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Of course, it all people all around the world use Bitcoin, It will be shortage. Because just having 21 million Bitcoin is not enough for 7 billion people. But, as a matter of fact, there is only one tenth people of all the world using Bitcoin. Moreover, the price of Bitcoin now is approximate 6500 USD- a big money.
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Yes, of course. In the world,some states apply Bitcoin in education. I think in the near future, people will use more Bitcoin in payment, enhance its value and invest more in Bitcoin. Least but not last, Bitcoin can make income for people.
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The faster is not the safest.The speed will not demonstrate the value which Bitcoin owns. As you know, the price of Bitcoin is higher than many other coins. And the procedure also spend a lot of time creating one Bitcoin. Thus, the time of Bitcoin is slow that easily understand.
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The price of bitcoin is at least 6000 USD so mining Bitcoin consumes a large amount of electricity which easily understand. Besides, mining Bitcoin also wastes a lot of time and money in official technology computer. For me, the only rich person trades in cryptocurrency, I mean that trading Bitcoin need extremely much money ( billion dolars ) . I think the people who dare to invest in BItcoin will not worry about this problem
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Cryptocurrency was a new major which happened about twenty years ago. Even now there are quite many people have never heard about it. Thus, I can not say that cryptocurrency is neither difficult nor easy. If we search much about something, you will be expert on this major. And Cryptocurrency is the same. Let's change Cryptocurrency to become your major.
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For me, crypto is whether dangerous or not depending on how to use it. If you understand clearly about it, you must not feel dangerous. But, you spend alot of time on Cryptocurrency, and don't care about your work, it is very harmful. Therefore, I just think that you should change your schedule and have a better life.
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It seems CEO feel confident about their major with Bitcoin. Did they state that Bitcoin will dominate the currencies all around the world?. But with this situation of Bitcoin now, I see just a bluffing. Bitcoin can not be replace money soon, at least, it needs a long long time to replace almost money all around the world.
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As far as I concerned, Gold is a type of natural resources which owns much values. However, Gold is finite. When people run out of Gold in the future, they must find the substitue themselves in order to trade and store their assets. And, it's Bitcoin. Nevertheness, I can not say that Bitcoin is worth more use of gold because each of us also has different functions. Therefore, it's up to using purpose, we should choose properly.
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We all know that Samsung is one of the biggest companies all over the world. That Samsung is going to accept bitcoin is the good news for the Bitcoin market. This will force the development of Bitcoin. I hope that Samsung will spread widely around the world.
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As far as I concerned, China is more worthy to the top than US. Because China is the most trading Bitcoin with the extremely crowed population. However, there are some prohibitions which makes China is banned.
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Recently, in the world, some companies accept transactions by Bitcoin. However, Bitcoin can not replace money anyway. Money is popular all around the world for people from poverty to richness. If Bitcoin and money were exchanged, it would be difficult for the poor to use Bitcoin. I mean the ethnic minorities will not have conditions to research on BItcoin. Therefore, we still really need banking to contain money.
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That's the problem which is of a huge of people. In this situation of Bitcoin, nobody can guess the weird of Bitcoin in the future. Some people can continue to invest in Bitcoin, the others also withdraw out of this crypto market. So, what things you will choose? You should believe that your choice can impact on bitcoin.
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