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Topic: Bitcoin impacts? - page 7. (Read 7365 times)

hero member
Activity: 672
Merit: 500
January 16, 2016, 04:56:30 PM
#63
It's cool not having to depend on a bank or any corporate business. I can control what I do with it and when to withdraw and when to start saving and how much. There's not limit to what you can do with bitcoin.

Sure its amazing to have full control of your money without need to ask banks to let you witdraw your funds ,they take a fee from your money that they lend to others,then ask for some days to be able to withdraw big ammounts like 10k dollars ,bitcoin can moove milion into anywhere.

But if you save bitcoin until million dollars in bitcoin wallet, it is not safely. Hackers and cracker can detect your own wallet and maybe will steal your money. So better have more then one wallet to save a lot amount of bitcoin.
member
Activity: 70
Merit: 10
December 18, 2015, 12:46:43 AM
#62
Bitcoin has a great impact to the society. It allows options for trading thus creating employment. With high level of employed persons in the society, their living standards will be highly improved. People will have a reliable source of income that can help them make purchase of the daily needed commodities. A poverty free society is the best ever. I also believe that the economy will be improved if the bitcoins are used to the maximum of their potential. The positives just outweighs the negative impacts.
sr. member
Activity: 433
Merit: 250
December 17, 2015, 02:54:13 PM
#61
Be your own bank
hero member
Activity: 560
Merit: 500
December 17, 2015, 02:53:14 PM
#60
It's cool not having to depend on a bank or any corporate business. I can control what I do with it and when to withdraw and when to start saving and how much. There's not limit to what you can do with bitcoin.

Sure its amazing to have full control of your money without need to ask banks to let you witdraw your funds ,they take a fee from your money that they lend to others,then ask for some days to be able to withdraw big ammounts like 10k dollars ,bitcoin can moove milion into anywhere.
legendary
Activity: 3010
Merit: 1028
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December 17, 2015, 08:44:12 AM
#59
bitcoin makes transferring money very easy, simple , and fast with low fees and no charges at the end,and the most important thing, its anonymous,even people say bitcoin is not fully anonymous,but it did make my transaction more secure

As long as people don't know the addresses that you use, are connected to you, then there is nothing to worry about. Then it's nearly fully anonymous.
even people know what address do you use, there's many site that offer mixing service,so, nothing to worry about
hero member
Activity: 2688
Merit: 588
December 17, 2015, 09:36:51 AM
#59
Bitcoin must be a revolution in financial world as well as in technology. The impact of bitcoin invention are unimaginable in online transaction and investment returns. These impacts and surprises are highly expected to be continuing till bitcoin find a stable price.
hero member
Activity: 588
Merit: 500
December 17, 2015, 08:44:52 AM
#58
Bitcoin has impacted more than some people realize.  First they offered a form of currency that is easy to use and can not be hacked.  Next, the US IRS has declared Bitcoin an asset and not currency, so there are less taxes to be paid on certain trades and profits.  There are so many impacts it has made and the largest is that against all odds and all governments shunning this as a currency, this virtual digital good is worth more than most precious metals!!
hero member
Activity: 952
Merit: 503
December 17, 2015, 08:39:41 AM
#57
the way that we can do an instant transaction anywhere and everywhere
sr. member
Activity: 280
Merit: 250
December 17, 2015, 08:34:19 AM
#56
It's cool not having to depend on a bank or any corporate business. I can control what I do with it and when to withdraw and when to start saving and how much. There's not limit to what you can do with bitcoin.
hero member
Activity: 560
Merit: 500
December 17, 2015, 07:07:04 AM
#55
Bitcoin showed all that we are wasting money ,the banks were the first ones to see those with blockhain ,the waste of money they do to transfer money,soo besides  low fees and high security bitcoin is the revolution .
member
Activity: 84
Merit: 10
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December 16, 2015, 07:29:19 PM
#54
Bitcoin is the currency that has shown how great the blockchain technology really is.
legendary
Activity: 1218
Merit: 1007
December 16, 2015, 07:24:11 PM
#53
The biggest and most un-expected impact that bitcoin has done is to show that fiat money doesn't have to be used at all. It's an amazing and shocking
thing for an average Joe to grasp, and as soon as they accept how that is true, bitcoin will start posing a real threat to today's 1% privileged.
How bigger of an impact can there be, than to realize that everything you believed was a well thought lie ?
Well I wouldn't say that Bitcoin would pose a threat to the 1% privileged. As long as there is a government to back the use of fiat, there will always people willing to accept it and spend it.

