Bitcoin Forum

I know there might be more, so feel free to add them or reply here and I’ll find a way to count them in and group then.

The goal here is to find some insights in what we are really investing in. Ex: some people say Bitcoin is valuable because is scarce and finite, therefore allowing a more stable economy.  I would argue that, even if it is finite, if the holders or players in that finite economy have in unbalanced and excessive amount of Bitcoin then (or mining power, which is another topic but we cannot reason on it as the same level as BTC as it’s much more easily seizable in the physical world) then not much wouldn’t change to the current system, just the players ruling the monetary rules would differ.

In doing so and based on the answer, I’d like to argue all together on what stands true, and therefore, find what we’re really “value investing” in.  

PS: To the mention above topic of finite supply it can be added that forks and forks can be “created out of thin air” and parallel economies created etc. So to me it doesn’t sound much as a convincing value as proven so far, but I might be wrong on it and would like to see why ASAP in that case.

You should at least add up on the poll;

-Benefit on making money online

I do highly believe that most people would really choose this up yet Btc do benefit most people here on this market
on making money excluding into its main purpose which is p2p transactions.

Aside from the fact that it is a very valuable and proven to be very profitable investment vehicle, bitcoin can makes payment seamless and fast even if one is located in the other half of the globe. I know there can be maybe a faster way to send payment but with bitcoin we are not anymore dealing with financial intermediaries like banks or remittance centers. I know there are also alts that maybe better than bitcoin but since they are not as popular or pervasive as bitcoin they are not called alts for nothing. Now, to make things a little bit romantic, bitcoin is putting the control and freedom right into our fingertips -- something that the government monopolized before.

If you asked me 3 years earlier i would just said for profit, which is i am sure that most of the people start of on that same note, but once you start learning more about it you start knowing the true meaning and the true purpose behind the creation of bitcoin, and you start beveling in its cause and all those benefits that you have mentioned, but the most valuable one would  be that it gives you the freedom to make transactions whenever you want and how you want.

For me it is sending huge amounts of money without being questioned by anyone. Before, I always receive email notifs from my bank if I made  a transfer from my account to another that somewhat interests them (a few thousand bucks lol). For bitcoin, this doesn't happen so faf and I can transact easily with my clients in a fast and efficient manner. Local exchange won't ask where the coins come from when it's time to convert and banks wouldn't ask where do you get your deposited money as long as you let them take care of your money. The flow is somewhat long but it helps you avoid painstaking verification process every time you want to make large tx.

I think the biggest advantage of bitcoin is it's constant supply and it's ability to transfer value easily.

The reason why people like to own a lot of gold is because there can only be so many physical gold coins or bars on Earth. Unless we get hit by another asteroid or go space mining, there can only be so much.

Gold is valuable precisely because it's supply is constant and rare.

Bitcoin is similar in that the supply is constant. There can never be more than 21 million bitcoins and the inflation schedule is fixed and predictable.

The advantage of Bitcoin is that it can also be transferred easily compared to gold. For example, Bitcoin has a transactions per second rate of seven compared to gold's zero transactions per second.

So they are both valuable assets to have in order to hedge against inflation.

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Digital Gem Token - Mainnet 100% Live

A decentralized open source store of value cryptocurrency that is more environmentally friendly and scale able than Bitcoin.

The inflation rate is 0.25% per year and uses the Delegated Proof of Stake consensus mechanism.

Website: http://www.digitalgemtoken.com
Block Explorer: http://138.197.133.81:4200/#/
Wallet: Integrated with the Ark.io Wallet
Discord: https://discord.gg/hNcFgb3
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5149229.msg51287198#msg51287198

My answer doesn't suit to any options available in yout poll but anyway here is my number 1 reason why I love crypto. It's because of its VALUE. Yeah! I also like its capabilities of anonymity and others but this one is the major reason I like, I'm sure everybody does too.

But if we disregarding that because it's pretty obvious that it drives all the people here to engage in cryptosphere, the second thing I really like about it is it provides faster ttansactions. Imagine, I can now have a prepaid load just one click away ;D. When I'm buying prepaid load before I used to walk on the nearest convenience store and avail it but now all I need is my digital wallet, paste my phone number and Voila! I have now prepaid load + a 10% rebate from its price.

For me it's the possibility of increasing value. Even when it gets through bear seasons, the price still gains enough value to beat inflation, which we know is bad for our savings. If you already have a year's expenses saved up in fiat, you save most of your income in bitcoins and it's almost certain that it'll at least retain its value at least 5 years from now.


I think I know what you're talking about. That's how top up my phone.

