Why some people prefer Bitcoin over fiat ?

[dryandry]

Well you are right bro. But unfortunately you can't stop it. Bitcoin is out of control to anyone. And this is why because bitcoin can't be traced without any expert investigation team.
Its easy to use buy sell and spend. Also because of anonimity.

yeah bitcoin is uncontrollable
bitcoin is free for many uses, even it's uses for porn industry or crime
but in other side many people use it for good thing

[denny27]

One of the things some peoples prefer bitcoin because with traditional banks, it can take some time to even open a bank account. Setting up a trading account for payments will be even more complicated. While a Bitcoin address can be made very quickly and at no cost. Bitcoin is easy to use in delivery problems.

[sergio red]

Because Bitcoin has created a strong ground to dominate in the virtual currency world, day by day Bitcoin is becoming profitable and trusted currency, the value of Bitcoin is increasing at a increasing rate day by day. Basically people are interested in gathering their wealth by making profit, so Bitcoin is one of the best platform for fulfilling this purpose that's why people prefer Bitcoin...

[Kotone]

One of the things some peoples prefer bitcoin because with traditional banks, it can take some time to even open a bank account. Setting up a trading account for payments will be even more complicated. While a Bitcoin address can be made very quickly and at no cost. Bitcoin is easy to use in delivery problems.

Yes thats why people want  it because of that. It is easy to earn money and transact with bitcoin. And due to the high value of bitcoin we can easily save money and have an investment it could be easy for us.  I prefer bitcoins too because it is fpr  me to create money their than in physical ones.

[8Habits]

One of the things some peoples prefer bitcoin because with traditional banks, it can take some time to even open a bank account. Setting up a trading account for payments will be even more complicated. While a Bitcoin address can be made very quickly and at no cost. Bitcoin is easy to use in delivery problems.

Yes thats why people want  it because of that. It is easy to earn money and transact with bitcoin. And due to the high value of bitcoin we can easily save money and have an investment it could be easy for us.  I prefer bitcoins too because it is fpr  me to create money their than in physical ones.

With the recent price rise of bitcoin, signature campaign earnings are quite good already and a good addition to our income. Not to mention that it is very easy to use bitcoin in online transactions that accept bitcoin.

[Proton2233]

There is no person on Earth who has no Fiat currency. So the idea that there are people who prefer bitcoins it's not quite right. Everyone likes the idea of bitcoin, but the credibility of crypto is still not very high. That is why we see the panic in the market when the price of bitcoin falls down.

[BossMacko]

There are 2 kinds of person 1 is people who don't know Bitcoin, 2nd is people who knows Bitcoin. From the 2 kinds of people they have different views. If you will ask here then probably most of the answers are they prefer Bitcoin over flat, but if you will ask people who doesn't know Bitcoin then they'll answer flat over Bitcoin. As for me my answer is i still prefer flat because i will not be able to use Bitcoin for my daily expenses.

[8Habits]

There are 2 kinds of person 1 is people who don't know Bitcoin, 2nd is people who knows Bitcoin. From the 2 kinds of people they have different views. If you will ask here then probably most of the answers are they prefer Bitcoin over flat, but if you will ask people who doesn't know Bitcoin then they'll answer flat over Bitcoin. As for me my answer is i still prefer flat because i will not be able to use Bitcoin for my daily expenses.

You are right mate. We should not prefer using one over the other and instead, use them both to our advantage - like using fiat money for basic financial transactions both offline and online and using Bitcoin in transactions that accept it as a form of payment.

[gracia0023]

The reason why some people prefer bitcoin over fiat is the fiat currency and any national currency decreed legal by the national government, but is intrinsically valueless money. Fiat currencies no longer represent gold deposits or other things of known market value. They are just the accepted pieces of national paper, printed by a private central bank and loaned to the national government, with interest. All fiat currencies are debt instruments. Example is the U.S. Dollar and other fiat currencies certainly have their own inherent advantages, which mostly revolve around their acceptance by the banking systems that create them. These will prove fleeting in the coming years, whereas Bitcoin’s advantages are built into the technology, can be amended or updated through the protocol, and are built to stand the test of time.

[TitanGEL]

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.

It is very simple because the bitcoin is decentralized. There are many reasons why many people prefer the bitcoin over the fiat. The one of the reason is the anonymity and the deflation.

[mrjoy15]

Bitcoin (BTC) idea is good, there many countries Bitcoin has used like as fiat even most countries don't enforce the use of bitcoin hence not a fiat currency. Bitcoin more like gold, or is it just another fiat currency. Bitcoin need more professional like that stable  in value. Here, main problem price fluctuations.

