Both legal currency and bitcoin will be used for illegal activities, depending on the user's use.
Fiat currency is the currency that people have used the longest and is the most familiar, and I think it is still the currency that is most used in criminal activities.
Bitcoin will not destroy the economy. In more than ten years of development, it has brought more equality and fairness to human society and realized economic freedom. It has more value and benefits to people.

Cryptocurrency poses a certain threat to the national currency, and the decentralization of cryptocurrency is not controlled and influenced by the government.
National governments pay more attention to their own interests. Some countries do not legitimize cryptocurrency because they cannot control it or obtain benefits from it.
Bitcoin price volatility will also have certain risks, which will cause some economic losses, and it will not be accepted by more people.

No one can predict the future price of cryptocurrency. Many crypto investors are greedy. When the price of the invested currency doubles, they will choose not to sell but continue to hold. They think that the price can rise many times, but it may not be the case. The price may be Fell instantly. We can never predict the highest price of cryptocurrency, so we must stop the loss in time when we get a certain profit, so as not to lose more.

Many cryptocurrency newcomers may see a lot of negative news about bitcoin in the media news. They have misunderstandings and bad impressions about it. And bitcoin is a new thing in the financial system, and many people are unwilling to actively understand and accept them, and they will be cautious about these.
Under the current digital economy trend, many companies and institutions are gradually accepting the use of bitcoin. This will make more and more people begin to understand the value of bitcoin and the benefits it brings, and the strengthening of bitcoin consensus will also allow more Of people accept it.

Investing in any cryptocurrency has certain risks. Before investing, you must understand the market trend and choose the desired investment currency.
Choose a diversified investment method to replace a single currency project investment to prevent greater economic losses when investing in a currency loss.
When investing can use indicator analysis and develop a strategy that suits you, and set stop losses to avoid losing funds.

There is no strict quantity limit for buying bitcoins. If you trust and want to invest in Bitcoin, you don't need to buy a complete Bitcoin, you can only buy a portion.

Bitcoin provides equal opportunities for all investors, and when its price rises anyone can benefit from it.

Bitcoin is uncontrollable, and decentralization keeps it out of government control. Bitcoin can own personal assets without going through any third-party intermediaries and bring people freedom.
Fiat currency is protected by the government and controlled by the government, and the government can freely print more legal currency according to its needs.

He is right that most cryptocurrencies are fraudulent.

Many altcoin makers are mostly for their own interests, and they are projects that deceive and lure investors with huge profits.

Investing in these altcoins when they first appear may bring high profits to investors, but this is only to attract more investors. Over time, most cryptocurrencies will become worthless.

The forum is the best way to share learning encryption knowledge and obtain information from others. Browse the posts in the forum to learn more, and you can also post to ask for help answering questions about encryption that you don’t understand, so that you can enrich your knowledge.

The forum provides a lot of knowledge help for novices, sharing their ideas and learning from people.

Bitcoin has changed from a digital code to a digital gold that many people seek. Bitcoin is currently the most valuable digital currency on the market, and it is also the king of cryptocurrencies.

There is no central bank and government support behind bitcoin. The only thing it has is the consensus that people desire freedom. Bitcoin's technology has the potential to change the world, and its technology and ideas give people freedom. The advantages and reliability of bitcoin will be very successful in the future.

From Miami’s expression of support for Bitcoin to the launch of its own cryptocurrency, it has shown significant support for cryptocurrency and has a positive impact on it.
By rewarding holders of Bitcoin to encourage more users to hold and use Miami coins, it is conducive to the development of its own cryptocurrency. While increasing the demand for Miami coins, there is also a certain increase in the demand for Bitcoin, which drives up the price.

Bitcoin is a real opportunity to rebuild a fully decentralized financial system based on true trust. It is the gold standard in the crypto world and the foundation that allows computers to connect and communicate. As more and more people begin to use cryptocurrency, the support of institutions and governments should be of great help in accelerating the adoption of cryptocurrencies in mainstream sectors, and this feat is expected to enhance its value.
The unique attributes of Bitcoin enable it to surpass modern and ancient currency at the margin and provide a powerful impetus for its growing popularity. In particular, the effective combination of censorship resistance and absolute scarcity has always been a powerful driving force for wealthy investors to allocate part of their wealth to new asset classes.
Because Bitcoin can be easily transferred across borders and does not require a banking system, it has become an ideal currency for people who want to escape hyperinflation. In the next few years, as fiat currency continues to follow its historical trend towards the lowest point, Bitcoin will become an increasingly popular choice for global savings. When a country’s currency is abandoned and replaced by Bitcoin, Bitcoin will transform from a store of value in that society into a generally accepted medium of exchange. In the future, if Bitcoin eventually becomes the global reserve currency, then the first countries to accept Bitcoin will get the most benefit on their balance sheets.
At some stage in the future, will Bitcoin be the new gold standard and possibly become a global currency?

