One of the things that is very difficult to say for sure is the future price, and the answer that will be given will still be ambiguous. if people know for sure that bitcoin price will reach $50k, then i think people will panic to buy bitcoin immediately.
However, we are all optimistic about the high price of bitcoin in the future. there's been some speculation about it, particularly the halving. however, that does not mean it is a sure thing. people can explain their speculation in full, but it is not necessarily accurate. we must be optimistic that the price of bitcoin will be very high in the future. after that, you need to make your decision to invest in bitcoin or not because you will bear all the risks yourself.

all of these questions are possible if we sell the bitcoins that we have. however, if we were to question the matter, then bitcoin would have to be converted to Fiat first. the same question as "Can you pay your medical bills with gold ?" then in general the answer is yes, if the gold is converted into fiat.
However, it is very difficult to compare banks with bitcoins because basically the systems are different, if banks have a centralized system, then bitcoin has a decentralized system. if you compare banks with bitcoin, then the difference is very clear.

it is a very good explanation for your friends who want to buy bitcoins from loans. however, too many people take this path without thinking about the risks. when the results do not match their expectations, frustration and stress will occur. they sell their goods, and blame this investment.
However, it is highly discouraged to borrow then buy bitcoins. even though the goal is investment, it is not recommended because there is a monthly fee that he has to pay. if his salary is not able to cover the monthly payments, then it will be frustrating.

Yes you're right. The OP actually did a pretty good job of justifying their statement and giving them an education. it's quite funny when a place goes bankrupt or is a scam, then highlights its payment alternative as the source of the scam. however, they need to learn more to provide accurate information to the public because it could negatively affect their own shows. I think a lot of people would realize that if they understood crypto, and they would embarrass themselves.

I think, if you only teach them the basic knowledge, regarding explanations, and some points in it, it won't be a problem. it would be better if they know about trading and the risks from us. However, I think, they are still not ready to trade for real. it might be better to teach them at 16-17 years old. it can be an introduction for them before they actually try to start their own trade. is it legal? well, if it's just teaching about I think that it's a legal thing. we know that many subjects that are "mature enough" are taught in school.

Too many reasons for this. I know that they too have been trying to change their lives, and trying to have a lot of money. Among them, quite a few have succeeded, and many have failed. However, some of the circumstances that might make them still in that position are environmental factors, limited circumstances, doing the wrong way, lack of knowledge, laziness, and actually there are many more reasons that can be mentioned. However, this might be overcome or at least improve their economic status a little by studying, doing business, and continuing to try to do new things.

that's a good move. you only need to invest little by little using the money you can afford to lose, and it doesn't disrupt your economy. no need to force to invest a lot, but little by little but consistently. the advice i can give, don't look at the development of the bitcoin price in the near future when you plan to invest in the long term, just aim to buy a few bitcoins every month as your long term investment. when the price of bitcoin goes up very high, you won't realize that you already have a lot of assets too.

if something like this has happened, then the team will give their best strength to turn things around. however, as far as what has been seen so far with the same case, it is very difficult to quickly recover the price that was previously achieved. however, it is possible that if the dev actually delivers on this promise, the price might recover little by little. all you can do right now is wait for the official announcement from the dev regarding the progress they have made regarding this case. but don't expect too much about it.

If we think about it, it's not impossible. your target is very high, however, I've seen people grow their assets from minimal capital to huge returns. however, I think such a high target requires good skills in the world of trading, as well as a lot of patience. however, I said it is not impossible, but reaching that value can be a very long journey. you can try to double $100 to $200, $200 to $400, and so on. Good luck.

Well, in fact, there are so many ICO projects that failed in 2018, whether they are still selling, those that are just running, or even those that have been on the market for a long time. However, at that time, all asset prices fell, and people tended to prefer holding their digital assets or adding to popular assets like bitcoin. However, if it's just introducing the project, and attracting potential users, it's still a good idea. IMO, in bad market conditions, and the prospective project to be developed can overcome this problem, then that can be a good signal to sell after a bear market occurs. however, selling in a bear market is still a bad idea.

actually, there's nothing wrong with your way. you don't need to force buyers to pay using bitcoin even though there is a discount if using payment using bitcoin. let your buyers buy with cash, or with fiat. providing a payment alternative should not force them to use it. let your business continue to accept bitcoins. if the person understands and uses bitcoins I'm pretty sure they will buy using bitcoins. however, if not, then they will use cash. well, no harm to that. we don't know when our buyers bring us bitcoins. besides, not everyone understands the use of bitcoins. so, continue your business as usual, and you can also introduce bitcoin to your prospective buyers if they still don't know about it.

