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Topic: Why some people prefer Bitcoin over fiat ? - page 86. (Read 58499 times)

legendary
Activity: 3080
Merit: 1500
December 22, 2016, 10:43:59 AM
#44
That's individuality! Different people will have different choices and hence some people likes bitcoin over fiat. But for me, I feel it is wise to go with both. Take bitcoin as an investment and use fiat for your daily expenses. By seeing the current price of bitcoin, I hope you all have understood by now, that it is better to store bitcoin instead of wasting it for mobile recharge.
sr. member
Activity: 1680
Merit: 288
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December 22, 2016, 10:21:39 AM
#43
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.

Abuse is not a reference to reducing the privilege bitcoin, All currency in this world can be used for anything, but still doesn't diminish their value.

For the purchase of drugs I agree with your opinion, but for gambling and porn as entitlement to an adult human. I think your opinion is only referring to the validity of bitcoin and slanted news about illicit business involving bitcoin.

We still run a business that is positive, if indeed you are not involved with the gambling and the other, ignore it, because it was too pragmatic.
hero member
Activity: 896
Merit: 500
December 22, 2016, 10:16:35 AM
#42
Basically people prefer bitcoin than fiat because we can freely use it. In addition bitcoin prices that fluctuate make users can get profits.
Because bitcoin have the freedom might it that makes frequently used for porn sites, gambling, drugs. But I think bitcoin is not used to it, but for investments and an alternative currency. But it was not much different from fiat, many are using fiat for porn sites, gambling, drugs. So that both are not much different, the difference is the people who use it.
hero member
Activity: 2646
Merit: 686
December 22, 2016, 10:10:33 AM
#41
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.
legendary
Activity: 1274
Merit: 1004
December 22, 2016, 10:05:56 AM
#40
its really true that bitclin is being used for many bad things but lets first look on the possitive sides those are the first ways which started acceppting bitcoin as a payment and the most important stuffs which we need they still not accepts it. its like a headach when will the good side of the world understands it ans start using it so that we can take all the nessasary requirements from here
hero member
Activity: 728
Merit: 500
EtherSphere - Social Games
December 22, 2016, 09:58:52 AM
#39
I use it for transferring money internationally and Im sure lots of people use Bitcoins for the same purpose. The fee is very low and the transaction is quick. The person I'm going to send the money to sees the money into his wallet instantly and has to just wait for the conformation from the blockchain/miners. I also use it to buy things out of this forum's market and it makes it very easy to do so.
I would imagine most people use it for this very reason. But it has had it's introduction to the world in bad light with the silk road thing and people using it for ransom ware payments now. So it's shadow will never be able to be lifted because of these sort of people who continually use it for bad instead of shining it in a good light using it to improve the world and not distort it any further than it already is.
hero member
Activity: 574
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December 22, 2016, 09:53:14 AM
#38
I use it for transferring money internationally and Im sure lots of people use Bitcoins for the same purpose. The fee is very low and the transaction is quick. The person I'm going to send the money to sees the money into his wallet instantly and has to just wait for the conformation from the blockchain/miners. I also use it to buy things out of this forum's market and it makes it very easy to do so.
legendary
Activity: 2912
Merit: 1068
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December 22, 2016, 09:49:25 AM
#37
The reasons could be different. Some people don't want to do business with banks so with using bitcoins they avoid that. Or they are trying to be anonimous so they use Bitcoin transactions instead of fiat. Or they are buying illegal stuff on darkweb markets so they can't pay in fiat. Maybe they have more earnings in Bitcoin then in fiat money. Everyone has its own reasons.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
December 22, 2016, 09:43:48 AM
#36
What do you mean? that bitcoin is being used in illegal activities? or in things that they cannot bought on broad day light? If I where you I won't believe most of the replies on the threads...  Smiley I rarely see forumite that replies to a topic that looks like a real experience...

Most of them are purely "imagination" by many signature campaign participants, and some of them are just an "opinion" , and only few of them are first hand experience, some are just read from other comments repeatedly being copied and replied to the same thread over and over again...  Smiley

What do you expect in a forum? most of us don't know each other, so fabricating a story or a comment is so easy...

