bangkit tri
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April 16, 2018, 04:25:23 AM |
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Bitcoin is a good investment.because you just have to buy and hold your Bitcoin until the price goes higher and higher. it has a lot of potentials too. it is being used by many countries as Cash. you can make transactions and transfer it to someone with a minimum charge. and it's safe because it can't be robbed from you. not unless you've been hacked or because of your carelessness.
i do not think many countries endorse bitcoin, but many do not forbid collecting btc and redeeming it into fiat currency. and i think too, btc is hard to manipulate, because transparent transfers process and everyone can see it
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LigwagGanern
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Activity: 307
Merit: 10
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April 16, 2018, 04:53:41 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.
Why have bitcoin? Because bitcoin can do many things than cash like in bitcoin you may sure that it is very safe to others because the security of bitcoin or your bitcoin wallet is very strong. While in cash, your security in this is strong it unless if it is in a bank while bitcoin you can bring it anywhere how big the money you have.
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reyanshbasu
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April 16, 2018, 01:59:46 PM |
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We can use bitcoin for paying bills, transferring money person to person using our phone and internet with less charge, we are secured in holding our bitcoins unlike the cash you need go to the bank and it takes time before you finish and there is a possibility that somebody tries to steal your money,it', dangerous so I want to hold bitcoin that cash.
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Nyeyzel
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April 16, 2018, 02:25:25 PM |
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For me, bitcoin has a potential to grow if you have 1$ you have a chance to make it 2$ or even more. Unlike in cash that has right value. 1$ stay 1$ even for a long period. You can’t travel with more cash in your pocket. Unlike in bitcoin, it had safe and secured you can withdraw paper money if you need it.
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billbear
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Merit: 10
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April 16, 2018, 02:28:13 PM |
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For me, one of the reasons is that bitcoin is unstable, and this is interesting thing about it, cash is always floating in approx. still value, but if you have BTC you can expect anything, lol
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TiffanyLien23
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April 18, 2018, 06:44:54 AM |
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For me, i love bitcoin because eventhough it is very volatile but it always keeps me on the edge of my seat to know that by the hour the price of bitcoin is ever changing whether it may be rising or decreasing, and also I love how it is super easy to use and very convenient when it come to transactions. But the thing I love most about bitcoin is, it is for a long term investment meaning if I invested in it, my future will be quite secured and it is worth to wait for.
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cross_over100
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April 18, 2018, 07:07:50 AM |
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I choose bitcoin than cash because of its volatile price or value, and we can use bitcoin for the smooth transaction like paying bills online and transferring money with fewer charges.
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Konco126
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April 18, 2018, 07:28:10 AM |
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Bitcoin is definitely not cash, because bitcoin prices are unstable. If bitcoin becomes cash, it is not possible. Just imagine, this bitcoin price fluctuates and becomes cash. That there are people around us not going to use it for life shopping needs, because they know the price of bitcoin is high turbulent. Maybe they will hold the cash bitcoin it has to invest.
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doraegun
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Merit: 2
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April 18, 2018, 07:55:41 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 is much more convenient than cash because you have to worry about the transaction the time you would be able to do some payment only gadget will solve the problem with in a few minutes boom! transaction processed already that's the best important why we are using bitcoin. Quick transaction payment must be processed with in the exact time. that's the big deference between Bitcoin and Cash. I WANT CASHLESS SOCIETY
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Maslate
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April 18, 2018, 11:13:42 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 is much more convenient than cash because you have to worry about the transaction the time you would be able to do some payment only gadget will solve the problem with in a few minutes boom! transaction processed already that's the best important why we are using bitcoin. Quick transaction payment must be processed with in the exact time. that's the big deference between Bitcoin and Cash. I WANT CASHLESS SOCIETY In special cases maybe but in general cash is more convenient because everyone is using it. Let's live to the real world, people or majority of the people still has no idea about bitcoin, we are still in the early stage so we have to accept that fact.
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Wasaisisi
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April 18, 2018, 12:51:58 PM |
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Bitcoin is not cash. So you can be robbed or something and that is very safe for everyone. Because you cant steal it and that is good. I hope that more people will use Bitcoin and that Bitcoin will also be more worth so that it will also be more popular.
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t2yax
Sr. Member
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Arianee:Smart-link Connecting Owners,Assets,Brands
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April 18, 2018, 01:32:08 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.
Having Bitcoin instead of cash is challenging, because we all know that every time to time bitcoin's rate is increasing nor decreasing, but at the end of the day it will grow and grow. Instead of having a cash in your pocket, Invest it in Bitcoin.
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Komobit
Jr. Member
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April 18, 2018, 03:01:01 PM |
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One more opinion as I see it in our country. A lot of people domt have an investment, even a bank account they dont have one. So this one good reason to have bitcoin. You have invested and at the same time you got some money kept.
Places like India have high rates of people who dont have bank accounts and there are lots of ways that the Government makes policies to mantain this status quo. Bitcoin and cryptos are a way out to those obstacles but there still too many work to be done so poor and old pll deal with bitcoin =/
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paulaitwesley
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April 18, 2018, 03:19:39 PM |
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BTC payment is convenient and quick, you can pay for it with a mobile phone!
Don't bring your wallet to avoid the loss of counterfeit money!
And BTC is very convenient and fast for international transactions, which reduces the charge of international remittance!
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matipoto
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Join The Blockchain Revolution In Logistics
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April 18, 2018, 04:09:02 PM |
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For me, you shouldn't have bitcoin instead of cash for your everyday needs at this point. You should have bitcoin as an investment, expecting an increase of value in the future...
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SMART CONTAINERS : https://smartcontainers.ch/ Temperature-sensitive logistics. Revolutionized.
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