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Author Topic: Why Bitcoin is better than Cash.  (Read 13740 times)
Core.BUSTER
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November 17, 2017, 05:52:07 PM
 #581

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.
I agree that bitcoin is better than cash and I know that bitcoin has more valuable than cash and its because of the price. Bitcoin has high value than cash and it is acceptable in other country. Lastly, you can used it in some transactions especially on online transactions.
Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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Granxis
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November 17, 2017, 06:01:54 PM
 #582

Bitcoin is better than cash?  Because of the crypto currency that it gaves to us. To relate all of the topics that is indeed to us ,specially for the sake of the economics of bitcoin rather than cash.
The thing that makes Bitcoin valuable is the rapid gain in price due to the rapid price increase. But now those days are behind, cash has become more valuable.

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senne
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November 17, 2017, 06:54:30 PM
 #583

Cash is better for buy the small things.small merchants may don't accept the bitcoins.cash has no transaction fees.in future paper currency better than digital currency.

But here we are discussing why Bitcoin is better than Cash. Further you seem to be newbie as your reply is filled with grammatical errors and completely different reply to the thread. Here, we are discoing why Bitcoin is better than cash and there are numerous reasons behind that like Bitcoin becoming an investment more than a currency, anonymous transactions, globally circulated, decentralized functioning and so on.
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November 17, 2017, 07:44:03 PM
 #584

Their are so many reason associated with this topic. Bitcoin is like an e-wallet which is created by blockchain technology  to store and spend by digitally. Bitcoin is much easier and less volatile then real paper currency. Bitcoin is globally accepted easily accessible than cash. Bitcoin is also easily exchangeable with other currency. If someone earn bitcoin then he doesn't need to pay tax but in case of real money you have to pay tax. Bitcoin is the first Decentralized digital currency that doesn't come under any particular person control. But in this real money  it is strictly undercontrol of government.
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November 17, 2017, 07:53:13 PM
 #585

Bitcoin is better than cash. bitcoin is easier and safer. but bitcoin in general is not yet legal in government. still bitcoin and cash are very different principles. that's just my opinion
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November 17, 2017, 08:09:47 PM
 #586

Bitcoin is a digital wealth you can stored bitcoin without knowing of other that the good things, but people choose both bitcoin and cash, and most of people use cash money,credit car etc because cash value is great and unchangeable or else there is a little of possibility to change its value does not like bitcoin you must to take the risk when you holding bitcoin because of their chageable value.

There are many reason why people use cash instead of bitcoin, but in general bitcoin is better than cash because you can use bitcoin in online shopping easily and instantly and bitcoin price will be multiply in every month or else everyday you have the possibility to earn money without doing something you just holding your bitcoin in your wallet.

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November 17, 2017, 08:12:06 PM
 #587

Bitcoin is better than cash. bitcoin is easier and safer. but bitcoin in general is not yet legal in government. still bitcoin and cash are very different principles. that's just my opinion
Bitcoin is not illegal. What you mean is that it is not considered as a legal form of tender in some countries. Though it is not considered as a legal tender, it can still be used for buying anything you want as long as the buyer is willing to accept the currency.

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November 20, 2017, 06:31:03 AM
 #588

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.Bitcoin is more useful than cash  also easy for transactions and payments like paying bills.

These are some random profitable aspects of bitcoin that you just have shared here with us. These aspects vary from person to person. What I think about bitcoin being better than cash is its safety and security while we are making transactions. Actually in current time, people mostly go for the securityrather any other feature. Bitcoin is amazing in its own kind and that makes it famous.
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November 20, 2017, 08:39:49 AM
 #589

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 bitcoin has a higher value when price of bitcoin is increase although bitcoin is good also for paying. bills and other electronic transaction no need to exchange money to the money changer.Bitcoin is more than better than cash. Because cash has a constant value bitcoin has a volatile value of you have a bitcoin it depends on the rate of bitcoin. What l love most of bitcoin one time when l need money the rate Of bitcoin is very expensive my bitcoin multiply into 10 times.So from then l've known it's really good to have a savings of bitcoin. It gives joy to every heart especially the people like me who only just hope for its income. Bitcoin gives life, gives cash, gives everything. I am satisfied if l have bitcoin. Bitcoin can provide all what's l need soon if l have savings l will save bitcoin for my kids.
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November 20, 2017, 08:47:08 AM
 #590

In my opinion, Bitcoin is not better than cash. In terms of value, Yes bitcoins has the best value but if you are going to look at the fiat still everyone is using it and capable of earning this coins that's why cash is still better than bitcoins.
WannaCry
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November 20, 2017, 08:51:51 AM
 #591

Bitcoin is better than cash for 2 reasons. The first reason is the utilization and accessibility inside the internet. Bitcoin gives ease when it comes to using it in buying things online. The second is bitcoin's value increases from time to time which makes it a good investment, unlike money that is consistent.
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November 20, 2017, 08:52:33 AM
 #592


Bitcoin can be traded globally. Bitcoins have low fees. Bitcoin is not government-controlled, so the value of bitcoin increases. Bitcoin has a high investment value. Bitcoin is easy to use. Smiley

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November 20, 2017, 08:56:43 AM
 #593

your right bitcoin is safe then when you put your bitcoin in your digital wallet the price of it will grow up so fast and you can sell it in high price so you earn bitcoin  unlike in the bank its very small interest.
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November 20, 2017, 09:27:54 AM
 #594

Cash is the tangible asset. You can easily use it at any time . bitcoin is not tengible . it cannot be touched . but it is safe  than cash . bitcoin price increasing but cash never be increased . if you saving cash it will never be double but if u saving bitcoin it will turn into double . so I think bitcoin is better than cash.

And because the higher ups like to touch things that are really meant for people, the blockchain is a bad choice for them. The reign for the people who take advantage and of this and the present system of the government can be rewired by the blockchain. This freedom is so terrifying that they are  getting pump up by cryptocurrencies issues. The world is changing and BTC can make the system much better than the cash did.
Here is satoshi Whitepaper for more details of technical aspects of BTC: https://bitcoin.org/bitcoin.pdf

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November 20, 2017, 09:31:07 AM
 #595

I don't quite agree with bitcoin better than cash just because of the value of bitcoin is more than cash... The only reason that I think bitcoin is better than cash is it is much easier to carry and most importantly to foreign country without hassle. As a lot of countries limit total cash can be carry in. Of course there will be a lot of other alternatives such as travel check, etc...
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November 20, 2017, 09:32:03 AM
 #596

In my opinion bitcoin is better than cash because of its value and it was easier to earn by working on bounty campaigns rather than working on the corporate world. I hold my coins to earn more profit in the future and that is the advantage of having bitcoins.

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November 20, 2017, 10:48:01 AM
 #597

Bitcoin is also better than cash. Because bitcoin has a less volatile than cash. Bitcoin can be used all over the world without have a conversion process..
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November 20, 2017, 10:57:34 AM
 #598

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.


[/centerr]
The reason why bitcoin is better than cash is bitcoin can increase its true currency price time by time,Not like cash because cash can be burried,expire,steal,and lost its value,not like bitcoin.You can invest and deposite in every where in terms of media and gadgets.

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November 20, 2017, 11:16:10 AM
 #599

I don't think bitcoin is better than cash CURRENTLY in terms of payment for services and goods. Right now, bitcoin is better used as an investment. Using bitcoin to pay for things would decrease the growth factor of your investment.

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November 20, 2017, 11:20:54 AM
 #600

because bitcoin can use overseas, you can use the bitcoin in every part of the world. but some country do not accept bitcoin money because they not consider as an exchange or trade like china i guess.
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