So Whats the Difference when you use BTC?

[novadragon]

I think that is different is the way to get it, bitcoin is very easy to use and very easy to get,, that's what makes it different

[Kprawn]

I started using Bitcoin because I was the victim of credit card theft twise on the internet. I wanted a payment method with more security.

Bitcoin make it possible for me to buy something online, without having to release all my information to a external entity, that might or might not lose the information to hackers or have one of their employees

steal the information and buy rubbish with my money.

Now I use Bitcoin with my hardware wallet {Trezor} and I feel more comfortable spending money online. { I can chose how much money, I have in that wallet...not how much money the bank wants to give to me on credit}

Bitcoin give me complete control over my own finances. 

[kenbytes]

It is faster than a bank transfer of course..and you don`t pay anything

[flock123]

It is faster than a bank transfer of course..and you don`t pay anything

I also think that when the transaction will take the fee, but the fee are small ,,and the best is faster transaction

[Herbert2020]

One big thing I can think of is that every time you use a credit/debit card, a transaction fee goes to a big bank/payment processor.  With btc, it goes to a miner.

Other than that, how does it benefit you to use btc?  I mean you need fiat to get btc, and then usually need to take fiat out.  So where is the net benefit besides the fees being lost by the big banks/payment companies?

for me the best benefit that bitcoin offers is the fact that i can transfer a large amount of money in form of bitcoin super fast and with the minimum amount of fees. and on top of that it can be most secure way with a little effort.

[BillyBobZorton]

You can avoid chargebacks, which means after 1 transaction you can be pretty sure nothing weird will happen. Look at the statistics of how much money is lost in between the 0 to day 180 when a card credit transaction gets sealed.
In any case the real potential of Bitcoin is when you get directly paid in Bitcoin, because having do deal with the fiat system is a hassle.
Also in developing worlds is where the impact will be way higher, considering they dont even have banks and no easy access to any banking. We are privileged.

[RodeoX]

There are a number of key differences. I'm on my third debit card due to data breaches. That is because American credit cards are a joke. My Euro-friends may be shocked to hear that we still use the magnetic stripe cards that contain all the data needed to steal from you in an unencrypted form. Additionally all this data is sent to , well I have no idea who all get's this info. The seller, the payment processor, the weirdo who works behind the counter, the thief who steals the database, the Chinese forgery gang who bought the database, and??  It's just not a safe way to move money.

Next comes utility. Bitcoins are far far more versatile and useful than cash or cards. I can send money to anyone with bitcoin. It does not matter if their nation is part of the credit card networks or what currency they use. It does not matter what the exchange rate is. All these are major factors in the price of sending money or even if it is possible. All transactions are possible with btc.

Lastly, expense. If I wanted to send $25 to a mate in the UK It would likely cost me more than the amount I am trying to send. With bitcoin it would cost a few pennies no matter if I'm sending $10k or $0.25. I can send it from here or send it while at a shop in London. Best of all it starts confirming in minuets. It can take weeks of back and forth to send fiat abroad.

I really don't know why people still use medieval card technology where they could use btc.

[Thenoticer]

Here's the real problem with adoption.

Sure i can have a higher degree of control over my money and use it anytime / send anywhere when it is in btc.

But here's the chasm to public use. Say i want to send money, fiat, to my friend. I have to go buy btc, which is
1: a Big pain in the ass,
2: people charge Way to much, as much as 10% sometimes, to get btc
3: my friend also takes a hit on the other end if they want it in fiat.

So that $100 im trying to convert to btc becomes $90 instantly, then when whoever cashes out that $90 gets closer to $80.

There is no utility here other then when banks want to steal from your savings.

An unbanked person can go get an amazon card for say $100 for cash and the card has a spending value of, wait for it, $100. Not with bitcoin. You greedy nerds take way to much to use your system for most uses.

Want more adoption then lower the fees so my money doesnt evaporate as fast

[TheButterZone]

An unbanked person can go get an amazon card for say $100 for cash and the card has a spending value of, wait for it, $100. Not with bitcoin.

Bullshit. Gyft allows you to buy a $100 Amazon code for $100 in BTC AND get 3-5% in points back. Which is $3 to $5 if you're bad at math.

[RodeoX]

An unbanked person can go get an amazon card for say $100 for cash and the card has a spending value of, wait for it, $100. Not with bitcoin.

Bullshit. Gyft allows you to buy a $100 Amazon code for $100 in BTC AND get 3-5% in points back. Which is $3 to $5 if you're bad at math.

Yeah, I always get a better deal buying with bitcoin. Some places offer up to 20% off buying with it. It's true that if you "cash out" your btc for fiat you will lose some money. But that's your choice to waste your money selling it at a loss. If you spend it you have no loss.
And frankly, I would pay extra for the iron security of bitcoin. That has a lot of value to me. I no longer use credit cards online, only bitcoin.

