Bitcoin Forum
June 07, 2024, 06:47:49 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 [30] 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 ... 88 »
  Print  
Author Topic: Why some people prefer Bitcoin over fiat ?  (Read 58455 times)
unusualfacts30
Hero Member
*****
Offline Offline

Activity: 1540
Merit: 500



View Profile
June 13, 2017, 05:16:31 AM
 #581

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.

Decentralized
Asset-Backed Banking

  ▄▄██████████████████
 █████████████████████
█████▀▀
████▀    ████
████     ████
████     ████
         ████     ████
         ████    ▄████
               ▄▄█████
█████████████████████
██████████████████▀▀ 
.TheStandard.io.█▀▀▀











█▄▄▄
▀▀▀█











▄▄▄█
████████████████████████████
████████████████████████████
████████████████████████████
█████████████████▀▀  ███████
█████████████▀▀      ███████
█████████▀▀   ▄▄     ███████
█████▀▀    ▄█▀▀     ████████
█████████ █▀        ████████
█████████ █ ▄███▄   ████████
██████████████████▄▄████████
████████████████████████████
████████████████████████████
████████████████████████████
Mr.grin
Legendary
*
Offline Offline

Activity: 1218
Merit: 1000



View Profile
June 13, 2017, 05:40:24 AM
 #582

I feel that my need for bitcoin is higher than fiat. Probably because right now, my main stain comes from bitcoin. Well, maybe if other people are doing the same thing, i think it will also exceed the fiat.
Tanya77
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
June 13, 2017, 05:57:28 AM
 #583

These are not the only field BTC is used in, as BTC is now widely used in almost any market (from gold bullions to buying refreshments in local stores), BTC is good for porn, gambling for it's private nature, since people find these embarrassing most of the time. Drugs are because of anonymous nature, since these are illegal.
arcanayou
Member
**
Offline Offline

Activity: 150
Merit: 10


View Profile
June 13, 2017, 06:53:55 AM
 #584

Using bitcoin for negative things like buying drugs and seeing porn sites is a bad thing. Bitcoin is free to use for all communities, but I think it's better to stay away from the negative, many positive things we can do with bitcoin rather than fiat. Probably because bitcoin is anonymous and easy to transfer, there are some people who use bitcoin for bad things
MMA
Legendary
*
Offline Offline

Activity: 1134
Merit: 1000


View Profile
June 13, 2017, 07:15:23 AM
 #585

I feel that my need for bitcoin is higher than fiat. Probably because right now, my main stain comes from bitcoin. Well, maybe if other people are doing the same thing, i think it will also exceed the fiat.
in fact bitcoin is the need of the day. in such modern time people feel hard to find time, and go to Banks withdraw their money then visit a shop and then use for shopping, bitcoin has made it very easy. you can visit any online shop, can buy anything and can pay in bitcoin without changing bitcoin in to local currency, and even you can get the product at your door step, those people who know and understand the importance of bitcoin so their fist choice s bitcoin.
dady12
Full Member
***
Offline Offline

Activity: 166
Merit: 100


View Profile
June 13, 2017, 07:26:11 AM
 #586

bitcoin value keep increasing and you can be a secret millionary with bitcoin without other noticing how rich you are,the value of money keep decreasing and bitcoin value keep increasing and fiat can be prone to I clarion while bitcoin can't,you can also transfer millions of dollars without nobody noticing it while it is very risky taking millions of dollars in your pocket while travelling
Ashtville
Newbie
*
Offline Offline

Activity: 54
Merit: 0


View Profile
June 13, 2017, 12:36:04 PM
 #587

Some of these fields are illegalized in places, but the main reason I think is the privacy,
Meaning nobody wants to have a credit card statement showing you paying to a porn website, and your friends/spouse seeing it, it is natural and legal, but people prefer privacy in these aspects i think.
OVOBTC
Jr. Member
*
Offline Offline

Activity: 58
Merit: 1


View Profile
June 13, 2017, 12:54:57 PM
 #588

People mainly prefer using BTC now as a store of value, not just like a method of gambling or buying drugs like before, allot of the stored BTC's belong to people that hold the price using them and treat them as a commodity like gold.
btc also is a good private and anonymous coin.
itsallpc
Full Member
***
Offline Offline

