Topic: Why some people prefer Bitcoin over fiat ? - page 63. (Read 58499 times)
Bitcoin is a potential investment tool, this crypto system is fully anonymous and that's make it special, some people love to gamble or play casino and they dont want to show there names and how much they lost or win and this is a really good benefit. Plus it's more safer to use bitcoin on internet, you cant be robbed, as if you use your credit card, payments are a lot more easier with bitcoin, and if your goverment politics trying to limit you in transactions and amount what you can spend, crypto currenices have unlimited amounts of transactions and novody will tell you that you've used too much
bitcoin gives us opportunity to earn money
This might be due to we are having same name for unit and for the system. Bitcoin is the only name for the unit we are transacting and the whole system we are into.I agree there are a lot of earning opportunities coming only due to the introduction of bitcoin ecosystem and before bitcoins, we are not finding these many opportunities with fiats. Cloud mining/faucets/signature campaign are few example for it.
No fiats nor gold is is giving good ROI and bitcoin staying as the leader in the investment industry. This must be the biggest reason, people are preferring bitcoin over fiat. I guess this will continue for centuries because bitcoin prices are speculated to grow rapidly due to its potentials.
In general, fiat loses it's value overtime while bitcoin increases and only if they both perform well.
I guess the real distinction of the two is they have a separate strength while bitcoin is only limited for online transactions and investment.
Because with BTC you don't have to wait for days and days before your transaction is confirmed and there are no big taxes,whereas if you send cash there are different taxes depending on the volume of the transaction.Also with BTC you can hope that it's value can increase and you can also profit from that,whereas cash actually can't even hold it's value in a prolong period of time
bitcoin gives us opportunity to earn money
This might be due to we are having same name for unit and for the system. Bitcoin is the only name for the unit we are transacting and the whole system we are into.I agree there are a lot of earning opportunities coming only due to the introduction of bitcoin ecosystem and before bitcoins, we are not finding these many opportunities with fiats. Cloud mining/faucets/signature campaign are few example for it.
No fiats nor gold is is giving good ROI and bitcoin staying as the leader in the investment industry. This must be the biggest reason, people are preferring bitcoin over fiat. I guess this will continue for centuries because bitcoin prices are speculated to grow rapidly due to its potentials.
yes bitcoin gives us opportunity to earn money and do transactions instantly and have many other good reasons to use bitcoin. well they are boon for bitcoin and we support them for liking bitcoin.
If you see good, you will know very well that Btc used for contraband...
it may be done, considering the bitcoin is a great payment method to the black market because it is anonymous so your identity will not be revealed and will definitely secure 
The trade of bitcoin for goods or services is very less as compared to that of Fiat.
But still there are some firms or forums which accept bitcoin in the form of payment etc.
Mostly the use of bitcoins is for gambling , Casino, drug trade , creating premium accounts in porn sites etc.
Thus some of the poeple use BTC for such things👆.
It can be said as a misuse which is difficult to do in case of Fiat.
On the positive side many people prefer bitcoins.
This is because it can be considered as a form of investment .
They may earn profit from it.
These are some of the reasons why in some places BTC is prefered over fiat.
( I don't want to mention UNDERWORLD)
But still there are some firms or forums which accept bitcoin in the form of payment etc.
Mostly the use of bitcoins is for gambling , Casino, drug trade , creating premium accounts in porn sites etc.
Thus some of the poeple use BTC for such things👆.
It can be said as a misuse which is difficult to do in case of Fiat.
On the positive side many people prefer bitcoins.
This is because it can be considered as a form of investment .
They may earn profit from it.
These are some of the reasons why in some places BTC is prefered over fiat.
( I don't want to mention UNDERWORLD)
The most important thing about bitcoins is that when u buy things with bitcoins you dont have to give tax . It is very important to note that bitcoin is being widely used in the deep web for different purposes.other than that bitcoin is being used for other different purposes also like shopping , buying stuffs from the internet.
From what I know, the government has no control over bitcoin so bitcoin itself doesn't have taxes, we don't have to pay taxes for it but taxes are imposed on every product that we buy and use. So there is no way of escaping from duty. But I do agree that bitcoin is quite popular in deep webs for various things like gambling, buying drugs,etc.
The most important thing about bitcoins is that when u buy things with bitcoins you dont have to give tax . It is very important to note that bitcoin is being widely used in the deep web for different purposes.other than that bitcoin is being used for other different purposes also like shopping , buying stuffs from the internet.
From what I know, the government has no control over bitcoin so bitcoin itself doesn't have taxes, we don't have to pay taxes for it but taxes are imposed on every product that we buy and use. So there is no way of escaping from duty. But I do agree that bitcoin is quite popular in deep webs for various things like gambling, buying drugs,etc.
If you see good, you will know very well that Btc used for contraband...
