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The problem runs much deeper than Bitcoin adoption. The best way to help is to support any efforts for STEM adoption among young women. Gender disparity in Bitcoin will follow the same trend as gender disparity in technology as a whole. If, generations from now, the percentage of female doctors, mechanics, programmers, etc, has significantly increased, you'll see a similar increase in Bitcoin adoption among women.
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Equities and mutual funds. High yield deposits - cross currencies. Currency trading Commodity trading Leveraged real estate investments Caution : All these are high risk too and investor may lose their capital.
For safe investments LIC international and insurance linked plans, fixed deposits may be good.
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That depends on your goals, Both are risks. Either market could crash but generally you are safer long term in real estate. That said, if you are willing to brave the volatility of the bitcoin and alt coin markets then you could do very well but either discipline takes a lot of care and attention.
Bitcoin and other coins have been known to make over 100% gains in a 24 hour period. Depending on what you invest this could be significant.
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The first word which comes to my mind when I hear the word money is Power !!
Honestly,in today's world money has the power to make anything happen may be right or wrong !! Money isn't everything but it is more than everything !! So Power is what you get in ur conscious and feel confident about once you have it with you !!
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I know that it is safe, because I work with securing and analyzing blockchain applications and currencies. Blockchains are impenetrable and thus are safe to investors (no chance of losing your Bitcoin).
If you mean from an economic standpoint, people speculate about Bitcoin climbing to a million dollars per Bitcoin and about Bitcoin falling to oblivion. Truth is thats all people do, speculate. None of them know for sure.
Personally I see a huge potential in blockchain cryptocurrencies and applications. Thats why a year ago, I bought massive amounts of Ethereum and 21 Bitcoin. Ethereum grew 2500% since I bought it and Bitcoin grew around 1000%.
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It comes down purely to risk analysis. Holding a few hundred dollar worth? Whatever, keep them on coinbase. Its unlikely anything will happen. Thousands? Use Electrum or a hardware wallet. Nobody thought MTGox was going to shit the bed and lots of people lost a lot of money (myself included). If something ever did happen, you will be protected.
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Maybe. But if banks already bought assets, wouldn't we see it? Ledger is transparent and people like them would be transacting in hundreds of millions if not billions.
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Deflation is a disincentive to the producers. This causes loss of jobs. This in turn causes loss of earning power, leading to lowering of demand, causing the economy to go in a deflationary spiral. Bitcoin has no mechanism to escape this problem. It can only work if it is used in conjunction with an inflationary medium of exchange, not in lieu of it. It has more in common with an asset than with a currency.
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Markets are a reflection of the human condition. We are short-sighted. Changes in the near future are always less than we expect while changes in the long-term are way more than we can imagine.
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Cryptocurrencies know no borders, so a person in a Vietnam, for instance, can purchase some bitcoin and use it as a store of value that protects from the domestic fiat currency that is being devalued, or the Bitcoin payment network can be used to move that value abroad for investment -- something not otherwise possible today because of capital controls and/or fees causing such a cross-border transaction to be prohibitive. An example of where this is available today might be with Coinapult's "locks" -- where value from Bitcoin can be converted to gold or dollars and "locked".
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Well, after what happened in 2008 the global market crash, the banks running out of cash and can’t provide enough liquidity for the costumer who wants to cash their money out just because of the Fractional Reserve banking.
I don’t think bitcoin is for some sort of geeky people who know how to deal with technology. It’s like, it is for the people who want to manipulate their money with their own way and I think there are lot of people out there who wants no interruption in the way how they keep money.
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Yes, there are other real world uses. In my city I can buy a beer with it. I can pay for the stuff from Amazon using Purse.io. And some Internet shops are accepting Bitcoin directly.
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Many people said bitcoin was in a bubble while its end-2017 crash. But Bitcoin crashed really not like other bubbles in history. When bubbles that have zero value and many investors hoping to sell before the value collapses pop, it always drops the value exactly back to zero. But with Bitcoin the pop, the value dropped only from $19k to to $7k. That's really just a deflation showing a considerable amount of market confidence in a future rise to previous investment prices.
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If china bans BTC mining operations two things will happen for sure.
There will be a shortage and price will go up
After closing mining farms, value will increase but so will the transaction Times, and bottleneck effect will be much worse than it is now. So we will get a coin that has terrible transaction times, but also with more value. I wonder what will happen in long term after this. Some say Russia is planning to take Chinas place as major mining country, even though they have Siberia (great place for mining Very cold and very cheap electricity) That's unlikely, because In past couple decades Russia has not made any significant technological advancement in any field.
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It won't die because people in government also want to have bitcoin and all regulations are directed on restrictions in this sphere for ordinary people
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Indian Government is also not sure about future of Cryptos in India. If we take this year’s budget statement of finance minister of India(Arun Jaitley) , he clearly said that “Cryptos are not legal tender in India and we will explore future of Blockchain Technology”.
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It is acceptable many places. You can trade it using the wallets over vast range of exchanges across the globe.
Hence, banning it in one country doesn't actually affect it.
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I'll keep it simple and quick. I'll add one more term: cryptocurrency. The difference is the same which is there between bank databases, money and dollar.
Bitcoin -> Dollar
Cryptocurrency -> Money
Blockchain -> Bank Database
You buy and sell using dollars. What it actually is to you is money. Each of your transaction is stored in a bank database.
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I think it already has. To me the greatest thing is Blockchain technology not Bitcoin. There is no doubt that Blockchain made the name for itself through Bitcoin only, but now it got enough popularity to have it’s own standing.
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As srilanka is becoming more aware of new developments in technology they have started to understand the concept and principles of this idea but I believe they are not used to the idea of bitcoin.
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