What do you like best about bitcoin? - page 183.

boyptc

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★Bitvest.io★ Play Plinko or Invest!

Quote from: Supercrypt on October 19, 2015, 02:31:01 AM

Quote from: matrix zion on October 19, 2015, 12:11:22 AM

I love the way Bitcoins can't be seized by the government!

That's the benefit we can enjoy in the decentralized system. As long as you hold your private keys safer no one can seize your bitcoins. But when we go for online third party bitcoin storage like wallets, and we do not have private keys there are chances to be seized by the third party.

As of now, we can assure it. But it seems the some local governments are showing their interest to bitcoin. They may not control bitcoin as it is decentralized but for sure if they announces complete adoption of bitcoin they can do something in their favor. Just like putting some value added tax for each transaction that we will do with our local exchange sites.

EnF0Rc3r

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M. PD&S

Easy to move; Anonymity

MisterMoney

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Secured.

josephgalbreath

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Supercrypt

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Quote from: matrix zion on October 19, 2015, 12:11:22 AM

I love the way Bitcoins can't be seized by the government!

That's the benefit we can enjoy in the decentralized system. As long as you hold your private keys safer no one can seize your bitcoins. But when we go for online third party bitcoin storage like wallets, and we do not have private keys there are chances to be seized by the third party.

dothebeats

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Cashback 15%

Quote from: TTMNewsMJ on October 16, 2015, 08:10:04 PM

I really like bitcoin because it is so easy to get.
It is the best for me because there's a lot of way where you can use it.

Depends on the place you live in, too, especially in NY where regulations are strict that makes it hard to buy bitcoins from exchanges.

matrix zion

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I love the way Bitcoins can't be seized by the government!

TTMNewsMJ

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I really like bitcoin because it is so easy to get.
It is the best for me because there's a lot of way where you can use it.

John_Dave

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The potential
This currency has a great future!

coinplus

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Quote from: Slark on October 15, 2015, 11:46:49 PM

Quote from: minerbit hill on October 15, 2015, 11:37:41 PM

some things
No identity theft
Send money instantly, anywhere, at any time
Funds cannot be restricted or frozen
No arbitrary limits or fees
No unapproved charges
No barriers to entry

1. Identity theft can happen if someone could have access to your wallet.
2. For now you funds can't be frozen but I expect in the future this could change, unfortunately, to bring bitcoin on a same level with other payment methods.

Not at all possible in a decentralized system.
With an online wallet services when you do not have access to your wallet private keys, they can do any restriction or freezing accounts are possible. But that's not with bitcoin functionality. Up to my understanding any restrictions or freezing is not possible as long as we believe in bitcoin is decentralized.

devil11

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Easy to use, ease to spend online and more easy as a source of income, like investment.

trinaldao

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Post your ann & bounty just contact me

you have your own bank

and you can send anytime everywhere what you want , there is no time lag
it's work 24/7 and cheapest fee than other online payment

Slark

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Quote from: minerbit hill on October 15, 2015, 11:37:41 PM

some things
No identity theft
Send money instantly, anywhere, at any time
Funds cannot be restricted or frozen
No arbitrary limits or fees
No unapproved charges
No barriers to entry

1. Identity theft can happen if someone could have access to your wallet.
2. For now you funds can't be frozen but I expect in the future this could change, unfortunately, to bring bitcoin on a same level with other payment methods.

minerbit hill

sr. member

Activity: 246

Merit: 250

some things
No identity theft
Send money instantly, anywhere, at any time
Funds cannot be restricted or frozen
No arbitrary limits or fees
No unapproved charges
No barriers to entry

jmintuck02

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★Bitvest.io★ Play Plinko or Invest!

I love learning and mining it. I also like anonymity and no gov can freeze it, so assured income from somewhere when SHTF. If Canada goes funny, I could likely get bread and milk and meat for mum and dad as well as myself. Maybe not QUITE assured, but something to help me.

gripflierGO

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Quote from: ?? on ??

The best about bitcoin is world wide as a single currency. There is no need of worrying about borders. One world one currency. How best the bitcoin is....

Yeah, and that is the best factor that attracts the new users towards the bitcoins, the decentralisation associated with it makes it unique from other currencies and also the speed of transactions with minimum cost is the added advantage, it has ruined the use of credit cards which was monopolist for online shopping, and now we can purchase goods online with the help of bitcoins, no credit card needed anymore Grin

Amanda2015

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Bitcoin is better than any other cryptocurrency for a simple reason that other cryptocurrency such as Litecoin and Dogecoin could hardly be used to purchase for retail commodities even if they are accepted by the dealers. And they are usually used for investment or storage value.

sana9821

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the main fact that i like bitcoins for is fast transactions and it is really easy to use everyone can use it even with no understanding in bitcoins

Aemon

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I like the fact that it is come and go for me. They can come in quick, go quick, but the bottom line is you can earn some free coins for doing a little work, which I really enjoy.

SushGo

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I am new to bitcoins and really excited to use and know more about bitcoins. Since many years we are using our traditional physical currency for day to day transactions and our banks are playing major role to regulate the transaction, but due to the introduction of Bitcoins people have more payment options for the transactions and they can skip the banks for the same which is an advantage for everyone. Bitcoins are easy to understand, no restrictions of banks and we can be our own bank - these are few positive things about bitcoins.

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