Do we need bitcoin? - page 5. | Bitcointalksearch.org

Asuspawer09

sr. member

Activity: 1876

Merit: 437

Catalog Websites

Quote from: BlackHatCoiner on July 20, 2020, 01:22:55 AM

Bitcoin is a currency started by developers that were interested in the idea of sending online payment without a central authority that would check the accounts. The idea and the whole thing (with Satoshi Nakamoto, blockchain technology etc) inspired many people to use it. And some of them, worked on it. Due to this big adoption and fixed supply, bitcoin went to moon. At least for a while, but it did. And right now it is high as well.

Well, do we need it? Because, I can see that people use it only as an investment or as a money laundering tool. Black markets rebornt after the creation of bitcoin. I tried to convince someone to use it, but you know what? I couldn't. Why? Well, honest people don't afraid the central authority, in addition with the dishonest ones. Those who want something that is illegal, cannot do that. So they use bitcoin.

Governments don't want it and they wish they could prevent it, because they cannot track you easily, they cannot tax you, they ..., they ..., they...
Governments like censorship, and there is 0% censorship on bitcoin.

I like bitcoin, a lot. But I don't think that this world needs it. Except if they want to hide something. Prove me wrong.

The world definitely can live without Bitcoin. A lot of countries could just stick in physical money and still continue to grow its economy without this bitcoin technology.

But bitcoin is already a great asset and could really help a lot of countries in a lot of ways, we are doing adaptation so that a lot of countries is going to realize that bitcoin technology is really big help and makes things easier like doing transactions, etc.

pathapoddo

full member

Activity: 448

Merit: 100

CRYPTOCITIZEN $CCASH

Yes I also like bitcoin. Because my first earning was from bitcoin and crypto currency. That's why have a special feelings for bitcoin.

Do we need bitcoin? I think it is yes, we need. I know many websites which accepts bitcoin as a payment. For example: Namecheap. I have hosting and domain on their. But my country doesn't support paypal and I also don't own a international card which I can use to pay the fees for the hosting. But yet I can pay them by using bitcoin. Like this you'll find so many example of real use in bitcoin.

I went to Saudi Arabia last year there I saw a supershop is accepting bitcoin as a payment method, also they have bitcoin atm machine there.

carlisle1

hero member

Activity: 2744

Merit: 541

Campaign Management?"Hhampuz" is the Man

Quote from: BlackHatCoiner on July 20, 2020, 01:22:55 AM

Bitcoin is a currency started by developers that were interested in the idea of sending online payment without a central authority that would check the accounts. The idea and the whole thing (with Satoshi Nakamoto, blockchain technology etc) inspired many people to use it. And some of them, worked on it. Due to this big adoption and fixed supply, bitcoin went to moon. At least for a while, but it did. And right now it is high as well.

Well, do we need it? Because, I can see that people use it only as an investment or as a money laundering tool. Black markets rebornt after the creation of bitcoin. I tried to convince someone to use it, but you know what? I couldn't. Why? Well, honest people don't afraid the central authority, in addition with the dishonest ones. Those who want something that is illegal, cannot do that. So they use bitcoin.

Governments don't want it and they wish they could prevent it, because they cannot track you easily, they cannot tax you, they ..., they ..., they...
Governments like censorship, and there is 0% censorship on bitcoin.

I like bitcoin, a lot. But I don't think that this world needs it. Except if they want to hide something. Prove me wrong.

--I need Bitcoin because i already earned enough profit since the day i learn about this market and how useful bitcoin is.

--I need Bitcoin because i use this to pay most of my bills,i even use this to buy paypal when times i need to transact abroad.

--I need Bitcoin because I know that one day this will Help me achieved my target growth and might change my life forever.

If this traits are not enough for you?then it is you who has a problem at all and not Bitcoin.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: mezzaluna on July 20, 2020, 02:39:01 PM

We did not really have the need for Bitcoin BUT it was worth it learning about it. Learning about Blockchain Technologies was really helpful understand how and why Bitcoin works. Bitcoin really helped a lot financially since the value of Bitcoin is really noticeable. There are already people using the Cryptocurrency Industry as their source of financial help and that is actually resourceful. Bitcoin taught us how to utilize available resources through hard work and patience.

