Why some people prefer Bitcoin over fiat ?

[sunsilk]

Bitcoin is better than fiat for so many reasons all of which have probably been stated

I thought it was very funny when you say bitcoin better than fiat, some people prefer bitcoin than fiat, one reason for their income and profits is by bitcoin, so they think that the world of bitcoin more better

And I guess there are still people who are depending on both, they are making good profit with bitcoins and there are some who are still depending and earns good money with fiat.

But that's the reality that bitcoin investments are even more reliable and can have greater profit because of its decentralization.

When it comes to transactions, bitcoin only charges cheap fees.

[martino36]

Bitcoin is easy to use and transfer to buy online. it's no fee and no tax and it's anomynous.
Payment online is very fast and safer than fiat.

[Dudeperfect]

I think the main reason for bitcoin’s popularity is the fundamental characteristics of this technology. Bitcoin has some add-on benefits over fiat such as global acceptability, universal access and most importantly the anonymity and lower fees with the faster transaction and due to these advantages, I see good growth in Bitcoin user base in coming years.

[1Referee]

I think the main reason for bitcoin’s popularity is the fundamental characteristics of this technology. Bitcoin has some add-on benefits over fiat such as global acceptability, universal access and most importantly the anonymity and lower fees with the faster transaction and due to these advantages, I see good growth in Bitcoin user base in coming years.

Low fee structure of Bitcoin is becoming a less interesting feature as years go by. Currently it's already not an interesting option anymore due to the fees. Right now on average $0.20-$0.25 must be included in order to at least tickle pools to pick up your transaction. And we all know that pools will more and more depend on the income from transaction fees. And no, it's not that now the price has gone up in value that pools are happy with a lower fee. They just expect you to include the same fee in BTC as was the case with the price being way below current levels. It's pure greed.

[NEWGOODOUBLE]

Bitcoin is easy to use and transfer to buy online. it's no fee and no tax and it's anomynous.
Payment online is very fast and safer than fiat.

it is the difference between fiat and bitcoin, you can use bitcoin for anything, avoid controls and taxes, the transaction fee is not too high, especially because the secret identity will be anonymous

[Jasad]

Bitcoin is easy to use and transfer to buy online. it's no fee and no tax and it's anomynous.
Payment online is very fast and safer than fiat.

that is correct , but common people did not feel about that things ,
they just consider bitcoin as the biggest illusion in getting profit through investment ,
only few can really feel a lot of advantages using bitcoin ,
however bitcoin are not friendly yet to be used in the daily life.

[uchma7]

One strong reason why some people prefer bitcoin over fiat is due to the speed with which bitcoin appreciate in value over the dollar. Another good reason is for the low charge for funds transfer associated with bitcoin

[burner2014]

Sad to say but it is for real talk, for all we know that bitcoin transaction is anonymous that is why other person abuse its function and advantage.
You cannot really hold the mind of all people, we have different perspectives in life. As we are contented in earning bitcoin in a proper way the other people may think it is one way to do easy money.

[Gembul]

yes i also giving preference to bitcoin. as bitcoin is providing a variety of services, to us which make bitcoin more valuable to me. i use bitcoin for paying my bell as well as for refilling my mobile, i also use bitcoin for investment purpose. hope that bitcoin facilities will increase more and more.

Exactly once, bitcoin is used to pay for services in comparison with fiat is good. Because with bitcoin we can reduce transaction costs, but it only can be applied in certain countries only. for third world countries I think is quite difficult.

[aioc]

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.

Blockchain and Bitcoin are awesome invention,I think it's not the technology but the people who use them,Nakamoto did not invent it for this kind of activities, he is thinking of decentralization and being anonymous,it's the people the abuse it.He did not specify that you can use it to buy drugs and membership to porn sites.

[Falconer]

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.

Blockchain and Bitcoin are awesome invention,I think it's not the technology but the people who use them,Nakamoto did not invent it for this kind of activities, he is thinking of decentralization and being anonymous,it's the people the abuse it.He did not specify that you can use it to buy drugs and membership to porn sites.

People will use any currency to get their pleasure, include the bad things like gambling, porn, and drugs, no matter what kind of currency they are using. But yeah bitcoin make the transaction become easier and be anonymous. Honestly the first purpose why I using bitcoin is because I like gambling.

