For now i am still not experience that my account was hack unlike in perfect money that someone are trying to hack my account.. i hope in bitcoin our money are safe.. so that we can save our bitcoin for a long time..

I see more and more Alt coins and also Blockchain based technologies being developed, where privacy is destroyed to make room for

better features { Faster confirmation for transactions & user-friendly GUI } We need to consider if we value privacy {pseudo anonymity}

over better features in the future.

The attack angle from these competing technologies seem to be speed and ease of use. Will you dump Bitcoin for improved features in

other technologies and in the process sacrifice the financial privacy you have with Bitcoin?

Just curious how you see this, and what you will do, when these technologies hit the scene. They are currently a bit behind, but they are

catching up VERY fast. 

Lets see, I suspect that if it goes mainstream payment providers will start accepting bitcoin using some kind of payment card mechanism such as a credit card, most merchants have access to such a terminal - and access to BTC via the same terminal will be a very simple way to adopt. Of course, you can also use a BTC credit card now which effectively does the currency transfer for you. I think Xapo have one.

Time and time again I hear Bitcoin advocates claiming that it is superior based on it's technology alone.


"It requires vision."





 

My goodness 22.5BTC was a big amount and good savings that can be considerate. I can say dude that you are one of the successful bitcoin enthusiast here in bitcoin world. I only got 0.8BTC for a couple of months since I joined here this year only.

Of course i don't want and this is very bad idea unless bitcoin will finally get stable price, and bitcoin will be accepted anywhere, then maybe yes, but at the moment no

You are probably aware of the recent news about removing the fiat money for good and building up the cashless world.

Have you thought that bitcoin maybe the first step of this utopia? What if CIA behind this project? Would you still keep your money as bitcoins? Would you trust them? Do we know who the hell is Satoshi Nakamoto? I suure don't.

There is one big danger ahead. If the paper money gets removed, you will have no choice but to accept to get paid in crypto currencies. And to the big point:

If you keep your money in a goddamn computer, the government can rip you off instantly if they wanted it. I am not saying they aren't doing that already as most of us are keeping their wealth in the banks. But cryptos will make their jobs easier. Much easier.

What if bitcoin price rises to 1.000.000$ and gold and USD become literally worthless? That's when bitcoin will be the world currency, and people gonna realise that gold is just a stone, USD is just a toilet paper.

Your won't have another choice but to store your money only in crypto, because the other choices will be worthless!

 I am not sure if that's a good thing. Being dependent so much on computers just scares me.

I do not think that what you are saying is true.  I do not know how did your friend acquire that $2M and he do not know how to invest it?  People who are rich do know how to make more money than all of us.  They are good in financial analysis and strategies.  If he have those huge amount of money he will not ask someone how to gain more through bitcoin.  I mean he will be using bitcoin to earn more but I think he will read more and search things connected to bitcoin by himself.  He knows exactly what to do and will not accept someone else's opinions since he had make or have that $2M.  He may go directly to companies who were into mining or investing.  And if he have $2M maybe he is more and far richer than those mining/investing sites around the net.