Bitcoin can't help the poor countries in any way because it is not the magic lantern of Aladin. If the country is tech savy even after being poor then the people can help themselves by earning some bitcoin for themselves. Nothing else will help.

Government of the poor countries doesn't have the infrastructure to adopt bitcoin as a currency, neither they have willingness.

First thing you can give that 3 BTC to me and I will have some good time. Jokes apart!

The best thing to get a good amount of money back is trading and it is also the most recommended way to increase your holdings. Any other way will just won't work. Specially avoid gambling and ponzi sites as you may end up loosing all.

You may get some emails offering trading service where tey will ask you to deposit your money to them and they will refund you an unrealistic amount of money. Avoid those traps and trade on your own.

The two options you have given here, are dependent on each other. Mass adoption is required to increase the price of bitcoin. On the other hand, if the price is increased to a very high level, people will start adopting bitcoin for investment and increase the market penetration.

So, both the things will be required for better future of bitcoin. Price increase is the ultimate goal for some and to happen that in real, mass adoption is required.

That is a very tough thing to do unless you have some special qualities. If you know how to code, then you may try for it. There are lots of websites to provide jobs to freelancers. You can bid for a project and earn bitcoin through that.

Also if you are a seasoned trader, then also you can make some good amount of profits which will help you to earn your living expenses. Otherwise, it is not a viable plan. Instead get a day job.

People use bitcoin because they believe in the power of bitcoin. They believe that bitcoin has the power to change their lives. They believe that bitcoin price will go up so high, that they can use bitcoin to make few of their dreams come true.

We agree that bitcoin has the transaction fees, TAT for transaction is also slow, but the potential for the price to go up is huge. So people is taking it as an alternative investment route which may make them rich in near future.

If you are the government then surely you can mint whatever you want, but if you are an individual like me, then no, you can't.

In small scale definitely you can and sell that physical bitcoin to anyone as a memento, but it is impossible on large scale. All the enforcement agencies will be behind your ass.

I use bitcoin purely as an investment and not as a currency. I mean I will not buy my daily supply using bitcoin.

Bitcoin has the potential to go up to any level in future and that's why I want to earn more bitcoin and save it so that I can make few of my dreams come true. If you are using bitcoin to buy daily supply and mobile recharge then you are simply wasting a lifetime opportunity to become rich.

I also want that to happen but I think it is not possible anytime soon or even after 10 years. For bitcoin price to become 50k USD, the markep cap needs to be few trillions and I don't see that much investment is coming in.

So if you expect 2k or 3k, that is still possible but 50k looks like a distant dream.

That will never ever happen. Bitcoin doesn't have the power to replace fiat currency system in any way.

Bitcoin can provide alternative investment / earning route which anyone is free to explore, but it can't replace fiat currency. Not at least in next 100 years.

The concept of bitcoin itself doesn't support that as it is decentralized and not regulated by anyone.

Certainly yes, but only if you are ready to invest for longer term like 5-7 years at least. If you are looking for quick return, then I will recommend you no to invest in bitcoin. Bitcoin will not give you any immediate profit.

1000 pound is a lot of money to invest. So choose wisely and make sure that you don't have to sell your bitcoins if the need of money arises.

The only recommendation will be trading and nothing else. Even though trading involves risk but one can make a good amount of money without the fear of being scammed.

Every other ways of investment involves a lot of risk, significantly higher than trading. You must avoid gambling and ponzis every time.

Bitcoin mining is not profitable now if you have to buy electricity in market rate. But if you can manage a solar panel to power up your mining rig, then you will see some profits. Also the difficulty level is so high, that you may not get any coins.

SO try ETHEREUM as of now and it can give you a good profit at current difficulty. But the best coin to mine at low power is Monero. Go for it.

That's a good idea but you will have to check for the local laws if bitcoin is banned or accepted in that particular country or province. Otherwise, you and your customers will be in big trouble. Police will cease your holding and will receive the record of your clients. Then that record will be used to chase down your clients.

If there is any country where bitcoin is legal, you can try your luck.

Surely you can manipulate the price of bitcoin but only if you have a million dollar to trade in the free market.

Without a million dollar it is impossible to manipulate the price of bitcoin. It is easier to manipulate the price of a small altcoin which has just started.

If ever bitcoin stops being traded for fiat, it will loose its value for sure. Bitcoin will only be viable only if we can exchange it in to a fiat currency and spend that money in to our economy.

If it stops, no other store will accept bitcoin as a payment processor because, they will not be able to use this amount to procure goods and services. Hence it will loose its entire value.

Most of the governments will never allow bitcoin to be legal in their country. Because Government wants to control the power of people. So they will not allow free distribution of money to their people. Instead they will try to capture the source of it and enjoy it's benefits.

However, due to the technological complexities, most of the government is not bothered by bitcoin. That's a good thing.

Bitcoin is indeed an international currency. It has almost every characteristics what an international currency should have. Only thing is that, it is not regulated by anyone.

Due to this reason only, the penetration of bitcoin is not like fiat. Also the technology is not understandable by everyone. Only the tech savy people can understand it.

The most safest bitcoin wallet is hardware wallet and not any online wallet. SO coinbase and blockchain shares the same risk. However, both these online wallets are time tested and trusted by millions.

So if you are not holding your entire bitcoin savings in these wallets, it is good. Put the majority of your bitcoins in hardware wallet only. However, put  a fraction in these online wallets.

There are hell lot of way, you can do with your bitcoin. p2p loans, gambling, trading and ponzi. However, Gambling and ponzi are not advisable due to the high amount of risk involved with it.

But trading is the best thing you can do with your bitcoin. It also involves a certain amount of risk but again it is worth the risk. You can make some serious money with trading.

I am thinking long term. At least 5-7 years.. That is the reason why I am holding all my bitcoin and continued earning more and more. The only thing is that, I started from zero and I have never invested any fiat in to bitcoin.

What ever bitcoin I have now is completely earned online and hence I have invested only my time and not money that I earn from salary.