I feel sorry for people that give up so quickly.. You can't be succesful in life if you fall for every negative information you hear and not even think this through and analize from all different aspects. Seems like big money are not for everyone.
Topic: Why Bitcoin is better than banknotes (Read 1541 times)
Well, currency in digital form is, in principle, more convenient. You do not need to carry a purse ... but only a card. You should not always count money when calculating. The system will do everything for you. Consequently, I do not see any reasons why banknotes are anyhow more convenient. Is that only electronic money can not be found on the street ... yes, it's very sad, but I hope people survive it)
In my own opinion, for some, especially owners of big companies, bitcoin is better than banknotes because it gives them convenience and fast transactions.For some that are not into digital money,they prefer banknotes,something tangible.
Bitcoin is better than bank note in so many diverse ways ranging from durability to accessibility. Bitcoin can use in remote regions of the world but there are still limitation for example in African and Asia continent more than 70% can operate computer or Android phone which Bitcoin make use of.
indeed bitcoin is more in demand by the public because it has several advantages of paper money. when transacting using bitcoin we do not need to spend a lot of time and are not burdened with high fees all very practical and economical.
For the first time bitcoin can not be falsified, the second time he has no borders, it is accepted by many countries that believe in the future of cryptography industry
Overall, Bitcoin is much attractive & useful than banknotes, no doubt on that issue! But, sometimes banknotes are much available than the Bitcoin (for example) in the 3rd world where internet & electricity is not available. So, both of the paper money & Bitcoin have its own individuality, advantage-disadvantage.
Bitcoin is simply and asset and not a currency.
Bitcoin is better at being money, at being currency, than other currency - because it is technically designed to be better at being currency.
There is no doubt that bitcoin is better than the paper notes in the sense that bitcoin is safe and it is independent of any external influence like the government especially its value and depreciation.because bitcoin has a pulling value for the demand. That's where the bitcoin benefits with paper money. I think the paper money will be replaced in the future.
and bitcoin will become digital money in the future later .
and bitcoin will become digital money in the future later .
Bitcoin is better than banknotes, because bitcoin is more versatile and bitcoin has a futuristic system called blockchain. Bitcoin transactions are very cheap and can be done everywhere as long as there is an internet network. Therefore banknote gives us the sense of security that the money is in our hands and not others.
Both have advantages and disadvantages, but bitcoin is more reliable than the banknotes, so my opinion is bitcoin is better enough than banknotes !!!
I think that it is because there is no third party with the bitcoin and we can use it freely and we can control the use of the bitcoin not like in the banknote. Banknote can be faked by other people not like in the bitcoin you cannot fake it. It can easily hack but if you have handled your bitcoin carefully then it will not be hack to you. If you know how to protect your bitcoin then the value of it will increased. Not like in the banknote if you just keep it in the bank the value will not increased.
Compared to banknotes and that applies throughout the world we can shop using bitcoin in other countries and if we use paper money we have to exchange it in a country we visit but if we consider it from another perspective paper money is also better like in remote areas in rural areas and there is no electricity or internet then paper money is better than bitcoin so it would be better if we had both because currently both working for all around the world no one is better then other.
It's true that bitcoin offers better security than fiat notes. Transactions are more secure, transparent although not faster but hopefully in the coming years, transactions will become more faster.
Hope that too, bitcoin like in past they fast in transaction. So, dream for to be payment can be realized. If that thing happen, bitcoin is perfect to be anything include payment and asset.
It's true that bitcoin offers better security than fiat notes. Transactions are more secure, transparent although not faster but hopefully in the coming years, transactions will become more faster.
Bitcoin and paper money has its advantages and disadvantages. In some case, bitcoin is good, in some banknotes. Many people do not know what digital money is and how to use it. But I think if they understood this, they would give an advantage to bitcoin.
Bitcoin is better than bank note because its safer, more reliable, easy transaction, and less transaction issues...
Crypto is the best thing to transfer some amount of money to somebody. Some coins are decentralized and anonymous. You shouldn’t go to the bank, all what you need are crypto wallet and and some amount of it. For example, Bitcoin is safer and it is very easy to use.
bitcoin is much safer to use and store, you can not be robbed on the street or stolen from your wallet. they do not spoil and besides having bitcoins in your wallet, you automatically become investors, because bitcoin grows in price!
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