TitanGEL
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November 29, 2017, 05:36:11 AM |
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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.
There are many reasons why the bitcoin is created even though there are Fiat money. There are many transaction that the bitcoin can do and the Fiat can't do. Bitcoin also created many jobs for the people who doesn't have jobs.
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setupbounds
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November 29, 2017, 05:55:13 AM |
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why there is no cash because it is ready for cash with each other in the world. while bitcoin is fiat money used for online services / online payments. but bitcoins can be converted into cash in their respective countries. Because of that bitcoin currency can be tried the world, we can have it with the knowledge of development pertambangngan nya.disana we will produce many btc.semakin balances btc, the price can also be higher. But it all took a long time for some btc.
If we make a comparison in between paper money and that of bitcoin, then we’ll get to know that it is none other than bitcoin which we can not only use to meet our daily expenditures but also we can earn a very good amount of money as well. The market price of bitcoin is also a great factor which is gaining the attention of number of people and that is why they are investing in bitcoin.
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futile-resistance
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November 29, 2017, 12:15:34 PM |
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Simple bitcoin price is moving high and many see this as good opportunity to increase savings or retirement fund.
Digital currency is the future of money. I keep on repeating this as it is going to happen one day. Just because we are ignorant of what our governments are doing and all that tech companies, doesn't mean they will stop doing their jobs. In the world where everything will be in digital form and all of our moves will be recorded, it will be safe to have something like Bitcoin that is not controlled by anyone.
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afflicti0n
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December 02, 2017, 01:56:12 AM |
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thereare lenty of ico it is hard to decide on the good ones.nearly everyone does an ico.... p
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Bella Thorne
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December 02, 2017, 02:03:57 AM |
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Because it rises in value daily and cannot counterfeit unlike fiat currency.. Well i agree with you, we all know that the value or the price of bitcoin is totally incrrasing very high, right now the value of it is $10980 just wow, and i am believing that when we have bitcoins and if we will just hold it maybe for two years i think the value of it will rise even $100k and in that way we can make money from it.
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lazaruseffect11
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December 02, 2017, 02:35:43 AM |
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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.
It is true that bitcoin has better features than fiat money or cash. It is more profitable and easier to use as well as send and receive money all over the world. But i think, you still need to have money even though bitcoin is better than that. It is because there are some retailers that do not accept bitcoin as a way of payment, instead you need to pay them cash or you will not be able to buy that certain food or thing.
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robotroad
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December 02, 2017, 12:19:48 PM |
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Well, for one thing, cash is easily manipulated especially with the economy. Bitcoin is long standing, incredibly secured and it is equally as useful like the fiat money.
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hageman
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December 03, 2017, 05:32:57 AM |
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You ae abe t lot you money or it cansbe stolen.It will never happen with bitcoins couse it truly really secure.rrlo
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awawo
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December 03, 2017, 05:56:11 AM |
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You have said it all but let me just make some little contributions to what you have already said, I prefer to use bitcoin to make transactions rather then cash due to the fact that in bitcoin transactions it can be done across boarders and town with out possibly meeting the person face to face. And again bitcoin has the potential to grow as an investment, but cash does not have such potential.
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nagatraju
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December 03, 2017, 08:31:01 AM |
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Bitcoin has a good chance to provide such opportunity in the future, and now it's better to make all purchases for real money to save more coins.
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Opnsrc
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December 03, 2017, 08:45:09 AM |
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I would better say that there is no need to have Bitcoins instead of your cash. You must keep both fiat money and crypto - this is the perfect combination.
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supermam
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December 03, 2017, 02:47:36 PM |
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It is more safe if you used bitcoin than cash because you can transfer or transact anytime and it is more safe to carry than paper money.
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JTASSOCIATES
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December 03, 2017, 02:54:10 PM |
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For example last year you have in your hand or in bank account around 100000$ what is the value of your cash now. At the same time if you would have bitcoin in your wallet just think or imagine about it how much you will regret for it. That's why I believe bitcoin is instead of cash is much preferable for our best returns.
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WannaCry
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December 03, 2017, 02:54:27 PM |
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Besides, Bitcoin is an invisible gold and do not be restricted by the customs.
I prefer bitcoin instead of cash because it is more convenient and easy to use. Our earnings are more secured in bitcoin and it's increasing price is striking it's most unpredictable value that provides us higher profit. Without doing anything but by just keeping your bitcoin, we can earn much more than what we expect because of bitcoin.
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BlackRock
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December 03, 2017, 02:58:56 PM |
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I believe in this day and age, especially since we are growing so fast in technology and internet is being accessible everywhere in the world, people should have at least a small amount of bitcoin; preferably 1BTC just to stay involved with bitcoin and don't miss out on anything in the future. I mean you can even invest a hundred dollars or so in bitcoin and hold it for the future and you won't lose anything even if price goes down because of small investment.
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Baggong
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December 03, 2017, 06:19:16 PM |
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Because the function of bitcoin is different from cash, we all know that bitcoin is decentralized so that makes many people interested to invest and get profit from bitcoin, while cash is only suitable for the bag.
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Junard619
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December 03, 2017, 08:44:08 PM |
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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.
At this point in time there aren’t many reasons to convince someone to use bitcoin instead of cash. Cash is accepted by virtually everyone, it can be transported short distances physically with almost no hassle, and it’s an easily graspable concept.
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liseff3
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December 04, 2017, 12:28:25 AM |
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Bitcoin, value is eighteen times more volatile than cash money. Bitcoin keeps going from strength to strength, that's different with cash money. Bitcoin became more stable than cash money. Bitcoin is the biggest, and best-known.
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Chrisjay29
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December 04, 2017, 02:08:20 AM |
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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 instead of cash. One is that I intend Bitcoin to be use in online transactions where it will be accepted as cash, because I am a kind of guy who does not have any credit cards to use. I use Bitcoin as a mode of investment which obviously has a lot of growth potential compared to any fiat currency the downside is it can also fall its price fast.
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boomdasdas
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December 04, 2017, 02:14:42 AM |
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I think because cash always lose their valuable over time but Bitcoin only raises the valuable over time, 5 years ago, Bitcoin = 400$, now it's over 10k$ already
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