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Question: What aspect of Bitcoin would you never give up?  (Voting closed: November 16, 2015, 12:20:08 PM)
21 million coin limit - 50 (20.4%)
Decentralisation - 47 (19.2%)
Permissionless - 28 (11.4%)
Voluntary - 5 (2%)
Pseudonymous - 19 (7.8%)
Mining (PoW) - 15 (6.1%)
Cheap - 14 (5.7%)
Fast - 13 (5.3%)
Irreversible - 34 (13.9%)
Fungibility - 20 (8.2%)
Total Voters: 67

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Author Topic: What features of Bitcoin would you never give up?  (Read 3670 times)
Insertion
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October 01, 2015, 11:49:08 AM
 #61

there are lot of reason i never gonna give up bitcoin-
fast transactions
no limit of transactions
easily withdraw
in which country we are doea not matter
last one this is worldwide.
these are oral reason for everyone.
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October 01, 2015, 02:11:31 PM
 #62

Irreversible.

*chuckles*

I don't do shady stuff, I swear. Lips sealed

You can easily build a reversible payment system on top of an irreversible one, but not the other way around. For some things,like micro-payments, reversibility would be an absolute nightmare.

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October 01, 2015, 02:16:52 PM
 #63

what i like the most in bitcoin is 21 million coin limit and decentralisation also. If there would never had 21 million coin limit then the bitcoin price would also have been the same as like dogecoin.

Yes and decentralisation is the best part in bitcoins and also it is very fast and cheap, so those factors of bitcoins are the best and has given us the liberty to spend it when and where required as we don't have to be dependent on credit card now.
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October 13, 2015, 02:42:42 PM
 #64

The reason that Bitcoin's permissionless nature is so important is that it has enabled an explosion of innovation and different integrations that permissioned or closed Blockchains simply cannot countenance. It brings with it risks, of course, but that is inevitable with change.

Most closed networks die a quiet death when the company that creates them gives up on them, whereas Bitcoin is resilient and will survive, even if it is only used by a few thousand people. It also has the potential to go viral and adapt to exponential growth and uses that are unimaginable at the moment.
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October 13, 2015, 03:09:20 PM
 #65

i would never give their cheap transaction fee when it comes to sending money to
other people also the limited coins they produce which will make bitcoin more expensive
in the next few years
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October 17, 2015, 01:42:22 AM
 #66

Actually, all of them are really important features of bitcoin, but I think these are the best features that I won't ever give up:


Permissionless
Irreversible
Decentralisation
Cheap
STT
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October 17, 2015, 03:53:33 AM
 #67

I think if selecting only 1 it has to be speed that is most important.   A product like this has to be fast and easy to use, no hassle.   Yes obviously secure and so on but I think the core of bitcoin is for simple relatively cheap transactions

Quote
21 million coin limit
They cant really give this up, its alters the base for the currency and people would just lose faith I think and imagine further devaluation.   There should be side chains if possible of new coins for different purposes, thats an optional thing for everyone and not diluting the long term

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October 17, 2015, 07:34:30 AM
 #68

Making a digital version of gold would be greatest idea of human race. Gold has proved itself as a medium, of exchange of many centuries. Now it's the time for digital evolution with the digital format. I really love bitcoin for it's new concepts. I never give up as I love the new innovations.
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October 17, 2015, 09:36:28 AM
Last edit: November 01, 2015, 08:32:30 AM by RKing
 #69

Decentraliztion. The bitcoin is not owned by a single entity. We all have say about it. It is controlled by a very big community.
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October 17, 2015, 09:42:06 AM
 #70

These are the features of Bitcoin I will never give up Decentralisation,Permissionless ,Pseudonymous,Irreversible at no cost.These are key features which make Bitcoin unique and attractive over all other methods.
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October 17, 2015, 10:04:18 AM
 #71

Pseudonymous is the first feature i will never give up, i love bitcoin since it simplest, easiest means of paying for things online ( i hate other payment processor btw ) iam a typical people who didn't like show up my identity for consumed public and the other features is decentralized no one can froze my balance, i have my own bank on my smartphone
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