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Denker
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December 21, 2015, 05:30:40 PM
 #121

they are very different one ruling the fiat currency the other ruling the cryptocurrency and at the time fiat currency is dominating

And the reasons are that fiat currencies since a long time, and Bitcoin is compared to that only 7 years old.
Furthermore politics and the financial incumbents are working hand in hand together with each other.
When ever once a new competitor came up, he got destroyed by heavy regulation (paypal) or had been destroyed (liberty dollar).
But getting rid off Bitcoin, because being decentralized, isn't that easy.And right now we have some financially strong guys, with knowlege, influence and lawyers on our side which will make it even more difficult for the banks and governments.
Interesting years to come!
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December 21, 2015, 05:41:05 PM
 #122

To me, the main difference between Dollar and bitcoin is the former is supported by weapons, the latter is enpowered by Internet.

this is not a difference at all, us dollar is more used than bitcoin can ever dream to buy weapons and war things, not even an argument

and bitcoin is more empowered by internet than usd, bitcoin need internet more
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December 21, 2015, 05:43:09 PM
 #123

To me, the main difference between Dollar and bitcoin is the former is supported by weapons, the latter is enpowered by Internet.

True, one has a uture and one doesn't.  The trends show more and more people are looking for ways to avoid war. More and more people are finding out the dirty tactics of the elites to create war.  RIP fiat.
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December 23, 2015, 07:06:20 AM
 #124

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.
firstly,i gonna ask something,how do you know that 10% of transactions in the world are using bitcoin transactions?
I think that the advantage that can get by the normal family when using bitcoin is the ease and speed of transactions, and also in the manufacture of the account associated with bitcoin, very easy and fast.
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December 24, 2015, 06:18:33 PM
 #125

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.

You can’t compare bitcoin with dollar, dollar is more stable than bitcoin. Bitcoin is highly volatile, but such a value is the reason for highly preferable, but bitcoin is not much of a currency , it is being used like an investment.
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December 24, 2015, 08:35:13 PM
 #126


A little context and perspective:

http://www.rapidtrends.com/history-of-fiat-and-paper-money-failures/

The US dollar and many other fiat currency will be gone soon. Its just a matter of when.
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December 24, 2015, 09:00:27 PM
 #127

To me, the main difference between Dollar and bitcoin is the former is supported by weapons, the latter is enpowered by Internet.
Somewhere its true and a nice line given. But the thing is dollars is a very old currency and people knows it from long time. So they trust it more. Bitcoins is a degital money many people still trying to understand it and many of them don't know anything about it. So the trust is less.
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December 25, 2015, 01:21:19 AM
 #128

Right now thee is no advantage in my opinion.  There is nowhere I can go buy a gallon of milk with BTC and that is what we need in order to be able to move BTC to the next level.  Of coarse this is my opinion, we just need to be able to buy more normalize items.

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relq
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December 25, 2015, 01:42:46 AM
 #129

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.

i choose bitcoin, because using bitcoin make them simple by online thing. and it's also make us anonymous by buying or paying something.
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December 25, 2015, 05:03:12 AM
 #130

Right now thee is no advantage in my opinion.  There is nowhere I can go buy a gallon of milk with BTC and that is what we need in order to be able to move BTC to the next level.  Of coarse this is my opinion, we just need to be able to buy more normalize items.

Yes now times have evolved, unit of exchange may have changed with the times. Which was originally purchased using the native currency, can now be done with bitcoin. Probably about 40 years to come we can buy directly using bitcoin wherever we are. Era continues to evolve and change continues to exist
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December 27, 2015, 12:37:10 AM
 #131

To me one of the big advantages of bitcoin is ever universally accepted I can travel around the world without having to worry about exchanges and who accepts what. Another advantage currently I think is purse.io that allows you to buy things off Amazon at a discount with bitcoins.
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December 27, 2015, 01:30:06 AM
 #132

In a period of crysis like now in Italy, what can help BTC?

Cyprus can't close your bank account and take 99% of your funds.....
Lol, governments can make bitcoin illegal if they so choose.  How does your argument fit into that fact?

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December 30, 2015, 08:47:01 AM
 #133

To me, the main difference between Dollar and bitcoin is the former is supported by weapons, the latter is enpowered by Internet.

True, one has a uture and one doesn't.  The trends show more and more people are looking for ways to avoid war. More and more people are finding out the dirty tactics of the elites to create war.  RIP fiat.

Bitcoin is common money, if I have internet, we can use it. So it is based on the power of internet.

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December 30, 2015, 06:51:40 PM
 #134

There's no difference to me. Both can grow in wordly investment.
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December 30, 2015, 06:54:50 PM
 #135

bitcoin is way more better as it is decentralized and its price can rise a lot

 
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December 30, 2015, 07:00:51 PM
 #136

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.

i choose bitcoin, because using bitcoin make them simple by online thing. and it's also make us anonymous by buying or paying something.
i don't really sure bitcoin is anonymous when your transaction can be traced easily(unless you're using bitcoin mixing service),and also,when you wanted to buy stuff like domain,hosting or related things you need to fill in your real identity,so,there's no point you can prove that bitcoin is fully anonymous,but i agree to your opinion if bitcoin make transaction simple

We can say that bitcoin can be anonymous even though it happens in rare cases.
Dollar is more trusted currency and it is manipulated by the big institutions and it's centralized.
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December 30, 2015, 07:09:26 PM
 #137

I actually prefer the dollar but I think the dollar is very difficult to get on the internet, and the payment processor is also very difficult to make, so I prefer the manufacture bitcoin wallet very easily and how to find it arguably too easy

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December 31, 2015, 08:35:20 AM
 #138

Dollar will sooner or later be useless because of US Debt reaching almost 60trillion dollar.
Hyperinflation will happen if that debt isn't paid (which almost impossible)
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December 31, 2015, 09:42:01 AM
 #139

Dollar will sooner or later be useless because of US Debt reaching almost 60trillion dollar.
Hyperinflation will happen if that debt isn't paid (which almost impossible)

I think this time the dollar was to be elected by the people, it is because the state of bitcoin are not yet fully known and trusted among the community, maybe people prefer dollars, I also prefer the dollar than to the current bitcoin


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December 31, 2015, 12:07:42 PM
 #140

Dollar will sooner or later be useless because of US Debt reaching almost 60trillion dollar.
Hyperinflation will happen if that debt isn't paid (which almost impossible)

I think this time the dollar was to be elected by the people, it is because the state of bitcoin are not yet fully known and trusted among the community, maybe people prefer dollars, I also prefer the dollar than to the current bitcoin

Yeah dollar is the king when it comes to currency and bitcoin can never replace dollar as people have more faith in dollar and dollar is accepted and used globally and dollars have more satisfied users as compared to bitcoins, but bitcoin is giving a good competition to dollar and that is a great sign.
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