Why some people prefer Bitcoin over fiat ?

[JerryJam]

Do not think that bitcoin can only be used for criminal purposes. Although this is a very convenient way to pay for illegal transactions. While engaged in illegal business, you can use cash. But this is less secure. To hide your income and evade taxes, the best way is bitcoin ..

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[Thardz07]

It depends on one if they use for a crime or for good purposes. People have a freewill if they use thier bitcoin to make a crime for a huge profits. They prefer to hold bitcoins because they earned money even if they hold it in a long time rather than a fiat money if you hold.

[hashshashin]

Now there is really a lot of news that bitcoin is used in the criminal world, as well as by terrorists, etc. This news is beneficial for many countries that want to take control of the market, crypto-currency and crypto-exchange markets. But I do not think that this will reduce criminal criminality.

[tempebacem]

In my opinion the difference between fiat money and Bitcoin is that on bitcoin when you exchange your fiat money with that money, you can assume that you are only investing your money. That's the difference. Fiat money can not add your own money but when in bitcoin, your money can increase more. 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.

[reymartH]

Because bitcoin does not require an intermediary like fiat, it can run itself on blockchain. The sender and receiver are the full holder of the bitcoin, plus the bitcoin security level is very strong.

[almaroof]

Fiat is controlled by currupt politicians and selfish capitalist

Btc is totally decentralized, i have no doubt its the future of money

[Gens09]

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 bet some people uses bitcoin rather than fiat for the bad intentions because when your money is in bitcoin the easy you can buy and pay things online like in a porn site,gambling and drug dealing. well in a positive way people uses bitcoin because less time consuming and more convenient to use than fiat.

[Rooster101]

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.

Those people who uses bitcoin for illegal purposes must be the ones that responsible for their own actions and not the cryptocurrency itself. If these kind of people prefer bitcoin because they can easily use it in their illegal activities, then they must eventually face the consequences of their action. Many people like bitcoin because they know the benefits of using it and that the reason why a lot of them bought or invested on it. Misusing the bitcoin might eventually lead to more government interventions because they will see the virtual currency as a threat to security and this will affect the bitcoin users.

[ArIMy11]

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.

Bitcoin is not made for doing or encouraging us to do bad things. Yes no doubt it is miuse of a currency. I am not surprised those things are only in online world because I heard a lot of news in tv about people who use their fiat in gambling, in buying drugs, and other bad things.

Me i prefer bitcoin over fiat in one side not for those bad things but because I can earn money through bitcoin while still studying. I can save money through it. I cam help my family and many many more.

[MarkusIsaiah]

In my opinion why some people prefer bitcoin over fiat because it is taxes free. Interms of transaction or paying some bill it is more easiest to use because you can use it while you are at home. Most of all the value or bitcoin is increasing. that's why soms people prefer bitcoin.

[Yantoaja]

I think fiat has a fairly large tax for a country when used as payment of a transaction
if so maybe people will choose the tax-free bitcoin and also apply in different countries also payment is quite easy ...

[jomarthegreat89]

Fiat is not for investing while Bitcoin is since it's an asset. Add some volatility in it and it's perfect for trading or speculators.

[Twentyonepaylots]

Because they find bitcoin more accessible and less hassle than fiat money, and besides one bitcoin is equivalent to alot of dollars, so it really gives less hassle for a lot of people.

[COCOMARTIN]

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.

Fiat money does not increase the price and that's the advantages of crypto currencies especially bitcoins. Because your $ 1 might be 3 $ a day, But it's also likely that it's falling but if you have a strategy you'll definitely make money here

[ardyology]

Simply because it's digital and decentralized! The mere that's it's not controlled by any entity and is distributed across the network says a lot about its system. Regulations are only for those who are afraid to hold no control over certain things. Bitcoin has a lot of benefits and I love that it could go beyond international monetary policies! Fiat, however is too overrated. I hope for the day to come that Bitcoin will neutralize fiat.

[yoseph]

It depends on one if they use for a crime or for good purposes. People have a freewill if they use thier bitcoin to make a crime for a huge profits. They prefer to hold bitcoins because they earned money even if they hold it in a long time rather than a fiat money if you hold.

Its mainly because of the investment opportunities involved, Everyone would want their money to grow by just buying a commodity and waiting it grow just like that. Thats why people prefer bitcoins to fiat. Others like criminals prefer it because it helps them to be anonymous and avoid being caught by the law enforcement agencies.

[jonosutio]

it is true some people like bitcoin compared with fiat, bitcoin will show its greatness in front of us. many use bitcoin or like bitcoin from fiat because of the highest bitcoin price, you are much bitcoin misuse but if we continue this discussion, then the topic is somewhat chaotic when the title is about bitcoin and fiat. more to improve ourselves how to use bitcoin correctly and do not get the error that we make ourselves

[R21]

Many of people prefer bitcoin over fiat currency because they can use bitcoin without any taxes. i don't agree with bitcoin abuses if you nothing to know about bitcoin use then you can say that! bitcoin is a currency but it's not like others fiat currency and not a paper money, it's a digital internet related money everyone can use it without any government taxes so most of peoples interested to bitcoin and many of people abuses their many ways for their own self-interest.

[freakingcat]

because sometimes it's better

[Julunguul]

because if we HOLD fiat, the asset will not increase, then now try if you hold the current bitcoin.
the asset will be able to rise, because bitcoin is a form of investment / asset that is highly recommended for us HOLD