Quote from: Jombitt on October 03, 2017, 03:22:09 AM

Quote from: smartbitcoininvestor on September 10, 2017, 01:10:10 AM

So today I purchased web hosting from Namecheap using Bitcoin and it was incredibly cheap, simple and best of all, anonymous. When it comes to website ownership, depending on the kinds of sites you are building, this can be an important thing.

One of the reasons why Bitcoin took off initially was because of its privacy and anonymity benefits. Back then there were so few places where you could actually spend Bitcoin, so people ended up purchasing illegal things to test out the platform.

Now, we can see and trust definite advantages that Bitcoin as a technology brings - secure store of value, anonymity, global/universal currency, transparency (blockchain), software apps can be built on top, etc

but I really just wanted to get your opinion...

What are some advantages of paying with Bitcoin?

Paying with bitcoin doesnt need to expose your identity no need to use and i.d to buy things online. Buying and selling with bitcoin is easy and very convenient. No need to pay tax just a minimal fee for blockchain transaction.

But it is also the reason Bitcoin has not any benefit when the government accept it. A currency can not gives a source of income from tax, how to accept it if you are the government?