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Author Topic: Why have Bitcoin instead of cash?  (Read 246121 times)
crairezx20
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September 03, 2016, 06:29:39 PM
 #1081

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. 
Yeah bitcoin is also easy to use almost everything are good but the problem it is good in transferring money but for buying something that we dont know a site if it is legit or not you can not reverse the payment or there is no buyer protection for costumers unlike paypal..
livinglegend
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September 03, 2016, 10:06:49 PM
 #1082

I personally think it is safer than other currencies, add the fact that it is also difficult to someone steal your bitcoins. Certainly it's one of the best currencies of the century, and hopefully the currency of the future.
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September 04, 2016, 02:59:42 PM
Last edit: September 04, 2016, 03:15:46 PM by michelle1845
 #1083

You can see that bitcoin is a currency, but it is also an investment, and if you save your money in fiat it will not grow over some period of time, but if you put some money in btc, it can take your savings at a higher level.
Ziskinberg
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September 05, 2016, 02:54:28 AM
 #1084

You can see that bitcoin is a currency, but it is also an investment, and if you save your money in fiat it will not grow over some period of time, but if you put some money in btc, it can take your savings at a higher level.
Yeah, because your savings will grow in value, you will not receive an interest like in banks but with the increase of bitcoin we can make money in a short period of time. Cash on the other hand is only good for spending but not good in investing.

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Backside walkaround
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September 05, 2016, 03:04:02 AM
 #1085

Besides, Bitcoin is an invisible gold and do not be restricted by the customs.

Very good point! This basically allows you to bring more than 10k in "cash" around the glob in your pocket without customs having a chance to find out.. Can potentially be problematic though, helping illegal transactions.
Yes, but what if you had to leave Nazi Germany II and had to leave all your physical possessions behind?  Your bitcoin could be with relatives in another country before you even arrived.  Criminals are going to use whatever money is most convenient.   Can't help that.  You can help make it better for those good people who would benefit from bitcoin.

If the original Backside walkaround can prove to me they are the old owner of this account, I can update the email address to the email address of their choosing.
Backside walkaround has lost access to their account as they used someone else's email address to sign up, and the owner of the email address got tired of random email notifications from this site after a few months and reset the password.
Golftech
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September 05, 2016, 03:32:41 AM
 #1086

Besides, Bitcoin is an invisible gold and do not be restricted by the customs.

Very good point! This basically allows you to bring more than 10k in "cash" around the glob in your pocket without customs having a chance to find out.. Can potentially be problematic though, helping illegal transactions.
Yes, but what if you had to leave Nazi Germany II and had to leave all your physical possessions behind?  Your bitcoin could be with relatives in another country before you even arrived.  Criminals are going to use whatever money is most convenient.   Can't help that.  You can help make it better for those good people who would benefit from bitcoin.
that's the only downside of it making it popular because of negative use but if we change our points of view it is really much easier to hold bitcoin instead of bringing cash inside your pocket.
goldcoinminer
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September 05, 2016, 05:33:34 AM
 #1087

Besides, Bitcoin is an invisible gold and do not be restricted by the customs.

Very good point! This basically allows you to bring more than 10k in "cash" around the glob in your pocket without customs having a chance to find out.. Can potentially be problematic though, helping illegal transactions.
Yes, but what if you had to leave Nazi Germany II and had to leave all your physical possessions behind?  Your bitcoin could be with relatives in another country before you even arrived.  Criminals are going to use whatever money is most convenient.   Can't help that.  You can help make it better for those good people who would benefit from bitcoin.
that's the only downside of it making it popular because of negative use but if we change our points of view it is really much easier to hold bitcoin instead of bringing cash inside your pocket.
But still you no one can ban bitcoins because criminals will just use it, money laundering also happen in fiat so there is no exemption if anyone is willing to use a certain currency for criminality, I am pretty sure innovation will happen in the future to strengthen the security measures.
SvenBomvolen
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September 05, 2016, 06:01:25 AM
 #1088

