cryptowilie
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October 19, 2017, 05:33:56 AM |
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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.
very true, bitcoin lately has become a store of value just as gold
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hxk451
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October 19, 2017, 05:54:24 AM |
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Bitcoin is better 1=No tax to pay 2=If we keep it and trade it after some time it will be profitable. 3=And it is the leading business nowadays. 4=And keeping cash gave no profit but BTC does.
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Lorilikes
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October 19, 2017, 05:59:34 AM |
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Bitcoin is also better than cash because it is ACCESSIBLE for people in areas where the government acts in a domineering way, or oppresses its citizens financially. Venezuela for example.
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quesion.11
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October 19, 2017, 06:12:33 AM |
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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. A very detailed and detailed opinion, I really appreciate your comments that helped me learn a lot more I will learn about what you have said
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Sithara007
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October 19, 2017, 06:20:40 AM |
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Bitcoin is also better than cash because it is ACCESSIBLE for people in areas where the government acts in a domineering way, or oppresses its citizens financially. Venezuela for example.
Yes. This is one of the primary advantages of Bitcoin. It is extremely difficult for the government authorities to confiscate the coins. I will not say that it is impossible, as we have seen the FBI seizing coins from Silk Road, Silk Road 2.0 and the online exchange BTC-e. But it takes a lot of effort to confiscate these coins and if you are having only a couple of coins in your wallet, then no one is going to bother.
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quesion.11
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October 19, 2017, 06:24:29 AM |
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Hayx thought simply Money always changes when the state releases, prints new money But BitCoin is always deflating and increasing its value. BitCoin number can not be more than 21 million Bitcoin created a new empire, cryto currency
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shimbark123
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October 19, 2017, 06:25:59 AM |
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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 really really like what you did in this thread. Thank you for sharing these things about the benefits of bitcoins. Surely it helps a lot of newbies wondering what could make us so sure about bitcoins good advantages.
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DoublerHunter
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October 19, 2017, 06:26:35 AM |
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Bitcoin is also better than cash because it is ACCESSIBLE for people in areas where the government acts in a domineering way, or oppresses its citizens financially. Venezuela for example.
Yes. This is one of the primary advantages of Bitcoin. It is extremely difficult for the government authorities to confiscate the coins. I will not say that it is impossible, as we have seen the FBI seizing coins from Silk Road, Silk Road 2.0 and the online exchange BTC-e. But it takes a lot of effort to confiscate these coins and if you are having only a couple of coins in your wallet, then no one is going to bother. Even bitcoin is hard or easy to confiscate, it is still impossible for me to happen because there is no such a valid reason for the authorities like the police or fbi to confiscate bitcoin and other cryptocurrency because they are working good and there is no harmful activities including them because almost all the people are just using bitcoin and other cryptocurrency for profit or money.
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Pattart
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October 19, 2017, 09:43:06 AM |
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I think Bitcoin is always better than cash. I know that for earning Bitcoin, we are not accountable to the government and we will not have to pay the tax unless the country is legal. Bitcoin, we can use a successful business as it is available when it is low in the market and it can be sold at a higher price.
I think it is not so easy to decide that either bitcoin is better than cash. But I think in some areas bitcoin still lost with cash. example for payment issues of course cash will be accepted wherever you shop whether it's in a small shop or big shop you can pay with cash. while bitcoin is still very limited in its expenditure. so I think it's wrong if bitcoin is better than cash for overall because cash is still better in some things.
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Eternu
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October 19, 2017, 09:53:11 AM |
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Bitcoin is better 1=No tax to pay 2=If we keep it and trade it after some time it will be profitable. 3=And it is the leading business nowadays. 4=And keeping cash gave no profit but BTC does.
All you have said is truth, but your point of view is short. You think Bitcoin is better just because it brings you money. Would you think the same if Bitcoin was simple currency, from which you can not earn money. That is problem now days. Most of people do not see full potential of Bitcoin, and that makes me sad. Bitcoin have more adventages over fiat currency, and i hope you will see that too.
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Lecam
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October 19, 2017, 09:58:08 AM |
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I really think that bitcoin is better than cash because bitcoin price can increase or decrease any time which makes it good when you're holding a lot of bitcoin. Unlike cash who's value is just stagnant, it doesn't increase or decrease from time to time. Bitcoin can be easily used in any transactions, and it's safer to keep bitcoin.
