ankylotic
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October 13, 2017, 05:11:35 PM |
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to benefit from the bitcoin that we feel right now, already explained by who created this thread. but I still choose that cash money is the best. Why ? we live in the real world, right? and for now bitcoin is still not fully used as payment currency. would be very difficult if using bitcoin for now. therefore, why cash money is still the best, because bitcoin has not been set up as a legitimate payment currency
You are right, if bitcoin is used as payment currency in all outlet or shopping place, bitcoin is better than cash even though there are still many shortcomings of bitcoin No i don't think so, no one can stole the importance of cash or fiat from bitcoin and it has its own importance. For now i treated bitcoin and cash are equal important. The importance of bitcoin are good saving in the long term because bitcoin has faster to increase as currency. Cash money anywhere you should go travel cash money is needed and right know the world has not so, much vast to adopt bitcoin as a whole.
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FRJ
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The Worlds Most Advanced Distributed Computer
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October 13, 2017, 05:23:31 PM |
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I prefer bitcoin than cash oviously.It's taxfree and this is one of the major reasons that has made difference between bitcoin and cash and made bitcoin more acceptable.Again,bitcoin exchanging is much more easier than cash.It's safer too.further,the price of bitcoin is increasing than cash.Actually,I think it is the most mordern currency to exchage,trading and invest.
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Delisaara
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October 13, 2017, 05:36:31 PM |
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bitcoin has many advantages,and most importantly without tax. bitcoin begins to show its purpose,various transactions can be done with bitcoin.
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Shnayder
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October 13, 2017, 05:37:27 PM |
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I find it easier to work with bitcoin ,so he better.
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twicezeroiszero
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October 13, 2017, 06:23:35 PM |
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to benefit from the bitcoin that we feel right now, already explained by who created this thread. but I still choose that cash money is the best. Why ? we live in the real world, right? and for now bitcoin is still not fully used as payment currency. would be very difficult if using bitcoin for now. therefore, why cash money is still the best, because bitcoin has not been set up as a legitimate payment currency
You are right, if bitcoin is used as payment currency in all outlet or shopping place, bitcoin is better than cash even though there are still many shortcomings of bitcoin No i don't think so, no one can stole the importance of cash or fiat from bitcoin and it has its own importance. For now i treated bitcoin and cash are equal important. The importance of bitcoin are good saving in the long term because bitcoin has faster to increase as currency. Cash money anywhere you should go travel cash money is needed and right know the world has not so, much vast to adopt bitcoin as a whole. Nope, I do not think Bitcoin is a good asset to hold for long term as your said, Gold is better than Bitcoin to hold. In present, Bitcoin just is an asset for speculation, it still does not get accept from the government, so I can not confirm it is good to hold for long term.
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Jenna_G
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October 13, 2017, 07:01:27 PM |
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To use bitcoins or altcoins you need to have some BRAIN. Ha-ha not all people have it
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miss.M
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October 14, 2017, 02:48:24 PM |
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for me, bitcoin is better than cash in terms of advantage in online payments, because you don't need to hurry going to the store or place where you pay bills, or even if you are busy and can't go out but want to shopping, you can be through online and you can pay it using your bitcoin.
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waverscoin
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October 14, 2017, 02:55:35 PM |
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Firstly its virtual currency. So it can be saved for longer. I mean you will not immediately use it unless u convert it in your currencies. Secondly no tax problems. No government interference. If you want to make transactions of big ammount it's easy to do it by bitcoins. No one can stole it from you. You can invest online and can earn lot of money. I would say its safer than money.
