Mr.grin
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Activity: 1218
Merit: 1000
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November 06, 2017, 03:03:15 AM |
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I know that bitcoin was made to be better, but lets take a look at the reality now.
Bitcoin as a way to send money to someone:
If I send money to my buddy overseas he will have to open up a account at an exchange and then pay all their taxes to cash out the money. At some places the bitcoin currency is different from the bitstamp. So at the end I could spend a lot more to sent him the money. I know that if it was just bitcoin it will be ok, but as of now fiat is the money that everyone accepts.
Bitcoin as a way to buy stuff:
If I want to buy stuff with bitcoin, I have to have the wallet , cold, hot and also some security hardware. The store would have to have all that and also take the risk of bitcoin do up or down too fast. So to accept bitcoin as of today, this would be more marketing than actual business.
I think bitcoin would be good only for a regular money channel between to parties. If you have to send money to your partner and if this is very expensive and take too much time, than maybe bitcoin could be better. Lets not forget that a exchange is needed to make bitcoin turn in to fiat. That may cost a lot.
That would be no hassle if we compared with cash payments, but I do believe that bitcoin has an advantage if we value it for cashless type of transactions. It's a good sources of fiat cash if you needed it badly, and people used it for better purpose not just by spending it but also for saving it for long term investments. People should use bitcoin because it can help us people to earn a money or converting a money. For our future I think that many have been making money from bitcoin. so, the reason why they are looking for bitcoin, because it is one source of their income. well, without it, they only earn a little money. |
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Ngewex Yuk
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November 06, 2017, 03:25:03 AM |
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People use bitcoin because it gets great benefits, and the biggest benefit is to get profit, in addition to get profit of course there are other factors such as the security of money we save.
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TIME
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jackhdt
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November 06, 2017, 03:25:45 AM |
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Its a alternative coin, people will store their savings to bitcoin than storing at the bank.
why is it the money instead? Please explain Bitcoin stored in different banks with local cash storage Finally the your answer for question: "Why should people use Bitcoin?" |
Make me great again
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poging alfino
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Activity: 34
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November 06, 2017, 03:36:25 AM |
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Bitcoin is the future of money, or so they say.
I would like to hear your opinions on Why should people use Bitcoin?
why should people use bitcoin? because it’s made for our generation what we mean by that is bitcoin is made for the Internet-generation. We are quickly moving past the days of carrying around paper cash or pulling out your credit card. Bitcoin goes several steps further than the convenience of credit cards by equipping users with a payment option that is significantly lower in fees, provides virtually instantaneous transaction time, and is accessible through the dozens of bitcoin wallets. |
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Adv Tahmina
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Activity: 294
Merit: 10
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November 06, 2017, 03:45:34 AM |
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Because bitcoin is online money whereas dollars are not designed for online.People prefer bitcoin because of its faster and lost cost transaction! I wish bitcoin a grand success! For this people at large should be aware of bitcoin transactions.
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soudao
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Activity: 42
Merit: 0
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November 06, 2017, 03:50:12 AM |
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My willingness to trust and hold bitcoin is a security mechanism that I believe in Bitcoin unless there is something perfect!
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ridwan99
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Activity: 350
Merit: 10
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November 06, 2017, 03:55:43 AM |
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bitcoin is future money..... I like to hearing it is easy to send world of any country and exchange of any big balance...
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saira0j
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Activity: 42
Merit: 0
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November 06, 2017, 07:09:16 AM |
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It is because of its advantages.Easy payment, Bitcoin has very low and sometimes no transaction fees, No Third-Party Seizure, No Taxes, No Tracking and many more advantages are there.
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Thardz07
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November 06, 2017, 07:54:19 AM |
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People use bitcoin because people are hoping to get earn money easily, bitcoin provides finacial freedom to us. And bitcoin give us stable job, someday in the future, the uses of bitcoin have more importance rather to a real money. I think so.
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Bitcoininvestment
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November 06, 2017, 08:07:29 AM |
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Bitcoin is the future of money, or so they say.
I would like to hear your opinions on Why should people use Bitcoin?
We shouuld use bitcoin because in these days bitcoin become popular and there's some articles says that bitcoin is our future money. Also, there is a lot of benefits that can get in bitcoin to help all those people who are helpless. |
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zhopas
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November 06, 2017, 08:09:47 AM |
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Bitcoin is the future of money, or so they say.
I would like to hear your opinions on Why should people use Bitcoin?
