So Whats the Difference when you use BTC?

[Blue_Tiger73]

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.

Yes that is true. But when you try and withdraw money from and ATM, owned by another bank, they charge you a fee as well. Like in Australia, it is $2, whereas for Bitcoin, the fee is only like a couple of cents so it doesn't really make a difference. That is one problem with Bitcoin, the transactions aren't instant and that is one of the things I hate about it.

[jacktheking]

The main benefit of me is that I dont have a credit card/debit card. Using Bitcoin (maybe earning Bitcoin) enable me to buy things online at merchants such as NewEgg and Overstock which accept Bitcoin. I am also able to buy from Amazon.com by buying Giftcards from Gyft and eGifter. I already bought two things online from using Bitcoin. And the two things is literary the only two things I bought online.

[ashly]

The difference is i cn pay my bills using online payment, amd its cool to hav that

[bob123]

...
I guess being annonymus is just another thing aswell , some people don't want to reveal their real informations ...

Its not truly anonymous.. just pseudo anonymous..

But the difference is the speed it takes to send money around the world.. You can send several thousand of dollar around whole word for like fees worth 3 cent.
Furthermore u are the holder of your money.. You dont have to trust any 3rd Party to keep your money safe

[abokhalel2]

I dunno, it just feels good.

[|Bitcoin|]

The feeling when you ask 'do you accept bitcoin' in some brick and mortar store or restaurants look cool. If they also use bitcoin they may give you a huge discount! dude!

[mobnepal]

For hackers and criminals: anonymous transaction
For small workers: no tax and low fee to get and move money
For paypal restricted countries: Good way to get funds in hand
For me: Low fee, i can't use paypal, i don't have credit cards.

[LuckyYOU]

I really like the low transaction fees I get by using bitcoin.

I can save my bitcoins without having to worry about the bank getting bankrupt and running off with my money

[Kprawn]

I really like the low transaction fees I get by using bitcoin.

I can save my bitcoins without having to worry about the bank getting bankrupt and running off with my money

I think this is what he is saying.... you do not benefit from lower fees, if you have to pay to get Bitcoin, then pay miners fees when you use it, and then pay again to get it

converted back to fiat. You score more fee's when you do not convert to fiat, and I think this is where the real difference comes in. Do not convert, pay in BTC.

Bitcoin will work best, when everything is done in BTC... NOT fiat. 

[ThunderThomas]

I really like the low transaction fees I get by using bitcoin.

I can save my bitcoins without having to worry about the bank getting bankrupt and running off with my money

I think this is what he is saying.... you do not benefit from lower fees, if you have to pay to get Bitcoin, then pay miners fees when you use it, and then pay again to get it

converted back to fiat. You score more fee's when you do not convert to fiat, and I think this is where the real difference comes in. Do not convert, pay in BTC.

Bitcoin will work best, when everything is done in BTC... NOT fiat. 

Except, not every retailer or monthly bill that i'm paying is accepting in bitcoins, I'm still going to need fiat for now.

[thejaytiesto]

I really like the low transaction fees I get by using bitcoin.

I can save my bitcoins without having to worry about the bank getting bankrupt and running off with my money

I think this is what he is saying.... you do not benefit from lower fees, if you have to pay to get Bitcoin, then pay miners fees when you use it, and then pay again to get it

converted back to fiat. You score more fee's when you do not convert to fiat, and I think this is where the real difference comes in. Do not convert, pay in BTC.

Bitcoin will work best, when everything is done in BTC... NOT fiat. 

Except, not every retailer or monthly bill that i'm paying is accepting in bitcoins, I'm still going to need fiat for now.

Like it or not we are tied to fiat as long as governments exists, or as long as governments accept BTC, which is unlikely that this is happening anytime soon. We don't need to wait for this tho. Even if you needed to still convert your BTC to fiat to pay taxes, you could do everything else with BTC and BTC only as more merchants accept it and as more people get paid with it.

[morantis]

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 don't want this is sound off-topic it is actually going straight to your topic.  What I picture for the future is a world without paper and without a "wallet".  This is getting there already with things like ApplePay and PayPal, but I think that BTC is more suited to the final stages.  I picture leaving the house everyday with nothing more than my phone.  It will have my ID in it and all my money.  I think the way that BTC does this is better than PayPal or Google or whomever.

[partysaurus]

for me its the speed and transaction fees , sending money from betting sites and stock exchanges and the fees adds up.

[Hellacopter]

When we use bitcoin we can reserve our personal informations safe and also keep in our pocket the amnts needed usually as fee, when using fiat or banking services. Also the transactions with bitcoin don't take long time

[yenxz]

The difference is on physic,i can buy aomething without going anywhere,juat use my smartphone,ans low fee. If i use debit card,i must register it in bank,and with bitcoin i'm not,just simple make own wallet

[nejibens]

When we use bitcoin we don't need to give our data and perso info for third person or company , as usually when we use the banking services

[quentincole32]

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?

the benefit is,you can find bitcoin faucet,but you can't find money faucet,you can collect bitcoin for free,but you will hard to collect money for free.
its already benefit,agree?

[Amph]

When we use bitcoin we don't need to give our data and perso info for third person or company , as usually when we use the banking services

this will not make much difference in the end, because you need to give your shipping address anyway, which is full of your infor, unless you have a friend at whom you can send stuff

but then he is in trouble if something happen, no escape from that

[bearex]

The main benefits are really showing at merchants, because they dont have to pay CreditCard fees.

[Mickeyb]

The main benefits are really showing at merchants, because they dont have to pay CreditCard fees.

Don't forget about the chargebacks! I have watched a testimony of a small merchant store in the NY. The owner has said that he has about 25% chargeback rate on its monthly credit card payments, every month!

That's a huge hit for the owners of these little stores that goes out of their pockets directly!