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Author Topic: Why some people prefer Bitcoin over fiat ?  (Read 58453 times)
Noore Najjar
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July 16, 2017, 04:45:51 PM
 #681

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 dont think so , i personally never seen user that using bitcoin for bad purpose , mostly people using it for buying stuff online , buy games on steam and maybe investing or trading , but its only few people use it for bad purposes , probably what you referring for buying drugs , porn etc is from dark web because bitcoin is the only main currency there

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July 16, 2017, 04:49:05 PM
 #682

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 dont think so , i personally never seen user that using bitcoin for bad purpose , mostly people using it for buying stuff online , buy games on steam and maybe investing or trading , but its only few people use it for bad purposes , probably what you referring for buying drugs , porn etc is from dark web because bitcoin is the only main currency there

Everyone sees what he wants to see. For example, I see what bitcoin is used for investment and profit. Bitcoin is a great way to make money. And you can use any currency for "bad" purposes, not just bitcoin
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July 16, 2017, 05:04:59 PM
 #683

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 better than fiat in many respects. Besides, some places Bitcoin is not taxed, and fiat is.
Not all Bit users are bad, only some people abuse its nature to do illegal things, so more Bitcoin users than fiat.

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July 16, 2017, 05:45:12 PM
 #684

People prefer to use bitcoin over fiat to take advantage of the investment opportunity it offers
and it helps keep transactions private and also have easy access to many services like VPNs, gambling sites
and other sites without going through know your customer checks

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July 16, 2017, 06:13:09 PM
 #685

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 better than fiat in many respects. Besides, some places Bitcoin is not taxed, and fiat is.
Not all Bit users are bad, only some people abuse its nature to do illegal things, so more Bitcoin users than fiat.

Fiat means local currency we can use our currency in only our country. Only the USD is accepting all over the world, but still, they want to exchange that currency for local money. So this is bit complicated process. If we use Bitcoin then no need to do all these things because wherever you go, and they accept Bitcoin, you can pay your bills through this Bitcoin. It's become like universal currency. So people prefer Bitcoin over fiat.
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July 16, 2017, 06:57:05 PM
 #686

There are a lot of reasons, but mainly they are political. My main reason to look after the bitcoin, was because of my a dream, that one day people will use their own currency, after i was inspired watching a documentary the Money Masters. It is not exactly what I was hoping to be later on, but still its a great experiment. One can learn what to expect in the future, what people expectations are, and how powers that be reacts to the concept of peoples currency.

Other than that it sometimes more economical, faster and safer way to transfer money.
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July 17, 2017, 04:35:11 PM
 #687

If you can find a vendor who accepts Bitcoin, it's easier to pay with it than fiat. It'll take longer for you convert bitcoin to fiat (plus fees). If everyone accepted bitcoin, I wouldn't mind using it over fiat.
Yes I agree with your point that we must increase the number of people who use Bitcoins. And for this purpose we need to develop their interest in Bitcoin. Now it's free and smart era and everyone has in his own smart choice. And everyone knows that Bitcoin is a good selection because of its high value, Small charges, easy to transact. So, a lot of people are there who knows that investing in Bitcoin is beneficial.
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July 17, 2017, 04:57:28 PM
 #688

Of course there are many advantages that exist in bitcoin when compared with fiat currencies, currently population of bitcoin users continues to increase, this certainly can be achieved over time.bitcoin has a great function for the economy of its users, many successful bitcoin users Through its activity in bitcoin so that Triggering them to switch to bitcoin as a trader or investor.
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July 17, 2017, 05:41:41 PM
 #689

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 better than fiat in many respects. Besides, some places Bitcoin is not taxed, and fiat is.
Not all Bit users are bad, only some people abuse its nature to do illegal things, so more Bitcoin users than fiat.
I never heard of a place that is having 'bitcoin' being taxed, I mean where is the 'decentralization' idea went? Are you saying that Bitcoin is now centralized? Because based on what you've said about 'Bitcoin being taxed', this is a major catastrophe. So basically are you saying that in that specific country the government are already earning from the 'Bitcoin community by having them pay taxes'? Really that is absurd my friend.
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July 17, 2017, 06:09:54 PM
 #690

People prefer bitcoin over fiat because bitcoin is much easier to use. We don't have to bring some cash if we want to go out and it's even safer. Because today if people knows that you have big transactions or you have big money on your pocket, they might rob you. With bitcoin, the security of your bitcoins (wealth) is really high.



