Very nice and easy to understand illustration on how merit system works. It will definitely help people who are new in this forum to understand the flow and how the process goes on. Very good job, two thumbs up to you mate!

I don't think that bitcoin will ever replace fiat, however Inthink bitcoin can serve as an investment and another option for financial transaction. Btc have unstable value sonI don't think it can rule an the finance and exchanges of an economy.

Anyone not just out of school youth can gain adavantage if they learn bitcoin. It can help them in terms of financial as this can serve as an extra income. In terms of mindset over handling finances, bitcoin can also be an open eye that if you become determined and have the drive to try out new things they will be successful.

Maybe in the future, because cryptocurrency needs to be legalized first for a country to be acknowledge it as a legal tender. A government cannot rely on a currency with unstable value so it really needs to have a standard and regulation first to be utilized.

I also heard of that and saw in an article that some countries wants to legalize bitcoin by creating their own cryptocurrency that will governed by the government therefore taxes maybe imposed to all transactions. I think the root cause of this maybe it was alarming to the banks that in the future all their depositor will only save and transact through bitcoin because currently in bitcoin there are no central or middleman to all transactions so that low fees and penalties are more favorable than the banks.

Bitcoin being the first digital currency have set the standards for cryptos. Alt (alternative) coins refer to btc for its value. Altcoin are born after btc, it intended to improve some bugs in btc by improving some processes but some of it doesn't exist for long in the market. It's good for short term investment while btc is hood for long term investment.

Bitcoin is not directly tax imposed, also the transaction that you made thru btc. But when you convert it to fiat, there will be the time ghat you are going tonoay the tax. Taxes cannot be acoided, it's everyone's social obligation, and I don't see the point why some are thinking of avoiding it.

Yes it's possible. And I think, it's happening right now in crypto industry. When the whales take a large percentage of their coins we can expect a great impact on the price, followed by that are the "weak hands" who immediately panic during a price drop. A single move of large investors  can create a big impact on the industry.

Banks attacking the bitcoin because they are afraid to lose their depositors. Instead of saving in their bank accounts people prepared to save in their bitcoin wallet because it has a greater changes to earn extra profit if the value of bitcoin gets high. Also instead of using online banking for payments and exchange transaction the people would likely use bitcoin because it generates low fees and penalties.

Im always start with my choice bet. When I win on that bet, I  double my next bet until either im lose on the next bet or i am  in a winning streak. When either of the two happens, I rest my bet amount.

I really don't have an experience betting and using gambling sites but my friends do. And they are using nitrogen for quite a long time now. And I think it have many options for sports betting and seems legit.

When evaluating an ICO we should review their white paper to know the product, the mission and its objective. There you will know also the team behind the project. You can also opt to scan their marketing strategies and see it gets the interest of the crowd. From all those points you will have a glimpse if the project have a potential in the market.

Yes cryptocurrency would be a good reserve for a country, but acquisition of btc or other cryptocurrency in the first place would require a lot of money. And a currency/investment with fluctuating value would not be the best option for them.

It's a good news that there are countries who gives support and believe in cryptocurrency, a continued support will make the industry even more progressive. Cryptocurrency in general would really benefit and become successful having a country and government to runnits platform.

Facebook would have been a great help to increase the awareness for an ICO promotion, however facebook have already come up with the decision to ban ICO advertisement in their platform. But there's nothing to worry for ICO marketing as there are other sites where they can promote and increase their crowd sale like instagram, twitter, YouTube those are just a few. But if there will be increase in ICO related scam, I wouldn't be surprise if ither sites would also ban it.

I think the VLB project will be successful, the project is realistic and can be used by any ordinary person. Its product van have a wide market as almost large percentage of the population already owns a car. Looking forward to a successful actual roll out of this project of this project, this will surely help car owners.

Why do you even consider avoiding of paying taxes out of your bitcoin earnings? If the government imposes a tax regulation on btc then better to take the responsibility of paying it. Tax is every citizen's obligation so if you're thinking of avoiding it be ready of the consequences of it.

Nowadays that we're living on the "digital age", internet along with social networking sites, buying and selling sites and others have been part of our lives. It makes our lives easier, I think it wouldn't be scary if we use it responsibly. Do not overfeed all your personal data on a certain site, especially if it isn't needed. Be a responsible Internet user and think before you click.

Buying and selling bitcoin merit is not a good idea the purpose of merit is to make quality and good constructive comments because some  of users are only posting because of the target post to be able to rankup and to receive payment from campaign.The merit shall be given to those who posted quality comments and topics.

Banks fear bicoin because they afraid to lose their depositors and clients. Also Bitcoin can do what banks offered such as lending, deposits, trading, and money exchange.BTC have advantages over bank and one of these is instant transfer of value at almost no cost between two parties without the need for a trusted third party.