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Topic: Why some people prefer Bitcoin over fiat ? - page 85. (Read 58499 times)

sr. member
Activity: 378
Merit: 250
December 22, 2016, 05:50:53 PM
#63
Fiat is controlled and regulated by governments.  We the people control digital cryptos. It is easier and more accessible to send $1million in bitcoin than fiat. Many banks are experimenting with blockchain technology.  We are in the digital age now.
yes that can be more accessible and more easier to use as compare to fiat currency, specially for online purpose bitcoin is more better than fiat, as you do not need to convert your money in to other currency in which you pare playing gambling.
full member
Activity: 259
Merit: 101
December 22, 2016, 05:33:24 PM
#62
Fiat is controlled and regulated by governments.  We the people control digital cryptos. It is easier and more accessible to send $1million in bitcoin than fiat. Many banks are experimenting with blockchain technology.  We are in the digital age now.
sr. member
Activity: 714
Merit: 250
December 22, 2016, 05:28:08 PM
#61
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.
Bitcoin is created to be currency. About buying drugs or any negatif things is depend on the users. But I think some people prefer bitcoin over fiat becouse of the price of fiat. If the price of fiat fall its become not worth so I think people choose bitcoin to safe their wealth.
hero member
Activity: 2464
Merit: 594
December 22, 2016, 04:52:49 PM
#60
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.
full member
Activity: 154
Merit: 100
December 22, 2016, 04:01:46 PM
#59
It is being used like that, and it's not okay. It's also a cause of bad people to abuse it because of its potential. I just hope there are not a lot of individuals who are using it illegally. It's just that in their mind, they can get away with it.
legendary
Activity: 1232
Merit: 1091
December 22, 2016, 03:58:56 PM
#58
I agree with the OP in his/her anger about using btc to gamble, buy drugs and watch porn. I mean, any currency can be used for such purposes, of course, but there are always some nice things it is used for as well. Thus, there is a balance there but if we think about bitcoin then it is mostly associated with such activities. However, it is not only the fault of consumers, you know. It is just hard to use btc for buying food, do charity or some other things.

What's the point of getting angry because people use Bitcoin to gamble or to buy drugs? It doesn't hurt anyone beside themselves, so there is no point of anyone getting upset about this. If people get angry because of that, then they should get angry on people doing the same with fiat. Otherwise it won't make any sense.
hero member
Activity: 490
Merit: 520
December 22, 2016, 03:40:01 PM
#57
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.

With all due respect sir, yes a fraction of Bitcoin users are using it for drugs, gambling, porn but that's just a fraction of them. There are many who are using it for saving, converting to Fiat, investing them or buying goods, so don't think that entire community is missing it. The fraction that is best to avoid them, even Normal currency is used for all this, btc can't be made scapegoat.
To be fair, it's not like it really matters all that much for a lot of people. Individuals are going to spend their money on whatever it is they want, and they don't really care what happens to it beyond that.

BTC is only made a scapegoat by people who believe tat fiat is some amazing tool only used for good; something we all know is BS. I doubt many people really care about BTC who say they don't like it.
legendary
Activity: 3248
Merit: 1402
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December 22, 2016, 03:31:31 PM
#56
I agree with the OP in his/her anger about using btc to gamble, buy drugs and watch porn. I mean, any currency can be used for such purposes, of course, but there are always some nice things it is used for as well. Thus, there is a balance there but if we think about bitcoin then it is mostly associated with such activities. However, it is not only the fault of consumers, you know. It is just hard to use btc for buying food, do charity or some other things.
full member
Activity: 162
Merit: 100
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December 22, 2016, 03:26:27 PM
#55
I can understand that some people prefer Bitcoin over fiat because maybe in their countries the national fiat currency is weak and/or they are underpaid in fiat so getting payment in Bitcoin gives them advantage.
legendary
Activity: 1218
Merit: 1007
December 22, 2016, 03:22:41 PM
#54
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.

