Greenrace
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October 14, 2017, 11:53:17 PM |
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Some people prefer bitcoin over fiat because on some places bitcoin is tax free. I guess it's not bad to use bitcoin for something as long as you're not breaking any law/rules from your place. There's much more misuses of btc but if we continue this discussion it's getting kinda off topic when the title is about bitcoin and fiat.
other than that bitcoin is so high in value that compared to having a lot of money and risk so many people switch to save it as bitcoin, if used for crime consequently will be punished also
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Images21
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October 15, 2017, 12:18:04 AM |
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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 use it that way but i bet btc is created by the founder not because of that reason. I also hate the way they uses it except in gaming. I have tried these and I don't think adding this up will degrade the detrimental percíeption on bitcoin. I think that the greatest thing that makes btc name more ugly instead that you will think of trading and great opportunities are: Those scams circulating arpund the internet world that uses bitcoin name. They even been circulating around 10x greater than this forum does. Bitcoin was created particularly to avoid detection of personal profile. Although it is also designed to be very transparent, transactions cannot be traced to the persons involved. It is decentralized as well. These features were good. However, unintentionally, Satoshi Nakamoto was also kind of offering a better way for these crooks to transact in a much safer and private way their illegal activities.
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viktors7
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October 15, 2017, 09:27:25 PM |
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Due to the fact bitcoin is simpler also useful for use in the internet entire world. Several store stores provide our needs utilizing bitcoin. Bitcoin can conserve a little bit of expenditure, because tx payment is really tiny.
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Franko30
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October 15, 2017, 09:35:45 PM |
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Technology become more popular that is why new opportunities appeared. I truthfully believe that it helps development in this area. And also when you pay by btc you secure all your data as I know.
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saeron-ssi
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October 15, 2017, 11:01:59 PM |
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Bitcoin is better than flat because it can be used to access a lot of internet transactions and remain their identity hidden. Another thing is that, bitcoin has a higher currency exchange than any flat currency.
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DewiKirana
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October 16, 2017, 01:22:04 AM |
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Because bitcoin tends to be more flexible and has more security than fiat. Actually, bitcoin is made not for distorted purposes, bitcoin is made for individual freedom as well as securing personal data. If some people use bitcoin to gamble, drugs, subscribe to porn sites it is a bad thing and will turn their personal ugly.
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raymart0720
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October 16, 2017, 01:34:10 AM |
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Some people prefer bitcoin over fiat because on some places bitcoin is tax free. I guess it's not bad to use bitcoin for something as long as you're not breaking any law/rules from your place. There's much more misuses of btc but if we continue this discussion it's getting kinda off topic when the title is about bitcoin and fiat.
I think it is the peoples own choice where they want to use their crypto.... if money involves crime also follows and we cannot deny that it is the dark side of bitcoin... me too I am dismay because bitcoin is not meant for that thing.. but I think now lets take advantage of what this tech can gave now
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8Habits
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October 16, 2017, 10:16:06 AM |
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Because bitcoin tends to be more flexible and has more security than fiat. Actually, bitcoin is made not for distorted purposes, bitcoin is made for individual freedom as well as securing personal data. If some people use bitcoin to gamble, drugs, subscribe to porn sites it is a bad thing and will turn their personal ugly.
Bitcoin and fiat are both secure however, the good thing with bitcoin is that is not subject to government regulations and that there is a limited amount of it compared to fiat where government can print as many fiat paper as they could which in turn will eventually lead to inflation and the value of fiat is going down as these happens..
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jakezyrus
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October 16, 2017, 10:35:49 AM |
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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 prefer to use bitcoin because it is easy to use especialy when your on to buying and selling online and it doees not require any information unlike credit cards or other forms of online payment that is a much hasel and time consuming and also exposing your identity to someone else you dont yknow . thats why most people and business men nowadays are using bitcoin for their convinient.
