Perhaps everyone's assumption about bitcoin is different and sometimes bad assumption is more dominant among the public who do not know about bitcoin completely. But bout punishment 6 months for just using bitcoin is very arbitrary rules because not everyone using bitcoin for illegal things.
Six months of imprisonment just by using bitcoin? What country is that? How did they trace someone who uses bitcoin? Anyways, different countries different rules. Like what you said, it is about perception or assumption on what bitcoin is. Maybe they are using it for gambling that is why they were punished.
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Bitcoin is digital currency not asset as people actively using it for different things to perform just like fiat. Bitcoin is not asset where you invest and keep that in holding like gold. Bitcoin is exchanged with fiat and remittance market is almost occupied by Bitcoin and gambling industry where Bitcoin is used as alternative form of money.
I agree, bitcoin is tantamount to a digital currency and bitcoin is not the same as investment assets, or the gold always goes up but the bitcoin uncertain sometimes up and sometimes down. bitcoin is an alternative we if Save as money, with Save as then it will be more secure bitcoin and easy too easy on Exchange in the market because the market is almost occupied by the bitcoin and gambling industry is used as an alternative to bitcoin to save money. Yes at some point it is alternative but for me it is same as money. Money used online. You could do same thing like buying stuff, having some investment, trading, only if you were online. As time goes by, little by little it became more of like the real money, paper money.
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Even here in our country they were like fabricating news just to catch attention. I have high respect for them before but as time goes by and others bashing the cnn, that made me think if I still continue to listen to their news. I do not like the way they exaggerated their news just to catch attention.
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It seems impossible to realize such a thing. Because the policy of each country is different, its needs are also different among fiat. If something like that happens, the economy of each country will be destroyed. You can imagine each state price of a material 1 with another different while the same nominal value, then there will be losses and resulted in the country looking for alternatives to create their own value of a goods / produce a good. So long over time the value of the currency is abandoned. If making all nations seems impossible because there are significant price differences between countries. As well as the above illustrations.
Of course the price will vary. For example an apple in the US would cost just $.50 but if it will be shipped in other country let say in Asia it would already cost $1. But it would be nice I think. There is no need for cash exchangers and it means no transaction fees either. I actually love the idea of having one currency in the entire world.
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I choose bitcoin because it is more profitable coins than other altcoins. Also, the price of bitcoin in the market is too expensive if I invest in this coins I was sure that I was earn income. In addition bitcoin is a friendly user, even child or old it was applicable.
Yes bitcoin is more profitable than other coins because its price is increasing day by day and also now some countries accepted bitcoin due to which the bitcoin become establish and I think in future many countries will accept bitcoin and bitcoin will be a global currency, so you are good at this points that you will choose bitcoin for investment and I hope you will get good profit in future if you invest your money in bitcoin. Aside from it is the first digital currency, all the price of emerging digital coins are based on bitcoins. So it is like a dollar if we compare it to paper money around the globe. Aside from it is easy to earn, it is a good investment cause its price goes up. And little by little it has been recognized now.
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If the paper money cannot manage by the people in the right way maybe their value were decreasing. But I was not worried that paper money were survive in the future. Even theirs a lot of coins develop or crytocurrencies I think paper money were not diminish
Most of the use of paper money has been attached to each other so unconsciously, we can not possibly replace it. I am sure, in the future paper money can also survive in the rigors of competition with digital currency Paper money has the perfect backing system, which will keep the paper money survive longer and longer even when several advancement in the technology related to the financial system has taken place. Paper money will be used for a long time as it's the easiest currency to handle than anything else. So true. Paper money evolved many years ago and there is no way it can be replaced by any currency. There is no need to open your computers and have internet connection to transact or to buy something. Though it is really hard to earn just by having any job unlike bitcoin. But still even the advancement of technology and having bitcoins and any other crypto currency paper money still a need for society.
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It is exciting to think of how a cashless society would be like. No fear of getting robbed or lose your cash if all the money will be processed online. But the problem would be the stability of internet connection. And what if a calamity strikes, electricity gone. That would be a chaos knowing that no one can buy and sell and no way to transact.
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Of course yes, bitcoin were reduce unemployed people in the world because most of the people wants to have a job to support their needed in life thru the help of internet most of the people were searching job thru different sites and I think bitcoin is one of the job that gives opportunity to others life.
