7 REASONS WHY: which one are you?

[DMCR lah]

I think one more option can be added. Regardless of privacy, anonymity, security, ease of use, fast, cost (Although Bitcoin's fee is low enough, still not suitable for micro transactions, but with large numbers over traditional payment modes) and transnational, cryptocurrency transactions are also irreversible.

[1714773561]

1714773561

[Quraline]

People want to have a cryptocurrency because they hope to sell it a little more expensive than they bought and they want to make money on it.

[InvestICO2L]

Number 1, incognito. This is the main reason I join cryptocurrency. I want my wealth to be hidden in government or to anyone. I'm not boastful not the showy type.

Yeah I think that's what makes cryptocurrency or bitcoin in particular become very famous. many users do that because they want freedom in financial and transactions. they want their transactions not to be known because they are  have private transaction or they want to keep the secrets of their wealth or the most common thing is for illegal functions. we all know that bitcoin is also used for illegal transactions right

Exactly, it’s a well-known characteristic of cryptocurrency, I get hooked on participating bitcoin, cause’ its anonymity. Yep, I completely agree that with this factor, we are really free in our transactions. In addition, I think cryptocurrency brings us a convenient way to get benefit. Even it provides us equality. No matter who you are, you yourself can take part in crypto market and do many transactions as well. Also, we can use bitcoin for payment, which is really helpful.

[livingfree]

I'll choose SHOW OFF but with a reversed meaning with the combination of INCOGNITO

I'm telling my friends about cryptocurrency but I don't show off my wealth to them, I'm not boasting on how much I've got because it's better to remain silent and keep yourself low-key and anonymous.

[fishball]

I just noticed some questions about this topic so I listed some seven reasons why people want to have a cryptocurrency transaction rather than fiat.

1. INCOGNITO. this is the main reason why people use it. You cannot trace crypto transaction and its perfect from hiding.

2. CONVINIENCE. people nowadays are so lazy that they want to have transaction while seated comfortably on their home. With just one click , crypto can be transferred as payment to whatever they want. Well, who doesnt want that anyway.

3. TREND. basically, people want to try something new, something not ordinary , something innovative and if it was used by all their friends, they want to use it also.

4. ILLEGAL. yes, i dont want to include this but i saw many topics about this also. If you want to buy on black market or an illegal item, your transaction should not be traced as i said on our first reason so Crypto will help you hide on cops but not forever.

5. MODE OF PAYMENT. this is where some people buy an item usually using the profit they had on investing bitcoin even just holding. Ex. If you have 1btc and after a month it becomes 1.5 btc and you want to buy an item that cost 0.005btc and crypto is accepted as a mode of payment, you will use it ofcourse rather than fiat.

6. TECHY. it seems that techy people using cryptocurrency as a mode of payment see themselves as going with the flow of technology considering that bitcoin is the new technology of currency for the new generation.

7. SHOW OFF. whether we admit it or not, some people use cryptocurrency just to make their status up. Telling their friends about how wealthy they are and keep boasting for their ego.


This is what i noticed. So which one are you?

Your lists are actually on point. Basically, we users tend to go on safe, fast or hassle-free method and all in all convenience. But of course, in this transaction it is irreversible which makes it much more safe.

[Tory-Tory]

I just noticed some questions about this topic so I listed some seven reasons why people want to have a cryptocurrency transaction rather than fiat.

1. INCOGNITO. this is the main reason why people use it. You cannot trace crypto transaction and its perfect from hiding.

2. CONVINIENCE. people nowadays are so lazy that they want to have transaction while seated comfortably on their home. With just one click , crypto can be transferred as payment to whatever they want. Well, who doesnt want that anyway.

3. TREND. basically, people want to try something new, something not ordinary , something innovative and if it was used by all their friends, they want to use it also.

4. ILLEGAL. yes, i dont want to include this but i saw many topics about this also. If you want to buy on black market or an illegal item, your transaction should not be traced as i said on our first reason so Crypto will help you hide on cops but not forever.

5. MODE OF PAYMENT. this is where some people buy an item usually using the profit they had on investing bitcoin even just holding. Ex. If you have 1btc and after a month it becomes 1.5 btc and you want to buy an item that cost 0.005btc and crypto is accepted as a mode of payment, you will use it ofcourse rather than fiat.

6. TECHY. it seems that techy people using cryptocurrency as a mode of payment see themselves as going with the flow of technology considering that bitcoin is the new technology of currency for the new generation.

7. SHOW OFF. whether we admit it or not, some people use cryptocurrency just to make their status up. Telling their friends about how wealthy they are and keep boasting for their ego.


This is what i noticed. So which one are you?

I think that here you need to add 1 more point - independence from banks. Many people don't like banks because they climb into the financial activities of their customers, block accounts, cancel transfers. The absence of a controlling centralized authority is the main reason.

[logicgate]

I'll choose SHOW OFF but with a reversed meaning with the combination of INCOGNITO

I'm telling my friends about cryptocurrency but I don't show off my wealth to them, I'm not boasting on how much I've got because it's better to remain silent and keep yourself low-key and anonymous.

