Kprawn
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May 16, 2017, 04:31:15 PM |
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It is a Game Changer because it disrupts the whole financial system. Banks are forced to change, because Bitcoin gives people a alternative and this is also applicable to monopolies like MoneyGram and Western Union. We are given an opportunity to offer unbanked people a solution to enter the financial system, but this is all falling apart now, with the scaling not being done. We cannot grow and help these people, if our solution is crippled by scaling issues.
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CoinFoxs (OP)
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July 04, 2017, 08:57:18 AM |
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1.Bitcoin changes financial condition of many people who don't have any source of income before joining bitcoin.
bitcoin is just money and people who can make money will make bitcoin too and vice versa. bitcoin doesn't change anything about it. 2. It give platform to investor to get high profit by investing money.
a trader trades anything, bitcoin, altcoin, forex, stocks, gold and makes money from all of them. 3. Many people start their business offline by earning from bitcoin.
this also can be done with fiat. if you can run a business you can do it with bitcoin too. and vice versa. in short none of your reasons sound to me like any "game changer". however, if you see bitcoin as this decentralized cryptocurrency that you can use safely and without needing any banks or any third party for that matter, then you start getting closer to the meaning of "game changer" and all the things you listed can be somewhat true. 1. I am talking about those who have no proper source of income before joining bitcoin, so after joining bitcoin their financial condition changed. 2. Traders trade everything but this forum give them a platform to know about other crypto-currencies and get profit by investing money, and gold is not as much profiteable bitcoins or altcoins trading is more profitable. 3. I meant to say that people need capital to start business offline or anywhere so bitcoin help them to make capital for starting business offline.
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bobitza
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July 04, 2017, 09:08:33 AM |
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It is a Game Changer because it disrupts the whole financial system. Banks are forced to change, because Bitcoin gives people a alternative and this is also applicable to monopolies like MoneyGram and Western Union. We are given an opportunity to offer unbanked people a solution to enter the financial system, but this is all falling apart now, with the scaling not being done. We cannot grow and help these people, if our solution is crippled by scaling issues. I do not think that bitcoin can disrupt the finance, it's just a virtual currency with a few minor uses. It has the power to make quick transactions and not have to spend too much money.
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CoinFoxs (OP)
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July 04, 2017, 09:11:51 AM |
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1.Bitcoin changes financial condition of many people who don't have any source of income before joining bitcoin.
I am one example of those people. I do not have any credit card or access to internet banking/money back then. I always wanted to create my own website with top-level domain but I couldn't as I do not have 'money' to purchase domain online. I was forced to use domain that people do not know of or feel scammy such as .tk, .ml and other free sub domains. Bitcoin changed my online life. With Bitcoin (and signature campaign), I am able to purchase top-level domain from Namecheap and hence creating a more creditable website. To add on, it enable me to start my own online businesses. As a Legendary member, been in the Bitcoin world for many years, I have never purchase any Bitcoin but it totally changed my online lifestyle. TLDR; Bitcoin gave me a head start in my career. That's what i want to get that it changes life of many people as you told that bitcoin is head start for your career, same in case of me before joining bitcoin i have no source of but now i can easily meet my expenses. And it also help me to invest in different altcoins.
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Fr33M@n
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July 05, 2017, 12:25:30 AM |
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Bitcoin is a game changer, that's a fact. For me it is more comfortable way to keep online profits and transactions, but for banks it is real headache
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Anegg
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July 05, 2017, 12:59:12 AM |
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Do you think bitcoin is a Game Changer? If yes then enlist your reasons?
For me:
1.Bitcoin changes financial condition of many people who don't have any source of income before joining bitcoin. 2. It give platform to investor to get high profit by investing money. 3. Many people start their business offline by earning from bitcoin.
Of course its a game changer and that is mostly due to how Bitcoin is not controlled by anyone, and how it is decentralised. It gives people kinda off a buffer if there Fiat currency goes down in value, because Bitcoin will not be affected, or affected very little. Since it is also decentralised, it gives people financial freedom. It also breaks the normal payment methods and has the potential to become mainstream, especially after the recent news there has been an influx of merchant acceptances.
