Topic: Why is Bitcoin better that fiat? - page 2. (Read 7968 times)
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.
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
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
This always comes pretty handy when you are trying to show someone why Bitcoin is the best form of money in the history of mankind:
The only reason Bitcoin isn't the 1# currency and store of value is because it lacks the marketing that violence backed currencies have. Gold has just centuries of existence and a huge network effect. Bitcoin is better money period, it's not even an argument.
The only reason Bitcoin isn't the 1# currency and store of value is because it lacks the marketing that violence backed currencies have. Gold has just centuries of existence and a huge network effect. Bitcoin is better money period, it's not even an argument.
dont agree on that table, bitcoin is not fungible!
it only feels fungible beacuse noone gives a fuck for now.
why should obviously tainted coins have the same value like non tainted coins?
why shouldnt coins from the frist block be much more valuable (a collectible) compared to others ?
bitcoin has all aspects of a collectible, because every coin is different (has different trx history). to be fungible would mean the opposite ofc
This will change in the future
http://insidebitcoins.com/news/reusable-payment-codes-could-make-blockchain-analysis-companies-obsolete/35899
For now I agree with you, right now it seems some people value "certain Bitcoins" more than others, but it's extremely rare, you will be hard pressed to be able to sell your Bitcoins for a higher value than market price unless they are super unique (not including Casacius coins).
Bitcoin is better than anything, because fees are so much lower and you can watch price of btc rise and seem to have more after a rise in
price than just plain old fiat, or worse, pay more for Western Union. I like when the rises in btc value rise largely over a day. There is risk
that it could fall, too, but holding it can really help in a few years/months.
Also, there are reloadable debit cards that you can instantly load with btc from your wallet. Just look for what is available for your country.
When you get one and use your btc balances to load them, you can use it at the local corner shop, even! Mabe you dont have conventional
cash or debit from the bank today and you have some btc to load onto the card? Get a few mbtc or so and load it into the card and you can
go get the milk, if you need and it is a scenario, like end of month.
price than just plain old fiat, or worse, pay more for Western Union. I like when the rises in btc value rise largely over a day. There is risk
that it could fall, too, but holding it can really help in a few years/months.
Also, there are reloadable debit cards that you can instantly load with btc from your wallet. Just look for what is available for your country.
When you get one and use your btc balances to load them, you can use it at the local corner shop, even! Mabe you dont have conventional
cash or debit from the bank today and you have some btc to load onto the card? Get a few mbtc or so and load it into the card and you can
go get the milk, if you need and it is a scenario, like end of month.
With regards to the fee, I absolutely agree as there is no other wallet that charges such a low fee for huge amounts whether it's an online allet like PayPal or Banks as well which have huge fee charged for WU and other transactions. Bitcoin debit cards are damn expensive and hence they cannot be compared to our debit/credit cards issued by banks.
Also the fact is fiat prices affect other things like petrol and inflation as well while bitcoin prices don't affect anything in real life.
perhaps best way is that you can transfer it anywhere anytime in matter of minutes from point A to point B
It's the case with fiat cash as well and you can transfer money form one bank to the other instantly via mobile banking. In fact, bitcoin wallets take time to credit a user depending on the miner's fee and the number of confirmations accepted which can take upto 1-2 hours at times.
I prefer bitcoin because it is faster and clean.
Fiat money isn't.
But let's be honest, bitcoin needs some improvements to beat fiat in the long run.
Fiat money isn't.
But let's be honest, bitcoin needs some improvements to beat fiat in the long run.
Bitcoin is better than anything, because fees are so much lower and you can watch price of btc rise and seem to have more after a rise in
price than just plain old fiat, or worse, pay more for Western Union. I like when the rises in btc value rise largely over a day. There is risk
that it could fall, too, but holding it can really help in a few years/months.
Also, there are reloadable debit cards that you can instantly load with btc from your wallet. Just look for what is available for your country.
When you get one and use your btc balances to load them, you can use it at the local corner shop, even! Mabe you dont have conventional
cash or debit from the bank today and you have some btc to load onto the card? Get a few mbtc or so and load it into the card and you can
go get the milk, if you need and it is a scenario, like end of month.
price than just plain old fiat, or worse, pay more for Western Union. I like when the rises in btc value rise largely over a day. There is risk
that it could fall, too, but holding it can really help in a few years/months.
Also, there are reloadable debit cards that you can instantly load with btc from your wallet. Just look for what is available for your country.
When you get one and use your btc balances to load them, you can use it at the local corner shop, even! Mabe you dont have conventional
cash or debit from the bank today and you have some btc to load onto the card? Get a few mbtc or so and load it into the card and you can
go get the milk, if you need and it is a scenario, like end of month.