Well, if we're talking about new altcoins or altcoins outside of popular coins, I think people need to do a little extra research before investing. skepticism is normal. That's because so many altcoin projects have become scams, or been abandoned by their developers. In fact, I've also experienced this. Even though altcoins have tremendous potential to increase the amount of investment we have, the risk of being wrong in choosing an altcoin will cause the assets we have to decrease drastically. there are many reasons why people are skeptical in choosing altcoins for investment.

You know, in 2017, there were people who said that is he too late to invest in bitcoin, just like you. even in the years before and after that. Well, if you want to start, then start now. it's never too late to invest. the future will be an opportunity for every investor to gain profit, or incur a loss. if you never start, then next year again, you will say the same thing. whereas, a lot of people are also just starting out nowadays, and are turning into professionals when you ask the same thing.
In 2017, a lot of people are also just starting their careers in this investment, and right now, they might have gotten a lot of assets from it. if you are interested, then learn and get started. someone else's answer won't make the experience for you. get started, and create your own experience.

Actually I also lost that moment. for some reason, i also sold a lot of crypto assets I had that year. However, seeing crypto prices going up so high at that time made me quite frustrated. However, I think many people make the same mistake that we do. whether it's due to economic factors, needs, business, and others, many people sell their assets even before the halving occurs, or not long after the halving occurs. this can only be a lesson, that we really need to prepare emergency assets without involving the investment assets that we have.

yes, that's absolutely true. in fact, when you don't want to hold bitcoin, you can still change the results of the payment to stablecoin or fiat. it's almost the same. however, by accepting bitcoins, people might be even more interested in the business you run. You know, quite a number of bitcoin users want to make those transactions live. it will of course be profitable for your business. in fact, you will not get a loss. this might be referred to as business development.

When a bear market occurs, the thing that makes me not want to invest in altcoins is that I'm afraid the price will fall. even more so if it is a new altcoin. although this can be seen as an opportunity to increase the number of altcoins at a low price, it is quite difficult to invest again when we still have these altcoins. seeing its value fall is enough to make a lot of people frustrated.
However, it's only natural that people hesitate to adopt an altcoin when the price is dropping, even CEOs of many new projects understand the same thing. they sometimes delay their token sale if market conditions worsen. however, some people wouldn't hesitate to buy bitcoin or the popular altcoin in the current situation.

KYC will be very dangerous if it is used by irresponsible people. there are so many negative impacts of KYC if it is used in the wrong way because KYC has almost all the information about a person. However, why is KYC verification still being enforced today? It's because of regulations in a country that require companies to know who their users are. this aims to avoid money laundering or other negative things that can come from consumers or companies.

in general, I'd go with Bitcoin, Ethereum, BNB, USDT, and BUSD. I chose Bitcoin, Ethereum, and BNB out of the many cryptos because I believe those three coins are the most used for transactions. other than that, people tend to be familiar with the three coins. So, I think, that's for the best. while for stablecoins, I will choose USDT and BUSD. this is because the two stablecoins are the most widely used, and I use them the most.
However, I might add a few tokens depending on the situation. if there are still potential tokens and the community is huge, then I might consider those tokens as a payment alternative.

I think it's just a stability issue. tether is a stablecoin. people sometimes choose to use USDT to store their assets in crypto to make it easier for them to use them without thinking about the volatile levels that occur. if someone wants to be paid using tether then he/she is most likely avoiding the volatile thing that happens with bitcoin. I don't think he's worried about his assets being frozen, rather he's afraid the price could decrease more than he thought.

why is he sure that it is bitcoin, while the advertisement clearly says BFICoin? if the ad only showed the logo, I think it might happen, but by advertising BFICoin, people wouldn't spell BFICoin as bitcoin. you know what i mean.
However, your friend needs a very deep education for this. I'm pretty sure that if a project names their coin with the name bitcoin 3.0 or a name with elements of bitcoin, and has a total supply of 21 million coins, then he or she will probably feel that it's the next generation of bitcoin.