Bitcoin Forum
November 01, 2024, 03:51:06 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 [37] 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 »
  Print  
Author Topic: Why Bitcoin is better than Cash.  (Read 13784 times)
Flor1982
Full Member
***
Offline Offline

Activity: 714
Merit: 100


View Profile
December 06, 2017, 02:43:04 AM
Last edit: December 06, 2017, 08:11:27 AM by Flor1982
 #721

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 cannot be better than cash because not all people in the world know how to use bitcoin unlike cash it can be easily use by anyone including the children. The reality is bitcoin is nothing without the dollar bills, if dollar will not accept to be converted by bitcoin do you think bitcoin will ever exist? Bitcoin is better than cash but only for investment because we invest in bitcoin just to earn more dollars.
Angi
Full Member
***
Offline Offline

Activity: 560
Merit: 100


View Profile
December 06, 2017, 02:43:10 AM
 #722

For me i cant say that bitcoin is better than cash  because  until now we use cash for our daily needs  we cant buy anything without cash specially in the small businesses  like small markets and groceries .In other country  they used already bitcoin  on their daily needs .Bitcoin is very popular when it comes in businesses because the price of bitcoin is good  thats why many investor  wants to join   and invest .
MiF
Sr. Member
****
Offline Offline

Activity: 1442
Merit: 258


Reward: 10M Shen (Approx. 5000 BNB) Bounty


View Profile
December 06, 2017, 02:44:16 AM
 #723

It is better to have bitcoin than to have cash, bitcoin is much profitable and every year bitcoin increase the value no doubt that bitcoin raises the value into a million in some years, in cash theres no profit and it can easily use it and in short you cannot earn on just a simple cash if you did not use it in a nice way go buy some coins that you know it can profit in some years.

Yes I agree, me too choose bitcoin instead of cash. Why? Its just simple to answer, because bitcoin is more useful than cash. It is more useful because if there is something that we must pay our bill right this time then we can use bitcoin through this, we can use online especially if we really wanted to travel everywhere and book a ticket then you can use this. You can use bitcoin in online purchasing if there are thing you wanted to buy, then you can buy it online.

KevinHD
Member
**
Offline Offline

Activity: 232
Merit: 11


View Profile
December 06, 2017, 03:20:09 AM
 #724

Although Bitcoin reached and can reach up so high and is safe and secured. Cash is more advisable to use because not the most people are in to technology and know Bitcoin and cryptocurrency. And, bitcoin is still a silent business to have. Thus, fiats, for now, are still better and much convenient.
dr.cheema
Full Member
***
Offline Offline

Activity: 840
Merit: 117


View Profile
December 07, 2017, 09:13:07 PM
 #725

Bitcoin is better than cash Because Bitcoin Price insanely Rising.
Right now at $16,497 And Still Rising.
lenovo16
Full Member
***
Offline Offline

Activity: 210
Merit: 120


View Profile
December 07, 2017, 09:21:56 PM
 #726

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 much better than cash because it can be grow in your wallet without doing anything unlike the cash. Aside from that the value of bitcoin is unstable it is good when the value is high, and not much good if the value is low.  Addition to that is bitcoin can serve as you asset and investment while in cash just only an assets.
Cling18
Full Member
***
Offline Offline

Activity: 1708
Merit: 126


View Profile
December 07, 2017, 09:22:15 PM
 #727

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.


I prefer bitcoin though I believe that cash is still necessary because bitcoin strikes it's high value for just a short period in time. By just keeping it, we can double the money that we have. Also, bitcoin transactions are easier and more convenient. Through bitcoin, we'll have the best and high profit that we may keep as our earnings for the future.
hangar18
Hero Member
*****
Offline Offline

Activity: 676
Merit: 500


View Profile
December 07, 2017, 09:26:58 PM
 #728

It is better to have bitcoin than to have cash, bitcoin is much profitable and every year bitcoin increase the value no doubt that bitcoin raises the value into a million in some years, in cash theres no profit and it can easily use it and in short you cannot earn on just a simple cash if you did not use it in a nice way go buy some coins that you know it can profit in some years.

Yes I agree, me too choose bitcoin instead of cash. Why? Its just simple to answer, because bitcoin is more useful than cash. It is more useful because if there is something that we must pay our bill right this time then we can use bitcoin through this, we can use online especially if we really wanted to travel everywhere and book a ticket then you can use this. You can use bitcoin in online purchasing if there are thing you wanted to buy, then you can buy it online.
You have to remember these things are the future of Bitcoin if Bitcoin can be legal and all retailer accept Bitcoin for payment. Currently, there are many retailers, countries do not accept Bitcoin or cryptocurrency. Even Paypal, just some retailers know it and accept this digital currency for payment.
Gildorian
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
December 07, 2017, 09:28:02 PM
 #729

A few benefits of using bitcoins which make it better than any conventional currency;

It’s faster, cheaper, more secure and immutable. Cash is controlled by banks while bitcoin has owners.As we already know, Bitcoin can help us do online shopping. It’s like an e-wallet which can be created blockchain technology to store, track and spend digital money.Bitcoin has a global acceptance and is less volatile than cash / local currency. Due to this feature, it becomes easier to conduct transactions across boundaries and online.
Glaurung
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
December 07, 2017, 09:32:28 PM
 #730