I personally do love Bitcoin because of the fact that it gives its holder or user complete freedom, and for that matter I mean no authority or government can seize them from you. This is one of the best developments we have ever had in human economical history and we're in deed gonna stay for long.

The one whos is really benefiting me alot is the bitcoins ability to transfer big amount of money from wallet to wallet without hassle.Im tired of days of processing of sending money which happens most of the time when using wire/bank transfers.Plus that you can send money to your friends or loveones everywhere you are,on the road,rest room and everywhere else as long as you internet connection

I also admire anonymity in cryptocurrency, a lot of benefits to say but this what i like the most compared to other investment or trading markets. You can watch your own money plummet or go down. Own control, own lose, own profit. That is what i most believe in this.

The thing i love about bitcoin is that it gives me free from government and banks . Though there are many disadvantages also it will be solved in coming years as we are still in early stage of bitcoin adoption.

There are actually a lot of benefits that you can enjoy whrn you are investing or using bitcoin. I like investing on it because of the opportunity to earn from it, crypto had brought and openned a lot of opportunities for people and changed the way how we do transactions. Not to mention the convenience of using it when using it to transfer money or to use it for daily transactions, lesser fees and less delays compared than using banks.

Bitcoin is finite and can control by people who own it in large quantities. But in a profit-seeking economy, whales know how to make money from them, and they will never kill it if they continue to make a profit. In particular, anonymity is what Bitcoin offers to investors.

Having Bitcoin and getting involved in blockchain technology has a lot of benefits and advantages.
It could give us the financial freedom which we couldn't get from banks and promising profit which we couldn't gain in any investments. It makes things easier and more convenient for most users where we could keep transactions anonymously.

tough choices!

if i have to choose only one, i'd say the finite and transparent supply. the 21m coin limit doesn't make the currency stable but it gives it extremely strong monetary properties. market participants are more informed about supply dynamics than with any other form of money in history. that's a strong basis for a store-of-value.

All the 4 reasons are benefits for me,despite the fact that number 3 is wrong,because bitcoin isn't a stable currency(if we continue to always measure it's price with USD). ;D

I agree, since it is one of the reason why I use bitcoin. sending large amount of money (in my point of view)
is also one of the reason why I use bitcoin since I actively send money to someone abroad and the receiver
doesn't need an ID to get it.

The fact it can be used 24/7 without restrictions by anyone with the trust that comes from the oldest blockchain.

I voted for it has finite supply but I wouldn't agree about it being a stable currency. Bitcoin doesn't have stable price but it could've been stable in a way that there are people who've been using it overtime.

But if that's what you mean of being a stable currency that it will have the same price, I don't think that's the right word. What I think, it has finite supply and demand will increase later on and price would become higher.

Your thoughts also obviously valuable in current situation. But I expect it will reach globalized because still many countries are restrict the crypto currency, at the same time they know the benefits of Bitcoin so as soon as possible it will accepting entire world. So before we must buy and hold huge coins it will useful for future traffic. I think holding the Bitcoin is a major benefit.

I want to choose 2 option from the list, but unfortunately, I cannot do that.

- Can transfer large amounts anywhere anytime (permissionless)
- Possibility of being, relatively, pseudo-anonymous while transacting money

That is what I want to choose, but since we could only choose 1, then I will choose Can transfer large amounts anywhere anytime (permissionless). We can transfer a large amount at any time, without having a limit and time and I am sure that the transaction will arrive in a short time.

But maybe the most valuable benefit for me in bitcoin is I can make money from bitcoin because that is what I got in bitcoin.

I like that can transfer large amount anytime, the only issue i think is that need to wait comfirmation but this is not a problem because bank transfer are much slower. U also like that i can get some profit if buy bitcoin and sell for higher amount later.

I've made a lot of bitcoin transactions with exchanges, merchants, and many more people so my vote goes to transferring larger amounts anytime and anywhere even though I don't spend much per transaction I still value the convenience more than the three choices in the poll. 

If you can't wait for confirmations you could always move your coins to a different platform(LN, exchange, gambling sites, etc) before starting a transaction with someone.

Op, people offered some other reasons, and perhaps you should consider adding them to the poll. When I was looking at options, It was difficult to choose and I felt like something was missing. I chose the option of independence from a centralized authority because it really feels safer to keep the money in my wallet rather than on a bank account, knowing that banks essentially have access to your money and even the right to do things with it. Moreover, since fiat is centralized, it can (and is) constantly devaluated by the authorities, 'encouraging' people to actually spend it. Bitcoin is volatile, but at least it's not some people messing with my money in their interest.

I personally chose BTC cause it can transfer large amounts anytime and anywhere yeah, limitations of banks in certain areas are't affordable BTC is very far reaching all that's what I want cause the distance in this world is limited and there are a lot of taxes that apply but with the presence of BTC I'm not bothered with other fees well BTC really helps my family finances.

It should really be circulated yet this is the main purpose on what its being created but the fact that people do rather hold up bitcoins
majority due to its possible potential income or return not totally on making transaction anonymously online.
We have our own insights but well no matter what angle you do go you would still able to experience both things with Bitcoin.

This is my top choice also for me. I can do the transfers at the comfort of my home unlike if you do need to transfer money in banks, sometimes you need to physically go there and be in queue just to complete your transaction. Aside from that, you need to wait for days if you are transferring money to another country. So in this case, btc transactions have very large advantage as compared to traditional means.

right, moreover having a stable fee, which makes no difference between sending local and overseas. with a relatively faster time, I think this is very beneficial for those who have international business. for me personally using BTC will save time. and that is certain

For me one single most benefit that i got from bitcoin is making money online without going out of home and work with a boss. I can buy and sell in the comfort of my home and make profits while spending time with my family and loved ones.

I don't know why it wasn't an option but the real big help for me is the way it can be sent and received. It is super easy to just send people money and receive as well. I have been working in crypto world for over 3 years now and I have been earning my salary that way, at first I thought this was a temporary job and I need to get a "real" job but now it has been 3 years and me and my wife think that how "real" a job has to be if we lived thanks to my bitcoin income for the past 3 years.

I have not worked in any company as long as I worked for bitcoins and that is why I think this is just so awesome that makes remote working options that much easier. I can literally work for any company in the world and get paid in bitcoin easily without having to go to work and just work in my room.

I am now seeing so many people who are benefited with the coming of bitcoin and hence the entire cryptocurrency industry. Bitcoin is a tradable asset and there are many people who are doing a good business participating on the cryptocurrency market. Now, there are also people who are paid with their job and business with bitcoin. I am glad to see that you are one of the many benefited with this new platform and innovation. Bitcoin can be life-changing and we should be happy to be a part of this revolution. When you say buy and sell are you referring to trading bitcoin or maybe commercial products and buyers are using bitcoin?

I really hope that bitcoin can be a borderless currency for payment, since PayPal, wire transfer, and Western Union are soo terrible! It should (must) be legal to use Bitcoin as a payment in my country and globally.

However, none of the above have come to reality.

Therefore, for now, the only benefit for me is just for betting token and for additional income via paid signature.

I don't think any of then is correct except the last one .

* Any government can ban them at any moment thus they are dependent on Central authority

*Directly or indirectly it takes time to get them converted into cash and trust me it's banned in many countries, you cannot add money online through banks otherwise you could be jailed

*It has finite supply , sure but it will benefit us later only when it reaches that , before that it's not stable at all .

The biggest thing for me is being able to easily transfer money to people around the world without a 3rd party.  All it takes is a few clicks and your done.  But the downside is that you have to be extremely careful because there is no way to refund a transaction.  This isn't so much a problem for me but for a new user that normally uses credit cards this can be a b ig problem. 

The main benefit of bitcoin to me is I can buy many things using it. I can topup my phone credits, pay some bills, and even buying online. I don't need to go out just to do that, I save some money because I don't need to commute. I can be more productive or have more time to rest.

Obsessively this feature is great Can transfer large amounts anywhere anytime (permission less) is single most valuable benefit for bitcoin transferring millions of dollars with less fee we have already seen such examples

The main benefit that i get from Bitcoin is the opportunity to earn even in the comfort of my home
Bitcoin has been my source of income from doing bounties and in trading.

If it was possible for your poll to get all the buttons clicked, I am sure that many people would have clicked on all the options you have there because that has been the 4 greatest benefits of Bitcoin to me.

These four attributes were what the person that introduced me used to convince me into adopting Bitcoin which I have never regret any of my action, and the most attractive one among them all is that aspect of moving a large sum of money without being queried or your fund seized.

Here in my country they frustrate us a lot on that aspect and limit you to the amount of transaction you can do in a day even as a businessman, so Bitcoin has really solved my problem in that regards.

