Why is Bitcoin better that fiat? | Bitcointalksearch.org

azguard

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Quote from: avw1982 on January 05, 2016, 11:57:47 PM

Quote from: knowhow on January 04, 2016, 03:16:11 PM

The big fact that bringed several investors into bitcoin,were the big volatility,it can loose and gain value very fast,soo a cash machine.I love fiat as is my main income and resorce,bitcoin todays isnt prepared to compete,and wont never be able to do that,fiat is fiat bitcoin has several markets to fill but wont remove never fiat.

Who said bitcoin can compete fiat or gold. It is already adapted by many companies like Dell, Apple, Amazon and Etc... Due to many adaption Bitcoin wealth is going in a healthy way. Price of bitcoin also growing consistently. We can't say bitcoin will not replace fiat. It will make revolution is Business commodity world Very soon.

it might not replace fiat but will be replacement for internet purchase and online betting maybe
cuz BTC is the future

avw1982

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Quote from: knowhow on January 04, 2016, 03:16:11 PM

The big fact that bringed several investors into bitcoin,were the big volatility,it can loose and gain value very fast,soo a cash machine.I love fiat as is my main income and resorce,bitcoin todays isnt prepared to compete,and wont never be able to do that,fiat is fiat bitcoin has several markets to fill but wont remove never fiat.

Who said bitcoin can compete fiat or gold. It is already adapted by many companies like Dell, Apple, Amazon and Etc... Due to many adaption Bitcoin wealth is going in a healthy way. Price of bitcoin also growing consistently. We can't say bitcoin will not replace fiat. It will make revolution is Business commodity world Very soon.

owm123

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Quote from: phreaky on January 05, 2016, 06:05:15 PM

My main reason to use bitcoin is the low fees. In the end everybody cares about money.

And yes let's face it, you can save a lot of money by switching from fiat to bitcoin.

What about exchange fees? Like 99.99% of people are not being payed with btc, so they have to buy bitcoins from someone, for a small fee off course. If they use exchange, they usually have to provide identify documents to be able to use them on top of the fees. When they transact with btc, they have to wait for 10 min or more for confirmation. Withdrawing btc or fiat form exchanges take time as well. For many the hassle with all this, diminishes the value of the "low fees". And all these things take time. So that's why btc is not commonly used in everyday life after 6 years of its existence.

martinacar

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Bitcoin is the preferred currency since it is global without using anything else.
A true 21th century currency

The world has become global, and with that we need bitcoin.

phreaky

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My main reason to use bitcoin is the low fees. In the end everybody cares about money.

And yes let's face it, you can save a lot of money by switching from fiat to bitcoin.

newcoins1978

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Quote from: jt byte on January 05, 2016, 08:09:28 AM

Quote from: safari88 on January 04, 2016, 01:11:39 PM

because bitcoin :

1.Free to Transfer and Hold
2.Freedom to Transact
3.Easy to Use
4.Fast Transfers
5.No Chargeback Risk
6.Durable
7.Portable
8.LOW fee

Let me add 1 major point to that which is very important to me.

With bitcoin I have full control over my money. If I want to pay someone like 10K i don't have to call my bank to iniatiate of accept a transfer.
For me that's the best thing to use bitcoin.

I think this sums it up, this thread can be closed now Wink

On the other hand bitcoin is nice because it's innovation. And innovation is the future.

BowYang

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I also like it for the low fees it provides. It is also very easy to pay, because you have a wallet, just like paying with your physical wallet in the real world.

safari88

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Quote from: pocarime32 on January 05, 2016, 02:01:19 AM

Quote from: safari88 on January 04, 2016, 01:11:39 PM

because bitcoin :

1.Free to Transfer and Hold
2.Freedom to Transact
3.Easy to Use
4.Fast Transfers
5.No Chargeback Risk
6.Durable
7.Portable
8.LOW fee

Totally agree with you. especially point 3 and 8. bitcoin is really easy to use, you only need internet and you can save your bitcoin in online wallet. and the fee also small imo.

yes and especially the portable we can send anytime, anywhere. and our bank is our mobile phones Cheesy

jt byte

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Quote from: safari88 on January 04, 2016, 01:11:39 PM

because bitcoin :

1.Free to Transfer and Hold
2.Freedom to Transact
3.Easy to Use
4.Fast Transfers
5.No Chargeback Risk
6.Durable
7.Portable
8.LOW fee

Let me add 1 major point to that which is very important to me.

