Why some people prefer Bitcoin over fiat ? - page 20.

stellgod

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Quote from: Lecam on November 11, 2017, 06:15:41 AM

Quote from: malekbaba on December 22, 2016, 04:57:22 AM

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.

It's because bitcoin is convenient to use, it's easy to pay or send money through bitcoin compared when sending or paying with fiat money. Not just that bitcoin is convenient, it is also profitable because it's price is volatile, it can multiply multiple times depending on it's market demand.

Because they all know that expiry time of cash has arrived and bitcoin will take over the current currency method soon and those who say this are the true believer of bitcoin and they earned a lot of profit through this coin and most probably they want that everyone use bitcoin and get maximum benefits from it and the best thing of bitcoin is that it can be used as investment then why we support a piece of paper to use.

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Quote from: nara1892 on December 22, 2016, 05:07:57 AM

Quote from: malekbaba on December 22, 2016, 04:57:22 AM

Bitcoin is being used widely in porn sites, gambling and drug dealing sectors. Is that why the btc made for ?

nope. I think satoshi did not make bitcoin for that bad use.

Quote from: malekbaba on December 22, 2016, 04:57:22 AM

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.

yeah, actually it will make people who do not use bitcoin will think that bitcoin is for criminals. and I ever read someone made a thread who said that his father did not agree his job to earn bitcoin. it was reallt bad.

It depends upon the person on how they will use bitcoins but i dont think that this is being developed in the bad side.

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Quote from: pureclckr on November 16, 2017, 05:20:28 AM

Quote from: Lecam on November 11, 2017, 06:15:41 AM

Quote from: malekbaba on December 22, 2016, 04:57:22 AM

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.

It's because bitcoin is convenient to use, it's easy to pay or send money through bitcoin compared when sending or paying with fiat money. Not just that bitcoin is convenient, it is also profitable because it's price is volatile, it can multiply multiple times depending on it's market demand.

Exactly! Everyone has his own way of looking up at the things. There will be lot number of people who will prefer paper money over bitcoin. The thing is the ones who really know about bitcoin will never ever think of placing paper money at higher place than that of bitcoin. The reason is quite obvious. Bitcoin is far better than that of paper money in number of ways. There is no match of bitcoin.

I think people prefer bitcoin over fiat because it is with them fiat is mostly in your bank and you do not know what they are doing with it but bitcoin is always with you safe in your wallet and you exactly know what is happening with it and when.

pureclckr

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Quote from: Lecam on November 11, 2017, 06:15:41 AM

Quote from: malekbaba on December 22, 2016, 04:57:22 AM

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.

It's because bitcoin is convenient to use, it's easy to pay or send money through bitcoin compared when sending or paying with fiat money. Not just that bitcoin is convenient, it is also profitable because it's price is volatile, it can multiply multiple times depending on it's market demand.

Exactly! Everyone has his own way of looking up at the things. There will be lot number of people who will prefer paper money over bitcoin. The thing is the ones who really know about bitcoin will never ever think of placing paper money at higher place than that of bitcoin. The reason is quite obvious. Bitcoin is far better than that of paper money in number of ways. There is no match of bitcoin.

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Quote from: tushin4 on November 15, 2017, 02:29:03 PM

Bitcoin is time consuming,fee consuming and yes,it obviously manages to have 0% risk.Besides it is so trustworthy for its anonymity.In fact,users and holders are the only controller of bitcoin.Hence some people prefer bitcoin over fiat.

You should keep in mind that bitcoin is not completely anonymous. It is a common misconception among people, where they think that bitcoin transactions can not be traced. Not true. Bitcoin is actually "pseudonymous" . Google it and you will know more about it.

Chachacoin17

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Quote from: ansh_848 on November 15, 2017, 02:45:51 PM

Yes i agree with you. You know when ever someone invent something people never think what is the work of that invention people see what we can do with it. People are using bitcoin for illegal or irrelevant things, they cant see by this problem will occur for us only.

i believe some people prefer bitcoin over fiat because they see the big diff. Between the two and they knew that if they use bitcoin they can save and gain money because bitcoin price is really amazing and it is really profitable if we hold it or invest it in a verry simple way gaining is what people want and hey used bitcoin as an asset of collecting profit.

ansh_848

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Yes i agree with you. You know when ever someone invent something people never think what is the work of that invention people see what we can do with it. People are using bitcoin for illegal or irrelevant things, they cant see by this problem will occur for us only.

