What is the collateral behind Bitcoin?

[Dexion]

there is no collateral behind bitcoin, bitcoin only has credibility and excellent quality, so bitcoin can survive and uptrend in 2017.

whales, investors, and all people who support bitcoin make bitcoin survive, bitcoin is not bubble or ponzi. bitcoin is the same with other currencies, but only different shapes.

[Giardina]

collateral-this is about physical currency, not about crypto-currency. Bitcoin is decentralized and has no collateral or collateral,it has value in itself.It is not clear why many people perceive bitcoin as a loan?

[Crypto_Sassy]

What is the collateral behind Bitcoin?Like in case of Fixed deposits Money deposited acts as a collateral.In case of a car loan Car acts as a collateral.Likewise what is collateral behind Bitcoin? BTCBTC

I liked your question but analogy of car vs car loan does not fit here because Bitcoin is not a physical good.

So exact question will be what makes BTC valuable. Below are the some factor.

Ease of transfer: No need to go to any third party, you are in full control of your money.
Transaction fees : They are constant for each transaction and do not depend upon how much you are sending but instead they depend upon your input/output, so it will be cheaper fpr big transaction.
Anonymous : You do not need to upload all your personal details  in internet to do an online transaction. For any other mode of online transaction you need to verify your phone number, address and so on.

[leonair]

What is the collateral behind Bitcoin?Like in case of Fixed deposits Money deposited acts as a collateral.In case of a car loan Car acts as a collateral.Likewise what is collateral behind Bitcoin? BTCBTC

What is the collateral behind your local Fiat currency? the value of it right? so it same goes with Bitcoin. For as long as it has a market capitalization then the collateral of is the value itself.

Bitcoin is a currency, and intangible. Know your facts.

[senin]

What is the collateral behind Bitcoin?Like in case of Fixed deposits Money deposited acts as a collateral.In case of a car loan Car acts as a collateral.Likewise what is collateral behind Bitcoin? BTCBTC

I do not think that bitcoin can act as an object of pledge. In the case of investing money in the bank for deposit storage, this amount of money is not considered as a pledge. It is transferred to the bank for determining the time in operational control. The Bank has the right to use these funds to perform various banking operations and make profit. Part of this profit is then paid to the person who transferred his money to deposit storage.
Bitcoin, I think, can not be used for transfer to deposit storage in a bank or as a mortgaged property, because it is too volatile in price and banks will not be so risky.

[GDragon]

You can only determine collateral when there's agreement exist so I believe that collateral behind bitcoin doesn't really exist. Furthermore, Bitcoin is clearly decentralized so this is your own choice to participate or not.

[mmo4me.2016]

What is the collateral behind Bitcoin?Like in case of Fixed deposits Money deposited acts as a collateral.In case of a car loan Car acts as a collateral.Likewise what is collateral behind Bitcoin? BTCBTC

I do not think, Bitcoin's collateral is the trust of users and investors in a new payment method! Can be widely used in the future!

[libert19]

People using it, believing in it is the collateral behind Bitcoin. The day people stop believing in it will be the day, Bitcoin will lose it's value.

[razgeriez]

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People using it, believing in it is the collateral behind Bitcoin. The day people stop believing in it will be the day, Bitcoin will lose it's value.

Yeah it's the trust of people on Bitcoin, trust is the best collateral for sure but it's quite vurnerable also and who know once day Bitcoin will lose it and become valueless.

[Getcoinsite]

What is the collateral behind Bitcoin?Like in case of Fixed deposits Money deposited acts as a collateral.In case of a car loan Car acts as a collateral.Likewise what is collateral behind Bitcoin? BTCBTC

Engaging into cryptocurrency deals requires no collateral since this community s about trust not assurance because if you want to compared this into fiats then better use physical money.because theres nothing who can give you any collateral

So its your choice of what to use,but if collateral is what you want then expect nothing

[Jessica2009]

       There is no collateral behind Bitcoin it is a digital decentralized currency, at the beginning there was no value in Bitcoin but since it was a decentralized one  (that means no intermediaries) and so the transaction was easy and low cost , and could be used world wide , it is an online mode of payment that anyone can use all over the globe without any obstacles to reach the destination and even help those who are in need without going to exchange their money in any exchanges.These benefits people accepted and there arises more demand in Bitcoin.

[suemendez25]

Bitcoin is not some kind of loan to need a collateral. You straight up trade your cash for bitcoin. Not some kind of loan that you have to pay monthly.

[kipo]

I think that there is no any collateral behind BTC. This is due to the fact that people just believe in its value and don't doubt it. i do the same, i think it is the best one

[ginobitcoiner]

What is the collateral behind Bitcoin?Like in case of Fixed deposits Money deposited acts as a collateral.In case of a car loan Car acts as a collateral.Likewise what is collateral behind Bitcoin? BTCBTC

transparent, decentralized with excellent blockchain technology, so there is no grammatical term for crypto currency like bitcoin.
judtru is one of the reasons why bitcoin is very liked and very in demand by many people around the world

[frickshow]

There is no collateral for bitcoin because bitcoin is a decentralized and volatile and investors purchase bitcoins and hold till price not move upward and take profit. for bitcoin movement need demand and supply and whenever this happen then bitcoin will be exist in the crypto market.

[Jet Cash]

Why do you guys keep trotting out rehashed versions of the misinformation that has been posted dozens of times in this thread.

Here is the Oxford dictionary definition of collateral

Something pledged as security for repayment of a loan, to be forfeited in the event of a default.

It is little wonder that you don't get any merits for your posts.

[Tynovten_]

Bitcoin is not about debt that actually must use assurance. It's about investment or sell and buy where you first must put your money to start the trading that no nedd assurance.

[sufiasyl]

What you are meaning by collateral doesn't go with bitcoin actually because bitcoin is not like fiat currency. Bitcoin is decentralized and virtual currency. Nothing is collateral behind bitcoin. It itself is it's collateral.

[goodluck0319]

bitcoin as ordinary money, I think it can only be issued on credit. but the concept of collateral can not be. or a Deposit in the currency bitcoin, but the issuance of money at the current rate

[robertcross07]

We know BTC is decentralised so it has no collateral in it. Moreover, BTC is not a loan so there is no collateral system. We buy BTC knowing the fact that it’s price can fluctuate anytime. It is not like fiat thats why it has no system like that.