There are innumerable benefits of bitcoin, there are: First, Bitcoins make it possible for buyers to complete their payments without divulging any sensitive financial information (like credit or debit cards details) to the seller, Second, The entire process of bitcoin transactions is peer to peer, there’s no involvement of a third party, and no one can freeze, tax, or claim your coins. They cannot be stolen and cannot be seized by the government in no possible circumstances. Third, You don’t have to worry about crossing borders, rescheduling for bank holidays, or any other limitations one might think will occur when transferring money. Forth, Allowing users to be in control of their transactions help keep Bitcoin safe for the network. Fifth, Bitcoin protocol cannot be manipulated by any person, organization, or government. This is due to Bitcoin being cryptographically secure.

Bitcoin as a currency is going well because bitcoin is a digital currency. A currency can be treated as a commodity, and bitcoin has been behaving more like a commodity. commodity values can surge although usually not like this and while commodities can be bertared. What is commodity? commodity is an object with use value. which is modified by market expectation

I think bitcoin stability relative, it means that bitcoin is getting better at holding value, because its coming closer to functioning as a real currency. At that point, demand for the coin will rise again, not just as an asset but as a real commercial tool. Other than that the current price decline isn't killing bitcoin, but its giving a whole new life.

Yes, I very agree that blockchain will create a better world, for example, blockchain has given rise to a new breed of enlightened thinkers, who hope to bring humanity one step closer to an ideal society. Moreover blockchain is the underlying technology, and the biggest innovation in computer science and the idea of a distributed database where trust is established through mass collaboration and clever code rather thann through a powerful institution that does the authentication and the settlement. So that's why I very agree that blockchain will create a better world.

Yes, Bitcoin have future. Well everything has a future, it can be good or bad or even mixed. For the most part, Bitcoin may have a great future in the long term if it overcomes all scalability issues and all the concepts being developed are successfully implemented. As currency, the future is Bright. People want to buy gold. So for new Generation, Bitcoin is that Gold. Till then There is uncertainty future of Bitcoin is bright. Bitcoin will have mixed future, I meant in very long term. However as far as making some money passively, on that perspective Bitcoin will do a good thing. But be alert about cryptocurrencies news and changes. On the same perspective some other cryptocurrencies will do better in future if you do proper research and investment.

Cryptocurrencies are economic innovation that have the potential to revolutionize the current economic structure and change how banks and financial institutions operate. Bitcoin is the most popular form of cryptocurrency that enables digital transactions between two parties without the need of an intermediary. It has been said that Bitcoin was the first successful cryptocurrency to be released into the world’s markets. The current economic landscape for cryptocurrency implementation remains in the balance. Cryptocurrencies and their underlying technology called blockchain have been growing exponentially in the recent years both in terms of adaptation and influence. Moreover the effect cryptocurrencies are having on the current economic landscape is replacing the Dollar: In terms of volume, the global economy is fueled by the U.S. Dollar. The dominance of the United States in global economic and political affairs has contributed to this greatly. The global economy thus relies on the dominance of the US Dollar to keep running. This, however, is starting to change dramatically as more cryptocurrencies start to emerge as well as Bitcoin’s exponential rise.Other than that financial transactions have started getting decentralized on a massive scale, with no recourse to the traditional US Dollar. This can create a butterfly effect where the dynamics of international trade can change. In short, there have always been attempts to de-dollarize the global economic landscape and cryptocurrencies seem to be the solution.

First, like gold. Bitcoin is used as digital gold today, bitcoin is a finite resource. Only 21 million Bitcoin will ever be produced, so it’s a deflationary asset that benefits from relative scarcity. Only bitcoin is pure digital gold, all the others tend to give up some of the aspects of Bitcoin. For example, being totally decentralized and having no central control. That's the first one they have to give up to try to have a business model. Moreover, Bitcoin is an asset with a high expected return, and these assets tend to be more volatile.

Those within the industry understand that one of Bitcoin's most important features and perhaps its true core innovation is its decentralized structure. Bitcoin has no central control: no central repository of information, no central management, and, crucially, no central point of failure. And yet, most of the actual services and businesses built within the Bitcoin ecosystem are centralized. They are run by specific people, in specific locations, with specific computer systems, and they are susceptible to specific legal entanglements. Other than that, bitcoin is often lauded by enthusiasts for the same reason that it’s feared by critics, that is leaderless. Nobody owns it, nobody controls it, and nobody can tell it what to do. That’s what some people keeps saying that bitcoin is decentralized.

In new finance, “hodling” refers to buying and holding a digital asset such as bitcoin with the intention to benefit from an increase in its value over the long-term as cryptocurrency adoption grows. For years, “hodling” bitcoin investors have been rewarded with exuberant returns on their investment. Since the start of the year, however, bitcoin “hodlers” have witnessed their investment taking a beating. A combination of actively-managed and passively-managed is most likely the right approach for most investors. Adding to your bitcoin holdings at the lows, selling some at the highs, and staying net long would likely be the most user-friendly and potentially profitable approach to investing in bitcoin. Moreover, buying and holding is the only rational approach in an asset as volatile as Bitcoin, where trying to time the market is nearly impossible. But, Hodlers can’t just sit idle: To maximize their risk-adjusted returns and maintain a reasonable portfolio, they need to systematically rebalance their portfolio over time. The rebalancing function forces investors to sell high and buy low, keeping portfolio allocations in check.

It’s important to understand how bitcoin works before investing any money. Take some time to understand bitcoin, how it works, how to secure bitcoins, and about how bitcoin differs from fiat money. Bitcoin has proved to be one of the best investments in the past 10 years. Although many people have doubted Bitcoin, it has continued to rise year after year, as we know, investing in bitcoin has made a lot of people rich. Even though you may want to invest in bitcoin now because it has made a lot of people rich, other than that bitcoin can offer a return on your investment that you won’t find anywhere else, and bitcoin is easy to invest in. You can buy it and sell it whenever you want to and you do not have to sign an agreement, and you can do it all by yourself.

