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Author Topic: Why have Bitcoin instead of cash?  (Read 240648 times)
mr_enoc
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November 10, 2017, 11:51:30 AM
 #3081

In btc i can earn a lot while i am holding it for a long time, while in cash i can't earn a profit even if i hold it in a decade or i can earn a small amount if i put my cash in bank.

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November 10, 2017, 12:04:59 PM
 #3082

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.

I really love bitcoin because it is very convenient to use, no need to bring some cash. I can also pay my bills thru bitcoin.

jeanpadel14
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November 10, 2017, 01:16:06 PM
 #3083

Bitcoin because more security if you are careful.And no one cant steal it to you like cash.And easy transaction.
mylyn2327
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November 10, 2017, 01:49:26 PM
 #3084

Bitcoin less risks and also avoid loosing it especially nowadays thieves are everywhere. They can steal your cash but not your bitcoin. In btc you can earn alot, you can also use btc for paying your bills, no need to go to payment center holding cash. In bitcoin you dont need to worry if you have high amount unlike in cash your worrying too much and its hard to carry it around. Also bitcoin now is useful in many transactions and it is also more secured.

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Bitcoinjheta
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November 10, 2017, 01:56:43 PM
 #3085

Bitcoin less risks and also avoid loosing it especially nowadays thieves are everywhere. They can steal your cash but not your bitcoin. In btc you can earn alot, you can also use btc for paying your bills, no need to go to payment center holding cash. In bitcoin you dont need to worry if you have high amount unlike in cash your worrying too much and its hard to carry it around. Also bitcoin now is useful in many transactions and it is also more secured.


Bitcoin has bigger value compared to physical money so even if you have big amount of bitcoin in your wallet you dont have to worry about your security because it is not physically visible to dirty minded people and also its more accessible especially if you will deal online transactions.

SugoiSenpai
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November 10, 2017, 02:01:11 PM
 #3086

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.
I Agree, Bitcoin is much better than Paper currency. Bitcoin is more convenient in so many aspects and what you have enumerated is also the reason why we must have bitcoins instead of cash. By the system of blockchain, governments become decentralized and prevent them from stealing the peoples money. Bitcoin is probably more fair than our Paper money today. Bitcoin also decreases the risk of crimes such as robbery from people, no one can steal if it is digital and not physical money. It also helps people to deliver their money worldwide without the hassle.

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November 10, 2017, 02:01:28 PM
 #3087

Because by holding bitcoin. We can have opportunity the money we invest in it can grow, unlike fiat. Bitcoin is the most practical way to earn money with complete control in own hands.

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November 10, 2017, 02:18:21 PM
 #3088

Because it is much easier to buy things with bitcoin from internet and limit the risks and your bitcoin's true value could increase day by day unlike cash  which will remain stable through time even if things get more expansive  .
Allura74
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November 10, 2017, 02:27:22 PM
 #3089

The word cash comes in mind its full of risk you cant carry cash easily from one place to another may b it robbed or lost so bit coin safe you from all these kind of risks and make easiness for you.it is expected that in future cash will be took place by bitcoin most developed countries central banks threat by bitcoin and thinking to buy bit coin secure the economy of the country.
Many bitcoin earners hold their bitcoin instead of converting it all to cash because of the abrupt rising of bitcoin value. And for that reason they hold their bitcoin to gain more profit soon, bitcoin value is oscillating and its favor in rising then it is a good sign for the future of that crypto currency, as many bitcoin earners hopes that years later the value of bitcoin  will double its value for the coming years.

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November 10, 2017, 02:45:27 PM
 #3090

The word that can answer your question is "Security". Bitcoin makes your savings secured since it is an online currency. No one can steal an online currency. It makes your transactions secured since there's no need to deposit/withdraw. You just pay online.
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November 10, 2017, 04:47:04 PM
 #3091

The word cash comes in mind its full of risk you cant carry cash easily from one place to another may b it robbed or lost so bit coin safe you from all these kind of risks and make easiness for you.it is expected that in future cash will be took place by bitcoin most developed countries central banks threat by bitcoin and thinking to buy bit coin secure the economy of the country.
Many bitcoin earners hold their bitcoin instead of converting it all to cash because of the abrupt rising of bitcoin value. And for that reason they hold their bitcoin to gain more profit soon, bitcoin value is oscillating and its favor in rising then it is a good sign for the future of that crypto currency, as many bitcoin earners hopes that years later the value of bitcoin  will double its value for the coming years.
Bitcoin is the easiest way to earn money.It is easy to regulate as it is operated online.It is also easy to handle than the paper money.Bitcoin wallet is used for receiving the payment.Physical money is not possible to be carried everywhere but bitcoin can be carried anywhere irrespective of whatever the amount is.Investing in bitcoin also gives huge returns.Holding bitcoin can lead to more money.But this is not possible in case of fiat currency.Bitcoin can also reduce the risk of theft as it is all internet regulated.
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November 10, 2017, 05:20:54 PM
 #3092