   I have seen some very nice arguments in this thread. Most interesting thing for me is that banks cant steal money from us, I remined how much I give to my bank each month for credit cards, for my account, for transactions. They are taking from me more then 10 euros each month, and that is a lot for my salary, more then 5 %.
   I would like to be my own bank, and I to have my money for me and not to give them money every month. That wouldn`t be such big deal, but they are so unkind when ever I go there. They are acting like I`m idiot and they sit there in nice suits, and womans are dressed very nice, with big nails haircuts. Well I`m getting sick in my stomach when I think about that.
Newcoins2020
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September 05, 2016, 07:59:49 AM
 #1089

I think that people would choose Bitcoin over cash because with Bitcoin you can end up making more cash but it only takes longer.
You can also purchase stuff online with Bitcoin so that is a other advantage it has above cash.
Bradexterb
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September 05, 2016, 08:30:21 AM
 #1090

We dont want bitcoins instead of cash becasue i know that cash would be more times better to hjave in the future instead of having bitcoins off course and it is not that we dont want bitcoins but cash is important.
oceanriver
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September 05, 2016, 02:50:00 PM
 #1091

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.
bitcoins are way better, cash is just for regular use while bitcoin could be used for both regular use and for investment purpose
Distinctin
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September 06, 2016, 07:41:41 AM
 #1092

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.
bitcoins are way better, cash is just for regular use while bitcoin could be used for both regular use and for investment purpose

Bitcoin is better. But you do not have many places to accept the bitcoin directly.
You have to convert the bitcoin first.

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goinmerry
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September 06, 2016, 07:52:33 AM
 #1093

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.
bitcoins are way better, cash is just for regular use while bitcoin could be used for both regular use and for investment purpose

You both have a point and we dont need to argur with that. They have their own usage at some point. Fiat us used for daily payments while bitcoin can be as an online transaction and an investment at the same time.
martinacar
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September 06, 2016, 08:28:27 AM
 #1094

bitcoin is too safer and secure and its transaction is very faster and bitcoin transaction fees is very lower.

The bitcoin block size is small, the transaction traffic is congested. So it will not be used widely by the ordinary people in the future as the fee is too high.

That is my concern as well. I am afraid that the bitcoin will be replaced by other popular fast digital coins in the future.

Yes this might very well happen. Bitcoin is also not very very secure as proven in the past.
An alt coin might take over and do it better, maybe google will buy the idea and they would rule the world via their currency. Sounds crazy but i think it's very possible. But for bitcoin to die there needs to be a very big reason or innovative idea.
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September 06, 2016, 12:03:42 PM
 #1095

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.
bitcoins are way better, cash is just for regular use while bitcoin could be used for both regular use and for investment purpose

Bitcoin is better. But you do not have many places to accept the bitcoin directly.
You have to convert the bitcoin first.
of course bitcoins are way better in my opinion it is not going to be changed by anything else when it replaces fiat in the future

 
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bluechipinvestor
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September 07, 2016, 08:05:06 PM
 #1096

Bitcoin certainly will be the future money, there is potential for it, and that is because the world is also getting more digital, that's perfect for the cryptocurrency itself because it will become more and more used.
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September 07, 2016, 09:49:32 PM
 #1097

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.
bitcoins are way better, cash is just for regular use while bitcoin could be used for both regular use and for investment purpose

Bitcoin is better. But you do not have many places to accept the bitcoin directly.
You have to convert the bitcoin first.
bitcoin is better than all the other investment options or the currencies we have, i think that everyone should use only it because it is really easy to use

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September 08, 2016, 04:17:21 PM
 #1098

I use bitcoin, but sometimes I have to convert to cash. I still prefer bitcoin because the price has a lot of room to grow and can be converted to more cash in the future, and also Bitcoin is more convenient to use.
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September 08, 2016, 04:27:59 PM
 #1099

One of the advantage that I like with owning a few Bitcoin is technically or literally you can bring it anywhere without others to catch you that you have a lot of money in Bitcoin. The downside is internet connnection in some are are still alow or nothing.
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September 08, 2016, 04:45:07 PM
 #1100

Why not have both then ? Both are important, bitcoin, we use bitcoin at online and cash, we use cash on real life. Actually i prefer have cash instead of bitcoins.
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