Why Bitcoin?

[Bit_Happy]

You could ask the same with facebook, why should someone use it instead of a different social network. The answer is simple facebook is the biggest social network with the most support worldwide. Bitcoin is like this the biggest crypto currency in the world, until a new crypto currency comes wich will have more support and more users than bitcoin we will still prefer bitcoin.

Yeah.....
about facebook, that is a bad example bro.
Facebook was funded by the NSA or the CIA, I don't remember which but it was money from a bank they control.

Some start-ups are backed by the CIA:
Connecting In-Q-Tel to Facebook isn't easy using mainstream sources, but there are many rumors about "Fedbook" being started/helped by the Gov't.

[oblivi]

Bitcoin is the biggest network in the world, more than all supercomputers running together, thats why.
And any other analogies you want to make (look what happens with myspace etc) will never work, because Bitcoin is decentralized.

[Xenoph0bia]

Bitcoin will be the future global currency and would be accepted across the globe and at present that is the best product to invest in and can give you a better returns on investments no doubt the risk is involved in investing in its but it goes with any financial product but still bitcoin is safe for the future.

[hunnaryb]

Thats true. Bitcoin is the safest at present to invest and its a future so can afford to invest in bitcoin for the better returns in the future. Gold can be one option but its prices are continuosly going down but it will not be the case with bitcoin in the future as people start adopting it.

[stromma44]

Sooner or Later it will replace Fiat Currency and I travel a lot so for me Bitcoin is best for the payment purposes I don't have to pay for currency exchanges costs wherever I travel and I just pay using bitcoins which saves my money and I can travel with very less cash in my hands.

[jacktheking]

I choose Bitcoin because this is the only way I can receive payment online. I dont have paypal or Skrill or anything. The only popular and secure online currency I can use is Bitcoin. That's why I choose Bitcoin. Agree.. Let's hope that Bitcoin will not become a bank product. I hope Bitcoin will be decentralized forever.

[louise123]

Bitcoin is the biggest network in the world, more than all supercomputers running together, thats why.
And any other analogies you want to make (look what happens with myspace etc) will never work, because Bitcoin is decentralized.

Yeah but the Bitcoin network can only do one thing, whereas supercomputers can handle all kinds of tasks.
So I don't think that is a good comparison.
Just saying....

[Amph]

I choose Bitcoin because this is the only way I can receive payment online. I dont have paypal or Skrill or anything. The only popular and secure online currency I can use is Bitcoin. That's why I choose Bitcoin. Agree.. Let's hope that Bitcoin will not become a bank product. I hope Bitcoin will be decentralized forever.

it can't be centralized ever, at worst they could come up with something like it but centralized, like ripple for example

bitcoin will still remain the valid choice of liberalist

[thebenjamincode]

i've been around this community a few years and i still don't get why anyone would chose bitcoin.

don't get me wrong i believe in an alternative p2p currency, but to me bitcoin certainly doesn't cut it.

about the only answer people have is first mover advantage. but that's pretty much it.

bitcoin seems to, over time, be drifting more into a centralised system, core dev team where so few as 5 completely control the code, backed by what has come to light time and time again a very questionable central organisation.

have VC with their little startups jumping on board left right and center, and we know their goals  , bitcoin's heading more and more like being the bank product it was meant to be an alternative to  

seems the only way to back bitcoin is keep your head it the sand and hope it'll all turn out good in the end........

well i think it is because bitcoin is already an established crypto currency unlike those altcoins even though some of them are innovative are not yet well established and not much of it are supported by many people

[amiryaqot]

i've been around this community a few years and i still don't get why anyone would chose bitcoin.

don't get me wrong i believe in an alternative p2p currency, but to me bitcoin certainly doesn't cut it.

about the only answer people have is first mover advantage. but that's pretty much it.

bitcoin seems to, over time, be drifting more into a centralised system, core dev team where so few as 5 completely control the code, backed by what has come to light time and time again a very questionable central organisation.

have VC with their little startups jumping on board left right and center, and we know their goals  , bitcoin's heading more and more like being the bank product it was meant to be an alternative to  

seems the only way to back bitcoin is keep your head it the sand and hope it'll all turn out good in the end........

well i think it is because bitcoin is already an established crypto currency unlike those altcoins even though some of them are innovative are not yet well established and not much of it are supported by many people

invest in other altcoin is like a gambling with no guarantee return of your initial amount there is much big risk involve in it but Bitcoin is the safest investment for bright future, so much public awareness and merchant acceptance around the globe.

[nerFohanzo]

i've been around this community a few years and i still don't get why anyone would chose bitcoin.

don't get me wrong i believe in an alternative p2p currency, but to me bitcoin certainly doesn't cut it.

about the only answer people have is first mover advantage. but that's pretty much it.

bitcoin seems to, over time, be drifting more into a centralised system, core dev team where so few as 5 completely control the code, backed by what has come to light time and time again a very questionable central organisation.

have VC with their little startups jumping on board left right and center, and we know their goals  , bitcoin's heading more and more like being the bank product it was meant to be an alternative to  

seems the only way to back bitcoin is keep your head it the sand and hope it'll all turn out good in the end........

well i think it is because bitcoin is already an established crypto currency unlike those altcoins even though some of them are innovative are not yet well established and not much of it are supported by many people

invest in other altcoin is like a gambling with no guarantee return of your initial amount there is much big risk involve in it but Bitcoin is the safest investment for bright future, so much public awareness and merchant acceptance around the globe.

