Why is Bitcoin important

[silent2]

he is the best of the best, this year I got a good profit, for which I thank him!

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[Iceblast]

now bitcoin can be used as a coin hunted by many people, not because of price but bitcoin function is now very varied, now bitcoin can be used as a medium of exchange in various countries and to buy goods, so bitcoin is very important for users.

[ukstar]

In this online market Bitcoin is a first coin in this world and it is growing very faster worldwide and there are too many devices accept Bitcoins so Bitcoin is a very important for all other company who accept cryptocurrency.

[topleskacah]

This is digital currency Anyone, from any country, of any age can accept Bitcoins within minutes.  There is no ID card, passport or proof of address that all conventional banks required to open an account.  All you need to do to start sending and receiving Bitcoins is to download a Bitcoin Wallet program and generates Bitcoin Address. it's simple

[iconicavs]

In my opinion it's important because it allows money to become like air or the Ocean. Something that just naturally exists in our lives (without being owned by anyone) and allows us to value things in our world and store wealth.

I think in the future the value will not be determined by any government but by the world economy as a whole.

Bitcoin is important because it helps you in many ways especially financially. As a human being we should be responsible for our needs and how we should provide them. Some people grow out tired of their jobs. Some invest to another business and some people invest on bitcoin.

It is highly important due to the fact that it doesn't only multiply the value of money. It could also help you in your expenses and daily needs. Why would we give our time and effort being here if we aren't getting anything right?

[paynercash]

The birth of Bitcoin is a big step for the world. Bitcoins are not owned by any country, they are free to trade. And Bitcoin prices depend on supply and demand. Bitcoins are an ideal asset, they generate income for many, helping them become rich in just a short time. I love Bitcoin.

[Raven91]

In my opinion it's important because it allows money to become like air or the Ocean. Something that just naturally exists in our lives (without being owned by anyone) and allows us to value things in our world and store wealth.

I think in the future the value will not be determined by any government but by the world economy as a whole.

I think bitcoin is important because it is what we need. We desire to earn a little more aside from our jobs so that we can breath from all the expenses. We all need bitcoin and it is the main reason why it is important. I think it is really valuable and in the future it will be needed by almost all of the people. Because anyone can own it, can have it and can benefit from it.

[Kobro]

We all need Bitcoin and this is the main reason why it matters.
Bitcoin can be used as a coin hunted by many people, not because of its price but Bitcoin's function is now very varied, now Bitcoin can be used as a medium of exchange in various countries and to buy goods.

So Bitcoin is very important. for users.

[elisabetheva]

Bitcoin important because it can help many peopl that.have a dream to get rich and to make their dream come thru.

indeed it is not a fake dream, because it has been a lot of evidence has happened, many people helped by the existence of bitcoin.
so add many days that have started to join and try to be able to produce from bitcoin.

[rhea1715]

For me bitcoin is important because when the time bitcoin was discovered, each and every person has something to look forward to. When the time they engaged in bitcoin, the self-worth and confidence of each person rich or poor, as long as you're willing to learn of every tiny little things about bitcoin, got boost up and improved.

[Bertoman]

Bitcoin is important because even though it does not nail it to bitcoin I believe I can earn it and help my parent with this bitcoin,Another advantage Bitcoin is very secure.

[rapwindsoul]

Aside from being secured and decentralized storage of wealth, Bitcoin is important because of the technology it has, that so called blockchain. It is one great milestone in mankind that enables someone to do transactions instantly online anywhere and anytime around the globe without the need of bank and other public/private entities. Bitcoin is the father of all altcoins and we have seen so much development of the blockchain technology in just few years allowing someone to incorporate blockchain technology in different applications in real life.

[prediction on bush]

In my opinion it's important because it allows money to become like air or the Ocean. Something that just naturally exists in our lives (without being owned by anyone) and allows us to value things in our world and store wealth.

I think in the future the value will not be determined by any government but by the world economy as a whole.

Why bitcoin is important? Simple, because the bitcoin provides us money. That's why the bitcoin is important. The bitcoin can supports our needs and supports our family in the expenses in the house or in the daily expenses. The bitcoin is my only source of income so the bitcoin is very important to me.

