Putting all mentioned into consideration, I feel the whole idea about BTC was to benefit a particular class of people. When you look at the rate of 1BTC now, you will see that, or understand that, if you do not invest with huge sums of money, then you will be relegated at the back and benefit just from pennies. Why not cling to the old currency.
Most people accept crypto currency during this Covid19 epidemic. do you want to know why? Because you could make money and at same stay save from the virus, just ordering from delivery companies with amazon inclusive, thus making the Man more money.
The fact that this is not traceable it is a bad thing. Because once you make a mistake in transferring so much money to another or bitcoin, someone you don’t know, someone you have no idea about, then consider it a loss.
The chances of you venturing into crypto currency not knowing anything, but relying on those who have succeeded to succeed, are very slim.
I see BTC moving down the trend of the past. The stress of understanding and managing is very complex and the fact that its risk are high too make it very frightful to venture in.
With Relation to BITCOIN or CRYPTO currency, sites that use crypto currency to transact are one step ahead of site that don’t.
To an extend, if everyone should accept crypto, sending and receiving crypto will be very easy. Though before we get to that stage, we will all pass through measure challenges and if this challenge is above us, then dropping it completely will one day be an option.
Some say, blockchain chain technology is transparent. How is this true when the number of black-market transactions keep increasing and being successful with nothing done to stop it.
Yes, this is a fundamental question. If he leaves on and is observing all that is happening like the Ethereum owner, this means this guy are capable of shutting down the whole system if things are not getting right for them.
With the introduction of Bitcoin, that has really increased the traffic with the internet. Many have benefited from Bitcoin others have lost to and the number isn’t small. But the funny thing about all this that, this rich scheme model, most world richest are still skeptic about it.
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