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Topic: Why should people use Bitcoin? - page 27. (Read 122126 times)

jr. member
Activity: 52
Merit: 2
January 30, 2018, 12:31:41 PM
People should use Bitcoin so that we who are holding Bitcoins will become richer and richer. Now, is my answer correct, or Satoshi Nakamoto had perhaps originally something different in mind?
newbie
Activity: 104
Merit: 0
January 30, 2018, 06:19:55 AM
coz :
Effortless online payments
Reduced risk for merchants
Peer to Peer
Complete control over your money
legendary
Activity: 867
Merit: 1000
January 30, 2018, 05:51:41 AM
many of people are using bitcoins, because bitcoin is the best of payment in the world
and bitcoin have a technologi like blokchain, this is a technology of the future and very nice to applied in the financial banking.
newbie
Activity: 126
Merit: 0
January 30, 2018, 05:48:36 AM
Bitcoin has really made it easy to send and receive money a lot easier
jr. member
Activity: 313
Merit: 1
January 30, 2018, 05:42:01 AM
there are many reasons for that, and of the many advantages that bitcoin offers, what's interesting is that with bitcoin we do not have to trust a third party.
all the transactions we do online or electronically must use a third party, be it a bank or online payment parties like PayPal. but, using Bitcoin, we will deal directly with the merchant. There is no third party you should trust to take care of the transaction. and by using Bitcoin, we can avoid silly things like account freezing that is often done by the bank or other online payment services.
newbie
Activity: 52
Merit: 0
January 30, 2018, 05:21:52 AM
5 Reasons to people should use Bitcoin:
It’s made for our generation
It’s fast, secure and global
Bitcoin was designed with your privacy in mind
Bitcoin is not subject to inflation
Bitcoin provides financial freedom
  Smiley Smiley
newbie
Activity: 104
Merit: 0
January 30, 2018, 05:11:00 AM
as far as i know that :
1. It is fast. Transactions are instantaneous about 10 minutes.
2. Bitcoin is not subject to inflation
3. Your bitcoin are only your , they can't be controled by bank, IRS or any institutions.
4. Low fee
newbie
Activity: 65
Merit: 0
January 30, 2018, 04:58:35 AM
many people use Bitcoin coz:
It’s fast, secure and global
Bitcoin was designed with your privacy in mind
Bitcoin is not subject to inflation
Bitcoin provides financial freedom
jr. member
Activity: 294
Merit: 1
January 30, 2018, 04:57:46 AM
Because it can do virtually all what physical money can do. Its safe to carry, no limit to how much you can carry, no bank charges. You don't need to join a queue before you pay or receive your money. Bitcoin also increase in your hand and good to do business with it.
member
Activity: 1764
Merit: 10
January 30, 2018, 04:56:02 AM
Because this is the most anonymous payment system in the world, it is not necessary to specify any data for cross-listing of funds or receipts. Transactions are one of the fastest in the world. For bitcoin is future, for as official statistics shows, more and more people are starting to use bitcoins to secure future. There is not long time when any service will officially accept bitcoins.
hero member
Activity: 1064
Merit: 500
January 30, 2018, 04:53:42 AM
Bitcoin is the future of money, or so they say.


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



Some time ago I read the news on this site about Florida where it is possible to spend bitcoin. This is not a surprise at all. Many thing could be bought for bitcoins in different places around the world.
jr. member
Activity: 126
Merit: 2
January 30, 2018, 04:47:46 AM
In some parts of the world, bitcoin is still a more efficient and cheaper way to transfer money across borders, and several remittance startups make use of this feature. Bitcoin’s cost and speed advantages, though, are being eroded as traditional channels improve (and the network’s fees continue to increase), and liquidity remains a problem in many countries.

Also, a number of large and small retailers accept the cryptocurrency as a form of payment, although reports suggest that demand for this function is not high.

And many individuals feel more comfortable holding a part of their wealth in securely-stored bitcoin, where a central authority cannot block access or take a cut.

Recently bitcoin seems to have assumed the role of investment asset, as traders, institutional investors and small savers have woken up to the potential gains from price appreciation.

According to some sources, bitcoin is increasingly being used for money laundering. But we know that you wouldn’t do that. And anyway, bitcoin is not, as is commonly believed, a good vehicle for money laundering, extorsion or terrorism financing, since it is both traceable and transparent – as a spate of recent arrests can attest.  Smiley Smiley

Yes I believe for a lot of people that do not have access to traditional banking networks bitcoin is an excellent payment alternative, more importantly in countries were the currencies are unstable due to political risk bitcoin makes for an excellent store of value.
newbie
Activity: 111
Merit: 0
January 30, 2018, 04:39:43 AM
In some parts of the world, bitcoin is still a more efficient and cheaper way to transfer money across borders, and several remittance startups make use of this feature. Bitcoin’s cost and speed advantages, though, are being eroded as traditional channels improve (and the network’s fees continue to increase), and liquidity remains a problem in many countries.

Also, a number of large and small retailers accept the cryptocurrency as a form of payment, although reports suggest that demand for this function is not high.

And many individuals feel more comfortable holding a part of their wealth in securely-stored bitcoin, where a central authority cannot block access or take a cut.

Recently bitcoin seems to have assumed the role of investment asset, as traders, institutional investors and small savers have woken up to the potential gains from price appreciation.

According to some sources, bitcoin is increasingly being used for money laundering. But we know that you wouldn’t do that. And anyway, bitcoin is not, as is commonly believed, a good vehicle for money laundering, extorsion or terrorism financing, since it is both traceable and transparent – as a spate of recent arrests can attest.  Smiley Smiley
newbie
Activity: 84
Merit: 0
January 30, 2018, 01:03:47 AM
It is about financial benefits. Bitcoin is the fastest, cheapest and secure money. Some website they cannot steal your wallet when you spend bitcoin.
newbie
Activity: 213
Merit: 0
January 30, 2018, 12:21:55 AM
because, if you invest in bitcoin you can get a big profit with little capital and don't need much time to work
so this is very good for everyone
newbie
Activity: 18
Merit: 0
January 28, 2018, 11:06:12 PM
People should use bitcoin because bitcoin is the future money bitcoin can make them rich but they need to study more about bitcoin
newbie
Activity: 98
Merit: 0
January 28, 2018, 11:05:04 PM
When this Bitcoin stands, the only people who should sue Bitcoin are those who are willing to take risks and want to learn something new. In addition, Bitcoin is still a beginner, and its last iteration. There will always be new technology or outgoing services that will benefit Bitcoin in several ways.
full member
Activity: 210
Merit: 101
January 28, 2018, 10:57:37 PM
I think why should people use bitcoin because there is a only way that earn lot of money.There a lots way to use bitcoin but we need be safe and think if how to use bitcoin to earn lot of money.People need money so bitcoin is a way that helps a people need a extra income.Using bitcoin is a good opportunity to everyone have no permanent job or no extra income if you use bitcoin in a good way you can get a extra income more than to your salary.
newbie
Activity: 59
Merit: 0
January 28, 2018, 10:00:58 PM
Bitcoin is new payment in this world,it have good potential to be better payment in this century,i think just bitcoin that can used as currency and investement.
newbie
Activity: 33
Merit: 0
January 28, 2018, 09:57:55 PM
People using BTC cause the value will be grow in the future so they hope earn more money somedays. But we never know what there will happen with BTC in future, so we are believe.
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