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Topic: Why should people use Bitcoin? - page 131. (Read 122103 times)

legendary
Activity: 2982
Merit: 1028
June 22, 2017, 10:31:42 AM
It's a matter of freedom. If people want a way to be free to send and receive money from anywhere in the world, without any kind of censorship, Bitcoin is one of the few ways we have.
i like your comment mate i think if people will really understand how better bitcoin can be and not to think for its downside i guess they will embrace it
just need to give them more information and more guidance so they can use bitcoin correctly and take advantage as a system not just a investment.
hero member
Activity: 663
Merit: 501
quarkchain.io
June 22, 2017, 10:27:31 AM
People should use bitcoins because it gives them freedom without any involvement from the government and it can also be an good investment for them in future if they save it and keep for the right time to come.
full member
Activity: 560
Merit: 100
June 22, 2017, 10:22:21 AM
People do use of bitcoin because of its easy to use and easy to access. Easy to transfer funds anywhere as long you have an access to the internet. Bitcoin really adopts by many people because they invest and earn well.
jr. member
Activity: 57
Merit: 10
June 22, 2017, 09:45:21 AM
It's a matter of freedom. If people want a way to be free to send and receive money from anywhere in the world, without any kind of censorship, Bitcoin is one of the few ways we have.
sr. member
Activity: 602
Merit: 262
May 19, 2017, 10:01:20 PM
I think people use bitcoin because it’s fast, secure and global

Bitcoin doesn’t discriminate. You can use it anywhere in the world, to send value almost instantly, nearly for free. Transferring bitcoins costs just a few pennies and you can send as much value as you want. It’s important to remember that bitcoins can’t be counterfeited or duplicated.
Just my opinion, but in this day the transaction of bitcoin going slow and the transaction fee is high.
hero member
Activity: 840
Merit: 502
May 19, 2017, 09:43:44 PM
Right now what we need is the continued mass adoption same as that happened with Japan as well an acceptance from common people to get it listed as a currency same as USD or Euro. This is possible only through regular spreading. For this we need to use as well spread which helps in circulation as well in sustained growth.

It is difficult to get bitcoin widely accepted, bitcoin is too strange for the developing countries in the world. Myself, I do not like bitcoin to be accepted although its value can increase thanks to it. When it is accepted, we must pay taxes on transactions, and every deal is finalized. I hate that, I like a free bitcoin, not managed by anyone.
This scenario does not need to happen, as long as people accept bitcoin without any of the impositions of the government then bitcoin will still be free , besides there is no way for the government to charge  for transactions directly unless they control the network.

But government may not legalized it if they can't put tax on it, government needs to see how they can get money on it before making it implemented, being it known too much may abuse by the government its uses.
While bitcoin could benefit from being legalized by governments bitcoin does not need that, bitcoin has thrived without that, the legalization by the government will only help legitimize bitcoin and nothing more than that, people will still use bitcoin.
sr. member
Activity: 518
Merit: 251
May 15, 2017, 07:58:58 AM
If I introduce Bitcoin to my mother, brother or other people who aren't tech savvy... They would simply forget about it because of many things: bitcoin is not so easy to get, it is confusing how to start using it, create wallet/address or whatever.
Lol for the layman, of course bitcoin will look hard to use. Let alone there is a very fast price change so they will be a little hesitant. You have to be clever in explaining this. So they are sure of bitcoin


@NEWGOODOUBLE, we cant blame people if they think bitcoin to be this way.. even i when i was starting, im having difficulty too and i tend to forget about it and dont have any interest to it.. but i think it will just also depends on how people will introduce to you about bitcoin. because my friend is the one who encourage me to this. then he seemed so convincing that is why i get into this. and now im earning just enough.
hero member
Activity: 3038
Merit: 592
BTC to the MOON in 2019
May 15, 2017, 05:28:33 AM
Because bitcoin is entirely decentralized, you need trust no one when using it. When you send a transaction, it is digitally signed, and secure. An unknown miner will verify it, and then the transaction is completed. The merchant need not even know who you are, unless you've arranged to tell them.
That's impossible to see that you will buy to a merchant directly because it requires them to know who you are if
their business is registered. payment system is different from a real currency and there are merchants who accepts bitcoin
but relies on a 3rd party.
newbie
Activity: 33
Merit: 0
May 15, 2017, 02:06:02 AM
Because bitcoin is entirely decentralized, you need trust no one when using it. When you send a transaction, it is digitally signed, and secure. An unknown miner will verify it, and then the transaction is completed. The merchant need not even know who you are, unless you've arranged to tell them.
hero member
Activity: 854
Merit: 504
May 15, 2017, 02:04:50 AM
Why you should use bitcoin. There are maney reason for this  dollar cannot receive internet but bitcoin except oll over the world. Bitcoin transaction fee is very low.  The payment system of bitcoin is very fast. Its  very important things is simple and secure.
Yes, That's true. I prefer most important feature Bitcoin is a decentralized also can be called peer-to-peer, another most important Bitcoin payments are processed through a private network of computers linked through a shared program that your identity. Either so many advantages of using Bitcoin, It can't explain in some words.
sr. member
Activity: 1106
Merit: 250
Vave.com - Crypto Casino
May 15, 2017, 01:47:13 AM
Why you should use bitcoin. There are maney reason for this  dollar cannot receive internet but bitcoin except oll over the world. Bitcoin transaction fee is very low.  The payment system of bitcoin is very fast. Its  very important things is simple and secure.
hero member
Activity: 518
Merit: 500
May 15, 2017, 12:32:21 AM
We just have to face the reality that at the moment, bitcoin is not for everyone. Some people find it too complicated, especially the older generations while the others who tend to be more conservative shy away from such volatile instrument. We can’t blame them for having that attitude towards bitcoin because bitcoin has not been widely used and accepted, but times they are a changing, gradually, more people are going to catch up and ride the bitcoin bandwagon.
sr. member
Activity: 426
Merit: 250
May 15, 2017, 12:26:48 AM
If I introduce Bitcoin to my mother, brother or other people who aren't tech savvy... They would simply forget about it because of many things: bitcoin is not so easy to get, it is confusing how to start using it, create wallet/address or whatever.
Lol for the layman, of course bitcoin will look hard to use. Let alone there is a very fast price change so they will be a little hesitant. You have to be clever in explaining this. So they are sure of bitcoin

