Andrew Haldane said one solution would be for the Bank of England to issue a state-backed digital currency based on bitcoin. Supporting this initiative would be a negative interest rate levied on paper currency relative to the digital currency, with these measures do you think there is more possibilities that sometime:
Paper money will be banned entirely?
How long do you think that happens?
would it work?
What security and privacy risks would it raise?
And how would public and privately issued monies interact?
Paper currency will still exist and will not disappear, and its use is also easier than crypto money in transactions. Crypto money is more suitable for investment than for transactions. |
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I heard people said that Bitcoin's profit is higher than profit of drug dealer, weapon dealers or profit of real property or any kind of stocks. Is that real ?
That's too much, maybe you should take into account the risks. Bitcoin is not stable in value, it needs calculation to play it. |
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Guys !! Should i sell everything to buy more BTC, ETH, NEO ? My car, my house, my wife ? Is it mad ?
ITS like a BLACK FRIDAY, i need to buy more coins !!
Of course, because that would be very profitable. You can sell everything to buy crypto coins, and if the price increases you will get rich. |
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Does Social Media Influence bitcoin growth?
Social media greatly affects the growth of bitcoin, because social media is a good medium for introducing bitcoin to everyone connected to it in cyberspace. |
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Hello there one year ago i bought 3 bitcoins but lost them all in gambling... :'(nd now seeing the bitcoin price makes me cryy...
I have 1500USD right now...i am thinking to buy the bitcoin now whatever i can get with them
Should i buy now or not as bitcoin is reached its all time high and in to the moon...please advice me
Now that bitcoin is down, I think it's a good time to buy bitcoin. Wait a while and wait for the price increase at the end of the year. |
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Total crypto marketcap is about to hit 1 trillion 2018 is going to be a big year !
What do you think ?
I believe bitcoin will rise in 2018, but if a 1 trillion rise of bitcoin is unlikely to happen within a year. Maybe the next 10 years bitcoin could rise to 1 trillion. |
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what are the benefits you get in bitcoin? And how those it affect your daily living?
Bitcoin is very useful for me, I earn income without having to work outdoors. Of the benefits are also good, I can use to meet all my needs. |
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Nowadays many people are starting to invest money on bitcoin or the buy bitcoin..is this a good approach?
How this will influence us in future?
many people are investing in bitcoin because they believe in bitcoin, bitcoin that increases in value it will be a good hope to get a profit in the investment. If bitcoin continues to increase as predicted, it will affect the level of wealth in the future. |
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Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
Bitcoin will keep running, if bitcoin stabilizes its value it will be good because it can reduce the risk of loss. |
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If you be given a gift of 1BTC by someone and for you this amount is already something you did not expect. Will you sell your bitcoin right away and convert it into cash or just keep it for a better price to come or invest it or what?
If I will hold it until the end of the year, if the price is high I will sell some for investment to another coin. |
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Bitcoin trading these days has become so rucreative that I am tempted to quit my present job which is not giving me enough time to explore more out of bitcoin world...
What's your take on this, should I go ahead and quit?
Thanks
It was just like I was experiencing and I'm leaving my current job. I do that because bitcoin benefits more than I earn from my job. |
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I started 2017 broke and with a very low wage. My girlfriend also broke up with me in the beginning of the year.
Although I had committed some trade mistakes I was able to get 400% gains, thanks to btc. This gave me hope and made my year a lot better.
I wonder how many people bitcoin "saved" this year, even preventing some suicides maybe.
You are right bitcoin has saved many people. I am also the same, I can pay off home loan with the advantage of bitcoin. |
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After the events of last week.
I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small. Does it matter?
Bitcoin is a currency that has a high selling value, bitcoin value increases if many bitcoin demand. But bitcoin is not the strongest money in the world, it could be bitcoin later replaced with other money. |
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Hello, Would it be smart to transfer all the Bitcoin you own to Ripple. Ripple is rising smoothly and seems very stable and it's not done yet. What do you think? Thanks!  I prefer the bitcoin instead of xrp, since the first crypto chip bitcoin and proved the strongest to date. |
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I will be extra happy  What do you intend to do with your Bitcoin when it reached $1,000,000 mark? It would be a great day. I will sell it and buy a new car for my parents. |
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What do you think a about it? is it good or bad for bitcoin?
The Bitcoin community is on the rise I think that's good news. With the rise of bitcoin communities proving more and more users of Bitcoin, from there we can more easily discuss Bitcoin. |
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What is bitcoin for you? Is it a chance or a scheme to get rich? Or is it actually to keep your wealth to yourself.
What lead you into bitcoin world and what's keeping you here?
Bitcoin for me is the future money that can be used for freedom in transactions or it could be an investment for long-term profit. Certainly also can make people become rich. |
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I'm wondering why bitcoin was made if there are too many currencies in each country, why would anyone add or make a type of currency in the internet? For easier and faster transactions or so ?
Each country has its own currency to facilitate transactions locally. Indeed many coins in the digital world but will not be able to shift Bitcoin. Bitcoin is the most popular and highest crypto currency. so do not worry too much about it. |
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Bitcoin security is very powerful and not easy to hack, so you can feel comfortable. |
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Bitcoin is so expensive if it will be converted to my country's currency it will cost hundred of thousands.
Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
Bitcoin becomes expensive because of the large number of requests while the number is limited. |
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