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Author Topic: Why some people prefer Bitcoin over fiat ?  (Read 58452 times)
patimahsunda
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December 05, 2017, 03:02:26 PM
 #1441

Maybe people choose bitcoin because of its decentralized nature. Bitcoin can be used anywhere and anytime. Bitcoin is also not taxable. Bitcoin is also not tied to the bank.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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Babarali
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December 05, 2017, 03:04:16 PM
 #1442

I can see Bitcoins being misused going forward
R21
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December 05, 2017, 03:10:57 PM
 #1443

Actually it's not problem of bitcoin growing! bitcoin is a digital currency you can use it anywhere easily. but bitcoin not responsible for it's misuse.
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December 05, 2017, 04:06:03 PM
 #1444

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.

Money is meant for spending, regardless, what it is being used for.
Some people prefer bitcoin because of the innovation and concept behind the currency, which is actually different from the usual fiat currency.

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December 06, 2017, 02:26:00 AM
 #1445

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 the value of bitcoin is still increasing so fast so some people prefer to hold bitcoin than fiat because they want to get more fiat money becuase if you have a lot of bitcoins you canconvert it into real money or fiat to buy anything that you want.
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December 06, 2017, 02:40:20 AM
 #1446

Why do some people prefer Bitcoin over fiat? I think it's more profitable to choose bitcoin than fiat, seeing the current high bitcoin price compared to choosing fiat that only high value items or more melunjak its price but fiat sediri remain the same as ever.
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December 06, 2017, 02:48:59 AM
 #1447

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 the value of bitcoin is still increasing so fast so some people prefer to hold bitcoin than fiat because they want to get more fiat money becuase if you have a lot of bitcoins you canconvert it into real money or fiat to buy anything that you want.
I agree on that i think people prefer bitcoin because they really see the advantages of bitcoin over fiat,fiat is just an ordinary money that has an stable price and normaly use to all payments.While in bitcoin we can really gain even on holding it for a long time which is not really happening in fiat because we cant gain on holding fiat.Bitcoin has an unstable pricw which make it verry exciting kinds of investm3nt and many people really want to ingage on it becase they really see thats theres  capability to earn.
nerverd99
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December 06, 2017, 02:53:23 AM
 #1448

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, many people will use Bitcoin in the same way like the fiat money or use it for another purpose.It depends on the people's intention
micleeiu398
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December 06, 2017, 12:19:13 PM
 #1449

I know bitcoin has great potentials and I also know that there are some bad user of bitcoin like any other currency. But my point is, those bad users are a lot in number. I have seen thousands of posts and comments regarding uses of bitcoin in  porn and gambling. You can find it in this forum with minimum effort too. And as bitcoin is not globally adopted, those users really play great impact on impression of btc, I guess majority of usage people get from bitcoin is only as an investment and for trading. then the second place is for payment and third with close rank is gambling. the rest are a relatively small in percentage.
The main reason behind the creation of Bitcoin was to provide millionaire with the facility of transacting large amount of money into any part of world at cheap rates within few seconds. Bitcoin has given what it was created for but with time it started to gain popularity and everyone wanted to have Bitcoin. Its price skyrocketed making it the best investment tool of the moment. Now everyone wants to have Bitcoin and it is the future of money.
youghten
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December 06, 2017, 02:11:34 PM
 #1450

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 back to users use not bitcoin people do bad things when they hide them id .

i see many projects with great technology
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December 06, 2017, 02:49:05 PM
 #1451

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 back to users use not bitcoin people do bad things when they hide them id .

i see many projects with great technology
the main thing is that there are people like you who are ready to use bitcoin for good purposes...I don't like abuse too, but such are the realities of the world, they will be abused always and everywhere and anything
f150
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December 06, 2017, 02:53:56 PM
 #1452

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.
Yes it is currently bitcoin increasingly popular, its users are also growing. but very unfortunate if they abuse bitcoin for negative things as you mentioned, yes it is up to those who use it we can not forbid it. But I also do not like bitcoin in use for negative things. Why do not they use bitcoin for positive things, if they use bitcoin for positive things, surely they will benefit.
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December 06, 2017, 03:04:53 PM
 #1453

Bitcoin is better than fial but i hope people will use bitcoin in good and will not misuse the beuty of this.
kakrotssj1
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December 06, 2017, 03:10:48 PM
 #1454

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.
Very well agreed! But the point is, even before there was BTC, people still did the same with fiat money. They used paper money to buy drugs and they paid online for porn site. It won't change any thing with how they use any kind of money. But keeping BTC out from all this stuff would be much better.
KathNips
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December 06, 2017, 03:13:14 PM
 #1455

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.

If I understand my research about bitcoin right it is really made for ease of digital transactions so those bad acts just use bitcoin to make payment of their goods and service more convenient for more people.
Rludd
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December 06, 2017, 03:19:29 PM
 #1456

The transaction in Bitcoins occurs almost instantly.
Bitcoin Network is Secure and very very strong, you control your coins and you keep them all at your disposal all the time. Removes the trust factor.
You pay a very small amount of fee for any transaction.
Bitcoin rates against fiat currencies worldwide fluctuates a lot and the profits (and losses) could be very dramatic very soon.
Bitcoin price factor are universal and it is same for anyone. Same for you and for anyone anywhere else in the world.
Bitcoin transactions are anonymous and there is no third party that can, in any way manipulate with your transaction.
Features like anonymity, security, control, faster transactions, availability, universal nature makes Bitcoin popular among people.
Bamel
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December 06, 2017, 03:19:41 PM
 #1457

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.
Konco126
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December 06, 2017, 03:21:34 PM
 #1458

Many people prefer bitcoin versus fiat, probably because bitcoin prices are higher than fiat. But unfortunately many people abuse this valuable bitcoin. I hope there is a solution that overcomes bitcoin misuse. Because the thing I fear with bitcoin misuse is bitcoin removed and damaging the younger generation.
XCANA
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December 06, 2017, 03:24:11 PM
 #1459

Op, people prefer Bitcoin over fait because Bitcoin appreciate in value as compared to fait currency maybe for reason been that fait currency is been control by the government and the demand cannot be any where ccompared to fait currency.

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December 06, 2017, 03:25:48 PM
 #1460

Because the value of fiat is very low now a days and it is very hard to earn but through bitcoins the value is increasing periodically and as the time goes by we can still earn more money because we can earn it through working on bounty campaigns.

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