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Question: Why did you adopt Bitcoin - Ideology, Technology, Monetary
Ideology - 6 (11.5%)
Technology - 17 (32.7%)
Monetary - 14 (26.9%)
All of the above - 15 (28.8%)
Total Voters: 52

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Author Topic: Why did you adopt Bitcoin - Ideology, Technology, Monetary  (Read 1750 times)
googlebtc
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September 19, 2017, 06:55:23 PM
 #21

the reason why I adopt bitcoin because bitcoin has a big impact in economic change and bitcoin is crypto currency and anyone can have or use bitcoin as their economic change so it will be better with their lives by using bitcoin as their livelihood in search of bitcoin, monetary
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September 19, 2017, 07:01:39 PM
 #22

The world ruled by money. Roll Eyes
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September 19, 2017, 10:11:51 PM
 #23

-The ideology behind Bitcoin

-The technology behind Bitcoin

-Monetary


All of this no doubt.

The first thing that impressed me is about the profit that bitcoin can give. Back in my newbie days, Im really struggling to find other ways to earn $ on the internet. I have found some but the payment is not that worth on how much time I give to the work. Then I encountered bitcoin.

While on the way to my progress here in bitcoin, I learned some other things which includes technical aspects. Bitcoin isn't just for profit purposes. Sending and receiving money is easy and convenient especially if it's on other country. Way faster and better than the traditional money remittances which will eat fees and waiting time. Thanks for our local exchanger as they are the one who made some services like that when someone uses bitcoin.
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September 19, 2017, 10:31:22 PM
 #24

Bitcoin's ideology is a great idea, this was already done before , back then when paper notes didn't even existed. All nations arr producing their old and silver coins, and it was not a bad idea, the currency back then was for everybody, the more coins you have, the more richer you are, and we should remember, that they are using physical gold and silver, two metals that are being valued even up to now, and bitcoin has almost the same concept, no taxes, no fees. The technology of bitcoin is also onr if the best thing that happened in the digital age, we all know that bitcoin was produced through blockchains, and so others are following thus thread as well, bitcoin's technology has given us all hope, since we are not all born in rich families, thanks to the formula of satoshi nakamoto, we now have something worth of value, that can compete with gold, and almost everyone can have access, it is also an advantage of bitcoin since you can mine, even just at your home, unlike gold before, if we can all recall the gold rush, wherein people from different parts of the world gathered just to mine for gold, but now we can do it at the comfort of our own homes. The monetary, at first being valued less than a dollar, it only showed that bitcoin is being considered as bith currench and an a asset, but as far as it goes, bitcoin is becoming more and more of an asset, which also gives us, more capital gains, and in the future we can exchange it to fiat if we wanted to. For me, there are a lot of reasons why i adopted to bitcoin, i can say, it is more of the ideology, since bitcoin was made with a purpose, and not just something you give out to anyone, with no value, like the fiat currency we have today.
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September 19, 2017, 10:55:17 PM
 #25

I adopted bitcoin because of the technology and the future of digital money is so seductive. I have worked in the company but my salary is less for every month, so I make a profit by seeking for bitcoin.

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September 19, 2017, 11:37:35 PM
 #26

I may need to be honest, but first time I venture bitcoin, it was all about money aspect and I think most (not all) of us got interested with BTC or Crypto because of monetary side of it. I saw how BTC sky rocket from 2013 I first knew this. That year, I didn't believe about BTC, I thought it was a plain scam until last year, crypto made a big news especially btc where it went really high to the market. But as I check BTC, you can't deny that part of it is learning and adopting to changes that traditional currency is not the only source of money. It opened my eyes and now I am trying to learn more about the crypto world. Reading and learning about BTC is really fun.
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September 20, 2017, 12:24:48 AM
 #27

Among the three ideology is the one which really pulled me into joining the world of cryptocurrency
Bitcoins vision of being able to leave a centralized source of money is really attractive for me. If you would just analyze the current financial situation we are in right now you will surely see a scheme that puts ordinary citizens in a disadvantage.  And with the help of bitcoin and other altcoins this can be answered. By being able to control what you want to do with your own money is a form of empowerment that was denied for us for a very long time.  Monetary factors for me is just an additional benefit why i joined bitcoin,  earning while being able to do what you want is absolutely wonderful.

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September 20, 2017, 12:33:09 AM
 #28

First, I adopt bitcoin for monetary purposes ONLY, just to earn more and have some profit  but after some transactions i find it VERY CONVENIENT for other transactions like payment of monthly bills, buy some things that you need, deposit cash or fund transfer.

