That's why I really like bitcoin :)

[JayJuanGee]

Throughout history, there has been a conflict between solid currencies such as gold and silver and fiat currencies. Bitcoin has emerged on the stage of history as an additional alternative to solid currencies such as gold and silver. I'm already on the side of solid coins. That's why I love Bitcoin so much. We don't need to count the extra great things like peer-to-peer payment, decentralized structure, semi-anonymous structure, financial freedom and portability...

The extra great things about bitcoin likely causes it to be something in the neighborhood of about 1,000x better than gold - even though it could take 20-200 years for the market to price in such reality (and for the vast majority of the population to also realize such), so therefore, even if we cannot be sure how long it could take for the market prices to work out, currently we can see that bitcoin has a market price that is about 1/20th of gold's even though it is about 1,000x better.  How to respond to such disparity seems like a fairly obvious answer for those who can see (recognize) the situation for what it seems to be.

It’s decentralized, no need for any 3rd party to babysit your sale and take a piece of it. In developing nations, this technology is enabling more practical operations that will enable translucency and combat corruption in governments.

Then why is it so difficult for governments to accept Bitcoin or other cryptocurrencies as currency. I believe, most of the current use of Bitcoin is private parties, while government agencies are more controversial and even reject Bitcoin.
If Bitcoin is good, why don't they use it? Of course this is a question that arises in our minds.
We know that most state institutions around the world are not clean from corruption. So they reject the transparency system that can interfere with their actions, namely corruption. They don't reject Bitcoin, but they reject the transparency system that exists in Bitcoin. My assumption is so, although the assumption is too much.

Bitcoin like everything else in the world, cannot please everyone. The government saying bitcoin is not good does not mean not good, not good for them but it has a lot of benefits for us, maybe it's not good for you but for me it would be great.

Bitcoin is good for almost everyone, even if they do not know about that, yet.  Bitcoin is also better when the proportion of holding it is figured out in balanced kind of way, instead of considering how much to hold in terms of "all or nothing."

And, of course, it is more good for some people versus others based on some use cases that they might have or that they might have some conditions in which they would particularly be advantaged more than others, relatively speaking.

The transparent system is what makes bitcoin different from the fiat they created, decentralized, transparent is the core of bitcoin, so they can't accept it. If they accept bitcoin, they won't be able to hide the crime they are committing behind the backs of citizens who trust them.

There's some truth in what you are saying, but I would not assume all publicly accountable institutions are evil.. so there would be degrees in which they manipulate information or engage in sloppy accountings.. or in the broader cases when money printing is going on in a way that taxes the public without getting consent..   Privacy is not completely a bad thing either.. so frequently there are needs for privacy, too... It seems that bitcoin changes some of the dynamics, but there still are going to be some needs to protect some of the privacy related to finances for some institutions that start to use bitcoin or holding it in their treasuries... 

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[Vaculin]

There is nothing to dislike about Bitcoin. Bitcoin is a very popular currency around the world Soon Bitcoin will launch its own transaction in every world With the way people are getting interested in Bitcoin, we can see the better position of Bitcoin in the last few years.And an investment currency good enough to invest in That's why everyone loves Bitcoin.

Well, to be honest, sometimes I get annoyed with how bitcoin price changes suddenly. Like you if you have plan to sell some of your bitcoin because you want to spend for a very important reason, and then it’s price suddenly fall, you will end up feeling disappointed. But now, I get used to it. Instead of hating it’s volatility, I learned to accept it and get used to it and just buy instead when there are opportunities to buy more.

[EarnOnVictor]

Throughout history, there has been a conflict between solid currencies such as gold and silver and fiat currencies. Bitcoin has emerged on the stage of history as an additional alternative to solid currencies such as gold and silver. I'm already on the side of solid coins. That's why I love Bitcoin so much. We don't need to count the extra great things like peer-to-peer payment, decentralized structure, semi-anonymous structure, financial freedom and portability...

I appreciate Bitcoin so much as it has unique technology and principles of operation that outweighs the traditional ways of investment and settlements, but in fairness, gold, silver and fiat have their advantages over the cryptocurrency too. As much as I would want to say I love Bitcoin more than the others, it might only be about the low transaction cost and the decentralization of BTC that would be the valid advantage of it over the earlier listed ones.