Activity: 196
Merit: 100



View Profile
June 13, 2017, 05:39:40 PM
 #589

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.
Unfortunately,nothing could be done in this matter.Just like US dollars,bitcoin is free to use.No one can control any one using bitcoin for wrong actions.Already,criticizers of bitcoin make regular allegations that bitcoin is used for illegal activities.But bitcoin has successfully overcome such allegations and it has got world wide investors,not using it for illegal activities but for trading,buying online goods,etc.The time has come to use such a marvellous technological creation bitcoin in a productive way.
akar87
Sr. Member
****
Offline Offline

Activity: 980
Merit: 250


$CYBERCASH METAVERSE


View Profile
June 13, 2017, 05:47:42 PM
 #590

Which makes me more interested in bitcoin than fiat because can i use directly to gain profit in trading. I dont need to buy goods to sell again. Bitcoin is money making money.


````▄▄██████▄▄▄```▄▄██████▄▄
``▄███████████▀`▄████████████▄
`█████``````▀``█████``````█████
████``````````████````█▄````████
███``````````▄███`````███````███
████````▄█▄``███▀`````█▀````████
`█████``███`████`▄██``````█████
``▀████████`██▀`▄████████████▀
````▀▀█████`▀```▀▀▀▀██████▀▀
````````▀█▀












````````▄███████████████████████▄
```````██▀```▄███▀`▄█▀`````````▀██
▐███▄`██````▄███▀`▄█▀````````````██`▄███▌
`▀███▄█▄```▄███▀`▄█▀`````````````▄█▄███▀
``▄▄█████████████████████████████████▄▄
`████▄```▀█████████████████████▀```▄████
`█████▄````▀██████▄```▄██████▀````▄█████
`███████████████████████████████████████
`▐█████████████████████████████████████▌
``▀███████████████████████████████████▀
````██████`````````````````````██████
`▄▄`▀████▀`▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄`▀████▀`▄▄










MMO RPG METAVERSE
BUILD ON BINANCE SMART CHAIN




















FIGHT, RACE, OWN STREETS
PLAY 2 EARN CYBERCASH
LEVEL-UP AND BUILD NFT











....[ PRE-REGISTER ]....
bit-tard
Newbie
*
Offline Offline

Activity: 21
Merit: 0


View Profile
June 13, 2017, 05:50:47 PM
 #591

Probably for the same reason we users are here browsing bitcointalk.org, for it being an anonymous, decentralized open and transparent market, getting priced with demand and offer and hence has a volatile nature, suitable for use as a currency and to be traded against USD to generate profit.
These are all factors differentiating it from Fiat, which don't have none of those criteria.
Restmand
Sr. Member
****
Offline Offline

Activity: 979
Merit: 258



View Profile
June 13, 2017, 05:54:01 PM
 #592

Using bitcoin for negative things like buying drugs and seeing porn sites is a bad thing. Bitcoin is free to use for all communities, but I think it's better to stay away from the negative, many positive things we can do with bitcoin rather than fiat. Probably because bitcoin is anonymous and easy to transfer, there are some people who use bitcoin for bad things
We more prefer to use bitcoin because bitcoin is more likely has a great value, and we can earn it anonymously without the knowing of other people. It is free for all, there will be no limits and there will be no restriction on the people that are using it. Bitcoin is free to all and be better than fiat.i think that wound the reason for them too.
qiwoman2
Legendary
*
Offline Offline

Activity: 2114
Merit: 1023


Oikos.cash | Decentralized Finance on Tron


View Profile
June 13, 2017, 05:57:26 PM
 #593

Bitcoin is a good hedge against fiat and because it is a decentralized currency it isn't up to any government or central bank to control it, so for me that is a big Plus and why I Like to hold Bitcoin and altcoins.


