Topic: Why some people prefer Bitcoin over fiat ? - page 82. (Read 58499 times)
I think the main reason for bitcoin’s popularity is the fundamental characteristics of this technology. Bitcoin has some add-on benefits over fiat such as global acceptability, universal access and most importantly the anonymity and lower fees with the faster transaction and due to these advantages, I see good growth in Bitcoin user base in coming years.
Bitcoin is easy to use and transfer to buy online. it's no fee and no tax and it's anomynous.
Payment online is very fast and safer than fiat.
Payment online is very fast and safer than fiat.
Bitcoin is better than fiat for so many reasons all of which have probably been stated
I thought it was very funny when you say bitcoin better than fiat, some people prefer bitcoin than fiat, one reason for their income and profits is by bitcoin, so they think that the world of bitcoin more betterAnd I guess there are still people who are depending on both, they are making good profit with bitcoins and there are some who are still depending and earns good money with fiat.
But that's the reality that bitcoin investments are even more reliable and can have greater profit because of its decentralization.
When it comes to transactions, bitcoin only charges cheap fees.
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 cannot make some people behave how you want them to, because they will always do what they have been doing, so if there are some bad people who have been doing this always so they don't care what currency it is and what it is made for but they will use it as how they use other currency for their actions.
Most people that have taken to drugs, gambling or pornography were pushed into it by life that has been made unbearable by the slave masters, so the first task to addressing issues facing mankind, is simply to go back to where two roads crossed and we took the one most traveled.
Bitcoin is better than fiat for so many reasons all of which have probably been stated
I thought it was very funny when you say bitcoin better than fiat, some people prefer bitcoin than fiat, one reason for their income and profits is by bitcoin, so they think that the world of bitcoin more better Of course as bitcoin is anonymous and is difficult to be tracked. No one wants government to track all your money moves. People want privacy. Also it is tamper proof so fraud is not easy to play with.
For now there is no known way governments can track your Bitcoin or even do something with it.. For now, I repeat. You never know when they got that idea and want to implement it soon.. This happens most of the time sooner than people expected. Bitcoin isn't much of a threat because we're a few tens of millions only and we're talking worldwide.
If everyone knows about Bitcoin then everyone will prefer to use Bitcoin over fiat to make payment because everyone in Bitcoin knows that we can make any amount of Bitcoin money payment without limit .
But everyone don't knows about Bitcoin So it is very small thing in the world to make payment through Bitcoin .
But everyone don't knows about Bitcoin So it is very small thing in the world to make payment through Bitcoin .
Of course as bitcoin is anonymous and is difficult to be tracked. No one wants government to track all your money moves. People want privacy. Also it is tamper proof so fraud is not easy to play with.
Bitcoin has more advantage than fiat money online. It has a special characteristics that made user got attracted and interested.
I am using them both daily, it just that BTC is very unique, we can earn it in faucets and other services.
I am using them both daily, it just that BTC is very unique, we can earn it in faucets and other services.
Definitely right, Bitcoin is making its own market name that persuade people to use it and preferred by people because aside from increasing value of bitcoin it has fast transaction.
So to compare it to fiat currency, bitcoin increasing its value but the fiat currency you use, is not increasing.
Well bitcoin is made and used primary online, right? Right now w can see more integration into bigger business but still those are mainly online businesses. Though it' only a matter of time before bitcoin is accepted widely in your local stores.
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.
1. Just because bitcoin is listed as a payment method on porn sites and bitcoin powered gambling is on a rise we shouldn't discriminate technology behind BTC.I am not sure that you know - but porn industry was responsible for huge popularity of VHS standard back in the day, porn barons are really open minded about new technology.
2. Bitcoin is just a currency, not a tool which will make us better humans, you can't possibly expect that BTC won't be used for illegal activities in the same manner FIAT is used.
3. Illegal bitcoin usage is greatly exaggerated by media and bitcoin enemies. Bitcoin is a problem for current economic system - banks hate BTC. No wonder bankers want to discredit it.
Bitcoin has more advantage than fiat money online. It has a special characteristics that made user got attracted and interested.
I am using them both daily, it just that BTC is very unique, we can earn it in faucets and other services.
I am using them both daily, it just that BTC is very unique, we can earn it in faucets and other services.
Definitely right, Bitcoin is making its own market name that persuade people to use it and preferred by people because aside from increasing value of bitcoin it has fast transaction.
So to compare it to fiat currency, bitcoin increasing its value but the fiat currency you use, is not increasing.
Well bitcoin is made and used primary online, right? Right now w can see more integration into bigger business but still those are mainly online businesses. Though it' only a matter of time before bitcoin is accepted widely in your local stores.
There can be certain restrictions that only bitcoin can bypass. For example, in many countries, underage people can't open bank accounts to their name without parental consent. Bit more importantly, entire countries are limited by things like capital controls, like here in Greece.
Yah, I was not able to open a bank account till I reached 12.
Not just you.. there are many many countries where restrictions are too damn strict.. another thing is that u can earn Bitcoin more easily than Fiat, so people who knows the value will prefer Bitcoin..
Accessibility is one key reason why people prefer bitcoins over fiat, bitcoins Is readily accessible 24/7 and the transaction fees for bitcoins are very cheap compared to fiat so any well meaning person would like such advantagess over fiat.
Well, yes, we can say bitcoin is accessible 24/7, sure, but if you have money in cash then it is accessible as well (if you carry it with you). Or the money on a credit card. It is mostly accessible as well. And when you have fiat with you, you can actually use it and to use btc you mostly need to exchange it which is not very easy as well.
Accessibility is one key reason why people prefer bitcoins over fiat, bitcoins Is readily accessible 24/7 and the transaction fees for bitcoins are very cheap compared to fiat so any well meaning person would like such advantagess over fiat.
Well, yes, we can say bitcoin is accessible 24/7, sure, but if you have money in cash then it is accessible as well (if you carry it with you). Or the money on a credit card. It is mostly accessible as well. And when you have fiat with you, you can actually use it and to use btc you mostly need to exchange it which is not very easy as well. 
perhaps why it is easier to scam with BTC?
I say so because people here see so much scam every where...(lol)
I say so because people here see so much scam every where...(lol)
Scam is found everywhere. Even with fiat people were scammed. These can't be compared with each other to have a classified information about real money and bitcoin. Decentralization gives easy access to go scammed.
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 cannot make some people behave how you want them to, because they will always do what they have been doing, so if there are some bad people who have been doing this always so they don't care what currency it is and what it is made for but they will use it as how they use other currency for their actions.
perhaps why it is easier to scam with BTC?
I say so because people here see so much scam every where...(lol)
I say so because people here see so much scam every where...(lol)
it's more easy to scam with fiat, you can skim other credit debit cards very easily today, there are even youtube video about this, you can also use the funds on those card to make more money than what you get, buy reselling stolen cd key of gaming and sell them at g2a, did you missed the scandal at g2a?
perhaps why it is easier to scam with BTC?
I say so because people here see so much scam every where...(lol)
I say so because people here see so much scam every where...(lol)
Scam is found everywhere. Even with fiat people were scammed. These can't be compared with each other to have a classified information about real money and bitcoin. Decentralization gives easy access to go scammed.
perhaps why it is easier to scam with BTC?
I say so because people here see so much scam every where...(lol)
I say so because people here see so much scam every where...(lol)
Bitcoin is better than fiat for so many reasons all of which have probably been stated
Jump to: