Why some people prefer Bitcoin over fiat ?

[xiaoweidada]

It is true that bitcoin is being exploited by criminals, some of which are prohibited by some countries, making some people hate bitcoin.

[BoonTech]

 Bitcoin has enjoyed a breathtaking run over these days.Some people prefer bitcoin over fiat because on some places bitcoin is tax free.

[Keeping Up]

People would usually tend to choose bitcoin over fiat especially on transaction that are not to common or somehow discriminating to be used with a fiat. Some of this transactions when user doesnt want his/her identity be divulged in the public they opt to use fiat.
Such transaction are gambling and some even illegal acts.

[Fesatmas]

Bitcoin being popular right now people prefer Bitcoin than fiat, because Bitcoin is more useful it is seen from many sites that accept Bitcoin as their payment. And also the use of bitcoin do not need any fee. Transaction with Bitcoin is also anonymous that people feel safe when trading on illegal websites.

[kimpena]

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.

No. As far as I know, bitcoin is made to create a new currency that will benefit all people in good way. It's just that, there are people using bitcoin in an improper way, which is buying drugs & enjoying porns. I already heard this issue in other dicussions, and I feel so sad too. We can't avoid those kind people in the world, who only wants to benefit theirselves, they just want to get what they want, they do not think of others. This issue may be one of the reasons why other countries do not make bitcoin legal, because they know that there is a possibility that crimes will be done with bitcoin, where government can't handle well due to its decentralization. This may also lead to other countries to banned bitcoin on their own countries. I m hoping for a longer use of bitcoin, and still hoping to lesswn tgose who use bitcoin in an impropee way. Bitcoin is made to help us all, and not only you who commit crimes, do not be selfish. Think of others benefit too and do not focus on yourself only. Let us help each other, cause we all benefited in this cryptocurrency.

[Semar Mesem]

Some people prefer bitcoin than fiat because they feel bitcoin service is better than fiat, we all know that for bitcoin online transactions is better than fiat, transactions can be faster, safer and cheaper than fiat.

[childish]

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 think you just see bitcoin in negative side. many things more useless from bitcoin like help people to get extra money, use as livelihood, and easy for payment

if there is one thinking about nigative side maybe people hate bitcoin

[Sanitough]

It is true that bitcoin is being exploited by criminals, some of which are prohibited by some countries, making some people hate bitcoin.

That cannot be prevented because bitcoin has a value and its money, only those who did not understand will hate bitcoin.
IMO, the system alone is perfect but since it has different users we cannot determine which are for legal transactions or not, that always depends on the users.

[KnightElite]

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 true! The reason why people prefer bitcoin over fiat is because it is tax free and there are many benefits that we can earn by using bitcoins. The transaction is also safe and easier then fiat .

[jilani]

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 fully agree with you.I am not support who guy abuse with Bitecoin such as buy drug by Bitecoin and use bitcoin in porn related sites.It is very bad thing because Bitcoin is not created for this use in illegal sector.

[rafajunior99]

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 fully agree with you.I am not support who guy abuse with Bitecoin such as buy drug by Bitecoin and use bitcoin in porn related sites.It is very bad thing because Bitcoin is not created for this use in illegal sector.

I think this should be stopped by all Bitcoin communities in all countries, because if anything like this in follow-through with the law would have a bad impact on Bitcoin itself, then let the Bitcoin community handle this issue, not by law, so that the whole community and The government will not think Bitcoin is bad with this incident.

[amaydel]

Because there are pros and cons that bitcoin have over fiat. One of the pros to be considered bitcoin has over fiat is its volatility. You can have your fiat lay on the bank and gain a little interest or invest in bitcoin and make your money doubled.

[maulana rifai]

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.

indeed things like that could happen it's hard to stifle. do not worry about it better focus on yourself not to be tempted negative things.

[bunnylegacy]

very unfortunate, due to the unconsciousness of current bitcoint users. because if they know how useful bitcoint it is, surely they realize that bitcoint is very valuable for their future ...
but not everyone does that.
 

[Jembut Ireng]

Some people prefer bitcoin over fiat because they believe that the future of world transactions is bitcoin, just like me, the future of bitcoin will continue to improve over loyal users and be fully supported by companies or developers.

[dettihegedus]

Many people love bitcoin than fiat money because bitcoin price has risen too much in just few years, that generated high profit, made them become billionare in few years, and maybe rise more in the future, so they will keep investing in bitcoin as long as they can.

[Shendy23]

It is really up to the user on how they will earn and spend their Currency even if this is a Fiat or a cryptocurrency, it still could be use in illegal way. I choose on investing crypto currency due to strike price. I could see that even I have a small amount of BTC the value of its became bigger every now and then. Well, I choose this to have investment and gain more efficiently so that I don't need to be and employee anymore.

[dimastegar]

No. Fiat is still the main one. For me, Bitcoin is just an asset (an invisible item) that can be in exchange with lots of coins / money / products. Well, if there is an error in using Bitcoin, this is the user's fault. Not only Bitcoin, all that can be used as a means of payment, can be misused and this is the World. Nothing is perfect, even Blockchain though.

[TeenTouch]

The fact is that you can have anywhere of bitcoins in your wallet and on you might bear in mind about it and no-one can rob you or grab your money which is usually the situation with fiat money particularly if you are transporting a greater quantity.

[bce]

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 am also concerned about the circumstances that use bitcoin for the benefit of a negative outcome but it also depends on the individual human being who does that if there is a system or a way to stop their access to a negative purpose is very good.