Why should people use Bitcoin?

[haster100]

I do not know for sure, but what I know, bitcoin is a virtual currency. And it will continue this way to the future. It can only be news infotainment information bitcoin, offering or attracting more investors new investors.

[yonjitsu]

why should people use bitcoin because it is easier to send and receive money around the world. also, you can make money in bitcoin

Yes, bitcoin wins in terms of speed and it's really the best tool for paying goods, products, and services online. On top of that, you don't need any personal information about yourself anymore just so you can transact a single transaction.

[emondot]

you don't need to believe others. in a conventional banking system, you have to trust others to handle your money properly every day. you have to trust the bank, for example. you may have to trust a third party payment processor. you have to trust the merchant too. these organizations are demanding their own interests, asking for your personal information. bitcoin is fully decentralized, you do not have to entrust to others when using it. when you submit a transaction, the transaction will be digitally signed, and secure.

[futile-resistance]

if people want to change their life then should they use nitcoin, we know many poor people now reach man for possible bitcoin.and if u use bitcoin then u can got some chance like u can do shopping etc..

If people are serious with bitcoin then surely bitcoin will never make their holders disappoint because investment is a big cause to earn money, if you will make a big investment then surely you will get much benefit from it and if you will withdraw it earlier than you still it will give you benefit but a little bit. Long term investments are best for long time period, as prices changes then you earn profit according to them.

[Alexnelepa92]

When you are in your Bank pay check to another one Bank, usually the Bank will hold the money to ensure that funds are actually available. Similarly, international wire transfers can go more than one day.

Transactions in bitcoins are much faster. So, transactions are "zero-confirmation" pass out instantly. The receiving party assumes the risk of transfer not confirmed by the block chain. Or, the transaction takes about ten minutes, if the recipient of the payment is waiting confirmation. In any case, it is many times faster than any interbank transfers.

[emondot]

Bitcoin Transaction, does not require you to submit your confidential information. Instead, they use two keys: a public key, and one private key. Anyone can see your public key (which is usually called your bitcoin address), but your private key is confidential. When you send a bitcoin, 'sign' your transaction by merging the public and private keys together, and applying the math functions to them. This creates a certificate that proves that the transaction came from you. As long as you do not do silly things like publishing your private key to everyone for everyone to know, congratulations..you're safe from any theft case.

[MAJICOIN]

In the present time the bitcoin trend is very high and people are moving to the crypto market for making investments  so people are earning bitcoin and then people use bitcoin for different reasons like in most of the people buy things online through this currency. bitcoin is using for online payments worldwide in the present time and most of the people wants to do all online services through bitcoin.

[crypto_sagor]

People will not use currency notes at a time. Then people will become completely dependent on cryptocurrency. Traffic police in South Africa are fined by Bitcoin. Bitcoin may be used in many other daily tasks. Today, I saw a fun post on Facebook, that the beggars would accept Bitcoin at some time. Then it can be said that there will be a day when only the cryptocurrency will be used.

[jakoylantern]

For me, people should use bitcoin because it is centralized and can’t control by the government. Yes, bitcoin seems like a criminal activity, but if you are not doing some evil stuff, it means you a good person. Also, bitcoin has so many benefits you can earn a plenty of money through it; you can use it to buy some things on the internet and many more.

[emondot]

Bitcoin is not controlled by any agency or government.
Bitcoin using the Blockchain database is not controlled by a party, but is so open to the public that it is impossible for someone to forge transactions in Blockchain. All transactions are recorded live, transparent, and spread over millions of servers. Those who want to alter or falsify Bitcoin transaction data, must hack millions of servers at the same time.

[goodvibes05]

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


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

people uses engage into bitcoin because this is a good investment wherein we can earn good profit. Bitcoin can also help finacially when you earn money from bitcoin. We can also paybills, send money and other bitcoin transactions that can be made easy.

[emondot]

1. Continuous Price Fluctuations Increase, The higher the demand for goods with a limited amount, it will make the value (price) of the goods higher.
2. System Security Technology
BitCoin uses a blockchain system, where the system is not centered and interconnected with each other.
3. Unrestricted Banking And State, BitCoin is not the currency of a country, so the fluctuations will not affect the political issue.
4. It has been recognized by some countries
The use of BitCoin for transactions has even been recognized in some countries. It is not impossible that the whole world uses BitCoin because of its practicality and minimal transaction cost.

[jackky]

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


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

Bitcoin will help us deal with human-to-human swift transactions that we do not need to face directly to make transactions.

[LegGekkouga]

Eventually cryptocurrencies will take over the money transactions over the world that is because of the modernization of our world now is the time to start using bitcoin while it is still early so I think people should use bitcoin now while it is still early.

[snowwyjonny]

Bitcoin is widely use in some countries and it can ease the  transaction of money no need to convert it instead it can be use for payments/transaction itself. People should use it because it is uncomplicated method of paying and earning, thus it is accesibles on the internet.
It is good too to invest here in bitcoin.

[icreative998]

I think bitcoin is a high value currency and is run by blockchain technology. That will have two advantages. One is the optimal security of your property, no one can know how much bitcoin you own unless you tell someone. Two is the predicted bitcoin currency in the future will increase very strongly. If you invest bitcoin today, I guess you will be profitable from this. That is all i know about this issue, hope you consider this.

[lesya-ya]

Since most people seem to use bitcoin for saving or some sort of safe haven asset, it is only a matter of time before it finds itself being used as a de facto medium of exchange in communities around the world.

[Konco126]

I think, It's true that bitcoin is money in the future. But not everyone should use bitcoin. Remember bitcoin is digital money, not real money. There are still many people out there who still don't know or care about the development of bitcoin due to lack information in the internet world. There are even people who think that bitcoin is temporary.

[Suzan]

The reason people use bitcoin is: the payment process is faster, the transaction cost is cheaper even can be free, no chargebacks and the best thing is others will not know our payment transaction information. So far, that's all I know.

[GloriousDonkey52]

The reason people use bitcoin is: the payment process is faster, the transaction cost is cheaper even can be free, no chargebacks and the best thing is others will not know our payment transaction information. So far, that's all I know.

Right now, I don't think its a good idea to use bitcoin for payments. The price is very high and transaction is very slow. More like bitcoin is just for investment purposes right now.