Why Bitcoin is better than Cash.

[a4techer]

This is very nice explaination for importance of bitcoin than the tangible money that we know in the future cryptocurrency like bitcoin was officially our money that we using in our daily lives and that's was good for each and everyon because of we can use it in easy access and for many transaction that didn't need a over the counter.

[sneeze11]

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.

Yes for me bitcoin is better than cash bitcoin there are so many online seller that accepting bitcoin and there's have a things that bitcoin can only buy. And for me is it also better because if you sell it  you can earn a money and then translate it to cash. Bitcoin don't paid taxes so that is the other reason why bitcoin for me is better than cash.

[Bosx1ne]

There some situation that the bitcoin is better than cash and there is also some situation that the cash is better than bitcoin. It is advantage if we have bitcoins today because we can be rich in the future. There is also many advantages cash, cash is the bridge in order to fulfill the needs and wants of the people.

[gokudera]

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.

You have a good analyzation and a great examples about the difference of the two; Bitcoin and Cash. But I think Bitcoin is better than a tangible money. Where you can use it anywhere and anytime you want with only the use of gadgets.

[znapitf1]

Bitcoin is better than currency.bitcoin is virtual currency,it is easy to transfer and receive the money through internet.bitcoin is asset also,it is used for earning profits.

[Shannykhan44]

Bitcoin is a cyrptocurrency. In the future the bitcoin has our own ATM...and Bitcoin is very popular in very country of the whole world for daily shopping etc...Bitcoin is digital and decentralized – With Bitcoin people get the liberty to exchange value without intermediaries which translate to greater control of funds and lower fees. It’s faster, cheaper, more secure and immutable. Cash is controlled by banks while bitcoin has owners.

[ehdiksayo]

Bitcoin is always better than cash.For our bitcoin earnings,we are not accountable to government and we need not have to pay taxes unless it is legalized in the particular country.With bitcoin,we could easily send huge amounts of money with very low fee at high speed.With bitcoin,our money value increases,but with cash,our money just remains idle.

I agree. However cash is really importang right now because it is what keeps the economy of different countries to be balance and also eases the transactions. Imagine if you are about to transfer BTC every time you buy in the market or store. I mean, it'll be longer. Maybe in the future, BTC will be a good currency. We may not know now but in the future, It may be.

[MSdosOutput]

Hello guys, you have mentioned the very interesting matter. Many of them were unknown to me. As there is so much use of bitcoin, I am damn sure bitcoin is better than cash.

[Harriti]

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.

You have a good analyzation and a great examples about the difference of the two; Bitcoin and Cash. But I think Bitcoin is better than a tangible money. Where you can use it anywhere and anytime you want with only the use of gadgets.

Really? I can't use Bitcoin when I don't have internet to access my wallet. I also can't sell my Bitcoin to FIAT or purchase my bills. In my country, the government don't accept to using Bitcoin as a payment method. If anyone try to use Bitcoin for payment, they can break the law and get catch by the police.

[nagatraju]

Here are a few reasons why I would also prefer to use cash - susceptibility and money support, legality, technological independence, it is necessary to make small and instant exchanges, acceptance everywhere.

[FRJ]

Bitcoin is better than cash.I always appreciate with the statement.Of course there are some reasons for the appreciation.

First,I would like to say that cash is also important for our daily life because it is legal worldwide.It goes a far way to fulfill our needs and wants.

But bitcoin is said to be the future asset.It is a cryptocurreny.We can send,means exchange bitcoin faster than cash.Again it is cheaper than cash to exchange.It has owners.It is out of control of the banks.It is safe too.

Again,if we have bitcoin,the price of our money will increase.If we have cash,it will remain idle.We can also transform bitcoin into cash in need.

So,bitcoin is better,better than any currencies.

[dancingnancy]

For my own analysis, it's because the price of bitcoin will increase even in a short period of time unlike cash, its not increasing. So if even you are holding bitcoin you will be earn. There are still many reason like, it is best investing because you can predict your earnings.

