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Author Topic: Another Good Reason to Own Some BTC  (Read 5010 times)
darkangel
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March 23, 2018, 04:29:22 AM
 #241

Regular bitcoin coins are often compared to gold. gold and bitcoin are valuable storage facilities. They are different from the US dollar and other legal currencies in that they are not issued by the central bank but rather a decentralized system. Bitcoin is a symbol of freedom of ownership. The government can not easily confiscate your bitcoin as you did with gold holders in 1933
rext
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March 23, 2018, 04:31:09 AM
 #242

...

If you are traveling and lose your credit card, but in a country that has a reasonably active Bitcoin scene, you can sell some BTC to pay bills while "over there".

This may become an issue for us.  

Here is a case for having an online wallet, "travels anywhere".
You can cross the national border with all the bitcoins stored in an electronic device or remember the encrypted "key" sequence if you do not want to carry any items. This is the biggest benefit of bitcoin
jokowi
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March 23, 2018, 04:35:13 AM
 #243

...

If you are traveling and lose your credit card, but in a country that has a reasonably active Bitcoin scene, you can sell some BTC to pay bills while "over there".

This may become an issue for us.  

Here is a case for having an online wallet, "travels anywhere".
bitcoin can be profitable. If you want to find profit, bitcoin is quite reasonable investment. Blockchain technology will thrive in the future. You should embrace it now
gabmen
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March 23, 2018, 04:38:34 AM
 #244

...

If you are traveling and lose your credit card, but in a country that has a reasonably active Bitcoin scene, you can sell some BTC to pay bills while "over there".

This may become an issue for us.  

Here is a case for having an online wallet, "travels anywhere".
bitcoin can be profitable. If you want to find profit, bitcoin is quite reasonable investment. Blockchain technology will thrive in the future. You should embrace it now

Hopefully this can be fulfilled in most countries. Tough luck if you happen to be in one like china that doesn't recognize it's use as a transactional means. But who knows. Perhaps in the future we only would need our crypto wallet wherever we go

 
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gambitcoin53
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March 23, 2018, 04:38:42 AM
 #245

...

If you are traveling and lose your credit card, but in a country that has a reasonably active Bitcoin scene, you can sell some BTC to pay bills while "over there".

This may become an issue for us.  

Here is a case for having an online wallet, "travels anywhere".

this will be beneficial only for countries that accepts bitcoin payments, as of today, we are still experiencing limited purchasing power using bitcoin, it is still best to travel to countries that are open to bitcoin, if not, you still have to use the conventional credit card or cash. but i think, in the near future, lots of merchants will be engaging in btc trading and e-commerce, meanwhile, let us all be patient.

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Fundamentals Of
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March 23, 2018, 04:45:53 AM
 #246

...

If you are traveling and lose your credit card, but in a country that has a reasonably active Bitcoin scene, you can sell some BTC to pay bills while "over there".

This may become an issue for us.  

Here is a case for having an online wallet, "travels anywhere".

This is true. And in addition to bills payment, you can also find some Bitcoin ATM stations around the world in case your Bitcoin wallet is already dwindling in BTC and you badly need to deposit some. However, I am afraid this is not as widely distributed as we may want it. We have to admit that while we really want to travel anytime and anywhere we want not using the traditional wallets inside our pockets, we might really find it hard to survive with our Bitcoin wallets alone, especially if we are not really after the huge cities of the world but some hidden gems in the far-flung areas of different countries.
Silentsweeper
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March 23, 2018, 04:48:18 AM
 #247

Bitcoin is a digital currency that originated in 2009 by a software developer. Bitcoins are independent of any central authority. Therefore, no government nor central bank rules over them.Bitcoins come with almost no fees. The fees are lower than other traditional online payments.Bitcoins are by far the one with the largest user adoption and market cap. Therefore, if you have to pick a cryptocurrency, go for Bitcoins! Bitcoins can be a solution to store wealth outside of the traditional banking system and therefore avoiding people to panic when bank runs take place.
DoublerHunter
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March 23, 2018, 01:36:39 PM
 #248

...

If you are traveling and lose your credit card, but in a country that has a reasonably active Bitcoin scene, you can sell some BTC to pay bills while "over there".

This may become an issue for us. 

Here is a case for having an online wallet, "travels anywhere".

This is true. And in addition to bills payment, you can also find some Bitcoin ATM stations around the world in case your Bitcoin wallet is already dwindling in BTC and you badly need to deposit some. However, I am afraid this is not as widely distributed as we may want it. We have to admit that while we really want to travel anytime and anywhere we want not using the traditional wallets inside our pockets, we might really find it hard to survive with our Bitcoin wallets alone, especially if we are not really after the huge cities of the world but some hidden gems in the far-flung areas of different countries.
We need to wait and have patience for the bitcoin to explore and to be known from different countries and when it happen then it will be easy for us to just do what i want because we can easily spend our money and travel around the world because bitcoin is already legalized and accepted by most of the countries and i believed that it soon to happen.
alisaserdceva
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March 24, 2018, 11:47:34 AM
 #249

The creator of the Bitcoin payment system can be called a real altruist. He wanted to create a system of direct electronic payments without the participation of intermediaries (banks), so that payments become instant and practically free.
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