[POLL] Do you prefer your money to be in cash or bitcoins?

[serjent05]

I do prefer my money to be in bitcoins since bitcoin will increase in the future, thus, having profits. I don't have that much cash right now but it's enough for me to buy the things I need. I'm actually saving up bitcoins so I can exchange them into cash later. Cash is what we need in order to buy stuffs in real life. It's still hard to buy things online using bitcoin and it takes a lot of time before you can receive your order.

So you are saying you want your money to be in a form of a cash then.  Temporary for bitcoin so you can get more cash out of it.  That is what I understand from your line.  Anyway, I plan the same way too.  Have my money in form of bitcoin and then sell it when it hit my selling price.  At the end I will convert my bitcoin to cash in order to buy stuff in local stores.  This will be the setup until we can directly buy stuff with bitcoin in our local markets.

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[Xenophoto]

I prefer cash since it's the primary way of us to pay people. That's also how we get paid in our day job. You just have to take some cash out of your pocket so you can use it. On the other hand, bitcoin has to be converted into cash first before you can use it. Bitcoin is a good way of storing your money, though. If you think you can afford to not use certain amount of cash, then store it in bitcoins and then come back years after to get your profit.

[seven4smoke]

I prefer cash since it's the primary way of us to pay people. That's also how we get paid in our day job. You just have to take some cash out of your pocket so you can use it. On the other hand, bitcoin has to be converted into cash first before you can use it. Bitcoin is a good way of storing your money, though. If you think you can afford to not use certain amount of cash, then store it in bitcoins and then come back years after to get your profit.

Probably better and calmer when there is money in your pocket and that currency was significant. If you use bitcoin every day for personal use then it will not be profitable.

[Spirit2016]

I do prefer my money to be in bitcoins since bitcoin will increase in the future, thus, having profits. I don't have that much cash right now but it's enough for me to buy the things I need. I'm actually saving up bitcoins so I can exchange them into cash later. Cash is what we need in order to buy stuffs in real life. It's still hard to buy things online using bitcoin and it takes a lot of time before you can receive your order.

So you are saying you want your money to be in a form of a cash then.  Temporary for bitcoin so you can get more cash out of it.  That is what I understand from your line.  Anyway, I plan the same way too.  Have my money in form of bitcoin and then sell it when it hit my selling price.  At the end I will convert my bitcoin to cash in order to buy stuff in local stores.  This will be the setup until we can directly buy stuff with bitcoin in our local markets.

Because of the fact that Bitcoin is not so popular, and it will be difficult to pay off in every store, so paper money have all the same need.

[SamMurphy]

I can't choose between those two because I think that both are equals. You have to be smarter and have cash and BTC. You never can be sure about what will happened. Each of those two have their ups and downs but I prefer to have them both.

[krishna1]

i hate bearing cash in my hands it looks very old fashion to me i just keep some cash for emergencys and rest i love to use bitcoins if in my area they accept it. it can be very handy if i can pay in btc and can get my linch here

[mogrith]

Well it depends on how picky you read the poll.

Cash<> Fiat

I normally have $5-$10 on me in cash. have more in checking/credit card of course but that's not cash.
I have $75-150 in mobile BTC wallets that I can use.  more in cold stage. also have a btc debit card that i weekly pay into.

So I use both but have More BTC than actual paper cash on me

[bitcoinisbest]

Certainly it will be cash due to :-

1) Cash accepted across world just need to change the currency.
2) Bitcoin price is unstable and can go down any moment.
3) Country may bank the btc so what will you do?

[sourris01]

Certainly it will be cash due to :-

1) Cash accepted across world just need to change the currency.
2) Bitcoin price is unstable and can go down any moment.
3) Country may bank the btc so what will you do?

This only proves that the paper money is still held and are holding on to their positions for a long time. The fact that Bitcoin is a digital market, not a real one.

[mikecgna]

Well it depends on how picky you read the poll.

Cash<> Fiat

I normally have $5-$10 on me in cash. have more in checking/credit card of course but that's not cash.
I have $75-150 in mobile BTC wallets that I can use.  more in cold stage. also have a btc debit card that i weekly pay into.

So I use both but have More BTC than actual paper cash on me

The banking sector in some countries do not want or do not even think to reconsider its opinion on the bitcoin. This will remove bitcoin deeper into illegal payments. This will fasten only real money.

[d-trixx]

So far, I am satisfied that my form of payment that I have. Of course, if I had a surplus of funds in the account, I would like to receive a portion of bitcoin in order to preserve them for the best time and price. But really all the same to use money more easily than bitcoin.

[mogrith]

Well it depends on how picky you read the poll.

Cash<> Fiat

I normally have $5-$10 on me in cash. have more in checking/credit card of course but that's not cash.
I have $75-150 in mobile BTC wallets that I can use.  more in cold stage. also have a btc debit card that i weekly pay into.

So I use both but have More BTC than actual paper cash on me

The banking sector in some countries do not want or do not even think to reconsider its opinion on the bitcoin. This will remove bitcoin deeper into illegal payments. This will fasten only real money.

Or as Fiat moves into hyperinflation like Zimbabwe Dollars (50 Billion dollar notes anyone?). or India just making R1000 notes toilet paper people will move into BTC whether or not the government likes it. 

