What is the reason why we really need Bitcoin? - page 18.

aardvark15

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Quote from: Sofiasoff on May 21, 2018, 02:11:49 AM

Why do we really need Bitcoin?
I am a secretive and confidential escapee. I hate keeping money in safes with passwords or depositing money in banks that fear bank bankruptcy. I need bitcoin, will no one have control over my bitcoin account, unlike other electronic money systems, you may be locked account, frozen property. With bitcoin you own the private key, with a separate bitcoin address. No one manages and controls accounts outside of you.
And you?

The point of Bitcoin is to be able to store and use money without relying on banks or other third parties. It allows us to store money safely without a bank having any control over it.

Right now we do have to rely on exchanges typically to buy the Bitcoins though, but in the future I don’t think we will need to do conversions to and from Bitcoins as much. Ideally we just always hold some Bitcoins and constantly send and receive without ever needing to convert.

ELEL_ELEL

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Quote from: Sofiasoff on May 21, 2018, 02:11:49 AM

Why do we really need Bitcoin?
I am a secretive and confidential escapee. I hate keeping money in safes with passwords or depositing money in banks that fear bank bankruptcy. I need bitcoin, will no one have control over my bitcoin account, unlike other electronic money systems, you may be locked account, frozen property. With bitcoin you own the private key, with a separate bitcoin address. No one manages and controls accounts outside of you.
And you?

My reason why I really need bitcoin because it gives me a chance to change my life as l see the life of bitcoiners now they are rich now created by bitcoin. I want to be a part of bitcoin millionaires. I will not give up until there's something happen in my life.

kiky03

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I think I need bitcoin because I believe it is the future money and I want to earn more bitcoin for my future. I can also earn profits from it so it becomes my investment and my stable source of income. I can also send or receive money directly from my relatives abroad through bitcoin just at home using my computer, it is fast and cheap compare to any money transfer agent.

steelzeppelin

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Bitcoin is new technology with unique features - it is immutable ledger that holds amounts and stores transfers of these. It is immune to censorship and other attacks. It is also immune to confiscation by authorities (either direct or indirect via inflation). At the beginning (year 2009) bitcoins had no value, but the properties listed above became interesting for people so those people who weren't mining wanted some and offered first trades for fiat (dollars). So, first value was established like that. Then, this was reinforced - more people saw that bitcoins can be sold - and that the unique feats of Bitcoin are applicable to storing/transferring/keeping value.

paulo29

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For me, i do really need a bitcoin for the following reasons; first it has a special features like it does not requires too much requirements to be into it as an additional source of income, all you have to do is to join in any project campaign, trade, and or to invest. Second, because of its decentralize system of transaction, i don't need anybody or a middleman to transact into this bitcoin trading Lastly, it gives hopes, it also develop oneself professionally and personally. So many things to say but above all, bitcoin has the capabilities to change the humanity.

StarLucas

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I find that most people buy bitcoin to simply to increase their wealth, and as such few understand the true value behind Bitcoin. For those that are unsure why Bitcoin is important let me give you a very brief explanation.

Bitcoin is a form of money that is censorship resistant

This means that no one can control your bitcoin, close your account, force you to provide documents, deny you an account because of your age, sex, religion, or race. It allows anyone, or any computer program access to the economic system. It is the ultimate form of digital and accessible monetary freedom that exists today.

In the end I salute those that buy Bitcoin for speculative reasons, because in the process they support an asset that exists the greater good. I just hope most of them learn why Bitcoin is important during their journey.

Vness10

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Quote from: Sofiasoff on May 21, 2018, 02:11:49 AM

Why do we really need Bitcoin?
I am a secretive and confidential escapee. I hate keeping money in safes with passwords or depositing money in banks that fear bank bankruptcy. I need bitcoin, will no one have control over my bitcoin account, unlike other electronic money systems, you may be locked account, frozen property. With bitcoin you own the private key, with a separate bitcoin address. No one manages and controls accounts outside of you.
And you?

Well I agree with you and same to you I don't want anybody stolen my money like banks because sometimes is not secured too but in bitcoin tor the only one manipulate your money and more secured than in the banks. And mostly so many ways to earn in bitcoin and we can use it as a payment that's why I need bitcoin. It gives you good life no hassle.

redhorsebeer1980

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Bitcoin has its own unique appreciation to mankind.Not just helping to earning extra income from it but to value the hard work of everyone.It has a unique security that surely help others to keep their account safe and helps them to pay lower fees than the banks where you usually keep your money or savings.We really need bitcoin especially in having some transactions keeping our profile safe and wanted to have a fast and easy way of transactions.We need Bitcoin for us to know value of cryptocurrencies.

kobratuz

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For me I am not doing job. I'm only earn from bitcoin so, it's really need for me & also it's give me huge benefit what I want. bitcoin function are really awesome that why i really like this

ardydyon

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Quote from: Sofiasoff on May 21, 2018, 02:11:49 AM

Why do we really need Bitcoin?
I am a secretive and confidential escapee. I hate keeping money in safes with passwords or depositing money in banks that fear bank bankruptcy. I need bitcoin, will no one have control over my bitcoin account, unlike other electronic money systems, you may be locked account, frozen property. With bitcoin you own the private key, with a separate bitcoin address. No one manages and controls accounts outside of you.
And you?

