Why Bitcoin is better than Cash. - page 22.

Jaya912

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Quote from: DoublerHunter on February 05, 2018, 01:46:34 AM

Quote from: Rosilito on February 05, 2018, 01:21:49 AM

I agree on what have you said though bitcoin is pretty much convenient than a real money we cannot still depend on bitcoin because bitcoin is not an advisable thing for you to depend through out the time since bitcoin is decentralized it will disappear over a time even in the situation it would happen with.

Bitcoin is on a high volatility and that is not a good thing for us to just put our full time in cryptocurrencies because they will not give us consistent profits since the market can go up really high and go down really deep which is not a good thing for us to imagine because that is not a good sign for a source of income.

I know that bitcoin is very volatile and our income is unpredictable and it can not be counted by fix in monthly.
But here we need to be smart to explore how we need this unpredictable can be used for source of income.

Tujinn

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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.

terbetet

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Quote from: emyaj21 on September 03, 2017, 08:25:19 PM

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.

Thats kinda true, but well cash is very functional when it comes for using it as payment for transactions , unlike Bitcoin limited entities will allow Bitcoin as payment. Either of the two is helpful but may vary on scenario and purpose , Bitcoin is very helpful when it comes to crypto, and payment for projects, and you can expect it to be in better state cause Bitcoin possesses a feature called Volatilty that will help the price to pump.

atamism

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SOL.BIOKRIPT.COM

Quote from: Bedebah on February 20, 2018, 04:54:45 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.

Bedebah

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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.

Bacotan Bae

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Quote from: crypto-shex UAE on February 14, 2018, 09:19:10 AM

Quote from: natalagerman95 on February 14, 2018, 09:17:07 AM

Firstly, bitcoin is better than ordinary bills-it's safety from rubbing / stealing, as they were stored in an online wallet and will remain there. It is also convenient to buy something in European and Asian countries.

"Bitcoin is better than currency in that you don't have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient."

Besides that of course with bitcoin then it automatically invests, the always rising price becomes an important consideration for everyone to put money on bitcoin rather than cash.

trk

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Quote from: Alexis.Nick on February 20, 2018, 02:24:44 AM

It is better than cash because it is all over the internet. Buy just one click you can buy something and send remittances. It is just like a instant money using your device.

It is not very practical to be used as payment domestically because of its fees and transaction speed. But for overseas transaction it is still the best compared to any other fiat services.

Even with its current expensive fees. It is still cheaper than any other fiat services which will charge you on percentage rather than flat

Tujinn

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Zero or very low commission
The commissions are practically independent of the amount transferred or from the location of the sending and receiving parties. Often transactions are free. The commission is required only for the formation of technically large transactions that load the network, or very small amounts, to avoid an attack on the network by spamming a huge number of meaningless transactions.

ghost424

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Bitcoin and Cash are two different currencies and is part of two other worlds. The list you have given is informative and that is the advantages of Bitcoin over Cash. I still think that both can live together and coexist with each other as two different currencies in the real world and in the electronic world.

MinerOfTheYear

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Bitcoin is much more mobile. I can call Skype from here, from New York to a friend in Jakarta. I will see him in real time and hear, and he will also see and hear me - this is an amazing technological achievement. But if after the call I want to send him to Jakarta 1 cent, which I have in my pocket, and which I would easily give personally - we will not be able to do this. In the 21st century it is impossible to send 1 cent to Jakarta. First, sending will cost 50 cents, secondly, the operation will take a week and thirdly - there is no suitable system.

Alexis.Nick

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It is better than cash because it is all over the internet. Buy just one click you can buy something and send remittances. It is just like a instant money using your device.

Deddy_Kazekage

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Bitcoin is better than cash. Maybe Bitcoin has exciting features and advantages to the community and provides many benefits and more income and reduces unemployment ...

AnnaGeraMsk

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Because it is limited and does not disappear, everything remains in memory and always! It is a pity that the password or how not restore ....

Jose Mourinho

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PredX - AI-Powered Prediction Market

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.

drukoz2

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Most of all, I like the fact that bitcoin allows you to earn, but the usual money does not have this ability. I don't need to think where it would be more profitable to invest money since I have bitcoin.

rtm125

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You're right, bitcoin does have more advantages over conventional money and is designed to change the look of a modern financial system.

rampage101

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Your post can be a great ad for bitcoin, and if someone you know asks you about the benefits of cryptocurrency-show this article. And I'm going to show it to my friends, I think you don't mind.

gayan7788

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bitcoin is 2018 best currency in the world ,I think better than good bitcoin digital market

doaremon

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I prefer both money and Bitcoin. Because Money is most needed and Bitcoin is lot more like a trading or asset. If any wants to spend then one needs money. Without money Bitcoin is lot more like valueless. But if you want to trade then it's more profitable to trade in Bitcoin rather than money. Because of the unstable of Bitcoin. Bitcoin's price is rising day by day. Last year the price of Bitcoin was started with only 9000$ and ended with 16k$. This year if the price of Bitcoin rise like the last year then we will see the price at 40k$. So to becoming sure that if you invest now then there is a chance of a profit of 20k$ with in just a year. Again if you see the other people then you will observe that people are becoming addicted to bitcoin. So both money and Bitcoin is needed. The price of money is more stable. And for your kind information the price of money depends upon the reserve of gold.
To me I need both. Bitcoin for trading and money to spend.

Trela

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The Decentralized TCP/IP Internet Protocol

Quote from: Allura74 on February 14, 2018, 09:46:54 AM

Quote from: Kakawate on February 14, 2018, 09:29:20 AM

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.

Most of what you said is true and I really like what bitcoin is giving its users, but the one that you said (no fees), trading sites are just overflowing with fees, and last december is the highest transfer fee that I have ever seen, traders are actually shoked by the fast increasing rates of fees, because along with the increase of butcoins value, is the increase in rate of transfer fees.

Well, bitcoin is better than cash in terms of profit that we get in a short period of time but still i cannot used it out without the real money because the fact is that there are still few establishment that accepts bitcoin directly as payment for goods and services for every purchase. Real money is the outside world for the crypto currency as we all convert it into our real local money in order to use it in our daily expenses. But still time awaits for the full execution of digital currency maybe not now but in the next generations.

Beside that, the transaction fees of Bitcoin is not good for small transaction. In my country, you need to spend 10-20 dollars for the transaction fees to pay a a light meal while you only need to pay same amount for that meal. Roll Eyes

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