Bitcoin Forum
April 19, 2014, 05:03:44 PM *
News: Due to the OpenSSL heartbleed bug, changing your forum password is recommended.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Why Use Bitcoin?  (Read 4434 times)
kiba
Hero Member
*****
Offline Offline

Activity: 980


View Profile

Ignore
July 17, 2010, 03:16:02 AM
 #1

Why do you guys use bitcoin? Is it for politics? Is it for science? Is it for letmockauthority? Is it for fun?

As for me, I am a libertarian/anarchist, so alternative voluntary momentary system is of interest to me.

1397927024
Hero Member
*
Offline Offline

Posts: 1397927024

View Profile Personal Message (Offline)

Ignore
1397927024
Reply with quote  #2

1397927024
Report to moderator
1397927024
Hero Member
*
Offline Offline

Posts: 1397927024

View Profile Personal Message (Offline)

Ignore
1397927024
Reply with quote  #2

1397927024
Report to moderator
Buy a Blade, Get a 5-Chip Free!
Start Mining with GAWMiners.com
24/7 Live Phone & Tech Support
Free Hosting & Electricity for 1 Year!

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1397927024
Hero Member
*
Offline Offline

Posts: 1397927024

View Profile Personal Message (Offline)

Ignore
1397927024
Reply with quote  #2

1397927024
Report to moderator
1397927024
Hero Member
*
Offline Offline

Posts: 1397927024

View Profile Personal Message (Offline)

Ignore
1397927024
Reply with quote  #2

1397927024
Report to moderator
1397927024
Hero Member
*
Offline Offline

Posts: 1397927024

View Profile Personal Message (Offline)

Ignore
1397927024
Reply with quote  #2

1397927024
Report to moderator
ichi
Member
**
Offline Offline

Activity: 70


View Profile

Ignore
July 17, 2010, 03:27:27 AM
 #2

I use it to buy anonymity- and privacy-related services anonymously and privately  Wink
BitLex
Staff
Hero Member
*****
Offline Offline

Activity: 868


View Profile WWW

Ignore
July 17, 2010, 10:07:13 AM
 #3

- because it's easy (to get/install/use)
- because it's free (to transfer value)
- because theres no "authoroties" trying to rip me off
- because i dont know of any other (digital) way to "pay" a "seller" anymore directly

just some of the reasons i want to support it and want it to become successful (the goal is to beat PayPal, isn't it?  Grin )

BitLex
Staff
Hero Member
*****
Offline Offline

Activity: 868


View Profile WWW

Ignore
August 05, 2010, 11:26:44 PM
 #4

thought i'd bring this one up again, cuz i'd really like to know.....

What do you tell people to MAKE THEM USE bitcoins?

Why should they download and install?

They want to buy stuff, but there isnt any.
They want to "make money", but they got no server-farm to spare.

What other reasons are there to use a system like this for the average internet people?

Take my exchange for example,
why should people use bitcoin/s to buy L$ instead of PP/CC, if they need to buy bitcoins with PP/CC first and (for the nature of SecondLife) aren't anonym anyway?
They prolly wont generate any blocks ever.

How do i make them use bitcoin/s?


FreeMoney
Hero Member
*****
Offline Offline

Activity: 1246


Strength in numbers


View Profile WWW

Ignore
August 06, 2010, 01:15:54 AM
 #5



Take my exchange for example,
why should people use bitcoin/s to buy L$ instead of PP/CC, if they need to buy bitcoins with PP/CC first and (for the nature of SecondLife) aren't anonym anyway?
They prolly wont generate any blocks ever.

How do i make them use bitcoin/s?



A guy bought poker money from me with bitcoin. He didn't need to give the site or me his name, address, CC, etc. He probably had to give PP to an exchange, but so what? He's not trying to prove he doesn't exist. And he could have gotten the coins as a gift from someone who bough or generated them.

As bitcoin grows things will get even easier. There will be someone within 10 miles who will take cash for coins, now you can get cash -> poker stars conveniently.

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
kiba
Hero Member
*****
Offline Offline

Activity: 980


View Profile

Ignore
August 06, 2010, 02:38:45 AM
 #6

A moderately successful mmo will probably add a lot of value to bitcoins.

