Topic: [POLL] Do you prefer your money to be in cash or bitcoins? - page 8. (Read 17570 times)
Both cash and bitcoin has advantages as well as disadvantages. Cash can be used any where and you can settle any transaction. That's is not the case with bitcoin. Bitcoin isn't accepted every where as of yet. But bitcoin is probably one of the best investment out there to grow your wealth. So I would prefer bitcoin for investment and cash for monetary transaction
Well, I am not surprised that people on this forum prefer Bitcoin instead of cash but I prefer cash, of course. Even if I have money on a card I usually withdraw it, because it is not convenient for me not to know how much money is left and so on. In case of btc it is different. The problem here is that I can't use Bitcoin in normal life.
I personally prefer to keep my money in Bitcoin, both for holding value and also for spending.
But I also think it would not be entirely possible to live without at least some money on my bank account, just for paying bills.
But I also think it would not be entirely possible to live without at least some money on my bank account, just for paying bills.
in this particular case, what i prefer does not matter at all. i may prefer to have all my money as bitcoin but as always, reality is a lot different than what i wish for.
i need money to spend for my daily needs and pay for anything that i have in mind so i can't really have my money in form of bitcoin, and i still need cash.
i need money to spend for my daily needs and pay for anything that i have in mind so i can't really have my money in form of bitcoin, and i still need cash.
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.
State why you prefer your option.
I prefer my money to be in cash,but my savings to be in bitcoins.
I can`t invest all my money in bitcoins because i have to spend for food,gas,electricity,bills,taxes.
I can`t use bitcoin for that.
will accept BTC....and reason is this, btc is save and convinient for me to use anytime, i can always prefer to exchange in cash whichever....but first i will like to be it BTC...cause i can use it for shoping etc...it really serves as source of cash too...i prefer btc......easy and quick to use and transfer....then at times too, th exchange rate might be on the high side...adding up some profit to your btc....
I like to have both, just depends what I need money for. For spending online I find Bitcoin more convenient. But since I also have Bitcoin debit card spending Bitcoins in physical stores is no trouble at all. The advantage of cash is that I can't spend it more then I have in my pocket at the moment.
Yeah and I think its good to have both, as I don't have shop that accepts bitcoin and nor I have bitcoin debit card so in that case I need fiat for making purchases.
If we see, than we know that many peoples are doing both ways, like use the cash and also using the bitcoin.
But cash is a easiest way to use in purchase anything, for those people who can't use bitcoin in open market.
I like to have both, just depends what I need money for. For spending online I find Bitcoin more convenient. But since I also have Bitcoin debit card spending Bitcoins in physical stores is no trouble at all. The advantage of cash is that I can't spend it more then I have in my pocket at the moment.
Yeah and I think its good to have both, as I don't have shop that accepts bitcoin and nor I have bitcoin debit card so in that case I need fiat for making purchases.
I prefer to use bitcoin why ? because bitcoin is really can grow without doing anything waiting for the price increase is one of the best and earning from it well we are converting our bitcoin to into cash or into fiat so that we can use it on physical things.
I like to have both, just depends what I need money for. For spending online I find Bitcoin more convenient. But since I also have Bitcoin debit card spending Bitcoins in physical stores is no trouble at all. The advantage of cash is that I can't spend it more then I have in my pocket at the moment.
It depends really on what I want to buy or do.
If I want to invest bitcoin is some what better for buying stuff in physical store I would require cash. While if I'm buying some digital goods I would prefer buying it with bitcoin than paypal or CC. cause my country yet many online shop provide payment with btc, so i choose both of them.
If I want to invest bitcoin is some what better for buying stuff in physical store I would require cash. While if I'm buying some digital goods I would prefer buying it with bitcoin than paypal or CC. cause my country yet many online shop provide payment with btc, so i choose both of them.
I prefer a combination of both options.
With Bitcoin I have the ability to store money outside the governmental and banking system, while in the same time it's an investment.
Cash is something that I need in my daily life in order to buy things, pay my bills, save money for my future, and so on.
