Why have Bitcoin instead of cash?

[FlightyPouch]

For me bitcoin is the fastest transaction ive ever known unlike cash.

No, it's not fastest. It depend on how much fee you have reserved for every transaction you make, also if your balance accumulated from dust transaction you have to set higher fee in order to make your transaction confirmed quickly.

You need cash too, to pay your daily needs because with Bitcoin you can't pay anything you want.

But if you have the same wallet, you can have a good transaction, the same as the one I am using right now, I can receive transactions quick. But what I like on Bitcoin is the freedom, the way we can manage our money to ourselves without others interfering. And with that, just a few people know that you are rich.

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[mamaya]

For me bitcoin is the fastest transaction ive ever known unlike cash.

No, it's not fastest. It depend on how much fee you have reserved for every transaction you make, also if your balance accumulated from dust transaction you have to set higher fee in order to make your transaction confirmed quickly.

You need cash too, to pay your daily needs because with Bitcoin you can't pay anything you want.

But if you have the same wallet, you can have a good transaction, the same as the one I am using right now, I can receive transactions quick. But what I like on Bitcoin is the freedom, the way we can manage our money to ourselves without others interfering. And with that, just a few people know that you are rich.

I think you are talking about offchain transactions and they are a reality but not an ideal solution to the current issues we have as they force centralisation of wallets.

I agree with your second statement though that it gives us the freedom but also the anonimity if one wishes it.

[Japinat]

cash are not that easy to use in different countries, you need to exchange them everytime, a pain in the ass, bitcoin is a global currency, and very easy too move also

and cannot be faked like cash so easily, add on top of this, the less fees required...

I also do see bitcoin as a universal currency which allows people to made transaction in a fast and reliable way. Besides bitcoin is a crypto-currency which has a technology within so basically its development is base on the development of the technology also so it is an investment also for those who want to earn more. And I agree that bitcoin is a global currency which can be used through wallet in transaction for a faster and for security purposes unlike the fiat that can produce fake cash.

What is best with bitcoin is that the demand will increase and the value will follow as well, cash does not have that kind of nature.
However, no one will choose to use bitcoin only without cash because it is not possible to benefit with bitcoin without cashing it, we have to understand the concept of bitcoin and it's clearly as a second currency or popularly known as a payment system.

[Gaff]

Anywhere you go, you have the money with you and that's the power of bitcoin. Instead of bringing some money, it's just one click to transact your money by your phone and nothing to worry about it. It's quick and easy. You save time and you're worry free if you shop a lot because the money that you will spend from bitcoin won't be that heavy unlike from cash that you so many coins for your change and paper bills so bitcoin is better to use.

[peter23]

well you can't just renounce cash that easy but you can choose bitcoin also because you can buy and earn bitcoin easy here in online/bitcointalk, you can also choose cash because you can use it immediately and also you can hold or invest cash in all of the online banks in the world not like bitcoins.

[stompix]

Anywhere you go, you have the money with you and that's the power of bitcoin. Instead of bringing some money, it's just one click to transact your money by your phone and nothing to worry about it. It's quick and easy. You save time and you're worry free if you shop a lot because the money that you will spend from bitcoin won't be that heavy unlike from cash that you so many coins for your change and paper bills so bitcoin is better to use.

Really?
Nothing to worry about?
If you google a bit and see how many phones are getting stolen each day I feel like there "nothing to worry about".

And honestly... heavy? Paper money are heavy?
I just took 10 or so bills from my wallet. Probably my carkeys alone weight 10 times more than 200 euros .

Cash is better when you go grocery shopping.
You take only a few bills and that's all. Don't have to bring your phone with don't have to carry another ewallet or in worst case all your bitcoins with you. And you don;t have to worry the shop might not have temp internet access or power might be down.

[goldcoinminer]

well you can't just renounce cash that easy but you can choose bitcoin also because you can buy and earn bitcoin easy here in online/bitcointalk, you can also choose cash because you can use it immediately and also you can hold or invest cash in all of the online banks in the world not like bitcoins.

