Topic: 6 things bitcoin introduced to us (Read 3309 times)
unregulated currencies are a double-edged sword
1)Decentralized peer to peer currency
2)Blockchain and public ledger
3)Anonymous transactions
4)Bitcoin mining, hashing, and difficulty
5)Hardware and Software wallets
6)Zero to very low fees for transactions, and no chargebacks
2)Blockchain and public ledger
3)Anonymous transactions
4)Bitcoin mining, hashing, and difficulty
5)Hardware and Software wallets
6)Zero to very low fees for transactions, and no chargebacks
You forgot scammers increase 100%.
Before we have bitcoin and bitcoin-based ponzi, we had liberty reserve and LR-based ponzi. And long before that, we had Charles Ponzi and his USD-based ponzi.
yeah but cc have protection bitcoin dont from fraud.
1)Decentralized peer to peer currency
2)Blockchain and public ledger
3)Anonymous transactions
4)Bitcoin mining, hashing, and difficulty
5)Hardware and Software wallets
6)Zero to very low fees for transactions, and no chargebacks
2)Blockchain and public ledger
3)Anonymous transactions
4)Bitcoin mining, hashing, and difficulty
5)Hardware and Software wallets
6)Zero to very low fees for transactions, and no chargebacks
You forgot scammers increase 100%.
There's scammers everywhere, not just Bitcoin. As long as the Internet's been around, there's been skeevy people trying to exploit innocent people. Ebay's had scammers for years.
As long as there's money and gullible people involved, Bitcoin and the Internet provide a forum for scamming. Bitcoin certainly didn't invent or introduce it.
1)Decentralized peer to peer currency
2)Blockchain and public ledger
3)Anonymous transactions
4)Bitcoin mining, hashing, and difficulty
5)Hardware and Software wallets
6)Zero to very low fees for transactions, and no chargebacks
2)Blockchain and public ledger
3)Anonymous transactions
4)Bitcoin mining, hashing, and difficulty
5)Hardware and Software wallets
6)Zero to very low fees for transactions, and no chargebacks
You forgot scammers increase 100%.
Bitcoin introduced a new way to store your money online.
Before bitcoin, you can only store your money with paypal and other exchanges in $.
Before bitcoin, you can only store your money with paypal and other exchanges in $.
It introduced me to online bitcoin gambling..
True lol. Bitcoin transactions are fast and cheap, which make it work very well with online gambling, tipping, sending donations etc.
It introduced me to online bitcoin gambling..
1)Decentralized peer to peer currency
2)Blockchain and public ledger
3)Anonymous transactions
4)Bitcoin mining, hashing, and difficulty
5)Hardware and Software wallets
6)Zero to very low fees for transactions, and no chargebacks
2)Blockchain and public ledger
3)Anonymous transactions
4)Bitcoin mining, hashing, and difficulty
5)Hardware and Software wallets
6)Zero to very low fees for transactions, and no chargebacks
Basically anything about the economy. I was totally unaware of economical terms in general. Thanks to Bitcoin i've learned a lot. Back in the day I didn't even knew what FIAT money was, now I know its strenghts and weaknesses and how BTC has a legitimate role in there.
Safest way to keep your money.
Easy to exchange and to use.
I feel my self better keeping my money in bitcoin
Easy to exchange and to use.
I feel my self better keeping my money in bitcoin
I still haven't bought, but I like the concept of the blockchain. It introduced to me the posibility to move value from A to B seamlessly, thats my main interest in Bitcoin.
total control over your money
no need for third party
love to everyone
no need for third party
love to everyone
Easy gambling! So quick to deposit/withdraw as opposed to fiat.
Too much headache on gambling.
The most important one for me is the ability to make a transaction without the need of a third party or a middleman. Low fees, fast transaction times, just being a secure place to put money no one else can access and the other features not currently being used that I'm not so familiar with.
So in paypal? Who is the middleman there?
Paypal in the middleman.
Say if I want to send you $100, I need to fund my account with credit card or bank transfer, and transfer my paypal balance to you. You can then withdraw your balance to your bank account.
The company can stop the balance transfer, revert the transfer or ban your account if it wants.
On the contrary, no one can stop me from sending you some bitcoin, and no one can seize my bitcoin in my wallet.
If it wasn't for bitcoin I will never learn how to trade cryptocurrencies.
You need to secure your bitcoin wallet more then anything else..
For me the greatest invention in Bitcoin is the decentralized transaction processing.
The most important one for me is the ability to make a transaction without the need of a third party or a middleman. Low fees, fast transaction times, just being a secure place to put money no one else can access and the other features not currently being used that I'm not so familiar with.
So in paypal? Who is the middleman there?
Easy gambling! So quick to deposit/withdraw as opposed to fiat.
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