I Agree. Altcoin is not a better option no doubt it is attractive at present but there is high level of risk involved with it so its better to stick with bitcoins and as the adoption and acceptance level will go high the bitcoin will regain its popularity and the perfect value.

[louise123]

i've been around this community a few years and i still don't get why anyone would chose bitcoin.

don't get me wrong i believe in an alternative p2p currency, but to me bitcoin certainly doesn't cut it.

about the only answer people have is first mover advantage. but that's pretty much it.

bitcoin seems to, over time, be drifting more into a centralised system, core dev team where so few as 5 completely control the code, backed by what has come to light time and time again a very questionable central organisation.

have VC with their little startups jumping on board left right and center, and we know their goals  , bitcoin's heading more and more like being the bank product it was meant to be an alternative to  

seems the only way to back bitcoin is keep your head it the sand and hope it'll all turn out good in the end........

well i think it is because bitcoin is already an established crypto currency unlike those altcoins even though some of them are innovative are not yet well established and not much of it are supported by many people

invest in other altcoin is like a gambling with no guarantee return of your initial amount there is much big risk involve in it but Bitcoin is the safest investment for bright future, so much public awareness and merchant acceptance around the globe.

I Agree. Altcoin is not a better option no doubt it is attractive at present but there is high level of risk involved with it so its better to stick with bitcoins and as the adoption and acceptance level will go high the bitcoin will regain its popularity and the perfect value.

There are quite a few alt-coins that are gaining popularity, and there are quite a few alt-coins that are more innovative than Bitcoin.
Their only drawback is that they came after Bitcoin and Bitcoin is well established now.

[LFC_Bitcoin]

If you're aware of bitcoin & have been in this community for a long time you should still hodl maybe 5 bitcoins just incase we explode into mainstream & you knew about bitcoin but didn't take advantage of it then you will be kicking yourself.
Don't have any regrets.
Buy a few coins, put them in cold storage & forget about them for a few years.
It might be the best thing you ever do.

[AtheistAKASaneBrain]

Bitcoin is backed by computational power, unbreakable encryption and huge amounts of electrical power being used to secure the network, the biggest network in the world (main reason to pick it vs the rest of altcoins). It is also backed by leveraging the entire global internet.

Also, it is not Fiat, it does not exist by law or decree and it does not have a sovereign nation backing it with debt or threat of violence.

[shulio]

i've been around this community a few years and i still don't get why anyone would chose bitcoin.

don't get me wrong i believe in an alternative p2p currency, but to me bitcoin certainly doesn't cut it.

about the only answer people have is first mover advantage. but that's pretty much it.

Explain the word choose bitcoin? If choose means that collecting it and save it then I would say I dont choose bitcoin. Many people choose bitcoin because bitcoin is the first mover in this industry and the second reason would be because of its higher price than the other cryptocurrency which make it more known by some companies

[MicroGuy]

Bitcoin is the biggest network in the world, more than all supercomputers running together, thats why.
And any other analogies you want to make (look what happens with myspace etc) will never work, because Bitcoin is decentralized.

Bitcoin is one of the most centralized currencies on the earth. Core changes are controlled by literally a handful of people.

USD and EUR is much less centralized (and much more anonymous) than bitcoin because no central authority can take money buried in your backyard, but a single update by Gavin and every bitcoin and wallet on the globe is affected.

[Kyraishi]

Bitcoin is the biggest network in the world, more than all supercomputers running together, thats why.
And any other analogies you want to make (look what happens with myspace etc) will never work, because Bitcoin is decentralized.

Bitcoin is one of the most centralized currencies on the earth. Core changes are controlled by literally a handful of people.

God forbid, you should not say that!!!
You will get verbally attacked with things like: It's open source so anybody can modify it....

The truth is that even if you do, nobody will join you.

If it doesn't come from the handful of people controlling it now, it doesn't matter.

[Amph]

Bitcoin is the biggest network in the world, more than all supercomputers running together, thats why.
And any other analogies you want to make (look what happens with myspace etc) will never work, because Bitcoin is decentralized.

Bitcoin is one of the most centralized currencies on the earth. Core changes are controlled by literally a handful of people.

God forbid, you should not say that!!!
You will get verbally attacked with things like: It's open source so anybody can modify it....

The truth is that even if you do, nobody will join you.

If it doesn't come from the handful of people controlling it now, it doesn't matter.

the core of people who are in charge to update the client can't take action without the consensus of many, can they?

and usually what they do was always beneficial and mandatory, it's not like they are doing random changes...

[thejaytiesto]

Bitcoin is the biggest network in the world, more than all supercomputers running together, thats why.
And any other analogies you want to make (look what happens with myspace etc) will never work, because Bitcoin is decentralized.

Bitcoin is one of the most centralized currencies on the earth. Core changes are controlled by literally a handful of people.

USD and EUR is much less centralized (and much more anonymous) than bitcoin because no central authority can take money buried in your backyard, but a single update by Gavin and every bitcoin and wallet on the globe is affected.

You have a point, but then again at least we can see the code itself. With fiat, specially when the governments start making their own cryptocoin to try to compete with BTC, it will be closed source.
If you do something to Bitcoin and people like your modification, you can join them and fight the famous core developers to try to be more influential. With the government and central banks, you cant do shit and you cant see shit.

[Jeremycoin]

For me, because Bitcoin have the highest price rate. And also, I know everything about cryptocurreny is because of Bitcoin. So, I wouldn't leave this Coin (except if the price fall to the ground )