And quite impressive what technologies can do right now. Having an access through computers having an internet connection really gives everyone a chance to have an income. Aside from earning bitcoins there are a lot of opportunities in the internet. Even receipts coupd give you cash.
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Bitcoin exchanger can be banned but bitcoin users can't be banned. Their wallet are store privately no institution can disable the wallet or suspend it like a bank account. If you have a bank account the bank can suspend or limit your account. A government can also suspend a bank or close the bank due to some reasons. BUt Bitcoin wallet , Who will close it? In case your forget your pv key you may be suspended by yourself.
You are right of course, but the government may, if desired, to forbid banks to make transfers to exchanges that use the exchange transactions of bitcoins. It can perform the role of the regulator and create serious problems for bitcoin users. I don't think they'll do that since bitcoin's foundation is quite strong thus it's unreasonable for them to do that. Besides, government don't have an access in blockchain. For this reason, government can't regulate bitcoin wether they want it or not. I think they still can if they do some law to have some access in the blockchain and have them regulate the bitcoin. Government can do it because they have the power to do it. Bitcoin may be strong but of course if the government sees it something could benefit most people or could do harm to the people, maybe they would require them to regulate it.
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We have different priorities, thinking, and ideas. We cannot imposed to people what we think should be doing like what we are doing. We cannot tell them to do this because we are doing this and this is right. Yes the idea is good. Maybe we can buy things that they think we could not afford. And when they ask how we get it, then proper time to say through bitcoin and this how I used my vacant time rather than watching movies all the time.
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For now it is hard to use bitcoin as regular currency and we all know that. Bitcoin is not yet accepted worldwide and little establishments knows it. But does that not mean it will be like that forever. Little by little and as time passes by, many people will know bitcoin and will be acknowledge as one of the currency.
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It would be impossible that real money will disappear. I do not doubt the capacity of bitcoin but since it depends on technology and technology depends on electricity, we are not certain that it could be possible. What if calamities like typhoons earthquake and the like would cause the absence of electricity for quite a period of time, if there would be no paper money then we will all get hungry. Maybe money will be still the currency then next is bitcoin.
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Yes because if there would be cryptos in their country they would try to make use of it. And since it is new its price still low and many could afford it. It will affect the bitcoin but not that much. Cause prices of cryptos in their country would depend on bitcoin .
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I think Bitcoin is my main source of income because I spend all my time on this job and often study to be a smart investor for Altcoin coins
Believe with your plan that you will be a smart investor soon. I'm not still planning to focus with bitcoin for now, I just want to do it a little by little I'm still focus today with my real job and just treat bitcoin as my second source of income but the fact that I'm having a good feeling that earning with bitcoin will be better for me. Same here, bitcoin is not main source of income but sometimes I admit that earning in bitcoin is a good way to support some of my expenses. This extra income from bitcoin saves me from loans, honestly. Well I can say that bitcoin helped me a lot though it's not my main focus for now as there are some events that will be held by our department. But still the good thing about bitcoin is you can do everywhere as long as you have internet,whether your source is trading or others that is related to it. Maybe in the near future I'll shift full time. I'm sure many people are making bitcoin as their main source of income. Well, many say that bitcoin income they get more from their work in the office, and I also think that way. So there are probably many who make office work just as a second income in their lives for now. Yes that is so much true. I am proud to say that I am one of those people having earned income through bitcoin aside from my day job. And it is true also that if I become more focused on bitcoin, I can have more income than my job at the office. I wish that many people would knew about bitcoin.
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In some news Bitcoin was already being advertise, reporters are talking about the price of Bitcoin, I saw a lot of news related to Bitcoin in youtube that was launch in television. But if there is always advertisement about Bitcoin in news then many people will become curious about it and i am sure that they'll try to use Bitcoin.
It would still be good if it will be advertised or there are advertisements on television. People will be more curious on what bitcoin is. People will be more convinced that this thing really do exist and nit another scam. For sure there would be many users if it will be broadcasted on tv.
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I think Japan is a country that thinks about the times and always think all community demand because I've read about the article many enthusiasts bitcoin in japan
It is a good news for us that many countries are now accepting bitcoin as a mode of payment. In that case we can go wherever we wanted as long as the country is accepting bitcoin. Hoping that other country will might as well accepts bitcoin as a currency that they will recognized. It is no wonder that Japan will accept bitcoin for fare on airlines. They are into technologies and the genius behind bitcoin is a Japanese. They are open to technologies and ease of life. Perhaps I have to start saving more bitcoins because I want to visit Japan someday.
