As you can see, it is possible for a country who first dislike and disapprove on cryptocurrencies to change their minds and realize the need of cryptocurrency. Now that France, also other country who see crypto like this before but now trying to adopt it, it's also possible for other country. It's becoming more vivid that more countries will slowly accept bitcoin and other coins.
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It's normal because they are just following the rules and what higher people instructed them to do. Since they are not allowed to disclose such information. They cannot risk the whole company just for one customer asking them. Like others, they are just working at binance. It's normal to be concerned about it as a customer but we have to understand them as well. Is their reputation isn't enough to prove their company? Because if you are not contented, then don't stick with binance.
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As a good citizen we have to pay tax for developing our county. But if you really want to hide , it's a must to have a hardware wallet to avoid hacks or phising to you wallet because a wallet with high amount of assets might targeted by hackers
This is also a good option if you don't want to risk your money on highly volatile currency, as well as hackings. Or just go with stable coin. But why do you really want to avoid tax when it's part of being a citizen? I see this as one of the reasons why the governments are either trying so hard to stop cryptocurrencies in their country, or trying so hard to regulate it so they can collect taxes because they know how big your asset in crypto can get. Because we're so persistent in avoiding tax
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They hate Satoshi because they are jealous! Why would you hate someone who didn't do anything bad to you? Unless you're jealous... Satoshi Nakamoto deserves to be respected. He actually deserves the credit for creating bitcoin yet random people are claiming to be Satoshi. That is already a disrespect for him. Even if they will keep on hating on Bitcoin and Satoshi, as long there are people who supports and trust Bitcoin, it won't bother Bitcoin.
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For me it is the future.
I also believe that the true value and importance of bitcoin will be appreciated in the future. Since bitcoin is still aiming for mass adoption, still only few people compare to all people around the world knew about it. In the future, I can see that we will all end up using crypto. Maybe we're dead when that time comes. People still need to appreciate bitcoin more in order to see its value. For me, bitcoin helped me to earn and save money. It helped me provide my needs. It opened my mind about digital currency, and it gave me knowledge not only about technology, but how life works. Bitcoin now becomes an important part of me.
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I don't have enough knowledge about accounting pero kung sakali, personally I think mas appropriate sya to be recorded as intangible asset than inventories. Since sa inventory, kadalasan ginagamit sya directly or indirectly sa pag gawa ng product. Which is hindi naman para dun ang crypto. For intangible asste naman, kadalasan ito yung mga patent, trademarks na may value. I think mas fit dun yung crypto. Pero f ever cryptocurrency will be officially accepted even for businesses, for crypto users maganda sya pero imagine accounting students and CPAs will find it hard since they have to study and understand the nature of crypto as well. Implementing this will also include some laws about taxation of crypto. And since may accounting principle talaga tayo na sinusunod, siguro pag mas naging widely accepted ang crypto, maidadagdag na ito dito. Since nag labas na ng memorandum ang SEC at may guidelines na para sa classification ng cryptocurrency, it only means na kinikilala na nila ang crypto as an asset. Hindi rin kasi mag tatagal at magiging parte na ito araw araw na gawain at transaction. Mukhang madadagdagan nanaman ang topic at curriculum sa Accounting at Board exam.LOL!
kaya agree ako dito. The struggles of inspiring accountants sa pag aral nito. Pero maganda talaga pag lalo pang makilala ang crypto dito sa bansa.
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Why does it seems like you are looking for a fight? Who said that you don't know Bitcoin? Yeah you've got experiences, you made a lot of money, but that doesn't only measure how good and knowledgeable you are in bitcoin. We have our own knowledge about Bitcoin that we acquired through experience.
Let's say you have more knowledge than me. Then congrats. I hope you also learn how to control your emotions and how to be humble about getting "rich" because you know how to trade. Instead of boasting, why not use your knowledge to teach other people.
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It's you who can answer your own question. Sooner you'll know whether it is a good decision or not but I can say that since the bike was already old, and if doesn't have that much sentimental value, it's a good decision. You sold your old bike to buy bitcoin. Just wait some time and maybe sooner or later you can buy a new bike.
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There's a lot of ideas you can give as a gift for Christmas. Any Bitcoin related merchandise is enough. I'd be honest, for me, If I were to receive a bitcoin gift, 1 bitcoin will do. Hahaha just kidding. I would appreciate any gift given to me. (But really, who wouldn't want to receive Bitcoin as a gift?) A bitcoin shirt will do so I can proudly wear it anywhere. Also a small way of promoting Bitcoin.
