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Author Topic: Why Bitcoin is better than Cash.  (Read 13740 times)
Oggy Pogi
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March 26, 2018, 11:51:21 PM
 #1061

It's always satisfying to listen to the benefits of this 2.0 lol currency. And in addition to saying that btc does not suffer of the inflation in contrast to fiat currencies, it must also be remembered that it may also be subject to deflation...

Well I think Bitcoin is way better than cash when you are investing and saving, cause the price is volatile and the chance of your money to get bigger is real not unlike in the cash that it doesnt matter how big it is it will remain as is. The two were both used as payment for certain goods, service and transaction they are different with each other and I think they are both worthy of using.

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March 26, 2018, 11:58:19 PM
 #1062

These are a few benefits of using bitcoins which make it better than any conventional currency,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 ,Transnational digital currency ,Duplication impossible, and Great way of maintaining records for tax purposes.
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March 27, 2018, 12:07:13 AM
 #1063

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.



Confirm post , with a less stress of handling money. Bitcoin is the best, since ever i starting using online transaction, no delay, and is faster than any other, secondly bitcoin has no far of danger, is well secured with a private key.
mekusproj
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March 27, 2018, 12:10:47 AM
 #1064

Cash still has its relevance for now as regards our physical day to day interactions but as far as the internet is concerned bitcoin cannot be pushed aside; its for the internet and with time it'll become physically accepted on a larger scale as a means of transacting business.
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March 27, 2018, 12:16:03 AM
 #1065

Bitcoin really springs from a straightforward idea: that individuals everywhere throughout the world, from any class or nation, can trade items, administrations and credits unreservedly, right away and effectively - without the requirement for delegate bodies like banks, dealer records or installment portals. In a way it is a return to a purer type of exchange, and it is consequently that the potential and eventual fate of computerized monetary standards has produced a ton of premium and venture. In the present free, worldwide and computerized advertise, Bitcoin is standing up as a vigorous and perceived type of installment.
dyablo
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March 27, 2018, 12:31:01 AM
 #1066

Bitcoin is more safer in terms of on-line transaction rather than credit card or atm because when you transact using bitcoin it does not require much of the information of the owner also you don't to be afraid that it can be hacked. Also bitcoin is better than cash because putting it in your wallet is like putting an investment, it earns without doing anything unlike ordinary cash that we have in our wallet.

Bitcoin is better than cash, because you can use it anywhere and anytime in any part of the world that bitcoin is accepted. You can pay bills and purchase a services and product. Bitcoin brings easy, fast and cheaper transactions.
altysha
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March 27, 2018, 02:05:41 AM
 #1067

It's hard to compare what is better. Each of them has its own advantages and disadvantages. I agree, bitcoin has a high potential and investing in for a long term it is  profitable. You can get a big profit in the future.
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March 27, 2018, 02:41:20 AM
 #1068

Personally, I know there are positive and negatives of using Bitcoin but I can say that some of the reasons why Bitcoin is better than cash are as follows
Decentralized- no one is in control of your money but you.
Tranparency - every transaction is tranparent, you can see it in the ledger
Easy to Move - you can transfer anytime, anywhere in the world, without any amount limit
Travelling money - safe and easy to use when travelling, no need to exchange on different fiat currency and no limits of the amount you can carry around.

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jordan1989
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March 27, 2018, 03:07:02 AM
 #1069

for most people, I think cash payments are better than bitcoin. because not all transactions can accept bitcoin.
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March 27, 2018, 03:35:26 AM
 #1070

for most people, I think cash payments are better than bitcoin. because not all transactions can accept bitcoin.

For now i still prefer cash as a currency specialy when you pay in offline method and this is the most important part to us that bitcoin cant give to us. I was hoping that someday developer can make this offline method to pay in bitcoin transaction so bitcoin will prefer as a mode of all payment worldwide.



                                                                                                                                             
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Paul Pogba
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March 27, 2018, 03:48:19 AM
 #1071

Because there are many things we can do with bitcoins compared with cash, as we know that bitcoins use decentralized systems so that prices are likely to go up hundreds of percent in a short time.
mining_spaceship
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March 27, 2018, 07:12:46 AM
 #1072

Nice list, but I could make it even simpler.
With Bitcoin there are three things that can't be made with fiat, and probably not with anything else... and that is: censorship resistant transactions, permissionless value transfer and borderless value transfer.

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mmp95
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March 27, 2018, 07:18:29 AM
 #1073

I deny your opinion. I don't think that Bitcoin is better than money because most people choose to buy Bitcoin for money. Their purpose is money instead of Bitcoin. Who can make money instead of Bitcoin? Go to money
Ca.ming14
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March 27, 2018, 07:25:14 AM
 #1074

Bitcoin is better than cash because when it comes to online transaction Bitcoin is far better than any other payment option.
Bitcoin is a digital currency based on blockchain technology that can change and improve the traditional way of doing transaction.Their are benefits for both buyers and sellers in using bitcoin for transaction.
1.Low transaction fees while paying.
2.No fees for the sellers while receiving.
3.It is a decentralised currency so safety for both buyers and organisations that accept Bitcoin.
4.As it is a decentralised currency implies no body has a control over it hence work the same in every country.
5.As it the the safest means of transaction for both buyers and sellers, Paying through Bitcoin can can be an excellent alternative to the limited cash payment system.
imgoinforbitcoin
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March 27, 2018, 10:29:54 AM
 #1075

Bitcoin is more efficient and it gives you more control and power over your money and your assets too. Bitcoin has a good percentage of ROI with people seeing over 200% ROI in the market.
Jessica2009
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March 27, 2018, 10:37:37 AM
 #1076

         The benefits of Bitcoins are it is transparent for private and commercial uses it has a total control of private or public money holders. It is always transacted only through online so there is no need for lockers or safe deposit to keep our money safe so there is no need of expenses. According to my concept I have understood that Bitcoin is better than cash since I am a beginner in this cryptocurrency world we are safe with our Bitcoin wallet nobody will steel our bitcoin wherever we travel.



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March 27, 2018, 11:27:07 AM
 #1077

There are different types of accrediting where any kind of people would comply money. The nicest thing at bitcoin is its faster transactions have catch people's eyes. Well money can be a fast kind of hi-ho but its not fast as what bitcoin can do.

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March 27, 2018, 11:34:56 AM
 #1078

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.



Yes it is true, but I think everything depends on the circumstances. For me, I still use fiat money for daily transactions, because in my country have not legalized payments with bitcoin, but I choose bitcoin as a medium to save money as well as investment.

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Kita Kita
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March 27, 2018, 11:41:28 AM
 #1079

for most people, I think cash payments are better than bitcoin. because not all transactions can accept bitcoin.

For now i still prefer cash as a currency specialy when you pay in offline method and this is the most important part to us that bitcoin cant give to us. I was hoping that someday developer can make this offline method to pay in bitcoin transaction so bitcoin will prefer as a mode of all payment worldwide.

Maybe some people think its better to have bitcoin than money because it is convenient and safe. Not carrying any cash and just knowing you bitcoin account is enough and a lot more safer. It could reduce the possibility of theft. I think.

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March 27, 2018, 02:06:26 PM
 #1080

Well bitcoin is much better than cash. If you need to pay bills,  etc. The transaction is very easy, faster and cheaper. You don't need to pay for any additional service fees.
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