It is indeed a very very bad idea to buy things using bitcoin instead of other currency.
It is never a good idea to spend bitcoin to buy your daily groceries or mobile recharge. Bitcoin should be considered as an alternate investment option.
If you are using bitcoin to buy daily groceries, then you are loosing a big opportunity to become rich.
Topic: Why it is better to buy things with Bitcoins rather than another currency? - page 4. (Read 2553 times)
June 25, 2016, 02:12:11 PM
June 25, 2016, 02:05:52 PM
Pay with Bitcoin out of respect for yourself, who you trade with, and respect for everyone else. Why?
Central bank money is created from public debt. For every dollar in existence, there is a dollar of US national debt, which translates to the tax burden the public are expected to pay.
And when you add to that picture the fact that the Federal Reserve applies interest to the debt, and you have the biggest scam of all time. The money to pay the interest doesn't exist yet, and so the debt is unpayable and perpetual. Why do you think the debt instruments the Federal Reserve issues to create dollars are called "bonds"? lol. It's a smarter scam than monotheism, and that one worked for a few thousand years.
That's why you should use Bitcoin and refuse debt-money: debt-money dollars/euros etc issued by central bankers puts everyone everywhere on the hook for an unpayable conveyor belt of debt.
Stop it. Yes, you.
Central bank money is created from public debt. For every dollar in existence, there is a dollar of US national debt, which translates to the tax burden the public are expected to pay.
And when you add to that picture the fact that the Federal Reserve applies interest to the debt, and you have the biggest scam of all time. The money to pay the interest doesn't exist yet, and so the debt is unpayable and perpetual. Why do you think the debt instruments the Federal Reserve issues to create dollars are called "bonds"? lol. It's a smarter scam than monotheism, and that one worked for a few thousand years.
That's why you should use Bitcoin and refuse debt-money: debt-money dollars/euros etc issued by central bankers puts everyone everywhere on the hook for an unpayable conveyor belt of debt.
Stop it. Yes, you.
June 25, 2016, 02:04:16 PM
Unfortunately ive given up on the whole bitcoin as a currency thing ever since this blocksize debate, i know we have segwith on the way or implemented in the next update but ive accepted that bitcoin isnt going to be a currency to buy things with. What it is good at is being a store of value much like gold but better. And as a store of value i would expect the price to rise with demand as a good investment.
June 25, 2016, 01:48:47 PM
Bitcoin has lots of more advantage than being fast. It is decentralized so getting ban for holding huge amount of money is not a problem, as well as no charge backs problem, no any trace back from transactions, proper security and easy to use api with bitpay if you don't like price volatility.
June 25, 2016, 01:42:57 PM
my personal experience is that in present time bitcoin is the most stable currency than any othe crypto currency. its rate is high than any other currency and in present time most of the people are investing their investment here in bitcoin . so we can say that in present time it is better to buy things in bitcions rathertan any other currency. i think the second reason is that it is a universal currency mean that you can do trading easily in all over the world without changing your currency in a local currency.
June 25, 2016, 01:16:08 PM
I still don't prefer to buy anything with bitcoin as I am saving my coins for the future and will spend when its worth is more, and at a moment credit card is the best to buy anything either online or offline.
June 25, 2016, 01:15:19 PM
because if you buy a bitcoin, it would be very easy to make a profit from it. even if you're just storing your bitcoin in a long time, you can sell when prices rise and benefit
June 25, 2016, 01:08:54 PM
I do not see what differentiates other currencies with Bitcoin me, even that one can lose money due to price changes.
Since most businesses that accept Bitcoin give a higher price, saying that most people do not see the exchange rate before buying.
I know that the advantage of Bitcoin is that everyone can use it, it has quite fast transactions, and often very low cost.
So, I want to know why Bitcoin is better than other currencies?
as you mentionde above,fast transaction and secure transaction become a major benefit for using bitcoin than other currency,its will more appear if we use bitcoin as online payment,more fast and reliable,please dont mention about confirmation transaction,its different,and i think not yet resolved.Since most businesses that accept Bitcoin give a higher price, saying that most people do not see the exchange rate before buying.
