[2019-07-23] Saurel Offers Convincing Reasons Why Bitcoin is Better than Cash

[Jgilpulg]

Developer Sylvain Saurel identifies several compelling reasons for preferring Bitcoin over conventional currencies.

https://bitcoinist.com/saurel-offers-convincing-reasons-why-bitcoin-is-better-than-cash/

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[rodel caling]

Developer Sylvain Saurel identifies several compelling reasons for preferring Bitcoin over conventional currencies.

https://bitcoinist.com/saurel-offers-convincing-reasons-why-bitcoin-is-better-than-cash/

Definitely sylvain saurel thought are all correct specially if the rich man want to hide their investment anonymously bitcoin is better than cash one reason advantage holding of digital currency has fast moving to earn profits. And can we use different kind of exchange or online offline wallet to store our weaith to hide it.

[joelsamuya]

This should be serving as a wake-up to people who are not yet convinced of the many reasons why Bitcoin is much better than any fiat we can find. While the global economy can tanked for many reasons and countries' corresponding fiat monies can be losing value due to inflation and wrong governmental policies, it is Bitcoin that can save one's wealth if done the right thing at the right time.

I am predicting that soon rich people are gonna add more and more Bitcoin as a way to spread their risks and protect their assets. Just like the real gold, Bitcoin is going to be the best store of value one can find and because this is beyond's governmental and other institutions' control, Bitcoin can be the most ideal tool for that matter -- security, protection and of course that chance to increase the wealth further.

[Betwrong]

BTC helps users to satisfy their desire for hiding their wealth.

This is hardly a convincing advantage. The vast majority of wealthy people consist of those who rob their countries, taking advantage of their official position. If Bitcoin was the best tool for helping such people, it would be a disastrous feature of this crypto currency, but fortunately this is not the case. Diplomatic flights filled with tons of cash are doing much better in that regard.