Why have Bitcoin instead of cash?

[Caladonian]

At the time bitcoin is already a better alternative to send and receive money from anywhere in the planet, but to use physical stores, we still depend on paper money.

Agreed. The ability to send any amount of money to anywhere in the world without any restriction is what really makes Bitcoin awesome. For daily usage, it is a lot simpler to just use cash. Paying with paper money is faster and doesn't require you to have a phone/electronic device. Plus it is more anonymous too.

+1 mate both have there advantages and disadvantage thanks for giving your insight nicely said mate. bitcoin is an easy transaction and a hassle free if using it electronically while fiat if you are in your local place it is also easy to just pay your bill and leave the place.

[Newcoins2020]

The only reason why I would choose Bitcoin over cash is because you can use Bitcoin as an investment which means that you can make more money with it.
Eventually it is going to lead to cash so that is the reason why I would choose Bitcoin over cash.

[goldcoinminer]

The only reason why I would choose Bitcoin over cash is because you can use Bitcoin as an investment which means that you can make more money with it.
Eventually it is going to lead to cash so that is the reason why I would choose Bitcoin over cash.

Exactly, now is the time to invest since we are given the chance to use something that will be popular in the future and that is bitcoin. Right now, since we are earning in bitcoin so definitely we should choose bitcoin over cash but that does not mean that cash is not important to us.

[Theb]

Well having to use your BTC wallet can be handy as you won't bring any wallets, cards, or pocket money in order to pay, also you prevent it from losing money from loose pockets, having to pay the exact amount. Well everything would be benefitial but ofcourse it must be available for everybody in order to bring no extra cash.

[sishendaoye]

Well with the bitcoin you can access and pay everywhere, you can pay things online with it but also in real life stores so you can use it for multiple things that is pretty nice.
Another fact is also that can almost not get robbed so its safer also.

[abayan]

The only reason why I would choose Bitcoin over cash is because you can use Bitcoin as an investment which means that you can make more money with it.
Eventually it is going to lead to cash so that is the reason why I would choose Bitcoin over cash.

Exactly, now is the time to invest since we are given the chance to use something that will be popular in the future and that is bitcoin. Right now, since we are earning in bitcoin so definitely we should choose bitcoin over cash but that does not mean that cash is not important to us.

i agree. Bitcoin is one of the method that we could earn money and we should earn with it. It is a blessing to us so we should grab it and earn a lot so that we could exchange it into our own cash. Bitcoin > cash. Choosing bitccoin to earn and in the end we will end up to cash Both are important

[Taki]

   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.

Banks can't steal money from us? Ok, but if it gonna be bitcoin bank it will be totally the same system. And it is also possible to steal all of your bitcoins, cause of wallets and exchangers can't guarantee you total security.

[Theb]

   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.

Banks can't steal money from us? Ok, but if it gonna be bitcoin bank it will be totally the same system. And it is also possible to steal all of your bitcoins, cause of wallets and exchangers can't guarantee you total security.

Banks does steal money from us. How? Well they use money that we deposited from them and use it to loan it to other people with high interest, after that they will give us little interest per yer, in which inflation will take place that will lower the buying power of our money saved, Lets not be outsmarted by greedy banks lets  find other ways to save money.

[marcuslong]

Well i prefer to use this both. Cash is basis where we can buy our daily needs everyday foods , and money are mainstream where we can use it in our daily use also but in bitcoin we are using bitcoin to earn money where we always convert it into cash and use that cash like what i said earlier to use in dialy.

[freedomgo]

Well i prefer to use this both. Cash is basis where we can buy our daily needs everyday foods , and money are mainstream where we can use it in our daily use also but in bitcoin we are using bitcoin to earn money where we always convert it into cash and use that cash like what i said earlier to use in dialy.

Exactly, because without cash we cannot spend our bitcoins, for now we are just dependent in fiat so we need cash. They have different purpose for me because I use bitcoin for my investment and I use cash to cash out my profit so it would be easy for me to spend.

[X-ray]

Well i prefer to use this both. Cash is basis where we can buy our daily needs everyday foods , and money are mainstream where we can use it in our daily use also but in bitcoin we are using bitcoin to earn money where we always convert it into cash and use that cash like what i said earlier to use in dialy.

Exactly, because without cash we cannot spend our bitcoins, for now we are just dependent in fiat so we need cash. They have different purpose for me because I use bitcoin for my investment and I use cash to cash out my profit so it would be easy for me to spend.

without cash you can still spend your bitcoins,whether it's directly or through another way it's still called spending bitcoin as long you get stuff in exchange so saying without cash we cannot spend our bitcoins is really wrong

[Digitalbitcoin]

   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.

