what you like best in Bitcoin ?

[jt byte]

The bank fees internationally are very high, if we compare these fee with bitcoin fees then it is just nothing.

The bank fees are ultra high, it can be considered an extra tax on your money.

Imagine the big companies like google or microsoft that deal internationally, they pay millions of dollars, just in banking transaction fees, can you imagine that?


And the banks really book alot of money, but I dont think the banks like the high transaction fees. Now you might think why the fuck they do not like it when they are profiting tons of money from it.

But actually they dont because, they would prefer if all transactions were faster. See if TX cost is high ,then people dont transact much to save on the fees, and because of this a big lump develops which slows down the economy.

If the TX speed were faster, then the banks would profit way more than from TX fees, because the prices of the assets would rise much faster (stock market, etc.)

So I believe a lot of banks work hard to minimize the TX fees as much as possible (because most of is is just a cost of AML/KYC background checks and risks).

SO that is why banks like blockchain technology that much.

That's true, here comes a comparison(the transformation) Mail - > Email, the speed, time spent and the cost. So are and the banks we compare Bank - > Bitcoin, the speed and cost are better.
P.S i hate fees, especially hidden fees.

[mavericklm]

the fact that i can transfer it around the world in few seconds! and be sure about the transaction in ~half hour!

[coinplus]

I like all the innovations associated with bitcoins. I bow to the idea of creating decentralized money. It's highly possible only because of TCP/IP protocol. We need to thank Internet inventors. I owe to Satoshi Nakomoto for his invention and ideology. He must be the biggest scientist of this 21st century.

[randy8777]

With Bitcoin it is very possible to be able to send and get money anywhere in the world at any given time.
Anyone at anytime can verify transactions in the Bitcoin block chain.
Currently there are either no fees, or very low fees within Bitcoin payments.

Its just funny that in another thread a guy cried to me about saying that the new bitcoin implementations would push the transaction fee higher.

Oh, bot so now we are worried that it goes from 15k satoshi to 30k satoshi, how horrible is that.


Meanwhile with the banking industry you pay 400$ + 10% comissions on a large bank transfer.


These guys are out of their minds.I wish we only had to cry about a few satoshi price increases, but they fail to realize that the banking industry is way more expensive.

The bank fees internationally are very high, if we compare these fee with bitcoin fees then it is just nothing.

it's not that bad as it used to be. my bank at the moment handles a 0.1% fee of the amount you want to send to other countries. which is still very high compared to bitcoin, but the bank fees are slowly comming down.

[stuff0577]

Thing that's what I love about it is I get projects for bitcoin related stuff. 

[phibay]

the fact that i can transfer it around the world in few seconds! and be sure about the transaction in ~half hour!

its indeed the best of bitcoin and also the best and fastest way to transfer money worldwide! its good also for overseas workers to send money instanly to their loved ones, actually i already recommended it to my aunt who works overseas to use bitcoins when sending money here for my cousins and so far she liked it and save more money than using wu transfer

[HeroCat]

Easy crypto and fast transaction times  Can manage BTC wallet easy and send /receive BTC 

[ashour]

I really like the fast transactions speeds, paypal and google wallet can't compete with bitcoin into that. I think hat once bitcoin is hard forked there should also adjust the transaction speeds so It is faster.

[corps]

The blockchain acts as a public ledger I really love that idea and hope it gets implemented into others things in the future

[btccashacc]

fast tranasaction, also i can look up and see balance from my bank without sign in

[Hugroll]

i like the control i have over my money. i can move it wherever i want whenever i want. also the transaction fees are fairly low. and its really secure and anonymous the person who i deal with only gets my btc address,and not my real name .

[confirmation120]

What I like the best on bitcoin is its anonymous being. It is really useful for people who value their pricacy like me, I like the fact that I can gamble with bitcoin without giving my personal and confidential details

[saturn643]

Facilitated integrated micro transactions, especially on-line.

[1Referee]

# I fully own my OWN money.
# Sending money 24/7 to each part of the world instantly.
# I like the fact that I can have plenty of value stored somewhere where I can simply hide it away from the tax authority here and use it partly or complete whenever/wherever I want.
# No chargebacks.
# No PayPal, no MasterCard, no Visa, no banks.

[lorylore]

That I can convert them to real cash fast. 1 business day.

Have you heard about bitcoin debit cards?
If no then you can convert your bitcoin to cash instantly in ATMs.
The disadvantage is that the fees of the card are a bit high. (Check bit-x, xapo...)

[Wapinter]

That I can convert them to real cash fast. 1 business day.

Have you heard about bitcoin debit cards?
If no then you can convert your bitcoin to cash instantly in ATMs.
The disadvantage is that the fees of the card are a bit high. (Check bit-x, xapo...)

And it is not available worldwide

[lorylore]

That I can convert them to real cash fast. 1 business day.

Have you heard about bitcoin debit cards?
If no then you can convert your bitcoin to cash instantly in ATMs.
The disadvantage is that the fees of the card are a bit high. (Check bit-x, xapo...)

And it is not available worldwide

Well it depends on which country you are.
Bit-x has some restriction that you can verify and upgrade to Level 2.
Have you checked also e-coin.io ? You need to convert first the bitcoin to $, € then going to ATMs to withdraw?

[killerjoegreece]

What i really like about bitcoin is it has 21 million coins which makes it extra rare. and if you count in the lost and burned coins its much more valuable and rare.

[MinerHQ]

for me is its decentralized characteristic I have the freedom to have full control over what happens with my income and savings.

Also one can send money to any one in the world in just few seconds without or just very small fee. This is the fantastic feature.

[xhoneyael]

What i really like about bitcoin is it has 21 million coins which makes it extra rare. and if you count in the lost and burned coins its much more valuable and rare.

i think its not about the coin supply..
for me it about how hard to earn it and how useful it is..