that seems like fake news. A hidden AI system in the web created BTC so humans would give it more computing power lol. There would of been better easier ways for a Super AI system to achieve this.
But there isnt any AI that advanced ATM,

Just out of curiosity (and maybe ignorance), why a hardware wallet? Is that so you can keep sending/receiving (is a hardware wallet undetectable by ISPs and central authorities?)... as opposed to a paper wallet which might be useful to bury in the ground somewhere and create a treasure map to find it again.

Cash in? Not hardly. Get a hardware wallet is what they need to be doing.

Oh dear. Perhaps we should ban cash?

I second that. Your Housing is not an investment. Own it bro.

Waleikum Assalaam wa Rahmatulahi wa Barikahtu,

JazakAllah kheir for the support. I would say that at this time it does seem that Bitcoin falls into the category of mubah, which is commonly referred to as neutral. However, even with that being said, when using Bitcoin you do have to pay attention to the laws of the land where you live. If it is illegal in one's country, then the scholars will tell them it is not permissible to use but if it is legal where they live then they would say to proceed with caution.

Salaam

I hadn't heard about that happening. Does anyone have a list of which countries BitCoin has been officially declared a currency?

A hard crash like this doesn't seems like something that the market would recover from in a week or two. People should be prepared and wait for a better entry point.
Caixin is a legitimate news site. People should seriously consider the possibility that this might not be fake news. The market might go down much further. Remember not to bite more than you can chew.
Bitcoin can't be killed. But in the short term there are huge waves that could swallow you whole. Take care guys.

This has happened so many times exactly the same MO. PBOC says " we ban bitcoin" weak hands sell, they buy up cheap coins. Then they say " jk we no ban Bitcoin!" And then the price goes back up.

Hello! I don't know about AUD-KZT; as the others said, banks should be able to do it, but I would also suggest bringing USD to be safe.
The smaller money exchange places usually have a better rate than banks - but if you feel safer/more used to it, go to any bank. At any independent exchange place, you can expect to have a calculator next to the window. Don't be afraid to count your money right there (all of those places have a sign that says please count your money AT the counter) - so you can make sure the amount is correct and they know you counted it right in front of them.
If you decide to go to one of those, this is our usual spot it's in the same entrance as the notary.

I agree that some stocks have value related to the valuation of the companies, but some are hugely inflated, and are based on future gains (eg Tesla). Similar to Bitcoin - people are speculating on the future value of the asset.

Also there are other markets which have very low, if not non-existent "backing" that sustains their value, such as fiat currencies and gold. Yes, gold has some industrial uses but its high value is based mostly on belief. And yes, you can pay taxes in fiat but its value too, is based on collective belief.

Bitcoin is the same - it has no intrinsic value per se (really the only things that have true intrinsic value IMO are things like food and water), but people's collective belief gives it value, because so many people understand the implications of such a technology.

If the bubble pops (if it is a bubble), then there will be plenty of people buying back in at lower prices and sustaining the value - it's not going away without something drastic happening, such as a flaw in the protocol - and this becomes less and less likely as time goes on.

Only if you sold too early.