Amilhussin24
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Merit: 11
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November 11, 2017, 07:03:38 AM |
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It depends on how people wanted to use it. if they wanted to use it in bad things of course they can we have a choices between bad and good, But when it comes the good image of the precious BTC? yes, people can judge, but they need to try it first before they judge it. of course there are lot of people used bitcoin for a living, they used to stay in a bitcoin currency over fiat money because of its ways on how to earn in a simple way.
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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wahyu5
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November 11, 2017, 09:45:23 AM |
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i think some people prefer bitcoin over fiat because for them bitcoins having good transaction systems and giving them tax free
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Kakawate
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November 11, 2017, 09:52:03 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.
This misuse that is happening around the world is getting larger and larger as time passes by, but, we cannot do anything about it, that is how bitcoin is, but the problem is not bitcoin, it is the users who uses the coin. Bitcoin has lots of help and is blessing to its users but some just tend to abuse the real use of bitcoin. Sad to say, but we cant do anything about it. |
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dns
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November 11, 2017, 10:59:05 AM |
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Fiat you can lose and someone stolen from you, but bitcoin is in blockchain so if you (keeping your private key) your asset in safe :-)
Also the future in digitas payments.
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Zorbak
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November 11, 2017, 11:00:55 AM |
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Why some people prefer bitcoin over fiat? I guess the question should be why some people prefer fiat over bitcoin?
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coinoberg
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Get your share of the future
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November 11, 2017, 11:04:51 AM |
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Why some people prefer bitcoin over fiat? I guess the question should be why some people prefer fiat over bitcoin?
Very smart way to look at the question. Definitely the right question should be why some people prefer fiat over bitcoin. |
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Crafts12
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November 11, 2017, 11:11:18 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.
I think the reason why people choose bitcoin rather than fiat because of bitcoin's capabilty that satisfies them. For example having an unstable price of bitcoin where they can earn a lot of profit. Another is its fast and easy transaction of money. There are some reasons why some people prefer bitcoin than fiat money but there are also some people who dont like to idea of bitcoin. |
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Lecam
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November 11, 2017, 11:15:41 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.
It's because bitcoin is convenient to use, it's easy to pay or send money through bitcoin compared when sending or paying with fiat money. Not just that bitcoin is convenient, it is also profitable because it's price is volatile, it can multiply multiple times depending on it's market demand. |
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bristlefront
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November 11, 2017, 11:38:02 AM |
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Bitcoin is more convenient than fiat money in many ways. It has more secure, fast, cheap transaction and it is used globally unlike fiat that needs to be converted to a specific type in a certain country in order to be useful. Also, no one controls bitcoin so there no freezing of money if someone has suspicious activities on it.
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Epimetheus
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Merit: 1000
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November 11, 2017, 11:41:14 AM |
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They are many reason behind this topic, some of the main reason are Bitcoin provide world best CryptoCurrency service. Fiat currency is one type of nation currency and it is value is only present on that country but internationally it is value less. In case of bitcoin this thing not happen. Bitcoin value not changes country to country. Fiat currency no longer represent gold deposit or other things of know market value. They are just accepted piece of paper. Their is a lot of trouble when exchange Fiat currency with any other currency but in case of bitcoin this thing doesn't make any trouble so this could be a reason.
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pavelv3
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November 13, 2017, 12:09:43 PM |
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The fact is that you can carry any volume of bitcoins in your wallet and on one would be aware about it and no 1 can rob you or steal your money which is generally the case with fiat money specially if you are carrying a greater amount.
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aizadelacruz99
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November 13, 2017, 02:01:11 PM |
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Because bitcoin is a high value now, especially when u invest .
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emmanborromeo67
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November 13, 2017, 02:26:06 PM |
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In relation to bitcoin, fiat and bitcoin were made to be used as a mode of payment. We cannot control how people will use their fiat and bitcoin.
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Faxmate
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November 13, 2017, 06:15:45 PM |
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I prefer Bitcoin over flat because it is much better if you will use it as investment, for gambling and for easier way to pay bills. yes for investment we all know that the price is not stable and during the course of time Bitcoin price keeps going up, for gambling because Bitcoin can help you gamble anywhere you want and pay your monthly bills without hassle, without falling in-line.
Actually bitcoin is going to provide a very good source of income for the people and it's price is also very high than any other currency because when you start trade, investing here so it can change your life and secondly it’s also very easy to carry bitcoin with yourself so there are a lot of more good qualities in bitcoin so I will prefer bitcoin. |
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melancoly
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November 13, 2017, 06:17:10 PM |
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Bitcoin has already created versatile criteria regarding use it, not only that it is being accepted in many sources. bitcoin has also gained huge value in recent years, especially in the recent few months. so there are a lot of reasons to choose Bitcoin rather than any other crypto currency.
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pavelv3
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November 14, 2017, 05:46:54 AM |
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Since bitcoin is less difficult also practical for use in the world wide web world. Several keep stores give our needs using bitcoin. Bitcoin can help save a little bit of cost, simply because tx charge is fairly small.
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peach56
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November 14, 2017, 09:44:09 AM |
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There a substantial number of elements that Bitcoin can bypass. Such as avoiding certain transaction charges and tax bubbles. Flat doesn't give these kind of parameters when using it on FX or on other digital financial markets.
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BlackRacerX
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November 14, 2017, 02:17:48 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.
Wait, haven't heard about fiat money? I heard you can use fiat money with porn, drugs, and gambling. What's fiat money, you say? It's the paper money everyone uses. See? There's no difference with bitcoins. Fiats are still used for bad things. Bitcoins aren't all about porn sites, drugs, and gambling. It's more of an accessible, reliable, and decentralized monetary system for everyone. For sure, people will prefer to use bitcoins because of its value and accessibility. |
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imking
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November 14, 2017, 02:49:04 PM |
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Some people prefer bitcoin more than fiat because the value of the bitcoin might be increasing or decreasing, and another reason bitcoin is a tax-free, and fast transaction, and a low free rate. That all
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Cangkeman Wae
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November 14, 2017, 02:57:46 PM |
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If used for transactions, of course bitcoin is better and easier to use than fiat, the main thing is that the use of bitcoin does not require proof of confirmation like transfer bank.
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