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Topic: [POLL] Do you prefer your money to be in cash or bitcoins? - page 16. (Read 17570 times)

hero member
Activity: 574
Merit: 500
I prefer my money to be in bitcoin because cash and the fiat monetary system behind it is controlled by the government and central banks. They can at any time screw you up and literally take all your savings away.

While bitcoin is virtual and more convenient to deal with, and nobody controls bitcoin as a whole. Everyone contributes a little so that the network can work well on a daily basis, but no one has the power to create more bitcoin than scheduled.
member
Activity: 98
Merit: 10
For me I do prefer to cash out my Bitcoin to cash and use it to any necessary things that I want to buy like foods, school supplies, cigarettes, beers and some kind of stuffs that I need.   
sr. member
Activity: 364
Merit: 250
I prefer my money in cash because there just more places you can spend them at. With cash you have the feeling that you have money and can use it more then Bitcoins. Maybe when you can use Bitcoins at more places it will be better.
hero member
Activity: 952
Merit: 1000
There is nothing to do with preference to be cash or Bitcoin.We didn't reach yet to that level where we totally can relay on Bitcoin.It has still to do lot to be fully usable for everyday transactions.I am using both and prefer in both instead of letting my money in banks.

That's correct, still there are many place where we need fiat for purchasing, and bitcoin cannot full take care of us at this stage, so spending physically we need fiat for sure.
legendary
Activity: 1526
Merit: 1012
There is nothing to do with preference to be cash or Bitcoin.We didn't reach yet to that level where we totally can relay on Bitcoin.It has still to do lot to be fully usable for everyday transactions.I am using both and prefer in both instead of letting my money in banks.
hero member
Activity: 2912
Merit: 526
Reward: 10M Shen (Approx. 5000 BNB) Bounty
I used both of them (cash and bitcoin ). It's simple answer.
1. I used cash on my real life such as buy food , stuff and etc
2. I used bitcoin for my e-currency, when i want to pay something online i use bitcoin..

So i use both bitcoin and cash.!
sr. member
Activity: 308
Merit: 250
The mind is everything. What you think you become.
Cash is always king. It is wiser to hold cash for liquidity. But I converted some long term savings & investment funds to BTC.
I actually collect bitcoin to be convert to fiat. I want to invest on bitcoin, but I'm afraid of non-stable price, besides, I also need cash to buy daily necessary
that wise,i believe bitcoin have different situation in every country,and its cannot same in future,its why many people prefer cash money,but also they want bitcoin,and when they got bitcoin,they will use its as investement with cash money purpose.
hero member
Activity: 714
Merit: 500
Honestly, I don't see myself putting everything I have into bitcoin. I know that it has a nice future ahead of it, but cash rules, still. Maybe there will come a time that people will no longer need cash for transactions, and everything will be done online. But that might be a long time from now, and I don't think I'd get to experience that in my lifetime.
sr. member
Activity: 420
Merit: 250
At this moment I would like to have my money in cash because you can use that at more places. You cannot use bitcoins at most places so for me I would prefer cash. With the Bitcoin the value can change so never hold them for to long.
legendary
Activity: 1946
Merit: 1137
there should be an option for "both" here. because i personally prefer to have my money in form of bitcoin but also i like using fiat and the banking system mostly because i can place my money in a deposit account in a bank and get profit on it while i have access to my money whenever i want.

but also bitcoin is great as an investment which i can hold without needing any banks or third party and enjoy the profit in long term.
hero member
Activity: 1372
Merit: 647
As of now I prefer to use cash. I used it for my everyday life, since I can only use bitcoin to order online and not on the physical stores, cash is more preferable for me. But I don't know someday, I will choose bitcoin, maybe if we can use it everywhere just like how we use cash today.
legendary
Activity: 1652
Merit: 1057
I prefer keeping it as bitcoin for the moment because bitcoin is the digital cash! and a bit of Fiat cash to be spend on every day
I also think that keeping money in a Bank account is a worst idea.
I think it's over the top to say that it's worst to keep money in a bank account. I keep my cash in a bank account rather than on hand in fear of unexpectedly getting robbed.
As for the question, as for now, I still prefer money to be in cash rather than in bitcoins because cash is still largely used compared to bitcoins.
sr. member
Activity: 406
Merit: 250
I prefer bitcoin I hope bitcoin will used everywhere
hero member
Activity: 1302
Merit: 503
Leading Crypto Sports Betting & Casino Platform
Cash is always king. It is wiser to hold cash for liquidity. But I converted some long term savings & investment funds to BTC.
I actually collect bitcoin to be convert to fiat. I want to invest on bitcoin, but I'm afraid of non-stable price, besides, I also need cash to buy daily necessary
legendary
Activity: 1624
Merit: 2481
I'd prefere Bitcoins because i trust in them.
Seems to be more profitable
hero member
Activity: 658
Merit: 500
I prefer to have it both ,but if i choose in these poll i will choose bitcoins rather than cash , because ,bitcoins is much more profitable when in terms of saving and holding it for long time rather than a bank .cash i think it is usually needed for now .or to buy something .
sr. member
Activity: 406
Merit: 250
I prefer it to have cash insteed of bitcoins, cause it's more simple. With bitcoin people can buy smth only on online shops, cash better in this case, also it's better for me.
newbie
Activity: 14
Merit: 0
I prefer to exchange btc to cash as soon as I get it in order to reduce volatility.
sr. member
Activity: 308
Merit: 250
The mind is everything. What you think you become.
The price of bitcoin is regularly fluctuating, so you might get $100 worth of bitcoins now, $50 or $200 worth of bitcoins tomorrow, who knows? So, do you prefer a currency that is more stable, like cash (USD, EUR...), or do you treat bitcoins as a currency, for investment to let it grow?

State why you prefer your option. Smiley
i dont think people too much care about bitcoin price,some people stay cool and just earn btcoin and use it for what they need. and i prefer to safe my money on bitcoin, its cheaper and better to access,but also i can't control my expulsiom.
sr. member
Activity: 252
Merit: 250
I don't have too much to keep in Bitcoin.I actually am using it for online transfers and trading.It saved me lot of money in term of fees and time as I can perform all the transactions right from front of my desktop.My answer is same both and it will be so for couple of decades at least.

me too ... I have less than 100 euro in btc I can't use only btc in "real life" to hard so impossible or some times hard (like pay all from a VCC) ... Sad
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