Why have Bitcoin instead of cash?

[mobilestrike]

We need both of them, we need cash for our daily needs and for the emergency cases and also we need bitcoin for our investment to earn not only in our job we earn possive money.

Yeah, we need both. I will say that we need cash for our national and local use while we need bitcoin for our international use and for other transactions which are of high cost with banks etc.

[GamingBro]

If i need to choose between bitcoin and cash, i am gonna choose cash cause it's simple and easy for me to spend, bitcoin in this case is not so good.

[rekinthis]

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.

Well i can't agree about bitcoins being safier than monry in banks as i am sure that banks have better security than bitcoin wallets actually

But i think that it is better to have bitcoins instead of money because you will have more of them after halving and other price rises

[torrentheaven]

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.

Well i can't agree about bitcoins being safier than monry in banks as i am sure that banks have better security than bitcoin wallets actually

But i think that it is better to have bitcoins instead of money because you will have more of them after halving and other price rises

Agreed, banks are the safest financial institution that we have and people trust them blindly as they are aware if anything goes wrong with their money, banks will help them in recovering it.

[Cyaren]

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.

Well i can't agree about bitcoins being safier than monry in banks as i am sure that banks have better security than bitcoin wallets actually

But i think that it is better to have bitcoins instead of money because you will have more of them after halving and other price rises

Agreed, banks are the safest financial institution that we have and people trust them blindly as they are aware if anything goes wrong with their money, banks will help them in recovering it.

You most likely will get a return out of the btc too, i do prefer having USD rather than BTC though because i can use usd a lot more than BTC at any store i go to i can almost just use USD

[useless4]

If i need to choose between bitcoin and cash, i am gonna choose cash cause it's simple and easy for me to spend, bitcoin in this case is not so good.

i agree with you that it is way easier to use cash but for me bitcoins are way better to be honest

i think that bitcoins are better than cash because it is just like an investment that will allow you earn money

[Maslate]

If i need to choose between bitcoin and cash, i am gonna choose cash cause it's simple and easy for me to spend, bitcoin in this case is not so good.

i agree with you that it is way easier to use cash but for me bitcoins are way better to be honest

i think that bitcoins are better than cash because it is just like an investment that will allow you earn money

For some people who are open minded and knows what the future bitcoins bring they will use bitcoins of course, cash is just for normal transaction and you will not use it as an investment while bitcoins offers not just investment but also savings, a savings where the value of your savings will  generate more than the the interest the biggest bank can offer.

[elobizph]

In reality many people are using cash for their daily needs. But people that know about bitcoin they use bitcoin more than cash. Because they know what the advantages are. There are people too that dont even know what Bitcoins is, and then they dont use it because they dont trust it.

[Zooplus]

In reality many people are using cash for their daily needs. But people that know about bitcoin they use bitcoin more than cash. Because they know what the advantages are. There are people too that dont even know what Bitcoins is, and then they dont use it because they dont trust it.

Of course that is true, bitcoins users cannot beat the cash users in the world. This is for simple reason that maybe considered also in the future even if bitcoins will be more popular than today, cash is regulated by the government and bitcoins is not. However, with the potential value of bitcoins in the future, investors find it a good move to use bitcoins.

[justdimin]

If only there were more merchants accepting bitcoin, just like buses and trains, and fast food chains, then I wouldn't have to have cash in my wallet. Is it asking too much for more shops popping that accept bitcoin? Or are we just ahead of the common people by being early adopters?

Bitcoin instead of cash is not better or worse to be honest because major fluctuations in prices can really effect how you feel about having btc instead of cash due to losing/gaining big amounts of money

It is neither better nor worse so i wouldn't say you should have bitcoin over cash.

No one lose or gain bitcoin but only the fluctuations are bigger in it, just think a month before if a person bought a bitcoin then he should have spend about $550 to buy it then the price increased to $700 and now once again the price is at $580, that person may think that he lost a big amount of bitcoin but actually he did not lost anything.

[Seansky]

I rather have BTC instead of cash when paying because of 3 reasons. The first reason is that it is easier to pay with than cash. The second reason is that it is easier to carry with you if you always bring a phone. The third reason is that it's price fluctuates so I can just convert it to fiat when it pumps and when dump occurs I rebuy so its like having a good source of money to buy something with. I use an online bitcoin wallet that have the features to store fiat and btc simultaneously for that.

