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Author Topic: Why some people prefer Bitcoin over fiat ?  (Read 58452 times)
pantheraio
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March 31, 2018, 01:52:24 PM
 #1661

It's faster better and easier. You can make transactions take less then an hour anywhere in the world and you don't even have to give personal details away or have any bank account linked. Noone has to know what you doing or buying just like when you is cash noone can tell where that cash was last. I like the whole idea of Bitcoin and virtual payments.
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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GayOfThrones
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March 31, 2018, 06:01:55 PM
 #1662

I have now spent a year many hours a day on this forum and I didn't find discussions as the ones you've mentioned even once. Couldn't it have occurred to you just because you were looking exactly for these arguments?

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dgross0818
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March 31, 2018, 09:18:42 PM
 #1663

Some people prefer bitcoin over fiat because they are the users who are making payments through online they purchase things online and they pay for them online like online shopping malls are operating now who accepts bitcoin. The digital currency can be used everywhere in the world like in the developed countries. Some engineers make software’s and they are demanding in bitcoin.
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March 31, 2018, 09:39:18 PM
 #1664

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.
why do you see from the negative side only, I think all back again to the purpose of people who invest in it if the goal for a negative purpose I think the results are negative as well
Kita Kita
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March 31, 2018, 09:45:29 PM
 #1665

Bitcoin is widely adopted by online entrepreneurs as a means of payment, as they see opportunities and potentials in bitcoins. With bitcoin, many internet users will be able to enjoy cost-saving delivery facilities.
A lot of people now prefer bitcoin over fiat because bitcoin popularity us totally increasing and that's why a lot of people is trying to learn how to use bitcoin, and people now prefer bitcoin, because they realize that bitcoin can be the future of this world.

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Semaj123
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March 31, 2018, 10:03:56 PM
 #1666

Bitcoin is widely adopted by online entrepreneurs as a means of payment, as they see opportunities and potentials in bitcoins. With bitcoin, many internet users will be able to enjoy cost-saving delivery facilities.

Cryptocurrencies are now starting to spread globally due to its features which I think the reason why it is becoming more popular. It is being said before that is used for money laundering but this is just the same with fiat. By just ignoring that issue, Bitcoin is giving us hope to earn huge profit with just a matter of time. Moreover, people are now getting more interested as Bitcoin is becoming more legal in some countries.
rainezerr401
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March 31, 2018, 10:05:43 PM
 #1667

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 good for long term investment because of the market's volatility and that is the reason why people is keep on investing, more and more people will still go back to the market every time the growth in price of bitcoin is currently being advertise on different social media's.
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March 31, 2018, 10:15:59 PM
 #1668

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.
Its abuse of bitcoin  and its depends on bitcoin user.Nowdays bitcoin uses are many ways like as online payment,hire freelancers,trading plartform or some ecomerce site.But some people use it porn, gambling and drugs .We know that every object have two parts 1.negative 2.positive so its depends on user and he make decession which is the best .

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Arlibtchunt2018
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March 31, 2018, 10:31:49 PM
 #1669

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.

Exactly, I heard it a couple of times that BTC is used on some illegal transactions which does not serves btc purpose. I think that btc would have a threat because of some individuals using btc as a tool for black market. Although this innovation from FIAT to Digital Currency is one of the best development in market world but when it comes to world security issue then it won't be too long that the larger country would act about it.

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rxtwo
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March 31, 2018, 10:58:11 PM
 #1670

Its because bitcoin is anonymous .So it makes really easy for a person to hide his black money.Government wont be able to find anyone's money.So person using bitcoin will escape from taxes. Again for transfering money from one part of the world to another , all systems including banks and paypal require a large amount of processing fee ,but bitcoins requires only less amount that too no one can trace your transfer. So definitely people prefer bitcoins over fiat for all these things.
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March 31, 2018, 11:31:20 PM
 #1671

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.
valentinen39
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March 31, 2018, 11:32:44 PM
 #1672

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 also prefer cryptocurrency more than fiat because investing on bitcoins today is very profitable and if you are smart enough to determine on when the market price will decrease or increase then there is no doubt that you will get rich immediately within just a few months.
glongsword
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March 31, 2018, 11:45:39 PM
 #1673

Bitcoin manages to have 0% risk & it is time consuming too.Anyone can trust it because users and holders are the only controller of bitcoin.So they can easily use it..Hence some people prefer bitcoin over fiat.
alex M
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March 31, 2018, 11:48:16 PM
 #1674

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.
They prefer btc than fiat because fiat can only be use in gambling. But btc has all the options and can be use anytime and any place to buy their needs. For me btc is made for the good of the people who uses and invested on it. Any misuse of btc or used in doing criminality, btc is not liable for that. Btc is only a  currency and any currency can be use in doing criminality like money.
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March 31, 2018, 11:54:34 PM
 #1675

They choose bitcoin than a fiat because fiat can be use in gambling like bitcoin has many purposes.It can buy as long as you can.Bitcoin has no risk.Only the users and the holders can control btc.Therefore people choose bitcoin than a fiat.
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April 01, 2018, 06:58:52 AM
 #1676


Bitcoin seems to be the quickest way for some people to make money. 2017 Bitcoin has a 700% increase. It can be said that the return rate in the investment field is quite high, and investment in Bitcoin does not require paying any tax, but I think you What is said is that your title is not related. Bitcoin is used by criminals. This is something we cannot control!
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April 02, 2018, 03:14:25 AM
 #1677

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.
anzhanbei1214068
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April 02, 2018, 03:25:48 AM
 #1678

The existing virtual currency is, in fact, bitcoin, giving people the opportunity to transfer money and trade with international businesses and customers. For some study abroad students, using BTC for convenient, whether transfer money abroad or transfer money from abroad to come in is very convenient, compared with the banking details for examination and approval, they prefer to use BTC.
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April 02, 2018, 03:43:35 AM
 #1679

I truly believe in bitcoins. I believe it is the future of finance and it will forever change how we use money. However, I would say that bitcoins is just a jump off point of sorts and I think governments will just adopt the concepts and frameworks it has laid down. What will happen is that governments will ditch physical paper money and coins and go with cryptocurrency in their own way.
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April 02, 2018, 04:31:20 AM
 #1680

People prefer bitcoin because of the convenience it gives them upon earning it. Imagine yourself earning good amount of money but you are not pressured everyday to go on a regular work everyday. You don't have to act like a robot, having a strict schedule so you do good at work and etc. Earning bitcoin can be done at home, with regular clothes and with your free time. Of course, you also have to manage your time doing bitcoin and life activities at the same time but as I have said, it will not require that much. It also gives convenience when it comes to payment transactions. It is like carrying a wallet ( a bank, if you have lots of money in it  Smiley ) on your pocket without worrying that people will know.

Another good thing about bitcoin is it volatility. If I will be comparing it to our currency, there is a bigger chance for me to get rich in investing on bitcoin than investing on our currency. I am the one in control of how will I be earning a profit than depositing in banks who have fixed rates of interest.

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