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Sadlife
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July 05, 2017, 01:13:40 AM |
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Definitely a game changer man, in terms of financial freedom tis digital currency is also a savior from unemployed individuals like no doubt that bitcoin made me independent, self-sufficient and now doesn't depend on anyone in matters concerning money. I hope to earn more with this decentralized currency rather my own debt base fiat currency that is overrated and over regulated and controlled by bankers. Ive decided to quit my real job cause i was not really earning but just getting worn out everyday with over time so i decided to learn bitcoin.
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darklus123
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July 05, 2017, 03:52:23 AM |
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1. Bitcoin gives an opportunity to those people who cant afford to open a bank account to save amounts. 2.bitcoin change the way i look at a currency 3.the ease to send money from country to country as having zero fees(still possible) 4. Bitcoin increases my income(as long as i have smart phone and net connection i can do side job in my office during breaks 5.bitcoin changes the way people live wifhout bringing cash or cards
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Prodigan786
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July 05, 2017, 04:15:31 AM |
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I do agree with 2 things happening one of my friend doing bitcoin and other crypto activity for his livelihood because he don't have job. Some colleagues using bitcoin for trade and get high profit. Third one I dint find till now in my circle.
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Kakmakr
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July 05, 2017, 06:33:20 AM |
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Since the creation of Bitcoin no cryptocurrency or private blockchain has compared to the exponential power of the longest running, immutable, peer-to-peer, distributed ledger. - This is the game breaker for me. Source > https://news.bitcoin.com/bitcoin-trusted-immutable-ledger/ Bitcoin is not like Ethereum, because Ethereum has reversed a smart contract. Meanwhile, Bitcoin has never broken the trust of its user base. The Blockchain has stood the test of time and it is still the best Crypto currency for people to use. ^smile^
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smileee
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July 13, 2017, 02:45:15 PM |
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Do you think bitcoin is a Game Changer? If yes then enlist your reasons?
For me:
1.Bitcoin changes financial condition of many people who don't have any source of income before joining bitcoin. 2. It give platform to investor to get high profit by investing money. 3. Many people start their business offline by earning from bitcoin.
Bitcoin is really "A Game Changer". It made me change my thinking and business. But, it only changes the fate of those who know how to use it effectively. This game depends on the skill and luck of the player. So, before joining this exciting game, you need to find out thoroughly about Bitcoin and play smart.
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oegarod
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July 13, 2017, 02:48:57 PM |
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Its completely a game changer and the change happens based on the trust we have over the bitcoin as well the entire network. If you go through different real incidents you'll understand it clearly. Users trusted and invested got their lives changed from a normal living to a luxurious living through bitcoin.
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Kprawn
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July 13, 2017, 02:51:09 PM |
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It is a Game Changer because it disrupts the whole financial system. Banks are forced to change, because Bitcoin gives people a alternative and this is also applicable to monopolies like MoneyGram and Western Union. We are given an opportunity to offer unbanked people a solution to enter the financial system, but this is all falling apart now, with the scaling not being done. We cannot grow and help these people, if our solution is crippled by scaling issues. I do not think that bitcoin can disrupt the finance, it's just a virtual currency with a few minor uses. It has the power to make quick transactions and not have to spend too much money. It has already shown it's disruptive power by forcing remittance companies to adjust their fees. Previously these companies could charge what they wanted to, because there were no real competition. Even the banks were forced to innovate with their banking systems and fee structures. You will also see how much influence it has as soon as the scaling issues are resolved. Watch out PayPal, we coming for you.
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northstarh
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July 13, 2017, 02:57:26 PM |
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It is a Game Changer because it disrupts the whole financial system. Banks are forced to change, because Bitcoin gives people a alternative and this is also applicable to monopolies like MoneyGram and Western Union. We are given an opportunity to offer unbanked people a solution to enter the financial system, but this is all falling apart now, with the scaling not being done. We cannot grow and help these people, if our solution is crippled by scaling issues. I do not think that bitcoin can disrupt the finance, it's just a virtual currency with a few minor uses. It has the power to make quick transactions and not have to spend too much money. No, I think bitcoin can not disrupt finance, it's like a means to economic development of a country, the biggest problem is its risks, it's like a double-edged sword.
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