what you like best in Bitcoin ? - page 136.

Don007

legendary

Activity: 1050

Merit: 1007

Live like there is no tomorrow!

Quote from: johnyj on June 29, 2015, 08:17:48 AM

Decentralization is the future

The centralized system around the world have all showing sign of split and internal conflicts, no majority party is a norm now. When people are getting more self sustainable and have variety of opinions, a general agreement can not be reached in a centralized system. We just need one basic consensus, and the rest is up to everyone himself, minimal compromise

I agree with you, but we should also look at China. As they are contributing a big part to the total hashrate of the network, this might also be a risk. As soon as one pool grows too much, we might are going to face the risk of double spends - transactions etcetera. In that situation, the mining of the coin is quite centralized.. But what are we going to do about that ;/. Let's hope the huge miners in China are aware of this risk and try to prevent this.

johnyj

legendary

Activity: 1988

Merit: 1012

Beyond Imagination

Decentralization is the future

The centralized system around the world have all showing sign of split and internal conflicts, no majority party is a norm now. When people are getting more self sustainable and have variety of opinions, a general agreement can not be reached in a centralized system. We just need one basic consensus, and the rest is up to everyone himself, minimal compromise

Anony

sr. member

Activity: 308

Merit: 250

Invest & Earn: https://cloudthink.io

Quote from: twats on June 28, 2015, 12:34:01 PM

Intercontinental feeless* money recieve&send function.

feeless*: a few cents might be accepted as feeless.

Bitcoin is fully open-source and decentralized.People can trust on bitcoin with their own risk as it is protected by private key which is kept by user itself.All payments can be made without reliance on a third party and the whole system is protected by heavily peer-reviewed cryptographic algorithms like those used for online banking. Grin

SmartIphone

legendary

Activity: 1204

Merit: 1000

With people that i know "virtually" i can trade with them many things and that's what i like bitcoin.

GotaPauj

full member

Activity: 168

Merit: 100

I like that is world range and is useful everywhere almost

Gyfts

legendary

Activity: 2828

Merit: 1515

Decentralization. Simple. I think I would speak for a lot of others too. I view Bitcoin more than just currency, but evolutionary technology. Nothing more of magnificent Wink

But frankly speaking, I think decentralization and simplicity is the reason Bitcoin is popular amongst so many. There are no ridiculous fees, no regulation, limitations, ect. You can send and receive money anywhere, no matter the government or economic system.

madonnino

sr. member

Activity: 322

Merit: 250

I ❤ www.LuckyB.it!

Surely the chance to send payments quickly and economically, then I love the fact that i'm in possession of my money ever, (when you deposit money in the bank it's difficult to have immediately funds).
I AM MY OWN BANK!

everaja

hero member

Activity: 490

Merit: 500

~ScapeGoat~

The best things that i like about bitcoin is:
1. low , minimum possible transaction fees.
2. low amounts can be sent hassle freely.
3. Wink

Anonymity.
4. quick transaction.
5. out of government control.

Alty

hero member

Activity: 714

Merit: 500

RISE Project Manager

As others have mentioned Bitcoin represents FREEDOM.

Nobody is going to tell me where I can and can't send my BTC.

Rampton

hero member

Activity: 525

Merit: 500

I like how it has the potential to be a completely independent currency free from banks or governments. I also think it could become the worlds first universal currency and hope this happens as it would be pretty cool to spend bitcoins all over the world.

1Referee

legendary

Activity: 2170

Merit: 1427

The fact that I am actually the owner of my money for once. Also, where can you send $100,000,000 within a second for a peanuts tx fee if you so wish? Wink

indal

newbie

Activity: 1

Merit: 0

bit coin is a very good curencey an di like it veruy much

dblink

sr. member

Activity: 252

Merit: 250

According to me I like the best part of bitcoin the way it has been designed as an open accounting system and based on peer to peer network topology, and it has no central authority to control our monies and funds, I can choose any user to help me to process my transactions.

zecexe

full member

Activity: 224

Merit: 100

Bitcoin seems to be doing well for itself as a currency.That's only reason why I "LIKE" BTC because they look expensive int it's way, how will you feel a few years from now? Cool

Xialla

legendary

Activity: 1036

Merit: 1001

/dev/null

*limited, already known amount, which will be generated.
*open source, blade-edge technologies
*smart people around
*no control by gov.
*p2p network model
*just freedom

amiryaqot

legendary

Activity: 1050

Merit: 1000

for me BTCitcoin is revolutionary next generation currency it has more features other fiat currency just can think about that, 70% of my income are saved into my coins now and i am holding it for bright future because i want to enjoy early retire life, i believe investment in this great innovation can make possible my dreams.

bornil267645

sr. member

Activity: 406

Merit: 250

AltoCenter.com

It's swift,

It's safe,

It's anonymous.

And most importantly, it keeps those filthy bankers away from my money.

What more do'ya need. I like it all. Cool

Daniel91

legendary

Activity: 3374

Merit: 1824

What I like most is that Bitcoin is not associated with a any bank, and that BTC gives me the ability for complete financial independence.
Banks becomes the masters of our destiny, they have full control of our finances and our money and because of it I see bitcoin as a way out of this situation.
BTC is still new and relatively unstable now (its value) but in the long term I see BTC also as great investment, and that really gives me a lot hope for the future

randy8777

legendary

Activity: 896

Merit: 1000

not having to deal with banks and other companies to store/spend my money. i can send as much money as i want without any one saying you can't do this.

Kprawn

legendary

Activity: 1904

Merit: 1074

For me Bitcoin is FREEDOM.

I am not bound by any central organization and I have the freedom to have full control over what happens with my income and savings.

I live in a country, where there are a lot of economic and political instability. IF something goes terribly wrong, I can lift my roots and move to a NEW country and make a NEW start. {Nobody can limit the amount of money I take with me and I can have a fresh start}

Only thing I need... a little piece of paper with a few private keys. {I can encrypt and save them online, and nobody can link them to the Bitcoin address}

Other than that... I can have more secure online shopping... No more credit cards!!!!!

Topic: what you like best in Bitcoin ? - page 136. (Read 162396 times)