Why have Bitcoin instead of cash?

[expert4knowledge]

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.

Cash is neither investment nor is capable of growth and if we consider inflation its value decrease so it is good for only spending and not investment.

The fiat cash devalues year after year. There are many examples of that. The bitcoin has limited supply, it will rise in long term.

Bitcoin is an example of venture capital, however you must consider that with bitcoin you may lose your money.

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[AlphaSun]

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.

Cash is neither investment nor is capable of growth and if we consider inflation its value decrease so it is good for only spending and not investment.

The fiat cash devalues year after year. There are many examples of that. The bitcoin has limited supply, it will rise in long term.

Bitcoin is an example of venture capital, however you must consider that with bitcoin you may lose your money.

I think the chance of earning money or making profit is higher than losing money if there is good adoption.

[rababo]

Bitcoin is an investment and you can earn money with bitcoin, which you can't do with just cash.
Bitcoin can be use to pay bills or goods online, so it's more convenient.

[goldcoinminer]

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.

Cash is neither investment nor is capable of growth and if we consider inflation its value decrease so it is good for only spending and not investment.

The fiat cash devalues year after year. There are many examples of that. The bitcoin has limited supply, it will rise in long term.

Bitcoin is an example of venture capital, however you must consider that with bitcoin you may lose your money.

I think the chance of earning money or making profit is higher than losing money if there is good adoption.

Yup! That is given and that only problem now is when are we going to have the massive adoption since we are waiting for that to grow our investment and to make money out of it.

[AlphaSun]

The fiat cash does not increase in value in the long term, in fact, the inflation always erode the fiat value.

[ASHLIUSZ]

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.

Cash is neither investment nor is capable of growth and if we consider inflation its value decrease so it is good for only spending and not investment.

The fiat cash devalues year after year. There are many examples of that. The bitcoin has limited supply, it will rise in long term.

Bitcoin is an example of venture capital, however you must consider that with bitcoin you may lose your money.

I think the chance of earning money or making profit is higher than losing money if there is good adoption.

If we are losing money in bitcoin then it's definitely out fault. Choose the right path you can earn well. I know this is the only way of earning money without any capital. The value increases even more when adoption increases.

[Sir Reginald]

Why not have both?

[goldcoinminer]

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.

Cash is neither investment nor is capable of growth and if we consider inflation its value decrease so it is good for only spending and not investment.

The fiat cash devalues year after year. There are many examples of that. The bitcoin has limited supply, it will rise in long term.

Bitcoin is an example of venture capital, however you must consider that with bitcoin you may lose your money.

I think the chance of earning money or making profit is higher than losing money if there is good adoption.

If we are losing money in bitcoin then it's definitely out fault. Choose the right path you can earn well. I know this is the only way of earning money without any capital. The value increases even more when adoption increases.

We lose sometimes because we invested in scams sites like ponzis, HYIP, and the like. Also, we do gambling that is why we lose, bitcoin is a good investment so we need to treat it that way, just hold it and wait for a longer period of time.

[Taki]

The bitcoin is a good investment. Its price rises in the long term. So it is better to hold it instead of cash.

Yes prices for bitcoin is changing everyday and you can earn good on that changing. I'm sure you are always feel happy when the price is grow and not happy when it fall down. Bitcoin is not stabile and that is the main problem of it. I prefer cash, cause with that I always know what is in my wallet and how much. And with cash you don't need to think about withdrawing and other things.

[sishendaoye]

The bitcoin is a good investment. Its price rises in the long term. So it is better to hold it instead of cash.

The reason why I think that people would take Bitcoin over cash is because the value of the Bitcoin can go up.
This way you can make more money and people will always go with more money.

