Topic: What ease your mind the most about bitcoin (Read 324 times)
For me it's the convenience. Since it is much easier, less hassle, and not time consuming doing different transactions. And also your control over your btc. That no one has a control over your btc except you.
Well, the fact that the technology is decentralized and virtually unstoppable is definitely a very soothing thought. We saw how other decentralized technologies like Torrent sites <P2P system>, changed the music and entertainment industry and how unstoppable it was and Bitcoin is based on the same technology. 
The music and entertainment industry had to adapt and industries and governments will just have to accept that Bitcoin can also not be stopped and that they too, need to adapt.
The music and entertainment industry had to adapt and industries and governments will just have to accept that Bitcoin can also not be stopped and that they too, need to adapt.
Same here! And with the fact that I can earn it without dropping a single sweat. (I'm talking about the btcs I earn here in bitcointalk through signature campaigns.) All it takes is enough knowledge to contribute here in the forum and a stable internet connection. Just make sure that you meet the quota and then voila! You have your money. Cool, isn't it? 
Mine is 
no single organisation or government has control over bitcoin, what is yours?
no single organisation or government has control over bitcoin, what is yours?I love the way Bitcoin is also beyond the control of the government agencies as well as the banks. This is very weird yet amazing these days when everything is under the powerful dictation of the elites which are either sitting on the government thrones or at the bank offices. Bitcoin is truly revolutionary. Not to mention the fact that Bitcoin knows no jurisdiction.
Mine is no single organisation or government has control over bitcoin, what is yours?
no single organisation or government has control over bitcoin, what is yours?Hmm, a digital asset that can help me with my financial status. Yes, I would like to be an honest crypto enthusiast here. Easier transactions is a plus points, no third party involved but the main reason for me that ease my mind is that it can be a long term digital investment. You hodl bitcoin and wait for the huge pump and then you can get profits.
Mine is as below.
I can easily transfer money to a person sitting in the opposite side of the world in minutes and without any middleman and the hassle and heavy charges for the transaction.
This for me is the coolest thing ever I have seen since I was born This is the sole reason why I think bitcoin will definitely succeed in future.
You are exaggerating talking about charge of transaction with bitcoin, i think. Fee of Transactions with bitcoin are not always be cheap, it is potentially get charged more expensive when shocks are happen. Last years i made a transaction with bitcoin (sent dozens of dollars in bitcoin) and it got charged about 8 dollars. I can easily transfer money to a person sitting in the opposite side of the world in minutes and without any middleman and the hassle and heavy charges for the transaction.
This for me is the coolest thing ever I have seen since I was born
This is the sole reason why I think bitcoin will definitely succeed in future.
for me its mainly a anonymous way to pay people far away from me.
And i really like the community around bitcoin and some altcoins.
regards
And i really like the community around bitcoin and some altcoins.
regards
So many things eases my my mind when I think about BTC and it's future but what I like the most or what brings an ease is the fact that industries are now integrating it into their products and also its safe and secured to use.
Mine is no single organisation or government has control over bitcoin, what is yours?
no single organisation or government has control over bitcoin, what is yours?I think I'm totally interested in the number. At first glance it looks like only 21 million units. But the real magic begins later. Thousands of BTC are already missing! In other words, the total number will be less than 21 million.
But if we look at it in eight decimals, everything changes completely.
How about $ 1 = 1sats theory?
Mine is no single organisation or government has control over bitcoin, what is yours?
no single organisation or government has control over bitcoin, what is yours?Maybe they don't have power over bitcoin, but sadly they have power over the users and if a country says it's illegal to buy bitcoins, then people will stop doing it to avoid going to jail. So, bitcoin is and will be free, but there is no freedom for the users yet. You can see as an example India, who is making some hard laws about Bitcoin right now.
In the open, but some will do it underground. All you need is something like tor and a wallet like Electrum that uses it. Of course the biggest pita would be exchanging the fiat, but i guess it can be done in a close circle of friends rather than strangers.
If India wants to become country 16 against Bitcoin, so be it. The world will bypass around them, that is, wealth will bypass them. The people of India should tell their politicians how smart that move is...
And yes, some of the previous arguments, including government and institutional non interference, and nearly instant super cheap transfers worldwide, no matter the amount, matter.
Bitcoin is a virtual currency that lives in the cloud, therefore a "transfer" is the mere exchanging of people who have the keys that control them. What can India do against it? Shutdown internet? Let them try, it worked so well for its neighbor China (worlds largest Bitcoin usage).
In my case it is a safer and more private way of sending funds from one person to another other than through our banking systems. Also, it's another form investment that you can be sure to receive your profits in the future if you hold for long.
For me it's the thriving community that believe in bitcoin and make it a reality. There are so many people trying to build it up and protect it... from hackers to cyber security firms like Ciphertrace, companies who want to make it faster and more reliable. The fact that so many people are coming together to make it something rather than just one overarching company is remarkable
It would ease my mind if BTC goes high enough that altcoins I hold will be worth a ton of money enough for me to start wander around new cities. Right now it seem easy for the price to dive a deep well without something to look forward to except that Libra which is also in the brink because of the senate. Nothing can ease the loss until I got the money back. Glad to have been working on job sites though at least I won't have to dump it all.
Mine is no single organisation or government has control over bitcoin, what is yours?
no single organisation or government has control over bitcoin, what is yours?Maybe they don't have power over bitcoin, but sadly they have power over the users and if a country says it's illegal to buy bitcoins, then people will stop doing it to avoid going to jail. So, bitcoin is and will be free, but there is no freedom for the users yet. You can see as an example India, who is making some hard laws about Bitcoin right now.
The thought that I have total control over my bitcoin. No one can take it away from me, even the government, ease my mind on bitcoin.
honesty, it is making easy and fast money.i thought it was easy lol.
Unfortunately, it not always that easy. Trading needs a lot of reading and preparation. Investment is a risk and there is always a chance that you will lose.
honesty, it is making easy and fast money.i thought it was easy lol.however i lost %65 of my total money i have learned my lesson.i think its still not so hard to earn some money if obey some rules.
Fully control the flow of money in Bitcoin at the moment can not no government. And in general it is impossible. The government will be able to control only the money that is exchanged on official resources and exchanges.
For me one of the best things about Bitcoin is that I can do finances without banks, I can purchase goods and services without spending fiat money. Also Bitcoin is available to me everywhere I have internet connection and transactions are fast and easy.
And I know that with time, no matter the price dumps and corrections my Bitcoin investment will bring me profit.
And I know that with time, no matter the price dumps and corrections my Bitcoin investment will bring me profit.
What we invest at this moment will get back you with profit someday. This we cannot get with each and every form of investment. All that required is the patience, other than this the most important thing is the ease of accessing and using it without any intervention of third parties as the banks do.
Mine is as below.
I can easily transfer money to a person sitting in the opposite side of the world in minutes and without any middleman and the hassle and heavy charges for the transaction.
This for me is the coolest thing ever I have seen since I was born This is the sole reason why I think bitcoin will definitely succeed in future.
I can easily transfer money to a person sitting in the opposite side of the world in minutes and without any middleman and the hassle and heavy charges for the transaction.
This for me is the coolest thing ever I have seen since I was born
This is the sole reason why I think bitcoin will definitely succeed in future. Jump to: