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September 24, 2017, 11:36:05 PM |
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Only people residing in urban areas can use bitcoin because of the major reason that it needs internet. So those who are still in rural areas can't access any digital currency. Like here in our country, few people knew about bitcoin and even they already know they are not interested because they think that this is gambling.
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anklas
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September 25, 2017, 12:52:18 AM |
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Some people prefer to use bitcoin over fiat because some thinks that is easier to use specially in online teansactions but if you will buy something in department store or groceries it is not practical to use bitcoin unless if we do have bitxoin atm cards. And bitcoin should not use in the purpose of gambling and going to the porn site.
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AjithBtc
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September 25, 2017, 12:57:48 AM |
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Bitcoin is accepted in very small scale compared to that of the fiat, some people give much importance to it as an asset that have the potential to multiply the investment amount just on holding. Also it has the accessibility to get converted to any traditional currency form. This makes people prioritize bitcoin over cash.
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Wong Gendheng
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September 25, 2017, 01:57:54 AM |
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I think because bitcoin is more profitable, the main thing that I consider when choosing bitcoin is hope one day can get profit if we saving money in banks.
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8Habits
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September 25, 2017, 03:51:42 PM |
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Bitcoin is accepted in very small scale compared to that of the fiat, some people give much importance to it as an asset that have the potential to multiply the investment amount just on holding. Also it has the accessibility to get converted to any traditional currency form. This makes people prioritize bitcoin over cash.
holding bitcoin was already a proven way to earn with it. however, if you want to earn and accumulate more bitcoin in a much faster manner, better invest some time learning how to trade in cryptocurrencies. |
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RautK
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September 25, 2017, 04:02:15 PM |
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Bitcoin is being used widely in porn sites, gambling and drug dealing sectors. Is that why the btc made for ? I have seen a lot of members in this forum discussing about buying drugs, gambling and enjoying porn with bitcoin. Is not it a misuse of a currency ? Block chain tech is a awesome tech and btc is getting popular. I hate these misuses of precious btc. It hurts me. This will lead into unhealthy society along with unhealthy future generation.
My reasons are different.. 1. bitcoin's supply is limited and in theory if will not suffer inflation 2. It is not fiat.. I don't like the banks that much. If there was an alternative I would take it and this is one 3. I've noticed that the buying power of BTC generally tends to increase i:e against the fiat About the misuse .... PPl with habit will find a way.. fiat, BTC, Monero .. They use cryptos because they think it cannot be traced .. but that depends.. I agree that the misuse does undermine the value and the perception of the entire community.. |
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dinda22
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September 25, 2017, 04:05:53 PM |
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I think because bitcoin is more profitable, the main thing that I consider when choosing bitcoin is hope one day can get profit if we saving money in banks.
thats right, just by holding bitcoin, our money will continue to increase, while saving money in the bank even our money will continue to be reduced. so why some people prefer bitcoin, because yeah it is very profitable. |
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micher143
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September 25, 2017, 04:40:27 PM |
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Some people prefer bitcoin over fiat because on some places bitcoin is tax free. I guess it's not bad to use bitcoin for something as long as you're not breaking any law/rules from your place. There's much more misuses of btc but if we continue this discussion it's getting kinda off topic when the title is about bitcoin and fiat.
Bitcoin is a form of crypto-currency which is a good thing for investments and trading. People wants to deal with investments and trading in order for them to gain profit and income in the future. So the best thing do I to continue our support to Bitcoin by continuing on using it in transaction, investment or even in trading. |
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Sasha Grey
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September 25, 2017, 05:11:15 PM |
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bitcoin is easier to use for online transactions and receives or sends money worldwide than fiat money that depends on the bank, so people will choose bitcoin than fiat.
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kerjakuat
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September 25, 2017, 05:18:05 PM |
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bitcoin is easier to use for online transactions and receives or sends money worldwide than fiat money that depends on the bank, so people will choose bitcoin than fiat.
Without fiat your country will be nothing. no fiat no money to buy bitcoin. i threat bitcoin as an asset only. when i need i sell it. when price drop i also sell it. for me its a good investment then fiat. You just need be patient and always be alert.that all |
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julius caesar
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★Bitvest.io★ Play Plinko or Invest!
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September 25, 2017, 11:36:16 PM |
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There can be certain restrictions that only bitcoin can bypass. For example, in many countries, underage people can't open bank accounts to their name without parental consent. Bit more importantly, entire countries are limited by things like capital controls, like here in Greece.
I think so but for me people prefer bitcoin over fiat cause it is notthat really hard to earn here a as long as you can join campaigns it will be possible for you to earn , unpike in fiat you must be consistent worker of some estate in a certain field to become more profitable and it take years for your salary to boost , unlike in bitcoin as long you can be profitable in your own hands you can be. |
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Cyberczar
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September 26, 2017, 12:20:32 AM |
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Every good invention may have a down side. Even if it doesn't, people have a way of inventing evil and these are the people who will debase the good in the project. Bitcoin is a good concept and most users utilize it for the right reasons.
