Technically, high school is where most students tend to discover their passion about their lives, which is the crucial stage for determining their future. Teaching at least a background in cryptocurrency on high school will supplement the students with the right understanding and knowledge if they want to pursue such degree in the future. Not to mention, with the digitalized age slowly embracing into the world, who knows that maybe in the future countries will adapt electronic money and dispose the paper money system.


You are right but I have my reservations. Being able to exposed them at an early age about cryptocurrency would give them the idea behind how it works. Due to the hype of media, I guess that most of these students have an idea about what bitcoin is but not about its function and use. Most of them know about its skyrocketing price but the they tend to ignore the actual use of it, which is to provide convenience in transactions and not just some investment tool.

A lot of implications will happen if cryptocurrencies were to be regulated in the future.
Frst, prices would be somehow stable and less-volatile since it will be regulated by government-created departments or institutions;
Second, the government will need to accept its legality and function into the society and other countries must conform with this acceptance for a wide-scale implementation;
Third, it will benefit the general public and the government economically, as it may provide job opportunities and employment if they offer cryptocurrency-related work or matters; and
Fourth, since prices would be less-volatile, expect its price to decrease in some point wherein investors would look for another alternative to earn income.

Technically, bitcoin is considered as an asset wherein people would acquire it hoping that its price would skyrocket in a given amount of time. Some countries (like the Philippines) even considered it as a property and not legal tender!
Compared to other investment mechanisms, acquiring bitcoin has the highest total yield of interest in a short amount of time. But what makes bitcoin different is its nature and regulation. It is intangible, volatile (which is subject to country prohibitions, etc.), unpredictable and decentralized.

I do understand where he is coming from as most famous investors are inclined into the traditional way of investing but everything has to start from somewhere. Bitcoin can be regarded as the next type of investment in the digital age where it has the potential of becoming a standard currency in the future.

In my opinion, there will be a phase wherein it is inevitable for an individual to lose while trading as it becomes your teacher/leaning experience to improve all sorts of methods and strategies. If you are a beginner in trading, you are really bound by the natural law to lose resources at some trades. Despite being diligent, intelligent, patient and keen, you are bound to lose somewhere along the road. Due to that error, that is the time where you will develop strategies and techniques in order to prevent or at least mitigate the damage of your trades.


I agree. A trader should know all the risks that he/she is putting himself into as you are playing your resources with the presence of risks. It is impossible for someone to not lose money in the process of trading. Everyone has to start from somewhere, even millionaires fail on their attempts. It is in the matter of attitude on how you deal and cope with these problems.

Regardless of whatever reason that is, gambling ultimately results to someone being poor or rich mentally/financially. Most of the gamblers gamble due to the hope that they are clinging to, meaning they view it as a way of alleviating their financial struggle by relying on an unpredictable means of acquiring money. Gambling creates this illusion wherein an individual is stuck on an endless loop, thinking that they can lift themselves up from their current position to a better position financially. But in the end, it only makes their situation worse, not just financially but also spiritually and mentally.


I agree. Relying your financial status on an unpredictable outcome would only result to an individual losing more and making his situation worse. If one is stuck on this problem but he/she thinks that they can lift themselves out from this situation, then there is this conundrum that is present.

The only time that inflation would take place is when they adapt bitcoin as its standard currency in a country. Bitcoin, in developing countries, has benefitted them economically due to various reasons, such as:

• Bitcoin has provided numerous job opportunities for under all classes in the society;
• It has been made as an alternative to all people in earning extra income;
• Most developing countries have started to accept bitcoin as an alternative means in paying monthly obligations due to its convenience and it has benefitted the economic; and
• Bitcoin can contribute positively on the liquidity of a country's economy.

Despite all of these positive effects, some countries still fail to adapt bitcoin as an alternative currency due to political and economical reasons relative to the country. Lastly, I believe that bitcoin can be made as an alternative currency in the future due to its platform- the blockchain technology, may be further developed and explored to maximize its benefits.

