If your tokens are stored in your wallet, perhaps your closest person will not know your key. When a person dies, there is a high probability that the tokens in the wallet will disappear forever, which is equivalent to being destroyed， So that the price of the currency can be increased even higher, but if you tell the closest people the key, they may sell a large amount of bitcoin after you die, which violates the consensus and characteristics of long-term bitcoin holding.
it's true that if the key is not known by others and we die, all the tokens we save can be lost or like being burned, it would be nice if we gave the key to our own family so that the results we work can be enjoyed by them. |
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I haven't been honest with my family about crypto. I have assets in crypto and my family doesn't know about it. It's not that I don't trust them, but that I don't feel ready to be honest with them. but i wonder if i will live till tomorrow? I will tell them as soon as possible that I have assets here so that if I die, the fruits of my labor so far can be enjoyed by my wife and children in the future.
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Bitcoin could be the future of finance, but might not be in my lifetime. We should use what is accessible by most to say that it is credible. Compared to Bitcoin; Banks are more open and mainstream. Even though Bitcoin has a great utility potential, Banks are still stapled for livelihood benefits.
Answer to the question, there is a huge probability of encountering a problem with banks compared to Bitcoin since we solely manage it.
Bitcoin is much more reliable as long as you know how to operate.
right now there are still many people who believe in fiat compared to bitcoin because in general now fiat transactions are easier in everyday life. people who believe in bitcoin people who know more about bitcoin and they know bitcoin can be a very valuable asset in the future. |
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I think bitcoin is a very valuable asset for the future, so it is not wrong if we are currently collecting valuable assets for the future, nowadays many people want to own bitcoin, everyone knows the price of bitcoin and they believe that in the future the price of bitcoin will be more expensive and very profitable.
Bitcoin has no definite value but everyone believes that its value will be great in the future. Bitcoin is the future indeed. No one would ever want to own bitcoin just for fun but the fact that it wil be of huge value in the future makes everyone crave for it. For me, i personally want to own bitcoin because it will be a good retirement when i get old. Although negative news and fuds are definitely inevitable but we know bitcoin is not a big hype but a profitable asset and investment that is very promising to give us huge profits in the years to come. it's true that bitcoin will be expensive in the future, especially if it's legal in some countries, the price of bitcoin will definitely increase, which makes a bad issue about bitcoin, actually they just want to take a chance because when the price of bitcoin drops there are parties who buy it like in China yesterday, he said China banned bitcoin but my friend in china buy bitcoin it's smart take advantage of the situation you will benefit from it. |
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Bitcoin is not only the currency of now but also the currency of the future. I can't even imagine how big the price will become and how big the adoption will be in the future. It is the most trusted cryptocurrency too.
Many people don't really know about the value of BTC now but i know too well they will say " where was i when BTC was below $20k and $30k". so the best people would do is to buy and hold because none would possibly predict the future. I hear a lot of words buy and hold but few people want to do such a thing I'm sure if people buy bitcoin now and hold it they will become successful people and that's for sure but once there are words no one can predict the future then all the arguments i said above will be finished they will not buy and hold they will be afraid of the risk so severe that risk persists in all actions but don't be afraid of madness, all successful people now they wake up with many failures in the past. |
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I believe both fiat and btc are equally important in my life but if you want to save in large quantities I am more confident in btc because btc is a very important asset for the future if I only save fiat in the bank then the amount of fiat I save does not increase and I can not make it as an asset for the future.
I still need a bank for my various needs so I also choose both... long-term savings in the bank is just a waste of time because the money we save, the value will be the same as when depositing it. but if you save in Bitcoin then the possibility of a profit of 5x-7x from the initial savings is very large. it's true that in our current era we still need banks for our needs but maybe in the future we will no longer need banks unless banks provide coin services. In the future we will shop using coins so fiat is no longer needed or fiat may become extinct, then the transaction will be replaced with coins or gold, what do you think if it really happened? |
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I believe both fiat and btc are equally important in my life but if you want to save in large quantities I am more confident in btc because btc is a very important asset for the future if I only save fiat in the bank then the amount of fiat I save does not increase and I can not make it as an asset for the future.
