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Topic: Why some people prefer Bitcoin over fiat ? - page 61. (Read 58499 times)

hero member
Activity: 644
Merit: 500
Transact Safer / Chase Better
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.
hero member
Activity: 1680
Merit: 655
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.

Fiat, also, was not made to be used on porn sites, gambling, and drug dealing and yet fiat is also used in such manners. In relation to bitcoin, fiat and bitcoin were made to be used as a mode of payment. We cannot control how people will use their fiat/bitcoin. I would not say that it is a misuse of currency since bitcoin was used to pay porn site in order to view porn, used to bet in gambling, and payed bitcoin in exchange for drugs. They used bitcoin perfectly as a mode of payment. I say, it is unethical/immoral usage of bitcoin/fiat/currency since they used it illegally, immorally, and unethically.
You have a point not only bitcoin is being used in that activity but also fiat. Its up to them on how they will use the bitcoin wether it is good or not. And I think the creator of bitcoin is not made the bitcoin for that purpose.
We cannot ignore the fact that Drugs and Dark Web have a major contribution on where Bitcoin is now. The site Silk Road uses Bitcoin as a main currency for their transaction involving drugs. Also some sites related to torture and killing also accepts Bitcoin. Its not created to become a currency for doing bad things but it is fitted to do just that. The security you are getting makes you safe from getting behind bars.
sr. member
Activity: 1274
Merit: 293
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.

Fiat, also, was not made to be used on porn sites, gambling, and drug dealing and yet fiat is also used in such manners. In relation to bitcoin, fiat and bitcoin were made to be used as a mode of payment. We cannot control how people will use their fiat/bitcoin. I would not say that it is a misuse of currency since bitcoin was used to pay porn site in order to view porn, used to bet in gambling, and payed bitcoin in exchange for drugs. They used bitcoin perfectly as a mode of payment. I say, it is unethical/immoral usage of bitcoin/fiat/currency since they used it illegally, immorally, and unethically.
You have a point not only bitcoin is being used in that activity but also fiat. Its up to them on how they will use the bitcoin wether it is good or not. And I think the creator of bitcoin is not made the bitcoin for that purpose.
sr. member
Activity: 490
Merit: 252
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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.
newbie
Activity: 31
Merit: 0
I think this is very unreasonable, because by then the bitcoin transactions become easier and cheaper. We all know that in order to send money to a foreign country need cost more than $15 but with bitcoin need only $1.
full member
Activity: 154
Merit: 100
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.
hero member
Activity: 3178
Merit: 661
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An innovation always makes people active for a long. In such a manner people who truly understand the potential and strength it has in all forms prefer bitcoin over fiat though the acceptance is quite low at the moment.
I agree with you, many users prefer bitcoin than fiat. Because bitcoin has a unique distinction than fiat. That's what makes bitcoin interesting.

Many but not the majority of the worlds population, only few numbers of population knows about bitcoin so you can expect they will always use fiat as they see the convenience of using it. Bitcoin is created for online transaction and the reality is not a big number of people are into online, so that simply answer the question why people would prefer fiat.
hero member
Activity: 1148
Merit: 504
An innovation always makes people active for a long. In such a manner people who truly understand the potential and strength it has in all forms prefer bitcoin over fiat though the acceptance is quite low at the moment.
I agree with you, many users prefer bitcoin than fiat. Because bitcoin has a unique distinction than fiat. That's what makes bitcoin interesting.
legendary
Activity: 1372
Merit: 1008
An innovation always makes people active for a long. In such a manner people who truly understand the potential and strength it has in all forms prefer bitcoin over fiat though the acceptance is quite low at the moment.
Yeah i think many users prefer bitcoin than fiat. Because they think that bitcoin innovation is better than fiat. Because bitcoin actually presents something different than fiat
newbie
Activity: 28
Merit: 0
 I think most of the people used it for business purpose rather than for online selling and purchasing
hero member
Activity: 868
Merit: 504
has a lot of features and because of that features people from every field are getting benefits from  so they prefer  over fiat. For example the gamblers do not need to show their identity so they use only  for their uses. Cheesy Cheesy
Yes mate, There a wide range of feature the user of Bitcoin gets the benefits easily where Bitcoin is being used widely nor only many online sites also many public places in this world. I guess most people prefer bitcoin over fiat because It's tax free currency. There many other good reasons to use bitcoin.
sr. member
Activity: 406
Merit: 250
https://gexcrypto.io
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.

