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Question: What’s the SINGLE most valuable benefit for you in Bitcoin and why?
Cannot be seized by a central authority - 11 (25.6%)
Can transfer large amounts anywhere anytime (permissionless) - 24 (55.8%)
It has a finite supply, therefore it can be a stable currency - 5 (11.6%)
Possibility of being, relatively, pseudo anonymous while transacting money - 3 (7%)
Total Voters: 43

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Author Topic: What’s the SINGLE most valuable benefit for you in Bitcoin and why?  (Read 1046 times)
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July 03, 2019, 07:44:43 PM
 #101

I understand the real possibilities of Bitcoin, where you can very quickly and without any problems conduct online transactions, transferring fairly large funds.  But today bitcoin is a very profitable investment for me, which gives me the opportunity to become financially independent.  Since I still had certain financial difficulties, I use the cryptocurrency for my own benefit first.

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July 04, 2019, 03:38:47 AM
Merited by South Park (1)
 #102

You should at least add up on the poll;

-Benefit on making money online

I do highly believe that most people would really choose this up yet Btc do benefit most people here on this market
on making money excluding into its main purpose which is p2p transactions.

This is for me the most valuable benefit of Bitcoin.

I know this sounds weird for others but I'm not going to spend 8 hours in a company and will be paid under the minimum wage. I don't want to be ordered too for some reason. I would rather stay in our house and face my laptop.

I know there are some users here too are like me and there is nothing wrong with it as long as it is stable then its ok.

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July 04, 2019, 04:51:21 AM
 #103

From the beginning I learned about cryptocurrency and understood it because their main benefit was freedom of transactions, from that I started to be interested in blockchain technology, because basically I really like looking for new things, especially when it comes to information technology. Then after that I learned not only the freedom of transactions but we can also make a profit in the world of cryptocurrency, even though in the end this is arguably the zero-sum in trade to earn profits.

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July 05, 2019, 05:03:39 PM
 #104

You should at least add up on the poll;

-Benefit on making money online

I do highly believe that most people would really choose this up yet Btc do benefit most people here on this market
on making money excluding into its main purpose which is p2p transactions.

This is for me the most valuable benefit of Bitcoin.

I know this sounds weird for others but I'm not going to spend 8 hours in a company and will be paid under the minimum wage. I don't want to be ordered too for some reason. I would rather stay in our house and face my laptop.

I know there are some users here too are like me and there is nothing wrong with it as long as it is stable then its ok.
It is not weird at all, most people want to be independent from their bosses and there is nothing they would like more than to quit their jobs and start their own business or become freelancers, but most people do not have what it is necessary to pull it off, but bitcoin definitely helps those that prefer to be their own bosses since you can get payments all over the world for a cheap fee, there are no third party obstacles like the necessity of going through KYC and bitcoin acceptance is doing nothing more but to increase and when you add that bitcoin is also an investment that over the long term goes up in value you have the perfect form of money for those that want to be free and not work for anyone else.



.
.BIG WINNER!.
[15.00000000 BTC]


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July 06, 2019, 01:26:50 AM
 #105

The ability to sought and buy anything from across the globe with the use of bitcoin is definitely valuable in my part. There are instances where Small online sellers and retailers don’t often sell their services or products internationally because of the high cross-border transaction fees. Bitcoins, being global, relives this pressure once and for all, thereby making payments cheaper, safer, easier, and faster. In the past recent years we can say that bitcoin has significantly improved commerce which brings out advantages that benefit both the buyer and the seller.


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July 06, 2019, 02:28:01 AM
 #106

Aside the undeniable transaction benefits attained from Bitcoin, Bitcoin investment has always been the number one and most valuable benefit I experience. With the correct timing and patience, my bitcoin investment is able to yield more than 900% profit which is more than any profit return any investment platform can offer an investor.

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July 06, 2019, 03:23:09 PM
 #107

Should have added that transactions are on the blockchain. That allows them to be tracked which might be useful in some situations.

