Topic: What does Bitcoin protects people from ?? - page 2. (Read 1086 times)
Bitcoin anonymity is for hackers and criminals also. Decentralization means terrorists and criminals can mine bitcoin use for anonymous payments.
Bitcoin as all know also serves as a store of value and even to some extent much worth than gold and silver and as properties get burnt so as am sure a a digital currency thing on digital or technology have a lot of manipulation from hackers and fraud. However, bitcoin really protect us from manipulation from government and grant us autonomy of our digital currency.
From the inception Bitcoin was never made to be an investment but rather a decentralized crypto that eliminate control but give the ordinary people the control and reducing poverty at the same time. Bitcoin was just for P2P transaction for payment of goods and services without the interference of a third party. Bitcoin even from whitepaper never mention investment rather a means for P2P that will be centralized. It is the abuse that bitcoin holders that is labeling bitcoin what it is not. The earlier we know the truth the better understanding we will have.
Bitcoin does not protect, he shows you more how you can make money and it will be your money and your earnings.
Bitcoin save your privacy
bitcoin protects people from the stress of walking around the local banks spending and wasting precious time in waiting for cue just to do a transaction. Bitcoin protects people from intermediaries such as banks and financial institutions which impose enormous costs on financial transactions charges so as to benefit them.
I believe that the blocking system on which bitcoin is based is much safer than fiat, or bank keeping of money. 
bitcoin has protected people in many ways but just few to mention ;crime: as a digital currency, you store it in your mobile rather than carrying fiat currency in bulk walking from place to place which attracts criminals. as a store of value, people purchase bitcoin as an asset to prevent future loss or devaluation which affects the worth and cost of their asset. bitcoin protects people from the stress of walking around the local banks spending and wasting precious time in waiting for cue just to do a transaction. Bitcoin protects people from intermediaries such as banks and financial institutions which impose enormous costs on financial transactions charges so as to benefit them. bitcoin protects people from being jobless and idle as an individual, people see it as an investment and therefore invest in it and get returns which serves as means of income.
Bitcoin works with an unprecedented level of transparency that most people are not used to dealing with. All Bitcoin transactions are public, traceable, and permanently stored in the Bitcoin network. Bitcoin addresses are the only information used to define where bitcoins are allocated and where they are sent. These addresses are created privately by each user's wallets.
we are trying to see bitcoin as gold or stock, and I think that is not true. crypto currencies are like other currencies. gold or stocks here are different things.
bitcoin protects people from inflation and also it uses blockchain that can also be useful in protecting different transactions. It cannot easily be hacked.
looking at the value side of the price and the rise and fall of prices can be said to be very similar to mas that can be saved, so that the relative price is maintained by bitcoin which is very minimal there is a risk of possible inflation is a long-term profit such as gold...
i think bitcoin will protect people to prevent inflation.
bitcoin like a gold digital, they get up and down price, have a value, and it can get more profit for the person who hold it.
bitcoin like a gold digital, they get up and down price, have a value, and it can get more profit for the person who hold it.
Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars, natural disasters such as Earthquakes, hurricanes, cyclones, economic crisis, 9/11 terrorists attack etc.. so gold and silver are a store of value.
Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls.
As a commodity, what does Bitcoin price show or protects people from ??
Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls.
As a commodity, what does Bitcoin price show or protects people from ??
Bitcoin as a commodity will protect people from taxation. As a commodity it has value through exchanges.. it is just like other other currencies gold or silverh.
Now Bitcoin is digital asset that acts as store of value given by buyers and holders only. Bitcoin is unsecured investment.
Bitcoin protect us from the over restrictions of our financial life by the authority and it institutions and also bitcoin protect us from arm bandits who can take away your physical property but when you store bitcoin since it is base on the blochain it can not be stolen unless the bandits have access to your wallet which is most times very difficult. Bitcoin give us the total financial freedom which make us separate from the third party system.
I think Bitcoin protects people from intermediaries. Intermediaries such as banks and financial institutions impose enormous costs on financial transactions. This makes transactions very expensive. But Bitcoin is decentralized which means it is not supported by any authority. So that eliminates intermediaries.
Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars, natural disasters such as Earthquakes, hurricanes, cyclones, economic crisis, 9/11 terrorists attack etc.. so gold and silver are a store of value.
Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls.
As a commodity, what does Bitcoin price show or protects people from ??
Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls.
As a commodity, what does Bitcoin price show or protects people from ??
Well, about gold it is a hedge against inflation yes but I do not imagine going to buy my daily needs with that or you just need to bring it somehere, what a pain. BTC is just currency but its limited amount makes it deflationary so it makes it a hedge against inflation and easy to use it for your daily use when there will be more adoption.
Bitcoin as the head of all altcoin protects people means of investment and it also protect them from poverty.. with the help of Bitcoin the poort are now having a great opportunity to become very great and creating more job opportunity for others through the help of bounty
Bitcoin can also hedge inflation and price rises. Bitcoin is a more open and transparent decentralization system than gold and stocks.
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