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I do save bitcoin for future purposes i want to secure my future thru bitcoin i believe on the power of bitcoin and i know the price of it will continue to pump until it hits $10000. i know its possible and i am sure i will be happy on that time. Well i do have fun joining signature campaign and trading also.
Yeah price will skyrocket in future for sure so its good to start saving them from now to have better and secure future as if we spend them now then it won't give us the best profits that is possible to gain by selling them when price goes higher in future so spend them only you need money badly or else simply save them. Indeed. I almost sell my bitcoins this past week because of its price goes down. But thank enough I think twice before doing it. Now its going up again. I need money but I am very focused and motivated not to spend some of it. I know that when time comes saving bitcoin will have a good profit.
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Still he became a prince before. Lol. It is not about the state of life to fall in love. As they say love conquers all and that does not exempt the princess of Japan. It is not that fairytales like that could happen. Ordinary man falls inlove with the princess. After all he is a lawyer so it means he have a career ahead of him. Good way to start a family.
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The reason why a country is poor or is not the age of the Nation.
This can be demonstrated by countries like India and Egypt, which are more than 2000 years old and are still poor countries.
On the other hand, Canada, Australia and New Zealand, which 150 years back were insignificant, today are developed and rich countries.
The difference between the poor and rich nation does not also depend on the available natural resources.
Japan has limited territory, 80% mountainous, unsuitable for agriculture or farming, but is the third in worlds economy. The country is like an immense floating factory, importing raw material from the whole world and exporting manufactured products.
Second example is Switzerland, it does not grow cocoa but produces the best chocolates in the world. In her small territory she rears animals and cultivates the land only for four month in a year, nevertheless manufactures the best milk products. A small country which is an image of security which has made it the strongest world bank.
Executives from rich countries who interact with their counterparts from poor countries show no significant intellectual differences.
The racial or colour factors also do not evince importance: migrants heavy in laziness in their country of origin are forcefully productive in rich European countries.
What then is the difference?
The difference is the attitude of the people, moulded for many years by education and culture.
When we analyse the conduct of the people from the rich and developed countries, it is observed that a majority abide by the following principles of life:
1. Ethics, as basic principles. 2. Integrity. 3. Responsibility. 4. The respect for Laws and Regulations. 5. The respect from majority of citizens by right. 6. The love for work. 7. The effort to save and invest. 8. The will to be productive. 9. Punctuality.
In the poor countries a small minority follow these basic principles in their daily life.
We are not poor because we lack natural resources or because nature was cruel towards us.
We are poor because we lack attitude. We lack the will to follow and teach these principles of working of rich and developed societies.
WE ARE IN THIS STATE BECAUSE WE WANT TO TAKE ADVANTAGE OVER EVERYTHING AND EVERYONE. WE ARE IN THIS STATE BECAUSE WE SEE SOMETHING DONE WRONG AND SAY - “LET IT BE” WE SHOULD HAVE A SPIRITED MEMORY AND ATTITUDE…
A post that is really good to read. All are correct and awakening. Plus rich countries stays rich because they uses their richness to suppress the poor countries. They manipulated the economy of these countries. They will give donations everytime there were calamities or will give any assistance. It is not wrong but was it really their objectives? Poor countries have many resources yet they still poor because those who maneuver those resources were foreign countries.
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I don't why people like this exist on earth. The world doesn't need this. I hope all this terrorist bullshit ends soon.
It will never end. Even if someone manages to take out Abu Bakr al Baghdadi and his ISIS group, a new leader and a new group will emerge. I know the exact reason behind the rise in terrorist incidents. It is the money inflow from Arab nations such as Saudi Arabia and Kuwait which is causing an uptick in these incidents. Sadly i think you're right. With people being divided by culture, religion and beliefs, it would always be easy for evil people to take advantage and manipulate those factors to wreck terror. Sadder part is they are getting a lot of people to agree wih their thinking, and these people are educated ones, to say the least. Some even are from well off families. And the more.this goes on, the more innocent people will be affected. Truly. As long there were greedy people this chaos would never end. These beliefs of "muslim" to kill Christians will not end because of their unusual belief. Actually they would just do these not for their beliefs or that is with accordance to the teachings of their religion but it is because of their own greediness. They want to rule or manipulate people. They are worse. Muslim people I know were good and kind.
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