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Author Topic: Why should people use Bitcoin?  (Read 122103 times)
Schuyler
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May 15, 2017, 04:32:21 AM
 #1181

We just have to face the reality that at the moment, bitcoin is not for everyone. Some people find it too complicated, especially the older generations while the others who tend to be more conservative shy away from such volatile instrument. We can’t blame them for having that attitude towards bitcoin because bitcoin has not been widely used and accepted, but times they are a changing, gradually, more people are going to catch up and ride the bitcoin bandwagon.
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May 15, 2017, 05:47:13 AM
 #1182

Why you should use bitcoin. There are maney reason for this  dollar cannot receive internet but bitcoin except oll over the world. Bitcoin transaction fee is very low.  The payment system of bitcoin is very fast. Its  very important things is simple and secure.

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mrjoy15
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May 15, 2017, 06:04:50 AM
 #1183

Why you should use bitcoin. There are maney reason for this  dollar cannot receive internet but bitcoin except oll over the world. Bitcoin transaction fee is very low.  The payment system of bitcoin is very fast. Its  very important things is simple and secure.
Yes, That's true. I prefer most important feature Bitcoin is a decentralized also can be called peer-to-peer, another most important Bitcoin payments are processed through a private network of computers linked through a shared program that your identity. Either so many advantages of using Bitcoin, It can't explain in some words.
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May 15, 2017, 06:06:02 AM
 #1184

Because bitcoin is entirely decentralized, you need trust no one when using it. When you send a transaction, it is digitally signed, and secure. An unknown miner will verify it, and then the transaction is completed. The merchant need not even know who you are, unless you've arranged to tell them.
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May 15, 2017, 09:28:33 AM
 #1185

Because bitcoin is entirely decentralized, you need trust no one when using it. When you send a transaction, it is digitally signed, and secure. An unknown miner will verify it, and then the transaction is completed. The merchant need not even know who you are, unless you've arranged to tell them.
That's impossible to see that you will buy to a merchant directly because it requires them to know who you are if
their business is registered. payment system is different from a real currency and there are merchants who accepts bitcoin
but relies on a 3rd party.

JENREM
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May 15, 2017, 11:58:58 AM
 #1186

If I introduce Bitcoin to my mother, brother or other people who aren't tech savvy... They would simply forget about it because of many things: bitcoin is not so easy to get, it is confusing how to start using it, create wallet/address or whatever.
Lol for the layman, of course bitcoin will look hard to use. Let alone there is a very fast price change so they will be a little hesitant. You have to be clever in explaining this. So they are sure of bitcoin


@NEWGOODOUBLE, we cant blame people if they think bitcoin to be this way.. even i when i was starting, im having difficulty too and i tend to forget about it and dont have any interest to it.. but i think it will just also depends on how people will introduce to you about bitcoin. because my friend is the one who encourage me to this. then he seemed so convincing that is why i get into this. and now im earning just enough.
The_Dark_Knight
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May 20, 2017, 01:43:44 AM
 #1187

Right now what we need is the continued mass adoption same as that happened with Japan as well an acceptance from common people to get it listed as a currency same as USD or Euro. This is possible only through regular spreading. For this we need to use as well spread which helps in circulation as well in sustained growth.

It is difficult to get bitcoin widely accepted, bitcoin is too strange for the developing countries in the world. Myself, I do not like bitcoin to be accepted although its value can increase thanks to it. When it is accepted, we must pay taxes on transactions, and every deal is finalized. I hate that, I like a free bitcoin, not managed by anyone.
This scenario does not need to happen, as long as people accept bitcoin without any of the impositions of the government then bitcoin will still be free , besides there is no way for the government to charge  for transactions directly unless they control the network.

But government may not legalized it if they can't put tax on it, government needs to see how they can get money on it before making it implemented, being it known too much may abuse by the government its uses.
While bitcoin could benefit from being legalized by governments bitcoin does not need that, bitcoin has thrived without that, the legalization by the government will only help legitimize bitcoin and nothing more than that, people will still use bitcoin.
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May 20, 2017, 02:01:20 AM
 #1188

I think people use bitcoin because it’s fast, secure and global

Bitcoin doesn’t discriminate. You can use it anywhere in the world, to send value almost instantly, nearly for free. Transferring bitcoins costs just a few pennies and you can send as much value as you want. It’s important to remember that bitcoins can’t be counterfeited or duplicated.
Just my opinion, but in this day the transaction of bitcoin going slow and the transaction fee is high.
mining_spaceship
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June 22, 2017, 01:45:21 PM
 #1189

It's a matter of freedom. If people want a way to be free to send and receive money from anywhere in the world, without any kind of censorship, Bitcoin is one of the few ways we have.