  All of them in general and mode of payment in particular. This is the feature I love the most. This reflects profitability and the easy to purchase without having to involve bank in the process of transaction. Besides, the transaction cost is also very low and it saves time. But this is only possible if the price of a good you want to buy can be paid in Bitcoin. It this statement does not hold, you cannot avail the opportunity.

[cloudproject]

teachy, mode payment, and fast transaction that was the reason why i like this crypto stuff to getting involved with it and getting to know with it, i very helpfull when i buying something in another country

[lelangsabun]

mode payment i think, because this new method payment are really nice, but well it was very difficult for someone who doesn't understand about any computer stuff, make people a bit complicated i think, but well every peopel can getting know it with their own way

[gledek]

I prefer number 1 and 2. because I want to be free and nobody knows my deal, so avoid taxes, and I want my transaction not difficult, just by sitting sweet at home.

[DeadCoin]

I don't find any reasons. I love crypto currency and wish to earn as like everyone here. The motivation is to learn Blockchain technology, contribute more to the forum and crypto community who has really given me a chance to earn and live my live which lead me to recover from economic issues. I am ok to pay tax if my country accepts bitcoin and other crypto currencies.

[yesuidanggan]

Bitcoin is an unprecedented new currency. It is decentralised -- there are no issuers (that is, Banks); This means that its birth also broke the national boundaries of the currency.

BTC and cryptocurrency distributed global billing records have no center, so no center depends on the market's trading value.

Bitcoin can easily transfer wealth electronically around the world without leaving a bank record.

[Syakbrown]

if I choose to choose no 2 is comfort. I do not want and do not like the long and complicated process, because if the process is uncomfortable and long it will disturb my other activities. so comfort is needed in transactions.

[BurakTurk]

LOL to show the status up they need much money to keep the pace in btcs but if they had so then they need not to have any show off then.

[otreza]

TECHY. it seems that techy people using cryptocurrency as a mode of payment see themselves as going with the flow of technology considering that bitcoin is the new technology of currency for the new generation.

[leostrong.mo]

BTC has solved the problem of international remittances quickly and easily, and does not need to go to the bank to handle international remittance services! Transfers are fast and handling fees are low!
The most important thing is that investing BTC can bring benefits. It is a blessing to have BTC!

[Scavagers]

I just noticed some questions about this topic so I listed some seven reasons why people want to have a cryptocurrency transaction rather than fiat.

1. INCOGNITO. this is the main reason why people use it. You cannot trace crypto transaction and its perfect from hiding.

2. CONVINIENCE. people nowadays are so lazy that they want to have transaction while seated comfortably on their home. With just one click , crypto can be transferred as payment to whatever they want. Well, who doesnt want that anyway.

3. TREND. basically, people want to try something new, something not ordinary , something innovative and if it was used by all their friends, they want to use it also.

4. ILLEGAL. yes, i dont want to include this but i saw many topics about this also. If you want to buy on black market or an illegal item, your transaction should not be traced as i said on our first reason so Crypto will help you hide on cops but not forever.

5. MODE OF PAYMENT. this is where some people buy an item usually using the profit they had on investing bitcoin even just holding. Ex. If you have 1btc and after a month it becomes 1.5 btc and you want to buy an item that cost 0.005btc and crypto is accepted as a mode of payment, you will use it ofcourse rather than fiat.

6. TECHY. it seems that techy people using cryptocurrency as a mode of payment see themselves as going with the flow of technology considering that bitcoin is the new technology of currency for the new generation.

7. SHOW OFF. whether we admit it or not, some people use cryptocurrency just to make their status up. Telling their friends about how wealthy they are and keep boasting for their ego.


This is what i noticed. So which one are you?

CONVENIENENCE, I prefer having transactions through cryptocurrency because of its convenience. I can pay bills even at home, I can buy prepaid load with ease. I will no longer need to wait for a long queue in line just to pay bills like electricity and water bills. If I am correct it is also tax free so the transaction is less expensive, correct me if I am wrong.

[Apple Mac]

it is very convenient for me, no need to go to the bank, wait when they will appove it, losing several business day and pay taxes for it, time is most precious resource right now, so if u have a pc and internet u should do many things by one click like sending money for example

and for me there is noffing to hide, i am a ordinary man with the ordinary life, i dont steal money and i dont need anything illegal

I agree with that, and I think I am for convenience and mode of payment. Bitcoin is a very convenient platform for some student like me to earn less effort to be performed and I think this is convenient for me while I am studying and not credible for now to be on the certain field for me to work and mode of payment, in terms that I dont have to dhow everything that J have got in my life,  no doubts simple send and receive just lile that, unlile in the other entity personal information is required.

[HiBCDirect]

From this list I would pick incognito and conviniencies, both helps a lot with international trading, though some institution can consider such transactions also illegal.

[sepeda karat]

For me Bitcoin is also very convenient, always available to me and anywhere and also I like it as a way of payment, especially if I use Bitcoin debit card.