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Topic: Why Bitcoin is better than Cash. - page 20. (Read 13801 times)

member
Activity: 471
Merit: 10
QUUBE — First&Only Quantum Resistant Ecosystem
March 22, 2018, 09:20:49 PM
Good points by OP. Since when I've known about bitcoin last year, I don't like to keep much fiat in my bank account again. I mostly love the idea of being able to have 100% control of my funds without any unnecessary deductions by banking authority.
jr. member
Activity: 294
Merit: 1
March 22, 2018, 01:33:43 PM
There several reasons why bitcoin is better than cash e.g
1) easy to carry without the fear of robbers
2) no limit to what you can carry or how much you can own, money laundry policy is not applicable to bitcoiner
3) no queue at the bank
jr. member
Activity: 206
Merit: 6
March 22, 2018, 01:27:07 PM
There is a space limitations for the cash.Bitcoin don't have space limitation. You can carry as much as yoi can in your phone wallet. Which has the transparecy and due to decentralization no one is going to ask you anything.
newbie
Activity: 28
Merit: 0
March 22, 2018, 01:19:25 PM
I am of the opinion that Bitcoin is better than cash. Because purchasing a product or service with local currency in a different currency requires some exchange rate difference. But 1 BTC is same all over the world
hero member
Activity: 980
Merit: 502
March 22, 2018, 01:18:39 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.


It’s true that bitcoin has gained a lot of popularity among people all over the world. But still I believe that cash is better than bitcoin because. Firstly, cash is way more popular than bitcoin and also has way more users than bitcoin because of which cash is accepted everywhere whereas bitcoin is still not accepted everywhere and its acceptance is limited to very few places. Then cash is more trusted than bitcoin. Cash is a stable form of currency whereas bitcoin is not a stable form of currency.
jr. member
Activity: 294
Merit: 1
March 22, 2018, 01:12:29 PM
Both have their advantage and disadvantage to each other but I think bitcoin is preferable in terms of handling, conveniences and zero regulation benefit to how much an individual can hold 
newbie
Activity: 42
Merit: 0
March 22, 2018, 01:08:02 PM
Crypto will become the next cash within the next 20 years or less.
jr. member
Activity: 280
Merit: 2
March 13, 2018, 04:21:18 PM
it is better that in a limited number and yes it can not be faked, the technology breakthrough 21 century! This is a revolution !!!))
newbie
Activity: 154
Merit: 0
March 13, 2018, 04:02:40 PM
Bitcoin is better that cash just because it's safer, faster and decentralized. You don't need to wait transaction acception from banks and also no taxes.
full member
Activity: 322
Merit: 100
March 13, 2018, 02:49:48 PM
In any case, it seems to me that bitcoins are not the safest money. if someone finds out at least one password, then in less than a week all funds will be stolen.
full member
Activity: 322
Merit: 100
March 13, 2018, 02:48:57 PM
Usual? Bitcoin will grow and their denominated funds will grow. This is a normal process and is free for ordinary people.
If bitcoin is used as a normal currency, its value will be more or less fixed. Otherwise, it will not be allowed to be used in purchases.
full member
Activity: 214
Merit: 100
March 13, 2018, 02:48:04 PM
If the state considers this currency as the main currency and puts it into circulation, then taxes will be levied on it. Otherwise, how will the state budget be replenished?
full member
Activity: 322
Merit: 100
March 13, 2018, 02:47:04 PM
I would keep the safe. There you can store information about bitcoin. For example, print information about wallets and bitcoins. This is very reliable.
legendary
Activity: 1904
Merit: 1000
March 13, 2018, 01:13:47 PM
Bitcoin and cash have their advantages and disadvantages. As an asset, bitcoin can be better than cash. But as a means of payment, bitcoin will not be able to beat cash.
newbie
Activity: 39
Merit: 0
March 13, 2018, 12:59:45 PM
Bitcoin is better than cash because it's increased cashless world. It is on line system.
full member
Activity: 354
Merit: 100
March 09, 2018, 10:57:46 AM
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.



Bitcoin is better than cash because your miney here is secured. Also it is possible for you to earn while saving. when the bitcoin price rise up and it i9s good for you because your own bitcoin will rise up too. In that case you can earn a lot of profit that can help you to sustain your needs. Bitcoin nalso have a fast transaction so there's less hassle for us.
member
Activity: 251
Merit: 10
March 09, 2018, 10:55:22 AM
and there are so many advantages of this bitcoin, and many people are happy to invest in this bitcoin, because it has financial freedom, we who determine is not a decisive government. and if investing cash in the government bank that determines the rules.
member
Activity: 141
Merit: 10
March 09, 2018, 10:41:57 AM
I think why bitcoin is better than cash, because bitcoin can be used as a means of payment in the online world, bitcoin can also be a valuable asset investment and provide a big advantage over using cash. Then efficient and instant use of bitcoin makes bitcoin a lot of people use for payment in online stores because we do not need to convert our currency to the price of the item, otherwise we do not get cas when we transfer our bitcoin to someone different from cash. And bitcoin can not be played by the government or the state because bitcoin stands alone, bitcoin value is only affected by the amount of market demand, if the amount of market demand increases then bitcoin prices will also increase,
hero member
Activity: 840
Merit: 500
Borderless for People, Frictionless for Banks
March 09, 2018, 10:31:22 AM
I think that Bitcoin is a clear investment because if you do not know what bitcoin is then you are not qualified to work here, Bitcoin first has the anonymity of decentralized transactions and is not unified in any government, the rate is still down and up even though sometimes But in a good way proper handling, bitcoin will bring you forward into a better future

A better future will not happend for those who buy Bitcoin at high price like higher than $15,000 since few months ago Roll Eyes
Beside that, just have some investors still keeping Bitcoin to wait a higher price, IMO.
newbie
Activity: 266
Merit: 0
March 08, 2018, 10:15:20 AM
I think that Bitcoin is a clear investment because if you do not know what bitcoin is then you are not qualified to work here, Bitcoin first has the anonymity of decentralized transactions and is not unified in any government, the rate is still down and up even though sometimes But in a good way proper handling, bitcoin will bring you forward into a better future
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