Yes, I think that governments should make an action right now, Japan will be the most advanced country in the next few years, one of the reasons here are the legalization of bitcoin, because of this, Japan's economy would be more advanced than any other country, and this is why countries should make an action as early as possible.
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Governments are furious about this, because cryptocurrencies and bitcoin are not being taxed in countries, and now that some countries have legalized bitcoin I am now pretty much sure that governments will take advantage of it and will be taking bitcoin in the taxes, I think its gonna be a fair thing since the government will be also get benefits from it.
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I think not about that, as far as I am concerned these folks should learn bitcoin, we should educate our own people about bitcoin, its not about the complication its about knowing bitcoin and cryptocurrency, we should even educate them about this, why not right? bitcoin is not illegal why not share it to everyone, let them know that bitcoin is real and educate them that bitcoin will benefit you, its not that hard, even ordinary folks or people would understand it.
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This is a very interesting post, to be honest, in my own point of view, If other cryptos continue to improve their value and price I am going to have no single doubt that another crypto will be replacing bitcoin, but as of now bitcoin and other cryptocurrencies are going very well, in my owen speculation bitcoin is gonna be the main crypto for a very long time.
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Yup, these are one of the numerous reasons why bitcoin is about to go up, but one of the more reasons I can give you why bitcoin has a shot this year on rising up. First thing is that people are continuing to understand bitcoin because of social medias promoting cryptos and how great of a benefit it could be to the people. Second thing is that people are starting to realize that bitcoin is real and is not a scam. Last thing is that bitcoin would be a great alternative payment system.
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In my very own opinion, I think that ETC has far more to go before it replaces BTC, but I think that ethereum is a great alternate way to make investments, and if you are not satisfied with the way btc goes and its problems then I think might as well try using altcoins like ethereum, It is actually great, and offers great security also, and its value of price is also great as bitcoin do also.
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Not exactly cash will be extinct, but would be used less for payments and everything, if cryptocurrencies continues its glide, I'm sure that cash wouldn't that much of a use in the future, but I would be glad to see if governments would make something out of this problem and I do wish that they won't neglect cash in the future, I'm sure it can be heavily used.
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As far as it can get, Bitcoin has been standing strong since 2012, every year bitcoin gets more and more known through every country, as of now, people have knowned bitcoin, some had think of bitcoin as a scam, and some people think of it as an alternative income through their lives, and as far as of bitcoin's journey, it has helped a lot of people, and this is why bitcoin has a lot of potential.
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Yes, Bitcoin is a better payment system, since it does not demand for anything, the only problem in bitcoin is that the transaction fees, and the transaction might take you several hours depending on the wallet and the location you are, next is the transaction fees, again some wallets bear with fees and some does not.
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I think that the future of ethereum is bright, I think that ethereum can top off bitcoin, with the privileges eth has tonoffer and the price is actually decent, might as well make ethereum as an altcoin that is probably good for investing, the future of ethereum can either be a downgrade or an upgrade, every altcoins have risks and Indo hope risking with ETH would be worth.
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First learn about crytop,altcoin,bitcoin etc in this forum. If you really understand and get enough for you level, you can try join a bounty..choose the easy bounty rules when you can do it.like a bounty campaign and signature campaign. Just share and like in social media and post
I'd like to add something here, yes whilst you are a newbie you are going to learn alot, while you are ranked as a newbie why not start making posts, asking questions frim every thread here, everything in this forum is all you need actually, you can learn how bitcoin works and also how crypto works in ways, altcoins, mining, everything is in this forum, make good use of it, and avoid spamming or making shit posts, reminder you can also be banned here, that's why be cautious, and enjoy learning crypto.
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Yes bitcoin is legal on some countries, in my last check on the web, 15 countries have legalized bitcoin, some countries like japan, italy, canada, uzbekistan, and more countries, one country I know that banned bitcoin is china, and some more countries out there, I just hope that governments would learn to see the true potential of bitcoin and how helpful it is to a country and to a person.
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In my very own speculation i think that bitcoin in the next 10 years would be better and i think that cryptocurrencies in the next 10 years I also think that bitcoin is widely known in the world, might as well make bitcoin the primary currency of every country, as every country's currency can still be used, people would likely be more to rely on cryptos and bitcoin.
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A lot of countries actually are friendly to bitcoin, one of these countries are Japan, Italy, Singapore, and many more countries, this is wherein bitcoin has been knowned, and I think that this is the start, this year might be the start of something unique, something that people and the government will like, hence economy would be likely to become better with the help of bitcoin.
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There are lots of alternative wallets, mostly wallets that are connected to blockchain as well, some wallets offer their own currency of their country, with this said, alt wallets will be able to convert btc onto their own corresponding currency, and some alt wallets offer you more security, I don't think that all alt wallets have the ability to do this, but for the sake of your bitcoins choose the wallet that will offer you security and legitimacy, this is important, especially if you are holding a huge amount of btc, take care.
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Legalization of bitcoin has begun actually, Japan has legalized bitcoin these past few months and are actually gaining a lot because of this Japan's economy has been better than ever, I actually hope that more countries will continue to legalize bitcoin and altcoins, I honestly think that if a country will legalize bitcoin, chances are that the economy would rise, and the poverty would be less.
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Bitcoin actually saves a lot of problems in this world, third-world countries actually has a bigger potential on getting to know cryptocurrency and bitcoin, since the economy is likely to be very low, people would be starting to make an alternative, which is bitcoin, I noticed that mostly of bitcoin users are from a country that deserves more, with the help of bitcoin their lives would likely to be better than before.
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Altcoins are not the risk of investing, yes there are lots of altcoins, but I think its not about the altcoin, Its about how you put the time and effort to that investment, make sure it is legit and it will take alot of time for an investment, all you have to do is choose the right altcoin for you and look at the prices in the market.
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Yeah, I was discouraged at first by my family, because of reasons that bitcoin is fake, bitcoin is nothing but a scam, and cryptocurrency isn't real, but I proved them wrong, I made some deep research about bitcoin, studied it, and found this Bitcoin forum, in this forum I've build my way up and had the chance to participate in my first ever sig. campaign, after the week of my campaign I showed my family the Bitcoin I earned in the past week, they finally believed me and was shocked with the bitcoin I have earned, before going into conclusions, I explained to them what I was doing and explained to them that it is legal and there is nothing to worry about, after that they opened up their minds about btc and fully respected what I was doing with my life.
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I think altcoins that has a big potential to grow and rise is ripple, ethereum, and litecoin, basically for me I see the potential in these 3 altcoins, amongst all altcoins they are actually on top, you can say that I picked these 3 alts because they are on top, but what I am saying here is that the ones who will be remaining on top will be these 3 alts, amongst all alts, they have the potential to grow.
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