1. Continuous Price Fluctuations Increase, The higher the demand for goods with a limited amount, it will make the value (price) of the goods higher.
2. System Security Technology
BitCoin uses a blockchain system, where the system is not centered and interconnected with each other.
3. Unrestricted Banking And State, BitCoin is not the currency of a country, so the fluctuations will not affect the political issue.
4. It has been recognized by some countries
The use of BitCoin for transactions has even been recognized in some countries. It is not impossible that the whole world uses BitCoin because of its practicality and minimal transaction cost.
Topic: Why should people use Bitcoin? - page 39. (Read 122126 times)
Bitcoin is the future of money, or so they say.
I would like to hear your opinions on Why should people use Bitcoin?
people uses engage into bitcoin because this is a good investment wherein we can earn good profit. Bitcoin can also help finacially when you earn money from bitcoin. We can also paybills, send money and other bitcoin transactions that can be made easy. I would like to hear your opinions on Why should people use Bitcoin?
Bitcoin is not controlled by any agency or government.
Bitcoin using the Blockchain database is not controlled by a party, but is so open to the public that it is impossible for someone to forge transactions in Blockchain. All transactions are recorded live, transparent, and spread over millions of servers. Those who want to alter or falsify Bitcoin transaction data, must hack millions of servers at the same time.
Bitcoin using the Blockchain database is not controlled by a party, but is so open to the public that it is impossible for someone to forge transactions in Blockchain. All transactions are recorded live, transparent, and spread over millions of servers. Those who want to alter or falsify Bitcoin transaction data, must hack millions of servers at the same time.
For me, people should use bitcoin because it is centralized and can’t control by the government. Yes, bitcoin seems like a criminal activity, but if you are not doing some evil stuff, it means you a good person. Also, bitcoin has so many benefits you can earn a plenty of money through it; you can use it to buy some things on the internet and many more. 
People will not use currency notes at a time. Then people will become completely dependent on cryptocurrency. Traffic police in South Africa are fined by Bitcoin. Bitcoin may be used in many other daily tasks. Today, I saw a fun post on Facebook, that the beggars would accept Bitcoin at some time. Then it can be said that there will be a day when only the cryptocurrency will be used.
In the present time the bitcoin trend is very high and people are moving to the crypto market for making investments so people are earning bitcoin and then people use bitcoin for different reasons like in most of the people buy things online through this currency. bitcoin is using for online payments worldwide in the present time and most of the people wants to do all online services through bitcoin.
Bitcoin Transaction, does not require you to submit your confidential information. Instead, they use two keys: a public key, and one private key. Anyone can see your public key (which is usually called your bitcoin address), but your private key is confidential. When you send a bitcoin, 'sign' your transaction by merging the public and private keys together, and applying the math functions to them. This creates a certificate that proves that the transaction came from you. As long as you do not do silly things like publishing your private key to everyone for everyone to know, congratulations..you're safe from any theft case.
When you are in your Bank pay check to another one Bank, usually the Bank will hold the money to ensure that funds are actually available. Similarly, international wire transfers can go more than one day.
Transactions in bitcoins are much faster. So, transactions are "zero-confirmation" pass out instantly. The receiving party assumes the risk of transfer not confirmed by the block chain. Or, the transaction takes about ten minutes, if the recipient of the payment is waiting confirmation. In any case, it is many times faster than any interbank transfers.
Transactions in bitcoins are much faster. So, transactions are "zero-confirmation" pass out instantly. The receiving party assumes the risk of transfer not confirmed by the block chain. Or, the transaction takes about ten minutes, if the recipient of the payment is waiting confirmation. In any case, it is many times faster than any interbank transfers.
if people want to change their life then should they use nitcoin, we know many poor people now reach man for possible bitcoin.and if u use bitcoin then u can got some chance like u can do shopping etc..
If people are serious with bitcoin then surely bitcoin will never make their holders disappoint because investment is a big cause to earn money, if you will make a big investment then surely you will get much benefit from it and if you will withdraw it earlier than you still it will give you benefit but a little bit. Long term investments are best for long time period, as prices changes then you earn profit according to them.
you don't need to believe others. in a conventional banking system, you have to trust others to handle your money properly every day. you have to trust the bank, for example. you may have to trust a third party payment processor. you have to trust the merchant too. these organizations are demanding their own interests, asking for your personal information. bitcoin is fully decentralized, you do not have to entrust to others when using it. when you submit a transaction, the transaction will be digitally signed, and secure.
why should people use bitcoin because it is easier to send and receive money around the world. also, you can make money in bitcoin
Yes, bitcoin wins in terms of speed and it's really the best tool for paying goods, products, and services online. On top of that, you don't need any personal information about yourself anymore just so you can transact a single transaction.
I do not know for sure, but what I know, bitcoin is a virtual currency. And it will continue this way to the future. It can only be news infotainment information bitcoin, offering or attracting more investors new investors.
Bitcoin is fast. when you make a check payment from another bank to your bank, the bank often holds the money for several days, because the bank can not immediately believe that the fund actually exists. similarly, international wire transfers can take a relatively long time. but very different from bitcoin transactions using bitcoin much faster.
Bitcoin initial goals are a cheap and fast payment instrument and, of course, decentralization. Now it's a great investment and that's why people should buy it. I hope that after the implementation of Lightning Network, its basic features will return - transaction speed and low cost of transfers - then the price of Bitcoin will increase even more!
Why use Bitcoin in short - to kick banksters ass!
Why use Bitcoin in short - to kick banksters ass!
It is obvious that bitcoin is going to be the future currency. Because its convenient to use bitcoin in trading. In addition to that the cost for a transaction is negligible.Moreover the security is very satisfying.With fiat currency corruption is a major problem which is not be in bitcoin.Transactions are done in a peer-to-peer method, without the need for a bank or third party to oversee it.More importantly bitcoin is global which allows us to use it anywhere in the world, to send value almost instantly, nearly for free. These are few reasons why people should use bitcoin.
Yes in the future maybe Bitcoin will be a preferred payment method but looking at it right now it doesn't look appealing to become a payment method because of 2 things one is it has high network fees and second is that its transactions takes more time compared to paypal and credit cards. Also I don't like the fact that I will be shouldering extra expense because of sending money to other people. Right now it is only good for growing your money. 
People on the world nowaday still dont know much about bitcoin benefits, so i think they should know about the advantages of bitcoin like bitcoin has high value, easy to buy things and sell, we can do transactions in real life with ease, secure, and fast, no need paper or cards any more. it also can bring us a second income and rise our life better.
Bitcoin is not controlled by anyone and its the first and most accepted cryptocurrency. It is also accepted worldwide for all transactions and its price keeps soaring high. These are some of the reasons why i think people should use bitcoin.
It is obvious that bitcoin is going to be the future currency. Because its convenient to use bitcoin in trading. In addition to that the cost for a transaction is negligible.Moreover the security is very satisfying.With fiat currency corruption is a major problem which is not be in bitcoin.Transactions are done in a peer-to-peer method, without the need for a bank or third party to oversee it.More importantly bitcoin is global which allows us to use it anywhere in the world, to send value almost instantly, nearly for free. These are few reasons why people should use bitcoin.
why should people use bitcoin because it is easier to send and receive money around the world. also, you can make money in bitcoin
People should use bitcoin for numerous reasons ranging from transparency, decentralization, low transfer fees and speed.
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