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I believe if the government legalize the BTC it will be great revolution in the economy of the country,Young generation will be able to earn itself and bcome indendent which will decrease the unemployment rtaio.Government will also increaase the revenue from the transactions occurs on the government platform.Overall it will have positive impact on economy.
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I think it will great,A common people will get benefit from it.It will increase the demand of crypto and population will get in it.As we know crypto future is safe and today or tommorow banks will need to involve in services of crypto for survival so it is better to start now and get attention of users in early age of crypto.
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Still most of nations not eventually admissible in all nations and risky to legalize, it has no likelihood of getting to be a world control. But in the event that we see at its ubiquity and take note the rest of the endeavors, it is no slight. It must be precise to pick up validity and Bitcoin is performing just that. In spite of the fact that it could be a trick it is going through its best bear. So from my point of see, I can official that bitcoin as a world control.
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We should talk about crypto insurance,It appreciated you highlited this topic.Most of modern thinker believe blockchain is for long run and crypto will alive for long and no doubt the crypto assets and products rising day by day so there should be insurance companies to protect the customers.I think people will think about it and will encourage crypto insurance as well.
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Insurance sector is subject to strict regulations, at least in Europe, and I think this currently makes it difficult to authorize and recognize by the market and above all gain the trust of a proper customer base.
This last feature also strongly affects the lack of development of insurances in the crypto sector according to me, considering that the mathematics underlying the principle on which insurances are based is the assumption that it is aimed at a large number of users to reduce the variance and thus allow the economic equilibrium of insurance companies.
Preety well defined,I think there are still too much home work needed for insurance companies to secure client and and existence of own company. |
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For the most part People utilize bitcoins for venture purposes i am too . When I will pull back in huge sums, I ordinarily do a hand held bargain. In any case, in the event that I got to cash it out, I point to cash it out on a little scale and not to be caught within the state follow-up. Since right presently it is not one or the other precisely lawful nor unlawful. Since States and banks subject cash inflows and outpourings to hard limits..
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Since Bitcoin came in existence having monopoly but may b in future there will be number of alternative or other coins overcome to Bitcoin.Bitcoin still king and going popular day by day,people want to invest,trade because Bitcoin is best platform to employ skills and earn maximum in short time.
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There are many factors which affect the volatility of Bitcoin.There is group of whale which dominant over the the Bitcoin market,They manipulate the market own consent.There some external factors like false rumors on media which discourage the new and existing investors to sell in panic which also affect the value of Bitcoin.Must learn from past history and the charts of Bitcoin which will help to take right decision at right time.
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As we know hackers are active but still we can failure the hackers.Safe your wallet with different security tools like 2fa,sms code it will secure wallet from the hackers attack.It is better dont hold massive funds on exchanges because exchanges are at risk.
The best way to secure funds to use offline wallets which are more secure than online wallets.
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Risk factor is involved in every field,It is also experienced high risk high profit.If we deal with rationally we can minimize the risk factor.Bitcoin is full of opportunities you can earn maximum in Bitcoin platform,Engage your skills and your skills will paid highly here. Bitcoin is future and the day is not far Bitcoin will rule over the world.
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Government scared about Bitcoin that Bitcoin will encourage illegal activities but being optimist Bitcoin have positive mpacts on state and economy of the country.Bitcoin reduce the expenditure of fiat money printing and supply.Government must think positively and make necessary possibilties that common people take benefit from Bitcoin.
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Here i will suggest wallet is more secure than exchanges,Exchanges are at risk of hackers and hackers became more expert than exchanges management.Secure funds in offline wallet it allow more security of funds also keep your keys with ypurself with backup and dont share to any one.
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In this era of Globalization every industry developed but still we use fiat money,There is need of crypto to replace the fiat because people want to change and easy safe way of financial activities.Cryptocurrency is big revolution it made possible to make transactions globally on just fingertips.
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Bitcoin will remain the leader and Ethereum can't overcome it. But for sure Ethereum will rise as well as Bitcoin
Ether is most popular coin after Bitcoin but still Ether need more home wrok to lead Bitcoin.While Bitcoin is pioneer and will alive,Ether is also based on blockchain technology and the usage of Ether is increasing but the main reason to dominant market of Bitcoin is the pioneer in crypto and no one can stop it. |
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According to my opinion Bitcoin have bright future as compare to fiat because we all using fiat since centuries and now new generation wants to change and the Bitcoin is best option to use as medium of exchange.Bitcoin is smart and secure way of payments overall the globe.This is the major reason Bitcoin deserve to be global currency.
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Well defined but we should be optimist in falling or crash,Falling of Bitcoin is also an opportunity to buy or invest more to hold for best moment to gain maximum profit.Bitcoin is owned by a group of whale and no one can predict the next step of whale,Mainly they pump and dump for own benefit. Rational traders learn from past history and charts and take decisions accordingly.
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Bitcoin have major risk of hackers but now security tools also upgraded and you can safe your Bitcoin as long you want,We all know Bitcoin popularity is increasing day by day and people avoid to make transaction through Banks because banks take too much time to make transaction globally.While Bitcoin make easy and safe transactions overall the globe,So if Banks want to survive long must add Bitcoin section to serve clients.
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Every one can join but cant survive long till get education about related field,If any one illiterate and join crypto it is necessary at learn learn to write and read and the basic knowledge about crypto otherwise no way to survive more in crypto. Knowledge is power and without knowledge you cant reach your goals.
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Yes its time wastage if you are part of scam bounty and you are not good in selection,So before joining must read whitepapers of project and focus on roadmap either full fill the requirement join because bounty is highly paid as compare to other sections.Good project paid highly even you cant imagine and people are earning just avoid the scam,Little effort before selection you can save time and energy.
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Bitcoin is going to need of everyone and state,Future of Bitcoin is stable and bright it encourage the smart way of payments overall the globe you can save time and energy.Bitcoin is freedom you can invest or trade according to affordability and no need of third party to because bitcoin is like own bank,Future of Bitcoin strong and will hit con top hard to afford Bitcoin in the future.
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