Why Bitcoin is better than Cash.

[luka red]

cryptocurrency is better than cash.there are some reasons..

 It is faster, cheaper, more secure. cash is controlled by banks while bitcoin has owners.

it becomes easier to conduct transactions across boundaries and online.

there is no way of duplicating a bitcoin, unlike cash.

[haster100]

Bitcoin is better than real money, but in my country bitcoi can only be used as an investment, real money is still better than bitcoins if they are used as a means of payment.

[Chiggins]

We know that bitcoin is more useful and one of the best currency in the world. I agree with you bitcoin is better than cash. It is more secure ans safest currency. If we hold bitcoin in future we must get enough money. Because the price of bitcoin is increasing day by day.

Actually in modern time the number of bitcoin users are increasing and specially the young generation are now giving more prerference to bitcoin which is the reason that we can consider bitcoin as best than cash. In modern time the concept of cash is now decreasing.

[dr.cheema]

Bitcoin Going back to his normal Position.
BTC Will be achieve $20k very soon. It will take some time.
By the way Bitcoin Is better than Cash Because day by day BTC rising.

[wazir101]

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.

[Rascar Capac]

Bitcoin is better because it is decentralized and it provides anonymity. Whatever cash we mention, it is based on bias and corruption of that country.

[Chainblock]

You'll gain big at bitcoin while cash is still the same as amount that you are holding. Bitcoin has a high value.
While fiat money or cash are just a pieace of paper that you can purchase products.

[Captimiz]

Cash exists as a fiat currency, under full governmental control. So if the government wanted, they could simply print another $10000000 whenever they wanted. With Bitcoin, you don't have this problem, as the algorithm is incredibly secure and currency can only be earned by mining (ignoring the possibility of a highly unlikely 51% attack). Also, unlike physical cash bitcoins are non-refundable, eliminating the possibility of a fraudulent refund.

OF course, with cash you have zero transaction fees and the exchange is instant. With bitcoins, transactions take quite a while if waiting for multiple confirmations and with smaller transfers the transaction fee can be bigger than the amount paid. So bitcoins are more appropriate for bigger amount of money.

[javalemcgee]

Cash exists as a fiat currency, under full governmental control. So if the government wanted, they could simply print another $10000000 whenever they wanted. With Bitcoin, you don't have this problem, as the algorithm is incredibly secure and currency can only be earned by mining (ignoring the possibility of a highly unlikely 51% attack). Also, unlike physical cash bitcoins are non-refundable, eliminating the possibility of a fraudulent refund.

OF course, with cash you have zero transaction fees and the exchange is instant. With bitcoins, transactions take quite a while if waiting for multiple confirmations and with smaller transfers the transaction fee can be bigger than the amount paid. So bitcoins are more appropriate for bigger amount of money.

That 51% attack is not that possible really, especially while the price is around $15-20k and above. I believe bitcoin is not better than cash money, but it will gain importance against cash money in the future.

[BlackBeauty]

Cash exists as a fiat currency, under full governmental control. So if the government wanted, they could simply print another $10000000 whenever they wanted. With Bitcoin, you don't have this problem, as the algorithm is incredibly secure and currency can only be earned by mining (ignoring the possibility of a highly unlikely 51% attack). Also, unlike physical cash bitcoins are non-refundable, eliminating the possibility of a fraudulent refund.

OF course, with cash you have zero transaction fees and the exchange is instant. With bitcoins, transactions take quite a while if waiting for multiple confirmations and with smaller transfers the transaction fee can be bigger than the amount paid. So bitcoins are more appropriate for bigger amount of money.

That 51% attack is not that possible really, especially while the price is around $15-20k and above. I believe bitcoin is not better than cash money, but it will gain importance against cash money in the future.

Bitcoin is better than cash for those who know about online work because bitcoin is safe than cash and its transaction is more easy than cash specially those people who have online business and they can online shopping.

[Crypto-mim]

To purchase big amount cash is risk. In the other hand, purchasing with bitcoin is safe.
1. Your deal is secret.
2. Govt. do not disturb.
3. Purchasing with in second.
4. No risk for stolen or hijacking.

[Bituwang]

With all due respect, bitcoin is next to useless for everyday or small  to medium scale transaction in its current state. The transaction cost is way, way too high and the transaction time if you opted for no fee is ridiculously long. I prefer cash or my debit card in all those cases.

[Malintha1996]

Earlier  someone had asked the opposite of this question .Fiat currency is better than crypto currency because crypto currency is decentralized .There are no leagal actions in case of a criminal activity.In terms of benifits of crypto currency over fiat currency,less fee for transactions,no need of taking care of any over sea regulations etc. can be considered.

[dupee419]

Maybe because if you have a bitcoin into your wallet he can give you a profit because bitcoin is volatile and the movement is always changing very quick sometimes increasing, sometimes decreasing i will give you a example why the bitcoin is better than the cash. Example previously you have a 1BTC in your wallet and the equivalent of 1BTC is 20k and now if you 1BTC the equivalent is 700k or more and if you have a cash on your wallet it will never be change right?

[CryptoKarim]

You can't have counterfeit bitcoin but you can have counterfeit cash.

[Bituwang]

Fiat currency is better than crypto currency because crypto currency is decentralized .There are no leagal actions in case of a criminal activity

Whoever told you that is an idiot.

[retnoanjani]

bitcoin does have all the advantages mentioned OP. However, it will not work if there is no internet. That is why there is no better between fiat and bitcoin, this is not competition, fiat and bitcoin complement each other to make the transaction better.

[glgeux]

I agree with all your reasons, you summarized all pretty well

[Hanako]

As far as I know bitcoin is better than cash that because the value of bitcoin is increasing and you can make profit from it at the same time you can have secured bitcoin since its has a password so nobody can stole it from you  bitcoin can save and earn money. You can change bitcoin to cash so you can get high profit.

[emanbea07]

For me why poeple choose a bitcoin than cash. Because bitcoin is easy to manage and easy to hundle and no corruption and most important is easy transaction and if you have a bill is easy to pay a bill and cashless are flexible to transfer money if you have a big bitcoin.