Bitcoin is unique to man. - page 4. | Bitcointalksearch.org

kryptqnick

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Quote from: Crptomagma on October 17, 2020, 04:38:28 AM

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.

It's not the first, and it's not unique. Bitcoin is valuable and innovative, but there are also tons of altcoins and some Bitcoin predecessors. Bitcoin does have a uniquely strong community, a good dev team, a powerful and very active forum dedicated to it, and probably way more public support and recognition than any other cryptocurrency. As for its future, I think Bitcoin will remain #1 and will not die, but it probably won't gain global adoption (I'm talking about 500 million users or more) either, although I hope I'm wrong about this one. I think so based on the adoption rates, but a big step forward can occur anytime, of course.

affandi

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not only unique, but also special. many new cryptos have sprung up and tried to compete with bitcoin over the years, but in fact bitcoin remains the first. community is what makes bitcoin stronger, so it's not wrong to think the future of bitcoin will be bright. and yes, owning bitcoin is like having own bank, so we ourselves are responsible for all of that.

TIDOVEE

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Yes, Bitcoin is unique to man because Bitcoin supports living and we are still called man because we are living.. anything that can earn you a living cannot be underemphasized. Bitcoin pays well, but I may not say it does in all currency, because it is decentralized, there is no partially in distribution of token whether you are from a black country or a white, it gives whatever you work for, but other values is left to the value of your country currency.

3meek

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God, save BTC!

Bitcoin is a new phenomenon of digital money! It is unique in that it is supported around the world, but unofficially! Wink

That is, any person without a third party can send value anywhere! For me it is enough to consider Bitcoin unique!

sarmrakib

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Its really unique .Using of Bitcoin is increasing day by day .The whole world are knowing about bitcoin and i think he is so lucky who are know about it and have a way of earning .It is most helpful to keep our fund secured and doing a transaction smoothly .The community will be huge gradually .

Oasisman

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Rollbit

Quote from: bitzizzix on October 17, 2020, 03:06:23 PM

Especially it is very profitable and can be used as a promising asset or source of income.

If people continues to perceive Bitcoin this way, I guess there will be a very slow progress with this technology in the near future.
There's more than just a "very profitable asset" or another option for "source of income" behind this technology. Bitcoin was created to surpass financial struggle that the traditional banks are depriving it's client since.
Bitcoin should be used more of a currency than just a tool for investment.

Crypto_lion

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Quote from: Crptomagma on October 17, 2020, 04:38:28 AM

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.

Bitcoin is safe and decentralized and you are in charge if it. But the people outside the crypto community is ignorant of these facts and they think that it is easily lost it hacked. We need to change this to being mass adoption.

buwaytress

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Not the world's first digitalised currency. Wasn't even the first decentralised one to be fair (thinking of hawala systems that are still in use today, for example)... although with the proliferation of users, nodes and distribution of all those, I agree it is the world's most decentralised now. And the fact it's the world's most accepted currency (try find another currency you can easily sell or buy anywhere in the world) makes it even more special.

zeingrind777

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Quote from: Crptomagma on October 17, 2020, 04:38:28 AM

bitcoin is bright and promising for those who puts interest in it.

I Agree, The future of Bitcoin will be bright in any country. This is based on the increasing number of millennials and generation Z who will increasingly take advantage of technology, including Bitcoin. On the one hand, online trading has also become more widespread. The use of Bitcoin and other cryptocurrencies will be increasingly used. Conventional banks must see this as an effort to adapt to the times. System integration or making digital money derivative products is feasible.

Replacement of the generation of people makes using Bitcoin as a legal means of payment only a matter of time. However, eliminating paper money as a means of payment takes a long time. Fiat currency will now be increasingly abandoned if the security system gets stronger or the use of cryptocurrency increases.

So Bitcoin will be the legal tender for years to come.

carlisle1

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Quote from: Assface16678 on October 17, 2020, 11:27:23 AM

Bitcoin is not the first digitalized currency. It is rather the first decentralized digital currency.

Indeed Bitcoin is the first decentralized currency thats why no one can control this and that is the aspect why most
of us invested here and staying even that the
volatility sometimes kills us.

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Keeping your funds in the form of Bitcoin is not always advisable or is not really necessary. keep in mind that the market value of Bitcoin is volatile.

