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Topic: Why Bitcoin is better than Cash. - page 21. (Read 13787 times)

newbie
Activity: 29
Merit: 0
March 08, 2018, 09:54:05 AM
Always satisfying in listening to the benefits of this 2.0 lol currency. And besides saying that btc does not suffer from inflation as opposed to fiat currency, but it should also be remembered that it may also be deflationary ...
copper member
Activity: 616
Merit: 0
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.
newbie
Activity: 22
Merit: 0
February 26, 2018, 12:56:24 PM
ts always good to count on the benefits of bitcoins; Yes, I too think bitcoins are much better than cash. But I think there's a need for mass consciousness about these benefits among people who aren't familiar with bitcoins.
newbie
Activity: 70
Merit: 0
February 26, 2018, 12:35:59 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.



One thing we have to admit is that the bitcoin transaction fee is very expensive and it is not really healthy for the economy. we need to change
sr. member
Activity: 477
Merit: 250
Blockchain Just Entered The Real World
February 26, 2018, 12:28:26 PM
Bitcoin is better than cash in many ways and I think the best part is just putting your fiat in Bitcoin for some months or years and double or triple your savings without doing anything. If you have the same cash in bank or in any other investment the same cash will be just grown 1% or 2% only.

investment in banks is verry slow , you can only earn about 1% interest per year even if you put a large amount of cash. yet majority of people are still believes in banks because banks are kinda much secured and legit in any way. bitcoin is better than cash because you can do many things on it that cash cant posibly do but cash  are still the choice of most people because they already knew it and every single people in the earth knows it , while bitcoin has still lack of exposure to the public.
In my country, even the interest rate of bank investment is 7-8%/year, but most of the people still choose to use money for business or buy Gold instead of saving money in bank. Depend on the banking system too much will make the world's economy become passive. Especially when you want to grow your life more, you need to working instead of saving in bank.
full member
Activity: 448
Merit: 100
Lets Go Adab
February 26, 2018, 03:45:59 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.



Probably those people who are only using cash does not have a decent amount of knowledge about cryptocurrency and they overlook how many benefits they can get if they use bitcoins, but still   people will always find their way to earn their fortune and for me, the easiest way to get rich is through cryptocurrency.
full member
Activity: 319
Merit: 100
February 26, 2018, 03:32:52 AM
Bitcoin is better than cash! I think it is depend because not all people know bitcoin and doesn't even have bitcoin.
It is better to the person who has it but to thus people who doesn't have bitcoin or does not experience technology is cash is much better to bitcoin. Wink
full member
Activity: 714
Merit: 114
February 26, 2018, 03:27:14 AM
Bitcoin is better than cash in many ways and I think the best part is just putting your fiat in Bitcoin for some months or years and double or triple your savings without doing anything. If you have the same cash in bank or in any other investment the same cash will be just grown 1% or 2% only.