Generally, the nature of bitcoin is its decentralized nature and volatility. Bitcoin has been used as the main currency under the dark web in purchasing illegal products, activities, services and drugs. Since it is decentralized, the government cannot regulate its usage and utilization under the market- which explains its volatile price. This is the reason on why some countries prohibit the use of such since it affects their criminality, especially in underdeveloped countries.


Due to existential crisis and media, it created a stigma towards the usage of bitcoin, which resulted to world-wide prohibitions of some hegemonic countries that significantly reduced its price before. Well, this depends on how each individual views bitcoin, whether for investment purposes or as an alternative currency.

Though bitcoin may be better than gold in the perspective of yielding income or for investment purposes but there is ONE thing that bitcoin lacks, which is COLLATERAL and SECURITY. Remember that gold has been around ever since time immemorial and people considered it as the boon of investment. Another thing to consider is that gold has been backed and regulated by the government in order to prevent abuses.
In adherence to this, bitcoin's value is very volatile- meaning its price may vary without any given notice. Not to mention, the current status of bitcoin is sensitive wherein if a country prohibits its utilization then its price would be significantly affected.

Lastly, gold is an tangible asset compared to bitcoin, which is intangible.

You need to distinguish your NEEDS from your WANTS and you need to establish a financial goal and a concrete plan towards your daily-monthly expenditures. Mostly, it really boils down to your perspective and attitude on how you handle your finances. Typically, people usually spend more if they have the means of sustaining themselves. If you feel like you are spending too much, then the realization would help you into learning your lesson to not SPEND MORE.
Basically, self-control and self-discipline should govern your mind so you could manage your resources better.


Thank you for pointing that out. Reading learning materials in relevance to financing can improve the basic financing of an individual. You should maximize your resources in order to sustain your knowledge about financing.

I believe that there are certain universities that accept and offer extra-courses and electives relevant to the development of bitcoin and the blockchain technology. The question is, will that make a difference? Absolutely. Currently, the blockchain technology is a complex system that contains a plethora of unknown details and information, yet to be discovered by scholars or professionals. Having enough knowledge for the development and enhancement of cryptocurrency would benefit not only the market but also the system. People may discover breakthroughs that may affect its price, or even convince the government to adapt to the digital payment.

Two perspectives: the business side and the individual.
For the business, gambling can be very profitable as it attracts mostly users of legal age, and people who have the monetary means. With its name, gambling is also a risk to most casinos as it purely revolves around luck. But mostly, some gamblers tend to over commit their boundaries resulting to an influx of betting which ultimately leads to their downfall. Regardless of what the status may be, a gambler would always go back to a casino.

For the perspective of an individual, gambling is a double-edged sword wherein one may profit from it depending on their luck, and others may feel that the odds are not on their favor. The problem with most gamblers is that, some think that gambling may solve their financial struggles or needs by relying their money on risks. This creates a problem to the society since it creates this endless loop of them going in-and-out of casinos hoping to recover their losses.
Another perspective are mainly for the gamblers who see it purely for entertainment. They gamble primarily for leisure. Regardless of their winnings/loss they typically do not care.

This is what I tell most newbie investors to diversify their investments in cryptocurrencies. Now, there burden is to look, observe, and research about the cryptocurrency that they would want to invest on as it requires extensive patience to look for the right investment. Bitcoin, as the reigning cryptocurrency in the market and at the price, should be their priority when it comes to choosing. Ripple and Ethereum are also good choices as they have shown positive results over the past few months.

If you invest $1,500, you will gain 0.16 btc (I used the current price of bitcoin which is $9,300). Assuming that after a month, the price of bitcoin increased up to $11,000, your investment of $1,500 will gain at least $300 of profit. This is all assuming that you withdrew and exchanged your coins back to dollars. Now, think if you acquired 1 bitcoin during its $9300- now that's a profit!

Technically, the volatility of bitcoin is what makes it reign on the market over the past years. Its value may decrease due to certain events and circumstances, but it would recover soon after. The problem nowadays is that, people tend to generalize and conclude that bitcoin will end soon, which I think is far from happening. Just to give you an example, last month the prices of bitcoin were around $7,500. Currently, its price is sitting consistently around $9,500 and will reach $10,000 soon.
That is why, bitcoin may hit the bottom for 2018 but it still is a good investment option for short-term yield/profit.


What makes the society skeptical is the media and collective influences from other investors as well. Most newbie investors who do not even know about bitcoin (who just invested without having to search for its background) tend to complain about the recent price drops, where in fact, it is a common scenario in the market. They tend to post threads about 'bitcoin ending in 2018' etc. which makes everyone else skeptical!

Are you sure that you want to become a full-time trader rather than a part-time one? Being employed means having a stable income monthly which can support your trading platforms and devices. Though being a full-time trader may yield better results in terms of monetary value, the risk is higher. Personally I would stick to my current situation and make trading as an alternative method to earn extra income. The skills, knowledge, and abilities you learn inside a company cannot be quantified and replaced as work experience may have the potential of promotion in the long-run.

This is what I am talking about ever since.
Gambling creates this illusion wherein someone is stuck on an infinite loop, hoping to recover their losses by gambling again! This mindset is common to most gamblers as they see this process can recover their losses, when in fact, it only worsens their current situation.
When you are stuck on this situation, you need to learn self-discipline in order to know WHEN TO STOP. Since you have nothing to lose anymore as the you have insufficient funds for transportation, might as well go for it and learn from your mistakes. If you win, then stop! If you lose, then stop gambling and move-on.


Most gamblers realize the fruit of their decision once they are stuck on a predicament wherein they have no choice but to pick their poison. Most gamblers that I know learned self-discipline and self-control due to a bad history of losing. That is why, experience is the best teacher in life!

Technically, the money that you earn from faucets have a trade-off, which is effort and time. It may be considered as an ‘easy-money’ but you still committed time on it.
Obviously, there are things in this world which are free and are not. The air, sunlight, shade from a tree, or any natural resource which man did not create are free. About the ‘free money’ scheme, it still isn’t free as like I said, you used time and effort in order to get it.
Gambling is more than money, rather it affects the attitude and mindset of a person wherein it draws your inner desire to gamble more despite what the result may be.

I am not really sure on what countries in Africa are applicable in order to embrace bitcoin as an alternative currency, with respect to their economic status and land point. Considering that most countried in Africa are suffering and are categorized as an underdeveloped country, they cannot adapt a digitalized form of payment wherein most of their population does not have access to the internet.
If the government plans on embracing this system, they have to prioritize this over other practical means like infrastructures and technological advancement reforms. I highly doubt about it anytime soon

Diversifying your investments may be a tactic in order to maximize your profits whether for short or long-term perspective. Another method would be participating into campaign signatures as it may provide you bitcoins weekly which are more reliable compared to other methods. Another option would be doing trading or providing services under the market place to people who specifically needs something or someone. There are a lot of ways in order to earn or acquire bitcoin, what comes into place is the right attitude and mindset over it.


My core principle in investing: never to sell/exchange my coins from a price lowered from what I acquired them initially and the only exception would be of an emergency or a financial struggle. Last month, prices of bitcoin were around $7,200 and currently, it is sitting comfortably around $9,000-$9,700. One could have yield profit in a short-term perspective and it might even reach $10,000 like what you mentioned.

In fact, it is the other way around currently!
To answer your question, bitcoin can govern the whole world in the aspect of payment and transactions. Currently, we use the standard form of payment which is fiat for our daily transactions and exchanges. If countries will slowly adapt and embrace the digitalized form of payment in the future, we might use bitcoin as the main ledger or trading platform across all transactions happening.
Though this situation might be ideal, it is far from happening right now due to a number of reasons especially when we focus on the underdeveloped countries (since they cannot fully implement and change their payment structure without prioritizing their technological means).

Bitcoin whales certainly have a factor contributing to the decrease in the price of bitcoins as they control most of the market due to the law of supply and demand. If they increase the supply by selling most of their coins, they would be able to manipulate the demand, thus lowering its price. You do also need to consider that government prohibitions among hegemonic countries affect the price of bitcoins to a certain degree. Lastly, media hypes the bitcoin over but it also influences most new and old investors to diversify their investments into different altcoins, which in return, affects the price.