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It seems that the several months we just stayed at home will be wasted. I'm afraid that this will only make the people at risk and the pandemic become more worst. However, I do understand why the Government decided to open up now the economy and loosen out the restrictions in any borders. Because, we are running out of resources and they can't give aid to each people. If we remained locked, poverty and hunger will gets higher in a certain country. So, maybe we will just follow the safety protocols and keep the proper hygiene and cleanliness to our homes and our community so we can avoid the virus while getting along amidst the crisis.
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Its a great idea for me. However, the first thing to be consider is the total adoptions of bitcoins in a certain community or country that you are living. If you think its widely used and more popular in your country, then it would be better. I agree with the one above that said that several payment options would be great. Bitcoins wider and bolder usage is rapidly spreading and I'm sure that your online store could attract more buyers from crypto world, so push that risky yet brilliant idea!
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Liquidating the privacy coins into fiat cash is one of the biggest barrier to them because they can't stay completely anonymous while using internet at some point they will leave their traces which could be never erasable.And also not much of those criminals doesn't know the existence of cryptos that is why they prefer hard cash over banking transactions.
I agree with you. Some criminals preferred cash or physical money rather than crypto currency because I believe that some of them have no knowledge in crypto world and they might get caught with just a wrong move that they will make. This criminals just wanted an easy to use money that is why they tend to always choose fiat for a sure spendable money, anytime and anywhere. |
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Bitcoins benefits are too many to mention based on each individuals personal experiences in Crypto world. Indeed, this brilliant creation of Satoshi Nakamoto has gone a long way and continuously amazes us time after time. I believe that Bitcoin is being made to be famous and widely used by many individuals with all the liberation, convenience, and more profits it offers.
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This is a great topic that we should need to consider sometimes because the world now is heading to much highly digitalization. And as part of being digitalized, I think that fiat or physical money will be out of the way. Maybe if this will happen, bitcoin supply will be unlimited in order to cater the demands of the people across the globe. Have you ever imagined as well that the "Suggested Retail Price" of our essential needs will be a bit higher or unstable each day? Well, I just feel it would probably goes like that since we all know that bitcoin is volatile by nature so the prices of goods will be unstable for sure depending on the market movement and the supply itself. Its really hard to make an imaginary scenario in purchasing life's necessities without fiat. However, if it will ever happen in the future, things will be slowly implemented in a gradual way.
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My vote will be Maybe. Honestly, I can't decide so easily especially this things is just new in PayPal. However, buying Bitcoins in PayPal platform seem to be great according to few individuals testimonials and I guess, it brought some excitement to others to buy there too. But for me, I think I will have to wait for a couple of months or a year maybe before I will try the new service of PayPal to better gather more reviews from several investors.
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This is really disgusting. Scammers will never stop doing their evil deeds. Few months ago, my cousin had been victimized by these bitcoin scammers. She is just new in Crypto world and didn't even tell anyone about the bitcoin investment that she wanted to try. She loses 500USD before she realized its a scam. I felt sorry for her that she easily believes those too good to be true offers. We really need to be careful and don't ever trust anyone so easily to avoid this scammers.
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You are right. We need to be more productive and find some ways to earn and survive amidst of this pandemic. Here in my country, we can't rely completely on the Government because we are an over populated country with only limited resources. So, it is necessary for us to stand on our own. And I am proud to share that we Filipinos are very hopeful, resourceful and full of strategy in any hard situation that we are facing. Since the lockdown was implemented here in the Philippines, most Filipinos had started a small businesses through online platform. Selling different kinds of goods that will meet the needs of the people within the certain community, is a great idea to feed each families during quarantine time. I believe its really not easy to start a business, but we just have a positive mindset and faith, we can make it. A huge capital is not necessary, even a little amount will do together with a strong faith and courage. If we'll work much harder and be wise in our daily spending, we can definitely grow our business beyond expectations.
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I agree with it. US elections has a huge impact in the whole world, whichever between Republican or Democratic Party may won. However, I strongly believe that it won't affect the movements of Bitcoin in the digital market. Because Bitcoins movement cannot be controlled by anyone. I have faith that the price will continue to go up throughout this year. But still, we cannot really predict everything...we better see what will happens next.
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To say that Bitcoin is a Scam is the worst thing that you'll ever did. Why? Because it is Not. Think of all the growing numbers of people who keep on using and trusting bitcoin across the globe. Those people who keep on getting more profits despite the negative thoughts about Bitcoin. I think, its not right to always think that bitcoin is a scam where infact, we are still here in this platform...and it means that we are bitcoin believers and we earned from it. It maybe used by some scammers to implement their evil deeds but it cant change the way how we trusted it.
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Yes, exactly. The world are more highly digitalized since the lockdown started in any places and followed by different types of community quarantines that restricted us from going out to avoid the physical contact with each other and to prevent the rapid transmission of covid-19. This strange time had taught us that everything can be done virtually. Though some of us are not used to it, especially the modern businesses, work and study from home. But despite the struggles, like the internet signal here in our country which is so slow and unstable sometimes...yet, we have faith that we can make this things possible and yes, we learned digitalization and getting used to it now.
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Unfortunately, we cannot stop this scammers to do evil deeds to us. But, I believe that we can avoid them, by not trusting so easily, if they will offered something too good to be true. We can be cautious by this kind of people, especially that money is really hard to earn in this strange time. We need to have a sense of discerning what the topic is leading too. Being cautious is the best way to avoid this scammers.
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When you are going to ask millennials like me, my answer is definitely yes. In this modern world where digitalization is highly pushed all over the world, I believe that bitcoin is highly needed as part of the economy growth and to better improve the Country as a whole. Bitcoins great features can really help every individuals to have a financial freedom aside from the advanced digital payment method that it gives to us. And I believe that people in the Blockchain industry really need it.
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Bitcoin is being made complicated to every individual who didn't know more about it. Its not really easy to understand if you are not interested and willing to learn everything. But, if you have all the interests to know more about Bitcoin, you can do some research or talk to Bitcoin and crypto enthusiasts for better understanding. I think, its just how interested you are with something, made you understand and learned easily. Your actual experiences along the way will make you smart and learn more in Crypto world.
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This two somehow confuses the minds of the people who knew less about bitcoin. But for me, bitcoin will be simply understood as a digital currency that we cannot hold from our bare hands and cannot be used in the mainstream world for a daily spending. It has a big value that can be converted into fiat anytime we want to in selected exchanges and payout centers across the globe, from then we can actually hold the fiat/physical money that comes from intangible crypto currency.
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Bitcoin investment is pretty awesome but risky. And taking loans just to implement your plan in buying bitcoin is more risky as it may seems to me. However, if you are 100% sure and believe your capabilities in paying your loans whatever the results of bitcoin movement in the market, then you can probably proceed with this risky technique. I think I must called it twice risky. Because if anything went out negatively along the way, you will carry the burden of losing an assets and the burden of paying your loans monthly amortization which turned out into nothing. But, it's just a negative scenario of weighing things out if you will consider. Its still up to you to decide which is the right thing to do.
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Exactly. Some people easily believe to anybody else that is why they tend to be fooled and terribly failed in the end. I also don't like the idea of borrowing money just to put up an investment. I will rather use my own money if possible and carefully study the market movement, listen to other few opinions and then follow my gotfeel, my mind, so whatever maybe the result with my own actions, there is no one to blame of. I, myself will be accountable with my own decisions and deeds.
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