That's one reason for investing in btc.
Topic: Why some people prefer Bitcoin over fiat ? - page 71. (Read 58499 times)
In countries like venezuela, bitcoin is much more stable and less prone to inflation than the native currency.
That's one reason for investing in btc.
That's one reason for investing in btc.
Bitcoin is private, secure, transparent, tamper-proof, easy for international transfers. All these are much better than fiat. Of course I don't think bitcoin will replace fiat due to its limited quantity.
Yes it is, and that's the reason why some use it in their illegal activities and on things that they don't want their names to be exposed in public. It doesn't matter whether it replaces fiat or not, the thing is, you can use it in activities that you want as long as it is accepted.
Actually watching porn is not a crime, only that when you keep on watching it, you might end up looking for a real thing. So using bitcoin in paying your subscription in a porn site is just fine I think.
I see it as ease of doing transactions and it has nothing to do with morality and such values. Criminals will use bitcoin if they find that it is better than fiat currency but that doesn’t mean bitcoin is wrong or criminal’s currency. I am not favouring illegal activities but yes, bitcoin is far more useful for everyone and sadly for criminals too.
Bitcoin is private, secure, transparent, tamper-proof, easy for international transfers. All these are much better than fiat. Of course I don't think bitcoin will replace fiat due to its limited quantity.
Yes it is, and that's the reason why some use it in their illegal activities and on things that they don't want their names to be exposed in public. It doesn't matter whether it replaces fiat or not, the thing is, you can use it in activities that you want as long as it is accepted.
Actually watching porn is not a crime, only that when you keep on watching it, you might end up looking for a real thing. So using bitcoin in paying your subscription in a porn site is just fine I think.
Bitcoin is private, secure, transparent, tamper-proof, easy for international transfers. All these are much better than fiat. Of course I don't think bitcoin will replace fiat due to its limited quantity.
However even it will not be able to replace fiat still many of us prefer to use bitcoin as a lot of opportunities are already with bitcoin. And we are just the one on what opportunity we are going to grab in it. Bitcoin is really a big help for us especially that has loved ones abroad that wants to send money with lesser fees.
Bitcoin is private, secure, transparent, tamper-proof, easy for international transfers. All these are much better than fiat. Of course I don't think bitcoin will replace fiat due to its limited quantity.
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 are about right with the word "unhealthy".
However, we are talking about money here.
As long as it is money people will just use it however they want, whatever the outcome would be.
A variety of people use this, poor people who want to earn easy money, rich people who want to become even more rich.
In my own opinion since I am new in crypto world,
I prefer to use this bitcoin of its secured identity given to the users but I am not a drug users or in illegal actions to choose this reason but to compare this to other transaction using fiat I guess this is well secured to the users like using the bank transactions, even name is not given in bitcoin transaction..
I prefer to use this bitcoin of its secured identity given to the users but I am not a drug users or in illegal actions to choose this reason but to compare this to other transaction using fiat I guess this is well secured to the users like using the bank transactions, even name is not given in bitcoin transaction..
There may be a few who would prefer bitcoin over fiat, but it would be hard to live on bitcoin alone. Sure it is a good thing but fiat is undeniably still the most used currency around. Maybe as an investment, I would say it is nice to have bitcoin, but as primary currency, it is going to take a while before it starts gaining obvious support from the masses.
Not in the way using it in buying drugs, watching porns, and dealing with illegal activities, it is the best currency for shady jobs... It will take the authority time before finding out about what you are doing, and before they could find you, you already escaped...
The thing is, it is easier to use bitcoin when dealing with things that you want your hands to look clean... I think that's not a misuse of technology, it's normal if we are considering bitcoin as currency...
well ofcourse people will prefer bitcoin over fiat due to the fact that you can be anonymous. your identity will be hidden. if you want to engage in porn sites, you can without people knowing who you really are. there are just so many advantages you can acquire in usibg bitcoin over fiat. EASY. CONVINIENT. ANONINITY. TRANSPARENT. ITS NOT INFLATIONARY, etc.
There may be a few who would prefer bitcoin over fiat, but it would be hard to live on bitcoin alone. Sure it is a good thing but fiat is undeniably still the most used currency around. Maybe as an investment, I would say it is nice to have bitcoin, but as primary currency, it is going to take a while before it starts gaining obvious support from the masses.
