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Bitcoin is difficult to explain. I also felt difficulties in understanding bitcoin for the firs time. Let's share how to explain bitcoin to children of teenagers. In My country I can say 98% children don't know bitcoin. In fact, bitcoin can be future money. If the children not familiar with cryptocurrency or bitcoin, how can they face the digital era in the future.
Definitely. Bitcoin is hard to understand so explaining it to children and teenager will be difficult. They dont have some interest in that kind of topic because all they want to do is to play and have fun. If youre going to teach bitcoin to children and teenagers, you should exert more effort as well as some activities about bitcoin so that they will easily understand how it works. I think that it is hard to teach teenagers or children about bitcoin because they don't even know what value means. I think it is better for them to just go to school and learn some other stuff. Then wait for them to get older and then teach them about bitcoin. |
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Gold is not that good to buy because there is not much you can get with it. Bitcoin has the ability to make money out of itself by doing nothing and let some investors do their business. I think that it is the easiest way to get yourself money.
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It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
I believe that most people of the world will use it because of its better to transact than fiat. Like we can directly use worldwide trading. But I am not sure if what the market will be in the future. We never know about that but i'm pretty sure more people will use bitcoin and bitcoin become more popular in 2022. If we talk about everyone use bitcoin in 2022, it's possible but i'm not sure about that. There are still many people in this world that don't know about bitcoins. Just see the price of Bitcoin at now, you can know we have not much Bitcoin user. The world have 7 trillion population, but total supply coin of Bitcoin is just 21 million coins, but this is the max supply and we still need a long time to mining all that amount. I agree with you but there are still options that most of the people in the world will use bitcoin because the max supply is 21 million coins but not everyone has 1 coin and the people who are using bitcoin now are very few. That doesn’t matter. Number don’t have any concern in terms of the future. See, bitcoin is being developed since last 9 years and only 21 million bitcoin are there in market. But when you talk about future, users will be more in number then ultimately the developing companies have to manage more bitcoins as per population. So, things will be fine and the future is all about it. I do not think that there would be more bitcoins because we are already having a lot of struggles to mine the amount of bitcoins which actually are left and with more people it will become faster but not easier. I agree with you i personally do not think that everyone will use bitcoin in 2022 why? because there is just 4%of the world population using it right now i do not think that in 4 years it can become 100% that easily. That is true very few people of the world know about bitcoin and i do not count the multiple accounts or the bots that they are using to mine and earn bitcoin but just the normal people there are too few to actually think that everyone will use bitcoin in 2022. I agree with you but even if everyone uses it by then there would be a few people who actually know how bitcoin works and that is why not everyone will be able to use it people will just pay 5k bitcoins for 1 pizza because they do not know how much 1 is worth. Hahah that reminds me of a story a long time ago when bitcoin was worth nothing and a guy bought a pizza for like 5k bitcoins and i probably think that he is regretting it very much now and grinding for the bitcoins again. I read that story that story is also the one that made be go into bitcoin because with that story i feeled and knew that bitcoin can become a lot more bigger than it was at that moment and i was right now i have a very big profit from bitcoin. |
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And it is rising again even if it falls it will rise back again and then it will rise more than it had reached last time bitcoin always does that just check the charts if you do not believe me bitcoin is something that we do not understand easily.
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I agree with you but you can understand it because 2 months ago when i started i did not even know a single thing about bitcoin and now i am trading bitcoins for other alt coins and making money out of them it is just a matter of time.
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I would use the common strategy we all know buy low sell high but also keep in mind that high and low is not predictable it can go from 6k to 2k but it can also go from 2k to 1k and that is where it is not simple anymore you just need to trust and be sure.
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It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
I believe that most people of the world will use it because of its better to transact than fiat. Like we can directly use worldwide trading. But I am not sure if what the market will be in the future. We never know about that but i'm pretty sure more people will use bitcoin and bitcoin become more popular in 2022. If we talk about everyone use bitcoin in 2022, it's possible but i'm not sure about that. There are still many people in this world that don't know about bitcoins. Just see the price of Bitcoin at now, you can know we have not much Bitcoin user. The world have 7 trillion population, but total supply coin of Bitcoin is just 21 million coins, but this is the max supply and we still need a long time to mining all that amount. I agree with you but there are still options that most of the people in the world will use bitcoin because the max supply is 21 million coins but not everyone has 1 coin and the people who are using bitcoin now are very few. That is true but don't you think that even if everyone had 1 coin it would still be not enough because not a lot of people know about bitcoin in my country maybe from all the people that live here would at least 10% know about bitcoin or even less. |
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I started with bitcoin when i was in a young early stage of being a teenager my friend told me about it because i did not have enough time to work i had school and soccer practice after school i came home late and did not even have enough sleep but because of bitcoin i could also earn.
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No because bitcoin is a crypto currency and dollar is a real life currency i mean with paper money and if it you even would be able to compare bitcoin with dollar doesn't bitcoin already has replaced it because 1 bitcoin is $4000 and that is a lot.
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Yes i do regret not believing in bitcoin but you can not change that anymore you can join the bitcoin community and start right now but i would still regret the fact that i did not join earlier and invest in bitcoin when it was very cheap.
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I am using a blockchain account, because its online and can not be easily hacked. I also use a coin pot account thats where you can store coins like Litecoin and Dogecoin.
What the amazing thing from coinpot wallet is that you can instant convert coins to a coin you like. If you want litecoin to Bitcoin you can convert them instantly with no fees.
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In the future this will be big.
As of now, Qualcomm does not have the processing power to mine anything above a nominal difficulty.
I agree with you. Very interesting concept. I hope it works out:) I also agree with you. In the future phones will be very strong in specs. They can beat in the future a computer from 2010 maybe. If i could mine from my phone i wouldn't do it. I bought a phone to call and not to do mining. This is out of concept. Phone is to message and call that why it made and we must obey that. |
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