Many people today says about lots of people became rich because of bitcoin accessed. Yes it is true, but as what i have noticed the people became rich are on how they sacrificed their time and effort on accessing bitcoin by way of trading and investing. By putting large capital on investment. In this kind of social industry or investment there is a lot of different strategies on how to earn bitcoin, but sacrifice and patience are highly needed in this kind of business       
 but i surely agree that there are many people became rich because of bitcoin.

Oh! that's really true, peak season is a rapid selling of bitcoin that's why the price is going down. In a holiday season, people are highly needed a cash money which used on celebrating their family bondings that is why it affects also bitcoin price moving down.

It is hard to eliminate banks. The existence of banks in different countries are passed many decades. For me the existence of banks is link also to cryptocurrencies, there is a lot of banks accepted transactions from bitcoin. So for me there is no need to eliminate banks without any qualified reasons.

The effect of bitcoin into banks deposits is growing up, many people earn from bitcoin are keeping their money to the banks, and the economy also developed and improved because of the total income of people who access bitcoin, eventhough the income from bitcoin are not directly collected a tax but still the bitcoin can contribute to economic development because the money from bitcoin will used to transact some businesses in public or in governments businesses.

In business transaction, we must know who the customer really is. But in bitcoin transaction there are some privacy that no need to display. In a relevant to the question above it was stated that there are some rules in other country like U.S.A that beyond limits of transactions will be reported to government. In every countries, the laws implemented are not totally synchronize the same laws. So if you are in living in a certain country which the laws prohibit to made transaction beyond limits therefore we aware and adopt the rule of laws.

Many people are member of wealthy family and those people can afford to invest large capital in bitcoin, so therefore as they are already a wealthy people and can afford to invest large capital and gain more profit so meaning the more the manier. The more capital the more incomes returns. If you have a lot of money already and you invest it into bitcoin, you become more and more richer.

It can cause lesser people made transactions in banks. Particularly, cryptocurrencies are more easier to access by using directly hand gadgets. If that will happen, some banks have a lesser transaction and income. In cryptocurrencies, we can made immediate transaction and payments, and it is opposite in banks transaction that before we make transactions we must travel and used enough time to reach locations. In cryptocurrencies, we can access just even at home.

For me, it's not too late to invest on bitcoin today. Many investor on bitcoin today are continued investing on bitcoin, because they think positively on what benifits they get from bitcoin by gaining and earning more profitable income.

Bitcoin is only similar to medium of exchange , bitcoin is not actually use as a medium of exchange, today our medium of exchange is money but if we access bitcoin it will also convertible to cash money, so meaning bitcoin is not really much as a medium of exchange but we can used it to make money. So, in my own idea bitcoin is not used as a medium of exchange but we can convert it into medium of exchange which is the money used. No governments banks endorse bitcoin as a medium of exchange rather than money.

It can help people working abroad especially OFW by way of a fastiest and easiest sending of money by using apps in gadgets only. By sending to their family in other countries. Bitcoin is non taxable so it helps people on abroad to lesser their payment of every transaction that being made by sending of money to their family.

Bitcoin is really a good experience to young people, especially those who being active accessing bitcoin. Young people are active and fast learner, they can learn easily the strategic method on how to earn bitcoin. Many young people now are very particular on social media access, they are all anvantage on how to create initiative by way of access. So bitcoin is a big oppotunity for them in terms of financial income.

If i am the leader of a certain country my strategy of developing economic system is by way of proper system of taxes. Established and developed agricultural insfrunstructure projects, developed more industrial business and mostly improved services and communication. These are four ways on how to developed economic system of a country.

Just only joining campaign without investing and trading to evade the total risk. The total risk of bitcoin is on the price rise and low and many investor react because they got losed of their total capital invested. But this is a nature and neccessary only that price of bitcoin will fall and down but it will also rise. Patience  and more strategy is needed in this kind of business.

The true answer are only found on the organizer and the main source of bitcoin if they stopped and end bitcoin digital currency. For me, as a bitcoiner only, I cannot assume the reallities of what bitcoin will happen soon. All i can say is, we must think positively of what bitcoin now continually benifited to us.

Demonstrate bitcoin to the kids on how to register and access it. Tell the kids of what bitcoin being helpful in terms of assets and income. As long as earlier teaching the kids about bitcoin it must be better than late. That's the way i am, and the way to teach my young kids.

The reason why people invested on bitcoin it is because they want to gain additional income. Some people also invest on bitcoin for the purpose is to get direct access with the fastiest transaction being made by using coin wallet. Some people also access and invest bitcoin for the purpose is to collect more bitcoin and holding more bitcoin and they sell it when times come that price will rise to earn double profit.

The negativity around bitcoin are many people afraid to use and access bitcoin. Many people doubt on what bitcoin really is. But for me, as a bitcoiner im not thingking the negative effect of bitcoin but my purpose is to earn bitcoin and focus myself to become rich someday by accessing bitcoin all the time.

I choose bitcoin instead of cash it is because bitcoin is easy to access cellphones  to computer or laptop by way of transactions, sending payment or sending money from abroad without hussle transaction. Just only using by my own gadgets without going out, no need to go banks or money sender like mlhuillier. As long as we have wallets apps... We can easilly access fast.

The challenges of bitcoin this january are mostly some banks warned about bitcoin investment. As what banko sentral ng pilipinas said, that when we invest bitcoin, it results to possible losses. It is because, bitcoin price is so risky or rise and fall.
But for me as a bitcoiner, it is normally happened that price of bitcoin will rise and fall, even the price of bitcoin unstable but i still benifited from bitcoin by joining campaign.

Btc is really a good experience for young people, especially for those young people that know's on how to access bitcoin because they earn and gain financial money which comes from bitcoin campaign and some other activities like investment and trading.