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ubay
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November 21, 2017, 06:16:31 AM |
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Because bitcoin does not require an intermediary like fiat, it can run itself on blockchain. The sender and receiver are the full holder of the bitcoin, plus the bitcoin security level is very strong.
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The trust scores you see are subjective; they will change depending on who you have in your trust list. |
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thenameisjay
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November 21, 2017, 06:18:57 AM |
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Bitcoins have no middlemen meaning bitcoins are decentralized. No government or country owns all the bitcoins. Bitcoins have little to no transaction fees compared to fiat money. Bitcoins are untraceable and hackers can not follow your bread crumbs making bitcoins unhackable.
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Snub
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November 21, 2017, 08:11:50 AM |
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people prefer BTC because BTC is much more safer than FIAT. Fiat has an inflation, centalized goverment that controls and prints it, BTC don't have it all, and it can't be printed by anyone, it can only be mined.
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trevie_neiI
Newbie
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Activity: 5
Merit: 0
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November 21, 2017, 09:49:54 AM |
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Bitcoin is private, secure, transparent, tamper-proof, easy for international transfers. All these are much better than fiat. Of course I don't think bitcoin will replace fiat due to its limited quantity.
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Chinylawka
Jr. Member
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Activity: 179
Merit: 1
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November 21, 2017, 09:53:38 AM |
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Fiat is needed now only to pay for food and stuff. bitcoin is a means of investing
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Fielbairdi
Jr. Member
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Activity: 156
Merit: 1
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November 21, 2017, 10:02:24 AM |
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Money should be stored in fiat. Bitcoin is a risk like a casino
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rinny
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Activity: 38
Merit: 0
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November 21, 2017, 10:35:11 AM |
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Bitcoin has a lot of features and because of that features people from every field are getting benefits from bitcoin so they prefer bitcoin over fiat.
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Rashid555
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November 21, 2017, 12:06:18 PM |
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Some people prefer bitcoin over fiat because they are the users who are making payments through online they purchase things online and they pay for them online like online shopping malls are operating now who accepts bitcoin. The digital currency can be used everywhere in the world like in the developed countries. Some engineers make software’s and they are demanding in bitcoin.
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zentdex
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November 21, 2017, 03:42:48 PM |
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In fact a few people utilize the bitcoin as a money for obtaining unlawful stuff. However, I imagine that market fuel the bitcoin which convey it to the general population and government spotlight, I'm alluding to the Silk Road commercial center. In light of my readings, Satoshi intend to make the cash wild by the legislature or privately owned business along these lines opportunity to utilize it in an unlawful way has its spot. This is the scourge of opportunity simply like what happen to the web, it is additionally produced for the great and progression of humankind, yet underhanded works dependably have their spot.
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akmittal
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November 23, 2017, 07:25:19 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.
I am fully satisfy with your views about bitcoin. But Bitcoin is not ment for buying drugs, gambling and porn sites. This misuse must be stopped. |
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saedasda
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November 23, 2017, 10:19:53 PM |
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I believe that almost all people who prefer bitcoin is business minded not just to use to buy stuff but to hold for a long term and earn profit. They can see the potential of bitcoin.
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pushups44
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November 23, 2017, 10:24:56 PM |
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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.
I hate to break it to you, but fiat currency is far more widely used for these things. Cash in particular provides unparalleled anonymity, whereas bitcoin transactions can be tracked through the blockchain. Bitcoin is pseudonymous, not anonymous. Blaming bitcoin or any other currency for these supposedly immoral activities is misguided at best. |
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paaatrisya
Newbie
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Activity: 14
Merit: 0
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November 25, 2017, 01:33:10 AM |
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The transaction in Bitcoins occurs almost instantly.
Bitcoin Network is Secure and very very strong, you control your coins
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malekbaba (OP)
Legendary
Offline
Activity: 1526
Merit: 1026
SellDefi.com | Earn by selling files
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November 25, 2017, 02:22:14 AM |
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The transaction in Bitcoins occurs almost instantly.
Bitcoin Network is Secure and very very strong, you control your coins
I do not agree with you. BTC is not swift at all. Use western money union. You will get paid within seconds. Remember what happened few days ago. When most of the miners switched to BCH, instead of BTC and hardly some blocks were being mined? I sat idle for 20 hours and was not able to tx my BTC. Well ya, BTC is secure, still innovative awesome tech, no doubt |
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10yearsolder
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Activity: 114
Merit: 10
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November 25, 2017, 02:27:07 AM |
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Because bitcoin does not require an intermediary like fiat, it can run itself on blockchain. The sender and receiver are the full holder of the bitcoin, plus the bitcoin security level is very strong.
That is perfect. With Bitcoin, we are totally free and on our own. With fiat, we are actually under the rules and regulations of the central bank and other banks and the government. Bitcoin is giving us a certain level of freedom. In terms of security though there are still risks as hacking is a very strong threat for now. But let us just practice high level of caution in our transactions as well as in sharing some wallet info. |
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King Sastro
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November 25, 2017, 03:15:17 AM |
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When compared with cash transactions, of course bitcoin many advantages, for example is a cheaper transaction costs, other than that cash transactions are limited to direct meetings while currently increasing online transactions that require bitcoin rather than cash.
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benalexis12
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November 25, 2017, 03:21:05 AM |
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Because bitcoin has value like a physical hold and fiat money is backed up by government. But in the real world fiat money is use by people to buy goods and bitcoin is use for online transactions.
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chip211
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November 25, 2017, 03:28:25 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.
You have mistaken it for nothing, the mistake is that you use bitcoin for the purpose. Bitcoins help us to become rich rather than turn us into bad guys. |
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GrenadeSucker
Newbie
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Activity: 18
Merit: 0
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November 27, 2017, 02:25:27 AM |
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I do not think that bitcoin is the strongest currency now. It isn't yet aswell well-liked for me simply because within my country most of them dinot know abut it yet. For me personally the best forex is dependant on the forex which you're residing. I am living in Belgium therefore the strongest currency for me is Philippine Peso.d o
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lestariptr
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November 27, 2017, 09:08:09 AM |
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Bitcoin is widely used Some people, prefer bitcoin over fiat because in some places there is tax-free bitcoin. Some of them may benefit from some sites offering bonuses to customers who pay bitcoins.
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