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Yes Bitcoin can effect current economy system of country which has low GDP, Because if bitcoin price rises in future than it will effect on small countries. because Bitcoin CAP would more than GDP of nation. in that scenario will effect economy of any country.

I usually use it on my daily expenses and all kind of billing of house has been done by bitcoin earnings. I am not spending all money, 40% of income from bitcoins i save for future purpose.

Block chain is computer based technology which is actually running behind crypto currencies and bitcoin is one of them. without blockchain bitcoin can't survive
if blockchain does not there. When we send transaction of bitcoin to someone than Blockchain automatically generate some space and highly secured transaction ID which can't be hacked. so we can say blockchain provide simple and secure platform for bitcoin.

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Spreadsheet no #: 12
Week# 7

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Put all your money on cryptocurrency is not a good idea because it is decentralize currency and we can't predict about govt. mood against it.
But for making profit risk should be taken so invest small amount of money on ETH , that would be good idea.

According to me, long term thinking in crypto currency always lead to huge profit, i am not against short term, because everyone has different thinking , maybe someone think long term and someone short term,
Lets suppose if someone bought bitcoin in 2012 and sell it now, he/she could be richest, this is long term thinking,

It is right time to invest in crypto because price falling,bitcoin fell down to 10K and all other alcoins are also falling,as we all know they will gonna rise in future, so Buy now and sell them at high price.

Week 4 ( 17-23 January  )
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Spreadsheet No.  33

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Yes, Only for those whose income more than 5 lac from crypto currency trading, Also in today's newspaper headlines bank accounts for major exchanges in India suspended by Bank due to tax related issue.

It is very much impossible in nature because BTC popularity higher than ETH, and last days when bitcoin price was fallen, at same time ETH also fallen than how we can say that ETH overtake bitcoin price,

Now bitcoin will take lomg time  to reach 20K line because other competitors' altcoins are now getting grow and more popular for example - Ethereum, Bitcoin cash and neo etc etc.  Price of anything increase when demand and supply rules works in well manner.

It is not advisable even if you earn very good weekly or monthly income from bitcoins because it is decentralized currency and having no control over pricing situations and can't even predict about Govt. mood against bitcoins, so Don't quit your job for bitcoins. you can do work with both, just need proper time management.