Why have Bitcoin instead of cash?

[lol3c]

Value of fiat/paper money is always decrease becouse government can print it anytime they want. But bitcoin prise is always rise becouse the damand will alway higher than the supply. I think price is way have bitcoin instead of cash.

That is called inflation. Fiat is created for inflation. The longer time you hold your money, the less valuable It can be. Bitcoin is totally different since every four years, the halving occurs. This makes Bitcoin prices increase so that people love to use Bitcoin instead of cash

[Positid]

Value of fiat/paper money is always decrease becouse government can print it anytime they want. But bitcoin prise is always rise becouse the damand will alway higher than the supply. I think price is way have bitcoin instead of cash.

That is called inflation. Fiat is created for inflation. The longer time you hold your money, the less valuable It can be. Bitcoin is totally different since every four years, the halving occurs. This makes Bitcoin prices increase so that people love to use Bitcoin instead of cash

Therefore it's not good to consider fiat as investment, it should be considered a money that we need to spend in our daily expenses in life but when you think of holding, bitcoin is always the better choice. When fiat is devaluing people tend to trust their money with bitcoin.

[transabox]

Value of fiat/paper money is always decrease becouse government can print it anytime they want. But bitcoin prise is always rise becouse the damand will alway higher than the supply. I think price is way have bitcoin instead of cash.

That is called inflation. Fiat is created for inflation. The longer time you hold your money, the less valuable It can be. Bitcoin is totally different since every four years, the halving occurs. This makes Bitcoin prices increase so that people love to use Bitcoin instead of cash

Therefore it's not good to consider fiat as investment, it should be considered a money that we need to spend in our daily expenses in life but when you think of holding, bitcoin is always the better choice. When fiat is devaluing people tend to trust their money with bitcoin.

you're right. Fiat is impaired and controlled by the government - are two of his negative traits. Bitcoin is free of government decrees. That is why I try to keep their savings in Bitcoins only

[Kolder]

Value of fiat/paper money is always decrease becouse government can print it anytime they want. But bitcoin prise is always rise becouse the damand will alway higher than the supply. I think price is way have bitcoin instead of cash.

That is called inflation. Fiat is created for inflation. The longer time you hold your money, the less valuable It can be. Bitcoin is totally different since every four years, the halving occurs. This makes Bitcoin prices increase so that people love to use Bitcoin instead of cash

Therefore it's not good to consider fiat as investment, it should be considered a money that we need to spend in our daily expenses in life but when you think of holding, bitcoin is always the better choice. When fiat is devaluing people tend to trust their money with bitcoin.

Yes it is the best choice for its value increasing just by saving or holding it on our wallet, while in having cash it just there as is and there were times we can't stop ourselves to buy things we don't even need because we know we have cash.

[South Park]

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

This seems to be a nice idea your turning your cash into bitcoin and start growing them into real profit not just profit but also you gaining experience which helps you on your daily living. I don't mind bitcoin will totally banned here in my country

He is thinking for to invest only 20 percent of his money in bitcoin which is really a very low amount to invest in bitcoin he at least need to invest 50% of his money so that he get a good profit from bitcoin and if it got banned in your country then no one can steal your bitcoins from you but it will be with you in your wallet.

20% can be a lot or not much depending in your capital ready for investment, besides if someone feels comfortable investing only 20% of his money in bitcoin that is fine since it is better than not investing at all.

Even if you invest 1% of your money now, it will be dominant in a few decades.

I agree even just 1% it is already big enough as we can see that bitcoin is doing great and keeps on increasing as the day goes by. For me, as long as you are believing this crypto currency then you can invest any amount and any percentage that can make you satisfy. Because that will help already the adoption of bitcoin.

How much money are we talking about?. 1% is too little, and being overconfident
might lead to your loss. bitcoin is increasing right now, but always remember that bitcoin
had drawbacks from the past, being a little cautious is not a bad idea.

If being cautious is what you want then 1% is fine even if the profits are not going to be spectacular the possible loses are going to be very minor too, but if you want big profits at some point you will need to take a risk with your money since that is the way it works.

[Ziskinberg]

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

This seems to be a nice idea your turning your cash into bitcoin and start growing them into real profit not just profit but also you gaining experience which helps you on your daily living. I don't mind bitcoin will totally banned here in my country

He is thinking for to invest only 20 percent of his money in bitcoin which is really a very low amount to invest in bitcoin he at least need to invest 50% of his money so that he get a good profit from bitcoin and if it got banned in your country then no one can steal your bitcoins from you but it will be with you in your wallet.

20% can be a lot or not much depending in your capital ready for investment, besides if someone feels comfortable investing only 20% of his money in bitcoin that is fine since it is better than not investing at all.

Even if you invest 1% of your money now, it will be dominant in a few decades.

I agree even just 1% it is already big enough as we can see that bitcoin is doing great and keeps on increasing as the day goes by. For me, as long as you are believing this crypto currency then you can invest any amount and any percentage that can make you satisfy. Because that will help already the adoption of bitcoin.

