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Author Topic: Why have Bitcoin instead of cash?  (Read 246114 times)
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September 29, 2016, 04:47:56 PM
 #1321

There's nothing saying that you can have both at the same time. i'd rather use cash, because a 1 dollar bill is a 1 dollar bill, while bitcoin prices fluctuates a lot, just look at the trends for this year's prices to figure that out.

it's not that important if bitcoin has no fungibility, because evaluation will be made in the same moment you do a purchase, so you will not lose anything from the exchange, bitcoin will eventually be fungible when it will be bigger not now when it is unseen by many

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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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September 29, 2016, 04:49:44 PM
 #1322

 
Define cash.

Is cash physical money ?

Is cash anonymous money ?

Is cash FIAT ?

Right now, there is no way Bitcoin can replace any of these but why do you care ?
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September 29, 2016, 05:06:55 PM
 #1323

intresting topic i would like to add a point too. bitcoin is wasily accessable and works on very low tax and it does not have a money limit like we can send as low or as kuch as we want but banks would not do that directly

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September 30, 2016, 04:35:37 AM
 #1324

It is a big NO NO for me. It is also not advised to keep only bitcoins in digital form as it can be hacked anytime. If it happens, then you will be left with simply nothing.

Always maintain a good balance between cash and bitcoins. Maintain a certain percentage of your money in to bitcoin and also a good percentage in to cash so that you can use it anytime you want. Also the risk of hacking will be reduced.

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September 30, 2016, 04:53:07 AM
 #1325

Personally I'd rather have Bitcoin instead of cash because it gains more value over time (so far, plus depreciating value), and it is less vulnerable to loss or loss of value than fiat currency (for a multitude of reasons). You can also use Bitcoin in a number of ways, and it isn't as limited as fiat currency.
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September 30, 2016, 05:06:48 AM
 #1326

It is a big NO NO for me. It is also not advised to keep only bitcoins in digital form as it can be hacked anytime. If it happens, then you will be left with simply nothing.

Always maintain a good balance between cash and bitcoins. Maintain a certain percentage of your money in to bitcoin and also a good percentage in to cash so that you can use it anytime you want. Also the risk of hacking will be reduced.
Well its not a problem we can secured our balance to dont trace our transaction we have bitmixer here or increase your passphrase so that hackers cant hack your account.. for now since i still dont seen or heard hack bitcoins account unless they are weak passphrase to brute force their wallet.

Make crypto as your bank.
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September 30, 2016, 02:16:26 PM
 #1327

I love having bitcoin and I think that using bitcoin is better than cash, its safer and you can also not lose it easily like cash.
Due to that I think its better to have bitcoin.
Every one love having bitcoin in there bitcoin wallets specially when they are receiving big amounts of bitcoin , cash in cash we use it for physical needs like buying foods whenever we wants buying something that we need specially the cloths and many more for me it better if we use two
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September 30, 2016, 06:00:40 PM
 #1328

I love having bitcoin and I think that using bitcoin is better than cash, its safer and you can also not lose it easily like cash.
Due to that I think its better to have bitcoin.
Every one love having bitcoin in there bitcoin wallets specially when they are receiving big amounts of bitcoin , cash in cash we use it for physical needs like buying foods whenever we wants buying something that we need specially the cloths and many more for me it better if we use two

In my country, I used to be able to buy the aeroplane ticket with bitcoin, but not any more. bitcoin is not so popular.

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September 30, 2016, 06:18:20 PM
 #1329

I love having bitcoin and I think that using bitcoin is better than cash, its safer and you can also not lose it easily like cash.
Due to that I think its better to have bitcoin.
Every one love having bitcoin in there bitcoin wallets specially when they are receiving big amounts of bitcoin , cash in cash we use it for physical needs like buying foods whenever we wants buying something that we need specially the cloths and many more for me it better if we use two
But, I'm not enjoying on having two types of currencies. But I am enjoying bitcoin as an investment rather than currency. Actually I'm not having bitcoin instead of cash but I'm having bitcoin instead of stock market shares. Instead of investing in other opportunities, I like to have bitcoin for my better future.

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September 30, 2016, 06:19:51 PM
 #1330

I love having bitcoin and I think that using bitcoin is better than cash, its safer and you can also not lose it easily like cash.
Due to that I think its better to have bitcoin.
Every one love having bitcoin in there bitcoin wallets specially when they are receiving big amounts of bitcoin , cash in cash we use it for physical needs like buying foods whenever we wants buying something that we need specially the cloths and many more for me it better if we use two

In my country, I used to be able to buy the aeroplane ticket with bitcoin, but not any more. bitcoin is not so popular.
Bitcoin still not so popular but many companies right now are using bitcoin like you mention airplane ticket paying in bitcoin..
just like steam they are now accepting bitcoin as payment.. and i think more companies and development will happen in bitcoin in the near future.