[mr.bitcoinerf11]

cuz its best currency nowadays
also no such huge fees with bitcoin

[Sled]

Sad to say but it is for real talk, for all we know that bitcoin transaction is anonymous that is why other person abuse its function and advantage.
You cannot really hold the mind of all people, we have different perspectives in life. As we are contented in earning bitcoin in a proper way the other people may think it is one way to do easy money.

Yes that is one of the bad factors why some people choose bitcoin over fiat because of its improve security that you don't need to reveal your identity to receive or send bitcoin to other people. But we can't avoid that because it is part of the game, Bad players and Good players, Just always think that if you are on the good side then nothing to worry about just let the bad players play the game on how they like but someday their bad habits will get back to them with the help of karma.

[Blitzboy]

Bitcoin is easy to use and transfer to buy online. it's no fee and no tax and it's anomynous.
Payment online is very fast and safer than fiat.

Well yeah but I don't quite agree with you about fast and safer payment. Because the transaction confirmation time is still a bit problem, it's not true to say this. And also, I don't get what you mean by saying that it's safer than fiat, how safe is it or can we even compare bitcoin and fiat money this way?

[Sundark]

cuz its best currency nowadays
also no such huge fees with bitcoin

With increased bitcoin value fees are also relatively higher. Soon argument about bitcoin near zero fees will be redundant.
Unless of course miners will reevaluate fees structure - but it is very unlikely.

[burner2014]

Sad to say but it is for real talk, for all we know that bitcoin transaction is anonymous that is why other person abuse its function and advantage.
You cannot really hold the mind of all people, we have different perspectives in life. As we are contented in earning bitcoin in a proper way the other people may think it is one way to do easy money.

Yes that is one of the bad factors why some people choose bitcoin over fiat because of its improve security that you don't need to reveal your identity to receive or send bitcoin to other people. But we can't avoid that because it is part of the game, Bad players and Good players, Just always think that if you are on the good side then nothing to worry about just let the bad players play the game on how they like but someday their bad habits will get back to them with the help of karma.

Thant is true. Karma is around them, the bad thing is the good side is also affected by the way other people think about bitcoin. Anyway, just ignore those people who has dirty minds and let us all embrace each other as we are helping the society especially households who do bitcoin as part time.

[sportis]

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 an electronic payment system and of course is the best among other methods when someone buys/sells goods and services using internet. Bitcoin made for people and people are responsible for their actions and not the payment system. I don't know from which country OP comes from but in my country Tide is a well-known detergent. Follow the link http://www.theatlantic.com/business/archive/2012/03/why-are-criminals-stealing-tide-detergent-and-using-it-for-money/254631/. So would you believe tide soap made for criminals?

[lorylore]

cuz its best currency nowadays
also no such huge fees with bitcoin

The no huge fee is really a great system for me as i need to buy or sell things. I used paypal and sometime the fee can be as high as 20%. 10% is quite normal. I also use bank transfer and it takes like up to 3 days to transfer and 50$ as fee. Only btc is the one which is realise the fee is less than 1% so it is really great. And it has seller protection which i love it a lot.

[Zadicar]

Bitcoin is easy to use and transfer to buy online. it's no fee and no tax and it's anomynous.
Payment online is very fast and safer than fiat.

Well yeah but I don't quite agree with you about fast and safer payment. Because the transaction confirmation time is still a bit problem, it's not true to say this. And also, I don't get what you mean by saying that it's safer than fiat, how safe is it or can we even compare bitcoin and fiat money this way?

I understand on the thing on what he would like to mean that bitcoin transaction are really safe since you could transfer funds directly to a person without any problems and regarding with confirmation it's not really a problem at all since transactions are irreversible. Fiat can't be replaced by bitcoin no matter what.

[FaucetRank.com]

Bitcoin is easy to use and transfer to buy online. it's no fee and no tax and it's anomynous.
Payment online is very fast and safer than fiat.

Well yeah but I don't quite agree with you about fast and safer payment. Because the transaction confirmation time is still a bit problem, it's not true to say this. And also, I don't get what you mean by saying that it's safer than fiat, how safe is it or can we even compare bitcoin and fiat money this way?

I understand on the thing on what he would like to mean that bitcoin transaction are really safe since you could transfer funds directly to a person without any problems and regarding with confirmation it's not really a problem at all since transactions are irreversible. Fiat can't be replaced by bitcoin no matter what.

These are not only the reasons fast, secure but there are some other reasons too that are low transaction fees, increasing value while fiat  value do not change like Bitcoin value changes.