Topic: Another Good Reason to Own Some BTC - page 9. (Read 5009 times)
With the bitcoin we can make safer payment transactions easy to use even though we only have an android gadget that can store bitcoin wallet, Traveling anywhere we always feel confident without having to carry credit cards or Atm in our pants pocket because with bitcoin we can make a transaction anywhere and anytime while many shops or other shopping centers can accept bitcoin.
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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".
Yeah the idea of Bitcoin credit card is being thought of for a long time, there are really projects to develop that idea to come true. I think the uses of Bitcoin credit card is really big but the idea of crypto currency credit card should be on some else Alcoins which is optimized for daily payments that can be used with credit cards. 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".
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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".
There are other ways as well, but not as convenient as online wallet. i do keep some BTC in online wallet for spending purposes. one day all the stores across the globe will be accepting bitcoin payment(i'm waiting for that day to happen). 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".
Multiple good reasons, in which, best one is Bitcoin has traditional online payment system maintained by decentralized authority. Investing money is also simple.
Benefits of bitcoin are more. Such as, there are no transaction fees, no middle management system, open software, and transactions recorded in blockchain.
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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 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".
True. Or to be honest you can probably travel just on bitcoin right now. Credit cards charge way too much for fees overseas and the conversion fees are extremely high compared to interbank rates as well. When using bitcoin you might actually get some discounts due to the fact that many countries have strict capital control especially in Asia(Korea, China, etc. you get the picture).
Wouldn't that be quite fun? I mean, it just ultimately shows how useful bitcoin is especially when you're overseas, because bitcoin is an international currency, much like preciosu metals. It's not owned by any state.
Travelling on just bitcoin would be pretty much impossible at the moment in certain countries, you're probably not going to get any sort of premium for your coin. But on the contrary, expect to pay a big premium for the fiat currencies.
Unless you know the local people there, do not see bitcoin at least right now at some sort of way to avoid carrying cash and credit card around. Obviously, this will change as more people accept bitcoin around the world but it is currently just too impractical to be exchanging $200 in btc countless times p2p just to pay for food and accomodation.
But as OP said, bitcoin as an emergency backup should prove to be very helpful in various scenarios.
For an urgent needs, we can convert digital money into liquid cash in less time. Not only that, we can use bitcoins for personal usage or any purpose without any restrictions. Security is also high.
I agree with you, we can easily cash out our bitcoins into fiat money because we can do it using the internet only and not like other currency that you need to go to an exchanger of money to be able to get the fiat needed in your country. Bitcoin can be also a money to purchase things online which is very convenient for a person who just want security and also good payment system at the same time. 
For an urgent needs, we can convert digital money into liquid cash in less time. Not only that, we can use bitcoins for personal usage or any purpose without any restrictions. Security is also high.
Everyone knows that bitcoin is a digital money so we can use it anywhere, if we are agree to accept BTC by means of payment, in that way we can help our family to have simple life in easiest way, it because BTC is easy to transfer in to defferent places in this world so we can help our family even we are in abroad.
Another good reason to own some btc is easy to access the btc anywhere. It really can use anywhere as these days bitcoin is being use globally but hoping this to accept soonest were we can use bitcoin to buy goods and services in the future.
I am earning bitcoins by doing signature campaign, my skill work tasks for bitcoin and participating in social media bounty and other giveaways by the Altcoins, though this way i am earning bitcoins and some i convert to fiat currency to expense it and balance i keep for future support.
According to my online wallet I have. Can only be used for widraw at local bank. If I travel outside the country. Maybe I will have trouble with paying bills. I think before you travel outside the country you can widraw first bitcoin you have so you have enough money to pay bills
Having some BTC is a good thing because the future money is in your hands. Anyway i think in the future bitcoin will still increase its price and eventually it will become more popular, thus having it now and saving it for the future is a good reason. THats why lets continue to support bitcoin.
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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 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".
True. Or to be honest you can probably travel just on bitcoin right now. Credit cards charge way too much for fees overseas and the conversion fees are extremely high compared to interbank rates as well. When using bitcoin you might actually get some discounts due to the fact that many countries have strict capital control especially in Asia(Korea, China, etc. you get the picture).
Wouldn't that be quite fun? I mean, it just ultimately shows how useful bitcoin is especially when you're overseas, because bitcoin is an international currency, much like preciosu metals. It's not owned by any state.
Yes that's true. But it also depends on the places you are traveling. If you are into some trekking adventures, some off-places, places that are quite different from city-life, then some local fiat is really necessary.
I am one kind of adventurous man. Mountains, falls, and other natural wonders amaze me. I might not give my all to bitcoin when travelling to these places.
I am one kind of adventurous man. Mountains, falls, and other natural wonders amaze me. I might not give my all to bitcoin when travelling to these places.
Everyone knows that bitcoin is a digital money so we can use it anywhere, if we are agree to accept BTC by means of payment, in that way we can help our family to have simple life in easiest way, it because BTC is easy to transfer in to defferent places in this world so we can help our family even we are in abroad.
Another good reason to own some btc is easy to access the btc anywhere. It really can use anywhere as these days bitcoin is being use globally but hoping this to accept soonest were we can use bitcoin to buy goods and services in the future. 
Everyone knows that bitcoin is a digital money so we can use it anywhere, if we are agree to accept BTC by means of payment, in that way we can help our family to have simple life in easiest way, it because BTC is easy to transfer in to defferent places in this world so we can help our family even we are in abroad.
...
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 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".
When you hold bitcoin you don't actually hold anything. All you need to do is remember your wallet identifier and your password(in blockchain.info's case) and you're set to travel anywhere in the world cardless, cashless.
It is probbaly still more convenient in most countries to use their native currency than to use bitcoin directly to buy goods, though. So i would say that until bitcoin achieves mass adoption, people should try to still get their hands on a bit of local currency just for the sake of convenience.
The usages of bitcoin is only limited by your imagination
...
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".
In countries that do not have bitcoin, there is no way you can use bitcoin to pay for them unless you change bitcoin to fiat and pay for the services you use.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".
and that is what OP is saying! the bold part!
and almost all the countries have some people buying and selling bitcoin, at the very least you can go on a website like localbitcoins and sell your coins there.
or you can even go and sell your bitcoins to any internet currency such as paypal, perfectmoney,... and then sell those to local currency if you couldn't find a place to sell bitcoin directly.
...
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".
In countries that do not have bitcoin, there is no way you can use bitcoin to pay for them unless you change bitcoin to fiat and pay for the services you use. 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".
Actually there are many reasons to have BTC. But very important reasons I am going to mention below -
1. Bitcoin is the biggest invention of this century
2. Bitcoin is decentralized, Open source, Secure and Transparent
I think these two reason are sufficient to have BTC. But still price matter. Day By Day price of Bitcoins increasing exponentially. This can also be good reason as Investment.
1. Bitcoin is the biggest invention of this century
2. Bitcoin is decentralized, Open source, Secure and Transparent
I think these two reason are sufficient to have BTC. But still price matter. Day By Day price of Bitcoins increasing exponentially. This can also be good reason as Investment.
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