purebitco
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June 27, 2016, 01:16:26 PM |
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i dont think that cash will dissapear from the world completely. it is good to diverst your money. have cash but also bitcoin.
i think it will be completely possible to be honest because bitcoin will surely grow in the future and make me money
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MaritiJames3
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June 27, 2016, 02:23:22 PM |
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The reason why some people would choose Bitcoin over cash is because that you can you can use it as an investment to make more money. You can also use them to bu things online, something that you can also not do with cash.
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martinacar
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June 29, 2016, 07:45:10 AM |
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Its way safer you cannot get robbed and you can also simply not lose it because its just on your phone(wallet) as a example.
You are right about that, I think its better to have bitcoins on you than real money, also the fact is that you can do the transaction easily and without any problems that you have to exchange and have something back from an a mount. But the thing with Bitcoin is that you can get hacked without you even knowing who took your money so there is really nothing you can do about it. When someone tries to rob you, you still have a couple option to choose from. I still think that cash is better then the Bitcoin because it is more accepted and you can do more with it.
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Piltover
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June 29, 2016, 08:20:21 AM |
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Why have bitcoins instead of cash i think it is just better to have cash instead of bitfcoins because cash will always be more worth than a bitcoin right now you cant pay everywhere with just the bitcoin. The shops witch accepting bitcoins are getting more but not that enough to have bitcoins instead of cash.
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ripplehd
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Activity: 154
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
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June 29, 2016, 08:34:35 AM |
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easy to use and doesn't need to be held physically and you can purchase just about anything without having to wait days or weeks to get your transactions processed and verified by bankers.
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Hatuferu
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Activity: 1092
Merit: 1000
https://trueflip.io/
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June 30, 2016, 05:38:28 AM |
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easy to use and doesn't need to be held physically and you can purchase just about anything without having to wait days or weeks to get your transactions processed and verified by bankers.
Exactly, and since our money is not on our hand, it could also help us to save it as we will not be easily tempted to spend it, unless you are a gambler, but base on my experience once my money is in my blockchain wallet I am not thinking that I have the money to spend.
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DoublerHunter
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June 30, 2016, 02:26:14 PM |
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For me it's better to have bitcoin than cash because it doesn't pay taxes like what happening on physical currencies and also being anonymous and one of the best that i like in bitcoin is we can double our money with the help of different methods like trading and last but not the least also it's better to have bitcoin because even you didn't do anything you can still make a good profit by just holding because every year the price of bitcoin is rising . It's just my opinion .
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Zooplus
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Activity: 1106
Merit: 1000
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July 01, 2016, 06:50:53 AM |
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For me it's better to have bitcoin than cash because it doesn't pay taxes like what happening on physical currencies and also being anonymous and one of the best that i like in bitcoin is we can double our money with the help of different methods like trading and last but not the least also it's better to have bitcoin because even you didn't do anything you can still make a good profit by just holding because every year the price of bitcoin is rising . It's just my opinion . Definitely, with bitcoin we can always maximize our profit because of the anonymous features we are not obliged to pay taxes on our income. That is the beauty why the government is studying on how to impose taxes on bitcoin users doing online transactions.
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apriyoni
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July 02, 2016, 10:54:56 AM |
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For me it's better to have bitcoin than cash because it doesn't pay taxes like what happening on physical currencies and also being anonymous and one of the best that i like in bitcoin is we can double our money with the help of different methods like trading and last but not the least also it's better to have bitcoin because even you didn't do anything you can still make a good profit by just holding because every year the price of bitcoin is rising . It's just my opinion . Definitely, with bitcoin we can always maximize our profit because of the anonymous features we are not obliged to pay taxes on our income. That is the beauty why the government is studying on how to impose taxes on bitcoin users doing online transactions. In the future, when the bitcoin becomes a major currency recognized by tax authority, you have to pay tax.
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Maslate
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July 04, 2016, 07:37:06 AM |
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For me it's better to have bitcoin than cash because it doesn't pay taxes like what happening on physical currencies and also being anonymous and one of the best that i like in bitcoin is we can double our money with the help of different methods like trading and last but not the least also it's better to have bitcoin because even you didn't do anything you can still make a good profit by just holding because every year the price of bitcoin is rising . It's just my opinion . Definitely, with bitcoin we can always maximize our profit because of the anonymous features we are not obliged to pay taxes on our income. That is the beauty why the government is studying on how to impose taxes on bitcoin users doing online transactions. In the future, when the bitcoin becomes a major currency recognized by tax authority, you have to pay tax. Exactly, and that would lessen our income earn in the crypto world but we need to sacrifice for that to be able to achieve success in the future.
