I think we could all agree that we have one thing that is common when it comes to error, when we first heard of bitcoin we didn't bought it at once, instead we wanted to study it further rather than believing on it.  And also, if we could all go back in time, wherein the fist bitcoins were introduced,and have the knowledge we have now back then, we would all be millionaires at this point of time. I think we all have the right timing in buying bitcoin, maybe back then we were not ready yet, but there's still hope for all of us, bitcoin is still here and so are we, wa can still make the best out of anything, if we put our minds to it.

When bitcoin was created, i believe that asian countries are already eyeing on bitcoins since it is a new technology. It is known that it has been too long that we use fiat, and it is a facr that most fiat with a higher value or a strong buying power belongs to the west, though some asian countries are considered on the first world countries, still the value of their money is lower than other asian countries, just take a look at japan and south korea, their fiat money is lower than  a lot of asian countries, i think that's one of the reason they were among the first countries to accept vitcoin and make it legal in their country. Weshould also consider the fact that theirr technology is advance, and bitcoin having block chain technology, will surely intrigue them, and not only that it also has a value, since they are among the leading technological countries, they easily foresee the future of bitcoin and its what would become benefits. Bitcoin is also being used by their neighboring countries, though it is not in their local news, bitcoin is widely accepted in asia, except for those countries who had banned bitcoin.

I think banks shouldn't start a war against bitcoin, since both can go hand in hand if they want to, but the bank's fiat money will be in danger if they they want war with bitcoin, for example a cup of joe is priced at 3 dollars and it is equivalent to 0.00000001 btc, if banks went war with bitcoin that cup of joe, will have the same price of bitcoin  in the US, russia, china and all parts of the world, however if you trade in that 3 dollars to philippine peso, it would cost 150php, now lets get rid of the banks, all cup of joes will only cost a fraction of bitcoin, all over the world, no need to exchange your money to foreign currencies, everything will have the same price, there would be equality among nations, because of a one world currency, the banks will become obsolete, since there is no innovation to fiat, and is no longer backed up by gold or any other commodity, bitcoin however is digital currency that all nations can have or access, if not banned by their law. I also think that banks will war against bitcoin, simply because the value of fiat money is loosing to bitcoin, in time they may need to acquire bitcoins in order to save their business.

This is great new for everyone who knows cryptocurrencies and have it, we all know mark cubam is a businessman, he doesn't want to lose his money without a fight and most of the tome he wins. Though cryptocurrency is already a roung for many years, i think he already has a huge amount of bitcoin in pocket, he's just modest not to say it, since no one would participate in using cryptocurrencies, without knowing bitcoin since it is the dominant cryptocurrency today, and also if his new venture would become succesful he does need to exchange his cryptocurrency to bitcoin  in oder to change it to fiat. Well, since that.we have now a new player in the world of cryptocurrrency i think more and more businesen will soon follow, though they an create the own cryptocurrency, they still need bitcoin to exchange it, in other words, bitcoin still wins, since bitcoin is the standard and will still be dominant.

I also think that banks  do fear cryptocurrencies, but they are not showing it , simply because it is still not a threat to them, people will still buy their products, specifically those that are meant for investing, this is somehow their edge to attract people to them than bitcoin. But the i can see what they fear most is when the masses stop using fiat  and adapt bitcoin as their source of currency or or when people ignore the banks and put their trust more in bitcoin since it is much more safe and secure than banks. The one thing I also see is when the masses asks for what their fiat is worth for, and when they ask the real value of their money, how come a dollar has a different value from yen, from yuan, from rupees and other currencies, well when it comes to bitcoin 1 bitcoin  is 1 bitcoin. I think what they really fear is that, bitcoin can be seen as a global currency, and banks cannot control it, and it will ruin their business.