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francedeni
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June 22, 2017, 02:22:21 PM
 #1190

People do use of bitcoin because of its easy to use and easy to access. Easy to transfer funds anywhere as long you have an access to the internet. Bitcoin really adopts by many people because they invest and earn well.
fancy_pants
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June 22, 2017, 02:27:31 PM
 #1191

People should use bitcoins because it gives them freedom without any involvement from the government and it can also be an good investment for them in future if they save it and keep for the right time to come.
Pamadar
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June 22, 2017, 02:31:42 PM
 #1192

It's a matter of freedom. If people want a way to be free to send and receive money from anywhere in the world, without any kind of censorship, Bitcoin is one of the few ways we have.
i like your comment mate i think if people will really understand how better bitcoin can be and not to think for its downside i guess they will embrace it
just need to give them more information and more guidance so they can use bitcoin correctly and take advantage as a system not just a investment.
KnightElite
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June 22, 2017, 02:38:42 PM
 #1193

Nowadays many people in different countries are now using bitcoin as their daily payment. All the people must know what is bitcoin and what can bitcoin can do. They must be aware to he bitcoin.
Armstand
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June 22, 2017, 02:45:17 PM
 #1194

Nowadays many people in different countries are now using bitcoin as their daily payment. All the people must know what is bitcoin and what can bitcoin can do. They must be aware to he bitcoin.

If they not know it now then when did they plan to know? When btc is already implemented legally and have taxed (if ever government finds a way how)?  People must know now thay btc exisy that they can earn more in investing in it and trading that it can be use as mode of payment and a bank too.
chickenado
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June 22, 2017, 02:56:53 PM
 #1195

People should use bitcoin because of security and fast transaction and it easy to use, some of earning sites are using bitcoin as a payment method to pay members through bitcoin.

Almost all of the answer is the same. But It is fact. This bitcoin is secure when we base on the system of bitcoin but when you base on the other earning ways of bitcoin many of my friends already quit in bitcoin because their bitcoin invest it in HYIP and they don't want to remember their losses money. Even if I said that I have another way of earning that they can get good amount of bitcoin.
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June 22, 2017, 06:37:02 PM
 #1196

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

What is clear can and is needed for all needs, will be more interested in using bitcoin
Feri577
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June 22, 2017, 06:53:43 PM
 #1197

Yes, bitcoin is fast and easy. If people agree that bitcoin can be a legal tender just like money, then I guess I prefer to use this.
But for those of us who already know bitcoin will be very important but with people who do not understand bitcoin then sooner or later we must convey to those who do not know because this is very important and useful.
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June 22, 2017, 08:17:52 PM
 #1198

Because this is an inevitable future. Sooner or later you will have to start using them
Today our eyes widened after seeing the real prospects of Bitcoin and the opportunities to earn in the sphere of crypto currency.

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June 22, 2017, 08:22:30 PM
 #1199

Because this is an inevitable future. Sooner or later you will have to start using them

It is the first time after a while, I am not writing anymore in this type of topics, I realised these topics are just for spam but are considered bitcoin discussions.

What I can say about bitcoin. Bitcoin will fall, bitcoin will dissapear, i don't see the sense of bitcoin at this moment. Maybe the next hard fork will change it totally but at this moment I can't accept it as it is now. It is not a coin for future. Even the point of 21 millions total coins, even if everyone thinks is awesome i consider over rated.

I want to clarify that this is simply my opinion and maybe I am wrong.  Anyways there are already so many good coins on the market and the point is all of them are too cheap. I really like ether (i mean i love it), ripple or steem.

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June 22, 2017, 08:40:43 PM
 #1200

Security
Cheap transfers around the world (where there is Internet)
Privacy protection
Anonymity
Simple payment system from smartphone
No need to keep the computer / smartphone on or somehow manually take bitcoins
No inflation
Inability to refund payments.
Low interest rates
High transparency of operations.
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