|
Superways
|
 |
August 30, 2016, 07:12:51 PM |
|
because the value of cash can decrease from day to day, but if you invest your cash in bitcoin the price of bitcoin is expecting to increase, therefore it is better to keep your assets in bitcoin instead of cash.
and it will be decreasing because there is more and more money being printed out, in my opinion bitcoins are way better because of that In terms of investment bitcoin will dominate as it has no inflation unlike in cash but it terms of currency cash will win over bitcoin as cash are accepted anywhere in the world and it is more convenient to use than bitcoin. Your cash is accepted only in your country, it is a limited currency limited to their own nations, and I have bitcoin because I am feeling more convenient with that to shop internationally on online shops, while with the currency of my country I cannot buy anything outside my country. |
|
|
|
|
|
|
|
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
mobilestrike
|
|
August 30, 2016, 09:24:36 PM |
|
because the value of cash can decrease from day to day, but if you invest your cash in bitcoin the price of bitcoin is expecting to increase, therefore it is better to keep your assets in bitcoin instead of cash.
and it will be decreasing because there is more and more money being printed out, in my opinion bitcoins are way better because of that In terms of investment bitcoin will dominate as it has no inflation unlike in cash but it terms of currency cash will win over bitcoin as cash are accepted anywhere in the world and it is more convenient to use than bitcoin. Your cash is accepted only in your country, it is a limited currency limited to their own nations, and I have bitcoin because I am feeling more convenient with that to shop internationally on online shops, while with the currency of my country I cannot buy anything outside my country. You are right, it is bitcoin which is international currency and none of the country own it and so none of the country(people) will have any reason to reject it for their business and for their other financial matters. |
|
|
|
|
bitkilo
Legendary
 Offline
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
|
|
August 31, 2016, 04:47:52 AM |
|
because the value of cash can decrease from day to day, but if you invest your cash in bitcoin the price of bitcoin is expecting to increase, therefore it is better to keep your assets in bitcoin instead of cash.
and it will be decreasing because there is more and more money being printed out, in my opinion bitcoins are way better because of that In terms of investment bitcoin will dominate as it has no inflation unlike in cash but it terms of currency cash will win over bitcoin as cash are accepted anywhere in the world and it is more convenient to use than bitcoin. Your cash is accepted only in your country, it is a limited currency limited to their own nations, and I have bitcoin because I am feeling more convenient with that to shop internationally on online shops, while with the currency of my country I cannot buy anything outside my country. You are right, it is bitcoin which is international currency and none of the country own it and so none of the country(people) will have any reason to reject it for their business and for their other financial matters. Just because bitcoin is an international currency doesn't mean that everyone will accept it, i could think of 100 different reason why someone may not want to accept bitcoin. New currency, too technical, no insurance of funds, ect. |
Not a paid signature, just added to promote Bitcoin.com  |
|
|
freedomgo
Legendary
Offline
Activity: 3094
Merit: 1144
|
|
August 31, 2016, 07:15:24 AM |
|
because the value of cash can decrease from day to day, but if you invest your cash in bitcoin the price of bitcoin is expecting to increase, therefore it is better to keep your assets in bitcoin instead of cash.
and it will be decreasing because there is more and more money being printed out, in my opinion bitcoins are way better because of that In terms of investment bitcoin will dominate as it has no inflation unlike in cash but it terms of currency cash will win over bitcoin as cash are accepted anywhere in the world and it is more convenient to use than bitcoin. Your cash is accepted only in your country, it is a limited currency limited to their own nations, and I have bitcoin because I am feeling more convenient with that to shop internationally on online shops, while with the currency of my country I cannot buy anything outside my country. You are right, it is bitcoin which is international currency and none of the country own it and so none of the country(people) will have any reason to reject it for their business and for their other financial matters. Just because bitcoin is an international currency doesn't mean that everyone will accept it, i could think of 100 different reason why someone may not want to accept bitcoin. New currency, too technical, no insurance of funds, ect. Yeah! but at least we can see a good number of major countries that is accepting bitcoin and that is a good improvement already for the bitcoin economy, this will continue in the years to come but would not replace fiat as the main currency. We can all use bitcoin and cash at the same time and no reason we will destroy the other. |
|
|
|
|
Doms
|
|
August 31, 2016, 08:14:31 AM |
|
I wouldn't say that I'd take bitcoin over cash. Bitcoin is just a new digital currency and it is clearly not yet stable. A lot of things can affect the way the price behaves and there are way less options to use it compared to cash. Although I am looking forward to a day when bitcoin is more popular and widely used, I would still prefer cash / fiat over bitcoin.
