Why Bitcoin is better than Cash.

[Ismat Jahan]

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.

[ice098]

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.

Because its cashless payment and that is one  of the advantage of bitcoin. But i think its better if we also have cash because is very convenient to buy in some store when we have some cash.

[phuclzu12]

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.

Because its cashless payment and that is one  of the advantage of bitcoin. But i think its better if we also have cash because is very convenient to buy in some store when we have some cash.

I can't use Bitcoin when I live in a place has not internetion network to access the Bitcoin network. So, in my opinion, Bitcoin needs to solve this issue if it wants to be better than Cash, else, Cash always still the best choice for offline payment.

[ethereumwhite]

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.

https://s26.postimg.org/gsatkpbnd/download_3.jpg

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.

Burn all you fiat. I mean, convert it to bitcoin. I mean... erm.

[mildaynesprt]

For me Bitcoin is better than cash because Bitcoin can used online using through buy and sell some altcoins in trading. Bitcoin can save in our wallet so that  when the bitcoin price will high  you will earn or profit by means of strategy of "Buy low, sell high". And lastly Bitcoin can spend like buying thru online gadgets in an online shops or can pay bills and other most important needed using Bitcoin.

[stompix]

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.

And it's also worse than cash because you can't do this without 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.

You're mistaken bitcoin with blockchain.
Bitcoin represent only one thing. One bitcoin or 100 million satoshi.
The others are possible implementations of the blockchain and until now there have been no real attempts other than scamcoins to create such a thing.
Don't even dare to bring eth into the discussion.

For me Bitcoin is better than cash because Bitcoin can used online using through buy and sell some altcoins in trading.

You can do the same with cash using an ATM.
That's not a real  advantage, mostly because you can't use bitcoin offline.
So in a swap competition cash is still the king.

[misterj]

It is not that it is better but it has a lot of advantages rather than cash. We could not say that it should take over the cash as an alternative because when that happens government would take over and that where bitcoin will suck and become what is cash today. So it is better to be on its natural habitat rather than taking over the place of cash to prevent loss of its value.

[Rosa Paula]

Bitcoin is better then cash.Cause If i traveling any place then I have to take money.But If there is a problem in the path, A robber takes my money or I lose money then What i do.If there is a bitcoin without cash money here, If I have these problems, then nothing will happen.I know It,s a small example.Maybe there may be a lot better example, Why Bitcoin is better than Cash.

[Plie]

For me Bitcoin is better than cash because it is simply the same everywhere. No more localised fiat money, but a worldwide accepted money. Finally we have a payment system which liek gold can be accepted by anyone but unlike gold is easy to use and transact.

[btcstory]

Bitcoin now is worthy of more than 7000 dollars lol

[chennappa121]

It's my view point why bitcoin is better than cash because bitcoin value will be ingres day by day but in Cash there no option and bitcoin is a digital currency you can send it to anyone in the world within few minutes, so people love to use bitcoin.

[Belkaa]

Bitcoin is far more better than cash bitcoin open a lot of opportunity for trading, investment and the most amazing part is the Blockchain Technology.   As for me the main reason is that Bitcoin is the cheapest way to send international payments. As someone who works online, I’ve tried many different payment options and Bitcoin is the cheapest.
Also Anonymity is most important key.

[gz1derbread]

Yes, all these advantages of bitcoin allow it to enter the world economic market, but, unfortunately, while we can not use it as a full currency due to the lack of places where it can be spent, but I hope that this will change in the near future.

[tabas]

Bitcoin now is worthy of more than 7000 dollars lol

It's now close to $7,500 and it keeps on pumping. Many says that it's possible to reach $10,000 in no time so everyone before the fork is buying. They'll get two coins at the same time, B2x and bitcoin but many aren't going to support the other chain and this course is still quite debatable.

[jayco25]

thanks for the very informative info regarding bitcoin and digital currency. I hope will read and enlighten regarding this matter

[julzcoinbit]

Bitcoin now is worthy of more than 7000 dollars lol

It's now close to $7,500 and it keeps on pumping. Many says that it's possible to reach $10,000 in no time so everyone before the fork is buying. They'll get two coins at the same time, B2x and bitcoin but many aren't going to support the other chain and this course is still quite debatable.

Yes,  That's the reason why bitcoin has a potential than cash. Because here in bitcoin if you just believe you can be rich in anytime or more years to wait in the way of investing in bitcoin. Because this time the value of it is,keep on increasing and there's  a near possible to reach $10,000 like what you mentioned.

[JCO05]

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 you've mentioned. Also, its market value increase continuously that makes it also profitable as an investment and not only as a currency. Bitcoin's narket value grew so far from its market price years before. It is now priced at 7400$ and still continues to increase making it one of the best investments so far.

[silhsoul]

I think once altcoins market stabilize Bitcoin itself will be only used in mean of storaging cryptofunds. We will see *unnamed_random_coin* doing better than cash in future but definitely not Bitcoin I think.

[mammoniter]

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.

This is all true, bitcoin has many advantages and what goes with it are also some disadvantages like reliability to internet and vulnerability to hackers and phishing sites not to mention a lot of scammers online waiting for unsuspecting individual investors. Bitcoin has a long way to actually replace cash as a mode of payment but as a currency I  think bitcoin is better in my opinion.

[mr_enoc]

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.

This is all true, bitcoin has many advantages and what goes with it are also some disadvantages like reliability to internet and vulnerability to hackers and phishing sites not to mention a lot of scammers online waiting for unsuspecting individual investors. Bitcoin has a long way to actually replace cash as a mode of payment but as a currency I  think bitcoin is better in my opinion.

Yes, bitcoin has its advantages and disadvantages too but even if bitcoin has its own disadvantages i still believe that is better than cash.

Correct, bitcoin has a long way before it eventually replace cash when it comes to mode of payment but i believe that bitcoin is more better and very convenient to use.