Why some people prefer Bitcoin over fiat ?

[danherbias07]

Investment.
With the price now it answers everything. There will be more of it than this now. They see a lot of space for income without even doing anything. Some do it because they have courage and some are just too lazy.

[Falconer]

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?

In international transaction case, bitcoin is much faster than money. You know, if you send some amount of money to someone in other country through bank, imagine how much time you have to spend and I guess the fee is high imo. I think the reason why he think bitcoin is safer, because you dont need to carry fiat with you everywhere.

[chris200x9]

Because bitcoin is much better in ever aspect

I am not totally agree with you dude. Not all of aspect bitcoin win. Let's say about acceptable, think in tjis point fiat win as well, because not many stores or merchant accept bitcoin but fiat is more acceptable if we compared with bitcoin. Many stores accept fiat as payment methods dude.

If you purely look at the currency aspect of fiat and Bitcoin, then it's safe to say that fiat is pretty much unbeatable. Especially when you consider that you can transact offline, where with Bitcoin you always need an internet connection to move value from one place to another. Bitcoin's growth nowadays (for me it has been like this since day one) must come from the store of value and investment aspect. That's where Bitcoin is really shining. And it shows as more traditional investors are finding their way to Bitcoin.

Fiat is the universal currency you can use it anywhere in the world without any fear. But Bitcoin is not like that we can not use it efficiently. Only in few countries, the shoppes are accepting, but in many countries, people don't know what Bitcoin is. So I will also prefer fiat currency is the best way to make any payment. Bitcoin is fast and good, but it's illegal money.

[Kevin77]

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.

[rickadone]

I am sure that people not involved in Bitcoin find fiat payment services far more interesting and safe to complete payments than is the case with Bitcoin.

Mainly because of the fact that their purchases get insured against theft, damage, or whatever other inconvenience that they may face.

Bitcoin can't offer that level of security to people that are used to these security features. That's why they will prefer to keep using fiat instead of something else.

I am sure you understand that people prefer fiat over bitcoin , first because that are used to using it every day and everywhere and trying to change the way they live is difficult and plus bitcoin was created by the internet and for the internet , so it does not exist in a physical form so if there is no electricity there is no internet and there is no bitcoin.

[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.

[MinerHQ]

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).

[TastyChillySauce00]

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).

I think that not every country prohibit gambling activities or even banned it and consider it as an illegal activity so, it's not suited well to consider gambling as an illegal activity based on "few" region which banned it
So your supposition that illegal activity is making bitcoin very popular is not fully right. However bitcoin popular because of many factors and as far as I know most people interested to be bitcoin users due to its volatility that can bring them good profit if they can manage

[lOvE mE forEvEr]

Many people choose bitcoin because consider for take profit. We all know, that save fiat money in the Banks is not profitable better than inflation. And peoples use bitcoin for quick and cheap cost for receive and sending money.

[Caladonian]

Many people choose bitcoin because consider for take profit. We all know, that save fiat money in the Banks is not profitable better than inflation. And peoples use bitcoin for quick and cheap cost for receive and sending money.

that's how most of us here treat btc as we believe that bitcoin will keep on rising up and most of new investors also seen the potentials i guess the profits that people are getting this the most attractive features of bitcoin and together with its easy fast and cheap price when doing transaction will also allow people to think wisely and join the venture.

[SHAWN-MIDWAYS]

I prefer bitcoin to fiat because not all fiat is world wide acceptable unlike bitcoin being a universal currency  can be used anywhere around the world with fewer problems.  

[Barbut]

Bitcoin had to start somewhere. Without gambling, porn, drugs bitcoin would be forgotten on very beginning. Why so many people complain on this industries, and they are exactly that, industries! In my humble opinion it's better to be porn actor or drug dealer then to work in army and shoot the people around the world cause some jerk ordered you, point is there is more honesty in this industries then in top of governments.
We should be greatful to gambling, porn and drugs cause of them bitcoin is here now. When others wonder what bitcoin is, this people on margin accepted bitcoin.

[nostra3]

Bitcoin had to start somewhere. Without gambling, porn, drugs bitcoin would be forgotten on very beginning. Why so many people complain on this industries, and they are exactly that, industries! In my humble opinion it's better to be porn actor or drug dealer then to work in army and shoot the people around the world cause some jerk ordered you, point is there is more honesty in this industries then in top of governments.
We should be greatful to gambling, porn and drugs cause of them bitcoin is here now. When others wonder what bitcoin is, this people on margin accepted bitcoin.

Bitcoin's anonym it means we can't know who the real identity of the bitcoin's user.

[yayayo]

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.

You seem to be stuck with an overly controlling and preachy mindset. If you don't have a liberal mindset, Bitcoin is not for you.

Bitcoin is just a currency. It can be theoretically used for anything that people agree on. I do not consider that abuse and I do not feel like prescribing other people what to do or not to do with their BTC. Durgs, gambling and porn are widespread and people will try to fulfill these desires without Bitcoin as well.

ya.ya.yo!

[lite]

Many people choose bitcoin because consider for take profit. We all know, that save fiat money in the Banks is not profitable better than inflation. And peoples use bitcoin for quick and cheap cost for receive and sending money.

Profit and saving is why i've chosen bitcoin, it's like an investment to me. with the current increase in price i'm in huge profit. if i had the same amount in banks, i would've gotten some shitty % of interest.

[Mastsetad]

I prefer bitcoin to fiat because not all fiat is world wide acceptable unlike bitcoin the universal currency that can be used anywhere and take you everywhere you please

I will have to disagree with your statement as you said bitcoin is accepted anywhere in the world, though you are right that bitcoin does not have different shapes like fiat for every country but it is not yet accepted everywhere in the world, so right now in present time we can use fiat anywhere in the world, but not bitcoin.

[xIIImaL]

Many people choose bitcoin because consider for take profit. We all know, that save fiat money in the Banks is not profitable better than inflation. And peoples use bitcoin for quick and cheap cost for receive and sending money.

Profit and saving is why i've chosen bitcoin, it's like an investment to me. with the current increase in price i'm in huge profit. if i had the same amount in banks, i would've gotten some shitty % of interest.

You are perfect in this interest matter because most of the do of the enough fund to get the interest with bank balance. In this situation bitcoin is far better and best way make profit by its huge price rise.

[Zadicar]

Many people choose bitcoin because consider for take profit. We all know, that save fiat money in the Banks is not profitable better than inflation. And peoples use bitcoin for quick and cheap cost for receive and sending money.

Profit and saving is why i've chosen bitcoin, it's like an investment to me. with the current increase in price i'm in huge profit. if i had the same amount in banks, i would've gotten some shitty % of interest.

You are perfect in this interest matter because most of the do of the enough fund to get the interest with bank balance. In this situation bitcoin is far better and best way make profit by its huge price rise.

Regarding on interest rates between the two things then bitcoin does really have the edge since we could able to make profits more than we could able to gain from banks and this is also a good investment but we should really remember regarding on the risk involve on putting all money into bitcoin.

[MMA]

Many people choose bitcoin because consider for take profit. We all know, that save fiat money in the Banks is not profitable better than inflation. And peoples use bitcoin for quick and cheap cost for receive and sending money.

currently people are using it for investment purpose to make money, but in future bitcoin will be use as fiat currency and you will be able even to use it in your local shops. still it require some more time because still the facilities  of bitcoin to use it as currency is not available everywhere.

[ifightformerkel]

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.