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Topic: What does Bitcoin protects people from ?? - page 5. (Read 1086 times)

member
Activity: 115
Merit: 10
Bitcoin protects people from waste a lot of money when they try to send funds to someone anywhere in the world.  People pay extra charges just to send funds to a relative or friend. Bitcoin also provides a decentralized ecosystem. Cool
member
Activity: 616
Merit: 10
I think at first, the bitcoin and all cryptocurrency system protect people from standart banking system and their huge fees.
member
Activity: 238
Merit: 15
Bitcoin protects people only from large taxes and poverty)))
newbie
Activity: 98
Merit: 0
The price of gold and silver is always strong because the goods have intrinsic value, can be made jewelry for human.

The gold and silver market is totally rigged.
There's much more paper gold out there (certificates) than real gold.
And in terms of silver I recommend to google Blythe Masters and what she has done to mess up the silver market.
How much profit have gold and silver investors made over the last 5 years compared to Bitcoin hodlers??!!!  Wink
And silver and gold are pretty hard to transport over the borders. Pretty easy to seize. Bitcoin compared to that is so much advanced.
Gold and silver offer no competitive advantage to Bitcoin except it's long term existence. Especially no where we are the transition phase to the digital age Bitcoin is just superior.


It protect you from any scam net working site if you get in to it but in bitcoin, Bitcoin is often perceived as an anonymous payment network. But in reality, Bitcoin is probably the most transparent payment network in the world. At the same time, Bitcoin can provide acceptable levels of privacy when used correctly. Always remember that it is your responsibility to adopt good practices in order to protect your bitcoin account.  
sr. member
Activity: 412
Merit: 250
Bitcoin is a way to reduce the burden on the economy, at least now, while this technology is developing. And later it will be a way to get away from inflation)
newbie
Activity: 84
Merit: 0
The price of gold and silver is always strong because the goods have intrinsic value, can be made jewelry for human.

The gold and silver market is totally rigged.
There's much more paper gold out there (certificates) than real gold.
And in terms of silver I recommend to google Blythe Masters and what she has done to mess up the silver market.
How much profit have gold and silver investors made over the last 5 years compared to Bitcoin hodlers??!!!  Wink
And silver and gold are pretty hard to transport over the borders. Pretty easy to seize. Bitcoin compared to that is so much advanced.
Gold and silver offer no competitive advantage to Bitcoin except it's long term existence. Especially no where we are the transition phase to the digital age Bitcoin is just superior.


Bitcion is helpful to the society it protects us of being poor .
newbie
Activity: 84
Merit: 0
The price of gold and silver is always strong because the goods have intrinsic value, can be made jewelry for human.

The gold and silver market is totally rigged.
There's much more paper gold out there (certificates) than real gold.
And in terms of silver I recommend to google Blythe Masters and what she has done to mess up the silver market.
How much profit have gold and silver investors made over the last 5 years compared to Bitcoin hodlers??!!!  Wink
And silver and gold are pretty hard to transport over the borders. Pretty easy to seize. Bitcoin compared to that is so much advanced.
Gold and silver offer no competitive advantage to Bitcoin except it's long term existence. Especially no where we are the transition phase to the digital age Bitcoin is just superior.


Bitcion protect us by hiding our wealth safer and away from manipulation of government issued taxes that's our hardships we do it with strength and perspiration enough that we give a ten percent taxes not in exceed of our wealth.
member
Activity: 294
Merit: 10
I will answer this question just only based on my experience in using Bitcoin. This crypto currency protects people from hassle in having their financial transactions. Well Bitcoin is really a great crypto currency that lets people to avoid a slow transactions and processes as well as having a secure way of transferring money which the user is anonymous because it is a decentralize currency.
newbie
Activity: 1560
Merit: 0
Controlling inflation is impossible, and we can only control it
jr. member
Activity: 196
Merit: 3
AS per my knowledge, bitcoin can protect people from devaluation of your fiat currency. This is because when the goernment make a decision to make the price of their money lowered. Also, Inflation, you can avoid inflation by  investing in bitcoin. LAstly is your identity in your bank. Here in bitcoin is much more anonymous compared to bank.



full member
Activity: 896
Merit: 198
The Company of bitcoin protects people from scammers that pretend to be a good kind of business man or woman to get the investors money, to earn an income in a bad way for their on good.

Also from the disasters like what op says, because your Bitcoin is in the safe place like cold wallet, hardware wallet.
Or even the scammers or a thief that wanted to get your assets especially your Bitcoin because it is a digital.
newbie
Activity: 238
Merit: 0
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





For me, bitcoin protects people from being scammed by other banks or hackers. Since bitcoin is secured, it lessen the chance of being hacked by hackers or scammed. It also protects people from being greedy.

i would say crypto users are more vulnerable to get hacked than fiat users. It's because of lack of education. You hear about crypto hacks every week, how often your fiat bank account got hacked? Even if so, you're likely to get reimbursed
sr. member
Activity: 630
Merit: 258
The Company of bitcoin protects people from scammers that pretend to be a good kind of business man or woman to get the investors money, to earn an income in a bad way for their on good.
full member
Activity: 616
Merit: 100
until right now I don't think that bitcoin is more good than the gold and silver because the value of bitcoin is changes every time, it makes that the price of bitcoin is unstable, but there are many people in this world that believe in bitcoin that bitcoin can be the next commodity like gold and silver because we can see right now years by years the price of bitcoin is increasing more and more
member
Activity: 784
Merit: 10
https://streamies.io/
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
Actually Bitcoin is just a business, we are investors. It's like the stock market and Bitcoin does not protect us. We protect ourselves from the risks of investing in our experience.
newbie
Activity: 124
Merit: 0
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 protects users with their high-security technology and, above all, they will not disclose information. But the money in the user account they have to take charge of the management. If they are stolen by a Bitcoin scamer there is no responsibility to get it back because it is your fault
newbie
Activity: 70
Merit: 0
There is no way to verify blockchain anymore. But for the catastrophes you mentioned, that will not happen. Bilcoin can protect you when the government decides to devalue your country. Because you invest your property in digital.
member
Activity: 332
Merit: 15
Bitcoin has brought the ideas of cryptocurrency and blockchain to the broad masses of people.  People are becoming less dependent on their governments and banks. Bitcoin gives freedom to all of us. People have an alternative to the inflationary currency, which the government imposes on us.
newbie
Activity: 147
Merit: 0
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 can protect people from crime, Bitcoin Users have full control over their transactions, it is not possible for sellers to create unwanted or unnecessary bills as can happen with other payment methods. Payment with Bitcoin can be made without including a personal identifier for the payment process. This provides strong protection from identity thieves. Bitcoin users can also protect their money with backup and encryption.
sr. member
Activity: 644
Merit: 250
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
I
Bitcoin protect people from inflation and maintain their wealth of because Bitcoin cannot be reproduce. It also protect people from corruption if it will be use in the government because Bitcoin transaction is transparent and can be viewed publicly.
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