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Author Topic: Why have Bitcoin instead of cash?  (Read 246094 times)
leyton11
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November 10, 2017, 06:56:00 PM
 #3081

The word cash comes in mind its full of risk you cant carry cash easily from one place to another may b it robbed or lost so bit coin safe you from all these kind of risks and make easiness for you.it is expected that in future cash will be took place by bitcoin most developed countries central banks threat by bitcoin and thinking to buy bit coin secure the economy of the country.
Many bitcoin earners hold their bitcoin instead of converting it all to cash because of the abrupt rising of bitcoin value. And for that reason they hold their bitcoin to gain more profit soon, bitcoin value is oscillating and its favor in rising then it is a good sign for the future of that crypto currency, as many bitcoin earners hopes that years later the value of bitcoin  will double its value for the coming years.
Bitcoin is the easiest way to earn money.It is easy to regulate as it is operated online.It is also easy to handle than the paper money.Bitcoin wallet is used for receiving the payment.Physical money is not possible to be carried everywhere but bitcoin can be carried anywhere irrespective of whatever the amount is.Investing in bitcoin also gives huge returns.Holding bitcoin can lead to more money.But this is not possible in case of fiat currency.Bitcoin can also reduce the risk of theft as it is all internet regulated.
No, if your computer has virus, you still have risk can stolen money by hacker, because hacker can access to your computer through malware, trojan and stolen your data, information about private key, exchange account ... from your history browser, cookie easily Wink
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jemarie20
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November 10, 2017, 07:11:22 PM
 #3082

Bitcoin has a good value and very easy to use where you are and you can use around the world and through bitcoin we are able to earn money more in short of time because in simple holding of bitcoin in oyr wallet we have the possibility to earn money. Why? Its because bitcoin price is changeable.

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November 10, 2017, 07:21:49 PM
 #3083

Bitcoin has a decent esteem and simple to utilize where you are and you can use the world over and through bitcoin we can gain cash more in shy of time in light of the fact that in straightforward holding of bitcoin in over wallet we have the likelihood to procure cash.
pisston
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November 10, 2017, 07:58:28 PM
 #3084

Bitcoin has a good value and very easy to use where you are and you can use around the world and through bitcoin we are able to earn money more in short of time because in simple holding of bitcoin in oyr wallet we have the possibility to earn money. Why? Its because bitcoin price is changeable.
That's why I think it's better to earn money with Bitcoin and to debug them in real things. Perhaps even in real estate investment a comma as Bitcoin is really changeable.
nenuakak
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November 10, 2017, 08:14:55 PM
 #3085

Yes, bitcoins are good, but for now I prefer the currency more familiar to us. Despite the fact that for a long time I already have a decent account from the crypt of the currency
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November 11, 2017, 03:15:27 AM
 #3086

The word cash comes in mind its full of risk you cant carry cash easily from one place to another may b it robbed or lost so bit coin safe you from all these kind of risks and make easiness for you.it is expected that in future cash will be took place by bitcoin most developed countries central banks threat by bitcoin and thinking to buy bit coin secure the economy of the country.
Many bitcoin earners hold their bitcoin instead of converting it all to cash because of the abrupt rising of bitcoin value. And for that reason they hold their bitcoin to gain more profit soon, bitcoin value is oscillating and its favor in rising then it is a good sign for the future of that crypto currency, as many bitcoin earners hopes that years later the value of bitcoin  will double its value for the coming years.
Bitcoin is the easiest way to earn money.It is easy to regulate as it is operated online.It is also easy to handle than the paper money.Bitcoin wallet is used for receiving the payment.Physical money is not possible to be carried everywhere but bitcoin can be carried anywhere irrespective of whatever the amount is.Investing in bitcoin also gives huge returns.Holding bitcoin can lead to more money.But this is not possible in case of fiat currency.Bitcoin can also reduce the risk of theft as it is all internet regulated.
No, if your computer has virus, you still have risk can stolen money by hacker, because hacker can access to your computer through malware, trojan and stolen your data, information about private key, exchange account ... from your history browser, cookie easily Wink
That is the reason why we should have a cold storage or secure bitcoin wallet in order to prevent from being a victim of hacker. Bitcoin and other cryptocurrencies have its risk for being an online currency because there are still chances that there might be a hole for the hackers to bypass and hack the system so as long as you are putting your important things such as cryptocurrencies into a safe place like an offline wallet then you don't need to worry that much.
popoypalaboy03
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November 12, 2017, 09:50:27 AM
 #3087