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September 20, 2017, 01:19:39 AM
 #29

At first I adopted bitcoin because of monetary, but now I am loving the way the transactions are doing. It is faster and easier unlike in fiat money. The technology was awesome, too.
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September 20, 2017, 01:25:13 AM
 #30

Among the three ideology is the one which really pulled me into joining the world of cryptocurrency
Bitcoins vision of being able to leave a centralized source of money is really attractive for me. If you would just analyze the current financial situation we are in right now you will surely see a scheme that puts ordinary citizens in a disadvantage.  And with the help of bitcoin and other altcoins this can be answered. By being able to control what you want to do with your own money is a form of empowerment that was denied for us for a very long time.  Monetary factors for me is just an additional benefit why i joined bitcoin,  earning while being able to do what you want is absolutely wonderful.

And i think creating something with this kind of ideology would take years to build up and also years to complete and now it has been how many years that it is in effect. I cant imagine what the team had been through to accomplish this kind of technology. Because i know for a fact that one cant do this alone and i am guessing satoshi nakamoto is team name for whoever created bitcoin.
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September 20, 2017, 01:52:47 AM
 #31

I first get attracted by Bitcoin because of technology that is a very interesting point. Then, after learning how everything works, I felt more comfortable with the monetary aspect. Since the past year, I feel like I see the concept of decentralization in everything, everywhere. That's the ideology.
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September 20, 2017, 02:00:57 AM
 #32

The reason why I am here is to have more bitcoin because of that i am more attracted with the monetary concept. I did adopt it for the sake of monetary purposes only.

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September 20, 2017, 04:12:47 AM
 #33

In the beginning, I was attracted to bitcoin because of the possible high returns but the more I know about it the more I like the ideology behind it.

Yes, @Wind_FURY, my reasons were primarily monetary but I prefer investing in something that gives me high returns and has ethical roots that I like than investing in something that gives me high returns and it is against my moral principles.

Not only that, I also like bitcoin because of the blockchain technology, which can have many uses apart from the monetary one.


If you invest in Bitcoin because of "ethical roots" then you are in the wrong train. Bitcoin is a medium of transaction for buying and selling illegal drugs, as payment for access to pedophile sites, payment for prostitution and many others that include murder for hire and the like.

Were are all here for the chance to get high monetary rewards. There is nothing wrong with that, but not admitting to it is.

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September 20, 2017, 04:59:14 AM
 #34

your option lacks the most appropriate response in my opinion: All of the above.

it really doesn't have to be only one of these reasons. it can very well be all of them and more. people can have many different reasons, some start from one reason and continue to others. for example i liked the fact that i could earn money from bitcoin and how profitable it is but later on i did some research and found out about what it really means and that led me to investing in it not the monetary gain.

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September 20, 2017, 06:55:23 AM
 #35

Honestly, at first it's monetary, I was interested because my friend say I could earn while I'm in school. It isam very enticing. I think most students are willing to do bitcoin because of the money it can give.
But while learning and understanding beyond the money and transactions, everything falls into an ideology and technology. I can see now how technology is built with strong fundamentals. I can picture a world build with just technology. And I am quite also worried how computers can run theirselves now. I just hope people still have a part in orocesses. I think some will loose their jobs when technology takes over.
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September 20, 2017, 07:24:09 AM
 #36

to be honest it is all of them. maybe some reasons are more bold for me but they all exist.
I obviously enjoy the profit that I am getting from bitcoin with its ever rising price. specially since I have been around for a couple of years and I have old coins from the old days. like this bad boy:

https://bitcointalk.org/index.php?topic=1906873.0


but I have come to like all the rest of bitcoin too. the ideology and the technology behind it. I find bitcoin a big revolution in economics and financial system both as bitcoin being a decentralized currency and also as a technology that changed a lot in the past few years.

Only Bitcoin
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September 21, 2017, 03:30:50 AM
 #37

I adopted Bitcoin because of the ideology. The thought of the people having a say in how the future economy functions is heart warming really.
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September 25, 2017, 07:53:37 AM
Last edit: October 05, 2017, 06:09:32 AM by bitgolden
 #38

Purely monetary at first, I am now highly interested in its advantages (such as trustlessness and decentralization) and I no longer trust private banking institutions.
Well I adopted bitcoins due to Ideology and Monetary features. Bitcoins ideology is the concept of a decentralized economic system for the world because world is running a centralized economic system each country has its own system and own preferences. It is the future of the paper money, a global currency for the world.

I guess many people adopt bitcoins without proper reasons and over time they start realizing the real worth of it like me.

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September 25, 2017, 09:35:17 AM
 #39

I'm mainly here because of the economics behind bitcoin. I'm not a tech guy at all. But i'm interested in using something that can help decentralize the financial markets and get power away from these small elite that are feeding off the rest of the population just performing things that bitcoin can do without a central entity.

The fact that bitcoin has a limited amount, just like gold and silver, is also very attractive to me.

All in all, i believe that bitcoin is going to be HUGE in the years to come.

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September 25, 2017, 09:41:29 AM
 #40

I adopted bitcoin because of its excellent technology. Privacy, decentralized, and not easily traced and easy to transact between countries make me fall in love with bitcoin. One more, I adopted bitcoin also because of its high selling value.

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