It says that there was Paranoia version 1. Where can I download or buy it?

With Bitcoin the people of Africa can become their own bank where they do not need to queue to withdraw their money. With Bitcoin Africans can make their purchase from anywhere in the world where Bitcoin is accepted. Also those in Africa who have families abroad can send them money within minutes. The transaction fee is very low compared to those incurred using traditional fiat currency.

In ten years a bitcoin will have increased in value by a factor of ten or more, or it will be worth nothing. If the world's governments engage in a concerted effort to close exchanges and to de-anonymize bitcoin transactions by regulating the block chain bitcoins will be worthless except as a moment in the history of money--perhaps a seminal one, because the idea of digital crypto currency is too sound not to survive in some (probably state sanctioned) form.

In markets or countries where Bitcoin would be deemed illegal, it would be just that, illegal. Trading, on-loading/offloading and accepting Bitcoins (as a business/individual) would be restricted. Having said that, it would most likely increase demand and a parallel grey economy that would support all facets of bitcoin trading/buying/selling.

Crypto-Currencie like Bitcoin is treated as threat by many Banking institutions. Most countries like to maintain control over financial and banking system of the country. Bitcoin does the opposite.Many countries including Bangladesh banned bitcoin after 2014 Scandal with strict jail term. But as with other laws, it’s difficult to implement in countries.

This development could mean any number of things for the future of cryptocurrency. The situation is very fluid, and market valuations are both constantly calibrating and volatile. It’s going to be difficult to get a clear picture until Bitcoin Cash has been running for a little while (or fails), and until Bitcoin implements its segregated witness technology later this month, and then doubles the size of its blocks three months later.

Improving cryptocurrency as a transaction medium will depend on maintaining the high level of security that Bitcoin has always ensured, while also improving transaction speeds. Bitcoin will continue to be highly secure, but how much its transaction speeds will improve is unclear. Bitcoin Cash, once its difficulty has adjusted, could have transactions processing in two minutes and 30 seconds. The security of the Bitcoin Cash blockchain, though, is unclear.

It will also depend on miners’ and users’ vision for the currency. If Bitcoin really does undermine the decentralized nature of the network, and the democratic possibilities of the blockchain technology, people may look elsewhere for a cryptocurrency with more exciting potential.

Bitcoin is truly making a difference in the usage accessibility of currency. This has made bitcoin get added to the list of currency that exist and in usage around the globe. Business people fear about the fluctuations but soon we can expect positive impacts felt on usage as currency.

But as of now there’s a battle happening between BU and core bitcoin (real one) which is making the whole crypto’s depending on it’s market. If BU will win on this duel then core bitcoin is going to be dead a little by little.

No way, the devil you know is better than the Angel you don’t know, the whole BU is just a counterfeit and for it to be established needs a lot of trust from the crypto world which I doubt they’d get because Bitcoin has proven time and time again to be strong and natural but will BU stand the test of time. I’d rather trust the core Devs than some new wannabes.

Quitting day job at present is not the right thing. There simply aren't enough job opportunities in Bitcoin to make very much money. The number of job opportunities come primarily from those who freelance or start their own business, aside from that there aren't any long-term paying jobs.
 It's too risky to depend only on bitcoin, its always good to have a good and secure full time job which takes care of our family too, and also provides additional benefits which bitcoin doesn't.
I mean that of course It is advisable If you can afford to take risk by living only on bitcoin then you can go for it, but you also need to keep in mind future uncertainties as if bitcoin disappears then you should have alternate option for living. First think about the physical work. Dont rely on this online jobs because you dont know to when it will last. Plus it is bitcoin we are talking about there could be ups and downs.
Qit from real job and focus to bitcoin is not a simple plan. We must ready for any chase, maybe our way to earn bitcoin will be closed. Or the mining not profitable again, and the hardest or difficulty to earning bitcoin is increase to much.

Cryptocurrencies like bitcoin are not the "new gold."  Many commentators have dubbed bitcoin "digital gold" because of the fact it has a finite supply and has at times seen price rises due to geopolitical tensions. Gold wins out over cryptocurrencies in a majority of the key characteristics of money.

