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Author Topic: Why have Bitcoin instead of cash?  (Read 246123 times)
oceanriver
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September 01, 2016, 01:34:25 PM
 #1061

At this time, when the bitcoin price is still very volatile, I don't think that bitcoin could already be so advantageous to pay our daily expenses.
if you did not spot it yet, the price is not volatile at all right now and the price growths and drops happen really rarely so there is surely no risk
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September 02, 2016, 04:05:57 AM
 #1062

At this time, when the bitcoin price is still very volatile, I don't think that bitcoin could already be so advantageous to pay our daily expenses.
if you did not spot it yet, the price is not volatile at all right now and the price growths and drops happen really rarely so there is surely no risk
Bitcoin has never been stable, the price is still volatile and we are seeing that on a daily basis. Buying now is good for those who want to invest for the future price of bitcoin.

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September 02, 2016, 04:48:34 AM
 #1063

At this time, when the bitcoin price is still very volatile, I don't think that bitcoin could already be so advantageous to pay our daily expenses.
if you did not spot it yet, the price is not volatile at all right now and the price growths and drops happen really rarely so there is surely no risk


Nope bitcoin is not volatile right now last month it's because of bitfinex crises at present bitcoin going very stable and in Christmas time bitcoin will go for high rate than now. So you said there is no risk at all in bitcoin.
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September 02, 2016, 04:59:51 AM
 #1064

At this time, when the bitcoin price is still very volatile, I don't think that bitcoin could already be so advantageous to pay our daily expenses.
if you did not spot it yet, the price is not volatile at all right now and the price growths and drops happen really rarely so there is surely no risk


Nope bitcoin is not volatile right now last month it's because of bitfinex crises at present bitcoin going very stable and in Christmas time bitcoin will go for high rate than now. So you said there is no risk at all in bitcoin.
I agree with you guys . Bitcoin is certainly not like other stupid Cryptos , whose price can be easily manipulated , I see no risk in holding Bitcoin . As a matter of fact , I am happy to hold bitcoins instead of cash , because its an investment and money together . Another main reason is , I can gamble with it online easily .



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bedeskon
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September 02, 2016, 05:24:03 AM
 #1065

i already did some payment with bitcoin , oh i hope there are more shop that we can pay with bitcoin instead of cash
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September 02, 2016, 05:31:55 AM
 #1066

Why any crypto currency rather than fiat

https://steemit.com/charity/@coexist/lets-coexist-on-steemit

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September 02, 2016, 06:27:45 AM
 #1067

i already did some payment with bitcoin , oh i hope there are more shop that we can pay with bitcoin instead of cash
Right now we just have to accept the reality that we cannot spend our bitcoin easily due to only few number of merchants that are accepting bitcoin, time will come bitcoin will be popular and more people will be adopting from it which will also give us a benefit so we just have to wait for the time and trust the future of bitcoin.
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September 02, 2016, 07:34:15 AM
 #1068

No reason at all. I always like to hold cash. Bitcoin is not practical like cash. I am a bit old fashioned, i like to smell my money!, feeling it in my hands mmmm, i just came.

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September 02, 2016, 07:39:17 AM
 #1069

For now, I don't have many reasons to. If I would have been in other countries where BTC is popular, maybe I would have agreed with this idea but right now no. Nobody even knows what BTC is in my country...
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September 02, 2016, 04:23:31 PM
 #1070

At this time, when the bitcoin price is still very volatile, I don't think that bitcoin could already be so advantageous to pay our daily expenses.
well it is advanced enough at the moment, the problem is that not a lot of companies and shops are accepting bitcoins right now and i dont think that it is going to happen soon

 
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September 02, 2016, 06:14:38 PM
 #1071

For now, I don't have many reasons to. If I would have been in other countries where BTC is popular, maybe I would have agreed with this idea but right now no. Nobody even knows what BTC is in my country...
It is all about usabilty and been unable to spent my bitcoin in many shops, at east in my country, make bitcoin worthy to hold, but not to do any fancy things with it.
Some day perhaps soon we may see this change but at this moment I would choose cash over bitcoin.
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September 02, 2016, 06:41:35 PM
 #1072

Bitcoins instead of cash? I don't know, cash is better in this case, cause you can use it everywhere when bitcoin allows you online shopping only.

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September 03, 2016, 08:10:41 AM
 #1073

i think bitcoin is very much safest and very useful for online shopping than cash so there is a huge number of people are using bitcoin instead of cash and bitcoin is available in everywhere for online shopping.
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September 03, 2016, 08:28:59 AM
 #1074

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 for me i prefered using bitcoin because i can easily earn it from internet where i can hold it or invest it when in cash we need cash in literal world to buy things that need our life more countries now are using bitcoin especially united states where people are populated and choosing to choose bitcoin as they currency Smiley
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September 03, 2016, 08:34:12 AM
 #1075

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 for me i prefered using bitcoin because i can easily earn it from internet where i can hold it or invest it when in cash we need cash in literal world to buy things that need our life more countries now are using bitcoin especially united states where people are populated and choosing to choose bitcoin as they currency Smiley

Yeah if e are talking about earning online because it is easy to earn bitcoin online than $ but if you convert bitccoin to $ then that is right but in real life we are using our cash our money because stores is they dont know what is bitccoin and they dont accept it as a payment so I prefer cash than bitcoin
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September 03, 2016, 09:14:58 AM
 #1076

because we have many currency and bitcoin isn't recognized yet in the whole world that's why and government won't allowed not to have pure control of their currency so many greedy so i guess bitcoin can't change it.
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September 03, 2016, 10:06:42 AM
 #1077

Bitcoins instead of cash? I don't know, cash is better in this case, cause you can use it everywhere when bitcoin allows you online shopping only.

Yes, fiat currency is better because we buy it and utilize it in anywhere. But in investment point of view, bitcoin is a big investment of crypto currency.
When we use cash money in Bitcoin, and we use bitcoin in trading and investment than we could earn more cash. In this point of view, i think bitcoin is better than cash.   









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September 03, 2016, 10:17:32 AM
 #1078

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.

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.

Mostly people use bitcoin for those three reasons mentioned, first one is security because someone would probably feel more safer if he has his funds with him all the time and has no worries about any stealing or something.
2nd thing is the money you are having can grow anytime, so that is obviously a great thing someone would think of, though there are things which grow in value like gold but for the first time we have a currency that grows that much.
And the most important, you can pay anyone any amount in any corner of the world in no time without any exchanging or other small time consuming actions, you just ask them for the wallet address and send the funds and that's it, they got them in minutes and you are done.
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September 03, 2016, 11:06:10 AM
 #1079

I agree especially to 3 and 4, it's a currency that you can use anywhere and it's as easy as clicking a button, No fine lines and no limitations and restrictions whatsoever, it also offers better privacy if you are careful not to link yourself to a certain address.
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September 03, 2016, 06:20:44 PM
 #1080

I agree especially to 3 and 4, it's a currency that you can use anywhere and it's as easy as clicking a button, No fine lines and no limitations and restrictions whatsoever, it also offers better privacy if you are careful not to link yourself to a certain address.

Certainly if we want the convenience and hassle free transactions, using bitcoin is way ahead of cash.  Plus the fact that every transaction were secure there is no doubt that using bitcoin as payment is better.  You will save energy, effort, and of course time. 
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