UPDATE - page 46. | Bitcointalksearch.org

doublemore

hero member

Activity: 546

Merit: 500

Quote from: kaselit on October 28, 2015, 11:34:56 AM

So guys, in a world where the 10% of total transaction are with BTC, what is the advantages for a normal family? What this kind of money can solve? In particular, if some rich don't spend BTC to increase the value and less BTC are spent, how can deflating happen?

Particular, which CONCRETE advantages can the people get from BTC?

Thank you.

You could maybe avoid funding govs with huge adoption which would change the shape of the world dramitically. Govs would have to work for donations.

Snorek

legendary

Activity: 1400

Merit: 1001

Bitcoin is global cryptocurrency, it has no central point of failure and no central bank which owns it.
While the purpose is basically the same - you use BTC as a money and pay for everything, but bitcoin is far superior.
Dollar can be still strong now, but this won't lasts forever, and there is plenty of examples how other currencies, all over the globe failed before.

pereira4

legendary

Activity: 1610

Merit: 1183

The total debt of the USA is about 20 trillion dollars. That's a ton of debt per citizen. With Bitcoin you know that you will never be under heavy debt for life, where your money isn't really yours because it's on a bank that may steal it from you. You know you aren't funding wars by supporting a goverment issued currency with secret agendas. You don't need to pay ridiculous fee for worldwide payments. More privacy..

Of course that everyday people don't have any problems paying a credit card or whatever, but think long term. Once goverment starts their total control of money plans, they will look for alternatives. Cash will be dead in the next decade.

kaselit

member

Activity: 71

Merit: 10

UPDATE

Topic: UPDATE - page 46. (Read 41038 times)