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Author Topic: Why have Bitcoin instead of cash?  (Read 246160 times)
randy8777
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July 28, 2016, 01:24:06 PM
 #881

Both are safe and secure but cash can be stealed in physical practice while btc cant.i am not talking about hackers as they are already so knowledgeable.
Still hate paper wallet. Grin

paper wallets loaded with bitcoins can also by stealed in physical form. Smiley you just need to make sure you store them in a safe place like you would with cash money.
goldcoinminer
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July 28, 2016, 02:05:18 PM
 #882

Both are safe and secure but cash can be stealed in physical practice while btc cant.i am not talking about hackers as they are already so knowledgeable.
Still hate paper wallet. Grin

paper wallets loaded with bitcoins can also by stealed in physical form. Smiley you just need to make sure you store them in a safe place like you would with cash money.
The security measures can be research on how to improve the security of our wallets and for me that is not the major issue here as anyone with good interest to safeguard his assets can do that. We should do all the best to protect our investment as that would give us a good profit in the future.
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July 28, 2016, 02:30:00 PM
 #883

I love to have bitcoins instead of cash but since I don’t have any merchant who accepts bitcoin, I have to cash at the moment. I am pretty much confident that in future we will be living in such an economic environment where there will be no cash, every transaction will take place either in local currency or in crypto currency but it will be digital.

Right now I have to convert my bitcoins in local currency (fortunately it directly deposits in my digital wallet account) and there are some merchants who accepts local currency in their digital wallet. So every time when I pay offline using my online wallet, I suggest other party to read about bitcoin.
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July 28, 2016, 02:36:00 PM
 #884

bitcoin is way better than cash if you like to gamble but cash is for the anon transactions for drug trade.  

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July 28, 2016, 02:54:58 PM
 #885

Why bitcoin instead of cash? Its okay bitcoin why? Because it is safe to use anywhere . Example , you go to the shopping mall with your friends then you do not shovel the money properly and you have emptied bitcoin . Simply convert bitcoin to cash available to it . And yet it safe because you're away from lost .It okay to lose cellphone than money. Be wise .
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July 28, 2016, 02:58:53 PM
 #886

bitcoin price is getting higher and higher over time, besides that it is more reliable
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July 28, 2016, 04:27:12 PM
 #887

if we talk about the future so in future it will be more easy to use bitcoin instead of cash. it will be  more secure as compare to other cash. bitcoin will be use as single currency and having same value in all parts of the world so we will not feel the need to convert it in so some other currency. it will be easily access any where as compare to cash. it will no need for banks to keep it.

I think in the places where we use cash direct, will be convenient and easy to use cash forever, but in those places where we use digital system of payment, we will prefer bitcoin as bitcoin is the most easiest way to pay for any purchase or any transaction etc.
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July 28, 2016, 04:34:20 PM
 #888

if we talk about the future so in future it will be more easy to use bitcoin instead of cash. it will be  more secure as compare to other cash. bitcoin will be use as single currency and having same value in all parts of the world so we will not feel the need to convert it in so some other currency. it will be easily access any where as compare to cash. it will no need for banks to keep it.

I think in the places where we use cash direct, will be convenient and easy to use cash forever, but in those places where we use digital system of payment, we will prefer bitcoin as bitcoin is the most easiest way to pay for any purchase or any transaction etc.
a time will come when bitcoin will be easy to use anywhere instead of cash. still in so many occasions it is convenient to use bitcoin instead of cash. the second benefit is that bitcoin can be use equally everywhere. we do not feel the need to convert it to any other currency. and that is the reason that i prefer bitcoin to other currencies.
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July 28, 2016, 05:16:39 PM
 #889

I refer to bitcoin into cash amount, because bitcoin has a lot of qualities in it, i always pay my bills from bitcoins and i can transfer amount in other account very easily and in a low fees, and also if you have bitcoin than automatically its price has been increasing it is a benefit if you have bitcoin.

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July 28, 2016, 05:26:22 PM
 #890

I think that some people might choose Bitcoin over cash because of the fact that you can make money with it and use t as an investment.
I still think that cash is better but maybe in the future my opinion is going to change.
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July 29, 2016, 09:19:50 AM
 #891

I think that some people might choose Bitcoin over cash because of the fact that you can make money with it and use t as an investment.
I still think that cash is better but maybe in the future my opinion is going to change.