At this point in time there aren’t many reasons to convince someone to use bitcoin instead of cash. Cash is accepted by virtually everyone, it can be transported short distances physically with almost no hassle, and it’s an easily graspable concept. Now I said there aren’t many reasons, but there are a few big reasons. The first is that bitcoin is decentralized.
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November 12, 2017, 10:19:50 AM
 #3088

Wow, your thought up there is very interesting and to the point to where bitcoin more potential instead of cash. Bitcoin these days is more potential because of its prices that went up a lot. well, bitcoin is simply easy to use and have a lot of value  Smiley

savinggrace28
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November 12, 2017, 10:57:10 AM
 #3089

I find very useful and functional since bitcoin coincides with the technological advancement in terms of efficiency and effectiveness of settling payment, transfering money/btc, buying and selling and even of paying bills/commodities for some county. Cashless transaction in my country is now being promoted. Some countries like Japan and India has started doing this and being practicing this already.
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November 12, 2017, 11:06:37 AM
 #3090

Bitcoins help to buy or pay a lot of things that you lazy to come in it will help you to pay bills buy things that you cannot do because you too busy bitcoins the easiest way to do.  Smiley
Xember
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November 12, 2017, 11:43:54 AM
 #3091

In my honest opinion, I prefer bitcoinsimply  because it grows. Bitcoin’s value changes from time to time, and that’s good because there is a chance that it’s value could be high. Also, thinking about the future, there is a probability that bitcoin would be used in businesses and companies, so I want to be prepared when that day comes.
Xising
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November 12, 2017, 12:05:03 PM
 #3092

Well, having bitcoin instead of cash is an advantage tonus millenials. The thing is, every transaction nowadays involves the internet. Therefore, bitcoin is far more useful than cash when it comes to the internet.
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November 12, 2017, 01:21:25 PM
 #3093

That is a clever points to ponder. More secure than cash, bitcoin can be like ATM/debit cards in a sense that it has security password, you can bring big amounts anywhere in the world without any questions and it cannot steal immediately.
mifanmuzny
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November 12, 2017, 01:56:20 PM
 #3094

Because it rises in value daily and cannot counterfeit unlike fiat currency.. Smiley
arthotdog
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November 12, 2017, 02:43:25 PM
 #3095

I prefer both.having bitcoin and cash.because incase of emergency and the power lost.i have a second option and that is cash.coz we cant use bitcoin without power or electricity or internet.practical thinking for safety living
Trela
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November 12, 2017, 08:27:56 PM
 #3096

At this point in time there aren’t many reasons to convince someone to use bitcoin instead of cash. Cash is accepted by virtually everyone, it can be transported short distances physically with almost no hassle, and it’s an easily graspable concept. Now I said there aren’t many reasons, but there are a few big reasons. The first is that bitcoin is decentralized.
There is no reason to make the government use Bitcoin instead of Cash. They can not manage Bitcoin, so they will lose their benefit when they using Bitcoin for their country. Although the benefit of Bitcoin still can help them have profits, but if you compare to the total loss they will need to spend, I think Bitcoin is really bad for the government.

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Clark05
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November 12, 2017, 08:38:20 PM
 #3097

Because if you have bitcoin you can make morr cash or more money. While if you have a lot of cash they have possible it will decrease because you can buy anything that you want to see . But if you hold your money in bank it is totally safe.
Oasisman
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November 13, 2017, 01:54:59 AM
 #3098

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.

Bitcoin is decentralized. No one controls it, there is no middle men like banks. Banks usually takes away a small percentage in every transactions plus a certain delay of the process. While bitcoin transaction is fast, easy, secure, and theres no need for verification, not even your identity will be exposed. Btc and Cash has its different advantages and disadvantages. Now, It depends on the weigh of the transaction or how much monetary value is involved on wether what to use. If youre  in the foreign country I prefer to use Bitcoin to avoid currency exchange fees and other risks of lossing some of your fiat.

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November 13, 2017, 06:26:56 AM
 #3099

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.
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November 13, 2017, 06:51:55 AM
 #3100

It is a good way to earn income. For I cant use it that fast. I want to money it out in a financial institution initial ahead of I can get it. So laziness is the important. Way too lazy to withdraw it. So much better place my surplus funds in bitcoin expenditure then let it achieve something.
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