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Author Topic: Why use bitcoins when my dollars are working just fine for me?  (Read 3975 times)
NattyLiteCoin
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July 19, 2014, 02:25:55 AM
Last edit: July 19, 2014, 02:50:00 AM by NattyLiteCoin
 #61

(1) Been to a bank on a Friday afternoon? It's maddening.
(2) Safeguarding 1 $100 bill, 3 $50 bills, 17 $20 bills, 7 $10 bills, 13 $5 bills, 25 $1 bills, 34 quarters, 22 dimes, and a buffalo nickel. In a cash register.
(3) How much does it cost to make a penny again? How much effort went into that new $100 design? Money costs more to make than it's worth. Poor business model.
(4) I take your debit card, I have a 1 - 10,000 chance of getting your pin right.

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Bitcoin For Dummies (OP)
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July 21, 2014, 06:00:34 PM
 #62

Thank you all for crowd sourcing this! I made a great list of key points to use for the video!
Will post it when it's done.

Bitcoin For Dummies Channel on Youtube -> https://www.youtube.com/user/BitcoinForDummies  Shocked
eldinhadz
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July 21, 2014, 06:03:24 PM
 #63

Why use dollar when my Bitcoins are working just fine for me?
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July 21, 2014, 11:50:50 PM
 #64

Besides a payment method, I believe bitcoin can work as an investment similar with gold.

Yes, definetly.
One of the great things about bitcoin, and what makes it much better option than dollar or some other fiat, is that it can be moved without insane fees.
And, like you said, it has amazing investment area, as it can be used as a store of value.

Anyone talking about bitcoin scepticly has been prooven wrong, now if we could do something more about the safety to prevent dumbos from loosing their wallets, it would be even better.

cheers
The fact that bitcoin can be moved around the world quickly and nearly free is probably it's biggest advantage. With fiat you will almost always encounter some kind of fee when sending funds even to someone in the same state as you, and generally speaking the farther you need to send a payment, and the more you need to send, the more expensive it is to send the payment.

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July 23, 2014, 06:19:52 PM
 #65

Here is the result of all your input guys
https://bitcointalk.org/index.php?topic=707114.0

Bitcoin For Dummies Channel on Youtube -> https://www.youtube.com/user/BitcoinForDummies  Shocked
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