Cash is truly better with transactions in malls and retail stores. It is faster and it is worldwide accepted, with bitcoin it is not yet that popular but with it as an investment we can do what you said. Making more cash out of it just by investing it.
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July 29, 2016, 12:32:32 PM
 #892

I think that some people might choose Bitcoin over cash because of the fact that you can make money with it and use t as an investment.
I still think that cash is better but maybe in the future my opinion is going to change.

Cash is truly better with transactions in malls and retail stores. It is faster and it is worldwide accepted, with bitcoin it is not yet that popular but with it as an investment we can do what you said. Making more cash out of it just by investing it.
Bitcoin is good if you have an online business because you can easily transact online enjoying the cheapest cost compared to other payment processor, in due time I believe that users will increase when it will be more popular to them.

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July 29, 2016, 01:37:09 PM
 #893

Cash is good for day-to-day transactions while bitcoins is good for online transactions. Since we are all going cashless, people might start seeing the benefits of bitcoins... asides the fact that its price keeps increasing.

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July 29, 2016, 01:56:35 PM
 #894

Cash is good for day-to-day transactions while bitcoins is good for online transactions. Since we are all going cashless, people might start seeing the benefits of bitcoins... asides the fact that its price keeps increasing.
Bitcoin as a dual effect on a person because it can be use as a currency and investment at the same time. Overtime, we can still see a good increase of new entrants in the world of bitcoins that would patronize the use of bitcoins and will give more opportunity to us to see big merchants adopting too.
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July 29, 2016, 05:06:44 PM
 #895

Cash is good for day-to-day transactions while bitcoins is good for online transactions. Since we are all going cashless, people might start seeing the benefits of bitcoins... asides the fact that its price keeps increasing.
Bitcoin as a dual effect on a person because it can be use as a currency and investment at the same time. Overtime, we can still see a good increase of new entrants in the world of bitcoins that would patronize the use of bitcoins and will give more opportunity to us to see big merchants adopting too.

It is true bitcoin can be use as currency and at the same time as an investment asset.  But please be aware that not all investment will  give you a positive ROI.  I don't also see any reason why should i have BTC instead of cash where cash gives me more convinient in purchasing stuff in local market.  So I think Bitcoin is only good instead of cash if you want certain   things to do.

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razor5cl
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July 29, 2016, 05:18:42 PM
 #896

Bitcoin is an alternative to cash in the same way that a credit/debit card, PayPal account or other similar digital currency equivalent can also be alternative to cash. The difference between bitcoin and Paypal or a debit/credit card is that bitcoin is decentralized and can also be anonymous if you take appropriate precautions. However it is similar to these alternatives in that there are certain types of transaction that cannot use cash easily - if you want to buy something online you have to put cash into a bank account and then use the attached debit card to pay online. Bitcoin is an alternative to this system in this context, and it offers the benefits I mentioned above.
CryingMidget
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July 29, 2016, 05:29:42 PM
 #897

Cash is good for day-to-day transactions while bitcoins is good for online transactions. Since we are all going cashless, people might start seeing the benefits of bitcoins... asides the fact that its price keeps increasing.



It is same concept like why using debit card and not using cash.. It absolutely will get more safety if we didn't get a lot cash money when walking around the street.
And with btc you can do more transaction in a minute than transaction with cash.
bitdumper
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One world One currency, Bitcoin.


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July 29, 2016, 06:27:41 PM
 #898

we use hand cash as because it is easier to use it in our sourrendings but we should never forget it takes a lot to time to faint currencys to come in existence and it is now time to become more advance lets use bitcoin as a payment.government use a partion from everyone's money to run itself but if we switch to bitcoin then we will be working without any limits so we can freely spend our money as the way we want

Crazygreek
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July 29, 2016, 07:11:52 PM
 #899

Can agree with people who saying that bitcoin is better than cahs, for using as currency cash is really much better that bitcoin and also much esier.

Vikingr
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July 29, 2016, 08:09:23 PM
 #900

Cash is good for day-to-day transactions while bitcoins is good for online transactions. Since we are all going cashless, people might start seeing the benefits of bitcoins... asides the fact that its price keeps increasing.

as the system of bitcoin is not established everywhere that is why we feel better with cash in our daily life while paying in our local market, and if that system established everywhere then we all will refer bitcoin as it will be more secure for us.
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