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Author Topic: Why have Bitcoin instead of cash?  (Read 246165 times)
Rebisco
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August 21, 2017, 05:56:17 AM
 #2741

Bitcoin and cash are certainly different things, and I think bitcoin is broader and easier to use, which makes me prefer bitcoin for being a very profitable investment alternative in the future.
Yeah bitcoin is very profitable. I think the reason why many people prefer to use bitcoin than cash is it is decentralized. The government can't control and handle the bitcoin.
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August 21, 2017, 10:25:28 AM
 #2742

I cannot agree more on your reasoning, bitcoin is really a good means of investment because of its potential to get high in value. But the same way it’s value goes up it has also the potential to get crash. Bitcoin is volatile which means its unpredictable and unstable. Bitcoin is really good to use locally and globally. It has also no way the government go interfere, they can’t apply you tax with your earning. Unlike cash, bitcoin can’t be robbed from you, this make it more secured. Nevertheless, we can’t alter the use of paper cash with bitcoin because it’s easier for transaction. The best thing to do is use bitcoin and cash at the same time.
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August 21, 2017, 02:35:14 PM
 #2743



Of course bitcoin is more preferred than cash and i would have given similar answers to anyone unfamiliar upon their question.

A most menial service among banks is they take longer time to process transfer which looks like they do it manually.

One another impotency for bank cash reveiver is fear of recersal of transaction which bitcoin network does not permit.




Well said about banking system which has more cons than bitcoin network. Im follower of bitcoin too and would prefer bitcoin for the reason mentioned by you. Moreover, bitcoin has ability to checksum everything automatically and you don't have to do anything rather than just clicking the send button. The irreversible transaction gives more security because you are sure about the unidirectional transaction and it won't lost anywhere with full traceable network. One up for the bitcoin always as compared to other ways of transaction.


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August 21, 2017, 02:39:50 PM
 #2744



Of course bitcoin is more preferred than cash and i would have given similar answers to anyone unfamiliar upon their question.

A most menial service among banks is they take longer time to process transfer which looks like they do it manually.

One another impotency for bank cash reveiver is fear of recersal of transaction which bitcoin network does not permit.




Well said about banking system which has more cons than bitcoin network. Im follower of bitcoin too and would prefer bitcoin for the reason mentioned by you. Moreover, bitcoin has ability to checksum everything automatically and you don't have to do anything rather than just clicking the send button. The irreversible transaction gives more security because you are sure about the unidirectional transaction and it won't lost anywhere with full traceable network. One up for the bitcoin always as compared to other ways of transaction.



Irreversible transactions is great but there are really some disadvantage and advantage on this one but most people would really like on this thing on which once you do make send a certain amount into another point it wont really be lost and would directly credit in without any involvement from outer parties.With just in a matter of few clicks you would able to make transactions with less fees.

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August 21, 2017, 02:44:16 PM
 #2745

bitcoin is the best cryptocurrency that we can have as of this generation we didn't know what will happen in the nextyear it can make you rich unlike cash the value of it is just average, bitcoin can use in the internet to make transactions, that cash can't do easily.

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August 21, 2017, 04:30:03 PM
 #2746

The way I see it, Bitcoin gives us the true freedom of currency. We are not dependent upon any system to use our money. So it basically is and always will be BTCFREEDOMBTC

Yes I agree to you sir. Bitcoin gives as freedom. Bitcoin is the best among other cryptocurrency making it a top 1. Bitcoin is not legal, it is not under the government therefore there are smaller chances that it will steal it from you.

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August 21, 2017, 08:55:45 PM
 #2747

Bitcoin and cash are certainly different things, and I think bitcoin is broader and easier to use, which makes me prefer bitcoin for being a very profitable investment alternative in the future.
Yeah bitcoin is very profitable. I think the reason why many people prefer to use bitcoin than cash is it is decentralized. The government can't control and handle the bitcoin.
Yes I also think that, decentralized management of bitcoin make it anonymous from government and because of that government can’t be able to declare tax on our income from bitcoin. This is the most loving feature of bitcoin. I’m so afraid about when bitcoin become centralized, it may result in the decrease of the income and make its users to leave bitcoin.
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August 21, 2017, 09:12:10 PM
 #2748

I think these points are all very good, but one of them makes Bitcoin bad to use as cash. If a currency is constantly deflationary and gaining in value, then no one will want to spend it. Everyone would just hold and speculate instead. That's why cash exists and why the government keeps printing money.
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August 21, 2017, 09:55:23 PM
 #2749

The way I see it, Bitcoin gives us the true freedom of currency. We are not dependent upon any system to use our money. So it basically is and always will be BTCFREEDOMBTC

