I would not say a centralized system is much better than decentralized system. I believe both of them have its own advantages and disadvantages. The real problem lies not on the currency and the system but rather on the people who are using and operating such systems. Humans are greedy and it is the main source of problem and whatever system we may choose as long as human nature does not change for good then both centralized and decentralized system will encounter problems on the way.

Non decentralized coins though stable but it is also its weakness since if the center of its administration have encountered a huge problem then the whole system will be affected. It is also not true that it will not be prone to manipulation, it may be true to the value but the manipulation of supply or corruption by the management is prevalent.

https://news.bitcoin.com/costa-rican-workers-can-be-legally-paid-in-cryptocurrency/

In this article we can read that a new breakthrough in bitcoin economy is realized. We are always talking in this forum of the possibility of workers being paid in bitcoin or in any form of cryptocurrency. Finally the government of Costa Rica is now on the move of making that dream a reality by legalizing cryptocurrency as part of the salary of the workers.

The real question is, if this trend will become successful in long term or will not last long?

There is nothing to be confused since bitcoin is bitcoin and the rest are just copies and clones and not the original. Bitcoin cash, bitcoin gold and other version of the forked bitcoins is not bitcoins but an altcoin created out of bitcoins algorithm. Using common sense we dont need to be confused since there is only one bitcoin and it is named bitcoin.

Im sad to say that your information was a really old one. This will not bring any impact to the bitcoin market. Though MT. GOX have still a hundred thousand bitcoin at their disposal to be sold and refund their investors but they will not sell it all in one go and thus the market value of bitcoin will not really fall down after the huge dip that occurred months ago. This is the time for bitcoin to recover.

Before bitcoin could be used in the mainstream we will be waiting for a long years before that could happen. The general public is not yet ready to accept bitcoin since they are used to the traditional fiat currencies. But at the same time there is a small movement right now and little by little people are slowly accepting bitcoins and using it. So sometimes we can just wait for it until such time that bitcoin is already on the mainstreamed.

Lightning network is really the best way for bitcoin to make it more better than ever. If the lightning network will be implemented then the bitcoin transaction fees will be much smaller compared to before. Also it the network is established the confirmation of transactions will be much faster than before and there will be no back logs on the mempool.

We cannot really 100% avoid hacks but we can lessen the risk of being hack if we do our research. We must also understand how hacking is done so that we can avoid being hacked. If we have no knowledge on how this things works then we could bite the traps that the hackers are sending us. So I guess we must avoid suspicious links and stop clicking it also we must install anti-malware such as bitdefender so that trojan could not access our data. There are many ways and things to do what wee need is to make our research.

Bitcoin can really run using artificial intelligence. But the risk is also high since artificial intelligence can also be prone to hacking or its program can have an error. This could be possible if the program of the Artificial Intelligence is perfect and even if we run into problems the system can assist us. If everything is perfect then I will vote for the use of the AI but if it is not then I will not risk my bitcoin and investment.

It is possible to trace that person but you will need a lot of money and resources to use so you can catch the theft. Even big exchanges who spent millions of dollars have a hard time catching the culprit but there is no guarantee that the bitcoins will  be returned. So I guess let us just be vigilant and ready make some research and background check before investing on any ICO.

If our life revolves on cryptocurrency as the primary foundation of finance then payment system will be very easy. We no longer go to the bank, or to any establishments to pay. We just need our computer and our mobile phone to pay our bills, debts, tuition, payment for services and many more. Payment system will be on a new level.

Do you mean prone to hacking. It does not necessarily mean that if you have bitcoin you have a huge tendency that you will be hacked. If you are not very careful then you may be a victim of small time hackers. But we cannot deny the fact that big exchanges have been hacked and they lost huge amount of bitcoin amounting to millions to billions of dollars in value.

Bitcoin is not yet on that level of influence on countries but rather its economic effects are felt on the level of individuals. Jobless moms, overseas workers, unemployed individuals, students and many more have started to earn online jobs due to bitcoin. In this area we can say that some countries the poverty rate have reduced not on a big scale but on a small scale. But even though this maybe only felt by some few, it is still a helpful currency that allows people to earn online.

It is really hard to buy bitcoins in India since after the regulations were set in motion. This has become a really inconvenient to the Indian bitcoin community. The only way for the bitcoin enthusiasts is to create a group wherein they can sell and buy their bitcoins. Its just a matter of initiative and creativity.

Bitcoin has many flaws but even though it is his standard technology and features that makes his value today as it is. But it is really efficient if bitcoin will change its code so that a speedy transaction can be done in a matter of seconds. If bitcoin will become more customer friendly then we will no longer rely on the huge traders on the market for bitcoins value. Rather, the value of bitcoin will be determined by its consumers and users.

This is a very popular question; even as a kid this was always being asked by my friends and even older people. But up to now nobody won the argument  this may sound funny but this is very philosophical question in a very funny way.

For me both the egg and the chicken came at the same time.

In the bible you will read in Genesis that God created all living being including animals that flies and walks and that includes the chicken. There was no mention of eggs.

Evolutionist would argue that all living being came from a one celled organism and evolved. In the earlier stage there was no giving birth but it was eggs that were brought by the water creatures before it evolved and steps on land. When those organisms set forth on land and began to evolve that is the era where chickens are found. In this story eggs came first.

But both of the story were no clear evidence and thus there is no saying which came first so to make it fair let us just accept that probably they exist at the same time.

The market is a game of trading. And of course common sense will tell us that even without any evidence to back-up the claims we can still be certain that it is a reality. If you have a 1 billion dollars and you bought bitcoin at this point of time then surely bitcoin will increase in value tremendously and if you already meet your expected income and sell 2 billion dollars worth of bitcoin value what do you think will happen to the market. Also if you have that huge amount you can play the value of bitcoin in the market and it can cause panic among smalltime bitcoin holders.

There are many stories circulating around the web about that hacking incident last 2014. Some said it was a inside job and they said they are hacked and that they can only recover 200,000 bitcoins. But still at this point of time the dollar value have already been reached by Mt. Gox and they are selling a huge amount of bitcoins to refund their clients.

This is a sad truth that this event have really caused and uproar on the btc market that leads to a panic selling by the traders, bitcoin holders. We can see the value of bitcoin went down as low as 6200 last week but luckily it went back to 6700 this day. Though we are hoping for a bullish move but the Mt. Gox is planning to sell their 160k bitcoin by September and this is really a worrying announcement.

I thought that it will have a positive impact on bitcoins value but rather what I am expecting is the opposite. The good news brought about by the acceptance of bitcoin by the world cup football 2018 is being stomped by the negative news. The investigations done on the 4 big exchanges and the hacking of a big exchange have more power than the football case. I guess we will just wait and see and hope for bitcoin to recover.