There are some advantages of using BTC:
To eliminate third parties.
To access control over all yoir assests
To avoid paying unnecessary taxes
To avoid middle man
To make transaction faster
To make anonymous transaction
Topic: What makes Bitcoin valuable? - page 28. (Read 2956 times)
In my own opinion bitcoin makes valuable because of its high value and a lot of people considering that bitcoin is one of the solution in terms of financial needs. Aside from that bitcoin is nontaxable, uses for online payments system and easier to transact from country to another. Bitcoin cannot be hacked easier and the security stricted.
yes true, bitcoin can help the economy and bitcoin a person make a lot of real money without any difference for those who want to try.Bitcoin is seen as valuable due to it being decentralized. In my opinion, since it is non-taxed in some countries and away from the government, the demand for bitcoin increases thus increasing the value of bitcoin. Compared to physical money, it is easier to invest with bitcoin. However, the downside of bitcoin is there have been numerous scams with regards to bitcoin.
Bitcoin can really help a lot in the economy if given the chance to circulate. This will open a lot of opportunities and possibilities especially in terms of banking and finance. Bitcoin can be both an asset and investment.
1. Bitcoin is safe. It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.
Although Bitcoin have solved many problems with the financial world, but it's not perfect. I think Bitcoin doesn't have many advantages. It have many disadvantages. That's reason Alternative Coin was born. Novelty, oddity and mystery made Bitcoin valuable. Bitcoin's value depends on everyone's acknowledgment for it. Do you think why Altcoin is more convenient than Bitcoin but they can't beat Bitcoin? This is similar to the way we think diamonds are precious. In short, because people have strong faith in Bitcoin, Bitcoin have the value.
Everyone in the crypto space has had people tell them that Bitcoin is worthless or that it doesnt have any true value.
Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.
So heres a little cheat sheet for any newbies out there who get this question or accusation:
1. Bitcoin is safe. It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.
In short, Bitcoin solves massive problems with the financial and political world, and that is its value.
And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.
-
@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential
Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.
So heres a little cheat sheet for any newbies out there who get this question or accusation:
1. Bitcoin is safe. It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.
In short, Bitcoin solves massive problems with the financial and political world, and that is its value.
And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.
-
@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential
I strongly agree with you ! What you have stated are the reasons why bitcoin is precious. It is also valuable because of its price although, it sometimes goes up and down still possessing it is a treasure. Moreover, bitcoin is valuable because it provide an income for others and profit. Bitcoin is a solution for their financial problem. It is valuable because it makes our lives easy like bo tax, easy transaction and so on.
Everyone in the crypto space has had people tell them that Bitcoin is worthless or that it doesnt have any true value.
Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.
So heres a little cheat sheet for any newbies out there who get this question or accusation:
1. Bitcoin is safe. It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.
In short, Bitcoin solves massive problems with the financial and political world, and that is its value.
And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.
-
@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential
Bitcoin is very valuable.One thing that makes it very valuable is that it can be an aid in the financial needs of people.Through bitcoin someone can gain and earn so much money.Someone can make their time and effort so very productive. Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.
So heres a little cheat sheet for any newbies out there who get this question or accusation:
1. Bitcoin is safe. It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.
In short, Bitcoin solves massive problems with the financial and political world, and that is its value.
And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.
-
@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential
I firmly believe that only two of the most important factors affecting Bitcoin, the Internet and market demand, the Internet determines the existence of bitcoin is meaningful, and the market demand is to determine the current price of Bitcoin and the future price forecast.
Internet is just a medium of the bitcoin for us to use and acces it, just like what you have said, I think the market demand is the most factor that can affect the price of bitcoin. If the demand is very high then its price could go upward and vice versa. In my own opinion bitcoin makes valuable because of its high value and a lot of people considering that bitcoin is one of the solution in terms of financial needs. Aside from that bitcoin is nontaxable, uses for online payments system and easier to transact from country to another. Bitcoin cannot be hacked easier and the security stricted.
yes true, bitcoin can help the economy and bitcoin a person make a lot of real money without any difference for those who want to try. This is an asset for the future, Bitcoin is too valuable because Bitcoin has a bright future that could be the talk of many people in the world. bitcoin is a social network where many people from all over the world can interact and make transactions.
Yes. You have a point. Bitcoin is too valuable. It has an ability to solved a massive problem. Bitcoin is a simple, elegant and modern replacement for the whole concept of money. Its very useful to us. No one can take it down and no one can control. Its very secured and trusted. Bitcoin benefits can also attract to us. Just be valuable like bitcoin.
Bitcoin is at the forefront of virtual currency, many people know bitcoin and human's needs for bitcoins are huge. So bitcoin is valuable. More and more people, many companies used bitcoin.
yes that's right, as more and more people know about bitcoin then more and more virtual investments. so bitcoin is very valuable. 