I agree wth this anything must be balanced for a good effect With Bitcoin I have the ability to store money outside the governmental and banking system, while in the same time it's an investment.
Cash is something that I need in my daily life in order to buy things, pay my bills, save money for my future, and so on.
I prefer a combination of both options.
With Bitcoin I have the ability to store money outside the governmental and banking system, while in the same time it's an investment.
Cash is something that I need in my daily life in order to buy things, pay my bills, save money for my future, and so on.
With Bitcoin I have the ability to store money outside the governmental and banking system, while in the same time it's an investment.
Cash is something that I need in my daily life in order to buy things, pay my bills, save money for my future, and so on.
I don't understand the dichotomy constructed here. For me, Bitcoin is cash. To be able to give an answer, I assume that the thread opener wanted to distinguish between physical fiat and Bitcoin.
For holding value I clearly prefer Bitcoin, because fiat money will become worthless with certainty due to inflation. However since today only few stores accept Bitcoin for payment, I'm still using fiat cash. Physical fiat cash is at least a bit better than bank money or using a credit card, because you can transact freely and don't get into debt.
I don't agree that fluctuations in Bitcoin's fiat valuation are a real problem. It's only a problem if you still abide by the rules of the fiat world. Once Bitcoin becomes your main currency and point of reference, you will notice that it's in fact fiat money that shows high volatility... Regardless it's not a problem in a digital world, because you can calculate converted prices in no time.
ya.ya.yo!
For holding value I clearly prefer Bitcoin, because fiat money will become worthless with certainty due to inflation. However since today only few stores accept Bitcoin for payment, I'm still using fiat cash. Physical fiat cash is at least a bit better than bank money or using a credit card, because you can transact freely and don't get into debt.
I don't agree that fluctuations in Bitcoin's fiat valuation are a real problem. It's only a problem if you still abide by the rules of the fiat world. Once Bitcoin becomes your main currency and point of reference, you will notice that it's in fact fiat money that shows high volatility...
Regardless it's not a problem in a digital world, because you can calculate converted prices in no time.ya.ya.yo!
In terms of offline spending, I think I prefer my money with cash since it is hassle having my money in form of bitcoin if it is for offline spending. If it is for online shopping, ill prefer bitcoin since it is more convenient to use online than cash. In short, I prefer having both at the same time since I both need them in my life since they are both forms of money which we all need to live.
It depends kn situation.If i need that money on tush then ill get it cash and if that will be a savingthen ill choose bitcoin instead
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.
For Me I Prefer the Both Cash And Also Bitcoin Because Cash is Stable Than Bitcoins So I Have My Money in Cash But For Bitcoins I Use them To Trade Altcoins Or Investing in some Websites.....State why you prefer your option.
So I Prefer The Both....
Well for me i prefer cash if i needed so, since if my money is in cash form well i can actually sleep at night without worrying about the flactuation to go fall down, but also having a btc is good since we can use it to earn more money and bitcoin is flexible on such things, but i can't literally spend my money if i am not sure for certain situation since we cannot get free physical money here,
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.
For Me I Prefer the Both Cash And Also Bitcoin Because Cash is Stable Than Bitcoins So I Have My Money in Cash But For Bitcoins I Use them To Trade Altcoins Or Investing in some Websites.....State why you prefer your option.
So I Prefer The Both....
You can hold most of the investment in bitcoin and some in cash or the fiat. The bitcoin will rise in the long term.
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.
For Me I Prefer the Both Cash And Also Bitcoin Because Cash is Stable Than Bitcoins So I Have My Money in Cash But For Bitcoins I Use them To Trade Altcoins Or Investing in some Websites.....State why you prefer your option.
So I Prefer The Both....
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.
State why you prefer your option.
Exactly i chose bitcoin for its price volatility. Price of bitcoin may go lower, but i believe it will bounce back in the long run. so i wish to test my luck in dealing with bitcoins.
There are many other factors like low fees, anonymity, fast transfer, etc... which blinds me about volatile of bitcoin price.
Yeah even I will choose to go with bitcoin as even by saving our bitcoins we would be able to grow our money if price goes higher in future and inflation will never help you to grow your fiat money.
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