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I don't believe that the one world currency or the one world government is possible, but I believe Bitcoin can be the reserve currency like the US dollar nowadays.
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The price is about $55-60K for a long time. There is no sign it will go up or down soon.
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It's so strange. Some crypto exchanges serve Bangladeshis, but the government discourage using cryptos.
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I've heard that some people called 2020 new 2017 because Bitcoin dramatically gained more value. I hope 2021 won't be like 2018, and Bitcoin will go to the Moon.
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Bitcoin won't become more user-frendly one day. Don't know how it works? Read about it.
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My current research led me to these options: Exodus, Infinito, Ownr, Atomic wallet. "The best wallet" is very relative term. All HD wallets vary just like hodlers' needs. And it isn't correct to compare a giant like Atomic to Ownr.
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Am I the only person here who is interested what will be with GHOST?
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There is no room for stability in nowadays world. Bitcoin is very volatile and risky as a result. If you need a stable asset, invest in gold.
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When the authoritarian country starts using Bitcoin (or any uncontrolled assets) that means the government can't make something else to save the collapsing economy. Why did Venezuela switch to crypto? Venezuela president Nicolas Maduro says the country is to start using cryptocurrency in both domestic and global trade, as part of efforts to neutralize crippling U.S. economic sanctions.
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Unfortunately, my country isn't crypto firendly like most countries in the world now. Bitcoin is still associated with the shadow economy. People aren't educated about it or cryptocurrency in general.
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In the future it might be better if the money is not from debt. Money may come from services performed, such as miners, who confirm every transaction and get the reward. and all of that is not controlled because of decentralization.
It sounds like a good idea for utopian financial system, how can it be realized?
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I'm looking for a reputable multi-coin wallet for Mac. Any suggestions?
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It isn't needed to prove that a private key is yours. "Your keys" means that only you have an access to them. When you store coins on exchanges or custodial wallets, you aren't the real owner of your keys. In other words, coins aren't yours too.
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Sounds like a bunch of old people trying to legislate something they don't understand.
That's true. Russian government considers Bitcoin as shadow economy payment method. They believe that Bitcoin is mostly used for buying drugs.
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Exodus is pretty good. It offers multi-coins support, build-in exchange (but the fees are high) and 24/7 support. I don't like that you’re not able to choose the fee of your transactions. Some smaller wallets like OWNR provide the option to set variable transaction fees. p.s. Exodus doesn't require passing kyc
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Between the third quarter of 2019 and the first quarter of 2020, the amount invested in more than doubled — from $388.9 million to $818.5 million. If "smart money" on Wall Street is finally starting to pour money into crypto, this tendency should continue. Investors are loosing confidence in fiat money.
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I don't think that grocery markets accepting Bitcoin will be so popular in the future. It's a cool startup idea and can improve crypto adoption, but it isn't very convenient for retailers.
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It depends on what you mean by saying "living without banks". It's possible for a single person, but the banking system at whole can't be eliminating.
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Bitcoin shouldn't be fully anonymous because the anonymity wasn't in its white paper. If Satoshi had wanted to make Bitcoin 100% untraceable, it would be private now. But the lack of anonymity won't help with Bitcoin mass adoption.
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There is no the only one correct answer. Because I'd say that Bitcoin is a commodity, or store of value because of its high volatility which makes it not a perfect medium of exchange. But Venezuela's currency crisis demonstrated that Bitcoin was an innovative solution.
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