Why Bitcoin? - page 2. | Bitcointalksearch.org

Amph

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Quote from: jacktheking on May 15, 2015, 01:38:35 AM

I choose Bitcoin because this is the only way I can receive payment online. I dont have paypal or Skrill or anything. The only popular and secure online currency I can use is Bitcoin. That's why I choose Bitcoin. Agree.. Let's hope that Bitcoin will not become a bank product. I hope Bitcoin will be decentralized forever.

it can't be centralized ever, at worst they could come up with something like it but centralized, like ripple for example

bitcoin will still remain the valid choice of liberalist

louise123

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Quote from: oblivi on May 14, 2015, 12:57:11 PM

Bitcoin is the biggest network in the world, more than all supercomputers running together, thats why.
And any other analogies you want to make (look what happens with myspace etc) will never work, because Bitcoin is decentralized.

Yeah but the Bitcoin network can only do one thing, whereas supercomputers can handle all kinds of tasks.
So I don't think that is a good comparison.
Just saying....

jacktheking

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I choose Bitcoin because this is the only way I can receive payment online. I dont have paypal or Skrill or anything. The only popular and secure online currency I can use is Bitcoin. That's why I choose Bitcoin. Agree.. Let's hope that Bitcoin will not become a bank product. I hope Bitcoin will be decentralized forever.

stromma44

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Sooner or Later it will replace Fiat Currency and I travel a lot so for me Bitcoin is best for the payment purposes I don't have to pay for currency exchanges costs wherever I travel and I just pay using bitcoins which saves my money and I can travel with very less cash in my hands.

hunnaryb

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Thats true. Bitcoin is the safest at present to invest and its a future so can afford to invest in bitcoin for the better returns in the future. Gold can be one option but its prices are continuosly going down but it will not be the case with bitcoin in the future as people start adopting it.

Xenoph0bia

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Bitcoin will be the future global currency and would be accepted across the globe and at present that is the best product to invest in and can give you a better returns on investments no doubt the risk is involved in investing in its but it goes with any financial product but still bitcoin is safe for the future.

oblivi

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Bitcoin is the biggest network in the world, more than all supercomputers running together, thats why.
And any other analogies you want to make (look what happens with myspace etc) will never work, because Bitcoin is decentralized.

Bit_Happy

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Quote from: Kyraishi on May 14, 2015, 12:32:01 PM

Quote from: ashour on April 13, 2015, 08:13:42 AM

You could ask the same with facebook, why should someone use it instead of a different social network. The answer is simple facebook is the biggest social network with the most support worldwide. Bitcoin is like this the biggest crypto currency in the world, until a new crypto currency comes wich will have more support and more users than bitcoin we will still prefer bitcoin.

Yeah.....
about facebook, that is a bad example bro.
Facebook was funded by the NSA or the CIA, I don't remember which but it was money from a bank they control.

Some start-ups are backed by the CIA:
Connecting In-Q-Tel to Facebook isn't easy using mainstream sources, but there are many rumors about "Fedbook" being started/helped by the Gov't.

Bit_Happy

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Quote from: kelsey on April 13, 2015, 08:05:13 AM

i've been around this community a few years and i still don't get why anyone would chose bitcoin.

don't get me wrong i believe in an alternative p2p currency, but to me bitcoin certainly doesn't cut it.

about the only answer people have is first mover advantage. but that's pretty much it.

bitcoin seems to, over time, be drifting more into a centralised system, core dev team where so few as 5 completely control the code, backed by what has come to light time and time again a very questionable central organisation.

have VC with their little startups jumping on board left right and center, and we know their goals Kiss

, bitcoin's heading more and more like being the bank product it was meant to be an alternative to Shocked

seems the only way to back bitcoin is keep your head it the sand and hope it'll all turn out good in the end........

Bitcoin will remain my #1 option, unless a viable alt has a strong user-base and really good reasons to switch. At this time, there is no other leading contender.

Kyraishi

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Quote from: ashour on April 13, 2015, 08:13:42 AM

You could ask the same with facebook, why should someone use it instead of a different social network. The answer is simple facebook is the biggest social network with the most support worldwide. Bitcoin is like this the biggest crypto currency in the world, until a new crypto currency comes wich will have more support and more users than bitcoin we will still prefer bitcoin.

Yeah.....
about facebook, that is a bad example bro.
Facebook was funded by the NSA or the CIA, I don't remember which but it was money from a bank they control.

BTC_Superman

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Bitcoin is more popular day by day and accept many companies, eCommerce, online stores. Then, why not Bitcoin?

WhatTheGox

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Quote from: kelsey on April 13, 2015, 08:05:13 AM

i've been around this community a few years and i still don't get why anyone would chose bitcoin.

don't get me wrong i believe in an alternative p2p currency, but to me bitcoin certainly doesn't cut it.

about the only answer people have is first mover advantage. but that's pretty much it.

bitcoin seems to, over time, be drifting more into a centralised system, core dev team where so few as 5 completely control the code, backed by what has come to light time and time again a very questionable central organisation.

have VC with their little startups jumping on board left right and center, and we know their goals Kiss

, bitcoin's heading more and more like being the bank product it was meant to be an alternative to Shocked

seems the only way to back bitcoin is keep your head it the sand and hope it'll all turn out good in the end........

We can make such an extreme step in society to go from bank/gov money to the perfect p2p peoples money just like that. People will gain back power in stages, bitcoin is a very large step as it is considering you can produce your own money via mining.

