Why Bitcoin is better than Cash. - page 14.

Tigerw

member

Activity: 448

Merit: 12

Quote from: guy_wonderful on September 03, 2017, 05:06:44 PM

What are the reasons, why people use Cash or Credit Cards / ATM / Banks?

Look at the benefits of bitcoin.

* Works online 100%, 100%transparent for private and commercial use. Total control of private or public money for it's holder or holders, investors, governments etc.
* As It's works online there no need of expensive steel safes or bank deposits to keep your money safe. Any password or time code can be used.
* No fees. Unlike cash, hasn't 2%-3% of inflation every single year.
* Accepted for Food Shopping & Micro payments via electronic card.
* 0 confermations time, with introduction of "instant pay" function.
* 0 exchange risks in use of proper securities and competent insurance.
* any entrepreneurs is able to understanding of the value of payment.
* No need for pay terminal for small businesses. For small entrepreneurs it's a high expense of 70 bucks every month.
* Theoretically it's would not be needed to have an expensive licensed cash register, for small entrepreneurs, as every transaction is totally transparent. So cases of black money flow would be easily found and proven.
* Banking and gambling. No need of any verification for CFD,Stock,Currency or gambling services.

The reasons for using cash or credit cards by people are obvious. This is a vital necessity that would buy products or pay for training. Unlike the bank payment system, bitcoins do not have such, and therefore have to be content with small. If I could use bitcoin as a payment for services, then of course I would not use bank cards.

haydort

newbie

Activity: 61

Merit: 0

Bitcoin is always better than cash.For our bitcoin earnings,we are not accountable to government and we need not have to pay taxes unless it is legalized in the particular country.With bitcoin,we could easily send huge amounts of money with very low fee at high speed.With bitcoin,our money value increases,but with cash,our money just remains idle.

rokergila01

newbie

Activity: 84

Merit: 0

Quote from: guy_wonderful on September 03, 2017, 05:06:44 PM

What are the reasons, why people use Cash or Credit Cards / ATM / Banks?

Look at the benefits of bitcoin.

* Works online 100%, 100%transparent for private and commercial use. Total control of private or public money for it's holder or holders, investors, governments etc.
* As It's works online there no need of expensive steel safes or bank deposits to keep your money safe. Any password or time code can be used.
* No fees. Unlike cash, hasn't 2%-3% of inflation every single year.
* Accepted for Food Shopping & Micro payments via electronic card.
* 0 confermations time, with introduction of "instant pay" function.
* 0 exchange risks in use of proper securities and competent insurance.
* any entrepreneurs is able to understanding of the value of payment.
* No need for pay terminal for small businesses. For small entrepreneurs it's a high expense of 70 bucks every month.
* Theoretically it's would not be needed to have an expensive licensed cash register, for small entrepreneurs, as every transaction is totally transparent. So cases of black money flow would be easily found and proven.
* Banking and gambling. No need of any verification for CFD,Stock,Currency or gambling services.

https://s26.postimg.org/gsatkpbnd/download_3.jpg

because bitcoin is getting as popular as it does in the South Korean market because of the speed of bitcoin cash when compared to bitcoin that takes up to 10 minutes to process transactions so that sometimes it creates quite long queues.

will777

full member

Activity: 265

Merit: 100

Bitcoin is better than cash because bitcoin will change the price while the cash is not.. It is also easiest to change in any currency. You can also protect yourself by the robbed, most especially if the rubbers are not familliar what bitcoin is.

50ouncebrew

sr. member

Activity: 459

Merit: 251

Bitcoin will always be better than cash because it is decentralized and it gives people the opportunity to control their money and what happens to it no matter where they are without having to worry about banks or other third party organizations. Bitcoin is also a currency which doubles as an asset and you can make a lot of money from investing in bitcoin.

vergel24official

member

Activity: 154

Merit: 16

Cash is stagnant with it's current value, the good thing about Bitcoin you can play with it's volatility.

Tukang Becak

hero member

Activity: 896

Merit: 500

Bitcoin is better than cash because bitcoin values continue to rise, we all know that bitcoin is a decentralized investment so that when there is an increase in the number of users it will automatically rise in price, and this is different from cash whose value continues to decline due to inflation.

paykal5

newbie

Activity: 90

Merit: 0

Bitcoin is digital and Decentralized.
Ease of online shopping.
Less volatile than cash.
Great tool for investment.
Bitcoin is peer-to-peer and open yet secure and nearly Frictionless.

makolz26

sr. member

Activity: 714

Merit: 254

Quote from: genology on March 31, 2018, 11:01:02 AM

You can't transfer or pay cash in an instant. When you are using cash, it goes through a ling process especially when your transaction is abroad. With Bitcoin, you can transfer money anytime and anywhere without hassle.

that is right, actually although we are preferring cash right now and not cash but that does not mean that if someone will give money/bitcoin to us we will gonna surely choose bitcoin over fiat and will use that bitcoin in our future or for our daily expenses.

genology

member

Activity: 168

Merit: 10

You can't transfer or pay cash in an instant. When you are using cash, it goes through a ling process especially when your transaction is abroad. With Bitcoin, you can transfer money anytime and anywhere without hassle.

