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Probably yes. Bitcoins, or cryptocurrencies for that matter, can become the future of money for transactions and transfers. It also helped people earn more by investing some of their money into bitcoins, as long as they are aware of the risks involved.
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We, and some of the current generation, will be long gone before we even know if bitcoin still going strong in a hundred years. It's hard to predict it accurately, most especially since bitcoin's value may change at any moment, for better or worse.
Maybe in a decade or two, the world finally accepts bitcoin.
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Aside from the obvious with it being the first cryptocurrency, it is also the fact that its value grew bigger through time. And now it's getting everyone's attention.
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As a major subject in college? I don't think so, since all of the information they need to learn about cryptocurrencies are readily available all over the internet. It is worth only as a mention maybe, but not as a major subject.
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No, it's never a good idea to quit your job when you know for sure you can get an income from, no matter how small. Whenever you have spare time, you can use it to explore and learn more about bitcoins, and maybe then invest some of your money in it for extra income.
Just remember that bitcoin is extremely volatile and it might not last forever. So keeping your job is still important.
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I'm not completely certain about the bitcoin's status in 10 years. It could still be around with its value gradually increasing higher, or just simply disappear. But from what I can see so far it's still going strong, so let's keep it that way!
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It is extremely unpredictable. There's no way to tell the increase and decrease of the bitcoin's value. You just need to be aware and keep observing.
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I think it's not yet offered to be included in part of the college computer subjects from where I come from (atleast, that's what I know so far), but that'll be a pretty neat little addition to educate teens and young adults more about bitcoins!
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In some way, yes, it changes the world a bit. It helps some people investing their money in it and earn big in return if done right, they can keep, transfer, and make transactions with bitcoins online where it's available, and it's much secured.
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I think it's not possible to reach 10K by December. Like they said, it's unpredictable and a slight change can make a difference, yet it shows increasing little by little. Probably in 2018 it will.
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There's no way fiat money will ever disappear. Fiat money is still good for the simple fact that it's physical and doesn't need access to the internet, also the government won't allow it to happen.
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That's very nice of you, and it's a very great idea. I'm sure our children will benefit from our investment in the future. I'm just worried at the fact that bitcoins are volatile, so there is a risk in the long run.
As for safekeeping the information to pass it on to your children, maybe in your last will, perhaps? As long as it's extremely secured, and have someone you can really trust to keep it for you so they can give it to your children when they get older.
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There's no contest here. Bitcoin is the most preferred coin because of its high value. Dogecoin is just a joke coin that anyone can pass around for fun.
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Hi Tactic. I just got moved to Member rank. Please update my entry in Sig Campaign spreadsheet. Also updated my Sig.
Entry #77 Renai0925
Thank you!
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Both yes and no. I think digital currency could replace paper money in the future and it's the most convenient way to carry your cash around. But it'll take a very long while for that to happen, and there's nothing wrong having paper money with you incase if something goes wrong accessing your digital currency.
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I really like that whole analogy about bitcoins, and it's a nice way to explain it to other people how it works. Now I know that analogy is just for simplicity for an average person to understand, but explaining this to an actual 7 year old? Let's be honest, kids will be kids. They're too young to even grasp its concept. I'm pretty sure as I finished explaining that to them they'll barely remember the details because they're not interested at all.  |
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