We need bitcoin, we have seen several local currency crises and whenever this happens people buy dollars, gold and in a lesser amount they use bitcoin as well as a store of value, however what it is going to happen when the dollar collapses? While many people think of this as nothing but a dream of those that like alternative forms of money this will eventually happen as all fiat currencies of the world have eventually failed and when that happens people will understand very clearly why we need something like bitcoin.

sypsyp0415

brand new

Activity: 0

Merit: 0

Catcher dolls by IOS or Andriod Real time

Earn BTC from this games use lowwest price

down load from :

https://cereal.crane338.com

enjoy for 20% off for some special ; and enjoy for 10% off for buy coins

【🌟Brand New Premium Monthly Subscription❗️】

Immerse yourself in 4 breathtaking welfare by joining the monthly subscription🤩 Experience superior crane game service😎🤗 ✨

Free Play Ticket The player who joins the monthly subscription plan can take 3️⃣ free play tickets everyday to free play for all gameroom. Perhaps you can big win by the free plays❗️🍀 ✨

Free Shipping Ticket Get three shipping tickets immediately once subscript🎟 Get 3 tickets every 1st & 15th of each month afterwards😚 More flexible for Prize shipping🚛️ ✨

Reserve Privilege Enjoy the privilege of reserve for all the game-rooms. Grab your target prizes in advance. ✨

Exclusive Avatars Extra exclusive avatars will be available once you've subscribed. 👩🏻 👱🏻‍♀️ 🧙🏻 🧜🏻‍♀️ Join the monthly subscription to enjoy irresistible benefits now👍🏻 Login the game & subscript now😉

Latviand

full member

Activity: 1540

Merit: 219

Quote from: BlackHatCoiner on July 20, 2020, 01:22:55 AM

Governments don't want it and they wish they could prevent it, because they cannot track you easily, they cannot tax you, they ..., they ..., they...
Governments like censorship, and there is 0% censorship on bitcoin.

The reason is that they are not getting benefits from cryptocurrency transactions. They can't collect taxes because it is centralized and its anonymity will really make them struggle on finding those transactions. Taxes from bitcoins are really the urge of some governments that's why they are legalizing it, but not all countries have that knowledge about bitcoin.

Quote from: BlackHatCoiner on July 20, 2020, 01:57:28 AM

Mass adoption isn't enough. Governments must agree with the idea too. In fiat, if the central bank gets hacked, insurance will just make a case to get your money back.

In bitcoin, there's no such thing like that. The government is not responsible with your money or assets, they are not the one who will give back all of those losses once the bank gets hacked.

Quote from: jossiel on July 20, 2020, 03:22:40 AM

Cash is more often used in money laundering and do you think that cash isn't even used for illegal activities? It's even the most used currency for those methods and this taboo about bitcoin must be changed.

Fiat money is the most used currency in crimes or scams, especially that not all people are knowledgeable about the existence of bitcoin and other coins.

Some people only recognize fiat money and not cryptocurrency that is so complex and technical to hold.

coinfinger

sr. member

Activity: 1638

Merit: 278

Quote from: BlackHatCoiner on July 20, 2020, 01:22:55 AM

Well, do we need it? Because, I can see that people use it only as an investment or as a money laundering tool. Black markets rebornt after the creation of bitcoin. I tried to convince someone to use it, but you know what? I couldn't. Why? Well, honest people don't afraid the central authority, in addition with the dishonest ones. Those who want something that is illegal, cannot do that. So they use bitcoin.

If you ask me I would say what we don’t need in this world are the bad people, but it’s hard to get rid of the people, they will always exist in this life. Imagine that there were only good people in this world, do you think any of them would be on the dark web trading and exchanging trash? No, they wouldn’t. It’s only bad people that you’re going to find on the dark web.

You yourself wouldn’t be there, that’s if you’re not one of those weird people. And you saying that people only use bitcoin for investment and money laundering is wrong. There are lots of people who use it for just transactions. I know a friend of mine that works remotely, the company he works for is in UK and they send him payment using Bitcoin.