When comparing cash between bitcoin, this forum is irrelevant because there plenty of forum that talks about bitcoin.
It's necessary to focus on its benefits which I think as a tool bitcoin can give us a faster transaction, however cash as well
can do the same because they have digital cash and paper money, so they are both important although different system by nature.

[Wandika]

well you can't just renounce cash that easy but you can choose bitcoin also because you can buy and earn bitcoin easy here in online/bitcointalk, you can also choose cash because you can use it immediately and also you can hold or invest cash in all of the online banks in the world not like bitcoins.

When comparing cash between bitcoin, this forum is irrelevant because there plenty of forum that talks about bitcoin.
It's necessary to focus on its benefits which I think as a tool bitcoin can give us a faster transaction, however cash as well
can do the same because they have digital cash and paper money, so they are both important although different system by nature.

There use were different they both play omportant role in economy, for bitcoin user its really in btc now since it does really help a lot for earning while fiat or cash is in need for everyday payments.

[hinatashoyou]

Investing with bitcoin is a huge gift, many rich people save and invest bitcoin. If we compare with cash, cash value will not change, if save bitcoin, the profit you will get will be very high

[Fatanut]

For me bitcoin is the fastest transaction ive ever known unlike cash. You can pay your bills in bitcoin. And if the currency will rising up its very nice if you have btc because the money you keep is become bigger not like cash. You can keep your cash but as the days pass by the cash that you hold is loosing.

Lols..let's stop with the snorting around here

Cash is instant payment. You give a bill receive a few coins back and you're off.
I can pay with cash faster that I can unblock my phone sometimes .

Probably you're just post hunting but still, stop with the crap.

Right now bitcoin is faster than bank transfers between different banks.
That's all. And it not bitcoin's fault it's just that other payment methods have evolved too.

And with the current status of bitcoin network today, soon there will be no different in terms of speed between bitcoin transactions (using the standard fees) and bank transfers between different banks.

For references, bank to bank transfer here is instant and just one second click away via online banking. For transfers between different banks, the average is 6 hours with cheaper fees about an average of $0.05. My recent bitcoin transaction cost $3 and I wait for 4 hours. See the comparison here? Really making a sense.

But bitcoin is much more than that. Even when most of the time, the transaction time is much higher than we expect for this technology, bitcoin has other things to offer which the banks will never have. First, bitcoin holders have a good chance to multiply their coins as time pass by. They don't have to do anything at all but wait. It's up to them if they are going to read the news or trade their coins to get more coins. Bitcoin also put us all in this place. We're one community. All of us have the goal of making money and I think that's going pretty well to most of us.

The banks don't have a community. They only have users. Those users can only adjust to what the bank owners do. And no matter how long you put your money in the banks, it will never grow as much as your money would in bitcoins.

[yellow1]

For me bitcoin because bitcoin is easy in transaction like pay our billings, no more to worry in bitcoin because can sure it safe, while in cash its not secure. i use bitcoin for transactions. And the bitcoin is more benefits than cash. Bitcoin is many uses in overall everywhere to use. Bitcoin have an future because it in demand and become most famous currency. Because bitcoin is fast among all payments with an internet access unlike cash you don't to go outside its secure in bitcoin. Bitcoin is many benefits like you can hide your wealth that no one knows. Bitcoin is global acceptance and most familiar currency.

[Fatanut]

For me bitcoin because bitcoin is easy in transaction like pay our billings, no more to worry in bitcoin because can sure it safe, [1]while in cash its not secure. i use bitcoin for transactions. And the bitcoin is more benefits than cash. [2]Bitcoin is many uses in overall everywhere to use. [3]Bitcoin have an future because it in demand and become most famous currency. [4]Because bitcoin is fast among all payments with an internet access unlike cash you don't to go outside its secure in bitcoin. Bitcoin is many benefits like you can hide your wealth that no one knows. Bitcoin is global acceptance and most familiar currency.

