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Topic: Why do we need bitcoin in the modern world? - page 7. (Read 2173 times)

sr. member
Activity: 868
Merit: 257
December 11, 2018, 07:42:57 AM
Modern World means all technologies are already advance so in terms of currency we also need to advance so having cryptocurrency such as bitcoin, Ethereum and many more we can really have fast transaction so I think it is a valid reason why we need it in modern world.
member
Activity: 336
Merit: 10
December 11, 2018, 06:33:48 AM
Well in a highly advanced world which is growing rapidly and so many people making transactions daily we need a system which can help conduct transactions as fast as possible and i believe the blockchain technology which has helped in generating cryptocurrencies is the solution. Bitcoin is a cryptocurrency and could be used for such purpose.
member
Activity: 546
Merit: 10
December 11, 2018, 04:51:10 AM
#99
If Bitcoin would not be so volatile, many have already used it. But people are afraid to buy Bitcoin because of its variability.
full member
Activity: 686
Merit: 104
December 11, 2018, 03:47:51 AM
#98
because by using a smartphone, we can do anything, payment or transfer abroad with Bitcoin. the process is very easy, just accessing the wallet, then scanning the QR code, complete. safe, and very easy is needed in this modern world.
sr. member
Activity: 1428
Merit: 358
December 11, 2018, 03:33:29 AM
#97
As a rule, citizens of Eastern countries and Europeans are interested in purchasing e-currency. For example, in Germany, you can legally buy real estate, paying the seller bitcoins. In Japan, you can have a good dinner in a restaurant, paying the bill with cryptocurrency. This is very convenient, because you do not need to have a lot of time and lose huge interest for the transaction. However, not everyone is in a hurry to spend their savings in this way, which are stored in the form of a digital currency. Most owners of bitcoins who buy coins from miners, deep down hope that the rate will rise unexpectedly and there will be an opportunity to sell crypto currency profitably. This is one way how to earn with bitcoins. Thus, many of those who bought the digital currency as soon as it began to gain popularity, were able to make a fortune.
There are some people who are entering the cryptocurrency market for profit. They are not focusing to what is the function and the uses of the bitcoin. They are only think thay bitcoin is for speculation. We should change that idea because bitcoin is not only for speculation,  it is also for solution for the problems in our society.
newbie
Activity: 84
Merit: 0
December 11, 2018, 03:08:59 AM
#96
The blockchain system has changed the World with the bitcoin and the cryptocurrency. Specially has changed our world who is in this market and forum. Decentralize system will change the World in good ways. Actually it has already begun. This will effect all market in the world in very positive ways too. The prices will go down in every market and people will be happy and richer.
In the modern world everything is digital, including the use of currencies. Therefore bitcoin will occupy an important position in the future, where everything is connected to the internet so that the whole world is united. Digital financial transactions will simplify and accelerate trade globally.
member
Activity: 420
Merit: 10
December 11, 2018, 12:08:17 AM
#95
The development of digital technology is expanding so that we need a blockchain world for this, this technology brings us to be more creative and critical in managing our finances without third-party intervention. Crypto provides our convenience and comfort in meeting our daily needs. In addition, we can use crypto and bitcoin as long-term investments and have a decent future to develop.
hero member
Activity: 826
Merit: 500
December 10, 2018, 10:58:13 PM
#94
People don't "need" bitcoin to pay for dinners and houses, or to make a profit.

People "need" Bitcoin to resist tyranny and oppression as it is an unstoppable tool of liberty.

