Post
Topic
Board Bitcoin Discussion
Re: Why should people use Bitcoin?
by
doomistake
on 20/03/2017, 05:22:18 UTC
Bitcoin gives freedom to people from traditional banking system where they keep on paying heavy transaction costs and even the interest paid by banks is too low and inflation will eat away all that money but if you have bitcoins in your wallet then the same amount of coins can give you higher amount of money in future when the price of bitcoin will start increasing so instead of saving money in banks its always good to save money in bitcoins.

Yup, that's one of the things that make the most of those who know the bitcoin use it. Because the currency is not the usual bitcoin or currencies that are used only to be Exchange in business transactions. So, even though right now it's still very little bitcoin users, but if in the future the bitcoin will definitely many who use it and give an advantage to those who keep it from now
 

Yeah bitcoin is still very new currency to many people and either they have not heard about it or they don't know how to make best use of it but they will start using it once bitcoin will be publicly accepted which will draw attention of many people towards it.

We are not sure about that, about people are going to use bitcoin when the Government accepted it? I don't think so, because not all of the people living here in this world could understand such thing, I mean the technologies, especially this bitcoin. Not all of the people experienced how it feels to go to school, because of financial problems, that is why they have decided to work in their early age, for them to survive this world, that is why, it would be hard for them to adjust and use this bitcoin, I am sure their excuses would be "Why would I use that complicated thing if I could use fiat?" something like this.

Maybe it is possible for them to turn themselves in doing bitcoin, if there will be an easy way to earn this coin in the future and not something like this which requires a laptop, or a smartphone so you could post in this forum, join signature campaign to earn bitcoin per week or per month, do trading, and so on.