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Topic: Bitcoin is unique to man. (Read 838 times)

brand new
Activity: 0
Merit: 0
December 20, 2020, 12:43:56 PM
#84
I think, You are wrong. still think negatively about parents, why are you too emotional, modern times like now in remote villages have entered the internet so learning is not affected by age. did you know some of the investors are old people.
sr. member
Activity: 1092
Merit: 254
December 01, 2020, 04:12:27 PM
#83
There is a whole lot to discuss about bitcoin but the mind blowing aspect is its being the world first digitalized currency and decentralized at that, How interesting to know and Its worth basically comes from being the first digital currency that has no human organization or authority to control. It’s has so much become common that anyone can buy,sell or receive it .In our world today a Bitcoiner  is a great investor and has good savings without no limit.

Bitcoin isn’t just safe to keep your funds but it keeps you in charge of your funds. despite the fact that bitcoin is a decentralized currency many human organizations and Authorities still seek for it and use it a means transactions (sending and receiving). I have no doubt that with these uniqueness the future of bitcoin is bright and promising for those who puts interest in it.



Agree with you that Bitcoin is s unique creation of this century, historically it is of great value. Even in case Bitcoin someday will be only like a memory for the humanity, but I hope it will never happen. But at least it laid the foundation for our future and for digitalized world. Even nowadays we see how fast our humanity is developing in this direction, and after even 5-7 years we will not see old servuces and systems and Bitcoin as one of the founders played a very big role in this.
legendary
Activity: 1414
Merit: 1108
December 01, 2020, 03:23:27 PM
#82
Everyone who values privacy definitely would value Decentralization and as such would value Bitcoin. Especially with the fact that, it is universal in it's nature and can be used in approved areas for trade and amongst fellow crypto or bitcoin enthusiast. Bitcoin offers you privacy and control of your affairs at any point from the comfort of your domain and as such, your bound to work with a platform that offers desired service.
No doubt, it would continue to be fought against by nations who wish to generate revenue from individual transactions but, it would be a sabotage on all that we enjoy so, guide it with care.
legendary
Activity: 2338
Merit: 1775
November 10, 2020, 02:42:42 AM
#81
There is a whole lot to discuss about bitcoin but the mind blowing aspect is its being the world first digitalized currency and decentralized at that, How interesting to know and Its worth basically comes from being the first digital currency that has no human organization or authority to control. It’s has so much become common that anyone can buy,sell or receive it .In our world today a Bitcoiner  is a great investor and has good savings without no limit.

Bitcoin isn’t just safe to keep your funds but it keeps you in charge of your funds. despite the fact that bitcoin is a decentralized currency many human organizations and Authorities still seek for it and use it a means transactions (sending and receiving). I have no doubt that with these uniqueness the future of bitcoin is bright and promising for those who puts interest in it.



Yes that's right.

The concept of Bitcoin is very revolutionary.  Satoshi Nakamoto created a currency that does not need intermediaries. 

Miners support the Bitcoin network.  At the same time, the goal of miners is to make a profit.  Satoshi Nakamoto was a realist.  He created a system in which each participant seeks to make a profit.  Miners receive profits in the form of mined bitcoins as well as commissions.  Investors make a profit in the form of an increase in the value of the asset (Bitcoin is a deflationary asset. Its value is constantly increasing). 

In the past, gold was such an asset.  However, over time, Wall Street dealers and national governments began to control the price of gold. 

At the same time, Bitcoin is more convenient than gold.  It is more convenient to store it.  Easier to make a transaction.
member
Activity: 560
Merit: 13
November 09, 2020, 06:59:02 PM
#80
Indeed. Thats one of the advantage of bitcoin, being decentralized is giving us more freedom to do what we want with our own asset since the government cant control it. I think its the best thing that btc has aside that it can be an investment. Being able to use it without any third party for sending/receiving and no hassle papers to fill up is really convenient. But some people are not seeing this advantage through bitcoin thats why they are still hesitant to engage themselves in crypto.
The best thing that bitcoin gives to the humanity is decentralisation and transparency. The use of block chain technology ease the people to avoid fraud and check the validity of the transaction. It is really an advantage to us pioneers of bitcoin because there are many people who still ignore using of bitcoin because they think it is a scam. After many years, bitcoin will become the main currency and I think it is also the time for us to be millionaires.
hero member
Activity: 2912
Merit: 629
November 09, 2020, 05:50:18 PM
#79
The uniqueness of bitcoin comes from various features of the currency, and one of them is the decentralization.
Indeed. Thats one of the advantage of bitcoin, being decentralized is giving us more freedom to do what we want with our own asset since the government cant control it. I think its the best thing that btc has aside that it can be an investment. Being able to use it without any third party for sending/receiving and no hassle papers to fill up is really convenient. But some people are not seeing this advantage through bitcoin thats why they are still hesitant to engage themselves in crypto.
sr. member
Activity: 1582
Merit: 281
Eloncoin.org - Mars, here we come!
November 09, 2020, 05:26:08 PM
#78
What makes bitcoin unique is that even people does not know who created it personally, even if most economists are against with it due to volatility, bitcoin community still sticks to it as if they are not affected. With hundreds and thousands of cryptocurrency in the market, bitcoin is no unique as a farm of decentralized currency, the only uniqueness it has is the people behind it.

