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Author Topic: Why some people prefer Bitcoin over fiat ?  (Read 58452 times)
alonrono
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January 30, 2018, 10:47:35 AM
 #1641

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 in that way every person control his money and no one else can tell him what to do and when to do it.
Also transfer of Bitcoin is a lot faster then by  calling the bank and tell them to transfer money.
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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ingo49
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January 30, 2018, 12:50:05 PM
 #1642

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 a lot of people like the privacy of the Bitcoin and other alts like dash and monero.
Also it more easy to transfer Bitcoin then money in the bank
Arisgado
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March 27, 2018, 11:00:01 PM
 #1643

We don't need to compare bitcoin with fiat money, because 99% of people would choose the fiat money over bitcoin. As far we know, 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 investing here it can change your life.
ludmilawolff
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March 30, 2018, 06:43:24 PM
 #1644

Other people prefer bitcoin over fiat because they invest in bitcoin and wanted to improve  their investment. Bitcoin grows daily and anonymous thats why some people use bitcoin over fiat. While fiat is used to buy goods and services. But still  option to choose savings bitcoin than fiat.
Michellekking
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March 30, 2018, 06:47:30 PM
 #1645

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 the anonymity and decentralization of bitcoin, some criminals like to use bitcoin as a means of payment, so they won't know who is using bitcoin for crime. Now, as a way of investing, many people invest in bitcoin, and they gain a lot of money.
phpartisanmaster
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March 30, 2018, 07:03:47 PM
 #1646

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 does not have growth on the price while bitcoins has a cryptocurrency market which makes it value increase over time, even if you place your money on the banks, still you cannot get a huge amount of profit because the scale of increase is very low.
seattlenonsmoker
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March 30, 2018, 11:09:27 PM
 #1647

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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March 30, 2018, 11:36:13 PM
 #1648

well because bitcoin gives such minimal hassle to people rather than fiat, because bitcoin just stays in your account and the transactions are also less hassle because you can do it in your phone or computer, eliminating the need for falling in line just to pay some bills.
Wish 107.5
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March 30, 2018, 11:41:26 PM
 #1649

Bitcoin gives financial power to people, rebuild free market capital. It is easy to trade or send than fiat currency. It has more appreciation than fiat currency.
I agree to all the facts that you said. Indeed, there are many reasons why people prefer Bitcoin over fiat money, one of it is there's no involvement of the government officials, thus there's no taxes involved.
semutracing
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March 31, 2018, 12:03:57 AM
 #1650

everyone chooses bitcoin or fiat they have their own reasons so decided to invest in bitcoin instead of fiat, I think many people are interested in bitcoin and investing there because bitcoin has an advantage in comparison with fiat

I hope bitcoin will be accepted by other governments where so everyone can benefit by this fact having less money transfer fees and all about the excess currency of this crypto. That's what causes bitcoin to be preferred to most people here.
LuciferEveningStar
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March 31, 2018, 12:08:25 AM
 #1651

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 really profitable in different variations, you can invest and become a trader on the market or build your own mining hardware then earn cryptocurrency passively. You can also work on bounty campaigns to earn altcoins and convert it to bitcoins.
Arlette Foxsparkle
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March 31, 2018, 12:18:02 AM
 #1652

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 is really hurts if this is really happened. Anything in this world when you use to bad things it is the greatest catastrophe. Bitcoin are created not for evil dids instead it is maked for the needs of our generation. I think some people used bitcoin because it is popular for this days they manipulate our society using bitcoin. For that issues of using bitcoin in evil it leads to corruption and used in political ways. And I think your right this tends to unhealthy future generation.

Arisgado
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March 31, 2018, 01:28:38 AM
 #1653

I guess the purpose of people choosing bitcoin is certainly for business such as trading and investment. Having freedom in using bitcoin is quite very powerful. Our lives dramatically change, the way we live in and the way we make friends. Therefore bitcoin is still the best.
alicebrac
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March 31, 2018, 05:47:17 AM
 #1654

The more you earned it the more you enjoy the benifits , definitely the fastest way without any hussle to anyone.Likely all are anonymous users and most are using bitcoin over fiat.Much better to earned more bitcoins as of today it really marks up to its high value,hopefully.
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March 31, 2018, 06:00:04 AM
 #1655

Some people prefer bitcoin over fiat because of its easy accessibility, where ever  you are, and what time is it if you have internet you can use bitcoin to buy your needs.
Piggymonster
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March 31, 2018, 07:20:44 AM
 #1656

The fact that bitcoin is decentralized and can be sent  anywhere in the world to any where else in the world and its fast and cheap, no wonder some people preferred bitcoin over fiat currency. There is a possibility also that it can be used in any illegal activities because it is untraceable and the government doesn't have any control over it.
melliana
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March 31, 2018, 07:30:02 AM
 #1657

Investing in bitcoin offers a greater advantage than fiat. Also anonymous transactions that make people more interested. Something is created with and for a good cause. Wherever we are there must be someone who abuses something. especially in the cyber world, the more likely it is. I also disagree if bitcoin is used for negative things. Besides will lead to unhealthy society, it will also damage the bitcoin value.
will777
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March 31, 2018, 11:24:20 AM
 #1658

that is right to say that those people who know about the importance of bitcon and they use online services for buying and selling purpose then these people are giving preference to bitcoin, but i think in future all the people who have access to internet will start using bitcoin as currency and specially for online shopping.
eifer0910
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March 31, 2018, 11:42:31 AM
 #1659

I think so many people prefer using bitcoin over fiat because in bitcoin you can access so many things especially those in online thing like online transaction easily, you can buy things and pay bills just easily. You can do some businesses using bitcoin without using true money and not exposing it to so many people that can make interest on it.

echo11
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March 31, 2018, 01:04:16 PM
 #1660

Simple, they use bitcoin over fiat because it easy to transfer money online via blockchain. Gambling and watching porn is not new to everyone. But bitcoin payment for drugs? I think we have to get rid drugs in our society because we all know that drugs can kill people and it is bad for our health.
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