Topic: What’s the SINGLE most valuable benefit for you in Bitcoin and why? (Read 1285 times)
The most valuable benefit for me in bitcoin is that i can purchase or making payment online where ever they are around the globe and it is faster transaction through online unlike in the bank many document you have to give them.
July 08, 2019, 09:59:47 AM
For me the most benefit of bitcoin for me is to use it as payment, and not seized by a central authority, i can buy somethings online, then pay it directly form my wallet and then finnished it by seconds. I don't need to go out to atm just for that, then lastly we can even pay our needs like eletric bills.
July 08, 2019, 06:58:55 AM
im sure if people mostly will say that the valuable benefit is can make money, and i will say the same. i dont know if bitcoin can make money, it will be famous like now or it just a science practice that implement for various fields.
easily to earn, and great value make people love it.
easily to earn, and great value make people love it.
July 08, 2019, 02:23:10 AM
My most valuable benefit of Bitcoin is the anonymous ability to make transactions with anyone in any part of the world. There have been times in the past when I have tried to send/receive funds from/to someone in a far away country but was difficult. But now, I can do that without any stress.
July 08, 2019, 01:39:00 AM
When I started making use of Bitcoin I never knew about it being anonymous, so I think my main reason for using it for transaction. Though it wasn’t useful at first because the platform I was using then wasn’t accepting cryptocurrency, I had to abandon and go for another payment method until I found out that it was volatile and be an investment, that’s when I decided to invest in it and then leave the money to grow. My main purposes are being a mode of transfer and also being an investment. Being anonymous is a good thing as well, just that never thought of it that way at first… but it’s also one of the coolest thing, so I’d say it’s a bonus.
July 06, 2019, 04:42:14 PM
To me is that it can be anonymous. That if you just don't want certain entities not to know how much money you have, you can have it on a piece of paper, or in your computer.
but what if they will search your name or your bitcoin address on a bitcoin explorer ? they can still see your balances and transaction because bitcoin is not that anonymous . if you want real anonimity then go on private coins like monero . by the way , the most valueable benefit that bitcoin gave me is profit because i use my bitcoins as an investment tool and i can earn regular profits with it but aside from that , i also use my bitcoin as a payment method when i need to gave money for my family as they also have a bitcoin wallets installed on thier phone and they are far away from me .
That's why I said that it can be unanimous. Particular for a regular person that's just trying to stay private. As apposed to a high target person who the feds are willing to spend a lot of money and resources tracking.
For example if a person loses their job and is applying for food stamps. The food stamps people will know how much you have in your bank account, but not beyond that.
But yeah, privacy coins for the win.
July 06, 2019, 11:23:09 AM
Should have added that transactions are on the blockchain. That allows them to be tracked which might be useful in some situations.
I've used it to pay bills before (albeit through an exchange) and I can say that it's convenient (I'm wary of connecting my utilities with my credit card). I'd agree that the most benefit many of us had here is income. People who otherwise can't buy stocks can easily buy bitcoins and trade or hold.
I've used it to pay bills before (albeit through an exchange) and I can say that it's convenient (I'm wary of connecting my utilities with my credit card). I'd agree that the most benefit many of us had here is income. People who otherwise can't buy stocks can easily buy bitcoins and trade or hold.
July 05, 2019, 10:28:01 PM
Aside the undeniable transaction benefits attained from Bitcoin, Bitcoin investment has always been the number one and most valuable benefit I experience. With the correct timing and patience, my bitcoin investment is able to yield more than 900% profit which is more than any profit return any investment platform can offer an investor.
July 05, 2019, 09:26:50 PM
The ability to sought and buy anything from across the globe with the use of bitcoin is definitely valuable in my part. There are instances where Small online sellers and retailers don’t often sell their services or products internationally because of the high cross-border transaction fees. Bitcoins, being global, relives this pressure once and for all, thereby making payments cheaper, safer, easier, and faster. In the past recent years we can say that bitcoin has significantly improved commerce which brings out advantages that benefit both the buyer and the seller.
July 05, 2019, 01:03:39 PM
You should at least add up on the poll;
-Benefit on making money online
I do highly believe that most people would really choose this up yet Btc do benefit most people here on this market
on making money excluding into its main purpose which is p2p transactions.
This is for me the most valuable benefit of Bitcoin. -Benefit on making money online
I do highly believe that most people would really choose this up yet Btc do benefit most people here on this market
on making money excluding into its main purpose which is p2p transactions.
I know this sounds weird for others but I'm not going to spend 8 hours in a company and will be paid under the minimum wage. I don't want to be ordered too for some reason. I would rather stay in our house and face my laptop.
I know there are some users here too are like me and there is nothing wrong with it as long as it is stable then its ok.
July 04, 2019, 12:51:21 AM
From the beginning I learned about cryptocurrency and understood it because their main benefit was freedom of transactions, from that I started to be interested in blockchain technology, because basically I really like looking for new things, especially when it comes to information technology. Then after that I learned not only the freedom of transactions but we can also make a profit in the world of cryptocurrency, even though in the end this is arguably the zero-sum in trade to earn profits.