Bitcoin offering faster payment transaction especially people want to transfer worldwide compare when they using fiat with WU
Also bitcoin provide smaller fee compare WU. If only bitcoin's value stable enough, I think all people will use bitcoin right now and the value will increased twice from current value
Also bitcoin provide smaller fee compare WU. If only bitcoin's value stable enough, I think all people will use bitcoin right now and the value will increased twice from current value
There's a lot of reasons why people prefer to use the btc over fiat.
I think one of their reason why they stick to btc, its because btc has a lot of great features than the fiat and its also much more profitable than the fiat.
Profitable? there is high risk of losing money tooI think one of their reason why they stick to btc, its because btc has a lot of great features than the fiat and its also much more profitable than the fiat.
I think most user prefer bitcoin for because it cost less to send money and you don't have to pay taxes for transaction made using bitcoin.
yes bitcoin does have its advantage because bitcoin gives the user opportunity to earn money and ma happy living just with a smartphone or laptop. bitcoin have good points like price hike which results in more value of available bitcoin in wallet.
Yeah I think bitcoin is much easy to earn as compare to fiat money or real money because for this you just have a laptop or pc and a internet connection for this purpose so, you have make money through different means through it. If you compare a freelancer and a member who is making money through signature campaign or trading. You will find the difference.
But in this digital era, preferring bitcoin would be a right choice IMHO.
The most important thing about bitcoins is that when u buy things with bitcoins you dont have to give tax . It is very important to note that bitcoin is being widely used in the deep web for different purposes.other than that bitcoin is being used for other different purposes also like shopping , buying stuffs from the internet.
From what I know, the government has no control over bitcoin so bitcoin itself doesn't have taxes, we don't have to pay taxes for it but taxes are imposed on every product that we buy and use. So there is no way of escaping from duty. But I do agree that bitcoin is quite popular in deep webs for various things like gambling, buying drugs,etc. 
There's a lot of reasons why people prefer to use the btc over fiat.
I think one of their reason why they stick to btc, its because btc has a lot of great features than the fiat and its also much more profitable than the fiat.
Profitable? there is high risk of losing money tooI think one of their reason why they stick to btc, its because btc has a lot of great features than the fiat and its also much more profitable than the fiat.
I think most user prefer bitcoin for because it cost less to send money and you don't have to pay taxes for transaction made using bitcoin.
The most important thing about bitcoins is that when u buy things with bitcoins you dont have to give tax . It is very important to note that bitcoin is being widely used in the deep web for different purposes.other than that bitcoin is being used for other different purposes also like shopping , buying stuffs from the internet.
well it depends on where you buy it from, if it is from an ordinary online shop then you would still need to pay taxes as they usually just convert bitcoins to fiat and then process your order in fiat instead of bitcoins. I prefer bitcoins over fiat because the price of the bitcoin can be booming in the future while fiat is always gonna be stable or even go down a little bit with 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 what people do with their coins is just their business, as long as it is not against the law (that excludes using bitcoins for drugs).
But porn or gambling? If somebody has fun with that, let him. I don't judge.
And that surely is no misuse of bitcoin.
Some holders uses their bitcoins in illegal transactions but there is no difference with fiat since it can also be used with the same transaction, and in fact, more people are using fiat for illegal transactions than with bitcoin holders.
The most important thing about bitcoins is that when u buy things with bitcoins you dont have to give tax . It is very important to note that bitcoin is being widely used in the deep web for different purposes.other than that bitcoin is being used for other different purposes also like shopping , buying stuffs from the internet.
I am pretty sure that you are in urgent need to learn enough about the bitcoin and not rely only in news media and TV channels from your country. Everywhere you buy things you pay taxes because the last price which equals the net value plus tax is converted from fiat to bitcoin the transaction time. As an example assuming that someone wants to buy ledger nano. On the other side if someone uses bitcoin in deep web is more easier for law enforcement authorities to catch him in contrast with fiat money because bitcoin is not anonymous but only pseudonymous.
There's a lot of reasons why people prefer to use the btc over fiat.
I think one of their reason why they stick to btc, its because btc has a lot of great features than the fiat and its also much more profitable than the fiat.
Profitable? there is high risk of losing money tooI think one of their reason why they stick to btc, its because btc has a lot of great features than the fiat and its also much more profitable than the fiat.
I think most user prefer bitcoin for because it cost less to send money and you don't have to pay taxes for transaction made using bitcoin.
well people are mostly using bitcoin as an investment and so far it has been a great investment for those who are trading it day to day and also for those that have been going long by just buying some and putting it away in a cold storage for ages.
but people are not just preferring bitcoin because it is an investment they do it because bitcoin is decentralized and also it gives them more anonymity than fiat can give them. also merchants prefer it because it has no charge-back.
There's a lot of reasons why people prefer to use the btc over fiat.
I think one of their reason why they stick to btc, its because btc has a lot of great features than the fiat and its also much more profitable than the fiat.
Profitable? there is high risk of losing money tooI think one of their reason why they stick to btc, its because btc has a lot of great features than the fiat and its also much more profitable than the fiat.
I think most user prefer bitcoin for because it cost less to send money and you don't have to pay taxes for transaction made using bitcoin.
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