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Author Topic: Why Bitcoin is better than Cash.  (Read 13740 times)
stephanirain
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April 05, 2018, 06:13:58 PM
 #1241

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.


There is some difference between the bitcoin and cash in many ways.  There is something also can have some similarities in both variables. In bitcoin,  you can keep in with your technology and gadgets while cash you can keep it with your wallet.  Also there is a virtual wallet for bitcoin. The same things that they have is it can use it for many purposes and priorities of the people.

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Sir Paijoe
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April 05, 2018, 06:18:17 PM
 #1242

Bitcoin is better than cash because keep bitcoin is very safe, hard to hack, its value always increases and of course global transactions easier, and I hope that many countries immediately legalize bitcoin.

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Harley Quinn
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April 05, 2018, 06:59:18 PM
 #1243

Bitcoin may be better but it isn't implemented as widely as it can be yet - that will definitely improve with time. Exciting times! Love finding new places to buy using bitcoin!
tommisetiyawan
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April 05, 2018, 07:07:37 PM
 #1244

Bitcoin is the digital currency, and it is an increasing value day by day. Can be used anytime and anywhere. Bitcoin is always better than cash. And for bitcoin earnings, we are not responsible to the government and we do not need to pay tax unless it is legalized in certain countries. With bitcoin, we can easily send large amounts of money at very low cost. You must keep your Personal Key safe, No need to carry other items similar to the money in our hands. Bitcoin provides easy access even when we travel anywhere in the world.
LaitHonor
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April 05, 2018, 07:09:15 PM
 #1245

Bitcoin is better than cash because keep bitcoin is very safe, hard to hack, its value always increases and of course global transactions easier, and I hope that many countries immediately legalize bitcoin.

Yes, you are right, but also the digital currency is the future because people invest a huge amount of money here and develop their technologies
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April 05, 2018, 07:09:32 PM
 #1246

I never think that bitcoin is better than cash. I know bitcoin is great as virtual or digital money but it not reference to make it better than cash.
falapella
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April 05, 2018, 07:24:28 PM
 #1247

because , bitcoin is the fastest digital currency for online transactions. Better than money, we can send money and make money around the world. Bitcoin can take the place of the paper currency.
puyunghay
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April 05, 2018, 07:28:23 PM
 #1248

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.

For some developed countries physical money is not too popular, because city residents prefer to bring virtual money in comparison with physical money that is not too simple, but different things with people who are in the country who do not understand about virtual money they prefer to carry physical money, so for now the virtual money or bitcoin is more popular in comparison to the physical money because the developed countries have a lot
ann_82
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April 05, 2018, 07:34:01 PM
 #1249

Well, all you have said about bitcoin are true. From there, we can see a lot of reason why bitcoin is better than cash. Bitcoin is good for investment and earning money for a long run. But as of today, we are still using our real money to buy our daily needs and use as payment in many transaction that we do, It is better bitcoin than cash because bitcoin its have a chance to increase the value of bitcoin while the cash its very hard to keep because people need to buy her important her life so that easy to purchase anything you want but the bitcoin you have a chance to become a bellioner because if you keep that you have a chance to  increase your  bitcoin value. Grin
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April 05, 2018, 07:45:38 PM
 #1250

Well, as it is a decentralised currency implies no body has a control over it hence work the same in every country. If your bank goes down - you’re screwed. With Bitcoin nothing can go wrong except that you can loose the key.
Starone1
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April 05, 2018, 07:46:13 PM
 #1251

I think the benefits of bitcoin from cash one of them is bitcoin is more flexible and portable, not eating many places and very easy to use. But the lack of bitcoin from cash is bitcoin must use internet, and internet require data packet, if in urgent situation we hard to convert into cash.
Nice elaboration about the benefits of bitcoin as compare to the cash, bitcoin is much easier to use than the fiat cash, because it has increasing power but the money of the cash will remain as it is for long time, it will not give you any extra income until you invest your money, but bitcoin is good and profit making currency even if you once buy it and hold, holding bitcoin is the extra and best feature of bitcoin which makes the future of the user more brighter than selling, we can get to buy everything using bitcoin more easily than we by with cash.
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April 05, 2018, 07:52:21 PM
 #1252

Bitcoin is better than cash because Bitcoin has a bigger value than our own currency and it's known in every country. You can earn and invest here a money. You can change your Bitcoin to a real money and you can also save money for your future.
Ianhadi
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April 05, 2018, 08:09:27 PM
 #1253

Bitcoin is always better than cash, because if you have the money, you can buy immediately what you want. But if you have bitcoin, you can earn more money than cash the easy way, and if you have bitcoin, your money can double if you want and your dreams can be successful if you focus on whatever bitcoin you want, you can get in bitcoin. That bitcoin is better than cash.
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April 05, 2018, 08:49:34 PM
 #1254

I think you are completely right, bitcoin is really more profitable than cash, and I hope that soon all people will be convinced of this and we will gradually move to the crypto currency.
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April 05, 2018, 09:22:50 PM
 #1255

I agree, bitcoin is much better, more convenient, better, safer than any other existing currency. But it will take quite some time for it to be fully accepted.
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April 05, 2018, 09:34:19 PM
 #1256

Bitcoin is much more better than Fiat money I say. Mainly because unlike fiat money, bitcoin is virtual. This means that it could offer a lot of benefits as well as tons of possibilities and futures for the future of currency. Another is that due to its decentralized nature, bitcoin would offer a lot of benefits for people including ease of access when using overseas payment and even the banishing of graft and corruption in a country.
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April 05, 2018, 10:53:30 PM
Last edit: April 06, 2018, 04:08:33 PM by Weeko
 #1257

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.



The advantages are obvious. The introduction of bitcoin and other crypto currency is a matter of time. I think that at this stage everything is quite raw and undeveloped, but we are going to this.
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April 05, 2018, 11:06:52 PM
 #1258

Bitcoin is far better than cash in the following ways:
1. Bitcoin is the digital currency, and it is an increasing value day by day
2. It is easier and safer
3. It is free from bank stress and rules
4. Bitcoin offers the convenience of transactions for its users
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April 05, 2018, 11:30:10 PM
 #1259

Bitcoin is better than cash because of it's different usage and value. Bitcoin can be use as payment system,  it has been proven and tested by lots of users. Bitcoin can easily be transfer to everyone.

maxman190
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April 06, 2018, 03:29:23 AM
 #1260

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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