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- Political reasons, supporting a (electronic) currency that has minimal restrictions. (e.g. I don't need anyone's permission to install a Bitcoin app; whereas
by doctorfoo 12y ago
- Political reasons, supporting a (electronic) currency that has minimal restrictions. (e.g. I don't need anyone's permission to install a Bitcoin app; whereas I'd need to jump through some hoops to get a bank account).
- Absolute control of my own money. My bitcoin payments will never be frozen, unlike my debit card + paypal have been.
- Ease of use; it is simply easier to pay via bitcoin (once you have the bitcoins) versus credit card. (I can click a link, my bitcoin client pops up preloaded with the amount, I click "pay". Only other thing that comes close is PayPal).
- Anonymity of purchases and donations. I can (and have) donated money to random people on internet forums without them needing to even know my (real name containing) email address (such as would be the case with PayPal). I've gifted online strangers with Pizza!
- Don't have to give vaguely untrusted merchants my card details. The most I'm trusting them with is to deliver the product.
- To support the potential future applications. This is programmable money with an API open to any software developer on the face of the earth.
- It's just freaking cool. It's like science fiction. It's like having a star wars credit chit. Which can be stored on my computer or phone. Paper wallets are cool too. So are brain wallets.
There are of course some downsides to Bitcoin, but I'm sure you can think of those yourself ;)