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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)
daserpent
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October 23, 2017, 04:25:41 AM
 #61

I agree. What really drives me into Bitcoin is the freedom over your finances (your bitcoins). Like they say, the only one that you can truly trust is yourself and by Bitcoin we do not need anyone who holds our bitcoins like bank since we can be a bank of ourself as long as you control and store you keys safely then that's it.
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October 23, 2017, 05:27:48 AM
 #62

once i know bitcoin, it did changes my life especially for the way to make money and i feel that bitcoin can be another source for me to have the money. actually i don't thinking too much when the first time i knew bitcoin, i only knew that from bitcoin we can make money and i don't imagine that now the money we can make is unlimited. and yes, now i can solve my financial problem by doing something in bitcoin, not just related with my life but with other people. in bitcoin, i am learning about sharing and teaching.

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October 23, 2017, 05:45:18 AM
 #63

I adopted bitcoin because of technological and innovation that has emerge through bitcoin and blockchain technology generally. I have observed a huge charge by our traditional banking system especially if money is going to be sent to another country and the rigorous processes. But with bitcoin sending money is very easy.
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October 23, 2017, 06:01:46 AM
 #64

I think my motivation is a combination between Ideology and Monetary. After the close call we had with the Banks causing a global economic crisis and the governments bailing them out with taxpayers money, I realized how fragile our financial system is and how much control Banks and Governments have over our money.

I wanted a method to store my wealth without having to include a centralized financial organization, like Banks. Bitcoin afforded me a way to bypass their control over my finances. ^smile^

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October 23, 2017, 06:02:30 AM
 #65

The reason why I like bitcoins is because of this I'm making more money. not like my job that 8 hours a day and fix the income. With bitcoins you hold your time you'll make your money And no one will get mad at you if you make a mistake about what you will do. That's why I chose it. Right now I'm earning money and it's enough to eat three times a day.

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October 24, 2017, 11:44:55 AM
 #66

Technology is one of the reason why adopt bitcoins. Because as of today our world is coping up in an era odf technological advancements and as a human we must adopt it for us not to be late in the future
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October 25, 2017, 05:33:22 AM
 #67

I adopt the use of bitcoin because I am interested in the technology it has. I really like peer to peer, crypto, security. Besides, I'm tired of using credit and debit cards.
The time and era’s technology cannot be neglected because it is the need and if you ignore it so definitely you will suffer in future due to lack of knowledge of technology so, for me, it is very necessary to move with the needs of time.

I am also seeing bitcoin an ideal currency because the decentralization feature of bitcoin is so favorable to people. It is very easy for people to manage everything like business, shopping etc. virtually through bitcoin. 
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October 25, 2017, 05:41:16 AM
 #68

i adopt bitcoins because of technology other countries are already accepted bitcoins as a form of money or as a paying material in every transactions. we must adopt it as soon as possible. that is only based on my own opinion.
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October 25, 2017, 05:45:25 AM
 #69

I adopted btc because of the money revenue potential it has. I dont have any special tallents or skills so btc is the only way i can provide for me and my family. Tehnology wise it is clear that decentralization is the future and i want to get a front ticket in this journey. I hope we could make it togheter and wont let anyone stop this wave of pure intelligence and wealth for everyone.
Me too. I also adopted bitcoin because financial constraints and it is the only and effective way to solve the financial difficulty. With so many uses of bitcoin i only focus to its potential to give you financial freedom.

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November 02, 2017, 06:18:15 AM
 #70

To be honest, I am impressed with the technology and possibility of it. Yes, I do speculation too as I think, being an early adopter you get the benefit of multiplied returns in the long run and as of now, this technology is in the beta stage in my opinion.

The world is getting decentralised in terms of business, politics and in every possible way so making it decentralised financially and that too without the support of any authority or controlled group of people is really a drastic move and I see tremendous possibilities with it in the coming decade.

Yup, Bitcoin is probably just under 1% adoption in population ..... could you imagine the shifts in the world if it reached 7% adoption in population!?

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November 02, 2017, 09:23:24 AM
 #71

My reasons for investing in Bitcoin are monetary, and I believe the "adopters" who came in after 2013 - 2014 are chiefly attracted to it for the same reason.
Well there's absolutely nothing the matter with the monetary gains being one's point of attraction to Bitcoin, someone has to be attracted by something anyway and on getting to know more about Bitcoin, might equally take to other attributes.