[KaliLinux]

Don't forget to continue liking bitcoin when things that make you feel that bitcoin doesnt like you occur - the price plunge, regular hacking activities, exchanges going bankrupt, people claiming to be Satoshi etc. They are many bad features linked to bitcoin but, its not meant to stop anybody from continues usage of bitcoin, I'll urge you to keep up with the things that make you happy about bitcoin despite the numerous negative news appearing on news platforms just to detriment the good aspect of  bitcoin. As for me I like bitcoin because they is no third party that is in control of daily transactions.

I believe that people that do not understand why they started investing in Bitcoin other than just for the profits would likely be those that can easily be deterred by all those negative occurrences in the Bitcoin space. The only supposedly downturn to Bitcoin most complain about is price volatility (Bear market), but those that understand the good to that aspect know not to worry but take advantage of it, and other than this, Bitcoin for me has been the better investment than any other in the past decade.   

[Obari]

Bitcoin and Satoshi is freedom. I'm glad we're having more people loving and wanting to know more about Bitcoin, I have a friend who made it genuinely through Bitcoin and he has been one of my greatest motivations towards attaining my financial freedom through Bitcoin. Though there are numerous downsides to Bitcoin, I've decided never to give up because I'm certain and know that nothing good and sustainable comes easy and Bitcoin has come to stay and one thing I love so much about Bitcoin is the great opportunity for diversified wealth creation it has provided for many.

Why we also focus on the sweet and happy sides and moments of Bitcoin we should also have in mind the downsides and also remember to be smart as life isn't the way it seems, same as Bitcoin who rewards smartness over severe hardwork.

[theCommittalist]

Giving the internet a form of money it has energized greatly the cause of the global netizen.

[yudi09]

As an intangible currency, Bitcoin is an asset that will stay in the event of a natural disaster. This applies to people who already have Bitcoin as an asset. This is one of the advantages of Bitcoin and Bitcoin will be a virtual currency that has a very high price someday even though the current price is still $19.xxx.

In general yes but personally it depends. If you store your keys on a paper or even in a steel and you don't back it up on other locations then you might still lost your btc whenever there are natural disasters. You can say that you have done some back up including online but you can't still access your btc's right away if there is no internet or electricity in the area caused by natural disasters.

Storage needs to be done both online and not online. In addition to online storage, it is very necessary to store on the hardware. If the storage has been carried out to the backup stage in another location but still has the potential to be lost when a natural disaster occurs, it means that there is no safe storage area anymore. This means that if a natural disaster occurs that can damage homes and other facilities that can cut internet access, then what chance of losing our BTC assets?

[Cryptmuster]

Storage needs to be done both online and not online. In addition to online storage, it is very necessary to store on the hardware. If the storage has been carried out to the backup stage in another location but still has the potential to be lost when a natural disaster occurs, it means that there is no safe storage area anymore. This means that if a natural disaster occurs that can damage homes and other facilities that can cut internet access, then what chance of losing our BTC assets?

There is definitely such a risk, then you probably need to store the split seed phrase in several copies in several places. There is probably no point in learning a seed phrase by heart, because without constant repetition you will forget it very quickly. This issue has already been discussed several times on the forum, there are quite a few solutions. I like bitcoin because I myself am personally responsible for the safety of my coins, that I do not have to trust anyone with their safety, that for this I do not need the services of banks or vaults.

[Hamza2424]

Your first point looks very obvious for the choice of BTC as on priority basis digital assets are far more secure and easy to utilize as compared to the hard cash. Digital Word sounds good and Cash aounds booring haha that my point anyway 😉 enjoy the Store of Value like really if you know what it is then you can say that.

[ajiz138]

Storage needs to be done both online and not online. In addition to online storage, it is very necessary to store on the hardware. If the storage has been carried out to the backup stage in another location but still has the potential to be lost when a natural disaster occurs, it means that there is no safe storage area anymore. This means that if a natural disaster occurs that can damage homes and other facilities that can cut internet access, then what chance of losing our BTC assets?

There is definitely such a risk, then you probably need to store the split seed phrase in several copies in several places. There is probably no point in learning a seed phrase by heart, because without constant repetition you will forget it very quickly. This issue has already been discussed several times on the forum, there are quite a few solutions. I like bitcoin because I myself am personally responsible for the safety of my coins, that I do not have to trust anyone with their safety, that for this I do not need the services of banks or vaults.

I think to save the seed phrases in this way is more than enough "How best to secure your Private Keys and/or Seed phrases" however we ourselves are responsible for all the seed phrases that we store as well as possible nothing will happen it's a good step with the backup.
I myself keep it only in 2 places online and offline, it's more than enough and safe for me, so I don't think it's too much risk but we ourselves have to be able to keep it safe.

