bitbunnny
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February 08, 2017, 05:58:12 PM |
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Sounds good but we are all aware this is utopia. Bitcoin can't replace banks, credit cards, PayPal or other similar services, thuthis is impossibe. World's financial system relies on banks and Bitcoin system just don't have the potential to fuly replace that, let's be realistic. But we can fight for Bitcoin to be more accepted and more equal to fiat money. That would be possible.
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dmamigo
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February 08, 2017, 07:20:07 PM |
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To some extent Bitcoin can replace Paypal, but replacing Banks and Cards are nearly impossible. BTC is not a global currency, so its not possible to stop using Banks and their Services, and moreover the value is very volatile, so using it as usual currency, contains risk for many people.
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Tanic
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February 08, 2017, 08:45:46 PM |
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That is right that we cannot say goodbye to fiat right now and turn on yousing bitcoins only. the problem is that it is not accepted in many place yet. but I am sureif it will come the day when bitcoin will be accepted the same as fiat now - the governement willput its hand on bitcoin as well and we will have to pay as fees as taxes. Nothing actually will change.
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squatz1
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February 08, 2017, 08:50:58 PM |
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This is something that will never really be able to happen bitcoin is one of those things that thrives in it's niche community but once out of it people don't really even know what bitcoin is, they may have heard of it from the whole Silk Road arrests that occurred awhile ago but they don't know what the online currency is.
Plus Bitcoin is way too volatile to be able to be accepted by people on a large scale. Don't get me wrong I love bitcoin for everything it is but I don't think it will ever kill the banks, paypal, credit cards and so on. Pretty outrageous claim.
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Marma Kalari
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February 08, 2017, 10:59:25 PM |
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Why do you allow to governments track your transactions?
The bitcoin is still a new method and it would take a long time for the transition and till then we have no other choice. Why do you you pay crazy taxes for banks, third parties? You still think the government wont tax bitcoin if majority is using
Why don't be your own bank and use Bitcoin only?
That is the best concept of bitcoin as we have the authority to control out money. Why don't create something that will allow worldwide users to buy everything with bitcoin?
It is not that easy ,it will take a really long time for that to happen. Why do you cry about unconfirmed transactions instead of downloading wallet and supporting the bitcoin network?
What is the connection between unconfirmed transactions and downloading the wallet. Bitcoin's future depends on public acceptance, why do you cry of less bitcoin acceptance instead of doing something and creating bitcoin business right now?
Every currency and their future depends upon mass acceptance.
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frendsento
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February 09, 2017, 12:47:33 AM |
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Can I ask you a question also ? why would you not allow the government to track your transaction ? except if you are doing anything illegal ! taxes are not crazy but its already been there since the begging of a nation , Imagine if nobody pay a taxes ? how will the world look like maybe ugly because no one will ever care to spend a single penny to reconstruct a road or build hospitals or schools ! Bitcoin is good but it is not same how bank works , bank is a different entity so don't compare bitcoins with banks ! Bitcoin has already been accepted by the public but that doesn't necessarily mean that it will be the "only" currency it will just be an "alternative" currency because I don't think fiat will be gone in the near future .
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erickkyut
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February 09, 2017, 01:28:13 AM |
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Why do you allow to governments track your transactions? Why do you you pay crazy taxes for banks, third parties? Why don't be your own bank and use Bitcoin only? Why don't create something that will allow worldwide users to buy everything with bitcoin? Why do you cry about unconfirmed transactions instead of downloading wallet and supporting the bitcoin network?
Bitcoin's future depends on public acceptance, why do you cry of less bitcoin acceptance instead of doing something and creating bitcoin business right now?
Integrating bitcoin everywhere is a good idea but stop using banks, paypal and credit cards is not really possible right now. Many people are still dependent on those things when purchasing something. Maybe let's just help promote using bitcoin worldwide. Your idea is really possible but in the future
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RoommateAgreement
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February 09, 2017, 02:53:44 AM |
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To some extent Bitcoin can replace Paypal, but replacing Banks and Cards are nearly impossible. BTC is not a global currency, so its not possible to stop using Banks and their Services, and moreover the value is very volatile, so using it as usual currency, contains risk for many people.
actually bitcoin is a global currency and it is perfect for that. the only valid reason for it not happening is the price being volatile and the fact that bitcoin can not handle large number of transactions. the price will be stable if a large number of people (a lot more than current number) start accepting bitcoin the same way fiat is stable. and the other one can be solved in many ways, that is the hot topic of these days!
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Buying the dip...
