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Author Topic: Why should people use Bitcoin?  (Read 122105 times)
Piggymonster
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March 15, 2018, 05:50:45 AM
 #3501

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


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




People should use bitcoin because it is one of the easiest way to quickly do international transfers and it is faster compared to other methods of payment as they only involve peer to peer and do not require authorization that is common with third parties. You have also the advantage of having total control of your transactions, therefore, you have complete freedom. The only disadvantage of using bitcoin is, it is easy to lose so you must be very careful while doing transactions. They can also be a form of investment because their value is continuously increasing.
pdutta
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March 16, 2018, 07:46:39 AM
 #3502

People should use bitcoin because it is more convenient to transfer money across the world with high security and good privacy and the transaction is done without the interference of a third party. we can say that bitcoin will be future currency.


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Romanlevi6886
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March 16, 2018, 08:03:29 AM
 #3503

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


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



I've read bitcoin has lots of advantages that other currencies may mot have. First it's more convenient in transaction. Next, it has a much lower transaction fee, almost no charge. And especially you can trade bitcoin anywhere just internet.
Yeahnoh
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March 16, 2018, 09:59:05 AM
 #3504

It's easy to use, transactions are easy. It's decentralized so it belongs to everybody and it belongs to nobody. Also you don't have to worry about going through third parties like banks to get your transactions done.

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genset88
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March 16, 2018, 10:52:47 AM
 #3505

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


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


Bitcoin, in my opinion, has high transaction costs and security, and profitability can also be said to be the best place for investors to enter the market. There are still many people choosing Bitcoin to invest because they have confidence.

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tintinbongs
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March 16, 2018, 11:13:02 AM
 #3506

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


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


People use bitcoin because it very easy and transaction is very fast.Bitcoin is more convinient to use if they are globally accepted  as mode of payment
welliamy
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March 16, 2018, 11:20:37 AM
 #3507

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


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



The bigger thing with bitcoin is not bitcoin itself,
But what does that decentralized technology really do
We have to stretch our imagination to infer what the intrinsic
Value of bitcoin.

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Nahid41
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March 16, 2018, 11:35:08 AM
 #3508

People  use Bitcoin because it's very easy to use.it is more convenient to transfer money across the world with high security and good privacy and the transaction.people can easy to earn.
Tiktik
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March 16, 2018, 11:39:51 AM
 #3509

It is vital for a smart entrepeneur or even a wise civilian to use bitcoin.
Not only because it a vastly gaining acceptance,
but also because more than a currency it is a kind of form of investment.
Now a days bitcoin it is also being used by many traders etc.
Also , as a matter of fact we all say that bitcoin is the future of money so it is essential for people to use bitcoin.
19nataliya12
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March 16, 2018, 11:41:28 AM
 #3510

It's fast
When you pay a check in another bank in your bank, most often your bank will keep money for several days to make sure that the funds are actually available. Similarly, international bank transfers can take more than one day.
Operations in bitcoins are much faster. So, transactions "with zero confirmation" pass instantly. At the same time, the receiving party assumes the risk of receiving a transfer that is not confirmed by the chain of blocks. Or, the transaction takes about ten minutes, if the payee is waiting for confirmation. In any case, this is many times faster than any interbank transfers.
MINHAJ_VI
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March 16, 2018, 11:41:47 AM
 #3511

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


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


If u want some then u have to use Money for that naturally.Btc would b a  more then valuable & fast exchangeable in future.After 2018 the value of it should b 30k$+.So, if u want to be a profitable man in future bye them now & hold lil longer.Will get ur reward after 2018👌
19nataliya12
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March 16, 2018, 11:42:25 AM
 #3512

It is cheap
You can easily parry the previous paragraph, pointing out that the credit cards are also transacted instantly. Well, it really is, but the payee (and, in some cases, you yourself) will pay this privilege in addition. Some sellers will also charge fees for transactions on debit cards, since they are forced to pay a commission for their execution. Transactions in bitcoins do not envisage commissions, and if provided, they are minimal.
19nataliya12
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March 16, 2018, 11:43:41 AM
 #3513

The government can not take it away
Do you remember what happened in March 2013 in Cyprus? The Central Bank wanted to collect all uninsured deposits exceeding $ 100,000 to raise capital, which caused serious unrest among the local population. Initially, it was planned to withdraw some of the deposits below this amount, thereby directly entering the family savings of citizens. With bitcoin, this can not happen, because The currency is decentralized, therefore only you can dispose of it. There are no controlling bodies, and banks can not take it from you. This is a big plus for those whose belief in the reliability of the banking system is weakening.
joymarker
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March 16, 2018, 11:59:13 AM
 #3514

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


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


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Amilhussin24
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March 16, 2018, 12:36:31 PM
Last edit: March 19, 2018, 11:40:41 PM by Amilhussin24
 #3515

People should used bitcoin because, it is more great than fiat currency by any means. Lets take a look the difference between fiat and bitcoin. Fiat currency is the money which is controlled by Government, you cannot own your own money, the Government always there at the middle in transactions you do. Bitcoin is free, you can have it by your own self without intermediary. Fiat currency takes long time in sending it to other countries, bitcoin is different it is fast and safe and almost free. Bitcoin is valuable, it has a limitted supply, almost Gold. There are so much beauty of bitcoin than fiat that people should used it the most.
Liamlion4945
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March 16, 2018, 12:44:48 PM
 #3516

There are many reasons why you should use bitcoin to trade. Such as fast transaction speed, cheap transaction fees, high security, no inflation case ... Although bitcoin still has some disadvantages, it generally gives you a lot of benefits if you use it for trading.
Mariela
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March 16, 2018, 12:58:10 PM
 #3517

I think they must use bitcoin.
Why?
For the generation today. Thru modern technology
Bitcoin is created for everybody who involved in modernized society. Who want to have earn extra income. And for future needs
zrock21
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March 16, 2018, 01:09:22 PM
 #3518

People should use bitcoin because you're spending your time worthy and making money instead of doing any criminalities just to earn money
fndsr
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March 16, 2018, 01:13:39 PM
 #3519

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


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


may also happen bitcoin is the future of money because we know that bitcoin develops based on technological advancements and times so it can also be the future of money later

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evonax
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March 16, 2018, 01:23:36 PM
 #3520

Bitcoin is actually an alternative, decentralized payment method. It is low-cost and almost instantaneous. There are some reasons why people should use Bitcoin instead of cash.

1. Bitcoin is the currency of today’s generation

Bitcoin is actually made for the today’s generation - “The Internet-Generation”. Now the generation of paying bills by using credit/debit cards or cash has gone. Bitcoin is very lower in fees as compared to any payment option. The best part of the Bitcoin is the transaction is very instant and it can be accessed through the dozens of bitcoin wallets. And above all unlike credit cards bitcoin offers a very secure transaction and saves you from any type of frauds or identity theft.


2. Fast, Secure transaction globally

There are no selected areas where you can use Bitcoin. You can use it globally or let’s just say wherever you go, to send value instantly or without any cost you can surely use Bitcoin. Without any bank or third party transfer, you can send as much value as you can and even it costs you just a few pennies.


3. Privacy plays a major role

If you want to understand the transaction privacy of bitcoins then let's take an example of Facebook. When you upload any pics on Facebook it asks for a privacy option like whether to post your pictures privately or publicly and the same thing happens in Bitcoins. The transaction history of Bitcoins can be searched by anyone but it depends on you whether you want to keep your transaction private or not.


4. Freedom of Finance

If you don’t have the bank account then also you are allowed to do the transaction. There is no specific rulebook for bitcoin. It's an open financial protocol.
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