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There is no need to lie. You are all here because you also believe in the large monetary rewards that we could possibly get by investing in Bitcoin. Admit it.
There you got it wrong by over generalizing that money is everything! As at 2013, the monetary reward from Bitcoin wasn't half as obvious or possible as it is today and most adopters then were looking for convenience and freedom without compromising security and no known financial system had that to offer until Bitcoin showed up. I was here first for the ideology and technology, but now also for the money!
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November 02, 2017, 10:17:48 AM
 #72

First, bitcoin has a lot of benefits and one thing i like about bitcoin is its anonymity, you can transfer funds to each other without any banks or government institutions looking into your account and getting you hard earned money, saying it should be taxed ot there are hidden fees. The second thing i like most is the technology, it is very secured yet so convenient to use, especially the wallets, and lastly bitcoin's volatility, i think everyone would agree that they are also into bitcoin because of its value, since it beats inflation and gives us more hope in achieving financial freedom.
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November 02, 2017, 10:24:25 AM
 #73

I voted for technology where i like the concept of Blockchain technology where all the business towards blockchain technology .Preople started to believe peer to peer Network . More than this transparency Business using Decentralised database.
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November 02, 2017, 10:43:59 AM
 #74

My reasons for investing in Bitcoin are monetary, and I believe the "adopters" who came in after 2013 - 2014 are chiefly attracted to it for the same reason.

There is no need to lie. You are all here because you also believe in the large monetary rewards that we could possibly get by investing in Bitcoin. Admit it.

true, most of it is very interested in the very much paid from bitcoin. let alone in this forum. in addition, the users who from the beginning have invested must have gained a great profit.

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November 02, 2017, 10:56:54 AM
 #75

Personally I have adopted all of the above, I strongly believed in the ideology of bitcoin as a decentralized currency I do not like third party of transacting business I prefers doing my transactions anonymously, also the technology behind bitcoin is superbly configured using blockchain technology.
Lastly the monetary aspect of bitcoin is second to none, bitcoin can be used to trade, work for bitcoin, gambling, pay for goods and services e.t.c.

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November 02, 2017, 12:31:01 PM
 #76

 Smiley I am into these bitcoin because of all the three options, as you all know that the technology which is the backbone of the bitcoin and which is also the ideology reason for the rise in interest of traders and investors all over the world.I have traded the bitcoins many times and each time i traded the profits were really amazing because of the big difference between the buying and selling entries.And all the credits goes to the strong value and people's interest in the bitcoin for trading thanks to the Ideology,technology and monetary reasons,which are helping traders like me for generating their monthly income.

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November 02, 2017, 12:57:35 PM
 #77

For me, it's a combination of all three values I think, I've been around the Bitcoin community for a reasonably long time now and I've used Bitcoin for every reason you've listed.
In the earlier days the community was much more focused on the ideological aspects than now it seems, that has sadly disappeared a bit, I think.

Also, if you make use of Bitcoin a lot, then it's hard not to like the technology and monetary value behind Bitcoin, you just benefit from it if you use it.

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November 02, 2017, 05:18:00 PM
 #78

To be honest, I am impressed with the technology and possibility of it. Yes, I do speculation too as I think, being an early adopter you get the benefit of multiplied returns in the long run and as of now, this technology is in the beta stage in my opinion.

The world is getting decentralised in terms of business, politics and in every possible way so making it decentralised financially and that too without the support of any authority or controlled group of people is really a drastic move and I see tremendous possibilities with it in the coming decade.

Yup, Bitcoin is probably just under 1% adoption in population ..... could you imagine the shifts in the world if it reached 7% adoption in population!?

Exactly, Bitcoin is gaining popularity day by day and on the other hand, the supply is reducing so as a rule of demand and supply the price is going to skyrocket. Apart from that, I am impressed with the idea of cryptocurrency friendly market environment which is going to sustain the active network of cryptocurrencies. There is good technology, huge community, tremendous scope, limited supply, positive perception and increasing connectivity, what else we want?
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November 02, 2017, 06:59:25 PM
 #79

It's purely for financial gain. Bitcoin is tailor-made for me. Not much of a techie but with google and some assistance from friends. I was able to become some sort of a resident bitcoin guru in the office.
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November 02, 2017, 07:03:59 PM
 #80

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.
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