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Author Topic: Why Bitcoin is better than Cash.  (Read 13745 times)
Abigail.Parsons
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April 14, 2018, 03:55:01 PM
 #1321

I don't think it is better than cash to be honest as much as I love it. Cash can't be traced, cryptocurrency can. Bitcoin is psydononymouse cash is anonymous. In a cashless world however, something i believe is inevitable, bitcoin in my opinion will be the equivalent of cash
TheGreatUnknown
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April 14, 2018, 03:58:17 PM
 #1322

Because bitcoin can give you profits!
And when speaking about profits bitcoin can raise your money high enough as we all know, some investors nowadays use bitcoin as an investment since it can give you profits when it appreciate than Cash who has a high stability price.
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April 14, 2018, 04:11:29 PM
 #1323

Because bitcoin can give you profits!
And when speaking about profits bitcoin can raise your money high enough as we all know, some investors nowadays use bitcoin as an investment since it can give you profits when it appreciate than Cash who has a high stability price.
That is right, bitcoin can really level up to investment, since bitcoin we are just like investing in a stock market the difference is it is not mandated by and for some countries we are not yet required to pay tax on it.
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April 14, 2018, 04:17:36 PM
 #1324

bitcoin is digital it cannot be sell easily because you will convert it in your currency and They are misinformed and sometimes misguided in bitcoin that is why they opt to choose paper money. and if the country has a local store that receives bitcoin then we can directly buy something with bitcoin
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April 14, 2018, 04:20:36 PM
 #1325

Bitcoin is better than the cash the value of the bitcoin is higher than the cash. Bitcoin is the investment for a lot of the people and it is getting high in the price as well so for me it is very good to make high profit by investing in bitcoin than wasting your money in the case of the bitcoin losing value and the worth.
Bitcoin offers a lot of opportunity to people and that is how it is considered as something better than cash. We all know that there are a lot of advantages when you start using bitcoin and it is really beneficial for most of us. Bitcoin can do a lot of things that cash cannot do that is why bitcoin will always be better than cash.

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April 14, 2018, 04:29:40 PM
 #1326

Bitcoin is more efficient currency and it is faster and better. Also bitcoin has a lot of potential to grown more than the initial value I put in which cash doesn't.
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April 14, 2018, 04:38:26 PM
 #1327

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, Bitcoin has a lot of advantages when investors are involved in these currencies. Bitcoin may not be a perfect choice, but most investors choose Bitcoin because there are so many rich people. Made from this currency, Bitcoin is growing in many countries.

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Gheka
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April 14, 2018, 04:42:43 PM
 #1328

Bitcoin has always been better than cash because Bitcoin has an expensive rupiah exchange rate. And for bitcoin income do not interfere with the world government, and we do not need to pay taxes for bitcoin, and with bitcoin we can afford anything we want. In addition, if we travel to another country, we do not need to exchange our money with a local fiat for each country. but with bitcoin, if we can always exchange from bitcoin to local fiat wherever we are. and if the country has a local store that receives bitcoin then we can directly buy something with bitcoin.
To me i think that both have their own importance, we cannot ignore the importance of any one, bitcoin is the best option for online shopping and trading, while fiat is good for offline purposes, because in current time bitcoin usage is not as common everywhere, but in some places people have the opportunity to use bitcoin.
Agree, bitcoin and cash will have benefits and various contributions in society, we can not compare both and say which is better, Bitcoin could be better than cash in profits problem when it is an investment that received the most attention in recent years. But that is in the online investment, in real life, cash is better when it is traded directly, popular everywhere around the world while bitcoin is often referred to as currency but not many people accept and use, even the government also hates it

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aioservices18
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April 14, 2018, 04:44:21 PM
 #1329

Bitcoin is always better than cash.For our bitcoin earnings,we are not accountable to government and we need not have to pay taxes unless it is legalized in the particular country.With bitcoin,we could easily send huge amounts of money with very low fee at high speed.With bitcoin,our money value increases,but with cash,our money just remains idle.
Exactly! easy to use,hassle free and profitable at the same. I rather choose this bitcoin it helps me more earning.
Lataman
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April 14, 2018, 04:47:03 PM
 #1330

Hello,You're right, bitcoin does have more advantages over conventional money and is designed to change the look of a modern financial system.
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April 14, 2018, 05:09:12 PM
 #1331

Bitcoin open many doors for user and it's very good. First of all you are free from different banks and taxes also you have an opportunity to make transactions all over the world.
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April 14, 2018, 05:12:18 PM
 #1332

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.



lots of benefits, but bitcoin has transaction fees Cry

can't believe you are discussing it for 68 pages already,seriously
bitcoin does have transaction fees,so do cash and bank transactions
you don't send money for free from bank to bank,do you
bitcoin is not "better" than cash,it is different and has its usage
but cancel cash and you turn the world into a technological despotic state

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art.tan
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April 14, 2018, 05:37:21 PM
 #1333

I agree, Bitcoin is better than cash  has a constant value bitcoin, and bitcoin has a volatile value, so you can get a very big profit. Besides transactions are easier and cheaper.
 

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April 14, 2018, 05:57:33 PM
 #1334

The most common difference between cash and bitcoin is, bitcoin price will pump up but cash will remain cash.Bitcoin can be sent to worldwide within second but cash can't be sent without going to bank or others.Bitcoin can be kept in wallet author security but cash is not.

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April 14, 2018, 06:01:57 PM
 #1335

Bitcoin does have all the advantages mentioned OP. However, it will not work if there is no internet. That is why there is no better between fiat and bitcoin, this is not competition, fiat and bitcoin complement each other to make the transaction better.
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April 14, 2018, 06:06:05 PM
 #1336

Yes indeed bitcoin is always better than cash. But not 100% good, there are still weaknesses there I think. Bitcoin is not yet legal in many countries and not everyone knows it. There are still many people who believe in cash compared with bitcoin. It seems that these people should be given knowledge about bitcoin. This is just my opinion.

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April 14, 2018, 06:08:44 PM
 #1337

that's why bitcoins are created because to replace cash with crypto currencies that are safer and globally accepted. but maybe it will be implemented in the long term because until now bitcoin still not accepted by some countries and still be the subject of conversation that is still not resolved because it can still be exploited by criminals for transactions on the black market

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April 14, 2018, 06:08:47 PM
 #1338

I believe bitcoin is better than cash because all work on bitcoin is online and we create our own wallet online which we have a secret password or other many option choice to keep  bitcoin safe. While there is fear of loss in cash.
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April 14, 2018, 06:19:17 PM
 #1339

Yes Bitcoin is certainly more effective than cash. And this is what we all agree to. Even its acceptability is more than the use of cash. But it should also be kept in mind that advanced countries and legitimate countries can only realize its greatest benefits, but others do not get the benefits. Roll Eyes
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April 14, 2018, 07:29:57 PM
 #1340

I agree with it.Bitcoin is totally online base coin.It is totally secured.But money is not totally 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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