Why use Bitcoins ?

[Pierre 2]

I can't really deny way we use bitcoin is hard.
But I can convince people to use it after details. Especially low fees and taxes.

[jayc89]

I can't really deny way we use bitcoin is hard.
But I can convince people to use it after details. Especially low fees and taxes.

Bitcoin could be used as something more than just currency, it could be used as something that people would want to look back on when or if the price of Bitcoin goes down. If Blockchain goes down and there is no people don’t want people to use the network anymore then the price of Bitcoin wouldn’t be relevant to Bitcoin because people would be using it to trade for something else offline.

There might be another currency that will get stronger than Bitcoin though the odds of that being similar to Bitcoin is really high so Bitcoin wins when that happens.

[kelseydustin]

iam use bitcoin because can convert to fiat money
and my income incraese because use bitcoin, iam trading mining and follow signture campaign in bitcointalk

Well, you shoild use bitcoin because it will gives you more income and money. Furthermore, as of now many people already use bitcoin and because of that they could make and earn more income. You should use bitcoin because it will become our future money and if you have bitcoin you could become rich in the future.

I do agree with you. Using bitcoin will give us a chance to become a millionaire in the future since the price of bitcoin always increase. Moreover, bitcoin contains new technology - the blockchain -, make people become anonymous, protect users's identity and moreover, bitcoin is extremely fast right now. All of them are reasons why we should use bitcoin

[angaper]

That is a very interesting subject that would merit serious reflection, since everything that is around the true value of bitcoin seems to be so subjective ... sometimes it seems so impractical for daily life that I tend to think that the market is turning the bitcoin more into an object of speculation than in a true solution to break the hegemony of government and the banking system in the economy of individuals.

It would therefore be possible to reflect on whether bitcoin is now becoming part of the same problem as it begins to be coveted by the big capitals, and knowing that its future and development seems to be in the hands of a few.

[lepbagong]

Bitcoin really has made many ease plus not difficult to use, any time when we need it can be used. As well as for transactions purposes. Have not benefited if we save not taxable, unlike if we put it in the bank.

[richardsNY]

To be honest, the definion of Bitcoin is new era currency for user and control by total user in network. This is interesting point of Bitcoin make many people (include me) very like it.

The decentralization aspect of Bitcoin is also one of my main reasons to use Bitcoin, but unfortunately that's not the case for the majority of the people here. I only see them talk about how they are earning money with Bitcoin (likely through signature campaigns), and that they can become "rich" at some point with their insignificant coin holdings. I think it's safe to say that around 90% of the people here only like Bitcoin because of the financial aspect, and like 10% of the people are genuinely interested in the technological aspect of Bitcoin.

[Egayerm]

Why use bitcoin?
Because It’s made for our generation, Bitcoin was designed with your privacy in mind, It’s fast, secure and global, bitcoin is not subject to inflation, Bitcoin provides financial freedom

[wuvdoll]

Bitcoin is one of the best investment or business in the world because it can make people richer because of bitcoin. I like bitcoin because its just easy to understand and no need to be a professional. You can earn big profit just by holding, trading, and investing.

I agree your point bitcoin is the best investment because of the value. Its fluctuating price that it can make users and investors earn money. I usually use bitcoin for transactions, investing and trading so bitcoin has its advantages thats why most people use it.

Today, the fastest and easiest transactions without any high charges have been made possible just because of bitcoins.

Many will say, other crypto currencies also have this feature but wasn't it bitcoin who gave birth to other digital currencies. It is the most expensive asset and highest profit producing investment. Bitcoin holders enjoy anonymity, high level security and freedom of control to their full extent.

[nakata90]

The reason I use Bitcoin is quite simple as it is a common currency of technology, but its value is also attractive to invest without being taxed.
You can trade to earn extra money from Bitcoin. And Bitcoin can also be used to buy a lot of stuff from this currency

[Aventhe]

Why use Bitcoins ?

I keep seeing threads on “why don't people” ? The real question to me is Why would they ?

-The average consumer will go way out of their way to save money. Bitcoins cost more.
-The average consumer will usually pay a little extra to have convenience. Bitcoin is less convenience and more hoops and complications.

I just cannot see any reason for the average consumer to use Bitcoins. Until average consumers start using Bitcoins they will just be an experiment and a small speculative bubble.

I have my personal reasons, I am interested Bitcoins them as a tech person, speculative investor and person that follows evolving treads and markets. I am just struggling to see any.. benefits for the average consumer at this stage.   

Yes, Bitcoins do cost more, but you get what you paid for. If you buy x amount if bitcoins in fiat, you will get that same amount of value in bitcoins. You can then go to online retailers such as Amazon and Microsoft where you are able to spend your bitcoins in exchange for goods.

However, the main reason for why the average consumer does not use bitcoins is the fact that there are a limited number of local stores that have yet to accept bitcoin as a payment method for their customers. If an individual has no place to spend their bitcoins (locally for food, drinks... etc), then yes, there is no reason for them to start using bitcoin. Unless they want to get involved with the blockchain and maybe use bitcoin as an investment. 