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I predict that in the future all transactions will use coins so it's not wrong from now on to collect coins like eth coin and bnb these two coins are very good for storing in the long term especially now that you hold bitcoin in your wallet. I dare say who holds bitcoin now you are one of the successful people in the future.
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in my country many know bitcoin but they only know the price of bitcoin they just think bitcoin is expensive but they don't know how to get bitcoin so they don't know the true function of bitcoin.
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El Salvador is indeed the first country in the world to accept bitcoin as a legal tender but that doesn't mean El Salvador is the home of bitcoin, maybe later there will be another country that legalizes bitcoin. Is that country also called a home for bitcoin?
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Seeing the increasing adoption of Bitcoin, as well as the huge current market capitalization of Bitcoin, over $600 billion USD. I believe Bitcoin will continue to exist for a very long time.
Today Bitcoin (Blockchain) Technology is for the future. Some countries have started to legalize Bitcoin, the more people and countries that recognize Bitcoin, the existence of Bitcoin will be the same as gold, even better.
I also believe that bitcoin will never disappear because the price is very expensive and its popularity has been very much, in fact from day to day the popularity of bitcoin continues to grow. Bitcoin has become increasingly popular throughout the world so that large companies have started to accept bitcoin, the more people or large companies in the world who accept bitcoin as a means of payment or as a source of income, the price of bitcoin will continue to rise. I agree with you bitcoin is moving forward but I want to ask is bitcoin dependent on the internet in the sense of the word bitcoin still exists or can bitcoin disappear without internet? |
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there are some people who claim to be Satoshi Nakamoto but until now no one has been able to prove that he is Satoshi Nakamoto I am very sure that Satoshi Nakamoto actually doesn't want to appear in public. actually this satoshi nakamoto has been a mystery for a long time is he a person's name or satoshi nakamoto is a group?
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Legalizing bitcoin always have negative and positive impact both to the users and to the government. But for me, it is more secured if bitcoin is legal in our country. Bangladesh government will also benefit from bitcoiners tax if ever they will legalize it.
right I agree if bitcoin is legalized then the country of bangladesh will benefit from taxes but if bitcoin is not legalized then bitcoiners will also not lose, in fact they make a profit without being taxed for each transaction. |
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there are some people who hold the goal is to wait for the price of the coin to go up if the coin has gone up in price most people sell the coin, and there are also those who hold it for future assets such as people who hold bitcoin they don't sell bitcoin even though the price has gone up maybe they have a target in the future.
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I agree no one can turn off bitcoin now especially now that there are countries that have legalized bitcoin. This is one of the shocking news for the development of bitcoin so for now I don't think there is a loophole to shut down bitcoin.
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now we live in the era btc has been created, i work in the office every day and i work to get digital currency only work in my spare time so if btc has not been created by satoshi i still work in the office,
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It could go to $10k but it will eventually go back up. It really depends on many economic factors. It always goes back up, as long as the internet is around.
actually no one knows how much the price of bitcoin will go down you mention $ 10 k it's just your assumption but for sure the price of bitcoin is very difficult to guess, and I want to ask how do you mean the price of bitcoin will always go up as long as the internet exists? please explain more clearly. |
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I read a lot about bitcoin bans in several countries, like recently China banned bitcoin, it's true the price went down and there were also countries that legalized bitcoin and at that time the bitcoin price went up but I believe in bitcoin the future will be better and many people are happy with bitcoins. so when the bitcoin price goes down this is a good opportunity to buy bitcoin.
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whether bitcoin is haram or halal I have explained above bitcoin for example gold holding gold is halal but if using gold is wrong it can be haram for example gambling using gold or buying marijuana using gold is an act that is forbidden in Islam as well as bitcoin depending on the bitcoin holder .
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many give opinions without clear sources, I know china is a country that is very observant of financial problems they are only looking for profit and don't know losses so I think china is not a stupid country they have their own reasons why ban bitcoin miners in their country if bitcoin miners are profitable China, of course, the Chinese state will not ban it, but currently China is banning bitcoin miners, meaning that there is a possibility that the Chinese government will be wary of these bitcoin miners.
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