 Gold is clearly better at holding its purchasing power, and has much lower daily volatility.  Bitcoin's volatility averaged almost seven times that of gold in 2017. The price of  gold is up over 10 percent this year. Bitcoin meanwhile is up over 400 percent. However, the cryptocurrency has had wild swings in price.

 Bitcoin can be broken down into much smaller units. While this may make it look like a better medium of exchange than gold. However,  transaction fees have risen sharply this year. The average transaction fee at its peak in mid-July was just below $9.

Probably, you are forgeting that one Bitcoin represents 100 million indivisible units.

21 million coins - it's just over two quadrillion (2099999997690000) of the maximum possible units.

It is assumed that by the time when the last Bitcoin is mined, the parts of the coin will be in circulation - millibots (mBTC) and microBit coils (μBTC). However, a denomination with coefficients of 1:10, 1: 100 and so on is also possible.

So it will take less than 100 years to reach that total supply, we are not even going to be alive to see it happening, if bitcoin would be still alive too..
There is no need to worry about, and those forked coins, are not even going to be a live for the next months, they are a fail, bitcoin cash was the only good one of them.

There is a bunch of different sites where it is safe to invest  Bitcoin. But before you do this, here are a few things about which you should know. Someone will say that my answer is not quite on the topic, but  someone should write this so that people who have little experience have not lost all their money.

When is the right time to buy?  As with any market, nothing is for sure. Use tools like Bitcoin Wisdom or Cryptowatch to analyze charts and understand Bitcoin’s price history.
Bitcoin is global and not affected by any single country’s financial situation or stability.

How to Invest in Bitcoins and Where to Buy? The difficulty of buying bitcoins depends on your country. Developed countries have more options and more liquidity.
Coinbase is the world’s largest bitcoin broker and available in the United States, UK, Canada, Singapore, and most of Europe.

It’s important to understand how Bitcoin works before investing any money.
Bitcoin is still new and it can take months to understand the true impact Bitcoin can have on the world.

Take some time to understand Bitcoin, how it works, how to secure bitcoins, and about how Bitcoin differs from fiat money.

Bitcoin might do this , but not in near future. I was told that this electronic money was created in order to give population (world, poor, rich...) control of their own money without the need of a bank ("those bad guys"), But for that to succeed we have to give computers and internet access to all, and that we are forgetting.

It is not going to happen very soon. Just think that real money are used since year 500. Every single person use money every second/minute/hours etc. It is going to be impossible to make real money disappear in a few years. Also a lot of people dont even know what is that GOOGLE. How do you expect them to use something that they never heard about . I do think real money can be replaced but not very soon.

As for what has caused Bitcoin's sharp rally this year, analysts cited several key factors, including rising interest in cryptocurrencies. There is "no question" that these digital assets are experiencing growing interest, especially on the part of finance professionals and funds. More and more people are coming to recognize that this asset class is particularly attractive during times of political turmoil.


Another development that illustrates the enthusiasm that investors have for these digital assets is all the initial coin offerings (ICOs) that have been taking place. At the time of report, ICOs had raised six times as much money in 2017 as they did during all of 2016.

It seems to me that so far it is not worthwhile to compare bitcoin with real money, this is the same as asking what is better bitcoin or ether? Everyone has their own ways of applying which can not yet replace.  Bitcoin is a crypto currency and it is comfort to use on online and fiat is better to use in open world. 

Cash will almost always be king because it is an accepted form of currency literally almost anywhere. However, there are not a lot of places where you can pay with Btc. I have only seen one place. It was a sauna in Toronto that accepted Bitcoin.

Also speaking in favor of cash, the fees for making these or those transactions are more convinient, what I cannot say about Bitcoin

Yes, one can say that anonymity is a feature of Zcash. Thanks to the team's work on writing new scripts, they open a unique method where the blocker himself is able to confirm the legality of transactions, but at the same time he does not give any information at all. In this there is a small minus. Since the code itself is being improved every day, it is in Alpha development, that is, at the final stage. As you understand, there are inconveniences. For example, to create an anonymous transaction, you can use the entire computer resource, as well as 2 minutes of CPU time. It may cause doubts, but anonymity is worth it ... or is it not worth it?