█▀█ █ █▄▀ █▀█ █▀ ░ █▀▀ ▄▀█ █▀ █░█
█▄█ █ █░█ █▄█ ▄█ ▄ █▄▄ █▀█ ▄█ █▀█



DeFi on Tron
and trustless token exchange
█████











█████

██████████████████████████████████████████████████████

JOIN OIKOS

██████████████████████████████████████████████████████

█████
    █
    █
    █
    █
    █
    █
    █
    █
    █
    █
    █
█████
haroldtee
Sr. Member
****
Offline Offline

Activity: 644
Merit: 299


View Profile
June 13, 2017, 06:06:30 PM
 #594

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 understand your plight mate, but we should understand that even before bitcoin, people have been using fiat to acheive all these. The arrival of bitcoin is just a speedy way for them and it isn't something that can be avoided and it wasn't bitcoin that gave birth to them. So it is not good for us to always attribute bitcoin to negativity when we should concentrate more on its positive attributes.
xFiber
Sr. Member
****
Offline Offline

Activity: 336
Merit: 252



View Profile
June 13, 2017, 06:14:15 PM
 #595

Well there will always be people who will (ab)use anything that has value for a less ethical purposes. Saying bitcoin shouldn't be used for porn, drugs ... is an utoptia because it will never happen. Anyone who owns bitcoin can spend it however they like and there's nothing you can do about it. By all means I don't support people buying drugs with it (it only gives bitcoin a bad name) but if we were to regulate it so that people wouldn't be able to buy all these goods an service would remove the whole point of bitcoin being a decentralized peer to peer network.
bitbunnny
Legendary
*
Offline Offline

Activity: 2912
Merit: 1068


WOLF.BET - Provably Fair Crypto Casino


View Profile
June 13, 2017, 06:18:45 PM
 #596

Some people say that is.much easier to get or earn Bitcoins than fiat money and that is why they prefere it. For some it's.more convenient to use because is much more anonimous than fiat money and you can avoid the banks. Some say volatility is disadvantage of Bitcoin and some love it exactly because of that and they see their chance for profit.

8Habits
Sr. Member
****
Offline Offline

Activity: 756
Merit: 294



View Profile
June 19, 2017, 05:38:26 AM
 #597

Some people say that is.much easier to get or earn Bitcoins than fiat money and that is why they prefere it. For some it's.more convenient to use because is much more anonimous than fiat money and you can avoid the banks. Some say volatility is disadvantage of Bitcoin and some love it exactly because of that and they see their chance for profit.

There are many opportunities in bitcoin and that is a good side income apart from your regular fiat money income generation. The volatility of bitcoin prices gives fortune to many and of course, it also have other people losing money out of it. Best thing to do is just hold your bitcoin overtime and you will gain money in the coming days Smiley
Prodigan786
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250



View Profile
June 19, 2017, 06:14:17 AM
 #598

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 go with your thing which seems illegal i can say some genuine way of getting bitcoin instead of fiat currency is travellers can spend and take money overseas where bitcoin ATM and bitcoin transaction accepting.Sending money 24/7 without bother about timings and holidays.
Makka
Sr. Member
****
Offline Offline

Activity: 594
Merit: 253


View Profile
June 19, 2017, 06:43:46 AM
 #599

I have read that several underground transactions involve bitcoin. So perhaps some preferred bitcoin over fiat because of its anonymity. Highly concealed transactions involving drugs, arms, assassination, and the like use bitcoin as a form of payment. Especially in the deep web, a large amount of bitcoin is changing hands. And as far as I know, 96% of what's going on in the web are in the deep web. What we can access through the famous browsers are only the surface.

Satoshi Nakamoto, a genius, of course, did not create bitcoin solely for this. Just like anything else that is neither bad nor good, it is how people use it that taints its reputation. Our current fiat currencies were invented for commercial purposes but some crooked-minded people use them for some bad activities. As such, you cannot blame bitcoin or any fiat currencies.
IGNation
Member
**
Offline Offline

Activity: 91
Merit: 10

★Adconity.com★


View Profile
June 19, 2017, 06:57:13 AM
 #600

What can we do, people who use bitcoin has their own freedom to use it in anyway they want to, everything can be used not just for their purpose just like Bitcoin it can be used for good or bad as long as it is your own, I prefer bitcoin over fiat for it is anonymous, but i still wouldn't use bitcoin for that reason.

Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 [30] 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 ... 88 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!