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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.

5
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5answers
4k views

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?
5
votes
5answers
1k views

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 ...
-1
votes
1answer
160 views

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?
5
votes
5answers
2k views

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, ...
3
votes
5answers
593 views

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, ...
8
votes
5answers
4k views

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?
13
votes
3answers
38k views

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 ...
176
votes
21answers
88k views

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 ...
17
votes
1answer
15k views

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 ...
3
votes
0answers
136 views

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 ...