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Author Topic: Why we need bitcoin...  (Read 711 times)
judaspriest
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January 24, 2022, 06:33:12 AM
 #101

why do we need bitcoin because we need freedom in transactions with low fees, no taxes, fast and practical of course, also there are no regulations that can change prices easily. and I as a bitcoin user feel more comfortable if the transaction uses this bitcoin.
but if it is used as a tool for legal transactions, the world does not agree because of its fluctuating value, I think it is enough to make it a valuable digital asset.
That is the truth Bitcoin is Freedom and you be in your house and transact plenty amount of money Bitcoin exchanges no body will know except your business partner, i believe that bitcoin is something we can alone and secretly in our various destinations or environment without any one knowing, i prefer bitcoin investment than manual investment because manual investment are stressful
I think it depends on each person there are those who prefer and are comfortable investing in crypto, especially Bitcoin and vice versa there are also those who prefer to invest manually,
besides that we can see for ourselves that Bitcoin continues to develop every year and we don't know what will happen in the future

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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January 24, 2022, 10:40:51 PM
 #102

The government takes out money Unknown to us, but then with Bitcoin we have full control and freedom.
Bitcoin has been like a friend In times of trials,the poor has gotten more money from it although the sole aim of a bitcoiner is to hold down for life, but still having financial freedom is all they want and they've got it with Bitcoin.
But the problem is that the government is still above us and with a swipe of their hand, they will be able to ban the use or acceptance of bitcoin inside the domain that they're governing, it's that easy for them especially if people are stupidly obedient and they don't think for them themselves, they can be easily manipulated. I think in the matter of financial freedom, it's not enough that we are just hodling, we also should be actively looking for a way to make more money.
Even While using cryptocurrency governments were able to keep people under control with the swipe of the hand, but they weren't able to take our funds under control. This is the true goodness of holding/having cryptocurrency over the traditional fiat. Right now it is quite hard to find more ways to make money in an active manner. Providing services in exchange for cryptocurrency and acceptance of bitcoin into already established businesses were the possibilities.

AicecreaME
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January 25, 2022, 11:23:51 AM
 #103

We really need bitcoin as fallback if ever things go wrong, we have something to rely on. Most especially now that time is changing and moving fast, we have to adapt to the dynamic changes and transitions. Right now, most economies are prone to inflation more than the usual rate, hence, the devaluation of fiat money is slowly happening. Instead of having its price appreciated, it depreciates instead. Also, add up the shrinkflation happening, so most probably, in the future, we will really have to spend a lot over a small set of things that we used to buy for a cheap amount only.

Bitcoin being a store of value for the future is really something that someone who has the capacity should consider investing upon. It has so many advantages and benefits to offer today and most probably in the future as well. This could serve as a medium of exchange even after some time because blockchain is the next big thing and most of the things would certainly slowly transition to being digital and instant. We can be our very own banks and we won't undergo the hassle of consenting a third-party organization such as a bank to handle our funds because we can do it on our own.
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