Topic: Why Bitcoin is better than Cash. - page 16. (Read 13786 times)
Firstly its virtual currency. So it can be saved for longer. I mean you will not immediately use it unless you convert it in your currencies. Secondly no tax problems. No government interference. If you want to make transactions of big ammount it's easy to do it by bitcoins. No one can stole it from you. You can invest online and can earn lot of money. I would say its safer than money.
Due to the decentralized and unregulated status of Bitcoins, they cannot be manipulated as easily as fiat currency can be. Further, Bitcoins help to eliminate intermediaries in the everyday transactions which fiat currency can never do. And last, Bitcoins support the concept of universal basic income in a better way as compared to fiat currency.
Because judging by the picture, it does not burn and does not ignite as an ordinary piece of paper 
. And so, in fact, everything depends on ease of use and fast transaction speed. It also bribes.
. And so, in fact, everything depends on ease of use and fast transaction speed. It also bribes.
I think because the digital currency will always dominate, and now the money that is stored on cards is considered to be the digital currency, because they can pay for anything. And when bitcoin can pay anything, I'm sure that everyone will switch to bitcoin.
Bitcoin is better than cash in many ways, such as bitcoins can be transferred easily all throughout the world without a third party situation like the banks, all the bitcoins transactions are transferred sharing boundaries with low transaction fees . Bitcoins gives a sense of financial freedom to the bitcoin users which is not possible with cash as cash is deposited in the bank and the banks controls peoples finances. bitcoins are less volatile compared to cash as bitcoins are not affected with inflation.
Yes indeed bitcoin can make you rich.Provided you have many bitcoins invested or earn bitcoins at a regular basis by working or through mining.The people who had invested in bitcoins are now millionaires or maybe even billionaires.There are a few bitcoin whales who would be billionaires most probably.And I guess it's not too late there's news buzzing around that bitcoin may even reach a milestone of $60k-$100k in the near future.So let's hope for the best.
Bitcoin is better than Cash because of easy money-laundering/avoidance of taxes process. Also it is a really good way of money movements from one country to another without any limits.
Bitcoin is more useful than cash because no one can steal cash, but nobody can steal bitcoin if your account can not be hacked.
I am here in bitcoin because i have heard and have read a lot of good feedbacks about it. Some of my relatives that are using bitcoin became successful through bitcoin that is why i also tried it and i have no regrets so far. I think i will stay in bitcoin for a long time.
I' d like to add, even though I am totally pro bitcoin, I would never stop using cash. In the development of banking nowadays I can see that we (I mean the consumers) are getting more and more forced to ban cash due to using credit card, paypal, CC's or whatsoever. Cash ever was and still is one of the best ways to directly and anonymously pay your normal day stuff! You can not do all ur payments with btc or alts yet, and even if I could : cash has no fees or confirmation time is accepted by everyone and anonym, too!
I think BTC is better than Cash mainly due to its secure decentralized verification process, it prevents frauds in the system, and thus is much better than cash or cheques that can be faked. Even it removes corruption as bitcoin transactions cannot be faked, and in adopting this method, I guess corruption can be removed from financial structures of the society too.
Also, in bitcoin, we are the masters of our own money, and no need to trust any third party like banks to keep our money safe. We can keep our money how much ever safe we want it to be.
Also, in bitcoin, we are the masters of our own money, and no need to trust any third party like banks to keep our money safe. We can keep our money how much ever safe we want it to be.
Well bitcoin is much better than cash. If you need to pay bills, etc. The transaction is very easy, faster and cheaper. You don't need to pay for any additional service fees.
for most people, I think cash payments are better than bitcoin. because not all transactions can accept bitcoin.
For now i still prefer cash as a currency specialy when you pay in offline method and this is the most important part to us that bitcoin cant give to us. I was hoping that someday developer can make this offline method to pay in bitcoin transaction so bitcoin will prefer as a mode of all payment worldwide.
Maybe some people think its better to have bitcoin than money because it is convenient and safe. Not carrying any cash and just knowing you bitcoin account is enough and a lot more safer. It could reduce the possibility of theft. I think.
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.
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.
Yes it is true, but I think everything depends on the circumstances. For me, I still use fiat money for daily transactions, because in my country have not legalized payments with bitcoin, but I choose bitcoin as a medium to save money as well as investment.
There are different types of accrediting where any kind of people would comply money. The nicest thing at bitcoin is its faster transactions have catch people's eyes. Well money can be a fast kind of hi-ho but its not fast as what bitcoin can do.
The benefits of Bitcoins are it is transparent for private and commercial uses it has a total control of private or public money holders. It is always transacted only through online so there is no need for lockers or safe deposit to keep our money safe so there is no need of expenses. According to my concept I have understood that Bitcoin is better than cash since I am a beginner in this cryptocurrency world we are safe with our Bitcoin wallet nobody will steel our bitcoin wherever we travel.
Bitcoin is more efficient and it gives you more control and power over your money and your assets too. Bitcoin has a good percentage of ROI with people seeing over 200% ROI in the market.
Bitcoin is better than cash because when it comes to online transaction Bitcoin is far better than any other payment option.
Bitcoin is a digital currency based on blockchain technology that can change and improve the traditional way of doing transaction.Their are benefits for both buyers and sellers in using bitcoin for transaction.
1.Low transaction fees while paying.
2.No fees for the sellers while receiving.
3.It is a decentralised currency so safety for both buyers and organisations that accept Bitcoin.
4.As it is a decentralised currency implies no body has a control over it hence work the same in every country.
5.As it the the safest means of transaction for both buyers and sellers, Paying through Bitcoin can can be an excellent alternative to the limited cash payment system.
Bitcoin is a digital currency based on blockchain technology that can change and improve the traditional way of doing transaction.Their are benefits for both buyers and sellers in using bitcoin for transaction.
1.Low transaction fees while paying.
2.No fees for the sellers while receiving.
3.It is a decentralised currency so safety for both buyers and organisations that accept Bitcoin.
4.As it is a decentralised currency implies no body has a control over it hence work the same in every country.
5.As it the the safest means of transaction for both buyers and sellers, Paying through Bitcoin can can be an excellent alternative to the limited cash payment system.
I deny your opinion. I don't think that Bitcoin is better than money because most people choose to buy Bitcoin for money. Their purpose is money instead of Bitcoin. Who can make money instead of Bitcoin? Go to money
Nice list, but I could make it even simpler.
With Bitcoin there are three things that can't be made with fiat, and probably not with anything else... and that is: censorship resistant transactions, permissionless value transfer and borderless value transfer.
With Bitcoin there are three things that can't be made with fiat, and probably not with anything else... and that is: censorship resistant transactions, permissionless value transfer and borderless value transfer.
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