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crazy-pilot
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July 10, 2018, 10:55:45 AM |
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Bitcoin protects people from the centralised world economy where everything is controlled by the government. For instance bitcoin enables community users to determine prices they want to sell or buy. Hence the majority determine the price.
I agree with you. As for me personally, it is the best way to earn money, not to be connected with corruption government. Only in this way we all can go for yourself. |
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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solenn heussaff
Member
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Activity: 116
Merit: 16
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July 10, 2018, 10:57:57 AM |
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Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars, natural disasters such as Earthquakes, hurricanes, cyclones, economic crisis, 9/11 terrorists attack etc.. so gold and silver are a store of value. Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls. As a commodity, what does Bitcoin price show or protects people from ??  For me, bitcoin protects people from being scammed by other banks or hackers. Since bitcoin is secured, it lessen the chance of being hacked by hackers or scammed. It also protects people from being greedy. |
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Eureka_07
Sr. Member
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Activity: 1750
Merit: 260
Binance #SWGT and CERTIK Audited
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July 10, 2018, 11:10:09 AM |
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Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars, natural disasters such as Earthquakes, hurricanes, cyclones, economic crisis, 9/11 terrorists attack etc.. so gold and silver are a store of value. Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls. As a commodity, what does Bitcoin price show or protects people from ?? For me, bitcoin protects from hackers and scammers because nowadays scammers and hackers are prone in the philippines and bitcoin users wants to avoid scammers and bitcoin protects people from having a interest from banks because users of bitcoin do not have interest and the money that they earn is only for them not sharing from banks. |
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franciscoDC
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Activity: 357
Merit: 10
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July 10, 2018, 11:10:18 AM |
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Bitcoin has a lot of purposes,first of all bitcoin was bring us for secured system,and you dont need to worry about your money because it has a lot of authentication, and also we are only able to see our transaction with our identity and other could see only the tx hash,these are the thing that bitcoin is has.
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#davidnugroho
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Activity: 317
Merit: 0
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July 10, 2018, 11:33:41 AM |
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Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars, natural disasters such as Earthquakes, hurricanes, cyclones, economic crisis, 9/11 terrorists attack etc.. so gold and silver are a store of value. Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls. As a commodity, what does Bitcoin price show or protects people from ?? bitcoin like stock prices that could rise and fall drastically this and this our efforts to keep the value of bitcoin to remain stable and always go up we can do by maintaining investment and attracted many investors come to be interested in bitcoin virtual coins. |
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ForkioTeam
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July 10, 2018, 11:51:13 AM |
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Bitcoin is the future.My opinion bitcoin users will use more often
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BenRayfield
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July 10, 2018, 12:36:30 PM |
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Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars, natural disasters such as Earthquakes, hurricanes, cyclones, economic crisis, 9/11 terrorists attack etc.. so gold and silver are a store of value. Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls. As a commodity, what does Bitcoin price show or protects people from ?? In your message, you replied. Perhaps we can draw an analogy with gold? And call Bitcoin digital gold? |
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[ProTrader]
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July 11, 2018, 11:14:04 AM |
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Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars, natural disasters such as Earthquakes, hurricanes, cyclones, economic crisis, 9/11 terrorists attack etc.. so gold and silver are a store of value. Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls. As a commodity, what does Bitcoin price show or protects people from ?? I Bitcoin protect people from inflation and maintain their wealth of because Bitcoin cannot be reproduce. It also protect people from corruption if it will be use in the government because Bitcoin transaction is transparent and can be viewed publicly. |
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coromabur
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Activity: 147
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July 11, 2018, 11:29:46 AM |
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Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars, natural disasters such as Earthquakes, hurricanes, cyclones, economic crisis, 9/11 terrorists attack etc.. so gold and silver are a store of value. Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls. As a commodity, what does Bitcoin price show or protects people from ?? Bitcoin can protect people from crime, Bitcoin Users have full control over their transactions, it is not possible for sellers to create unwanted or unnecessary bills as can happen with other payment methods. Payment with Bitcoin can be made without including a personal identifier for the payment process. This provides strong protection from identity thieves. Bitcoin users can also protect their money with backup and encryption. |
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Mr. Ar_Mongi
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Activity: 332
Merit: 15
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July 11, 2018, 11:43:44 AM |
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Bitcoin has brought the ideas of cryptocurrency and blockchain to the broad masses of people. People are becoming less dependent on their governments and banks. Bitcoin gives freedom to all of us. People have an alternative to the inflationary currency, which the government imposes on us.