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There's a lot of reason... Yes maybe they don't want to lose control and financial power. But you still have to look on other cases why the governments are not adopting cryptocurrencies aside being greedy. They cannot secure every users if they'll implement it. Adopting crypto as their main currency would produce more scammers and hackers that they can't handle because they don't have the control. So if ever people would lose money, to whom they will ask for help?
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Is there a high possibility they will include Satoshi in the list? No one knows his face so how can they put it in the magazine? I think that the influential people they would be including in the list are those who give much impact on people about something. Like how they perceive thing, that can help shape people's actions. I don't know if Satoshi would fit in that. The only thing we know about him is bitcoin, but not everyone is well aware of it.
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As far as I know, bitcoin wasn't the first and there were other cryptocurrencies before bitcoin. But it was bitcoin who became so successful that make way for other cryptocurrency to pop up. After bitcoin become successful, other cryptocurrency that emerged followed the path of bitcoin. Since more people started to discover crypto, altcoins become successful as well. Right now, we have a lot of coins yet bitcoin still remain domaining the market.
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We don't know the real reason why he is hiding his identity. But I don't think it is because of this. Probably they are just his inspiration on creating bitcoin. Their ideas might have pushed Satoshi on making it into reality. But I don't see this as "stealing someone's idea". Of course, Satoshi also has his idea. Because if it was just totally their idea, why would he even create bitcoin. Why not just let them create it. He won't waste his time on bitcoin if the idea is not his own. It's just merely an "inspiration". There's always an inspiration why something is created.
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Ain't surprising that (most) countries included here are those developed countries. Since they are capable of innovating, they can try various things including the implementation of digital assets. It's easier for them to experiment and try on blockchain technology. But with developing countries like mine, it would be hard... Although it's a good thing that they are into blockchain, it doesn't mean they also support decentralized cryptocurrency. They'll just end up creating their own currency.
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Sad but that's reality... If ever you feel like bounty hunters are being treated unfairly, even you, then don't waste your time and efforts anymore on that campaign. You can find another one that at least doesn't do what you have said. But I think they are just doing that because they were told to do so... They're just following other people as well. And if you're not satisfied with the treatment, find much better one.
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It's a repeating answer here because most of us are either doing at least one of what you have mentioned... You can sell things online and accept Bitcoin and other cryptocurrency for payments. I don't know if you'll consider that one. But since what you have mentioned are the common ways of earning bitcoin, if you really want to earn more bitcoins, then it's not about what kind of work you can do, it's about how hard working you are.
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The most complicated thing about bitcoin is understanding its concept, how does it work, what are his pros and cons.
For starters you need to know how you can use bitcoin to take profit or make it worth for your transactions from fiat to virtual currency. You need to make alot of research before going more deep into this new world.
Are there scams? Are there issues? Can my money be lost? How much time to make a transaction? Every question has to be answered as each one of them is complicated to be answered without knowing the base of bitcoin functionality.
Same thought. When I started here, everything is new to me. like I don't really understand a thing. Even Bitcoin and blockchain itself is hard to understand as a beginner. How does it works? You really have to study and learn the basics then you'll eventually learn more and more as long you continue engaging and learning Bitcoin. You really need to gather a lot of opinions and information before understanding what really Bitcoin is, and what is the role of blockchain. Even now when I introduce it to some of my friends, they find it very hard. That they always need to ask what is this, what is that... And it takes time to finally understand bitcoin
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No fake money but lot of hackers would emerge. For a third world country, I think it would be hard to achieve. A third world country is still a developing country. My country is a third world country and I know that my country isn't ready to adopt bitcoin standard. We're being left behind with technological advancement, so it's hard to adjust with this kind of changes, everyone would swap from fiat to bitcoin.
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I like the idea of printing QR code on a shirt, to promote and ask donation through Bitcoin. But I don't think he's a famous football player. I ain't an expert with this game, and I don't know players name in football but looking at the picture, it seems like its just a school. Or maybe he's just a school player? Correct me if I'm wrong. The idea of that t-shirt is great, and I would love to wear one a just for casual and when going outside, that would be a good way of promotion.
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It possibly affect the price of Bitcoin but there's no assurance that it is the major reason. Based on what you have said, aren't the government just preventing illegal activities using cryptocurrency to happen in China? Nevertheless, China is really up to something. They won't act like this if they don't have something. Sooner or in the next years, they might have launched their own cryptocurrency.
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