[matuson]

Why use Bitcoins ?

I keep seeing threads on “why don't people” ? The real question to me is Why would they ?

-The average consumer will go way out of their way to save money. Bitcoins cost more.
-The average consumer will usually pay a little extra to have convenience. Bitcoin is less convenience and more hoops and complications.

I just cannot see any reason for the average consumer to use Bitcoins. Until average consumers start using Bitcoins they will just be an experiment and a small speculative bubble.

I have my personal reasons, I am interested Bitcoins them as a tech person, speculative investor and person that follows evolving treads and markets. I am just struggling to see any.. benefits for the average consumer at this stage.   

Yes, Bitcoins do cost more, but you get what you paid for. If you buy x amount if bitcoins in fiat, you will get that same amount of value in bitcoins. You can then go to online retailers such as Amazon and Microsoft where you are able to spend your bitcoins in exchange for goods.

However, the main reason for why the average consumer does not use bitcoins is the fact that there are a limited number of local stores that have yet to accept bitcoin as a payment method for their customers. If an individual has no place to spend their bitcoins (locally for food, drinks... etc), then yes, there is no reason for them to start using bitcoin. Unless they want to get involved with the blockchain and maybe use bitcoin as an investment. 

Something that is not developing trade with bitcoins this is very bad for him as for the national currency. My opinion is that bitcoin did not become currency. Amazon and Microsoft will not solve the problem. Investing in bitcoin puts pressure on price and deters potential users.

[Sadlife]

Because bitcoin has a potential to grow than fiat currencies also bitcoin is fast in terms of transactions, it is reliable and secured and you dont need to pay high fees to just to send your money like paypal. Fiat currencies can be easily hack while bitcoin is secure because all transactions occur in a safe blockchain ledger that can't be hack. How many credit cards or banks accounts has been hacked in this banks ?
People use bitcoin because of it's decentralized feature unlike fiat currency that is centralized and governments can track your transactions or other third parties.

[rodel caling]

iam use bitcoin because can convert to fiat money
and my income incraese because use bitcoin, iam trading mining and follow signture campaign in bitcointalk

i agree that opinion i think the answer fot the question why use bitcoin simple to answer even the beginners in the bitcoin know what is the importance of bitcoin, bitcoin use for everybody because giving hope for the future, gives a daily needs expenses and mny more benefits came from bitcoin.

[Ather_1020]

Bitcoin ensures-
1)Freedom in payment:-
:You can send money anywhere in the world and to anyone
:you dont have to worry about bank holidays or other limitations for tranferring money
:you can control your money.No authority can hold you incharge of how to spend

2)controllability and security:-
:Allows the user to keep control on their own money
:payments can be made without giving personal info.
:bitcoin can be backed up and encrypted to ensure safety

3)Transparency:-
:Anyone can verify transactions
:bitcoin protocol cannot be manipulated by any person
:all finalized transactions can be seen by everyone

[Colt81]

Why use Bitcoins ?

I keep seeing threads on “why don't people” ? The real question to me is Why would they ?

-The average consumer will go way out of their way to save money. Bitcoins cost more.
-The average consumer will usually pay a little extra to have convenience. Bitcoin is less convenience and more hoops and complications.

I just cannot see any reason for the average consumer to use Bitcoins. Until average consumers start using Bitcoins they will just be an experiment and a small speculative bubble.

I have my personal reasons, I am interested Bitcoins them as a tech person, speculative investor and person that follows evolving treads and markets. I am just struggling to see any.. benefits for the average consumer at this stage.   

Well, they should use bitcoin because it will them to gaim and make more income. In addition to that, if they use bitcoin there is a possibility that they could become rich in the future and bitcoin is very profitable. Lastly, I also use bitcoin and it gives me more income and money.

[aryaadikariyansyahsuwarto]

I agree with you, for me why should bitcoin, because for long-term investment, bitcoin is very suitable, why so, it is because the bitcoin price is fluctuating or erratic, so it can be a challenge for the holder.

[yndye]

I use bitcoin because I can trade with it and then have more money. I like trading and I've tried stock market before but then realized that I cannot profit that much because I have just small capital and to profit from it, I should have at least a million so that I can profit even if there are just small movements of price since prices are stable unlike bitcoin and altcoin in which the price fluctuates because of low volumes so as a trader it is ideal for me to trade crypto instead of stocks. I did not attempt to trade forex because it's too complicated for me.

[Eric Muyser]

I've been using Bitcoin since it was $50, and recently stopped. I don't like how much influence on the market and stigma of the crypto space it has, so I discontinue supporting it, at least for a while. If core gets their act together or some other fork, perhaps my faith can be renewed. Otherwise much better to just use Ethereum or something else.

[sarmrakib]

Bitcoin is shocking coin.Its used different purposes. For transferring currency and by holding, mining it gives great opportunity to become profitable as well.

[Lillian89]

With Bitcoin you can conduct transactions all over the world extremely fast at extremely low cost, guaranteeing privacy and high security. What's special, besides buying, you can create your own Bitcoin yourself thanks to a powerful enough computer.