Why some people prefer Bitcoin over fiat ? - page 60.

Wapfika

hero member

Activity: 1288

Merit: 564

Bitcoin makes the world go 🔃

Quote from: 8Habits on June 12, 2017, 06:43:30 PM

Quote from: TedMosby on May 18, 2017, 10:11:16 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.

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.

8Habits

sr. member

Activity: 756

Merit: 294

Quote from: TedMosby on May 18, 2017, 10:11:16 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.

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.

TedMosby

sr. member

Activity: 1120

Merit: 438

https://bitcointalk.org/index.php?topic=5274318.0

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.

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.

v0rtecxz

sr. member

Activity: 406

Merit: 251

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,

phaddie

sr. member

Activity: 308

Merit: 250

When it comes to carrying money then I think carrying bitcoin is much safer then fiat as there is no chance that your bitcoins will be get stolen or get robbed by the thieves and even you can carry any amount of bitcoins in your wallet and no one would come to know how much money you are carrying with you.

8Habits

sr. member

Activity: 756

Merit: 294

Quote from: Winner on May 08, 2017, 04:47:42 PM

Quote from: entebah on May 08, 2017, 12:23:15 PM

Bitcoin has removed limits on which internet users are still constrained by country's regulation over use of its money. For example paypal service, which is not available in all countries, even some countries on blacklist by paypal. While bitcoin, received in all online services. Shopping or anything can use bitcoin to pay for it.

That is one of the most important feature that Bitcoin has that people like to talk about since they have experienced something bad with the other companies like the one that you mentioned.
Personally, I like to use Bitcoin because the money is much easier to make when I do things online. Bitcoin payments may not be a future money thing though I already have a feeling that Bitcoin will be an important thing in some people’s life.

That is true. I even have a friend that all he talks is bitcoin. I mean, whenever he wants to buy something both through online or brick and mortar store, his base of conversion is bitcoin. His primary money is bitcoin and the rest is just secondary and need to be converted before using it. Bitcoin indeed plays an important role in my friend's life.

Winner

legendary

Activity: 1190

Merit: 1000

Look ARROUND!

Quote from: entebah on May 08, 2017, 12:23:15 PM

Bitcoin has removed limits on which internet users are still constrained by country's regulation over use of its money. For example paypal service, which is not available in all countries, even some countries on blacklist by paypal. While bitcoin, received in all online services. Shopping or anything can use bitcoin to pay for it.

That is one of the most important feature that Bitcoin has that people like to talk about since they have experienced something bad with the other companies like the one that you mentioned.
Personally, I like to use Bitcoin because the money is much easier to make when I do things online. Bitcoin payments may not be a future money thing though I already have a feeling that Bitcoin will be an important thing in some people’s life.

Rizky Aditya

hero member

Activity: 700

Merit: 500

Quote from: johnwest on May 08, 2017, 12:29:45 PM

I think my opinion is quite different from others here. Most of the People prefer Bitcoin over Fiat because of the conversion rates of Bitcoin to USD and then to everyone's local currency. Users can earn BTC or altcoins from the internet and in conversion they will get a nice amount of Fiat.

yes this is the main reason that most of the people prefer bitcoin over fiat because the conversion of bitcoin into local currency is very good and people can get good benefits from the conversion and also the transaction of bitcoin to any other place is very easy and cheap as compare to fiat and bitcoin is also tax free.

Vikingr

hero member

Activity: 798

Merit: 500

Quote from: Sex Video Chat VKcams.com on May 08, 2017, 02:59:53 AM

Quote from: Blue Jack on May 08, 2017, 02:56:44 AM

that in order to send money to a foreign country need cost more than $15 but with bitcoin need only $1.

In case of mistake You will lose all Your money, and the bank transfer is reversible in some cases.

It is a tested currency and people are using this currency from ears and they are keeping care while sending money to any person and here on this forum you can see least or near to nothing cases in which people send money to a wrong address. Everyone take extreme care while sending their money. So bitcoin is safe for to use as international transaction.

Rinder

hero member

Activity: 868

Merit: 500

Online market does represent around 10-30% some companies sales already, since they make usually a lot promotions over web, bitcoin is a digital coin, wich makes it perfect match since you can use it to shopping the same way if you were using a debit or credit card, the only issue yet is the merchants in the general arent yet working with it. Besides those some people are mooving their savings into bitcoin, due to its potencial to get value over time, and volatility.

phr0stbyt3

hero member

Activity: 672

Merit: 500

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.

