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Author Topic: Why have Bitcoin instead of cash?  (Read 246105 times)
Zooplus
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October 20, 2016, 08:25:52 AM
 #1381

I understand on why people would have bitcoin instead of cash because with bitcoin you can end up with more money and you can end up with cash.
I still would like to have cash because then I would not have to go trough the whole bitcoin process.
It certainly depends on our purpose, if our purpose is to invest then it is good to use bitcoin than cash but to use our money to spend cash is the easiest  currency to use compared to bitcoin, unless your transaction are mostly online, but I doubt there's someone doing that.
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October 20, 2016, 08:28:15 AM
 #1382

I understand on why people would have bitcoin instead of cash because with bitcoin you can end up with more money and you can end up with cash.
I still would like to have cash because then I would not have to go trough the whole bitcoin process.
It certainly depends on our purpose, if our purpose is to invest then it is good to use bitcoin than cash but to use our money to spend cash is the easiest  currency to use compared to bitcoin, unless your transaction are mostly online, but I doubt there's someone doing that.
Our purpose here is not make money so definitely we will be using bitcoin and we will choose it over cash, while you are also right that it depends on our purpose and convenience, bitcoin is just an investment right now as we cannot spend it for our daily needs due to its limited partners online.
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October 20, 2016, 08:34:18 AM
 #1383

I understand on why people would have bitcoin instead of cash because with bitcoin you can end up with more money and you can end up with cash.
I still would like to have cash because then I would not have to go trough the whole bitcoin process.

It depends, if you are willing to spend the money then you should probably have cash as bitcoin is not yet accepted in the places where you might spend the money, but if you are not willing to spend them then having bitcoins would be better as it makes them more with the time with its growing nature.
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October 20, 2016, 02:22:27 PM
 #1384

I understand on why people would have bitcoin instead of cash because with bitcoin you can end up with more money and you can end up with cash.
I still would like to have cash because then I would not have to go trough the whole bitcoin process.

Yes, your right. for now, we need both cash and bitcoins. but with the recent launches of different bitcoin debit cards, we can go cashless shopping by just having bitcoins on your debit cards.


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October 20, 2016, 02:40:20 PM
 #1385

I would choose Bitcoin instead of cash because the value of the Bitcoin always go up which can earn you in the end more money. So more Bitcoins in the end means more cash you just have to sell them.
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October 20, 2016, 03:32:47 PM
 #1386

Cash is actually very efficient in our life. We use it to buy things. Bitcoin on the other hand, can't be used to buy things offline and there's very few options for it online. Bitcoin is mainly here for us to make us rich in fiat. We will all convert our Bitcoins into fiat once we're satisfied with the price. So I think those people who prefer having Bitcoin instead of cash are just waiting for the time to dump their investments.

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October 20, 2016, 06:37:28 PM
 #1387

Cash is actually very efficient in our life. We use it to buy things. Bitcoin on the other hand, can't be used to buy things offline and there's very few options for it online. Bitcoin is mainly here for us to make us rich in fiat. We will all convert our Bitcoins into fiat once we're satisfied with the price. So I think those people who prefer having Bitcoin instead of cash are just waiting for the time to dump their investments.

With Bitcoin payment cards it is no longer a problem to buy things offline. If you have got such a card, which is linked to your web wallet like that of Coinbase or Xapo, you can basically buy anything, just like you would with your typical debit or credit card. Whether it is worth to spend bitcoins this way, or spend them at all as a payment for a bunch of everyday things and services instead of cash is another matter. I would rather hold bitcoins and spend fiat.
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October 20, 2016, 06:43:01 PM
 #1388

I would love to have both bitcoins and well as cash with me,because both are totally different with each other and have different advantages.
Bitcoin is good if i am doing online transactions,shopping or gambling but i need cash to buy items and other stuffs in the real life.
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October 20, 2016, 06:50:33 PM
 #1389

I would love to have both bitcoins and well as cash with me,because both are totally different with each other and have different advantages.
Bitcoin is good if i am doing online transactions,shopping or gambling but i need cash to buy items and other stuffs in the real life.
Yeah both are good to receive cash and bitcoin for me i am earning here in my own business locally also i am collecting bitcoins as my savings to get benefits for my future to have also online business in the future.. that can bring to be rich someday..

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October 23, 2016, 08:06:18 AM
 #1390

I would love to have both bitcoins and well as cash with me,because both are totally different with each other and have different advantages.
Bitcoin is good if i am doing online transactions,shopping or gambling but i need cash to buy items and other stuffs in the real life.
Yeah both are good to receive cash and bitcoin for me i am earning here in my own business locally also i am collecting bitcoins as my savings to get benefits for my future to have also online business in the future.. that can bring to be rich someday..
Having my own business is one of my dream and my target for this year, actually I work as an accounting supervisor in a certain company and I feel like my salary is not enough and I have read many stories about people getting rich because of business, so that concludes you will be rich if you manage your own business.

Further, as a bitcoin enthusiast I think if I will quit my job, I will also consider starting to be a full time trader since I believe I can also make more money when I am focus, I can use cash in my physical business and use bitcoin in trading, so they are both good.

