Post
Topic
Board Bitcoin Discussion
Re: Why use Bitcoins ?
by
valentinen39
on 05/04/2018, 17:20:23 UTC
Why use Bitcoins ?

I keep seeing threads on “why don't people” ? The real question to me is Why would they ?

-The average consumer will go way out of their way to save money. Bitcoins cost more.
-The average consumer will usually pay a little extra to have convenience. Bitcoin is less convenience and more hoops and complications.

I just cannot see any reason for the average consumer to use Bitcoins. Until average consumers start using Bitcoins they will just be an experiment and a small speculative bubble.

I have my personal reasons, I am interested Bitcoins them as a tech person, speculative investor and person that follows evolving treads and markets. I am just struggling to see any.. benefits for the average consumer at this stage.   

Bitcoin is very good for long term investment because of the market price that keeps on growing each day and if people will hold their coins for a very long time then the price of cryptocurrency will increase even more because the demand will keep on increasing and supply decrease due to people who are keep on holding their coin.