UPDATE

[bajing]

I prefer bitcoin because it is easier to get

Bitcoin is difficult to get. You may get some from faucets, but the amount is very small. We all have to work hard to get some bitcoins.

Getting is different from earning. If you would only buy it from exchanges, it could be within minutes. But with earning it, it will take you a long time before you can get one whole bitcoin.

do you mean is trading altcoin to get profit? but sometimes altcoin price will dumb fast so you need smart to choice what is coin will get profit. i think is not easy to get earning from exchanges

[Amph]

I prefer bitcoin because it is easier to get

Bitcoin is difficult to get. You may get some from faucets, but the amount is very small. We all have to work hard to get some bitcoins.

on the web is actually more easy than fiat to get, you have more tool to earn free bitcoin really fast, and there is mining, atlcoin mining

usually with fiat you need tor egister and provide id of any kind to have some, too much hassles..

[AtheistAKASaneBrain]

I prefer bitcoin because it is easier to get

Bitcoin is difficult to get. You may get some from faucets, but the amount is very small. We all have to work hard to get some bitcoins.

on the web is actually more easy than fiat to get, you have more tool to earn free bitcoin really fast, and there is mining, atlcoin mining

usually with fiat you need tor egister and provide id of any kind to have some, too much hassles..

Mining is pretty useless unless you mine an altcoin that then happens to get pumped. It's a lottery to find out what shitcoin will get pumped out of the thousands that are out there. The mining process is only on the first days where you could get a lot, and the pump can last literally minutes before it crashes. Too risky. Well, if you mine them, not that risky, but a waste of time and electricity.

[AdopterOfCoin]

Mining is pretty useless unless you mine an altcoin that then happens to get pumped. It's a lottery to find out what shitcoin will get pumped out of the thousands that are out there. The mining process is only on the first days where you could get a lot, and the pump can last literally minutes before it crashes. Too risky. Well, if you mine them, not that risky, but a waste of time and electricity.

At present, it is still profit to mine Eth if your electricity price is low. If the price of Eth drop another 30%, then it is not profitable.

[Amph]

I prefer bitcoin because it is easier to get

Bitcoin is difficult to get. You may get some from faucets, but the amount is very small. We all have to work hard to get some bitcoins.

on the web is actually more easy than fiat to get, you have more tool to earn free bitcoin really fast, and there is mining, atlcoin mining

usually with fiat you need tor egister and provide id of any kind to have some, too much hassles..

Mining is pretty useless unless you mine an altcoin that then happens to get pumped. It's a lottery to find out what shitcoin will get pumped out of the thousands that are out there. The mining process is only on the first days where you could get a lot, and the pump can last literally minutes before it crashes. Too risky. Well, if you mine them, not that risky, but a waste of time and electricity.

yeah i know, i've done plenty of alt mining in the past... but i think it is still feasible, much less than before, but from time to time there are coins worth to mine

[mirana12345]

So guys, in a world where the 10% of total transaction are with BTC, what is the advantages for a normal family? What this kind of money can solve? In particular, if some rich don't spend BTC to increase the value and less BTC are spent, how can deflating happen?

Particular, which CONCRETE advantages can the people get from BTC?

Thank you.

The main advantage that i see is that you are your own bank, as in - noone can take money from you without your consent. And on top of that, sending money worldwide at a minimum fee.
Bitcoin can't solve poverty if that's what you thought, and the rich holding money wouldn't affect btc in a bad way, since fee's would also be valued more.
Concrete advantage is that with bitcoin, you can finally be totally financially free.

[AdopterOfCoin]

With bitcoin, you can store the bitcoin yourself. You do not have to pay bank fees. During a negative interest interest rate environment, if you save money in banks, you have to pay fees.

[knowhow]

How many of us is saving investing into bitcoin,and growing our portfolio slowly.At Brazil some people buy dollars and wait it get value,i dont know several people that started to use bitcoin i know there is some people into bitcoin but well both option a good investment ,being bitcoin the one with much more potencial to grow and a better return.

[BitcoinCounty]

The main difference between bitcoin and US dollar or other fiat is that there is unknown supplied supply of fiat, it is not easy to plan our financial position as we do not know the money supply. There is known supply of bitcon.

[Funny]

They are completely different things. We can easily name the differences in one second. At the moment the popularity of bitcoin cannot compete with dollar yet. It needs time to grow.

[BitcoinBullion]

BTC offers individuals the ability to store and move wealth in an easy and discrete way.  As long as it does that it will have value, being used as a currency is just a bonus.

[~Bitcoin~]

Decentralization and low to no fee per transaction is what i like and i think most of the people like about bitcoin. And also you can hold your coin with yourself like paper notes which give you feeling of security. And also as the supply will be limited soon you can earn more than usual bank annual interest from the profit on your holded coin due to continuous price increase.

[gripflierGO]

BTC offers individuals the ability to store and move wealth in an easy and discrete way.  As long as it does that it will have value, being used as a currency is just a bonus.

Yeah you can carry as much as bitcoins in your digital wallet and no one would be aware about it, but when it comes to any fiat currency you have certain limit to carry especially when you are traveling across the countries but honestly speaking bitcoins can never replace any major currency, bitcoins can be termed as a currency but not as primary currrency.

[Light]

BTC offers individuals the ability to store and move wealth in an easy and discrete way.  As long as it does that it will have value, being used as a currency is just a bonus.

But that's just it - it's a poor store of wealth at the moment. Given that nobody actual accepts Bitcoin as Bitcoin (I can't think of a single merchant that doesn't denominate in fiat then do a conversion to BTC), Bitcoin's value is therefore tied to the fiat value at any given time. Since that fluctuates wildly - it isn't an effective store of a large amount of wealth. There is a reasonable chance it could drop and you lose anywhere from 20-80% of your wealth - which is terrible considering most other safe options either breakeven with inflation or are a little behind.

[Blawpaw]

So guys, in a world where the 10% of total transaction are with BTC, what is the advantages for a normal family? What this kind of money can solve? In particular, if some rich don't spend BTC to increase the value and less BTC are spent, how can deflating happen?

Particular, which CONCRETE advantages can the people get from BTC?

Thank you.

With Bitcoin people can escape inflation and capital control. Capital control is just the State stealing from you, and BTC solves that. Besides, the dollar is controlled by a central bank in this case the Federal Reserve, which is the Banks, who print the money out of a debt that doesn't exist.

Bitcoin solves the problem with bankers and Banks

[upsidedown75]

BTC offers individuals the ability to store and move wealth in an easy and discrete way.  As long as it does that it will have value, being used as a currency is just a bonus.

Yeah you can carry as much as bitcoins in your digital wallet and no one would be aware about it, but when it comes to any fiat currency you have certain limit to carry especially when you are traveling across the countries but honestly speaking bitcoins can never replace any major currency, bitcoins can be termed as a currency but not as primary currrency.

Replacing a currency is not the meaning off wiping out one currency and taking that place. Bitcoin will replace many online currencies as well as fiats in terms of percentage of usage on daily basis. Bitcoin will be widely used in very near future, compared any other currencies.

[SwagGirl]

The US dollar wont exist in 20 years - crypto will. Ponder that.

[ANdr0id]

The US dollar wont exist in 20 years - crypto will. Ponder that.

You say that for a currency that is hundreds of years old. It won't be totally removed out of circulation. The only way that any countries currency would be discounted, is if the country is obliterated off the map then the new countries currency would begin its run.
America would be called Bitcoincana?

[Betwrong]

The US dollar wont exist in 20 years - crypto will. Ponder that.

Maybe you are right, idk. 20 years is a long time span nowadays. I mean 200 years ago 20 years was nothing, they might pass without nothing new happening, but these days ... no, it's definitely a long time span.

20 years ago no one would predict something like Bitcoin will appear.

[faridkifly]

I think you can not compare the dollar with the bitcoin.
because the dollar has long been recognized as an international currency while bitcoin just recognize in a few countries