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

[The Sceptical Chymist]

I love bitcoin, but I definitely prefer cash in my hand.  It's tangible, for one thing, but the most important reason is that I pay my bills in cash, buy my groceries with cash...all my living expenses are paid for with fiat.  No one around me takes bitcoin.  The second reason is, as mentioned, the price fluctuations.  It's nice when the price is rising, since I get more buying power, but we've seen some breathtaking crashes and those are not fun.

[lolgato]

If I'm purchasing online I would rather have bitcoins than cash but in my country nowhere accepts btc so cash.

[forwardded]

i prefer to hold my money in bitcoins

[EndTheFed321]

Definitely BTC as I am all for Ending the Federal Reserve we need to stop all the money printing from thin air

check this out till 3 44

https://youtu.be/M_gvmPqSWuA?list=PLORBAEJE4BkH358rp0rDpLj0E6IJBsrGB

[chennan]

For online purposes I solely work with Bitcoin. I don't use fiat money anymore unless a certain webshop where I purchase something doesn't accept Bitcoin. Only then I make an exception. In real life I prefer fiat money. Because I can't pay my bills, food, gas, etc, with Bitcoin. Perhaps that might change at some point in the future.

Yep, that is about the most true statement I have read on this thread.  The only thing that I can counter with is that there is already asset backed debit cards that have been available for a while now that converts your bitcoins into fiat up purchasing things IRL, or converts it to fiat upon loading.... but there is always the stigma that YOU yourself should be in full control of your bitcoins and never trusting a third party, which I fully agree.  But like you said, until you are able to pay rent, bills, etc. with bitcoin whenever you want, there won't be the possibility of me solely making an income in Bitcoin because I need to satisfy my basic needs.

[sbtctalk]

Most of the responses here where people say they prefer cash would be from countries where their local currency is fairly stable. There are a bunch of places where that's not so, and I bet their voices are not heard here as much, so the poll isn't representative.

I recently found a good reason to use bitcoin over fiat tho. In Thailand, when I transfer money into a Thai bank account, they have some extremely contorted, ad hoc, rules to ensure it's hard to send that fiat out of the country again. Details at reddit /r/BitcoinThailand.
So now I transfer to Thailand by wire, then immediately convert what i can to bitcoin for safety (and use online).

My preference is clearly for bitcoin over cash.

Yes. In countries where there is political instability or governments with murkish law, btc prices jumps whenever these countries have news of possible new regulations that could affect liquidity of their assets.

Couple of months back when China moves to curb its property bubble, btc prices jump along. Simply, the mega rich PRC chinese have no other places to park their funds.

Similarly, the price of btc rose when Greece was going through crisis.

[angaper]

Although I am trying to accumulate some bitcoins as an interesting investment, this moment my economy and financial could not be supported adequately by the bitcoin, that is why I still prefer to base my business on the current strong dollar.

[USB-S]

It's in my opinion a bit safer to keep any excess money as bitcoins, just because it basically earns interest over time and it's pretty hard to spend in the real world at the moment.

[Pierre 2]

I think bitcoin is so much better for holding purposes.
Imagine you are from syria, how can you save your money?
Banks no! Cash no!
Just small electronic wallet would be enough. Noone would even realize you hold money in basically "internet".

Well money is better for general usage still.

[avw1982]

The price of bitcoin is regularly fluctuating, so you might get $100 worth of bitcoins now, $50 or $200 worth of bitcoins tomorrow, who knows? So, do you prefer a currency that is more stable, like cash (USD, EUR...), or do you treat bitcoins as a currency, for investment to let it grow?

State why you prefer your option.

For a short term or any emergency need means I would go with fiat currency But If long term process of saving means I will save as bitcoins only. Because Bitcoin didn't achieve its original rate Its just scratch the ground only. If I save btc I may millionaire in future.

[WENGER]

I would go with Bitcoin even with the risk of the value going down or up mainly due to the fact that it makes the whole online purchasing very easy for someone like me that buy stuff online and there are countless exchanges out there that whenever you need, you could transfer it to your local currencies.

[rinhunter]

Bitcoin.
money in my country is very volatile against the USD.
to save me better prefer to Bitcoin, because if USD is rising I could sell it.

[nekochan05]

The price of bitcoin is regularly fluctuating, so you might get $100 worth of bitcoins now, $50 or $200 worth of bitcoins tomorrow, who knows? So, do you prefer a currency that is more stable, like cash (USD, EUR...), or do you treat bitcoins as a currency, for investment to let it grow?

State why you prefer your option.

for investment, i prefer holding bitcoin than cash.
more safety & easy to control with our own bank (wallet) and the value growing faster than cash too

[nerFohanzo]

The price of bitcoin is regularly fluctuating, so you might get $100 worth of bitcoins now, $50 or $200 worth of bitcoins tomorrow, who knows? So, do you prefer a currency that is more stable, like cash (USD, EUR...), or do you treat bitcoins as a currency, for investment to let it grow?

State why you prefer your option.

for investment, i prefer holding bitcoin than cash.
more safety & easy to control with our own bank (wallet) and the value growing faster than cash too

Yeah that is correct thing to do, As if you have your money in bitcoins then you have total control over it and no one else can control it and the best advantage to hold money in bitcoins is that you can carry n number of bitcoins in your digital wallet and no one would be aware that how much money you are carrying especially when you are travelling abroad as carrying cash has certain limitations while bitcoins gives us that freedom.

[DrLove2048]

Just not feasible at this point to have it all in Bitcoins. If I had to choose it would be cash

[xCynosure]

I'm content to hold BTC to watch it grow, but I prefer cash. I have yet to be able to pay all of my bills and groceries with BTC.

[bitcoin revo]

Wrong place to ask it; the results would most definitely be skewed because of the fact that you're asking this on the BitcoinTalk forum in the Bitcoin Discussion section.

But I voted for bitcoin (surprise surprise!) because of the fact that bitcoin is on its rise, while cash is cash and it's not likely to double its worth over a week - unlike bitcoin.

[Yakamoto]

Well, as you can probably guess, I would prefer to have my money in Bitcoin, since it is a better store of value, in my opinion, instead of having paper currency. The disadvantage that comes with this is that it is significantly harder to pay bills and so using Bitcoin, but you can always exchange some Bitcoin to get the fiat to pay the bills off.

[iv4n]

If we talking about internet I prefer bitcoins. I use them to gamble, trade a bit. Its cause I have job and this is something I do cause I like it. Everything is interesting about btc, and gambling from my chair in nice hot room is perfect way to spend some cold days.  So my voice is definitely going to btc.

[protzein]

I prefer my money in cash. Since I can use it anytime. Bitcoins just alternative to save my money and for future needs