Ok to be honest I have a slight doubt that this BTC is a devil's money. They said it can't be a devil money because its decentralized, but forks can be tricked. BTC might have an exploit from its dev.
Someday I believe Bitcoins will be deposited inside a man's body thru RFID microchip. There will be a cashless society. Everything can be paid by using the money stored from the chip implanted to your body.
Hi I am a newbie here in Bitcointakorg. Also I am new to Crypto trading fielding as well. While I was talking to one of my friends about Crypto Market. He doubted this new currency trend. As He said There is Illuminati behind this project. He submitted me some facts exacting some one's article that It is a scam and that could cause to loose everything one day. I will list them here below one by one.
1. Bitcoin is not a company, It has no corporate entity..
(You can't sue bitcoin, inc. If the promises you were made about bitcoin price valuations don't pan. There is no bitcoin, inc)
2. Bitcoin doesn't have any earnings, revenues, profits, profits or P/E ratios.
3. Bitcoin trading isn't regulated by any one.
4. If the internet goes down, Bitcoins cease to exit.
5. Very few accept bitcoins as form of payment. ( although this could grow)
6. Bitcoins transactions are not free and fee getting increased time to time.
7. You can't sue anything if you loose your bitcoins,
8. Nearly all bitcoins promoters have a conflict of interest in attracting more buyers in to bitcoins.
9. Bitcoin isn't very liquid market compare to stock market, Transactions can days to clear
10. Because of bitcoin isn't regulated by the SEC, Bitcoin promoters can claim any forward - looking estimates for future
( the government cannot take any legal action against them )
I would like to know you people's views regarding above facts, Really Appreciate your participation, Looking forward to learn many things from you as a newbie. Thanks in advance.