[Babylon]

The answer is simple, it is convenient, easy to use, and accessible. Compared to the latter, imagine going shopping bringing a lot of money is not even advisable.

[Xenophoto]

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.

These "some people" are the bitcoin users themselves. Personally, if I can get paid with bitcoins, I would accept it wholeheartedly. Just the price increase of bitcoin is enough reason for us to use bitcoin and hold it. You're making money by just being in the game. You don't have to trade or anything, you simply have to hold.

I believe there is no misuse of something. If you buy a gun and you killed your own father using it, did you misuse the gun if the inventor of the gun made it for the purpose of hunting deers and pigs? People are going to use bitcoin for whichever way they want and we can never change that. If bitcoin is being accepted for drug activities, porn, and any other shady activities, I believe bitcoin is just doing its purpose. To be used as a currency anonymously.

[xFiber]

I love how you say 'some' users. I think the majority of people on here prefer Bitcoin of fiat and there are couple reasons for that. First of all there's a limited supply of bitcoin wich completely cancels out inflation (banks can decide when they print more money).

[8Habits]

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.

These "some people" are the bitcoin users themselves. Personally, if I can get paid with bitcoins, I would accept it wholeheartedly. Just the price increase of bitcoin is enough reason for us to use bitcoin and hold it. You're making money by just being in the game. You don't have to trade or anything, you simply have to hold.

I believe there is no misuse of something. If you buy a gun and you killed your own father using it, did you misuse the gun if the inventor of the gun made it for the purpose of hunting deers and pigs? People are going to use bitcoin for whichever way they want and we can never change that. If bitcoin is being accepted for drug activities, porn, and any other shady activities, I believe bitcoin is just doing its purpose. To be used as a currency anonymously.

Wow, total sense and I could not agree more with you mate. This is really a good view of using bitcoin and its implications. I am now accumulating bitcoin in the side of my main income source and all of the bitcoin accumulated is being saved for years.

[TheGreatPython]

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.

These "some people" are the bitcoin users themselves. Personally, if I can get paid with bitcoins, I would accept it wholeheartedly. Just the price increase of bitcoin is enough reason for us to use bitcoin and hold it. You're making money by just being in the game. You don't have to trade or anything, you simply have to hold.

I believe there is no misuse of something. If you buy a gun and you killed your own father using it, did you misuse the gun if the inventor of the gun made it for the purpose of hunting deers and pigs? People are going to use bitcoin for whichever way they want and we can never change that. If bitcoin is being accepted for drug activities, porn, and any other shady activities, I believe bitcoin is just doing its purpose. To be used as a currency anonymously.

Wow, total sense and I could not agree more with you mate. This is really a good view of using bitcoin and its implications. I am now accumulating bitcoin in the side of my main income source and all of the bitcoin accumulated is being saved for years.

This is so amazing you don’t agree with a person with sense lol...
Anyway this is good to collect the bitcoin beside your other source of income. I prefer the BTC more than anything else because I know the potential of the bitcoin. I am pretty confident about the bitcoin that it can give me much better result than keeping fiat.

[nejibens]

Simply because Bitcoin's features is a lot better than fiat , for example you can't earn money by holding fiat, maybe you earn very little amount if you hold big amount of money in your bank for several months or years, but with bitcoin you can earn good amount just by holding it into your wallet, already some people created wealth this way. In addition with the fast transactions of bitcoins.

[Similificator]

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.

Well, sad to say we can't do anything about that. It is human nature to take advantage of anything that one can. That is probably why criminals themselves do it. Yes, i feel you. It is really sad to think about it. But we just have to accept the fact that we are powerless and cant do anithing to change the way things are now.

So just a friendly advice; do not let yourself get so troubled on things you cannot control. Instead, as a person knowing better do what you know is right. Chhers.

[malikusama]

People prefer bitcoins over fiat because it is now becoming easy to use and its worth is increasing day by day. Bitcoin is a digital currency like other currencies, if people can spend their dollars in gambling, porn sites and drugs dealing then why they can't use their bitcoins after all it is also a currency.

[8Habits]

People prefer bitcoins over fiat because it is now becoming easy to use and its worth is increasing day by day. Bitcoin is a digital currency like other currencies, if people can spend their dollars in gambling, porn sites and drugs dealing then why they can't use their bitcoins after all it is also a currency.

The good thing with bitcoin is that we can use it without giving away our identity when it comes to online casinos that accept bitcoin - unlike in fiat money. You are also right that there is a good potential that bitcoin will increase its prices overtime.