A few benefits of using bitcoins which make it better than any conventional currency;

It’s faster, cheaper, more secure and immutable. Cash is controlled by banks while bitcoin has owners.As we already know, Bitcoin can help us do online shopping. It’s like an e-wallet which can be created blockchain technology to store, track and spend digital money.Bitcoin has a global acceptance and is less volatile than cash / local currency. Due to this feature, it becomes easier to conduct transactions across boundaries and online.
I want to add something that no real way of keeping a track of conventional currency the underlying technology behind bitcoin, which is, blockchain is what makes or breaks it. Thousands of computers in a distributed network use cryptographic techniques to create a permanent, public record of every single Bitcoin transaction that has ever occurred. This record will be very valuable for various things besides tracking payment. While there is no real way of tracking cash.
mward19
Newbie
*
Offline Offline

Activity: 26
Merit: 0


View Profile
December 07, 2017, 09:35:09 PM
 #731

no tracking
less fees
plus if u live gambling u may make 2x ur money in a week
Glorfindelian
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
December 07, 2017, 09:45:02 PM
 #732

Bitcoin is peer-to-peer and open, yet secure and nearly frictionless bitcoin allows exchanging value over the internet without any intermediary and gives its users access to their balance through a password known as a private key. So it’s private, secure and at the same time,open. 
Helcaraxe
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
December 07, 2017, 09:59:47 PM
 #733

I think the best part is that there are no boundaries to bitcoin or cryptocurrency. No exchange values and no third party interventions. Bitcoin provides seamless transactions across nations with a ledger being maintained at the backend.
twicezeroiszero
Hero Member
*****
Offline Offline

Activity: 840
Merit: 500

Borderless for People, Frictionless for Banks


View Profile
December 08, 2017, 03:45:57 PM
 #734

A few benefits of using bitcoins which make it better than any conventional currency;

It’s faster, cheaper, more secure and immutable. Cash is controlled by banks while bitcoin has owners.As we already know, Bitcoin can help us do online shopping. It’s like an e-wallet which can be created blockchain technology to store, track and spend digital money.Bitcoin has a global acceptance and is less volatile than cash / local currency. Due to this feature, it becomes easier to conduct transactions across boundaries and online.
I want to add something that no real way of keeping a track of conventional currency the underlying technology behind bitcoin, which is, blockchain is what makes or breaks it. Thousands of computers in a distributed network use cryptographic techniques to create a permanent, public record of every single Bitcoin transaction that has ever occurred. This record will be very valuable for various things besides tracking payment. While there is no real way of tracking cash.
I love it because it is transparent, there is no lie here (just in the transaction and the blockchain).
Although humans can take advantage of the nature of the blockchain to carry out activities such as crime, bribery or money laundering, but the nature of the blockchain is forever fresh.

Tra

                             ╓███▄
                            ]████▌
                            ]███▀
         ╓▄▄█████████▄▄    ,▄█▀  
      ▄████▀▀█████µ   `▀▓██▀`    

    ╓████╜   ╙███████▄▄█▀▀`▀▄    
   ]███▌        "▀██████▌    ▓Ç  
   ]███        ,▄█▀" ▀████   ]█  

    ▓██      ▄█▀▀     ▓███▌  á█  
     ▀██╖ ╓▄█▀        ▓███▌ ▄█▌  
       ▀███▒         ╓███████`   

     ,▄██╜"▀▀█▄▄▄▄▄▄▄████▀▀      
   ,▄██▀                         
  ▄██▌                           

╓████▌                           
█████┘                           
 ▀▀▀                             
ion
███
███
███
███
███
███
███
███
███
███
███
███
███
███
 Transitions You to A Crypto-ready Society 

Github   Telegram   Medium   Facebook   Twitter   Reddit   Youtube
 TRADE AND EARN DURING PRE-ICO 
u
\ \ \ \
/ / / /
PRE-SALE STARTS APRIL 15, 2018
/ / / /
\ \ \ \
u
███
███
███
███
███
███
███
███
███
███
███
███
███
███
ModGirl
Sr. Member
****
Offline Offline

Activity: 602
Merit: 250


View Profile
December 09, 2017, 08:21:38 PM
 #735

Bitcoin is constantly superior to money. To our bitcoin earnings,we are not responsible on administration and we compelling reason not must pay expenses unless it will be legalized in the specific nation. For bitcoin,we Might undoubtedly send colossal sums for cash for altogether low expense In secondary velocity. With bitcoin,our cash esteem increases,but with cash,our cash Exactly stays unmoving pulley.

Bitcoins has both pros and cons.

