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Author Topic: Why Bitcoin is better than Cash.  (Read 13745 times)
nikiknowsnothing
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February 12, 2018, 07:53:56 AM
 #901

Yeah, it is definitely better than cash. But cash has its own advantages too I think. You can't give bitcoin to local vendor (as of now).
Ismat Morshed
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February 12, 2018, 07:55:07 AM
 #902

Bitcoin is always better than cash and aalso eeasy for transactions and payments. With bitcoin,we could easily send huge amounts of money with very low fee at high speed and easily transfer large amount.With bitcoin,our money value increases,but with cash,our money just remains idle.We do not pay taxes.
Kupid002
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February 12, 2018, 08:01:08 AM
 #903

Bitcoin is better than cash because the cash does not give us any bonuses, we get a profit when i have bitcoin. Bitcoin is a currency whose value increases and decreases. If we sell increases moment, we will get the benefit if we sell it.
this is the most some of the reason why bitcoin are pretty much better than cash cause what we are all wanted is to have some profit that are increasing this is just like in bitcoin not just day by day that we can have some possibility that we can have some profit but the way on how may bitcoin will increase for.

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icocash
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February 12, 2018, 09:19:05 AM
 #904

Bitcoin is better than cash because the cash does not give us any bonuses, we get a profit when i have bitcoin. Bitcoin is a currency whose value increases and decreases. If we sell increases moment, we will get the benefit if we sell it.
this is the most some of the reason why bitcoin are pretty much better than cash cause what we are all wanted is to have some profit that are increasing this is just like in bitcoin not just day by day that we can have some possibility that we can have some profit but the way on how may bitcoin will increase for.

Yes, Sure , i guess like that Wink
Roydgon
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February 12, 2018, 09:29:30 AM
 #905

The emission of bitcoins, unlike the money we are familiar with, is limited. The maximum possible number of units of crypto currency in the bitcoin system is 21 million units. And, the more common and popular will become bitcoin as a currency, the more expensive one unit will cost. Thus, bitcoin is an excellent defense against inflation and a worthy competitor to gold, which also performs this function, because the cost of bitcoin should grow not only because of the limit on its quantity, but also with the growth in demand for this currency due to the expansion of its use .
ravenyvolle
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February 12, 2018, 09:30:59 AM
 #906

If you are using a hard wallet or offline wallet with private keys, yes it is safer to use than actual cash. Since bitcoin/ other cryptocurrencies are based on online transactions, the tendency or possibilities of being hacked is high.
coinsocieties
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February 12, 2018, 10:10:37 AM
 #907

Yeah, it is definitely better than cash. But cash has its own advantages too I think. You can't give bitcoin to local vendor (as of now).

Thats true we all know that bitcoin is a good way of payment way faster than normal cash safer and more convenient than cash momey. But as of now we still need cash for our everyday using in our daily life. There a lot of store still not accepting bitcoin and they dont like also the votality of crypto currency.



                                                                                                                                             
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gabinsight
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February 12, 2018, 10:11:15 AM
 #908

You have said it all Mr.Author.. Getting to know more about bitcoins benefits is always a nice feeling. It's volatility that makes it risky is the same factor that makes it good.
spiritguardcharles
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February 12, 2018, 10:28:28 AM
 #909

I think the common reason why most people still used fiat currency or cash over bitcoin despite of having many advantages in any aspects is maybe because using cash/credit card/atm machines is much more accessible and efficient than bitcoin.How? since bitcoin is a digital currency, the presence of internet is required since most of the bitcoin wallet is kept inside a online wallet unlike cash/credit card using it directly as a payment is not a problem specially for credit card since it have a private account specifically made for it's user in order for them to easily withdraw and deposit money in their account without using a internet

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armandoz
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February 12, 2018, 10:34:59 AM
 #910

Bitcoin help us to manage the money and they can help you anything you like, payment or need to buy something. cash is also is good but not safe when it comes to payment and big money are involve. bitcoin can arrange payment if need assurance payment any where even in abroad instantly payment and safe and you have no plan in your money and your account there is chance to grow your account not like cash you have no assurance and so many treat that anyone will take and most specially if they know that you are bitcoin member. so it is better to be safe and let the bitcoin handle your account and beside this is your money and no one willl take without you permission.

kikoy999
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February 12, 2018, 10:38:59 AM
 #911

bitcoin is better than our money in the Philippines because the bitcoin price rises more than the peso and the price is steadily increasing today so the central bank of the philippines bags losing the bitcoin price and losing our peso is better that btc is used as a replacement for the money in the Philippines.

