Topic: ...and THIS is why I prefer to use Bitcoin. - page 2. (Read 2792 times)

If this was a bitcoin heist it would be slander after slander in articles.

I agree and I'm really sorry that most people don't realze this. I think we need more simple and understandable texts and videos to show people the advantages of Bitcoin. Of course we'll probably never get rid of CCs but I'm sure many people will consider about what to use and will prefer Bitcoin.

Pretty much the reason why I only use debit cards, w/c I load up whenever I need to buy something off the internet.

Again and again this matter. Bitcoin is the preferred currency of all the trash of this world and as such must be protected by everyone who like it. I had a simple question: What about the money used by the trash before the invention of bitcoin? I haven't hear never, before the invention of bitcoin, to be discussed about the money used by them on every criminal activity. No one discussed at all about the money used by them. Not the newspaper and not everyone. Even less the Authorities. This kind of discussion began only after the creation of bitcoin. Why must give them importance? Why must discuss about this totally unreasonable connection? Why must try to give facts that bitcoin has nothing to do with the actions of the criminals because is only a tool exactly as are even all the other kind of real money, which for sure are used in every trash action (in which is used even bitcoin) because bitcoin can be used only at internet (and at the internet can be killed only the zeros and the ones) while the killing of people or the made of every criminal action is made at the real world where bitcoin cannot exist and all the power belongs to the other kind of money: the real ones? All this discussion don't make sense.

Yeah that's freaking true...
I hate the tax on it now!! {Sigh}

That's ok if you feel that way, we have been conditioned in every single nation pretty much to think that way. I can personally say I never do any illegal activity online (except maybe the occasional downloading of music... Not much any more though)... But that's besides the point.

Everyone should be concerned about their privacy. I always reference people who can't see my view point to this video of a TED talk, where this guy describes the importance of privacy. I think you should at least watch it before you assume people who want privacy are "criminals":

https://www.ted.com/talks/glenn_greenwald_why_privacy_matters?language=en

these things happends all the time , just last week my girfriends credicard number got stolen and used.its not uncommon , but most news sites dont talk about it anymore since its so common

Credit cards are actually very safe as well. but because the credit card can be used only with general information such as name, date of birth that can be searched. bitcoin has better encryption of any payment. as long as you hold the bitcoin wallet.

What you think and reality are two different things.

Normal citizens should be concerned about privacy because tracking has a huge impact on everyday life.

For example, legal items you buy with your credit card impact your credit rating, insurance rates, and could result in police taking an interest in you they have no right to take.

More than once, police have started watching houses because the resident spent money at hydroponics stores.

Hydroponics are legal, but are often used to grow marijuana. There was one case where a couple used hydroponics to grow herbs and spices, and they also enjoyed loose-leaf tea (as I do).

Because they made frequent purchases at a hydroponics store, the police were watching them. The police waited until garbage day, when they could look through the trash - legal to do without a warrant if the trash can is put out on the street. They mistook the loose leaf tea in the trash as marijuana clippings, and then raided the house with a swat team.

That's why people who are not involved in illegal activity should be concerned about privacy. Our law enforcement is out of control and looks at everyone as if they are a criminal, putting a possible criminal twist on legal purchases.

I think the only people freaking out about anonymity are the ones doing ilegal stuff,right? Why should a normal citizen be concerned about it?

credit cards are being hacked left and right on daily basis.
credit card fraud is the worst they steal the information and identity and use it for their own and you are left with the debt and the pain in the ass to prove it is not you.

Credit cards were not made for the internet and centralized data storages attract hackers like flies.
In the future crypto currencies will change this.Give it a few more years of development and credit cards for online payments will almost disappear.

Dear, every good thing has a darker side. But does that darker side takes over the good thing??

Bitcoin may or ma not be used for illegal transactions, but does it really matter to everyone who is earning it in a right way??

Fiat is used in the majority of illegal transactions, but does it really lost its value??

leave all those behind and earn bitcoin for a better future.

He-he inserting a card reader into a machine is rare since people don't know when it has one in it but at least with Bitcoin your ID is not always at risk, only difference would be privacy vs a visa chargeback if someone hacks into your account, well unless you keep Bitcoins on an exchange then just hope its not Mintpal or instantwallet u.u.

And if someone steal from you your phone need to know password to log to 2fa
and that password is alway in your head, birthday or favorite song.. Bitcoin is super secure if we talking about stealing on the street but is very wobbly on line especially on exchanges!

this is what i like about bitcoin you can not actually hack the instrument used for pay, i mean you can not steal any creedit/debit card details(security number, code etc...) and clone it, with bitcoin, because there is none

you need to steal the entire smart phone or the entire hardware wallet to steal bitcoin from someone in real life, which is more difficult of course

with credit card you can retrieve their credential and clone the card, without actually stealing the card itself and the game is settled, with bitcoin what do you do, steal the address? stupid...

Yeah, if I wanted to truly hide the source of my coins, I would sell them for an altcoin at one exchange, and then sell the altcoin for bitcoin at a different exchange.

Right now I just buy from coin base and send them to cold addresses in 0.5 BTC increments that I import into bitcoin core when I need to use them. Easy for the feds or whoever to track my spending that way but I don't really care.

Bitcoin is perfect so far, as relatively anonymous payment system.
If you need more anonymity you can use other coins like Monaro Dash Cloak..
You can go to exchange and buy coin you want and transfer it fast..and again you can go back to Bitcoin that is power!
Bitcoin + Alts = Perfect system!

The ones in Europe and in Canada, and a few of them in Asia. At least the ones I've tried. Not going to mention which ones specifically. (Maybe I was just lucky?) I fly around a bit, but I'm mostly based in the Philippines, which have at least 3 or 4 exchanges you can almost anonymously buy coins from too.

I opened an account. Funded it using a draft / money order. Send it by mail. (Wait about a week.) You don't even need an account with some banks.

Then I tried coinbase. That also took a week, but needed a full identify. (Notice I did not say it needed *my* identity, just an identity.)

Yes, you could possibly be linked if you are careless, but since drafts / money orders are as good as cash, these exchanges did not need verified accounts, just an email address (which is a dime a dozen.) Using an old android phone you bought cash from some flea market type, and free public wifi in a library or fast food chain, you can create a free gmail account that does not need to be "phone verified". (And if they do need to verify, it's a matter of acquiring a sim card.)

At the same time, even if you don't buy coins anonymously, you can anonymize them very effectively in a short amount of time. For example, you don't need any account at all in order to play at some game sites, and you don't need an account to use shapeshift and bitin, and a lot of the alt-coin exchanges just need an email address. Not to mention the services which are specifically designed to mix coins. (Some give you newly mined coins in exchange for your old coins, less a fee.)

If you happen to hold more than 1000 BTC, that might be a problem, but it can still be done.

I'm confused.. what's the exchange site that you're speaking of?  And I would think that even though you just submit a money order/bank draft or whatever, it would still link the exchange to your bank account, and thus your personal info.  I might be thinking about it in the wrong way though... I've never personally used a money order anywhere, because I've never needed to do so.