I've used it to pay bills before (albeit through an exchange) and I can say that it's convenient (I'm wary of connecting my utilities with my credit card). I'd agree that the most benefit many of us had here is income. People who otherwise can't buy stocks can easily buy bitcoins and trade or hold.
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July 06, 2019, 08:42:14 PM
 #108

To me is that it can be anonymous. That if you just don't want certain entities not to know how much money you have, you can have it on a piece of paper, or in your computer.

but what if they will search your name or your bitcoin address on a bitcoin explorer ? they can still see your balances and transaction  because bitcoin is not that anonymous  . if you want real anonimity then go on private coins like monero  . by the way , the most valueable benefit that bitcoin gave me is profit because i use my bitcoins as an investment tool and i can earn regular profits with it  but aside from that  , i also use my bitcoin as a payment method when i need to gave money for my family as they also have a bitcoin wallets installed on thier phone and they are far away from me  .

That's why I said that it can be unanimous. Particular for a regular person that's just trying to stay private. As apposed to a high target person who the feds are willing to spend a lot of money and resources tracking.

For example if a person loses their job and is applying for food stamps. The food stamps people will know how much you have in your bank account, but not beyond that.

But yeah, privacy coins for the win.
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July 08, 2019, 05:39:00 AM
 #109

When I started making use of Bitcoin I never knew about it being anonymous, so I think my main reason for using it for transaction. Though it wasn’t useful at first because the platform I was using then wasn’t accepting cryptocurrency, I had to abandon and go for another payment method until I found out that it was volatile and be an investment, that’s when I decided to invest in it and then leave the money to grow. My main purposes are being a mode of transfer and also being an investment. Being anonymous is a good thing as well, just that never thought of it that way at first… but it’s also one of the coolest thing, so I’d say it’s a bonus.
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July 08, 2019, 06:23:10 AM
 #110

My most valuable benefit of Bitcoin is the anonymous ability to make transactions with anyone in any part of the world. There have been times in the past when I have tried to send/receive funds from/to someone in a far away country but was difficult. But now, I can do that without any stress.
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July 08, 2019, 10:58:55 AM
 #111

im sure if people mostly will say that the valuable benefit is can make money, and i will say the same. i dont know if bitcoin can make money, it will be famous like now or it just a science practice that implement for various fields.
easily to earn, and great value make people love it.
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July 08, 2019, 11:38:03 AM
 #112

Scenario A:
Supposedly I have a desktop wallet containing Bitcoin I had bought on whatever site I chose. Some friend of mine needed my money for some reason or some urgent reason. I asked his wallet address and then told him, it will be just be sent in few minutes. Scratch it, I'll handle the mining fees because I am a good friend of him anyway.  Tongue He received his money after few minutes. Where was I doing the transaction for sending of money? Here at home. Did I incur any extra fees aside from mining fee? None.

Scenario B:
I got my fiat cash here in my wallet. My friend needed money, so I reached up to wherever a nearest remittance center stands at. Filled up the form then gave my ID to someone who processes the transaction. They asked me for extra cash for the processing fee. After they've processed they gave me the Tracking Number that I'll send to the recipient. Called my friend and gave him the code that he'll need to use for receiving the money, so he also went to the nearest remittance center to do the same as mine except that he'll receive the money this time. Where was I doing the transaction for sending of money? Outside of home. Did I incur any extra fees aside from mining fee? Transportation fees plus processing fee (it's even gonna be even worse if all my money were in Bitcoin as I have to cash it out and of course that costs more fees)

Well that's pretty much what Bitcoin did the best for me. It isn't just that it is gonna be easy to those who holds it or who owns it, but also to those who were also looking for alternative way of sending money through the internet at the most efficient and minimized cost whether it is time or money, or even both.

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July 08, 2019, 01:59:47 PM
 #113

For me the most benefit of bitcoin for me is to use it as payment, and not seized by a central authority, i can buy somethings online, then pay it directly form my wallet and then finnished it by seconds. I don't need to go out to atm just for that, then lastly we can even pay our needs like eletric bills.

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