Dont think bitcoin is the best comparison but I would say that Litecoin is better than fiat and bitcoin. Fast confirmations is all that matters.
For me, because I live in a third world country, earning bitcoin could help my daily life. Because bitcoin is based on Dollar, soo the price of bitcoin is very high here.
I can pay up my college, get some money to buy games, buy foods, buy some goodies etc.
I can pay up my college, get some money to buy games, buy foods, buy some goodies etc.
I like it because it is an easy way to pay online. When offline it is not better, because you have to wait 10 minutes, but online these 10 minutes do not matter that much. Also the fee for transaction is really lower than when paying with other payment processors.
Fiat doesn't let you be responsable of your own moeny which means it has a lot of implicit tradeoffs. With Bitcoin for the first time in human history you can be your own bank. This is just too big to deal with for some people, they just don't get what this really means.
Well, sure it does. Some of us have put some of our fiat savings into things like gold and bitcoin.
Bitcoin is great, but it is still a "beta" technology.... buggy and experimental. The idea of decentralized money is great, too -- and at the end of the day, I have to concede that there may someday be a decentralized ledger that surpasses bitcoin in adoption. But fiat, too, will always have its place as long as governments exist.... and anywhere where government is in control, fiat will be the principle form of money.
beause bitcoin is decentralized,, limited suply
after you see bitcoin documentary film :
bitcoin the end of money as we know it, you will open your mind about cyrptoworld
after you see bitcoin documentary film :
bitcoin the end of money as we know it, you will open your mind about cyrptoworld
I listed all the reasons I think Bitcoin is better than our current monetary system on my website.
perhaps best way is that you can transfer it anywhere anytime in matter of minutes from point A to point B
This always comes pretty handy when you are trying to show someone why Bitcoin is the best form of money in the history of mankind:
The only reason Bitcoin isn't the 1# currency and store of value is because it lacks the marketing that violence backed currencies have. Gold has just centuries of existence and a huge network effect. Bitcoin is better money period, it's not even an argument.
The only reason Bitcoin isn't the 1# currency and store of value is because it lacks the marketing that violence backed currencies have. Gold has just centuries of existence and a huge network effect. Bitcoin is better money period, it's not even an argument.
dont agree on that table, bitcoin is not fungible!
it only feels fungible beacuse noone gives a fuck for now.
why should obviously tainted coins have the same value like non tainted coins?
why shouldnt coins from the frist block be much more valuable (a collectible) compared to others ?
bitcoin has all aspects of a collectible, because every coin is different (has different trx history). to be fungible would mean the opposite ofc
Bitcoins is better than fiat because its anonymous ,no age limit and bitcoin is no goverment,
And also i like bitcoins because its easy to withdraw it without my personal information because i dont have any goverment id's
So its better for than you work in real life that you need to verify all your information before you can work.
And also i tried to earn in usd paypal but if i withdraw funds from my paypal it takes 3 to 7 days before i receive money
Than bitcoins . Because here in my country has ATM machine that you can withdraw it instantly.
And also i like bitcoins because its easy to withdraw it without my personal information because i dont have any goverment id's
So its better for than you work in real life that you need to verify all your information before you can work.
And also i tried to earn in usd paypal but if i withdraw funds from my paypal it takes 3 to 7 days before i receive money
Than bitcoins . Because here in my country has ATM machine that you can withdraw it instantly.
bitcoin is faster, bitcoin is "free money"
you can produce bitcoin and you can't produce "cash money"
bitcoin is anonimity
and if bitcoin better than fiat because of this, I think bitcoin different from fiat, and can't be compared. bitcoin might be compared to the dollar, or gold. you can produce bitcoin and you can't produce "cash money"
bitcoin is anonimity
Simply because bitcoin is decentralised and very convenient to use. The very low fees whenever sending bitcoins also made it better than fiat, especially when sending money overseas. And as a person that value my privacy, its "anonymous" feature is a big factor.
Fiat doesn't let you be responsable of your own moeny which means it has a lot of implicit tradeoffs. With Bitcoin for the first time in human history you can be your own bank. This is just too big to deal with for some people, they just don't get what this really means.
There are many reasons why Bitcoin is better than most things as I'm sure people will be able to tell. Bitcoin has revolutionized the way we think about money.
Yes, there are many reasons, but I feel not regulated by the Government while the fiat is regulated and we need to pay heavy taxes for each and every penny is the prime reason.
Bitcoins are a currency that anyone can own irrespective of their age, education and experience and if we compare the price stability and fluctuations, it is possible to double the money in just few months while in the case of fiat, we can only earn interest which is just 5-10% of it via banks.
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