[hermanhs09]

Well I rather have BTC instead of cash when paying because of 3 reasons. The first reason is that it is easier to pay with than cash. The second reason is that it is easier to carry with you if you always bring a phone. The third reason is that it's price fluctuates so I can just convert it to fiat when it pumps and when dump occurs I rebuy so its like having a good source of money to buy something with. I use an online bitcoin wallet that have the features to store fiat and btc simultaneously for that.

None of that makes any sense to me at all lol, you would rather have btc because it's easier to use? you have to wait 2 blocks for anything to fully confirm so that is not easier than cash at all.

[MingLee]

Well I rather have BTC instead of cash when paying because of 3 reasons. The first reason is that it is easier to pay with than cash. The second reason is that it is easier to carry with you if you always bring a phone. The third reason is that it's price fluctuates so I can just convert it to fiat when it pumps and when dump occurs I rebuy so its like having a good source of money to buy something with. I use an online bitcoin wallet that have the features to store fiat and btc simultaneously for that.

None of that makes any sense to me at all lol, you would rather have btc because it's easier to use? you have to wait 2 blocks for anything to fully confirm so that is not easier than cash at all.

It all depends on what you're trying to buy.

It definitely isn't easier for over-the-counter purchases to be performed through Bitcoin, however a lot of online exchanges are simplified when done through Bitcoin. It might take a while to confirm the transaction, but most online purchases take a while to go through anyways, so that doesn't matter.

[ausbit]

i can make cash with bitcoin    i only have bitcoin because i don't have a work and i am only a student so the only for me to have cash is to make and earn a bitcoin .

Not alone you but I am seeing a lot of students who cannot do a part time job because of short time or because of unemployment, so they are making a good amount of cash with bitcoin and with that they complete their expenditures.

[Zooplus]

i can make cash with bitcoin    i only have bitcoin because i don't have a work and i am only a student so the only for me to have cash is to make and earn a bitcoin .

Not alone you but I am seeing a lot of students who cannot do a part time job because of short time or because of unemployment, so they are making a good amount of cash with bitcoin and with that they complete their expenditures.

With simply working with a micro task here in the community, students can earn even at a short time and that is good for them since they will start to learn and know bitcoins at a young age.

[Ziskinberg]

i can make cash with bitcoin    i only have bitcoin because i don't have a work and i am only a student so the only for me to have cash is to make and earn a bitcoin .

Not alone you but I am seeing a lot of students who cannot do a part time job because of short time or because of unemployment, so they are making a good amount of cash with bitcoin and with that they complete their expenditures.

With simply working with a micro task here in the community, students can earn even at a short time and that is good for them since they will start to learn and know bitcoins at a young age.

For me, the easiest way to earn money that would not waste your time is doing a signature campaign but even with a little pay you need to be more creative by investing your earning to earn profit.

[goinmerry]

i can make cash with bitcoin    i only have bitcoin because i don't have a work and i am only a student so the only for me to have cash is to make and earn a bitcoin .

Not alone you but I am seeing a lot of students who cannot do a part time job because of short time or because of unemployment, so they are making a good amount of cash with bitcoin and with that they complete their expenditures.

With simply working with a micro task here in the community, students can earn even at a short time and that is good for them since they will start to learn and know bitcoins at a young age.

Even the employed can make money here actually that is like adding 20 percent of their salary for doing some online jobs which just takes some time. No need to use a computer even a smartphone can do it.

[Crazygreek]

Sometimes cash is better, sometimes bitcoin is better, everything depends of situation, for daily routine cash is much better, but bitcoin is better online and as investment.

[Dr.Osh]

Well, I guess this is the advantages and uniqueness of bitcoin. perhaps because the coin, the transaction will be faster, besides, maybe it was created with the aim to differentiate from other transaction tool. but, made in any form, it does not matter, the important thing is that many people liked it, but would probably be better if in the form of cash 

[daringdiscovered]

Sometimes cash is better, sometimes bitcoin is better, everything depends of situation, for daily routine cash is much better, but bitcoin is better online and as investment.

Bitcoin is better if its price is higher than cash or fiat. Cash is better because its price is stable unlike the volatility of bitcoin. On online investments it depends on what is the specified currency to invest and the payments they accept. If their specified currency for example is dollar then 10$ investment has not less than 0.016 value only at the current price now.