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loreykyutt05
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February 09, 2017, 10:17:56 AM |
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Well buddy I get your point to initiate for the widely used of bitcoins all around the globe but that doesn't necessarily mean that we should stop using payment methods that acceptable by the crowd if we do that then we will die on starving because we cant even buy a burger or pizza using bitcoins ! and remember bitcoin is just an alternate currency there is no need for it to compete to other currency !
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paul gatt
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February 09, 2017, 10:58:16 AM |
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we need to combine them. you can not use Bitcoin for any payment, nor you can't use Bitcoin to perform all daily expenses unless Bitcoin becomes official currency of the world like real money. That is when bitcoin is recognized by the government , but this is unlikely to happen. Your way will make your payments is not perfect, I think so
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margarete11
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February 09, 2017, 12:12:08 PM |
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why do we need to stop using banks ,paypal ,credit cards and etc ? it is very beneficial to us it enables us to buy goods or services that we want to in exchanges of fiat or money ! I love bitcoin but it doesn't mean that I should stop using other services ! How can I buy food If I dont have money that only bank can give ? do you get the point ? Bitcoin is a good invention but it doesn't mean that it will replace all the existing payment platform worldwide !
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requester
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February 09, 2017, 12:13:35 PM |
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its not possible to stop banks and other financial institution because bitcoin is not yet accepted legally over the world. whenever it will be accepted by all the nation them we might think of making this international currency. But still many countries had already started researching on the technology to adopt such system in their national financial sector.
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megynacuna
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February 09, 2017, 01:48:10 PM |
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Why do you allow to governments track your transactions? Why do you you pay crazy taxes for banks, third parties? Why don't be your own bank and use Bitcoin only? Why don't create something that will allow worldwide users to buy everything with bitcoin? Why do you cry about unconfirmed transactions instead of downloading wallet and supporting the bitcoin network?
Bitcoin's future depends on public acceptance, why do you cry of less bitcoin acceptance instead of doing something and creating bitcoin business right now?
Infact you've said everything on my heart, we need to get Bitcoin integrated every where within our human system because of crazy government taxes and interference in our privacy. It should be world wide and accessible for all.
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roadbits
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February 09, 2017, 01:57:43 PM |
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Why do you allow to governments track your transactions? Why do you you pay crazy taxes for banks, third parties? Why don't be your own bank and use Bitcoin only? Why don't create something that will allow worldwide users to buy everything with bitcoin? Why do you cry about unconfirmed transactions instead of downloading wallet and supporting the bitcoin network?
Bitcoin's future depends on public acceptance, why do you cry of less bitcoin acceptance instead of doing something and creating bitcoin business right now?
Infact you've said everything on my heart, we need to get Bitcoin integrated every where within our human system because of crazy government taxes and interference in our privacy. It should be world wide and accessible for all. I too agree your opinion, suppose if it happens, and Bitcoin will do all transaction. This will help us lot and save a lot of tax and other expenses. But what about your country government? How will they run your country without money? If we pay the tax, then only they will get money to run our country right? Without getting any revenue, did your government run your country? We are thinking only ourself but we must think about our country also am I right?
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PokerFace3
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February 09, 2017, 05:39:25 PM |
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More and more business will use bitcoin to trade, for sure Bitcoin is still a new thing and people still don’t know about it that much and if you remember, PayPal was not as popular as the bitcoin when it first started and it took it a while to sink in in the internet community, so we just have to give bitcoin some time and keep trying to advertise it so that more number of business will start using it by forgetting all other payment methods.
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novemberwoah
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February 09, 2017, 06:16:11 PM |
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A great way to encourage people to use and expand bitcoin. But I think many people are still doubtful to accept bitcoin because the safety factor. Although the bank system sometimes detrimental, but many people are still comfortable to use because it has a security guarantee. So to get people to stop using banks, credit cards, etc. are still difficult and requires time in order to adapt to move into bitcoin.
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Bitcoin0916
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February 10, 2017, 12:32:15 AM |
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Not easy, we all know that the use of the bitcoin yet great and is still limited to the community. Even in my place, when I asked about bitcoin, nobody knows. This is our main problem, and not a lot of online stores that accept bitcoin so the use of fiat money and the bank is better.
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ethereumhunter
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February 10, 2017, 02:38:51 AM |
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Not easy, we all know that the use of the bitcoin yet great and is still limited to the community. Even in my place, when I asked about bitcoin, nobody knows. This is our main problem, and not a lot of online stores that accept bitcoin so the use of fiat money and the bank is better.
we need more things to do before we can stop from using banks, paypal and credit cards and we need to explain about bitcoin to more people in around us. i think if we have much of money and much of bitcoin, we can start to open store offline like coffee shop, we modify the starbucks concept with our concept and we accepting bitcoin for payment, then we can spread about our cafe in our city then i think many people will know about bitcoin and i am sure that they will be curious to visit in our cafe.
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