[entrepmind23]

I can have Bitcoin instead of cash because we are now in the information age wherein most of the transactions are online. Having a digital currency is very convenient because transactions are processed immediately without having the need to queue like paying the bills. Using bitcoin is being efficient because with just one click you are finish with the transaction while in using cash to pay the bills, it is time consuming like going to the billing center, transportation time to go there and queuing. Secondly, the potential of bitcoin value to increase over time while holding it is an advantage over cash because if you have $10 in your pocket, its value will always be $10 no matter how many years will pass while with bitcoin I believe its value will increase due to the law of supply and demand. Thirdly, cash can be stolen easily while bitcoin is not because it has no physical form and it has security features.

[mrhelpful]

The bitcoin is a good investment. Its price rises in the long term. So it is better to hold it instead of cash.

The reason why I think that people would take Bitcoin over cash is because the value of the Bitcoin can go up.
This way you can make more money and people will always go with more money.

Just remember this though.

The only reason why people are exchanging back and forth is because the legal tender fiat is still known to many people - which is what youre trying to replace...

So intially bitcoin taking over cash isnt a comparison if one is needed for bitcoin to survive.

[Doamader]

I use both, with bitcoin i were checking my wallet transactions, and i saw the transaction value on the time, being something like 3 dollars, now i check it with the new value of bitcoin and its 6 dollars value the same ammount of coins. Soo i had earned 100% my payment doing nothing, besides hold my funds. This is an advantage from bitcoin against the fiat, and maybe me the main reason why to have bitcoin, but we always exchange bitcoin to fiat so its good see an investment of 1000 dollars turn into 2000 dollars.

[escrowboy]

Why having a credit card instead of cash?

It's the same for coins. It's not heavy, you can't get it stolen easily, it's much more practical.
It's all we need =)

But nowadays people have bitcoin instead of credit cards also, because they want a currency which is completely in their control, and in credit they still have their money under the control of governments in their bank accounts.

There are multiple advantages in bitcoin, There are safer than Creditcards and Debitcards and more convenient and easier to use than PayPal etc... ones you get used to it you find it relatively easy, also the lower fees are a big advantage as I know to have bitcoin for cash.

I agree on the part that they are safer than Credit cards and Debit cards but I disagree that it is easier than Paypal, bitcoin needs confirmation on every transaction it makes that's why it needs more time before one transaction is done while Paypal doesn't need that confirmation so it is way quicker.

[AlphaSun]

The bitcoin price will rise in the long term. It has been proven in the history of bitcoin. But do not buy during a price bubble.

[sobsitesearch]

I have investment in bitcoin instead of cash in the bank that is because i see the potential of bitcoin to be good in the future and it will gives me a profit even in short term i think if i keep my bitcoin in long term it much better.

[AlphaSun]

I have investment in bitcoin instead of cash in the bank that is because i see the potential of bitcoin to be good in the future and it will gives me a profit even in short term i think if i keep my bitcoin in long term it much better.

That is right. The potential of the bitcoin is much more than any other kind of fiat currency. It will rise against them.

[Distinctin]

I have investment in bitcoin instead of cash in the bank that is because i see the potential of bitcoin to be good in the future and it will gives me a profit even in short term i think if i keep my bitcoin in long term it much better.

That is right. The potential of the bitcoin is much more than any other kind of fiat currency. It will rise against them.

The bitcoin price has risen in the last 7 years. I think if there is nothing big wrong with it, it will continue to rise.

[danherbias07]

I have investment in bitcoin instead of cash in the bank that is because i see the potential of bitcoin to be good in the future and it will gives me a profit even in short term i think if i keep my bitcoin in long term it much better.

That is right. The potential of the bitcoin is much more than any other kind of fiat currency. It will rise against them.

The bitcoin price has risen in the last 7 years. I think if there is nothing big wrong with it, it will continue to rise.

That is one good reason to get it as sooner as we can. It just keep on rising and there will be more mined and a lot will be stocking some of it. Better have some before many have depleted it.

[oceanriver]

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.

probably because you can earn a lot from it, like trade them to other currency or just keep them for long time and sell when their price is large