Topic: Why some people prefer Bitcoin over fiat ? - page 59. (Read 58499 times)
These are not the only field BTC is used in, as BTC is now widely used in almost any market (from gold bullions to buying refreshments in local stores), BTC is good for porn, gambling for it's private nature, since people find these embarrassing most of the time. Drugs are because of anonymous nature, since these are illegal.
I feel that my need for bitcoin is higher than fiat. Probably because right now, my main stain comes from bitcoin. Well, maybe if other people are doing the same thing, i think it will also exceed the fiat.
If you can find a vendor who accepts Bitcoin, it's easier to pay with it than fiat. It'll take longer for you convert bitcoin to fiat (plus fees). If everyone accepted bitcoin, I wouldn't mind using it over fiat.
Some people prefer bitcoin over fiat because on some places bitcoin is tax free. I guess it's not bad to use bitcoin for something as long as you're not breaking any law/rules from your place. There's much more misuses of btc but if we continue this discussion it's getting kinda off topic when the title is about bitcoin and fiat.
yes . I agree with you.Each one has its own smart choice. Because of the bitcoin's value, the charge is cheap, easy to transact. Maybe they think that investing in bitcoin will be better than other activities.
Because fiat has limitations, for example not everyone can have a bank account, and without that buying on the Internet is impossible with bitcoin you can open a bank account without any effort and then you can buy some bitcoin to put in your wallet and now you have access to products and services that you could not reach before.
See just like any other currency is also used for illegal activities, Bitcoin is also used for illegal activities. Bitcoin is not an exemption for such acts. It cannot be prevented from using for such causes, unless the user himself avoids such activities. Otherwise, Bitcoin is such a nice innovative currency.
Holding money causes a lot of trouble and born many issues. The most dangerous things that appear when we hold money is the inflation. The value of fiat will keep decreasing every year. Holding bitcoin is different, the price always goes up and it is 100% against the inflation
The fact is that you can carry any amount of bitcoins in your wallet and on one would be aware about it and no one can rob you or steal your money which is generally the case with fiat money especially if you are carrying a higher amount.
I don't see any sense here. Both are prone for stealing no matter what.
In case of fiat, is majority of the people will bring millions on their pocket on the way? The security of fiat or bitcoin depends on the user itself and can't just be blame by intentional act. So for that kind of thing, I see that isn't a big reason for people to prefer bitcoin over fiat.
BTC is not always used for the wrong thing, but keep in mind that we diforum this goal to find the right money. For business gambling and porn site affairs is not our problem. We just need to find a lot of money.
For future generations as well as our families, it would be nice to define them from such crimes. Gambling, porn sites and others by blocking these sites.
For future generations as well as our families, it would be nice to define them from such crimes. Gambling, porn sites and others by blocking these sites.
Because bitcoin is better for online purchases and international transfers and bitcoin has the excellence of faster and simpler transactions than using fiat.
That might be a reason. Also this has provided with a growth on the bitcoin holdings unlike other currencies where the value is always the same. For this reason people consider it an investment and try to invest into bitcoin than holding fiat or cash.
I prefere bitcoin over fiat especially when we are tslking about investments because it has higher return and the possibility of more increase in value in the future. It is also more convenient to use than fiat because it can be send anywhere as lonh as there is bitcoin wallet.
lets see
1) tax evasion (not advocating this, but people do)
2) safety
3) store of value (rather than depreciating fiat crap)
4) revolutionary technology
5) chance to make big $$$
6) privately obtaining things they perhaps otherwise would not (whether its illegal or not)
list goes on and on and on. Two guys below also identified really good reasons for using bitcoin too. The list is truly endless, it is the best thing to happen to this world in a really long time
this, for BIG purchases online, worldwide, or locally it is safer and cheaper.
also this, nobody would know you have any BTC on you. its safe
1) tax evasion (not advocating this, but people do)
2) safety
3) store of value (rather than depreciating fiat crap)
4) revolutionary technology
5) chance to make big $$$
6) privately obtaining things they perhaps otherwise would not (whether its illegal or not)
list goes on and on and on. Two guys below also identified really good reasons for using bitcoin too. The list is truly endless, it is the best thing to happen to this world in a really long time
Because bitcoin is better for online purchases and international transfers and bitcoin has the excellence of faster and simpler transactions than using fiat.
this, for BIG purchases online, worldwide, or locally it is safer and cheaper.
Bringing fiat in large amounts is very risky, yesterday I saw the news on tv that there was a fiat money robbery, and the person who was robbed was killed. It is terrible to carry fiat money in large quantities. We better use bitcoin, tax free and easy to transaction
also this, nobody would know you have any BTC on you. its safe
Bringing fiat in large amounts is very risky, yesterday I saw the news on tv that there was a fiat money robbery, and the person who was robbed was killed. It is terrible to carry fiat money in large quantities. We better use bitcoin, tax free and easy to transaction
btc is not made for used in porn sites
Ohh, BTC is made to pray on it?
Because bitcoin is better for online purchases and international transfers and bitcoin has the excellence of faster and simpler transactions than using fiat.
The fact is that you can carry any amount of bitcoins in your wallet and on one would be aware about it and no one can rob you or steal your money which is generally the case with fiat money especially if you are carrying a higher amount.
I think using bitcoin is more practical, because bitcoin can be used anytime and anywhere, and security for users is more secure, for bitcoint transaction speed is superior, and bitcoint is not bound by any institution,
Yes I agree with you, a lot fiat disadvantages that makes people get saturated of using it. There are a lot of bitcoin's advantages that can make people prefer bitcoin over fiat. Are you kidding me? and what about those people who have never heard about bitcoins? do you feel that they will also choose bitcoins over fiat? Dont forget the users of fiat are more in compare to bitcoins and that will be the same even in future.
This two can exist together, it will be more helpful to give people with different choices to use for online transaction and we have to consider that more offline transactions are happening than online.
I think using bitcoin is more practical, because bitcoin can be used anytime and anywhere, and security for users is more secure, for bitcoint transaction speed is superior, and bitcoint is not bound by any institution,
Yes I agree with you, a lot fiat disadvantages that makes people get saturated of using it. There are a lot of bitcoin's advantages that can make people 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.
Ofcourse bitcoin was never created for gambling and other illegal activities. It's just a misuse of people who has a wrong motive from the very start. If we are going to analyze the use of bitcoin, we can be so sure that bitcoin is better than fiat. What makes the image of bitcoin become bad are the individual who uses it in illegal activities. What matters is that we are using it in a positive and we enjoy the benefits of bitcoin to our life.
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 forget to mention bitcoin for a ransom.
like ransomware wannacry virus.
and you know what, few years ago, there are a terrorist in indonesia that want to be paid in bitcoin.
this is bring the bitcoin to the next level of crime.
I also heard that some illegal transactions are being made through altcoins due to its anonymity. But hey, illegal transactions are being made even with fiat money. The point is, we should weight bitcoin by its use, convenience, and value than by this isolated illegal transactions.
Indeed,we must see the more importance of btc, its role and its application we cant really knew what other thing it can offer to us,but its too beneficial to lose.
That is right Warfika, we should focus and explore more on what we can do with bitcoins because it is just too good to lose. That is precisely the reason why its price is getting higher and higher due to its benefits.
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