Pros:
Deflationary curremcy
Decentralized
Not controlled by banks
Minable
Ability to buy "stuff" with btcoin
Even appreciating in value
Tradable and transferrable across the world without fees

Cons:
Only vitual: You lose bitcoin if you lose password/private key
Suscetible to forks
Highly volatile
Need to be tech savvy and keep regularly updated about whats happening
some aspects can be too complicated - paper wallet, cold storage etc
Yes Bitcoin is more superior to cash. Bitcoin has good features and unique characteristics. Like that it is decentralized, not control by any person and there is no fear of theft. Cash needs to safe in banks, which waste processing time and involve fees. Those countries who legalized the Bitcoin will consider better than cash so yes bitcoin is the world’s best currency that is the number one currency. 
twicezeroiszero
Hero Member
*****
Offline Offline

Activity: 840
Merit: 500

Borderless for People, Frictionless for Banks


View Profile
December 15, 2017, 11:55:12 PM
 #736

Bitcoin is constantly superior to money. To our bitcoin earnings,we are not responsible on administration and we compelling reason not must pay expenses unless it will be legalized in the specific nation. For bitcoin,we Might undoubtedly send colossal sums for cash for altogether low expense In secondary velocity. With bitcoin,our cash esteem increases,but with cash,our cash Exactly stays unmoving pulley.

Bitcoins has both pros and cons.

Pros:
Deflationary curremcy
Decentralized
Not controlled by banks
Minable
Ability to buy "stuff" with btcoin
Even appreciating in value
Tradable and transferrable across the world without fees

Cons:
Only vitual: You lose bitcoin if you lose password/private key
Suscetible to forks
Highly volatile
Need to be tech savvy and keep regularly updated about whats happening
some aspects can be too complicated - paper wallet, cold storage etc
Yes Bitcoin is more superior to cash. Bitcoin has good features and unique characteristics. Like that it is decentralized, not control by any person and there is no fear of theft. Cash needs to safe in banks, which waste processing time and involve fees. Those countries who legalized the Bitcoin will consider better than cash so yes bitcoin is the world’s best currency that is the number one currency.  
Because transfer Cash, you need to verify your amount before send your amount to someone.
Beside that, it also needs you spend a lot of money for transaction, it is worse than Bitcoin while Bitcoin can provides a service global transfer money with low fees and short time confirmation.

Tra

                             ╓███▄
                            ]████▌
                            ]███▀
         ╓▄▄█████████▄▄    ,▄█▀  
      ▄████▀▀█████µ   `▀▓██▀`    

    ╓████╜   ╙███████▄▄█▀▀`▀▄    
   ]███▌        "▀██████▌    ▓Ç  
   ]███        ,▄█▀" ▀████   ]█  

    ▓██      ▄█▀▀     ▓███▌  á█  
     ▀██╖ ╓▄█▀        ▓███▌ ▄█▌  
       ▀███▒         ╓███████`   

     ,▄██╜"▀▀█▄▄▄▄▄▄▄████▀▀      
   ,▄██▀                         
  ▄██▌                           

╓████▌                           
█████┘                           
 ▀▀▀                             
ion
███
███
███
███
███
███
███
███
███
███
███
███
███
███
 Transitions You to A Crypto-ready Society 

Github   Telegram   Medium   Facebook   Twitter   Reddit   Youtube
 TRADE AND EARN DURING PRE-ICO 
u
\ \ \ \
/ / / /
PRE-SALE STARTS APRIL 15, 2018
/ / / /
\ \ \ \
u
███
███
███
███
███
███
███
███
███
███
███
███
███
███
Gladz29
Full Member
***
Offline Offline

Activity: 238
Merit: 101



View Profile
December 16, 2017, 12:06:17 AM
 #737

It's always satisfying to listen to the benefits of this 2.0 lol currency. And in addition to saying that btc does not suffer of the inflation in contrast to fiat currencies, it must also be remembered that it may also be subject to deflation...
Bitcoin for now is better than cash because the value of bitcoin is so high.  Now a days more of people using bitcoin.  If you have bitcoin right now you used it to buy things.
Fundamentals Of
Sr. Member
****
Offline Offline

Activity: 2380
Merit: 366


View Profile
December 16, 2017, 12:15:23 AM
 #738

As for me Bitcoin is so much better than cash because cash is very limited in its use. It cannot be worldwide. When you leave your country and spend your vacation somewhere else in the world, your country's cash will no longer be acceptable. You will be forced to look for money exchangers and convert your cash to another set of bills of the country you are in. With Bitcoins, it will not be the case. Bitcoin remains accetable globally.
kotajikikox
Full Member
***
Offline Offline

Activity: 2562
Merit: 218



View Profile
December 16, 2017, 12:27:17 AM
 #739

Can't believe bitcoin is better than cash we should know bitcoin have huggable price in the market and holding bitcoin for long term is very profitable. Fiat are recognized in the whole world but bitcoin today have many question for legality in many country but i believe later on bitcoin become legal all over the world i think that time bitcoin replace the cash money but today i disagrre on that idea because cash are common use of people to buy anything.

Scripture
Full Member
***
Offline Offline

Activity: 1303
Merit: 128


View Profile
December 16, 2017, 12:35:47 AM
 #740

In terms of saving cash vs. holding bitcoin, id rather choose on investing bitcoin because cash that is usually been saved into banks has low interest rate in a long range of time while bitcoin can earn high in just one month of holding ( if you are lucky enough that its price gets high. it is so volatile tho)
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 [37] 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!