We definitely need bitcoin payments. But most people are still using it for speculative reasons but when bitcoin reaches a stable value then they will get back to using it for payment reasons and from that point they will realizing the real need of bitcoins. Only people who realize all the potential of bitcoins plan up for long term holding of bitcoins.

ShowOff

legendary

Activity: 2618

Merit: 1181

Quote from: finaleshot2016 on July 23, 2020, 08:38:32 AM

I do need bitcoin, this is one of the easiest ways to grow money without requiring referrals and gifting system which is called a Ponzi.

Not a few people can make money from bitcoin in various way. Signature campaign, bounty program, airdrop, trade, investment, mining, and many other way are thing that can get bitcoin. Because bitcoin is an asset that has value, we can sell it on the trading platform into fiat currency and this is how most user get money from bitcoin.

Quote from: finaleshot2016 on July 23, 2020, 08:38:32 AM

So I mainly focus on investing a lot of money in cryptocurrency because even it's volatile, it's guaranteed that the price will surely grow. There are a lot of investments and cryptocurrency is the one that I admire a lot.

I think you are wrong, we never get a guarantee that the price of cryptocurrency will go up. If an investor is wrong in making investment choices in crypto, then I am sure they will get a failed investment.

OP, the world may never need bitcoin as a new currency that has many advantages over fiat, but many people here need it for various reason, especially regarding transaction convenience and fee.

Andronadar

newbie

Activity: 12

Merit: 0

In principle, now there is no urgent need for bitcoin, but what it seems to me will be the opposite

Gotumoot

sr. member

Activity: 1372

Merit: 261

Quote from: BlackHatCoiner on July 20, 2020, 01:22:55 AM

Bitcoin is a currency started by developers that were interested in the idea of sending online payment without a central authority that would check the accounts. The idea and the whole thing (with Satoshi Nakamoto, blockchain technology etc) inspired many people to use it. And some of them, worked on it. Due to this big adoption and fixed supply, bitcoin went to moon. At least for a while, but it did. And right now it is high as well.

Well, do we need it? Because, I can see that people use it only as an investment or as a money laundering tool. Black markets rebornt after the creation of bitcoin. I tried to convince someone to use it, but you know what? I couldn't. Why? Well, honest people don't afraid the central authority, in addition with the dishonest ones. Those who want something that is illegal, cannot do that. So they use bitcoin.

Governments don't want it and they wish they could prevent it, because they cannot track you easily, they cannot tax you, they ..., they ..., they...
Governments like censorship, and there is 0% censorship on bitcoin.

I like bitcoin, a lot. But I don't think that this world needs it. Except if they want to hide something. Prove me wrong.

Do we need freedom? Do you want to earn freely? Do we need a low transaction fee and fast transaction compare to Fiat?
I think we would agree that we need it right, Some of us aren't using it because we are hiding something it is just a lot easier to earn in crypto compare to Fiat and we feel more secure when our money is on our encrypted wallet and on our control.

finaleshot2016

legendary

Activity: 1834

Merit: 1010

Modding Service - DM me!

I do need bitcoin, this is one of the easiest ways to grow money without requiring referrals and gifting system which is called a Ponzi. There's a lot of Ponzi scheme around social media and we can't stop it. So I mainly focus on investing a lot of money in cryptocurrency because even it's volatile, it's guaranteed that the price will surely grow. There are a lot of investments and cryptocurrency is the one that I admire a lot.

So I guess bitcoin now has a great part on my life, since my course is somehow related to digital, I can easily discuss or explain the complex ideas about it and has the possibility to develop it. Bitcoin is one of the greatest inventions in the digital world, and that's the reason why I really like it and we need it as our society is going into digital right now.

Reatim

sr. member

Activity: 2828

Merit: 357

Eloncoin.org - Mars, here we come!

Quote from: BlackHatCoiner on July 20, 2020, 01:22:55 AM

Governments don't want it and they wish they could prevent it, because they cannot track you easily, they cannot tax you, they ..., they ..., they...
Governments like censorship, and there is 0% censorship on bitcoin.

I like bitcoin, a lot. But I don't think that this world needs it. Except if they want to hide something. Prove me wrong.