I hope bitcoin will not end up like yahoo, as far as i can remember, yahoo was the search engine before, even though are a lot of competitions, but then as if people were looking for something else, yahoo, since it was already at the top, did not delivered what the people want, it remained as a search engine and an e-mail address, though there were some games, those games are considered lame, however new competition arises, though it also started as a search engine like yahoo, it brought innovations better features making it not only a dominant search engine but they made further innovations and not just focused on searching, that company is google. Now comparing bitcoin to yahoo, i see that bitcoin is far away from yahoo, bitcoin has a different set of game, bitcoin along with other cryptocurrencies has shaken up the digital and financial world, what i can see is that people will make further innovations for their bitcoin, i think there will be a time wherein all of us have microchips implanted or carried, and we just need to scan those chips in order to do transactions and also, making out bitcoins much secure, i think that could be a possibility in the future, but who knows what the future holds, what we do know for certain is bitcoin had already established itself as a dominant cryptocurrency for years.

we no knowledge how much fiat currency has been exchanged for bitcoin, since bitcoin has been here for years now, and there are a lot of transaction that had been made already, I think we could try to calculate it but, we will never arrive at the real answer, considering that the start of bitcoin was below $1 per bitcoin, and now it has grew to $4000 per bitcoin, some people have been given the chance to have bitcoin, before the price can even reach $100 per bitcoin, and we could not also ignore the fact that other countries have been exchanging their currency to bitcoin. I think if there was somehow a tracker for all the transaction made of changing fiat to bitcoin, we could see the answer, but right ow, we could only just estimate, I also tried to search the web for this answer, however, I failed to do so, some articles are date way back 2016 others 2010, but what I can assure is that more than $1000000 of fiat had already been exchanged to bitcoin, and the amount is still going up, considering the fact people are buying bitcoin, knowing that the price will still go up

this is a possibility in the future, we all know that even though bitcoin's value is volatile if you look at the trend, the graph is showing you a positive outcome, through the years, more and more millionaires will come out, because of bitcoin, not only that, I also believe, even billionaires will come out. I also think that it will really exceed $1 million, since there is not enough bitcoin for everyone, and bitcoin is now becoming a valuable asset, people will try to get there hand on bitcoin just like before. I think that like before there was a gold rush, and people wanted to be rich in an instant back then, however bitcoin is gold 2.0, and bitcoin, will not give you a high value at first, but in the long term, bitcoin can give you a fortune, like now, people who have a lot bitcoin, those have had invested on bitcoin, before it has reached the 1k mark, are now benefiting from bitcoin, since it grew more than 3000% from its start. I also think that bitcoin, will surpass all other cryptocurrencies that may come out, knowing that bitcoin will be more dominant in the coming years, we need to take care of our wallets and need to gain more bitcoins.

in my country we have an app, that uses your mobile number in order to register, that app also gives you an online bitcoin wallet, though it is not really connected with your mobile number, you cannot access the app without it, I think the technology for your wallet and your mobile number is not that impossible, however I still do own a desktop wallet, and I keep my bitcoins safe in that wallet, I only use my online wallet, whenever I am travelling, since the app also converts fiat to bitcoin, once you have replenished the money wallet, you can easily convert it to bitcoin, whenever you see the price goes down, for you to have a bargain. I think when the time comes that bitcoin wallets are connected to your mobile number, the pros will be, you can easily get notified during transactions, it will just be like the banks notification from time to time, whenever a transaction is happening, the cons will be, once they have stolen your phone they might get an access to your bitcoins or in any case if you try to change your number, there is a tendency that you hard earned bitcoins might be lost, since it is connected with the number and a new security will be made, just to make sure your number is safe, however i believe telephone companies will not allow that, they might be in trouble for system hack or an inside job, since we are talking about bitcoins here, you can never tell if people would want to get their hands on your bitcoin, since they can have an access through you mobile. I believe that technology is not far from happening, but I hope many will not rely on their mobile number to be the security for their bitcoins, we do have wallets and only you should have access to it, just don't throw away your key and make sure it is not known by others for your bitcoins not to be stolen.

well  not everyone knows about bitcoin, even those who have bitcoin, doesn't get the technology of block chain, which is behind bitcoin. I guess it is safe to say that almost everyone, heard of bitcoin, but doesn't know what it is. In my country, if you ask someone regarding bitcoin, they will say it is a scam, without them even knowing what bitcoin is or researching about bitcoin. There are even some so called "gurus" here in my country saying that once you give them money for bitcoin they can double it for you, and I guess that's why there are people saying that bitcoin is a scam, considering that you must first have a wallet in order to save your bitcoin and you must be the only one to have an access or a key to your bitcoin in order for you to have security with you wallet. There are even some people saying that bitcoin is only used for criminal activities, not knowing that the silk road from the deepweb had already been stopped. I think everybody will know bitcoin, if we all go back to school and Satoshi Nakamoto will be the one that is going to explain it to us, and why bitcoin was developed, in order for us to understand further what bitcoin is all about. Right now, we can search the web for knowledge of bitcoins, and how to earn from bitcoins and use it in our daily lives. I think people need to stud further what bitcoin is, and not just listen to hearsay since bitcoin, for most people will be a boring topic once they've encountered a technical term, that they don't understand, and right now, most of our discussions about bitcoin focus on the next fork, which our colleagues in the company doesn't know of, except for the fork that we use for eating.