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thinkabout
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July 14, 2018, 03:25:58 AM |
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There is no way to verify blockchain anymore. But for the catastrophes you mentioned, that will not happen. Bilcoin can protect you when the government decides to devalue your country. Because you invest your property in digital.
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Anhmai
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Activity: 124
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July 14, 2018, 03:37:48 AM |
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Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars, natural disasters such as Earthquakes, hurricanes, cyclones, economic crisis, 9/11 terrorists attack etc.. so gold and silver are a store of value. Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls. As a commodity, what does Bitcoin price show or protects people from ?? Bitcoin protects users with their high-security technology and, above all, they will not disclose information. But the money in the user account they have to take charge of the management. If they are stolen by a Bitcoin scamer there is no responsibility to get it back because it is your fault |
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ajaymukund
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Activity: 784
Merit: 10
https://streamies.io/
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July 14, 2018, 03:44:29 AM |
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Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars, natural disasters such as Earthquakes, hurricanes, cyclones, economic crisis, 9/11 terrorists attack etc.. so gold and silver are a store of value. Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls. As a commodity, what does Bitcoin price show or protects people from ?? Actually Bitcoin is just a business, we are investors. It's like the stock market and Bitcoin does not protect us. We protect ourselves from the risks of investing in our experience. |
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gesdan
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July 14, 2018, 03:49:22 AM |
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until right now I don't think that bitcoin is more good than the gold and silver because the value of bitcoin is changes every time, it makes that the price of bitcoin is unstable, but there are many people in this world that believe in bitcoin that bitcoin can be the next commodity like gold and silver because we can see right now years by years the price of bitcoin is increasing more and more
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Jombrangs
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July 15, 2018, 06:50:10 AM |
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The Company of bitcoin protects people from scammers that pretend to be a good kind of business man or woman to get the investors money, to earn an income in a bad way for their on good.
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maichimoto
Newbie
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Activity: 238
Merit: 0
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July 15, 2018, 07:10:53 AM |
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Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars, natural disasters such as Earthquakes, hurricanes, cyclones, economic crisis, 9/11 terrorists attack etc.. so gold and silver are a store of value. Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls. As a commodity, what does Bitcoin price show or protects people from ?? For me, bitcoin protects people from being scammed by other banks or hackers. Since bitcoin is secured, it lessen the chance of being hacked by hackers or scammed. It also protects people from being greedy. i would say crypto users are more vulnerable to get hacked than fiat users. It's because of lack of education. You hear about crypto hacks every week, how often your fiat bank account got hacked? Even if so, you're likely to get reimbursed |
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Akiko
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July 15, 2018, 07:19:03 AM |
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The Company of bitcoin protects people from scammers that pretend to be a good kind of business man or woman to get the investors money, to earn an income in a bad way for their on good.
Also from the disasters like what op says, because your Bitcoin is in the safe place like cold wallet, hardware wallet. Or even the scammers or a thief that wanted to get your assets especially your Bitcoin because it is a digital. |
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GeckoTrader
Jr. Member
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Activity: 196
Merit: 3
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July 15, 2018, 07:20:47 AM |
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AS per my knowledge, bitcoin can protect people from devaluation of your fiat currency. This is because when the goernment make a decision to make the price of their money lowered. Also, Inflation, you can avoid inflation by investing in bitcoin. LAstly is your identity in your bank. Here in bitcoin is much more anonymous compared to bank.
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haanhictu
Newbie
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Activity: 1560
Merit: 0
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July 15, 2018, 07:23:00 AM |
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Controlling inflation is impossible, and we can only control it
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Jesusghergo
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Activity: 294
Merit: 10
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July 15, 2018, 07:26:48 AM |
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I will answer this question just only based on my experience in using Bitcoin. This crypto currency protects people from hassle in having their financial transactions. Well Bitcoin is really a great crypto currency that lets people to avoid a slow transactions and processes as well as having a secure way of transferring money which the user is anonymous because it is a decentralize currency.
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