What does Bitcoin protects people from ?? - page 4.

KenChanYu

hero member

Activity: 1139

Merit: 500

Quote from: BitHodler on July 22, 2018, 07:24:44 AM

Quote from: Lima0396 on July 18, 2018, 02:24:24 AM

It makes my identity hidden when making transactions online and also my data and information to privacy for being a decentralized .

Keep dreaming. The majority of the people buy their first coins through centralized services that require at least some form of verification. If you don't do anything to get rid of that taint, you have no privacy at all.

It's actually quite dangerous to easily assume that you enjoy a great deal of privacy just because you're using Bitcoin, while in reality privacy barely exits in this industry anymore.

There have been quite a number of drug dealers that were busted just because they thought that Bitcoin's anonymity would protect their identity and such. It's pure ignorance but people will slowly learn in the coming years.

Monero is gaining popularity consistently.

It helps people in terms of safety and security. Bitcoin users are in full control of their transactions since no single institution controls its network. This puts some people at ease, because it means that a large bank can’t control their money. It offers strong protection against identity theft. We can also protect our money with backup and encryption.

decidedung

newbie

Activity: 27

Merit: 0

You see the final btc price is $ 19500 then what do you say? If you protect it from thieves, you will protect your future. Bitcoin has nothing to protect but just for the sake of investors, those inside e-money are here to earn and earn so, the only concerns here are the investments in the future

BitHodler

legendary

Activity: 1526

Merit: 1179

Quote from: Lima0396 on July 18, 2018, 02:24:24 AM

It makes my identity hidden when making transactions online and also my data and information to privacy for being a decentralized .

Keep dreaming. The majority of the people buy their first coins through centralized services that require at least some form of verification. If you don't do anything to get rid of that taint, you have no privacy at all.

It's actually quite dangerous to easily assume that you enjoy a great deal of privacy just because you're using Bitcoin, while in reality privacy barely exits in this industry anymore.

There have been quite a number of drug dealers that were busted just because they thought that Bitcoin's anonymity would protect their identity and such. It's pure ignorance but people will slowly learn in the coming years.

Monero is gaining popularity consistently.

Jhet09

jr. member

Activity: 41

Merit: 1

Bitcoin can protect your money and i know bank is the safe to hindi your gold or silver but in bitcoin you can more silver or gold by investing it and in bitcoin you can guranteed that your money is safe and thats why you can trust bitcoin.

[email protected]

newbie

Activity: 42

Merit: 0

I think BTC and ICO prjects protect people future for the retirement.
If you need my recommendation, I can say to you that you need to study about Socratus. It is a platform for insurance companies that was created in order to make the communication between customer and insurance company more convenient and simple. It helps to get read of annoying personal meetings and paperwork. With this ecosystem, companies will be able to cut operating costs, create new insurance products, deal with data analysis more efficiently and many other benefits. I really like their philosophy! And I think they deserve investing. Moreover, if the one buys their tokens, they will be provided with an additional discount and special conditions.

Lima0396

newbie

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It makes my identity hidden when making transactions online and also my data and information to privacy for being a decentralized .

jcarlo

member

Activity: 798

Merit: 10

Quote from: Odlanyer on July 16, 2018, 10:55:22 AM

The anonymous transactions and disclosure and also the personal information of yours and hiding our wealth safer and helps us to improve our life and to be ready in future and protects to poverty and large taxes.

Bitcoin protecting our identity when making transaction. Its not to avoid taxes but we should keep our privacy in digital world. Privacy in digital world is very valuable and bitcoin offering our transaction become anonymity.
But the important thing about bitcoin is can use as store of value too like gold. If peoples knowing about bitcoin and use it, bitcoin more safe than gold because protected by private key

classictee

jr. member

Activity: 238

Merit: 1

https://eloncity.io/

Its protect me from paying tax, protect my personal data, anonymous transactions which cant be easily traced to me. Its also help in fast transactions.

giacatluong

full member

Activity: 395

Merit: 100

From a digital coin, bitcoin can protect people from the loss of money, you know that fiat money value goes down over time, so that your life will not enough. But since bitcoin appears everything is resolved easily. It is important that you keep your wallet safe

Core.BUSTER

sr. member

Activity: 562

Merit: 250

Quote from: darkangelosme on June 17, 2018, 06:56:16 PM

Bitcoin / cryptocurrencies is protecting us from 1st big taxes from the government, 2nd it's also protecting us from big fees in sending money abroad. Just my opinion Grin

.

Yes in bitcoin we don't have taxes to pay it's free and we know money transfer in other country have big charges but in bitcoin we pay only small amount and the transactions are fast and safe.

matvee

jr. member

Activity: 31

Merit: 1

Bitcoins gives you protection from a situation where the value of your currency has reduced. It is used and accepted world wide.

0t3p0t

sr. member

Activity: 1736

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Peace be with you!

Quote from: First77 on January 20, 2018, 04:03:53 PM

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 ?? Grin

Bitcoin is a revolutionary asset that protects people from greed and harsh environment which fiat currency, precious stones and metals has failed to provide most especially to those people living in the lower status in the society. Bitcoin is transparent, secure, has privacy and decentralized that is why no one can control it's system though can be manipulated by whales or community but will surely give us financial freedom compared to centralized assets.

pragna

full member

Activity: 1582

Merit: 101

you an take it more then gold or diamond. Gold or diamond may stolen from your home and bank but if you stored BTC it will never be stolen if you don't loose your key or if you do not work in fishing site. you see last btc price hit $19500 then what you will say. If you store gold it would not give you that price as you store BTC into your wallet it is deam sure. So if you protect it from thief you will protect your future.

carlisle1

hero member

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Campaign Management?"Hhampuz" is the Man

Quote from: First77 on January 20, 2018, 04:03:53 PM

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 ?? Grin

Bitcoin has nothing to protect but for the interest of the investors only,people inside cryptocurrency are here to gain and earn so whats the only concerns here are the future investments

People are the one who needs bitcoin because of the technology behind this,and bitcoin needs people for this to grow and progress so in that case,both need each others

Babyfaceless

full member

Activity: 322

Merit: 101

Bitcoin can protect us by using bitcoin wallet and we can also deposit are money if you cannot trust the bank or atm's account you have a second choice to choose the bitcoin wallet it can help to not to robbing if you walk in the street or walking in street in the night and it's easy and safe to use it's look like a bank account you have a pin to log in in your bitcoin account.

sanjeevbaweja

newbie

Activity: 29

Merit: 0

Quote from: First77 on January 20, 2018, 04:03:53 PM

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 ?? Grin

Bitcoin more secure than gold silver or fiat currency

Neved1975

newbie

Activity: 84

Merit: 0

I assume the anonymity of Bitcoin in protective the identity of its customers in addition to the bitcoin machine permits people to defend their belongings from every body's reach so long as the non-public secret's maintained.

Odlanyer

member

Activity: 350

Merit: 10

The anonymous transactions and disclosure and also the personal information of yours and hiding our wealth safer and helps us to improve our life and to be ready in future and protects to poverty and large taxes.

rapsa2018

member

Activity: 504

Merit: 10

Bitcoin does not protect bitcoin in many people it just means that many people can and it also causes so many bitcoins to make it simple to study.

crazy-pilot

sr. member

Activity: 860

Merit: 253

SmartFi - EARN, LEND & TRADE

I think that bitcoin protects people from inflation. After all, the rise in prices for goods does not affect the decrease in the price of bitcoin. And bitcoin protects people from poverty. It is thanks to this cryptocurrency people have an opportunity to earn well.

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