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judemarco1996
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February 12, 2018, 11:56:20 AM
 #912

One reason why bitcoin is better than cash is it is really easy to trade with bitcoin while with cash different country have they own currency and you still need to exchange your cash for it to be used.
Lester Cole
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February 12, 2018, 11:59:19 AM
 #913

I’m not really sure Bitcoin Cash (BCH) is better than Bitcoin. Bcash is on a mission to become a payment processing blockchain controlled by a few individuals while Bitcoin core is aimed to be a decentralized, public blockchain for all to use.

With that said, I think Bcash = zero patience and a centralized takeover attempt by the small group of people. Instead of organically coming together as a community and building a functioning blockchain using other technologies like lightning networks and cross-chain atomic swaps, Bcash is deciding to internalize all progress.

This is not what Bitcoin is meant to be…there are a ton of payment processing blockchains, but what makes Bitcoin different is it’s chain length and community support. In time, Bitcoin core will become an efficient transfer of value, but it has some time to go as other technologies catch up.
EdfuJihad
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February 12, 2018, 12:07:19 PM
 #914

In many people, they see bitcoin is better because of its profitability and reliability in terms of investment.  Giving assurance in safeness in traditional thief. May help us to save because it is not in our traditional pocket.  But i believe i still can't say that bitcoin is better because both cash and bitcoin have their own advantages in their own ways
kevinZD
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February 12, 2018, 12:39:12 PM
 #915

I think bitcoin is better than cash. We all know that the value of bitcoin sometimes low and sometimes high, but I prefer bitcoin 'cause the value is not steady not like in cash. Bitcoin is more profitable and raliable in terms of investments. But Bitcoin and Cash have their own advantages in thier own ways, so I cannot even say it.
Al-e_x
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February 12, 2018, 01:07:08 PM
 #916

Yes I really agree once the bitcoin is better than the cash currency, this bitcoin as Global currency that we can use in various countries. And also bitcoin is good in terms of security, because the bitcoin is to any time will not be in fake because this bitcoin has no form, in contrast to the rupiah currency that has a physical form so prone to forgery.
Md.salauddin
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February 12, 2018, 01:09:47 PM
 #917

Bitcoin is always better than cash. both of these are termed as currencies by many but they have totally different features for example bitcoin price changes and isn't stable like cash , to make payments to someone using bitcoin we have to pay a fee which isn't there for cash , holding bitcoin is more profitable than cash all these differences are not similar at all hence bitcoin is like a investment while people can invest in cash.
Red Fire
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February 12, 2018, 01:18:30 PM
 #918

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.


Maybe the reason s because the hassle that it gives to people. When you use bitcoin it is kinda hassle free because you can send by yourself you don't need other people to do it for you and the fee is kinda reasonable unlike when you send some money to your love ones you need to pay for the transaction fee and it depends on how much the money that you will send the higher the amount the higher the transaction fee.
drukoz2
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February 12, 2018, 01:25:40 PM
 #919

Imagine if you have $ 100,000 and 10Btc. What will happen to your money in a year or 2-3 years? Your 10Btc will cost 100% more than $ 100,000. Just learn the technology of bitcoins.
chikading2016
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February 12, 2018, 02:51:12 PM
 #920

bitcoin is better than our money in the Philippines because the bitcoin price rises more than the peso and the price is steadily increasing today so the central bank of the philippines bags losing the bitcoin price and losing our peso is better that btc is used as a replacement for the money in the Philippines.


Yes you are right regarding with that.Bitcoin is way more better than cash because,  u can easily access bitcoin when purchasing something online and i dont need to convert money from piso to another currency because bitcoin is a new system of currency . But it can change it into money in actual buying. And i dont need to worry about getting robbed but we cannot change that their are mny scammers. But over all i chose  bitcoin.

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