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Author Topic: 6 things bitcoin introduced to us  (Read 3309 times)
altcoinlady
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Imagine Me and You


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September 08, 2014, 03:30:01 AM
 #21

Anonymity! Smiley That is why I love btc

mllenios
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PAMINTA 101


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September 08, 2014, 02:15:34 PM
 #22

In my opinion, anonymity mostly Smiley
but being anonymous makes it hard to get your btc if you are scammed or the like.

thecast
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September 08, 2014, 02:18:57 PM
 #23

Total fredom to manage your value, call it money, assets, or whatever, but freedom.
BrunesBTC45
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September 09, 2014, 12:59:41 PM
 #24

Total fredom to manage your value, call it money, assets, or whatever, but freedom.

So are you a firm believer of it huh.. What will you do if it drops below $300?
ravenno
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September 09, 2014, 03:25:14 PM
 #25

Just a bit of research here. What are the things that bitcoin introduced us to? Is there any?

Go and check on white paper.
thealtcoinguy
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September 09, 2014, 07:54:49 PM
 #26

Freedom to exchange money globally without the reality of borders or centralized institutions. Beautiful.
Velkro
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September 09, 2014, 07:58:11 PM
 #27

freedom of payment, keeping your money safe (password in ur head and noone can take it without)
cambda
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September 09, 2014, 11:56:48 PM
 #28

Global currency without need of a central authority. Bitcoin become very strong now since so many merchants accepting it, 1 or maybe 2 next years and every major merchant will accept Bitcoin - it tells something about Bitcoin!
Youghoor
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September 10, 2014, 02:00:59 AM
 #29

no chargeback that is the best.
Hendrick0909
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September 16, 2014, 12:52:36 PM
 #30

Bitcoin taught me how to save and buy something I really want.
giveBTCpls
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September 16, 2014, 04:16:01 PM
 #31

I love how Satoshi approached the concept of double spending. We can make many copies of digital data, e.g. people copy software and sell it as counterfeit or pirated copies. We may face the same problem with digital currency – one can copy the digital currency (let’s suppose USD10) and use it as many time as he/she like (as many notes of USD10). Satoshi solved this problem by showing all transactions in a public list. Whenever a new transaction is made, its validity is checked by confirming from the list that the digital currency was not used before. This way, no one can copy the currency and use it for more than one time. It’s a simple but effective idea to stop double spending of the same bitcoin.

Zebra
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September 17, 2014, 03:48:27 AM
 #32

Just a bit of research here. What are the things that bitcoin introduced us to? Is there any?

Other than bitcoin and altcoins, is there any way you can send your money to someone across the globe without a 3rd party involved?
I guess not. Grin

counter
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September 17, 2014, 04:02:30 AM
 #33

The most important one for me is the ability to make a transaction without the need of a third party or a middleman.  Low fees, fast transaction times, just being a secure place to put money no one else can access and the other features not currently being used that I'm not so familiar with.
koshgel
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September 17, 2014, 04:19:18 AM
 #34

Easy gambling! So quick to deposit/withdraw as opposed to fiat.

Kolakazki
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September 18, 2014, 11:01:45 AM
 #35

The most important one for me is the ability to make a transaction without the need of a third party or a middleman.  Low fees, fast transaction times, just being a secure place to put money no one else can access and the other features not currently being used that I'm not so familiar with.

So in paypal? Who is the middleman there?
tzpardi
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September 23, 2014, 01:59:27 AM
 #36

For me the greatest invention in Bitcoin is the decentralized transaction processing.
Undefeatable
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September 23, 2014, 05:17:15 AM
 #37

You need to secure your bitcoin wallet more then anything else..

danel
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September 23, 2014, 05:46:35 AM
 #38

If it wasn't for bitcoin I will never learn how to trade cryptocurrencies.
Yuki1988
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September 23, 2014, 08:45:59 AM
 #39

The most important one for me is the ability to make a transaction without the need of a third party or a middleman.  Low fees, fast transaction times, just being a secure place to put money no one else can access and the other features not currently being used that I'm not so familiar with.

So in paypal? Who is the middleman there?

Paypal in the middleman.
Say if I want to send you $100, I need to fund my account with credit card or bank transfer, and transfer my paypal balance to you. You can then withdraw your balance to your bank account.
The company can stop the balance transfer, revert the transfer or ban your account if it wants.

On the contrary, no one can stop me from sending you some bitcoin, and no one can seize my bitcoin in my wallet.

landonbridge
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September 24, 2014, 06:05:41 AM
 #40

Easy gambling! So quick to deposit/withdraw as opposed to fiat.



Too much headache on gambling.
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