Farhan786

member

Activity: 308

Merit: 10

Bitcoin has many advantages over cash. Firstly, if you keep cash in your pocket then there is no profit. If you hold Bitcoin you will get profits.There is no big risk using bitcoin.So, Bitcoin is better than Cash.

Kennyflex

newbie

Activity: 107

Merit: 0

Bitcoin is a very convenient unlike cash where handling much of it is not convenient. Secondly, it outgrows inflation unlike normal cash as well

atom2080

newbie

Activity: 252

Merit: 0

Bitcoin is like cash, you don't need to go through a bank or credit card network in order to transfer it to another person. It's better than cash because you can do this over the internet. It's way better than all other monetary instruments because it is programmable money: you can basically treat bitcoins as symbols to represent anything (like titles to property, for example), and have the distributed peer-to-peer blockchain mechanism enforce title transfers in a provable, reliable way without any notaries.

Crystacool

newbie

Activity: 98

Merit: 0

Quote from: guy_wonderful on September 03, 2017, 05:06:44 PM

What are the reasons, why people use Cash or Credit Cards / ATM / Banks?

Look at the benefits of bitcoin.

* Works online 100%, 100%transparent for private and commercial use. Total control of private or public money for it's holder or holders, investors, governments etc.
* As It's works online there no need of expensive steel safes or bank deposits to keep your money safe. Any password or time code can be used.
* No fees. Unlike cash, hasn't 2%-3% of inflation every single year.
* Accepted for Food Shopping & Micro payments via electronic card.
* 0 confermations time, with introduction of "instant pay" function.
* 0 exchange risks in use of proper securities and competent insurance.
* any entrepreneurs is able to understanding of the value of payment.
* No need for pay terminal for small businesses. For small entrepreneurs it's a high expense of 70 bucks every month.
* Theoretically it's would not be needed to have an expensive licensed cash register, for small entrepreneurs, as every transaction is totally transparent. So cases of black money flow would be easily found and proven.
* Banking and gambling. No need of any verification for CFD,Stock,Currency or gambling services.

https://s26.postimg.org/gsatkpbnd/download_3.jpg

Not everyone thinks bitcoin is better than cash. I think most people around the world think cash is better than bitcoin. We can use a lot of things now, but only a few stores accept bitcoin, and there is no charge for the cash transactions, and the transaction requires a high fee.

fritzbird

jr. member

Activity: 210

Merit: 1

Quote from: pdutta on February 26, 2018, 10:53:36 PM

I think bitcoin is better than cash. It is easier and safer. Bitcoin is a cryptocurrency that exists within a network of computers, within the blockchain. Bitcoin is more efficient and convenient way to transfer money across the world. It can help us do online shopping and it's like an e-wallet.

I can totally relate to this and my opinion is also similar. Since bitcoin appeals to the masses and to
the rich of course. Bitcoin is more than just a representation of money, it's beyond that in fact. With
it's evolution and innovation, bitcoin is now a commodity and an asset. That's why it's better than
cash since we can buy and purchase stuff conveniently with bitcoins but with an extra added bonus
of volatility. It's prices can change, and you can buy and exchange it anywhere at anytime. It's the
total package for the modern man.

tienigarazz

full member

Activity: 253

Merit: 100

You can easily do transaction using bitcoin, it is very profitable.
Although it is not widely accepted, bitcoin is still very good because it still the number crypto currency.
Bitcoin has a bright future, all we need to do now is to wait and be patient,

diickydbo

newbie

Activity: 98

Merit: 0

The advantage of bitcoin is that user does not need to be physically in a particular place. In addition, for large transactions, using real currency can be quite inconvenient. And also fast bitcoin transfers, in same time with real money you will have to go to the bank and make transfer, it will take some time.

klebsiella

full member

Activity: 392

Merit: 100

Bitcoin has a global acceptance, it becomes easier to conduct transactions across boundaries and online. No exchange values and no third party interventions. Aside from convenient in terms of payment, it is also a great tool for investment because it can be used all over the world without conversion process and no restrictions imposed by banks.

GraciousBanshee47

newbie

Activity: 79

Merit: 0

although btc is indeed better than cash, it would be unfair to compare them both since cash is regulated and very much manipulated. cash does have its advantages especially in payments since its value is prettymuch stable.

hunter50

newbie

Activity: 322

Merit: 0

Yes bitcoin is always better than cash and also easy for transactions and payments.most people who come here.already know the advantage and disadvantages and in my opinion both of them are good so the cash is more important in our life.

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