|
|
|
|
|
|
lienfaye
|
|
August 31, 2016, 09:15:43 AM |
|
The main reasons are low fees, fast transactions and safety. Why should you pay more in a money transfer company like the western union and others like that if you can do it through bitcoin. So simple and faster, in my opinion.
I agree, i like sending money through bitcoin because it has less transaction fee and they can receive it in instant. i dont have to fall in the line in remittance center so its hassle free. and if you just hold btc in your wallet there is a chance you can get profit if the price become high. however i cant live without cash though. |
|
|
|
Fatanut
Legendary
Offline
Activity: 1008
Merit: 1059
|
|
August 31, 2016, 11:09:47 AM |
|
Everything has an ups and downs over something. In this case, Bitcoin vs cash. Cash is superior to bitcoin because it's the standard measure of payment. If you want to buy something, you can buy it right away with cash. No more conversion or waiting for a certain number of blocks to mine, you just give your cash to the other person. In bitcoin, you can't buy anything offline. All the transactions that involves Bitcoin has to be done online because Bitcoin is a crypto-currency.
But the thing is, Bitcoin's market is always moving. In cash, it will always be the same unless your country makes a huge leap economically. Storing bitcoins for a while, the value of it in terms of USD is likely to be more than what it was back then.
|
|
|
|
kim.apps
Newbie
Offline
Activity: 56
Merit: 0
|
|
August 31, 2016, 01:01:10 PM |
|
In these days, I don't think you should have all of your portfolio in bitcoins, and nothing in cash. Because, as you well know, you still cannot buy everything using cryptocurrencies. You still need paper money to use daily.
|
|
|
|
|
|
virtualkeybuyer
|
|
August 31, 2016, 01:27:13 PM |
|
In these days, I don't think you should have all of your portfolio in bitcoins, and nothing in cash. Because, as you well know, you still cannot buy everything using cryptocurrencies. You still need paper money to use daily.
You are right, as till now there are not much stores which can provide everything for our living and are not much services with which we will be able to pay for any service we have for our life , so we will have to keep some amount of our cash in fiat. |
|
|
|
|
skysblu
Full Member
Offline
Activity: 219
Merit: 205
_Bitcoin Africa_
|
|
August 31, 2016, 04:16:05 PM |
|
because the value of cash can decrease from day to day, but if you invest your cash in bitcoin the price of bitcoin is expecting to increase, therefore it is better to keep your assets in bitcoin instead of cash.
and it will be decreasing because there is more and more money being printed out, in my opinion bitcoins are way better because of that you are right, because of that i really hate fiat and i try to use bitcoins as much as possible in order not to lose a lot of money because of inflation |
|
|
|
|
kim.apps
Newbie
Offline
Activity: 56
Merit: 0
|
|
August 31, 2016, 04:18:25 PM |
|
At this time, when the bitcoin price is still very volatile, I don't think that bitcoin could already be so advantageous to pay our daily expenses.
|
|
|
|
|
|
adibe
|
|
August 31, 2016, 05:09:25 PM |
|
I think having both bitcoins and cash are important, having cash for real life and bitcoin on online things, but have bitcoins instead of cash, maybe because bitcoins is good for online transaction.
|
|
|
|
|
|
Osarman
|
|
August 31, 2016, 06:20:22 PM |
|
i think bitcoin is much more safer than fiat and bitcoin is potential investment there maximum are buying bitcoin in less price and then hold it for high price and they can easily get a big profit from bitcoin.
