Why should people use Bitcoin? - page 189.

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Quote from: Blawpaw on December 08, 2015, 01:47:30 PM

Bitcoin is the future of money, or so they say.

I would like to hear your opinions on Why should people use Bitcoin?

Mostly because of controlled inflation / deflation. The most important property there is.

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Quote from: mexicantarget on December 08, 2015, 06:39:42 PM

People should use bitcoin because it revolutionizes the way we shop online. It revolutionizes the way we interact with many things online.
Blockchain itself, is god given tool. The person(s) who made it, did a very well job. Him/them, started something amazing.

This is the new world. We are living in it. We should be proud for that.

I would not exactly say that bitcoin revolutionizes online shopping, not really - you can pretty easily shop with credit card or PayPal.
Blockchain is amazing - that is the thought or every bank and financial institution out there, they want to ditch bitcoin and create their own version of blockchain, and it doesn't sound so cool anymore...

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People should use bitcoin because it revolutionizes the way we shop online. It revolutionizes the way we interact with many things online.
Blockchain itself, is god given tool. The person(s) who made it, did a very well job. Him/them, started something amazing.

This is the new world. We are living in it. We should be proud for that.

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Quote from: ProjectDev on December 08, 2015, 02:41:30 PM

21m coins in bitcoin to serve over 7 billion people??? wait for our new project to unfold it will bring lots of features and worldwide acceptance!!

COMING SOON!!

Are you being sarcastic?

I don't know if 7 billion people will ever be using bitcoin, but lets say hypothetically the users to reach into the billions. There is no reason 21m coins can't be enough. You have to consider each coin is 100m satoshi. That just means that last satoshi will actually be worth something. I'm still learning about bitcoins myself, but maybe it's possible that they can break it down into even smaller bits it there was the need. As it is, if the value of a coin reached a million dollars, then a satoshi would be worth a penny and 21 million bitcoins would be worth 21 trillion. It looks like there's plenty of room for user growth.

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Quote from: Mickeyb on December 08, 2015, 06:31:47 PM

Quote from: mtnsaa on December 08, 2015, 04:43:58 PM

Definitely for gambling as others have mentioned and I didn't in my previous posts. I can see the advantage there instead of using credit cards in casinos all over the world. However there are and were plenty of not so safe Bitcoin sites, investments, casinos, exchanges that create a bad name as it's not really regulated. If this wasn't the case I'm sure Bitcoin gambling would be much bigger today since it's completely anonymous, in many sites you don't even have to create a profile/account, you bet right away.

Yes these are great benefits, but is it easy to gamble away all of your money in this way. Trust me, I am telling you from my personal experience. With the traditional sites, at least you have a way to self-exclude yourself. With the Bitcoin gambling, you are always couple of clicks from the bet and if you are addicted, Lord better help you!

Yeah, but at the same time it's great for the Bitcoin economy in general. It doesn't really matter to some people to lose their money they put in. It's all about the thrill for them, and if they are going to do it no matter what, might as well be with bitcoin.

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Quote from: mtnsaa on December 08, 2015, 04:43:58 PM

Definitely for gambling as others have mentioned and I didn't in my previous posts. I can see the advantage there instead of using credit cards in casinos all over the world. However there are and were plenty of not so safe Bitcoin sites, investments, casinos, exchanges that create a bad name as it's not really regulated. If this wasn't the case I'm sure Bitcoin gambling would be much bigger today since it's completely anonymous, in many sites you don't even have to create a profile/account, you bet right away.

Yes these are great benefits, but is it easy to gamble away all of your money in this way. Trust me, I am telling you from my personal experience. With the traditional sites, at least you have a way to self-exclude yourself. With the Bitcoin gambling, you are always couple of clicks from the bet and if you are addicted, Lord better help you!

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Definitely for gambling as others have mentioned and I didn't in my previous posts. I can see the advantage there instead of using credit cards in casinos all over the world. However there are and were plenty of not so safe Bitcoin sites, investments, casinos, exchanges that create a bad name as it's not really regulated. If this wasn't the case I'm sure Bitcoin gambling would be much bigger today since it's completely anonymous, in many sites you don't even have to create a profile/account, you bet right away.

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Forget about the potential, let's focus the benefits we have already..
a fraction of the usual transaction fee

Then offcourse, we have the speed, anonimity and freedom to access and spend your money whereever your are. Without any daily limit or account audit.

richardsNY

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It has definitely the potential to become a top payment option. The future for Bitcoin is great. I only think it will take quite some time before we see Bitcoin being a real threat to PayPal and so on.