investment in banks is verry slow , you can only earn about 1% interest per year even if you put a large amount of cash. yet majority of people are still believes in banks because banks are kinda much secured and legit in any way. bitcoin is better than cash because you can do many things on it that cash cant posibly do but cash  are still the choice of most people because they already knew it and every single people in the earth knows it , while bitcoin has still lack of exposure to the public.
PIR
member
Activity: 322
Merit: 10
CRYPTOBLADES Octoblades 10.10
February 26, 2018, 03:21:05 AM
While there are so many reason for one to prefer to use bitcoin rather than cash, there are also some people who are quite hesitant to use it because to them they would rather want to see their real money, they can hold and they can pay by piece amount or by coin depending on the value rather than what they just see figure in their internet or machine... they seems cannot fully grasp how things work and if these things are  trustworthy...for them its hard earned money that they want to secure and protect.
member
Activity: 325
Merit: 10
February 26, 2018, 03:14:49 AM
I agree with it.Bitcoin is tottaly online base coin.It is tottaly secured.But money is not tottaly secured.And also holding bitcoin is a great process to make you rich.The price will be doubled after 2-3 years.
jr. member
Activity: 147
Merit: 2
February 26, 2018, 03:03:09 AM
I don't fully agree with this.Btc is very valuable,it's the best crypto-currency in online-based work.Btc is better than cash in some way,because Btc can be hold which is more expensive in the future and is considered as a asset.Cash is constantly being spent and there is no profit from it.But on the other hand,Btc is not yet valid and isn't known in all the countries and everywhere.Therefore,there is no benefit to carrying Btc everywhere because it will be converted to money.So in my opinion,Btc and cash are different values.
member
Activity: 406
Merit: 11
February 26, 2018, 02:57:06 AM
Bitcoin is better than cash in many ways and I think the best part is just putting your fiat in Bitcoin for some months or years and double or triple your savings without doing anything. If you have the same cash in bank or in any other investment the same cash will be just grown 1% or 2% only.
newbie
Activity: 117
Merit: 0
February 26, 2018, 02:55:46 AM
because of the bitcoin is a way of storing the savings or investments are safe and has very big results because the length, of course, the result will be even greater. This is the reason people prefer bitcoin than on cash.
newbie
Activity: 117
Merit: 0
February 26, 2018, 02:52:40 AM
one reason why bitcoin is better than cash because it is easy to use and no hassle.Wherever we go which it is legal or available we can use it anytime.Therefore bitcoin is a big help to me but we have own perspective to what can benefit to us.
member
Activity: 210
Merit: 10
February 26, 2018, 02:14:45 AM
Yes, you are right in all of these points. I think it is very benefitial to an individual who is using it, it saves them the time and effort of keeping money in banks, cards etc. In Bitcoin, It's like your putting your money in a bank that is immensely going up. We are in the post-industrial era and computers are spread throughout the world and we need to keep up, this is the future of currencies and cash.
newbie
Activity: 14
Merit: 0
February 26, 2018, 02:08:20 AM
It is not better than cash nor cash is better than bitcoin. For me bitcoin is easy to using in the transaction very nice
In then the currency of is always good.
newbie
Activity: 98
Merit: 0
February 23, 2018, 02:56:34 AM
Cs-monitor has an insurance pillow that guarantees 10% of the profit and not less.
newbie
Activity: 17
Merit: 0
February 20, 2018, 05:29:06 AM
Bitcoin is better than cash;
-bitcoin is easier when it comes to online transactions.
-it is easier to transfer any amount of money in bitcoin because in cash, there are payments that may be encountered
-using bitcoin is less hassle than cash,  you wont be needing to use any cards
-it is safer to save in bitcoin, unlike cash, where you put them into banks where there could be risks that may be faced like bank hacking. Hence there is less possibility for your money in bitcoin to be hacked.
sr. member
Activity: 574
Merit: 251
February 20, 2018, 05:28:39 AM
Because bitcoin values are rising drastically, and online transactions with bitcoin are easier, safer and faster than cash, I'm sure all users will continue to use bitcoins as they have proven the great benefits of bitcoin.
Seems to be bitcoin looks much better than the cash when it comes to online transaction. And the other thing is bitcoin is too good and bitcoin as payment is really good. When it comes in online transaction bitcoin is good and convenient.
Yes, the thing that makes me happy to use bitcoin is the speed of transactions, we do not need to send proof of transfer to confirm that we have made the payment so that makes bitcoin look very good for online transactions rather than cash.
full member
Activity: 714
Merit: 100
February 20, 2018, 05:23:55 AM
Instant translations
In banks, transfers between accounts take on average 3-5 business days, or more, if they are foreign transfers. In crypto currency transactions are instantaneous. However, when working with large amounts, it is recommended to wait for several confirmations by the transaction network, usually it takes less than an hour.

transactions in bitcoin will still depend on the fee that you put and it doesn't matter whether you send a large or small amount. in my opinion cash is still better when compared to bitcoin because cash is simple and easy in any way, with or without internet but in bitcoin , bitcoin is impossible without wires and only knowledgeable person can use it. however bitcoin does an advantage like for example it is much faster to transfer and convert anywhere or everywhere but As long as the reciever also uses bitcoin.
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