Why have Bitcoin instead of cash?

[tn211]

Well I find it much easier that is in the first place the thing, and the second things is faster with payments.
The second reason is that its easy to use and secure, the fact is also that bitcoin can be payed with over the whole globe.

[bitsmichel]

There are multiple advantages of 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.

Safe no.
Bitcoin don'f offer a buyers guarantee or protection. But what makes bitcoin 'better' is that is mus faster and you pay way less fee with bitcoin.
CC/Paypal and even banks have been overcharging us for decades.

It depends as safe for whom.

Bitcoin does not provide safety from virus or spyware (neither does PayPal or Bank).
Bitcoin provides you safety from third party manipulation. Multiple people have had their PayPal account closed for "suspicious transactions", all money gone.

[Blackmet]

You can lost your cash or it can be stolen. It will never happen with bitcoins couse it really  really safe. Also you can send your money everywhere without losing your %. btc is so good 

[upsidedown75]

More advantages of bitcoins over cash are :
- you don’t have to pay taxes on them
-they can't be easily stolen
-no paperwork
-irreversible transactions

yes that's true and that is the reason we are seeing more users entering into bitcoins as they want to take advantages from it and it is always safe to invest your money into it as in future the price would be much higher.

And the most attractive feature of bitcoin which every user of it like more is its no tax, or much less tax and fee. I also have adopted because of its lowest fee on transactions online.

[alisafidel58]

More advantages of bitcoins over cash are :
- you don’t have to pay taxes on them
-they can't be easily stolen
-no paperwork
-irreversible transactions

yes that's true and that is the reason we are seeing more users entering into bitcoins as they want to take advantages from it and it is always safe to invest your money into it as in future the price would be much higher.

And the most attractive feature of bitcoin which every user of it like more is its no tax, or much less tax and fee. I also have adopted because of its lowest fee on transactions online.

Tax is the main concern why people use bitcoin,who would want a big tax from the government when you can have less from doing bitcoin transaction.

[michnelli6]

More advantages of bitcoins over cash are :
- you don’t have to pay taxes on them
-they can't be easily stolen
-no paperwork
-irreversible transactions

1. You have to pay fees if you need to buy/sell bitcoins and then when you convert it into fiat, the cash incurs a tax.
2. Bitcoins wallets can be hacked easily while offline wallets have some kind of security. However, both online and offline wallets can be hacked as compared to bank accounts.
3rd and 4th points are valid as bank requires way too many verifications and the transactions also can be reversed.

[sana54210]

That's a question even I asked myself when a friend recommended me to  buy bitcoins. I found it very costly to buy bitcoins on exchange websites and when I can save my cash in the bank, why do I need to invest in bitcoins?

I feel I'm one of those users who don't want to take risks and hence for me cash is always the best option (even though paper currency is worth less in future). I don't have many ways of spending this currency nor do I trade online. I only gamble sometimes and then withdraw it via LBC.

[Betwrong]

More advantages of bitcoins over cash are :
- you don’t have to pay taxes on them
-they can't be easily stolen
-no paperwork
-irreversible transactions

Sometimes they can though. Most banks have better security than most Bitcoin holders I think.

~
-irreversible transactions

And this is not good in some cases.

But overall I support Bitcoin and I think it is still better than cash.

[bitbunnny]

More advantages of bitcoins over cash are :
- you don’t have to pay taxes on them
-they can't be easily stolen
-no paperwork
-irreversible transactions

Sometimes they can though. Most banks have better security than most Bitcoin holders I think.

~
-irreversible transactions

And this is not good in some cases.

But overall I support Bitcoin and I think it is still better than cash.

In some countries you have to pay taxes on Bitcoin but still is better then cash. An there is some special feeling when using Bitcoin, at least in my case.

[goinmerry]

It is for the price increase for me. I love seeing how my money move everytime there is a change in bitcoin price. The rise is more exciting and giving more reason to believe in it

[maxj57634]

In a normal day your cash can be stolen to you by criminals that tends to take your cash.
But if you only have bitcoin in your pocket they wont notice that you have a lot of money in your pocket.

[CryptoBjorn]

More advantages of bitcoins over cash are :
- you don’t have to pay taxes on them
-they can't be easily stolen
-no paperwork
-irreversible transactions

yes that's true and that is the reason we are seeing more users entering into bitcoins as they want to take advantages from it and it is always safe to invest your money into it as in future the price would be much higher.

Yes indeed. And it will be the new payment method and that will be very good. I hope that more people will use Bitcoin.

You are all right. And Bitcoin will be the most used payment method later I think. Because we can all see that it is becoming more popular and more used.
And that is very good. Now only the price must rise and than it will be so great for Bitcoin.

[sallymeeh27]

What is really good about bitcoin is for me, every transactions or business with it will not require you to pay tax from the government tax free. The transactions that you have will not require you to lend time or which is a very fast service, no need to wait for a long time in a long line better banking then...

[sandro.jr]

I'd agree with most of the points here. What we need right now is awareness, if Bitcoin needs to become popular, then people should know about it. I come from a country where more than 50% of the population don't know how to use computers. That's what I feel

[neonshium]

Well one of the reason why I have bitcoins instead of cash is that its easy to transfer to another country.
Another reason is also that its safer and you will most likely not lose them if you secured them good.

Yes, it a best feature, with its transaction, no one knows that from which country the money came and to which country it is going. Without any restriction we can pay to any country resident for any thing to buy.

[cooldgamer]

I think there's up's and downs to both of them.  Personally I mostly keep cash simply because of the stable value.

Bitcoin:

- Easy to make backups and encrypt, carry money without getting risking real life robbery
- Discreetly and safely carry large amounts
- Pay online and IRL with same money

Cash:

- No risk of hacking or loss due to technical issues (especially for newbies)
- Accepted everywhere IRL
- No volatility in value

[el kaka22]

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 agree that it's really fast and easy to pay with, and small fees, and it is pretty safe too, while you can get more money from it if you keep your coints for while, but i can't agree with legal/illegal price, in lots of countries it's not legal sadly, and it will take years to be legal everywhere

Even if it is illegal people will continue t use it as no one can have control over it and no one would be aware what amount of bitcoins you hold in your digital wallet and that makes if more attractive then normal currency.

Yes, the government is not aware with your money , then you don’t have to pay high taxes and your money is secured in a place from where it is not stolen. We are getting ride of the support of banks.

[peta4e]

Its a risk free scenario to hold bitcoins in compare to cash, as if you hold cash there are chances that it might get stolen or you get robbed, but with bitcoins you can hold n number of coins in your digital wallet.

[umaOuma]

Its a risk free scenario to hold bitcoins in compare to cash, as if you hold cash there are chances that it might get stolen or you get robbed, but with bitcoins you can hold n number of coins in your digital wallet.

Yes and your wealth will be multiplied in future if the price reaches to the moon, with the same number of coins you can expect better returns in future while the value of fiat would be the same in future too.

[goinmerry]

In a normal day your cash can be stolen to you by criminals that tends to take your cash.
But if you only have bitcoin in your pocket they wont notice that you have a lot of money in your pocket.

You mean in the wallet.  That could be one good idea to promote bitcoin. Can be a good slogan too.

"Bitcoin: Where your money cannot be stolen physically" 

Great thinking Sir.