I think, why we need regulate digital money because after nearly a decade since its invention, Blockchain has not yet reached to its full potential. Billions of dollars of investments are made every day, but none of the great potentials come to reality, despite only serving bitcoin for its payment system and allows illegal payments to occur in the Dark Web and also because of many anonymous we need regulate digital money. Other than that why we need regulate digital money because it can create demand in Bitcoin as a digital currency.

Yes, change your mind about bitcoin. because In fact, many of today’s most passionate Bitcoin enthusiasts will tell that with Bitcoin, for the first time in history it’s possible for anyone with an internet connection to quickly and securely send any amount of money to anyone else, anywhere in the world for low or zero fees. other than that bitcoin’s most important property is arguably its censorship resistance, which means it can’t be controlled by any single government or corporation. And also bitcoin is able to be censorship-resistant because Bitcoin transactions are not processed by a bank or a credit card company. Instead, they are processed by independent bitcoin mining groups that are spread throughout the world and are continuously competing against each other to be the one to process your transaction first.

There are some people who say that cryptocurrency is difficult to understand, why? because maybe they don't want to study it deeper and finally they have given up first and say that cryptocurrency is difficult to understand. In my opinion, cryptocurrency is difficult to understand first, but if we want to learn it and continue to understand it, cryptocurrency is very easy to understand.

How do we change the public's view of crypto world is by spreading positive news about crypto and not spreading hoaxes which caused crypto to be viewed negatively by most people. Other than that the way we can change the public's view of crypto world is we must making them understand properly about crypto and spreading positive news about it. I think that way we can change the public's views about the crypto world.

You all may have wondering, “Is Bitcoin safe?" or " How safe is bitcoin?" Even with the negative stories that seem to flood the news at times, Bitcoin is actually more secure than most other financial systems. Why? Because Bitcoin uses a decentralized system, there’s not one single point of failure that a hacker could exploit to compromise the network. They would have to find a way to control 51% of the network nodes for this to even be possible. All transactions that you make using Bitcoin are public and irreversible. There’s mathematically no way to fake transactions or make errors in recording account balances. Moreover a transparent ledger of transactions also decreases the risk of fraud and money laundering. Other than that, you don’t need to attach any personal or confidential information when making a Bitcoin transaction or using a Bitcoin wallet, because your personal information isn’t attached to your wallet or transactions, you’re at less risk of identity theft. Even if someone gets hold of your wallet’s private key, they’ll only have access to your funds, not your personal information.

Each of Bitcoin uses is still in the early stages of development, and so they might take time to become mainstream in investing on bitcoin. However, the success in even one of these transactions may be significant enough to induce a big revolution in the industry and will rapidly increase in value. So, it is worth investing in BTC, and it will give you good returns in the long run along with the starting benefits of having smooth digital financial transactions at a low price. Other than that, The system is transparent and neutral, so it cannot be changed by anyone and the payments can be made 24/7 because bitcoins are not related to banks in any way.

Yes, Of course many people still have confidence in bitcoin. Why I told that? because from the beginning of the year, Bitcoin has consistently risen in value. That’s surely what makes people have faith in Bitcoin. Moreover at this time bitcoin already accepted by everyone and also already accepted everywhere although there are still some countries that still have not accept bitcoin, it doesn't matter because bitcoin is already very popular and there are many people involved in bitcoin and that does not prevent people who want to join bitcoin and also does not hinder the development of bitcoin.

Yes, it is a good advice. In investing, there must be losing and winning, this makes us learn that in life there are always obstacles, if yesterday we failed to invest don't regret it, make it a lesson. If we are regret to investing we can not be the best investor and we will not know what to invest if we are already regret it first. So, do not regrets on investing. Invest! and get unexpected benefits.

Like it or not, In my opinion bitcoin is an investment. It is no surprise that Bitcoin, a secure, global, and digital currency has claimed the interest of investors. Because Bitcoin is open to everyone and provides an exciting opportunity to delve into an entirely new asset class. Investing in bitcoin may seem scary, but know that it takes time and effort to understand how Bitcoin works. The internet made information global and easy to access. Moreover Bitcoin is portable, with the current major currencies, it is difficult to carry around large amounts of money. Cash amounting to millions is risky to carry for several reasons, which is why Bitcoin investors prefer it to other currencies. With Bitcoin, you can easily carry around a million dollars worth of Bitcoin in a memory card.

There are some idea to stop hackers to hack your crypto wallet. First, Get a hard wallet: The safest option is to keep your private keys away from the internet, so that hackers cannot steal them. For this reason several companies developed usb key like wallets that allow you to store your Bitcoin offline and protect them with strong encryption and a PIN code, so it's called hardware wallets or hard wallets. Second, Use Two Factor Authentication: If the wallet offers a two-factor authentication (2FA) take it. This means that if someone had access to your login details, they would also need your phone to get the 2FA code. Third, Don’t Use Public Wi-Fi: Never use public Wi-Fi networks or public computers to make any transactions. Doing so will ensure that nobody can ever know your password and use it for stealing away from you. Forth, Do create backups: Kept in a secure place, a backup of your cryptocurrency wallet may save you from hardware failures and a lot of human slipups. It will also let you restore your wallet in case your PC or telephone gets stolen. Fifth, Keep Private Keys Offline: If you have wallets on your computer, always store your private keys offline either on an external hard drive or as a hard copy, stored someone in your house. If someone gains access via malware or public Wi-Fi, this allows you to limit what they can find or take, which buys you time to realize that your device is comprised before anything important is stolen.