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Author Topic: Why Bitcoin is better than Cash.  (Read 13740 times)
natka
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December 29, 2017, 04:11:58 PM
 #821

Bitcoin has many advantages. Obviously, when it is possible to use bitcoin in all spheres, it will be generally remarkable. Still, very few people know about bitcoin, but everything is ahead, even yesterday I also did not know, but today I already use bitcoin.
dr.cheema
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December 29, 2017, 11:12:39 PM
 #822

Here is some reasons, why Bitcoin Is better than cash:
-> Bitcoin is digital and decentralized
-> Ease of online shopping
-> Less volatile than cash
-> No real way of keeping a track of conventional currency
-> Great tool for investment
-> Bitcoin is peer-to-peer and open, yet secure and nearly frictionless
-> Duplication impossible
-> Great way of maintaining records for tax purposes
-> Transnational digital currency
MetalGear
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December 29, 2017, 11:42:21 PM
 #823

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.


Indeed. Some people say that bitcoin is better than cash is because it can be in all kind of transactions especially on online. On the the other hand, bitcoin is also kind of electeonic money where you can used as investors and where you could make and earn huge amount of money.
moli1
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January 02, 2018, 07:02:05 PM
 #824

The second day of the new year sees cryptocurrency markets come back after another holiday slump over the past few days.
Bitcoin core markets are up 4 percent, averaging between $14,600-14,800 across global exchanges.
However many other digital assets are seeing more significant gains as ethereum and bitcoin cash markets have risen 13-18 % during the morning of January 2...
trolliban
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January 02, 2018, 07:02:58 PM
 #825

As of now i dont think is better than cash, I see it as another way to have money, i dont need to explain anyone why and how I earned my btc and i can exchange them for money at any time, it will be better than cash once it becomes global
hybie22
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January 09, 2018, 02:09:49 AM
 #826

We can not say that bitcoin is better than money or money is better than bitcoin . Because both of these are termed as currencies and they have totally different features .
kumarrajuiitd
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January 09, 2018, 02:38:04 AM
 #827

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 former is digital and decentralized, no carrying cost is there in bitcoin, each and every bit of transaction can be monitored which  increases its security features, duplicate of fake bitcoin generation is almost impossible, fast transaction rate, 24 transaction so bitcoin is better
kaliukvictoriya42
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January 13, 2018, 09:18:04 PM
 #828

 Bitcoin changes its value from tine to time just like currencies of every country.
coinforlife123
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January 13, 2018, 10:53:28 PM
 #829

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.


awesome read
tententen
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January 13, 2018, 11:16:02 PM
 #830

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.



Why it's worse: If the internet goes down, it's unusable.

Also, high fees vs actually free transfers (security risk being a real cost that im not including).
Bounty-Manager
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January 14, 2018, 12:40:59 AM
 #831

Absolutely right Bitcoin is better than cash. Bitcoin is usefull like cash you can also purchasing something on internet. Easy to get it by mining, trading, or investing. No doubt that the value of Bitcoin is higher than any cash.
BobbyZounours
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January 14, 2018, 01:05:47 AM
 #832

Bitcoin is always better than cash because right now we can easily do payments in online without any delays. The Bitcoin transaction is very fast and secure while purchasing products and many other services.
ross09
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January 14, 2018, 02:04:41 AM
 #833

It is always better, digital currency has a lot more potential than the physical cash or the paper currency. The problem is that bitcoin is not legalized in all countries and its use to everyday living is limited.
Yes it is true that bitcoin is a digital currency that is supported by the blockchain so it has a pretty strong security and are more likely to develop. miners and developers concerned with bitcoin forming hard or fork called bitcoin cash working transparently. It also has raised concerns about the security of the bitcoin cash. so safety is superior in the bitcoin.
Bitcoin is digital and decentralized...With Bitcoin people get the liberty to exchange value without intermediaries which translate to greater control of funds and lower fees. It’s faster, cheaper, more secure and immutable. Cash is controlled by banks while bitcoin has owners.Less volatile than cash: 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 more importantly  Duplication impossible... There is no way of duplicating a bitcoin, unlike cash...
dx_twisted
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January 14, 2018, 02:16:32 AM
 #834

Digital money always has more potential than cash or paper money. It is used all over the world.

Not definitely, there are countries who doesn't have access with internet. Even if they do, there are sites that were being banned, others have restrictions. Large nations such as China were keen to banned cryrptocurrencies, Bitcoin in general. And with China's population that is over a billion, that's 1/4 of the world market cryptos were losing. As long the awareness of general public increasea, there are institutions, financial and governments that will take such actions for Bitcoin to not take fully over with fiat money. Yes, the potential with cryptocurrencies is given, but as long there are people who don't have any interest with everything going digital, cash or physical money will still be better than Bitcoin.
moli1
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January 14, 2018, 10:37:05 AM
 #835

What an incredible year 2017 was for cryptocurrencies. Having begun the year with a combined market cap of less than $18 billion, the aggregate value of all virtual currencies by year's end hit $613 billion, representing a better than 3,300% increase.
Cryptocurrencies soared even more to begin 2018, hitting an all-time aggregate market cap high of $836 billion on Jan. 5, before losing a little bit of steam.
These are essentially lifetime gains for investors that have been crammed into a span of just 52 to 53 weeks!
Yet, what's really interesting is that bitcoin, the world's most valuable and popular cryptocurrency, wasn't a primary focus in 2017. Rather than investors flocking to bitcoin, the goal among digital currency investors became to find the next bitcoin.
As a result, a number of burgeoning cryptocurrencies ran circles around bitcoin last year.
In particular, Ethereum, Ripp, Litecoin, and Dash were veritably unstoppable, with respective gains of 9,383%, 36,564%, 5,260%, and 9,282%!
adjong
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January 14, 2018, 11:18:34 AM
 #836

bitcoin is better than cash because the bitcoin operates on any site you are in and it also pays to another company and does not look for another currency. I can say that bitcoin is better than cash because bitcoin is the payment I am investing in . and bitcoin value is also bigger than cash.
blacktajin
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January 14, 2018, 11:21:32 AM
 #837

Bitcoin is virtual currency but cash is fiat, so I think rather than fiat, virtual is the best currency to carry forward.virtual currencies balance is always with me, if I have device and Internet.virtual is more than safe than cash currency..
alyssaxx
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January 14, 2018, 11:25:20 AM
 #838

In bitcoin, you can manage your money, you can withdraw the money you just need, in cash, its hard to save because you have it in your hand.
Kim Domingo
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January 14, 2018, 11:25:54 AM
 #839

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.


Well, all you have stated are accordingly to be so true based on what I have known about Bitcoin and also that was been my experiences upon using Bitcoin for about how many months getting engage with this crypticurrency. Bitcoin in some manner was really much more beneficial than physical money or cash especially when it comes to benefits regarding the price and the potentiality to even grow and provide various benefits needed that attracts people to get engage with it.

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longskie0327
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January 14, 2018, 11:34:04 AM
 #840

Bitcoin is more accessible and convenient anytime,anywhere, without so much hassle and conflict like that of bank, it is much safer and secure, you can use it when you need to pay, to purchase and transfer money to your love ones just be careful though for as long as it is in your wallet it stay there.
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