How much money are we talking about?. 1% is too little, and being overconfident
might lead to your loss. bitcoin is increasing right now, but always remember that bitcoin
had drawbacks from the past, being a little cautious is not a bad idea.

If being cautious is what you want then 1% is fine even if the profits are not going to be spectacular the possible loses are going to be very minor too, but if you want big profits at some point you will need to take a risk with your money since that is the way it works.

Having 1% is already a profit, if that will be done consistently it will already give you a better income in gambling and for professional gamblers, that is good enough having a good amount of bankroll. They are even happy to have a return of 50% growth of their bankroll in a year, how much more a consistent 1% income.

[neonshium]

The reply seems simple to me in the case that you have some extra money and holding it in some box under your bed. Then better to chose bitcoin to hold your money in it, because the price for it is growing up as crazy and for cash it only falls.

this logic surely apply at the current moment. as bitcoin price increasing. but bitcoin is a volatile currency. even bitcoin is the most volatile currency of the world. right now it is increasing but you can't guarantee it will increase always or don't fall. bitcoin price also can fall.
so if your reason of having bitcoin is just because of bitcoin price than you may regret. but besides that bitcoin have a lot of features and reasons to have bitcoin instead of cash.

[Bestwishes745]

yeah trading is very much profitable nowadays and a lot of people are earning bitcoin in huge amount through trading and people really like to online jobs and they are earning their profit through trading and other activity .

Trading is profitable but not for all of the traders, I believe with a huge number of traders only few of them are profitable, it is a risky venture that requires deep knowledge and proper time management to succeed and most of us cannot do that as we have different focus in life. I think we are too comfortable with having a job since it has no risk than risking our money to make money in trading.

I will say that if a person is trader then trade is profitable for him and he will earn good income but if a person is not a trader and do not have skills of trading and just by looking at others he came here to trade then for him trading is not profitable and he will not be able to get any income from his trading activities.

[bajing]

yeah trading is very much profitable nowadays and a lot of people are earning bitcoin in huge amount through trading and people really like to online jobs and they are earning their profit through trading and other activity .

Trading is profitable but not for all of the traders, I believe with a huge number of traders only few of them are profitable, it is a risky venture that requires deep knowledge and proper time management to succeed and most of us cannot do that as we have different focus in life. I think we are too comfortable with having a job since it has no risk than risking our money to make money in trading.

I will say that if a person is trader then trade is profitable for him and he will earn good income but if a person is not a trader and do not have skills of trading and just by looking at others he came here to trade then for him trading is not profitable and he will not be able to get any income from his trading activities.

I think not only skills that's necessary but knowledge is essential in the trade and also you must smart when find the information its a very important factor for you can make a decision to sell or buy a bitcoin the event of price movement.

[rajasumi3]

It is better to have bitcoins rather than cash as the value of cash will remain the same .on the other hand the price of bitcoins will go on increasing till it reaches a certain threshold.

[tee-rex]

It is better to have bitcoins rather than cash as the value of cash will remain the same .on the other hand the price of bitcoins will go on increasing till it reaches a certain threshold.

The number of bitcoins will remain the same as the amount of fiat. It it the price of Bitcoin in fiat that may rise, therefore you will be able to sell your coins and get more profit. But the price can just as well go down, and if you sell your bitcoins at a loss, you will end up with less bitcoins than before. Therefore, it is better to have bitcoins rather than cash only if Bitcoin price is rising, and not because the value of cash remains the same.

[RealPhotoshoper]

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.

Cash maybe a currency of a single country that you possess which can be in the form of paper or coin, could be used only for a single place most probably with the same value at the time of getting it till spending. While a bitcoin have the potential to be spend internationally with the opportunity of growing value from the time you buy till spending it.

That's right, but the problem is how to attract more people to come and use bitcoin?
I personally know bitcoin because i spend most of my time in workplace online , then i go looking for something new and found bitcoin.
I feel comfortable to do business online and make transaction using bitcoin as it is easier rather than complicated cash.

[tee-rex]

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.

Cash maybe a currency of a single country that you possess which can be in the form of paper or coin, could be used only for a single place most probably with the same value at the time of getting it till spending. While a bitcoin have the potential to be spend internationally with the opportunity of growing value from the time you buy till spending it.

That's right, but the problem is how to attract more people to come and use bitcoin?
I personally know bitcoin because i spend most of my time in workplace online , then i go looking for something new and found bitcoin.
I feel comfortable to do business online and make transaction using bitcoin as it is easier rather than complicated cash.

I don't think we need to do something special to attract more people to come and use bitcoin. If Bitcoin price keeps growing without heavy dumps, people will get attracted to Bitcoin on the their own because they will see how it outperforms other assets in the long haul. They will see the benefits of using it as a long term store of value as well as a safe haven and start keeping their wealth with bitcoins.

[FaucetRank.com]

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.

Cash maybe a currency of a single country that you possess which can be in the form of paper or coin, could be used only for a single place most probably with the same value at the time of getting it till spending. While a bitcoin have the potential to be spend internationally with the opportunity of growing value from the time you buy till spending it.

