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Author Topic: Why Bitcoin is better than Cash.  (Read 13740 times)
kimamaxgreen
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September 04, 2017, 11:56:42 AM
 #41

Bitcoin is better than cash

1. Bitcoin is digital and decentralized, people can send and receive without intermediaries, this gives a better and greater control of your bitcoin and also, since there is no intermediaries therefore, there's a lower transaction fee.

2. Bitcoin can be used for online shopping (definitely easy to use for shopping)

3. Bitcoin is a great tool for investment since it can be easily used all over the world without going through any conversion process.

4. Bitcoin is peer to peer, open, yet secured.

5. There are no boundaries to bitcoin. No third party interventions, no intermediaries.
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September 04, 2017, 11:59:53 AM
 #42

Reasons why BITCOIN is better than CASH

1. You don't need permission to use it. You can use it anytime
2. Bitcoin has no spending limits.
3. You have access to your bitcoin 24/7
4. Lower transaction fees
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September 04, 2017, 06:25:40 PM
 #43

Reasons why BITCOIN is better than CASH

1. You don't need permission to use it. You can use it anytime
2. Bitcoin has no spending limits.
3. You have access to your bitcoin 24/7
4. Lower transaction fees

bitcoin is very convenient and reliable it makes bitcoin very popular and useable for the cash users. Bitcoin is better than cash in the case of safety because bitcoin has its wallets in which you can keep your bitcoin no one will be able to steal your bitcoin. Bitcoin is easy to carry in amount you can carry a lot of bitcoin at the same time in wallet but not the money or cash. You can invest in bitcoin and can earn money from it but not in money or cash so bitcoin is much better than cash.
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September 04, 2017, 06:31:33 PM
 #44

Bitcoin is more useful than cash, and also easy for transactions and payments. It's like virtual money, you do not need to pay taxes, and you could easily transfer large amount, unlike cash, there is a risk in transactions when it comes large amount.
Well, I think bitcoin is more useful than cash but I guess both of them has disadvantages and advantages. In addition to that, using bitcoin can help you to pay your instantly and you can use it in different kind of transaction on online but you can't use it in offline. Lastly, they think that bitcoin is better than cash because it is decentralized and you ca manage your own bitcoin.
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September 04, 2017, 06:39:23 PM
 #45

I think bitcoins have more features but it has disadvantages same can be said for cash it has some strong and weak points.Currently cash is all over the world beating cash would not be possible at least not in this century even though cash is powerful but bitcoins are the future as they are decentralised which means power over Bitcoins is of the users not any government or anything.Large amount of transactions take only hours or minutes depends on fees whereas in cash it can take days as it has to go through lots of process.I think cash is good for small transactions which is one of the disadvantge of bitcoins small transactions.
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September 04, 2017, 06:59:48 PM
 #46

The number one reason for me, why bitcoin is better than cash is that bitcoin has faster transactions. I really do like the way bitcoin is used, although the transaction fees now are getting bigger, next time I'm going to withdraw, might as well get larger amounts for safer fees.

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September 04, 2017, 07:13:58 PM
 #47

There is no need of depicting that much reasons for bitcoin here. We all know that bitcoins value is what drives every crypto lover very crazy about it. Obviously whatever you have listed here is the adavsbtage for us and who know many major changes might just take place in the near future. Long live bitcoin and be better than everything else.
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September 04, 2017, 07:41:05 PM
 #48

No matter the benefits of bitcoin, it can not take the place of fiat. In most countries, bitcoin is used or generally accepted so also in other countries, bitcoin is not accepted. It's verse versa.
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September 06, 2017, 10:10:12 AM
 #49

What are the reasons, why people use Cash or Credit Cards / ATM / Banks?


