Topic: Why are you interested in bitcoin? - page 2. (Read 1013 times)

If you asked me over and over again i will always have answers to provide you with the reasons why am always interested in bitcoin, I don't want to continue anymore with the fiat institutionization, i need to have control over my finance, i need to have a better experience in making transactions and payment with anything to deter me, i need a lesser transaction fee, i also need my privacy to be secured from central authorities or third parties.

If I personally think Bitcoin is like gold, Gold is one of the rarest elements in the world. No wonder so many people all over the world are hunting for it, because it has a very aesthetic value. Bitcoin itself has a stable value against inflation, Bitcoin has gone through several phases of its ups and downs in value. And the world is now seeing the success of Bitcoin, many well-known brands have become the means of payment for Digital Gold (Bitcoin).

We see the picture above, investing in bitcoin makes many people dream of owning it,
With the scarcity that Bitcoin has

We choose bitcoin because the returns it offers are too great, and we can't escape the temptation. If I were a millionaire, I would still choose gold over bitcoin, when I already have a lot of money, I don't need to risk investing in a risky asset like bitcoin. I still believe that profit is what we are all looking for with bitcoin and I don't want to lie about it.

For now, there are too many reasons why people love bitcoin. In fact, from all aspects, people have their own reasons why they love bitcoin. For example, in investing, by using bitcoin properly, you can get bigger and faster profits than other investments. Another thing is, bitcoin has a completely decentralized system, so no one really controls bitcoin, and it naturally moves based on the needs of its users. In terms of transactions, it is also very fast and can be done instantly. for example, currently, there are quite a lot of natural disasters that occur, with bitcoin, we can make donations quickly, even in a short time. There are so many reasons to love bitcoin.

Which is why these 3 exists up to this day and will continue to exist because every people have different view about bitcoin and gold. Just like what you guys have said, some people are still choosing physical things like Gold because they can touch it, see it and of course, they are much more assured that's its much safer that other types of investment. And there's also these people who are choosing crypto over physical things because it's easy to use and easy to carry unlike gold.

Neither the government nor any individual will be able to control or even stop it. Bitcoin is Special, and decentralized, every government is only able to prohibit it both in terms of use and for alternative payments, and this is one of their efforts to stop the use of Bitcoin, not to stop the flow of Bitcoin, the power of Bitcoin is too strong and you can be sure it is difficult to hold it, after all its purpose very useful for the owner himself.

The main reason is that Bitcoin is not governed by an organization; it is decentralized and can never be stopped by any organization or government; a particular government can only ban it in their country but can't stop it from existing. 

It is nice you got to know about bitcoin and this platform in time. It is never too late though but you will still have to acquire more knowledge about bitcoin so as to get yourself equiped to also onboard others too. To learn more about bitcoin, you can still google online about bitcoin, search for YouTube videos as there are a million and one videos out there waiting for people to watch, listen and get educated about bitcoin for which I know you are still curious about.

I would like to correct an impression yet as bitcoin was not really created for investment but rather to replace Fiat as a digital means of exchange but some early adopters turned it to business hub and began passing across the ideology of investment hence the new generation sees bitcoin as an alternative means of investment.
Lastly, there are a million and one reasons why people invest in bitcoin but not the least, "bitcoin is freedom of the unbanked."

Those of us who are interested in bitcoin are for many reasons, but the main one is because we are intelligent people who have understood that Bitcoin represents the future of true money that is only managed by ourselves, by freeing ourselves from a yoke like banks, governments, people can work to have their money, except that the money that bitcoin represents is organic, it does not devalue and the best thing is that it does not have any backing from a non-natural action or resource that can fall and devalue, I I see it with the same interest that I eat gold.

I enjoyed doing transactions anonymously courtesy of Bitcoin and I also have the opportunity of saving my assets in form of Bitcoin in my wallet without any third party having access to information regarding my total assets that is the case of saving fiat in the bank, moreso hodling Bitcoin in the wallet is another means of earning some profit accrued after investment for certain period of time preferably in a long term perspective especially when invested in a bearish run i.e when the price had dumped or dropped massively while selling all or part after a massive pump in the price all these are reasons why I got interest in Bitcoin.