Bitcoin is better than cash because bitcoin value is appreciating over time while with cash you may only earn bank interest which is very low. Cool
Rollex
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November 10, 2017, 05:30:42 PM
 #3093

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.
Those are really good points that bitcoin have. Those features you have stated are also the reasons that my friends who have introduced bitcoin to me makes me to get encourage to use bitcoin rather than cash. With those features you have tackled, it was clearly implied that bitcoin usage is an innovative and modernized way of handling and accessing money in which you can make use of the modern technology to make it easier for you to get all things ready with just a several clicks away from your hand.

leyton11
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November 10, 2017, 06:56:00 PM
 #3094

The word cash comes in mind its full of risk you cant carry cash easily from one place to another may b it robbed or lost so bit coin safe you from all these kind of risks and make easiness for you.it is expected that in future cash will be took place by bitcoin most developed countries central banks threat by bitcoin and thinking to buy bit coin secure the economy of the country.
Many bitcoin earners hold their bitcoin instead of converting it all to cash because of the abrupt rising of bitcoin value. And for that reason they hold their bitcoin to gain more profit soon, bitcoin value is oscillating and its favor in rising then it is a good sign for the future of that crypto currency, as many bitcoin earners hopes that years later the value of bitcoin  will double its value for the coming years.
Bitcoin is the easiest way to earn money.It is easy to regulate as it is operated online.It is also easy to handle than the paper money.Bitcoin wallet is used for receiving the payment.Physical money is not possible to be carried everywhere but bitcoin can be carried anywhere irrespective of whatever the amount is.Investing in bitcoin also gives huge returns.Holding bitcoin can lead to more money.But this is not possible in case of fiat currency.Bitcoin can also reduce the risk of theft as it is all internet regulated.
No, if your computer has virus, you still have risk can stolen money by hacker, because hacker can access to your computer through malware, trojan and stolen your data, information about private key, exchange account ... from your history browser, cookie easily Wink

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November 10, 2017, 07:11:22 PM
 #3095

Bitcoin has a good value and very easy to use where you are and you can use around the world and through bitcoin we are able to earn money more in short of time because in simple holding of bitcoin in oyr wallet we have the possibility to earn money. Why? Its because bitcoin price is changeable.

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November 10, 2017, 07:21:49 PM
 #3096

Bitcoin has a decent esteem and simple to utilize where you are and you can use the world over and through bitcoin we can gain cash more in shy of time in light of the fact that in straightforward holding of bitcoin in over wallet we have the likelihood to procure cash.

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November 10, 2017, 07:58:28 PM
 #3097

Bitcoin has a good value and very easy to use where you are and you can use around the world and through bitcoin we are able to earn money more in short of time because in simple holding of bitcoin in oyr wallet we have the possibility to earn money. Why? Its because bitcoin price is changeable.
That's why I think it's better to earn money with Bitcoin and to debug them in real things. Perhaps even in real estate investment a comma as Bitcoin is really changeable.

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November 10, 2017, 08:14:55 PM
 #3098

Yes, bitcoins are good, but for now I prefer the currency more familiar to us. Despite the fact that for a long time I already have a decent account from the crypt of the currency
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November 11, 2017, 03:15:27 AM
 #3099

The word cash comes in mind its full of risk you cant carry cash easily from one place to another may b it robbed or lost so bit coin safe you from all these kind of risks and make easiness for you.it is expected that in future cash will be took place by bitcoin most developed countries central banks threat by bitcoin and thinking to buy bit coin secure the economy of the country.
Many bitcoin earners hold their bitcoin instead of converting it all to cash because of the abrupt rising of bitcoin value. And for that reason they hold their bitcoin to gain more profit soon, bitcoin value is oscillating and its favor in rising then it is a good sign for the future of that crypto currency, as many bitcoin earners hopes that years later the value of bitcoin  will double its value for the coming years.
Bitcoin is the easiest way to earn money.It is easy to regulate as it is operated online.It is also easy to handle than the paper money.Bitcoin wallet is used for receiving the payment.Physical money is not possible to be carried everywhere but bitcoin can be carried anywhere irrespective of whatever the amount is.Investing in bitcoin also gives huge returns.Holding bitcoin can lead to more money.But this is not possible in case of fiat currency.Bitcoin can also reduce the risk of theft as it is all internet regulated.
No, if your computer has virus, you still have risk can stolen money by hacker, because hacker can access to your computer through malware, trojan and stolen your data, information about private key, exchange account ... from your history browser, cookie easily Wink
That is the reason why we should have a cold storage or secure bitcoin wallet in order to prevent from being a victim of hacker. Bitcoin and other cryptocurrencies have its risk for being an online currency because there are still chances that there might be a hole for the hackers to bypass and hack the system so as long as you are putting your important things such as cryptocurrencies into a safe place like an offline wallet then you don't need to worry that much.

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November 11, 2017, 05:45:02 AM
 #3100

It is a good way to ear money. For I cant utilize it that fast. I need to cash it in a financial instinution very first prior to I'm able to have it. So laziness is paramount. Too lazy to pull away it. So much better put my excess profit bitcoin investment then let it gain something.t
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