What does Bitcoin protects people from ??

[rosemary4u]

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.

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[phenomeseb1]

Bitcoin is anonymous.... Also easy and free transactions as in..u can make transactions anytime ..ur wallet ur bank..most wallets has no limits

[BTC.Turtle]

It protects you against : Fraud, Identity theft, Higher middleman fee, limited access and most importantly you own the bitcoin.

[BitcoinHodler]

Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars and natural disasters such as Earthquakes, hurricanes, cyclones etc.. so gold and silver are a store of value.

during disasters such as wars,... food and shelter is the store of value not gold and silver. you can't shove gold up your bum and get warm when nuclear winter happens

As a commodity, what does Bitcoin price show or protects people from ??   

bitcoin is a currency. a currency is not supposed to protect you. a currency is a medium of exchange. you give unit of currency and receive goods in return!

[Siren]

Bitcoin can protect people from :
1. Money inflation, that's meaning when the price of money of your country go down, your assets is still safe because bitcoin is cryptocurrency.
2. Devaluation, protect you when the goverment make a decision to lowered the price of money of your country.
3. Depresiation this same with devaluation, just because different reason or the goverment.
4. Natural disaster, protect your assets when your place got a natural disaster, because you invest your assets in digital.
5. Crime, protect your assets from s crime activity
Maybe another friends can give you another answer. Thanks

Youre right on devaluations protection when governments lowered the money price,but we are facing this daily when dropping of prices happening becauseof volatility.so this is much riskier than devaluation

But all of your points are greatly appreciated since you have mentioned the hardest part of money and the goodnessof bitcoin

[longwintershere]

Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars and natural disasters such as Earthquakes, hurricanes, cyclones 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 don't think bitcoin is meant to be a commodity, that is the thing. It's primary purpose is to be used for transactions and I hope that will really happen one day

[HumberGuns]

Bitcoin is just an instrument like any others...
It always depends on the use you make of it!

[thereactor334]

at present people are losing money in Bitcoin because Bitcoin is not staying at $7000 also

Invest on other coins now rather than waiting for bitcoin to go to moon again. Try to invest on LEDU Coin. which offers great deal and brings professional development to the next level

[tegarp90]

Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars and natural disasters such as Earthquakes, hurricanes, cyclones 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 can answer, bitcoin can save people from TAX 
Because they can hdie their wealth, this is one of the reason why bitcoin is so popular and most countries banned it.

[arya123210]

Yes many bitcoin services for everyone because they have helped everyone to get very easy money and very easy job to search in bitcoin so everyone who has recognized cryptocurrency surely they are very thankful for cryptocurrency because from there they can forgive the family they are from bitcoin or cryptocurrency

[athanz88]

I will add one thing. Bitcoin can saves you from technical difficulties on transferring your wealth to a new place if you decided to move to other country or other place.

[Jordens]

Still, bitcoin is still far from gold and silver. There is no such guarantee of safety of funds, especially since the cryptocurrency market is so unstable in recent years.

[ladydark]

Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars and natural disasters such as Earthquakes, hurricanes, cyclones 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 ??  

Since bitcoin supply is limited,its free from deflation.Also its the only asset which gives the highest ROI today for the investors.Also it makes people's investment free from the hands of governments.

[darkangelosme]

Bitcoin / cryptocurrencies is protecting us from 1st  big taxes from the government, 2nd it's also protecting us from big fees in sending money abroad. Just my opinion  .

[gobingo]

I think so too that bitcoin can be like gold that can protect our property, because people are more comfortable to store their treasure in bitcoin in difficult circumstances such as disaster or during a war, because cryptocurrency is a practical place.

[jcarlo]

Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars and natural disasters such as Earthquakes, hurricanes, cyclones 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 is new economy system using blockchain system and creating transparant in every transaction. Gold trusted because peoples believe for thousand of years and bitcoin is just 9 years. Bitcoin protecting peoples from duplicating transaction its more trusted than fiat money right now

[duc4487]

Well unlike other kind of monetary, Bitcoin is not backed by anything physical, like gold or silver. You could store all of your asset in one single device, so it is easy to bring along. It keeps you away from inflation, even though the value of your country currency go down, your asset remains the actual value as bitcoin is a  crypto currency. Also, Bitcoin allows people to perform Anonymous transaction with security at a higher level than ever.

[NCN_Moon]

Bitcoin can protect the people who are living in countries where their fiat currencies are not so stable. Even though it is considered as a mean of speculation in most countries, Bitcoin is the most known and secure cryptocurrency that can act as the medium of exchange or the store of value in those countries.

[tebzzz]

Well unlike other kind of monetary, Bitcoin is not backed by anything physical, like gold or silver. You could store all of your asset in one single device, so it is easy to bring along. It keeps you away from inflation, even though the value of your country currency go down, your asset remains the actual value as bitcoin is a  crypto currency. Also, Bitcoin allows people to perform Anonymous transaction with security at a higher level than ever.

I think there is a physical bitcoin, but the exchange rate is the same as bitcoin on the electronic wallet of the coin holder. that's not wrong. bitcoin in physical form as well as gold and its value will follow the trajectory that is in the market. does not rule out the next few years will be more bitcoin used by people for free transactions. but for now it has not been done because there are still many countries that have not allowed bitcoin as a means of legitimate payment.

[qwertyup23]

Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars and natural disasters such as Earthquakes, hurricanes, cyclones 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 ??  

Protection against inflation

I do agree but once all bitcoins are mined out (estimated year: 2140) bitcoin be subject to inflation. For inflation to occur, the demand of the currency must exceed the supply provided in the market. Since mining and creating bitcoin only halves itself every four (4) years, it will inevitably be scarce in the future.
Although bitcoin may be immune from inflation in the time being, it is preferred for investors to consider their investments for long-term as its value might skyrocket once its creation stops.
Lastly, that is primarily the reason on why people view investing into cryptocurrencies (bitcoin to be specific) as a legacy that can be passed from generation to generation.