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Lets not let this happen. Banks are still useful these days but they are becoming vulnerable because they are forgetting to enforce their security so they are not that secure. Bank accounts today are still opened because it is still one of the good ways to keep money. You can also invest in trusted banks if you want your idle money to earn.
If banks is seeing bitcoin as a threat then they will be overthrown because the price of bitcoin is still rising and it is gaining more power as the prices rises significantly.
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If you want a example, an example is when you are paying in a restaurant. Some restaurant bills have cents in their receipts. You have to pay more if you are paying in dollars but when you are using bitcoin, you can pay for the exact amount in bitcoin and that would be very useful. The difference of bitcoin and dollar is bitcoin is more secure because you are not carrying any bitcoin in the daily, so you cannot be robbed of bitcoin but if you are carrying cash there is still a risk of being robbed.
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Investing in bitcoin when you have the chance is always the right time. Yes, you could also wait for a few days but you are only wasting time because the price of bitcoin is still significantly rising and if you invested early you could earn a high profit. Investing in something that is growing will be profitable. So yes, you should invest now and wait for the benefits to come.
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Converting your cash into cryptocurrency is one of the good ways to save it or keep it safely. I have never seen a report that bitcoin is hacked, but you can be hacked if you are careless. You can also keep it in banks, but be sure that the bank you will leave your money to will be trusted and not near bankruptcy. You have to keep in mind that banks are vulnerable to hackers so you have to go to a trusted bank. Another safe way is keeping it at a safe place at home. You can place it in piggy banks and you must have discipline not to use it unless needed.
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This is one of the greatest investment for the future. Investing or saving bitcoins for your children will be profitable. They can use it in their tuition fees when they are in college. The price of bitcoin today is already high and if the price continue to fluctuate, the price of bitcoin will still go higher because the cryptocurrency economy will still prosper in the future. Your children must proper budget the money so it will not go to waste and you can also teach your children when they are in the right age to use bitcoin.
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Yes, the bitcoin talk profile suggest's that you post your address publicly because it is a sign that you already owning a bitcoin wallet. This is also a sign that you are trusting the forum and its security. I have not yet heard a report about bitcoin being hacked because the security developers of bitcoin are very efficient. If you also publicly post your bitcoin address, that will be easy for those who are sending payments to your profile very fast. You must never post your private keys and passwords because from there, they can hack your account and they can get your accounts and they can steal your identity.
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They only hate what they do not know. They might hate bitcoin because they are not knowledgeable on how to use bitcoin. They might think that bitcoin is a form of networking, a form of gambling and a form of scam. But bitcoin is far from those type of income generators. They must first educate themselves before they hate something that is very helpful for some in need.
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Children's are too young to understand how bitcoin works. You must teach them the basic's of using cash in the real world and what is the value of cash and how to use cash properly. Teach them not to spend lavishly because cash is really hard to earn.
Teenagers are already knowledgeable on how to use cash so you can teach them on how to use bitcoin. They can easily learn bitcoin if they can access the internet and teach them the basics of using bitcoin. Teenagers can also expand their knowledge because instead of playing online games. They are learning something new.
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Paying tuition fees with bitcoin will be really useful, you can skip long lines and you can also pay your tuition when you have access through the internet. Bitcoin being acknowledge in unversities is a big thing because they are spreading that bitcoin can be a mode of transaction for large payments and they can spread that bitcoin can be used for other payments too.
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Your current list is a good one and yes you can book flights at airports and the payment will be bitcoin but this can only happen if the airport is knowledgeable about bitcoin which is rarely seen. You can also convert bitcoin into cash and pay for the bills for utility. You can also use the cash to buy food and pay tuition fees at school. You can also treat yourself because you worked hard so that you can earn bitcoin. You can also invest bitcoin for future use.
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They might see the usage of bitcoin as a threat or they might see that bitcoin is a threat. They are scared of what they do not know of. Most countries are not knowledgeable about bitcoin and this is why they are banning it. They do not know that learning about bitcoin will be very useful for those who are only staying at home and can generate another income.
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There are many ways to mine a bitcoin, but before mining, you have to consider a lot of things. First is how long do you want to mine for a single day, second is, will mining be efficient to pay electric bills that you are using for mining. You must also have a proper mining rig, which can take the heat of being opened at a long time.
Mining bitcoin is easy, you can use Coinpot to mine some bitcoins and other alt coins. You can also use Faucets to receive bulk satoshis at a given time.
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First skills training and career oriented airdrop i have seen for the first time. Hope for your good future. Goodluck.
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We have many ways to earn bitcoin. This is one of the advantages of using bitcoin is that it is very flexible and the variety of ways to earn it is many. If you want to earn bitcoin, you can always mine it but mining bitcoin will take a lot of time and mining it to earn your first bitcoin would take years. One easy way is to join campaigns. You can always join signature campaigns that offer bitcoin as a payment. You can also join social media campaigns in which you will receive the payment in a form of a token and with these token you can convert it into bitcoin. Offering services is also a good idea to earn bitcoin because you can use your talents and get paid for what you did.
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Bitcoin is another source of allowance for me as a student. Being a student is a tough part in life. You have to pay for tuition fees, you have to pay for extra curricular activities and daily food for every school day. I can also use bitcoin to treat my friends and family, i also lessened being a burden to my family because there are lots of payment in the school and they cannot afford it sometimes. Bitcoin is really helpful, so we must spread the knowledge about it and how to use it properly.
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What kind of coin are you referring to? There are many ways to generate a coin. One of the slowest and fruitful way of generating a coin is mining one. There are websites that let you mine a certain coin and you can keep as many as you want. Mining bitcoin is very hard and you could take months before earning your first bitcoin.
Alt coins are very easy to mine because some of the values of altcoin are still low. Faucets sometimes have high payouts but you have to log in every day so you can get the daily bonus. You can also join campaigns to earn altcoins but this will take a lot of time so you have to be patient if you really want to generate some alt coins.
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Yes there are many comparison between cash and bitcoin. And i do not support that cash is better than bitcoin. Yes, it may have some advantages but maybe they are just on the same level. Cash is very easy to lose because you always use it in transactions and sometimes the things you buy are overprice. Yes, bitcoin may have some disadvantages when it comes to using it in transactions because it always have some fee's but one advantage of using bitcoin is that, it is hack-proof and easy to use.
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There is no risk in converting money into bitcoin. But there are many factors to be kept in mind. Everytime you are converting money into bitcoin, there is already a deduction for the conversion of money. The price of bitcoin is also still fluctuating so there is a chance that your bitcoin will be very low but will also get profit of the price of bitcoin goes higher. The only risk is that if you gamble bitcoin, there is a risk that you can lose it all.
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There are many altcoins that can be mined. Buying altcoins is a good idea if the altcoin you are buying will become successful in the future. Sample of a successful Altcoin is Ethereum. The value of ethereum is still rising and the fluctuation of the price is a sign that it is still alive. The value of ethereum will go high and like other altcoins. One good altcoin is ACC, i already sold them though and gained $15. Buying and selling altcoins is a hard task because there are times that the buyers offer high price for that token.
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