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1  Bitcoin / Bitcoin Discussion / Re: Even the Politicians have secret investment in Bitcoin on: September 16, 2018, 12:53:08 PM
I think that the politicians are using the money they receive from their accounts and stocks in Bitcoin for campaign budgets. Well, in order for them to win a position in government, national or local, they gonna need so much money for campaigns around the country. I am also curious why these politicians don't run out of money.
2  Bitcoin / Bitcoin Discussion / Re: How do we change the public's view of Crypto world? on: September 16, 2018, 10:21:30 AM
We can help to change the public's view of the cryptocurrency world through mass information campaigns. We all know that almost 97% of the people in the world use social media sites. By making great infographs with accurate data and seconded by logical reasons to support it, we can change the public's opinions about cryptcurrency, even gaining support from it.
3  Bitcoin / Bitcoin Discussion / Re: Bitcoin become an asset on: September 16, 2018, 05:44:27 AM
I think that Bitcoin and any other form of cryptocurrency are assets since the Merriam-Webster dictionary define asset as "an item of property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.". I think Bitcoin and any other form of cryptocurrency are fit in that definition.
4  Bitcoin / Bitcoin Discussion / Re: Can you use Bitcoin as a practical currency? on: September 15, 2018, 01:37:34 PM
I think that you can use Bitcoin as a practical currency than the current currency since there are business establishments and banks who are now offering cryptocurrency as a payment. I think it would be more economical than the current currency and less hassle.
5  Bitcoin / Bitcoin Discussion / Re: Why government announce bitcoin is illegal? on: September 15, 2018, 06:34:30 AM
I think that Bitcoin and other kinds of cryptocurrency destabilize the current currency of the government. I think it will be a ticking bomb to the government if the cryptocurrency continue to exist.
6  Bitcoin / Bitcoin Discussion / Re: how governments can regulate digital currencies? on: September 15, 2018, 03:52:46 AM
The governments can regulate digital currencies through two process namely: creating/reforming laws on cryptocurrencies and the government's central bank. These processes are effective in regulating digital currencies that are flowing through the country.
7  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin become the reserve currency of the world? on: September 14, 2018, 07:40:54 AM
I think that Bitcoin will not be a reserve currency of the world. There are back-up reserves in the international organizations and they are willing to provide incase of downfall of the world economy like The Great Depression of 1929-1945.
8  Bitcoin / Bitcoin Discussion / Re: What will keep people from getting into cryptocurrency? on: September 14, 2018, 02:44:40 AM
I think that the other things that will keep people from getting into cryptocurrency is the government. We all know that the prevalence of cryptocurrency makes the current currency of a country destabilized. Because of this, the economy of the country will fall into disarray, leading to the destabilization of the structure of the government.
9  Bitcoin / Bitcoin Discussion / Re: Guest Spot: Who or What Can Put an End to Bitcoin? on: September 13, 2018, 03:20:02 PM
I think that the thing or force that will put an end to Bitcoin is the government itself. We all know that Bitcoin is a decentralized cryptocurrency which means it is not regulated by a central bank. Because of this chracteristics, Bitcoin can destabilize the current currency that the government is using. It will led into lower tax/revenue collection, economic chaos, and ultimately, leading to destabilization of the structure of the government.
10  Bitcoin / Bitcoin Discussion / Re: Why do we need to regulate digital money on: September 09, 2018, 12:58:24 PM
I think that we need to regulate digital money is because Bitcoin strengthened the purchasing power of the people. Once the purchasing power of the people increase drastically, the laws of Economics will severely impacted, resulting into chaos within the country and destablization of the government.
11  Bitcoin / Bitcoin Discussion / Re: Your biggest bitcoin regrets? on: September 09, 2018, 10:52:43 AM
Selling my bitcoin for $3 last 2009 then it rose to $300,000 in 2015.
12  Bitcoin / Bitcoin Discussion / Re: I believe centralized coins will eventually win. on: September 09, 2018, 06:02:25 AM
I second his motion that centralized coins will eventually win than decentralized coins. I believe in this because decentralized coins will disrupt the flow of the economy of the country and it will cause destablization in the structure of the government.
13  Bitcoin / Bitcoin Discussion / Re: Who is Satoshi Nakamoto? on: September 08, 2018, 10:40:50 PM
If that's even his name. Just read the bitcoin wiki on him and I'm amazed. Nobody knows him.

Long time passed since he last posted in here. Why? "Busy"? I don't think so. He was active when bitcoin needed support but since the slashdot...
Also, it seems has knowledge in many areas, especially economy. He doesn't act like the average human. Not taking advantage out of his creation, leaving without telling anything. Is he even a single person or a group?