So if that's your point then why still in this market when you can just put your money in banks as they are more safer there?

remember that we are here because we trust bitcoin and we are risking in its volatility.

Quote

There is always a risk of 'losing' money

at least you have mentioned this mate because in every investments there is surely a risk and we must bare with that in order to profit.

sunsilk

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Quote from: Assface16678 on October 17, 2020, 11:27:23 AM

Bitcoin is not the first digitalized currency. It is rather the first decentralized digital currency.

I support this. There were a lot of digital currencies that have existed even before the dominance and creation of bitcoin. I've read through a discussion that bitcoin was also inspired by Digicash made by David Chaum.

https://en.wikipedia.org/wiki/DigiCash
https://en.wikipedia.org/wiki/David_Chaum

lovesmayfamilis

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Quote from: ChrisPop on October 17, 2020, 01:39:05 PM

This is exactly why it is going to be very hard for old people - especially from ex-communist countries to adapt to Bitcoin. They were raised to think that the government will take care of them - pension, welfare, etc. I'd say that people in capitalist countries are more accustomed to managing their own money. Anyway I strongly believe that decentralization is the next big thing in our society.

Which countries did you mean? I disagree that bitcoin can only be of interest to the younger generation. Bitcoin is so unique that the adult generation found it very interesting not only for investing but also as a means of payment.
The decentralization of bitcoin is fascinating for many. Transfers of our funds without intermediaries, as well as anonymity, is one of those things that we do not receive when dealing with fiat or bank funds.

Quote from: rollingdice on October 18, 2020, 02:50:24 AM

I don't think that Bitcoin is so unique now. Despite it still has some benefits of being the first, there are thousands of other decentralized currencies.

Your remarks about the thousands of decentralized currencies that could rival Bitcoin made me smile broadly.

Sapphire915

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Indeed, Bitcoin is such an awesome and unique creation that gives the users the easiest payment method and financial freedom to those who keep on trusting its value as an investment and as our digital asset. I believe, it would go a long and wider ways in the future.

rollingdice

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I don't think that Bitcoin is so unique now. Despite it still has some benefits of being the first, there are thousands of other decentralized currencies.

btc_angela

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Quote from: Crptomagma on October 17, 2020, 04:38:28 AM

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.

It's because it was developed to be used for micro-payments by Satoshi himself, it's just it evolved throughout the years and become a store of value or speculative asset. As far as being unique, by design, it was not, there are a lot of precursor to it, but just didn't succeed and perhaps by chance Satoshi did find the perfect formula after so many failures.

d_fitrie

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Quote from: ChrisPop on October 17, 2020, 01:39:05 PM

This is exactly why it is going to be very hard for old people - especially from ex-communist countries to adapt to Bitcoin. They were raised to think that the government will take care of them - pension, welfare, etc. I'd say that people in capitalist countries are more accustomed to managing their own money. Anyway I strongly believe that decentralization is the next big thing in our society.

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,

GreatArkansas

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Quote from: bitzizzix on October 17, 2020, 03:06:23 PM

Especially it is very profitable and can be used as a promising asset or source of income and because of Bitcoin's anonymous nature,
(....)

I don't agree with it's "very profitable and can be use for source of income" since at first, Bitcoin built not for that kind of reason.
It is primarily for payment, just like traditional fiat of ours. For me, Bitcoin for being an asset is kinda a bonus. But being a source of income alone, I totally disagree.
Because what I believe, we will work for Bitcoin, compare in traditional way; we work, and get salary by cash, check or bank deposit.

bitzizzix

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Especially it is very profitable and can be used as a promising asset or source of income and because of Bitcoin's anonymous nature, many parties continue to support the prohibition of cryptocurrency or bitcoin, and this concern arises because bitcoin exists and works outside the jurisdiction. from the traditional banking system and was seen as a real threat. and but the fundamental design is so perfectly crafted that bitcoin can never be banned and can only be managed independently and as long as the user has an internet connection and a bitcoin wallet and transaction activity can be easily carried out and anonymous and untraceable.

Twentyonepaylots

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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.

ekeh

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Bitcoin is a digital assets, that is created for a future useful, which has been contributed into many people life from financial Freedom across the nation. Bitcoin has a unique function and usage, as the case may be in the crypto industries.

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