how about people asking for the right time to buy and sell bitcoin, and they assume that bitcoin is a money-making or profit producer
the majority of them live for profit, and this mindset is very difficult to eliminate, because this world has been doctrined with money and money
sr. member
Activity: 574
Merit: 250
December 10, 2018, 10:19:13 PM
#93
In my opinion. we don't only need bitcoin but we also need other digital currencies in this modern era. currently needed digital currency that can support all our economic activities, so that it will facilitate our work, especially in the economic field. and now is the era of financial technology so that digital currencies can be used to transact.
member
Activity: 658
Merit: 10
Rangers Protocol
December 10, 2018, 10:10:51 PM
#92
If there will have a right time to buy more bitcoin at cheap price, maybe, I assumed that now is the right time to avail as much as you can with accordance to your budget. Big investors now who are master in crypto will collect bitcoin and some of the top crypto that dropping. They would not waste this right time to buy and sell when rise happens. Small investors now is still thinking what is better to do because of thinking what if I will invest then the market will drop more half from the price when bought. This market condition is still risky.
member
Activity: 784
Merit: 10
December 10, 2018, 09:21:24 PM
#91
We need it because it is an innovative way of investment in this era. I think that even unemployed person can take such part in this cryptocurrency investment.
newbie
Activity: 28
Merit: 3
December 10, 2018, 08:49:02 PM
#90
We need Bitcoin in the modern world because we are in a time where we need change. The standard economic system the world is in now being controlled and manipulated by banks needs to change. The poor are getting poorer and the rich are getting richer. Bitcoin is a chance for people break free from the shackles of the banks and have more financial freedom. It is desperately needed with the state that a few big countries are in. Some countries have almost no option but to give Bitcoin a shot due to the sheer disaster that their currencies are in. I personally see it as a well needed breath of fresh air. Smiley
sr. member
Activity: 490
Merit: 262
privacy preserving smart contracts and beyond
December 10, 2018, 06:25:00 PM
#89
I guess we need Bitcoin as an alternative to traditional economy system, banks and traditional ways of payment.
After numerous crisis that happened caused mainly by banks people wanted something to be changed, something that will not be centralized under one authority and prone to different manipulations.
In new digital era Bitcoin and cryptocurrency is something that is necessary and it's good to have choice and alternative.
Same reason, bitcoin offers something different when it comes to manipulation and the fiat currencies are more like to have fixed price range for years. For most people they also like that they are able to decide when and where to have profit in here, they are not totally in control but there is a chance to catch a bigger fish. It may not be that necessary (I think) but still, having invested in bitcoin and other cryptos are a good advantage.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
December 10, 2018, 03:06:41 AM
#88
I guess we need Bitcoin as an alternative to traditional economy system, banks and traditional ways of payment.
After numerous crisis that happened caused mainly by banks people wanted something to be changed, something that will not be centralized under one authority and prone to different manipulations.
In new digital era Bitcoin and cryptocurrency is something that is necessary and it's good to have choice and alternative.
newbie
Activity: 84
Merit: 0
December 10, 2018, 03:04:27 AM
#87
Because Morden world, Morden people are interested in using crypto currency instead of using Fiat paper money. So Bitcoin is urgently required in the future generations.
That's right, because the modern world is a digital world, where people want everything to be easy and fast. Bitcoin can do that, because the decentralized blockchain removes barriers that hinder financial transactions, such as banks or authorization from the central bank. BItcoin in a short time is able to carry out transactions between countries in minutes.
newbie
Activity: 1
Merit: 0
December 10, 2018, 02:55:50 AM
#86
I believe that we need bitcoin in the modern world because people tends to be practical, most specially in this fast pacing crypto world. Bitcoin is actually more effective and efficient to transfer money across borders. Several remittance already has started the use of this features. Transactions are easy, no hassles, no worries.
member
Activity: 700
Merit: 10
December 10, 2018, 02:40:02 AM
#85
I think we need bitcoin because right now we can make transaction with others people around the world with more faster, for that we need currency that fast too. Bitcoin do not need third party to verify our transaction and its peer to peer transaction.
member
Activity: 322
Merit: 11
🚀🚀 ATHERO.IO 🚀🚀
December 09, 2018, 09:53:03 PM
#84
In the modern days the technology is always upgrading ,there are many new technologies are launched and introduced so this technologies are mostly digital and this the bitcoin as a decentralized and digital currency are very fitted to this modern day era which are mostly in a digital forms of technologies.
copper member
Activity: 238
Merit: 1
Semi-Decentralized Exchange
December 09, 2018, 09:20:06 PM
#83
I think it is because bitcoin uses and offers a blockchain technology that is so timely for this modern world.
full member
Activity: 317
Merit: 110
December 09, 2018, 08:46:23 PM
#82
Bitcoin is our protection from corporate owned government fraud and theft.

So yes we need it.

Humanity has needed some fiscal honesty for a very long time.

Humanity is sick and tired of nearly 100 years of fiat funded war machine causing incalculable suffering.

Bitcoin is the way to withhold funds for the government war machines.

So yes we really freaking need it!
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