Why some people prefer Bitcoin over fiat ?

[FLoving]

Bitcoin has a lot of features and because of that features people from every field are getting benefits from bitcoin so they prefer bitcoin over fiat. For example the gamblers do not need to show their identity so they use only bitcoin for their uses.

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[eternalgloom]

atm. only believers prefer Bitcoin over fiat. Who see the big opportunity that bitcoin can be.

The big problem with bitcoin right now is, that you can pay with it everywhere or take money from atm here in germany.

But i believe that bitcoin will be a very big player in the future.

Definitely not true, I think if all people of Venezuela had the option, they'd prefer Bitcoin over their fiat since their fiat is worthless.
Your statement would have been true around 1 or 2 years ago :p

[rababo]

I think it's main reason is bitcoin advantages. Bitcoin is secure, fast transactions, has low fees. We also can buy stuff and pay our bills with bitcoin. That makes our daily chores easier.
Furthermore, bitcoin can be earned in free way, like do signature campaign, services, gambling, etc. And it can be use for trading and investment to gain profit.

[The_Dark_Knight]

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.

Some people just prefer bitcoin over fiat simply because it is way easier to get bitcoin and to earn it the real money, from my own experience I have tried to earn some cash from the internet but with no luck.

Until I found out about bitcoin, it is true that I cannot live without fiat because it is what the world is used to , but using bitcoin is a much profitable than using my local fiat.

I don't think earning bitcoin is easier than fiat, I think what happens is there are a lot of restrictions to earn fiat that simply don't exist in the bitcoin world, if you want to earn fiat  you will probably need a paypal account and you will need to verify your identity at some point to paypal and whatever website you are using to earn money, in bitcoin there is nothing like that.

Yes restrictions are there it will take some time to verify, but it's safe money. We can use that money easily no one will ask any question. But Bitcoin transaction is very tough you can not make any legal transaction through bitcoin. It's not possible. Yes, people are using this bitcoin for an illegal purpose, but this bitcoin become very popular because of this illegal activity(gambling).

The legality of gambling depends on the laws of a country, those laws differ from country to country so we cannot generalize about the status of gambling through the world. And second where you got the idea that making a bitcoin transaction is illegal? If you think that then, why you are part of a paid signature campaign that will eventually need to use a transaction to send bitcoin to you?

[raaajlucky]

atm. only believers prefer Bitcoin over fiat. Who see the big opportunity that bitcoin can be.

The big problem with bitcoin right now is, that you can pay with it everywhere or take money from atm here in germany.

But i believe that bitcoin will be a very big player in the future.

Yup now in some countries people are getting bitcoin atm card, and they are withdrawing money from atm. I don't know how much they charge per transaction. But this is good for bitcoin users they no need to provide any documents to withdraw their money. In my country we don't have this facility, I think in future it may come. Till that, i will prefer fiat currency.

[burner2014]

There are lot of reasons why some people prefer bitcoin over fiat.
 For example buying goods/commodities online in which they requires you to enter your secret information or credit card information which is too risky,  bitcoin transactions, however, don’t require you to give up any secret information.

[KennyR]

There are lot of reasons why some people prefer bitcoin over fiat.
 For example buying goods/commodities online in which they requires you to enter your secret information or credit card information which is too risky,  bitcoin transactions, however, don’t require you to give up any secret information.

Right now only very few are using bitcoin for online purchase and for related needs. In my view most were giving preference as a investment as its the only currency that grows in value though its not invested anywhere, just held on hands.

[TheTaskMaster]

Bitcoin has a lot of features and because of that features people from every field are getting benefits from bitcoin so they prefer bitcoin over fiat. For example the gamblers do not need to show their identity so they use only bitcoin for their uses.

yeah and also if government use bitcoin they can not steal money because people will look up the address Another Example.

[noictib]

Bitcoin has a lot of features and because of that features people from every field are getting benefits from bitcoin so they prefer bitcoin over fiat. For example the gamblers do not need to show their identity so they use only bitcoin for their uses.

yeah and also if government use bitcoin they can not steal money because people will look up the address Another Example.

It is not a fact of stealing like things .
Actually whole the market is based upon the Bitcoin . And many of them are making money from Bitcoin , So they prefer to make money from Bitcoin instead of fiat use .
Secondly most of the people are In control of fiat and every country has different fiat , So to remove the fiat difference Bitcoin making uniform market .