[donte872]

Aside from being secured and decentralized storage of wealth, Bitcoin is important because of the technology it has, that so called blockchain. It is one great milestone in mankind that enables someone to do transactions instantly online anywhere and anytime around the globe without the need of bank and other public/private entities. Bitcoin is the father of all altcoins and we have seen so much development of the blockchain technology in just few years allowing someone to incorporate blockchain technology in different applications in real life.

Recently, a luxury hotel called the Seehotel Jagerwirt in Turrach, Austria found that all of its electronic doors were locked by hackers and could not be opened unless the hotel made a bitcoin payment to the hackers. As hackers become more sophisticated, we’ll see the constant battle between legitimate businesses and criminals, each one trying to leapfrog the other’s technology. Bitcoin is useful for criminals and people involved with them. So far, it’s not useful for much more other than that.

In spite of its dark character, bitcoin is important because of the technology that makes it work. That technology is called blockchain computing and you’ll be hearing more about it. The effect of blockchain computing is similar to the internet’s effect on traditional computer networks. Where pre-internet networks had a central hub with spokes that communicated only through the hub, the internet allows every node on a network to communicate directly with every other node. That change is profound.

I recently sat down with blockchain legal expert Joshua Klayman of the law firm of Morrison Foerster to learn more about where this can go. Here’s what I learned:


What is Blockchain Computing?

Blockchain computing is a system that can securely contain an entire set of records within it, referred to as blocks. What makes blockchain computing unique is that copies of the entire system can be kept simultaneously on millions of computers located anywhere. Just as the internet obsoleted the hub and spoke nature of a network, blockchain technology does away with the idea that information is stored in a limited number of locations. Blockchain allows information to reside on multiple systems, even millions of them, simultaneously. When a new entry is made into the blockchain, the entire system updates in every location, instantly. An unlimited number of copies of the entire system, updated right to the present moment, is maintained everywhere in the world. Anyone can add a new record to the system but changing an old one would require the consent of every computer on which the data resides, it’s virtually impossible. And that means the records are completely reliable.

Who Cares?

One of the things that intermediaries like banks, insurance companies, property title companies, traders and many other intermediaries count on to collect fees is their reputation for integrity. You send money through a bank because you know it will get there and their recordkeeping is accurate. But if you and a stranger could exchange money without needing a bank or having to pay fees to Paypal or another intermediary, you would. With blockchain, you can. Because a blockchain’s records can be stored on millions of computers around the world, you can always be comfortable that the records are accurate and trustworthy. That means you can use the blockchain instead of an intermediary to send and receive money from strangers and do many other things.

In summary, Bitcoin is so important for your business.

[Hudadahuda2018]

bitcoin is important to me, yes because i work on bitcoin forum and my earnings from this bitcoin, so bitcoin forum is very important, i like bitcoin forums.

It is true what the senior brother said if bitcoin profitable and always give what we want as you currently feel the pleasure of your income. Hopefully I get what I want too.

[ezajavo]

Because bitcoin is the first decentralised digital currency which can be sent through the internet with much ease. The purpose was to make sure that currency is independent of the central authority which can be instantly transferred electronically at low transaction cost.

[CarylnBoy]

Bitcoin is very important because it has a technology called blockchain, it is the first coin in the world and it is growing very fast around the world. Bitcoin can support our needs and assist our families in the cost of indoors or in daily expenses. Bitcoin can be used as a medium of exchange in many different countries and to buy.

[Boysen]

Bitcoin serves a significant purpose for us that are in need of high profits in a short amount of time. Moreover, Bitcoin also serves a bright future for the revolutionizing of the conventional currency we knew and were accustomed today. Bitcoin is important because it fills a niche that no other existing investment in the market could fill. And that is my reasons for believeing that bitcoin isindded important.

[Kahoy01]

The innovative and amazing technology behind bitcoin's creation is something so important in the IT world a lot of experts argue whetger or not it is okay to insert bitcoin as a subject in their curriculum. Bitcoin fills a gap between investing and the common people. Bitcoin could serve the purpose of being the stock markey for the commoners and those who have yet to join in the stocks market.

[alekseidanilov0803]

In addition, the very nature of digital currencies has many advantages in comparison with real counterparts. Payment systems based on crypto currency are fast