To make a loan in Bitcoin is no different that to make one in a foreign currency: may be you gain, may be you lose.
I think that for now, with a so high volatility, it's impossible to use bitcoin for loan: to have a monthly payment of which you do not know the amount will be a too big stress!

High volatility is not at all a bad thing; actually, it's very good if you know how to manage it and to profit.
Of course, if we are talking about trading.
To use bitcoin as currency, a so high volatility is a real problem

Not really: there will need so many change in society and in technology that it's unlikely it can happen in the next future.
But, who know, may be we all will have a Qrcode tattoed somewhere and will use it to pay... or may be just a chip underskin...
Who knows?

If bitcoin will achieve general acceptance, and the institutional power won't find a way to control it, we can bet that will be so many changes that nobody can imagine. Much more at political and sociological level.

I can't figure how bitcoin could reduce unemployment: bitcoin - as any other currency - is just a measure of value.
Of course, may be some big companies could hire people for mining, but is something insignificant.
And trading, at low level, for most people is just gambling: it can produce profit but also big losses.

There are a lot of people that for years ignored bitcoin or said it was a scam, now - after its boom - says it's a bubble.
But a bubble is just a boom that the person describing the bubble was not invested in.
The truth is that - bubble or not - now you can profit of it. That's all.

Trading needs a lot of experience and skill before to become profitable, so you NEED to start with little sums, if you don't want to lose all you have.
(In forex there is the "90 rule": 90% of traders will lose 90% of their money in the first 90 days...)
So, be careful.

I think that bitcoin will affect much more traditional power institutions (banks, governments) than economy.
Bitcoin is just a medium of exchange, but if authorities can't control it, they will lose their power.
If bitcoin will win, you can bet that we'll live in a very different society.

This is a very good question, because it determines the real value of a coin.
For what I see, in a well managed ICO the value rises during the campaign an then it drops suddenly as the campaign end (as most of the investros want to take immediate profit)
What happen in the future depend in part from speculations, in part form how good the project is.
If a project is good, the coin value can grow very much, and there are good example in this sense.

Well, this would happen even if dollars millionaire donate to the poor and needy...
It's not about dollar or bitcoin, but about the relation of power between men.
Even if there were no more money, there would be rich people and poor people.

That's it.
I suspect that there is somewhere a task force that verifies any transaction, and - at the right moment they will jump on you.
Like it or not, anything you do online leaves traces.

Of course money is just political!
Money is just a tool to measure the reciprocal relationship of power: actually money is a kind of potential that I have: more money, more potential.
And of course, if I had enormous quantity of money, I had a correspondent level of power.
And politics it's nothing more that power management.

Sì, e vero, a cosa servirà mai salire di livello? Forse perché fa fico? Forse perché ci prendi della gnocca?
Veramente, proprio non capisco.
Ma... sarà mica per caso per il fatto che con la stessa signature un legendary guadagna 10 volte più di un Jr.?
Manno', qui siamo tutti idealisti duri e puri, figuriamoci se pensiamo a cose di così basso livello....

Nota, e lo dico senza polemica, perché non conosco bene il gruppo italiano: la cosa più fastidiosa del sistema dei merit non è la cosa in sé (anché se - così come è concepita - secondo me è destinata a morire in qualche settimana) ma la spocchia dei Legendaries che dopo aver fatto centinaia di post insignificanti al solo scopo di salire di livello, ora che sono protetti ti vengono a raccontare "Fai de post buoni e vedrai che cresci anche tu"
E poi ti chiedono pure perché mai sei interessato a salire di rango.
Ripeto, date un'occhiata al gruppo in inglese, e il livello di spocchia è disgustoso. A me basterebbe solo che si potesse dare un demerit per i post passati - e in questo modo i Legendaries potessero venire retrocessi - e cominceremmo a capirci.

Cmq, ve lo dico tra paesani cosa succederà: le varie star del gruppo - con mille punti da spendere - si creeranno ciascuno un gruppo di discepoli da far crescere, totalmente sotto il loro controllo. Tutti gli altri, che si arrangino. Sempre che siano discepoli e non identità multiple.
Andreottianamente, a pensar male...

Money is nothing more than a system fo measurement of the relative value of things and services. This will be the same with bitcoin, dollars, gold, or just shells.
Of course, some system are more efficient than others, and for today's world bitcoin is a solution for a lot of problems.

Well, you had the proof that you can earn 100k starting from nothing. This is fantastic!
Ah, ok, now you lose it. So what? Start to fight back, and earn it again!
It's the best moment for traders, now! :-)

Actually, law of attraction is not new age bullshit, I can confirm by personal experience.
Please note that I'm a very rational guy and I don't think we can "influence" or "attract" something.
But it seems that you take decision with the  unconscious desire to confirm what you already believe.
So, if you are focused on "losses" you will have losses

Well, when I sustain that there is a big need of general financial education, it seems that I have good reasons...
It's not worth to answer of course; all what I can say is: go on wikipedia and search the word "inflation".

If a cashless society is a decentralized one, it will mean freedom from slavery from banks and governments.
But I', afraid that - in the mind of terrocrats - cashless means that we all will have a barcode tattooed somewhere, and any tranzaction will be monitorized by governments...  scaring!

Reading some post, I was very confused until I didn't realize that the thread was about a Big crash coming in 2017!!!!!
Well, anyone has the right to make prediction, but the problem is that people are more impressed when they hear the catastrophic ones.
It's a good idea to listen to anyone, but after that take decision by the evaluation of facts, not  by opinions.

Il meccanismo l'ho capito benissimo, dico solo che è delirante e serve solo a mantenere le rendite di posizione di chi è già al top.
E l'idea dei merits che si autodistruggono davvero esula dalla mia comprensione.
Del senso della cosa, dico. Nel giro di una decina di giorni, semplicemente non ci saranno più merits in circolazione (e gli 8000 mensili che dovrebbero crearsi sono assolutamente insufficienti)
A me sembra una variante del marchese del grillo da parte dei vip "Aho, io 'so io e voi nun siete un c...."

Oh, @exus, poi mi spieghi come fai ad avere 90 merits....