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Perhaps, indeed, Bitcoin's centralization would break some barriers that are bothering at the moment, but it seems to me that the decentralized form of Bitcoin is much better. Decentralization ensures that everyone is equal to the blockchain and that no fraud or theft is usually possible. Furthermore, Bitcoin's decentralization defends us against a 51% attack that would violate all of the mechanics and deprive a lot of people around the world.

Well, that's it. When referring to people who do not have knowledge, speak on topics of which they themselves have no idea, I encourage new users to use more reliable sources. Most people who say that Bitcoin died as an argument give a slight decrease in its value. This is ridiculous because it is obvious that every currency sometimes has more value and sometimes less. It's about the Bitcoin mechanism that works without any complaints, which can completely calm us down because there is a minimal chance that anything will threaten the existence of Bitcoin in the near future.

Undoubtedly, Bitcoin was grist for the mill to develop blockchain technology which is irreplaceable at the moment. However, this technology has come to such a level that I would venture to say that despite the end of Bitcoin, there would be a chance to maintain a brilliantly optimized and refined technology that is known to all of us blockchain. It acts a fundamental role in the world of cryptocurrencies.

In fact, Bitcoin has gone a long way to this day when its value and popularity in the world has grown considerably. It can be said that Bitcoin has reached the point a bit. Many users are afraid of cryptocurrencies because, as you know, the demand for it decreased significantly resulting in a significant decrease in its value, so new users who are greedy for profit avoid the cryptocurrency because they do not want to be lost.

Everything is based on in-depth analysis, which means that some people are better at Bitcoin investments and others do not. It's not about being a hodler or buying and selling quickly. It depends on our personal preferences and the current situation, but it's important that each of our activities was supported by an earlier analysis and some kind of hypotheses about what might happen. The situation on the cryptocurrency market is very unstable and can change at any time so it is worth being ready for any eventuality.

This is certainly ambiguous because Bitcoin is of course a currency because it meets almost the same conditions as the digital currency. IMF is an organization that operates under the UNO which has a lot in common with state politicians. As you know, the government and politicians tend to avoid cryptocurrencies and want to avoid using them by their citizens, which is why IMF may not want to put such images in order not to popularize cryptocurrencies. It's sad but partial censorship is ubiquitous.

This idea is quite surprising. It should be taken into account that it could take care of someone's own security after death or simply lose access to their cryptocurrencies. Also, the knowledge of people about Bitcoin and some awareness would be able to become much bigger if Bitcoin existed in physical form, but does not it contradict the idea of ​​Bitcoin? Bitcoin as a non-physical form of payment from anywhere in the world when we want and to whom we want without leaving home. In my opinion, at the moment, both ideas can't work together.

Mining, of course, is unprofitable and at the moment generates huge costs for electricity, which is why many people have abandoned it for a while ago. Should mining be cheaper to encourage people to do it again? Of course not because as you know the number of blocks to mine is finished and with each moment there are fewer and the prize for block mining increases so it would be pointless to facilitate the acquisition of something that is less and less. It's worth to look at it from this side.

Mining cryptocurrency was once very profitable and simple. Unfortunately, the case now looks different. Mining cryptocurrencies is now quite complicated and often generates more costs than profits, and that's not the point! If I were you, I would sooner buy a cryptocurrency and preferably Bitcoin if you want to avoid the risk of losing the entire fund and wait for the right moment to sell it at a profit. I warn you against hodling because it often turns out to be very unprofitable. Do not be too greedy and sell a cryptocurrency with a slight profit because the situation may get worse at the moment.

Undoubtely you're right. Bitcoin is a model for cryptocurrencies and others only try to make it look like it, because the whole world realizes that Bitcoin is the original and the leader among cryptocurrencies. Its thriving development and refined structure in which almost every detail has been taken care of makes it unsurpassed by other cryptocurrencies, and although there is now a terrible decline in the popularity of cryptocurrencies and reduced demand, Bitcoin still maintains a good  level.

I have concerns about the fact that Bitcoin is already becoming centralized. I would call it at least the narrowing of this freedom and the decentralization that it has had so far. More and more units operating in the Bitcoin structures are starting to be responsible for certain parts of the transaction, which makes an indispensable impression that we are seeking centralization. Let's try to avoid this because if we go on like this, we will deprive Bitcoin of its biggest advantages.

The world went crazy about Bitcoin because it became public and popular when it enjoyed its greatest success at the end of last year. However, it is its price and stories about people who have enriched themselves on it many times, encouraged users to try to invest in this cryptocurrency. They don't care about the options that Bitcoin brings. Often people who want to be financially independent from any institution are resorting to investment in Bitcoin but it is much rarer.

As it's known for many years, various exhaustible resources have been used to trade or to make transactions. This has not changed until today. As you know, Bitcoin and its mining requires tons of energy that can not even be counted. There is no doubt about it, however, for the use of ordinary currencies we need paper and metallic alloys which, as we know, are not infinite and may also end sometime. It is worth finding a golden mean in using all the resources of Mother Earth.

it is theoretically possible to make money laundering with Bitcoin. However, is it profitable and unsurpassed by the authorities? Definitely not, because Bitcoin is anonymous only superficially. Its structure makes it impossible to make it totally anonymous and indefinite. I would not recommend trying to do this to anyone because they may prove disastrous.

The purpose of which was to be the exact price seems pointless. And when it comes to when it's legitimate, there's no definite answer as to whether it will ever be. Fortunately, this is not Bitcoin's goal. Its goal is constant development and offering something that no other currency offers. This is the idea of ​​abandoning fiat currencies in favor of cryptocurrencies.

At this moment, Bitcoin is anonymous enough that it would be unfeasible for example to entrust your Bitcoins inheritance. Perhaps with the development of cryptocurrencies, it will be possible to connect some of the wallets for crypto, which would allow for the transfer of funds that would be lost. Everything before us remains only for us to wait for the situation to develop.

The exchange of bitcoins using reliable sources ensures the anonymity of transactions, as long as you carefully use Bitcoin there is a really small and dubious probability that the government or other state-owned organization will be able to sue you for it. It all depends on responsible and clever use of this cryptocurrency which ensures us security and continuous and undeniable anonymity.

I think that banks will be forced to adapt to the new competition and I'm certain that many of them will fail. Some people will prefer to use banks to store their cryptocurrencies because they were taught that banks are the safest possible way to keep money away from thiefs or any other dangers. People want to avoid bureaucracy and banks are not helping with that. Using a bank is more and more difficult because of new regulations which aim is to preven money laundering.

There are many people who at the moment are very losing to Bitcoine due to the decrease in its value. I, for example, bought Bitcoin in February this year when its price was also much higher than at the moment. It may be worrying that there is little chance that Bitcoin will ever reach the level from the end of the previous year. Then its popularity and demand for it was the largest in history, but now, due to declines in the value of many people, they withdrew from investments in Bitcoin, which strongly affected its price.