Topic: Bitcoin is useless - page 16. (Read 3669 times)

You are entitled for your opinion, but I see you do not get the point of the users. You may be right to some things that you have said but people do not care about that. In this dirty old world no one will care if a thing is risky or not as long as you can earn money from it. And as for the use, I use bitcoin to pay my friends and get paid. I also pay bills through bitcoin and that really saves my time. If you really think you are getting hurt by using bitcoin, no one insists for you to continue, you may stop whenever you want and no one will give a budge.

Everything you cannot properly use is useless. If it does not help you in any way, like making profit, then of course yes. You still have to calculate all reasons you're spending time with something useless. Be sensible and reasonable))

I am not sure that bitcoin is completly useless. A lot of big money is already invested in bitcoin and i think that this number will grow more with time.

You cannot say something is useless when in fact it is beneficial. Btc is very beneficial in our country and many users, investors, billionaires proved that already. Some people here relies all their financials through btc, some used it as an extra income and many people was given opportunity to become rich. I guess you're also living the benefits of btc.

I can use bitcoin to all my bills monthly!
ELECTRIC bills GOT PAID FROM THIS!
water bills, my phone and fiber, cable for TV and my postpaid.
all of those can be paid into bitcoin and there's more.
my social security contributions, some of my credit card bills.

Bitcoin is not useless and you can use it in many ways, and as the technology goes and so many establishments are now giving respect to bitcoin capability
they are also accepting now this coin.

Which says useless bitcoins are the ones who do not understand with bitcoin and do not want to change, they're comfortable with traditional transactional systems that rely on safes to save their money.

I do not think it is useless. It has given us so many opportunities to become rich. Besides, I think the Bitcoin technologies have been improved because they are always traded in large volumes. But it making not so much use to pay for something tbh). BTC is too young for now

Bitcoin can help us in many way, like on its easy transaction ,this is also help us because we can paid others through bitcoin just make sure that you have internet to send easily bitcoin to another address. This kind of way is help us to paid easily.

If there's no actual use after its creation then why did it pumped to $20k from last year? And also why there are now companies wanted to use this cryptocurrency.
It is higher, simple, its the highest crpytocurrency in the market right now, so its just all marketing strategy. Sticking with fiat? Good luck with that.
Its not unknown, its just that you're not familiar with its utilization yet.


There are no 'a lot of benefits'. Although I can tell that it is the highest cryptocurrency yet, and t reached $20k last year. But that very convenient still. How can you say that it is very useful, please have examples.

That's not true , bitcoin is very useful to us.People who says bitcoin is useless they are the person who really don't know what and how to use Bitcoin .They don't have any idea how Bitcoin will help them to grow their money and also help them to become rich soon .I hope someday bitcoin will also help me in many things

Take away the opportunities that I have to earn money from Bitcoin, then it will become useless to me. The only reason I still remain with Bitcoin is because I’m earning from it, apart from that, it’s totally useless (now) cause every other features it has to offer doesn’t make sense anymore. The time it takes for carrying out transaction, processing and confirmation, they all sucks and waste time. The only thing that is good now is the fees for transaction, but it will become costly again once price starts to rise.

That's not what the OP meant, bitcoin by being useless is because there is no actual use after its creation, you imagine transaction cost is higher than paying what you get, i'd stick using fiat for transaction than using bitcoin. Yes bitcoin gave a lot of fortune and wealth to a lot of people but its practical use and function is still unknown.

For me, no! Bitcoin is not useless. How can you say that when many people lives was change by bitcoin unexpectedly and many become millionaire instantly who start from nothing. Bitcoin is indeed reducing poverty because of a lot of jobless people are now working to earn bitcoin and it extremely useful for their lives that it really aided them financially.

I dont agree that bitcoin is useless, i am a big fan of bitcoin since last year and i am confident that bitcoin is very helpful for a lot of people here in crypto world and ever since that bitcoin was running a lot of people are making a lot of money or profit.

some are profitable.i have had the fortune of participating in some.it is always a good idea to do some checks before you invest your time in it.

I agree. I think it just depends on the person you're asking. I think for many people here and all those around the world supporting the cryptomarket, I would believe that they would never say that Bitcoin is useless. It introduced the cryptocurrency market to the world, being the pioneer coin. It has been the medium of many cryptocurrency traders and investors in the market, that most certainty, brought them alot of profit, and therefore, good changes in their lives. So, I think that it's very useful.

We respect your opinion about bitcoin, considering there are different views from people when it comes to cryptocurrency. My question is, if you think bitcoin is useless why do you make efforts just to make us believe in your point of view? Yes, I know, bitcoin might be useless but bitcoin cab be a source of income. That's your own view with a touch of irony. But for me, bitcoin is useful because it enhances MY everyday transactions.

you point can be debated.much of the points made can also be said of fiats which are not back by anything.Our government print them at will.We have had failed fiat at different time history.Bitcoin has its own challenges but not totally useless in my opinion

I agree with you there. Sure wish people would try and articulate their meanings and come with more valuable responses other than broken english get rich quick responses. I know everyone's native language isn't english but come on. "I made income, it provide will wealth, i dont not work anymore because I'm millionaire, it helps me buy my groceries and pay bills, blah blah blah.

Don't get me wrong I am very bullish on blockchain and crypto-currency goes hand in hand with that. Sorry they are here to say. As for Bitcoin. It was the first and is still a very valuable asset to have and will rise again. It will not always remain on top. Ethereum will overtake it by market cap this year. Nothing against Bitcoin as it has paved the way and opened the doors to the masses. But as for a use value for transactions sorry but that is not currently the case. Maybe future updates will fix that. But it is too volatile and tx fees are still to high to use it in our daily lives. But still a great store of value. Still a sound investment if you don't mind the RvR. (Risk vs. Reward)

No ponzi scheme as they are backed by a certain group of people looking to prey on others. Any currency only has value by who is willing to trust it and use it. I trust crypto more than my own government currency that is backed by "trust". It will collapse. It was great when it was backed by gold but not anymore. Hyper-Inflation will drive it to collapse. Value comes from if people are willing to use it and accept it. Crypto is beginning to do that. So while there will always be millions of people willing to accept Bitcoin it will never be useless. OP just has to learn to accept that.

People still speak about "profit", still smells ponzi, no constructive comment.