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Topic: Why Bitcoin? - page 4. (Read 438 times)

newbie
Activity: 16
Merit: 0
March 18, 2018, 02:38:57 PM
#6
Bitcoin tool that takes power away from corrupt governments and allows value to be transferred quickly and safely around the globe.  The funds are protected from confiscation and can only be controlled by the individual in possession of the private key.  Bitcoin will only become more necessary as governments around the world typically become extremely tyrannical before they collapse completely.

In addition, Bitcoin is the most trusted and used "Proof of Work" currency, which means value must be destroyed (in energy/computational time) in order to create them.  This makes it an inherently scarce commodity, similar to gold.  Bitcoin becomes more scarce over time as a smaller amount are created over years and have a hard upper limit on the number created.
sr. member
Activity: 490
Merit: 389
Do not trust the government
March 18, 2018, 02:35:02 PM
#5
Every other alternative to Bitcoin has it's serious drawbacks.
Gold is not digital, you can't send it across the world in matter of minutes.

Bitcoin is not just an investment, it is a form of payment, a currency.
There is no currency that is decentralized like Bitcoin.
Fiat currency is constantly being printed by governments, losing it's value.
Bitcoin has a very strict monetary policy, built into the protocol itself.

Big reason why people like Bitcoin is because it is decentralized and no one can take it from you.
It has high level of security and privacy. Government would have a really hard time confiscating your bitcoins.
jr. member
Activity: 125
Merit: 1
March 18, 2018, 02:32:38 PM
#4
'couse 90% who have listened about cryptos, know only about Bitcoin
newbie
Activity: 84
Merit: 0
March 18, 2018, 02:30:32 PM
#3
Hello everyone! im here to Talk you about your experience with Bitcoin.

Would you please tell me, Why Bitcoin? Why not invest Gold, property or etc? Please tell me because i just a newbie, Give me a reason.
because the world is following a new fashion of new technologies, bitcoin is the most worthwhile, and it is profitable!
member
Activity: 223
Merit: 11
March 18, 2018, 02:29:59 PM
#2
Bitcoin is the most widely accepted form of digital currency in the world today. Reputable institutions, retailers and investors are now involved in bitcoin trading. In the future, there is a very high likelihood that bitcoin will replace the normal paper currency.
newbie
Activity: 112
Merit: 0
March 18, 2018, 02:19:12 PM
#1
Hello everyone! im here to Talk you about your experience with Bitcoin.

Would you please tell me, Why Bitcoin? Why not invest Gold, property or etc? Please tell me because i just a newbie, Give me a reason.
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