Bitcoin is a good investment for the future because I have benefited a lot from this with many benefits actually happening in Bitcoin with all its conveniences and that's all everyone mentioned, anonymously very good for me with all the security provided without any worries at all , any risk if we still maintain our own security, come back again that everything is very easy now so it's no wonder people like it along with the values they have especially very good market conditions, I believe in the future it will be more evenly distributed well.

can transfer it anywhere and anytime , it helps me alot on my business on steam trading , i can buy any item with bitcoin and with many people over the world

It has finite supply, if it is like a game, fiat money is a cheat, with non-stop printing. Well Bitcoin in the case is like a valuable gem that continues to grow and develop. It is made for the mass and on the other hand is made only for the well being of a small group of people.

It is really a good function, because it can really be frustrating when government monitors all your activities and slam unnecessary charge on you that they will get and not use for the right purpose other than for it to go into their personal wallet.

I really love the way Bitcoin has come to deal with them, and that is why you see most of them running up and down and trying to make sure that cryptocurrency does not see the light of the day, which I think is already too late for them, as crypto as gradually started becoming part and parcel of every one that is using it, and thank God it is nota system they can have access to destroy.

Being decentralized that leads to "Can transfer large amounts anywhere anytime (permissionless)", for me, that's the best feature that Bitcoin have because that's freedom right there, spending your own money without restrictions or authenticity check.

All choices are beneficial but I will choose the first one. No central authority. It could have been no worries for us to do bitcoin transactions. They can not interfere with the said transactions. Also, the single most valuable benefit of bitcoin for me is I've been using it most of the times for paying my personal bills. More convenient for a busy person like me to do digital payments.

Prior to when I got introduced to cryptocurrency too, I have paid so much to data entry companies looking for jobs I coulddo online to add to my monthly income that has never been enough to feed me and my family, which I kept running to debt and taking loan from time to time to foot my bills, But a friend gave me an opportunity through crypto and I get paid doing some jobs and also participating in some campaigns.

I think the money I have gotten so far through cryptocurrency has been more than what I have earned so far in the total job I have been doing ever since I started. It has really been a privilege to be a part of crypto community.

+1 on this. Admit it or not, almost all the reasons why BTC is valuable and beneficial will only fall as secondary to this primary reason-- that is we make money using BTC, trading earning it. The high volatility of BTC's price makes it possible to earn money through scalping. On the other hand, I like it that we can transfer large amounts of Money without going through the hassles of bank processes and requirements. This can be worrisome and tiresome when it comes to consumers, so BTC allows us to do our transactions without the many steps. :)

All those things you have mentioned are not even what I have in mind, but any way, I will go with being able to transact large amounts of money anywhere and anytime. That's a good thing about Bitcoins. But my main thing I'm considering as benefit is that the price is volatile and that means that I can make profit at anytime, unlike when I'm investing in stocks or saving my money in banks as fiats. I do know that I can lose as well, that's why I'm always very careful on my actions and what I'm investing, it's good to invest what you can afford to lose.

most people who join because being a trader will certainly choose that poll. I also realize that bitcoin and its markets provide a very profitable opportunity for users and investors. for me, I use bitcoin for currencies and transactions too, what I like most is decentralization, you can transact with anyone without fear of different types of banks, countries, fees and so on

Yes im agree, i do think bitcoin makes me earn money by doing trading and also bounty. So i think bitcoin is very valuable as the center of cryptocurrency and also as a breakthrough of technology.

part of the advantages of bitcoin for now is being able to send big funds, wherever and whenever, even cheaper than existing shipping methods.
does not mean there are no other benefits, but until now, besides the benefits of trading, that's what I always feel in financial transactions using crypto currencies, especially Bitcoin.

This outstanding benefit that has been effective for so many people is the major reason why our traditional financial institutions are kicking seriously against the use of cryptocurrency, for that millions of dollars that was transferred through cryptocurrency at very little cost, do you know how much these banks would have made from that?

This is why I don’t believe that the regulation we are asking for will ever see the light of the day so far this features are still being frowned on by the government and financial institution. For regulation, the only thing I see his government creating a coin that is taxable and chargeable.

Yes, and also if we compare Bitcoin compared to alt which might win in transaction speed and also fee, this can be covered with more stable bitcoin prices and also better recovery prices. I like how to implement crypto without a median, you only need a wallet and some time to confirm and everything is transparent

The most valuable benefit of bitcoin for me is that, bitcoin is a source of income and it helps me sustain or fond my everyday needs and wants. What I earn from bitcoin is big compared to my other source of income.

The ability to transfer money across the world with relatively low fee and quite fast at that. I mean maybe people find that as something very usual and ordinary but believe me, It's really convenient when you are buying things like gift card internationally and many things.
Sometimes paypal will make something hard and complicated but using bitcoin it just works and things gets a lot easier.

