Bitcoin using or need! Vs stable coins

[bitgolden]

Bitcoin is a new way for transfer a value in my opinion bitcoin is like gold but the option now is to buy it with real money or mining it investing money on equipment. There are a lot of people and companies who want bitcoin, because 1 is not reversibile once is sent and confirmed and 2 because is the most secure system of transfer money at this time.

I am also more interested in the technology of bitcoin than other coin which we should not even be using other coins like stable coins to compare it, there is no way that these stable coins can really be as good as bitcoin, even if they seems to be helping lots of people keeping the value of their usd, but without bitcoin, they will still be tantamount to nothing.

There is not going to be stable coin without bitcoin, because what is the essence of having stable coin when they typically act like fiat or do I call it as digital fiat which if that is the case, I would still prefer to stick with the system  of fiat than to use stable coins that are fully centralized and still being controlled, unlike the freedom of decentralizations that bitcoin has given to us.

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[youdacapt]

bitcoin will be preferred as an asset, this mindset is developing because many holders analyze from history and the continuous reaction of market transactions that never stops. This is not as simple as a stable coin that only refers to fiat value and they will only move in place, for some people it is not attractive because there is no more value than price development, I consider stable coins as a safe asset with low risk.

[redsun114]

I don't necessarily need Bitcoin but I use it. I don't know if stable coins can beat Bitcoin in terms of usage or volume per day but one thing I know is that all this cryptocurrency has their own use depending on how people understand their platforms.

Stable coin cannot beat bitcoin, because they have no additional benefit along with their usage, and you know that the other additional benefit of bitcoin in its usage is what is mostly attractive to people more, as they are using bitcoin, they are also enjoying the benefit of an increase in them, although we could claim that the volatility of bitcoin is quite making it risky for transaction, but that is not a problem now, because people can still mix it with all these stable coins.

Anytime they see that bitcoin is highly volatile because it is not every time that it will and even this volatility of a thing, sometimes it is even more beneficial to people. Imagine someone that is earning $7300 and he receives his payment in bitcoin when it was making a surge for $9k, has his salary not increased?

[Fappanu]

WHO need Bitcoin and Why anyone Will use Bitcoin? If we have stable coins wich You can transfer around the world all Ready instantly
And They are stable.

You have a point, but it's not just about the payment that bitcoin is talking about. You can also use it as an invesment. And the point of bitcoin as it is used, is for anonymous transactions to have privacy that no one can control.

Bitcoin is Not money Bitcoin is gamble, One day You put money in Other day You might lose it.

Bitcoin is not gambling it is invesment. That you invest money and one day it will increase. All you need is patience here, to find out what you are investing in bitcoin for..

[Colt81]

WHO need Bitcoin and Why anyone Will use Bitcoin? If we have stable coins wich You can transfer around the world all Ready instantly
And They are stable.

Bitcoin is Not money Bitcoin is gamble, One day You put money in Other day You might lose it.

There is no clear way to predict btc price either.



So Why we exacly need Bitcoin? 


Year 2019 who need Bitcoin?? 
Year 2020 who need?  And who Will be using Bitcoin year 2025  

Bitcoin Will lose all the power If there is no clear Reason Why would we need btc and how we gona use it. 

Day traders swing traders... Don't keep Bitcoin alive for too Long all They do is trading btc with each other, there is no profit but Will be losses.

But look at the stable coins They are stable and have same aspects as Bitcoin has, so Can anyone explain to me who or why Will need Bitcoin?

You are right that bitcoin is a gamble that you can experienced huge losses to it, but bitcoin is the best for a long-term investment that you could earn huge profit from it. In my own opinion, stable coins is not good for an investment because it is only good to store your money to prevent huge losses, so buying bitcoin is still the best.

