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Topic: Why Bitcoin is better than Cash. - page 25. (Read 13787 times)

member
Activity: 429
Merit: 10
February 12, 2018, 05:38:59 AM
bitcoin is better than our money in the Philippines because the bitcoin price rises more than the peso and the price is steadily increasing today so the central bank of the philippines bags losing the bitcoin price and losing our peso is better that btc is used as a replacement for the money in the Philippines.
member
Activity: 162
Merit: 10
February 12, 2018, 05:34:59 AM
Bitcoin help us to manage the money and they can help you anything you like, payment or need to buy something. cash is also is good but not safe when it comes to payment and big money are involve. bitcoin can arrange payment if need assurance payment any where even in abroad instantly payment and safe and you have no plan in your money and your account there is chance to grow your account not like cash you have no assurance and so many treat that anyone will take and most specially if they know that you are bitcoin member. so it is better to be safe and let the bitcoin handle your account and beside this is your money and no one willl take without you permission.
jr. member
Activity: 104
Merit: 4
February 12, 2018, 05:28:28 AM
I think the common reason why most people still used fiat currency or cash over bitcoin despite of having many advantages in any aspects is maybe because using cash/credit card/atm machines is much more accessible and efficient than bitcoin.How? since bitcoin is a digital currency, the presence of internet is required since most of the bitcoin wallet is kept inside a online wallet unlike cash/credit card using it directly as a payment is not a problem specially for credit card since it have a private account specifically made for it's user in order for them to easily withdraw and deposit money in their account without using a internet
newbie
Activity: 238
Merit: 0
February 12, 2018, 05:11:15 AM
You have said it all Mr.Author.. Getting to know more about bitcoins benefits is always a nice feeling. It's volatility that makes it risky is the same factor that makes it good.
hero member
Activity: 728
Merit: 501
io.ezystayz.com
February 12, 2018, 05:10:37 AM
Yeah, it is definitely better than cash. But cash has its own advantages too I think. You can't give bitcoin to local vendor (as of now).

Thats true we all know that bitcoin is a good way of payment way faster than normal cash safer and more convenient than cash momey. But as of now we still need cash for our everyday using in our daily life. There a lot of store still not accepting bitcoin and they dont like also the votality of crypto currency.
newbie
Activity: 42
Merit: 0
February 12, 2018, 04:30:59 AM
If you are using a hard wallet or offline wallet with private keys, yes it is safer to use than actual cash. Since bitcoin/ other cryptocurrencies are based on online transactions, the tendency or possibilities of being hacked is high.
member
Activity: 94
Merit: 10
February 12, 2018, 04:29:30 AM
The emission of bitcoins, unlike the money we are familiar with, is limited. The maximum possible number of units of crypto currency in the bitcoin system is 21 million units. And, the more common and popular will become bitcoin as a currency, the more expensive one unit will cost. Thus, bitcoin is an excellent defense against inflation and a worthy competitor to gold, which also performs this function, because the cost of bitcoin should grow not only because of the limit on its quantity, but also with the growth in demand for this currency due to the expansion of its use .
newbie
Activity: 81
Merit: 0
February 12, 2018, 04:19:05 AM
Bitcoin is better than cash because the cash does not give us any bonuses, we get a profit when i have bitcoin. Bitcoin is a currency whose value increases and decreases. If we sell increases moment, we will get the benefit if we sell it.
this is the most some of the reason why bitcoin are pretty much better than cash cause what we are all wanted is to have some profit that are increasing this is just like in bitcoin not just day by day that we can have some possibility that we can have some profit but the way on how may bitcoin will increase for.

