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Author Topic: Why have Bitcoin instead of cash?  (Read 246121 times)
NEWGOODOUBLE
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June 02, 2017, 03:09:46 AM
 #2321

Other than of the way that bitcoin is extremely helpful for online business. It resembles profiting from cash! Exchanging bitcoin , altcoin and so on is without a doubt give you benefit. Bitcoin something other than a stocks or a cash , it's considered multifunction these days. Individuals continue coming to attempt bitcoin , and it's shows how great bitcoin instead of money!
Bitcoin is decentralized which means we can trusts it since nobody is watching us unlike using other payment system, in addition this will also attract investors because they already have an idea how it has increase in the past months, by knowing that we were able to regain the position again where we broke the all time high, their boost will increase and they will demand bitcoin through buying which will eventually push more the price again.
True, with decentralization you are free to do anything with bitcoin. All systems using decentralization fit digital use. Because it will be much more supportive than using cash
millgates
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June 02, 2017, 03:29:33 AM
 #2322

Other than of the way that bitcoin is extremely helpful for online business. It resembles profiting from cash! Exchanging bitcoin , altcoin and so on is without a doubt give you benefit. Bitcoin something other than a stocks or a cash , it's considered multifunction these days. Individuals continue coming to attempt bitcoin , and it's shows how great bitcoin instead of money!
But bitcoin still has a risk, the volatility of it will makes the online business get more dificulty to adjust the price. But for investors, bitcoin is good investment because they can use the volatility of it to gain profit.
PrinceCaspian
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June 02, 2017, 03:32:31 AM
 #2323

Besides, Bitcoin is an invisible gold and do not be restricted by the customs.
Yeah clearly this is the reason why i have and use bitcoins instead of using real cash in purchasing online.Its tax free unlike real cash that taxes may go up to 20% of the price of the product you bought when they undergo in the customs specially here in philippines



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Ronaldcoin2017
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June 02, 2017, 03:53:34 AM
 #2324

Bitcoin!  Because it is hustle free and it is regestered through your names and acount so it is verry safe to use even if your phone is lost..it has a password it means nothing to worry about.
Unlike the money. Using money is so hustle ang it has the capability to be prone to a crime like ruberry and hold up. Because money in this crazy world is so hot.and everybodynow a days died only for that paper called money.
On my own oppinion and observation bitcoin is safer than money itself. Something like having wallet online with password is verry fluent currently quite easy and nothing to worry for everybody cant get it through your phone....
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June 02, 2017, 04:04:34 AM
 #2325

Other than of the way that bitcoin is extremely helpful for online business. It resembles profiting from cash! Exchanging bitcoin , altcoin and so on is without a doubt give you benefit. Bitcoin something other than a stocks or a cash , it's considered multifunction these days. Individuals continue coming to attempt bitcoin , and it's shows how great bitcoin instead of money!
But bitcoin still has a risk, the volatility of it will makes the online business get more dificulty to adjust the price. But for investors, bitcoin is good investment because they can use the volatility of it to gain profit.

Risk is in everywhere not only in bitcoin, but about volatility, i think it is a major feature of bitcoin.
Mostly people make profit from all crypto currencies only because some time its price up and sometime its price down.
It is mostly interesting and pacifistic way to earn money from all crypto currencies.
But people prefer bitcoin instead of cash, because these people are using internet mostly and their business depend on online than they are using bitcoin for amount transactions.   









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zedsacs
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June 02, 2017, 07:51:05 AM
 #2326

I recently paid for some local tacos using Bitcoin. My friend who was unfamilar with Bitcoin thought it was strange, like I technically didn't pay for them or something. We got into discussing Bitcoin and one of the questions he asked me was:
"Why would you want Bitcoins instead of cash?". For a second I didn't know what to say; then I thought about it and here is what I came up with. Feel free to contribute to this.

1) More security (especially if you are careful).

2) Bitcoins are a potential investment, cash is not. Paper currency only really goes down in value, Bitcoins have a lot of potential to be worth more as time goes on.

3) Fast, worldwide transactions at your fingertips.

4) Similar to #3, but it's a universal currency. It's legal in most countries of the world and you don't need any kind of currency conversion to send money to people in a different country than your own.

5) Safe and sound. There are so many bitcoin wallets out there that offers the security and the privacy. Also you don't need to keep your money in your wallet but you can convert it into bitcoin. More safe. Tho it's risky, but if you're smart, then it would be good.

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yrreg ger
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June 02, 2017, 08:53:12 AM
 #2327


Bitcoin become popular in the future but we need also a cash. All people can't get a bitcoin, as you encounter the poor people they want a cash. Even the bitcoin has a advantage to cash/ have a benefits to every one, how about others that have no idea regarding the bitcoin? So they have no chance to buy their food.

Since bitcoin have a good benefits to every one(who use this) they need to step up and move on to fiat, cause in the future it has a great value. If we did not stop to save bitcoin I think in the future we become rich because of being not stable of price.
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June 02, 2017, 08:56:35 AM
 #2328


Bitcoin become popular in the future but we need also a cash. All people can't get a bitcoin, as you encounter the poor people they want a cash. Even the bitcoin has a advantage to cash/ have a benefits to every one, how about others that have no idea regarding the bitcoin? So they have no chance to buy their food.

