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Author Topic: Why should people use Bitcoin?  (Read 122103 times)
Gens09
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August 17, 2017, 01:14:08 PM
 #1601

Bitcoin is the future of money, or so they say.


I would like to hear your opinions on Why should people use Bitcoin?



The bitcoin network is an easier payment network, faster to use than other payment methods. You do not need to register any information and have access to a world wide market where you can earn and spend.  Smiley



I strongly agree. Bitcoin is making a great expectation for the future. This paves the way to cashless society. Bitcoin and its usefulness projects a high potential for development and innovation.
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August 17, 2017, 01:31:56 PM
 #1602

Bitcoin is the future of money, or so they say.


I would like to hear your opinions on Why should people use Bitcoin?



For me, Bitcoin is one of the safest transaction. You are safe because you do it online. Although bitcoin is always changing it is also the easiest and quickest transaction of money. Sometimes other country doesnt pay taxes for this transaction so that it is not expensive.

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August 17, 2017, 01:34:43 PM
 #1603

Well, there really are a lot of reasons why people love bitcoins and i expect a lot more to come. And reasons are, it is profitable. And let us be honest here, it is our nature to take advantage on things that we can benefit from. And i mean take advantage until it is worn out. And second, it is easier to make transactions not just locally but anywhere in the world. That is if you have an internet connection which is almost everywhere. And, you can hide your assets and look broke even when you have a lot (Some people might find this useful). And again, low rates in sending money, damn! It makes life one step easier! Who wouldn't want to get into bitcoins?? (Well except for those who are too lazy to study and understand its mechanics or how it works though)
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August 17, 2017, 01:44:41 PM
 #1604

Bitcoin is decentralized and secure. No one owns it and that's its greatest feature. It was not meant to be a store of wealth or just an asset. It was meant to kill Visa and Mastercard, to put power back in the hands of the people. To eliminate the third party trust system.

 Segwit does not make Bitcoin able to do what is meant to do. So We can either come up with a plan to make Bitcoin instant and able to handle millions of transactions a minute or find an altcoin that can work alongside Bitcoin to handle payments. The problem is, if say Dash is used to handle payments and Bitcoin is used as an asset and money transfer, Bitcoin becomes obsolete. Dash can do all of that. Unfortunately, Segwit has not made Bitcoin the better of the coins in most cases. It's also still losing decentralization quickly. But then again, all ASIC mined coins are.

One thing I would want to say is that there is no perfect coin. SegWit have helped bitcoin through the tough time that we were having because of the transaction fee and time but it's still not enough for transactionists. Transactionists want something that's an instant, pretty much a lightning network. Apparently, we don't have that in bitcoin. It is said that they are testing LN to some altcoins but it was still not enough reason for people to refrain from using bitcoin and then fully switching to that new coin.

People will always choose the mainstream over something better. There are people, of course, that would like to transact using a coin with a better transaction time and fee but the question rather resides on if the person you're transacting to would want to use that coin too.

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August 17, 2017, 01:49:05 PM
 #1605

The thing that attracts me to bitcoin is the control it gives to individuals. No organization can sensor or arbitrarily freeze or seize your money. It is truly provides a way for millions of people around the world to participate in the free market without borders. That is simply amazing and have the potential to help people who do not have access to financial services to pull themselves out of poverty.
Sidas_Crew669
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August 17, 2017, 02:34:15 PM
 #1606

If later bitcoin progresses and is used all over the world then Bitcoin can facilitate people in transact. No need to bring a lot of money to make transactions, so avoid the robbery or something.

Well, one of the advantages of using bitcoin is we don't have to bring the same money with the transactions that we do. Because the financial system has a bitcoin is almost the same with the bank, but that does not mean the bank equals bitcoin!!! . Because banks and bitcoin is very different, where when we use the bitcoin will definitely benefit greatly, whereas if we use just the standard benefit bank. So this became one of the options is fairly profitable
 
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August 17, 2017, 02:54:38 PM
 #1607

The exact reason they should use it is, because bitcoin really does give big advantage and bitcoin is the currency is decentralized, so you don't have to worry about getting monitored by any government or private agency
nrvasquez
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August 17, 2017, 02:57:13 PM
 #1608

Bitcoin is the future of money, or so they say.


I would like to hear your opinions on Why should people use Bitcoin?



