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Author Topic: Why Bitcoin is better than Cash.  (Read 13740 times)
gtx1060aa
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April 15, 2018, 02:39:50 PM
 #1361

Bitcoin is virtual currency but cash is fiat, so I think rather than fiat, virtual is the best currency to carry forward.virtual currencies balance is always with me, if I have device and Internet.virtual is more than safe than cash currency..
redsap
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April 15, 2018, 02:46:56 PM
 #1362

it really easy to doing transaction to another people in just one click or one scan
but truth is still hoping bitcoin price can stablize so i can buy in some store again, many of online store don't want it becaus price so violated for them and risk

Ethan Argu
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April 15, 2018, 02:50:21 PM
 #1363

Bitcoin is better because it has a unique of payment that you can use through online and maybe through booking a flight paying to high class restaurant and also so easy to pay. Unlike cash you need to have a cash to buy some stuffs bitcoin is much better to any currency they have.

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Ngajim
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April 15, 2018, 02:53:45 PM
 #1364

Because i think bitcoin is more useful than cash and bitcoin is very easy for doing transaction.bitcoin is digital currency and it is operated through blockchain account so we can save unnecesary taxes
Denzzen
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April 15, 2018, 02:55:04 PM
 #1365

You can transfer money with high speed and low expenses and gain income. But, minus is coming out from plus - due to unstable market rates, you can't be sure if you earn today or lose.
sparveenat
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April 15, 2018, 02:58:50 PM
 #1366

The future of handling cash is going to be digital only the digital world forced everyone to me all transactions online and the revolution of cashless is began already but the transparency and the control on our money which is not tolerate by all people so the very first cryptocurrency Bitcoin born and that is the first step to the future of real digital currency which lot of people accepted so far and it is the future so bitcoin is better then cash.

BitcoinBoster
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April 15, 2018, 02:59:10 PM
 #1367

When you travel there is a limit to carry certain amount of cash and there is always a risk of loosing money or getting stolen or robbed but you can carry any amount of bitcoins in your bitcoin wallet and no one will come to know your carrying amount of money.
christina30
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April 15, 2018, 03:14:02 PM
 #1368

Bitcoin is the leading cryptocurrency.It gives a huge amount of profits in a shorter time period.Investing in bitcoin is a very profitable deed as it gives huge amount of returns.It is a platform for earning money.Transactions through bitcoin are much more easier and fast than the cash or normal money ,so in some way bitcoin is better than cash
lopatitapipa
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April 15, 2018, 03:15:32 PM
Merited by tema (2)
 #1369

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.
Handa
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April 15, 2018, 03:18:27 PM
 #1370

The liquid money bitcoin is better in almost every aspect as comparable to cash
No risk in exchange
No extra service and handling charges
Bitcoin decentralizations makes it better than cash money
Also Bitcoin is hiked every year by some amount which cash can never be
galkinig
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April 15, 2018, 03:27:35 PM
 #1371

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.



You made up a lot of points here which are not true . I do not see the instant pay option in case of bitcoin and it is misleading.
JackdunR
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April 15, 2018, 03:36:18 PM
 #1372

I do not think BTC is better than cash, Every thing has its own advantages and disadvantages. Money is accepted by the nation and they are more liquid than MOF. BTC has a very fast transaction time, and low cost, but potentially a lot of price risk and loss of wallets by hackers.
bitcoinskyrocket09
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April 15, 2018, 03:37:15 PM
 #1373

Bitcoin is better than cash because bitcoim has a high value of money than cash.
haroldforgan
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April 15, 2018, 03:38:49 PM
 #1374

I believe;today bitcoin plays a key role in the world.we can use the bitcoin without to pay taxes to the state and using bitcoin is safer than cash because you may lose your money or your money is stolen.but with bitcoin wallet none of these happen Smiley
clonely
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April 15, 2018, 03:40:59 PM
 #1375

There is no single reason. There's more than one reason. First of all, we do not even carry credit cards for our technology. It does not make sense to carry money on us. Second, cash handling problems. Dropping, losing, ringing, tearing can cause loss of cash, value in your hand. Another reason is cleaning. I do not want to talk about how hygienic the cash money is. For example, if someone who does not have cash on hand or someone who does not have a banking activity in a remote area, the cryptos will be very useful for these people. This last crypto money project is trying to do what I say and I think it is very important.

gtx1060aa
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April 15, 2018, 03:42:21 PM
 #1376

Currently more transactions are done with digital money, this makes the future cash look dark, let alone the presence of bitcoin will make things faster, bitcoin better than cash because the value of bitcoin continues to rise while the value of cash is always down.
arondaly
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April 15, 2018, 03:43:44 PM
 #1377

Bitcoin price volatility can be an advantage only when you are looking at bitcoin as an asset and you must also consider the possibility of price falling.
The price fluctuation cause bitcoin to cannot replace the cash.
reighbut2017
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April 15, 2018, 03:47:13 PM
 #1378

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.



I believe bitcoin is better than cash because bitcoin will continue to increase it's value depending on the market value while cash is stable and never chhange it's value.
judemarco1996
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April 15, 2018, 03:50:17 PM
 #1379

One reason why bitcoin is better than cash is it is really easy to trade with bitcoin while with cash different country have they own currency and you still need to exchange your cash for it to be used
tiktak89
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April 15, 2018, 06:59:21 PM
 #1380

As a currency bitcoin is much better than the usual money. The most interesting thing about it is that it is decentralized, which gives it completely different possibilities.

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