Your first point looks very obvious for the choice of BTC as on priority basis digital assets are far more secure and easy to utilize as compared to the hard cash. Digital Word sounds good and Cash aounds booring haha that my point anyway 😉 enjoy the Store of Value like really if you know what it is then you can say that.

I think everyone has a different choice but Bitcoin is prioritized because of the advantages they know but it can't be separated from fiat, no matter what our needs are for those who can't pay Bitcoin in their country.

Glancing at Twitter @Bitcoin Magazine Bitcoin has become a good adoption in some countries and some have even ratified it as a legal payment, if only half the world adopted it en masse there is a possibility that we can use the true function of Bitcoin which is a means of payment anywhere, but that's all still a good step for the future.

[Vzae]

Today it is not about as to liking bitcoin....and then You are to trying to explain why, since every bitcoin user knows very well why they use it... We must stop being redundant in positive discourse and be more proactive.

agree, this is the importance of increasing a broader perspective for the good of yourself. Things that are too fanatical that continue to be excessive aren't good for the future, by making topics that lead to being proactive like this that can give birth to the words fomo and fudder. basically everyone has a personal reason for using bitcoin, let it run its course.

[CryptoHeadlineNews]

As for me, I like bitcoin because they is no third party that is in control of daily transactions.

And for me, I like Bitcoin because it is a fast means to transfer money across borders, as with the use of Bitcoin people don't need to waste time anymore joining queues at the bank just to send money through "Western union or Moneygram" to a family member or friend studying overseas who needs urgent money for basic needs instantly, of which with the help of Bitcoin, all these can be done within 10 to 15mins.

[Note3]

You don’t have to physically carry it around. You can gutter the paper or plastic and free up your precious fund space.

Bitcoin is like a bank that’s in no way closed, this currency is moving and available 24/7. Further people and places are starting to accept it, from coffee shops to real estate possessors, this is a currency gaining traction and seems to be gaining worldwide acceptance.

For ease, yes it is very simple and like having your own bank can be carried anywhere, but don't forget the holders, especially new users, must pay attention to security, if in the bank we can lose value because of inflation and other things as happened in China some time ago where customers cannot withdraw their money but bitcoin can be lost because they do not pay attention to security when storing or using it, losing the PK or got hacked.

[Xeon]

Then why is it so difficult for governments to accept Bitcoin or other cryptocurrencies as currency. I believe, most of the current use of Bitcoin is private parties, while government agencies are more controversial and even reject Bitcoin.
If Bitcoin is good, why don't they use it? Of course this is a question that arises in our minds.
We know that most state institutions around the world are not clean from corruption. So they reject the transparency system that can interfere with their actions, namely corruption. They don't reject Bitcoin, but they reject the transparency system that exists in Bitcoin. My assumption is so, although the assumption is too much.

The third party just doesn't want to make any official recognition of the benefits of Bitcoin. They personally continue to set aside money to invest in Bitcoin because they know that Bitcoin can be a valuable asset in the future.

In line with your assumptions. None of their institutions are clean from corruption. Because the Bitcoin system is very transparent, those who still put their personal interests first will still reject the Bitcoin transparency system.
As supporters who will always support Bitcoin, we better forget about the third party because it can waste energy.

Corruption is the key word here because governments are all corrupt, not just one or two, all of them which means if bitcoin becomes more public information and used by everyone, becomes legal tender or something, then it's going to be very hard to be corrupt and spend everyone's money on a useless thing, and that will result with them being terrible in the long run.

I am not saying that it's going to be impossible, even with that there would be some people who will support corrupt people just because they are thinking the same way on some political ideas, but it will become harder to find voters if your corruption is out in the open.

[Reatim]

You don’t have to physically carry it around. You can gutter the paper or plastic and free up your precious fund space.

Bitcoin is like a bank that’s in no way closed, this currency is moving and available 24/7. Further people and places are starting to accept it, from coffee shops to real estate possessors, this is a currency gaining traction and seems to be gaining worldwide acceptance.

For ease, yes it is very simple and like having your own bank can be carried anywhere, but don't forget the holders, especially new users, must pay attention to security, if in the bank we can lose value because of inflation and other things as happened in China some time ago where customers cannot withdraw their money but bitcoin can be lost because they do not pay attention to security when storing or using it, losing the PK or got hacked.

in every currency we are going to hold, better to understand the consequences  and also the security , nowadays there are advance technology that hackers uses or scammers but with so much information now in internet and in groups such this? I think only laziness and stupidity that will lead us to hacking or scamming.
some because of greed but mostly because of their own mistake not studying how they can be safer.

