Post
Topic
Board Bitcoin Discussion
Re: What do you think of your first contact with BTC?
by
todiefor17
on 03/06/2021, 08:10:46 UTC
The first time I came into contact with BTC, I felt that there was little difference between e-payment and BTC. However, with the gradual understanding, e-payment and BTC are becoming more and more different.
 In essence, electronic payment is the circulation of legal currency in one or some countries, while BTC is the circulation all over the world( If every country agrees)

I thought it was absolutely amazing.  I could send money anywhere in the world instantly and nearly for free.  I saw lots of places accepting it, developers building all sorts of amazing things, the community helping each other and freely sending BTC to each other for jokes and assistance...  I felt like I'd discovered an internet paradise.  Sure, Bitcoin and the community today is unrecognizable by that description, but rest assured that at one point, this technology was awesome and this community was the best place on the internet.  Now we're skating by on nostalgia and signature payments, but man was this place something special 8-10 years ago.

Since when did you buy Bitcoin? 2017 or earlier?
Bitcoin transaction speed higher than the local bank transfer rate is a subjective judgment on your part.
I bought Bitcoin in 2017 and it wasn't really fast because it had to wait for 6 confirmations.
We trade Bitcoin freely and we take care of all the money we send. Although we don't need to ask anyone's permission, we must put our absolute trust in Bitcoin's blockchain technology. My feeling when I first used it was that Bitcoin was so new, it was modern and vague because I was used to using a bank account before.