Bitcoin has no central authority and no single government or personality can control it and  to me that is the most important aspect of bitcoin and what attracted me to it. Bitcoin has proven to have an independent mind and when people are predicting bad things about it, it do surprise all of us with a big move. I do think that it is the future of our political and financial systems and it will rule the world of money for a very long time if not to the end of life. Bitcoin is anonymous and there is no need for a third party in transaction and this particular feature kick bankers out of business and that means our funds are saved with us.

The main benefit for me is that the income I get in Bitcoin is more than enough and I feel that I can become a more abusive investor going forward by learning to invest in this cryptocurenncy world, and I also trade here so that I get a rather large profit

I can’t really wait for most of the ecommerce stores I have been longing to patronize but could as a result of payment restriction to adopt bitcoin and implement it. Bitcoin has really perfect everything in this area, you can move fund without restriction, limit or ban and for this reason is why sometimes, I am being tempted to convert all my business money into cryptocurrency and keep in my wallet, but because of its volatility now, I have not been able to firmly make that decision. Which is why I cannot really wait for bitcoin to become a stable coin, so that all my fiat can go into my bitcoin wallet.

Even it is risky, bitcoin is very profitable for both trading and long term holding. You only need to learn on how to handle bitcoin effectively so you can gain substantial benefits from it. The continuing adoption of bitcoin will further boost the price of it and this will also benefits many investors that been holding their coins for some months or years. Bitcoin provide many benefits but the most important benefit for me is that no one control it, not even the governments.

That's right and that's the real goal for people who invest in bitcoin or crypto, they are eyeing the profits or income that bitcoin can give to give price changes that are always natural. It would be very hypocritical for those who do not acknowledge it.

With this finite supply, bitcoin will become very scarce in future and once it becomes scarce, the value will continue to appreciate till it get to final peak which many believes to be 1 million dollars, and this is exactly what I like about bitcoin.

The future I can see in it and financial freedom I will finally have in some years’ time when this happens, by then, I can confidently have about $450 million dollars with my 3 bitcoin because till then before I can sell off the one I have set aside to hold for a very long time no matter the increase we see for now, and I like that fact that by then, I will be able to move my transactions easily and freely without any part involved to question how I got my money.

the limitless transfer are really benefit for me it help me to expand my business into other country and make my business bigger

I've heard this argument so many times, how can people not understand that it's completely wrong? Here's an illustration - you can fork the US dollar by drawing presidents on pieces of paper and saying that those are US dollars - no one is going to accept them. Same with forks, they are not Bitcoins, they are shitcoins that no one wants, they only have value because of speculators who are ready to gamble with any coin.

At present I'm enjoying the immunity from the moves GBP is making. Its future is likely to not be all that bright. I well remember the day of the Brexit result. Combined with other investments being abroad it was a rather large bump in my net worth in a matter of minutes.

I may wind up emigrating as Britain degrades into a mindless, skint fuckhole and by that point there could be capital controls and all sorts in place so the idea of being able breeze away without any encumbrances is refreshing.

I'd put many small benefits into one category, that is safety.
By owning Bitcoin I'm safe from government surveillance. Safe from inflation and monetary policies. Safe from stupid laws, like the ones that limit the amount of money I can withdraw at once or take out of the country. I don't have to explain why I sent more than €20k to someone and what where did the money originated from.
Nobody can profile me when they don't know how much money I have and how much I earn per month. I'm not their typical brainwashed citizen who works overtime to pay mortgage and keeps everything in the bank.

For me is it Can transfer large amounts anywhere anytime (permissionless) without third-party interference, this is the reason why governments are afraid terrorist might use this feature, it has become easy to launder money because of this, this feature has advantages and disadvantages to the community.

Nice thread  ;)
For me, the most valuable benefit it's the fact I can gain money, invest and be part of my future

The most valuable benefit of bitcoin for me is the use of it as payment. I can buy things online, pay it directly then delivered to our house after few days. I don't need to go at atm machines just for that. I can even pay our bills and have a small cashback on it.

People are forgetting the transparency of blockchain while they are talking about benefits, yes it helps us a lot for a global connection where everyone anywhere in the world can send and receive money from each other much easier with bitcoin and crypto but without the transparency we wouldn't have the current system neither.

Blockchain allowed us to have security as well, paypal would work just as fine as bitcoin if blockchain didn't exist, people would just send and receive money like they want but thanks to blockchain more things are capable for us like not double spending or no double chargers or no chargebacks, all thanks to bitcoin. Some of them could be beneficial to some people but for some people having those options would be bad.

Like you can sell something to someone and they can do a chargeback and you are now both minus one product plus minus that money so you are in loss, blockchain stops that.

