Nope it will not and I can say that it will never be. Since it is decentralized and its impossible to have a physical form like the coins of Fiat. We now have Digital Technology, we don't need to rely on physical form anymore since it fades away so quickly (that's tangible for you). Whilst Bitcoin is intangible and no need to maintain. And can be used in various things and fields hence it sounds like money.

Although Fiat still has its relevance when it comes to payment and stuffs. Also it is till very convenient to use since the way of its transaction is very easy to understand hence we've been using fiat for some time now. But the thing is the use of a specific kind of fiat depends on the country itself only and cannot be used outside of its premises. Whilst Bitcoin has its freedom of use wherever you go, except for those countries that have temporarily banned them. You might ask why temporarily? Because in time Bitcoin will be as relevant as Fiat someday soon and be utilized just like Fiat but online and since internet is way more easier now than of the past we can now access it with ease.

But it already is a Global Currency, you see everyone can use it. Even though some countries ban this, they could still utilize it. I guess that's the main concept of Bitcoin, to have freedom in using it. I think economically, it will not help (for now), because we are still using Fiat in all of the transactions and we still using it to circulate and determine every exchange prices in specific countries.

It is mainly because they have some amount of Bitcoin to hold for, I mean you need to have a large number of it. Having huge amount of it means that you are now a major holder of Bitcoin. It could also affect the price of it, if you could just analyze it, these major holders greatly affect the price of Bitcoin. If they suddenly convert or sell in mass number of it, the price significantly change.

I couldn't agree more. If we would analyze it, having more focus on educating the people all over the world could end world poverty. After they provide the resources they needed in order for them to have proper education, then most likely they will now choose what would be the best way to help them to make a living and don't just rely on the help of others. And earning Bitcoin is just one of those aspect that they would choose.

Bitcoin alone can't end this major kind of problem, it bounds to many different reasons why it can't.

Well technically speaking, it is already a Global Currency my friend. Its just that it lacks so much versatility when it comes to its usage. We are not considering it as such because not so many country are legally accepting it.

But in countries that are accepting it has exclusive ways of usage like what you've mentioned, its just one of their features that they've added, only in their country that is.

Maybe this is really a good thing, but don't forget about what would be its counter side. Sure if the youngster could know Bitcoin so early and earn early in their young age then it would be great. But think about this, when these youngster already knew that they could now earn for a living by means of exposing themselves into Bitcoin, they would rather just stop going to school and just to that. So it would make a major effect on the government since Bitcoin is 'decentralized' - thus more sad faces to the government and eventually ban Bitcoin to the country.

By compensating your performance from what the product or service you've provided, payment really is the only method for you to receive Bitcoin. But there are many other ways to earn it. There would be gambling or even trading - they are the major things you could try to earn more.

I don't think that adding more people in the community will make the Bitcoin's price boom. Because as far as I'm concerned, there are major holders here in the community, people who have a mass number of Bitcoin. And not only that, whenever they convert or sell, these major holders makes the price fluctuates in large numbers.

I think the reason why these few countries accepted Bitcoin as their currency is that they wanted to take that first step in embracing the Digital Technology. They are also aware of what will come in the future. Therefore they already implemented this to their country as soon as possible, to become a well developed country when it comes to digital economic status.

Well in truth, it will not be considered as a reduction of unemployment or having a job since the government are not involve whatsoever. I say that it could only make a person earn a living and change his life with the benefits of Bitcoin not being employed.

In Online, making the word legit stick to an online business or service is really hard to trust if they're really are legit. But either way you have to take risks if you're really willing to earn a living because both could provide you income.

Are you just considering Bitcoin just a money maker? So that you could buy things from it? That is absurd, I don't know why people see Bitcoin that way. Ever since many people begun to have more interest in Bitcoin, they're using it just to make juice out of it. I mean that is a big slap in Bitcoin since it has so much possibilities and potentials. They don't even know the real purpose of Bitcoin.

But my friend, you also have to consider the possibilities of 'the taking over of digital technology'. And what I mean about this is, having the fact that technology is now progressing exponentially and very dramatically, maybe its time where we can now discover more valuable and real use of gold. I mean having Bitcoin replace gold and makes its value decrease to none (just in price value), we can now develop even more technology using gold. Because as you've said gold is a precious metal so why don't we just extract that 'precious metal' and utilize it to even more valuable form, not just for decorations or signage that you're filthy rich.

Well as of now? Its still not considered as 'easy' as you think it is. Although many people are investing more and more to bitcoin (because of its potential) there are still boundaries when it comes to its utilization, thus there are still many flaws in Bitcoin that needs refinement.

As what you're saying now is not using Bitcoin at all, its just like you're treating it just to make Fiats.

Probably the media spread out some gossips about Bitcoin and having the fact that it is taking its high rise in its price maybe they wanted to challenge those people who're in this industry. Well just to make more money for them ofcourse (that's pretty much how the media works).

But then again maybe they wanted the public to know what Bitcoin's potentials are. Like this, using Bitcoin as an asset. Maybe they've noticed a poor person is now a millionaire because of this.

Yes they could have sustainability in their way of living maybe more than just living, its like having a life. But it will never be considered as reducing unemployment or having a job at all. Since we are working out of Government's premises that is.

Sure Bitcoin will come to that stage where people will use it in their everyday transactions, like riding a bus or something.

This is quite a news, we can now share more of DIMCOIN's ideals for the decentralization future market. More participants more words to be spread. Let's just hope this will be a successful campaign. Good luck to the new participants.

So its all about timing eh?

But how could we know if it would be the right time, what if you converted this time of year but in the next year it has a better price? I think its more than just investment. If you really wanted to make profits, then you don't need to save all of it in your investment. Sometimes 'profit' is not a term only as economical in numbers. But also as a form of materialization. Making profit is not just making more what you've capitalized, but making it put into use, that's the true profit.

People fear what they do not know. We always assume that 'change' is risky and dangerous, that is true. It is a gamble between success and failure. People always wanted to 'play safe' just to not to make mistakes. And besides before they believe something there has to be proof, so the reason why they hate because they don't know the truth. And in order for them to know the truth, we have to prove it to them what really are the benefits of being involved in all of these crypto coins.