What makes Bitcoin valuable because it disrupts our traditional financial system at lowest cost possible to send and receive money from everywhere in the world. Bitcoin is a revolutionary decentralized crypto currency that is safer and easy to use. It helps business owners to scale up by implementing blockchain technology.
Still many businesses are aren't able to implement bitcoin and its technology that easily. They still have to consider how cryptos are being accepted. In our country, bitcoin earning is already popular because of investments but still it is not nationally accepted especially by our government. At this time, our government is currently having issues with bitcoin so bad news are spreading nationwide. Though bitcoin itself is not the culprit for the crime, its name is being dragged down by the issue. Bitcoin in particular has gained popularity in recent time. Bitcoin, like gold has value because people believe it has value.. is thought to have intrinsic value because of its applications in industries like dentistry and electronics. bitcoin has a great future.
true, because bitcoin can promise benefits and help in everyday life for the economy of a person who is in a bitcoin forum.
Bitcoin is popular because of these advantages:
1 inflation is Impossible – no one can "print" new money and lower the rate of existing ones, the release is planned in advance and limited.
2 no intermediary-the money is transferred directly and is not controlled by anyone.
3 Decentralization-it is impossible to influence the currency, as there is no single Issuer of its issuing, no riot police broke into the office of "MMM" can not break into the houses of 7 million people.
4 the system is anonymous – no need to use your personal data, wallets are anonymous and no one can trace the end user of the wallet.
5 Freedom-the account cannot be blocked and the funds withdrawn. No one will be able to catch a user of electronic cryptocurrency from an ATM in the evening and demand to transfer 1 bitcoin to his wallet.
1 inflation is Impossible – no one can "print" new money and lower the rate of existing ones, the release is planned in advance and limited.
2 no intermediary-the money is transferred directly and is not controlled by anyone.
3 Decentralization-it is impossible to influence the currency, as there is no single Issuer of its issuing, no riot police broke into the office of "MMM" can not break into the houses of 7 million people.
4 the system is anonymous – no need to use your personal data, wallets are anonymous and no one can trace the end user of the wallet.
5 Freedom-the account cannot be blocked and the funds withdrawn. No one will be able to catch a user of electronic cryptocurrency from an ATM in the evening and demand to transfer 1 bitcoin to his wallet.
The first thing about Bitcoin's ability is to keep someone from spending the same money over and over again. For systems running without central use, the method used by Bitcoin is brilliant. Bitcoin is able to transform the Internet from a data transfer system into a value transfer system. The second factor is the very low cost of Bitcoin transaction even close to 0, giving more benefit to the users when compared to credit card transaction cost which reach 5% of total money spent. The third factor is the ease of detecting fraud in the system. Just as many credit card information and inappropriate credit card theft are found in the Bitcoin system it is difficult to do and will be instantly detected. The last factor is the belief that Bitcoin has value.
Everyone in the crypto space has had people tell them that Bitcoin is worthless or that it doesnt have any true value.
Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.
So heres a little cheat sheet for any newbies out there who get this question or accusation:
1. Bitcoin is safe. It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.
In short, Bitcoin solves massive problems with the financial and political world, and that is its value.
And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.
-
@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential
Bitcoin is widely used by everyone. Lots people are rich now beacuse of the said bitcoin. I can say that it is much safer that others .We can use for business purposes and other transactions with fast and easy. Bitcoin is part of our future and progress of our country. Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.
So heres a little cheat sheet for any newbies out there who get this question or accusation:
1. Bitcoin is safe. It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.
In short, Bitcoin solves massive problems with the financial and political world, and that is its value.
And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.
-
@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential
What makes Bitcoin valuable because it disrupts our traditional financial system at lowest cost possible to send and receive money from everywhere in the world. Bitcoin is a revolutionary decentralized crypto currency that is safer and easy to use. It helps business owners to scale up by implementing blockchain technology.
Bitcoin is always genuine.Bitcoin solves massive problems with the financial and political world.Because it is the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.
Usual value and BITCOIN is the first algorithmic currency in the world. has high technology, high security, high liquidity, limited inflation. and importantly not controlled by the government. That's what makes bitcoin worth
Undoubtedly, bitcoin has a number of advantages over FIAT and those people who deny it are simply not right. Cryptocurrencies is the financial future of people. I hope more and more people will respect cryptocurrencies.
Bitcoin valuable because people demands it, and we find it useful especially when business establishments maccepts it as mode of payments.
Bitcoin is not another patch, patching the hole of the old monetary system. This is not some new bank or payment system offering new ways of transferring old dollars. Bitcoin is a simple, elegant and modern replacement for the whole concept of money. And it has value for the same reason that it has paper money in your wallet: it simplifies the exchange of goods and services, and this is no longer the case that we had in the antique barter market environment, and in the current situation where network interactions through the Internet play a crucial role.
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