Nah. Bitcoin isn't unique because we don't know the person or group that created it. It's not about the people behind it. If we knew who Satoshi Nakamoto is, what do you think will change? The uniqueness of bitcoin comes from various features of the currency, and one of them is the decentralization.
legendary
Activity: 2282
Merit: 1023
November 09, 2020, 05:11:47 PM
#77
Overlooking these observations, Bitcoin is indeed a unique asset that has refreshed our world and gave us a hope for a more transparent future.
We like a world with transparency but do everyone like those concepts, there are many waging a war against bitcoin and i can only assume that they do not want transparency in a financial asset which means less corruption and crime and not everyone likes those ideas to be implemented and on top of that no government wants to have their power reduced by a decentralized currency. The best part is they cannot do anything about it and we are expecting them to come up with regulations to have some control and get satisfied Cheesy.
jr. member
Activity: 54
Merit: 4
November 09, 2020, 05:00:26 PM
#76
Yes this is nice and interesting? There is no time fixed to do any transactions in bitcoin, You can transfer any amount of bitcoin to any where in the world, You don’t need to go to the bank or any physical store, there is no transfer limit, So bitcoin is unique and comfortable to use, stress less currency, online currency, You can carry millions of dollars in your wallet and make use if it in the next few minutes, but in banks you most under goes some verification before you can do.
legendary
Activity: 2310
Merit: 1033
Not your Keys, Not your Bitcoins
November 09, 2020, 02:45:04 PM
#75
Quote
In our world today a Bitcoiner  is a great investor and has good savings without no limit.

Although I like your enthusiasm, a "Bitcoiner" aka a bitcoin investor is not necessarily a good investor. My definition for a good investor is someone who has a track record of good investments over a long-enough period of time. In any case, remember that past results are not a guarantee of future results.

Quote
Bitcoin isn’t just safe to keep your funds but it keeps you in charge of your funds.

I'd say that keeping funds in BTC is as safe as their owner knowledge about best practices in security.

Overlooking these observations, Bitcoin is indeed a unique asset that has refreshed our world and gave us a hope for a more transparent future.
hero member
Activity: 1400
Merit: 505
November 09, 2020, 02:25:25 PM
#74
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That's what we all want, a currency not controlled by the government but we can still use for faster transaction, wallet to wallet, hassle fee and can also use as payment method. Bitcoin is very useful and and easy to use kind of decentralized digital currency as long as you have knowledge about it.
We are yet to achieve the payment part and i am hoping we will achieve that in the future, you really do not need to have the knowledge on how bitcoin works but all you need to know is to secure your wallet and that is about it. The governments around the world will find a way to control bitcoin in the form of regulation and there is nothing we can do to overcome that.
hero member
Activity: 1008
Merit: 540
November 09, 2020, 02:01:03 PM
#73
Bitcoin is indeed unique, and because of this uniqueness many want to own it, moreover bitcoin can provide benefits.
It is unique however not all people known about bitcoin, and still other think that bitcoin is a bitcoin scam from internet which they didn't know what the real bitcoin is and what profit can they get. We can say many wants to own bitcoin however others are still new or those who really wants to start bitcoin , they should need to read what bitcoin really is and how they start. How they can bitcoin benefits them. To open their mind and gain more knowledge about bitcoin.

For me it really is unique because it helps me alot of course for financial problem.
legendary
Activity: 3164
Merit: 1213
November 09, 2020, 01:57:25 PM
#72
Bitcoin isn't unique to man, it is an unique development by man. Bitcoin isn't the first digitized currency human have used. Already there is few cryptocurrencies in the market, and none have gained such a great acceptance as bitcoin. Maybe in the earlier days it is used for bad, but the technology gave a big outcome. Bitcoin having the limitations on production is the one that makes it even more unique when we compare it against the inflationary fiat which is printed whenever required.

