Governments are already creating their own centralized digital coins, and an example of this may be Venezuela Petro. However, this coin is said to be provided with oil. We are also interested in how an ordinary centralized digital coin will behave, which is not guaranteed by anything. While such experience we do not.

I can not now say I would invest in the centralized digital coin of my state. Everything will depend on what kind of coin it is, what characteristics and conditions of circulation, how freely it will be used, whether anonymity and many other circumstances will be preserved in it. If this is unknown, then it is impossible to give an unambiguous answer whether I will invest in it. The state can not be trusted in this plan. On the use of crypto currency, the state and citizens have different approaches and interests.

I agree that more attention should be paid to using bitcoin as a means of payment, rather than investing in it to raise its cost. Increasing the cost of bitcoin is actually a way to a dead end, which eventually leads to its depreciation if the cost of bitcoin reaches very high price values. At the same time, it will deal a very serious blow to the image of the entire crypto currency. Therefore, we should pay more attention to bitcoin as money, and it is with this that it is still a big problem. We want bitcoin to grow in price, but its functional quality is very low. In fact, now, bitcoin can not yet be used freely as a means of payment for goods and services that are insignificant in value. How can we then expect its significant growth in price, if it does not perform its usual functions in due measure. It can grow under these circumstances in a price only at the expense of artificial demand for it, that is, we ourselves make a financial bubble out of it. And while still wondering: where it comes from.

The problem of regulating the ICO process has matured and overhauled for a long time. State bodies and public organizations needed to deal with ICO regulation for a long time to get rid of fraudulent ICO projects and protect the rights of investors. Slowness in this issue from the state just surprises. Maybe, the states hope to show citizens that crypto currency is a fraud and it should not be carried away. Also, states are in no hurry to legalize the crypto currency so that citizens have the opportunity to apply for the protection of their rights in state bodies.

In general, yes. Bitcoin is very difficult to understand for ordinary citizens because bitcoin is in a virtual digital world, it can not be seen and shown in practice, and the process of its extraction is too complex for an ordinary person to understand that a random number is calculated, which, at the moment, costs about ten thousand dollars in the technology envelope of blockchein technology. An ordinary person has a completely different idea of ​​money, which has evolved over the centuries. Crypto currency is not entered into this general idea, it is an absolutely new type of financial mutual settlement, which differs radically from the existing views on money. Therefore, the whole previous experience of the idea of ​​money here is not applicable. An ordinary person, in fact, must take all this for granted, as a religion, because to look at himself and to check it in practice is very difficult.

Despite the high volatility of bitcoin, if you look at its price for a year, it increases many times over, and therefore even simply keeping bitcoin after purchase brings a much larger profit than any world's banks can with the storage of ordinary money in deposit accounts.
If you want to increase your profits, you can periodically sell bitcoin when it rises very much in value and then buy at a significant price drop. This method is very effective, but it involves certain knowledge of trading on the exchange and the availability of free time.

Of course, maintaining a spreadsheet campaign's electronic spreadsheet is very important, since it allows you to see that your messages are taken into account, which means your work is not wasted. However, I had many cases when the spreadsheet was not maintained during the ICO, and the counting of shares and tokens was made simultaneously, and as a result, the ICO campaign was successful. The ICO projects for the participants of the generosity campaign are like a lottery, here you can lose, or you can win. Predicting in advance the ICO result is very difficult, regardless of whether you studied the ICO project and its team, or not.

If we take into account that only a few percent of people know about the crypto currency in the world, then of course, it is likely that 99 percent of the world's population will consider cash in the best and safest way. In order for the crypto currency to successfully enter our life, it will take a very long time, maybe even more than a decade. because this process is very complex and not painless. Crypto currency has a lot of advantages, but it also has its drawbacks. In addition, it is generally very inconvenient for states that can not but completely control.

If Sweden plans to abandon the use of cash by 2023, this does not mean that it will happen. Although Sweden really can get it. From the cash paper money can be discarded in a high-tech society with high incomes. In this case, people can switch to the use of various non-cash cards and other forms of non-cash payments, including the use of crypto currency. I'm pretty skeptical about this plan, because I think that in life there are a lot of cases when you can not do without paper money. I personally do not even know how to manage without paper money.

This time has already come. Now bitcoin slowly and with slight hesitation began to rise up, and after him the altcoyans also reached out. Therefore, we can finally observe the entire market of crypto currency in green. We had to wait almost four months long for bitcoin to finally grow after his last fall. During this period, probably, many lost faith in the crypto currency and sold it to themselves at a loss. Remained only those who believed in the possibility of bitcoin and crypto currency in general. For such people a good period of earnings begins.

Participation in ICO projects can make a very good profit if the project is successful. At the same time, investing in these projects has always been and still is quite risky due to the large number of fraudsters in this activity. Therefore, in order to raise the ICO projects to a new level, it is necessary to regulate this process in order to make it transparent and protect the rights of investors. Although this problem has ripened long ago, little has been done to regulate it.

