University project - why use bitcoin?

[simonjohan]

Hello

We are currently working on a project about bitcoin. We are investigating who uses bitcoin and why people use bitcoin instead of the regular currencies. We would appreciate if you could answer the questions.

[lihuajkl]

I think you could google a lot of related information. The reason could be Bitcoin's features.

[LiteCoinGuy]

you should do more research into this topic 

what are your questions? what university? who are you? ...

[Elwar]

I live in Germany working for a US company being paid in dollars.

I convert those dollars to bitcoins via CoinBase for a fee of 1%.

I put those bitcoins on sale here in Germany on localbitcoins with a 10% fee. I pay localbitcoins 1% per transaction.

So, instead of sending my dollars to my german bank which charges $40 for an International wire transfer plus a 3% conversion fee (usually with a 1% conversion rate in the bank's favor), I receive 8% more pay for each paycheck.

That is one reason.

[8btc]

we want a nice future,so we need bitcoin.