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Author Topic: Why have Bitcoin instead of cash?  (Read 246121 times)
salmanahmedone
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May 30, 2016, 03:15:23 PM
 #541

Besides, Bitcoin is an invisible gold and do not be restricted by the customs.
With cash you can use it at far more places then Bitcoin but With Bitcoin the value can go up which can lead to more money. So because of that Bitcoin is why some people choose Bitcoin over cash.

If we have cash, so we want to utilize it, only cash is not enough thing. Everyone want to use it and specially in this way where we can get profit. so mostly people prefer the bitcoin who know about it. I mean you and me know about the bitcoin so we will chose Bitcoin instead of cash.   
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May 30, 2016, 04:27:44 PM
 #542

Besides, Bitcoin is an invisible gold and do not be restricted by the customs.
Right there are no tax that we are paying, Some of the transaction is free.If bitcoin we can have the security that no one will steal our money from us
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May 30, 2016, 04:30:37 PM
 #543

Besides, Bitcoin is an invisible gold and do not be restricted by the customs.
Right there are no tax that we are paying, Some of the transaction is free.If bitcoin we can have the security that no one will steal our money from us

If you hold bitcoins it guarantees you the safety, as it cannot be stolen easily, and no is aware how much millions of money you are holding, cash should kept only according to the basic expenses.
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May 31, 2016, 07:37:04 AM
 #544

I would have Bitcoin instead of Bitcoin because of the fact that the value of the Bitcoin can always go up which means that it is worth more. With cash you can pay at every store you want and that is not possible with Bitcoin.
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May 31, 2016, 02:05:15 PM
 #545

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.
Its not that you dont need to use cash if you have bitcoins you can use both off course. But it depends about what you want to buy you can buy almost everything with cash. But you cant with coins so take the right choice what you want to buy and with cash or coins.
Bitcoin will be also much safer and that is nice because you cant even be robbed or something so you can also feel yourself safe and that is nice for yourself.
But the bad thing of the Bitcoin is that the value always can change so you dont know what is going to happen in the future later and that is the bad thing.
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May 31, 2016, 05:07:21 PM
 #546

I think better to have cash instead of bitcoin, cash is much better, you can simply buy what you want everywhere, with bitcoin you are so limited on buying.

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May 31, 2016, 06:38:08 PM
 #547

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.
But you may lose your phone or your accounts become hacked, so it is not that safe although it may have less risks.

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May 31, 2016, 07:14:55 PM
 #548

Bitcoin is essentially more 'easier' to hold then cash. The only reason to not use bitcoin is because of fees, and the fact that most merchants aren't accepting BTC.

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May 31, 2016, 07:44:50 PM
 #549

Because of Digital way of using the currency, It is easy way online banking system so the next generation will get the easy way can use there money and I think the others cash system will destroy by bitcoin and it is not to far . 
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May 31, 2016, 07:49:27 PM
 #550

Bitcoin is essentially more 'easier' to hold then cash. The only reason to not use bitcoin is because of fees, and the fact that most merchants aren't accepting BTC.

Fees is not an major issue in bitcoin, people prefer to use it only because of less fees and the other advantage is its not easy to steal your bitcoin like cash.
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May 31, 2016, 08:58:35 PM
 #551

The act of having a bitcoin instead of cash is much better when it comes to security. I may say that cash is well spend and you cannot even control yourself of spending that much money. Money is just save to your bank accounts and do not just earn interest as high as bitcoin and the exchange amount is always the same. Bitcoin amount get even higher than any money or legal tender and its good for negotiation even in every day life for it price value changes from time to time that we cannot determine.

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May 31, 2016, 09:43:06 PM
 #552

Bitcoin is essentially more 'easier' to hold then cash. The only reason to not use bitcoin is because of fees, and the fact that most merchants aren't accepting BTC.
It is not like what you say but bitcoin is a type of investment for me and I may use it in different places for online shopping.

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June 01, 2016, 08:17:59 AM
 #553

The only reason I would choose Bitcoin instead of cash is because of the fact that the value of the Bitcoin can go up. With cash you can pay at every store so cash is more handy then Bitcoin.


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June 01, 2016, 08:31:04 AM
 #554

The only reason I would choose Bitcoin instead of cash is because of the fact that the value of the Bitcoin can go up. With cash you can pay at every store so cash is more handy then Bitcoin.
For me bitcoin will be more valuable in the future due to increase in demand while the cash is subject to deflation so I would chose bitcoins over cash.

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June 01, 2016, 12:59:06 PM
 #555

If you will ask why i have bitcoins instead of real cash there are many answer i can give to you.First is i cant waste bitcoins in daily life,because when i have my cash savings on my hand or wallet one thing is sure i will spent it on many things and my money will be gone.I use bitcoins cause it can let my money grow and higher security than having physical cash

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goinmerry
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June 02, 2016, 12:27:23 AM
 #556

For me it is the sending fee. Why pay more in a money transfer company like western union and others like that if you can do it through bitcoin. So simple for me and faster. My relative just need to go to the bank I send them the account number and pin. Then, they just withdraw it like an atm. I saved time and I saved money.
Bitcoinbro
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June 02, 2016, 03:28:46 AM
 #557

Why I have bitcoin instead of cash is because its easier and also more trust able if you ask me.
Plus you cannot also not lose it and its everywhere accessible.
ElpadroBitcoin
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June 02, 2016, 08:26:25 AM
 #558

I would choose Bitcoin instead of cash because the value of the Bitcoin always go up which can earn you in the end more money. So more Bitcoins in the end means more cash you just have to sell them.
Taki
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June 02, 2016, 09:05:45 AM
 #559

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 add one more thang. Is that when u have some amount of bitcoin in your wallet - you can withdraw it on your card easily.
rickadone
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June 02, 2016, 09:14:07 AM
 #560

I would choose Bitcoin instead of cash because the value of the Bitcoin always go up which can earn you in the end more money. So more Bitcoins in the end means more cash you just have to sell them.
Yes all the advantages of bitcoin will emphasise one person to have bitcoin instead of cash or even gold.

When I was working in PTC sites, I find having money in electronic format is more useful than having paper money. But now I have changed my mind from electronic format to crypto currencies.
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