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Author Topic: Why use Bitcoin?  (Read 522 times)
BradRB (OP)
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October 26, 2018, 10:28:05 AM
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Read more about the advantages of Bitcoin.
https://bittox.com/2018/04/30/why-use-bitcoin/
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October 26, 2018, 10:40:18 AM
 #2

Bitcoin has considered as a new payment method thanks to the decentralization and security of reputation. Bitcoin and the technology that it brings to the world open up a potential application trend in many fields such as finance and banking, retail, freight, manufacturing, telecommunications.
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October 26, 2018, 10:53:54 AM
 #3

Bitcoin is a good crypto to get investments into and especially for long-term. The technology has so many advantages that one would be crazy not to consider even looking into it.
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October 26, 2018, 11:46:59 AM
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In a few years, bitcoin will completely replace fiat, no 1 currency in the world including the dollar will not be able to compete with it. Patience, we are at the beginning.

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October 26, 2018, 12:25:02 PM
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Bitcoin is very safe. Unlike conventional money that often falsifies. Cryptographic rules applied to bitcoin make the owner avoid risk.
But bitcoin can be used for crimes such as money laundering.As a result, there are many countries that reject payment with bitcoin.
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October 26, 2018, 12:31:19 PM
 #6

Bitcoin is a good crypto to get investments into and especially for long-term. The technology has so many advantages that one would be crazy not to consider even looking into it.

I agree. This will surely helps everybody to have easier life at the same time accessible future. This will help us to do transactions more easy and also it is less time consuming and effort is not really wasted. It is also effective and efficient in sich a way you save a lot of things.
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October 26, 2018, 12:38:30 PM
 #7

It is good to know that Bitcoin is successful as an investment commodity. But I really want to know from someone, when will Bitcoin be a standard currency? When will it be used for everyday transactions? I really want to know. Will it be in three years? Five years? Is this currency just an investment opportunity for some and a dream for others?
Rory Kylo
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October 26, 2018, 12:56:01 PM
 #8

Nobody can deny these awesome benefits that bicoin has brought to  us ,: making the transaction easier and more quickly than traditional transaction. Especially, It gives chance to make killing, a comfortable life without any management
dablatair
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October 26, 2018, 01:17:28 PM
 #9

Hello,

Of course there are plenty of advantages to use BTC. Accept eveywhere, low fees, simplicity but what is also for me the best advantage is not the use itself but the idea. It is a wonderfull technology that allow people to be free from banks and institutions and could let people to be the owner and stocker of their own assets.
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October 26, 2018, 01:17:50 PM
 #10

I use Bitcoin because I want to fight the financial elites and above all, the central banks.
Bitcoin is significantly cheaper and more efficient form of money than the US dollar.I like the idea that I can hold bitcoin in my wallet and not somewhere in a bank.
Jigsawman082076
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October 26, 2018, 01:21:09 PM
 #11

We use bitcoin because it is much safer to use than bringing a bag full of money because wherever you are you can always convert your bitcoin into the monetary currency in which place you are and bitcoin also is the digital currency in which you can use as payment for products and services.
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October 26, 2018, 01:26:27 PM
 #12

Well today in our current time we found out that bitcoin is really in demand right now and it continuously to rise and success everyday. For sure the reason behind this and it's because it can brings and gives a huge of benefits and opportunities to a huge of people that really supporting this system and maybe this is the reasons why it catches the eyes and attentions of the people. There are a lot of proof that bitcoin can considered as a secret remedy and solutions to a hard and poor life of living by the people so most of them really grab and enjoy the benefits and opportunities that it has.

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October 26, 2018, 01:34:30 PM
 #13

As of now there are no reason to use bitcoin unless in investment or trading in the market.
well, everything will be fine! btw to hold BTC will be good for our future.
Everything and everyone having BTC will be as good as having the bright future.
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October 26, 2018, 01:39:11 PM
 #14


In a few years, bitcoin will completely replace fiat, no 1 currency in the world including the dollar will not be able to compete with it. Patience, we are at the beginning.

It is impossible to replace fiat money with Bitcoin because local currencies have value among the people of that country. Bitcoin will survive and local currencies will also survive but they will bitcoin will be their second money like mother language and second language.

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October 26, 2018, 02:16:01 PM
 #15

In my opinion we use bitcoin, beacuse bitcoin is the firsted and saifest way to make money and it's also have safe transection also. we also use bitcoin because we can convert bitcoin into any currency in any time and in a small transection fee.That's why we don't have to carry our money with us in any wallet of bag. we also don't have to any big rules like bank . Because bank give us a lot kind of rules for hold our money or any kind of transection.So i think we should use bitcoin to make our life more comfortable, thank you.

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October 26, 2018, 03:33:52 PM
 #16

To tell in short we use bitcoin without having any major issue like we dint need to take any paper money in our pocket even no need to use any bank for this so which is why we use cryptocurrency more and more.
Peacemaker1994
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October 26, 2018, 03:54:30 PM
 #17

The advantages of bitcoin has been told several times on several platforms. What I would love is that this quality be developed and advanced in the future 
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October 26, 2018, 04:33:11 PM
 #18


Read more about the advantages of Bitcoin.
https://bittox.com/2018/04/30/why-use-bitcoin/
Bitcoin can be used in different places that has adopted it.Online transactions seems alot easy just by scanning QR codes or sending bitcoin addresses.People nowadays used bitcoin, it is the trend that we can profit.Making it as an investments for short term or long term that is why it is the best innovative cryptocurrecy that everyone must take advantage of.

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October 27, 2018, 09:59:01 AM
 #19

Thanks for sharing, it would've been great if you made a little summary on the info you shared but anyway, everything counts.

To me there are many different reasons not listed there, let's see in the future if people in general understand the pros and if so let's see if it goes mainstream eventually  Wink
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October 27, 2018, 06:36:44 PM
 #20

There are so many reasons why we should use
It has various applications and qualities as an efficient payment option.

People rather choose to merely own bitcoin and Hodl it for it's profit potential, without actively putting it to use. And merchants who accept bitcoin payment use processors so, it is similar to accepting fiat payment.
Admittedly it's just a few years in and adoption has been growing and should continue to grow.
But, we need more active participation of BTC holders.
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