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Questions tagged [key-selling-points]

Questions about the key selling points of Bitcoin and related crypto-currencies. Essentially, encompassing questions about anything that would be used in an elevator pitch on Bitcoin.

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Comparing "health" of Cryptocurrencies

I am new to cryptocurrencies, and I would like to explore how an analyst might compare the "health" of two coins, for example, Bitcoin v. an altcoin. For a company that issues stocks, ...
Frank Swanton's user avatar
2 votes
2 answers

Who is the target audience?

I can not stop asking myself the question, what problem does bitcoin actually solve? Before you accuse me of being lazy and not doing any research, here is my thought process: You want to have a ...
Felix B.'s user avatar
  • 121
0 votes
2 answers

Value of cryptocurrencies: Why does noone make Bitcoin2, 3, 4,...?

Cryptocurrency disciplee sometimes say that cryptocurrencies have just as much inherent value and potential as storage of value as fist currencies. One argument specific to the Bitcoin is that its ...
Bananach's user avatar
  • 113
6 votes
5 answers

Why would I choose to use Bitcoin and not other crypto currencies like Ethereum or Dash? Why is Bitcoin better or worse than the rest?

The title basically says it all, I'm a new investor looking to fill out my portfolio but I also want to know the lay for the market, what cryptos are worthwhile, and why?
Decentralizd's user avatar
4 votes
5 answers

What advantages do "alt-coins" have over bitcoin?

I'm struggling to see the importance of alt-coins. It seems to me that one of the major selling points of the various alt-coins is their quicker confirmation times. The common argument is: this is ...
KJ O's user avatar
  • 343
-1 votes
1 answer

Why should I start using bitcoins? [closed]

I've only just heard of Bitcoin and I wonder why I should start using bincoins. What is the benefit to me of using bitcoins? Why should I want to?
audri's user avatar
  • 1
5 votes
5 answers

What benefit does bitcoin provide over using a credit card?

I am brand new to Bitcoin. I am retired investor. What benefit would using Bitcoin have over, say, using a credit card, etc.? It appears that Bitcoin is primarily designed for businesses, buying, ...
george white's user avatar
4 votes
5 answers

Does bitcoin improve on "hard" currencies in any way?

Question is in the title. Anyone who's toyed sufficiently long enough on the foreign exchange understands that currencies are largely driven by sentiment or manipulated on the odd occasion. Plus, ...
James P.'s user avatar
  • 197
8 votes
5 answers

Is there any good reason to buy Bitcoins?

I've read the introduction to bitcoins. But the main question remains: what reasons could push me to buy bitcoins today?
rds's user avatar
  • 181
13 votes
3 answers

What are the perceived advantages of bitcoin as a store of value?

This complements What are the perceived advantages of bitcoin as a means of exchange? To some, Bitcoin today is considered "better" than other stores of value. Why do some people think it's a good ...
ripper234's user avatar
  • 26.6k
218 votes
21 answers

What is a good way to concisely explain Bitcoin?

Often I'm asked to explain Bitcoin to someone and occasionally I come up with something stellar that really nails it, but most times it's a rambling incoherent mess. What I would like to see is a ...
Gary's user avatar
  • 7,593
19 votes
1 answer

What are the perceived advantages of bitcoin as a means of exchange?

There are lots of ways to send money - western union, paypal, bank wire, etc that are more established and fairly quick. What are the advantages of using bitcoin from a bitcoin-proponent's point of ...
lemonginger's user avatar
  • 5,432
67 votes
9 answers

Where do bitcoins come from and what gives them their value?

Where do bitcoins come from? From the video it appears they are just being produced by "miners" and sold to people. So who backs Bitcoin or gives it its value?
eMansipater's user avatar
  • 14.5k
3 votes
0 answers

What are the perceived advantages that bitcoin has over other currencies or other ways of sending money? [duplicate]

Possible Duplicate: What are the perceived advantages of bitcoin as a means of exchange? Suppose that the value of Bitcoin in USD magically remained constant from this day forward. What unique ...
ripper234's user avatar
  • 26.6k
16 votes
5 answers

What are the differences between Bitcoin and other crypto-currencies?

What is it that makes Bitcoin unique amongst crypto-currencies? Is it just the most popular one or does it have better design aspects too?
Jez's user avatar
  • 951