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by josefwasinski
4572 days ago
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1. A hidden asset that can't be taxed, a digital swiss bank account 2. Total control of movement with no fees, instant free wire transfers. 3. Purchasing of goods anonymously 4. Secure from external sources - avoiding bank of cyprus events In my opinion its all about its widespread acceptance. It's like a telephone the more people who use bitcoin the more value there is. |
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2. I'm not sure about the "no fees" bit. The volatility could hurt much more than the fees. But this could be a valid reason, though not today, at least for me.
3. How? They would still need to send me the goods. The only way to buy something anonymously is with a cash transfer wearing a mask and making sure you're not followed.
4. I think it's quite the opposite. A larger percentage of Bitcoin users are hurt by Bitcoin bank robberies than that of people hurt by "bank of Cyprus" events.