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Author Topic: Why have Bitcoin instead of cash?  (Read 246121 times)
DrGuns4Hands
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December 11, 2016, 10:27:08 AM
 #1701

i prefer that bitcoin will be the first digital currency because we all know that bitcoin is so powerful and bitcoin is spreading all over the world thats why i still want bitcoin instead of cash because in bitcoin i could easily cash it out and made it into cash and in bitcoin i could actually received and send a money with out any fees needed unlike other remittance center.
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December 11, 2016, 08:10:55 PM
 #1702

old or not is not an issue the problem lies within the value, we use cash/fiat to purchase our daily things and fiat will never be worthless

Zimbabweans may tend to disagree with you on that

Cash money isn't going to deflate, it's gonna inflate.  It's gonna lose purchasing power while you're holding it under your mattress.  That's what we call a huge impetus to spend it.  Bitcoin OTOH has been deflating, gaining value.  Why would you want to spend something that's doing that?

Maybe, because you may want to buy something expensive?

As you yourself said, fiat is going to inflate badly, so saving and accumulating your purchasing power in it is not a very good idea overall. You might well end up losing more than you would save. Therefore, if you want to buy something expensive (say, a home), you'd better stick to another tool of storing value, and Bitcoin comes in quite handy in this respect. On the other hand, what is the purpose of saving money without spending it later?

Vikingr
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December 11, 2016, 08:40:45 PM
 #1703

Because having a bitcoin is much better than having a cash. Bitcoin has a great value. And there are many different ways to earn it. With bitcoin transactions are made more easier. You don't have to go to banks to deposit and withdraw money. Bitcoin also has no tax than cash.

The reason why i have bitcoins instead of cash is also because i can earn them while i cannot earn cash as i don't have any jobs in real world, i just earn bitcoins and i'm using them in my daily life by converting them to cash later on, cash is needed because bitcoin is not usable everywhere right now.
Yeah there is maximum people are earning money in good amount through bitcoin trading that there is many jobless people they are making their income through bitcoin trading after get their income through trading then they convert their bitcoin in fiat for local expenditure.
It has a special benefit to students because the students can easily earn money from home and they can continue their study without any hurdle of lack of money and after the completion of their education they will not need to search for jobs but they will have a good capital for starting their own business.
angaper
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December 11, 2016, 09:11:31 PM
 #1704

At this moment most of my daily transactions need cash to be carried out, so in my personal case I still prefer to use cash rather than bitcoins. Bitcoin is for ma a long term investment and I prefer to accumulate them when I can get some coins, and spend my existing cash before it lose its value because of its gradual devaluation.
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December 11, 2016, 09:16:40 PM
 #1705

At this moment most of my daily transactions need cash to be carried out, so in my personal case I still prefer to use cash rather than bitcoins. Bitcoin is for ma a long term investment and I prefer to accumulate them when I can get some coins, and spend my existing cash before it lose its value because of its gradual devaluation.
You have to learn more about bitcoin so that you will be able to use bitcoin in your daily life instead of cash. After getting more knowledge about the usage of bitcoin you will find that it is much easy and convenient to use bitcoin for our needs instead of cash.
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December 11, 2016, 09:24:40 PM
 #1706

At this moment most of my daily transactions need cash to be carried out, so in my personal case I still prefer to use cash rather than bitcoins. Bitcoin is for ma a long term investment and I prefer to accumulate them when I can get some coins, and spend my existing cash before it lose its value because of its gradual devaluation.
You have to learn more about bitcoin so that you will be able to use bitcoin in your daily life instead of cash. After getting more knowledge about the usage of bitcoin you will find that it is much easy and convenient to use bitcoin for our needs instead of cash.

I don't think it is able to use now in daily needs we still need to withdraw or to do cash out before we can use it for foods and some necessities. Though we can use it now on paying electric and water bills,  ordering online for some stuffs, for eloading and transferring money. There is lots of services bitcoin can offer now so I think soon enough it can be for our daily needs also.
d@nte
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December 11, 2016, 09:32:10 PM
 #1707

Because having a bitcoin is much better than having a cash. Bitcoin has a great value. And there are many different ways to earn it. With bitcoin transactions are made more easier. You don't have to go to banks to deposit and withdraw money. Bitcoin also has no tax than cash.

The reason why i have bitcoins instead of cash is also because i can earn them while i cannot earn cash as i don't have any jobs in real world, i just earn bitcoins and i'm using them in my daily life by converting them to cash later on, cash is needed because bitcoin is not usable everywhere right now.
I have to say that the possibility to make profit is one of the best things with regard to Bitcoin, but it is not the only good thing. There are many factors that can be an incentive for users to adopt Bitcoin, such as those mentioned by the OP.

