Why Bitcoin is better than Cash.

[Wandika]

Bitcoin is made up of algorithms that are set up to make it harder for Bitcoin to dig. At the same time, the total number of generated Bitcoins should never exceed 21 million. When the total number of Bitcoins in circulation reaches 21 million (estimated at some time after 2110), its total value is only $ 39 billion if the current price is kept. Meanwhile, according to the World Gold Council, the total amount of gold traded is about 6 billion ounces, or $ 7,300 billion at current prices.

In other words, to say that Bitcoin is more expensive than gold, a Bitcoin will cost $ 347,000.

I really did like all your calculations and first and foremost thing you have to remember is that crypto currency market is a new thing which is less than ten years old and you have to be amazed by the way it is growing in a very few short years and if you compare the stock market which is there for more than a century ,you really cannot compare these two markets,your calculation about the entire bitcoin market is true according to the current price,who knows what the price would be per coin ten years from now and that is the difference .

That's why it's much better than cash, investing in cryptos or in btc guarantees a ling term investments brtter than a physical bank investment or business investment since even by holding it we can actually earn as time passed by.

[Gradus728]

Bitcoin can be spent and transmitted at any time, whether it's a working day or a day off, and not to tell anyone.

[btcbrother]

Cash is better in one way, and one way only tat I can think of. It is very, very easy to spend cash - just hold out your hand and hand over the cash money. Bitcoin requires a smartphone or device of some sort, internet, and in general is a bit harder to transact (no pun intended ).

[w33man]

It's because it's more convenient to have bitcoin, it's easier to have bitcoin because if you have a lot of money, you need a bigger pocket. Unlike if you have a lot of bitcoin, you don't need to carry it anywhere. So, I think having bitcoin is safer than having cash on hand.

[kelseydustin]

It's because it's more convenient to have bitcoin, it's easier to have bitcoin because if you have a lot of money, you need a bigger pocket. Unlike if you have a lot of bitcoin, you don't need to carry it anywhere. So, I think having bitcoin is safer than having cash on hand.

That is true. Bitcoin gives us a chance to hold a lot of money without any trouble. Unlike bitcoin, you will require a bigger space if you want to have more money. Cash is not the same as bitcoin and because of that, it is more inconvenient than bitcoin in many ways

[Rinsend]

It's because it's more convenient to have bitcoin, it's easier to have bitcoin because if you have a lot of money, you need a bigger pocket. Unlike if you have a lot of bitcoin, you don't need to carry it anywhere. So, I think having bitcoin is safer than having cash on hand.

That is true. Bitcoin gives us a chance to hold a lot of money without any trouble. Unlike bitcoin, you will require a bigger space if you want to have more money. Cash is not the same as bitcoin and because of that, it is more inconvenient than bitcoin in many ways

and besides that we can minimize the crime rate if we save our money in the form of bitcoin.
because how much bitcoin we carry can not be seen by anyone
while the other with fiat money.
the more we carry will make our bags more bulging.
this is what I mean to invite criminality.
karen in today's evil is increasingly becoming,
not only a hideout robbery, in public there can be a robbery.
whereas if we use bitcoin we can minimize this

[Kahoy01]

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 the value of bitcoin is still increasing  but the cash is stable but its good if you collect bitcoin that real money becuase if you have a lot of bitcoin you can convert it into a real money so that's why it's good to earn bitcoin than cash or money.

[Jembut Ireng]

In some cases the use of bitcoin is better than cash, for example is for online transactions, bitcoin payments faster, better and more secure than cash, western union or bank transfer.

[3Axel]

Because there is not a sudden fall of the own country currency by the political  uncertainty of the country.

The best one、the speed of the remittance and the inexpensiveness of  Remittance charge attractive.

[Fretcy]

The global interest for bitcoins is increasing every year as people find bitcoin better than fiat currencies. The user's have complete ownership of their bitcoins and no one has control over it as this is a decentralised network, bitcoins can transferred easily to any part of world without any hinderences or third party involvement.  This cryptocurrency can eliminate identity theft and fraudulent activities happening with fiat currencies, there is no need to carry money on hand when you have your bitcoins on your  wallet. Bitcoin can be used for travelling worldwide without having to think of converting to other currencies, this cryptocurrency can bought through online exchanges and through bitcoin ATM. Online shopping can be done by using this cryptocurrency, bitcoin is a good tool of long term investments and duplication is not possible with bitcoins unlike fiat currencies.

