Jamie Dimon is just a man who loves some attention thrown into him and he did it by issuing controversial statements which the mainstream can immediately cover more so because Bitcoin is still new and they know that in covering the news anything novel can be get more views from the public's curiosity. However, after what happened in September the Bitcoin market and community is not anymore interested with anything he has to say or anybody from the financial sector attacking Bitcoin as they are just saying something in common like a choir in chorus.

The Philippines government is following the example set by Japan in terms of treating Bitcoin and the cryptocurrency industry in general. I am sure that the Philippines' Central Bank see something which countries like China and Russia seem to be afraid of. The Filipinos are known to be hospitable and loving people that's why they receive Bitcoin with all humility and many Filipinos already love Bitcoin all the way.

To be honest, only time can tell whether Bitcoin can go up or down as the hard fork becomes imminent. Now, based on the last fork it tend to go up as the time is nearing all because all the FUDS were already discounted and got rendered to be worthless by the market. I am not sure but maybe the same thing can happen. So if I were you since you got the money you better buy some Bitcoin before the fork so you can also be given BitcoinGold.

There will always be risks in anything we do and even the things we don't do so cryptocurrency is not exempted on that premise. Now, as to cryptocurrency, most of the victims are people who are still new to the game or those who did not spend time to learn more on how to protect their assets. There are many choices we can use to minimize those risks. As long as we are online, these risks can not be totally eliminated as even big companies who spent money millions on their firewall and security can still be victims of hacking. Sometimes we can be at the mercy of these hackers and scammers.

That is true. HitBTC can be the decent exchange to start with and then when the volume of trading is growing it would be easier to attract the nod of bigger exchanges and maybe ultimately OpenMoney can be able to convince Bittrex or Poloneix to pick up it up too. A successful ICO could lead to a successful entrance into the exchanges and with the support of a good community the token can be stable and resilient especially from possible dumping.

I have an account in both Medium and Steemit...do you have a minimum of followers required in both publishing sites? You actually made my appetite wet for writing something about OpenMoney...let's see if I really have what it takes to be a good writer/blogger.

Well, Filipinos are really good that is why you can find them anywhere in the world as they love to get abroad to find employment. As far as the industry of BPO is concerned, the Philippines is now following India and there is a potential that Philippines can soon take over the industry if not for the fact that those in India are really good in making software and programs.

Filipinos are excellent communicators as they can talk in good English (sometimes much better than an average American), they can write in good English too (definitely miles ahead than the rest of Asia) and these people are known to be very hospitable which many outsourcing employers love.

Now, they are talking advantage of the opportunity offered by the internet and cryptocurrency. With a government that is very supportive of their endeavors, soon we might be seeing new crypto-related programs coming from the Philippines.

Bitcoin is alive and well in the Philippines and hopefully in the rest of the countries comprising the ASEAN grouping.

In America, the government has had the history of accepting something if it will not really go away even spending so much effort and money. The one mentioned here is the alcohol ban but the latest for this is the recent legalization of marijuana even for entertainment purposes and not anymore limited to the medical side.

Heck, there are even many marijuana-related projects supporting and using the blockchain technology. Rather than spending money to put up a hopeless fight, the government decided to open the floodgate and make big tax revenues instead. This can a win-win situation for both those who insist to use the marijuana and the government who can be cash-strapped.

It would be the same with Bitcoin though in USA Bitcoin is not actually banned and people are given enough leeway to buy and sell Bitcoin. The big issue is with ICOs which can be considered as issuing securities based on the Howey Test.

I admire your intention of making Bitcoin really get popular especially with merchants so they would be accepting Bitcoin as one of the many mode of payments available in their shops. Yes, it is a good idea so the next time around you are in a cafe try to talk to the owner or manager and suggest that they take Bitcoin just like the many merchants who already did. And since a cafe can be a high traffic location, the exposure for Bitcoin is enhanced. Then sooner or later Bitcoin would really be going mainstream.

