Topic: Why some people prefer Bitcoin over fiat ? - page 18. (Read 58499 times)
Because in bitcoin you can earn easily or get high profit but in fiat you can also earn money but so small. In bitcoin they can double your money but fiat give only 5% in 6months
Bitcoin has a lot of features and because of that features people from every field are getting benefits from bitcoin so they prefer bitcoin over fiat.
Absolutely right, Bitcoin has this quality to let people feel that they are safe when using it . The value of Bitcoin is increasing while the fiat money stays on its original value. Fiat money is giving them a hard time make it grow while Bitcoin is accessible to everyone. Bitcoin is being used widely in porn sites, gambling and drug dealing sectors. Is that why the btc made for ? I have seen a lot of members in this forum discussing about buying drugs, gambling and enjoying porn with bitcoin. Is not it a misuse of a currency ? Block chain tech is a awesome tech and btc is getting popular. I hate these misuses of precious btc. It hurts me. This will lead into unhealthy society along with unhealthy future generation.
I also hate it. They must not use bitcoin that way. They must not have or earn bitcoin. The bitcoin they own must be given to other people who really deserves it. There are so many people out there who need that to be able to use it for their needs not for pleasure.
I think many people prefer bitcoin than fiat because of its price and it has now very useful than fiat especially to a country that has a very advanced technology.
Bitcoin is widely used Some people, prefer bitcoin over fiat because in some places there is tax-free bitcoin. Some of them may benefit from some sites offering bonuses to customers who pay bitcoins.
I do not think that bitcoin is the strongest currency now. It isn't yet aswell well-liked for me simply because within my country most of them dinot know abut it yet. For me personally the best forex is dependant on the forex which you're residing. I am living in Belgium therefore the strongest currency for me is Philippine Peso.d o
Bitcoin is being used widely in porn sites, gambling and drug dealing sectors. Is that why the btc made for ? I have seen a lot of members in this forum discussing about buying drugs, gambling and enjoying porn with bitcoin. Is not it a misuse of a currency ? Block chain tech is a awesome tech and btc is getting popular. I hate these misuses of precious btc. It hurts me. This will lead into unhealthy society along with unhealthy future generation.
You have mistaken it for nothing, the mistake is that you use bitcoin for the purpose. Bitcoins help us to become rich rather than turn us into bad guys. 
Because bitcoin has value like a physical hold and fiat money is backed up by government. But in the real world fiat money is use by people to buy goods and bitcoin is use for online transactions.
When compared with cash transactions, of course bitcoin many advantages, for example is a cheaper transaction costs, other than that cash transactions are limited to direct meetings while currently increasing online transactions that require bitcoin rather than cash.
Because bitcoin does not require an intermediary like fiat, it can run itself on blockchain. The sender and receiver are the full holder of the bitcoin, plus the bitcoin security level is very strong.
That is perfect. With Bitcoin, we are totally free and on our own. With fiat, we are actually under the rules and regulations of the central bank and other banks and the government. Bitcoin is giving us a certain level of freedom. In terms of security though there are still risks as hacking is a very strong threat for now. But let us just practice high level of caution in our transactions as well as in sharing some wallet info.
The transaction in Bitcoins occurs almost instantly.
Bitcoin Network is Secure and very very strong, you control your coins
Bitcoin Network is Secure and very very strong, you control your coins
I do not agree with you. BTC is not swift at all. Use western money union. You will get paid within seconds. Remember what happened few days ago. When most of the miners switched to BCH, instead of BTC and hardly some blocks were being mined? I sat idle for 20 hours and was not able to tx my BTC. Well ya, BTC is secure, still innovative awesome tech, no doubt
The transaction in Bitcoins occurs almost instantly.
Bitcoin Network is Secure and very very strong, you control your coins
Bitcoin Network is Secure and very very strong, you control your coins
Bitcoin is being used widely in porn sites, gambling and drug dealing sectors. Is that why the btc made for ? I have seen a lot of members in this forum discussing about buying drugs, gambling and enjoying porn with bitcoin. Is not it a misuse of a currency ? Block chain tech is a awesome tech and btc is getting popular. I hate these misuses of precious btc. It hurts me. This will lead into unhealthy society along with unhealthy future generation.
I hate to break it to you, but fiat currency is far more widely used for these things. Cash in particular provides unparalleled anonymity, whereas bitcoin transactions can be tracked through the blockchain. Bitcoin is pseudonymous, not anonymous. Blaming bitcoin or any other currency for these supposedly immoral activities is misguided at best.
I believe that almost all people who prefer bitcoin is business minded not just to use to buy stuff but to hold for a long term and earn profit. They can see the potential of bitcoin.
Bitcoin is being used widely in porn sites, gambling and drug dealing sectors. Is that why the btc made for ? I have seen a lot of members in this forum discussing about buying drugs, gambling and enjoying porn with bitcoin. Is not it a misuse of a currency ? Block chain tech is a awesome tech and btc is getting popular. I hate these misuses of precious btc. It hurts me. This will lead into unhealthy society along with unhealthy future generation.
I am fully satisfy with your views about bitcoin. But Bitcoin is not ment for buying drugs, gambling and porn sites. This misuse must be stopped.
In fact a few people utilize the bitcoin as a money for obtaining unlawful stuff. However, I imagine that market fuel the bitcoin which convey it to the general population and government spotlight, I'm alluding to the Silk Road commercial center. In light of my readings, Satoshi intend to make the cash wild by the legislature or privately owned business along these lines opportunity to utilize it in an unlawful way has its spot. This is the scourge of opportunity simply like what happen to the web, it is additionally produced for the great and progression of humankind, yet underhanded works dependably have their spot.
Some people prefer bitcoin over fiat because they are the users who are making payments through online they purchase things online and they pay for them online like online shopping malls are operating now who accepts bitcoin. The digital currency can be used everywhere in the world like in the developed countries. Some engineers make software’s and they are demanding in bitcoin.
Bitcoin has a lot of features and because of that features people from every field are getting benefits from bitcoin so they prefer bitcoin over fiat.
Money should be stored in fiat. Bitcoin is a risk like a casino
Fiat is needed now only to pay for food and stuff. bitcoin is a means of investing
Bitcoin is private, secure, transparent, tamper-proof, easy for international transfers. All these are much better than fiat. Of course I don't think bitcoin will replace fiat due to its limited quantity.
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