Fiat, also, was not made to be used on porn sites, gambling, and drug dealing and yet fiat is also used in such manners. In relation to bitcoin, fiat and bitcoin were made to be used as a mode of payment. We cannot control how people will use their fiat/bitcoin. I would not say that it is a misuse of currency since bitcoin was used to pay porn site in order to view porn, used to bet in gambling, and payed bitcoin in exchange for drugs. They used bitcoin perfectly as a mode of payment. I say, it is unethical/immoral usage of bitcoin/fiat/currency since they used it illegally, immorally, and unethically.
hero member
Activity: 756
Merit: 500
i think that bitcoin dont give a lot of information of user, so they will be safe from blackmailing
bitcoin go online of all transaction, so you dont need to go outside of your house
that bitcoin used world wide that everybody can use making it easier to send the money across the country
and last that bitcoin address is hard to penetrate by the hacker making you at ease
almost forgot that bitcoin is free from monthly administration fee Cheesy (except for transfer fee)
hero member
Activity: 686
Merit: 521
People still prefer bitcoin over fiat because they see a lot of potential and possibilities in bitcoin and i think they earn more money in using bitcoin except in fiat that they earn but it is just a small amount everyday. If i will choose between those two then i would still choose fiat because bitcoin is not yet fully stable and anything worst can happen so i will play safe.

For me, especially when dealing online, I would prefer in bitcoin. It is safe,fast and reliable and anonymous too.Once it is sent, you can check on the blockchain and monitor its progress.Transacting bitcoin online is hassle free. Though there are lag reports this past days, but still its ok.

That is the best when we talk about online selling or buying some stuffs, you can easily send or received a bitcoin and you can monitor it but in real world only few are accepting bitcoin as payment and mostly they didnt recognize it so it is a little bit not worthy in real life so you should convert it in real fiat.
correct, when is comes to selling or buying stuffs online bitcoins have a better security over fiat has you do not need to provide a lot of information about your self,things like credit numbers are not required to complete a transaction and transactions will not be flagged pending scrutiny from the bank to authorize a transaction...bitcoin is simply hassle free and can be used any where any time without restrictions .
newbie
Activity: 56
Merit: 0
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. For example the gamblers do not need to show their identity so they use only bitcoin for their uses. Cheesy Cheesy
sr. member
Activity: 490
Merit: 250
People still prefer bitcoin over fiat because they see a lot of potential and possibilities in bitcoin and i think they earn more money in using bitcoin except in fiat that they earn but it is just a small amount everyday. If i will choose between those two then i would still choose fiat because bitcoin is not yet fully stable and anything worst can happen so i will play safe.

For me, especially when dealing online, I would prefer in bitcoin. It is safe,fast and reliable and anonymous too.Once it is sent, you can check on the blockchain and monitor its progress.Transacting bitcoin online is hassle free. Though there are lag reports this past days, but still its ok.

That is the best when we talk about online selling or buying some stuffs, you can easily send or received a bitcoin and you can monitor it but in real world only few are accepting bitcoin as payment and mostly they didnt recognize it so it is a little bit not worthy in real life so you should convert it in real fiat.
sr. member
Activity: 1162
Merit: 450
People still prefer bitcoin over fiat because they see a lot of potential and possibilities in bitcoin and i think they earn more money in using bitcoin except in fiat that they earn but it is just a small amount everyday. If i will choose between those two then i would still choose fiat because bitcoin is not yet fully stable and anything worst can happen so i will play safe.

For me, especially when dealing online, I would prefer in bitcoin. It is safe,fast and reliable and anonymous too.Once it is sent, you can check on the blockchain and monitor its progress.Transacting bitcoin online is hassle free. Though there are lag reports this past days, but still its ok.
sr. member
Activity: 2436
Merit: 343
People still prefer bitcoin over fiat because they see a lot of potential and possibilities in bitcoin and i think they earn more money in using bitcoin except in fiat that they earn but it is just a small amount everyday. If i will choose between those two then i would still choose fiat because bitcoin is not yet fully stable and anything worst can happen so i will play safe.
sr. member
Activity: 476
Merit: 250
An innovation always makes people active for a long. In such a manner people who truly understand the potential and strength it has in all forms prefer bitcoin over fiat though the acceptance is quite low at the moment.
I think not everyone thinks so. May be just a bitcoin user who says that bitcoin is better than fiat. The reason is simple. Because bitcoin is more profitable lol
full member
Activity: 294
Merit: 100
Through the time Bitcoin has been running, it has been attacked countless of times but still standing firm that proves that the security of your hard earned bitcoin would not just be hacked or vanish for it has establish a trust in the users and can't just be gone in a snap of your fingers because of the fact that it is decentralized so no one can really dictate they would just end Bitcoin.
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