[MF Doom]

There are a number of key differences. I'm on my third debit card due to data breaches. That is because American credit cards are a joke. My Euro-friends may be shocked to hear that we still use the magnetic stripe cards that contain all the data needed to steal from you in an unencrypted form. Additionally all this data is sent to , well I have no idea who all get's this info. The seller, the payment processor, the weirdo who works behind the counter, the thief who steals the database, the Chinese forgery gang who bought the database, and??  It's just not a safe way to move money.

Next comes utility. Bitcoins are far far more versatile and useful than cash or cards. I can send money to anyone with bitcoin. It does not matter if their nation is part of the credit card networks or what currency they use. It does not matter what the exchange rate is. All these are major factors in the price of sending money or even if it is possible. All transactions are possible with btc.

Lastly, expense. If I wanted to send $25 to a mate in the UK It would likely cost me more than the amount I am trying to send. With bitcoin it would cost a few pennies no matter if I'm sending $10k or $0.25. I can send it from here or send it while at a shop in London. Best of all it starts confirming in minuets. It can take weeks of back and forth to send fiat abroad.

I really don't know why people still use medieval card technology where they could use btc.

I agree that btc does make for a very useful tool to buy things online, and not have to send out personal info/credit card info.

BUT, as for magnetic strip technology, the US is rolling out the "chip" embedded cards, and I believe the changeover will mostly be complete by October of this year:

http://www.creditcards.com/credit-card-news/emv-faq-chip-cards-answers-1264.php

[ikydesu]

With bitcoin made the payment is easily.

Compared bitcoin and fiat: https://bitcointalk.org/index.php?topic=1153062.0

Actually you can work for bitcoin: https://bitcointalk.org/index.php?topic=985550.0 so you don't need to buy bitcoin with fiat. But i think you should change your fiat into the future of money(Bitcoin) too and start new live

[RodeoX]

I agree that btc does make for a very useful tool to buy things online, and not have to send out personal info/credit card info.

BUT, as for magnetic strip technology, the US is rolling out the "chip" embedded cards, and I believe the changeover will mostly be complete by October of this year:

http://www.creditcards.com/credit-card-news/emv-faq-chip-cards-answers-1264.php

That's interesting. Not to get your thread off track but this sure is a needed upgrade. My understanding is that the hold up has been at the point of sale. Every retailer will need new machines to read the chip cards and that may take a long time. The last time I tried using my card in Europe the kid behind the counter was like "WTF is this?" lol. He thought it was some kind of gift card and had no way to read it.

[pedrog]

If you buy socks with and pay with a credit card you're just buying socks, but if you pay with bitcoin, it's a revolution!

https://youtu.be/eKQKEi2-0Ws?t=3m39s

[Mickeyb]

I agree that btc does make for a very useful tool to buy things online, and not have to send out personal info/credit card info.

BUT, as for magnetic strip technology, the US is rolling out the "chip" embedded cards, and I believe the changeover will mostly be complete by October of this year:

http://www.creditcards.com/credit-card-news/emv-faq-chip-cards-answers-1264.php

That's interesting. Not to get your thread off track but this sure is a needed upgrade. My understanding is that the hold up has been at the point of sale. Every retailer will need new machines to read the chip cards and that may take a long time. The last time I tried using my card in Europe the kid behind the counter was like "WTF is this?" lol. He thought it was some kind of gift card and had no way to read it.

I had a really good laugh with your post! I can't believe that you guys are still using such an old technology. Aren't you guys a super power or something?

No but seriously, I bet it's not in somebody's interest to upgrade all these old credit cards.

[TheButterZone]

EMV seems like a waste of money and focus-stealer: http://www.chainstoreage.com/article/ihl-emv-costly-time-consuming-out-date-most-retailers

[MF Doom]

EMV seems like a waste of money and focus-stealer: http://www.chainstoreage.com/article/ihl-emv-costly-time-consuming-out-date-most-retailers

Of course its a waste, and probably will do little no nothing to stop cc fraud.  The numbers can still be stolen at atm's, phone & online purchases still work the same, so intercepted data/stored customer data (like what happened at Home Depot & target recently) is still an issue.

btc, each time I've tried to use my new "chip" card, it hasnt worked, and they ended up MANUALLY typing in my card info.  I feel much safer...What a joke!

But anyway, isn't forced conformance the new norm these days?

[Bad Uncle]

One big thing I can think of is that every time you use a credit/debit card, a transaction fee goes to a big bank/payment processor.  With btc, it goes to a miner.

Other than that, how does it benefit you to use btc? 

You become leet and part of the crypto elite when you spend bitcoin. It's a much better feeling spending bitcoin than it is using shitty paypal or debit card. We can be part of the revolution! 

[faridkifly]

so the difference is the shape
bitcoin is vitrual money but dollar is real money

[umaOuma]

I think it helps me get rid of credit cards and the traditional banking system, which is time consuming, expensive and ofcourse now you have your own currency where you can buy goods online even without credit cards, Previously it was like credit cards were the monopolist when it comes to online shopping but now we don have alternate option in the form of bitcoins