Quote from: Mr.grin on November 06, 2017, 03:03:15 AM

Quote from: Disconnecting on November 06, 2017, 02:57:31 AM

Quote from: olingare1110 on November 06, 2017, 01:44:56 AM

Quote from: drfritz on November 06, 2017, 12:03:04 AM

I know that bitcoin was made to be better, but lets take a look at the reality now.

Bitcoin as a way to send money to someone:

If I send money to my buddy overseas he will have to open up a account at an exchange and then pay all their taxes to cash out the money. At some places the bitcoin currency is different from the bitstamp. So at the end I could spend a lot more to sent him the money. I know that if it was just bitcoin it will be ok, but as of now fiat is the money that everyone accepts.

Bitcoin as a way to buy stuff:

If I want to buy stuff with bitcoin, I have to have the wallet , cold, hot and also some security hardware. The store would have to have all that and also take the risk of bitcoin do up or down too fast. So to accept bitcoin as of today, this would be more marketing than actual business.

I think bitcoin would be good only for a regular money channel between to parties. If you have to send money to your partner and if this is very expensive and take too much time, than maybe bitcoin could be better. Lets not forget that a exchange is needed to make bitcoin turn in to fiat. That may cost a lot.

That would be no hassle if we compared with cash payments, but I do believe that bitcoin has an advantage if we value it for cashless type of transactions. It's a good sources of fiat cash if you needed it badly, and people used it for better purpose not just by spending it but also for saving it for long term investments.

People should use bitcoin because it can help us people to earn a money or converting a money. For our future

I think that many have been making money from bitcoin. so, the reason why they are looking for bitcoin, because it is one source of their income. well, without it, they only earn a little money.

I agree with you bitcoin is a great help for people who do not earn much and this helps them to earn what they actually need that is why i love bitcoin because it also has helped me a lot to take care of my family.