Topic: Reasons Why We Should Love Bitcoin - page 21. (Read 2256 times)
The reasons why we should love bitcoin is being decentralized of it,which is no single authority control it,totally free. It help us to have financial freedom. It is our money making machine that give us profit because of it's nature of being volatile. It is easy to pay bills and buy loads if you have bitcoin in your wallet,you don't need to go anywhere just to pay.
There are have many same threads topic about why we should love bitcoin? Is simple explanation for that is because if individual person fully understand the importance of bitcoin as cryptocurrency using hashing as decentralized currency 100percent love this coins to give new hope for their lives.
In the place I live most people I invite to know bitcoin always refuse to recognize bitcoin... What happened to this people?
This is the reason why we have to love bitcoin :
- Bitcoin Makes Trade Easier
Modern economics is rooted in the belief that competition in the global economy is a free What this means is that when nations interact through peaceful relations and trade all participants will get benefit. This belief is at the root of all arguments for free trade and globalization; the more opportunities there are for people on Earth to trade with each other. As the first globally available avenue for sending value around the world instantly, the Bitcoin payment network should be an immensely powerful tool for fostering the continued globalization of trade and, by extension, greater prosperity for all of humanity. people should recognize this opportunity.
- Bitcoin is not controlled by any Government or agency
The Blockchain database using bitcoin is not controlled by one party, but rather the very open to the public so that it is impossible for someone to fabricate transactions on Blockchain. The entire transaction was recorded live, transparent, and spread to millions of servers. Those who want to alter or falsify the data transaction Bitcoin, must compromise millions of these servers at the same time.
- secure
You might think that the bitcoin system open source enables a computer genius can break system bitcoin and published a number of bitcoin for himself. In fact this system has been reviewed by various circles as flawless. Every past transaction data stored in all peer across the network, and must be a sequence. Each transaction will be verified by a number of peer recently was declared valid. Bitcoin system is safe, unsafe is users and money exchangers. Just as the internet banking password, hackers could easily steal some money from you if your computer is infected by a virus.
In the end though, there is people will probably continue to disregard what is going on with Bitcoin. And that’s ok. It just means there’s more for the rest of us to love.
And for you guys, why continue to love bitcoin?
This is the reason why we have to love bitcoin :
- Bitcoin Makes Trade Easier
Modern economics is rooted in the belief that competition in the global economy is a free What this means is that when nations interact through peaceful relations and trade all participants will get benefit. This belief is at the root of all arguments for free trade and globalization; the more opportunities there are for people on Earth to trade with each other. As the first globally available avenue for sending value around the world instantly, the Bitcoin payment network should be an immensely powerful tool for fostering the continued globalization of trade and, by extension, greater prosperity for all of humanity. people should recognize this opportunity.
- Bitcoin is not controlled by any Government or agency
The Blockchain database using bitcoin is not controlled by one party, but rather the very open to the public so that it is impossible for someone to fabricate transactions on Blockchain. The entire transaction was recorded live, transparent, and spread to millions of servers. Those who want to alter or falsify the data transaction Bitcoin, must compromise millions of these servers at the same time.
- secure
You might think that the bitcoin system open source enables a computer genius can break system bitcoin and published a number of bitcoin for himself. In fact this system has been reviewed by various circles as flawless. Every past transaction data stored in all peer across the network, and must be a sequence. Each transaction will be verified by a number of peer recently was declared valid. Bitcoin system is safe, unsafe is users and money exchangers. Just as the internet banking password, hackers could easily steal some money from you if your computer is infected by a virus.
In the end though, there is people will probably continue to disregard what is going on with Bitcoin. And that’s ok. It just means there’s more for the rest of us to love.
And for you guys, why continue to love bitcoin?
