pneumatic5
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February 06, 2016, 01:47:01 PM |
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i would have bitcoin because it's more simple, you can walk whit one million on your wallet, think about to have 1 million cash in your wallet
Exactly, you can hold whatever amount of bitcoins you want in your digital wallet, and no one would be aware of it, especially when your traveling to other country, at that time you have limitations to carry cash, but in bitcoins sky is the limit. |
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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yugo23
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February 07, 2016, 12:49:24 PM |
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I wouldn't say it's a question of security. Cash is secure enough if you take care of yourself ^^
It's more that bitcoin has no limit. Cash can be used only face to face and for limited amounts (otherwise it's a crime) whereas bitcin can be used in Australia to send money to the USA. Rather practical no? xD
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gilangIDR
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February 07, 2016, 01:03:16 PM |
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it's all very clear. bitcoin is a system of digital money. made of crypto algorithm in the management of computer calculations. bitcoin is not visible, but can be saved. The question is simple.
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doctor877
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February 07, 2016, 01:41:29 PM |
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I believe that the value of bitcoin would be much higher as compared to cash in future, so having a good amount of bitcoins for future would be the best value to hold, and bitcoins will be used world wide in coming future.
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lorylore
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February 07, 2016, 02:19:07 PM |
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I would encourage people to have a balance of both. As right now, most items and daily stuffs can buy with cash or credit card only, i would say put more of your possession into cash. However, we all know the potential and the power of bitcoin in which cash cannot be done. So i would also hope that a small portion of your possession be put into bitcoin. You never know when you need it and when you do, you will be thankful that you have some already at your disposal.
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MaxTax
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February 07, 2016, 02:30:14 PM |
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Cash can not really go upwards on the market, its difficult.
The bitcoin can and also with high number so that's a big plus point.
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OrangeII
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February 07, 2016, 02:42:46 PM |
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I think bitcoin is designed in the form of digital, and it made for a transaction quickly and are usually used to gamble, maybe bitcoin devoted to investor or entrepreneur who is looking for something intersting on the internet, therefore bitcoin created in digital form rather than in the form of cash
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romero121
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February 07, 2016, 04:05:09 PM |
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Why bitcoin, just simple its has got highly secure transactions with less transaction charges. The next part is if you are having cash in hands, tomorrow also it would have the same value. Bitcoin can't be in hands, it has to be in wallet. Everyday there will be variation which gives you profit as well loss based on how active you are.
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eon89
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February 07, 2016, 04:12:53 PM |
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The same question could be posed in reverse: why have cash instead of bitcoin? Why not?
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Denker
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February 07, 2016, 04:18:55 PM |
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Cash can not really go upwards on the market, its difficult.
The bitcoin can and also with high number so that's a big plus point.
Your first sentence is the most important. Cash which is nothing else than physical fiat which gets created by the banks and has never in it's history being able to gain in value or even to hold it.ALL fiat currencies always have lost massively in value and disappeared sooner or later. No currency ever survived! Bitcoin however is real money, like gold and silver. Just in a pure digital shape.Which gold and silver can not be. And because of living in the digital age, finally having the opportunity to own money, without the need and control of any third party who could inflate it massively is a awesome thing!  |
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ampere
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February 07, 2016, 10:26:12 PM |
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I think bitcoin can be proved to be an good financial investment for future, so its better to hold few bitcoins in digital wallet and keep it safe, as we don't know what would be the value of bitcoin in future, but it would be more than fiat for sure.
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Anddos
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February 07, 2016, 10:30:49 PM |
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It's a good idea, especially because it's decentralized, but don't put all your money in it. You never know.
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plost24
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February 08, 2016, 06:41:08 AM |
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bitcoin is a good way to invest your money it is a little risky.
it is more secure than cash it self.
and you are the bank of yourself :p .
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For rent 1.4 Bitcoin for 11 months starting Feb 1 2017
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HarryKPeters
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February 08, 2016, 02:08:09 PM |
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People find bitcoin much easier to use. Some people find it even safer. Because they do not walk on the street with so much cash. But that is in fact do so, they are right.
Only Bitcoin can of course be worth less later and that you have more to nothing.
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Xsinx
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February 08, 2016, 02:11:09 PM |
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Bitcoin is easy to move and easy to use as a form of payment. Convertiing it to fiat(cash) is easy so keeping both BTC and Fiat is almost the same
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praprata
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February 08, 2016, 02:14:53 PM |
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Bitcoin is available everywhere, also its easy,fast and highly secured.
I think its just a matter of time the bitcoin will even take over the world.
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SebastianJu
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February 08, 2016, 10:50:17 PM |
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1. Government-proof (You are your own bank, the bank cannot keep you from your own money, but something like keeping your funds safe is harder to accomplish) 2. Promising community and idea 3. No chargebacks Why would it be harder to keep your funds safe? A random number written anywhere could be the private key to one of your bitcoin addresses that contains your wealth. You could even hide it in a file, no one would ever guess that something like that is hidden in there. Though being safe that way has a disadvantage too. Nobody can access it... except you. So when you die or lose your memory then no one will call you telling you that you have a million usd on your bank account. And your relatives would have to know beforehand how to access. Which holds the risk that they are not really trustworthy and steal your funds. |
Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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SebastianJu
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February 08, 2016, 10:53:41 PM |
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People find bitcoin much easier to use. Some people find it even safer. Because they do not walk on the street with so much cash. But that is in fact do so, they are right.
Only Bitcoin can of course be worth less later and that you have more to nothing.
Only will take some years until you get robbed of your smartphone and the robber asks you what your password to your ...wallet is.  Well, guess we could say that bitcoin adoption then would be on a good way at least. |
Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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arbitrage
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February 09, 2016, 12:11:02 AM |
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If you have cold wallet (hide it) and you write down your private keys,
keep them in a book you like to read..
That would be enough protection.
If you are paranoid just use very very small letters.
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mrhelpful
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February 09, 2016, 12:56:44 AM |
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I forget, but there was a guy who had lost about 700k in the bank.
And that alone says everything on how banks operate, that dont give a damn about your cash. If it was 700k in bitcoin it would be safe if kept in storage right.
I`d link the thread, but I forget and it was during the greek crisis.
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