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Author Topic: Why have Bitcoin instead of cash?  (Read 246114 times)
n691309
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February 12, 2016, 09:57:34 PM
 #301

Having bitcoins is more conformable because it is digital and you can purchase mostly anything, having cash and not using then the best alternative is bitcoin.
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February 12, 2016, 10:03:35 PM
 #302

Having bitcoins is more conformable because it is digital and you can purchase mostly anything, having cash and not using then the best alternative is bitcoin.

Yup We can transfer to anywhere in the world very easily and very fast than other transaction medium. Bitcoin adaption is ongoing I guess mostly with in a year most of online shopping site will accept bitcoins.
If that happens It big change in bitcoin revolution.
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February 12, 2016, 10:08:48 PM
 #303

Having bitcoins is more conformable because it is digital and you can purchase mostly anything, having cash and not using then the best alternative is bitcoin.

Yup We can transfer to anywhere in the world very easily and very fast than other transaction medium. Bitcoin adaption is ongoing I guess mostly with in a year most of online shopping site will accept bitcoins.
If that happens It big change in bitcoin revolution.
Some of online shops have accept bitcoin in their stores but there are many others which are waiting for something(maybe a block size increase), but bitcoin is more comfortable than cash in many fields.
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February 12, 2016, 10:26:59 PM
 #304

Well it could be very nice, because you can not lose any bitcoin, I lose a lot of cash in my life for sure. Also the bitcoin is better for your security you can not get robbed at all.
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February 12, 2016, 10:31:12 PM
 #305

Well it could be very nice, because you can not lose any bitcoin, I lose a lot of cash in my life for sure. Also the bitcoin is better for your security you can not get robbed at all.
It does not mean that you can't lose bitcoin, there are higher chance to lose all bitcoin rather than cash, because your pc can be infected, or loosing the private key or wallet password etc, always should be careful.
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February 13, 2016, 12:37:41 AM
 #306

Well it could be very nice, because you can not lose any bitcoin, I lose a lot of cash in my life for sure. Also the bitcoin is better for your security you can not get robbed at all.
It does not mean that you can't lose bitcoin, there are higher chance to lose all bitcoin rather than cash, because your pc can be infected, or loosing the private key or wallet password etc, always should be careful.

Exactly, same happen with me last month, I was having 0.08 btc in my multibit wallet and my kid was playing on my laptop and by mistake he clicked delete wallet option and I lost 0.08 btc and I was not having private key or backup  Angry
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February 15, 2016, 11:59:01 AM
 #307

Well it could be very nice, because you can not lose any bitcoin, I lose a lot of cash in my life for sure. Also the bitcoin is better for your security you can not get robbed at all.
It does not mean that you can't lose bitcoin, there are higher chance to lose all bitcoin rather than cash, because your pc can be infected, or loosing the private key or wallet password etc, always should be careful.

Exactly, same happen with me last month, I was having 0.08 btc in my multibit wallet and my kid was playing on my laptop and by mistake he clicked delete wallet option and I lost 0.08 btc and I was not having private key or backup  Angry

Please lock your pc with a screen shot at least. Would be sufficiently safe against your child. Or, if you want to let it play on your computer, then set up a profil especially for im. Then you can even set what he is allowed to do.

Of course backups of some kind are important anyway. You never know when your harddrive is crashing and you lose all data.

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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February 15, 2016, 01:02:55 PM
 #308

And you can save bitcoins as long as possible because it can't be touched physically so we won't loose it, but money are made from paper and it can be broken, someone can burn it or use another ways to break it.

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February 15, 2016, 01:31:41 PM
 #309

i have my walelt on my smartphone and i will always bring it with me. if i need money i just click a few buttons and i can withdraw to an ATM machine in seconds. BTC is as good as cash
you need converti it to fiat dude, bitcoin does not have the form of cash
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February 15, 2016, 03:00:51 PM
 #310

Bitcoin is a digital currency and money. I think more people will now use more Bitcoin than cash. They use it because it is more worth.
Bitcoin is now also becoming popular around this time. People will use it more and more and cash is now disappearing.