How can someone create something so great and not stepping out to get the credit?

I think that we will never know who is Satoshi Nakamoto but we can deduce from the name that he is a Japanese. That's all that we ever got. We can't find the person who wants to hide from us.
14  Bitcoin / Bitcoin Discussion / Re: Anticipation from the future ? on: September 08, 2018, 01:36:20 PM
:)Countries are divided into 3 groups: those who ban bitcoin, those who will regulate it strongly and those who will give complete freedom to development. The second and the third groups us well be satisfied with. This majority. It's enough to survive.Therefore, it is not necessary to look for negative outside of us. ; Smiley Smiley

I think that 3 groups will be prevalent in the future. There is a balance and harmony in the world and if a part or a sector dominates the whole, it will result into chaos.
15  Bitcoin / Bitcoin Discussion / Re: Are you aware that some Banks accept Bitcoin? on: September 08, 2018, 07:06:02 AM
Yo guys,
Are you aware that there is some banks that accept Bitcoin like Neteller or Skrill? I just discovered it so I was surprised.You can deposit your Bitcoin and use your Bank/Credit card to withdraw.
Now,it doesn't matter if Paypal adopt Bitcoin or not since it's primary competitors have already done so.*
What do you think?

I am not aware that some banks accepts Bitcoin. I think that it's ok for the banks to offer Bitcoin deposit since it will make the transactions easier.
16  Alternate cryptocurrencies / Altcoin Discussion / Re: Are old coins no more profitable on: September 07, 2018, 06:03:34 AM
There is a lot change going on in the coin market cap top 200 this days and I don't know if I'm the only one who's aware of it. Could you believe new (4months-7month ago) listed token/coin claimed much slot in the CMC top #200 list. Are those old project which belong to the spot claimed no more profitable?

Your opinion Smiley

I think that old coins are still profitable. There are many coin collectors and dealers around the world who travels, picks, and transact their needed valuable coins from these owners. Not only the old coin collectors are interested but also the curators of national museums. I think that they priced each coin 20% more than the coin collectors.
17  Economy / Speculation / Re: Will Satoshi sell his bitcoins? on: September 06, 2018, 08:59:37 PM
If I assume that Satoshi Nakamoto is a man of creativity and critical thinker, I think he will sell his bitcoin once the value of Bitcoin reach its highest value compared to other cryptocurrency and current currencies around the world. It can surpass the annual budget of several governments in the world, even the institutions like the United Nations.
18  Bitcoin / Bitcoin Discussion / Re: Why government announce bitcoin is illegal? on: September 05, 2018, 02:21:45 PM
We know Bitcoin is one of the powerful and top coin in marketplace.
But world wide all county are announced its illegal.
I personally think that bitcoin is very help us for paying any payment.
Its has many facility.
But our government are announced its illegal

I think that the government has critical reasons for making Bitcoin illegal. The most important reason why Bitcoin is illegal is that it destabilize the structure of the government, internally and externally. The government have its own form of currency to stabilize the flow of economy through the country and also to the world economy. When Bitcoin was introduced in 2009, it become a trend, rapidly reached the exact value of today's currency, even surpassing it. The government gives services and institutions to its citizens by collecting taxes from them. Once Bitcoin overcome the current currency, it will lower the value of taxes that the government collected. It will lead to disruption in the flow of economy, leading to major problems.
19  Bitcoin / Bitcoin Discussion / Re: Is cryptocurrency so difficult to understand on: September 03, 2018, 02:59:47 AM
I engaged with young people and layman people in my communities on the quest of exposing them to cryptocurrency. During the period I discovered that they find It so difficult to understand the concepts, they are so much acquainted with fiat currency and traditional ways of making payment transactions.
I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.

Cryptocurrency is difficult to understand for people who have little knowledge on technology and its components, especially in cryptocurrency. For those people who have access to better education and technology, cryptocurrency is so easy to understand. Also, the instructors, mentors, and teachers of cryptocurrency also plays a vital role in teaching the art of cryptocurrency.
20  Bitcoin / Bitcoin Discussion / Re: What if Government bans Bitcoins? on: August 25, 2018, 11:06:13 AM
Looking at the decentralized nature of crypto-currencies,Wonder if govt bans Bitcoins in future??Is it possible let's say by blocking all sites which relate to Bitcoin wallets/payments etc over the internet.In that case what would happen to our existing coins held in those wallets??

I think that the money already invested in Bitcoin will be forever gone since there are no back-up system to give their money back. It will stabilize the current currency of the government, therefore lowering the inflation rate. It will also generate more revenue and taxes from the people.
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