For some instance, bitcoin can reduce the number of unemployed individuals because you can earn money on this type of cryptocurrency. But we must not depend on it because the assurance of how long does bitcoin can last is not yet sure. For us to have a continuous and stable income we must still have a decent job to sustain our needs. Bitcoin is just a temporary source of income right now. We still need a back up to have a money to hand on.
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It is because of their government that keeps them away in using bitcoin. We can't do anything about that issue because their government have already implemented law for this. It might be unfair for somebody because they don't have the freedom to do what they want. Maybe it is just a way of their government of to protect its people because we all know that there are rumors of using technology in crime and corruption.
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What do you like best about bitcoin? Decentralization, transparency or easier to move? Or just it makes you look cool? What I like on bitcoin is its transparency wherein I can see the progress of my account and also easier to move because it is really handy and you have the hand to control and manage your own money and the possibility to have a profit or to gain ia always there because from time to time bitcoin price always changes it's either rise or dump. But the point is, the owner has the power to control his money.
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[Edited to make it more understandable question] What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion. If the usage of one currency for the global currency will occur, it will be a good help because we will only use one currency so there would be no more confusion. But, for that thing to happen, it might be impossible. Because if it will happen, other countries will think that the one who created that currency will be the most powerful country that will be on top of every nation. That will be a great chaos because in our time, each and everyone wants to be on top of each other and no one wants to be just a follower. That is the evidence of being globally competitive. Also, the government lies on their tradition, belief, and the majority decision of their people before implementing such thing. So, the possibility of using one currency for the world is somewhat really impossible right now.
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Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?
Maybe for those countries wherein bitcoin has been already legalize. But for those countries that have a small quantity of bitcoin users it may not. In addition to that, country's economy rise is based on its productive individuals wherein, the number of employed people are counted and the progress and improvement that can be seen to prove the evidence of its economic rise.
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One major financial problems we have in all our society is criminality and greedy. Bitcoin and others crytocurrency can resolve this problem by using this great technology to reduce crime and criminality. Cashless society do reduce physical attach on attempt to get fiat from the owner.
It may be possible to lessen crime and criminality physically. But remember, in the rise of technology, crime and corruption have also upgraded and put into technological crime involving fake sites that could easily access one's account. People will also need cash for payments, because in our time, before you can be able to access your account or wallet, you must have a internet connection. So it will be much efficient of using cash for now. But if they could think of the best way to hand on money that will not use internet for easy access, cashless society is really possible. Just the assurance for the safety of every account is in need.
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It is really a mind blowing project because of its large supply of coins. In addition to that, it is also interesting because at the very first day because 1PBT is already equivalent to 5BTC. I have nothing to say but just awesome. With this kind of project, many users will be interested to buy 1PBT for just 3BTC. Really have to get your coins ready and grab as much as you can.
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It's nice to see that the number of tenants worldwide is really increasing continuously annually. Looking forward to see the upgrowth of every individual involved in this project.
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One of the biggest disadvamtage of the bitcoin is its legality.Though it is already used in many countries,there are still some that doesnt give the bitcoin the rights to become legal.Second is the indirect payment using bitcoin,you still need to convert it to buy something but converting it has also a fee.But I know that those disadvantages will improve.
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At first I was not really interested to it but my curiosity brought me to this bitcoin.As a rookie I was able to produce small amounts of bitcoin and it really needs some patience for you to have more but know,As I do more research,I began to understand the bitcoin world and I already have a large amount of bitcoin in my account.
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Cash is still better than bitcoin in terms of some services.Though it still require fees,cash can still be used anywhere with ease unlike bitcoin that you still need to convert because there are just few shops that are accepting it.But i think that bitcoin will reach the point of acceptance all over the world as the technologies improves.
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I think it just the same,I mean when you upgrade your bitcoin miner you will get the same as trading.But if your miner wasnt upgraded to a faster one,it would take some time to get the same bitcoin amount as the trading does.But actually it still depend on your own handling skill.You should do first some research to improve it.
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You cant blame the bitcoin for the different cyber or internet crimes that are happening in the present because as we all know,fiat is also used for many crimes.Although we could see that bitcoin is used by some crime websites because of the anonymity that you can get with bitcoin.But that doesnt change the fact that majority of the crimes are funded by fiat money.
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I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?
I havent seen any bitcoin advertisements in T.V. yet.But if thats gonna happen it would be a huge popularity for the bitcoin because we know that many people have spended much of their time lf watching t.v. but I still consider the legalization of it in some countries.Advertising it on t.v. will hook a huge amount of people to invest in it.
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It is very low for now as the different countries still use fiat money.Bitcoin is still not legalized in all countries so the chances are very low for now.But as the technology rises the cryptocurrency is also introduced to many nations and it causes the bitcoin to be popular.Maybe someday as the materials decrease for making fiat money,the bitcoin will overcome it.
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I think 20 years from now,bitcoins value will be much more larger than it is now so holding that may be a good idea buy still there are many risk that can happen to the bitcoins value as the yesrs past.As we can see from now,its value goes up and down we'll never now when it would actually stay in going up.But your plan was good.
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I think ethereum cant even pass the bitcoin behind.Because bitcoin has already reached many people more than the ethereum and the bitcoins popularity is way much higher that that.The fact that bitcoin is very powerful makes it more impossble for the ethereum to pass it behind.
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After seeing the good response from the different people it makes me more excited about this project plus the fact that the founders are also great it makes me vey excited.Hope this project will come to success also it is a great help for us guys.Cheers to the founders of this project.
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Of course,everyone can use it with the requirements of some internet and a pc.Everyone can use it if they are willing to and they wanted to know more about it.Like me,Im just an ordinary citezen who has been curious about this bitcoin stuff but now Im already using it.
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You would want to know the demanding needs of the people in the internet just like what a businessman would do.In advertising,you could start first with the different social media sites as it reaches more people unlike anything.Or you can start first with some freebies to hook some people along with yout business.
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