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Author Topic: why should common people use bitcoin?  (Read 2156 times)
MasterOwel
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August 08, 2014, 07:50:19 PM
 #21

I agree that bitcoin is like gold in it's early days.
At one point of time, people spent gold like money. I see that as how bitcoin is today. Someday bitcoin will hopefully be like gold, a great storage for money to increase in the future.
Beliathon
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August 08, 2014, 07:59:08 PM
 #22

"Common people" pay 20-30% remittance fees to vile companies like Western Union when they want to send money home to their families in home-country.

With bitcoin they pay less than 1% fees.

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
Daniel91
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August 08, 2014, 08:12:28 PM
 #23

Common people still didn't hear about Bitcoin so this is the biggest issue now.
Still we have to help and advertise Bitcoin to the merchants so that common people can see benefit of using bitcoin, for buying different products and services but also we should show that bitcoin can be good investment in the future, better than US dollar Smiley

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thehappybtc
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August 08, 2014, 09:01:23 PM
 #24

When bitcoin adoption will be completed, its usage will be fast and easy enough to be used by all the common people, but now it isn't so.

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August 08, 2014, 09:56:19 PM
 #25

At this point common people should use it as a currency to purchase things from companies that either

1) only accept BTC
2) offer significant discount for paying with BTC

Or

If they need to send money internationally, and cannot wait for a bank wire, or do not want to pay the fees.


Common people probably shouldn't invest in BTC, unless they can stomach the swings in prices.  Or if they have a very good amount of disposable income, so it wouldn't affect them all that much to be up or down money on any given day.
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August 08, 2014, 10:02:33 PM
 #26

Great question. Theres alot of positives and alot of negatives. Positives outweigh the negative.
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August 08, 2014, 10:09:07 PM
 #27

Iwant to know your opinion briefly. Consider tthat common people want easy to use things, common people don't know a lot of technology, common people use apple because android is to complicated and dangerous. So I am talking of this kind of people. Why should they use bitcoin?

they should not.
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August 08, 2014, 10:10:43 PM
 #28

Why use bitcoin? Because the banksters have us in a headlock. Time to fight back. With Cryptocurrency in general.
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August 18, 2014, 03:05:18 AM
 #29

because it is modern
johnyj
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August 18, 2014, 03:17:17 AM
 #30

Save for retirement, and purchase software/games subscription online in another country

Actually the virtual economy is the place it should be used, since it is on the internet without border

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