BitLex
Staff
Hero Member
*****
Offline Offline

Activity: 868


View Profile WWW

Ignore
August 06, 2010, 03:45:28 AM
 #7

A guy bought poker money from me with bitcoin. He didn't need to give the site or me his name, address, CC, etc. He probably had to give PP to an exchange, but so what? He's not trying to prove he doesn't exist. And he could have gotten the coins as a gift from someone who bough or generated them.

But what was his intension to use bitcoin in the first place?
Why didn't he simply buy poker money for PP, instead of poker money for btc-for-PP?

As said, i'm not talking about people that want to stay anonymous and use bitcoins just for that purpose, that's totally ok and working fine already for anyone.
But those crypters and anon-is-a-must people are not what i see as bitcoins main target audience, that's a lot bigger than that.
Quote
As bitcoin grows things will get even easier. There will be someone within 10 miles who will take cash for coins, now you can get cash -> poker stars conveniently.
Will it grow? Why should it? And by what factor?
How do we make it grow?
That's exactly what i'm asking for.

What about the girl next door that just wants to get some webspace, a domain, a server with all thinkable features, or a new laptop and doesnt care about anonymity at all?
She'll get it for PP, but not for coins, or very limited, there's no choice, you have to take what you get.


What would you tell her, if you two were talking about bitcoins and PP?
How do you get her attention if there's actually no need for bitcoin/s?
So far there was the block-generation as a nice sweetener, anyone noticed some progress when generating, but that wont work anymore, now that generation takes ~2weeks/block on average machines.

Why would she NOT pay with PP, but instead exchange PP to BTC to then pay with BTC? Makes no sense to me.



How do we attract new people? 
We really need a lot, 'cuz we are none yet.

 


MoonShadow
Hero Member
*****
Offline Offline

Activity: 1358



View Profile

Ignore
August 06, 2010, 04:55:25 AM
 #8



Why would she NOT pay with PP, but instead exchange PP to BTC to then pay with BTC? Makes no sense to me.

How do we attract new people? 
We really need a lot, 'cuz we are none yet.




It doesn't have to make sense to you. 

And how do you know how many people are using bitcoins? 

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
BitLex
Staff
Hero Member
*****
Offline Offline

Activity: 868


View Profile WWW

Ignore
August 06, 2010, 02:31:04 PM
 #9


It doesn't have to make sense to you. 
like your posting

Quote
And how do you know how many people are using bitcoins? 
i never said i do, i can only estimate, by checking the number of sf-downloads for example.
i just thought the PLAN is to beat PayPal (and others), that wont work out with less than 100.000 users,
not even a million and i really doubt we are much more than 10.000 right now.



MoonShadow
Hero Member
*****
Offline Offline

Activity: 1358



View Profile

Ignore
August 06, 2010, 03:12:05 PM
 #10


It doesn't have to make sense to you. 
like your posting


I'm just stating the facts as quickly as I can.
Quote
Quote
And how do you know how many people are using bitcoins? 
i never said i do, i can only estimate, by checking the number of sf-downloads for example.
i just thought the PLAN is to beat PayPal (and others), that wont work out with less than 100.000 users,
not even a million and i really doubt we are much more than 10.000 right now.



I really don't think that there is any such plan.  Paypal has it's place in the online marketplace.  Bitcoin fills a different role.  I think, and plan for, a future that bitcoin will be used by many more when the time is right.  Some will be former users of paypal, but the model is different, and there is nothing to prevent paypal from offering their service denominated in bitcoins if customers desire the trust relationship.  The escrow threads on this forum implies that there will occasionally be a demand for such services even when most transactions are direct and costless, just as there is occasionally a demand for such services IRL.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
nelisky
Hero Member
*****
Offline Offline

Activity: 1218


View Profile

Ignore
August 06, 2010, 03:14:36 PM
 #11

i never said i do, i can only estimate, by checking the number of sf-downloads for example.
i just thought the PLAN is to beat PayPal (and others), that wont work out with less than 100.000 users,
not even a million and i really doubt we are much more than 10.000 right now.

To beat PP??? I've been so mistaken this whole time Smiley

Seriously though, I'm a recent addition to the BTC world, have but a handful of BTC to show for, and bought most of them. I, personally, see bitcoins and all other such initiatives as the only logical step into making democracy work at the financial level. I mean, we will probably not overcome traditional currencies or outgrow the banks, but the thing about there being no option to those 'traditional' (and monitored, and controlled, and taxed...) exchange systems makes for no effort in making them more usable, friendly or fair.

