Why do we need bitcoin in the modern world? - page 9.

White Christmas

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★Bitvest.io★ Play Plinko or Invest!

Quote from: kingpin4321 on December 04, 2018, 02:00:00 PM

From the title I was thinking this is a question that probably needs an answers but the post itself was far from that.

Well if I must add the world is fast evolving and individuals are always craving for new things, technology, fashion ideas and so much more

Bitcoin is sure not going to save the world but it would be helpful In making transactions more stress free, affordable and within a short time

The world is becoming more modern which we need to adopt and adjust for it. New technologies arises and we cant stop it because we are developing what we have now for the better future. We need bitcoin in this modern world because peopler are more close to technology. They spent more of they time on it. Which will be more easily for them especially when they want to pay through cashless method.

Moreira

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For me its all about avoid beeing manipulated by many superior organizations!

self love sisters

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We need bitcoin and cryptocurrency in the modern world because the most transaction is made through online right now. What we need in the next 10 years is a cashless society which you don't need a middleman (banks) to transact online. Security and adaptation might be the problem right now but give it some time to cope up. Let's say crypto is the internet of our era today. There's might be a lot of uncertainty but it will be all worth it someday.

enjotan

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Because the world is getting more modern and advanced, and we are not likely to use an outdated and ineffective way of transactions, we need new innovations in transactions and Bitcoin presents it, Bitcoin comes with new innovations and is very useful.

ict

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more precisely we need a digital currency that can support all of our financial activities. not only bitcoin, all crypto currencies are very necessary for all financial activities. so that all economic actors will be facilitated and facilitated in dealing with anyone.

Crypto24hrs

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Everyone on earth need absolute freedom but how can you get such a freedom when we are under the bondage of banks and paper currency, we need digital currency (BITCOIN) to achieve absolute freedom the dream of everyone.

Finestream

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Quote from: rudox on December 06, 2018, 05:14:33 AM

We need innovation in every aspect of life and the financial aspect also included. If cryptocurrency can bring that innovation in financial transactions then why can't we adopt such and benefit from what it can bring to the table. Cryptocurrency is fast and saves both time and money as there will be no third party whose interest must be paid.

I agree.With the presence of cryptocurrency particularly bitcoin,i think it will be the start of transparency in financial transactions especially in the government system.Bitcoin will be more beneficial on the side of the users and even holders which is very opposite from the vision of fiat currencies which is solely controlled by the government alone.

Jcabudx

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Why we need bitcoin in modern world? Simply because we can buy or purchase anything even the seller between the buyer is too far they can transact each other by paying using bitcoin.

Hivalley

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Quote from: Jennifer.mathew731 on December 06, 2018, 04:32:14 AM

You have a bank on a $20 cell phone. The 2 billion unbanked population needs Bitcoin.

The bitcoins doesn't solve the problems we face with our banking system,the bitcoin wasn't created to block the loopholes or shortcomings of our banking system,you definitely can't keep fiat currencies on your wallet and each and everyone of us makes use of them,the more reason why banks are indispensable
What the blockchain technology and the bitcoin does is put control in our palms as we can facilitate cryptocurrency transactions without any third party interference
Thus the individuals and users on this platform alone can influence the bitcoin,as you alone control your assets,at least until it's converted to Fiat currencies

rudox

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We need innovation in every aspect of life and the financial aspect also included. If cryptocurrency can bring that innovation in financial transactions then why can't we adopt such and benefit from what it can bring to the table. Cryptocurrency is fast and saves both time and money as there will be no third party whose interest must be paid.

Jennifer.mathew731

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We need bitcoin because
1. It is not backed / controlled / manipulated by any centralized entity.
2. It is feasible to do a trade between two parties anonymously
3.One world, One currency.
4.A cryptocurrency purpose is to enable someone to become their own bank.
5.Internet brought freedom to knowledge while Bitcoin will bring freedom to financial world.
6.There are 2 billion people in the world who don't have access to a bank account. Banks don't serve them because the infrastructure is too expensive and it's not profitable to build operations there. Bitcoin solves that. You have a bank on a $20 cell phone. The 2 billion unbanked population needs Bitcoin.

mklost

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Bitcoin is only a digital alternative currency rather than it is a new innovation to explore a new era for the people who love to create thier passion for life. Bitcoin gives us a huge opportunity for making life easy and comfortable by doing business with bitcoin. It can remove monopoly attitude it changes a lot in the transaction system.

JRoa

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Quote from: strannik1998187 on December 04, 2018, 12:59:21 PM

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.

Our payment system is now too slow, we need bitcoin in our modern world for development and improvement. Our life can be easier through patronizing blockchain technology.

gesdan

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in the past, I read the new in here that BMW can receive bitcoin as the payment system, so I think we can see that in the future big company like BMW and big real estate company will receive bitcoin and cryptocurrency as the payment system

SpectreSecurity

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Efficient, fast, cheap!

Lomberjack

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Because it really helps us in our life. Every user and every investors benefit from it that made their life wealthy. The poor before becomes rich and it's just ahocking that bitcoin made that.

ardhigalau

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Yes of course we really need it, while prices are still cheap, buy some for future assets. Bitcoin is feasible for this modern world.

guybrushthreepwood

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We need something that doesn't rely on third parties or banks to issue and transact with it so they or the powers that be can't meddle or censor the people who use it who they don't like. It doesn't necessarily have to be bitcoin either, but since it has been invented I think there will always be decentralized currency in some form or another and even many fiat currencies will likely become digital in the future with their own blockchains -- but they will likely still be centralized and issued by a central bank which would certainly defeat the original purpose of bitcoin but there's nothing we can do about that other than keep using the currencies we believe in.

I also think there is a real need for a worldwide or border-less currency and bitcoin -- or something like it -- would be a good candidate for that.

EdenHazard

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This time is digital era, everyone will only be fixated on the smartphone they have or a laptop that they have. Likewise with the payment system or an investment place, there are many payment systems that use digital forms and investment places arranged by individuals so that they can manage their own investments.

Buttermellow

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Bitcoin for would be needed if it will be adapted into a new oayment scheme with a twist like the volatility of its market price plus the trading system like stock market. However, for now it is different for it has not yet been approved by other countries and it has a lot of issue like scam. Probably bitcoin now is scam and forever it will be unless if team wi find a way to promote bitcoin for the welfare and cmfort of its use (user friendly)

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