Why people love bitcoin is that it has a great potential even though there are turn of events happen lately. We can still lend our trust to them so that we would not think of it everytime. It is profitable since it has the highest value as of now. Bitcoin is becoming the base or the common denominator of all cryptocurrency and without bitcoin, maybe others will disappear as well.
the reason why we love bitcoin is because its a fortune changer and a destiny molder .we love bitcoin cause its money and money makes you feel good,bitcoin is the new generation currency , You are the only and sole responsible for anything that happens to your money, bitcoin in this case. You can choose to trade in exchanges, you can choose to keep it as a store of value or you can buy things and invest in online sites.it feels great having bitcoin
It is a whole new invention for currency! I don't think too many people understand this. Its hilarious to me when people, world renowned experts like George Soros, say 'uhh, its a bubble but idk wtf it is.' They don't see it!
It is the future, I just hope that political in fighting doesn't kill it off. But even so, there are many other coins waiting in line to take its place. Either way they are here to stay.
Even the political fighting is not going to be enough to destroy bitcoin, after all that has stopped more or less now that the miners created their own coin and are trying to make it the number one coin in market cap, bitcoin is in a similar state similar to computers in the 80's no one is sure why they need one but in a decade or two everyone will be using it and saying they cannot imagine their lives without it. It is the future, I just hope that political in fighting doesn't kill it off. But even so, there are many other coins waiting in line to take its place. Either way they are here to stay.
It’s fast, secure and global
Bitcoin doesn’t discriminate. You can use it anywhere in the world, to send value almost instantly, nearly for free. Transferring bitcoins costs just a few pennies and you can send as much value as you want. It’s important to remember that bitcoins can’t be counterfeited or duplicated. The cherry on top is that transactions are conducted in a peer-to-peer method, without the need for a bank or third party to oversee it.
Bitcoin was designed with your privacy in mind
Our Block Explorer, along with other bitcoin block explorers, display the entire history of bitcoin transactions for all to see. Bitcoin transaction history can be searched by anyone with online access. At first glance, you might consider this level of transparency the opposite of private. In reality, it means that users can choose whether they want to be completely transparent with their finances or keep them very private.
The bitcoin protocol does not require people to identify themselves in order to transact though some businesses may need to for compliances reasons. Unlike a bank where people often have one or two accounts, you can create as many bitcoin wallets as you like.
Bitcoin doesn’t discriminate. You can use it anywhere in the world, to send value almost instantly, nearly for free. Transferring bitcoins costs just a few pennies and you can send as much value as you want. It’s important to remember that bitcoins can’t be counterfeited or duplicated. The cherry on top is that transactions are conducted in a peer-to-peer method, without the need for a bank or third party to oversee it.
Bitcoin was designed with your privacy in mind
Our Block Explorer, along with other bitcoin block explorers, display the entire history of bitcoin transactions for all to see. Bitcoin transaction history can be searched by anyone with online access. At first glance, you might consider this level of transparency the opposite of private. In reality, it means that users can choose whether they want to be completely transparent with their finances or keep them very private.
The bitcoin protocol does not require people to identify themselves in order to transact though some businesses may need to for compliances reasons. Unlike a bank where people often have one or two accounts, you can create as many bitcoin wallets as you like.
Bitcoin provides financial freedom
If you don’t have access to a bank account, you are part of the “unbanked.” Bitcoin can allow you to be your own bank. Bitcoin is simultaneously an open financial protocol and a currency required in order to transact freely on the protocol.
If you don’t have access to a bank account, you are part of the “unbanked.” Bitcoin can allow you to be your own bank. Bitcoin is simultaneously an open financial protocol and a currency required in order to transact freely on the protocol.
It’s made for our generation
What we mean by that is bitcoin is made for the Internet-generation. We are quickly moving past the days of carrying around paper cash or pulling out your credit card. Bitcoin goes several steps further than the convenience of credit cards by equipping users with a payment option that is significantly lower in fees, provides virtually instantaneous transaction time, and is accessible through the dozens of bitcoin wallets.
On top of convenience, bitcoin offers credit card users freedom from the concerns of fraud, identity theft, and crippling interest rates. It’s no surprise that a recent report from Goldman Sachs discovered that 33% of millennials do not think they will need a bank account in 5 years.