Correct we have our freedom on bitcoin depend on how we use it, we can save it and spend it, today all things are getting paid by a system in an app on our cellphones. we can bring it going somewhere paying it by a transfer. And you can save it rather than spend it. While in cash you have in your wallet yet you are eager to spend it. Not in bit coin you'll have second though on spending it.
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August 22, 2017, 08:17:07 PM
 #2750

bitcoin is the best cryptocurrency that we can have as of this generation we didn't know what will happen in the nextyear it can make you rich unlike cash the value of it is just average, bitcoin can use in the internet to make transactions, that cash can't do easily.
Cash can’t serve the way bitcoins are doing. For faster international transactions, digital currencies are better and faster. Cash can be used when two people are in front of each other or are near to one another. Bitcoins further can be used as an investments while the case is opposite with cash.
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August 23, 2017, 01:00:22 AM
 #2751

bitcoin is the best cryptocurrency that we can have as of this generation we didn't know what will happen in the nextyear it can make you rich unlike cash the value of it is just average, bitcoin can use in the internet to make transactions, that cash can't do easily.
Cash can’t serve the way bitcoins are doing. For faster international transactions, digital currencies are better and faster. Cash can be used when two people are in front of each other or are near to one another. Bitcoins further can be used as an investments while the case is opposite with cash.
And bitcoin can't do what cash can, stop comparing, they both have different benefits and we are using cash for a long period of people but we never did complain because we get the convenience we are looking. Still this world is relying on cash, majority of the people are using cash and even those who are using bitcoin are still dependent on cash when they cash out.

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August 23, 2017, 07:20:24 PM
 #2752

If we want to transfer money then bitcoin is the easiest way to transfer money.moreover bitcoin also safe more than carrying cash.bitcoin is also developing at a very fast rate and can be considered as a currency too.

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August 23, 2017, 07:43:22 PM
 #2753

If we want to transfer money then bitcoin is the easiest way to transfer money.moreover bitcoin also safe more than carrying cash.bitcoin is also developing at a very fast rate and can be considered as a currency too.
Bitcoin is surely a currency right now. Many people are supporting bitcoin and considering bitcoin as a true currency. They use bitcoin to buy many things both on the internet and in the real life. With bitcoin, people caan buy thing oversea faster than ever

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August 23, 2017, 07:58:11 PM
 #2754

Bitcoin gives you more chance to become a millionaire. Cash can never give you that chance. The amount of cash you hold can not increase after a period of time. That is why people prefer bitcoin Wink Bitcoin gives many hopes to the people

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August 25, 2017, 02:51:43 PM
 #2755

Bitcoin instead of cash because bitcoin have many uses, like its fastest in transactions online. Bitcoin gives opportunity to invest and has a value. Having bitcoin is a good idea now that someday we have a savings in the future. Bitcoin we have a chance to earn easy and we have more knowledge and idea that we can learn. Because bitcoin is most trusted, safe and secure than cash. Its also possible to earn a profit and the price of bitcoin is increasing.
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August 25, 2017, 02:58:51 PM
 #2756

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.

lmao buying tacos with bitcoin is the best thing ive heard lol , bitcoin may have pros and cons but it have more pros like you can use it anywhere , didnt require any specific things , hassle free and decentralized , now for the cons , right now we saw many hackers that already breach into blockchain security , so better use 2fa and other safely things and hardware wallet

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August 25, 2017, 03:09:42 PM
 #2757

Bitcoin instead of cash because bitcoin have many uses, like its fastest in transactions online. Bitcoin gives opportunity to invest and has a value. Having bitcoin is a good idea now that someday we have a savings in the future. Bitcoin we have a chance to earn easy and we have more knowledge and idea that we can learn. Because bitcoin is most trusted, safe and secure than cash. Its also possible to earn a profit and the price of bitcoin is increasing.
I wonder how it bitcoin makes it easy to make money? I don't believe it. If you mean your income due to the increase in prices is a temporary increase. I don't think it's earnings and it will not last forever. To have bitcoin need a lot of work.

 
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man1996
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August 25, 2017, 06:59:32 PM
 #2758


I will choose bitcoin as my investments are only limited to bitcoin .Moreover bitcoin is also safe and secure.cash can get lost but bitcoin cannot so that is why i choose bitcoin
I

corroze
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August 25, 2017, 07:41:41 PM
 #2759

I think because bitcoin is more profitable, with bitcoin we are able to make money and earn decent income to meet the cost of our lives.
BaraxLo
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August 26, 2017, 08:35:07 PM
 #2760

Bitcoin instead of cash because bitcoin have many uses, like its fastest in transactions online. Bitcoin gives opportunity to invest and has a value. Having bitcoin is a good idea now that someday we have a savings in the future. Bitcoin we have a chance to earn easy and we have more knowledge and idea that we can learn. Because bitcoin is most trusted, safe and secure than cash. Its also possible to earn a profit and the price of bitcoin is increasing.
I wonder how it bitcoin makes it easy to make money? I don't believe it. If you mean your income due to the increase in prices is a temporary increase. I don't think it's earnings and it will not last forever. To have bitcoin need a lot of work.
People like you, I meet every day. I try to keep convincing them to use bitcoin and then my talk end with words that ok do as you like. Any ways I would like to tell you that if you think that bitcoin cannot change life then you know nothing about it. If you can have a safer way to keep your earning where there will no tax charging. Your identity will always be hidden then how can you call it a bad currency. Being safe and having no tax charges is the reason why most of people choose bitcoin rather than money.
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