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khaled0111
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October 16, 2017, 10:36:32 AM |
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Bitcoin is gaining more and more trust over FIAT currency due to many facts. No one can neglect the fact that bitcoin is easier to use than fiat. you can make all your transactions online with few clicks to send and receive money, also you can track all your wallets in seconds and be sure your money is safe. You can't deny that Bitcoin is growing so fast and its price is rising that's why bitcoin holders are making fortune compared to those who keep their money in banks. Those are just some of the many reasons that make Bitcoin used more than FIAT.
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wilwxk
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October 16, 2017, 10:42:47 AM |
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Because these peoples are confronting bad situations in their countries, or they have problems with the govern, its very hard to find someone that prefer and USE the bitcoin as their primary economic. The most og the peoples who likes the bitcoin still uses the paper money as their primary economy.
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btcbringer
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October 16, 2017, 10:47:06 AM |
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the most importat reason shall be bitcoin is on the rising way, holding bitcoin can give people more profits than any fiat, also, bitcoin are well known than ever before, and this give people more courage to buy
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sukoon
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October 16, 2017, 10:53:40 AM |
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Why some people prefer Bitcoin over fiat ?
so its because transaction in Bitcoins occurs instantly, You pay a very small amount of fee for any transaction, Bitcoin rates against fiat currencies worldwide fluctuates a lot and the profits (and losses) could be very dramatic very soon, Bitcoin Network is Secure, Bitcoin transactions are anonymous. so the reasons behind ppl prefer bitcoin over fiat is security, fast transaction and universal nature.
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CryptoCoin8487
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October 16, 2017, 11:05:39 AM |
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They prefer bitcoin than fiat maybe its because of volatile that bitcoin can can do up and down even me i want bitcoin as an investments its because even you just only stock you coin the price is goes up
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Xester
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October 16, 2017, 12:16:27 PM |
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They prefer bitcoin than fiat maybe its because of volatile that bitcoin can can do up and down even me i want bitcoin as an investments its because even you just only stock you coin the price is goes up
Bitcoin is indeed a good investment. Even if you let it sit in your wallet, its price will still goes up. And every transaction is safe because there is no physical money. No one can rob it from you. Plus, there is no hassle in paying things, just swipe and click and you paid already.
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Asuka
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October 16, 2017, 12:22:21 PM |
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Well i think, maybe because of bitcoin there is a chance to grow your money than fiat, if you save your money the price after a year is nothing to change, unlike bitcoin that have a chance to grow your money after you save.
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Jeger
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October 16, 2017, 12:22:57 PM |
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I think most people right now are using Bitcoin as an asset, they are expecting Bitcoin price to rise and if that happen then they will have more asset. I don't think Bitcoin is regularly used in real life, I would say that if someone is going to commit crime then they will use Monero or Dash or DO.
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milandres0207
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October 16, 2017, 12:34:06 PM |
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they prefer bitcoin over fiat because they know that in bitcoin they will earn money if they invest on it and also they want different transaction like paying bills is easy as they pay online. i think what you said like people using bitcoin for gambling or in porn site is depend upon the people.
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Duzter
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October 16, 2017, 12:38:28 PM |
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Because these peoples are confronting bad situations in their countries, or they have problems with the govern, its very hard to find someone that prefer and USE the bitcoin as their primary economic. The most og the peoples who likes the bitcoin still uses the paper money as their primary economy.
People keep hold of bitcoin as an investment, but for regular uses keep paper money in pocket. Bitcoin value increases with time, which provides with an much increased profit. Paper money holds stable value and however long we hold it, what we earn at the end will not be that big as earned from bitcoin.
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Finestream
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October 16, 2017, 12:40:50 PM |
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they prefer bitcoin over fiat because they know that in bitcoin they will earn money if they invest on it and also they want different transaction like paying bills is easy as they pay online. i think what you said like people using bitcoin for gambling or in porn site is depend upon the people.
That is the ultimate reason why we use bitcoin because not all people are going to adopt or even the majority since the majority has still trusted the old system. Government laws and rules should be followed and they will not endorse bitcoin as currency to substitute fiat, the real reason why we are using it is because we want to consider it as our investment and to fulfill our big dreams.
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