What we mean by that is bitcoin is made for the Internet-generation. We are quickly moving past the days of carrying around paper cash or pulling out your credit card. Bitcoin goes several steps further than the convenience of credit cards by equipping users with a payment option that is significantly lower in fees, provides virtually instantaneous transaction time, and is accessible through the dozens of bitcoin wallets.
On top of convenience, bitcoin offers credit card users freedom from the concerns of fraud, identity theft, and crippling interest rates. It’s no surprise that a recent report from Goldman Sachs discovered that 33% of millennials do not think they will need a bank account in 5 years.
Bitcoin are comprised by faucets,gambling,trading and some open campaigns here in forum to earn and there's a lot more about bitcoin like how to use it in transaction and how to use it like a bank here with your own wallet so i think that is what we want in life and bitcoin have everything in life that's why we love bitcoin another thing this is so very good past time not like other thing.
Bitcoin would mean everything to me not just a plain digital currency but rather a source of my profit,and a bank of my own.I haven't seen produced by new technology as good and beneficial as bitcoin.Having it decentralized is a big factor for me since i am the only one who will control and manage all my hard earned income without any supervising agency from the government.And knowing it's more safe and secured than any banks here makes me love bitcoin even more.
Weather the government or any other forces try to stop it. It's the future.
Different users have different thoughts about bitcoin based on the good things that they have gained from it. This can make a big change in the entire system, and very few governments have understood it in the right manner. Rest always have an opposite thinking. When this changes automatically the love towards bitcoin gets ignited leading to a massive change in the entire life of the users which contributes to the world when combined.
Bitcoin is the result of technological development so that if a person, society, or country that has the desire to go forward they should be able to take advantage of the technology because a group or individuals can be said to progress is seen from the technology used. One of the ways that illustrate or demonstrates that we love bitcoin is by using bitcoin and the technology to be used in some of our activities as well as in the economy.
I wonder why the governments are ready to accept blockchain technology but are not ready to accept Bitcoins and i think it is very hypocritical on their part . The banking sector has lost the trust of almost everyone and with Bitcoin, we can free ourselves from their greed.
Bitcoin are comprised by faucets,gambling,trading and some open campaigns here in forum to earn and there's a lot more about bitcoin like how to use it in transaction and how to use it like a bank here with your own wallet so i think that is what we want in life and bitcoin have everything in life that's why we love bitcoin another thing this is so very good past time not like other thing.
It is a whole new invention for currency! I don't think too many people understand this. Its hilarious to me when people, world renowned experts like George Soros, say 'uhh, its a bubble but idk wtf it is.' They don't see it!
It is the future, I just hope that political in fighting doesn't kill it off. But even so, there are many other coins waiting in line to take its place. Either way they are here to stay.
It is the future, I just hope that political in fighting doesn't kill it off. But even so, there are many other coins waiting in line to take its place. Either way they are here to stay.
Bitcoin is the result of technological development so that if a person, society, or country that has the desire to go forward they should be able to take advantage of the technology because a group or individuals can be said to progress is seen from the technology used. One of the ways that illustrate or demonstrates that we love bitcoin is by using bitcoin and the technology to be used in some of our activities as well as in the economy.
I wonder why the governments are ready to accept blockchain technology but are not ready to accept Bitcoins and i think it is very hypocritical on their part . The banking sector has lost the trust of almost everyone and with Bitcoin, we can free ourselves from their greed. 
In the place I live most people I invite to know bitcoin always refuse to recognize bitcoin... What happened to this people?
This is the reason why we have to love bitcoin :
- Bitcoin Makes Trade Easier
Modern economics is rooted in the belief that competition in the global economy is a free What this means is that when nations interact through peaceful relations and trade all participants will get benefit. This belief is at the root of all arguments for free trade and globalization; the more opportunities there are for people on Earth to trade with each other. As the first globally available avenue for sending value around the world instantly, the Bitcoin payment network should be an immensely powerful tool for fostering the continued globalization of trade and, by extension, greater prosperity for all of humanity. people should recognize this opportunity.