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noictib
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October 14, 2017, 03:06:09 PM |
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Firstly its virtual currency. So it can be saved for longer. I mean you will not immediately use it unless u convert it in your currencies. Secondly no tax problems. No government interference. If you want to make transactions of big ammount it's easy to do it by bitcoins. No one can stole it from you. You can invest online and can earn lot of money. I would say its safer than money.
yeah , no Doubt that bitcoin is better than cash . Here cash has many better option to handle your money perfectly According to your needs , but in actual the bitcoin has some disadvantages or we may say some limitations . Sometimes we may face the problem of the confirmation ( that irritate much sometimes ) and second thing is that it has no full legalise to use in few countries ( since use in that country is also not a illegal thing ) . So here in the future bitcoin will replace the fiat/cash , Because it needed some improvement at some points and also basic support by the every country governments .
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LigwagGanern
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October 14, 2017, 03:14:49 PM |
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What are the reasons, why people use Cash or Credit Cards / ATM / Banks? Look at the benefits of bitcoin. * Works online 100%, 100%transparent for private and commercial use. Total control of private or public money for it's holder or holders, investors, governments etc. * As It's works online there no need of expensive steel safes or bank deposits to keep your money safe. Any password or time code can be used. * No fees. Unlike cash, hasn't 2%-3% of inflation every single year. * Accepted for Food Shopping & Micro payments via electronic card. * 0 confermations time, with introduction of "instant pay" function. * 0 exchange risks in use of proper securities and competent insurance. * any entrepreneurs is able to understanding of the value of payment. * No need for pay terminal for small businesses. For small entrepreneurs it's a high expense of 70 bucks every month. * Theoretically it's would not be needed to have an expensive licensed cash register, for small entrepreneurs, as every transaction is totally transparent. So cases of black money flow would be easily found and proven. * Banking and gambling. No need of any verification for CFD,Stock,Currency or gambling services. I think bitcoin is better than cash because it don't have taxes unlike cash. In bitcoin you can use it anytime and anywhere because some country's government don't know it. And in bitcoin you can use it in transaction in easy way and on time. Advantage in bitcoin is the value of it is increasing now unlike cash its value is still the same.
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zoolz
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October 14, 2017, 03:15:32 PM |
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The use cases of Bitcoin increase everyday while the use cases for fiat money decrease. Bitcoin definitely is the money of the future.
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mark15
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October 14, 2017, 03:20:26 PM |
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What are the reasons, why people use Cash or Credit Cards / ATM / Banks? Look at the benefits of bitcoin. * Works online 100%, 100%transparent for private and commercial use. Total control of private or public money for it's holder or holders, investors, governments etc. * As It's works online there no need of expensive steel safes or bank deposits to keep your money safe. Any password or time code can be used. * No fees. Unlike cash, hasn't 2%-3% of inflation every single year. * Accepted for Food Shopping & Micro payments via electronic card. * 0 confermations time, with introduction of "instant pay" function. * 0 exchange risks in use of proper securities and competent insurance. * any entrepreneurs is able to understanding of the value of payment. * No need for pay terminal for small businesses. For small entrepreneurs it's a high expense of 70 bucks every month. * Theoretically it's would not be needed to have an expensive licensed cash register, for small entrepreneurs, as every transaction is totally transparent. So cases of black money flow would be easily found and proven. * Banking and gambling. No need of any verification for CFD,Stock,Currency or gambling services. Bitcoin is better than cash because its value is still increasing until now. And if you're going on a trip and you need to bring a big money or cash, there is possibility that you may lose it or somebody will steal it from you if he/she know you have that money but if you have bitcoin and it is in your bitcoin wallet they don't know how much money do you have.
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Proton2233
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October 14, 2017, 03:27:44 PM |
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It's not the reason. Fiat money you can easily carry in electronic form on the Bank card. The price of bitcoin will not grow also always. In the future it may be reduced. In this case, bitcoin is worse than Fiat? No. You should look at the possibilities of bitcoin. For me bitcoin is a ticket to another world. I bear responsibility and for the first time, the government can not interfere in my life.
