Jeremycoin
Legendary
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Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
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August 27, 2015, 10:28:51 PM |
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When I use Bitcoin, it never ask my name, where do I live, or whatever is it. And I don't need to keep a physical thing (fiat), my money is in the internet.
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faucet used to be profitable
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teemus
Newbie
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Activity: 14
Merit: 0
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August 27, 2015, 10:55:17 PM |
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they dont get your personal info like your name. its just way more anonymous
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ashly
Newbie
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Activity: 56
Merit: 0
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November 27, 2015, 03:04:16 AM |
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To me BTC is nice to buy anything that isn't in my local currency. The local government has a lot of laws and taxes for buying something with your CC to buy, let's say, in USD. So, I avoid paying the annually fee from having a international CC and avoid the ridicously fees that my non-sense government set.
Yes it is nice to buy a btc ,, but not all things can buy btc hehe,, and taxes yet btc is the most easiest way to spend money because u cn pay bills in less time effort
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1990BEARS
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November 27, 2015, 03:06:52 AM |
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they dont get your personal info like your name. its just way more anonymous
i guess that is simple way to put it, but more to it than this
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Blawpaw
Legendary
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Activity: 1596
Merit: 1027
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November 27, 2015, 03:42:36 AM |
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The big difference for now is that the government doesn't know where I spend my money. They don't need to know where people spend their money, and people are increasingly accepting that governments know about their lives; Bitcoin is just the blue pill...
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yurinov
Member
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Activity: 98
Merit: 10
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November 27, 2015, 04:21:13 AM |
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my money is always in my own pocket and never in banks pocket. i can carry hundred of thousand (if i had this) all on my smart phone and send instantly with no one watching over my shoulder!!
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lolgato
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November 27, 2015, 04:27:42 AM |
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Staying anonymous is key xD
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gripflierGO
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November 27, 2015, 05:30:38 AM |
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my money is always in my own pocket and never in banks pocket. i can carry hundred of thousand (if i had this) all on my smart phone and send instantly with no one watching over my shoulder!!
Exactly we have now control on our own money with no bank intervention nor from the governments who impose very high taxes on your income and in return just cheats us with false promises, Using bitcoins is something a great feeling whenever I use bitcoins it brings a smile on my face and a great level of satisfaction that I am an owner of bitcoins.
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frendsento
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November 27, 2015, 05:42:36 AM |
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I can send money throughout the world without covering large fees and it's a great deal for me
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acroman08
Legendary
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Activity: 2338
Merit: 1085
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November 27, 2015, 05:44:10 AM |
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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?
Low fees, no tax charge,big exchange rate. For me this are the benefits you can get using btc. Btc is not that popular yet but I can pay my house bills Through btc directly which is convenient.
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suda123
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November 27, 2015, 06:06:45 AM |
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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?
I bought like G2A steam games and OPSKINS for csgo, its just scan the QR code then done.
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jt byte
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November 27, 2015, 06:12:05 AM Last edit: November 27, 2015, 03:56:14 PM by jt byte |
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I can send money throughout the world without covering large fees and it's a great deal for me this is major draw right now that consumers want from it.
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quad588
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November 27, 2015, 06:29:18 AM |
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The difference is I am in control all of the time and can transfer where ever I want without being investigated or questioned
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JITENDERPAR3
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November 27, 2015, 07:47:56 PM |
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you are right mister . when i had started the use of btc then the my first attention toward the btc was low transaction fee. since some time the amount of transaction fee increases or decreases but it is a greatest way for payment to a bitcoin users. i think due to this facility of the bitcoins in blockchain.info like web wallet will increase the use of bitcoins instead of bank money .
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USB-S
Sr. Member
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Activity: 574
Merit: 250
In XEM we trust
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November 27, 2015, 08:13:04 PM |
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You can't really send money around the globe, especially to unbanked countries, unless you're using snail mail. Even that's risky. Wire transfers cost at least €30 and take 1-5 working days to arrive and in the end the only one who wins from this are the banks. Bitcoin eliminates the middleman and works as a peer to peer, with low fees and relatively low confirmation times.
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neurotypical
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November 27, 2015, 11:42:17 PM |
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Staying anonymous is key xD
But if you buy something physical then you need to deliver a place so you get your package delivered, they will also need your personal data, which means they can now inspect your transaction history and see where the coins came from, sure you can use a tumbler always before buying anything but thats just too annoying. I can't wait for all the good stuff coming for increased anonymity.
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stromma44
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November 28, 2015, 12:22:18 AM |
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You can't really send money around the globe, especially to unbanked countries, unless you're using snail mail. Even that's risky. Wire transfers cost at least €30 and take 1-5 working days to arrive and in the end the only one who wins from this are the banks. Bitcoin eliminates the middleman and works as a peer to peer, with low fees and relatively low confirmation times.
Yeah. Wire transfers are costly and time consuming, On the other hand bitcoin transactions are too fast when it comes to online transfers and with minimum transaction fees, the payments are instantly made and that's the difference now I am having when I use my BTC and also got rid of bank charges.
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enthus
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November 28, 2015, 02:20:15 AM |
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The transaction fee, and the instant of me sending and receiving money. That is the best thing about using BTC for me
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caliboy37
Member
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Activity: 88
Merit: 10
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November 29, 2015, 09:27:45 PM |
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The transaction fee, and the instant of me sending and receiving money. That is the best thing about using BTC for me
Yes the transaction fees is very low but reveiving and sending money is not instant, it need confirmations.
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Blue_Tiger73
Member
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Activity: 112
Merit: 10
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November 29, 2015, 10:19:16 PM |
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I like the anonymity of Bitcoin. I don't want to reveal my identity when I buy products, that is why I like sites like purse.io. It is also very safe compared to credit and debit cards. If you put your credit card details into a dodgy website, they could steal all those details and drain out your whole credit card. Whereas if you transfer some Bitcoin to a website, it is completely anonymous and they can't get into your Bitcoin wallet.
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