Only a handful of people in my company knows about bitcoin and all of us are investors in the local stock market, our opinion with bitcoin is, it is a great investment time is just waiting for the price of bitcoin to go up, then there's also a few people outside our company their opinion is the same, they know they have made the right investment, however most of the people's opinipn here about bitcoin is that it is a scam, and where would they find an investment that gives them a huge capital gain in due time. I, sometimes get tired of people telling me that bitcoin is a scam, i just answer them back, working 8 hours 5 days a week, doing routinary activities, is more likely a scam too, be cause what you do do everyday , the same time, the same thing, the same result will alqays come out. If they realize what i just told them and what i meant i just simply stop the discussion. I always keep in mind we are entitle to our opinions, but remember opinions should have been based on facts, in order to support it.

In my country, we have heard of stories of bitcoin owners, who already have bitcoins years ago, they had quit their job and started businesses in order to gain more bitcoins and now they are all multimillionaires, therr is also a friend of a friend that took out all his money from the stock market and within a year of investing in bitcoin,is also considered a multimillionaire. I was once a financial ad isor for an insuran e company, what we tell our clients is to invest more in retirement while you are at a young age so in time, your money would have grown when you retire. But financial experts beg to differ, they would advise you to build your own retirement plan, that is to make your income grow more even if you quit your job, most of them go to businesses in order to still earn income after they quit their job, some, those with a lot of money go to the stock market and just get their dividends every month, but what i see in bitcoin is if you already have enough, you can quit yuour job and still be worry free, since the value hasn't reached its peak yet, but is producing multimillionaires, this is a good investment. You can retire anytime you want, once you feel like you have more for yourself, and i think for most people who have a job and not a carreer or passion, the ultimate goal is for us to quit our job and retire as early as possible, and with bitcoin we can do that. I think for us to quit our job, we just need our way out, and this is it, we are all working hard and smart, but investing with bitcoin to quit it, it is working smarter.

Hopefully all countries would have accepted bitcoin as currency in the coming years.botcoin is not a bad thing, it will help the poor the get back on their feet, since the value of bitcoin will still be risinv. We should look at the countries that already accepted bitcoin, they are all advanced when it comes to technology and they know what tomorrow's technology will be since they have the companies that are market leaders, they wouldn't want those companies to go bankrupt, since they contribute largely on their economy, and now bitcoin being accepted as payment will only boost that company and in turn, provide more work and their economy will grow further, this is a simple apttern of economics, wherein if you accept bitcoins, the end result ia economical growth. People should study further when it xomes to bitcoins, especially those who are new to it and mostly those who haven't even heard of bitcoin, in order for them to understand and accept what is bitcoin or, and what bitcoin can do for them in the future.

What i thinl is some countries are not yet developed when it comes to technology, they might have have worling computers but lack education on how to optimize their system. Other develop countries fear that bitcoin might take ober their fiat system, and in turn their corrupt governments will have no more tax to collect. If only they can see what russia and china saw that bitcpin will be the next world currency other countries will follow, since in the future the more digital currency you have the more powerful your country will be. Governments should just let their fiat money and bitcoin go hand in hand since it is a possibility if you look at sokor and japan, they are using bitcoin and other cryptocurrencies on their daily lives.

Buying bitcoin is still one of the best strategy today, even if you can only buy a fraction of bitcoin, once pooled together in time you can have 1 bitcoin in your wallet. Some people are afraid to bo buy this time since it is already considered to be expensive, but if you bought it last year, it is already expensive, and it gained a higher value, in less than 1 year. Experts say.that bitcoin's price will further rise up to 500k USD, and buying it now, even for a fraction is a bargain,  considering the fact that bitcoin always go beyond what is expected. People should first learn to understand the economcs behind bitcoin, in time, i think they will also engage in buying bitcoin, knowing that in   the fuure bitcoin will give you a great fortune and as of now, people who had hol d on to their bitcoins from the very start are considered milliomaires today if they intend to exchange their  bitcoin to fiat.