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Amevalentine
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July 17, 2017, 06:33:45 PM
 #691

i prefer bitcoin, it is digital, means simple to carry.
safer if you want to bring a lot of money
All the controls are on you
Although there are still shortcomings in some respects.
But this is something better for the future
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July 17, 2017, 06:45:52 PM
 #692

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 a tool the people are the ones deciding how to use it, if people did not buy drugs, or gamble or buy porn with fiat, I would think you have a point there, but people do that with fiat as well and the amount of people doing that with bitcoin is very low if you compare it to fiat.

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July 17, 2017, 07:15:32 PM
 #693

i prefer bitcoin, it is digital, means simple to carry.
safer if you want to bring a lot of money
All the controls are on you
Although there are still shortcomings in some respects.
But this is something better for the future

Even fiat can be transacted digitally or via bills or cheque  to bring in or move out lot of money.
But yes I agree you get to have more controls regarding Bitcoins with no questions asked by anybody.

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July 17, 2017, 07:26:27 PM
 #694

If you can find a vendor who accepts Bitcoin, it's easier to pay with it than fiat. It'll take longer for you convert bitcoin to fiat (plus fees). If everyone accepted bitcoin, I wouldn't mind using it over fiat.
Yes I agree with your point that we must increase the number of people who use Bitcoins. And for this purpose we need to develop their interest in Bitcoin. Now it's free and smart era and everyone has in his own smart choice. And everyone knows that Bitcoin is a good selection because of its high value, Small charges, easy to transact. So, a lot of people are there who knows that investing in Bitcoin is beneficial.
i think it can only be possible in such area where the use of bitcoin are and where people have the opportunities to use bitcoin for purchasing everything they want to buy, for example in Brazil people have more opportunities to use bitcoin even in their local shops. i also heard that there they can also use bitcoin even in restaurant, so i think such people will prefer bitcoin over fiat.
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July 19, 2017, 04:02:03 AM
 #695

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.

Not all things that use in bitcoin are unhealthy. bitcoin is like an fiat but there are some different from any things. Bitcoin is not illegal. Person who buy illegal things are criminal not bitcoin.
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July 19, 2017, 04:06:26 AM
 #696

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.

Not all things that use in bitcoin are unhealthy. bitcoin is like an fiat but there are some different from any things. Bitcoin is not illegal. Person who buy illegal things are criminal not bitcoin.

That is correct we cannot blame bitcoins for that and even people are using fiat for illegal activities but in that case no one blames fiat and people who are earning it in genuine way will always respect bitcoins as they know it can be more valuable in future which is not possible with fiat.

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July 19, 2017, 04:15:57 AM
 #697

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 that so this will end up dangerously to the people who only used bitcoin for  their bad habits but not to those who are making bitcoin valuable. I think selling or buying bitcoin is not that easy because they need to know your full details, your identity, your ID's or your cards thats how they strict they are when about to bitcoin. So, how that it ended up like that?
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July 19, 2017, 05:53:58 AM
 #698

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's true as what I've red in the deep web where I discovered the bitcoins is yes bitcoins are used in buying drugs, porns and gambling which is why I get curious about this. But when I knew that I can get an additional income to this bitcoin and it is also a great investments, I used this for my own good not for buying drugs and other  stuffs. And I think they misused the potential of bitcoins.
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July 19, 2017, 09:11:41 AM
 #699

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's true as what I've red in the deep web where I discovered the bitcoins is yes bitcoins are used in buying drugs, porns and gambling which is why I get curious about this. But when I knew that I can get an additional income to this bitcoin and it is also a great investments, I used this for my own good not for buying drugs and other  stuffs. And I think they misused the potential of bitcoins.

Just like in fiat money, they are also being used to buy illegal products and used for illegal transactions. There is no way for us to dictate what people what to do with their money or bitcoins - hence if there are illegal transactions made with the use of Bitcoin, it should be normal just like with using fiat money for similar transactions.
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July 19, 2017, 09:29:03 AM
 #700

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 there is nothing in this world without miss use.In case of Bitcoin if its all happening then how we can prevent this all???.Bitcoin is an open source money system and anyone can buy it from anywhere and there is no laws or restriction yet for its use etc.People all over world are accepting because its easily available and widely used now to buy anything.I consider Bitcoin as father of all crypto currency world and it was't created by criminals and not for criminal activities.It was a revolution in money world with use of technology.Drug dealers use many more thing which were also not created for any criminal activities.Porn addict also use computer internet and all other things which were not created for anything wrong and there are lots of many examples where good things are used for bad activities.If want to blame???Then blame the stuff because of which people are discussing it here.Blame who created drugs,porn material and gambling etc..I am also not a supporter all these things but its better to attack on roots instead of branches.

regards
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