I know that the advantage of Bitcoin is that everyone can use it, it has quite fast transactions, and often very low cost.
So, I want to know why Bitcoin is better than other currencies?
June 25, 2016, 12:54:00 PM
I do not see what differentiates other currencies with Bitcoin me, even that one can lose money due to price changes.
Since most businesses that accept Bitcoin give a higher price, saying that most people do not see the exchange rate before buying.
I know that the advantage of Bitcoin is that everyone can use it, it has quite fast transactions, and often very low cost.
So, I want to know why Bitcoin is better than other currencies?
Since most businesses that accept Bitcoin give a higher price, saying that most people do not see the exchange rate before buying.
I know that the advantage of Bitcoin is that everyone can use it, it has quite fast transactions, and often very low cost.
So, I want to know why Bitcoin is better than other currencies?
Bitcoin is better because anybody can start accepting Bitcoin from anybody around the world, no regulations needed. No other currency allows this, if you want accept dollars you need eigher paypal or dollar bank account, and in many places around the globe your out of your luck.
About price volitality - you see one if you doing currency exchanges, be it EUR to USD or USD to Bitcoin. Because most merchants convert Bitcoin to USD immediatelly, you really see huge price volitality. But the point is just use one currency worldwide to dont have such conversion rates, and Bitcoin is the most likely candinate for future, especially because it is not tied to one government which EUR, USD and other currencies are - thus EUR, USD or other currencies can hardly to be used worldwide in trustless manner by everybody.
June 25, 2016, 12:50:22 PM
It's not really the best, it's just the gold standard in Crypto Currency so everybody uses it.
BitCoin is slow (Compared to those currencies with like 10 second blocks).
But because everybody develops for it, and it's the most widely used, it's so far the best.
BitCoin is slow (Compared to those currencies with like 10 second blocks).
But because everybody develops for it, and it's the most widely used, it's so far the best.
June 25, 2016, 12:48:26 PM
I think there are many sites that offers good discount if you purchase with bitcoins which can benefit us and also save our money, its not possible with other currencies.
Good point, too. I like that I can buy digital goods like Steam games on discount with Bitcoin. June 25, 2016, 12:45:55 PM
I think there are many sites that offers good discount if you purchase with bitcoins which can benefit us and also save our money, its not possible with other currencies.
June 25, 2016, 12:43:44 PM
Bitcoin is the first digital currency which can be used to get the advantage of incredible, you know that the price increase and decrease of bitcoin are uncertain, and it is also a system that offered much better than other currency (low-cost, fast, transparent transactions, secure, etc.). So that's a difference that you can know
June 25, 2016, 12:42:44 PM
I do not see what differentiates other currencies with Bitcoin me, even that one can lose money due to price changes.
Since most businesses that accept Bitcoin give a higher price, saying that most people do not see the exchange rate before buying.
I know that the advantage of Bitcoin is that everyone can use it, it has quite fast transactions, and often very low cost.
So, I want to know why Bitcoin is better than other currencies?
Since most businesses that accept Bitcoin give a higher price, saying that most people do not see the exchange rate before buying.
I know that the advantage of Bitcoin is that everyone can use it, it has quite fast transactions, and often very low cost.
So, I want to know why Bitcoin is better than other currencies?
Not often but most of the time the transaction fees are low comparing with banks, unless you make a big mistake by putting lots of bitcoin in transaction fees as we have seen in the past, using bitcoin is better because it is easy to use and people who accept bitcoin not always accept also another currency.
June 25, 2016, 12:41:25 PM
Like you have said, it's much faster, cheaper and available for everyone(not for some countries). I also like it because if you are i a poor country you can use Bitcoin instead of PayPal and similar stuff. And it is easy to earn, you can earn money just here, in this forum.
Probably the only downside is that not much shops accept Bitcoin. But that will maybe change in the future.