Whether bitcoins or fiat, both are being used for such purposes and that's not bitcoin is made up for, but when there is graciousness and benevolence, there will be enormity and rebelliousness too. We can't control minds, we can just expect and so, let that unhealthy society be kept aside if you don't want it to be a part of us, but you cannot ask them to get themselves removed as because they have become a "part" now.
hero member
Activity: 1134
Merit: 517
December 22, 2016, 02:57:06 PM
#53
Bitcoin is being used widely in porn sites, gambling and drug dealing sectors. Is that why the btc made for ?

You can do the same in the real world with fiat currency, is not only related to bitcoin. The BTC is for transferring value over the without any central authority.

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 ?

People will do the same activities with fiat, and bitcoin are not responsible for that. I think you can see like the ethical way you use the currency, in any modern society you always have someone who will use it for another purpose.

It should not be seen as the fault of bitcoin when some people chose to use it for negativity, because we are living in a free society these days and some persons are only happy, when they swim against the tide! Nevertheless, for majority of bitcoiners, they are unto bitcoin, because they see its huge potentials and the bright future ahead of it.
hero member
Activity: 1190
Merit: 525
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December 22, 2016, 12:28:46 PM
#52
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.

It's not used only for it. People are building their lifes in a decent and honest way with Bitcoins too. It's possible to increase the amount of money we have just for holding it, next, with a larger amount of money, we can invest it to start working with something, a good thing, no?

Bitcoin is money and money is used for all kind of things, illegal and legal. Don't blame BTC for it.
legendary
Activity: 2870
Merit: 7490
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December 22, 2016, 12:15:30 PM
#51
Why would you assume that every bitcoiner use bitcoin for bad/illegal things? It's just stereotypes among normal people. Actually, you can use bitcoin like when you use fiat which means you also can use bitcoin for good purposes.
Even big companies such as Valve, Microsoft and Dell already accept bitcoin.
legendary
Activity: 1218
Merit: 1007
December 22, 2016, 12:17:48 PM
#51
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.
People find bitcoin useful for those kinds of services because it is relatively anonymous, doesn't leave any sort of record of you specifically using the service and just an address that was used, and is free from taxation in many parts of the world.

Porn and drugs are great to get in an anonymous manner, gambling because no taxes and easy withdrawals.
hero member
Activity: 1022
Merit: 564
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December 22, 2016, 12:00:58 PM
#50
Well in my case, right now I'd prefer bitcoin just because of the transaction speed that is a great advantage and the fact that the price is still rising, so it's a good investment still.
hero member
Activity: 798
Merit: 503
December 22, 2016, 11:44:02 AM
#49
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.

There is no way we can eradicate the use of Bitcoin for social vices that you mentioned above even the Fiat we all use people still use for same purpose and there is anything anybody can do about it and does that mean Fiat is bad? No. I have seen read porn sites accepts credit card payments which means if tomorrow the world adopts another form of currency, they will definitely switch because they need to sell their services and receive payment in return...
hero member
Activity: 868
Merit: 500
December 22, 2016, 11:27:09 AM
#48
Op is correct, miss use of Bitcoin can lead us to unhealthy society or criminal society or may be Government may ban this nice digital currency if this causes increase in crimes in country. 
hero member
Activity: 2310
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December 22, 2016, 11:24:20 AM
#47
What I found from most users who prefer bitcoin than fiat is due to its secure nature that can't be stolen easily. Important thing is its increased pricing compared to other altcoins as well fiat. No other currency acts as a potential investment similar to bitcoin which surely grows regularly with certain time interval.
sr. member
Activity: 490
Merit: 252
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December 22, 2016, 11:21:48 AM
#46
but if there is people out there saying that they like bitcoin over fiat they are lying because they can't go to the supermarket and pay with btc.

Exactly.
sr. member
Activity: 1400
Merit: 283
December 22, 2016, 11:18:15 AM
#45
There is no doubt that the bitcoin price has been a huge factor to it being popular but most of the people don't actually prefer bitcoin over fiat , they just see bitcoin as a way to get real money , they see it as an investment to help them get fiat , but if there is people out there saying that they like bitcoin over fiat they are lying because they can't go to the supermarket and pay with btc.
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