Since bitcoin have a good benefits to every one(who use this) they need to step up and move on to fiat, cause in the future it has a great value. If we did not stop to save bitcoin I think in the future we become rich because of being not stable of price.
Absolutely true, we have bitcoin for investment purposes and cash for our daily expenses and not only poor people want a cash we are here in bitcoin to make an income and exchange it into fiat/cash but the difference is most of the poor person can not access bitcoin because they can not provide the main requirement of bitcoin which is gadgets and internet connection.
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June 02, 2017, 09:15:13 AM
 #2329

They have bitcoin instead of cash to educate more people in online banking. Using of bitcoin most of the people learn how to used internet to check and to review their balances thru internet. However, it big helps to the other to make easier their job, to less hustle, time and fair going to bank. All transactions can easily make using internet and computers. That's why bitcoin were gives help instead of cash.
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June 02, 2017, 03:51:01 PM
 #2330

You are safe from theft but still you know you have it. Like physical money you can have it in your hand, pocket or bag or anythingblike that. And it is fast
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June 02, 2017, 09:23:30 PM
 #2331

Well bitcoin is important bitcoin money can send to anywere in the world without that high amount of fee unlike cash you need to pay more fees even though it is close country or place.
Because bitcoin can be used to send money wherever its purpose with a very fast transaction time. And it can only be done with digital money. And can not use cash?
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June 02, 2017, 09:26:43 PM
 #2332

You are safe from theft but still you know you have it. Like physical money you can have it in your hand, pocket or bag or anythingblike that. And it is fast
Yeah there is a lot of people consider that their money is safe in bitcoin from theft and I personaly though that bitcoin is better instead of cash because our money is very safe and secure from theft in bitcoin and we know bitcoin increasing its price and our money automatically increasing in bitcoin when bitcoin price go to higher value.
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June 02, 2017, 10:05:18 PM
 #2333

Well bitcoin is important bitcoin money can send to anywere in the world without that high amount of fee unlike cash you need to pay more fees even though it is close country or place.
Yeah that's why bitcoin shaped digital because it is more simple faster, compared with cash ribet. For worldwide transactions, of course digital will take precedence
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June 03, 2017, 11:45:56 AM
 #2334

We all know that is bitcoin is more safer to store instead of cash because bitcoin is an invisible money that no one could steal your bitcoins from you and bitcoin is much easier to earn than cash. So for being safe i will pick bitcoin instead of cash.
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June 03, 2017, 11:55:50 AM
 #2335

Well bitcoin is important bitcoin money can send to anywere in the world without that high amount of fee unlike cash you need to pay more fees even though it is close country or place.
Yeah that's why bitcoin shaped digital because it is more simple faster, compared with cash ribet. For worldwide transactions, of course digital will take precedence


Even fiat transaction also completely turned to digital form to make the seemless transaction on internet banking. Bitcoin is actually work as payment and payment mode for even international transaction with the same charge. As control is turned to legal in bitcoin and people adopting bitcoin putting up fees more on bitcoin nowdays. Hope this fees should go down again.
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June 04, 2017, 01:28:36 AM
 #2336

Well bitcoin is important bitcoin money can send to anywere in the world without that high amount of fee unlike cash you need to pay more fees even though it is close country or place.
Yeah that's why bitcoin shaped digital because it is more simple faster, compared with cash ribet. For worldwide transactions, of course digital will take precedence


Even fiat transaction also completely turned to digital form to make the seemless transaction on internet banking. Bitcoin is actually work as payment and payment mode for even international transaction with the same charge. As control is turned to legal in bitcoin and people adopting bitcoin putting up fees more on bitcoin nowdays. Hope this fees should go down again.

There is difference on bitcoin and fiat transaction even if you say that fiat transaction is being transact online nowadays. Fiat is still managed by the banks where they can do something to your money because we know that they hold our fiats, while on bitcoin we are our own banks. we hold it on our own and no need to store it on the other banks as we have our own digital wallets where we can store our bitcoin. And on the fee's Both have fee's it is required in order to run the system. But for me bitcoin wins regarding the security of your money.
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June 04, 2017, 03:33:13 AM
 #2337

Because inside the bitcoin there is a great chance for you to earn substantial income in the future. Bitcoin is one of the reasons why it is better than cash because it is more transparent but safe and bitcoin can survive due to decentralization.
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June 04, 2017, 03:55:31 AM
 #2338

In bitcoin there's a chance for you to earn more. For example if you're holding 1btc chance are the price will get higher. While if you're having $1500 in your pocket or bank. The interest you will get is less compared on what you can earn in holding your 1btc in a year. A big difference when it comes in growing just by keeping it.
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June 04, 2017, 04:01:42 AM
 #2339

i hold bitcoin as my investment, with bitcoin i can mine them but not for cash i can not mine cash by machine
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June 04, 2017, 04:06:06 AM
 #2340

With Bitcoin you can pay online and even at some stores in some countries. But I still think that cash is easier to pay with and to gain. Cash just has been longer around and therefore more used.
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