[zeingrind777]

Stablecoin supported by Fiat is also limited by all regulations that come with fiat currencies, sacrificing the efficiency of the conversion process. This means they have less liquidity than ordinary cryptocurrency. Besides, there is always a risk that the underlying asset is damaged in value. Think about Black Wednesday in England, or the 1998 Ruble crisis that occurred in Russia. If such an event occurs on a fixed stablecoin, it will be a disaster for the stablecoin as well. Stablecoin that is based/supported by cryptocurrency (crypto-backed currency) also comes with their own set of problems. Being pegged to other cryptocurrency makes them far more vulnerable to price volatility compared to fiat or commodity-supported stablecoins. They are bound to the health of a particular cryptocurrency (or a combination of cryptocurrency), which means that if the cryptocurrency takes a deep nose-dive or falls very sharply, stablecoin will eventually be the same. If a price crash occurs, they will automatically be disbursed into the underlying cryptocurrency asset, where they are no longer stable at all.

This is another disadvantage to stablecoin which is categorized using cryptocurrency: they are difficult to understand and are the most complex form of stablecoin, which introduces a much higher risk of things that go wrong in a complicated process.

[Taskford]

WHO need Bitcoin and Why anyone Will use Bitcoin? If we have stable coins wich You can transfer around the world all Ready instantly
And They are stable.

Bitcoin is Not money Bitcoin is gamble, One day You put money in Other day You might lose it.

There is no clear way to predict btc price either.



So Why we exacly need Bitcoin? 


Year 2019 who need Bitcoin?? 
Year 2020 who need?  And who Will be using Bitcoin year 2025  

Bitcoin Will lose all the power If there is no clear Reason Why would we need btc and how we gona use it. 

Day traders swing traders... Don't keep Bitcoin alive for too Long all They do is trading btc with each other, there is no profit but Will be losses.

But look at the stable coins They are stable and have same aspects as Bitcoin has, so Can anyone explain to me who or why Will need Bitcoin?

You are right that bitcoin is a gamble that you can experienced huge losses to it, but bitcoin is the best for a long-term investment that you could earn huge profit from it. In my own opinion, stable coins is not good for an investment because it is only good to store your money to prevent huge losses, so buying bitcoin is still the best.

You only lose if you are lazy for gathering information about what's happening today But if you are informative and know how to react to the market then provably you may know on when is the good time to enter and exit, but if you are looking for coins for long term purposes then that's a bad idea we can actually see on what's happening right now and you may end up counting your losses if you do a long term hold investment.

[cutesgirl]

WHO need Bitcoin and Why anyone Will use Bitcoin? If we have stable coins wich You can transfer around the world all Ready instantly
And They are stable.

Bitcoin is Not money Bitcoin is gamble, One day You put money in Other day You might lose it.

There is no clear way to predict btc price either.



So Why we exacly need Bitcoin? 


Year 2019 who need Bitcoin?? 
Year 2020 who need?  And who Will be using Bitcoin year 2025  

Bitcoin Will lose all the power If there is no clear Reason Why would we need btc and how we gona use it. 

Day traders swing traders... Don't keep Bitcoin alive for too Long all They do is trading btc with each other, there is no profit but Will be losses.

But look at the stable coins They are stable and have same aspects as Bitcoin has, so Can anyone explain to me who or why Will need Bitcoin?

United nation have adopted bitcoin and claim bitcoin become charity to hep each other, after UNICEF receive donation using bitcoin now WHO or world health organization adopted for receiving bitcoin as their charity, bitcoin have transparent when you sending or receiving your bitcoin, always on time for sending using bitcoin and have the same amount which how much bitcoin do you sent.

[ashmodeus]

WHO need Bitcoin and Why anyone Will use Bitcoin? If we have stable coins wich You can transfer around the world all Ready instantly
And They are stable.

Who need gold and why anyone Will use Gold ? if we have USD wich you can use it around the world instantly.
it quite same right ?
well, i am not saying bitcoin same like gold, but i guess that parable will make u understand.
and , the fact is :
every people in the world needed money for day life.
but just a few people have a think to invest their money as a asset for long time .
as a gold or btc or whatever they want.
and they have a trust for their asset will grow as the time goes.
no one forced you to believe bitcoin, but the fact , most of investor believe bitcoin.
although people like you still say bitcoin is a gamble/hyip/even bubble effect

[supercanada1]

WHO need Bitcoin and Why anyone Will use Bitcoin? If we have stable coins wich You can transfer around the world all Ready instantly
And They are stable.

