Topic: Why some people prefer Bitcoin over fiat ? - page 3. (Read 58499 times)
the ease of transferring money from one point to another and its secured transactions..you can do this at home or anywhere which has internet connections unlike fiat money you cannot send it online unless you have a bank account., but sometimes bank account transactions needs longer time to process for example holidays or something, bitcoins is more easy to use.
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.
How is this ANY different than fiat currency at present? For starters fiat currency has a massive lead over bitcoin when it comes to gambling,DL porn, and buying drugs. It's not even close. Secondly if it's legal than this is a morality issue for you bud, not a technical one. Bitcoin isn't anonymous and is not to blame for your views of what's an unhealthy part of society or what isn't.
Doing some shady activity will make you want to hide your real identity, with the help of bitcoin I can gamble without compelling myself to submit my real information and this is a great benefits of using bitcoin. It's not that I choose between the two because I believe they are both useful, I use fiat or bitcoin depending on the situation.
Dont get me wrong I am not an expert. But bitcoin is controled by the people, we dont realize if we hold that drives up the price, but the whales who own the majority of the bitcoin know that they can control the people (not bitcoin). So they sell a bunch of bitcoin at once which drives down the price and at the same time while the price is crashing they buy more bitcoin. So when the people who are afraid of losing more money sell their coins the whales buy them all up, and when there are no more weak hands to sell the whales start to drive up the price because they bought the coins at a discount and they need to sell the coins. If you want to get rich like a whale you have to think like a whale.
Doing some shady activity will make you want to hide your real identity, with the help of bitcoin I can gamble without compelling myself to submit my real information and this is a great benefits of using bitcoin. It's not that I choose between the two because I believe they are both useful, I use fiat or bitcoin depending on the situation.
I can not give an answer to this question, everyone thinks in his own way! I prefer to keep my money in the Crypto currency and in dollars! In my opinion, bitcoin is not as stable as the dollar and there is a chance to lose your money and time!
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 think people choose and use bitcoin over fiat because it is more secured and profitable at the same time. It is an advantage to have it because it is profitable and it could also provide us lot of opportunities to earn and save for the future. It just so happened that bad people are too abusive and using bitcoin for illegal transactions.
Many reason are here to prefer the bitcoin into fiat, but if you are talking about drug and porn sites and also any bad ways, where people using the bitcoin over the fiat. So don't blame to bitcoin, it is the mistake of the people and also our society. If we can't use the crypto currencies in these sites, than people who are using them, they can't left, definitely, than they will be used fiat currency.
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.
Because bitcoin is very easy to transact aside from that bitcoin has very low transaction fee and very quick. There are many online business that need bitcoins as their term of money because of its fast transaction and low fees. This is one reason people must prefer to use bitcoin. I would choose it any day and I don't have to worry about carrying around a bunch of cash with bitcoin.
But the fact remains that Bitcoin is not very widely accepted around the world. So there is not much use in carrying Bitcoin with you. You may need to convert it to cash, before using it for shopping.
If you are asking in a bitcoin forum / community why we are preferring bitcoin over fiat money, the answer is very obvious. And if you are asking the banks why people prefer to use fiat instead of bitcoin, you'll hear different degrading words from them. Frankly, I prefer to use bitcoin now it has a lot of use, online money, investment, bigger potential and it's decentralized.
For me I prefer bitcoin because it puts power in my hands. It is easier and more efficient than fiat and I would choose it any day and I don't have to worry about carrying around a bunch of cash with bitcoin.
We don't need to compare bitcoin with fiat money, because 99% of people would choose the fiat money over bitcoin. As far we know, bitcoin is going to provide a very good source of income for the people and it's price is also very high than any other currency because when you start investing here it can change your life.
Now there is really a lot of news that bitcoin is used in the criminal world, as well as by terrorists, etc. This news is beneficial for many countries that want to take control of the market, crypto-currency and crypto-exchange markets. But I do not think that this will reduce criminal criminality.
We know that Bitcoin is a big industry that can reach people of all countries and Bitcoin can be a new currency for every one. Bitcoin has negative aspects such as positive aspects. But I think that the positive side is more. Bitcoin is widely used in porn sites, gambling and drug dealing sectors, but it is not that Bitcoin is bad, we should not use it. In fact, Bitcoin changed the financial condition of many people.
I think those who really have knowledge about bitcoin's choose to use it , they are more comfortable in bitcoin's than fiat .
Good for investment
Convenient and have freedom.
Good for investment
Convenient and have freedom.
1.Bitcoin is a store of value,
2.it's limited supply so governments will not be able to steal money from buy by printting more money or quantitaive easing like they did during the financial crisis.
3. I can control my money not banks.
4. I can transfer globally without reporting to governments.
5. I can create my accounts without consent from government
There are thousands of reasons why I prefer Bitcoin over fiat.
2.it's limited supply so governments will not be able to steal money from buy by printting more money or quantitaive easing like they did during the financial crisis.
3. I can control my money not banks.
4. I can transfer globally without reporting to governments.
5. I can create my accounts without consent from government
There are thousands of reasons why I prefer Bitcoin over fiat.
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 prefer cryptocurrency more than fiat because investing on bitcoins today is very profitable and if you are smart enough to determine on when the market price will decrease or increase then there is no doubt that you will get rich immediately within just a few months.
I also trust crypto much more. First of all, I can improve my financial situation trading and investing in ICOs. Secondly, I often help my close people living abroad, and crypto transactions are cheaper than operations with fiat.
Also, this people has a chance to invest with bitcoin and it will not be affected with inflation unlike fiat.
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 prefer cryptocurrency more than fiat because investing on bitcoins today is very profitable and if you are smart enough to determine on when the market price will decrease or increase then there is no doubt that you will get rich immediately within just a few months.
I also trust crypto much more. First of all, I can improve my financial situation trading and investing in ICOs. Secondly, I often help my close people living abroad, and crypto transactions are cheaper than operations with fiat.
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.
Sometimes even how good the purpose of something there are still way of greedy people to make crimes just like buying drugs and for gambling. It is really hard to eliminate this kind of situation. But as a wise and responsible individidual you can use bitcoin in a good purpose just like using it buying something that are legal and it can also be your source of income in a good way of gaining it just like joining signature campaign.
More easy for transactions is my considering to use bitcoin over fiat money. Besides that, bitcoin also can use for long term investment, and I like gambling so, when gambling with bitcoin is more secure.
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