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Author Topic: What does Bitcoin protects people from ??  (Read 1016 times)
yvuj101
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July 15, 2018, 07:29:47 AM
 #101

The price of gold and silver is always strong because the goods have intrinsic value, can be made jewelry for human.

The gold and silver market is totally rigged.
There's much more paper gold out there (certificates) than real gold.
And in terms of silver I recommend to google Blythe Masters and what she has done to mess up the silver market.
How much profit have gold and silver investors made over the last 5 years compared to Bitcoin hodlers??!!!  Wink
And silver and gold are pretty hard to transport over the borders. Pretty easy to seize. Bitcoin compared to that is so much advanced.
Gold and silver offer no competitive advantage to Bitcoin except it's long term existence. Especially no where we are the transition phase to the digital age Bitcoin is just superior.


Bitcion protect us by hiding our wealth safer and away from manipulation of government issued taxes that's our hardships we do it with strength and perspiration enough that we give a ten percent taxes not in exceed of our wealth.
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Kimchu kuno
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July 15, 2018, 07:34:52 AM
 #102

The price of gold and silver is always strong because the goods have intrinsic value, can be made jewelry for human.

The gold and silver market is totally rigged.
There's much more paper gold out there (certificates) than real gold.
And in terms of silver I recommend to google Blythe Masters and what she has done to mess up the silver market.
How much profit have gold and silver investors made over the last 5 years compared to Bitcoin hodlers??!!!  Wink
And silver and gold are pretty hard to transport over the borders. Pretty easy to seize. Bitcoin compared to that is so much advanced.
Gold and silver offer no competitive advantage to Bitcoin except it's long term existence. Especially no where we are the transition phase to the digital age Bitcoin is just superior.


Bitcion is helpful to the society it protects us of being poor .
strideynet
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July 15, 2018, 07:36:25 AM
 #103

Bitcoin is a way to reduce the burden on the economy, at least now, while this technology is developing. And later it will be a way to get away from inflation)
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July 15, 2018, 07:38:01 AM
 #104

The price of gold and silver is always strong because the goods have intrinsic value, can be made jewelry for human.

The gold and silver market is totally rigged.
There's much more paper gold out there (certificates) than real gold.
And in terms of silver I recommend to google Blythe Masters and what she has done to mess up the silver market.
How much profit have gold and silver investors made over the last 5 years compared to Bitcoin hodlers??!!!  Wink
And silver and gold are pretty hard to transport over the borders. Pretty easy to seize. Bitcoin compared to that is so much advanced.
Gold and silver offer no competitive advantage to Bitcoin except it's long term existence. Especially no where we are the transition phase to the digital age Bitcoin is just superior.


It protect you from any scam net working site if you get in to it but in bitcoin, Bitcoin is often perceived as an anonymous payment network. But in reality, Bitcoin is probably the most transparent payment network in the world. At the same time, Bitcoin can provide acceptable levels of privacy when used correctly. Always remember that it is your responsibility to adopt good practices in order to protect your bitcoin account.  
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July 15, 2018, 09:13:19 PM
 #105

Bitcoin protects people only from large taxes and poverty)))
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July 15, 2018, 09:16:55 PM
 #106

I think at first, the bitcoin and all cryptocurrency system protect people from standart banking system and their huge fees.
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July 15, 2018, 10:39:20 PM
 #107

Bitcoin protects people from waste a lot of money when they try to send funds to someone anywhere in the world.  People pay extra charges just to send funds to a relative or friend. Bitcoin also provides a decentralized ecosystem. Cool
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July 16, 2018, 08:49:38 AM
 #108

I think that bitcoin protects people from inflation. After all, the rise in prices for goods does not affect the decrease in the price of bitcoin. And bitcoin protects people from poverty. It is thanks to this cryptocurrency  people have an opportunity to earn well.

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rapsa2018
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July 16, 2018, 11:01:10 AM
 #109



Bitcoin does not protect bitcoin in many people it just means that many people can and it also causes so many bitcoins to make it simple to study.
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July 16, 2018, 03:55:22 PM
 #110

The anonymous transactions and disclosure and also the personal information of yours and hiding our wealth safer and helps us to improve our life and to be ready in future and protects to poverty and large taxes.
Neved1975
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July 17, 2018, 02:00:03 AM
 #111

I assume the anonymity of Bitcoin in protective the identity of its customers in addition to the bitcoin machine permits people to defend their belongings from every body's reach so long as the non-public secret's maintained.
sanjeevbaweja
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July 17, 2018, 02:07:35 AM
 #112

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 ??   Grin
Bitcoin more secure than gold silver or fiat currency
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July 17, 2018, 02:05:01 PM
 #113

Bitcoin can protect us by using bitcoin wallet and we can also deposit are money if you cannot trust the bank or atm's account you have a second choice to choose the bitcoin wallet it can help to not to robbing if you walk in the street or walking in street in the night and it's easy and safe to use it's look like a bank account you have a pin to log in in your bitcoin account.
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July 17, 2018, 02:22:24 PM
 #114

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 ??   Grin

Bitcoin has nothing to protect but for the interest of the investors only,people inside cryptocurrency are here to gain and earn so whats the only concerns here are the future investments

People are the one who needs bitcoin because of the technology behind this,and bitcoin needs people for this to grow and progress so in that case,both need each others
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July 17, 2018, 02:36:41 PM
 #115

 Grin Grin you an take it more then gold or diamond. Gold or diamond may stolen from your home and bank but if you stored BTC it will never be stolen if you don't loose your key or if you do not work in fishing site. you see last btc price hit $19500 then what you will say. If you store gold it would not give you that price as you store BTC into your wallet it is deam sure. So if you protect it from thief you will protect your future.
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July 18, 2018, 06:12:57 AM
 #116

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 ??   Grin
Bitcoin is a revolutionary asset that protects people from greed and harsh environment which fiat currency, precious stones and metals has failed to provide most especially to those people living in the lower status in the society. Bitcoin is transparent, secure, has privacy and decentralized that is why no one can control it's system though can be manipulated by whales or community but will surely give us financial freedom compared to centralized assets.


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July 18, 2018, 06:17:41 AM
 #117

Bitcoins gives you protection from a  situation where the value of your currency has reduced. It is used and accepted world wide.
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July 18, 2018, 06:24:11 AM
 #118

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  Grin.
Yes in bitcoin we don't have taxes to pay it's free and we know money transfer in other country have big charges but in bitcoin we pay only small amount and the transactions are fast and safe.
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July 18, 2018, 06:39:23 AM
 #119

From a digital coin, bitcoin can protect people from the loss of money, you know that fiat money value goes down over time, so that your life will not enough. But since bitcoin appears everything is resolved easily. It is important that you keep your wallet safe
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July 18, 2018, 06:46:32 AM
 #120

Its protect me from paying tax, protect my personal data, anonymous transactions which cant be easily traced to me. Its also help in fast transactions.

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