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Author Topic: What Do You Use Bitcoins for?  (Read 1726 times)
logicbomb666
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February 20, 2013, 12:37:15 AM
 #21

I use bitcoins to help fuel my brain into more computer based projects.

I think snare rolls should be used as a currency.
crabel
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February 20, 2013, 02:12:37 AM
 #22

I use Bitcoin to hedge against inflation, especially as the news grumbles of currency wars. I am concerned about protracted devaluation of global currencies as a way of inflating away the debt problem. I do not trust politicians to act responsibly. I expect them to act in their interest and depending on who gave them campaign money is who they will support. The banks fund both parties equally well (US) so don't be fooled.
k22k
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February 20, 2013, 02:52:06 AM
 #23

I'm investing as well as encouraging friends and associates to start using them. I even start paying a couple of sub-contractors I use with bitcoins and they were delighted once they got their head around it.

And satoshidice, bloody satoshidice Sad Not good when you have some beers in you.
Chris911
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February 20, 2013, 03:04:56 AM
 #24

Looking to get Reddit Gold!
ed8t
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February 20, 2013, 07:37:29 AM
 #25

with bitcoin I try to understand how simple money operations can be Wink
mufa23
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February 20, 2013, 08:21:21 AM
 #26

Quote
What Do You Use Bitcoins for?
The future.

Positive rep with: pekv2, AzN1337c0d3r, Vince Torres, underworld07, Chimsley, omegaaf, Bogart, Gleason, SuperTramp, John K. and guitarplinker
stephwen
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February 20, 2013, 09:16:35 AM
 #27

I use bitcoins to avoid hoarding euros.
Same here, although I'm not transferring all of my € savings in BTC.
I have bought a few S.DICE shares, too.
Straatsoldaat
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February 20, 2013, 01:17:51 PM
 #28

Services an Silkroad..
mumung
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February 22, 2013, 02:35:51 AM
 #29

I use it to store some money.

I originally wanted it to use it for international
money transfers, to save some fees.
I actually never did it so far because it is too cumbersome, two
different exchanges on the ends, plus fees that aren't exactly cheap
All that hassle seem to make bitcoin fail for that purpose and seem to
highlight banks as institutions that charge about the same
or less and probably can do it even faster.
jonitas
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February 22, 2013, 03:10:48 AM
 #30

1) To protect some savings against inflation.
2) To transfer money to Brazil.
Lethn
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February 22, 2013, 03:44:13 AM
Last edit: February 22, 2013, 04:30:29 AM by Lethn
 #31

. Inflation is the main reason I'm using Bitcoin, there's no way in hell I'm going to let myself get screwed over by the baby boomer generation like so many before me

. Since it's in demand universally it's going to be amazing for travel, I'm saving up so I can go to places, I may even move out of the UK altogether at this rate

. Supporting stuff like Bitcoin pisses off governments and government loyalists, so I'm all for it

. The anonymous and open source nature of Bitcoin really does just make it wonderful I don't have to sign a stupid cheque to send it, I don't have to worry about practically hacking my way into my own bank account to get at my money, in fact I don't think I've looked at my bank account properly for a good few months now because it's such a pain to do so compared to Bitcoin, I also don't have to worry about everyone spying on what I'm doing

. Various other business things that are none of your business Wink Cheesy
knight22
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February 22, 2013, 04:29:25 AM
 #32

For all of the answers above  Grin

wyodude
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February 22, 2013, 04:40:38 AM
 #33

Here is my uses for Btc:

Paying my daughter for chores
Investing in other people's projects- BTCJAM.com
Landing to speculators- bitfinex.com
Paying for VPN
Shopping for gas, in walmart etc.- bitcurex.com
Donating to causes I support, not all accept Btc but there is more and more as time goes by.

This is just practical uses but I also see a big value in being part of the solution to the problem created by the current fractional reserve monetary system.
velacreations
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February 22, 2013, 04:51:59 AM
 #34

services and gambling

meteors2888
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February 22, 2013, 04:54:05 AM
 #35

I just store them Sad
greenFaces9
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February 22, 2013, 05:11:26 AM
 #36

Haven't got to use any BitCoins yet sadly
Anon136
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February 22, 2013, 10:54:06 AM
 #37

I use it to store some money.

I originally wanted it to use it for international
money transfers, to save some fees.
I actually never did it so far because it is too cumbersome, two
different exchanges on the ends, plus fees that aren't exactly cheap
All that hassle seem to make bitcoin fail for that purpose and seem to
highlight banks as institutions that charge about the same
or less and probably can do it even faster.


you just need to make arrangements before your trip. Also bitcoin is new, once it becomes even a little more established it will be the clear choice for international transfers.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
Logik
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February 22, 2013, 11:51:11 AM
 #38

So far I've used mine on Bitfunder/Btct. I like the idea of being able to invest small amounts of money really easy with BTC. Not like large 'real' stock exchanges with complicated account setup, large fees etc.

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mtrlt
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February 22, 2013, 12:44:24 PM
 #39

I have bitcoins in my pocket and feel good about it.
aesop
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February 22, 2013, 01:09:47 PM
 #40

Nothing yet, but I plan on paying for outsourcing using it.
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