With bitcoin I have full control over my money. If I want to pay someone like 10K i don't have to call my bank to iniatiate of accept a transfer.
For me that's the best thing to use bitcoin.

owm123

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Quote from: shane on January 05, 2016, 01:42:51 AM

Quote from: owm123 on January 04, 2016, 06:50:13 PM

Quote from: shane on October 14, 2015, 09:12:47 PM

bitcoin is faster, bitcoin is "free money"
you can produce bitcoin and you can't produce "cash money"

bitcoin is anonimity

Not really. Bitcoin is not anonymous: http://www.bitcoinisnotanonymous.com/

okey so must i use monero, dash, bytecoin to get anonymous transaction ?
and then,, i sell my altcoin to bitcoin again Huh

You can use bitcoin, just you use it properly if you care about anonymity. There are many guides how to make your bitcoins more anonymous. Some links are on the linked website from the quote about this.

Proxiebuier

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not ID card requirement for sign up,and very simple to register , very easy to use it..

ATguy

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Quote from: shane on January 05, 2016, 01:54:36 AM

Quote from: langedwig on January 05, 2016, 01:46:27 AM

It is better because there no stress of going to your banks and sending money in case of bitcoins. Sit at home , click a button and send any payment.

so you think it's only bitcoin can send from anywhere ?
you can use internet banking service , you can sit at home and click a button to send any payment too Undecided

Iam use mobile banking too to send from my phone..

Thats fair, as long as you dont need to make payments/purchases/transfers to outside of your country. Then you realize Bitcoin is much better than fiat.

azguard

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Quote from: ?? on ??

bitcoin we dont have to give any details about ourself, transaction charges are less and some exchanges give you free of charge transactions and high level security system, Grin

main reason this is other is that fee is always same do you or anybody transfer 1 btc or 100 btc i can say it for fiat that have this

Brad Pitt

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The two main reasons for me are it's decentralized nature and the fact that it can't be censored. Processors like Paypal and Visa/Mastercard etc regularly block users or businesses they don't like and with bitcoin it still gives those users an option. In fact, the more people those companies block the better for bitcoin as they often turn to accepting it as its one of the only ways they can continue their business.

pocarime32

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Quote from: safari88 on January 04, 2016, 01:11:39 PM

because bitcoin :

1.Free to Transfer and Hold
2.Freedom to Transact
3.Easy to Use
4.Fast Transfers
5.No Chargeback Risk
6.Durable
7.Portable
8.LOW fee

Totally agree with you. especially point 3 and 8. bitcoin is really easy to use, you only need internet and you can save your bitcoin in online wallet. and the fee also small imo.

shane

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Quote from: langedwig on January 05, 2016, 01:46:27 AM

It is better because there no stress of going to your banks and sending money in case of bitcoins. Sit at home , click a button and send any payment.

so you think it's only bitcoin can send from anywhere ?
you can use internet banking service , you can sit at home and click a button to send any payment too Undecided

Iam use mobile banking too to send from my phone..

langedwig

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It is better because there no stress of going to your banks and sending money in case of bitcoins. Sit at home , click a button and send any payment.

Windpower

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It is just much better. There is no explanation needed.

shane

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Quote from: owm123 on January 04, 2016, 06:50:13 PM

Quote from: shane on October 14, 2015, 09:12:47 PM

bitcoin is faster, bitcoin is "free money"
you can produce bitcoin and you can't produce "cash money"

bitcoin is anonimity

Not really. Bitcoin is not anonymous: http://www.bitcoinisnotanonymous.com/

okey so must i use monero, dash, bytecoin to get anonymous transaction ?
and then,, i sell my altcoin to bitcoin again Huh

owm123

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Quote from: shane on October 14, 2015, 09:12:47 PM

bitcoin is faster, bitcoin is "free money"
you can produce bitcoin and you can't produce "cash money"

bitcoin is anonimity

Not really. Bitcoin is not anonymous: http://www.bitcoinisnotanonymous.com/

Topic: Why is Bitcoin better that fiat? (Read 7968 times)