Besides, nothing prohibits anyone from spending bitcoin on the things they want...  Smiley

sr. member
Activity: 602
Merit: 250
December 22, 2016, 09:06:39 AM
#35
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.
no , those is just few not responsible person ..
but in my opinion many users bitcoin use bitcoin for positive thing like transaction with bitcoin , get money from bitcoin and fill free time with bitcoin
one thing i very like from bitcoin , if i go to overseas . i do not need to change currency  Smiley
sr. member
Activity: 490
Merit: 252
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December 22, 2016, 08:41:26 AM
#34
No one could really able to stop you from spending your bitcoin into adult sites which people made their own decision.

Local laws need be respected.
Some countries have heavy punishment in Penal Code for visiting Adult Sites.
legendary
Activity: 3122
Merit: 1398
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December 22, 2016, 08:37:47 AM
#33
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.

Actually no it's not been widely used even for purposes like those things you have been mentioned. We are just here roaming in bitcoin world almost everyday that's why we think that bitcoin is really widely use or being preferred by others. Illegal activities are really part of every assets like fiats, gold and even bitcoin since they have money value so expect usage of it on that kind of activities.

And disagree at the last part since whatever negative usage of bitcoin is present today , it will not lead people to discontinue used this currency since they will see the big advantage of using this currency if they are open in all branches of how bitcoin is being used.
sr. member
Activity: 490
Merit: 252
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December 22, 2016, 08:36:06 AM
#32
the anonymity of bitcoin is better than fiat

The exchange of cash produce no public digital data.
hero member
Activity: 2926
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DGbet.fun - Crypto Sportsbook
December 22, 2016, 08:26:34 AM
#31
use bitcoin on a negative way

Sorry, explain, please.
What is "negative" on use of BTC on legal site for Adults?
No one could really able to stop you from spending your bitcoin into adult sites which people made their own decision.Among the 3 things that are mentioned Porn site is  the least negative for me Smiley Those another two are making illegal thing on which being used on purchasing drugs and other stuffs.
hero member
Activity: 616
Merit: 502
December 22, 2016, 08:23:53 AM
#30
One thing, because bitcoin can be use in many ways compare to fiat that can only be use in limited ways. Also bitcoin have more benefits than fiat, bitcoin is faster and convenient rather than using fiat online when buying stuffs and so on. Bitcoin is more valuable than fiat too, because its price is always fluctuating, right now, its price is fluctuating from lower to higher.
sr. member
Activity: 350
Merit: 250
December 22, 2016, 08:02:42 AM
#29
See just like any other currency is also used for illegal activities, Bitcoin is also used for illegal activities. Bitcoin is not an exemption for such acts. It cannot be prevented from using for such causes, unless the user himself avoids such activities. Otherwise, Bitcoin is such a nice innovative currency.
full member
Activity: 224
Merit: 100
December 22, 2016, 08:00:05 AM
#28
Well, for a lot of third world countries, their currency is weaker than bitcoin, so earning bitcoin is really profitable and could help them fulfilling their daily needs

Also, Bitcoin price is increasing from time to time, so it's great for someone who wants to invest their money for something profitable.

And, the anonymity of bitcoin is better than fiat, so if you want to gamble or buying some kinky stuff , you could use bitcoin rather than using banks since your transaction would be reviewed there.
hero member
Activity: 588
Merit: 500
December 22, 2016, 07:47:45 AM
#27
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 didn't saw that drug market here, can you be more specific and show it too me, I would like to see that and check out the prices.
   Bitcoin is not made for that, currency is when you use it to pay for everything, not just good things.
   Society is already unhealthy, and bitcoin has nothing with that. Fiat didn't help all this years.
hero member
Activity: 3150
Merit: 937
December 22, 2016, 07:41:41 AM
#26
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.

Unfortunately bitcoin is still a sort of underground currency.

People are free to use their money for whatever they like.

If they like porn,gambling and grugs that`s their problem.They will use either bitcoin or fiat money to buy

this.
hero member
Activity: 1470
Merit: 655
December 22, 2016, 07:39:59 AM
#25
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.

actually bitcoin is widely used on exchanges not any place else because if you do a research by asking 1000 people how they are using bitcoin they are going to tell you that they are trading it only.
actually there was a POLL in this board which you can find asking this question.
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