Because it is safer and more reliable than banknotes
Safer? no! in part, it is a means of money-laundering and a product of corruption for many. In order for bitcoin to become an official banknote, you need to work hard. But nobody in the government wants that. 
Topic: Why Bitcoin is better than banknotes - page 7. (Read 1541 times)
in my opinion, btc or cash for now is nothing better, both have their own shortcomings and strengths, it is true that at a glance we see that, counterfeiting of money, it sounds like something that is very detrimental and shows that btc is superior, but if we see from another point of view, as in practice BTC has not been able to cover all transactions and even btc is hard to access even some countries or regions that have limited internet access and technology learning are not known, it is a weakness of BTC and when it sees that cash seems far more valuable not, so the point is, for now there is nothing better but both are very important where both can complement each other's shortcomings
Bitcoin is better than banknotes from my perspective in the sense that banknotes can be forged and printed. Aside from that, you can't earn much from the bank like how you will earn from bitcoin. Investing in bitcoin is very profitable as well as risky so choose wisely.
Banknotes can be printed and be forged. Cryptocurrencies doesn't have paper banknotes so it is better. Additionally, the convenience it gives when using it as a paymeny for financial transactions.
Banknotes can be printed by central banks, and their emission can be out of control.
At the opposite the emission of bitcoins is limited, that's an aspect of bitcoin's superiority.
And bitcoin is accepted more or less worldwide.
At the opposite the emission of bitcoins is limited, that's an aspect of bitcoin's superiority.
And bitcoin is accepted more or less worldwide.
In my opinion, the choice of all current transactions must be towards the convenience, ease, less procedures, security, legal clarity and security. If the currency does this will be the best choice.
Bitcoin can do this. By the convenience, fast, safe and well-proven. Everyone in the world can exchange, buy and sell via Bitcoin and just a simple click.
Bitcoin can do this. By the convenience, fast, safe and well-proven. Everyone in the world can exchange, buy and sell via Bitcoin and just a simple click.
paper money and bitcoin are the same as good, because with paper money we can enter kebitcoin and together with bitcoin we can produce paper money. on the results of our hard work with bitcoin.
bitcoin is a crypto currency that is very perfect, bitcoin is the future of the world
although bitcoin prices move dynamically but bitcoin has great potential and benefits compared to fiat currencies
although bitcoin prices move dynamically but bitcoin has great potential and benefits compared to fiat currencies
There are a lot of reasons among them if highlight some then i must say bitcoin con not be destroyed easily but bank notes does and secondly banks notes value is constant.
I think bitcoin is better than paper money because it can not be tampered with. if it is widely used in the daily human payment operations. and also The cryptos is safer than paper money if you know how to use and save it. I believe that the paper money will fade soon and the crypto money time will start.
Bitcoin is better thank banks because it has a fixed maximum supply of coins and rules on how it operated. It was created to solve the problem that banks can be manipulated by governments and bankers alike, and also to give people freedom of privacy in their transactions, although all transactions are public on the ledger, provided sending/receiving addresses are kept private and new ones used for different transactions a certain degree of privacy can be expected. That is so far the most reasonable answer to the question I guess.
The infographic shows the 10 most popular banknotes worldwide with its anti-counterfeiting security.
There are thousands of million dollars counterfeit circulating worldwide. Just in The US the FED said 7.3 We conclude that the total value of counterfeits in circulation at any moment is approximately $70 million or about one note in 10,000, and is highly unlikely to exceed
$200 million, or about 2.5 in 10,000.
it's costly for the society (more regulations, more resources to deter, individual or business accepting it accidentally >direct loss,...) Counterfeit money exists since the Ancient Rome at least, and it can destroy a government and its economy. Even the Nazis were counterfeiting the USD and GBP (Operation Bernhard) If only 1% of your circulating currency is fake your government is out. It can't borrow money anymore, business will stop to accept the currency, and since it's the only one, then the economy will be dead.
Do you know how many Bitcoin has ever been counterfeited since10 years? ZERO !
Mass production in large quantities is not impossible. Distribution becomes easier. Without insulation, without limits. Beyond countries that are separated by distance and time. This makes bitcoin better than paper currency There are thousands of million dollars counterfeit circulating worldwide. Just in The US the FED said 7.3 We conclude that the total value of counterfeits in circulation at any moment is approximately $70 million or about one note in 10,000, and is highly unlikely to exceed
$200 million, or about 2.5 in 10,000.
it's costly for the society (more regulations, more resources to deter, individual or business accepting it accidentally >direct loss,...) Counterfeit money exists since the Ancient Rome at least, and it can destroy a government and its economy. Even the Nazis were counterfeiting the USD and GBP (Operation Bernhard) If only 1% of your circulating currency is fake your government is out. It can't borrow money anymore, business will stop to accept the currency, and since it's the only one, then the economy will be dead.
Do you know how many Bitcoin has ever been counterfeited since10 years? ZERO !
because bitcoin is more profitable if we invest in it bro. than we invest in paper money. just invest in bitcoin and save it, we already get a profit when the price goes up ..
maybe because with bitcoin we can send easily wherever we are and bitcoin itself is almost indestructible and the limited amount will not decrease and there will be no more
maybe that's the reason why bitcoin is special and also cannot be falsified.
maybe that's the reason why bitcoin is special and also cannot be falsified.
.At the time Bitcoin was worth more than all banknotes and coins of every currency because it can not be tampered with or easy to destroy.
it's costly for the society (more regulations, more resources to deter, individual or business accepting it accidentally >direct loss,...) Counterfeit money exists since the Ancient Rome at least, and it can destroy a government and its economy. Even the Nazis were counterfeiting the USD and GBP (Operation Bernhard) If only 1% of your circulating currency is fake your government is out. It can't borrow money anymore, business will stop to accept the currency, and since it's the only one, then the economy will be dead.
Do you know how many Bitcoin has ever been counterfeited since10 years? ZERO !
Do you know how many Bitcoin has ever been counterfeited since10 years? ZERO !
yes, cryptocurrency is more secure. fast transaction and almost no error(except human error). most of all is the decentralized thing that conquers the banking system. but i want to state that nowadays banks start to implementing some decentralized features to their conventional banking system. and the fact that their own system is well established and supported. some way this will the biggest threat for crypto world. hope wecan find some solution
The reason bitcoin is better than fiat money because bitcoin is worth investing, the value of bitcoin can increase and it will be able to provide very good profits.
Sorry, I don't think that Bitcoin is better than paper currency. I know both have their own advantages and disadvantages. Bitcoin has a high value, so some investors are very interested in making a profitable investment method. But, even though paper currency cannot be used as an investment method, many people use it as a transaction tool.
Bitcoin is better in terms of security not in terms of value since it is highly volatile,but bitcoin is not yet ready for daily usage since we don't have many people to accept bitcoin as a currency but everything will change soon so until that keep holding bitcoins if you have.
I think bitcoin is better than paper money because it can not be tampered with. if it is widely used in the daily human payment operations. and also The cryptos is safer than paper money if you know how to use and save it. I believe that the paper money will fade soon and the crypto money time will start.
This is the new world order and the Bitcoin is the currecy of it (with all altcoins ofcourse). The cryptos is safer than paper money if you know how to use and save it. I believe that the paper money will fade soon and the crypto money time will start.. (in 2020 or 2021). Anyways, you can loose your funds in both ways if you are not carefull..
Sorry, I don't think that Bitcoin is better than paper currency. I know both have their own advantages and disadvantages. Bitcoin has a high value, so some investors are very interested in making a profitable investment method. But, even though paper currency cannot be used as an investment method, many people use it as a transaction tool.
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