Post
Topic
Board Bitcoin Discussion
Re: So Whats the Difference when you use BTC?
by
morantis
on 30/11/2015, 16:34:52 UTC
One big thing I can think of is that every time you use a credit/debit card, a transaction fee goes to a big bank/payment processor.  With btc, it goes to a miner.

Other than that, how does it benefit you to use btc?  I mean you need fiat to get btc, and then usually need to take fiat out.  So where is the net benefit besides the fees being lost by the big banks/payment companies?

I don't want this is sound off-topic it is actually going straight to your topic.  What I picture for the future is a world without paper and without a "wallet".  This is getting there already with things like ApplePay and PayPal, but I think that BTC is more suited to the final stages.  I picture leaving the house everyday with nothing more than my phone.  It will have my ID in it and all my money.  I think the way that BTC does this is better than PayPal or Google or whomever.