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September 30, 2016, 06:25:50 PM
 #1331

I love having bitcoin and I think that using bitcoin is better than cash, its safer and you can also not lose it easily like cash.
Due to that I think its better to have bitcoin.
Every one love having bitcoin in there bitcoin wallets specially when they are receiving big amounts of bitcoin , cash in cash we use it for physical needs like buying foods whenever we wants buying something that we need specially the cloths and many more for me it better if we use two
But, I'm not enjoying on having two types of currencies. But I am enjoying bitcoin as an investment rather than currency. Actually I'm not having bitcoin instead of cash but I'm having bitcoin instead of stock market shares. Instead of investing in other opportunities, I like to have bitcoin for my better future.
Yeah its always good to have bitcoin and save for a long time because you made a task that you will earn if you sell it you are just waste some rates for transaction. and for me better to wait the right time to sell your bitcoins to make a good profit..  if you receive cash already and the price of bitcoin is low you can not make a good profit.



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October 01, 2016, 08:16:31 AM
 #1332

I would not come very far if I left the house with no cash, only my smartphone.
For the next 30 miles I do not know a single shop where I could use btc as payment.
What is beyond that I actually do not know, but I would be surprised if there were shops that accepted bitcoins.
To me the sentence "bitcoin instead of cash" really makes no sense.

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October 01, 2016, 08:49:40 AM
 #1333

Personally I'd rather have Bitcoin instead of cash because it gains more value over time (so far, plus depreciating value), and it is less vulnerable to loss or loss of value than fiat currency (for a multitude of reasons). You can also use Bitcoin in a number of ways, and it isn't as limited as fiat currency.

So in here you really care for the bitcoin price since you are pointing of the value of it as time passes by.

What will take care of your regular expenses now? Since you preferred to have bitcoin instead of cash, your bitcoin will now be used to covered all your daily, weekly and regular spendings now. See the picture here?

There are many instances that bitcoin can't really match what fiat cash can do today so just use both of them as they are giving benefits in our financial status in life.

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October 01, 2016, 09:13:59 AM
 #1334

I would not come very far if I left the house with no cash, only my smartphone.
For the next 30 miles I do not know a single shop where I could use btc as payment.
What is beyond that I actually do not know, but I would be surprised if there were shops that accepted bitcoins.
To me the sentence "bitcoin instead of cash" really makes no sense.

That question is not to have bitcoins in your pocket instead of cash, but it means if is it better to have your money in cash or it would be better if they stay in bitcoins? Or if you have bitcoins and no cash then what is the reason for you? You could simply answer this question like i don't have bitcoins because i can't use them anywhere around me so that is why i don't keep my money into bitcoin.
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October 01, 2016, 10:19:52 AM
 #1335

Absolutely true noticed that bitcoins do not need to be converted into another currency to make payments. It is very convenient. Do not lose money on these activities
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October 01, 2016, 10:22:12 AM
 #1336

Absolutely true noticed that bitcoins do not need to be converted into another currency to make payments. It is very convenient. Do not lose money on these activities
but sometimes you just need to convert it when you're going to pay things but they didn't accept bitcoin directly so you will exchange it to fiat to pay them to get the bills paid,for example for paying water and electricity

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horace08122
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October 04, 2016, 01:58:57 PM
 #1337

The main advantage of bitcoins that this is a very convenient payment system. The second important point is its high price. In addition, the price is constantly increasing.
Piltover
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October 12, 2016, 02:51:23 PM
 #1338

Some people think that it is better to have Bitcoin instead of cash because the value of the Bitcoin can go up which can lead to more cash in the end.
But at the moment I would go with cash because you can use cash at more places then Bitcoin for sure.
Kotone
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October 12, 2016, 02:57:47 PM
 #1339

Bitcoin is easy to use and making some transaction is easy too if you are going to use bitcoin in the future then bitcoin will be more popular because bitcoin for now is international and im believing that bitcoin will be more popular and it will be converted into bitcoin everything Smiley hope soo this will be happens

Icathia
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October 12, 2016, 03:17:00 PM
 #1340

Having bitcoin instead of cash is just nice because you can make some nice amounts with it and its also that you can use it globally.
Another fact is that you can make profit with just holding it too!
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