[behindcrypto]

Volatility:
It may seem, that Bitcoin is too volatile and the price jumps like crazy Compared to USD, EUR, GBP - Yes Compared to the currency of Ukraine, Argentina and dozens of other currencies it’s much better

Value:
Bitcoin is deflational This means, that supply is limited and noone can just print more money In the USSR there was a day, when the goverment decided to divide the value of it’s official currency by 10. With Bitcoin it’s not possible

Transaction fees:
Western union or other similar services usually take 1–5% for a transfer of money With the Bitcoin the usual transaction fee is a couple of cents and you can even pay less if you’re not in a hurry

Portability:
As long as you are able to store 256 bits you can have bitcoins You can write the key at the piece of paper or even remember it

Transferability:
The usual transaction time is negligible (<1s) But if your transaction is extremely important you need to wait for 6 blocks (6 confirmations) which is usually around 1 hour

Security:
If your bank goes down - you’re screwed In Bitcoin nothing can go wrong except that you can loose the key

Deniability:
The bank is a single point of failure If your bank goes down - you’re screwed Bitcoin has a distributed nature, which makes it extremely resilient to different types of attacks

Divisibility:
You can have/buy/transfer as little as ~0.0000071411 USD (at current price) in Bitcoin. It’s the smalest unit and it equals to 0.00000001 BTC

[Gameflip ICO]

It is better because if you are in the US for example and another person you want to send money to is in Germany it will be inconvenient in terms of transaction fee and the most important there is no globally accepted way of transferring money. Banks and payment systems such as PayPal are just third person, mediators and they have full control of your funds. With Bitcoin, you have your own bank and do need to ask for any kind of permission.

[Noilee]

Bitcoin is better than cash because bitcoin gives more opportunity to invest and gives extra income to the people. Its low transaction fees and easy to use anywhere you are and most trusted and useful currency, and it has a great value. Bitcoin is better than cash because bitcoin is best in investment and profitable. You don't need to go through banks in order to transfer to another person. Bitcoin is the very good choices and very interesting currency.

[Heyyyrenz]

We all know that bitcoin is better than cash because of it's price and features of it. But even though bitcoin is better than cash we're not gonna live without it because not all people, stores etc. are using and familiar with bitcoin. So here are my reason why bitcoin is better than cash.

• In bitcoin you're anonymous you can use it to hide your money.
• Can be use in different countries.
• Can be use as a mode of payment.
• Fast transaction.
• Can used by everyone.
• Easy to earn.

[UAE Seasider]

Bitcoin is better than cash as it's a Finite supply and they don't just go an print billions and billion more of them when traders gamblers and banks get into trouble with their hedged positions.

Bitcoin and all the other alt cryptos are about to get way more useful as well with the expansion of the Crypto Debit card industry. Finally a way to esily spend your Crypto in millions of outlets worldwide wherever VISA and Mastercard can be used.

[The Monkey King]

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 of its price and bitcoin features. These are some of the reason why bitcoin is better than cash. In bitcoin you're anonymous and people can use it to hide some money. Bitcoin can also be use as a mode of payment with a faster transaction of payments online. Lastly, bitcoin can be used by everyone.

[nieninja53]

I think two reasons behind this,
Bitcoin is better than Cash because peoples want to run with latest technology payment system like they want to pay digitally instead of having huge amount of cash,
The Second reason is the price of Bitcoin that is very attracting due to this everyone wants to increase the balance.

[DIW]

Bitcoin is better than cash, or in general fiat currency, because it is:
1. A private currency, not issued by a sovereign state or entity.
2. Decentralized, without a centralized issuing party, as units are issued algorithmically to a decentralized group of parties.
3. Digital, as it is a fully electronic currency, with no necessary physical manifestation and has all the benefits of a cryptocurrency, especially anti-counterfeiting, as it is conducted through cryptography.

[DoublerHunter]

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 of its price and bitcoin features. These are some of the reason why bitcoin is better than cash. In bitcoin you're anonymous and people can use it to hide some money. Bitcoin can also be use as a mode of payment with a faster transaction of payments online. Lastly, bitcoin can be used by everyone.

Bitcoin is not a place to hide your money, it is used to store your money and to let your money grow using bitcoin. Bitcoin is better than cash because of those possibilities and that is the reason why people are choosing bitcoin over the other investment vehicles that they can try because they all know that bitcoin is more worth it than any other investment.

[rodel caling]

for now i treated for the 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 use it in the country they do not know the bitcoin as currency but if the bitcoin knows around the world and accepted of all nation as currency i will go to bitcoin because bitcoin is easy to use in any transaction using the new technology.