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Other / Off-topic / Re: Soon we would not need banks
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on: September 23, 2018, 12:03:26 PM
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I don't think so but rather about 90 to 95 percent of world population would no longer need banks. Cos 90 to 95 percent would be the people that would easily understand and adapt the concept of crytocurrency while the remaining 10 to 5 percent would not find cryto to be interesting. At the same time it will take saveral years for crypto to replace banks completely
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Bitcoin / Bitcoin Discussion / Re: What if Government bans Bitcoins?
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on: September 17, 2018, 05:37:58 PM
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Yes it is possible for government to ban bitcoin but I think if there should be a ban on bitcoin it will not be world government. Cis most government will understand that they are the peoples government and their people are into bitcoin rather they will find a way to harmonise the difference
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Bitcoin / Bitcoin Discussion / Re: How can we make people accept bitcoins as a currency?
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on: September 17, 2018, 05:13:48 PM
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Though there are many fake and scam coin now whw have created fear in people but I think we the bitcoin community has embark on a proper evangelism to enlighten people on the real truth about bitcoin ,what it is like now ,what it will look like in the future because we are into it and knows what it is and by so doing we will make people to accept bitcoin.
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Bitcoin / Bitcoin Discussion / Re: People call bitcoin a fraud or ponzi scheme
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on: September 17, 2018, 05:03:11 PM
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You know this' a free world and can say what they felt like but the truth remains that bitcoin is not a ponzi scheme. Maybe is a fact that they are misinformed about bitcoin.in my summary bitcoin is not ponzi and it is far better than ponzi scheme
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Bitcoin / Bitcoin Discussion / Re: the benefits of managing bitcoin
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on: September 13, 2018, 03:11:21 PM
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Managing bitcoin can be of great benefits because when you are a manager of your bitcoin it will give you a sense of releife,making you to ignore the present situation or price of bitcoin and focus on the future.
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Bitcoin / Bitcoin Discussion / Re: Bitcoin is the world’s 6th largest currency
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on: September 13, 2018, 03:02:25 PM
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Bitcoin is a very strong currency and it interests the most that it is not controlled by any government of which I believe draws people to it and what will draw countless number of people to it. Surely few years from now it could be the number one.
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Bitcoin / Bitcoin Discussion / Re: The truth about bitcoin
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on: September 11, 2018, 05:28:54 PM
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Bitcoin is a popular virtual currency and part of a trend toward currency digitalization and decentralization. price volatility signals that bitcoin is not a stable currency which makes it a risky investment. But always be positive while taking a decision
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Bitcoin / Bitcoin Discussion / Re: Is Bitcoin safer than banking?
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on: September 10, 2018, 04:40:14 PM
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Yes of course , if your bank's encryption or firewall are not strong hackers can break in and make away with your money or sometimes bankers themselves do steal peoples money and run away bout bitcoin is not like that you are just the controller of your money with your private keys
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