https://bitcoinist.com/50-years-later-why-bitcoin-is-the-new-gold-standard/

Bitcoin was originally used as a means of payment, but with the development of time, its price fluctuates greatly and it is more inclined to store assets in value. More than a decade of development of Bitcoin has made its technology more perfect and safer, and many investors in the crypto market choose to invest in Bitcoin. Long-term investment and holding of Bitcoin can obtain higher returns as its price rises.
With increasing awareness of it, bitcoin is now accepted and used as a payment method by many institutions and companies. Some countries even use it as legal tender for daily payments.

With the development of cryptocurrency, many countries have appeared their own digital currency, which has changed the world of the traditional financial system.

But the complete digitization of cryptocurrency is not fully applicable to every country. Cryptocurrency will not replace the traditional financial system, and blockchain can be introduced as a new technology and encryption technology.

Cryptocurrency will be affected by social media. The promotion of Bitcoin through social media has greatly affected the popularity of Bitcoin, and it has made cryptocurrency a trend and topic in most news. But some social media news may also be deceptive and damage the image of Bitcoin to a certain extent. Let some people who don't know Bitcoin mistakenly believe that it is an illegal scam.

The innovation of blockchain and cryptocurrency will bring revolutionary changes to the financial industry, will be able to effectively solve more problems in the market of traditional currencies, and truly provide the most creative and efficient market solutions to all participants Program.

• Bitcoin's decentralization is not controlled by the central bank and the government, it is completely owned and managed by the user network. There is no authority other than those who use and maintain the network.
• The number of bitcoins is fixed and limited and scarce. It will not be issued randomly like traditional currencies and can effectively alleviate the inflation problem.
• Bitcoin is open and transparent. The detailed information of each transaction that occurs on the blockchain can be accessed by all users in the public ledger.

I will also invest part of the funds in promising projects by analyzing various indicators of the crypto market, and then no matter how the price changes, I will choose to continue holding at the right time and obtain long-term profits. Although this requires a lot of time and money, it will get benefits in the end.
When the market pullback is really active and the price is rising through market analysis, I will choose short-term trading. Through short-term small transactions, thereby reducing risks and obtaining greater profits.

The huge potential of cryptocurrency and blockchain has been released, bringing many innovations to the traditional financial industry. Blockchain system technology can effectively solve traditional solutions by using payment infrastructure with higher security and efficiency.
Although blockchain technology is gradually being widely adopted in many other fields in the world, centralized organizations such as banks have existed for a long time. It will not disappear because of the emergence of new technologies. Banks may add blockchain technology to future improvements. Blockchain can truly support global financial transactions, including the future Internet infrastructure, which is difficult to achieve in a short period of time. Therefore, in a short time, the blockchain cannot replace the banking system, and the traditional banking system will coexist on the blockchain.

As a new form of assets independent of the existing currency and financial system, it is reshaping a new financial form. As governments in various countries use additional currencies to solve economic crises, Bitcoin's financial value and advantages independent of the existing monetary system have become more apparent. With the increasing popularity of Bitcoin, the digitization of payment systems and the demand for stablecoins have prompted countries to explore central bank digital currencies.
The interest in developing and using CBDC may highlight the role of Bitcoin in the global digital economy. The introduction of CBDC will force many institutions to consider adopting digital currency infrastructure, while also providing users with the popularization of the digital currency economy, thereby strengthening support for cryptocurrencies. If CBDCs gain traction, they may actually enhance the value proposition of Bitcoin and other digital currencies. Bitcoin will successfully penetrate the mainstream financial system and occupy an increasingly important position.

Blindly invest, chasing ups and downs. Many people are overconfident in investment, do not analyze market trends, blindly bullish to chase up, bearish to chase down.
Always covet the smallest short-term benefits.The price of the currency will change periodically, and a valuable and promising project currency will slowly develop its value after it has settled for a period of time. So take a long-term view.
Have a herd mentality for investment. Follow others to invest and always trust others, without self-judgment ability and selection criteria.