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Author Topic: Why Bitcoin is better than Cash.  (Read 13744 times)
Techie5879
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March 27, 2018, 02:49:33 PM
 #1081

I think BTC is better than Cash mainly due to its secure decentralized verification process, it prevents frauds in the system, and thus is much better than cash or cheques that can be faked. Even it removes corruption as bitcoin transactions cannot be faked, and in adopting this method, I guess corruption can be removed from financial structures of the society too.
Also, in bitcoin, we are the masters of our own money, and no need to trust any third party like banks to keep our money safe. We can keep our money how much ever safe we want it to be.
Mr.Dick
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March 27, 2018, 02:55:27 PM
 #1082

I' d like to add, even though I am totally pro bitcoin, I would never stop using cash. In the development of banking nowadays I can see that we (I mean the consumers) are getting more and more forced to ban cash due to using credit card, paypal, CC's or whatsoever. Cash ever was and still is one of the best ways to directly and anonymously pay your normal day stuff! You can not do all ur payments with btc or alts yet, and even if I could : cash has no fees or confirmation time is accepted by everyone and anonym, too!

lamcouz
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March 27, 2018, 03:01:21 PM
 #1083

I am here in bitcoin because i have heard and have read a lot of good feedbacks about it. Some of my relatives that are using bitcoin became successful through bitcoin that is why i also tried it and i have no regrets so far. I think i will stay in bitcoin for a long time.
ombir
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March 27, 2018, 03:31:55 PM
 #1084

Bitcoin is more useful than cash because no one can steal cash, but nobody can steal bitcoin if your account can not be hacked.
wndrbr3d
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March 28, 2018, 08:36:49 AM
 #1085

Bitcoin is better than Cash because of easy money-laundering/avoidance of taxes process. Also it is a really good way of money movements from one country to another without any limits.
SKY2468
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March 28, 2018, 09:03:59 AM
 #1086

Yes indeed bitcoin can make you rich.Provided you have many bitcoins invested or earn bitcoins at a regular basis by working or through mining.The people who had invested in bitcoins are now millionaires or maybe even billionaires.There are a few bitcoin whales who would be billionaires most probably.And I guess it's not too late there's news buzzing around that bitcoin may even reach a milestone of $60k-$100k in the near future.So let's hope for the best.
Stac
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March 28, 2018, 09:11:42 AM
 #1087

Bitcoin is better than cash in many ways, such as bitcoins can be transferred easily all throughout the world without a third party situation like the banks, all the bitcoins transactions are transferred sharing boundaries with low transaction fees . Bitcoins gives a sense of financial freedom to the bitcoin users which is not possible with cash as cash is deposited in the bank and the banks controls peoples finances. bitcoins are less volatile compared to cash as bitcoins are not affected with inflation.

svetochka.yakovleva.93
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March 28, 2018, 09:15:05 AM
 #1088

I think because the digital currency will always dominate, and now the money that is stored on cards is considered to be the digital currency, because they can pay for anything. And when bitcoin can pay anything, I'm sure that everyone will switch to bitcoin.
gordeevaverona
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March 28, 2018, 09:28:08 AM
 #1089

Because judging by the picture, it does not burn and does not ignite as an ordinary piece of paper Grin. And so, in fact, everything depends on ease of use and fast transaction speed. It also bribes.
dogandogru
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March 28, 2018, 08:52:57 PM
 #1090

Due to the decentralized and unregulated status of Bitcoins, they cannot be manipulated as easily as fiat currency can be. Further, Bitcoins help to eliminate intermediaries in the everyday transactions which fiat currency can never do. And last, Bitcoins support the concept of universal basic income in a better way as compared to fiat currency.
Lang09
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March 28, 2018, 09:16:43 PM
 #1091

Firstly its virtual currency.  So it can be saved for longer.  I mean you will not immediately use it unless you convert it in your currencies.  Secondly no tax problems.  No government interference. If you want to make transactions of big ammount it's easy to do it by bitcoins. No one can stole it from you. You can invest online and can earn lot of money. I would say its safer than money.
CAPTEZECC
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March 28, 2018, 09:26:14 PM
 #1092

Of course bitcoin is far better than cash; take for instance you can compare the risk in trading paper currency to that of crypto currency like bitcoin. The risk of trading paper currency is higher. And bitcoin is making people richer by the day than forex.
vnnbot
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March 28, 2018, 10:10:12 PM
 #1093

Bitcoin is better than cash at some instance and in some cases cash gets the priority. As it is decentralized and completely digital bitcoin doesn't need to be carried but can be accessed from any corner of the world, same time as it is completely functional on interconnected platform it has got high risk whereas such risk is not there with cash
bitcon
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March 29, 2018, 10:08:19 AM
 #1094

Bitcoin is not under authority control yet. I don’t try to support illegal activity with the use of Bitcoin but in many countries it is really a problem to start business, earn money. A problem of inflation is there too.
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March 29, 2018, 12:35:56 PM
 #1095

It is better because bitcoin is an asset, it has the value that grows, and it is stored in own account where in you can access anytime and anywhere you want.

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Altf4
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March 29, 2018, 12:46:42 PM
 #1096

If bitcoin the time will come that it will legally adopted by the business sector of each country then it is better to have bitcoin than cash but it can only be transacted in areas which is highly urbanized places because yuo need to transact using the internet , in rural and provincial places in any part of the world, cash will be needed other than bitcoin.

snowwyjonny
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March 29, 2018, 12:49:16 PM
 #1097

One of the reason why it is better that is that it is accessible anytime by anyone at anywhere, because of the blockchain technology it is made easy for us to access those coins in case we'll need in due time, hassle free and stress free transaction is just one result it may cause to us.
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March 29, 2018, 12:57:56 PM
 #1098

Bitcoin is better than money because bitcoins can be transferred easily all throughout the world without a third party situation like the banks, and if you need to pay bills, the transaction is very easy,faster.

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March 29, 2018, 01:00:29 PM
 #1099

Bitcoin is better than Cash because of easy money-laundering/avoidance of taxes process. Also it is a really good way of money movements from one country to another without any limits.
That's one of the reasons why Bitcoin is better than cash. Also, Bitcoin is better than cash because of its value; the value of Bitcoin is getting higher so it is good to be an investment.

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March 29, 2018, 01:04:50 PM
 #1100

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.



It is indeed better than money. You can access everything online anytime as long as you have internet connection. The bills can be paid online using bitcoin as well. The technology helps a lot with the development of bitcoin and the money transfer as well.

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