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Author Topic: Why Bitcoin is better than Cash.  (Read 13512 times)
biboy
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December 25, 2017, 03:09:09 PM
 #801

I believe bitcoin is better than cash because all work on bitcoin is online and we create our own wallet online which we have a secret password or other many option choice to keep  bitcoin safe. While there is fear of loss in cash.

That is one thing I love about bitcoin that unlike cash its value is really increasing, we have money as well as investment and yes we don't have any boss since we are creating our own fate here we are the boss and we are just like having our own company where in we are putting our own strategy on it.
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There are several different types of Bitcoin clients. EWallets such as Coinbase are like banks -- a central organization has complete control over your money. You shouldn't put much money in EWallets.
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yhan2x
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December 25, 2017, 03:11:28 PM
 #802

I think cash is better than bitcoon. Because bitcoin is a digital currency that helps a lot of needings. While cash is a true money that make you buy any kind of needed that you want.
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December 25, 2017, 03:23:57 PM
 #803

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.
Some people say they used bitcoin to buy their stuff.  But for me bitcoin and real money is the same.  The advantage of bitcoin is so high te value.  Everyone is dreaming of bitcoin including me.  But I hope bitcoin it became official currency in entire world.
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December 25, 2017, 03:33:50 PM
 #804

For me bitcoin is better than money because fiat money has fixed amount compared to btc which has capable to double its value from time to time, you don't need to work with full of passion and effort instead sitting pretty while waiting the fluctuations to rise up, Again im emphasizing this method, Because its the smartest way to invest nowadays, Everybody also witnessed how bitcoins work for us:)
Raisa263616
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December 25, 2017, 04:04:02 PM
 #805

Cash money always is not good.Cash money stay always same.But bitcoin price change every time.Bitcoin price rise up and fall down in any time.But anyone can gate milionaire in a small moment by his bitcoin.So bitcoin is better then cash i think.Thank you.

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December 25, 2017, 04:08:10 PM
 #806

Bitcoin is better than cash because it is an asset and an asset is what makes people rich. Unlike fiat money, bitcoin increases as the time does.

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December 25, 2017, 04:17:40 PM
 #807

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.


Thanks for this helpful benefits of bitcoin. It enlighten me a lot about the bitcoin and why it is better than cash. In addition bitcoins value grows down or grows up as the days, months and years pass by contradict to the cash where the value of it stays the same but change when the exchange value of it in different countries.
mithon2017
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December 25, 2017, 04:41:25 PM
 #808

Bitcoin is better than Cash. Because Bitcoin is one kinds of digital currency of online Market place.  It's use very easy better than Cash.
For Our Bitcoin earning, we are not accountable to government and we need not have pay taxes  unless it is legalized in others country.  With Bitcoin , we can send huge Mony any other place with very low fess high speed. More over with Bitcoin our money value increase. More than we also saving it online wallet and invest it. But with cash, our Money just remains idle. So Bitcoin is better than cash
rolls89
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December 25, 2017, 05:04:11 PM
 #809

Bitcoin always has and will have upper hand over physical cash in terms of security,easier management,easier accessibility from anywhere you are.Moreover there's always tax benefit unless it is legalized in your country.
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December 25, 2017, 05:10:50 PM
 #810

In addition, you can earn very well in bitcoin. And there are several options for how to do it. That's why bitcoin is so popular in the world, and it spreads more and more. It is necessary that as many people as possible know this information about the advantages of bitcoin, then its strengthening in the world economy will happen even faster than planned.
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December 28, 2017, 01:37:39 PM
 #811

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.
Cash is not able to provide you any kind of profit no matter for how long you hold it or wherever you hide it whereas bitcoin has great ability to make you rich just in few months simply by holding it in your wallet safely. Cash is now becoming old method of feeling rich whereas bitcoin is the latest trend and the future of the world economy. I am not in favor of using cash because it is not safe to take much cash with you.
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December 28, 2017, 01:49:09 PM
 #812

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 , and have the distributed peer-to-peer blockchain mechanism enforce title transfers in a provable, reliable way without any notaries. Wink
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December 28, 2017, 02:25:38 PM
 #813

The reason, many BTC players who switch to BCH. Supply and demand law also applies, BCH prices rise high.

Oscar added, there are a number of advantages possessed BCH so as to provide attraction for the virtual currency players. This condition can not be separated from the better technology.

"I think this is called the development of blockchain technology.These blockchain technologies are ultimately who leads the development (technology)
I think why people turn to Cash, because the transaction cost of cash is cheaper than using the others
dr.cheema
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December 29, 2017, 11:36:13 AM
 #814

BTC hit a new record high when it passed the $19,850 mark on 17 December, but tumbled rapidly soon after, falling to below $12,000 within days.

It’s worth $14,588 as of Friday, according to the Coinbase exchange.
ongels
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December 29, 2017, 11:41:41 AM
 #815

Bitcoin is better than cash because it is very efficient to use while you stay at home, you can used your btc to pay your bills without much effort to do, as long you have internet, just one click everything works accordingly. Bitcoin could also used as an asset where your money had a chance to goes up into twice or trice fold in just a short span of time. Smiley   
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December 29, 2017, 11:45:45 AM
 #816

Moreover there's always tax benefit unless it is legalized in your country.

I don't understand this.

There is no tax benefit, if Bitcoin is not legal in your country. In case the usage of Bitcoin is not legal, then the profits from BTC investment will be treated like regular income and you may need to pay full income tax over it. On the other hand, if Bitcoin is recognized as a legal asset, then you can get away with paying capital gains tax.

 
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Neddie1908
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December 29, 2017, 12:06:25 PM
 #817

Bitcoin is better than cash because in bitcoin your money could grow and if you have patience you will earn through the rise of bitcoin unlike cash, if you have cash, it will remain like that

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December 29, 2017, 12:42:47 PM
 #818

Bitcoin is better than cash because in bitcoin your money could grow and if you have patience you will earn through the rise of bitcoin unlike cash, if you have cash, it will remain like that

Well, I don't think so. Bitcoin and cash is same. You can earn and get a lot of profit if you able to use it in good way. Well, the only difference is the price. Bitcoin is decentralized and fiat is centralized and controlled by government. It means the volatility of bitcoin is so good and fiat is not. In bitcoin, You can gain a lot of money in a short period of time if the price is still increasing and that's not the characteristics of fiat. Bitcoin is for business purposes and fiat is just for our expenses.
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December 29, 2017, 12:47:51 PM
 #819

Bitcoin is better than cash at some instance and in some cases cash gets the priority. As it is decentralized and completely digital bitcoin doesn't need to be carried but can be accessed from any corner of the world, same time as it is completely functional on interconnected platform it has got high risk whereas such risk is not there with cash.

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btcminer6212
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December 29, 2017, 12:50:37 PM
 #820

Moreover there's always tax benefit unless it is legalized in your country.

I don't understand this.

There is no tax benefit, if Bitcoin is not legal in your country. In case the usage of Bitcoin is not legal, then the profits from BTC investment will be treated like regular income and you may need to pay full income tax over it. On the other hand, if Bitcoin is recognized as a legal asset, then you can get away with paying capital gains tax.
I think there are a lots of reason that it is better than cash.  In the bitcoin its no interest and taxes collects. And it has a faster transaction too in the negotiation unlike the cash its quite slow. Amd the bitcoin has a expensive value that the money is no match for him. that's why i think those are the reason that why the bitcoin is better than the cash.
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