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Adrayrd
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July 04, 2016, 08:01:24 AM |
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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 dont think you should pick bitcoins above the cash becasue the cash will always be more worth than bitcoins will ever be so if you want to know what kind of thing you should use inthe future i think we all will go back to cash because the bitcoin is only for investments.
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Maslate
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July 04, 2016, 08:52:47 AM |
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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 dont think you should pick bitcoins above the cash becasue the cash will always be more worth than bitcoins will ever be so if you want to know what kind of thing you should use inthe future i think we all will go back to cash because the bitcoin is only for investments. If you would ask me, I would certainly pick the two because I just work and invest with bitcoins and convert my earnings to cash. I cannot leave without cash before I feel comfortable using it in real life.
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Cyaren
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July 04, 2016, 09:12:03 AM |
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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 would say you're right,its pretty safe to have lol lets say 100k usd with you in bitcoin.Imagine having that in cash or at bank,i would be afraid all the time... The only problem is that you can't pay for everything with bitcoin,but that can be solved easily,cause there are a lot of sites where you can sell BTC really fast and get bank transfer BTC for the win bro!
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Cyaren
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July 05, 2016, 08:12:45 AM |
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i dont think that cash will dissapear from the world completely. it is good to diverst your money. have cash but also bitcoin.
i think it will be completely possible to be honest because bitcoin will surely grow in the future and make me money Why have bitcoins instead of cash? Surely because bitcoin amount appreciates.. Oh well it also depreciates, but that only makes it more thrilling to have bitcoins because of its unsteady characteristics. One thing is sure, if the price of bitcoin goes up, you will have a lot of cash..!
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Sled
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July 05, 2016, 08:50:37 AM |
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i dont think that cash will dissapear from the world completely. it is good to diverst your money. have cash but also bitcoin.
i think it will be completely possible to be honest because bitcoin will surely grow in the future and make me money Why have bitcoins instead of cash? Surely because bitcoin amount appreciates.. Oh well it also depreciates, but that only makes it more thrilling to have bitcoins because of its unsteady characteristics. One thing is sure, if the price of bitcoin goes up, you will have a lot of cash..! Yeah that is one of the best characteristic of bitcoin is for being volatile even though it's also has a bad part from bitcoin but mostly it's good because if the price is volatile we can earn serious amount of money like buying bitcoin for a cheap/low price and selling it after halving or just wait for price increase. That is one of the reason why do we need to have bitcoin instead of cash IMO .
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sishendaoye
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July 05, 2016, 08:55:01 AM |
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I still have cash instead of Bitcoin because then I would not have to go to the process of selling them, with cash you can do more things and can buy more things. Unless the Bitcoin becomes usable at more places I am going to go with cash.
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PokerFace3
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July 05, 2016, 08:59:25 AM |
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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 would say you're right,its pretty safe to have lol lets say 100k usd with you in bitcoin.Imagine having that in cash or at bank,i would be afraid all the time... The only problem is that you can't pay for everything with bitcoin,but that can be solved easily,cause there are a lot of sites where you can sell BTC really fast and get bank transfer BTC for the win bro! I think Bitcoin transfer won’t make any problem for the emergency state...., they are really safe in first place and they in many place its easily taken as a payment processor,, if no then we can easily change to a fiat by some exchangers... So with bitcoin it will make our life more easier
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AlphaSun
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July 05, 2016, 02:23:04 PM |
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I saw a news today that a bank will charge interest on customer deposit. For bitcoin, you can save it yourself, and will not get negative interest.
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Ziskinberg
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July 06, 2016, 02:35:46 PM |
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I saw a news today that a bank will charge interest on customer deposit. For bitcoin, you can save it yourself, and will not get negative interest.
That news does not apply to all the country for sure because in our country my deposits are still earning a little interest, it is hard when that kind of problem will happen into our county, it should be an economic crisis on a certain area.
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hermanhs09
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July 06, 2016, 03:45:00 PM |
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I can write here many reason's,and there are even more of course. No matter what will happen to you and you're family or friends you can always have money for emergency but not in a bank,you can have it safer way. If you are wealthy and you travel a lot,you dont have to take cash or cards with you,just having wallet id is enough to have money well,basically everywhere.
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