What I really love with Bitcoin.
I can send and get money anywhere in the world anytime, in very low fees for every transactions and without one’s personal information being tied to the transactions.
And with Bitcoin value goes exponentially increasing, then my profit was greatly increase as well.
https://coinreport.net/coin-101/advantages-and-disadvantages-of-bitcoin/
Topic: What can you do with Bitcoins but can't do with Dollars? - page 11. (Read 1827 times)
In bitcoin, you can invest money without interests unlike with dollars you have to put it to a bank then they will some interests. Bitcoin can be worked online and as a virtual payment while dollars can be worked online too but it is an actual payment that you can hold anytime. Well there's a lot of differences between the two but it is the same money.
What can you do with Bitcoins but can't do with Dollars?
Investment I think won't fit dollars since its market value is stable unlike Bitcoin. Bitcoin relies in between being a currency and being a good investment. Unlike any other xurrency, its market value is continuously increasing as its demand is rising. Dollar is indeed, a huge currency but Bitcoin I think, has more advantages compared to it. What can you do with Bitcoins but can't do with Dollars?
If dollar can transfer faster thatn bitcoin transaction in any point of the world then I should love dollar now. Thats the best that I know. Bitcoin is faster than any other money transfer in the whole world.
both bitcoin and dollars are A store of value A, medium of exchange, A unit of account.
BitCoin is a type of money less widely accepted than the US dollar, but more widely accepted than, say, the Vatican Lire was in 2001.
BitCoin is a type of money less widely accepted than the US dollar, but more widely accepted than, say, the Vatican Lire was in 2001.
Probably the same as others, it's an increase in the value of Bitcoin, and bitcoins are also much more interesting than Dollars.
What can you do with Bitcoins but can't do with Dollars?
Increase in price per day. That dollar could not. Because it is only stable and when you have $ 1 it will be $ 1 even if it reaches a long time. That is why it is the people's obsession that can not be stopped.
bitcoin increases value with time(good for saving), dollars lose value with time (good for spending)
I can hide my wealth in it without the government knowing about it. I am sure, some of us here are earning bitcoin without being taxed, especially those in countries that are not very strict in taxes.
I also does not need to know about stocks or business to start investing. In bitcoin, I just hold my bitcoins and I have an investment.
I also does not need to know about stocks or business to start investing. In bitcoin, I just hold my bitcoins and I have an investment.
What can you do with Bitcoins but can't do with Dollars?
Bitcoin can increase multiple times in just a short span of time, on the other hand dollar is not that volatile. Holding bitcoin can result to income, while holding dollar will not give you that much income. Bitcoin is secured and convenient to have.
You can't save value for long term or you can't exchange value safely without it ever being tampered with. BTC is superior in every aspect of money, store of value, medium of exchange, and unit of account.
What can you do with Bitcoins but can't do with Dollars?
There is a lot of things that we can do it with bitcoins but can't do it with dollars, For example we can't use dollars or real currencies in the darknet marketplaces. Also if we have dollars, we can't get free bitcoin cash or bitcoin gold. but with bitcoin we can do everything we want.
I can earn a huge profit with Bitcoin and I can’t achieve this with dollars. The most important thing is I truly own Bitcoin, but I never own dollar which is controlled by the government.
What can you do with Bitcoins but can't do with Dollars?
In any currency in the world even dollars,, cryptocurrency will make you rich and profit hugely in a span of a year.. While saving in the banks you badly need 30 to 50 years to even get half of the interest of your investments.. It is the reason why banking official are to eager just to make bitcoin illegal and advertising for investors to look bitcoin as a villain currency.. But it turns out not working so they suffer a lot from it..
You can trade it for alt coins which is a lot more interesting than just bitcoin and potentially more profitable.
I think that there is a big difference in how you can use bitcoins and dollars. But there is a big difference in usage. Dollars can be used directly, as bitcoin need to change to Fiat. For dollars there is no prohibition anywhere. Bitcoin also has its advantages. Low fees for transferring large amounts, the absence of inflation and the relative anonymity of the transactions.
there may be a lot that can be done with bitcoin, but not for dollars. Among others
- Send money to any country for a reasonable fee. and received in a matter of minutes.
- You do not need a bank account to send money, you just need a wallet.
- there is no monthly fee if storing bitcoin, the longer stored, the higher the value.
- Continue.
- Send money to any country for a reasonable fee. and received in a matter of minutes.
- You do not need a bank account to send money, you just need a wallet.
- there is no monthly fee if storing bitcoin, the longer stored, the higher the value.
- Continue.
My bitcoins has grown in value with over 600% in one year.... Can your Dollar do the same??? ..... Have you ever tried to
send $1 via MoneyGram or Western Union to someone in another country? {How much was the fees and how long did it
take for it to reach the recipient?} There are countless advantages in using Bitcoin over fiat currencies.
send $1 via MoneyGram or Western Union to someone in another country? {How much was the fees and how long did it
take for it to reach the recipient?} There are countless advantages in using Bitcoin over fiat currencies.
What can you do with Bitcoins but can't do with Dollars?
Transfer my money to my parents from different country WITH a super low fee. I usually using Western union and paypal and the fee is so damn ridiculous high. I also invest some of my money on bitcoin which is more better than invest on dollars.
First, Bitcoin is five times riskier than the forex exchange therefore, it can give you more income. Second, every Bitcoin transaction is not taxable, it is not regulated by the government. You can save more if you are using Bitcoin rather than dollar. Lastly, since Bitcoin is decentralized, you can use it anonymously. You don't need proper identification.
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