Bitcoin Forum
November 21, 2017, 06:32:08 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 [156] 157 158 159 »
  Print  
Author Topic: Why have Bitcoin instead of cash?  (Read 239544 times)
Rollex
Jr. Member
*
Offline Offline

Activity: 56


View Profile
November 10, 2017, 05:30:42 PM
 #3101

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.
Those are really good points that bitcoin have. Those features you have stated are also the reasons that my friends who have introduced bitcoin to me makes me to get encourage to use bitcoin rather than cash. With those features you have tackled, it was clearly implied that bitcoin usage is an innovative and modernized way of handling and accessing money in which you can make use of the modern technology to make it easier for you to get all things ready with just a several clicks away from your hand.

Join ICO Now A blockchain platform for effective freelancing
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511245928
Hero Member
*
Offline Offline

Posts: 1511245928

View Profile Personal Message (Offline)

Ignore
1511245928
Reply with quote  #2

1511245928
Report to moderator
1511245928
Hero Member
*
Offline Offline

Posts: 1511245928

View Profile Personal Message (Offline)

Ignore
1511245928
Reply with quote  #2

1511245928
Report to moderator
leyton11
Sr. Member
****
Offline Offline

Activity: 350



View Profile
November 10, 2017, 06:56:00 PM
 #3102

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

██
█║█
║║║
║║║
█║█
██
'BTC MULTI-WALLET SOON'
▬▬▬ Download WHITEPAPER ▬▬▬

                    ▄██▄
                  ▄██████▄
                ▄██████████
              ▄██████████▀   ▄▄
            ▄██████████▀   ▄████▄
          ▄██████████▀    ████████▄
         ██████████▀      ▀████████
         ▀███████▀   ▄███▄  ▀████▀   ▄█▄
    ▄███▄  ▀███▀   ▄███████▄  ▀▀   ▄█████▄
  ▄███████▄      ▄██████████     ▄█████████
  █████████    ▄██████████▀    ▄██████████▀
   ▀█████▀   ▄██████████▀    ▄██████████▀
     ▀▀▀   ▄██████████▀    ▄██████████▀
          ██████████▀    ▄██████████▀
          ▀███████▀      █████████▀
            ▀███▀   ▄██▄  ▀█████▀
                  ▄██████▄  ▀▀▀
                  █████████
                   ▀█████▀
                     ▀▀▀
e i d o o
██

███▀▀
▐▐▌
▐▌
▐▌
▐▐▌
███▄▄
▀▀███
▐▌▌
▐▌
▐▌
▐▌▌
▄▄███
jemarie20
Newbie
*
Offline Offline

Activity: 19


View Profile
November 10, 2017, 07:11:22 PM
 #3103

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.

CoinsOpen ICO => LOW-FEE P2P ETHER AND ALL ERC20S
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
!CROWDSALE! 20-10-2017 ; 20-11-201 (https://coinsopen.com/)
Yankeestyle
Jr. Member
*
Offline Offline

Activity: 56

hard worker


View Profile
November 10, 2017, 07:21:49 PM
 #3104

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
Full Member
***
Offline Offline

Activity: 196


Any store can buy, sell, and accept Crypto


View Profile
November 10, 2017, 07:58:28 PM
 #3105

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.

________Any Store Can Buy, Sell and Accept Cryptocurrency________
█████████ ██ ███ ██      PUNDI X      ██ ███ ██ █████████
Whitepaper      Twitter      Facebook      Telegram      Medium      Youtube
nenuakak
Member
**
Offline Offline

Activity: 84


View Profile
November 10, 2017, 08:14:55 PM
 #3106

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
Sled
Hero Member
*****
Offline Offline

Activity: 658

★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
November 11, 2017, 03:15:27 AM
 #3107

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.