July 03, 2019, 11:38:47 PM
You should at least add up on the poll;
-Benefit on making money online
I do highly believe that most people would really choose this up yet Btc do benefit most people here on this market
on making money excluding into its main purpose which is p2p transactions.
This is for me the most valuable benefit of Bitcoin. -Benefit on making money online
I do highly believe that most people would really choose this up yet Btc do benefit most people here on this market
on making money excluding into its main purpose which is p2p transactions.
I know this sounds weird for others but I'm not going to spend 8 hours in a company and will be paid under the minimum wage. I don't want to be ordered too for some reason. I would rather stay in our house and face my laptop.
I know there are some users here too are like me and there is nothing wrong with it as long as it is stable then its ok.
July 03, 2019, 03:44:43 PM
I understand the real possibilities of Bitcoin, where you can very quickly and without any problems conduct online transactions, transferring fairly large funds. But today bitcoin is a very profitable investment for me, which gives me the opportunity to become financially independent. Since I still had certain financial difficulties, I use the cryptocurrency for my own benefit first.
July 02, 2019, 01:20:23 PM
Nothing beats bitcoin when it comes to convenience and ease of transfer especially across borders. There are no 'gate keepers'mto monitor or approved your transaction while charging some hefty fee.
Not only that if you know your seed words you can carry all your money with you all the time without any way for anyone to know it, that is huge especially as governments put restrictions on the amount of money you can carry with you, this means that as long as there is some place where you can use your bitcoin to buy what you need you do not need to convert your money to fiat, and while at the moment you cannot do this everywhere due to the limited adoption of bitcoin around the world, this will change during the next decades as bitcoin becomes more popular. July 02, 2019, 07:18:22 AM
For me, the biggest advantage is that no one can seize my coins and if I am careful about it, then no one would even come to know how many coins I own. These things are not possible with any other asset, including fiat cash, bullion or equity. Another advantage is that we don't need the help from third parties to store the coins. With fiat cash, we need the help from banks.
Right, as long as you know how and where to hide your bitcoins then it's really one of the advantage of it. Specially for long term holders around, if they are just going to wait for the perfect time to sell them to fiat then no one can touch or get away from it.
And of course the potential profits all of us can get. Bitcoin is one of the best performing assets, and no other assets or investments out there can really give you the profits, not banks, not gold, not oil.
July 01, 2019, 10:12:41 PM
If you asked me 3 years earlier i would just said for profit, which is i am sure that most of the people start of on that same note, but once you start learning more about it you start knowing the true meaning and the true purpose behind the creation of bitcoin, and you start beveling in its cause and all those benefits that you have mentioned, but the most valuable one would be that it gives you the freedom to make transactions whenever you want and how you want.
I agree. Most people focused on the profit from Bitcoin, their only goal is to get more income. I don’t deny that profit from btc is a great benefit as well. Therefore we all should try to understand the idea behind creation of Btc and we should appreciate it more.
July 01, 2019, 10:17:54 AM
For me, the biggest advantage is that no one can seize my coins and if I am careful about it, then no one would even come to know how many coins I own. These things are not possible with any other asset, including fiat cash, bullion or equity. Another advantage is that we don't need the help from third parties to store the coins. With fiat cash, we need the help from banks.
July 01, 2019, 09:50:28 AM
For me Bitcoin is an extra income that helps me a lot. So, funds that I get and could easily change into any fiat currency. It's fast and convenient and always available. That is one of the best advantages for me that could help me changed my finances.
June 30, 2019, 06:42:16 PM
I mean with dollars or basically any fiat currency even in cash form people are afraid to do whatever they want, yeah they can spend it on regular stuff but as soon as it hits the legality gray area zone they are afraid of doing something illegal and getting caught.
There is a difference between fiat in physical cash form and fiat we spend through centralized institutions.
Fiat in physical form is what allows people to obtain the highest degree of privacy with how transactions are peer to peer, and not recorded on a server or ledger. This is what enables criminals to do whatever they want. This is how governments finance wars, buy weapons of mass destruction, etc. It's the ultimate form of money for both good and bad use.
What you are talking about is fiat people spend through centralized institutions.
June 30, 2019, 08:47:22 AM
As long as we are free to do whatever we want with bitcoin there is no reason not to be doing whatever you want with it. I mean with dollars or basically any fiat currency even in cash form people are afraid to do whatever they want, yeah they can spend it on regular stuff but as soon as it hits the legality gray area zone they are afraid of doing something illegal and getting caught.
I am not talking about illegal stuff like buying drugs or hiring a hitman type of crazy scenario, I mean literally supporting the opposition candidate in a dictatorship is risky in our age, try to give money to Putins enemy, you will be murdered, try to earn your money from another country and getting into your country, your money will be frozen and a lot of it will be confiscated. Basically it gives people the freedom to do stuff they would otherwise be afraid of doing.
I am not talking about illegal stuff like buying drugs or hiring a hitman type of crazy scenario, I mean literally supporting the opposition candidate in a dictatorship is risky in our age, try to give money to Putins enemy, you will be murdered, try to earn your money from another country and getting into your country, your money will be frozen and a lot of it will be confiscated. Basically it gives people the freedom to do stuff they would otherwise be afraid of doing.
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