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Costa Rica officially labeling Bitcoin a currency is a great way for adoption.

Definitely a wise place to learn and grow a project/community.

Best to do is always get a wallet that you can control, maintain, or reset. If not you are susceptible to loosing your funds. DYOR.

Cryptocurrency - Cryptographic Currency designed for Peer to Peer Decentralized Transfers (Bitcoin) - others have designed protocols around this idea for various use cases.

It all depends on what the next person is willing to pay. The power of decentralization into the hands of the people.

To be an actual currency it needs to be widely accepted by governments. Since it's decentralized I don't think it will ever be accepted as a currency. However becoming a means of value and payment instrument is definitely the shape it's taking. Companies like ours however create protocols to make bitcoin used as a currency in every day commerce.

The digitization of currencies and cryptocurrency itself is just in its infancy. It will grow over the next few decades.

I wouldn't say rapidly going down, everything that goes up must come down as a normal practice of law. But in this case it sometimes retraces due to a heavy spike, in my opinion.

The bitcoin protocol was initially designed as a cash system. Bitcoin Cash would be a great example of a payment protocol used for a currency. Bitcoin itself, I would classify as Gold 2.0.

Banking, as a whole, will always exist. It's how blockchains counteract or replace certain elements of banking is what we have yet to see.

I believe, in my opinion, following the right metrics means you can figure out how to hedge any asset or currency to your favor.

Because Bitcoin will forever be a base pair to other crytpos, it will never die. (In my personal opinion)

Both have different types of styles, buyers, risks/rewards, etc. They are unique in their own retrospect.

The world "bubble" is unjust. Bitcoin itself will always have corrections and will always have value. The world is adopting it day by day and making it part of economics.

Spend is making it very simple in near future to spend your bitcoins in real time at point of sale locations worldwide. I will ping back in this thread when we launch.

Interesting read, i wonder what other thoughts are on this.

Considering that it's not a security, i see a bright future for ETH