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Showing 4 of 4 results by Jahrul
I've discovered Bitcoin few days ago, but I am skeptical about few things, why would I invest money in Bitcoins at the end of the day,why would I convert money into Bitcoins?
If I want to buy stocks or invest money I can easily invest with real $. Why would I convert my $ to bitcoins?
If I want to gamble , I can simply gamble on websites that require $ as currency, why would I convert it to bitcoins?
What's the difference between Bitcoins and dolars? What does bitcoin bring to the table that real $ don't, less taxes, more income?
bitcoin is a digital currency. Some online transactions, you can pay it through bitcoins. The good thing is you can make sure your dollar is safe when you convert it to bitcoin. Bitcoin also may vary from time to time. You can convert your bitcoin to dollars in large amount depending on price conversion on that period. It is also free from liability like paying taxes or charges. If I want to buy stocks or invest money I can easily invest with real $. Why would I convert my $ to bitcoins?
If I want to gamble , I can simply gamble on websites that require $ as currency, why would I convert it to bitcoins?
What's the difference between Bitcoins and dolars? What does bitcoin bring to the table that real $ don't, less taxes, more income?
Personally, if I'm in a coffee shop or any store with some people, I pull out my wallet and subtly show them my Xapo debit card. Then they get curious on what kind of card is that since it doesnt look like the usual Mastercard or creditcard. Then I explain it from there on.
What's your way of spreading Bitcoin knowledge?
What's your way of spreading Bitcoin knowledge?
My way of spreading bitcoins is simple, I just show to my family and office mates my income from bitcoin. They have started to be curious as to what is bitcoin and how they will earn. As I always update them with the value of bitcoin they become interested and started to buy more coins. But sometimes there are disadvantages in sharing bitcoins to others and that is when you join an investment they will borrow some of your bitcoins but when it turns out to be a scam they will just turn a blind eye on you.
How about only earning Bitcoin and not using them?
I think the price of Bitcoin will gain much more value.
So if we keep it as our asset we will be much rich in the future...hehe...whats your opinion about this?
Saving bitcoin for the future use is a good move since the more you hold, the higher the value you will get for a bitcoin. However, you have to weigh where you can gain more. Holding it or withdrawing and invest it.I think the price of Bitcoin will gain much more value.
So if we keep it as our asset we will be much rich in the future...hehe...whats your opinion about this?
it is a pain in the ass that you need to download a total of 3gb to have the bitcoin core though you have a turtle internet what a shame maybe developers out there could manage to have a bit internal of the memory to support many person to download such a thing! we can minimize the GB but not affecting the system and performance and others!
3GB? I hope you're not talking about the 145GB blockchain. 