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Re: How are Bitcoins created? Why are Bitcoins worth?

I can agree with the point of merchants using it. The main issues is still: - Time - Volatility - Supply (Mining Cap) With time, the time to make payment must be made instant for merchants and others to consider using it mainstream With volatility, the prices spike up and down too much for the buyer...

Re: U.S., China, and Russia Rush to Military Blockchain Technology

You also have to consider different parts of China is investing in blockchain even with the crypto exchange ban. This is a huge step towards the future of crypto if the government decides to take on blockchain and possibly crypto again. They could consider the development of their own coin with how ...

Re: How does blockchain work?

One other thing you should note is that Blockchain does not equal Cryptocurrency. Blockchain is the backbone to cryptocurrency but a lot of people think they are the same thing or confuse the two. "Cryptocurrency is an untraceable, anonymous and unregulated currency which one could easily use for il...

Re: Can my BTC used for real world trading in the future?

The use for BTC is growing. Once the market further adopts BTC and crypto, you can buy more and more. Right now, I read that one of the high-end car companies in Japan is testing accepting cryptocurrency as a payment system; the company is called L'Operaoi . The company partnered with Bitflyer a pay...

Re: Up or Down?

With BTC and crypto, you need to consider that a lot more external factors affect it than regular currency. For most currencies, major changes within their own countries or partnered countries affect it. For BTC and crypto, every country can affect its price. If for example, one country decides to l...

Re: Despite Ban, Chinese Traders Still have Access to Cryptocurrencies

Well they banned cryptocurrency exchanges. Most people can still take the exchange outside of the country to trade (eg. in Hong Kong). Even though there is a ban, you have to consider that China is investing a lot into Blockchain , the backbone to cryptocurrencies. Also, 2/3 of the crypto mining ope...

Re: Regulation of Bitcoin

Regulations are going to heavily affect prices of BTC and crypto in general. If the government bans crypto in a specific country or countries, the price will definitely fall. Likewise, if countries start allowing crypto to be freely traded, the prices are likely to go up. Look at South Korea for exa...

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