What can you do with Bitcoins but can't do with Dollars? - page 12.

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Quote from: pendekar cinta on October 28, 2017, 06:16:47 AM

Quote from: niotib on August 29, 2017, 12:52:50 PM

What can you do with Bitcoins but can't do with Dollars?

In my opinion bitcoin can provide incredible income for investors compared to dollar money because every year bitcoin will surely be many people who start to recognize it as one of the big enough asset for life so that the previous low price could have a significant increase.

Common answer from you dude. Transaction fees is best solution can given bitcoin which is cannot be achieve the US dollars. If you do any international money transaction you will fill the high cost for the transaction you see for the bitcoin transaction and fiat transactions. All the money exchanges, online transfer medium cost you more than the fees you see in the bitcoin wallets.

BingoDog

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At the moment it's easier to earn some bitcoins than dollars, at least I think so. And having dollars or any other fiat currency you are depending on your employer, banks and other financial institutions and always monitored in some way. With dollars you can't buy on darknet markets and with bitcoin you can. You don't have to pay taxes on bitcoin, it's lot of advantages and much less imitation than with using fiat currencies.

BitcoinCurve~

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Completely be your own bank.

pendekar cinta

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Quote from: niotib on August 29, 2017, 12:52:50 PM

What can you do with Bitcoins but can't do with Dollars?

In my opinion bitcoin can provide incredible income for investors compared to dollar money because every year bitcoin will surely be many people who start to recognize it as one of the big enough asset for life so that the previous low price could have a significant increase.

ekoice

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The major thing is that i could send huge amounts of money to any parts of the world instantly P2P without any intermediary bank at a very low cost.For this,i need not have to deliver my personal details which is not possible with dollars.

Unless bitcoin gets regulated,i could enjoy tax free earnings from bitcoin without coming under the radar of government which is not possible with dollars.

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Quote from: niotib on August 29, 2017, 12:52:50 PM

What can you do with Bitcoins but can't do with Dollars?

I can think of one thing in this scenario, when I have a $100 bill in my pocket, it's value doesn't changes no matter what happens but with bitcoins, I am guaranteed that as time passes, it's value will go up and I will make some good profit no matter how large or small.

asy7

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Of course, Bitcoin value increased in several times, but big devaluation is still possible. Dollars are more sustainable.

sharpshot

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I like that you can be your own bank with bitcoin. Its easy to send and if you receive it, you know the money is yours and wont be clawed back. There's a fixed amount of supply, so you know it can't be devalued by a government making more.

ghost424

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If you want a example, an example is when you are paying in a restaurant. Some restaurant bills have cents in their receipts. You have to pay more if you are paying in dollars but when you are using bitcoin, you can pay for the exact amount in bitcoin and that would be very useful. The difference of bitcoin and dollar is bitcoin is more secure because you are not carrying any bitcoin in the daily, so you cannot be robbed of bitcoin but if you are carrying cash there is still a risk of being robbed.

KingOfWinterfell01

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Quote from: niotib on August 29, 2017, 12:52:50 PM

What can you do with Bitcoins but can't do with Dollars?

Honestly, I can invest more on bitcoins and be actually rich compared to dollars which only gives forex investors a small margin of returns as compared to bitcoins. Plus, when you trade bitcoins, it's untraceable. It's untaxted (as of now) and is pretty easy to get a hold of it now, just know where and how to get coins.

Kmrherradura05

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soohi

Quote from: Nicol3 on August 29, 2017, 12:59:58 PM

Well my answer is simple, I can convert them into dollars with much huge amount rather than converting dollars to my fiat currency in my country. And that really matters because the value that bitcoin offers is much more compared to dollars alone.

Yes.,I agree with you., You can convert the Bitcoin into any other currency with a higher amount if convertion. While in dollars to our own fiat currency in our own country the value of convertion is on its smaller amount. The value of bitcoin changes and increases rapidly. So I think in terms of converting it into cash you better choose Bitcoin.

hich_ang

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I can travel around the world with a treasure in my pocket.

groko271

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The most important difference is you can(could) mine bitcoin, and other crypto's for that matter. Imagine being able to mine cash Grin

... only governments and banks are able to achieve that right now. Also you can make payments much quicker than other options right now.

Ultegra134

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Earn more more (In Fiat Currency) from the same amount of money, trade with discreet, or use it to pay for goods or services in darknet markets, if you are into that. Only the first thing is what matters to me, at least.

Gallegher13

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I can use it online and if I just keep it the value of it may increase or decrease.

ludbega

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The All-in-One Cryptocurrency Exchange

The absence of other human involvement in the realization of exchange between two people.

It is a perfect form of anarchy. Order without power.

In addition to this, its transparency, its evolution system, its pseudo-anonymity, its speed, its reliability. Which are its technical characteristics.

Does the rest still depend on us? : D

Celsiuss

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Well, if we look away from the constant market value change, theere are many good things that dollars simply cannot do.
Bitcoin is (kinda) anonymous. If you don't reveal yourself, no one knows who's behind the address. Good for multiple things.
Bitcoin can be sent anywhere in the entire world, and still be usable. US dollars are only usable in the US and are mostly worthless else in the world.

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I feel that one of the best benefits of bitcoin is anonymity which fiat currencies like USD cannot guarantee. We can anonymously conduct bitcoin transactions without the shadow of the government watching us. On the other hand, the government can easily track us when we use fiat currencies.

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Quote from: niotib on August 29, 2017, 12:52:50 PM

What can you do with Bitcoins but can't do with Dollars?

The best thing that you cant do with dollars that you can do to bitcoin is to send and receive payments online without the need for third parties because you can already send bitcoin from one wallet to another without using services. Another thing that I can do to bitcoin that I cant do to dollars is the ability to hold and profit in the long run. If one held dollar for a long time, the value might still be the same or decreased whereas bitcoin's value can be higher after a period of time.

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The best thing I can do or bitcoin itself does to all of us which dollar or any other powerful fiat currency can't do is providing us the right to claim it as our own not a foreign currency etc, since bitcoin knows no boundaries and hence it's a universal currency so I can use it to pay people from any country. Also I can send payments in just a matter of few minutes with bitcoin and without any middleman which I can't do with dollar.

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