I agree with you. bitcoin gives us full access without being bound by other parties because btc is free in any transaction in accordance with the will of the owner. btc also provides security for us who keep our money in btc. i really need btc

patrickj

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I think we require bitcoin or some other cryptographic money to get back the influence. As I would like to think, the banks worldwide need to enormous influence since they control all the cash. Those individuals who claim this banks are not trustfull and they manhandle they control for some awful things which occur on this world!

dongyi17

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Quote from: Sofiasoff on May 21, 2018, 02:11:49 AM

Why do we really need Bitcoin?
I am a secretive and confidential escapee. I hate keeping money in safes with passwords or depositing money in banks that fear bank bankruptcy. I need bitcoin, will no one have control over my bitcoin account, unlike other electronic money systems, you may be locked account, frozen property. With bitcoin you own the private key, with a separate bitcoin address. No one manages and controls accounts outside of you.
And you?

Well I guess for those who really has big investment and many assets whom they keep and they don't wants others to see it or steal it.. they need it, to for security reason and also if you want to spend some of it, its only you who knows and and when using it it more easy and accessible anytime anywhere.

trang1188

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I believe it is because Bitcoin is decentralized and you can perform transaction easier and faster. It represent the for the new world with new technology, without losing tax. It is especially fine if you don't want to reply on banking system. In stead of letting bank keep you money, you can keep it by yourself, note, multiply your private key and keep it safe. Sometimes, your bank account might be hacked, not your private key. So it is kind of safer

gracer88

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“Revolutionising Marketing and Loyalty”

I want to believe that with the help of cryptocurrencies and in particular with the help of bitcoin,we can get rid of the greedy hands of the state,of their control.
Want to believe...

Rajamuda

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Quote from: biuifyus on May 23, 2018, 01:48:06 AM

Everyone needs bitcoin because bitcoin is changing in people's lives.

For me, bitcoin is one of the best ways to invest, because I can earn a profit that I can't make in my daily work.

Not everyone dude, nope it's still not. Because out there are still many specific concerns that are still highly considered.
Bitcoin is profitable and it depends on how we react on it, which's not just investing only.. it has been proven to be the side of our work in the real world, it's a good complement for the real life.

hisuka

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Quote from: raihan09 on May 23, 2018, 04:31:42 AM

There are many reasons for we really need bitcoin. Bitcoin give you many opportunity to make benefit. it's also give you financial to success etc & It will change your live such as you live in comfortable.

Yes exactly bitcoin gives us many opportunity as a users. We can use this for our transactions to pay bills online and others. We are many here who truly needs bitcoin to save and earn as the value growth is increasing.

raihan09

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There are many reasons for we really need bitcoin. Bitcoin give you many opportunity to make benefit. it's also give you financial to success etc & It will change your live such as you live in comfortable.

wndrbr3d

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Quote from: Sofiasoff on May 21, 2018, 02:11:49 AM

Why do we really need Bitcoin?
I am a secretive and confidential escapee. I hate keeping money in safes with passwords or depositing money in banks that fear bank bankruptcy. I need bitcoin, will no one have control over my bitcoin account, unlike other electronic money systems, you may be locked account, frozen property. With bitcoin you own the private key, with a separate bitcoin address. No one manages and controls accounts outside of you.
And you?

Many crypto enthusiast have The same opinion too.
You and only you can control your cryptocurrency on your wallet, nobody can ban or arrest your funds. But if you are not careful, you can lost your crypto in result of visiting phishing links for example.

Yohr87

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Quote from: Haxor321 on May 21, 2018, 02:54:08 AM

I think we need it because it's absolutely can give us a lot of benefits and opportunities. Our life can become much easier and brighter because it produce many things that can help us. One of those things is by having a convenient,easiest and fastest way of doing some transactions. It also the answer to our difficulties when regards to our financial aspects and I'm pretty sure that there's a lot more things that this system can gives to us.

Bitcoin is very helpful to everyone specially to those unemployed like me Bitcoin is my source of income. Because of Bitcoin I can help my family to their needs and I'm financially stable enough.

GoodBrother

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Bitcoin is needed at least because the current world financial system needs a competitor that will show its minuses and compete among themselves. So they will be able to create a symbiosis, taking the best of their quality

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