Because people are now beginning to believe that bitcoin has a good future, so many people use bitcoin.

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August 17, 2017, 03:00:44 PM
 #1609

1- easy to use send and recieve
2- the transfer fast
3- good investment for future .

Aur3
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August 17, 2017, 03:27:00 PM
 #1610

Bitcoin is the future. We're now living the future. We're living its benefits. All we need to do is stay invested and keep investing to see more developments. Bitcoin has a promising future ahead. It's brighter than 4k televisions today.

Let's make a change. Change makes you better. Change makes you smarter. Change makes you healthier.
Zeke_23
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August 17, 2017, 04:20:47 PM
 #1611

1- easy to use send and recieve
2- the transfer fast
3- good investment for future .

yes, it has a future. its good to invest bitcoin now since its price is increasing each and every month that passed. even if it dumps it doesnt mean that it will go down to the ground. it can still pump like it does last month, look at its price now, its amazingly increase in a short period of time.

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andaresta
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August 17, 2017, 04:26:49 PM
 #1612

I use bitcoin because my friend suggested me to use bitcoin, because with bitcoin I can get what I ever dreamed of first.
dobladi
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August 17, 2017, 05:07:52 PM
 #1613

Bitcoin is the future of money, or so they say.


I would like to hear your opinions on Why should people use Bitcoin?


Bitcoin should be used by people because it is profitable. They can earn income or money through lots of ways. Bitcoin is also decentralized, which meand they may use it or spend it as they like without someone to restrict them and not having factors to consider when you are buying something unlike in fiat. It has also less charge in transactions.

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August 17, 2017, 05:12:35 PM
 #1614

Because the financial circumstances have been changed a lot and also it minimizes the cost for the third-party that helps us send and transfer money that we use now instead of criptocurrency.
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August 17, 2017, 05:14:45 PM
 #1615

Bitcoin is the money for the future.Moreover,the government does not have to pay any taxes to deal with it.
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August 17, 2017, 05:28:59 PM
 #1616

1. good investment we are all know that bitcoin have big value of futures market it can worth a million dollars
2. security features we all know that bitcoin is hard to hack
3. save time you can buy thinks with just one click
4. fast service. am i gamer i sell game gold to people am using bitcoin as a payment. in just a second i can transact to other country. not using remittance center any more
5. low fees if i send money abroad it coz me 5% of my money if i use bitcoin is just 2%


Well said, there are many reasons for using the bitcoins. Bitcoin could be use as an alternate currency for our day to day transactions instead of fiat currency. If more and more people start using bitcoins then more retail shop and restaurants will start accepting bitcoins, it will help bitcoin community to grow.
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August 17, 2017, 05:38:34 PM
 #1617

It simply makes every transaction easy. Bitcoin is known worldwide and can easily be converted to different currencies. Why would you compromise on a non flexible currencies when you can just make a bitcoin wallet FOR FREE and start using bitcoin
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August 17, 2017, 06:16:04 PM
 #1618

I would advise people to put a small fraction of their assets in crypto currencies.
At least if they already have an investment plan.
I think you have to diversivy your investments and cover all bases. Crypto currencies became one of these bases during the last years.
In case a person has only enough money to pay the usual bills, maybe a little side work like a campaign can help to improve the financial situation.
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August 17, 2017, 09:27:11 PM
 #1619

Bitcoin is the future of money, or so they say.


I would like to hear your opinions on Why should people use Bitcoin?



Because people are now beginning to believe that bitcoin has a good future, so many people use bitcoin.
yes I think it is the main fact lot of people come to know about the price of bitcoin and then they start working to get them and they believe that bitcoin will help them in future. And I also believe that bitcoin will all of its users in the future because its price keep on rising an never get fall in future. The more demand increase the more price will increase because there is limited supply of bitcoin and people want more to save for future.
sandrun
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August 17, 2017, 09:34:28 PM
 #1620

This is a very easy question to answer. Why you should hold bitcoin because bitcoin is an investment that produces and makes you rich without working. If you have bitcoin and keep it for a long time. You will get very much money from the result store it, it is very simple .. and not only that bitcoin also able to give you easiness in traksaksi, now banyal online store or restaurant using bitcoin payment. I think you just need a bitcoin wallet to pay your bills ... and many more benefits if you have bitcoins

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