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I think banking is safer than bitcoin. There is no worry that money in the bank is going to go away. Also, the bank can guarantee the funds against any fluctuations. However, you have to watch over who you are dealing with for bitcoin. It is up to you to choose banking or bitcoin. Or you can use both banking and bitcoin.
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I don't think government will legalize bitcoin. The government may not want a currency that would be difficult for them to tax. Also, there are worries that bitcoins be used for money laundering. Probably, the people will use the bitcoin in some parts of their transactions even though the government will not legalize.
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I think blockchains will create a better world can be realized under a few conditions. First of all, this technology takes time to be accepted and legalized by countries. Most people associate blockchain with cryptocurrencies, but the technology is not limited to exchanging money and can be applied to almost all areas of our lives. Then, people need to understand how to use this technology. Then, they will be able to apply to most all areas of their lives. Slowly, blockchain will then create a better world.
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I think it is not true that we would not need banks. The bank's role will just be different. I am sure that they will combine with crytocurrency to provide many who use the bank a different kind of payment service.
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Bitcoin is more now a commodity and is bought for resale in the future. On the other hand, currency is used for payment and trading. I believe it will take time for bitcoin to become currency.
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Bitcoin is not for certain people only. Bitcoin can help everyone. I will suggest people without much money to start at the bottom by participating with bounty campaign to get capital. Then, start trading after you collected the capital. Bitcoin is a long process that takes time.
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It takes time to get to the medical industry to get used to bitcoin. In my own opinion, bitcoin is still on progress for payment system. As other countries continue to approve payment for electric bills, water bills, and many more, hopefully payment for medical industry in bitcoin will be accepted soon.
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I think the countries' governments are afraid the banks will no longer apply to society and bitcoin cannot be controlled by government. If bitcoin might replace the banks, the currency in that country can be worthless. With all these reasons, the government is illegalizing bitcoin. Also due to bitcoin was often used for misuse of transactions and payments, many countries may feel that bitcoin is illegal.
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People easily judge bad things when they don't understand that thing. For them to understand, to know what bitcoin is capable to do, they must study first. Then the next step is if they want to make an investment in bitcoin.
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I hope this will flourish the growth of blockchain in asia.
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They might get scammed when they invest on bitcoin. They value what is the bad news but don't search for reliable source.
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I think we always need bank. Bitcoin is a digital currency and it is not allowed to every country.
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Financial companies are willing to transfer some of their operations to Bitcoin is a good sign for the currency's future.
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I hope more asian countries will open doors for bitcoin.
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This is an giant company accepting cryptocurrencies and only the beginning of mass adoption on a large scale.
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People are already discovering different opportunities with bitcoin in financial business.
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Banks will always be there because not all people are interested in bitcoin.
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If the people invest money that they do not mind losing, they are not foolish.
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I think people and market control the price. The price will go up when the supply goes up.
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I think bitcoin has not yet reached its goal. Bitcoin is popular with many people who are interested for many reasons. However, it is still banned by some countries.
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