|
|
|
|
|
marketone
Legendary
Offline
Activity: 1302
Merit: 1000
|
|
August 31, 2016, 06:25:32 PM |
|
I enjoy using bitcoin more than I do fiat because of the knowledge that is needed to be able to use it properly. Any one can use cash but crypto is different as you need to know how the blockchain works and how much to send as a miner's fee so your send does not get stuck and not sent out properly or in the time that you want it too. So it is much more complicated to use then most might think.  |
|
|
|
|
chaser15
Legendary
Offline
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
|
|
September 01, 2016, 05:25:36 AM |
|
i think bitcoin is much more safer than fiat and bitcoin is potential investment there maximum are buying bitcoin in less price and then hold it for high price and they can easily get a big profit from bitcoin.
Much safer? I think there's no difference in terms of being safe because all in all they are both prone to stealing and illegal things associated with the money and assets. To make it safe, the owner must be the one who will take care of the responsibility. |
|
|
|
lanhotkia
Member
Offline
Activity: 112
Merit: 10
|
|
September 01, 2016, 05:47:45 AM |
|
in cash i can develop my money because my work time is almost 14hrs in a day , but in bitcoin i can develop my money while in work i can trade, bet or etc
|
|
|
|
|
|
sobsitesearch
|
|
September 01, 2016, 06:12:58 AM |
|
in cash i can develop my money because my work time is almost 14hrs in a day , but in bitcoin i can develop my money while in work i can trade, bet or etc
That is good, if we have both and we work on it i think it will gives us good profit every week or every month. I treat bitcoin as my other source of income as an investment while cash is use for my daily expenses. |
|
|
|
|
Zooplus
Legendary
Offline
Activity: 1106
Merit: 1000
|
|
September 01, 2016, 06:52:19 AM |
|
in cash i can develop my money because my work time is almost 14hrs in a day , but in bitcoin i can develop my money while in work i can trade, bet or etc
That is good, if we have both and we work on it i think it will gives us good profit every week or every month. I treat bitcoin as my other source of income as an investment while cash is use for my daily expenses. We can have our goal for the future if we think bitcoin as an investment, it can give us fortune in the future if we trust on it and bet with the price now, buying bitcoin in a regular basis would help to grow our investment and if you are earning the better, only spend a little amount for your needs and use your cash every time. |
|
|
|
|
chaser15
Legendary
Offline
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
|
|
September 01, 2016, 07:33:41 AM |
|
in cash i can develop my money because my work time is almost 14hrs in a day , but in bitcoin i can develop my money while in work i can trade, bet or etc
That is good, if we have both and we work on it i think it will gives us good profit every week or every month. I treat bitcoin as my other source of income as an investment while cash is use for my daily expenses. We can have our goal for the future if we think bitcoin as an investment, it can give us fortune in the future if we trust on it and bet with the price now, buying bitcoin in a regular basis would help to grow our investment and if you are earning the better, only spend a little amount for your needs and use your cash every time. Then if bitcoin will considered as investment then no sense of thinking to use bitcoin instead than cash. Cash will cover your daily spendings while bitcoin will take care of the investment. No such replacement will happen because they have both different purposes. |
|
|
|
freedomgo
Legendary
Offline
Activity: 3094
Merit: 1144
|
|
September 01, 2016, 08:45:15 AM |
|
in cash i can develop my money because my work time is almost 14hrs in a day , but in bitcoin i can develop my money while in work i can trade, bet or etc
That is good, if we have both and we work on it i think it will gives us good profit every week or every month. I treat bitcoin as my other source of income as an investment while cash is use for my daily expenses. We can have our goal for the future if we think bitcoin as an investment, it can give us fortune in the future if we trust on it and bet with the price now, buying bitcoin in a regular basis would help to grow our investment and if you are earning the better, only spend a little amount for your needs and use your cash every time. Then if bitcoin will considered as investment then no sense of thinking to use bitcoin instead than cash. Cash will cover your daily spendings while bitcoin will take care of the investment. No such replacement will happen because they have both different purposes. The purpose is really different but bitcoin is better in the sense that it can be a currency a a good investment at the same time, cash is good for spending because anytime you can spend it but it will not increase its value in the future unlike bitcoin can. |
|
|
|
|
