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Author Topic: Why Bitcoin is better than Cash.  (Read 13740 times)
lillyann
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February 04, 2018, 11:32:30 AM
 #881

Bitcoin is a blessing to us all. People will consciously invest and earn big money. Even without investment, you can earn money. We devote our time to campaigns.
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Karpatyse
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February 04, 2018, 11:36:59 AM
 #882

Bitcoin is deflational
This means, that supply is limited and noone can just print more money
In the USSR there was a day, when the goverment decided to divide the value of it’s official currency by 10. With Bitcoin it’s not possible
Yunkathu
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February 04, 2018, 11:38:04 AM
 #883

Western union or other similar services usually take 1–5% for a transfer of money
With the Bitcoin the usual transaction fee is a couple of cents and you can even pay less if you’re not in a hurry
Ielenia
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February 04, 2018, 11:43:33 AM
 #884

Transferability:

The usual transaction time is negligible (<1s)
But if your transaction is extremely important you need to wait for 6 blocks (6 confirmations) which is usually around 1 hour
snazir
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February 05, 2018, 01:23:07 AM
 #885

Bitcoin is always good for our country.
It is Regular better than Cash. It does not have to be a accountable government. We are not Responsible to government and we need not pay this taxes, just like we have to pay _ Bank, bkash, Dutch Bangla etc.
So Really Bitcoin is the better then cash.
benteng
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February 05, 2018, 01:53:09 AM
 #886

Bring and keep cash in big amount is risky  especially while going around like picnic or travelling.
We can be robbed and it is not safe.
If someone brings n keeps bitcoin to pay something will be more practical, fast, safe, no exchange fee, and so on. As digital money  it is supported by technology and will bring more other benefits to us and also to economic activity daily.
Shakawat
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February 05, 2018, 06:01:35 AM
 #887

I think bitcoin is much better than cash because it is safer than cash. besides, the government doesn't have any control over it.
btcjocan
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February 05, 2018, 06:09:34 AM
 #888

If we take a look at the price of the bitcoin we can really see that its volatility give as an opportunity to gain in a verry simple way which is buy and selling and i believe that holding bitcoin is also profitable startegy because  we can really sellect the corresponding price on what time will be the right time to sell. While  in money we cannot really gain in holding because it is really design with the stable value and price.
Rosilito
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February 05, 2018, 06:21:49 AM
 #889

I agree on what have you said though bitcoin is pretty much convenient than a real money we cannot still depend on bitcoin because bitcoin is not an advisable thing for you to depend through out the time since bitcoin is decentralized it will disappear over a time even in the situation it would happen with.
DoublerHunter
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February 05, 2018, 06:46:34 AM
 #890

I agree on what have you said though bitcoin is pretty much convenient than a real money we cannot still depend on bitcoin because bitcoin is not an advisable thing for you to depend through out the time since bitcoin is decentralized it will disappear over a time even in the situation it would happen with.
Bitcoin is on a high volatility and that is not a good thing for us to just put our full time in cryptocurrencies because they will not give us consistent profits since the market can go up really high and go down really deep which is not a good thing for us to imagine because that is not a good sign for a source of income.
ApocalypseNow
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February 05, 2018, 06:49:56 AM
 #891

The physical cash will always be counterfeited by highly organized syndicates like they always do while our bitcoin  cannot be counterfeited and every transaction is recorded so they can't really do nothing to manipulate it.
dvillier
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February 05, 2018, 06:53:51 AM
 #892

The value of the cash is considerable to fix, while the value of the bitcoin is not fix. The value of the bitcoin raised and some time fall too. Therefor the bitcoin is better because if you buy bitcoin today and hold it for a time it, when the value of the bitcoin is go high then use these bitcoin, in this way you will earn good income. In this people are earning good with bitcoin while the cash does not generate income because the value of the cash is considerable to fix.
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February 05, 2018, 06:58:17 AM
 #893

You know, now bitcoin is not accepted by too many countries, but cash is essential for everyone, and now, not many people know bitcoin.
Tungsten-1
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February 05, 2018, 06:34:12 PM
 #894

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.
A lot of people trust banks over BITCOIN and cryptocurrency thanks to the assets backing fiat vs cryptocurrency
I agree that a lot of the people still trust the banking system over the block chain system, but I think the block chain system is better because in block chain system, you are always safe from the inflations of the currency due to wrong policies of the government, in crypto you are only vulnerable to the market capacity and the volume because these are the basic items which decide the worth of that currency.
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February 05, 2018, 06:51:31 PM
 #895

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.
A lot of people trust banks over BITCOIN and cryptocurrency thanks to the assets backing fiat vs cryptocurrency
I agree that a lot of the people still trust the banking system over the block chain system, but I think the block chain system is better because in block chain system, you are always safe from the inflations of the currency due to wrong policies of the government, in crypto you are only vulnerable to the market capacity and the volume because these are the basic items which decide the worth of that currency.
Well I agree on that I believe that there are many advantages of using bitcoin than cash one of is the price of the bitcoin if we buy bitcoin during low price and wait for the right time to sell maybe we can gain through holding it in a few days that was really because of the unstable price that really gives a s an opportunity to earn.
ayeba
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February 12, 2018, 05:10:27 AM
 #896

I think bitcoin is much better than cash. It's safer than cash. besides, the government doesn't have any control over it. For 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, money value increases but with cash money just remains.
cryptosabbir120
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February 12, 2018, 07:09:35 AM
 #897

Bitcoin is better than cash because the cash does not give us any bonuses, we get a profit when i have bitcoin. Bitcoin is a currency whose value increases and decreases. If we sell increases moment, we will get the benefit if we sell it.
icocash
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February 12, 2018, 07:25:24 AM
 #898

Bitcoin is a Digital asset for future that is no doubt Cool
trinhan1988
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February 12, 2018, 07:36:51 AM
 #899

Bitcoin is more convenient than cash for the following 3 reasons:
1. Bitcoins are not inflated by the government, the bitcoin value is increasing over time as its limit is only 21 million in volume.
2. Easy to exchange when traveling through countries accepting payment of goods by bitcoin.
3. Fast, no fees and the government does not know what your income is so it can not tax your income.
Andruha1993
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February 12, 2018, 07:47:44 AM
 #900

I think bitcoin is much more convenient than cash:
-Because by earning bitcoin we do not pay taxes to the state;
-Bitcoin is much easier to make payments and transfers;
-The same can be easily invested.
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