This is it for me, when talking about money and Bitcoin as money. I'm a typical Bitcoin guy really, I like it for its design, I love it for the work put into it, but really, if we have to talk about Bitcoin as money, which is why I'm into it in the first place, then this one is the single most valuable benefit: I can sell or buy it any time and any where in the world.

I'm talking literally too. Try doing that with US dollars. You'd need to find a moneychanger first.

There are many characteristics of bitcoin that I love but the one I like the most is the fact that no one except yourself has access to your coins, we have seen how when an economic crisis strikes governments will freeze the assets of people or will take haircuts from their bank accounts, which is nothing but stealing from them and trying to make it seem as if it is a fair thing to do, but that is impossible to do with bitcoin so it does not matter how many forks of bitcoin are created my bitcoin will be safe in my wallet.

Why is everyone afraid of government LOL. I guess this is really a battle line that has been drawn between cryptocurrency users and the government as regards financial tools.

For me, that is not what is outstanding to me in cryptocurrency, the fact that I can conduct my transaction easily and fast without much restriction, which I will still say has to do with government though, but the restriction of not being able to make payment to some other parts of the world easily because of the distance despite the existence of credit cards and western union which Bitcoin has completely solved is what makes me crazily in love with cryptocurrency more.

Most benefit of crypto currency is transferring huge amount without much effort if it is done via fiat lot of process needs to be cleared and also we need to give the source of that money or our account is in the danger of blocked.

But lot other benefits as mention in the pool.

I voted for " Cannot be seized by a central authority ", I believe with that, we have a freedom to transact online without fear that our money will be lost. As long as we do it in a P2P transaction, there's no government involved on it, and we can do it anytime as they cannot stop the miners who are spreading all over the world, even if bitcoin will become illegal in most countries, but we can use one country to operate and mine crypto so the system will always be live.

All those points attracted me to use bitcoin to be honest so can't point out single thing as benefit.

But I feel that finite number of coins made everyone to look it as better than fiat.

It is better you continue to keep your mind more on the utility part of it so that you don’t get discouraged when it can no longer be used for trading in future, because the time is fast approaching, when the market of bitcoin will have like zero volatility when most of the remaining supply has been bought and there is no much coins to move around the market again, then bitcoin will only be used by users that has it to purchase goods and services, and also hold it as store of value, so make use of all the opportunity you have now to make money from your investment before you can no longer be able to trade with it again.

Indeed, bitcoin is a very profitable investment especially now that the coin is showing its bullish trend, also making payments is fast is really convenient and stress free because it can be transferred in a span of like max of 30 mins regardless of where are you located.

This aspect of it would really be of more beneficial to large scale industries who need to move large amount of money from time to time without having it get delayed by government through their unnecessary verification's just to calculate what will be their benefits there, it will even save them more cost compared to the charges the authority will slam on them for transacting business with such huge amount of money.

It is also beneficial to individual,because I have seen case where money that means nothing to you get queried on by the bank, and you even get lots of policies that will restrict the account for operating such amount of money without opening a special account, but with crypto, everyone has equal right to amount of transaction that can be carried out using cryptocurrency.

I appreciate having an asset that I don't need to rely on anyone else to hold. I also think that Bitcoin is the first in a brilliant and ambitious quest to find a successful way of enabling decentralized consensus. I want to be involved in that process.

For now, i use it to trade to make money, and i also receive payments through it

I consider bitcoin as a long term type of investment. I started with bitcoin about 2 years ago, although I'm not updated with all that is happening I casually visit my trading site and check on my bitcoins and alts.

the benefit is bitcoin is my investment also my wallet too, bitcoin wallet is safe and no one know I have money there even my family :p

I don't have a particular choice on the poll until this one. This, personally, is my primary reason or primary benefit that bitcoin gives me. And that is, of course, through signature campaigns. It doesn't allow me to exert much physical efforts. Just by having a stable internet connection and my smartphone here with me, I am able to earn money. Plus I can learn from others here and some can also learn from me so it's a win-win situation. ;D

Transaction has been the most important thing for me and that's the main reason why I started making use of Bitcoin and not because of the volatility and for investment. When I started making use of Bitcoin the maintain I was using it for was transaction, sending and receiving money from people I was working with back then. And I don't even store Bitcoin in my wallet, once I get it I just exchange it for fiat immediately. But after making use of it for transactions for a long time, I then decided that it was time that I start investing in it, which is what I'm doing now as well.