I can see that in the future, people will be using different cryptocurrencies for different transactions, and that time, bitcoin's price is so high, that people will   only use bitcoin for services that are are very pricey, and will treasure bitcoin as a valuable asset. With the price of bitcoin now going up and as well a in the near future, bitcoin will be considered considered a very valuable asset, I think bitcoin will determine your financial class, since bitcoin's price is already at is peak by then, and had surpassed all currencies in world. Bitcoin will definitely be a digital gold, like gold today, you can't see gold being used anymore for transactions, especially when the dollar was taken off the gold standard and became fiat. Bitcoin however will be far from fiat, as long as people will acknowledge the value of bitcoin. We might see bitcoin in the near future being used by governments already for transactions, since right now, powerful governments are already mining bitcoins, knowing that the price of bitcoin will rise and the more bitcoins that they have, the more powerful their country will become. I think that the future of bitcoin is very bright for us holders, since we are investing only for a small amount right now, for a would be possible a fortune tomorrow.

bitcoin wallets are safe, even bitcoin wallets that are online. they have a great security, you have 2FAs that really make sure you are the only one that knows your wallet key. Hardware wallets, like ledgers and Trezor, for me are the most secured wallet  there is since you can carry it around, and again it needs a key for you to access it, before you can even make any transactions. paper wallet is also secured, you just need to keep it safe, since it is on paper, others laminate it since it contains codes wherein you can scan it to check your balance, also it has your address so you can check it online if ever you wanted to make a new transactions. I also read post in this forum that his bitcoin has been stolen from him, however in that scenario greed over that person has took place, he had given all the details on how they can access his wallet, in the end, they took his bitcoins from him, the lesson we can get from there is, no matter how secured your wallet is, do not give away your key so others will not have a way  to access it. so bitcoin being wallet being hacked is far from reality, but bitcoin wallet being stolen is close, if you have given away your key. your wallet is already secured, why give someone else the freedom to access, what you worked hard for.

I would give bitcoin as a gift if the one getting married is one of my kids, it would help them a lot in starting a family and will also give them sense of financial security, knowing they have bitcoin in their house. The next question i think is how many, for me when that time comes, i am certain that its value is already high or has reached its peak, i would just give .5btc, simce he needs to earn the other half, i know he can do it since he my kid. Giving bitcoin as a give to others or someone, as of now, if they don't realize what the future will behold for bitcoin, they will never appreciate i t, but if you give it someone who undwrstans what bitcoin is, will thank you for life, since what you are giving to them will become their fortune in the future. I think we also need to consider to whom we are giving away our bitcoins to.

Before bitcoin is just considered as digital currency, mostly used for transactions, even up to now, however bitcoin still posses a value, before only equivalent to cents, and now up to 4k USD. Bitcoin became an asset because people saw bitcoin as digital gold, becuase it has an equivalent to foreign exchanges which is now higher than gold, however bitcoin is still volatile and haven't reached yet its peak. Right now, if you have a number of bitcoin you can consider it asa valuable asset than currency, i think that is the reason that koreans rather used bcc for their daily transactions, and keep on holding bitcoin for future purposes, this is a good strategy, however i think people nowadays are beginning to forget why was bitcoin created, it still can be used for transactions, as it was originally made to be an alternative or a replacement for fiat.

people prefer bitcoin over fiat, one reason being that bitcoin is decentralized, there is no national bank that is dictating the price of goods you can purchase when using bitcoin, also everyone can have bitcoin, as long as you have a secured wallet you can make transactions online with anonymity,  unlike with banks, people can view your transactions, if they asked the bank or of they can have in to the banks system. Fiat is also good, however since that fiat is no longer backed up by gold, having fiat money seems to be worthless, you can say you have a million of your country's currency in your hand, if you go to a place where in the exchange rate for your money has a lower value, you will not be happy owning that million, take Zimbabwe's currency for example, if you have a 100 trillion note it can only be exchange to 40 US cents, and that is due to overprinting of their money, not being backed up by gold, or any other commodity, unlike Saudi's currency, i believe it is still back up by their oil up until today, bitcoin however is backed up by digital information, like block chains, which in turn, has been used for transactions during its first years that has value of not higher than a 1 USD, and now bitcoin's price has moved upward, giving the holders a much higher capital gain, than fiat. I believe the value of bitcoin also contributes, to why people prefer bitcoin over fiat.