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Author Topic: Why should people use Bitcoin?  (Read 122103 times)
IluhaHA
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April 03, 2016, 10:13:14 PM
 #221

Bitcoin has made my home country free in many ways - why should people use it? because its free and unregulated my friend never forget that truth
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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gtglener
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April 04, 2016, 07:15:38 AM
 #222

Because with BTC you dont need banks.
You are your own bank.

but maybe in the future bitcoin users feel need of banks for their bitcoin, and the banks feel need to adopt bitcoin, which will be inevitable if bitcoin take over the whole world.
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April 04, 2016, 07:26:54 AM
 #223

Because with BTC you dont need banks.
You are your own bank.

but maybe in the future bitcoin users feel need of banks for their bitcoin, and the banks feel need to adopt bitcoin, which will be inevitable if bitcoin take over the whole world.
banks are not essential for bitcoin. That's the peculiarity of bitcoin. If it is adopted by banks then it becomes the normal currency like dollars and euroes.
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April 04, 2016, 07:35:03 AM
 #224

People should use Bitcoin because it can help them save money. People who have a problem with saving money can buy Bitcoins so they can not buy other stuff. 
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April 04, 2016, 07:39:08 AM
 #225

Because with BTC you dont need banks.
You are your own bank.
i'm not agree with that,nowdays i still need a bank even i have so much bitcoin,and people also like that,because some cuntries still have no place to shop or use bitcoin as currency as well,so i think we still need a bank.
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April 04, 2016, 09:06:34 AM
 #226

Because with BTC you dont need banks.
You are your own bank.

Yeah its one of the major factor. Every user have their own wallets which acts equal to a bank. Even for transactions we doesn't need to depend upon a intermediary.

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April 04, 2016, 09:16:16 AM
 #227

Need to keep up with the times
Skaven
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April 04, 2016, 09:45:25 AM
 #228

People should make use of Bitcoin because it is easy to work with. If for example someone from your family in a other counrty needs money you can transfer it to them with in seconds.
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April 04, 2016, 09:51:26 AM
 #229

The most people should use it because its easy to pay with and the fact its globally useable no exchanges or anything.
Also another fact is that you can control your own money, no banks are involved and they also cannot say anything about it.
The last reason that makes it attractable is that its also profitable like savings on a bank on a long term.(most likely)
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April 04, 2016, 10:01:57 AM
 #230

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


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



Yes it is future currency, Bitcoins will take some time but it is very profitable currency for everyone.
i always suggestion to people to use it .
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April 04, 2016, 10:12:03 AM
 #231

Because with BTC you dont need banks.
You are your own bank.
i'm not agree with that,nowdays i still need a bank even i have so much bitcoin,and people also like that,because some cuntries still have no place to shop or use bitcoin as currency as well,so i think we still need a bank.
yeah in my country I can't even eat some food from restaurant and pay bitcoin as the money. Or I could never purchase anything from my nearby local stores. Still bitcoin has to grow. Only after we can buy the everyday needs by using bitcoin we can tell there is no need for other currencies and banks.

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April 04, 2016, 10:16:06 AM
 #232

people should buy bitcoins because world is getting change and being digital. and bitcoin is the currency of future. every one will get involved in bitcoin so soon.
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April 04, 2016, 10:18:07 AM
 #233

people should buy bitcoins because world is getting change and being digital. and bitcoin is the currency of future. every one will get involved in bitcoin so soon.
and becouse people can make a smart income with bitcoin. they can earn lots of money if the use bitcoin and work in bitcoin, lots of people earning bitcoin online for their living, it is best earning source ever.

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April 04, 2016, 10:29:03 AM
 #234

people should buy bitcoins because world is getting change and being digital. and bitcoin is the currency of future. every one will get involved in bitcoin so soon.
Its impossible that everyone could get involved to bitcoin because theres still a lot of people who doesnt have access to internet (about 4 billion to be exact according to the live stats) but the bitcoin users will be increasing soon once bitcoin get exposed some more.

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April 04, 2016, 10:42:45 AM
Last edit: April 04, 2016, 11:15:56 PM by BitcoinMalaysia
 #235

I always hear people say, with bitcoin, you are your own bank.

I am not really sure how much that is true - Not aware of anyone who has given up banking services entirely in favour of bitcoin.  The role of fiat is still there.

I think bitcoin is a good facilitator of capital flows.  If you want to send funds, it's great.

p.s. for those interested in bitcoin as an investment tool, check out Keza.
http://themerkle.com/bitcoin-investment-startup-keza-unveils-ios-beta-app/
https://www.producthunt.com/tech/keza
http://getkeza.com/ (It's free to apply for a Keza account)
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April 04, 2016, 10:49:46 AM
 #236

This is our imminent future, it is inevitable
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April 04, 2016, 10:52:04 AM
 #237

People should make use of Bitcoin because it is easy to work with. If for example someone from your family in a other counrty needs money you can transfer it to them with in seconds.

Yup its better than WU. Transactions can be get completed with a minute but If you send through exchange means It will take 2 or more days to complete the transaction. Bitcoin instantly you have For that please try to get a bitcoin debit card.
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April 04, 2016, 10:55:04 AM
 #238

Using the bitcoin just has a lot of plus points in my eyes because its firstly easy to use and also very secure.
Another thing is that its self controllable no one can do something with your money, plus its also untraceable so that is also pretty nice.
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April 04, 2016, 11:09:00 AM
 #239

With bitcoin everything is easy and simple, you are your Bank)
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April 04, 2016, 11:52:39 AM
 #240

When I use bitcoin, if I want to send money to other people, I do not need to use a bank to do that.
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