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Quote from: grizmoblust on November 14, 2017, 10:40:38 AM

I think it is normal. You should not focus on the negative things. Look at the positive things, you will see that Bitcoin can support well for economic development. (Payment tool, international transaction, storing asset)

Maybe they are prefer Bitcoin over Fiat, it is because bitcoin is an assets that produce profit anyone, while Fiat is not, due to before you have it you need to have a job first. And bitcoin can be send anywhere in the world while fiat is not.

tushin4

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Bitcoin is time consuming,fee consuming and yes,it obviously manages to have 0% risk.Besides it is so trustworthy for its anonymity.In fact,users and holders are the only controller of bitcoin.Hence some people prefer bitcoin over fiat.

crazykill182

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Quote from: malekbaba on December 22, 2016, 04:57:22 AM

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.

Bitcoin or flat is the same. We can use it to do either in good or bad. We can use bitcoin and flat in purchasing drugs, gambling and in porn sites maybe you can get a card for that. The difference between flat and bitcoin is that in bitcoin is you can do transaction without going personally, you can do transaction eventhough you are in a different country without much hassle and process it anynomously. While in flat a lot of hassle because you could be a target of robbery because it is easy to figured out if you have a lot of money.

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Bitcoin is considered the most valuable asset at the moment and everyone likes to keep Bitcoin more, which will make Bitcoin always attract new investors because Bitcoin's current price is $ 7000 and in the future BTC can reach $ 100,000

manatadecoco

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bitcoin is also abused, but the internet is also abused.
It isn't possible to prevent an abuse.
I think a countermeasure is that the person who ordinarily uses bitcoin is increased.

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Quote from: Eclipse26 on November 14, 2017, 10:45:08 AM

Quote from: malekbaba on December 22, 2016, 04:57:22 AM

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.

Some people prefer having bitcoin than fiat money because they already know that having bitcoin is better than having fiat money. Having bitcoin can make you rich and successful in the future if you have the skills and knowledge on how will you make your bitcoin grow. You can gain a lot of profit with bitcoin. All you have to do is to monitor its price and know how its system works.

you are right, to have bitcoin as well as having a very valuable investment. other than that bitcoin free from inflation, different from fiat. bitcoin over time has been shown to have an increasing intrinsic value.

rickyleatham

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i think most of the people prefer bitcoin to fiat because of bitcoin high value, everyone one quick money, so they choose to take risks and try their best to invest in bitcoin, moreover, bitcoin can be more useful than fiat money like they can use it in daily life and most of bitcoin can be used and exchanged.

golek upo

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misuse of bitcoin for pornography, drugs, and gambling, is the decision of each owner of a bitcoin. But on the other hand, bitcoin has brought a lot of convenience to everyone, especially in economics

Lonthe

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I'm sure that 99% of people who ever bitcoin deals will say satisfied and happy, they will not use the services of banks because bitcoin is easier and cheaper for transactions.

Bitcoininvestment

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Quote from: malekbaba on December 22, 2016, 04:57:22 AM

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.

No it is not the real essence of bitcoin. Bitcoin is for yhose people who have a hard time to find a job. Bitcoin can help all jobless people to have a job and to help their family. It also helps the evconomy to grow and to have a successful money. Those people who use bitcoin in a bad way they did not respect the real essence of it. they did not give importance to the others feeling.

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Because bitcoin is more secure, you can carry your phone with a bitcoin wherever you go and no one know that you have that much of a money in your phone unlike fiat money there's a possibility that you will get snatch by someone.

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Quote from: malekbaba on December 22, 2016, 04:57:22 AM

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.

Some people prefer having bitcoin than fiat money because they already know that having bitcoin is better than having fiat money. Having bitcoin can make you rich and successful in the future if you have the skills and knowledge on how will you make your bitcoin grow. You can gain a lot of profit with bitcoin. All you have to do is to monitor its price and know how its system works.

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