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1  Economy / Economics / Re: Tell me your predictions about Bitcoin on: July 06, 2015, 01:50:28 PM
What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?


Bitcoin works in a similar manner to a commodity such as gold. When a currency struggles or an economy suffers in a recession, the value of BTC will increase because it serves to be an alternate store of value. In 5 years, I can see BTC potentially becoming equivalent to gold as a go-to store of value, if not a better one.
2  Economy / Economics / Re: Is it better to save money or invest it? on: July 06, 2015, 01:41:07 PM
Both are important in managing your finances. Personally, I think dividing your assets is the way to go. A certain percentage in investments, a certain percentage saved, and a certain percentage in cash.
3  Economy / Economics / Re: Can bitcoin really save Greece? on: July 06, 2015, 01:28:53 PM
There's no quick fix for a failing economy. If there was, many other countries in similar situations would use BTC to save themselves as well. Personally, I see BTC as just a means of temporary 'damage control'. The fact of the matter is that a digital currency will not pull Greece out of their overbearing debt.
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