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Author Topic: Why do you trust bitcoin in one sentence.  (Read 4330 times)
DeathAndTaxes
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July 25, 2012, 05:12:45 AM
 #61

"I trust Bitcoin because it does not require trust."

This.
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August 19, 2012, 05:04:57 AM
 #62

It's a math based currency and easily kept anonymous, unlike government based currency.
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August 19, 2012, 08:29:53 AM
 #63

I trust it because it is not the euro or US dollar.
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August 19, 2012, 08:33:35 AM
 #64

Because I can.

14ga8dJ6NGpiwQkNTXg7KzwozasfaXNfEU
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August 19, 2012, 09:05:53 AM
 #65

"I trust Bitcoin because it does not require trust."

This.
+1

and: "because you have full control over your money and nobody can stop your transactions"

The ASICMINER Project https://bitcointalk.org/index.php?topic=99497.0
"The way you solve things is by making it politically profitable for the wrong people to do the right thing.", Milton Friedman
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August 19, 2012, 02:47:59 PM
 #66

The technology is sound and the user community is diehard.
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August 19, 2012, 02:53:22 PM
 #67

"I trust Bitcoin because it does not require trust."

This.

Yep, I trust Bitcoin because I do not have to trust anyone if I do not want to.

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August 19, 2012, 04:18:18 PM
 #68

"I trust Bitcoin because it does not require trust."
Hehe, well said.

Well actually, it depends on trusting mathematical principles, rather than trusting people. The latter has proven to be less reliable uncountable times.

In theory, there's no difference between theory and practice. In practice, there is.
Insert coin(s): 1KazimirL9MNcnFnoosGrEkmMsbYLxPPob
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August 19, 2012, 05:47:19 PM
 #69

I didn't until it proved I should, after which I now trust it with anything.
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August 19, 2012, 05:58:19 PM
 #70

 I don't even trust the NYSE

Math is math but human behavior causes the swings.

I never thought my life could be. Anything but catastrophe. But suddenly I begin to see. A "BIT" of good luck for me. Cause I've got a golden ticket!
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August 19, 2012, 06:07:30 PM
 #71

Because I feel it's safer than payment processors.

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August 19, 2012, 06:38:42 PM
 #72

I don't trust bitcoin, but it works without my trust.

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August 19, 2012, 06:59:58 PM
 #73

why?
Math.
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August 19, 2012, 07:16:51 PM
 #74

I carefully read Satoshi Nakamoto's paper and understand the security guarantees of the algorithms involved.
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August 19, 2012, 07:24:54 PM
 #75

Everything which is NOT $ or € or something else... is my choice
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August 19, 2012, 07:31:08 PM
 #76

i'm not sure i do :-) , but i'm thick enough to try before i know all the ins and outs hehehe
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August 19, 2012, 07:49:15 PM
 #77

I trust science not goverments
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August 20, 2012, 03:10:08 AM
 #78

We can purchase & exchange products services and cash anonymously out of reach of the eyes of the local authorities, its like cash.

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August 20, 2012, 07:25:54 AM
 #79

Math.

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