~ Cash is more anonymous than Bitcoin, so it is better suited to be used for money laundering and drugs
~ Cash is excepted everywhere
~ Cash is easier to understand
~ Cash is easier to counterfeit
~ Credit cards can be stolen
~ Credit card information are stored online and it is a favourite source of income for hackers.
~ Fiat ATM's is everywhere you look. < There are only few Bitcoin ATM's in every city >
~ Banks offer consumer protection < transaction reversal & theft cover >

Each of these technologies have it's advantages and disadvantages.  
Dude! Are you okay? You have actually made me speechless. Cash gives anonymity??? Cash is easier to understand??? What exactly we need to understand about cash anyway? And there are few Bitcoin ATM's in EVERY city??? You should consult a doctor or read articles related to crypto currencies, especially bitcoins.
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September 08, 2017, 10:25:09 PM
 #50

Bitcoin and cash will go side by side where we will still need both types of financial forms. each will have more value so if you have to compare between bitcoin and cash I think we really need both. because both of them include financial things which is of course very decisive for the needs of our lives. excess bitcoin is of course bitcoin is a very profitable investment form for us. while cash is a tool for us to meet the needs of life kitasehari days for example to shop, electricity and other payments.

 
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September 08, 2017, 11:15:13 PM
 #51

Bitcoins have the advantage compared to cash cause they are not made in a place and their value almost never declines. It's a standard currency that might not be so well know yet but can't be easily controled by others since it's an all digital type of money.
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September 09, 2017, 07:39:19 PM
 #52

Bitcoin is decentralised and trustless...not subjects to government controls like fiat
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September 09, 2017, 07:46:20 PM
 #53

Bitcoin has better advantages any day when compared to cash or banks but it won't survive all on it's own ,it will bank as a back end unless and until fiat system is totally removed from the community. So if you want money now and you have bitcoin you will need to use the support of bank in order to spend your bitcoin.


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September 09, 2017, 07:47:36 PM
 #54

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 everything has different strengths and weaknesses. When it comes to Cash, the first thing that comes to mind is the ease of use and ease of payment. Besides, Cash is easy to use, but it is easy to lose or be robbed, affected by the external environment. When it comes to Bitcoin, I think it's worth it as well as high security and security. Besides, Bitcoin can transact worldwide via the internet. But Bitcoin is not as common as Cash. That is the difference between the two currencies

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Skyborn
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September 09, 2017, 07:53:57 PM
 #55

The main reason I like bitcoin better than cash is the fact that no bitcoins can be copied. So that pretty much cancels out inflation. Cash certainly has it's benefits (no fees, instant transaction etc.) but bitcoin is very unique and is going to be important in the future.
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September 09, 2017, 07:56:29 PM
 #56

I share with you the same opinion that bitcoin is better than cash .Because you can invest in bitcoin and nowadays bitcoin price so increased and you can't invest on cash .You just spend your cash . I hope that i help you bro why this short advise .

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September 09, 2017, 08:00:24 PM
 #57

The main reason I like bitcoin better than cash is the fact that no bitcoins can be copied. So that pretty much cancels out inflation. Cash certainly has it's benefits (no fees, instant transaction etc.) but bitcoin is very unique and is going to be important in the future.

I never thought of it like this. Cash can be counterfeited, however Bitcoin can never be counterfeited, it can never be faked. This is genius. I am going to remember this for the future posts. Smiley



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FasTroy
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September 09, 2017, 08:20:59 PM
 #58

I share with you the same opinion that bitcoin is better than cash .Because you can invest in bitcoin and nowadays bitcoin price so increased and you can't invest on cash .You just spend your cash . I hope that i help you bro why this short advise .
I agree with you, of course that Bitcoin is better than cash, it more valuable than any currency in the world, When we invest on it, we can made a huge profit in the future, but there is no profit if you invest in a local currency, so I think this is the difference that allow Bitcoin to be better.

DpremiumTrades
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September 11, 2017, 02:10:55 PM
 #59

well bitcoin and cash is useful in terms of currency, its just a matter of what that person wanted to use.
LuffyD.Monkey
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September 21, 2017, 11:34:17 AM
 #60

Bitcoin is just a digital field, people can easily store their wealth without having to bother putting it in a tight vault. But the role of real money is no less important than bitcoin, since most countries have historical value in the currency used. the role of bitcoin just makes it easier for its users to store their wealth in the grip.
Bitcoin is an easier and convenient shape of cash. You don’t need to be worry about the theft of your cash although cash has self importance as cash is easily used in everything, and there is no question of unreliability in cash.

Bitcoin is a digital currency which has so many chances of getting extra profit from it. there is no involvement of third party in case cash.
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