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Author Topic: Why Bitcoin is better than Cash.  (Read 13744 times)
FasTroy
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November 04, 2017, 11:18:22 PM
 #481

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.
You are right, bitcoin have a high potential compared to cash, because we all know that bitcoin price increase over the years, so investing in it is too profitable in long terms, and then you can make a huge profit in the future, but with cash you can't do that, because usually the local currency not increase too much each period like bitcoin.

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November 04, 2017, 11:39:41 PM
 #482

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.
You are right, bitcoin have a high potential compared to cash, because we all know that bitcoin price increase over the years, so investing in it is too profitable in long terms, and then you can make a huge profit in the future, but with cash you can't do that, because usually the local currency not increase too much each period like bitcoin.

I am an economist and there are some doubts about  circulation of bitcoin in case of it gonna to substitute the cash system. First of all bitcoin supply is limited and imo this limit will cause sharp price changes in future.Bitcoin is not suitable for this purpose and there are some other alternatives.

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francesyrus
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November 05, 2017, 12:12:59 AM
 #483

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.



They prefer using bitcoin because we can send anytime anywhere in the world and it is fast. Bitcoins value is always changing maybe there are times it is down for most of the time it is gaining.


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November 05, 2017, 05:46:09 AM
 #484

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.



They prefer using bitcoin because we can send anytime anywhere in the world and it is fast. Bitcoins value is always changing maybe there are times it is down for most of the time it is gaining.



Okay, basically bitcoin is better and a lot more convenient and easy to use than cash, where it's available. The thing that makes cash valuable is you can carry and use it anytime anywhere. Featurewise, of course i'll go with bitcoin but until it becomes as accessible as paper money in your pocket, cash will be more relevant

 
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November 05, 2017, 06:08:45 AM
 #485

Bitcoin is more useful than cash. And easy for payments. There are no risk of loosing money. Do not need to pay taxes, and you could easily transfer large amount.
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November 06, 2017, 06:15:25 AM
 #486

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.



They prefer using bitcoin because we can send anytime anywhere in the world and it is fast. Bitcoins value is always changing maybe there are times it is down for most of the time it is gaining.



Okay, basically bitcoin is better and a lot more convenient and easy to use than cash, where it's available. The thing that makes cash valuable is you can carry and use it anytime anywhere. Featurewise, of course i'll go with bitcoin but until it becomes as accessible as paper money in your pocket, cash will be more relevant
I like to using Bitcoin for transfer money to other countries, but if you ask me the currency I want to use for nationally payment, of course, FIAT always better than Bitcoin because I can use internet banking and send FIAT within few minutes and the fees also lower than Bitcoin.

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November 06, 2017, 06:34:16 AM
 #487

I love cash and bitcoin. It seems to me that they can not be compared. Each payment system has advantages and disadvantages. If there is no Internet, then I can not use bitcoin. Then I will use cash

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November 06, 2017, 08:54:57 AM
 #488

I love cash and bitcoin. It seems to me that they can not be compared. Each payment system has advantages and disadvantages. If there is no Internet, then I can not use bitcoin. Then I will use cash
I agree with you, It is too hard when comparing between Cash and Bitcoin. Bitcoin is used as an asset and cash is used as a payment transaction.






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November 06, 2017, 08:56:59 AM
 #489

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.


Obviously as what we all know there is no doubt about that cash will be extinct in the future i guess this technology bitcoin is the future and as what we are speculated bitcoin already increasing its market price and it is now better than cash and also better than gold i guess it will be a great discovery.
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November 06, 2017, 09:11:38 AM
 #490

so people in eth are starting to move to btc. that explains why btc is going up without the crypto marketcap going up.
those in love with their altcoins are capitulating.
unfortunately for them they will soon get burned.
you don't buy high.
you buy low.
the extra influx of money has stopped.
there is no worse time then buy btc now.
onifla
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November 06, 2017, 10:05:36 AM
 #491

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 why bitcoin is better than cash it is because Bitcoin better than cash, I think this makes Bitcoin different or unique. Whether this is better than cash is more of an ideological or economic theory type of question, but being unique may be sufficient to ensure Bitcoin can have significant value.
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November 06, 2017, 10:11:37 AM
 #492

Cash stays the same while bitcoin sometimes increases in his price a lot. So thats why it better and also you have cash in your pocket and bitcoins are online so they are harder to steal.

So bitcoin is sometimes even safer than cash and the privacy is better.
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November 06, 2017, 10:31:41 AM
 #493

it's all great and it's true that you can earn money on bitcoin and it has such advantage as confidentiality, but if money disappears now - what will we do? it's too early to talk about it...yes, bitcoin has great prospects, but it is still too young
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November 06, 2017, 10:39:15 AM
 #494

Crypto have many features which make fiat money bad. Bitcoin however is a diamond in the world of crypto. Once again it's shown that investors care about bitcoin and bitcoin only.
In time we will see bitcoin replacing other currencies. One by one.
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November 06, 2017, 10:41:05 AM
 #495

In my opinion, bitcoin is better than cash. Because bitcoin is a digital currency that you can you globally. You can use it buying some stuff online, you can also use bitcoin to transfer money without any questions or giving many identities. There any many good benefits about bitcoin that you can use and bitcoin price is increasing and also high.
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November 06, 2017, 10:50:56 AM
 #496

Because bitcoin can grow and people can make profit from it with cash it still stays the same because if it goes up the inflation will go up too and it will be balanced again this way you can not make profit out of it in  anyway.
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November 06, 2017, 10:58:08 AM
 #497

Yes inflation is taking over cash and bitcoin is only growing, but we still can't use bitcoins without cash, we need fiat to pay our bills, to pay for drinks and food.
Bitcoin is future, but it's not too close to us to throw away cash.
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November 06, 2017, 11:01:24 AM
 #498

Bitcoin is becoming top demanding currency in the world and user of bitcoin is increasing every month. Thousand of new user accepting is for investment. Bitcoin have more secure than cash.It is very easy to save in wallet but access of cash is headache to care them in house and bank etc.There is also one more benefit to save money in the form bitcoin that is ,you put your money in bitcoin and if price of bitcoin will increase then it means your money is increasing automatically every day and may be every minute.

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November 06, 2017, 12:22:28 PM
 #499

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 why bitcoin is better than cash because Bitcoin operates with no central authority or banks, reducing the risk of your counterpart betraying you. No one can close down your account for doing something they don't like.
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November 06, 2017, 01:16:51 PM
 #500

Because bitcoin every year  increases its value and its profitable, like investment. You can buy online goods use bitcoin just only one single click. So with bitcoin I can provide faster transactions.
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