[Xeon]

Throughout history, there has been a conflict between solid currencies such as gold and silver and fiat currencies. Bitcoin has emerged on the stage of history as an additional alternative to solid currencies such as gold and silver. I'm already on the side of solid coins. That's why I love Bitcoin so much. We don't need to count the extra great things like peer-to-peer payment, decentralized structure, semi-anonymous structure, financial freedom and portability...

I appreciate Bitcoin so much as it has unique technology and principles of operation that outweighs the traditional ways of investment and settlements, but in fairness, gold, silver and fiat have their advantages over the cryptocurrency too. As much as I would want to say I love Bitcoin more than the others, it might only be about the low transaction cost and the decentralization of BTC that would be the valid advantage of it over the earlier listed ones.

I do not see the advantages of precious metals over bitcoin to be fair. Maybe that is just me and maybe there is one and I am not good at it, but at the end of the day I know that it is available and it is doable and I am just not accepting it, because why would I accept another asset as better than the one I am holding?

Then people could ask me, why do you think there is a better one but you prefer not to use it? That is why it's a lot better to have something like this in the long run instead, makes a lot better situations and give a lot better results to just trust the thing you invest into and that is what I am doing right now with 100% committing to bitcoin.

[Maestro75]

You don’t have to physically carry it around.

You do not also have to physically carry cash around to spend it too, the same way with bitcoin. I do not see anything special or of advantage there to bitcoinif you are going to use that as a point. Another thing is that we do not have to see bitcoin as banks. Both of them operate differently. Bitcoin operates 24hrs and none stop but banks have restrictions with when and how to operate, days off, and middlemen.

[romero121]

You don’t have to physically carry it around.

You do not also have to physically carry cash around to spend it too, the same way with bitcoin. I do not see anything special or of advantage there to bitcoinif you are going to use that as a point. Another thing is that we do not have to see bitcoin as banks. Both of them operate differently. Bitcoin operates 24hrs and none stop but banks have restrictions with when and how to operate, days off, and middlemen.

Physical currencies too have the similar features. Over time everything have well advanced. Bitcoin wallet serves as one's own bank, because it is you who can control it. Banks are different, and OP have mentioned it just to indicate the reason that attracts.

[EarnOnVictor]

Physical currencies too have the similar features. Over time everything have well advanced. Bitcoin wallet serves as one's own bank, because it is you who can control it. Banks are different, and OP have mentioned it just to indicate the reason that attracts.

Of course, there will be some similarities between fiats and Bitcoin, but I must say that Bitcoin is more advantageous and makes you feel that you truly own the coin you possess. Fiat has cheated us a lot, and the large difference in usage of the most popular payment system between countries irritates me. But with Bitcoin, the owner has the absolute right and would be able to pay and enjoy being paid as long as the dealer allows the coin.

In other words, with BTC, you can do payments that the best countries in the world could do with the same rights, unlike fiats in which they discriminate.

[ajiz138]

Physical currencies too have the similar features. Over time everything have well advanced. Bitcoin wallet serves as one's own bank, because it is you who can control it. Banks are different, and OP have mentioned it just to indicate the reason that attracts.

Of course, there will be some similarities between fiats and Bitcoin, but I must say that Bitcoin is more advantageous and makes you feel that you truly own the coin you possess. Fiat has cheated us a lot, and the large difference in usage of the most popular payment system between countries irritates me. But with Bitcoin, the owner has the absolute right and would be able to pay and enjoy being paid as long as the dealer allows the coin.

In other words, with BTC, you can do payments that the best countries in the world could do with the same rights, unlike fiats in which they discriminate.

That's the advantage of Bitcoin because we ourselves control it and the value can rise over time in the future, Fiat is still money which in my opinion is more destitute because there are many things that we can't control in terms of our party influencing it in value, sometimes payments the system has a bit of complexity, although it is not as easy as Bitcoin which is used easily and quickly.

Now that there are many popular countries that accept payments with Bitcoin, it is an convenience for us when traveling abroad to visit the country, for example, there is no need to exchange fiat into their currency, but with Bitcoin, we just need a QR which is simpler, I imagine if this is all the world to apply it maybe they will have no trouble.

Illustration of the difference between Bitcoin and Fiat