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Topic: Why Bitcoin is better than Cash. - page 26. (Read 13801 times)

full member
Activity: 476
Merit: 100
February 05, 2018, 01:49:56 AM
The physical cash will always be counterfeited by highly organized syndicates like they always do while our bitcoin  cannot be counterfeited and every transaction is recorded so they can't really do nothing to manipulate it.
hero member
Activity: 2590
Merit: 644
February 05, 2018, 01:46:34 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.
sr. member
Activity: 658
Merit: 274
Wish for the rain? Then deal with the mud too.
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.
sr. member
Activity: 658
Merit: 250
February 05, 2018, 01:09:34 AM
If we take a look at the price of the bitcoin we can really see that its volatility give as an opportunity to gain in a verry simple way which is buy and selling and i believe that holding bitcoin is also profitable startegy because  we can really sellect the corresponding price on what time will be the right time to sell. While  in money we cannot really gain in holding because it is really design with the stable value and price.
newbie
Activity: 308
Merit: 0
February 05, 2018, 01:01:35 AM
I think bitcoin is much better than cash because it is safer than cash. besides, the government doesn't have any control over it.
newbie
Activity: 34
Merit: 0
February 04, 2018, 08:53:09 PM
Bring and keep cash in big amount is risky  especially while going around like picnic or travelling.
We can be robbed and it is not safe.
If someone brings n keeps bitcoin to pay something will be more practical, fast, safe, no exchange fee, and so on. As digital money  it is supported by technology and will bring more other benefits to us and also to economic activity daily.
copper member
Activity: 252
Merit: 0
February 04, 2018, 08:23:07 PM
Bitcoin is always good for our country.
It is Regular better than Cash. It does not have to be a accountable government. We are not Responsible to government and we need not pay this taxes, just like we have to pay _ Bank, bkash, Dutch Bangla etc.
So Really Bitcoin is the better then cash.
newbie
Activity: 6
Merit: 0
February 04, 2018, 06:43:33 AM
Transferability:

The usual transaction time is negligible (<1s)
But if your transaction is extremely important you need to wait for 6 blocks (6 confirmations) which is usually around 1 hour
newbie
Activity: 41
Merit: 0
February 04, 2018, 06:38:04 AM
Western union or other similar services usually take 1–5% for a transfer of money
With the Bitcoin the usual transaction fee is a couple of cents and you can even pay less if you’re not in a hurry
newbie
Activity: 9
Merit: 0
February 04, 2018, 06:36:59 AM
Bitcoin is deflational
This means, that supply is limited and noone can just print more money
In the USSR there was a day, when the goverment decided to divide the value of it’s official currency by 10. With Bitcoin it’s not possible
member
Activity: 308
Merit: 11
February 04, 2018, 06:32:30 AM
Bitcoin is a blessing to us all. People will consciously invest and earn big money. Even without investment, you can earn money. We devote our time to campaigns.
sr. member
Activity: 913
Merit: 252
February 04, 2018, 06:30:55 AM
Bitcoin Cash is relatively new and therefore people don't trust that coin. On top of that, it is supported by people such as Jihan Wu and Roger Ver, who are regarded as shady characters in the crypto-world by many established users.
newbie
Activity: 23
Merit: 0
February 04, 2018, 06:28:08 AM
Bitcoin is better than cash of this following reasons:

1.Its easier,you will not bring cash when you go out.

2.with Bitcoin, you can kept extra  money.

3.
I think that Bitcoin is better than cash because is decentralized, the fact that we really don't own the paper money we have, is just amazing.
newbie
Activity: 78
Merit: 0
February 04, 2018, 06:05:53 AM
Bitcoin is better than cash because of this following reasons:
1. Its easier, you will not bring cash when you go out.
2. More safer. To think that it cant be lost.
And last transactions fees low.
newbie
Activity: 84
Merit: 0
February 04, 2018, 05:44:51 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.


benefits 1)Volatility-Bitcoin is too volatile and the price jumps like crazy
                           2)Value-this means is that supply is limited and noone can just print more money
                           3)Transferability-The usual transaction time is negligible
                           4)Transaction fees low
newbie
Activity: 196
Merit: 0
February 03, 2018, 11:39:38 PM
of course it is better than cash.
in cash, you have a chance to lost your physical cash.
you cannot lose your bitcoin unless you lost your password / pkey.
full member
Activity: 338
Merit: 100
February 03, 2018, 11:07:35 PM
What are the reasons, why people use Cash or Credit Cards / ATM / Banks?

The reason people still use cash, credit or debit cards is because these three payment tools are still very popular and used by any business layer. Bitcoin is better than cash, credit card or debit card, but only limited to long-term assets. Bitcoin still not effectively used as a means of payment because it has a transaction fee is not cheap, so there are still many people who still choose to use cash as a means of payment rather than bitcoin.
sr. member
Activity: 1820
Merit: 436
Catalog Websites
February 03, 2018, 11:02:05 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.



As stated, there are a lot of things than a usual money and a bitcoin differs. Though both of these are used as an aid for our financial needs. But then, this difference indicates that something is good or can be use to the other thing one could not. It is important to know that bitcoin and cash shouldn't be eliminated.
newbie
Activity: 71
Merit: 0
February 03, 2018, 10:54:55 PM
can use online..no need to bring place to place..can not steal.
newbie
Activity: 14
Merit: 0
February 03, 2018, 10:52:33 PM
They both have their advantages and disavantages. Bitcoin is better than cash simply because transactions are secure, they are anonymous and instantaneous so you won't be afraid of your money getting stolen or people knowing what you are buying or anything rather than that the price of bitcoin is exploding righ now so if you invest a little in it you will for sure make a lot of money.
On the other hand if your cash is in the bank itwoudnt appreciate the Way bitcoin appreciates over time. But in a nutshell it's best to have and keep both.
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