Why Bitcoin is better than Cash.

[guy_wonderful]

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.

[Josepht]

Cool that you're posting this here, but I don't think this is the right place. Most people who come here already know the advantages of bitcoin.

You probably should post it on a 'regular' forum where people don't know about bitcoin. It's better to spread awareness there then here.
Telling your friends/family also works better than posting here.

[guy_wonderful]

Cool that you're posting this here, but I don't think this is the right place. Most people who come here already know the advantages of bitcoin.

You probably should post it on a 'regular' forum where people don't know about bitcoin. It's better to spread awareness there then here.
Telling your friends/family also works better than posting here.

okay. thx for the note mate. I wonder if there any other benefits of crypto, as I wrote above?

[soy]

It's always satisfying to listen to the benefits of this 2.0 lol currency. And in addition to saying that btc does not suffer of the inflation in contrast to fiat currencies, it must also be remembered that it may also be subject to deflation...

[filharvey]

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.

[abstractednerve]

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.

And even if you are traveling overseas then there is a limit to carry certain amount of cash and there is always a risk of loosing money or getting stolen or robbed but you can carry any amount of bitcoins in your bitcoin wallet and no one will come to know how higher amount of money you are carrying with you.

[michellee]

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.

And even if you are traveling overseas then there is a limit to carry certain amount of cash and there is always a risk of loosing money or getting stolen or robbed but you can carry any amount of bitcoins in your bitcoin wallet and no one will come to know how higher amount of money you are carrying with you.

beside that, if we travelling into other country, we don't have to exchange our money to local fiat for every country. but with bitcoin, if we can always exchange from bitcoin to local fiat no matter where we are. and if that country have local store which accepting bitcoin then we can directly buy something with bitcoin.

[emyaj21]

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.

[gilangIDR]

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.

The convenience factor in every transaction made with bitcoin is indeed a major reason for many people to be attracted to bitcoin. Do not forget that bitcoin has a very useful privacy feature. The speed and simple way of using it is the best compared to other financial media. This is best until now and no one can compete with bitcoin.

[SushiMonster]

The pic is pretty funny - but I still somehow prefer paper cash than bitcoin - why yes, btc does give the consumer the ease in paying and buying stuffs online, but the security the online world is giving to it's consumers is not 100% trustworthy.
Electronic money and paper cash has its cons and pros, But I still prefer seeing my saving in cold cash than seeing numbers in my screen - it gives me the sense of fulfillment

[lighpulsar07]

lol thus is the opposite of the another thread "why cash is better than bitcoin xD. well indeed bitcoin has more advantages than fiat and it can't be controlled by the government but, without cash bitcoin will not have any value and also bitcoin can't live without cash and can live wirhout bitcoin.

[phr0stbyt3]

It is not better than cash nor cash is better than bitcoin , 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

[sofi@]

Bitcoin is more safer in terms of on-line transaction rather than credit card or atm because when you transact using bitcoin it does not require much of the information of the owner also you don't to be afraid that it can be hacked. Also bitcoin is better than cash because putting it in your wallet is like putting an investment, it earns without doing anything unlike ordinary cash that we have in our wallet.

[TheGodFather]

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.

yes, because we can earn bitcoin even we are in our home, we can be rich or we can have the savings if we were about to earn it and work for hard to have it. even though i am not investing my bitcoin to somewhere else still it got the profit everytime that the bitcoin increases its price, thats why i am very like it so much.

[azhar700]

what you said about bitcoin is true. Bitcoin is on its way, introducing to everyone in the world about bitcoin sophistication. but for now the cash is still as important as bitcoin. both have their own criteria and their respective uses.

[jasonjm]

Both Bitcoin and cash has its advantages and disadvantages and in my opinion both of them are good. But Bitcoin has slight advantage over cash as if you store your Bitcoin the price is continuously increasing while cash is fixed. You need both for a good life Bitcoin for earning and cash for travelling and spending.

[Wind_FURY]

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

Convenience.

Try buying your groceries, paying your bills, paying rent, paying your taxes and all of that with Bitcoin. It is hard because only a minuscule portion of merchants accept it. You cannot survive without fiat.

Give all your fiat to me if you want to burn them.

[Prodigan786]

Most of the benefits you mentioned aware deprecated and new biggest advantage added . Like zero transaction fees no time transaction is no more exists . The biggest advantage of having bitcoin now a days is high fluctuating price so most of the people used as a investment for future . There is lots of my friends investing for only the high prediction in next few years.

[orions.belt19]

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.

These are all awesome and enjoyed by the bitcoin users. You've got to add that it's easy to carry, its not tangible like cash. Imagine having to pay for something and you'd have to carry it in bills, there's a chance of losing it or having it stolen.

Bitcoin has its benefits and advantages as compared to cash but frankly, I think that most people still prefer fiat money over bitcoin because it is secure and it can be more used. Not many places recognize bitcoin and you can't use it everywhere yet. Not all retail stores accept bitcoin as payment and people would still have to resort to fiat money when it comes to daily or regular use.

[radjie]

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.