Because the purpose of investing, of course, is to seek profit from our assets to become more. Because I think Bitcoin offers the opportunity to make huge amounts of profit for the future. This worldwide phenomenon of Bitcoin is one of the reasons that make many investors or companies buy Bitcoin. Apart from that, because it is decentralized, this is what got me interested in bitcoin.

Growth of enthusiasts number in bitcoin community is good, but — even if it would sound strange — even more important IMO that middlebrows and townees consider bitcoin as something they are ready to deal with. They are not enthusiasts, they count if they can earn on it, but their mercantile interest moves the word about bitcoin much deeper than enthusiasts can ever. And that shows that the revolution already happened.

I'm in interested in bitcoin for many reason like,
Decentralization
Trading
And other things though we can't say we come to bitcoin forum for only 1 or 2 thing but rather to get new knowledge on bitcoin and cryptocurrency as well..
Which I'm benefiting from it now, both financially and other ways

It is true that what I see now is a revolution, because many enthusiasts are interested in bitcoin and other crypto, not only in terms of profit, but they learn from technology development and also ideas that never stop to innovate continuously.
Even now, there have been many seminars that have educated the public, which in the end they understand about cryptocurrencies, which are an important part of their lives, as examples in their lives they can rely on from here.
The government has now acknowledged a lot about the development of blockchain technology, it's just that fiat still cannot be replaced with bitcoin, but in theory we are comfortable using bitcoin even though it is a means of payment during transactions.

Ancap may not manifest in all areas of life, but Bitcoin, by separating money and state will bring us closer to it.
It will give more power to the individual, just like the internet and access to strong cryptography allowed us to communicate privately and spread ideas without censorship.

However, money being such an important aspect of life, this revolution may have farther-reaching consequences than any of the previous ones.

One of the biggest problems of this world is the concentration of power. Bitcoin, by decentralizing money, can decentralize power, and I don't only mean it in terms of monetary value, but also the freedom to transfer it without permission, seizure resistance etc.
Initially it will probably have the biggest impact in the most oppressed countries, before it starts changing society, politics and culture in the developed West.

The revolution has already happened, and the fact that everyone will use cryptocurrencies is inevitable. The fact is that every year enthusiasts are added to the crypto community, the idea is growing, and the idea of Satoshi Nakamoto is getting more and more into the heads of people who are influential, who will be able to rebuild the unfair modern system of money. There are more and more of us, and those who learn about cryptocurrencies and Bitcoin never stop keeping this idea in mind.

It won't. Government is plastic enough to adapt to new conditions. It will take time but it will learn how to deal with bitcoin. May be it will not be the best way, but I'm sure it will be so. And still bitcoin will be good for us as, because returned control over our money will remain with us. If fiat will remain, we will still have a decentralized alternative. Don't expect financial revolution, it already happen.

Good question, and we appreciate you as a beginner here, we see from your question point of view, you have a curiosity to know what exactly is Bitcoin?, how does this Bitcoin work?, and what is this Bitcoin for?, and is Bitcoin important?. especially you are new here and I think you will get more detailed information in the Forum, especially Bitcoin and the Features of Bitcoin, maybe so far Bitcoin is likened to Digital Gold, Digital money, and the most valuable Digital Assets among others, and I think the priority Bitcoin has Priority which is superior to Gold.

Especially in terms of using Bitcoin as a digital Investment Asset, people hold it waiting for the right ATH to sell and get the desired profit, purchases are of course made in a down market. Bitcoin has the potential to be profitable for every user. there are many facts that make Bitcoin more interesting, now it can change the economy, it can be used as an alternative, especially in terms of payments. most people are interested because Bitcoin is a decentralized currency, in the sense that it can be used for many things and no one can control it.

Basically everyone has a different point of view, people will tell stories about it, their experiences about Bitcoin, interest in Bitcoin, here there will still be several different opinions about the meaning of Bitcoin.

Because I want the state to starve.

Bitcoin is the vessel through which anarcho-capitalism will become a reality.

I knew about bitcoin before when it was much cheaper, but since I focused on altcoins, I could not benefit from buying cryptocurrencies, because my portfolio consisted of altcoins and I lost everything.

Later, I continued to look for good investments, I studied many different options and came to the crypto market again, but this time I studied bitcoin and realized that this is a great investment. At some point, I regretted that I had not figured it out before, but apparently at that time I was not ready, and now I invest in bitcoin and consider it one of the best tools for this.