Why have Bitcoin instead of cash?

[BTC_ISTANBUL]

Bitcoin is not an investment tool.It is a hedge instrument.I believe Bitcoin will be convertible in the near future in many countries however the main motivation behinf BTC is privacy.Why would I prefer BTC for purchasing a cup of coffee?I want to use BTC if I travel to a foreign country and do not want to carry cash or I want to spend money for a hobby and I do not want to give explanation to an authority and not will,ng to obey their restrictions.FREEDOM!!!!!

[Nizam ibrahim.P.N]

Like cash bitcoin is also a currency it also uses for many purposes like shopping dresses  etc!..it is more valued than another currencies  it help us for many other purposes.i think bitcoins are more better than cash! it does not have any restriction.. if we are purchasing it has more freedom!than cash.

[kostya.ash]

Bitcoin is not an investment tool.It is a hedge instrument.I believe Bitcoin will be convertible in the near future in many countries however the main motivation behinf BTC is privacy.Why would I prefer BTC for purchasing a cup of coffee?I want to use BTC if I travel to a foreign country and do not want to carry cash or I want to spend money for a hobby and I do not want to give explanation to an authority and not will,ng to obey their restrictions.FREEDOM!!!!!

but for now has not been able to buy coffee with bitcoin, you cant buy tickets with bitcoin or another purchase with bitcoin, perhaps only a few countries that can

[xuan87]

for investment bitcoin is better than cash, for temporary you can use cash to any store,

but in future bitcoin (hopefully) also can be used in all of the store

Bitcoin price can raise unlike cash value will gradually drop

[jacee]

For me using bitcoin is more reliable than cash since I am making most of my purchases online. Also I have using bitcoin as a way of earning online to save for my education next year so meaning no bitcoins then no cash for me so I must say at the moment, bitcoin will be more reliable at all times for me. It will be more useful if ever more companies here in my country will accept bitcoin as payment but for now, I can use it for top up, paying bills, remittances and etc. So yea.

[The Sceptical Chymist]

I agree with pretty much everything that OP wrote and that's cool that you bought tacos with Bitcoin. I just have a hard time seeing Bitcoin as a currency, and I've said that before. I bought some silver coins with Bitcoin, but it would have been just as easy to use cash.

[blackmachinegun]

bitcoin instead of cash its because there is no government regulation, no rules for use bitcoin

[SebastianJu]

for investment bitcoin is better than cash

It is maybe less complicated but when you have sent bitcoins to a scammy investment once then you will know that it has it's disadvantages with it's anonymity, no chargeback and such.

But yes, bitcoin is the better choice when you have a real investment with capable persons in charge.

[turkandjaydee]

Why save cash anyway, cash only good to buy thing.
You can save gold or bitcoin so its safe.

[~Bitcoin~]

Bitcoin is investment or assets just like gold with volatile price. You can't easily spend bitcoin for daily purpose or pay for service however bitcoin can be directly used to pay. So why to save gold or cash, as bitcoin is secure, fast, global and don't forget about the potential of its price to grow.

[avw1982]

If you have a cash then your like a king. But if you have bitcoins you only do limited things as of now. So choose only certain portion of bitcoins only as a investments.

Nope why we can't do anything with bitcoin. We can't compare BTC with fiat currencies because BTC rate is huge than Fiat currencies, digital,Scope for increasing the value is higher, you can maintain your wallet like bank account and much faster than other transactions in fiat currencies and transparent.

[bitlancr]

Why save cash anyway, cash only good to buy thing.
You can save gold or bitcoin so its safe.

This is true and exactly my plan. Fiat is only good to buy stuff with but not good to save your money in the bank with.
Bitcoin is better to invest in and make profits out of that instead of taking your money, put in a savings account and get interest of that.

[LuckyYOU]

These are all really good points and notes why bitcoin is better of use than cash. Even if you are just holding bitcoin, it's still an investment and the value keeps on growing, you don't even have to do anything for it except for keeping them safe.

[bearex]

But the downfall is you cant really use them yet, because they are not widely adapted. I also feel that as much as they can be a good investment, they can also lose their value.

[Altynbekova]

Well bitcoin is easy to pay like your groceries or other things.
I also like cash for other things like going to the casino or naughty stuff

[BigBoy89]

Well bitcoin is easy to pay like your groceries or other things.
I also like cash for other things like going to the casino or naughty stuff

But there are some stores I mean many merchants who don't know Bitcoin so it would be bit difficult to use BTC instead of cash but slowly companies and online shopping sites have started accepting BTC when it becomes mainstream everyone will use Bitcoin instead of cash and it's gonna happen soon.

[Straux]

Another point you should have is how you have total control over your funds. With cash, banks can close their doors, and you will be locked out of your account.

[SebastianJu]

Did someone try this? http://www.getonebit.com/ It looks like you can use bitcoin direcly, like you would use a credit card, to pay in every store that accepts credit cards. It sounds great though reality will proof if it's great.

[Decoded]

Bitcoin is being more and more accepted, driving the worth of your money higher. Would you rather keep your money at the same price, or keep it at the highly likely chance of it shooting up?

[avw1982]

Bitcoin is being more and more accepted, driving the worth of your money higher. Would you rather keep your money at the same price, or keep it at the highly likely chance of it shooting up?

Yeah Nice points from you dude. Most of company, Online shoppers, MNC are more concern about Bitcoins and As you said Price value we can get unimaginable When compare any fiat currency and We can see more Transperency in transaction This is good than Banking.