People used bitcoin because here they can earn a lot which can help them to their life. Bitcoin also have a great value that is why many people depend on it. Bitcoin can provide things that we are needed as long as we work hard. So that bitcoin should be used by the citizens. |
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Gondwanaland
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November 06, 2017, 08:12:29 AM |
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Bitcoin is the future of money, or so they say.
I would like to hear your opinions on Why should people use Bitcoin?
in some articles you're right that it says that bitcoin is the future money so we need to choose it now for us to be advanced when the time comes that bitcoin is used by all people. Bitcoin can help us to buy those things that we needed to sustain our life. Bitcoin can really help people to have a work and to earn a lot. |
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Aryadwipanggah
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Activity: 350
Merit: 13
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November 06, 2017, 08:21:40 AM |
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the truth is not in need to use bitcoin, but for people who understand about the world of cryptocurrency will definitely use bitcoin as its investmen
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SastraID
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November 06, 2017, 08:34:30 AM |
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because bitcoin easy to use and can get free on internet bitcoin is future of the money and invesment  |
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rainezerr401
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Activity: 294
Merit: 10
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November 06, 2017, 08:58:04 AM |
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Yes people use bitcoin because of many uses..bitcoin can really help people to work and earn a lot..financially secured..its easy to send and receive money world wide..life becomes more better and successful  |
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Erlinda Santiago
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November 06, 2017, 09:03:12 AM |
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Why people should use bitcoin, because it is easy to send and receive money from all over the world, no need for iban no need to pay additional fees to the bank so it made our life easier.
yes your right plus it is easy to use especially in online business or bitcoi investing for starting a business |
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Trixtickler
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November 06, 2017, 09:06:44 AM |
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The reason why people should use bitcoin is because bitcoin is a unstable crypto currency witch grows every day. And because it is unstable you can make a lot of money with it by buying and selling bitcoin at the right time.
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A.nayem
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Activity: 81
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November 06, 2017, 09:13:30 AM |
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#I could care less about what others do and why they do it. For me it is about financial benefit. Bitcoin is the fastest, cheapest, and most secure money. It is far better than dollars. In order to use dollars I must have permission from the issuer and must use them according to their rules. And unlike credit cards bitcoin is private, for example: your wife won't find out that you bought her present after seeing your bitcoin transaction, but could easy tell after seeing your credit card history.
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Bobmarley2000
Newbie
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Activity: 30
Merit: 0
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November 06, 2017, 09:31:12 AM |
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I know that bitcoin was made to be better, but lets take a look at the reality now.
Bitcoin as a way to send money to someone:
If I send money to my buddy overseas he will have to open up a account at an exchange and then pay all their taxes to cash out the money. At some places the bitcoin currency is different from the bitstamp. So at the end I could spend a lot more to sent him the money. I know that if it was just bitcoin it will be ok, but as of now fiat is the money that everyone accepts.
Bitcoin as a way to buy stuff:
If I want to buy stuff with bitcoin, I have to have the wallet , cold, hot and also some security hardware. The store would have to have all that and also take the risk of bitcoin do up or down too fast. So to accept bitcoin as of today, this would be more marketing than actual business.
I think bitcoin would be good only for a regular money channel between to parties. If you have to send money to your partner and if this is very expensive and take too much time, than maybe bitcoin could be better. Lets not forget that a exchange is needed to make bitcoin turn in to fiat. That may cost a lot.
That would be no hassle if we compared with cash payments, but I do believe that bitcoin has an advantage if we value it for cashless type of transactions. It's a good sources of fiat cash if you needed it badly, and people used it for better purpose not just by spending it but also for saving it for long term investments. People should use bitcoin because it can help us people to earn a money or converting a money. For our future I think that many have been making money from bitcoin. so, the reason why they are looking for bitcoin, because it is one source of their income. well, without it, they only earn a little money. I agree with you bitcoin is a great help for people who do not earn much and this helps them to earn what they actually need that is why i love bitcoin because it also has helped me a lot to take care of my family. |
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skarais
Legendary
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Activity: 2492
Merit: 2145
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November 06, 2017, 09:53:29 AM |
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I think why people should use bitcoin,because using bitcoin we easily send and receive money from different countries around the world whenever you want.
There are several reasons why this bitcoin should be used,first the transaction goes fast and the normal confirmation time is done every 10 minutes.
Secondly,the transfer fee is quite cheap and the Bitcoin can't be blocked by any bank or institution.
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