Harrisonimo
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October 30, 2017, 07:56:29 PM |
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It can also be best in storing one's assets coded and not made accessible to the prying eyes of the government. It is important when you are not interested or restraining oneself from spending physical cash easily; so you get to help control yourself from unnecessary spendings. Bitcoin gives opportunities for Cryptocurrency investments, serving as an intermediary between other coins.
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Jesabela04
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BountyMarketCap
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October 30, 2017, 08:04:20 PM |
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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.
Well for me, there are reasons why bitcoin is considered as fuctional than cash. In bitcoin , our money is secured. It's value increases without us exerting any effort. Transactions are easy through it. We can use bitcoin to pay bills and with different transactions which is convenient for us.
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kazy
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October 30, 2017, 08:21:12 PM |
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It is not just bitcoin, cryptocurrencyes are the future in general. Easier to complete payments, easier to transfer and safer to store them.
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ferdaus
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October 30, 2017, 08:47:23 PM |
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Bitcoin is always better than cash. Bitcoin is just a digital field, on the other hand the role of money is less important than Bitcoin, because most countries have historical value used in currencies. Bitcoin requires a smartphone or device, internet, and generally a little harder to handle. Bitcoin is still better than money:
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BUK2016
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October 30, 2017, 09:01:07 PM |
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It is still a little premature to begin to conclude that Bitcoin is better than cash. This because Bitcoin needs to reach a certain threshold and coupled with technology across the length and breath of the world to commence any kind of comparison. There are still primitive societies that lacks the knowledge of how Bitcoin works. General acceptance of the crypto currency is another major challenge
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KennyR
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October 30, 2017, 09:22:18 PM |
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We can not imagine if we transactions with large amounts of cash, of course will make a robber eyeing us, bitcoin is simple, easy but very secure transaction system so bitcoin better than cash.
Yes, there is lot of complications happening with the large scale transactions with cash as well has got limitations on it. Bitcoin has overcome the limitations and provided the users with a better plan, but in terms of security it provides with a high security but hacking seems to be possible.
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sapnu
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October 30, 2017, 10:06:04 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. I agree with the things that are listed. Bitcoin is indeed advantageous compared to cash. The only problem with Bitcoin as of this moment is that, it is not yet supported by the governments of some countries but surely, in the future they will especially now that there are already ckuntries tgat are doing the same thing. Also digital currencies including bitcoin is the new currency to cope up with the advancement of technology, so I think it also shows that Bitcoin is better than cash.
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Kong Hey Pakboy
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October 30, 2017, 10:12:37 PM |
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In my own opinion, bitcoin is more better than cash because bitcoin has more better value and much safer to keep in your wallet than cash. Bitcoin has so many good features than cash that's why many people are very interested to earn bitcoin than cash.
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AshleyAshes
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October 30, 2017, 10:25:29 PM |
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I am far from knowledgeable person in the bitcoin field, but like many I do have certain issues with it - there is certain fear exactly because you cannot take it, cannot touch it, cannot keep it close... It is advance on the currency market, but at the moment I think it is too early to say bitcoin is better than cash.
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howtobuy
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October 30, 2017, 10:33:55 PM |
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The question is: better for what? If you are looking for a store of value - fiat cash will be more stable, bitcoin can double or halve in value within minutes. In my view bitcoin has very significant advantage - there are no restriction on storing, using or transporting value in bitcoins while the cash has very strong limits in most of the countries.
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Silberman
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October 30, 2017, 11:28:44 PM |
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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.
You are correct but at the same time if someone looks for that in google he may get a link to his post and then that persons is going to discover why bitcoin is better than cash but it will also discover this forum which is one of the cornerstones of bitcoin, since even the founder satoshi nakamoto used to have an account in this forum.
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KevinSutrisno
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October 31, 2017, 12:37:45 AM |
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bitcoin is better than cash because bitcoin has a great chance to increase its value while cash does not increase in value even if it is very likely to be eroded by inflation
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Creating N Action
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October 31, 2017, 12:43:06 AM |
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The reason why bitcoin is better than cash is that you can avoid to scam. Bitcoin is very safe than cash because in order to have money or the so called cash ,first is you need to exchange your bitcoin or first you do the cash out. Many people scam. In bitcoin, no one can see how much money you have except from you. And also, no one can see if you have money unlike cash.
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PalindromemordnilaP
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October 31, 2017, 12:52:19 AM |
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Actually bitcoin is not better then cash in every single way. Bitcoin is better by some way, like: it’s online coin so I can buy online and also I can sell my coin, and it’s always in my hand so I can access any time I want.
There are actually pros and cons in Bitcoin but to give some example of why bitcoin is better than cash, consider bitcoin's volatility. It's market value rises like crazy unlike USD, EUR, and GBP. Another reasons why bitcoin is better than cash are: - Value
- Transaction fees
- Portability
- Transferability
- Security
- Deniability
- Divisibility
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Aspire68
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November 03, 2017, 06:42:54 AM |
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I treat bitcoin and cash equally important, the importance of bitcoin is that its good for saving in the long term because bitcoin has a higherr rate of increase. as for 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.
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abnoy
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November 03, 2017, 07:07:17 AM |
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bitcoin has a value that depends on indicative rates so if you plan on having more you can convert it to sterling if the market exchange rate is good.
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sumitgera1987
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November 03, 2017, 07:10:26 AM |
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Bitcoin is like cash - you don't need to go through a bank or credit card network in order to transfer it to another person.
It's better than cash because you can do this over the internet.
It's way better than all other monetary instruments because it is programmable money: you can basically treat bitcoins as symbols to represent anything (like titles to property, for example), and have the distributed peer-to-peer blockchain mechanism enforce title transfers in a provable, reliable way without any notaries.
Some people are working on setting up fully autonomous corporations using Bitcoin infrastructure. These will be essentially computer programs that own and spend bitcoins, and sign and enforce contracts, without any human employees.
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24core
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November 03, 2017, 07:15:28 AM |
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I personally think bitcoin is much safer to store if you do it correctly. You also don't have the government watching every move your finances do when using cash in banks or cards.
Bitcoin will always be more private than using normal cash.
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Sithara007
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November 03, 2017, 07:26:27 AM |
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Bitcoin is more efficient now a days ...da more tym flies it is more demanding in industry.bitcoin price is changing every time if you take a risk dis will change ur lyf ..
Efficient? The basic issues (especially those associated with scaling) are still persisting. Most of the users are not very happy with the high fees and delayed confirmation time. And this is exactly where Bitcoin Cash is trying to beat Bitcoin. But I am no longer comparing Bitcoin with physical cash, because I no longer regard BTC as a currency.
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cutecute
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November 03, 2017, 07:30:27 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 the reason why bitcoin is better than cash because in bitcoin if you buy something by the use of it, you can be sure that is not a scam. And I think that there are things that only Bitcoin can buy. My friends told me that. He said that he can buy anything by the use of Bitcoin because for now bitcoin is so popular to us and many people want to have a bitcoin.
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