Bitcoin goes up and down but the general trend is up,a lot. Don't think short term look towards the halving in 2020.it is working on demand and supply theory only.
Easy Payments.... still many people in the world that don't have bank accounts,while internet access is easier.Bitcoin permit them to pay others easier than transfer and credit cards for transactions.
High demand and limited supply make bitcoin most valued currency in the world.as you might know,Bitcoin production will stop at some point in the near future if demand will keep increasing like today bitcoin can be worth million dollar.
Maybe bitcoin may give the world a clearer yardstick reference point for units of value.Bitcoin change the world by giving the world a better unit to measure value,to hold value and to transfer value.
Bitcoin is definitely not stable currency it depends on supply and demand.How many bitcoins existence vs. how many people want to use them to mediate exchanges.or to collect them because they might appreciate over time.
Yes'just like normal money,they do.but have two important things to note. First-more data becomes available in the industry,the more it becoming clear the number of bad uses is very,very minute if the entire bitcoin ecosystem is represented by a big mountain,the size of the bad part is couple of rocks. Second-that in any financial system,this is a risk that can never elimanated,merely mitigated.
In my opinion that it's decentalised and therefore isn't controlled by anyone,but then there are obviously patterns in its behaviour that it is following.That means that there's stuff that affects it and goes into it.
It is a system built on the Ethereum platform,through which fundraisings of that currency organized.help and provides the needs of people,is donated to charities,hospitals and other charitable organization that care about the welfare of others.
Cryptocurrencies have the potential to change the lives of some of the world's poorest and most desperate people for the better.and it can help also finance in a country that currently developed both the economy and in all sectors.it can improve lives by helping residents of developing countries participate in the global economy and escape from poverty.
It's simply because Bitcoin is not a legal tender of any country.Any transaction through Bitcoin or any cryptocurrency is punishable offense..It is illegal to use any currency that is not issued and controlled by a government or an authorized entity.
The future of Blockchain could potentially helps bring robustness and transparency to the post-trade environment and have the potential to reduce cyber risk by offering identity authentication through a visible ledger.