Another Good Reason to Own Some BTC - page 3.

zedrickjuls

jr. member

Activity: 196

Merit: 1

Quote from: OROBTC on July 05, 2017, 03:52:43 PM

...

If you are traveling and lose your credit card, but in a country that has a reasonably active Bitcoin scene, you can sell some BTC to pay bills while "over there".

This may become an issue for us.

Here is a case for having an online wallet, "travels anywhere".

If you own btc then i'm pretty sure that you are already secured your future because bitcoin is the future currency.

arthur25

newbie

Activity: 182

Merit: 0

Hospitals bill payment. Incase of emergency bitcoin can save the day. We don't know our life if what will happen tomorrow. Owning some bitcoin can save your day in hospital or in school tuition fee.

999asdaxlkl

newbie

Activity: 1

Merit: 0

This is a good idea. With Bitcoin for some expenses, it's hard to imagine what I can do if I lose anything I can afford in a foreign country without anyone I know.

gamechangers

member

Activity: 392

Merit: 10

The poster is very correct and the fact that I can spend my bitcoin anywhere is a major reason to own some bitcoin. I previously had a situation where I needed to move a purchase but my account balance was not enough but my bitcoin rescued me because I changed bitcoin for fiat and my bank account was credited.

damrianto

full member

Activity: 336

Merit: 100

having some btc is very good. it's for money. nothing else. This is a digital currency, created and held electronically. No one controls it. This currency is developed by a programmer whose exact identity is not yet known

fulmetal08larz

full member

Activity: 476

Merit: 124

I definitely agree with this. Here in our country, there are many workers abroad in different countries and I think having some BTC to send to your loved ones in your country is less hassle compared to the traditional way of sending money.

19faraon88

member

Activity: 252

Merit: 12

The best reason to have in your life a bitcoin, is that bitcoin is not increasing its value/price. It increasing slowly, but if you really want an investment, bitcoin is here for your. Bitcoin will not improve your life instantly but it may change your life in the future.

thenameisjay

full member

Activity: 462

Merit: 100

Quote from: OROBTC on July 05, 2017, 03:52:43 PM

...

If you are traveling and lose your credit card, but in a country that has a reasonably active Bitcoin scene, you can sell some BTC to pay bills while "over there".

This may become an issue for us.

Here is a case for having an online wallet, "travels anywhere".

But the thing is, not all shops in other countries accept bitcoins as a mode of payment. If you're looking into selling it in another country, you can. But then again, if you go back to your country, you'll be exchanging your money again.

In my opinion, investment-wise, bitcoins are heaven-sent easy-tp-do investments but the risks are so high. Just know the right time to invest and precisely time your buys during dips to take advantage of the trend.

Dudeperfect

hero member

Activity: 1190

Merit: 534

Exactly! We can not only convert Bitcoins/crypto in cash but also directly spend Bitcoins if we are in crypto friendly marketplace. There are no geographical boundaries and it is the biggest benefit of Bitcoin. One can use it in any corner of the world but we need to improve the situation in order to create the crypto friendly market environment.

lautantepi

newbie

Activity: 98

Merit: 0

The good thing about bitcoin is that it's like international money to be able to have. One that has got into the goal is to use it. As long as he does not have a shop that receives bitcoin as payment then he just exchanged it with state money.

kurdapyo

newbie

Activity: 60

Merit: 0

bitcoin is a great thing to inverst for the future. 0.5 btc was good enough to start a little business if you plan to, you can build a house with it, you can consume it when an unexpected things happen. In general bitcoin can save our future

cryptotaste

newbie

Activity: 84

Merit: 0

There are many advantages of owning bitcoins like this one.The good thing about bitcoin is that it is like an international money for all of us. One that has bitcoin can go to places without necessarily exchanging his current currency to that his country destination is using.

sungaiyangderas

member

Activity: 158

Merit: 10

I really liked the good thing about bitcoin is that it's like international money for all of us. One that has been able to get into the goal goal is to use. As long as he does not have a shop that receives bitcoin as payment.

Rubble898zaitO

newbie

Activity: 210

Merit: 0

It's always good to have some Bitcoin in your online wallet, you'll never know when you can use them. It's good to know that you have something that you can rely on. This is just one of the many good things about Bitcoin, it is very convenient and easy to use whenever, wherever you are.

george888055

sr. member

Activity: 574

Merit: 250

Quote from: OROBTC on July 05, 2017, 03:52:43 PM

If you are traveling and lose your credit card, but in a country that has a reasonably active Bitcoin scene, you can sell some BTC to pay bills while "over there".

10 years ago I travelled in Cuba. With my friend we rented a car and go through the island. And in one small town someone stole our money. But we still had a credit card - there was only one ATM in this town and it didn't accept our credit card so it was really huge problem.

f150

full member

Activity: 606

Merit: 108

Bitcoin is very easy and fast when used in online transactions, but the drawback is very risky if you incorrectly enter the destination wallet address. so be careful before sending bitcoin to the destination wallet, if until it happens anyone can not help you. unless the destination wallet address will return it.

dificanovi

full member

Activity: 840

Merit: 106

Buzz App - Spin wheel, farm rewards

Quote from: virasog on July 06, 2017, 11:28:42 AM

Quote from: Fatunad on July 06, 2017, 04:00:27 AM

Quote from: OROBTC on July 05, 2017, 03:52:43 PM

...

If you are traveling and lose your credit card, but in a country that has a reasonably active Bitcoin scene, you can sell some BTC to pay bills while "over there".

This may become an issue for us.

Here is a case for having an online wallet, "travels anywhere".

This is really an advantage when bitcoin is already been accepted mostly on many countries which we dont really have a problem when we do travel even though we dont have cash on our pockets as long we do have our online wallet or any other wallet that do contain bitcoin would already do since we can cash-out anytime and anywhere we want.

Exactly, bitcoin can resolve this kind of problem but I guess you can use it if you are using an online wallet right? So as long you have your address then no worry at all you can have your money and solve your problem. Because even if the country is not using bitcoin you can convert it in fiat. No need to carry any card or cash, just need to have the wallet online and you can have cash always, anywhere and everywhere.

I save the bitcoin so that one day I can buy something I like that I happen to find by accident, so I do not panic to pay for it because I have some btc I will disburse. and one more reason why I save bitcoin because the price is very high especially if invest in it very big profits.

Bous

newbie

Activity: 78

Merit: 0

Well, to do that, you should find someone to buy your Bitcoin (in a foreign country, that wouldn't be a piece of cake), and he must gives you fiat directly. So that's pretty hard.

mOgliE

legendary

Activity: 1344

Merit: 1251

Hi,

Actually, you can already use it. I had a problem once when I was abroad. The solution I found was to sell bitcoin. I had cash in exchange and could go on with my travel. Quite practical indeed! Wink

Heyyyrenz

sr. member

Activity: 308

Merit: 267

There are many good reason why it's good to have some BTC here are some of the list why it's a good reason to own some bitcoin.

1. Like what you've said if you lost your wallet you can access to a online wallet to withdraw some bitcoin (The bad thing here is that bitcoin is not a universal currency some of the countries didn't recognize bitcoin.)
2. Once you have bitcoin and you hold it, soon you will become rich.
3. You can pay others whenever they are and the transaction is very low.
4. Fast transaction.
5. You can have bitcoin whenever you want, wherever you are and whoever you are.

So far here are my ideas why it's a good reason to own some bitcoin.

Topic: Another Good Reason to Own Some BTC - page 3. (Read 5009 times)