I am afraid this is not as easy as it might seem and as of today it is unmanageable. Bitcoin transactions would have to be completely universal and transaction fees wouldn't exist. Nevertheless, mining by the people who can afford computer would bring them some profits but we have to remember that electricity also costs so in order to kick you need to have some capital.

At the very beginning, I would warn him that bitcoin may be unstable and that it requires in-depth analysis to make profits. Furthermore, maybe you can show him some honest articles written in non-specialist language so he can fully understand them. It is important that he has some knowledge on this subject and then you can persuade him to invest or mine, not in reverse order.

Unluckily, it isn't in government's interest to consider Bitcoin as a global currency. Banks are often the property of the state so they would shoot itself in the foot recognizing it as a universal currency. Banks have many disadvantages and they are afraid of confrontation with new and innovative type of a currency. Nonetheless, it seems that in the end they will be forced to recognize Bitcoin because otherwise people may in the next few years completely abandon the use of bitcoins.

According to me, it's not how just Bitcoin changed the world, but how cryptocurrencies changed it. They are a real economic force and provide several facilities to carry out transactions that normal money cannot provide. Needless to say, transactions with money won't ever be anonymous but transactions using Bitcoin already are. We don't need any intermediary also to carry out them and we become an independent entity.

There are many ways to popularize Bitcoin and I try to do it by myself. I often share the most interesting forum topics that could convince people to Bitcoin. Furthermore, I recommend and lend books about Bitcoin. I do a lot and I encourage you to try too. Our community is increasing and it only depends on us how fast it will get bigger so what are we waiting for?

Generally speaking, people can infer many pieces of information about your life. They might know how much you earn and how much money you spend. Furthermore, they might know what do you buy and how often. There wouldn't be any activity with money you could do anonymously what can leads you to take leave of one's senses.

 It isn't so explicit, Bitcoin needs some regulations, we can't deny. Many minor fixes and improvements would positively affect Bitcoin and would change it for even better than it's now. Nevertheless, decentralisation is a favorable phenomenon and we shouldn't want to get rid of it. It is what makes bitcoin so reliable and enables us to conduct transactions on our own.

I think it's great news and I can not wait for more like that. Bitcoin is becoming a universal currency. People have seen the possibilities that Bitcoin carries. In many areas of life, bitcoin allows for convenient decision making almost immediately. Do you want to go on holiday? You pay by bitcoins for the hotel. Are you hungry ? you pay them for a pizza and so on and so forth. Isn't that fantastic ?

In fact, Bitcoin becomes a public currency and allows us to buy the stuff in many stores. Futhermore gaming platforms as steam are considering putting Bitcoin as a payment type. Shopping would be even more convenient nowadays and it could bring many positive effects for the economy.I am of the opinion that Bitcoin should become a form of payment in all stores.

As you said, you want to turn all money and it might be risky a bit. It is better to take part of your money to Bitcoin. You could earn with it also but you wouldn't have to take a risk. It is more safe to invest some part of the funds. I recommend you to exchange little money, at the begining and when you are certain that it is worth you will do it again.

It only seems like that but actually the society of Bitcoin has increased not really long ago. The very first people who invested in Bitcoin were called weird idiots. People with negative attitude to Bitcoin couldn't understand this modern idea which finally changed the business world.
 Therefore, many people weren't really curious about "fake" money (that's how they cold cryptocurrency).
All in all, many people regret their old mind about Bitcoin and they would change if it was possible.

There is no doubt that we take part in Bitcoin rush. Many people prefer to exchange their money to BTC.  It shouldn't surprise us because people who bought BTC several years ago now are really rich. 50cent sold one of his albums for BTC and earn incredible sum of money. Bitcoin hype is getting more and more widespread. It is the real Bitcoin rush.
 

Actually I think that Bitcoin could make banks dissapear in the near future because people care about time and comfort and Bitcoin offers it. Bitcoin allows people to send transfers right away. Furthermore, no intermediary is necessary to make the transactions. It makes them really fast. Many people innately like not being subject to anyone and doing things on their own, that's clear so in my humble opinion, Bitcoin can replace banks in the future.

Generally speaking, banks ought to fear. In my humble opinion, Bitcoin is an alternative for banks because with BTC you can become your own bank. You can send money directly and you totally independent of anybody. It is much more convenient than using services like e.g. banks.

Generally speaking, we can't exactly expect what time is the best to invest Bitcoin there are many dependencies that determine the current bitcoin exchange. Objectively speaking, it seems to be really good time for investor because the value of Bitcoin decrased out of blue. Many experts claim that it is a temporary phenomenom and the price will increase significantly. Bitcoin has accustomed us to sky-high increases. Only thing we can do is wait hopefully for the course of events.

In my opinion, now it is the best time since few months to buy Bitcoin. Maybe it isn't worth the least but it decreased very strong. Exchange of BTC is about 10K dollars and its highest value was about 17k.
The difference between those two prices is unbelievable so we can expect an increase of Bitcoin soon. It is obvious that if you want to gain, You will have to buy it when declines so what are you waiting for?

In fact, the reveal of inventor of Bitcoin known as Satoshi Nakamoto could be really dangerous. For instance, if we were affected by the drop of the Bitcoin, some would blame creator of this cryptocurrency even though he wouldn't have any guilt. Besides, many people could treat him like a clairvoyant and want to risk everything they have because someone like satoshi nakamoto himself couldn't be wrong. It would limit his privacy, many people would persuade him to unveil the secret of his genius. His life could become a terrible torment.

It is really difficult to send bitcoins to wrong wallet adress which exists because keys are extremely complicated so it's going to be a miracle. Nevertheless, it seems to me that using the money wrongly sent to us is unlawful and may threaten repercussions. By the way, Bitcoin is worth approximately 11 thousand dollars, so one hundred bitcoins is over one million dollars, it's unconscionable and I couldn't let anybody to lose such a huge sum of money. It would destroy his life.

Every single person increase his knowledge faster or slower and is interested in many different things so we cannot say that some age is the best to teach the young generation about the Bitcoin. First of all, one should teach kids about the general economy to let them understand some processes concerning money. Then we can try to explain how the cryptocurrencies work. It won't be that easy because many adult people don't understand it still. However, in my opinion if we start our explanation from scratch some kids will understand Bitcoin mechanics a bit.

In my humble opinion, if it isn't only for marketing and to increase the number of people eating at KFC, this idea will be good. It is about convenience of payment and users could pay the bill everywhere really easily. Doesn't it sound great and encouraging? It makes payment for meals even more modern.