Even though you have showed an important point, it is quite impossible to replace all the credit cards will bitcoin. Because people still need fiat for their local purchase. But for any online purchase BTC will be effective.
Topic: This is why we should all use Bitcoin and no more credit cards. - page 4. (Read 933 times)
September 15, 2018, 07:09:47 PM
September 15, 2018, 06:57:57 PM
If anyone in interested in buying things from online, I guess Bitcoin may be an efficient choice than fiat. Still people need to careful about where and which service they are accepting. Otherwise, it might cost extra charge.
September 15, 2018, 06:49:51 PM
That's one of the problems with a centralized system or even the banks, that can approve or deny a transaction on your behalf, sometimes without your consent. Deductions from your account. For bitcoin transactions, you will have to make the transfers on your own
September 15, 2018, 06:45:20 PM
Bitcoin is a great money for online purchase I think. It might solve the problem you are facing. But there is need for fiat and credit card as well for purchasing and making transaction in local market as BTC is not accepted everywhere.
September 15, 2018, 06:44:41 PM
It does not matter how they do it, it should not be possible for ANY company or person to access funds on your account,
without your consent.
The weirdest thing is that Amazon is directly associated with shady practices like
this. The actual point that I want to make is that Bitcoin is much better, because companies like this cannot get away with
FREE trial scams/Free shit like this, because they cannot automatically withdraw money from your Bitcoin address.
Wait what? How did they have access to your credit card in the first place? They required your credit card information for you to claim your free eBooks right?without your consent.
The weirdest thing is that Amazon is directly associated with shady practices like this. The actual point that I want to make is that Bitcoin is much better, because companies like this cannot get away with
FREE trial scams/Free shit like this, because they cannot automatically withdraw money from your Bitcoin address.
Not possible to access their credit cards because they have incident i heard this before
The criminals people they many ways how ti steal your miney even if this new digital currency bitcoin can hack by the bad elements
All we need to do is be carefull to any information from unknown people to avoid this scenario
September 15, 2018, 06:30:07 PM
Wonderful
But Amazon is not accepting btc
When you will like to pay 20$ for book you will have to pay 7$ transaction fee.To high by my opinion .Because of that bitcoin is useless like a currency
If i will use only bitcoin here then probably i will eat and drink nothing.Nobody is accepting btc here
But Amazon is not accepting btc
When you will like to pay 20$ for book you will have to pay 7$ transaction fee.To high by my opinion .Because of that bitcoin is useless like a currency
If i will use only bitcoin here then probably i will eat and drink nothing.Nobody is accepting btc here
September 15, 2018, 06:29:31 PM
The problem is in the real market is it is controlled by companies that dominate the market alone and you won’t be able to do anything against them. But in crypto market you will not face anything like that
September 15, 2018, 06:26:36 PM
Having a credit card is a stupid idea and never comes to my mind ever since,I prefer using fiats wayback that getting a credit cards that is hackable and easily to clone.i have some friens that has been victimized by thies hackers and until now they are paying the damage credit cards company brings to them so i would choose using bitcoin than this cards
This is true, we must not depend and used credit card anymore, so many frauds in the banks right now and it can really damage you if you continue to used it. Credit card is not good because you are spending the money you don’t have. In the OP case, it his fault not reading all the details about they Audible, if its free the why you need to pay for it? September 15, 2018, 06:16:36 PM
"I think that’s why world will move to crypto market gradually. The dominance of centralized system shrinks our freedom in the market which can only be regained by widespread use of cryptocurrency
"
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September 15, 2018, 06:13:05 PM
So, I buy a Amazon Kindle Fire, because I like to read. When you configure it for the first time, you have to login with your
Amazon account (obviously) and then you are presented with 2 x FREE audio books. I accept the 2 x FREE books, to test the
audio and also to experience audio books for the first time. (I prefer reading the ebooks, but I thought I would give it a try, to
see what it sounds like.)
A month down the line, I get a sms notification from my Bank, notifying me of a payment done to "Audible" so I phone my
Bank. They inform me that it is a monthly subscription to Audible.com. (I never gave consent for "Audible" to sign me up for a
monthly subscription) This is how they do it ---> http://prntscr.com/ksqxhv (I never even saw that, when I was offered the
2 FREE books) !!!!!!!! Why would I sign a subscription if I just wanted to listen to the so-called FREE books?
In any way, I logged in again and cancelled the subscription and it already billed me for next month.
Now, this will NEVER happen with Bitcoin, because nobody can automatically withdraw money from your Bitcoin address. You
have FULL control over your own money.