Bitcoin gave me a lot of opportunity. From the moment I joined this forum, it gives me an open ecosystem. A kind of ecosystem that I don't expect I will earn. I thought online is just full of scams but when I have been part of bitcoin and crypto industry, I made a lot. Thanks to the person who shared this stuff for me. I don't earned more than 1700 dollars without him.

This is really good when you can save your money but no one else can know about it, in this era we will have to save something against rainy day we know one day we will need this money, so better save something now when price of coins is really low, later on price will be very high, use wallet to save your investment to make you future safer.

It may not be safe storing bitcoin and altcoin to a trading website as you don't have complete control on your cryptos there. Once that site have been hacked or your account has been hacked you won't recover them anymore. It's better to store them on a wallet where you can access it using a private key. It's more safe there and hackers can't steal your cryptos. Just make sure to have a backup of it so you can recover it on any device you want.

Except profit, we all like to make profit, from the beginning of my crypto journey I felt like I have a purpose, like I`m doing something meaningful. We are changing the world with using crypto, and I`m glad that I`m a part of something so huge. It`s more than just a profit, profit is just a cherry on the top.
Thank you all for being so awesome, to be here despite everything. We had many ups and down, but now we are sure that crypto is here to stay with bitcoin on the top. We are part of something great here, we should be proud, bitcoin wouldn`t be here without all of us!

To me is that it can be anonymous. That if you just don't want certain entities not to know how much money you have, you can have it on a piece of paper, or in your computer.

The first part you mentioned is just going to be a temporarily one, because bitcoin will not continue to fetch you money for ever, bitcoin is good for investment now because of the supply that is still available and you know that it has a finite supply, once the supply is over, bitcoin will no longer be useful for investment as it will no longer have any volatility left for trader to make profit from its increase.

You need to start holding on more to the valuable function of bitcoin, which is to make payment for your services and for your goods easily without any form of stress, too many involvement or delay in fund processing, and the fact that you can conduct your transactions off the eye of government or any organization that has been a pest on your neck as regards your financial transactions.

but what if they will search your name or your bitcoin address on a bitcoin explorer ? they can still see your balances and transaction  because bitcoin is not that anonymous  . if you want real anonimity then go on private coins like monero  . by the way , the most valueable benefit that bitcoin gave me is profit because i use my bitcoins as an investment tool and i can earn regular profits with it  but aside from that  , i also use my bitcoin as a payment method when i need to gave money for my family as they also have a bitcoin wallets installed on thier phone and they are far away from me  .

Nothing beats bitcoin when it comes to convenience and ease of transfer especially across borders. There are no 'gate keepers'mto monitor or approved your transaction while charging some hefty fee.

I am not against of anything but what i like most with BITCOIN?
that is their volitality/ i love the fragile of the price which gives me a lot.
now that the coin is gaining i am here waiting

As long as we are free to do whatever we want with bitcoin there is no reason not to be doing whatever you want with it. I mean with dollars or basically any fiat currency even in cash form people are afraid to do whatever they want, yeah they can spend it on regular stuff but as soon as it hits the legality gray area zone they are afraid of doing something illegal and getting caught.

I am not talking about illegal stuff like buying drugs or hiring a hitman type of crazy scenario, I mean literally supporting the opposition candidate in a dictatorship is risky in our age, try to give money to Putins enemy, you will be murdered, try to earn your money from another country and getting into your country, your money will be frozen and a lot of it will be confiscated. Basically it gives people the freedom to do stuff they would otherwise be afraid of doing.

There is a difference between fiat in physical cash form and fiat we spend through centralized institutions.

Fiat in physical form is what allows people to obtain the highest degree of privacy with how transactions are peer to peer, and not recorded on a server or ledger. This is what enables criminals to do whatever they want. This is how governments finance wars, buy weapons of mass destruction, etc. It's the ultimate form of money for both good and bad use.

What you are talking about is fiat people spend through centralized institutions.

For me Bitcoin is an extra income that helps me a lot. So, funds that I get and could easily change into any fiat currency. It's fast and convenient and always available. That is one of the best advantages for me that could help me changed my finances.

For me, the biggest advantage is that no one can seize my coins and if I am careful about it, then no one would even come to know how many coins I own. These things are not possible with any other asset, including fiat cash, bullion or equity. Another advantage is that we don't need the help from third parties to store the coins. With fiat cash, we need the help from banks.

I agree. Most people focused on the profit from Bitcoin, their only goal is to get more income. I don’t deny that profit from btc is a great benefit as well. Therefore we all should try to understand the idea behind creation of Btc and we should appreciate it more.

Right, as long as you know how and where to hide your bitcoins then it's really one of the advantage of it. Specially for long term holders around, if they are just going to wait for the perfect time to sell them to fiat then no one can touch or get away from it.