In this situation, the answer is obvious. If there is no electricity, even if you have the Internet, you will not be able to carry out transactions in the crypto currency. The transition to higher technologies makes us very vulnerable from the possibility of using such technologies. Any global catastrophe in this situation immediately throws us away in its development. Therefore, the lower the technology, the lesser consequences will be for people of different disasters. The higher the technology, the less a person will be able to survive in global disasters.

Of course, when people panic, they provoke others to question their people so that they sell their crypto currency, and they themselves can do it. With a significant sale of crypto currency, its price will go down as the supply will increase. As a result, the currency will fall in price.

No, I do not think that the fluctuations of bitcoin will ever decrease significantly. Two factors - the decentralization of bitcoin and its lack of security, when its price will be formed only on the basis of the ratio of supply and demand, will not allow this. Demand and supply will always be volatile and will always depend on various news factors. Moreover, I think that bitcoin's volatility will only increase with an increase in its price. This will always be influenced by people with unstable psyche who will be wary of their significant savings in the crypto currency, and with various negative news will sell them and this will affect the lowering of its rate. Other persons such a reduction in its price can be perceived as triggering negative news and this can cause real panic when people massively sell their bitcoins. Under such circumstances, the bitcoin rate may drop very significantly. This can happen many times. Therefore, volatility will remain very large.

If we talk about bitcoin, or another digital currency as a single world currency, then this is hardly possible. States can not unite around a digital currency. For millennia of the existence of states, they have never joined in a voluntary global union. All the great empires were formed only by forcibly joining the conquered territories. Even now, in a civilized age, states can not come to an agreement and are constantly in conflict and even are at war with each other. Therefore, I do not believe that someday all states can unite and use a single digital crypto currency. If this can happen, then only in the very distant future.

Unfortunately, now bitcoin is far from the best payment system for everyday purchases. Perhaps it will become so in the future. We are promised by September to introduce a network of lightning, which can significantly improve the speed of its transactions and almost zero commission fees. I also read that in the future it will be possible to bring a mobile phone at any retail outlet to the reader and it will shoot a certain amount of bitcoin for the purchased purchase. That's when, perhaps, bitcoin will become the best payment system.

Bitcoin will always be exposed to high volatility because it is decentralized, that is, it is not managed by any central authority and is not provided with anything, and its price is formed by the ratio of supply and demand, which are always not constant. Proceeding from the absence of any mechanism that supports its stability, one should also expect that at large price values ​​of bitcoin, the amplitude of its price fluctuations will only increase. Then it will be a real roller coaster and there will not be a place for nervous ones. They will sell their bitcoins themselves and run away from it, seeing how its price falls by thousands, and maybe tens of thousands of dollars a day. By the way, such nervous people can also ruin bitcoin, provoking such actions panic, which may well lead to its depreciation.

In general, ICO projects are a good way to improve and diversify the crypto currency, and people to provide additional conveniences and opportunities. Therefore, the activities of the ICO as a whole are very necessary and useful. From the point of view of the ICO team, this is an opportunity to raise large sums for the implementation of its project, but if it was a team of scammers, then raise money for their needs and deceive investors. From the perspective of the generosity campaign participants of the ICO project, it is a good opportunity to earn free token issued by the promotion of this ICO project.

Partly your friend is right. Kryptovpljuta, with the exception of monero and some others, is not completely anonymous. In addition, now will begin mass regulation of the crypto currency by various states and such regulation will, as a rule, include the duty of identifying the individual when making transactions with the crypto currency on exchanges and exchangers. Thus, the anonymity of the crypto currency will be rather arbitrary. Therefore, the Crypto currency is good for making money, partly for storage, but it is advisable to output it to fiat and spend it in fiat.

While bitcoin has not reached too high price values, it may well be a repository of value. However, if it exceeds the cost of 80 000 - 100 000 dollars, I most likely will not invest in it as a value depository. The fact is that, given its high cost, people will be very worried about the decent money invested in bitcoin, and with each negative information about the crypto currency, some of them will panic and sell their bitcoins. At the same time, the bitcoin rate will decrease. Someday such a situation can provoke a real panic and then bitcoin can fall to the level of its depreciation. What then happens to bitcoin as a repository of value?

The crypto-currency market, without any doubt, will soon recover and will grow and bring revenues to both traders and all holders of coins and tokens. Perhaps the current rise of the bitcoin rate to 8,478 dollars will be the beginning of the recovery of the crypto-currency market. As for investing in the top ten or twenty digital coins specified in CoinMarketCap, then, of course, they should be invested, though not all in a row, and they will bring their profit. However, I prefer the new tokens that I earn in the ICO generosity campaigns. Sometimes they give a profit that these coins can not give. Some unpromising tokens I control in bitcoin, ethereum or less often in such coins.