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Author Topic: No one really NEED bitcoin  (Read 3245 times)
hopenotlate
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September 12, 2014, 03:27:48 PM
 #21


If you don't need bitcoin , I need bitcoin  Grin .

Strongly agree with redsnow on this.

Furthermore: I need them more than him Wink

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llanillo
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September 12, 2014, 04:35:58 PM
 #22

Maybe you dont need it but a lot of persones need it, its their currency..

- There are no chargebacks
-  People cant steal your information from merchants
- Its fast

And there are more reasons why is a good currency

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September 12, 2014, 04:39:34 PM
 #23

That's what they said about money in the first place. But look where it stands now.

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September 12, 2014, 05:56:27 PM
 #24

Humanity needs Bitcoin you stupid prick.

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September 12, 2014, 06:01:10 PM
 #25

Most probably, OP is just another stupid troll who wants to re-buy BTC cheaper, but take a moment and consider this:

There is certain percentage of individuals here which are taking advantage of primary money emissions, fractional reserve banking and all the fraudy things governments are doing to people. Those people are most probably doing nothing in their lives and have a plenty of time to do whatever they want. Now, they finally got their true enemy: a non-inflanatory world currency which is not state-controlled, and it's probable that some of them here are them. Spreading FUD because they want to preserve system, and they really have nothing better to do... Think about it.

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September 12, 2014, 06:17:49 PM
 #26

Do you even economy? the only people not needing btc = ben ber and friends
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September 12, 2014, 07:27:40 PM
 #27

I had a video made describing why people need Bitcoin:

https://www.youtube.com/watch?v=t4UYpbRO8nw

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September 12, 2014, 07:30:26 PM
 #28

Do you even economy? the only people not needing btc = ben ber and friends

If you're referring to Ben Bernanke, you probably really mean current fed chair Janet Yellen, right?

But yes, I get your point!  Enough with the central bank and it's made up rates!   Angry

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September 12, 2014, 07:34:01 PM
 #29

Why are any of you fuckin' hurr durrs responding to a thread from a guy named bitcoinwilldie?

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September 12, 2014, 07:38:23 PM
 #30

I need it. I don't want governments to know my actual wealth. I don't want to hide my money in insecure shoe boxes.

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September 12, 2014, 08:27:16 PM
 #31

Speculation and actual fast payment processing is really good.
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September 12, 2014, 08:42:18 PM
 #32

Actually some products are selling for Bitcoins ONLY. These are Bitcoin related like miners and Trezor, but I believe it is just start. So probably substantial part of economy will be done in Bitcoins ONLY in future
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September 12, 2014, 10:02:56 PM
 #33

No one really NEED bitcoin, isn't it? you just want to buy some coins and wait for profit, and sell them at 1000or 2000 USD, and get the money out. No one need it as a currency, people buy coins only for speculation, to sell them to another idiot.

Now, there are no more idiots come to this game, and the Ponzi scheme will be over, and everyone in it will doom to hell.


 
Hahahhaha newbie , 8 activity! Probably you never had one satoshi Wink

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CtrlAltBernanke420
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September 12, 2014, 10:26:25 PM
 #34

Africa will never have the infrastructure of roads, bank branches or ATM's for that matter, Armour money trucks. etc.


Not to mention these are specific examples of how our economy would become more efficient. These guys driving around in gas guzzling, salary guzzling employees, can go do better stuff with their time other than move paper cash around in a heavily armed truck. Banks can not get a bailout.
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September 12, 2014, 10:33:50 PM
 #35



Ha, that sums it up nicely. Also, Who is to decide what we need and what we don't need? Just because OP doesn't need Bitcoin, doesn't mean that you, me, or whoever else doesn't need Bitcoin! I for one don't want to live without it anymore!

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September 12, 2014, 10:36:09 PM
 #36

I need it. I use it to transfer a certain amount of money to my family 5000km away from here. They receive it instantly without having to wait days for a bank transfer.

I can buy digital goods with Bitcoin without companies knowing who I am, what my bank details are, etc.

All the value in Bitcoin I hold is mine, no one can tell me what to do with it. That's the beauty of Bitcoin!

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September 12, 2014, 11:59:51 PM
 #37

I need it. I use it to transfer a certain amount of money to my family 5000km away from here. They receive it instantly without having to wait days for a bank transfer.

I can buy digital goods with Bitcoin without companies knowing who I am, what my bank details are, etc.

All the value in Bitcoin I hold is mine, no one can tell me what to do with it. That's the beauty of Bitcoin!



Its kinda like a gold coin, except its electronic...

As to whether it is a need or not, i dont know. I could preach about maslows hierarchy.. Cloth food, shelter, etc
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September 13, 2014, 01:14:46 AM
 #38

No one really NEED bitcoin, isn't it?
Right now, there are like 206 sovereign nations in the world, each with their own official form of State Monopoly Money. From a volatility perspective, Bitcoin is already objectively superior to about 40 or 50 of them.

If you're living in the USA or Western Europe, Bitcoin probably seems totally irrelevent to your life. After all, the dollar is stable, right? It works, so why do you need something else? The truth is you don't. Yet.

But sooner or later your tune will change when your nation's fiat scrip inflation begins accelerating to disturbing speeds.

Bitcoin is like water - you don't need it, until you do. Fortunately for all you nationalist ingrates, it will be ready and waiting, it will welcome you with open arms when you inevitably come crawling back looking for a safe place to stow your wealth.

It's not a matter of IF you will come with your bowl of worthless fiat begging for Bitcoin, it's a matter of WHEN. We are speaking of a mathematical inevitability here, friends.



Do you understand?

I sure hope it will work like this. Because, if the fiat crash brings down the Internet and/or the electrical grid, most of the people will not be able to use Bitcoin. Bitcoin will be lost just like fiat. People will go back to direct trade and barter until militaries take them over. In the U.S., because of the vast stores of guns and ammo that the people have, things just might be different.

But, if the Internet and the power grid come down, Bitcoin will at best fork all over the place. There will be more Bitcoin fiats than there have been of all the other kinds of fiats through all time. Bitcoin will probably flop just like all the others. At least, people won't trust it any longer.

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September 13, 2014, 04:07:13 AM
 #39

No one really NEED bitcoin, isn't it?
Right now, there are like 206 sovereign nations in the world, each with their own official form of State Monopoly Money. From a volatility perspective, Bitcoin is already objectively superior to about 40 or 50 of them.

If you're living in the USA or Western Europe, Bitcoin probably seems totally irrelevent to your life. After all, the dollar is stable, right? It works, so why do you need something else? The truth is you don't. Yet.
I think that bitcoin has the most potential in many third world countries, which ironically is exactly where it is being used least now. I think that Tim Draper is going to try to expand adaption of bitcoin to these kinds of places in the world. At least this is what I got from what he said after he won the SR auction.
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September 13, 2014, 05:03:46 AM
 #40

As private pension saving plan

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