D0sentAny0neCare
Newbie
*
Offline Offline

Activity: 9


View Profile
November 11, 2017, 05:45:02 AM
 #3108

It is a good way to ear money. For I cant utilize it that fast. I need to cash it in a financial instinution very first prior to I'm able to have it. So laziness is paramount. Too lazy to pull away it. So much better put my excess profit bitcoin investment then let it gain something.t
popoypalaboy03
Jr. Member
*
Offline Offline

Activity: 42


View Profile
November 12, 2017, 09:50:27 AM
 #3109

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.

crustez00
Full Member
***
Offline Offline

Activity: 168



View Profile
November 12, 2017, 10:19:50 AM
 #3110

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
Newbie
*
Offline Offline

Activity: 14


View Profile
November 12, 2017, 10:57:10 AM
 #3111

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.
jekjekey
Newbie
*
Offline Offline

Activity: 28

♦QUALIFIED ♦


View Profile
November 12, 2017, 11:06:37 AM
 #3112

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

◈ Be Part of the ICO | Ankorus ◈
Xember
Full Member
***
Offline Offline

Activity: 120


View Profile
November 12, 2017, 11:43:54 AM
 #3113

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
Full Member
***
Offline Offline

Activity: 154



View Profile
November 12, 2017, 12:05:03 PM
 #3114

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.

dsaijz03
Jr. Member
*
Offline Offline

Activity: 56


View Profile
November 12, 2017, 01:21:25 PM
 #3115

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
Jr. Member
*
Offline Offline

Activity: 42

Simple humble and open for knowledge


View Profile
November 12, 2017, 01:56:20 PM
 #3116

Because it rises in value daily and cannot counterfeit unlike fiat currency.. Smiley

arthotdog
Member
**
Offline Offline

Activity: 98


View Profile
November 12, 2017, 02:43:25 PM
 #3117

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
Hero Member
*****
Offline Offline

Activity: 868


Crypterium-Digital Mobile Cryptobank For Everyone


View Profile
November 12, 2017, 08:27:56 PM
 #3118

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.



░░░░░░░░░░▄▄▄▄▄▄
░░░░░░▄███████████▄
░░░░▄██▀▀░░░░░░░░▀██▄
░░░██▀░░░▄▄▄▄▄▄░░░░▀██
░░██▀░░▄██▀▀▀▀▀░░▄▄
██▀░░██▀░░▄▄▄▄░░▀▀
██▀░░██░░▄██▀▀▀█▄
██░░██░░██▀
██░░▀▀░░██
██░░▄▄░░██
██░░██░░██▄
██▄░░██░░▀██▄▄▄█▀
██▄░░██▄░░▀▀▀▀░░▄▄
░░██▄░░▀██▄▄▄▄▄░░▀▀
░░░██▄░░░▀▀▀▀▀▀░░░░▄██
░░░░▀██▄▄░░░░░░░░▄██▀
░░░░░░▀███████████▀
░░░░░░░░░░▀▀▀▀▀▀


░░░░░░░░░░▄▄▄▄▄▄
░░░░░░▄███████████▄
░░░░▄██▀▀░░░░░░░░▀██▄
░░░██▀░░░▄▄▄▄▄▄░░░░▀██
░░██▀░░▄██▀▀▀▀▀░░▄▄
██▀░░██▀░░▄▄▄▄░░▀▀
██▀░░██░░▄██▀▀▀█▄
██░░██░░██▀
██░░▀▀░░██
██░░▄▄░░██
██░░██░░██▄
██▄░░██░░▀██▄▄▄█▀
██▄░░██▄░░▀▀▀▀░░▄▄
░░██▄░░▀██▄▄▄▄▄░░▀▀
░░░██▄░░░▀▀▀▀▀▀░░░░▄██
░░░░▀██▄▄░░░░░░░░▄██▀
░░░░░░▀███████████▀
░░░░░░░░░░▀▀▀▀▀▀

▀  Twitter
▀  Telegram
▀  Facebook
▀  ANN Thread
▀  Whitepaper
▀  Website
Clark05
Full Member
***
Offline Offline

Activity: 210



View Profile
November 12, 2017, 08:38:20 PM
 #3119

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
Full Member
***
Offline Offline

Activity: 138



View Profile
November 13, 2017, 01:54:59 AM
 #3120

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.

Pages: « 1 ... 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 [156] 157 158 159 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!