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October 23, 2016, 08:12:34 AM
 #1391

I would love to have both bitcoins and well as cash with me,because both are totally different with each other and have different advantages.
Bitcoin is good if i am doing online transactions,shopping or gambling but i need cash to buy items and other stuffs in the real life.
Yeah both are good to receive cash and bitcoin for me i am earning here in my own business locally also i am collecting bitcoins as my savings to get benefits for my future to have also online business in the future.. that can bring to be rich someday..
Having my own business is one of my dream and my target for this year, actually I work as an accounting supervisor in a certain company and I feel like my salary is not enough and I have read many stories about people getting rich because of business, so that concludes you will be rich if you manage your own business.

Further, as a bitcoin enthusiast I think if I will quit my job, I will also consider starting to be a full time trader since I believe I can also make more money when I am focus, I can use cash in my physical business and use bitcoin in trading, so they are both good.

For a long time for myself I realized that you can not oppose the Bitcoin Fiat. These two systems must coexist and complement each other. Bitcoin does not replace the national currency
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October 23, 2016, 08:35:40 AM
 #1392

My own having of Bitcoin is actually because of various reasons:

1. I earn bitcoin via various means and I see it as a way to generate passive income doing what I do online normally such as surfing and browsing.

2. Another way is for me to be able to pay for services I can get from someone from another end of the world without having to go through the bureaucracy of machinery of government.

3,. Another is the ability to transact without any difficulty irrespective of the time it is that I cannot even go out ti the bank but with Bitcoin I can transfer and even receive any time of the day without limitation.

4. And the most important is the learning part and meeting wonderful people which I have come to understand by having bitcoin. I have come to follow various trends in the world of Bitcoin, the price and the rate of movement. And above all, its being worth it.
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October 23, 2016, 08:38:29 AM
 #1393

I will love cash to be with me as well as bitcoins,because is really important also in the real life.But talking about bitcoins,we cannot use cash online or sending the money all around the world cannot be possible with cash,but bitcoin makes that possible,in that case you should have bitcoin instead of cash.
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October 23, 2016, 10:48:41 PM
 #1394

I will love cash to be with me as well as bitcoins,because is really important also in the real life.But talking about bitcoins,we cannot use cash online or sending the money all around the world cannot be possible with cash,but bitcoin makes that possible,in that case you should have bitcoin instead of cash.


I will have bicoin instead of cash because its easy and fast to use specially on your online buying transactions which requires bitcoin, cash form is not easy to use online because you have to manually deposit it ti your bank in order to transact it for online payments.

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October 23, 2016, 10:51:50 PM
 #1395

yea bitcoin is potential investment i agree here that is why i love more bitcoin and because of low fees and because of anonymously
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October 23, 2016, 11:34:27 PM
 #1396

I will love cash to be with me as well as bitcoins,because is really important also in the real life.But talking about bitcoins,we cannot use cash online or sending the money all around the world cannot be possible with cash,but bitcoin makes that possible,in that case you should have bitcoin instead of cash.
Yes these both are important for us I have some cash for my local use and I have my remaining money in bitcoin and I have them in bitcoin because the future of bitcoin is much bright and in the future its value will be very high.
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October 23, 2016, 11:46:59 PM
 #1397

I will love cash to be with me as well as bitcoins,because is really important also in the real life.But talking about bitcoins,we cannot use cash online or sending the money all around the world cannot be possible with cash,but bitcoin makes that possible,in that case you should have bitcoin instead of cash.
Yes these both are important for us I have some cash for my local use and I have my remaining money in bitcoin and I have them in bitcoin because the future of bitcoin is much bright and in the future its value will be very high.
But there are a number of places where you can buy good with bitcoin so we do not need to keep fiat it is better to keep our money in bitcoin and have to use bitcoin as currency to buy things online from bitcoin shop.
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October 24, 2016, 01:42:30 AM
 #1398

I will love cash to be with me as well as bitcoins,because is really important also in the real life.But talking about bitcoins,we cannot use cash online or sending the money all around the world cannot be possible with cash,but bitcoin makes that possible,in that case you should have bitcoin instead of cash.
Yes these both are important for us I have some cash for my local use and I have my remaining money in bitcoin and I have them in bitcoin because the future of bitcoin is much bright and in the future its value will be very high.
But there are a number of places where you can buy good with bitcoin so we do not need to keep fiat it is better to keep our money in bitcoin and have to use bitcoin as currency to buy things online from bitcoin shop.
Not all the things we need are found online, we have only limited stores online that accepts bitcoin and mostly they are selling digital goods. We need cash more that bitcoin if we are spending for our daily needs. For now, bitcoin is good as an investment and maybe you will consider as your needs if you love to gamble on a regular basis as what I see, gambling industry are very profitable because of gamblers who uses bitcoin.

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October 24, 2016, 02:43:54 AM
 #1399

because it is more convenient if you are going to use bitcoin
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October 24, 2016, 04:49:20 AM
 #1400

Bitcoin is really attract my attention since my first glance. It has value , fast transaction and low fee rather than my local cash. That's why I like owning bitcoin over cash. Recently many online shop has accept bitcoin as payment method , which is really helpfull for me to purchase something with bitcoin in real life.
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