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Topic: Bitcoin - why do you think people are choosing to use cyptocurrencies? (Read 2449 times)

hero member
Activity: 658
Merit: 500
Fast transactions and low transfer fee  Wink There are also many Web sites, using BTC, so you can use your BTC there  Grin
legendary
Activity: 1596
Merit: 1027
That's a simple answer.

People choose cryptocurrencies over Banks because Banks charge high fees for international transactions.

Cryptos, on the other hand, have the ability to turn transaction costs into virtually ZERO costs. So Cryptos have become the killer app for entrepreneurs, freelancers, merchants and investors who deal in international markets and have the need to execute several international transactions. For them cryptos allows them to accumulate savings by cutting the costs.
newbie
Activity: 3
Merit: 0
I guess there are a number of reasons why people choose bitcoin. I know that many of my friends who work abroad use bitcoin to send money home. I personally love the technology behind.
newbie
Activity: 28
Merit: 0
Thank you so much for your positive feedback be sure to encourage your friends within the bitcoin community too. It's thanks to you that we can develop research that helps our community better understand Bitcoin.
hero member
Activity: 728
Merit: 500
I just completed your survey and I must say it was awesome experience to see and answers those variety of questions.I hope my feedback will be useful for your project .
newbie
Activity: 28
Merit: 0
Thanks for your feedback and for taking the time to complete our survey. Have a good day! ☺
legendary
Activity: 2828
Merit: 1515
It's the response you get from the multiple failures of currency across the world. You have the spotlight of Greece the media put on about a month ago which sparked a scare. You saw an increase of bitcoin trading volumes and price that aligned perfectly with it. People honestly saw potential in Bitcoin as a long sustainable currency that wouldn't ball to governmental regulation which would, in a way, corrupt it. 
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
I have just completed your survey. Thanks for your interest in Bitcoin and in our community. Hope I helped.

Good luck!
newbie
Activity: 28
Merit: 0
Just an update on the results so far. It seems that most respondents find bitcoin frustrating to use. Do you agree?
newbie
Activity: 28
Merit: 0
Thanks for your feedback. To have it offically documented please fill out our survey if you have a couple of minutes.

https://docs.google.com/forms/d/1dwfpGxqv8JupXAAJ9icTdUFfbFktk8R2OB_4wguzVQU/viewform
legendary
Activity: 1876
Merit: 1005
People begin to use Bitcoin and cryptocurrencies because these will have wide use in near future.These currencies are open ledger with transparency and most import ease of use with freedom and off course low cost when transfer funds anywhere in the world.
newbie
Activity: 28
Merit: 0
Thanks very much for your feedback! It is much appreciated  Smiley
newbie
Activity: 28
Merit: 0
Thanks very much for your important feedback. This research will play an important role in exposing the thought behind bitcoin adoption. Have a good day.  Smiley
hero member
Activity: 742
Merit: 500
i've done

Bitcoin Adoption Study
Your response has been recorded. Thank you very much for your time.


That such a fun i filled thats answer with my honest,this is a great research for bitcoin community for having information about user of bitcoin
legendary
Activity: 3248
Merit: 1070
because they want to avoid some hassles about gambling, it's a pain in the ass to do it legally with fiat, the same for poker and everything akain

and because other people want to avoid some form of taxation, and stay overall more anon
legendary
Activity: 3276
Merit: 2442
Because there is nothing better than buying pots and gambling anonimously, bypassing the police and enjoying the life.
newbie
Activity: 28
Merit: 0
Thanks everyone for completing the survey. We are very grateful for your input. We realize surveys can be tedious so thank you for your time~ Smiley
newbie
Activity: 28
Merit: 0
Thank you very much for your feedback! I look forward to to tabulated all the results!  Smiley
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
Done, I think most of the questions was easy to answer. I have to say after the whole Snowden thing, I have started
to look into ways too make my life a bit more private. Foreign governments should not spy on citizens from other countries for no good reason, and it's becoming general practice now.

Bitcoin afforded me some sort of anonymity and I took it on as a experiment to see, if it was bs or real. So far it's been a great ride and I enjoyed it. ^hmf^
legendary
Activity: 1792
Merit: 1283
Hey thanks very much! Yeap all results will be shared on line. What is interesting so far are people's thoughts on the security issues. Will keep you posted!!  Smiley
Cool, I hope you'll get the results soon. Those were some interesting questions. Smiley
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