[1] How exactly is cash not secure? You pay the guy, then done. How is that not secure?

[2] I don't think I can even use bitcoin in my country. People are just so ignorant about it right now.

[3] Bitcoin have a demand because investors are starting to come in. But definitely bitcoin is not the most famous currency.. The most famous currency is dollar. If you ever got around to talk to a stranger, ask him about dollars and he'll know about it. He might even know how much is a dollar when converted to your local currency. But bitcoins? I doubt that.

[4] Bitcoin can be fast. Bitcoin's transaction can be fast if you put enough transaction fee. Otherwise, it will take days before your transaction gets confirmed, in this case, bitcoin is definitely one of the slowest payment method online.

[Rinder]

Cash is used for our daily needs, while bitcoin we do invest for future purposes as well expecting to be able to grow our capital, or to start building it. Bitcoin has huge potencial something fiat wont never have, did you see any currencie getting 200% or even 30-40% changes daily? The answer is no fiat is centralized currencie, bitcoin is decentralized.

[Hutalar]

For me bitcoin is the fastest transaction ive ever known unlike cash.

No, it's not fastest. It depend on how much fee you have reserved for every transaction you make, also if your balance accumulated from dust transaction you have to set higher fee in order to make your transaction confirmed quickly.

You need cash too, to pay your daily needs because with Bitcoin you can't pay anything you want.

But if you have the same wallet, you can have a good transaction, the same as the one I am using right now, I can receive transactions quick. But what I like on Bitcoin is the freedom, the way we can manage our money to ourselves without others interfering. And with that, just a few people know that you are rich.

yes that is a good feature of bitcoin that we are free with our money and not many people know about our money so not anyone can ham us like the robbers will not know that we have money and they will not be able to find them in our home.

[Love!]

2) Bitcoins are a potential investment, cash is not. Paper currency only really goes down in value, Bitcoins have a lot of potential to be worth more as time goes on.

This is the biggest reason for me. Even if BC does not go up relative to how much cash goes down.......it does not go down. That counts for alot in my wallet.

[tristan1960]

Bitcoin is flexible.
Bitcoin is decentralized.
Bitcoin is not taxable.
Bitcoin is fast.
Bitcoin does not requeire any ID or regsitration.
Bitcoin breaks the borders.

[zoelhack]

Why bitcoin is not cash money, because bitcoin gives satisfaction to all of us with coin coin which later the price rises that exceeds from the cash money. But to make cash from bitcoin we have to make fiat money and after that just become cash money

[nethead]

I think bitcoin is more secure than cash, but, people must have the basic knowledge about computer, internet, virus, trojans & malwares. If people shall be trained about the security of bitcoin wallet, then, it's more hard to steal their coins .........

So, some websites must be developed to train people online for teaching them about basics of bitcoin, wallet security, offline transaction, cold storage, paper wallet, hardware wallets, multi-sig wallet etc.

If anybody knows this kind of websites then please, list here in your reply ......

[mharz]

I just want bitcoin because bitcoin amount was raising up not like in the cash that it was earn interest every quarterly of the month. Moreover, bitcoin has non-taxable savings while cash had 20% depends on the interest incurred. Bitcoin was easily access in everywhere but cash was not.

[Dudeperfect]

I just want bitcoin because bitcoin amount was raising up not like in the cash that it was earn interest every quarterly of the month. Moreover, bitcoin has non-taxable savings while cash had 20% depends on the interest incurred. Bitcoin was easily access in everywhere but cash was not.

Appreciation of the price is one benefit of holding bitcoin over cash but to use it in the way that intended, we need to build the infrastructure for the offline market where we will be able to use bitcoins without exchanging it for cash or any other token/credit system. In that case, I would say bitcoin is better than cash, and I see it is happening in next few years with a rapid growth.