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1  Bitcoin / Bitcoin Discussion / Re: Facebook & Google creating its own Cryptocurrency! on: January 11, 2018, 04:12:05 PM
In my opinion, social networking sites shouldn't create their own cryptocurrency because it will just restrain people from enjoying the free communication.
2  Bitcoin / Bitcoin Discussion / Re: You all ready for Banks War on BTC? on: January 06, 2018, 06:17:21 PM
Many are uncomfortable with the introduction of futures. This is because Bitcoin was designed not to have any ties with banks or have a central regulation system.
3  Bitcoin / Bitcoin Discussion / Re: What is the purpose of a hardware wallet? You need a paper backup anyway? on: January 06, 2018, 08:32:36 AM
A hardware wallet is great for people who want to keep track of the transactions that they have. Using the same wallet you also get to send btc.
4  Bitcoin / Legal / Re: Bitcoin Legality in India on: December 29, 2017, 12:08:06 PM
India has just legalized the Bitcoin because they saw a lot of significant benefits of it to the people around. Trading with the use of it also made transactions faster.
5  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin less evil than PayPal? on: December 29, 2017, 11:30:15 AM
There are many advantages of bitcoin that will place it over paypal. First, the transactions with bitcoins are instantly done. It is less complicated and scammers can be dodged. Just watch where you are buying from.
6  Bitcoin / Bitcoin Discussion / Re: Bitcoin to eliminate unemployment. on: December 17, 2017, 06:53:18 PM
Bitcoins can never eliminate unemployment . Maybe for these following years bitcoins can still be profitable, but expecting it to be profitable for a a very long time for it to eliminate unemployment is very unlikely.
7  Bitcoin / Bitcoin Discussion / Re: What are the most common uses of Bitcoin? on: December 17, 2017, 11:18:42 AM
Bitcoins are used as online payment for transactions, you can order and buy whatever you want as long as the seller accepts bitcoins as payment, also many people use bitcoin as an investment fund.
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