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Topic: Bitcoin is unique to man. - page 5. (Read 842 times)

hero member
Activity: 1862
Merit: 830
October 17, 2020, 01:51:12 PM
#5
Bitcoin gives people in charge of their funds for real , the government, the banks , it's all too complicated and too superficial, but with bitcoins it actually your funds and you can independently make a decision despite any ups and down.

In stock markets and such you have a specific time when you are supposed to mature your funds for and thus it takes some independence away from you, at the same time it's very intensively connected with the government and the market situation is very controlled. But with cryptocurrency like bitcoins it's actually really good to have an option.

It would be better to see if more people appreciate it like you .
legendary
Activity: 2310
Merit: 1033
Not your Keys, Not your Bitcoins
October 17, 2020, 01:39:05 PM
#4
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.
legendary
Activity: 2240
Merit: 4133
eXch.cx - Automatic crypto Swap Exchange.
October 17, 2020, 01:27:22 PM
#3
Keeping your funds in the form of Bitcoin is not always advisable or is not really necessary.

If you actually meant what you wrote then you don't understand the currency you're writing about. If keeping your funds in a form that gives you control over your finances 24hours a day (A.K.A bitcoin) is not advisable then what is, the banks?. Seems you misunderstood the OP point of view. With bitcoin, you are always in control but the banks can restrict you access to your funds at any moment. Please understand clearly the difference between bitcoin and the service providers like exchanges as they aren't no different from the banks.

Don't think they OP was emphasizing on having all your funds invested into bitcoin instead only highlighting a clear advantage bitcoin has over the traditional currencies (fiat). Bitcoin is quite unique although it has it limitations which is an obvious fact as it's contributing to the slow rate of adoption although that's not much of an issue since the currency is still new and has a lot of time to grow if given the chance.
full member
Activity: 1358
Merit: 134
★Bitvest.io★ Play Plinko or Invest!
October 17, 2020, 11:27:23 AM
#2
Bitcoin is not the first digitalized currency. It is rather the first decentralized digital currency.
 
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 .

This technology is indeed revolutionary. But given how "young" it is, there are still limitations especially to some countries wherein there are restrictions regarding selling and trading not only Bitcoin but also other cryptos.


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).

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. There is always a risk of 'losing' money whenever there is a sudden downfall on its market price so be cautious of putting all of your funds into it. As what I have mentioned above, there are still limitations on its use as a currency or towards transactions. Authorities may not be seeking for its usage but more of its regulation.
member
Activity: 350
Merit: 37
★777Coin.com★ Fun BTC Casino!
October 17, 2020, 04:38:28 AM
#1
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.

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