Right now the usage of technology and bitcoin is getting widespread, as people have started to realise the truth and uniqueness of blockchain and bitcoin.
sr. member
Activity: 1092
Merit: 254
November 09, 2020, 01:22:49 PM
#71
There is a whole lot to discuss about bitcoin but the mind blowing aspect is its being the world first digitalized currency and decentralized at that, How interesting to know and Its worth basically comes from being the first digital currency that has no human organization or authority to control. It’s has so much become common that anyone can buy,sell or receive it .In our world today a Bitcoiner  is a great investor and has good savings without no limit.

Bitcoin isn’t just safe to keep your funds but it keeps you in charge of your funds. despite the fact that bitcoin is a decentralized currency many human organizations and Authorities still seek for it and use it a means transactions (sending and receiving). I have no doubt that with these uniqueness the future of bitcoin is bright and promising for those who puts interest in it.



I've caught your idea in your post. And of course agree that BTC is a unique and really revolutionary thing that has happened to us in this century. But I can not agree that the Bitcoin holder or someone who has assets in BTC has got savings with no limits. First the price is always changing and this is the most important thing that investor should remember. Second - some countries still keep some limitations and regulations for those who prefer to use crypto. So of course Bitcoin is a great thing, but only for those who hold it wisely and keep on touch with all the changes on the whole market.
newbie
Activity: 28
Merit: 0
November 09, 2020, 12:58:57 PM
#70
the thing that makes bitcoin special is satoshi nakamoto. he is the mystery of the bitcoin cryptocurrency. the thing he created made this world a whole new place. i am just thinking about that first pizza restaurant selling that pizza for $12k. that much BTC now would be a great much of money
newbie
Activity: 13
Merit: 0
November 09, 2020, 12:32:37 PM
#69
Bitcoin is indeed unique, and because of this uniqueness many want to own it, moreover bitcoin can provide benefits.
member
Activity: 1041
Merit: 25
Trident Protocol | Simple «buy-hold-earn» system!
November 09, 2020, 10:31:12 AM
#68
There is a whole lot to discuss about bitcoin but the mind blowing aspect is its being the world first digitalized currency and decentralized at that, How interesting to know and Its worth basically comes from being the first digital currency that has no human organization or authority to control.
I like your enthusiasm and by now you might understand that bitcoin is not the first digital currency and if i am right it was e-gold that was used as the first digital currency until the government stopped them from flourish further 12 years after it was launched and the speciality of bitcoin is that it is not a centralized currency like e-gold and it is not that easy for any government to stop bitcoin.

That's what we all want, a currency not controlled by the government but we can still use for faster transaction, wallet to wallet, hassle fee and can also use as payment method. Bitcoin is very useful and and easy to use kind of decentralized digital currency as long as you have knowledge about it.
hero member
Activity: 1400
Merit: 505
November 09, 2020, 10:09:02 AM
#67
There is a whole lot to discuss about bitcoin but the mind blowing aspect is its being the world first digitalized currency and decentralized at that, How interesting to know and Its worth basically comes from being the first digital currency that has no human organization or authority to control.
I like your enthusiasm and by now you might understand that bitcoin is not the first digital currency and if i am right it was e-gold that was used as the first digital currency until the government stopped them from flourish further 12 years after it was launched and the speciality of bitcoin is that it is not a centralized currency like e-gold and it is not that easy for any government to stop bitcoin.
member
Activity: 182
Merit: 10
November 09, 2020, 09:20:23 AM
#66
Particularly it is by and large users and can be utilized as a promising resource or wellspring of pay and on account of Bitcoin's weird nature, different social events keep supporting the avoidance of cutting edge money or bitcoin, and this worry ascends considering the way that bitcoin exists and works outside the ward. from the standard financial structure and was viewed as a genuine danger. likewise, regardless, the essential course of action is so impeccably made that bitcoin can never be restricted and ought to be managed straightforwardly and as long as the client has a web association and a bitcoin wallet and exchange advancement can be effortlessly completed and odd and untraceable.
member
Activity: 537
Merit: 10
October 28, 2020, 12:36:32 AM
#65
Especially it is altogether beneficial and can be used as a promising asset or wellspring of pay and because of Bitcoin's strange nature, various social occasions continue supporting the prevention of advanced cash or bitcoin, and this concern rises in light of the fact that bitcoin exists and works outside the ward. from the standard monetary structure and was seen as a certifiable threat. in addition, notwithstanding, the vital arrangement is so faultlessly made that bitcoin can never be limited and should be regulated openly and as long as the customer has a web affiliation and a bitcoin wallet and trade development can be easily finished and strange and untraceable.
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