Why have Bitcoin instead of cash?

[Adrorecia]

Well bitcoin is at first sight a lot safer because you cannot get robbed easily for it and the fact is also that you cannot lose it on a place.
Another nice thing is that you can almost not lose it.

[Adrayrd]

If you are using the bitcoin you can use it globally in the world no limitations with cash there is.
Plus what the fact also is is that you can never lose the bitcoin and you always have it on your mobile if you have one of course..

[extrabyte]

I consider bitcoin more secure to make payment which are pretty fast and many other things comparing with cash. But to secure the bitcoin first we should have a secure environment (clean pc/mobile etc), also it is partly anonymous (not completely), seeing the huge increase of the price recently we can consider bitcoin as a good way of investment.

[worhiper_-_]

To be honest. i find myself in a similar awkward situation from times to times. but now i am over it.
You are absolutely right.
If  what i sell has a worth of 130 euros and it costs 1 bit coin. it would be  clever to actually  invest it in the future.. since you can make x3 the money you were supposed to get! or actually get really unlucky and go minus. but i doubt it. i believe bitcoin is thriving right now so i doubt it if it  goes minus at this point

[lissandra]

The only real reason anyone should be with bitcoin is because of what happened to greece.

Having true control over your money and moving it whenever as possible regardless if their own country goes bad is a huge power tool for anyone in a bad country.

[el kaka22]

Bitcoin is an currency and also an investment, if you save your money in fiat then it will not grow over a period of time, but if you save money in bitcoin it can take your savings to higher level.

Exactly and you can spend bitcoins as easy as cash. So why have the dumb cash with you when you can have the bitcoins and have a chance ( which is a sure thing ) to increase your money.

[ripplehd]

Bitcoin is an currency and also an investment, if you save your money in fiat then it will not grow over a period of time, but if you save money in bitcoin it can take your savings to higher level.

Exactly and you can spend bitcoins as easy as cash. So why have the dumb cash with you when you can have the bitcoins and have a chance ( which is a sure thing ) to increase your money.

dont compare cash and bitcoin because then you're just talking about physical and virtual currency its much different and with physical currency you don't need a wallet to start using money online

[DarkThrones]

Cash and Bitcoin are very similar because they are both currencies. However, Bitcoin will rise in value much higher than the dollar could ever dream and so in this respect you want Bitcoin and not cash

[Rizky Aditya]

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.

How is it more safe? If you get robbed on the street, you will lose all the money you had including some of the money you had on your credit cards, maybe even all of it. Whereas it is much harder to hack into someone's online wallet, that is if they have one is the first place. Most people use software and hardware wallets anyways.

[gerXhonza]

Cash and Bitcoin are very similar because they are both currencies. However, Bitcoin will rise in value much higher than the dollar could ever dream and so in this respect you want Bitcoin and not cash

Cash is physical where as bitcoin is digital, there are high chances of getting robbed when it comes to cash but same doesn't goes with bitcoin as its not easy to hack your coins.

[coinplus]

Because i want to make some profit by choosing instead of cash because now the bitcoin halving event is coming so many of my friends told me that it's better to hold bitcoin than cash.

Right, I bought like a total of 1 bitcoins with cash last month and you know after the rice increase I am already rich, while if I had real cash no real increase would have been there.

[noormcs5]

Bitcoin is an currency and also an investment, if you save your money in fiat then it will not grow over a period of time, but if you save money in bitcoin it can take your savings to higher level.

Yes no other currency (Fiat or Digital) grows as fast as the bitcoins does. So having bitcoins only is also an investment for you. Its just like Gold investment but the turnover is greater for bitcoins as compared to gold.

[Hatuferu]

Bitcoin is an currency and also an investment, if you save your money in fiat then it will not grow over a period of time, but if you save money in bitcoin it can take your savings to higher level.

Yes no other currency (Fiat or Digital) grows as fast as the bitcoins does. So having bitcoins only is also an investment for you. Its just like Gold investment but the turnover is greater for bitcoins as compared to gold.

Majority of the people here are talking about halving and they are only interested with their profit, but the reality is we can still enjoy bitcoins even if the price will began to be stable, the ease of doing online transactions is the most benefit we can get.

[Cyaren]

Bitcoin is an currency and also an investment, if you save your money in fiat then it will not grow over a period of time, but if you save money in bitcoin it can take your savings to higher level.

Yeah definitely. Cash is tied to the fiat monetary system which is unstable to say the least. While bitcoin is like virtual gold. It has no single organization controlling its supply or future.

That's why we're seeing an increased number of bitcoin users.

[hermanhs09]

Because we are moving towards a cashless society. Currently we are already using credit cards at an ever increasing pace, however this is not enough. We need to have a trustless payment gateway.

And bitcoin offers exactly that, so that's why bitcoin is great.

[Hazir]

Because we are moving towards a cashless society. Currently we are already using credit cards at an ever increasing pace, however this is not enough. We need to have a trustless payment gateway.

And bitcoin offers exactly that, so that's why bitcoin is great.

While I agree with your statement about heading towards 'cashless society' but then, I doubt that bitcoin will be huge part of it.
Not that I wouldn't want it to be - but because people in charge won't allow it. Bitcoin is too hard to controll, too unstable and 'decentralized.

We will see more likely attempts of creating national coins than some country taking bitcoin as secondary legal payment method.

[el kaka22]

Bitcoin is an currency and also an investment, if you save your money in fiat then it will not grow over a period of time, but if you save money in bitcoin it can take your savings to higher level.

And also BTC have a high potential regarding the daily tasks of a human, like it could implement in gaming RPG is the best I think. It could be a bounty within the game, and much more if you only think that BTC have a high potential in evolution.

[fravia]

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.

Bitcoins cannot take your cash while in the bank, invest it in schemes and then file for bankruptcy if the scheme collapses, nobody can walk into a bitcoin bank, demand or steal the money and the bank cash out on their insurance and leave you stranded
Also the one about investment is good, as there is no chance of paper money increasing while the possibility of bitcoin value increasing is quite a probable one, (sidenote however that this also means that the value can crash and your money is worth nothing)

[bitlancr]

The only reason why some people would choose the Bitcoin over cash is because you can make more money with it by selling them for a profit. Besides of that I do not see any other reason.

[bitgolden]

The only real reason anyone should be with bitcoin is because of what happened to greece.

Having true control over your money and moving it whenever as possible regardless if their own country goes bad is a huge power tool for anyone in a bad country.

I use bitcoins over cash because cash be stolen while bitcoins cannot be. I have suppose 1k$ and I am tension free while with cash I will be always worried about getting robbed.