We don't need to hide something just to use Bitcoin.

have you try sending Money outside your country?have your family members also try to pay Online items or services?(of course those company that accepting Bitcoin)

Because if does then you Need to learn Using Bitcoin.

- Transaction is much faster

- the Fee is too much lower

thats the first 2 characteristic and reason why we need bitcoin.

FlightyPouch

sr. member

Activity: 1638

Merit: 300

Quote from: Kez1817 on July 23, 2020, 04:09:17 AM

For me,i really need bitcoin and we need it especially this time of pandemic. Maybe others use it in illegal transaction or in black market but for me i really need it to support the needs of my family now that i don't have other works caused of covid-19.

How do you use it though? I also have an investment with bitcoin but I don't think I should rely on it since the profit I am getting from it is not that much to support my family or get what I need in a day. Also, even the price increases, I don't want to use it since it might give me more profit in the longer period of time.

NurAzizahhh

newbie

Activity: 14

Merit: 0

the government cannot track you easily because of the blockchain technology that you use anonymously, the government uses can track bitcoin if they want, but now if you are going to cash your bitcoin and you have to exchange it first for paper money. then the government can track your transactions through their bank or money transfer center. what the government wants is a centralized digital currency so they have full control over it. That is why it is difficult for them to accept bitcoin. Whatever the reason, I still use bitcoin not only as an investment but also as a payment method primarily

kateycoin

full member

Activity: 882

Merit: 104

I must say that we need bitcoin as we can see that all are evolving especially technology. We know that bitcoin is decentralize and we can use online,it's really useful as we know that we can use bitcoin as payment,buying things and also we can earn or have a profit in bitcoin. It will depend to how we use it and where we can use it.

witcher_sense

legendary

Activity: 2478

Merit: 4419

🔐BitcoinMessage.Tools🔑

Quote from: BlackHatCoiner on July 23, 2020, 03:24:37 AM

I want to be responsible for my money but most of the people are afraid and want the "professionals" to control their finance.

With the control over your money, not only can they protect you from losing of money, but also they now have the ability to control you, your wealth, your habits, your purchases, etc. Every transaction you make is now being recorded somewhere, these records can be and will be used against you if controllers of your money wish so. Imagine, there is no physical cash at all and all moneis are now digital records in database. They now can control you in other way, for example, to force you to consume instead of saving. They can implement negative interest rates, every day your money in a bank account will be losing its purchasing power and you can't do nothing about it except spending your money before it is debased dramatically. Actually, now we have the promising way to opt out of such controls and that is once again bitcoin, money that cannot be controlled by a single party.

Rana590

sr. member

Activity: 1750

Merit: 267

Quote from: Kez1817 on July 23, 2020, 04:09:17 AM

For me,i really need bitcoin and we need it especially this time of pandemic. Maybe others use it in illegal transaction or in black market but for me i really need it to support the needs of my family now that i don't have other works caused of covid-19.

Maybe for you, it is only for this pandemic but many people need bitcoin for their daily basis. As bitcoin is the most popular crypto currency all over the world, people are showing interest on it.

Kez1817

member

Activity: 909

Merit: 17

www.cd3d.app

For me,i really need bitcoin and we need it especially this time of pandemic. Maybe others use it in illegal transaction or in black market but for me i really need it to support the needs of my family now that i don't have other works caused of covid-19.

BlackHatCoiner

legendary

Activity: 1512

Merit: 7340

Farewell, Leo

Bitcoin was a great idea during the pandemic.

But most of the people want to have a 3rd party middleman. If someone steals you money from the bank or anything similar, he will give them back to you. If people started using bitcoin, they wouldn't have any "support". I want to be responsible for my money but most of the people are afraid and want the "professionals" to control their finance.

pragna

full member

Activity: 1582

Merit: 101

Obviously its needed for us. You see those who were blocked in house in this pandemic situation there income was totally off. there BTC work one and only income source without any risk of virus so that we see more people involved in BTC as a safe income source. In my life also its give me more happy time after i involved with it.

So i think its needed for everyone specially who wants to make extra income besides job.

thanks.

Topic: Do we need bitcoin? - page 5. (Read 1417 times)