Why should people use Bitcoin?

[BigBoy89]

I think that the question should be, why should not people use bitcoin?

Nah seriously, lower fees, faster transactions ( yes im sure that in the future it will be pretty faster ), no 3rd persons involved in any transactions, NO MANIPULATION POSSIBLE and much more...

In general is something like an natural evolution, yes?

You nailed it there are so many reasons that why should people use Bitcoin which you have listed amazingly and very few reasons where people are bit hesitant to you it. So the question should have been why should people not use BTC.

[1713885181]

1713885181

[ajareselde]

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


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

Everyone should use bitcoin. It doesn't carry too much weigh with small amount of people, but if we turn this into something that majority of population would use, we
could finally be free of middle man services, banks and fee's - which is not a small thing.
But even with user and service count we have today, you can still utilize it to send money across the world with min. fee, since there's bitcoin atm or exchange practically everywhere.

[Mr. Forum]

I do believe that with the advancements in terms of technology, we are going towards having the digital currency. Bitcoins is a perfect example of digital currency. people should be able to use the coins since they are the things we will be using in the coming years thus it is a rehearsal for them now. The other reason is because bitcoins has this high value and worthiness that people should embrace. They should be used as alternatives to gold.

[richardsNY]

It has definitely the potential to become a top payment option. The future for Bitcoin is great. I only think it will take quite some time before we see Bitcoin being a real threat to PayPal and so on.

[HarryKPeters]

Forget about the potential, let's focus the benefits we have already..
a fraction of the usual transaction fee

Then offcourse, we have the speed, anonimity and freedom to access and spend your money whereever your are. Without any daily limit or account audit.

[mtnsaa]

Definitely for gambling as others have mentioned and I didn't in my previous posts. I can see the advantage there instead of using credit cards in casinos all over the world. However there are and were plenty of not so safe Bitcoin sites, investments, casinos, exchanges that create a bad name as it's not really regulated. If this wasn't the case I'm sure Bitcoin gambling would be much bigger today since it's completely anonymous, in many sites you don't even have to create a profile/account, you bet right away.

[Mickeyb]

Definitely for gambling as others have mentioned and I didn't in my previous posts. I can see the advantage there instead of using credit cards in casinos all over the world. However there are and were plenty of not so safe Bitcoin sites, investments, casinos, exchanges that create a bad name as it's not really regulated. If this wasn't the case I'm sure Bitcoin gambling would be much bigger today since it's completely anonymous, in many sites you don't even have to create a profile/account, you bet right away.

Yes these are great benefits, but is it easy to gamble away all of your money in this way. Trust me, I am telling you from my personal experience. With the traditional sites, at least you have a way to self-exclude yourself. With the Bitcoin gambling, you are always couple of clicks from the bet and if you are addicted, Lord better help you!

[chennan]

Definitely for gambling as others have mentioned and I didn't in my previous posts. I can see the advantage there instead of using credit cards in casinos all over the world. However there are and were plenty of not so safe Bitcoin sites, investments, casinos, exchanges that create a bad name as it's not really regulated. If this wasn't the case I'm sure Bitcoin gambling would be much bigger today since it's completely anonymous, in many sites you don't even have to create a profile/account, you bet right away.

Yes these are great benefits, but is it easy to gamble away all of your money in this way. Trust me, I am telling you from my personal experience. With the traditional sites, at least you have a way to self-exclude yourself. With the Bitcoin gambling, you are always couple of clicks from the bet and if you are addicted, Lord better help you!

Yeah, but at the same time it's great for the Bitcoin economy in general. It doesn't really matter to some people to lose their money they put in. It's all about the thrill for them, and if they are going to do it no matter what, might as well be with bitcoin.

[Rabber]

21m coins in bitcoin to serve over 7 billion people??? wait for our new project to unfold it will bring lots of features and worldwide acceptance!!

COMING SOON!!

Are you being sarcastic?