Q7

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Well i can't agree more on the centralization part. Even the mining has moved towards that. Hopefully when the block reward gets reduced something can change towards the positive side. It's either mining operation will start to scatter around as more of these big miners decided to stop operation or become even worse when it is controlled by a single entity that have access to cheap power supply. But anyway, regardless, at least with bitcoin around it is still holds slight advantage compared with fiat.

kelsey

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Quote from: Hazir on April 16, 2015, 11:03:37 PM

Quote from: MicroGuy on April 16, 2015, 10:36:15 PM

Quote from: kelsey on April 13, 2015, 08:05:13 AM

i've been around this community a few years and i still don't get why anyone would chose bitcoin.

Drug dealers, cyber hackers, underworld hoodlums, and anonymous fraudsters will always need an efficient way to exchange/ransom money.

Bitcoin does an excellent job at providing that niche medium of exchange.

You are trolling right? I have enough of people claiming that bitcoin is only good for fraudsters, robbers, kidnappers, hackers and other crime oriented professions. Bitcoin is just a tool, just like knife or gun. Do you think that every gun should be banned because some killer can use it for murder? Normal FIATs (paper money) are untraceable and hard to track as well...

as this threads about bitcoin v other p2p options (and not v fiat), microguy has a point. not saying other successful alt wouldn't equally be used similarly, but bitcoin does (whether erroneously or not) have a bad reputation for being associated with crime; which is certainly a barrier to further adoption.

kelsey

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Quote from: Hazir on April 16, 2015, 09:35:00 PM

Quote from: kelsey on April 14, 2015, 07:46:43 AM

Quote from: Hazir on April 13, 2015, 06:12:25 PM

Quote from: kelsey on April 13, 2015, 05:00:18 PM

Quote from: dulldog on April 13, 2015, 11:35:47 AM

Quote from: kelsey on April 13, 2015, 08:05:13 AM

i've been around this community a few years and i still don't get why anyone would chose bitcoin.

don't get me wrong i believe in an alternative p2p currency, but to me bitcoin certainly doesn't cut it.

about the only answer people have is first mover advantage. but that's pretty much it.

bitcoin seems to, over time, be drifting more into a centralised system, core dev team where so few as 5 completely control the code, backed by what has come to light time and time again a very questionable central organisation.

have VC with their little startups jumping on board left right and center, and we know their goals Kiss

, bitcoin's heading more and more like being the bank product it was meant to be an alternative to Shocked

seems the only way to back bitcoin is keep your head it the sand and hope it'll all turn out good in the end........

Have you already found an alternative? Or it's just an concept/forecast by now?

well i think there is atleast one coin better the bitcoin, but this thread is more about the concept of looking elsewhere and not just being stuck in the bitcoin is best nothing could better it, mindset.

also having been behind the scenes in many a crypto, i've considered creating in my mind the ideal p2p currency, just many an issue i have with all current cryptos arent easy to solve.

So you asked us "Why bitcoin"? And I have another question for you. "If not the Bitcoin then what"? Are you telling us that the bitcoin is the dead end of evolution of cryptocurrency? Do you think we should abandon it and create some other coin now? Or do you think FIAT is enough and we don't need to bother ourselves with cryptocurrency at all?

well yes i kinda do get the feeling bitcoin is a dead end road, i like the idea of a decentralised p2p currency, definitely.

i think if you read up about bitcoin and the theories and the hype from the core crypto nerds and the would be new world bankers with vc backing, there's a bit of an initial wow, great concept.

then you try to use it, investigate a little more how it solves some of the problems it tries to address, then the sparkle goes a way.

i think fiat certainly aint the way forward, and the current system is kept alive because of the fear of what would happen (at this point in time) if the system failed.

i think we should certainly investigate better ways to solve many of the flaws in bitcoin.

the alt community should be doing this but the crypto faithful in it are too stuck in how bitcoin does it mindset, and have a tendency to further complicate the solutions, and the not so faithful flood it with get rich quick scamcoins.

So you admit it yourself that bitcoin is indeed the best option we could have for now. I can see that you are trying to say that FIATs are relicts of the past. Altcoins in general are distraction and wasting time for something what will probably fail in the long run or will be very hard to 'put through' (as great number of them failed already are in the process of failing). And our really one and only option is to focus on perfecting bitcoin...

well you're interpreting what i am saying wrong. i'm know there alts that are better then bitcoin even as we speak, certainly they are not perfect but a few are certainly an improvement on bitcoin.

as i've been saying bitcoiners are too blinked in thinking bitcoin is the only way, so in essence, for p2p currencies to move closer to ideal its bitcoin that is the distraction, and the cryptocommunities obsession with this extremely flawed approach is bad for the future of alt currencies.

i'd certainly agree the alts section here is flooded with scams and crapcoins and thats a distraction as well.

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Quote from: MicroGuy on April 16, 2015, 10:36:15 PM

Quote from: kelsey on April 13, 2015, 08:05:13 AM

i've been around this community a few years and i still don't get why anyone would chose bitcoin.

Drug dealers, cyber hackers, underworld hoodlums, and anonymous fraudsters will always need an efficient way to exchange/ransom money.

Bitcoin does an excellent job at providing that niche medium of exchange.

You are trolling right? I have enough of people claiming that bitcoin is only good for fraudsters, robbers, kidnappers, hackers and other crime oriented professions. Bitcoin is just a tool, just like knife or gun. Do you think that every gun should be banned because some killer can use it for murder? Normal FIATs (paper money) are untraceable and hard to track as well...

MicroGuy

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Quote from: kelsey on April 13, 2015, 08:05:13 AM

i've been around this community a few years and i still don't get why anyone would chose bitcoin.

Drug dealers, cyber hackers, underworld hoodlums, and anonymous fraudsters will always need an efficient way to exchange/ransom money.

Bitcoin does an excellent job at providing that niche medium of exchange.

bitcool

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Live and enjoy experiments

Bitcoin is a unique experiment testing decentralized trust and other aspects of human behavior in a community/society setting. Nothing else like this existed before.