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Crypto and blockchain writing service
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8Habits
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September 26, 2017, 12:50:24 AM |
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Every good invention may have a down side. Even if it doesn't, people have a way of inventing evil and these are the people who will debase the good in the project. Bitcoin is a good concept and most users utilize it for the right reasons.
you are right mate. also, it is hard to put down a good project especially if there are number of people using, investing, and loving it. those people that want bitcoin down badly may have some personal agenda of buying bitcoin when it goes down. |
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josephpogi
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September 26, 2017, 12:51:09 AM |
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Bitcoin is being used widely in porn sites, gambling and drug dealing sectors. Is that why the btc made for ? I have seen a lot of members in this forum discussing about buying drugs, gambling and enjoying porn with bitcoin. Is not it a misuse of a currency ? Block chain tech is a awesome tech and btc is getting popular. I hate these misuses of precious btc. It hurts me. This will lead into unhealthy society along with unhealthy future generation.
Yeah . i think people prefer bitcoin over fiat becuase the bitcoin is not unlimet so thats why they will earn a lot and then they are convert it into a real money becuase they scared if the bitcoin became banned in their country . |
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ariyaromadhona96
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September 26, 2017, 01:15:36 AM |
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Bitcoin is being used widely in porn sites, gambling and drug dealing sectors. Is that why the btc made for ? I have seen a lot of members in this forum discussing about buying drugs, gambling and enjoying porn with bitcoin. Is not it a misuse of a currency ? Block chain tech is a awesome tech and btc is getting popular. I hate these misuses of precious btc. It hurts me. This will lead into unhealthy society along with unhealthy future generation.
and Bitcoin has a great opportunity for politican to money laundering their money from corruption, because it has a anonimity feature , the anonimity feature i think being the great reason why some people chose Bitcoin over fiat. |
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Kim Domingo
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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September 26, 2017, 01:21:42 AM |
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Bitcoin is being used widely in porn sites, gambling and drug dealing sectors. Is that why the btc made for ? I have seen a lot of members in this forum discussing about buying drugs, gambling and enjoying porn with bitcoin. Is not it a misuse of a currency ? Block chain tech is a awesome tech and btc is getting popular. I hate these misuses of precious btc. It hurts me. This will lead into unhealthy society along with unhealthy future generation.
Actually no. Bitcoin was not made for online vices like pornographic sites because cryptocurrency like bitcoin was an innovated form of the real money which was traditionally use by us people. It just so happen that other people are abusing the online usage of bitcoin by purchasing or locking it into vices related to online usage. Bitcoin tend to make everyone lives comfortable because it makes use of providing an income online and make transactions fast as it can be. |
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Simone18
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September 26, 2017, 01:37:52 AM |
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The main reason many people prefers bitcoin over fiat is decentralization and the privacy features of bitcoin. For me i like bitcoin more specially when dealing online transactions its very convenient though their are some minimal fee but at least its hassle fee. Here in my country we have this app called coins where we can store our bitcoins and we can easily convert it to our local currency if we need money for emergency use then we can transfer it to our bank. We can also pay bills,book hotels,and buy prepaid load for our mobile using the app. And lastly I believe we can easily get rich through bitcoin than fiat thats one of the advantages of bitcoin in my own opinion.
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Mr. Legendaris
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September 26, 2017, 01:47:35 AM |
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The main reason is certainly more practical, we all know that bitcoin is easier to use for online transactions compared to bank transfers, besides bitcoin also become the hope of future investment.
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nkarm1
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September 26, 2017, 01:49:23 AM |
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Bitcoin is being used widely in porn sites, gambling and drug dealing sectors. Is that why the btc made for ? I have seen a lot of members in this forum discussing about buying drugs, gambling and enjoying porn with bitcoin. Is not it a misuse of a currency ? Block chain tech is a awesome tech and btc is getting popular. I hate these misuses of precious btc. It hurts me. This will lead into unhealthy society along with unhealthy future generation.
Because of what bitcoin can bring us in terms of availability of your funds as long as you have internet connection, convenience of bringing more bitcoins everywhere within your phone instead of bringing a bag of money, growth of your money by just holding bitcoin instead of putting it in banks, and specially the opportunities that bitcoin can bring for you are so wide. Even everybody will pick bitcoin over fiat if they have appreciated those things said above. For the misused bitcoins, i don't think that Satoshi really made bitcoins for the criminals. So as the government they made fiat not for criminals. Both are being mishandled by bad guys and I can't really understand why bitcoin was the only one judged? Terrorist, drug dealers, corrupt peoples also used fiat on their bad activities. We are living in an unhealthy society for a long time right before bitcoin was made. So it's not the bitcoin which has the problem, it is those people who are misusers of both currencies. |
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8Habits
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September 26, 2017, 10:29:15 AM |
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The main reason is certainly more practical, we all know that bitcoin is easier to use for online transactions compared to bank transfers, besides bitcoin also become the hope of future investment.
you are correct there.. bitcoin, being a limited resources, offers a good value versus like the fiat money where the government has really no limit of producing it and so inflation happens.. With bitcoin, it won't happen because it will stop producing once it reaches its max cap. |
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