From my point of view, the best of this is the possibility of transferring and storing value in a decentralized manner, it's something new and very important for the economy and, of course, for the users.
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December 11, 2016, 11:37:24 PM
 #1708

I prefer cash at this point. More stable. I do think btc will increase in price but just as much there's a chance it could fuck up easily and crash too.
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December 12, 2016, 02:53:32 AM
 #1709

I prefer cash at this point. More stable. I do think btc will increase in price but just as much there's a chance it could fuck up easily and crash too.

I also think that cash is still better and also way more used, the bitcoin first need to be used more before we can say its better.
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December 12, 2016, 02:56:20 AM
 #1710

Its safer and also can be used globally all over the world with cash this is not the fact at all, with the bitcoin you can spend it anywhere on the world what is also its power!
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December 12, 2016, 08:53:21 AM
 #1711

I would prefer Bitcoins to cash as its a universal currency which makes accessing of most online services simple and fast with little to no KYC requirements that most of us dread  Wink

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rajasumi2
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December 12, 2016, 09:11:59 AM
 #1712

well i would  suggest u  to 80 percent cash and 20 percent bitcoins .because u never know that when the country of ours will totally ban bitcoins until and unless u have too many bitcoins u cant rely totally on them.kudoos Smiley

Bigdan
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December 12, 2016, 09:54:56 AM
 #1713

I rank bitcoins ahead of Cash only when I want to move money around easily( from one jurisdiction to another) or by trading with it( including gambling) but I quickly cash out as soon as the transaction is completed. In all this, it's safer when bitcoins is on a consistent rise. I'll be skeptical if it's difficult to predict the future so that's me you might have your own guidelines but my conditions are worth considering too.
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December 12, 2016, 10:14:42 AM
 #1714

I prefer cash at this point. More stable. I do think btc will increase in price but just as much there's a chance it could fuck up easily and crash too.

I also think that cash is still better and also way more used, the bitcoin first need to be used more before we can say its better.

Cash is better for your daily needs and if you are involved in some criminal activity. But Bitcoin may be preferable in the long run, especially if you going to save up a certain amount to make an important purchase. Inflation will be constantly cutting a dent in your wealth if you keep it as cash under the mattress, while with Bitcoin you may get decent profits just because of Bitcoin rising in price with time.
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December 12, 2016, 10:18:22 AM
 #1715

well i would  suggest u  to 80 percent cash and 20 percent bitcoins .because u never know that when the country of ours will totally ban bitcoins until and unless u have too many bitcoins u cant rely totally on them.kudoos Smiley

You should not really suggest such stupid shit to people or you will called out on it. Even if your country does 'try' and ban bitcoin, you think it will work? Around 50% of my savings are in bitcoin and I'm happy they are whatever happens.
brian_23452
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December 12, 2016, 12:39:37 PM
 #1716

it no longer news that people news that people are beginning to much about bitcoin in the past few years on like when you have to change your dollars before you can make use it unlike bitcoin were you can make your transaction from the convenient of your phone with out any interference from the government .
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December 12, 2016, 12:50:25 PM
 #1717

Bitcoin can be used world wide (assuming that there are merchants accept it) without the need for exchange in foreign currency
It's not inflationary fiat money to lose his value every day
If someone wants to rob me he will get nothing
sevendust777
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December 12, 2016, 02:15:33 PM
Last edit: December 12, 2016, 02:54:23 PM by sevendust777
 #1718

I prefer bitcoin to cash out because bitcoin has freedom...
The price is volatile, we may earn huge profit by using bitcoin in the long run...
Bitcoin is anonymous so it has many advantages that all users can benefits of bitcoin...

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agamasrori
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December 13, 2016, 04:56:43 AM
 #1719

I prefer bitcoin to cash out because bitcoin has freedom...
The price is volatile, we may earn huge profit by using bitcoin in the long run...
Bitcoin is anonymous so it has many advantages that all users can benefits of bitcoin...
Yes, however use bitcoin is more practicaly than use fiat, becouse we do not need change money. Also I really loves bitcoin becouse its make me avoid fiat inflation.


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praboso96
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December 13, 2016, 05:05:34 AM
 #1720

I prefer bitcoin to cash out because bitcoin has freedom...
The price is volatile, we may earn huge profit by using bitcoin in the long run...
Bitcoin is anonymous so it has many advantages that all users can benefits of bitcoin...
Yes, however use bitcoin is more practicaly than use fiat, becouse we do not need change money. Also I really loves bitcoin becouse its make me avoid fiat inflation.
I also Bitcoin attracted by the fact that it is not affected by inflation. In the future, he would replace Fiat
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