As many of us in this community, I think it will slowly become more popular, not just as a store of value, but also as a truly considerable payment option, a real competitor to Fiat money.
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I do not really feel, it is a competition between these two in the blockchain industry, and do not think their governments even would want to win, they have different, more realistic "battlefields", crypto will gain more space in more "open minded" countries in my view.
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Bitcoin was created in the last big crysis, kindof like a solution to global problems, I think Bitcoin is still out of the global economics trends, and it would perform well in such a global crash, or at least better than other assets.
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I would not say it is not exciting, seeing Bitcoin so stable is very interesting to me. And yes, prices have dropped, but that is what bear market is about, and I never thought, that bear market is such a bad thing, we need these times as well, if prices would always just go up, it would surely pop out, as many people states, this is just a bubble, but it is not.
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If you are somewhere from the western countries, than learning an asian language can be a very good idea. I personally learned English, german, spanish, would be nice to know some asian language too, but do not feel the strength, that I can do it, seems to be very difficult to me with these different characters, but very useful indeed.
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We may not see a bull market this year, but the longer we wait, the stronger the next bull market will be, but I do not think we need to wait another year for that to happen.
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We can not be sure about what will happen, but can can hope, and believe, that price will be much higher in the future, than what it is now, and also, Bitcoin will be the part of the culture, a well accepted asset, known by most of the people.
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It is a good sign, if governments want to do something about cryptocurrencies, and it is not about bann, destroy, … it. Looking forward to see national cryptocurrencies, even if I am not sure if they are realy needed.
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With globalization, these differences can get smaller in my view, the world is "getting smaller", and so new opportunities rise to people, who need, and are willing to break out. But all people will never be truly equal unfortunately, that is not going to happen IMO.
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For me, it is true, I have studied economics in the University, not sure why I have chosen it, I think I was just interested in mathematic, finance, and these kindof things.
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It is a general problem, which will be solved by the time IMO. One problem is, that stores do not accept Bitcoin, if so few people would pay with it, but as there are so few stores which accept Bitcoin, adoption of people is also slowlier.
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It depends on the mentality of the child in my view. Some people are borned the be a "business man", and so it is nice to support, and teach them to be succesful in it, while other people are empleyee types. I would not say any of them better, the world needs both mentality.
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My plan is to buy more cryptocurrencies, when the bull run really begins, but I do not feel like it is happening right now, and we can see, it has neither began in july. A couple nice days does not mean bull run IMO, I think it will last for months, or even a year, but not sure when it will start.
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Truly, inflation is an accepted part of the economy, but let's not forget, that the salaries are also rising, and not just the purchasing power decrease. So it is a little bit different, than what we see in cryptocurrencies, where prices fluctuates more rapidly. So all together, Fiat is still more stable, but it does not mean of course, dollar is a better investment, than Bitcoin for example.
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I think it is OK, if somebody do not care, or believe in cryptocurrencies, we are all different, and so if my friend has different opinion (which happens quite often, crypto is really not for everybody yet) I can live with it.
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Would say USAcoin, but this is not really a realistic question IMO. If all the countries launch their cryptocurrencies, which they control, than it is not really different, than traditional Fiat money.
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Surely, it does help, but it's role is not that significant yet in my view. Big companies rarely accept Bitcoin or other cryptocurrencies, because the volatility could kill their profit for example.
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We have cash for hundreds of years now, and it is still not outdated. I can not say, Bitcoin will not be able to become outdated one day, but we will not see that IMO, it will happen so far away from now.
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I do not think there is such a think, that we can not afford Bitcoin yet, maybe not a whole, but everybody can be part of the journey. Investing in smaller coins can also make sense, but we must know, most of them will not get to a level, like Bitcoin.
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We are making virtual money payments nowadays too, but not very often, and mostly for crypto related assets I guess. For wider adoption, we probably have to wait more, patiently, it can not happen instantly.
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