Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Is Better Than Any Banks And Any Other Third Parties
by
centralbanksequalsbombs
on 08/04/2017, 05:39:22 UTC
Every year migrants around the world send billions of USD/EUR back to their families.The cost of sending cash via Western Union and Money Gram averages 10-20% in fees. However bitcoin is emerging as an alternative which offers lower fees and faster payments.

Bitcoin also helps allot for countries with high inflation to store value in Bitcoins.
Bitcoin helps for millions of people worldwide.

How bitcoin helps for your life?

Bitcoin has solved the money problem in my life, as it is a savings account THAT ACTUALLY WORKS TO SAVE!

Because bitcoin has emerged as the undisputed king of store of value asset, there is no better way in the world to beat rising costs of rent, education, traveling, healtchare, etc.

It does a better job than stocks, than gold, than real estate, than bonds.

Fiat (currencies) meanwhile have been relative trash buying less and less goods and services as years go on.
As long as Bitcoin remains scarce/limited in supply, remains decentralized via small blocks/PoW, & immutable, Bitcoin will continue to be the best store of value on the planet.

If anyone reads this and wants to understand the dynamics of why this is, please read this post titled: "Hacks & puppets & forks - how to destroy bitcoin" https://bitcointalk.org/index.php?topic=1834310.0