there have been already billionaires who invested in BTC, mostly hedge fund managers

there are over eight decimals to the BTC 0.00000000

which means you can even send values less than a cent, the fact that there are 21 million BTC's is irrelevant

the pound hasn't lost much of its value, so you should be good

the UK is still one of the strongest economies in the world, so don't worry

there are already other alternatives out there, like "baskets of currencies", they work like derivatives

their value derives therefore from the underlying asset, which could be fiat money for example which is already stable

banks are unlikely to go "down"

you might have heard the expression "too big to fail", it basically means that the government will do everything necessary (even paying taxpayers money) to prevent a bank from going down

because if it does, the consequences (financial one's) will be enormous and their political career over. These two things go hand in hand

check out salt.lending

they had a crowdsale couple of weeks ago and they are setting up BTC to FIAT loans right now

just use various sources, don't always read from the same publisher

if you want to verify information, just google the headline, and search for related articles under the "news" section

it obviously sucks.. more for some than others

but it affects us all unfortunately, the US bubble spread throughout the world even if it was "American related"

we are so interconnected that something small can have a huge impact

you should always try to diversify and "hedge"

hendging is when you are buying something which "reverses" your initial investment (to some extent)

for example, when shares are high (stocks etc.) gold tends to decrease in value, and vice versa

so, if you have a lot of shares, buy some gold as this will minimize your loss in a downtrend

there are some nice providers out there, leader is currently TenX, check em out

other debit card providers are Monaco and TokenCard

The fees are a bit high, even if they promise 0% exchange fees, you still pay about 2% for each purchase for transaction fees.. when these will decrease I might join

it's up to the younger generation to make it mainstream, the older generation can and will never understand it's value

throughout the years, the old generation will be replaced by the new one, and their ideas/perceptions will massively change

not a chance.. Bitcoin is unlikely to ever be used by everyone, but if let's say 1% of all people will use it, that would still be huge

one percent would be 80,000,000 ml people, which is the population of big country, that'd be a big achievement

if any of the crypto's out there is not a bubble, then it's ETH

ETH actually has an entire ecosystem from different smaller economies (projects) and the highest adoption for dapps

all these projects have huge ETH amounts in their reserve and are well divided amonst them, which makes it overall less centralized and more secure

there are several funds that offer a quarterly dividend (they distribute every four months a portion of their profit)

the first I know of is taas.fund

check them out, they're cool. They've already successfully distributed first quarter profits about a month ago

yeah, going to the moon means an crypto asset "exploding" in value

like a 300% increase per day in not uncommon in crypto markets

there is no "magic number" as you've mentioned. If there was people would just buy up to that number and sell everything shortly after

that's the beauty of this technology, the potential is only limited to the people adopting it and theoretically everyone could be using BTC

Will that be the future, no - is it nice to think of? It sure is

as long as you have the private key.. you sure can still use it

BTC doesn't have an expiration date, if you have access to a wallet that contains BTC in 2009, it's the same thing as having access to a wallet in 2017

bitcoin had many crashes and always recovered.. it's not unusual that it will lose half of its value in one day

in 2013 Bitcoin went from 300 to about 60, that's like 70%

that didn't stop people from buying/developing further so it's unlikely (but sure possible) that something like that will happen in the future

Bitcoin specifically will hardly ever replace FIAT

maybe FIAT will be converted to digital tokens/coins/assets and be distributed according to each person's holdings

many are using Bitcoin for this exact reason, it's difficult to tax

Until now only about 800 BTC holders/year report their BTC earnings. Even if the government wants to tax it, they can't - at least not at this time

that's why the want to regulate the entire thing, once it's regulated things will be easier for the government