Why have Bitcoin instead of cash?

[parobber]

Easy payment method then that of cash wallets and bank transfer. As bank transfer is only used for lumpsum amount to be paid for small amount anyone does not a bank transfer it will be very complicated to do this. As bitcoins can be paid in small amounts to anyone.

The youthful age favored bitcoins more than the cash since now a days nobody get a kick out of the chance to convey cash in their pockets since they realize that keeping cash could be hazardous that is the reason they utilize bitcoins to do shopping and to pay bills and significantly more in light of the fact that Bitcoin is protected and nobody could even touch Bitcoin.

While your points are valid and there are many more the real fact is that most bitcoin holders hold bitcoin over cash simply because the bitcoin price is increasing and they hope it will continue to do so. I would bet that a large number of bitcoin owners have never used bitcoin other than when they first purchased their coins with fiat.

[dificanovi]

bitcoin is not cash because bitcoin is only created in the form of digital money to make it easier for human to do all transaction. bitcoin has many advantages, one of which is safe from kidnapping or robbery.

[viper2zero]

because unlike the currency of a country which is regulated by a government, no one controls Bitcoin. You can use Bitcoin to buy things anonymously. Bitcoin is being used by many businesses, both online and offline, and accepting it as a form of payment for their products and services.

I will prefer bitcoin in place of cash because the rate of bitcoin is varying with time and mostly the rate of bitcoin is increase because of getting more and more customer while the cash you have no profit in your wallet and the other reason is that you can used bitcoin for various investment online.

[azguard]

bitcoin is not cash because bitcoin is only created in the form of digital money to make it easier for human to do all transaction. bitcoin has many advantages, one of which is safe from kidnapping or robbery.

How is not cash, you do not exchange bitcoin to fiat sometimes. For digital money i agree this could be very first so called "unit" that would be allowed to buy things online. Many retailers still consider this option but if comes to be set to be used.

[Nerman]

Unpopular decision here in the forum but as of the moment i still prefer fiat for the simple reason that everyone accepts fiat. Do not get me wrong i have some altcoins and bitcoins but i do treat them as an investment. I hope one day  bitcoin will ne  accepted globally as an actual currency.

[ajiejot]

Yes, there are many different in bitcoin to cash. Bitcoin because it's universal, you can use it with different services. It doesn't need physical like cash, you can bring it anywhere and access it anywhere, that's why.

[mikel00]

bitcoin is more have security than cash i prefer bitcoin for safety purposes

[tbterryboy]

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.

Exactly! The one thing in which paper money can help you is spending of that money in order to have things which you do need in your life. There is nothing profitable which you can get in return by having cash in your pocket. On the other hand, having bitcoin actually means that you are continuously increasing the amount of money which you are having. Increase in the market price of bitcoin will result in more profit.

[Mary ann Labor]

Because bitcoin is more secure than cash, then you can use it anywhere as you can cash it out  anytime. Then what's good is that the price of BTC is continuously increasing.

[azguard]

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.

Exactly! The one thing in which paper money can help you is spending of that money in order to have things which you do need in your life. There is nothing profitable which you can get in return by having cash in your pocket. On the other hand, having bitcoin actually means that you are continuously increasing the amount of money which you are having. Increase in the market price of bitcoin will result in more profit.

Simple explanation but good one. How ever having more bitcoin dont need to be profit every time but now and for the future time its gonna be cuz bitcoin is not having any time of decreasing price for long time.

Think this is something that we all waited for long time to happen to see bitcoin in high price and to enjoy.

[0kechuku]

This will be a extension individuals official publish. Choose bitcoin because it can alter you from bad to wealthy individual. Bitcoin includes a big advantages on our local currency because we cannot generate revenue on keeping trigger its cost is't increase its worth quickly unlike bitcoin it's increase its cost so rapidly.n

[superjeyy]

Very good points. I'd like to add:

5) Banks can't steal it from you. You may think they can't steal cash either; that's not true. With central banks printing money by the hundreds of billions, and commercial banks creating money as debt like there's no tomorrow, they're effectively lowering the relative worth of your money in their advantage. Remember: stealing 5% off your deposit, or increasing the total money supply by 5% by creating it out of thin air, has essentially the same effect.

I could not agree more! It's the financial security you enjoy through Bitcoin that makes you prefer it over cash. I would like to share how there was a time when I thought banks were the safest place to put your money or other valuable things. Little did I know is that banks are making all these hidden transactions which doesn't allow your money to grow like what they promised. At least here in Bitcoin, you have full control over your money; and despite its volatility, you can assure that Bitcoin will bounce back over time and make up for what you may have lost.

[_Dawid_]

1) Defninitely if you will take care about yourself you can be much more anonymous. So more secured.

2) Bitcoins are a potential investment, cash also potential but you need much more knowledge experience etc. here you only buy and wait. Usually you don't hav to trade oonly keep. Paper currency used to goes down in value and sometimes a little bit higher, comparing to another currency(FIAT).

3) Fast, worldwide transactions with smaller transaction fee(i don't say about btc).

4) It is not legal and not illegal usually in my opinion. Goverments are thinking about crypto so we don't know how will it end.

[Rufsilf]

It is very easy to tell. If you will have bitcoin instead of cash then you can make more cash and have a lot of that at the end of the day because the value of bitcoin is keep on increasing and it gives you assurance that you will make more cash while if you will stay in cash then your cash will not grow unless you do something with it.

[Mel0nSmasher]

That's why individuals uses money and never the bitcoin since there are a number of things you cannot always buyjus using the coin. You can buytevery thing with money no doubt. Later on you will see a pointthat we are able to buy something with cash even just in stores.

[IanRidgwell]

That's why individuals uses money and never the bitcoin since there are a number of things you cannot always buyjus using the coin. You can buytevery thing with money no doubt. Later on you will see a pointthat we are able to buy something with cash even just in stores.

Of course there are many reason that make bitcoin more important than cash and people spend their money or cash to earn bitcoin, the reason why people have bitcoin instead of cash because bitcoin is the popular cryptocurrency in the world and also the price of bitcoin is still increasing means that people use bitcoin on the right way that’s why the price of bitcoin increases to the next level so having bitcoin is best for future.

[Trivelius]

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.

Exactly! The one thing in which paper money can help you is spending of that money in order to have things which you do need in your life. There is nothing profitable which you can get in return by having cash in your pocket. On the other hand, having bitcoin actually means that you are continuously increasing the amount of money which you are having. Increase in the market price of bitcoin will result in more profit.

Simple explanation but good one. How ever having more bitcoin dont need to be profit every time but now and for the future time its gonna be cuz bitcoin is not having any time of decreasing price for long time.

Think this is something that we all waited for long time to happen to see bitcoin in high price and to enjoy.

Bitcoin is the popular and useful currency in the world, having bitcoin now shows that you can do anything and can change you future that’s why having bitcoin is like having future in your own hands. We use cash for some practical’s works while bitcoin is useful not only in practical works but also in online shopping etc and these are the things cash can’t do.

[josephpogi]

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.

Bitcoin is better than cash/fiatmoney because the value of bitcoin is increasing while the value of cash/fiatmoney is stable but you need to take the high risk when you hold your bitcoins because no one can predict when the time that the bitcoin will destroy.

[MommyElsa]

I love bitcoins as a form of investment and income but there are many limitations in using it that is why i also love cash because cash doesn't have any limitations in any establishments.

[Jupeter]

For me we should have bitcoin instead of cash because the value or price of bitcoin is still increasing and increasing, and bitcoin is more better than cash  because bitcoin is more safe, because when we have cash on our hand it was easy to waste compare when your having a bitcoin.