What do you like best about bitcoin?

[deisik]

I like bitcoin because i earn money independently because of it without having to rely in others.
I love the other aspects that this crypto currency have like the anonymous feature, you can and receive payment without giving away any personal info and it's decentralized feature that nobody can control your money except you.

Its simply called anonymous and decentralized money features. Most of the people like this anonymous feature and now wallet sites also made a changes in their new version wallets such as btc address changes frequently. Once its been copied and most of the wallet not accepting VPN after you verify with your email for the security concerns.

It is easy to get bitcoin payments without disclosing personal details using any wallet address but on the other hand, one has to give his KYC details to purchase bitcoins using his bank account or credit card etc payment options. In that case, there is a breach of anonymity and even if one is transacting from single IP then it is not difficult to trace his transactions.

Enclose the banking details while involves in trade. Yeah we need to share the details you mentioned but Technically it is possible to track the IP address right. Just assume if bitcoin become legal in your country, sure you cannot be anonymous right. To say fact. I feel fear to see that blockchain technology is been adopted by many corporates and then they make put heavy fees or other charges for the bitcoin transactions

No, it is not right

It is not possible to trace the IP address of the transaction you made. Your Internet provider could potentially do that if he somehow managed to decipher the encrypted SSL traffic (which would be a feat on its own) to see that you actually made a transaction in the first place. But other than that, there is no such possibility. Once I came up with the same idea, i.e. the Chinese miners could block all the transactions going out of the US by their IP addresses (after Trump went mad cursing China), and the forum consensus had it that it is not technically doable

[n2004al]

As for me the best thing I like at bitcoin is that is a peer to peer product. In other words because is (the first) decentralized product of a revolutionary technology which will have impact in all our life. Then if is money, asset, or whatever will be named from the people or authorities, this is a secondary thing.

[RealPhotoshoper]

Fast transactions. Easy to use and the best is no bank needed.I feel empowered using bitcoin .

For me is cheap fees, I'm very glad if you send to different countries only charge $0.2, if using a bank transfer for about $20. Bitcoin is the best payment method and beat paypal.

And this is also faster than the bank, when you sign up to make a bitcoin wallet it's easy and fast while with bank they have to go through the process and will require you the necessary documents in order for you to get approved. That is the big difference on a centralized and a decentralized system.

Bitcoin not yet recognized as a money to transact by people in mass.
Not sure if you can compare between bank and bitcoin , it is pretty different from my point of view.
Bank is a financial institution that accept fiat and centralized while bitcoin is the system of its financial also as a currency , really complete and perfect.

[poetra2501]

As for me the best thing I like at bitcoin is that is a peer to peer product. In other words because is (the first) decentralized product of a revolutionary technology which will have impact in all our life. Then if is money, asset, or whatever will be named from the people or authorities, this is a secondary thing.

Bitcoin trying to revolutionize the world by transforming it into a purely
decentralized digital. Change concept currency no longer printed by a country.
Is no longer guaranteed by anything. But pure printable and is guaranteed by
the users themselves. The price system is based purely on supply and demand.

[lukeww51]

Anonymity and low fees. Of course bitcoin is only anonymous to a certain point I know that, but it's definitely much more anonymous than a bank account.
Also I like the low fees, which are especially significant when sending money somewhere overseas. And it's FAST! Much faster than international bank transfer and much cheaper than western union.

[BeGoods]

Fast transactions. Easy to use and the best is no bank needed.I feel empowered using bitcoin .

I think fast transaction would not you get in bitcoin if you only use a small fee. 10k satoshi especially at this time would require a very long time to be confirmed?

[HongKong]

 

Decentralization is the main feature of bitcoin for which today big countries like china and banking sectors fear bitcoins.Satoshi created bitcoin to free people from banking sectors.Another main feature is low transaction price,but its no more due to limited block size.

Sending payments from one place to another is good though when there is an intercepting third-party involved things tend to get complicated. When money is being used as the most important thing inside of a business people get really greedy.
I wouldn't be that surprised if the newer Bitcoin Developers kicked the main developer out just because the money was getting bigger.
Other than that, having a decentralized payment is why Bitcoin is really popular and that's why I like it too.

[delliaerd]

Anonymity and low fees. Of course bitcoin is only anonymous to a certain point I know that, but it's definitely much more anonymous than a bank account.
Also I like the low fees, which are especially significant when sending money somewhere overseas. And it's FAST! Much faster than international bank transfer and much cheaper than western union.