We never know, however. Bitcoin could already be under the watchful eye of large-income individuals, and they might be some of the people driving the price increase recently.

The average Joe is shocked, however, I agree with you on that. They seem to have such a hard time believing that such a thing can exist that isn't a depreciating number.
hero member
Activity: 630
Merit: 500
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December 16, 2015, 06:52:21 PM
#52
The biggest and most un-expected impact that bitcoin has done is to show that fiat money doesn't have to be used at all. It's an amazing and shocking
thing for an average Joe to grasp, and as soon as they accept how that is true, bitcoin will start posing a real threat to today's 1% privileged.
How bigger of an impact can there be, than to realize that everything you believed was a well thought lie ?
sr. member
Activity: 310
Merit: 250
December 16, 2015, 06:24:57 PM
#51
With Bitcoin you can prove how you receive and spend your money. Banks sometimes lose wires, but you can't lose a Bitcoin transaction. You don't have to trust a bank to send you your money, or risk the bank losing it when you use Bitcoin.
hero member
Activity: 560
Merit: 500
December 16, 2015, 04:52:38 PM
#50
Bitcoin is the best bank i had my money to lend or do any investment i wanna and the % that i can take from bitcoin investment against banks or others projects are very very away like 1 to 100% difference,soo im my own bank i pay my bills with fiat ,but one day i will pay the same bills with a discount bitcoin can make that happen.
hero member
Activity: 1274
Merit: 516
December 13, 2015, 04:22:39 AM
#49
Bit coin already making hisa waynyonimoact our social life, as we can see now many stores already procide bitcoin payment and some of the big company is preparing all the infrastructure for bitcoin usage
hero member
Activity: 504
Merit: 500
December 12, 2015, 04:57:22 PM
#48
You can use bitcoins even if your government is a dick and censors everything and doesn't allow you to transfer your local currency into foreign "hard" cash. A good example is China and many people in China are starting to adopt bitcoin because they want to have some freedom and liberty and convert their otherwise useless savings into hard foreign currencies that everyone wants.
hero member
Activity: 560
Merit: 500
December 12, 2015, 04:54:47 PM
#47
Returning the power to the people as some years ago when we havent those banks instituitions and the governments werent controling every transaction made,would be amazing to see how countries will keep paying a high salary to those idiots that rule the governments and steall the money from the people.
legendary
Activity: 3500
Merit: 6981
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December 12, 2015, 02:17:06 PM
#46
Blockchain technology is revolutionary, though I can't honestly say I understand it all.  Cryptography/math is not my background.

And I have to say, bitcoin has made a huge impact on dark markets.  I'm somewhat of a libertarian when it comes to drugs and I think they should more or less be legalized and that users of drugs should stay out of jail (as long as they're not commiting other crimes).  So any way to pay for drugs that keeps the user away from the law I'm down with.  The other stuff in the dark markets can go suck a dick.
legendary
Activity: 2674
Merit: 1048
December 12, 2015, 02:13:09 PM
#45
For you which could be the most important impact that bitcoin have made, will make or has been making to our society?
bitcoin have impact to financial system,and bitcoin also born as new thing for investement,on past time,we just know gold,silver or property for investement,but bitcoin come with new hope and new way to invest money to unstable thing.
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