People are mostly using bitcoin as an investment more than a currency. Because there is not a lot of places accepting bitcoin so that people can use it as a currency like fiat, so i don't really feel we should compare fiat and bitcoin right now like this. Because people prefer bitcoin as an investment, as a source of earning profits but not as a currency, atleast not for now.
But the reason for that is that bitcoin is delivering the promises fiat has never been able to fulfill, fiat is supposed to be a store of value and that is simply not true while bitcoin is a store of value so it is no wonder people are keeping their bitcoin and spending their fiat when they can.Bitcoin has been deemed the people's coin or the coin of freedom for many and the fact that it has a limited supply as opposed to fiat currency that can be printed all the time by the central banks, makes it more appealing as a store of value, like gold, I believe.
Also no one prevent us from spend our money, some country give limitation for the bank customers to withdrawl their money. Bitcoin is better than gold as short time investment. 
Today we have seen many currencies from different parts of the world, when compared to other currency bitcoin is fastest growing crypto currency. So many people showing interest towards bitcoin because it is completely new technology and the value of bitcoin is very when compared other currency and it has very low transaction fee where nobody can identify to whom we are transferring.
We are using both of them especially to those users that converts their bitcoins to fiat and vice versa just to purchase products and services either online or physical store. So I use them at the same time everyday.
Yeah keeping our BTC in an online wallet is more safer/secured.
Cash is good for offline transaction and bitcoin is good in online transaction, they have their own strength that can give us the best benefit when using it. I guess we have to accept that fact that even bitcoin will not exist fiat is still there, the situation now is just giving us convenience due to the growing popularity of bitcoin which creates solid adoption.Yeah keeping our BTC in an online wallet is more safer/secured.
Some they named bitcoin only as the money for internet but that is not really true. Till now many people use it as commodity in exchange markets and for savings if there is economic crisis in their country. Also some they use it to overcome the hassle of capital controls and transfer funds abroad. The way I see it is we can use it more often in everyday life when problems like as transaction fees and confirmation times are settled. I am pretty confident that in the near future more people will use it instead of fiat money not only online but in brick-and-mortar stores too.
Bitcoin has been deemed the people's coin or the coin of freedom for many and the fact that it has a limited supply as opposed to fiat currency that can be printed all the time by the central banks, makes it more appealing as a store of value, like gold, I believe.
Because using bitcoin does not require many requirements and it can be use by everyone anonymously. Also, unlike fiat, bitcoin has the chance to increase its value without the help of the banks. It is also more convenient because you can shop online and send payment by wallet to wallet transactions. Bitcoin for me is much better than fiat 
I personally prefer bitcoins over fiat no matter whether they are used by any wrong identities, because when I know I am loyal on my part, I should not fear.
What should we be afraid of while using bitcoins when we have proof of what we used them for?
I use it because the liquidity in price gives me a chance to get things for cheaper, with discounts that we get just because bitcoin is in adapting phase and not too much spread.
What should we be afraid of while using bitcoins when we have proof of what we used them for?
I use it because the liquidity in price gives me a chance to get things for cheaper, with discounts that we get just because bitcoin is in adapting phase and not too much spread.
We are using both of them especially to those users that converts their bitcoins to fiat and vice versa just to purchase products and services either online or physical store. So I use them at the same time everyday.
Yeah keeping our BTC in an online wallet is more safer/secured.
Cash is good for offline transaction and bitcoin is good in online transaction, they have their own strength that can give us the best benefit when using it. I guess we have to accept that fact that even bitcoin will not exist fiat is still there, the situation now is just giving us convenience due to the growing popularity of bitcoin which creates solid adoption. Yeah keeping our BTC in an online wallet is more safer/secured.
We are using both of them especially to those users that converts their bitcoins to fiat and vice versa just to purchase products and services either online or physical store. So I use them at the same time everyday.
Yeah keeping our BTC in an online wallet is more safer/secured.
Yeah keeping our BTC in an online wallet is more safer/secured.
Lots of places to spend your bitcoins on. You don't have to spend it on those subjects you mentioned
It depends. Maybe in your place there are lot of places but not in mine. It is hard to see a stall with a sign that accepts bitcoin. It is always changing it to hard cash first before you can even spend it. Now, I have just been doing online buying instead of going to the mall.
The same thing with me either there are only few places here in my country where I can use bitcoins and there is no physical store that accepts it.
Good thing that the exchange here is capable for accepting bitcoins by using their service that we are able to buy prepaid load cards.
And as well as paying our monthly dues.
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