Topic: Why Bitcoin is better than Cash. - page 17. (Read 13787 times)
Because there are many things we can do with bitcoins compared with cash, as we know that bitcoins use decentralized systems so that prices are likely to go up hundreds of percent in a short time.
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.
for most people, I think cash payments are better than bitcoin. because not all transactions can accept bitcoin.
Personally, I know there are positive and negatives of using Bitcoin but I can say that some of the reasons why Bitcoin is better than cash are as follows
Decentralized- no one is in control of your money but you.
Tranparency - every transaction is tranparent, you can see it in the ledger
Easy to Move - you can transfer anytime, anywhere in the world, without any amount limit
Travelling money - safe and easy to use when travelling, no need to exchange on different fiat currency and no limits of the amount you can carry around.
Decentralized- no one is in control of your money but you.
Tranparency - every transaction is tranparent, you can see it in the ledger
Easy to Move - you can transfer anytime, anywhere in the world, without any amount limit
Travelling money - safe and easy to use when travelling, no need to exchange on different fiat currency and no limits of the amount you can carry around.
It's hard to compare what is better. Each of them has its own advantages and disadvantages. I agree, bitcoin has a high potential and investing in for a long term it is profitable. You can get a big profit in the future.
Bitcoin is more safer in terms of on-line transaction rather than credit card or atm because when you transact using bitcoin it does not require much of the information of the owner also you don't to be afraid that it can be hacked. Also bitcoin is better than cash because putting it in your wallet is like putting an investment, it earns without doing anything unlike ordinary cash that we have in our wallet.
Bitcoin is better than cash, because you can use it anywhere and anytime in any part of the world that bitcoin is accepted. You can pay bills and purchase a services and product. Bitcoin brings easy, fast and cheaper transactions.
Bitcoin really springs from a straightforward idea: that individuals everywhere throughout the world, from any class or nation, can trade items, administrations and credits unreservedly, right away and effectively - without the requirement for delegate bodies like banks, dealer records or installment portals. In a way it is a return to a purer type of exchange, and it is consequently that the potential and eventual fate of computerized monetary standards has produced a ton of premium and venture. In the present free, worldwide and computerized advertise, Bitcoin is standing up as a vigorous and perceived type of installment.
Cash still has its relevance for now as regards our physical day to day interactions but as far as the internet is concerned bitcoin cannot be pushed aside; its for the internet and with time it'll become physically accepted on a larger scale as a means of transacting business.
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.
Confirm post , with a less stress of handling money. Bitcoin is the best, since ever i starting using online transaction, no delay, and is faster than any other, secondly bitcoin has no far of danger, is well secured with a private key.
These are a few benefits of using bitcoins which make it better than any conventional currency,Bitcoin is digital and decentralized,Ease of online shopping,Less volatile than cash,No real way of keeping a track of conventional currency,Great tool for investment,Bitcoin is peer-to-peer and open, yet secure and nearly frictionless ,Transnational digital currency ,Duplication impossible, and Great way of maintaining records for tax purposes.
It's always satisfying to listen to the benefits of this 2.0 lol currency. And in addition to saying that btc does not suffer of the inflation in contrast to fiat currencies, it must also be remembered that it may also be subject to deflation...
Well I think Bitcoin is way better than cash when you are investing and saving, cause the price is volatile and the chance of your money to get bigger is real not unlike in the cash that it doesnt matter how big it is it will remain as is. The two were both used as payment for certain goods, service and transaction they are different with each other and I think they are both worthy of using.
When people open the topic of comparing bitcoin to money, I always say that we should think of it like this. Bitcoin and money have their own strengths and weaknesses. And I think they should both exist. Since current money nowadays are good enough to run the economy, bitcoin was made to patch some inconcistencies of money. It exists to upgrade our choices in money, and in transactions.
Bitcoin is more useful than cash, and also easy for transactions and payments. It's like virtual money, you do not need to pay taxes, and you could easily transfer large amount, unlike cash, there is a risk in transactions when it comes large amount.
Actually bitcoin can use in any country because you can convert your bitcoin in any fiat you want when you are in other country. You dont have convert you fiat into another fiat.
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.
Bitcoins is obtainable by everyone through investing and trading in the market or you can also build your own mining hardware to earn cryptocurrency passively and from this way you can profit a huge amount of profit depending on how hard you will work.
Lately, the global interest in bitcoins has grown. So, it becomes extremely important to understand the base of this and all other forms of virtual currencies. Bitcoins allow buying of goods and services online, as well as transferring money. I mostly love the idea of being able to have 100% control of my funds without any unnecessary deductions by banking authority. This is why I love bitcoin.
Bitcoin is better than cash because i can trade my bitcoin anytime, i can also process my online transaction anytime. Cryptocurrency is a big help for us. Cash also is accepted anywhere but we cannot trade it anytime.
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.
I agree to all of these, bitcoin is really on advantage compare to fiat or cash and the competition is own the field of us, the internet users. Our online transactions whenever we buy any products or whenever we pay for new services, has changed through the years with bitcoin. In this case, it is bitcoin that could make things more easier and cheaper. This is why I love bitcoin.
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.
Undoubtedly, bitcoin is better than cash,if the question is where better to store their units, but if the question is how better to use in everyday spending their units, then of course cash is indispensable! We can not pay with bitcoins in shops, cafes, restaurants and so on, although talk about the legalization of this opportunity a lot! 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.
Financial stability for people who live in countries with unstable currencies. (e.g. In 2016, the Venezuela’s currency hit an inflation rate of 800%). Two-thirds of the current global population has no access to banking or limited access — Bitcoin is changing that.
Bitcoin is better than cash because of the value of dynamic bitcoin, it certainly makes everyone interested in having bitcoin because it hopes that prices will continue to rise so they get a profit. besides transactions with bitcoin faster and safer than cash.
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