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kateryana81
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October 19, 2017, 10:12:27 AM |
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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. For me cash is betyer than bitcoin becuase if you have a cash you can use it anywhere to buy anything you want idont know if bitcoin accepted on store in my country but if you have a bitcoin you can covert it into your local money so thats why its good to have bitcoin becuase you can earn a lot of money or cash by using this bitcoin or become rich like others. I think it depends upon the purpose basically. If someone wants to make a large transaction in minutes at cheap rates then bitcoin is better. Also, if he is need of a lot of money and wants to earn huge profits, this can be only done by digital gold. However, we cannot use bitcoins in all purchases as it is currently not accepted everywhere. So fiat has its uses also.
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elewton
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October 19, 2017, 03:29:13 PM |
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I think there are many reasons that explain why bitcoin is better than cash: + At first, We don't have to waste paper to print cash. + Second, Cash could be faked, Bitcoin is not. + The last, Governments can print cash if they want, they couldn't do with Bitcoin.
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bryant.coleman
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October 19, 2017, 03:59:22 PM |
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I think there are many reasons that explain why bitcoin is better than cash: + At first, We don't have to waste paper to print cash. + Second, Cash could be faked, Bitcoin is not. + The last, Governments can print cash if they want, they couldn't do with Bitcoin.
The second and third points are very important. But you need to remember that although Bitcoin can't be counterfeited, it can be cloned. The examples are the recently listed Bitcoin Cash and soon-to-be-listed Bitcoin Gold. In the next 2-3 years, we can expect dozens of such Bitcoin clones. And I am not sure about the third point. A hard fork can modify the 21 million limit, right?
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erep
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October 19, 2017, 04:41:57 PM |
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It doesnt matter where you are and where the receiver is, you can send and receive bitcoins. With cash, you always need to have a middleman or some agent. Bitcoin is better than cash in many ways.
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Harley29
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October 19, 2017, 04:42:36 PM |
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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 the cash in the many way. In the bitcoin its no interest and taxes collects. And it has a faster transaction too in the negotiation unlike the cash its quite slow. Amd the bitcoin has a expensive value that the money is no match for him.this is my reason why the bitcoin is better than the cash yes its true bitcoin is much more batter than any other currency bitcoin is easy to carry there is no chance of robbery or steeling bitcoin have also a high price than any other currency bitcoin is a digital currency and it work same like other currencies you can pay bills, buying things also you can use it for on line shopping and you can also do daily trade in bitcoin.
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dipok07
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October 19, 2017, 06:07:29 PM |
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I agree with you.It is very easy to deal with. Most of the benefits are not tax to the government. If you keep the money, the money will not increase, but if you keep Bitcoin, it will increase day by day. So, then Bitcoin is better than money.
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Superzpay
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October 20, 2017, 02:19:21 PM |
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I think there are many reasons that explain why bitcoin is better than cash: + At first, We don't have to waste paper to print cash. + Second, Cash could be faked, Bitcoin is not. + The last, Governments can print cash if they want, they couldn't do with Bitcoin.
There are so many reasons why bitcoin is better than cash. Some are discussed below: - i. Bitcoin is secure and decentralized. ii. There are no third party included in it. iii. No fear of theft and faked. iv. There is no intervention of Government.
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kpcian
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October 20, 2017, 03:15:21 PM |
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I think Bitcoin has some special features that identify Bitcoin as a better than Cash, in our community cash is only using for the daily purpose but Bitcoin has some extra features whose are really exciting for many of us. First of all, Bitcoin is out of control of any government intervention, Government can't regulate anything regarding this issue, that is very comfortable for Bitcoin holders, Secondly, Bitcoin is very secure and safe system that can't be steal or hacked and finally, Bitcoin is free from any third party transaction. so it is better than cash in these aspects.
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fearcoka
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October 20, 2017, 04:29:07 PM |
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I think Bitcoin has some special features that identify Bitcoin as a better than Cash, in our community cash is only using for the daily purpose but Bitcoin has some extra features whose are really exciting for many of us. First of all, Bitcoin is out of control of any government intervention, Government can't regulate anything regarding this issue, that is very comfortable for Bitcoin holders, Secondly, Bitcoin is very secure and safe system that can't be steal or hacked and finally, Bitcoin is free from any third party transaction. so it is better than cash in these aspects.
In the Bitcoin system, it does not use any third service to help us avoid scammer, all user of Bitcoin are the part of this system and help Bitcoin can not hacked by anyone or someone want to scam us after transfered Bitcoin. Of course, transactions of Bitcoin still need to have confirm if do not want someone use double spending.
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Just Nao Tomori and Bitcoin ( ͡° ͜ʖ ͡°)
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