That's right, but the problem is how to attract more people to come and use bitcoin?
I personally know bitcoin because i spend most of my time in workplace online , then i go looking for something new and found bitcoin.
I feel comfortable to do business online and make transaction using bitcoin as it is easier rather than complicated cash.

I don't think we need to do something special to attract more people to come and use bitcoin. If Bitcoin price keeps growing without heavy dumps, people will get attracted to Bitcoin on the their own because they will see how it outperforms other assets in the long haul. They will see the benefits of using it as a long term store of value as well as a safe haven and start keeping their wealth with bitcoins.

Bitcoin publicity or education also required in public. I think there should be a tv channel regarding Bitcoin on this channel only bitcoin related news is shown  and Bitcoin related serials and movies should be shown. 

[Mastsetad]

Bitcoin publicity or education also required in public. I think there should be a tv channel regarding Bitcoin on this channel only bitcoin related news is shown  and Bitcoin related serials and movies should be shown. 

It would be a great publicity for bitcoin but who will do that? Who will be the investor for that? Who will take all the responsibilities as everyone doing anything has a purpose of earning money behind it and bitcoin is yet not a that much well-known currency in the world that could get too much attention just after start.

[anonbit992]

We should have bitcoin for a long term investment. It is like having Gold. You are able to diversify your wealth. Having cash as a long term investment will be a foolish idea as purchasing power of cash keeps falling every year due to the inflation. But Bitcoin has a possibility to appreciate in value.

[tee-rex]

Bitcoin publicity or education also required in public. I think there should be a tv channel regarding Bitcoin on this channel only bitcoin related news is shown  and Bitcoin related serials and movies should be shown. 

It would be a great publicity for bitcoin but who will do that? Who will be the investor for that? Who will take all the responsibilities as everyone doing anything has a purpose of earning money behind it and bitcoin is yet not a that much well-known currency in the world that could get too much attention just after start.

Bitcoin service providers which are publicly offering their services are advertising for Bitcoin as well. If these services prove to be useful and their providers don't scam, Bitcoin will get enough publicity through them. Because they are interested in the success of their services, and this success is inseparably linked to the success of Bitcoin, it could be said that we are already getting free advertising from them.

[carlerha]

yeah trading is very much profitable nowadays and a lot of people are earning bitcoin in huge amount through trading and people really like to online jobs and they are earning their profit through trading and other activity .

Trading is profitable but not for all of the traders, I believe with a huge number of traders only few of them are profitable, it is a risky venture that requires deep knowledge and proper time management to succeed and most of us cannot do that as we have different focus in life. I think we are too comfortable with having a job since it has no risk than risking our money to make money in trading.

I will say that if a person is trader then trade is profitable for him and he will earn good income but if a person is not a trader and do not have skills of trading and just by looking at others he came here to trade then for him trading is not profitable and he will not be able to get any income from his trading activities.

I think not only skills that's necessary but knowledge is essential in the trade and also you must smart when find the information its a very important factor for you can make a decision to sell or buy a bitcoin the event of price movement.

yes i think knowledge and good information about the coin in which you are going to invest your assets is too much important, you need to remain yourself update from the market and must know every change that occur int he world of currencies and only then you can really earn money from trading

[Babayega31]

yeah trading is very much profitable nowadays and a lot of people are earning bitcoin in huge amount through trading and people really like to online jobs and they are earning their profit through trading and other activity .

Trading is profitable but not for all of the traders, I believe with a huge number of traders only few of them are profitable, it is a risky venture that requires deep knowledge and proper time management to succeed and most of us cannot do that as we have different focus in life. I think we are too comfortable with having a job since it has no risk than risking our money to make money in trading.

I will say that if a person is trader then trade is profitable for him and he will earn good income but if a person is not a trader and do not have skills of trading and just by looking at others he came here to trade then for him trading is not profitable and he will not be able to get any income from his trading activities.

I think not only skills that's necessary but knowledge is essential in the trade and also you must smart when find the information its a very important factor for you can make a decision to sell or buy a bitcoin the event of price movement.

yes i think knowledge and good information about the coin in which you are going to invest your assets is too much important, you need to remain yourself update from the market and must know every change that occur int he world of currencies and only then you can really earn money from trading

I prefer using bitcoin rather than cash because it has so fast transaction like paying bills online and loading mobile numbers for mobile phones. These bitcoin transactions is really amazing and it encourages people around the wold to make use of internet opportunity to adopt more with bitcoin unlike fiat currency digital currency is more safer than fiat because you cannot hold it in hand and its in the internet network circulating around the world and all transaction is made online compared to cash of fiat most transaction were done in physical activities.

[tabas]

We should have bitcoin for a long term investment. It is like having Gold. You are able to diversify your wealth. Having cash as a long term investment will be a foolish idea as purchasing power of cash keeps falling every year due to the inflation. But Bitcoin has a possibility to appreciate in value.

Cash is not even an investment just to make it clear. It is a type of paper that is used for purchasing goods,services and as well as the investments that you wanted to enter in short it is money. And even though there is inflation yearly, it doesn't mean that you are not going to rely on cash, are you sure that you are totally into bitcoins even if most of the people and investments in your country are still in cash?