Bitcoin is Not money Bitcoin is gamble, One day You put money in Other day You might lose it.

There is no clear way to predict btc price either.



So Why we exacly need Bitcoin? 


Year 2019 who need Bitcoin?? 
Year 2020 who need?  And who Will be using Bitcoin year 2025  

Bitcoin Will lose all the power If there is no clear Reason Why would we need btc and how we gona use it. 

Day traders swing traders... Don't keep Bitcoin alive for too Long all They do is trading btc with each other, there is no profit but Will be losses.

But look at the stable coins They are stable and have same aspects as Bitcoin has, so Can anyone explain to me who or why Will need Bitcoin?

United nation have adopted bitcoin and claim bitcoin become charity to hep each other, after UNICEF receive donation using bitcoin now WHO or world health organization adopted for receiving bitcoin as their charity, bitcoin have transparent when you sending or receiving your bitcoin, always on time for sending using bitcoin and have the same amount which how much bitcoin do you sent.

These great organizations that are far advanced than most of the countries of world, understand the power of bitcoin. They know what future it holds. The more you will ignore bitcoin, the more you will be going to regret in future. There are times when USA tries to pretend as it has left bitcoin but honestly, bitcoin is highly cherished by the leading countries of the world. Transaction across borders have become easy.

[Genemind]

Sounds like you're having a little hope for Bitcoin, mate. Many of us have witnessed the capability of Bitcoin and the convenience that it's causing us as a mode of payment. As for me, there have been a huge number of adoptions and even bigger organizations and developing countries are now accepting Bitcoin so I don't see any reason to lose hope for it. We need Bitcoin not just an investment and not just a mode of payment but a supporting currency. 

[coinfinger]

From what I have discovered, most people are not interested in cryptocurrencies because they can use it for transaction, rather they are interested in it as an investment. I have asked a lot of people questions on what reasons they would like to make use of cryptocurrency and their answers is always on how much they can make from it.

Stable coins don't offer that, they are mainly focused on transaction and not like bitcoin that you can invest and make lots of money within a short or long term (or lose as well). And bitcoin is like a multi-purpose coin, you can use it for investment and you can as well use it for transactions. So, a lot of people will not be interested in making use of stable coins when they already have Bitcoin

[TinaK]

People created fiat payment system with additional charges to make the international payments and so on but with bitcoin no can make the profit in such a way.
So that's the reason whales in the world not allowing cryptocurrencies to rule the world in finance medium. It is great tool empower the people in the world.

[The Sceptical Chymist]

If we have stable coins wich You can transfer around the world all Ready instantly
And They are stable.

Who cares?  You can send cash around the world easily enough with services like PayPal, and once the recipient has the cash he's free to spend it on anything.  If you were to receive a stablecoin, you'd have to first convert it to fiat before you could spend it, as I don't know of a single merchant in the world that accepts Tether or any other stablecoin. 

I don't think stablecoins were ever meant for spending, unlike bitcoin--even though it hasn't really caught on as a currency.  In fact I really can't see why there has been so much hype about them.  The Libra situation I can understand because it might be a landmark decision as to whether the US government is going to allow Facebook to proceed, but the rest of the stablecoins?  Why bother owning them?  You can't spend them as far as I know and the world really, really isn't looking for a replacement for cash and even electronic fiat.  That's a problem that doesn't exist.

But I Still asking Why we need crypto? 

The truth is that the world doesn't need bitcoin, and this is a fact that a lot of bitcoiners don't want to face.  The 2008 banking crisis didn't destroy the financial system, but if it had then I would argue that having something like bitcoin would be extremely useful.  But eleven years later there really aren't any issues with using fiat for transactions.  Even in countries whose currencies have been destroyed, the people who live there have turned to stable fiat currencies primarily.  Yes, there are reports of increased bitcoin adoption, but I suspect that most of their purchases are made with USD or another fiat currency that hasn't been devalued.