And of course the potential profits all of us can get. Bitcoin is one of the best performing assets, and no other assets or investments out there can really give you the profits, not banks, not gold, not oil.

Not only that if you know your seed words you can carry all your money with you all the time without any way for anyone to know it, that is huge especially as governments put restrictions on the amount of money you can carry with you, this means that as long as there is some place where you can use your bitcoin to buy what you need you do not need to convert your money to fiat, and while at the moment you cannot do this everywhere due to the limited adoption of bitcoin around the world, this will change during the next decades as bitcoin becomes more popular.

I understand the real possibilities of Bitcoin, where you can very quickly and without any problems conduct online transactions, transferring fairly large funds.  But today bitcoin is a very profitable investment for me, which gives me the opportunity to become financially independent.  Since I still had certain financial difficulties, I use the cryptocurrency for my own benefit first.

This is for me the most valuable benefit of Bitcoin.

I know this sounds weird for others but I'm not going to spend 8 hours in a company and will be paid under the minimum wage. I don't want to be ordered too for some reason. I would rather stay in our house and face my laptop.

I know there are some users here too are like me and there is nothing wrong with it as long as it is stable then its ok.

From the beginning I learned about cryptocurrency and understood it because their main benefit was freedom of transactions, from that I started to be interested in blockchain technology, because basically I really like looking for new things, especially when it comes to information technology. Then after that I learned not only the freedom of transactions but we can also make a profit in the world of cryptocurrency, even though in the end this is arguably the zero-sum in trade to earn profits.

It is not weird at all, most people want to be independent from their bosses and there is nothing they would like more than to quit their jobs and start their own business or become freelancers, but most people do not have what it is necessary to pull it off, but bitcoin definitely helps those that prefer to be their own bosses since you can get payments all over the world for a cheap fee, there are no third party obstacles like the necessity of going through KYC and bitcoin acceptance is doing nothing more but to increase and when you add that bitcoin is also an investment that over the long term goes up in value you have the perfect form of money for those that want to be free and not work for anyone else.

The ability to sought and buy anything from across the globe with the use of bitcoin is definitely valuable in my part. There are instances where Small online sellers and retailers don’t often sell their services or products internationally because of the high cross-border transaction fees. Bitcoins, being global, relives this pressure once and for all, thereby making payments cheaper, safer, easier, and faster. In the past recent years we can say that bitcoin has significantly improved commerce which brings out advantages that benefit both the buyer and the seller.

Aside the undeniable transaction benefits attained from Bitcoin, Bitcoin investment has always been the number one and most valuable benefit I experience. With the correct timing and patience, my bitcoin investment is able to yield more than 900% profit which is more than any profit return any investment platform can offer an investor.

Should have added that transactions are on the blockchain. That allows them to be tracked which might be useful in some situations.

I've used it to pay bills before (albeit through an exchange) and I can say that it's convenient (I'm wary of connecting my utilities with my credit card). I'd agree that the most benefit many of us had here is income. People who otherwise can't buy stocks can easily buy bitcoins and trade or hold.

That's why I said that it can be unanimous. Particular for a regular person that's just trying to stay private. As apposed to a high target person who the feds are willing to spend a lot of money and resources tracking.

For example if a person loses their job and is applying for food stamps. The food stamps people will know how much you have in your bank account, but not beyond that.

But yeah, privacy coins for the win.

When I started making use of Bitcoin I never knew about it being anonymous, so I think my main reason for using it for transaction. Though it wasn’t useful at first because the platform I was using then wasn’t accepting cryptocurrency, I had to abandon and go for another payment method until I found out that it was volatile and be an investment, that’s when I decided to invest in it and then leave the money to grow. My main purposes are being a mode of transfer and also being an investment. Being anonymous is a good thing as well, just that never thought of it that way at first… but it’s also one of the coolest thing, so I’d say it’s a bonus.

My most valuable benefit of Bitcoin is the anonymous ability to make transactions with anyone in any part of the world. There have been times in the past when I have tried to send/receive funds from/to someone in a far away country but was difficult. But now, I can do that without any stress.

im sure if people mostly will say that the valuable benefit is can make money, and i will say the same. i dont know if bitcoin can make money, it will be famous like now or it just a science practice that implement for various fields.
easily to earn, and great value make people love it.

For me the most benefit of bitcoin for me is to use it as payment, and not seized by a central authority, i can buy somethings online, then pay it directly form my wallet and then finnished it by seconds. I don't need to go out to atm just for that, then lastly we can even pay our needs like eletric bills.