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Author Topic: Why Bitcoin is better than Cash.  (Read 13786 times)
U20
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April 14, 2018, 07:36:52 PM
 #1341

Not only cash; gold, credit/debit cards and  etc.. yes these are physical currencies and have existed for centuries. but in the future the bitcoin and blockchain technology will take their place. it will make life easier. these are the revolution of banks and finance.
 

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April 14, 2018, 07:58:46 PM
 #1342

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.
if in one country cash would be better. but globally Payments with Bitcoin are easier than credit or debit cards, and can be accepted without a seller account. Payments are made through the wallet application, either on the computer or mobile phone, by entering the recipient's address, payment amount, and hit send. to make it easier to enter recipient addresses, many wallets can now read addresses by scanning QR codes or touching two phones together with NFC technology.
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April 14, 2018, 08:00:07 PM
 #1343

Not only cash; gold, credit/debit cards and  etc.. yes these are physical currencies and have existed for centuries. but in the future the bitcoin and blockchain technology will take their place. it will make life easier. these are the revolution of banks and finance.
 

Bitcoin is the new revolution of currency only, it's not related anything to banks and finance like you're saying . I know that there are so many people think that Bitcoin want to steal away the jobs of banks but actually it didn't work that way.
Misunderstanding is the biggest problem between banks and Bitcoin right now.

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April 14, 2018, 08:05:54 PM
 #1344

Not only cash; gold, credit/debit cards and  etc.. yes these are physical currencies and have existed for centuries. but in the future the bitcoin and blockchain technology will take their place. it will make life easier. these are the revolution of banks and finance.
 

I think this will not replace the fiat currency, but bitcoin will help fiat currency to be converted into bitcoin so that it can help in ease of transactions, so bitcoin and blockchain become an alternative to split the network so that money transfer becomes faster and cheaper
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April 14, 2018, 08:10:27 PM
 #1345

Yet, they can't be applicable at all times or places.
I would still prefer hard cash.
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April 14, 2018, 08:42:55 PM
 #1346

Bitcoin is better than cash because of the value of dynamic bitcoin, it certainly makes everyone interested in having bitcoin because it hopes that prices will continue to rise so they get a profit. Besides transactions with bitcoin faster and safer than cash.
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April 14, 2018, 08:50:30 PM
 #1347

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.



Unlike cash, Bitcoin is a good investment it can give good source of income. Bitcoin value is very down now, this is a right time to buy then invest, and wait for the time to goes up the value just sell it. there are lots of ways to store your bitcoin and its up to you on how you will store your bitcoin. Many people prefer to use online because it is very easy to use and its very accessible.
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April 14, 2018, 09:00:11 PM
 #1348

Is ordinary money will give you the opportunity to earn? No, and this is one of the main advantages of bitcoin now.

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April 14, 2018, 09:11:19 PM
 #1349

Bitcoin is better than cash because your money here is secured. Also it is possible for you to earn while saving. When the bitcoin price rise up and it is good for you because your own bitcoin will rise up too.
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April 14, 2018, 09:19:37 PM
 #1350

Bitcoin is the fastest growing currency in the crypto-market, it helps to bulk cash can be compressed at exchange for bitcoin and there is no Government agency monitoring your crypocurrency transactions as banks monitor your cash, meanwhile bitcoin is volatile but far more better than cash.
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April 14, 2018, 09:49:29 PM
 #1351

I think that bitcoin has only one real advantage! This is the fact that you can hide your real income) Cool
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April 14, 2018, 09:57:54 PM
 #1352

Simply because bitcoin can access anywhere with the help of internet.  We can also earn in trading and there is a great chance to get a higher profit.  Those are the things that we cannot get from cash.

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April 14, 2018, 10:25:46 PM
 #1353

Bitcoin is nothing but a virtual currency or a medium of conducting digital transactions, just like any other digital currency. It is better than cash one another reason is because there is no way of duplicating a bitcoin, unlike cash. It is easily to transact with other stuffs including buying online.
Mr. Sorry
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April 14, 2018, 10:34:41 PM
 #1354

Bitcoin is a bundle of modern money storage without the need for cuts in every month. Unlike the existing bank system, Bitcoin becomes a replacement container of the bank with great efficiency, transparency and security

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April 15, 2018, 06:51:03 AM
 #1355

Bitcoin has much more facets than regular money. It is decentralized and independent. And these are significant advantages.

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April 15, 2018, 07:12:04 AM
 #1356

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.



Well i guess bitcoin has advantages over money thats why.. Well ot a diffirent modern currencies that we are talking about in this era are digital currencies and it dosent need any bank account to facilitate cryptos..

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April 15, 2018, 07:17:52 AM
 #1357

Bitcoin is a bundle of modern money storage without the need for cuts in every month. Unlike the existing bank system, Bitcoin becomes a replacement container of the bank with great efficiency, transparency and security
In modern time the importance of bitcoin cannot be ignore, because bitcoin is providing so many opportunities to us. We can use bitcoin for online shopping throughout the world even without changing bitcoin in to any local currency, we can keep bitcoin in our online wallet and can withdraw it at any time, and do not even need to visit a bank or ATM. the transaction is easy and within second, therefore i think that bitcoin has really too much importance.
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April 15, 2018, 07:24:50 AM
 #1358

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 good for long term investment because of the market's volatility and that is the reason why most of the investors do really like trading in the market, because they are waiting for the market to dump before investing a huge amount and earn more profit when the market goes back to its normal price.
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April 15, 2018, 02:31:34 PM
 #1359

Bitcoin is  simply a digital currency use for various purpose. It is a decentralised currency. Which gives a lot of freedom to its user. They can transfer their money directly to the buyer or seller without involving any third party. And it also support fast and secure transfer with low transaction cost. It is globally accepted and easily exchange with other currency. Their is no way to duplicate Bitcoin where as in cash that thing is possible. Bitcoin is more easy to shop online. And you don't have to pay tax when you income Bitcoin. So in those above thing proves that bitcoin is better than cash.  Wink
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April 15, 2018, 02:39:11 PM
 #1360

Bitcoin is digital and decentralized. With Bitcoin people get the liberty to exchange value without intermediaries which translate to greater control of funds and lower fees. It’s faster, cheaper, more secure and immutable. Cash is controlled by banks while bitcoin has owners.
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