It's also more secure than traditional cash and a unique address ensures anonymity within transactions. Cash is more stable and because of the market cap but bitcoin's price is not locked to one point volatility is it's boon and bane. It's also a better investment as cash in banks accrue lower interest compared to to btc.

[Snub]

BTC can't be better or worse than cash, it is just a different thing, BTC is like stocks, you can invest cash in it, but you still can't buy grocery for BTC

[Honest Tim]

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 a good investment but as much benefits you written,  I think they are not as worthy as they looks.  Because we can not deny from the fact that still there majority of big brands,  organisations and authorities which still not accept bitcoin as a payment or mode of exchanges. As there are several countries which have even ban the bitcoin in their country,  many big countries have ban the use of Bitcoin in their country as they are in the threat of what bitcoin will cause damage to their economy. There are several restaurants, where bitcoin is not used as payment method.  So I am not fully agree with you.  But yes bitcoin has cause an significant effect on the world.

[Netnox]

BTC can't be better or worse than cash, it is just a different thing, BTC is like stocks, you can invest cash in it, but you still can't buy grocery for BTC

Don't be too sure about it. Although Bitcoin is now treated like an investment asset, if third party payment processors such as BitPay gets popular, it may be used for normal shopping and bill payments. At least in some sectors, it will be able to replace fiat cash. By fiat cash, I don't mean banknotes and coins. Rather, I was referring to PayPal/Visa.

[Souldream]

Here are a few reasons why I would also prefer to use cash - susceptibility and money support, legality, technological independence, it is necessary to make small and instant exchanges, acceptance everywhere.

Well I guess bitcoin is better than cash because it is high value than fiat, let's come think of this, here in our if I convert bitcoin into fiat it would cost almost 32,500.00 in only one bitcoin. So if I have 1 bitcoin I can maximize the value of my money, I can buy many things I need and I want in just 1 bitcoin only. So I think yes bitcoin is better than cash.

[ThunderCatSteve]

Bitcoin is better than money as it has complete privateness as compared to cash transactions done from banks.In banks we don't have an entire hold of our money when we deposit it in banking institutions we will be charged for that quantity as well as need to pay yearly taxes if the quantity is big in banking institutions the dealings aren't private .The cash worth doesn't change like bitcoins it just holds the value that is designed in the forex where as bitcoins cost change from time to time based on believe in which is becoming develop by the individuals intrested in it.for bitcoins we do not have to show proof on how we gained that quantity to take a position or just how much bitcoins we hold.it's several other advantages that makes it more better than real life money

Firstly the most important fact is that no one can steal bitcoin. On single click you can make payments. Also there is no way for a third party to intercept transactions of Bitcoins during online payment so no taxes you have to pay. Bitcoin can be used all over the world without going through a conversion process. There is no way of duplicating a bitcoin, unlike cash.Bitcoin transactions are very fast if compared to cash.

[tanghere1]

I totally agree with you. But having some cash can be beneficial too. Such example is in case you have an emergency. My point is it couldn't hurt if a cash stash somewhere to be used on emergency purposes.

[BaraxLo]

I think bitcoin is better because with transactions that can be done wherever and whenever but that when there is internet network. but if cash is only possible in each country and here there are restrictions on usage. so bitcoin is better than cash

I think both have no comparison, each is good in its own way. Yes the bitcoin is available on internet and can be opened using a stable connection, but cash is much more needed than bitcoin in this era because we buy our daily life necessities using cash, very few of sites or shops are ready to accept payment in bitcoin so we have to wait a bit more for bitcoin to replace the cash or other regular currencies

[WhoKn0ws]

Well cash in the US is FIAT money nothing but faith on the value of the currency, basically the same as cryptocurrency.
Only downside is that it is not widely accepted for everyday transaction, as well that the verification process if you were to purchase with bitcoin is too long.
Imagine trying to place a fast food order with bitcoin while having to wait an hour for the funds to be confirmed.