[Oilacris]

If we have stable coins wich You can transfer around the world all Ready instantly
And They are stable.

Who cares?  You can send cash around the world easily enough with services like PayPal, and once the recipient has the cash he's free to spend it on anything.  If you were to receive a stablecoin, you'd have to first convert it to fiat before you could spend it, as I don't know of a single merchant in the world that accepts Tether or any other stablecoin. 

I don't think stablecoins were ever meant for spending, unlike bitcoin--even though it hasn't really caught on as a currency.  In fact I really can't see why there has been so much hype about them.  The Libra situation I can understand because it might be a landmark decision as to whether the US government is going to allow Facebook to proceed, but the rest of the stablecoins?  Why bother owning them?  You can't spend them as far as I know and the world really, really isn't looking for a replacement for cash and even electronic fiat.  That's a problem that doesn't exist.

Same views and same opinion to this matter which Stable coins is totally irrelevant when we do try or do pertain on making it as a mainstream.

Fiat do exist and theres no need for other coins to take place in terms of casual real world transactions. Bitcoin existence is just on the other side
or simply means an alternative option but doesn't mean it will replace fiat anytime soon even way more on a stable coin.

[Viscore]

Sounds like you're having a little hope for Bitcoin, mate. Many of us have witnessed the capability of Bitcoin and the convenience that it's causing us as a mode of payment. As for me, there have been a huge number of adoptions and even bigger organizations and developing countries are now accepting Bitcoin so I don't see any reason to lose hope for it. We need Bitcoin not just an investment and not just a mode of payment but a supporting currency. 

Yes. Bitcoin is created as a currency so we should promote it more about its usage. There are a lot of us here who ofen consider bitcoin as an investment or for trading purposes but the fact that bitcoin is a supporting currency then we should convince those people to focus more on bitcoin as a currency so that in the near future, chances for massive adoption of bitcoin will be very possible.

[Mometaskers]

"Stable" coins? You mean cryptos backed by governments, tethered to fiat currencies or to stocks of non-renewable resources? Do you really think those would be any better than bitcoins?

If there's one thing multiple crashes has shown us, we really can't rely on the government. What happens when the economy of a country whose fiat a certain crypto is tethered to collapses?

[Yatsan]

"Stable" coins? You mean cryptos backed by governments, tethered to fiat currencies or to stocks of non-renewable resources? Do you really think those would be any better than bitcoins?

If there's one thing multiple crashes has shown us, we really can't rely on the government. What happens when the economy of a country whose fiat a certain crypto is tethered to collapses?

Centralized altcoins are not to be trusted. The unique asset of every crypto that being created is decentralization and anonymity. So, if one crypto will be backed by the government, the primary purpose of it will be go to waste. And besides, is there any legit stable coin that is not turned to scam?

"Stable" coins? You mean cryptos backed by governments, tethered to fiat currencies or to stocks of non-renewable resources?

I don't really get what will happen if a digital currency will be backed by a physical asset. We all know that bitcoin and other alt coins prices are based on supply and demand. So if one stable coin price pump what will happen to their physical asset, will it increase also or if it is going to dump their backed asset, will be lessened? lol

[bobyhodob]

I think bitcoin is only used if needed, meaning its use is not an obligation and bitcoin can be said as an alternative payment that can provide convenience when making transactions and payments will be easier, whereas for bitcoin prices will never be stable because of the influence of very limited supply and demand that is very high will always provide price movements so I think bitcoin is still inferior to stable coins.

[cutesgirl]

I think bitcoin is only used if needed, meaning its use is not an obligation and bitcoin can be said as an alternative payment that can provide convenience when making transactions and payments will be easier, whereas for bitcoin prices will never be stable because of the influence of very limited supply and demand that is very high will always provide price movements so I think bitcoin is still inferior to stable coins.

Bitcoin become alternative payment if get legal from government, without get permission from government bitcoin only for investing and trading to get profit without use as currency function, I use bitcoin only investing and trading with bitcoin without think can be alternative payment with not support in my country to use bitcoin as currency payment.