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Author Topic: A little reminder why Bitcoin is necessary  (Read 549 times)
TribalBob
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February 26, 2022, 03:57:53 PM
 #61



I'd rather have bitcoin than use paypal, where the terms and conditions are not reliable where paypal regulates our money without being given the freedom to trade like  in bitcoin

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pawanjain
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February 26, 2022, 04:08:53 PM
 #62

If you hold a bitcoin or even a fraction of it, you are basically "own" your money. Nobody else has the right to restrict your access to it and you can spend it whenever you want.
Even the current crisis in Ukraine has forced many people to depend on bitcoin as a source of payment for various things.
Although most people are holding bitcoin because of it's speculative behavior, it still proves it true potential when times like this occurs.

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haasanjui
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February 26, 2022, 06:50:33 PM
 #63

Bitcoin is necessary to understand for live in modern world and prepare for future. It is new currency which is popular in world called Cryptocurrency and its aim is to provide world wide secure online transaction. Bitcoin is big coin of Crypto and it is accepted in many of companies and shops as a payment asset.

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DoublerHunter
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February 26, 2022, 09:07:39 PM
 #64

I'd rather have bitcoin than use paypal, where the terms and conditions are not reliable where paypal regulates our money without being given the freedom to trade like  in bitcoin
^ Nobody wants a centralized exchange these days because of the heavy regulations.
Even on myself, I prefer to use BTC which is more decentralized than Paypal, because you will never know when they will ask for verification again.
Op was right, BTC is most important right now to spend your money without central banks or any authorities involve but the problem is once you have fooled with someone your coins will not easily back there is no chargeback not like fiat.
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