Those people who are actually preferring bitcoin over fiat are totally correct because both bitcoin and fiat have no connection. Bitcoin is more like a online currency like PayPal and also more like a online investment platform or online gold. So what connection a 90% online currency has to do with something that is offline.

sikke

sr. member

Activity: 504

Merit: 250

I cannot realły get the whole subject of the discussion, and what is question about, even when i have read the thread name few times.
I thought it is kind of obvious that people prefer fiat currencies over cryptocurrencies, and same with the reasons, they are pretty clear for me and I cannot understand how can someone not think about the exact same thing.

You dont use BTC to pay your bills, you rather dont use it to make everyday shopping such as groceries or even when you go to mall to buy clothes.
Fiat is much easier to use plus it is accepted everywhere.

johnwest

hero member

Activity: 1106

Merit: 503

BabelFish - FISH Token Sale at Sovryn

I think my opinion is quite different from others here. Most of the People prefer Bitcoin over Fiat because of the conversion rates of Bitcoin to USD and then to everyone's local currency. Users can earn BTC or altcoins from the internet and in conversion they will get a nice amount of Fiat.

entebah

full member

Activity: 1489

Merit: 150

Bitcoin has removed limits on which internet users are still constrained by country's regulation over use of its money. For example paypal service, which is not available in all countries, even some countries on blacklist by paypal. While bitcoin, received in all online services. Shopping or anything can use bitcoin to pay for it.

Jewell

hero member

Activity: 490

Merit: 500

Quote from: btcdiggingmaster on May 08, 2017, 03:51:03 AM

Nowadays most of the online stores are accepting online payments to buy any item in the market, so already in many stores owners are accepting bitcoin, bitcoin is the completely different type of asset where it gives more benefits in the form of accepting it.

in fact in previous time most of the online shops were using paypal for payment, but now most of the shops also have the the bitcoin option for payment. for me i myself using bitcoin for shopping, actually paypal service is not available in my country but after bitcoin acceptance it is not a problem for me to do online shopping. i can do any type of shopping online.

doomloop

hero member

Activity: 2408

Merit: 584

Quote from: chickenado on May 08, 2017, 05:22:33 AM

Some people prefer bitcoin over fiat because there are many reasons like they can earn here in bitcoin, they can transact worldwide legal or illegal transaction without trace. I prefer using bitcoin because I'm earning here without doing hard job not like in fiat work you need to work 8 hours in small profit.

yes you are right that some people prefer bitcoin over fiat like me it is because bitcoin give opportunity to many people for earning money and it is very easy to use and also for those who don't have job they can easily earn bitcoin only with smart phones or laptop etc and also look at the price of bitcoin it is increasing day by day, and if we have bitcoin and keep it for some time then we can make good profit from it.

chickenado

hero member

Activity: 1036

Merit: 502

Some people prefer bitcoin over fiat because there are many reasons like they can earn here in bitcoin, they can transact worldwide legal or illegal transaction without trace. I prefer using bitcoin because I'm earning here without doing hard job not like in fiat work you need to work 8 hours in small profit.

akar87

sr. member

Activity: 980

Merit: 250

$CYBERCASH METAVERSE

Because bitcoin is easier also practical for use in the web world. Many store stores provide our needs using bitcoin. Bitcoin can save a bit of expense, because tx fee is quite small.

SoeNan89

sr. member

Activity: 784

Merit: 250

Quote from: alphablitzer on May 07, 2017, 11:30:28 PM

I think some people prefer Bitcoin because of it's anonymity, whatever their purpose for purchasing bitcoin or whatever they will do with it, it's up to them. The thing is that it's the owners purpose on what you are going to do with it I just hope it's not illegal or something because that's what gives people to say that Bitcoin is bad.

Actually, the Bitcoin system is very transparent, only its users are anonymous.
We can see the Bitcoin transaction is very detail of from where and where the transactions we used.

anami57

hero member

Activity: 798

Merit: 500

Bitcoin is widely adopted by online entrepreneurs as a means of payment, as they see opportunities and potentials in bitcoins. With bitcoin, many internet users will be able to enjoy cost-saving delivery facilities.

Topic: Why some people prefer Bitcoin over fiat ? - page 60. (Read 58499 times)