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Author Topic: Why Bitcoin is better then fiat  (Read 1111 times)
venan
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February 11, 2016, 11:27:41 AM
 #21

for me, because it isnot controlled by government, i can earn any amount of bitcoins and they cannot take any % from me

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rikrikrik
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February 11, 2016, 11:46:39 AM
 #22

for me, because it isnot controlled by government, i can earn any amount of bitcoins and they cannot take any % from me

You probably hate healthcare ? Or disability programs

I sell small amounts of BTC for PayPal msg me for details and spot rate
venan
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February 11, 2016, 11:52:51 AM
 #23

for me, because it isnot controlled by government, i can earn any amount of bitcoins and they cannot take any % from me

You probably hate healthcare ? Or disability programs

what do you mean? i dont understand

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February 11, 2016, 12:02:15 PM
 #24

You think the government takes taxes because of what reason? You Think welfare pays for its self? If that's the main reason you like it for tax evasion then your as bad as the 1%ers

I sell small amounts of BTC for PayPal msg me for details and spot rate
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February 13, 2016, 03:30:49 AM
 #25

Even for fiat to get transferred certain percentage of the amount has to be given as commission(not transaction charge) and a intermediating firm is required. Such are not required in bitcoin for small as well large transaction

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February 13, 2016, 08:20:26 AM
 #26

Even for fiat to get transferred certain percentage of the amount has to be given as commission(not transaction charge) and a intermediating firm is required. Such are not required in bitcoin for small as well large transaction

But there are transactions fees for BTC

I sell small amounts of BTC for PayPal msg me for details and spot rate
Casmania
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February 14, 2016, 10:33:18 AM
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I think Bitcoin has limited supply. When you want to transfer money, you do not need a bank. You can do it yourself.

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February 14, 2016, 11:28:58 AM
 #28

Even for fiat to get transferred certain percentage of the amount has to be given as commission(not transaction charge) and a intermediating firm is required. Such are not required in bitcoin for small as well large transaction
But there are transactions fees for BTC
And on the long term these have to carry the whole mining infrastructure, which is at the current moment just absurd.
Expecting the mining aspect of BTC will loose some weight over the next following years.
The advantage stays on long distant transfers and perhaps bridging ideological systemical borders, where those still do apply.

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February 14, 2016, 11:33:45 AM
 #29

I think Bitcoin has limited supply. When you want to transfer money, you do not need a bank. You can do it yourself.

That's correct!Bitcoin will only have 21 million bitcoins at all.
Fiat money however can be easily inflated, which means that banks create more of it by fractional reserve lending and central banks by just printing more of it.And as we all know, the more of this fiat money is floating around the less purchasing power it will have.So the banks and governments are robbing you blind.

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February 14, 2016, 01:00:35 PM
 #30

Bitcoin is better than fiat for sure because Bitcoins give you the freedom to manage your finances on your own without having to leak your private information to others when it comes to purchasing anything anonymously...

Yes, it is obvious that you need to reveal your information when you are getting something shipped at your place, but still, you are paying it without getting this transaction seen by government officials, which seems to me the best thing about BTC...

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