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I do believe that with the advancements in terms of technology, we are going towards having the digital currency. Bitcoins is a perfect example of digital currency. people should be able to use the coins since they are the things we will be using in the coming years thus it is a rehearsal for them now. The other reason is because bitcoins has this high value and worthiness that people should embrace. They should be used as alternatives to gold.

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Quote from: Blawpaw on December 08, 2015, 01:47:30 PM

Bitcoin is the future of money, or so they say.

I would like to hear your opinions on Why should people use Bitcoin?

Everyone should use bitcoin. It doesn't carry too much weigh with small amount of people, but if we turn this into something that majority of population would use, we
could finally be free of middle man services, banks and fee's - which is not a small thing.
But even with user and service count we have today, you can still utilize it to send money across the world with min. fee, since there's bitcoin atm or exchange practically everywhere.

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Quote from: okae on December 08, 2015, 03:14:49 PM

I think that the question should be, why should not people use bitcoin?

Nah seriously, lower fees, faster transactions ( yes im sure that in the future it will be pretty faster ), no 3rd persons involved in any transactions, NO MANIPULATION POSSIBLE and much more...

In general is something like an natural evolution, yes? Wink

You nailed it there are so many reasons that why should people use Bitcoin which you have listed amazingly and very few reasons where people are bit hesitant to you it. So the question should have been why should people not use BTC.

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Why people should use bitcoin, because it is easy to send and receive money from all over the world, no need for iban no need to pay additional fees to the bank so it made our life easier.

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The best for me is that you have not to trust anyone, that you can transfer funds worldwide and that you can join the system without registering anywhere. If you want more opinions, just tell me.

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I think that the question should be, why should not people use bitcoin?

Nah seriously, lower fees, faster transactions ( yes im sure that in the future it will be pretty faster ), no 3rd persons involved in any transactions, NO MANIPULATION POSSIBLE and much more...

In general is something like an natural evolution, yes? Wink

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Quote from: Patatas on December 08, 2015, 02:55:12 PM

I can point out a few reasons why people around me use bitcoins :

1.You're tech savvy : You simply like technology ,especially code/web/programming etc.

2.You want to be cool:There are bunch of this kind of people who simply use bitcoins because they think its cool to have those "Bitcoin Wallets" and show off their balances.

3.You're a trader: Extremely inclined to the business side of the market.They know what future has for them,they prepare for it .

4.You're a investor :There are this type of people who buy anything and everything and sell it off to earn profits.Mostly they have money and good financial backgrounds so they just buy bitcoins as assets .

5.You're a gambler:Yeah finally,you want to be safe/secure/anonymous while gambling use bitcoins because the government doesn't give much fucks about online bitcoin balances.

1. If we focus at targeting bitcoin as tool only for advanced and technical users we won't reach better adoption anytime soon.
2. If you think it is cool to have bitcoin you probably are adolescent teen with hormonal tempest raging within.
3. That is actually good point and I agree.
4. Same as above. Greed is a machine of progress.
5. Good point, I wish I knew total worth of bitcoin gambling market.

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I can point out a few reasons why people around me use bitcoins :

1.You're tech savvy : You simply like technology ,especially code/web/programming etc.

2.You want to be cool:There are bunch of this kind of people who simply use bitcoins because they think its cool to have those "Bitcoin Wallets" and show off their balances.

3.You're a trader: Extremely inclined to the business side of the market.They know what future has for them,they prepare for it .

4.You're a investor :There are this type of people who buy anything and everything and sell it off to earn profits.Mostly they have money and good financial backgrounds so they just buy bitcoins as assets .

5.You're a gambler:Yeah finally,you want to be safe/secure/anonymous while gambling use bitcoins because the government doesn't give much fucks about online bitcoin balances.

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Quote from: mtnsaa on December 08, 2015, 02:01:37 PM

I don't think common people "should" use Bitcoin right now, it's very complicated for most, specially women and not tech savvy people. I don't want to sound harsh but that's my experience.

I understand you. And I kind of think that too.

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.

Even paypal is not that popular in my contry, and it is still hard to find local online shops accepting it let alone Bitcoin.

I remember while in school we all had those lessons with fiat currency, we had fake money and coins made of paper. Their purpose was probably to teach how to deal with money and bla bla bla...

I think it is time to teach them how to use Bitcoin too.

ProjectDev

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21m coins in bitcoin to serve over 7 billion people??? wait for our new project to unfold it will bring lots of features and worldwide acceptance!!

COMING SOON!!

Amph

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because it has

lower fees

faster for me at least online, on some website no need to enter credentials for example cvv and stuff like that

more secure, again on some website they can not steal your wallet when you spend bitcoin, but they can steal your credit card credentials and drain all your funds

huge discount with some service(purse.io)

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