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Author Topic: Why do we need bitcoin in the modern world?  (Read 1812 times)

Offline yousufatik

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Why do we need bitcoin in the modern world?
« on: December 07, 2018, 08:53:04 AM »
As a rule, citizens of Eastern countries and Europeans are interested in purchasing e-currency. For example, in Germany, you can legally buy real estate, paying the seller bitcoins. In Japan, you can have a good dinner in a restaurant, paying the bill with cryptocurrency. This is very convenient, because you do not need to have a lot of time and lose huge interest for the transaction. However, not everyone is in a hurry to spend their savings in this way, which are stored in the form of a digital currency. Most owners of bitcoins who buy coins from miners, deep down hope that the rate will rise unexpectedly and there will be an opportunity to sell crypto currency profitably. This is one way how to earn with bitcoins. Thus, many of those who bought the digital currency as soon as it began to gain popularity, were able to make a fortune.

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Why do we need bitcoin in the modern world?
« on: December 07, 2018, 08:53:04 AM »

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Offline bubblebubble

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Re: Why do we need bitcoin in the modern world?
« Reply #1 on: December 07, 2018, 08:56:02 AM »
Simply because Bitcoin means freedom from economic national mechanism and from bank's game.
Bitcoin decentralizes the power on the owners!

               

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Offline mamun777

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Re: Why do we need bitcoin in the modern world?
« Reply #2 on: December 07, 2018, 09:14:45 AM »
As a rule, citizens of Eastern countries and Europeans are interested in purchasing e-currency. For example, in Germany, you can legally buy real estate, paying the seller bitcoins. In Japan, you can have a good dinner in a restaurant, paying the bill with cryptocurrency. This is very convenient, because you do not need to have a lot of time and lose huge interest for the transaction. However, not everyone is in a hurry to spend their savings in this way, which are stored in the form of a digital currency. Most owners of bitcoins who buy coins from miners, deep down hope that the rate will rise unexpectedly and there will be an opportunity to sell crypto currency profitably. This is one way how to earn with bitcoins. Thus, many of those who bought the digital currency as soon as it began to gain popularity, were able to make a fortune.
Bitcoin has huge potential in terms of being a payment processor and investment and we can even see it right now. A lot of people has changed their miserable lives including me because of Bitcoin. It is also very convenient when purchasing goods and services online with Bitcoin. Here in my country we need something like Bitcoin for the common goodI do hope that governments will adopt and totally legalize Bitcoin in the near future.

Offline kamal420

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Re: Why do we need bitcoin in the modern world?
« Reply #3 on: December 07, 2018, 09:29:20 AM »
One of the reason is because bitcoin allows the user to send payment to another person with low transaction cost. In the past, whenever I am sending money to someone overseas, I would always have no choice but to use either Paypal or my local bank and the fees they charged me was relatively high, this caused me to incur a lot of unnecessary costs and I am glad bitcoin was created to give me new option whenever I am sending money overseas.
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Offline bdamenaakter

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Re: Why do we need bitcoin in the modern world?
« Reply #4 on: December 07, 2018, 09:39:52 AM »
In the future is the digital era, so that all activities are monitored and carried out digitally, including payments. Digital payments are currently developing, I'm sure in the future digital payments will definitely grow rapidly. Here the role of bitcoin can be used, bitcoin is a digital currency that can be used for payment. If bitcoin is adopted by many companies, of course bitcoin will dominate as a payment system in the digital era. Seeing bitcoin has a good development and has a system that is fairly perfect, so that in the modern era bitcoin will be needed as a payment system.

Offline svsanya

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Re: Why do we need bitcoin in the modern world?
« Reply #5 on: December 08, 2018, 04:28:06 PM »
Bitcoin can be used to exchange information and values ​​that are not related to him.  This mechanism is much better implemented by altcoins like ethereum, however, it was Bitcoin who first proposed such a concept.

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Re: Why do we need bitcoin in the modern world?
« Reply #6 on: December 08, 2018, 09:45:34 PM »
I think technology serves a purpose. Most people don’t care how their smartphone or the internet works, as long as they can benefit from what it does for them.So I’ll skip the whole ‘what’s a blockchain’ part.
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Re: Why do we need bitcoin in the modern world?
« Reply #6 on: December 08, 2018, 09:45:34 PM »


Offline Rivaldi Kunkun

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Re: Why do we need bitcoin in the modern world?
« Reply #7 on: December 08, 2018, 11:02:32 PM »
In the modern world, people will tend to choose quickly and easily. When people will go anywhere or they will go on vacation, of course, they will find it difficult to bring cash. But if they use Bitcoin for payment media, they certainly don't need to carry cash. Now the era of all using digital and Bitcoin is a digital payment media that is very easy and provides benefits.





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Offline Nolbertino

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Re: Why do we need bitcoin in the modern world?
« Reply #8 on: December 09, 2018, 03:56:54 AM »
In the modern world, people will tend to choose quickly and easily. When people will go anywhere or they will go on vacation, of course, they will find it difficult to bring cash. But if they use Bitcoin for payment media, they certainly don't need to carry cash. Now the era of all using digital and Bitcoin is a digital payment media that is very easy and provides benefits.
I very much agree with you, that with the development of era and modernization of eagerness for life easy, fast, and profitable so high, and it has. bitcoin It's no wonder the bitcoin volume is also quite a lot.
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Offline acha12

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Re: Why do we need bitcoin in the modern world?
« Reply #9 on: December 09, 2018, 02:32:42 PM »
The strongest reason is because the development of technology is increasingly rapid. Can be seen from the development of smartphones at this time, every adult has a smartphone except those who cannot buy smartphone, the existence of this smartphone makes the internet in our hands, therefore it is very suitable for us to have a bitcoin savings that can be monitored from our smartphone.
In addition, bitcoin is widely known as a digital money that has a very high value every year.

Offline gotbounty

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Re: Why do we need bitcoin in the modern world?
« Reply #10 on: December 09, 2018, 05:12:18 PM »
Bitcoin will be an effective and efficient payment instrument. It support the development of many job fields in this modern world. It can be applied for the future payment method. It should be great to have bitcoin legally in most countries in the world.     
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Offline vegasus

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Re: Why do we need bitcoin in the modern world?
« Reply #11 on: December 09, 2018, 11:59:34 PM »
It is needed to support the improvement of many sectors in modern life. People can be easier to do payment and people can get more income through bitcoin. I guess it will be very useful in the future. 

Offline gribble

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Re: Why do we need bitcoin in the modern world?
« Reply #12 on: December 12, 2018, 01:52:37 AM »
I think, because in the future is the digital era, so all activities will be monitored and carried out digitally including payments. as digital payments are currently starting to develop, so I'm sure that in the future digital payments will definitely grow quickly. Because here the role of bitcoin can be used, so bitcoin is a digital currency that can be used for payments. So if bitcoin is adopted by many companies, of course bitcoin will dominate as a payment system in the digital era. Because seeing bitcoin has a very good development and also has a pretty perfect system, so in the modern era bitcoin will be needed as an online payment system

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