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Author Topic: Why Bitcoin is better than Cash.  (Read 13740 times)
Alexis.Nick
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February 20, 2018, 07:24:44 AM
 #961

It is better than cash because it is all over the internet. Buy just one click you can buy something and send remittances. It is just like a instant money using your device.

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MinerOfTheYear
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February 20, 2018, 07:38:17 AM
 #962

Bitcoin is much more mobile. I can call Skype from here, from New York to a friend in Jakarta. I will see him in real time and hear, and he will also see and hear me - this is an amazing technological achievement. But if after the call I want to send him to Jakarta 1 cent, which I have in my pocket, and which I would easily give personally - we will not be able to do this. In the 21st century it is impossible to send 1 cent to Jakarta. First, sending will cost 50 cents, secondly, the operation will take a week and thirdly - there is no suitable system.
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February 20, 2018, 08:09:20 AM
 #963

Bitcoin and Cash are two different currencies and is part of two other worlds. The list you have given is informative and that is the advantages of Bitcoin over Cash. I still think that both can live together and coexist with each other as two different currencies in the real world and in the electronic world.
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February 20, 2018, 08:17:16 AM
 #964

Zero or very low commission
The commissions are practically independent of the amount transferred or from the location of the sending and receiving parties. Often transactions are free. The commission is required only for the formation of technically large transactions that load the network, or very small amounts, to avoid an attack on the network by spamming a huge number of meaningless transactions.
trk
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February 20, 2018, 08:30:48 AM
 #965

It is better than cash because it is all over the internet. Buy just one click you can buy something and send remittances. It is just like a instant money using your device.

It is not very practical to be used as payment domestically because of its fees and transaction speed. But for overseas transaction it is still the best compared to any other fiat services.

Even with its current expensive fees. It is still cheaper than any other fiat services which will charge you on percentage rather than flat

Bacotan Bae
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February 20, 2018, 09:01:32 AM
 #966

Firstly, bitcoin is better than ordinary bills-it's safety from rubbing / stealing, as they were stored in an online wallet and will remain there. It is also convenient to buy something in European and Asian countries.

"Bitcoin is better than currency in that you don't have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient."
Besides that of course with bitcoin then it automatically invests, the always rising price becomes an important consideration for everyone to put money on bitcoin rather than cash.


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Bedebah
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February 20, 2018, 09:54:45 AM
 #967

Because bitcoin values are rising drastically, and online transactions with bitcoin are easier, safer and faster than cash, I'm sure all users will continue to use bitcoins as they have proven the great benefits of bitcoin.
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February 20, 2018, 10:03:35 AM
 #968

Because bitcoin values are rising drastically, and online transactions with bitcoin are easier, safer and faster than cash, I'm sure all users will continue to use bitcoins as they have proven the great benefits of bitcoin.
Seems to be bitcoin looks much better than the cash when it comes to online transaction. And the other thing is bitcoin is too good and bitcoin as payment is really good. When it comes in online transaction bitcoin is good and convenient.

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February 20, 2018, 10:06:48 AM
 #969

Bitcoin is more useful than cash, and also easy for transactions and payments. It's like virtual money, you do not need to pay taxes, and you could easily transfer large amount, unlike cash, there is a risk in transactions when it comes large amount.

Thats kinda true, but well cash is very functional when it comes for using it as payment for transactions , unlike Bitcoin limited entities will allow Bitcoin as payment. Either of the two is helpful but may vary on scenario and purpose , Bitcoin is very helpful when it comes to crypto, and payment for projects, and you can expect it to be in better state cause Bitcoin possesses a feature called Volatilty that will help the price to pump.

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February 20, 2018, 10:15:18 AM
 #970

Instant translations
In banks, transfers between accounts take on average 3-5 business days, or more, if they are foreign transfers. In crypto currency transactions are instantaneous. However, when working with large amounts, it is recommended to wait for several confirmations by the transaction network, usually it takes less than an hour.
Jaya912
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February 20, 2018, 10:20:57 AM
 #971

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.

I know that bitcoin is very volatile and our income is unpredictable and it can not be counted by fix in monthly.
But here we need to be smart to explore how we need this unpredictable can be used for source of income.
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February 20, 2018, 10:23:55 AM
 #972

Instant translations
In banks, transfers between accounts take on average 3-5 business days, or more, if they are foreign transfers. In crypto currency transactions are instantaneous. However, when working with large amounts, it is recommended to wait for several confirmations by the transaction network, usually it takes less than an hour.

transactions in bitcoin will still depend on the fee that you put and it doesn't matter whether you send a large or small amount. in my opinion cash is still better when compared to bitcoin because cash is simple and easy in any way, with or without internet but in bitcoin , bitcoin is impossible without wires and only knowledgeable person can use it. however bitcoin does an advantage like for example it is much faster to transfer and convert anywhere or everywhere but As long as the reciever also uses bitcoin.
Sir Paijoe
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February 20, 2018, 10:28:39 AM
 #973

Because bitcoin values are rising drastically, and online transactions with bitcoin are easier, safer and faster than cash, I'm sure all users will continue to use bitcoins as they have proven the great benefits of bitcoin.
Seems to be bitcoin looks much better than the cash when it comes to online transaction. And the other thing is bitcoin is too good and bitcoin as payment is really good. When it comes in online transaction bitcoin is good and convenient.
Yes, the thing that makes me happy to use bitcoin is the speed of transactions, we do not need to send proof of transfer to confirm that we have made the payment so that makes bitcoin look very good for online transactions rather than cash.

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Patreng.13
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February 20, 2018, 10:29:06 AM
 #974

Bitcoin is better than cash;
-bitcoin is easier when it comes to online transactions.
-it is easier to transfer any amount of money in bitcoin because in cash, there are payments that may be encountered
-using bitcoin is less hassle than cash,  you wont be needing to use any cards
-it is safer to save in bitcoin, unlike cash, where you put them into banks where there could be risks that may be faced like bank hacking. Hence there is less possibility for your money in bitcoin to be hacked.
yana0901
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February 23, 2018, 07:56:34 AM
 #975

Cs-monitor has an insurance pillow that guarantees 10% of the profit and not less.
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February 26, 2018, 07:08:20 AM
 #976

It is not better than cash nor cash is better than bitcoin. For me bitcoin is easy to using in the transaction very nice
In then the currency of is always good.
wireless1889
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February 26, 2018, 07:14:45 AM
 #977

Yes, you are right in all of these points. I think it is very benefitial to an individual who is using it, it saves them the time and effort of keeping money in banks, cards etc. In Bitcoin, It's like your putting your money in a bank that is immensely going up. We are in the post-industrial era and computers are spread throughout the world and we need to keep up, this is the future of currencies and cash.
supermom6
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February 26, 2018, 07:52:40 AM
 #978

one reason why bitcoin is better than cash because it is easy to use and no hassle.Wherever we go which it is legal or available we can use it anytime.Therefore bitcoin is a big help to me but we have own perspective to what can benefit to us.
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February 26, 2018, 07:55:46 AM
 #979

because of the bitcoin is a way of storing the savings or investments are safe and has very big results because the length, of course, the result will be even greater. This is the reason people prefer bitcoin than on cash.
xuv500
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February 26, 2018, 07:57:06 AM
 #980

Bitcoin is better than cash in many ways and I think the best part is just putting your fiat in Bitcoin for some months or years and double or triple your savings without doing anything. If you have the same cash in bank or in any other investment the same cash will be just grown 1% or 2% only.
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