Banks can't steal money from us? Ok, but if it gonna be bitcoin bank it will be totally the same system. And it is also possible to steal all of your bitcoins, cause of wallets and exchangers can't guarantee you total security.

Banks does steal money from us. How? Well they use money that we deposited from them and use it to loan it to other people with high interest, after that they will give us little interest per yer, in which inflation will take place that will lower the buying power of our money saved, Lets not be outsmarted by greedy banks lets  find other ways to save money.

Excellently mentioned.

Appreciate.


As Bank are making money on "money" same as we can call generating money because they have such tool/instruments, also these bank are regulated.

But

Bitcoin gave common man that much mobility with its feature and futures which are admirable and give opportunity to generate cryptocurrency with mining and cryptocurrency are actually assets which can be traded in market with certain exchange value which is in form of virtual digital currency.

[tee-rex]

   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.

Banks can't steal money from us? Ok, but if it gonna be bitcoin bank it will be totally the same system. And it is also possible to steal all of your bitcoins, cause of wallets and exchangers can't guarantee you total security.

Banks does steal money from us. How? Well they use money that we deposited from them and use it to loan it to other people with high interest, after that they will give us little interest per yer, in which inflation will take place that will lower the buying power of our money saved, Lets not be outsmarted by greedy banks lets  find other ways to save money.

Inflation doesn't happen because banks lend out money, but to say that they steal our money because they pay less interest than they get themselves through lending this money out is laughable at least. It is their business, and if you don't like it, no one urges you to deposit your precious bucks in a bank in the first place. Entrepreneurs that take loans from a bank to start or run a business should earn even a higher interest off their enterprise, but this doesn't mean that they are stealing from you implicitly or from the bank directly.

[subhiii]

i think if i iam traveling to somewhere i can easily take all of money worth bitcoin with you easily without any problem
so i can relax without risk to get ripped or loose my money
but if i use cash i can't do that

[leakingnoseee]

Because you can pay with bitcoins for everything online

[CloudStrife]

Paper money you use mostly as a currency, unless you work in forex. But bitcoin is an currency and also investment, if you save it for the long term.

[stadus]

   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.

Banks can't steal money from us? Ok, but if it gonna be bitcoin bank it will be totally the same system. And it is also possible to steal all of your bitcoins, cause of wallets and exchangers can't guarantee you total security.

Banks does steal money from us. How? Well they use money that we deposited from them and use it to loan it to other people with high interest, after that they will give us little interest per yer, in which inflation will take place that will lower the buying power of our money saved, Lets not be outsmarted by greedy banks lets  find other ways to save money.

Inflation doesn't happen because banks lend out money, but to say that they steal our money because they pay less interest than they get themselves through lending this money out is laughable at least. It is their business, and if you don't like it, no one urges you to deposit your precious bucks in a bank in the first place. Entrepreneurs that take loans from a bank to start or run a business should earn even a higher interest off their enterprise, but this doesn't mean that they are stealing from you implicitly or from the bank directly.

Inflation will only happen to us because when putting our money in bank and if we think we will have a good income of the interest given that is not correct, the longer we put our money there the more the value depreciates, therefore putting your money in banks should not be considered as investment but just a mere savings.

[Caladonian]

Paper money you use mostly as a currency, unless you work in forex. But bitcoin is an currency and also investment, if you save it for the long term.

paper still needed especially when you go to a certain place that doesn't have electricity its impossible for you to any transaction
that's one of disadvantage of btc you can do anything without electricity.

[ObscureBean]

Well having to use your BTC wallet can be handy as you won't bring any wallets, cards, or pocket money in order to pay, also you prevent it from losing money from loose pockets, having to pay the exact amount. Well everything would be benefitial but ofcourse it must be available for everybody in order to bring no extra cash.

You don't have to carry your regular wallet or card with you but you still need to somehow have access to your Bitcoins in order to make payments. This means you'll need to have your phone or some other electronic device with you. Not only that but if your battery dies or you're in an area where you don't have internet, you're stuck. Whereas paper money is not dependent on any of these things.

[goldcoinminer]

Well having to use your BTC wallet can be handy as you won't bring any wallets, cards, or pocket money in order to pay, also you prevent it from losing money from loose pockets, having to pay the exact amount. Well everything would be benefitial but ofcourse it must be available for everybody in order to bring no extra cash.

You don't have to carry your regular wallet or card with you but you still need to somehow have access to your Bitcoins in order to make payments. This means you'll need to have your phone or some other electronic device with you. Not only that but if your battery dies or you're in an area where you don't have internet, you're stuck. Whereas paper money is not dependent on any of these things.

Cash is very simple to use and that is the only main advantage on bitcoin, I earn bitcoin and I like to spend bitcoin but it is not that popular in our world and you can only see few stores to accept bitcoin and mostly they are located in a progressive country so I have no choice but to use my cash.