Yes, Sure , i guess like that Wink
sr. member
Activity: 1036
Merit: 329
February 12, 2018, 03:01:08 AM
Bitcoin is better than cash because the cash does not give us any bonuses, we get a profit when i have bitcoin. Bitcoin is a currency whose value increases and decreases. If we sell increases moment, we will get the benefit if we sell it.
this is the most some of the reason why bitcoin are pretty much better than cash cause what we are all wanted is to have some profit that are increasing this is just like in bitcoin not just day by day that we can have some possibility that we can have some profit but the way on how may bitcoin will increase for.
jr. member
Activity: 238
Merit: 1
February 12, 2018, 02:55:07 AM
Bitcoin is always better than cash and aalso eeasy for transactions and payments. With bitcoin,we could easily send huge amounts of money with very low fee at high speed and easily transfer large amount.With bitcoin,our money value increases,but with cash,our money just remains idle.We do not pay taxes.
newbie
Activity: 40
Merit: 0
February 12, 2018, 02:53:56 AM
Yeah, it is definitely better than cash. But cash has its own advantages too I think. You can't give bitcoin to local vendor (as of now).
jr. member
Activity: 1008
Merit: 1
February 12, 2018, 02:47:44 AM
I think bitcoin is much more convenient than cash:
-Because by earning bitcoin we do not pay taxes to the state;
-Bitcoin is much easier to make payments and transfers;
-The same can be easily invested.
newbie
Activity: 288
Merit: 0
February 12, 2018, 02:36:51 AM
Bitcoin is more convenient than cash for the following 3 reasons:
1. Bitcoins are not inflated by the government, the bitcoin value is increasing over time as its limit is only 21 million in volume.
2. Easy to exchange when traveling through countries accepting payment of goods by bitcoin.
3. Fast, no fees and the government does not know what your income is so it can not tax your income.
newbie
Activity: 81
Merit: 0
February 12, 2018, 02:25:24 AM
Bitcoin is a Digital asset for future that is no doubt Cool
member
Activity: 102
Merit: 10
February 12, 2018, 02:09:35 AM
Bitcoin is better than cash because the cash does not give us any bonuses, we get a profit when i have bitcoin. Bitcoin is a currency whose value increases and decreases. If we sell increases moment, we will get the benefit if we sell it.
newbie
Activity: 168
Merit: 0
February 12, 2018, 12:10:27 AM
I think bitcoin is much better than cash. It's safer than cash. besides, the government doesn't have any control over it. For bitcoin earnings, we are not accountable to government and we need not have to pay taxes unless it is legalized in the particular country. With bitcoin, we could easily send huge amounts of money with very low fee at high speed. With bitcoin, money value increases but with cash money just remains.
sr. member
Activity: 568
Merit: 250
February 05, 2018, 01:51:31 PM
Digital money always has more potential than cash or paper money. It is used all over the world.

Not definitely, there are countries who doesn't have access with internet. Even if they do, there are sites that were being banned, others have restrictions. Large nations such as China were keen to banned cryrptocurrencies, Bitcoin in general. And with China's population that is over a billion, that's 1/4 of the world market cryptos were losing. As long the awareness of general public increasea, there are institutions, financial and governments that will take such actions for Bitcoin to not take fully over with fiat money. Yes, the potential with cryptocurrencies is given, but as long there are people who don't have any interest with everything going digital, cash or physical money will still be better than Bitcoin.
A lot of people trust banks over BITCOIN and cryptocurrency thanks to the assets backing fiat vs cryptocurrency
I agree that a lot of the people still trust the banking system over the block chain system, but I think the block chain system is better because in block chain system, you are always safe from the inflations of the currency due to wrong policies of the government, in crypto you are only vulnerable to the market capacity and the volume because these are the basic items which decide the worth of that currency.
Well I agree on that I believe that there are many advantages of using bitcoin than cash one of is the price of the bitcoin if we buy bitcoin during low price and wait for the right time to sell maybe we can gain through holding it in a few days that was really because of the unstable price that really gives a s an opportunity to earn.
sr. member
Activity: 994
Merit: 256
February 05, 2018, 01:34:12 PM
Digital money always has more potential than cash or paper money. It is used all over the world.

Not definitely, there are countries who doesn't have access with internet. Even if they do, there are sites that were being banned, others have restrictions. Large nations such as China were keen to banned cryrptocurrencies, Bitcoin in general. And with China's population that is over a billion, that's 1/4 of the world market cryptos were losing. As long the awareness of general public increasea, there are institutions, financial and governments that will take such actions for Bitcoin to not take fully over with fiat money. Yes, the potential with cryptocurrencies is given, but as long there are people who don't have any interest with everything going digital, cash or physical money will still be better than Bitcoin.
A lot of people trust banks over BITCOIN and cryptocurrency thanks to the assets backing fiat vs cryptocurrency
I agree that a lot of the people still trust the banking system over the block chain system, but I think the block chain system is better because in block chain system, you are always safe from the inflations of the currency due to wrong policies of the government, in crypto you are only vulnerable to the market capacity and the volume because these are the basic items which decide the worth of that currency.
member
Activity: 94
Merit: 12
February 05, 2018, 01:58:17 AM
You know, now bitcoin is not accepted by too many countries, but cash is essential for everyone, and now, not many people know bitcoin.
member
Activity: 238
Merit: 57
February 05, 2018, 01:53:51 AM
The value of the cash is considerable to fix, while the value of the bitcoin is not fix. The value of the bitcoin raised and some time fall too. Therefor the bitcoin is better because if you buy bitcoin today and hold it for a time it, when the value of the bitcoin is go high then use these bitcoin, in this way you will earn good income. In this people are earning good with bitcoin while the cash does not generate income because the value of the cash is considerable to fix.
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