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Author Topic: Trust Factors in Bitcoin  (Read 190 times)
A Feeder
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September 13, 2018, 03:50:28 PM
 #41

You need to trust in bitcoin because it will source of our money to our financial. Bitcoin have proven to be an innovative fintech with  incomparable transparency and speed so you don't need to worry and because of bitcoin our knowledge will improve.

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bitcoindusts
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September 13, 2018, 04:42:52 PM
 #42

Actually, it is trust that gives bitcoin its value. But don't fret, it is the same for any other investing instrument or valuable assets.

See, fiat currency are mere paper bills that are printed by the central banks. How come those paper holds value? Trust is the answer. Otherwise, these paper bills remain to be paper alone.

But with the central bank dictating that these paper bills are trustworthy enough to be accepted as payment, then none could really argue once that trust is laid upon paper bills or coins.

And the same applies to bitcoin, every piece of bitcoin is trust driven.


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Wall_Streeet
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September 13, 2018, 07:14:55 PM
 #43

bitcoin was originally conceived as a way to conduct transactions on the Internet without the need for a trust factor, so the main factor is the General acceptance of cryptocurrencies
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September 13, 2018, 07:19:37 PM
 #44

Let me rephrase my question, what make you trust Bitcoin? what are the reasons for your belief and trust in Bitcoin?

Anything that pissed off the corrupt individuals and oligarchs is the one we will trust.
It's more of a revenge coin against our government.

”An enemy of my enemy is my friend”


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September 13, 2018, 09:20:39 PM
 #45

This coin is used worldwide. This coin was very successful. Acknowledgment of this coin is a recognition of the whole world. Then anyone will be investing in bitcoin. This is a surplus value. And this is already a success story. This coin is a personal coin. Invest in today. Trustworthiness is very much higher.
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