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Topic: What can you do with Bitcoins but can't do with Dollars? - page 2. (Read 1827 times)

member
Activity: 294
Merit: 34
Well bitcoin is decentralized and no one controls it and it's price is determined by the supply and demand. Unlike dollars, the value of bitcoin can increase abruptly and you can earn huge profits when you sell it.
P60
full member
Activity: 378
Merit: 100
Decentralized Digital Billboards
Bitcoin can experience a high price increase, while the dollar does not. Bitcoin can we mine, while dollars don't.
Definitely, one of the advantages of bitcoin is its potential to gets high. Once bitcoin increases, the price becomes profitable than dollars. Though dollars also increase, but it doesn’t meet the price of bitcoin, there’s a big difference.
full member
Activity: 210
Merit: 100
What can you do with Bitcoins but can't do with Dollars?



Well, firstly, earn a ridiculous value increase. Secondly, I can sell bitcoin for a ridiculous fee. Thirdly, I can market physical BTC coins as if they were unicorns, and consequently earn a profit on them as if they were unicorns. Etc...
Bitcoin price sometimes increase. It's value varies fron time to time and it's currency can't be use and still has to be changed into state money unlike dollar whose value is steady and is physically present.
sr. member
Activity: 798
Merit: 251
Small Trader
Bitcoin can experience a high price increase, while the dollar does not. Bitcoin can we mine, while dollars don't.
jr. member
Activity: 313
Merit: 1
What can you do with Bitcoins but can't do with Dollars?



In bitcoin i can send it to others even i am just sitting here in our house but dollar cannot. I can put my bitcoin in different digital wallet while dollar cannot. Bitcoin is volatile and price rapidly change while dollar cannot. Bitcoin has a higher value while dollar has a fixed value. Bitcoin is digital currency and intangible asset while dollar is controlled and issued by the government and it is a tangible asset.
jr. member
Activity: 118
Merit: 1
Best thing about bitcoin is you can remember your private keys in your brain.  With cash I'm not sure how you privately move your money from country to country.  Bitcoin seems much easier than shoving fiat up my ass.  
newbie
Activity: 19
Merit: 0
This question is a very good one. I agree that people do not actually know what to do with their Bitcoin. We must know that Bitcoin and the blockchain technology are totally unique and special. First, as we all mentioned, profit can be made with Bitcoin. You just have to wait when the price rises and take the surplus in dollar. Bitcoin has no special exchange fee from one country to another. 1 Bitcoin is the same in America or in Africa. Additionally, it is a currency that tries to bring justice to our societies and it does not depend on politicians and on banks. I think it is very cosy to use.
newbie
Activity: 167
Merit: 0
You can hide your bitcoin in your device that dollie don't?
You can use bitcoins in a mode of payment while you are in your house and lying while dollar don't.
And you can transact business with bitcoin  in any country that dollars don't?
jr. member
Activity: 252
Merit: 2
I don't need any form  of verifications to use Bitcoin,i don't need to be afraid to carry at least two Bitcoin, I can send bitcoin to anyone anywhere in the world without a middle man..but for dollar not possible..
full member
Activity: 420
Merit: 105
Negative trust for an opinion! Check it out.
I can pay online privately for many of the computing services I use.  This is much better than giving up my cc information and exposing my identity.  Bitcoin really is amazing.  I also use Ethereum in this capacity as well.  Both perform excellent. 
full member
Activity: 854
Merit: 100
Unlike dollar account, anyone can create a bitcoin wallet and transfer or receive bitcoins directly into the wallet without the help of any third party as in the form of banks givig us ATM cards and theybthe banks having to activate and deactivate these cards.
newbie
Activity: 42
Merit: 0
if you look at the example on investments, then on a pair of dollars you will not play as well as on bitcoin if you want to get a good income.
hero member
Activity: 742
Merit: 526
You can do payment with bitcoin without knowing anyone.
Can do payment with bitcoin cross border at very cheap rate as compared to dollars.
You can send minimum value of bitcoin to someone for example -- 0.00000001 btc and dollars decimal value is very high.
Correct me if i wrong..

It looks like you are wrong really. In fact, you can't send as little as 0.00000001 BTC to anyone as your transaction is unlikely to ever get confirmed. And while it doesn't look as a big issue as long as you trying to send as much, it definitely is with bigger amounts. There are quite a few wallets out there with balances below or on par with the minimum transaction fee, so these coins are not sendable or spendable and stuck for good.

Well, at least until fees go down dramatically.
newbie
Activity: 308
Merit: 0
You can buy most cryptos with Btc from exchanges. In most cases, you can't do this with fiat. If you want the stable price of fiat, then there is Tether, which you can use as a currency.
newbie
Activity: 30
Merit: 0
There are something which we can do with Bitcoin but not Dollars. First of all, we can mine Bitcoin and dollars are provided by the governments. Secondly, Bitcoin is created by blockchain technology and Dollars is not. Specially, Bitcoin is invisual but dollar is visual. Besides, the price of bitcoin is extremely high, the bitcoin price maybe ten thousand times as high as dollar.
sr. member
Activity: 1112
Merit: 256
Crypto has volatility and that is why there are so many people who want to put their money into those projects, this kind of earning is easy and require only a knowledge.
copper member
Activity: 205
Merit: 2
If you hold 10 Dollars for 10 years, the only thing you still would be able to buy for it will be a single can of soda. While with coins is other way around. They don't lose value with years.
sr. member
Activity: 1092
Merit: 284
What can you do with Bitcoins but can't do with Dollars?


The 2 choices have their own strengths and weaknesses, what the dollar cannot give me is the investment value and short time in investing. if I hold bitcoin for about two years, the original price may be two or three times or even ten times the original, on the other hand if I hold the dollar for two years, the price will not increase enough and take a long time to increase.
sr. member
Activity: 511
Merit: 250
Open and Transparent Science Powered By Blockchain
What can you do with Bitcoins but can't do with Dollars?


For example, earn a bitcoin on the growth, but that's not a fact, well, at least not to spend. Because if you have cash, then there is a big chance that you will spend it fast. But the bitcoin is still harder and worse, because there is great hope that it will grow...
newbie
Activity: 122
Merit: 0
There are a lot you can do with Bitcoins but can't with dollars. The two are both medium of exchange but they do not have exactly the same structure. Dollar has been here for decades if not centuries while Bitcoin is barely a decade old. The cost for Bitcoin transactions are really low while it'll take much more to process same value of transaction with the dollar. You don't hold need to hold any bulky item at hand when you use Bitcoin. But for the dollar you might have to hold the dollar bills.
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