Yes, and bitcoin also more practically. bitcoin transaction costs that became one of the attractions for the people. but in my opinion the best thing of bitcoin is the price that tends to rise, despite the volatility of bitcoin is making prices fall but I think this is actually just a great opportunity to get bitcoin when prices are cheap.

[btcjoin14]

Fast transactions. Easy to use and the best is no bank needed.I feel empowered using bitcoin .

I really like that no backs are needed when sending transactions with Bitcoins. When there's people starving in the 3rd world Countries, there isn't any option for them to get a banking account just so they could have another guy store their money for them. It just isn't how the world works.
People won't be that generous all the time.

Bitcoin could get transferred with a little bit of Internet availability and that goes a long way for the people living in those types of places.

[Wandika]

Anonymity and low fees. Of course bitcoin is only anonymous to a certain point I know that, but it's definitely much more anonymous than a bank account.
Also I like the low fees, which are especially significant when sending money somewhere overseas. And it's FAST! Much faster than international bank transfer and much cheaper than western union.

But im afraid that anonymity features of bitcoin might put on danger due to some Country especially the USA are forcing some bitcoin company to submit the KYC info of all their customer. And this might trigger to other nation to copy that move so that they can collect tax on it. Bitcoin users avoid huge amount of tax that's why government are very eager to do a move just to gain profit on it. If bitcoin anonymity will be vanished then it's price might drop to it's current state.

[stompix]

Right now the best thing is that I can still use some services which I would otherwise be able to use only with a cc card.
And there are some sites which will never see my details ever ever.
A big fux you to recurring fees.

But other than that for the last few months other than seeing the value in usd terms going up I have't seen to many uses for it.

[triasel]

Fast transactions. Easy to use and the best is no bank needed.I feel empowered using bitcoin .

For me is cheap fees, I'm very glad if you send to different countries only charge $0.2, if using a bank transfer for about $20. Bitcoin is the best payment method and beat paypal.

yes me too , bitcoin very easy not bring real money like dollar for payment ..
can save our bitcoin in handphone wallet 

[puremage111]

annonymity

No kyc verification

Fees base on blocksize transaction fee per kb but not % based

[danherbias07]

Right now the best thing is that I can still use some services which I would otherwise be able to use only with a cc card.
And there are some sites which will never see my details ever ever.
A big fux you to recurring fees.

But other than that for the last few months other than seeing the value in usd terms going up I have't seen to many uses for it.

I guess other projects are delayed because of the things that have been happening. Like ETF and BU, also the transaction time which takes too long.
This are negative things which could impact those who wants to invest in bitcoin or want to make a business using its service for payment options.

[lemonade09]

There are many reasons why many people and i like bitcoins first the popularity of the bitcoins spread all over the globe that make the bitcoin currency high...
Second it is a electronic money means its in your phone or pc so no one can easily steal it on you like physical money we all have...
Also you can use this to buy things in the market where bitcoin is accepted for payment..
3rd there are manys to earn bitcoin like faucets campaign and minings which i really likr..
At last of ofcourse it because i can exchange bitcoin for money that we can use for living.

[MissGrey]

I like bitcoin because is a source of income for me and is my way to "obtain foreign exchange", also I like that exist many ways to earn with Bitcoin. I love the Bitcoin's decentralization and the fact that we can send money easily to the persons even to other countries with the best cost-effective prices

[Sled]

I like bitcoin because is a source of income for me and is my way to "obtain foreign exchange", also I like that exist many ways to earn with Bitcoin. I love the Bitcoin's decentralization and the fact that we can send money easily to the persons even to other countries with the best cost-effective prices

Yeah, I also love the bitcoin decentralization because it means freedom for me and we don't need someone to control and make bitcoin a stronger currency because it just needs community to support and maintain its value. Bitcoin is truly one of the best currency as of now because it makes earning money easier than before unlike in fiat that you really need to work hard and outside the house while in bitcoin, you just need computer and patience.

[rooster2000bka]

Best for me
New
quick
easy
and lower fee to send to every body!

[xhienigat]

There are a lot of reason for me to like bitcoin, because it's not owned by the government. You can profit more $ than the interest you get from the bank. And it's easy to transfer money because the transaction is fast and it has low fee.

[grandy]

There are a lot of reason for me to like bitcoin, because it's not owned by the government. You can profit more $ than the interest you get from the bank. And it's easy to transfer money because the transaction is fast and it has low fee.

yes there are so many other reasons which compel us to like bitcoin. bitcoin is a universal currency, we can use it anywhere in the world having same value in all over the world. bitcoin is a decentralize currency and is really not under control of anyone.