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faceoff97
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October 14, 2017, 03:42:33 PM |
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I think there is no better way between each other, they work differently. It just that we cant compare them because they have their own unique feature that each other does not possesses. Bitcoin can be a form payment for now seeing how its value changes from time to time, this shows that Cash fits the function that demands stable value. But on the other we could not tel that the volatility is not a good thing, its actually a good thing for most holders because they make more profit out of it. Thus, we could not say what is better than the other.
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HarleyQuinn9876
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October 14, 2017, 03:45:53 PM |
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What are the reasons, why people use Cash or Credit Cards / ATM / Banks? Look at the benefits of bitcoin. * Works online 100%, 100%transparent for private and commercial use. Total control of private or public money for it's holder or holders, investors, governments etc. * As It's works online there no need of expensive steel safes or bank deposits to keep your money safe. Any password or time code can be used. * No fees. Unlike cash, hasn't 2%-3% of inflation every single year. * Accepted for Food Shopping & Micro payments via electronic card. * 0 confermations time, with introduction of "instant pay" function. * 0 exchange risks in use of proper securities and competent insurance. * any entrepreneurs is able to understanding of the value of payment. * No need for pay terminal for small businesses. For small entrepreneurs it's a high expense of 70 bucks every month. * Theoretically it's would not be needed to have an expensive licensed cash register, for small entrepreneurs, as every transaction is totally transparent. So cases of black money flow would be easily found and proven. * Banking and gambling. No need of any verification for CFD,Stock,Currency or gambling services. Bitcoin is more convenient than cash. You can travel without carrying a lot of money. If you travel abroad, you do not need to exchange money. You can make swift transactions. Bitcoin is suitable for business people
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Arindava
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October 14, 2017, 03:47:03 PM |
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In my country, bitcoin has not been recognized, To make transactions I can only use paper money and added with taxes, If only bitcoins can be used in my country to make transactions then it is very good for me, Bitcoin is for investment only because it makes me richer,
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sachithra
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October 14, 2017, 04:07:41 PM |
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If you've been keeping an eye on the news at all over the last month or so, you have undoubtedly seen a story or two about Bitcoins. For years this crypto-currency has been a favorite among Magic The Gathering fans and those looking to fulfill a chemical addiction without the authorities catching on.
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Aba
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October 14, 2017, 04:37:57 PM |
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your post provides good information about bitcoin feature, the reason why people are still using bitcoin, maybe because lack of knowledge about bitcoin
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Christian13
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October 14, 2017, 04:39:28 PM |
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What are the reasons, why people use Cash or Credit Cards / ATM / Banks? Look at the benefits of bitcoin. * Works online 100%, 100%transparent for private and commercial use. Total control of private or public money for it's holder or holders, investors, governments etc. * As It's works online there no need of expensive steel safes or bank deposits to keep your money safe. Any password or time code can be used. * No fees. Unlike cash, hasn't 2%-3% of inflation every single year. * Accepted for Food Shopping & Micro payments via electronic card. * 0 confermations time, with introduction of "instant pay" function. * 0 exchange risks in use of proper securities and competent insurance. * any entrepreneurs is able to understanding of the value of payment. * No need for pay terminal for small businesses. For small entrepreneurs it's a high expense of 70 bucks every month. * Theoretically it's would not be needed to have an expensive licensed cash register, for small entrepreneurs, as every transaction is totally transparent. So cases of black money flow would be easily found and proven. * Banking and gambling. No need of any verification for CFD,Stock,Currency or gambling services. Using bitcoins is better than cash in the way that it is easier, faster and cheaper to use in online transactions than fiat money. Less requirements so less paper works for the users. This is matched perfectly for those who travel a lot (for business purpose or even for tourists) and doesn't want to carry a large enough of cash. But it doesn't mean you should throw all your cash to but bitcoins because you still need cash to buy most things you need/want.
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mahibul49
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October 14, 2017, 04:44:00 PM |
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tough question but i think this question is not appropriate for here bcz all the people who use this forum must be having knowledge abt bitcoin and its potential
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