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February 16, 2016, 10:26:51 AM
 #311

Many people use cash also. But people that know Bitcoin use Bitcoin more then cash. Because they know what the advantages are.
There are people too that dont even know what Bitcoins are, and then they dont use it because they dont trust it.

master sato
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February 16, 2016, 10:48:54 AM
 #312

Many people use cash also. But people that know Bitcoin use Bitcoin more then cash. Because they know what the advantages are.
Obviously NO.It doesn't matters if people know the advantages or not but it is not a physical currency to use it in the real lives nor it will become in near future.
There are people too that dont even know what Bitcoins are, and then they dont use it because they dont trust it.
If they don't know then how could they trust it ? or do you mean that they have an acquaintance of it but are afraid to lose the money ?
However, it does requires global awareness campaigns which could easily take some decades.
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February 16, 2016, 10:58:41 AM
 #313

Many people use cash also. But people that know Bitcoin use Bitcoin more then cash. Because they know what the advantages are.
There are people too that dont even know what Bitcoins are, and then they dont use it because they dont trust it.

Yes there are some really people who use and accept bitcoin as cash but not everybody does that sometimes when you want to use bitcoin as a payment option then the person at the other end don't believe that there is something called bitcoin

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Denker
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February 16, 2016, 11:45:19 AM
 #314

Bitcoin is a digital currency and money. I think more people will now use more Bitcoin than cash. They use it because it is more worth.
Bitcoin is now also becoming popular around this time. People will use it more and more and cash is now disappearing.

Depends where you are living I would say.
In developing countries or third world countries I agree Bitcoin can play a bigger role in the future.
In countries like Germany for instance, which is pretty conservative regarding new financial technologies, where people love to use cash(~80%) and where the currency is kind of "stable", Bitcoin will have hard times to get adopted by the masses.
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February 16, 2016, 02:29:40 PM
 #315

Bitcoin is like you planted a seed. It grows in time. That is why many of us are hooked here. Just seeing how your money is going up without even doing anything. Just letting it stay there. Making you some money without a single drop of sweat.
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February 16, 2016, 02:47:36 PM
 #316

I recently paid for some local tacos using Bitcoin. My friend who was unfamilar with Bitcoin thought it was strange, like I technically didn't pay for them or something. We got into discussing Bitcoin and one of the questions he asked me was:
"Why would you want Bitcoins instead of cash?". For a second I didn't know what to say; then I thought about it and here is what I came up with. Feel free to contribute to this.

1) More security (especially if you are careful).

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.

3) Fast, worldwide transactions at your fingertips.

4) Similar to #3, but it's a universal currency. It's legal in most countries of the world and you don't need any kind of currency conversion to send money to people in a different country than your own.
nice answer,i'm so proud being part of bitcoin,as you said,we have better currency and of course profitble curency,we never have currency like this before.
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February 16, 2016, 03:13:24 PM
 #317

Its much safer if you think about, you can't get robbed and its also that you can not lost the money you have.
Also the bitcoin can transported fast all over the world so that's pretty nice if you got family in another country.

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February 17, 2016, 01:18:16 AM
 #318

What part of the "The money supply is public" do you not understand? 


"Give me control over a coin's checkpoints and I care not who mines its blocks."
http://vtscc.org  http://woodcoin.info
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February 17, 2016, 01:21:46 AM
 #319

Its much safer if you think about, you can't get robbed and its also that you can not lost the money you have.
Also the bitcoin can transported fast all over the world so that's pretty nice if you got family in another country.

No, you can still get robbed. Just more harder for the average thief which requires brain work for them keylog or some other method to get a hold of your passphrase.

Also, people forget the whole blockchain.info incidents, but technically that can be considered robbery as well lol. If a service fails to due their part.

And this is when people had their 2FA setup as well.
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February 17, 2016, 01:43:23 AM
 #320

I recently paid for some local tacos using Bitcoin. My friend who was unfamilar with Bitcoin thought it was strange, like I technically didn't pay for them or something. We got into discussing Bitcoin and one of the questions he asked me was:
"Why would you want Bitcoins instead of cash?". For a second I didn't know what to say; then I thought about it and here is what I came up with. Feel free to contribute to this.

1) More security (especially if you are careful).

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.

3) Fast, worldwide transactions at your fingertips.

4) Similar to #3, but it's a universal currency. It's legal in most countries of the world and you don't need any kind of currency conversion to send money to people in a different country than your own.
i really like point #3 the best, i mean your first and second point are ok but dont always hold true. cash can be pretty safe, if you pay with debit or credit cards or something.
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