I do not even know how to answer this question and why people should use Bitcoin, I think that this is strictly a private matter for everyone, but if we talk about simplicity of treatment, then simple money is a feat, for humanity it is more simple than Bitcoin.
sr. member
Activity: 476
Merit: 250
May 15, 2017, 12:14:20 AM
If I introduce Bitcoin to my mother, brother or other people who aren't tech savvy... They would simply forget about it because of many things: bitcoin is not so easy to get, it is confusing how to start using it, create wallet/address or whatever.
Lol for the layman, of course bitcoin will look hard to use. Let alone there is a very fast price change so they will be a little hesitant. You have to be clever in explaining this. So they are sure of bitcoin
sr. member
Activity: 1876
Merit: 289
Zawardo
May 14, 2017, 05:56:14 PM
People should use bitcoin because of security and fast transaction and it easy to use, some of earning sites are using bitcoin as a payment method to pay members through bitcoin.
hero member
Activity: 770
Merit: 500
May 14, 2017, 05:38:55 PM
Right now what we need is the continued mass adoption same as that happened with Japan as well an acceptance from common people to get it listed as a currency same as USD or Euro. This is possible only through regular spreading. For this we need to use as well spread which helps in circulation as well in sustained growth.

It is difficult to get bitcoin widely accepted, bitcoin is too strange for the developing countries in the world. Myself, I do not like bitcoin to be accepted although its value can increase thanks to it. When it is accepted, we must pay taxes on transactions, and every deal is finalized. I hate that, I like a free bitcoin, not managed by anyone.
This scenario does not need to happen, as long as people accept bitcoin without any of the impositions of the government then bitcoin will still be free , besides there is no way for the government to charge  for transactions directly unless they control the network.

But government may not legalized it if they can't put tax on it, government needs to see how they can get money on it before making it implemented, being it known too much may abuse by the government its uses.
to me i think governments can only put taxes on bitcoin if they will declarer bitcoin as legal currency, therefore  i think that very soon government will take a good decision in the favour of the investors. i think we have a  very good example of Japan who have taken a very good stem in favour of bitcoin and hope that the other countries of the world will also follow them.
hero member
Activity: 882
Merit: 500
May 14, 2017, 05:20:51 PM
Aside from bitcoin is the future of money
the transaction when you use bitcoin
is much faster and you can gain a lot of
advantage while using it.

This is one of the problem of bitcoin when it comes to transaction sometimes the blockchain network is so slow. But that's not a big deal because with y transactions it is only happening sometimes. The people will get a lot of advantage upon using bitcoin and when it comes to investments it is very beneficial.
Yeah many people come across the same problem of the transactions being late sometimes. As this problem is not the one which occurs in routine, it happens sometimes. The most important about it is that the bitcoin transactions are safe enough and also it has a very nominal fee as compare to the other. Because of its low fee and safe transactions it is loved by the people.
full member
Activity: 179
Merit: 250
May 14, 2017, 04:33:14 PM
Its decentralized which means the gov cant manipulate it. You can carry it privately and use it anywhere.  It is the great equalizer for the people vs the gov.
hero member
Activity: 1120
Merit: 507
May 14, 2017, 04:24:58 PM
People should use bitcoin because its easy to use in any transaction and fastest, and it helps also to pay our billings most of billings companies accept a bitcoin and we can use as our savings. Its is a safest and it can give an extra income. It is better to use than to other and low fees if we use it, some other purposes is use in an investment.
yeah bitcoin is really very much easy to use and you are right that bitcoin transaction is also too much faster so we can say that bitcoin is very much beneficial currency and bitcoin transaction fees is very much low than other currency.
yeah bitcoin is very much easy and simple to use and i feel secure when i sue bitcoin and now i never use other payment system for online shopping because bitcoin is perfect currency than other.
bitcoin uses is very easy and simple because a lot of people are bitcoin and investing their money in bitcoin they know that bitcoin has a bright future and we know bitcoin is trusted currency and it will be survive forever.
Yes, the people investing in the bitcoin have trust in it because of the characteristics of the bitcoin. It is understood that anyone adopting the bitcoin is here to make his future bright and for that purpose they use the bitcoin so that they avail the opportunities that the bitcoin is offering to the users and is making them collecting the wealth.
sr. member
Activity: 2198
Merit: 273
SecureShift.io | Crypto-Exchange
May 14, 2017, 03:03:22 PM
Very simple,  people are randomly selected bitcoin for the security purposes. Since bitcoin is safer rather than any other form of money so people are getting motivated for using bitcoin now a days.
If every government allows it as a currency, then it would be more friendly rather than cash.

It's very easy and practical to use bitcoin, but if the government uses it as the official currency, it will become a global threat to fiat as it happens at rate of China currency exchange declining, But I feel bitcoin has an important role in world civilization in the future where all the conventional things will be displaced by technological era.
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