Yes I think bitcoin reduces unemployment because it provides people with money and work. People can join signature campaigns where they have to post of relevant topics which required time, efficiency and creativity. It is just like getting employed in a company where you have to devote your time and hard work. And in return you get paid.

It will be wonderful if hotels will start accepting bitcoins as a mode of payments. This is because we generally go to hotels when we are traveling and if we are traveling abroad then currency exchange is always an issue. As bitcoin is a global currency this currency exchange problem can be ruled out and it will be easy for travelers staying in hotels to pay without the currency exchange hassle.

I think bitcoin has at least 10 more years until it’s downfall begins. This is because of its growing popularity and usage among the people. It has a long way to go and this is evident from the increasing prices of bitcoin day by day. It’s increased life span can also be accounted because of its global acceptance and easy transaction capacity.

There are many ways to make money with bitcoin. You can join signature campaigns for earning money. One can also start bitcoin mining. Then bitcoin can be traded also to earn money. Gambling is also a way of making money but it is very risky because there is a high chance of loosing your money.

Yes It is possible that digital currencies like bitcoin can disappear. The reasons which could lead to this are firstly, if there is no electricity then digital currency will end up being shut down. Secondly if there is no internet then these currency will disappear because they are digital. Then they can also disappear if countries ban them.

Well yes I think that bitcoin is the future of the money. Because since it had started its prices have increased and they are continuously increasing and if this continues then they will increase in the future too. And also it has gained a lot of popularity not only among teenagers but also among middle aged men.

There are many reasons why bitcoin is better than cash. Firstly unlike cash bitcoin can not be stolen. Secondly it is a universal currency, so you don’t have to exchange the currency like in cash. Thirdly transactions are very easy and fast and can be done 24/7 unlike that of cash.

It is evident that bitcoin has come a long way since it had started but still I don’t think that it will ever be able to become the strongest currency in the world because firstly, many countries don’t recognise bitcoin as a currency and few of them are banning it. Secondly it is not a stable form of currency since it prices fluctuate a lot; so any investment made there is always a fear of great loss.

Yes. I think bitcoin can end, not now but in the next 10 years or so because firstly, it is used for many illegal activities and illegal transactions. Secondly there is a high risk of loss in investment due to less stability. Thirdly because it is not controlled by any government or bank. Also it can end if countries start banning it.

Bitcoin has come a long way since it has started and well I think that the next 5 years for bitcoin can brighter than present because since it had started; bitcoin has gained high popularity not only among youngsters but also among middle aged men. It’s easy transaction and globally accessibility has really increased its usage. So I think bitcoin has a very high potential and in the next 5 years it will further grow.

Well it is possible to that bitcoin may shut down because of the following reasons. Firstly as bitcoin is a digital form of currency/ cryptocurrencies. It can not be used if there is no electricity or internet, which will ultimately lead to its shut down. Secondly if governments of countries ban bitcoin then it will also lead to its shut down.

There are many things that I like about bitcoins. For example firstly, it is a global form of currency so it is accepted world wide, therefore it breaks the currency barriers between nation. Secondly is its transparency. Thirdly it is very easy to transfer bitcoin from one person to another hassle free.

There are many ways by which a person can start earning bitcoins without investing any money on it. Firstly one can start earning by posting for signature campaigns. Although it is time consuming and takes lot of time to earn a nice amount of money but still it is a very good source. Secondly one could start trading the earned bitcoins. Then one could also start investing the earned bitcoins. A person could also gamble bitcoin but there is always a very high risk of loss and it all depends on luck.

Although prices of bitcoin has escalated over that of gold but still I don’t think that bitcoin will be able to replace gold because firstly, gold is a precious metal and its value keeps on increasing. Secondly, gold is a stable form of currency and is often broken down for cash. Thirdly it is controlled by government which results in stabalising gold. So because of the following reasons bitcoin will not be able to replace gold.

No I don’t think that bitcoin can make banks to disappear in the near future for sure because. Firstly, banks are continuously controlled by the central government which results in increasing its stability in the market. On the other hand bitcoin is not controlled by any government, which makes results in decreasing of its stability. Secondly the prices of a currency remains constant and rarely changes. On the other hand there are sudden drops or sudden increase in prices of bitcoin, which is also an example why people prefer currency over bitcoin.

I know that money is very important in life for sustaining day to day shores especially in the 21st century when prices of everything has increased so much and if you don’t have sufficient amount of money then it is very difficult to live a good life and provide your children with adequate amenities  also then you will not be having any standing the society. All above things said, still money is not above all things. It surely helps in providing opportunities but it does not ensure a good upbringing among people. Few things in life are far too precious than money, like happiness which a person can find in small to small things, good friends which comes from how your behaviour and mannerisms are, a caring and helping family which will love and support you irrespective of the amount of money you have.

No I don’t think that bitcoin can overtake real currency. Which means that there is no chance that cryptocurrencies will result in eliminating the bank system from the world because of the following

Firstly bitcoin will not be able to eliminate banks from the world because of the less popularity of bitcoin as compared to the banks.

Secondly real currency is very stable because of which it is very difficult to eliminate the banks from the world as compared to cryptocurrencies which are very prone to fluctuations in value.

No I don’t think that cryptocurrencies are better than real currency because real currency is controlled by governments or bank which makes it more stable whereas cryptocurrencies are not governed by any bank or government which makes it less stable. Secondly real currency is very pass prone to fluctuations in its value. Therefore it is stable whereas on the other hand the cryptocurrencies are very much prone to fluctuations which decreases its stability.