And when it is already mainstream, we would have people like Jamie Dimon who will issue so many warnings that Bitcoin is about to defraud people and is about to pop just like a balloon full of nothing but air. Countries all around the world that are not in love with Bitcoin would then issue advisory for their citizens not to get involved with the biggest scam of all time while many people are already smiling and even laughing because they are experiencing the great life brought on by Bitcoin.

What an idea! What a life!

And I fully agree. Mr. Jamie Dimon got the gallstones and hard face to call Bitcoin as a fraud when in fact he and his cohorts were the very reason why Bitcoin came into being in the first place. He is more of a fraud and a scam much bigger than Bitcoin. The only thing that separate Dimon and the prison wall is the government who bailed them in the height of the financial crisis in 2007-2008.

Now, I hope that Jamie would accept the challenge of Erik...Jamie vs. Erik am sure who will win.

Well, it is just a matter of choice. One country can see cryptocurrency as an opportunity to utilize for their own economic or financial interest while another county may view it as a big threat to their economy and the financial control they are traditionally utilizing. In other words, we all have differences and since the state has the sovereign power we could not do anything if a country would choose to ban the selling/buying of Bitcoin within their jurisdiction. Technically, though, they could not touch Bitcoin.

This is just the digital version actually of their national currency nothing more nothing less. And this can actually be a trend for many months to come until they would realize of the foolishness of such a decision. The big reason why we have cryptocurrency is to get away from the control and biases of the governments to do whatever they want to do at the expense of the people. When you have a cryptocurrency controlled by the government this can be a big joke and will end end as a mediocre attempt.

Will Putin hold an ICO for his new altcoin? That is not necessary since the government has the money. Instead they would just open it up for people who want to exchange their ruble to Cryptoruble.

Good luck, Putin!

We could not deny that all of us are actually motivated by profit and there are so many coins who are not worth a dime when it comes to what they are offering. This is actually the big challenge for OpenMoney to show what they got so that buyers of the tokens would be hodlers rather than dumpers. We have to show people the value inherent in OpenMoney and the possible good future awaiting for all of us here. This is the reason why building a solid and loyal community is very much imperative for any program to stay successful and not just a flash in the pan.

I like this idea but I doubt if nations would be adopting Bitcoin this way. There are so many factors that we have to consider first before replacing the reserve system and I don't think that countries will surrender their sovereignty to Bitcoin. However, Bitcoin as the best alternative currency can be possible. Now, this can take years before Bitcoin can reach the real mainstream and there are still so many humps and bumps that we have to experience first. I am a firm believer in the future of Bitcoin though.

Many people are now laughing at Jamie Dimon most especially when he could not really hold himself by breaking his promise not to talk about Bitcoin anymore. He is now the laughingstock even with people who belong to the very industry he is in but who disagree with his assessment on Bitcoin.

Yes, of course, any country using its sovereign power can regulate the buying, selling and all Bitcoin-related activities happening within the jurisdiction of that country. Technically, they can't do it against Bitcoin so authorities are doing it with activities pertaining to Bitcoin. As what happened in China, they banned Bitcoin exchanges.

We have to leave these people with their own way of thinking and give them the right to be backward. I am not saying that cryptocurrency especially Bitcoin is really perfect but it is already considered to be something revolutionary...and even those who hate Bitcoin actually love the blockchain technology. We are in a free marketplace and everybody has option to be a part of Bitcoin or not. As to predicting what can be, nobody can be sure of what can be so those predictions are just also speculations.

Bittrex is one of the top exchanges we have and it has a good reputation ever since...it would be sad if they would do something without full explanation of their moves. Customers deserve explanations at all times and they don't deserve to get shocked any time.

The team is considered to be the most critical component of any project...sometimes even more important than the concept because there are concepts which are not really great but with a good team success is still assured. With OpenMoney we have a god team as well as a very good concept.

I have not tried writing an article to be published in sites like Medium or Steemit...how many words should be the minimum and what about the quality of the work? Maybe I should expand my horizon (or most probably wings) in bounty promotion by creating materials good for publishing.