I don't know if 7 billion people will ever be using bitcoin, but lets say hypothetically the users to reach into the billions. There is no reason 21m coins can't be enough. You have to consider each coin is 100m satoshi. That just means that last satoshi will actually be worth something.  I'm still learning about bitcoins myself, but maybe it's possible that they can break it down into even smaller bits it there was the need. As it is, if the value of a coin reached a million dollars, then a satoshi would be worth a penny and 21 million bitcoins would be worth 21 trillion. It looks like there's plenty of room for user growth.

[mexicantarget]

People should use bitcoin because it revolutionizes the way we shop online. It revolutionizes the way we interact with many things online.
Blockchain itself, is god given tool. The person(s) who made it, did a very well job. Him/them, started something amazing.

This is the new world. We are living in it. We should be proud for that.

[Snorek]

People should use bitcoin because it revolutionizes the way we shop online. It revolutionizes the way we interact with many things online.
Blockchain itself, is god given tool. The person(s) who made it, did a very well job. Him/them, started something amazing.

This is the new world. We are living in it. We should be proud for that.

I would not exactly say that bitcoin revolutionizes online shopping, not really - you can pretty easily shop with credit card or PayPal.
Blockchain is amazing - that is the thought or every bank and financial institution out there, they want to ditch bitcoin and create their own version of blockchain, and it doesn't sound so cool anymore...

[btcxyzzz]

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


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

Mostly because of controlled inflation / deflation. The most important property there is.

[ajun96]

It has definitely the potential to become a top payment option. The future for Bitcoin is great. I only think it will take quite some time before we see Bitcoin being a real threat to PayPal and so on.

I dont think some time coming, but now bitcoin has become the best payment system, now you can see a lot of online stores that accept bitcoin as payment system

[lolgato]

Well it's not really "should" per say but if they are interested yes they should because it makes transaction easier and well done even able to track it and low transaction fees.

[~Bitcoin~]

The most attractive thing is people can store their money securely. It can't be taken down by any of those big government like USA which have taken down lots of site including liberty reserve saying they are being used by criminals. They have not only taken so called criminals money but also money of innocent people like me.

[quentincole32]

this is mainstream question,its like another person ask about, "what is benefit use bitcoin" / "is bitcoin good for us,why" and etc.
and every question like that,i will answer said yes they should use bitcoin,if they want something new,something better than Western Union,and something can get with free.

[CryptoBeauty]

Inflation. Most important aspect of Bitcoin.

[neochiny]

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


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

bitcoin is the future alternate currency for every people in every
country, because bitcoin can be use as a local and international
 which will give people more option on what they want to buy
local and abroad.

[n2004al]

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

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

As for me the people must use bitcoin only to earn other bitcoins from those which will use. At least this is what i do. Bitcoin is to precious to be used for the bought of the everyday things.

Even for investment must be very careful because can be lost even you use them to earn more. It is an example happened to me which is perfect to confirm the wrong use of it while you with its use have in mind to earn other bitcoins. There is a opportunity which offer profit for an amount given by you to them. This amount could have been in us dollar or bitcoin. I thought to use bitcoin because want to have more such. But the problem was that they worked with us dollar and the profit was given in us dollar. So I invested in bitcoin. The amount of bitcoin sent by me was converted immediately and automatically in us dollar and worked in us dollar. Then if you wanted to withdraw the amount to be taken automatically was converted in bitcoin and sent to me as bitcoin. Where is the problem? If the price of bitcoin increases I will have less bitcoin than before with the previous price. So was the risk that me don't have even my invested bitcoin if the price goes high more than the percentage of profit given by the opportunity. So an my error in analyzing well the opportunity could make me lose bitcoin instead of earn others.

Conclusion: don't use bitcoin for everyday stuffs and use it very carefully in investments which can grow the amount of those in your wallet. Bitcoin is precious. There are justified hopes that its value will greater in the times to come.

[DarkHyudrA]

It's the best way I can receive money that is from another country, to avoid ridicously high taxes and bank fees.