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Topic: Why do you use Bitcoins? (Read 4119 times)

newbie
Activity: 5
Merit: 0
July 22, 2012, 04:46:37 PM
#60
I'm particularly interested in the alternative value structure of the bitcoin universe.  Though I'm fully aware that the USD or other internationally used (and state supported) currency took its initial value as being inherently related to some non-material value of gold, it seems that the precious metals model still exists in the layman thinking of where the value on money comes from.  Bitcoin presents what appears to be an entirely different value source, from computer labor, which allows for an interesting competitive twist, especially as the capital costs to gain entry to the "mine" are relatively low.

Aside from the theoretical interest, a non-authoritative and seemingly fraud proof currency that has the potential for near total anonymity could facilitate larger world processes than just circulation of a new currency is something that I'm not just going to brush aside without a first-hand look at the inside.
newbie
Activity: 5
Merit: 0
July 22, 2012, 03:38:00 PM
#59
1. No fees or regulations by a 3rd party
2. Interesting options for the latent trader wanna-be in me
3. If it catches on, I would be highly supportive of this.
4. It's geeky

I just wish that I could use all of my IRL time to chase this and read everything and play in all the fields. But real life calls, and is what is currently funding my BTC interest.
newbie
Activity: 7
Merit: 0
July 22, 2012, 12:26:27 PM
#58
it's easy to send money around the world  Cool
hero member
Activity: 526
Merit: 500
July 22, 2012, 01:13:53 AM
#57
To thwart the central banksters plans.
newbie
Activity: 8
Merit: 0
July 21, 2012, 12:10:38 PM
#56
I use bitcoins to allow an alternative low-fee transaction on my website...

Because paypal is evil.
newbie
Activity: 6
Merit: 0
July 21, 2012, 06:52:05 AM
#55
I use bitcoins mainly for silkroad
newbie
Activity: 18
Merit: 0
July 20, 2012, 11:03:07 PM
#54
Seems that having a (potentially) anonymous, decentralised currency makes for a better world. Sounds good to me.
full member
Activity: 160
Merit: 100
July 20, 2012, 07:55:08 PM
#53
At first I thought it was because of the crypto stuff, the excitement of the market, or anarcho-capitalism. But this guy explains it better than I do http://suitpossum.blogspot.co.uk/2012/06/block-chain-of-infinite-mystery-what.html
sr. member
Activity: 277
Merit: 250
July 20, 2012, 07:41:56 PM
#52
It's much more efficient than using fiat currency. And of course, the anonymity Bitcoin offers is always a plus. Wink
member
Activity: 117
Merit: 10
July 20, 2012, 07:33:40 PM
#51
Money.
donator
Activity: 994
Merit: 1000
July 20, 2012, 06:57:34 PM
#50
24/7 irreversible payment processing at minimal cost within minutes to hours.
Don't know of any other payment system which can achieve that feat online.
newbie
Activity: 39
Merit: 0
July 20, 2012, 06:47:25 PM
#49
Nothing right now, just savings them up, and buying some to bide my time. My personal opinion is that physical currency can't survive in a digital age, and BC's have survived long enough to possibly survive for the next decade.
member
Activity: 69
Merit: 10
Making Sense of Things
July 20, 2012, 04:55:19 PM
#48
I use BTC because its simple, practical, and I think will be around for a long time.
legendary
Activity: 2506
Merit: 1010
July 20, 2012, 02:24:01 AM
#47
As a bookend to this thread, more of this subject here:
 - https://bitcointalksearch.org/topic/what-do-you-use-your-btc-for-mostly-94227
newbie
Activity: 6
Merit: 0
June 14, 2012, 10:55:48 AM
#46
Anonymity is extremely important in a world that seems to become more Orwellian every day
newbie
Activity: 23
Merit: 0
June 13, 2012, 10:39:35 PM
#45
Pragmatism:

     1.  Efficiency.  Transactions that wouldn't have been worthwhile, now are.
     2.  Versatility.  I can afford to transfer funds in ways that would have been nearly impossible with previous methods.

Intellectual Curiosity

Ideology
sr. member
Activity: 373
Merit: 250
June 12, 2012, 09:59:42 AM
#44
I use bitcoins due to it's deflationary aspect and well thought out system of currency.  It is unlike any others and to jump into something different is quite fascinating.

Mining is another thing.  Due to its decentralization aspect I can also print my own money in this currency.  That's another factor to put in.  The people can shape the currency without any government intervention.  In this way, people have freedom to what they want with this currency.
legendary
Activity: 1014
Merit: 1003
VIS ET LIBERTAS
June 12, 2012, 08:23:17 AM
#43
I use it to contribute to a better world  Cool
newbie
Activity: 27
Merit: 0
June 12, 2012, 07:55:16 AM
#42
I use them because I'm a nerd.
legendary
Activity: 1176
Merit: 1011
June 12, 2012, 04:06:45 AM
#41
I like bitcoins because they are shiny !  Tongue
I fully agree, sir. Best reason so far Grin
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