Bitcoin is available in all coutries right? even if the government blocks Bitcoin, VPN and it's done.Probably the only downside is that not much shops accept Bitcoin. But that will maybe change in the future.
Yes, and paypal accounts can be blocked, and require a credit card to verify them.
There are not many shops that accept Bitcoin, but there are still websites.
Yes, but there are more internet shops that accept PayPal and other.
Yes, nowadays almost all online stores accept PayPal as payment method.
June 25, 2016, 12:39:37 PM
there are many reasons to use bitcoin and some of them are important to me:
1) it is easy to use
2) it has very low amount of fees
3) most important: i can do it myself, i don't have to open up an account with a payment processor like paypal and give them all my personal information.
1) it is easy to use
2) it has very low amount of fees
3) most important: i can do it myself, i don't have to open up an account with a payment processor like paypal and give them all my personal information.
June 25, 2016, 12:38:40 PM
Like you have said, it's much faster, cheaper and available for everyone(not for some countries). I also like it because if you are i a poor country you can use Bitcoin instead of PayPal and similar stuff. And it is easy to earn, you can earn money just here, in this forum.
Probably the only downside is that not much shops accept Bitcoin. But that will maybe change in the future.
Bitcoin is available in all coutries right? even if the government blocks Bitcoin, VPN and it's done.Probably the only downside is that not much shops accept Bitcoin. But that will maybe change in the future.
Yes, and paypal accounts can be blocked, and require a credit card to verify them.
There are not many shops that accept Bitcoin, but there are still websites.
Yes, but there are more internet shops that accept PayPal and other.
Yes, nowadays almost all online stores accept PayPal as payment method.
June 25, 2016, 12:36:04 PM
Like you have said, it's much faster, cheaper and available for everyone(not for some countries). I also like it because if you are i a poor country you can use Bitcoin instead of PayPal and similar stuff. And it is easy to earn, you can earn money just here, in this forum.
Probably the only downside is that not much shops accept Bitcoin. But that will maybe change in the future.
Bitcoin is available in all coutries right? even if the government blocks Bitcoin, VPN and it's done.Probably the only downside is that not much shops accept Bitcoin. But that will maybe change in the future.
Yes, and paypal accounts can be blocked, and require a credit card to verify them.
There are not many shops that accept Bitcoin, but there are still websites.
1. You can use bitcoin anytime and anywhere, so we can say that bitcoin is global currency. Some government hate bitcoin though.
2. There are some way to prevent your paypal account from being blocked if you know the way, also credit cards to verify something can be manipulated with virtual credit/debit card.
3. That's true, but with bitcoin debit card. You can spend your bitcoin at most places even though 3rd party and they apply fees.
June 25, 2016, 12:34:35 PM
Like you have said, it's much faster, cheaper and available for everyone(not for some countries). I also like it because if you are i a poor country you can use Bitcoin instead of PayPal and similar stuff. And it is easy to earn, you can earn money just here, in this forum.
Probably the only downside is that not much shops accept Bitcoin. But that will maybe change in the future.
Bitcoin is available in all coutries right? even if the government blocks Bitcoin, VPN and it's done.Probably the only downside is that not much shops accept Bitcoin. But that will maybe change in the future.
Yes, and paypal accounts can be blocked, and require a credit card to verify them.
There are not many shops that accept Bitcoin, but there are still websites.
Yes, but there are more internet shops that accept PayPal and other.
June 25, 2016, 12:23:37 PM
Like you have said, it's much faster, cheaper and available for everyone(not for some countries). I also like it because if you are i a poor country you can use Bitcoin instead of PayPal and similar stuff. And it is easy to earn, you can earn money just here, in this forum.
Probably the only downside is that not much shops accept Bitcoin. But that will maybe change in the future.
Bitcoin is available in all coutries right? even if the government blocks Bitcoin, VPN and it's done.Probably the only downside is that not much shops accept Bitcoin. But that will maybe change in the future.
Yes, and paypal accounts can be blocked, and require a credit card to verify them.
There are not many shops that accept Bitcoin, but there are still websites.
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