[SHAWN-MIDWAYS]

The number one reason for most of us preferring bitcoin to fiat will be anonymity, secondly btc has opened new doors for people to earn money from it through trading and thirdly  the low transaction fees.

[sunsilk]

The number one reason for most of us preferring bitcoin to fiat will be anonymity and secondly btc has opened new doors for people to earn money from it through trading and obviously the low transaction fees

You said it right and also there are people who are seeing good future for bitcoin that's why they prefer to choose it.

And just like a payment center that can remit money to other parts of the world, bitcoin is making it simpler and cheaper upon using.

That's why many now are referring to bitcoin upon remittance, they are converting their fiat to bitcoin to save a lot of money.

[Sithara007]

Those living in countries such as Zimbabwe and Venezuela has a reason to use Bitcoin, as it is more stable than the local currency. Others like me, use Bitcoins for its advantages such as anonymity and ease of use.

[marshallbro]

people prefer bitcoins over fiat because bitcoins price is increasing day by day and it is become a digital cryptocurrency all over the globe and the fiat is fixed .that's y people like bitcoins and use it on a daily basis.

[YuginKadoya]

people prefer bitcoins over fiat because bitcoins price is increasing day by day and it is become a digital cryptocurrency all over the globe and the fiat is fixed .that's y people like bitcoins and use it on a daily basis.

You can say that again, and I think fiat value are depleting over the years, products prices are always getting high instead of getting a rollback but if a person would know bitcoin that has an incredible price over fiat they would surely prefer this currency more than anything and as we can see bitcoin has taken a step up again!

[grandy]

The number one reason for most of us preferring bitcoin to fiat will be anonymity and secondly btc has opened new doors for people to earn money from it through trading and obviously the low transaction fees

to me i think the main reason is that they know about the importance of bitcoin, i thin bitcoin can be used so easily therefore they are proffering bitcoin instead of fiat.

[uneng]

people prefer bitcoins over fiat because bitcoins price is increasing day by day and it is become a digital cryptocurrency all over the globe and the fiat is fixed .that's y people like bitcoins and use it on a daily basis.

You can say that again, and I think fiat value are depleting over the years, products prices are always getting high instead of getting a rollback but if a person would know bitcoin that has an incredible price over fiat they would surely prefer this currency more than anything and as we can see bitcoin has taken a step up again!

One of the main reasons to people prefer bitcoin is that you said. The products prices in fiat are becoming more expensive all the time, especially in poor countries. With bitcoins we can buy the same product, but much cheaper.
And we have a currency - btc - more valuable even more, different from our fiat that is becoming worthless even more.

[Wandering Soul~]

people prefer bitcoins over fiat because bitcoins price is increasing day by day and it is become a digital cryptocurrency all over the globe and the fiat is fixed .that's y people like bitcoins and use it on a daily basis.

You can say that again, and I think fiat value are depleting over the years, products prices are always getting high instead of getting a rollback but if a person would know bitcoin that has an incredible price over fiat they would surely prefer this currency more than anything and as we can see bitcoin has taken a step up again!

One of the main reasons to people prefer bitcoin is that you said. The products prices in fiat are becoming more expensive all the time, especially in poor countries. With bitcoins we can buy the same product, but much cheaper.
And we have a currency - btc - more valuable even more, different from our fiat that is becoming worthless even more.

You can only buy products with bitcoin that is cheaper than the actual price if you have bought your bitcoin or have  it before its price increases . If not you are just converting your bitcoin to its value in fiat, Overall they have the same price . The main reason why people are coming for bitcoin is that its price increases

Fiat doesn't really have an intrinsic value cause it has no physical content like gold or silver but it has an exchange value which the government grants, Without it yes it is worthless . Same as bitcoin it has an exchange value cause people are willing to exchange it for something and recognized as currency by many people .

[malekbaba]

people expect good outcome from bitcoin. But the truth is, BTC is unpredictable. Even on 2014-2015, I bought BTC @ $250. Today in polo, btc is being traded at almost $950. And I think, there are a lot of day dreamer. In 2017, ATH is very much possible due to those BTC enthusiast. I feel sorry for my mistake. I sold all my btc at low price and also lost most of my btc in alt trading. Only BTC is real.   

[Tanic]

I would say that some of bitcoin users prefer to use bitcoin over fiat. That's would be more correct. I think it's happening cause of today's world moved on the Internet. Everything is providing through the internet now and bitcoin is created to be used like that.

[topesis]

It is simple, Bitcoin is  now seen as an investment that will grow in value with time unlike Fiat money that inflation will rob you of its value with time