- Bitcoin is not controlled by any Government or agency
The Blockchain database using bitcoin is not controlled by one party, but rather the very open to the public so that it is impossible for someone to fabricate transactions on Blockchain. The entire transaction was recorded live, transparent, and spread to millions of servers. Those who want to alter or falsify the data transaction Bitcoin, must compromise millions of these servers at the same time.
- secure
You might think that the bitcoin system open source enables a computer genius can break system bitcoin and published a number of bitcoin for himself. In fact this system has been reviewed by various circles as flawless. Every past transaction data stored in all peer across the network, and must be a sequence. Each transaction will be verified by a number of peer recently was declared valid. Bitcoin system is safe, unsafe is users and money exchangers. Just as the internet banking password, hackers could easily steal some money from you if your computer is infected by a virus.
In the end though, there is people will probably continue to disregard what is going on with Bitcoin. And that’s ok. It just means there’s more for the rest of us to love.
And for you guys, why continue to love bitcoin?
and there are things that are lackingThis is the reason why we have to love bitcoin :
- Bitcoin Makes Trade Easier
Modern economics is rooted in the belief that competition in the global economy is a free What this means is that when nations interact through peaceful relations and trade all participants will get benefit. This belief is at the root of all arguments for free trade and globalization; the more opportunities there are for people on Earth to trade with each other. As the first globally available avenue for sending value around the world instantly, the Bitcoin payment network should be an immensely powerful tool for fostering the continued globalization of trade and, by extension, greater prosperity for all of humanity. people should recognize this opportunity.
- Bitcoin is not controlled by any Government or agency
The Blockchain database using bitcoin is not controlled by one party, but rather the very open to the public so that it is impossible for someone to fabricate transactions on Blockchain. The entire transaction was recorded live, transparent, and spread to millions of servers. Those who want to alter or falsify the data transaction Bitcoin, must compromise millions of these servers at the same time.
- secure
You might think that the bitcoin system open source enables a computer genius can break system bitcoin and published a number of bitcoin for himself. In fact this system has been reviewed by various circles as flawless. Every past transaction data stored in all peer across the network, and must be a sequence. Each transaction will be verified by a number of peer recently was declared valid. Bitcoin system is safe, unsafe is users and money exchangers. Just as the internet banking password, hackers could easily steal some money from you if your computer is infected by a virus.
In the end though, there is people will probably continue to disregard what is going on with Bitcoin. And that’s ok. It just means there’s more for the rest of us to love.
And for you guys, why continue to love bitcoin?
Bitcoin gives you a lot of advantages, knowledge and helps us and many peoples out of economic difficulties
- Bitcoin is not controlled by any Government or agency
I will just quote one because I want to focus with this.
With all that you have said it is all right.
The one that I have quoted is the one stopping all of the good things that shouldve happened by now.
Government controlling everything.
First and the big one of all is MEDIA.
They can control it and it is the fastest way to spread news. Even just a bit of a bad news can be tattooed in the people minds as long as it is from the government they will think it is a reliable source.
Just that, affects everything.
Bitcoin is the result of technological development so that if a person, society, or country that has the desire to go forward they should be able to take advantage of the technology because a group or individuals can be said to progress is seen from the technology used. One of the ways that illustrate or demonstrates that we love bitcoin is by using bitcoin and the technology to be used in some of our activities as well as in the economy.
Well, for me though, the thing that makes me love bitcoin so much is the rich history behind it, the man/team behind it and of course my love for thrill. Now i would obviously be lying if i say that i don't care about the prices and money. but those are only secondary likes. And besides, I never invested money i cannot afford to lose. Anyone investing money that they cannot afford to lose. Are somewhat pretty stupid in my eyes. Although i do not know the varying reasons, i stll don't agree with it.
aside from the stated characteristics of bitcoin, i love bitcoin because it gives me financial freedom thru arbitrage and inspite of its volatility, i find bitcoin better than stock exhange and forex because bitcoin suites my living as a mellenial.
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