I agree with all of the things you said. It does really change the world in a lot of ways. And I also believe that it can improve the world's economy. It also helps our way of living get better because there is a lot of money on a single bitcoin.
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This news is unbelievable but true. Though Zimbabwe is having economic problems right now, I hope their people use this advantage to lift their economy and lives.
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I don't think that your opinion will apply on every country. I think they will also tax you base on your earnings. For example, here in the Philippines, you get taxed by 12% of your total earnings. And every country has different styles of taxing.
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Yes. And we all should be aware that this is happening right now. Bitcoins can be used in dark negotiations because the government is having a hard time to trace this kind of transactions.
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Never tried doing this. And I will not recommend you to buy drugs with bitcoin because you are just going to put your money into waste. If you are going to use your bitcoin, just use it in good ways.
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I agree that bitcoin is not gambling. But there are gambling that involves bitcoin. And I recommend you not to try it because you may lose a lot of money. It will be better if you are just going to hold your bitcoins.
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The advantages of having a bitcoin are you can hold it until its value gets really high and you will get benefits from it. It is important to properly hold bitcoins.
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I don't think that the states can buy all the bitcoin. Because some bitcoins are already owned by people. And it would be hard for the government or different agencies to buy them all. Also, people are preserving it because its value is getting bigger so it will be beneficial in the future.
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One of the reasons why bitcoin is not supported in other countries is because they believe that it is a virtual currency and not a real currency. And another reason is people are getting money in bitcoin and they do not get taxed.
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The thing that impresses me most about bitcoin is it is really profitable even though it is just a cryptocurrency. I never thought that its value is going to be high like this throughout the years. And it also helped a lot of people.
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Yes. There is always a future for bitcoin. And I think the possibility of it going down is really low. The only cause that I can see to end the future of Bitcoin is to ban it.
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There is a website for that. For example here in the Philippines, we have coins.ph. From there you can convert your BTC to Philippine pesos and withdraw in different micro financial institutions.
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Bitcoins value still fluctuates so it is not stable. But I think this year the value of the coin will increase. Because even though it fluctuates so fast, it still ends up as high as the months past by.
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No. Because here in my country the banks still don't accept Bitcoins. But if you already converted the Bitcoin into real money, that real money will be accepted by the bank. But I hope in the future they will accept BTCs.
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When is the distribution of stakes? And what is the meaning of the green highlight on your name?
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I also have a friend that has the same issue as you. He tried to contact the person here in Meta, but he didn't know what to do. And he never knew the reason why he was banned. I hope they will respond to the questions why a person is banned here in the forum.
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Bitcoin is not new here in Asia. It is already introduced in the world since 2009. But only a few people know about it. This year 2017, a lot of people here in Asia is already investing in bitcoin. And not only in bitcoin but also in other cryptocurrencies. Meaning, it is already popular in Asia, especially in China.
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Bitcoin is a legitimate form of currency. There are countries that accept bitcoin. Bitcoin helps people in a lot of ways that is why it is important for most of us. But there are countries that do some rules and regulations about bitcoin and there are also leaders that make bitcoin illegal in their countries.
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There is no way that cryptocurrency can make real money disappear. Because real money means real currency. But the government nowadays can make cryptocurrencies illegal on their own countries.
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In converting ETH to USD, there are different websites that you can use for that activity. But I want you to be careful because scam sites and frauds do exist.
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