[MTBTT]

bitcoin because I can fight against the inflation of the currency in my country, easy and fast payments and many things that normal currencies can't, and even you can use for activities like gambling, vpn, donations ect.

P.D: I'm from Venezuela

maybe you can avoid the inflation that occurred in the currency of your country, but if you choose bitcoin you also had nearly the same risk, ie fluctuations, if you can not wait probably will count against

[richardsNY]

Well it depends on how picky you read the poll.

Cash<> Fiat

I normally have $5-$10 on me in cash. have more in checking/credit card of course but that's not cash.
I have $75-150 in mobile BTC wallets that I can use.  more in cold stage. also have a btc debit card that i weekly pay into.

So I use both but have More BTC than actual paper cash on me

The banking sector in some countries do not want or do not even think to reconsider its opinion on the bitcoin. This will remove bitcoin deeper into illegal payments. This will fasten only real money.

Or as Fiat moves into hyperinflation like Zimbabwe Dollars (50 Billion dollar notes anyone?). or India just making R1000 notes toilet paper people will move into BTC whether or not the government likes it. 

People with a decent understanding of what Bitcoin is, will indeed move a major part of their wealth to an option such as Bitcoin. I however believe that the majority of the people will prefer Gold over anything since it gives them a safe feeling. Bitcoin is a newbie in the game where Gold has been serving people for thousands of years. Looking at the serious poverty in Zimbabwe and India, I find it hard to believe people with barely any money will actually shift to Gold or Bitcoin. It will be something for the middle class and up as they have the highest risk exposure in this matter.

[Huge Black Woman]

Most of y'all want bitcoins, and I understand all that.  I wouldn't mind either one if it was a big enough pot, but I do prefer cold hard cash.  There's still something inherently nauseating about bitcoin, and mosta that has to do with the hackers and the ephemeral nature of digital currency.  It only exists because we give it value.  The minute we decide it's worthless (which could happen), it's gone.  Guess the same thing goes for cash, but if that becomes worthless, we'll be shooting zombies in the streets.

[mogrith]

Well it depends on how picky you read the poll.

Cash<> Fiat

I normally have $5-$10 on me in cash. have more in checking/credit card of course but that's not cash.
I have $75-150 in mobile BTC wallets that I can use.  more in cold stage. also have a btc debit card that i weekly pay into.

So I use both but have More BTC than actual paper cash on me

The banking sector in some countries do not want or do not even think to reconsider its opinion on the bitcoin. This will remove bitcoin deeper into illegal payments. This will fasten only real money.

Or as Fiat moves into hyperinflation like Zimbabwe Dollars (50 Billion dollar notes anyone?). or India just making R1000 notes toilet paper people will move into BTC whether or not the government likes it. 

People with a decent understanding of what Bitcoin is, will indeed move a major part of their wealth to an option such as Bitcoin. I however believe that the majority of the people will prefer Gold over anything since it gives them a safe feeling. Bitcoin is a newbie in the game where Gold has been serving people for thousands of years. Looking at the serious poverty in Zimbabwe and India, I find it hard to believe people with barely any money will actually shift to Gold or Bitcoin. It will be something for the middle class and up as they have the highest risk exposure in this matter.

India is getting more interested. and has a lot of people many not in poverty.

http://www.cnbc.com/2016/11/15/india-rupee-restriction-boost-bitcoin-digital-currency.html

[richardsNY]

India is getting more interested. and has a lot of people many not in poverty.

http://www.cnbc.com/2016/11/15/india-rupee-restriction-boost-bitcoin-digital-currency.html

Interesting article. Especially because of the fact that they are trading at nearly $800 and we here are around $90 behind. I think that's mainly due to the fact that there is barely any liquidity there. Either way, a massive premium compared to the USD rate shows that there is some panic buying going on. I am sure that when more people there enter the market and bring in liquidity, that the price will come closer to the other exchange rates. Right now it's a great arbitrage opportunity for those that know how to play it well.

[JasonXG]

Actually he is right ! With hyper inflation in poor countries the little money they have becomes worth even less by the day. Today's bread could cost the same as a single slice in a few weeks ? Months ? Years ? How long do you wait. As people habe said before you wasting printing that weak currency out since it is less than toilet paper.

If bitcoin was around in ww2 there would habe not been the great depression and the fall of the German mark so much so that one required a wheel barrow full of notes just for bread and milk. They weigh the money from then onwards since its value is low. Think about how that can never happen to bitcoin. That is why bitcoin is so great.

[crwth]

It's really interesting what you can do with your bitcoin with it's  anonymity and easy transaction and trust issue style. I think it really depends on what you're trying to do with your money. If it's going to be a local transaction or business, I would prefer cash but when it's for online transactions or trading, I would escrow and use bitcoins. Because you don't need to trust the person you're trading with, that's the beauty of it right. I prefer money to be in cash just because that's what people use everyday for transactions. Bitcoins are not yet known much in our country.

[mikehersh2]

I would prefer if bitcoin was more mainstream and i had more uses for it in daily life, then i would prefer bitcoin. But as of now i need cash because i cannot go without it daily