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I have told the close friends and relatives about prospects and opportunities with cryptocurrency. Who has become interested in that I help further.
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Ive read an article about Bill Gates saying that cryptocurrencies kills people. He explained that crypto provokes people to hide thier financial transactions from the government, and revolutionizing terrorism, financial crime etc. Some people use crypto to buy drugs, bombs, guns that are use for drug dealing and terrorism that kills people 'in a fairly direct way' I think Gates is somehow right about this. But i think it depends on the people who are using cryptocurrency, if they will use it in a good way or in a bad way. What do you think? Link: https://www.google.com.ph/search?source=hp&ei=MJaWWv70CoH-8QXDvLO4Bg&q=cryptocurrency#scso=uid_PpaWWoLdHISa0gTusbDYDg_9:117The next attempt to blacken cryptocurrencies. Maybe you will tell that nothing can be made of the aforesaid by means of dollar or euro? |
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I store in the usual text document copied on several carriers. I add a quantity of symbols to all important keys and passwords known only to me.
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Everything will depend on time for which the bitcoin will reach such cost. If it is the short period - I will unambiguously sell that.
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Money is one of the important concepts, This section talks about money from the perspective of microeconomics.when people exchange goods and services without using money, this is called barter. "I'll cook dinner if you'll do the dishes" is an example of barter. Imagine an economy in wich i can sell services as a consultant to banks, but what i want is to buy a new suit. the clothing store that sell suits does not have any use for my services as a banking consultant. i sell consulting services for money, and i buy a suit using money. money serves as a medium of exchange. the bank does not sell suits. how can barter work?
People had survived with barter system so it is possible. I do not think it would be as convenient as current system , perhaps that is why it evolved. Barter was relevant until the objects used in use was at least. At complication of any sphere barter becomes almost impossible. For this reason money has been thought up. |
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Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and of course the security. Do you guys think this could happen in the future of bitcoin?
Such time has already come, at me in the smartphone applications from banks which allow to make money transfer practically in any place are installed. With bitcoin will be in the same way. |
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Of course can. And most likely taking into account development of cryptocurrencies it will surely occur. Progress doesn't stand still.
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Obviously limited quantity, the highest resistance to a fake, convenience, speed and freedom of transactions. And it is only a minimum which is remembered at once.
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If life gives you a lemon, then get tequila and salt  . Study, improvise and be not afraid to risk. The bitcoin gives you the tool for achievement of the goal. |
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The bitcoin is stabilized and will be used as a standard for other altcoins. Influence on Fiat considerably will grow, or in general will replace him.
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Unambiguously won't be able. Poverty it in most cases only a consequence of laziness of the person and even if to give him means of earning money, he all the same will be is lazy.
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Practically in any kind of investments there are risks to lose or a part of an investment, or completely. And bitcoin to that not an exception. Study the market. remember the principles and then try to invest.
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Drugs are bought for dollars, but nobody calls dollar currency for illegal operations.
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Most likely the price is stabilized after get all bitcoin. At least this influence will be completely excluded.
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It becomes sad when you realize quantity of the bitcoins lost forever... Make backup copies, write wills, think of the future
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Everything depends on the potential of concrete altcoin. Sometimes it is worth holding, sometimes to sell even at minimum price. Such issues have to be resolved individually on each coin.
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There is no benefit from the ban of bitcoin actually. Transactions will pass to the black market. Instead the state can impose a tax and get from it profit.
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At the moment dollar - the most widespread currency in the world. Therefore are guided by her at the indication of the current price.
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