I am not the only one - https://www.sitejabber.com/reviews/audible.com
Amazon account (obviously) and then you are presented with 2 x FREE audio books. I accept the 2 x FREE books, to test the
audio and also to experience audio books for the first time. (I prefer reading the ebooks, but I thought I would give it a try, to
see what it sounds like.)
A month down the line, I get a sms notification from my Bank, notifying me of a payment done to "Audible" so I phone my
Bank. They inform me that it is a monthly subscription to Audible.com. (I never gave consent for "Audible" to sign me up for a
monthly subscription) This is how they do it ---> http://prntscr.com/ksqxhv (I never even saw that, when I was offered the
2 FREE books) !!!!!!!! Why would I sign a subscription if I just wanted to listen to the so-called FREE books?
In any way, I logged in again and cancelled the subscription and it already billed me for next month.
Now, this will NEVER happen with Bitcoin, because nobody can automatically withdraw money from your Bitcoin address. You
have FULL control over your own money.
I am not the only one - https://www.sitejabber.com/reviews/audible.comBitcoin has a very low fees if doing a very large volume of transaction compared with creditcard or other payments.
But one thing that people are still afraid using bitcoin is the security. Many wallet hacked every day and it's so volatile
This is true story. I also remember I ended up in a paying subscription I didn't even remember I signed up to. Anyways, if Bitcoin was to be accepted so wildly I'm sure there will be ways similar to that to take your money.
September 15, 2018, 06:04:35 PM
There are tons of advantages of bitcoin over the credit cards, hope one day will see bitcoin as popular or more than the credit cards. Bitcoin is still pretty early stage, hope more and more adoptions will come.
September 15, 2018, 06:02:25 PM
That is the most annoying thing about the conventional market. You suffer a lot for unwanted services that come without your concern. you won’t be able to say something as you can do nothing with them
September 15, 2018, 05:08:58 PM
This is very true, it's an all to often trick used by many otherwise "respectable" companies. Another one often used is the so called recurring card payment-which by giving them your card details you are agreeing to take out a subscription (these can be very cleverly disguised) and are extremely difficult to cancel. So I totally agree using bitcoin would be great for us the consumer which is why they will never allow it.
September 15, 2018, 05:03:52 PM
This is another advantage of digital currency over fiat. Full control of your money and no one can automatically remove from your account without your prior permission or initiation. I hope with all this advantages, world would turn to adopt cryptocurrency instead of fiat in the future.
September 15, 2018, 04:56:52 PM
Thanks for sharing an interesting post, i think that you are right and I agree with all the mentioned reasons why we should use btc instead of credit cards. to my mind, it is better to use it because we have many pros
September 15, 2018, 04:38:37 PM
Now, this will NEVER happen with Bitcoin, because nobody can automatically withdraw money from your Bitcoin address. You
have FULL control over your own money. I am not the only one - https://www.sitejabber.com/reviews/audible.com
have FULL control over your own money.
I am not the only one - https://www.sitejabber.com/reviews/audible.comThat was one of the turning points for me, when I realized the beauty of Bitcoin's "push" payment system vs. the "pull" systems of credit and debit cards. With cards, you authorize every merchant you deal with (and also the credit card sniffers in between) to withdraw from your account, and you have to trust them not to wrongfully charge you. With Bitcoin, that can never happen -- you sign and push transactions on your own terms. It's a beautiful thing.
Having a credit card is a stupid idea and never comes to my mind ever since,I prefer using fiats wayback that getting a credit cards that is hackable and easily to clone.i have some friens that has been victimized by thies hackers and until now they are paying the damage credit cards company brings to them so i would choose using bitcoin than this cards
I use credit cards. I've been a victim of credit card fraud, but there is always 0% liability for customers. The upside of using them is the cash back rewards. If you pay them off in full and reap the rewards, there is little downside.
September 15, 2018, 04:00:52 PM
This is why cryptocurrency is best because it gives us freedom. The other centralized system just takes away our freedom from the market. So we all should move on to cryptocurrency to build up our freedom.
September 15, 2018, 03:52:50 PM
I just feel very much irritating when this kind of unwanted thing comes. These are really very annoying. And we cannot even do anything without accepting it as there is no other option.
September 15, 2018, 03:39:58 PM
Actually it’s not that simple to be done. Many countries are still not legalized bitcoin. So the acceptance is not spread worldwide and we have to use fiat as we have no other options.
September 15, 2018, 03:27:01 PM
That's why people love bitcoin. It has solutions for these things. But still we can not use it use fiat currency or credit card because not everywhere people accept bitcoin.
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