I don't know if Bitcoins are here to stay, but critical mass is coming and money is just as valuable as we (as a whole, not individually) think it is. You don't think BTC are worth zilch? That's ok, we hope someday you'll be proven wrong... I know they aren't worth the time and energy I put into them, at least not yet, but I'm pretty sure that will pay off in the near future, if not monetarily at least (and most importantly) as a step towards a better society.

we measure long periods of time in bitcoin blocks, and short ones in vodka tonics
DividendRippler  | DICEonCRACK | The Amazing Anonymous Bitcoin Lottery
BitLex
Staff
Hero Member
*****
Offline Offline

Activity: 868


View Profile WWW

Ignore
August 06, 2010, 03:28:05 PM
 #12

...You don't think BTC are worth zilch?...

Dont get me wrong here, it's not ME, it's those potential new users.
I'm already using (generating/buying) bitcoins, although i dont need them and actually dont have any use for them so far.

But what do i tell others why they should use it?
What do you tell them?
Sadly non of you answered that question yet.

nelisky
Hero Member
*****
Offline Offline

Activity: 1218


View Profile

Ignore
August 06, 2010, 03:36:00 PM
 #13

But what do i tell others why they should use it?
What do you tell them?
Sadly non of you answered that question yet.

Sorry for misreading you there... I really don't know what to say, I've tried introducing my non-technical friends (some of them assumed activists against the powers that be, and all that crap) to this whole idea, and had zero success so far. I did get two guys interested by the cryptographic and distributed parts of the project, but not for the "money" itself.

You will probably not have much you can say until the marketplace reaches a certain level, and I can tell you, being here for slightly over a month, that things are progressing incredibly fast. We'll probably be doing our xmas shopping in BTCs Smiley

we measure long periods of time in bitcoin blocks, and short ones in vodka tonics
DividendRippler  | DICEonCRACK | The Amazing Anonymous Bitcoin Lottery
BitLex
Staff
Hero Member
*****
Offline Offline

Activity: 868


View Profile WWW

Ignore
August 06, 2010, 03:43:30 PM
 #14

..I've tried introducing my non-technical friends (some of them assumed activists against the powers that be, and all that crap) to this whole idea, and had zero success so far. I did get two guys interested by the cryptographic and distributed parts of the project, but not for the "money" itself.
..
Same here, that's the point.
Quote
.. until the marketplace reaches a certain level, ..
Why and how should it, if we can't even get our friends into it?
Quote
and I can tell you, being here for slightly over a month, that things are progressing incredibly fast. We'll probably be doing our xmas shopping in BTCs Smiley
being here for slightly over 2month i'm sorry to have to disagree, i don't see that much progress, except for lots of more nodes, but that doesnt mean anything to the market.

nelisky
Hero Member
*****
Offline Offline

Activity: 1218


View Profile

Ignore
August 06, 2010, 03:59:24 PM
 #15

Quote
.. until the marketplace reaches a certain level, ..
Why and how should it, if we can't even get our friends into it?

Well, you are clearly understating the number of "geeks" around. This little bitcoin thing touches a lot of disciplines, from math, crypto, philosophy, economics, politics, etc. So its bound to tickle a lot of people, just not the majority of people. I'm guessing that if I keep telling everyone about it, as I do now, I'll get 0.01% of them to join as things are today. Not many people from my circle, but if we all keep doing it... And the marketplace reflects just that. Site security, money exchanges, silver, other ecurrencies, amazon gift cards, books, auctions, cell time... there's a common stereotype here!

Quote
and I can tell you, being here for slightly over a month, that things are progressing incredibly fast. We'll probably be doing our xmas shopping in BTCs Smiley
being here for slightly over 2month i'm sorry to have to disagree, i don't see that much progress, except for lots of more nodes, but that doesnt mean anything to the market.

Really? Maybe I'm just overoptimistic, but the difficulty increase (ok, this last one was probably just the performance enhancement in the client) means slashdot added lots of people (again, target audience makes it easy) and many stayed.
The Marketplace threads now sport some expensive things for sale there. I see at least a couple of new attempts at taking bitcoins as currency by people here in the forums every week, which I would compare to 'opening real stores on a mall' because the bitcoin economy, as a whole, is more of a mall right now than it is a country.

