In a sense bitcoin could be considered a threat to the US dollar and the pound sterling if in the future cryptocurrency becomes the leading currency. Who knows if that will actually happen. I dont think that it is a threat right now.

Stanford is not the first institution to include a course on cryptocurrency. There are quite a few more out there including it now into their catalogs. This is a reflection on the university's view on cryptocurrency and what it could do for the future of the economy. It will help students better understand it.

I agree, right now I trust bitcoin more than most of the alternative coins out there right now. Who really knows what cryptocurrency will be like in a few years time, all we have are speculations to go off of. Yes the things the author listed are reason enough to pull out of cryptocurrency but I see blockchain technology and the concept of cryptocurrency potentially changing a bit of things with our economy.

That would basically almost be similar to what we currently have with fiat currency but instead it would be backed in cryptocurrency. I personally do not think it would be a good idea because one of the main reasons for cryptocurrency is for their to be a decentralized economy and if each country has their own coin then those governments could regulate it to their liking and we would still be back to having separated currency.

It's not a matter of completely disregarding our emotions, but more of a matter in controlling them and knowing when they are helping or hurting us while trading. Emotions are at the very exhistence of human nature and they can certainly help us in our decision making process. We all have to realize and come to terms with knowing there are going to be many gains in this process and there will also be many losses as well.

I would not say that economics is a necessity to study while in university, but it is definitely helpful and it's always great to seek advice and be taught a specific subject by people who are extremely knowledgeable in that field (of course it depends on where you go to university). There are quite a few people in this world who excelled without going to college, but I would say there are more people who did go to college and are doing great in their careers. Like I said, it's not a necessity, but it is most certainly helpful.

Bitcoin will survive in a cashless society. One of the main reasons why cryptocurrency was created was to improve economies and help turn money into digitalization. Of course we will not know for sure if it will survive until we push into the future, but I think it bitcoin and the rest of cryptocurrency is paving the way for big changes.

It is not all too surprising that Thailand is accepting cryptocurrency to help with their economy. I say that because Thailand is accepting of most things. But it is great for their country because it may also increase the numbers of their visitors and help boost their economy if people are looking to purchase with their coins.

Cryptocurrency is a fairly new to our economy and it will need some time before it really takes over how we use it in our economy. It isnt stabilized yet and also governments would like to be in more control of it before it can flourish. Like I said, its going to take some time before it can become adopted as a major use in our economy worldwide.

I dont think that cryptocurrency is a way to earn lots of money very quickly. I think that it is a longterm investment. Sure you can always earn to certain amount and take out of that but then you have to start over and build to what you already had. It's best to not put all your eggs in this basket because the market is so fragile but waiting a while for your investment to grow is a pretty good thing.

To be honest this isn't a fair comparison. It's two really different things that you are looking at. One is looking at the cap on a new economy and the other is looking at a way of transportation. Are you suggesting that there be a higher or no cap on bitcoin and less monetary investment on a taxi service?

A lot of people do wait quite a long time to buy their coins when the price falls. This could be good in the sense that they get lucky and buy out when the price is super low or it could be bad if they wait too long and then the price gets higher and they lose out on their opportunity.

Right now it's hard to tell if it will make it to the point of being the main currency for the world. It is possible in time but in order for that to happen I think governments are going to want to regulate it and put restrictions on it so they have more control. People like to think of it as being the next main currency used around the world but its going to take lots of time before that gets close to happening.

Originally I began in cryptocurrency as a way to earn extra money on the side but instead i learned that it was more of a long term investment than a quick way to get a few extra pounds. Ive learned that i have to have patience with this so that the money I have invested will go further in time.

The government will know how much money you have and will know what you are spending it on mostly. Maybe not specifically, but when you report it then they have access to it. The government can track digital money easier because all the records are there for them to have. It would make sense if they would want to have a digital currency for that reason, but who really knows?

Cryptocurrency is a huge risk to be a part of. But its great to be knowledgeable as much as you can in it so that you know when it is best to invest or sell. Most of the time it is about luck with the market, but you definitely do not want to go into trading blindsided because that will ultimately end up in not doing well in the future.

It's hard to tell what will happen with cryptocurrency in the near future. Of course the response we desire to come true is that it will rise in price, governments will accept the idea, and so forth. I don't believe that it will fall to nothing or disappear completely, but we never know if each country's government will forbid it or if it will become illegal in time.

It's up to you when you should sell and take out what you have earned. If you need the money in just over two weeks then you should realize that if you wait you could potentially risk losing more in that time period. If you are comfortable with the amount you could sell and take out, then it might be a good idea to go ahead and do so. That way it can put your mind at ease and you will be able to support your financial need.

Understandably cryptocurrency could be seen as an experient on our psyche, but I don't think that's what its purpose was created for. Just like many other things that effect our human behaviors and mentality, Cryptocurency produces many emotions during trading and when the price of bitcoin rises and falls. So in that sense I would agree that it could be an experiment on how we handle certain situations, but really cryptocurrency is much more than that.

Hahaha, I'm not a fortune teller but if it increases the lowest it can go is just marginally higher than the price is currently  that's got to be one of the best predictions ever. No shit sherlock!