The spread of digital money is undesirable for banks, given their current problems, which they have faced recently. Speech, first of all, is about low demand for loans, lower profits due to lower interest rates

Bitcoin potentially undermines the work of banks. Probably the general fear among banks regarding Bitcoin is that it completely destroys the need for intermediate transactions between financial institutions. among the main advantages of crypto currency compared to banks is the lack of the need to provide identity documents for the opening of the Bitcoin-wallet.

Moreover, he noted that blocking technology can not be hacked unlike bank accounts, which makes it a more secure depository.

SO THEY DO!

Cryptocurrency trading can be extremely profitable if you know what you are doing, but it can also lead to disaster. Even though most traders decide to either go with fiat or bitcoin, other cryptocurrencies can represent viable income sources, as long you as you tread carefully and understand what you are doing.

The first thing you will need is a safe and secure platform to trade your cryptocurrencies.  When you chose one, there is always a process of signing up, well that is easy. Once you’ve signed up, you will need to transfer funds into the exchange.After agreeing, select the currency you are interested in trading and click “Deposit/Withdraw.” In some exchanges, it is also possible to deposit via bank wire. Now all you need to do is find your desired market, in which you will trade a certain amount for another cryptocurrency. Before placing an order, make sure you properly analyze the market, and agree with the current best price. If there are enough available tokens at your eligible price, your order will be immediately taken care of. If not, your order will be waiting for someone to trade at your desired price.

Bitcoin has been proclaimed dead 89 times. It has been labeled a Ponzi scheme and a failed experiment. Writers have argued for it to be forgotten and for developers to move on to greener pastures.

However,  of course that future might be coming, but it’s slower to arrive than most enthusiasts think. Even a year later, if you tried to live only on Bitcoin for more than a week, You’d either be very hungry or very bored with your meal options. And that’s really the central issue with Bitcoin: Unless it becomes even easier for consumers and vendors to use, it could still become the Apple Newton of money—an incredible technology that flops.

As for me, I would rather invest In Bitcoin or try to make some money by using it in some different ways, but not spend all my time wondering if Bitcoin is the future of money or not?? We never know, for now try your best to get as much benefit as you can.

I think people are mostly afraid of new things, they think that BItcoin is a scam. However, here I have some points that will make u trust in Bitcoin.

Payment freedom - It is possible to send and receive bitcoins anywhere in the world at any time. No bank holidays. No borders. No bureaucracy. Bitcoin allows its users to be in full control of their money.

Fewer risks for merchants - Bitcoin transactions are secure, irreversible, and do not contain customers’ sensitive or personal information. This protects merchants from losses caused by fraud or fraudulent chargebacks, and there is no need for PCI compliance.

Security and control - Bitcoin users are in full control of their transactions; it is impossible for merchants to force unwanted or unnoticed charges as can happen with other payment methods. Bitcoin payments can be made without personal information tied to the transaction. This offers strong protection against identity theft. Bitcoin users can also protect their money with backup and encryption.

I do not really agree. I think that bitcoin can be described just as an other currency like dollar or euro.
 I found a good story that can be used to explain.
We’re sitting on a park bench. It’s a great day.

I have one apple with me. I give it to you.

You now have one apple and I have zero.

That was simple, right?

Let’s look closely at what happened:

My apple was physically put into your hand.

You know it happened. I was there. You were there. You touched it.

We didn’t need a third person there to help us make the transfer. We didn’t need to pull in Uncle Tommy (who’s a famous judge) to sit with us on the bench and confirm that the apple went from me to you.

The apple’s yours! I can’t give you another apple because I don’t have any left. I can’t control it anymore. The apple left my possession completely. You have full control over that apple now. You can give it to your friend if you want, and then that friend can give it to his friend. And so on.

So that’s what an in-person exchange looks like. I guess it’s really the same, whether I’m giving you a banana, a book, or say a quarter, or a dollar bill….