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Author Topic: Why Bitcoin is better than Cash.  (Read 13745 times)
saifanik
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February 26, 2018, 08:03:09 AM
 #981

I don't fully agree with this.Btc is very valuable,it's the best crypto-currency in online-based work.Btc is better than cash in some way,because Btc can be hold which is more expensive in the future and is considered as a asset.Cash is constantly being spent and there is no profit from it.But on the other hand,Btc is not yet valid and isn't known in all the countries and everywhere.Therefore,there is no benefit to carrying Btc everywhere because it will be converted to money.So in my opinion,Btc and cash are different values.

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Tanmoy98
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February 26, 2018, 08:14:49 AM
 #982

I agree with it.Bitcoin is tottaly online base coin.It is tottaly secured.But money is not tottaly secured.And also holding bitcoin is a great process to make you rich.The price will be doubled after 2-3 years.
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February 26, 2018, 08:21:05 AM
 #983

While there are so many reason for one to prefer to use bitcoin rather than cash, there are also some people who are quite hesitant to use it because to them they would rather want to see their real money, they can hold and they can pay by piece amount or by coin depending on the value rather than what they just see figure in their internet or machine... they seems cannot fully grasp how things work and if these things are  trustworthy...for them its hard earned money that they want to secure and protect.

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shesheboy
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February 26, 2018, 08:27:14 AM
 #984

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.

investment in banks is verry slow , you can only earn about 1% interest per year even if you put a large amount of cash. yet majority of people are still believes in banks because banks are kinda much secured and legit in any way. bitcoin is better than cash because you can do many things on it that cash cant posibly do but cash  are still the choice of most people because they already knew it and every single people in the earth knows it , while bitcoin has still lack of exposure to the public.
12retepnat34
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February 26, 2018, 08:32:52 AM
 #985

Bitcoin is better than cash! I think it is depend because not all people know bitcoin and doesn't even have bitcoin.
It is better to the person who has it but to thus people who doesn't have bitcoin or does not experience technology is cash is much better to bitcoin. Wink
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February 26, 2018, 08:45:59 AM
 #986

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.



Probably those people who are only using cash does not have a decent amount of knowledge about cryptocurrency and they overlook how many benefits they can get if they use bitcoins, but still   people will always find their way to earn their fortune and for me, the easiest way to get rich is through cryptocurrency.

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February 26, 2018, 05:28:26 PM
 #987

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.

investment in banks is verry slow , you can only earn about 1% interest per year even if you put a large amount of cash. yet majority of people are still believes in banks because banks are kinda much secured and legit in any way. bitcoin is better than cash because you can do many things on it that cash cant posibly do but cash  are still the choice of most people because they already knew it and every single people in the earth knows it , while bitcoin has still lack of exposure to the public.
In my country, even the interest rate of bank investment is 7-8%/year, but most of the people still choose to use money for business or buy Gold instead of saving money in bank. Depend on the banking system too much will make the world's economy become passive. Especially when you want to grow your life more, you need to working instead of saving in bank.

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hoangthipro244
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February 26, 2018, 05:35:59 PM
 #988

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.



One thing we have to admit is that the bitcoin transaction fee is very expensive and it is not really healthy for the economy. we need to change
maxim196897
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February 26, 2018, 05:56:24 PM
 #989

ts always good to count on the benefits of bitcoins; Yes, I too think bitcoins are much better than cash. But I think there's a need for mass consciousness about these benefits among people who aren't familiar with bitcoins.
pdutta
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February 27, 2018, 03:53:36 AM
 #990

I think bitcoin is better than cash. It is easier and safer. Bitcoin is a cryptocurrency that exists within a network of computers, within the blockchain. Bitcoin is more efficient and convenient way to transfer money across the world. It can help us do online shopping and it's like an e-wallet.

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almuchtara12
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March 08, 2018, 02:54:05 PM
 #991

Always satisfying in listening to the benefits of this 2.0 lol currency. And besides saying that btc does not suffer from inflation as opposed to fiat currency, but it should also be remembered that it may also be deflationary ...
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March 08, 2018, 03:15:20 PM
 #992

I think that Bitcoin is a clear investment because if you do not know what bitcoin is then you are not qualified to work here, Bitcoin first has the anonymity of decentralized transactions and is not unified in any government, the rate is still down and up even though sometimes But in a good way proper handling, bitcoin will bring you forward into a better future
twicezeroiszero
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March 09, 2018, 03:31:22 PM
 #993

I think that Bitcoin is a clear investment because if you do not know what bitcoin is then you are not qualified to work here, Bitcoin first has the anonymity of decentralized transactions and is not unified in any government, the rate is still down and up even though sometimes But in a good way proper handling, bitcoin will bring you forward into a better future

A better future will not happend for those who buy Bitcoin at high price like higher than $15,000 since few months ago Roll Eyes
Beside that, just have some investors still keeping Bitcoin to wait a higher price, IMO.

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baydewant96
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March 09, 2018, 03:41:57 PM
 #994

I think why bitcoin is better than cash, because bitcoin can be used as a means of payment in the online world, bitcoin can also be a valuable asset investment and provide a big advantage over using cash. Then efficient and instant use of bitcoin makes bitcoin a lot of people use for payment in online stores because we do not need to convert our currency to the price of the item, otherwise we do not get cas when we transfer our bitcoin to someone different from cash. And bitcoin can not be played by the government or the state because bitcoin stands alone, bitcoin value is only affected by the amount of market demand, if the amount of market demand increases then bitcoin prices will also increase,

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March 09, 2018, 03:55:22 PM
 #995

and there are so many advantages of this bitcoin, and many people are happy to invest in this bitcoin, because it has financial freedom, we who determine is not a decisive government. and if investing cash in the government bank that determines the rules.
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March 09, 2018, 03:57:46 PM
 #996

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 your miney here is secured. Also it is possible for you to earn while saving. when the bitcoin price rise up and it i9s good for you because your own bitcoin will rise up too. In that case you can earn a lot of profit that can help you to sustain your needs. Bitcoin nalso have a fast transaction so there's less hassle for us.

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March 13, 2018, 05:59:45 PM
 #997

Bitcoin is better than cash because it's increased cashless world. It is on line system.
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March 13, 2018, 06:13:47 PM
 #998

Bitcoin and cash have their advantages and disadvantages. As an asset, bitcoin can be better than cash. But as a means of payment, bitcoin will not be able to beat cash.

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March 13, 2018, 07:47:04 PM
 #999

I would keep the safe. There you can store information about bitcoin. For example, print information about wallets and bitcoins. This is very reliable.
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March 13, 2018, 07:48:04 PM
 #1000

If the state considers this currency as the main currency and puts it into circulation, then taxes will be levied on it. Otherwise, how will the state budget be replenished?
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