And empirically I assume the progression is logarithmic. That 0.01% of people I tell about bitcoin that actually show interest? They will also share that with everyone they know, hopefully.

But I'm going off topic at an amazing speed... sorry about that Smiley I really don't know how to introduce people outside the "geek" group on the benefits of bitcoins. I can discuss as why this is probably good for society, but when asked "but I can't buy anything I want to buy, so why bother?" I kind of give up on them, they're part of the 99.99%

we measure long periods of time in bitcoin blocks, and short ones in vodka tonics
DividendRippler  | DICEonCRACK | The Amazing Anonymous Bitcoin Lottery
kiba
Hero Member
*****
Offline Offline

Activity: 980


View Profile

Ignore
August 06, 2010, 04:15:58 PM
 #16


But I'm going off topic at an amazing speed... sorry about that Smiley I really don't know how to introduce people outside the "geek" group on the benefits of bitcoins. I can discuss as why this is probably good for society, but when asked "but I can't buy anything I want to buy, so why bother?" I kind of give up on them, they're part of the 99.99%

If the bitcoin economy is a mall, than an MMO is a whole country Wink

MMO games will bypass the whole "but I can't buy anything I want to buy, so why bother?" defense.

nelisky
Hero Member
*****
Offline Offline

Activity: 1218


View Profile

Ignore
August 06, 2010, 04:34:21 PM
 #17

Sorry for being pedantic, but MMO as in MMORPG? or is MMO an acronym for something else?

Assuming the former, yeah, that is an amazing idea. Are we talking SL spinoff? we *could* do that right away with the open source version of the server Smiley

And my teenager kid is always trying for my credit card on online games (and has had zero success so far Wink ) so if there were online games accepting bitcoins I would see myself spending some at that (and buying them with money, as my generating success is really not something I'll be bragging about).

Hmmm, anyone has experience with the SL-like server? I can't even remember the project name, but I can set up one if there is interest.

we measure long periods of time in bitcoin blocks, and short ones in vodka tonics
DividendRippler  | DICEonCRACK | The Amazing Anonymous Bitcoin Lottery
kiba
Hero Member
*****
Offline Offline

Activity: 980


View Profile

Ignore
August 06, 2010, 04:40:05 PM
 #18

Sorry for being pedantic, but MMO as in MMORPG? or is MMO an acronym for something else?

Assuming the former, yeah, that is an amazing idea. Are we talking SL spinoff? we *could* do that right away with the open source version of the server Smiley

And my teenager kid is always trying for my credit card on online games (and has had zero success so far Wink ) so if there were online games accepting bitcoins I would see myself spending some at that (and buying them with money, as my generating success is really not something I'll be bragging about).

Hmmm, anyone has experience with the SL-like server? I can't even remember the project name, but I can set up one if there is interest.

It could be any online game with a built-in market economy. It doesn't have to be a Massively Multiplayer Online game of some type.

BitLex
Staff
Hero Member
*****
Offline Offline

Activity: 868


View Profile WWW

Ignore
August 06, 2010, 05:12:25 PM
 #19

Hmmm, anyone has experience with the SL-like server? I can't even remember the project name, but I can set up one if there is interest.

OpenSim is it's name, OpenGrids are it's  grids.
Had some sims running and still do from time to time to test stuffs.
Pretty easy to set up and connect, but u still need content to sell, or to create "a game" within.

Macho
Full Member
***
Offline Offline

Activity: 125



View Profile

Ignore
August 10, 2010, 11:00:51 PM
 #20

You can not expect thousands of merchants appear right away as a new currency emerges, it takes time. The best thing anybody can do for bitcoins to have future is to start offering some service or anything people want for bitcoins. Why anybody would do so? Because they trust that the system will expand and catch on in the future, it's an investment and those who adopt it first are going to profit from it nicely if it catches on (which is more and more probable every time a new "merchant" enters the market).

Why would somebody buy shares in a company that doesn't produce anything, doesn't do anything at the moment just has a promising vision? Because they believe that vision gets into fruition and yields good results in the future. It's exactly the same with bitcoins. Right now, it's an investment. An investment which many people believe has great future, you do not have to convince majority to use it at all, you just have to convince enough people to make the bitcoin economy sustainable - that can be just thousand people or it can be 5 million, in both cases it can work.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!