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Topic: Why Bitcoin is better than Cash. - page 29. (Read 13787 times)

newbie
Activity: 16
Merit: 0
January 13, 2018, 07:40:59 PM
Absolutely right Bitcoin is better than cash. Bitcoin is usefull like cash you can also purchasing something on internet. Easy to get it by mining, trading, or investing. No doubt that the value of Bitcoin is higher than any cash.
newbie
Activity: 109
Merit: 0
January 13, 2018, 06:16:02 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.



Why it's worse: If the internet goes down, it's unusable.

Also, high fees vs actually free transfers (security risk being a real cost that im not including).
newbie
Activity: 42
Merit: 0
January 13, 2018, 05:53:28 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.


awesome read
newbie
Activity: 65
Merit: 0
January 13, 2018, 04:18:04 PM
 Bitcoin changes its value from tine to time just like currencies of every country.
newbie
Activity: 224
Merit: 0
January 08, 2018, 09:38:04 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.


bitcoin is better than cash because former is digital and decentralized, no carrying cost is there in bitcoin, each and every bit of transaction can be monitored which  increases its security features, duplicate of fake bitcoin generation is almost impossible, fast transaction rate, 24 transaction so bitcoin is better
member
Activity: 127
Merit: 10
January 08, 2018, 09:09:49 PM
We can not say that bitcoin is better than money or money is better than bitcoin . Because both of these are termed as currencies and they have totally different features .
jr. member
Activity: 59
Merit: 10
January 02, 2018, 02:02:58 PM
As of now i dont think is better than cash, I see it as another way to have money, i dont need to explain anyone why and how I earned my btc and i can exchange them for money at any time, it will be better than cash once it becomes global
full member
Activity: 182
Merit: 118
January 02, 2018, 02:02:05 PM
The second day of the new year sees cryptocurrency markets come back after another holiday slump over the past few days.
Bitcoin core markets are up 4 percent, averaging between $14,600-14,800 across global exchanges.
However many other digital assets are seeing more significant gains as ethereum and bitcoin cash markets have risen 13-18 % during the morning of January 2...
sr. member
Activity: 714
Merit: 250
December 29, 2017, 06:42:21 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.


Indeed. Some people say that bitcoin is better than cash is because it can be in all kind of transactions especially on online. On the the other hand, bitcoin is also kind of electeonic money where you can used as investors and where you could make and earn huge amount of money.
full member
Activity: 840
Merit: 117
December 29, 2017, 06:12:39 PM
Here is some reasons, why Bitcoin Is better than cash:
-> Bitcoin is digital and decentralized
-> Ease of online shopping
-> Less volatile than cash
-> No real way of keeping a track of conventional currency
-> Great tool for investment
-> Bitcoin is peer-to-peer and open, yet secure and nearly frictionless
-> Duplication impossible
-> Great way of maintaining records for tax purposes
-> Transnational digital currency
full member
Activity: 504
Merit: 100
December 29, 2017, 11:11:58 AM
Bitcoin has many advantages. Obviously, when it is possible to use bitcoin in all spheres, it will be generally remarkable. Still, very few people know about bitcoin, but everything is ahead, even yesterday I also did not know, but today I already use bitcoin.
hero member
Activity: 1526
Merit: 501
DGbet.fun - Crypto Sportsbook
December 29, 2017, 10:18:02 AM
Bitcoin is better than cash at some instance and in some cases cash gets the priority. As it is decentralized and completely digital bitcoin doesn't need to be carried but can be accessed from any corner of the world, same time as it is completely functional on interconnected platform it has got high risk whereas such risk is not there with cash.
Yeah, cash and bitcoin have different advantages and disadvantages, Bitcoin brings convenience to users because we can be anywhere as long as we have internet connection, we can use bitcoin easily but that is a disadvantage because if we do not have internet connection, everything with bitcoin is meaningless, in this case, the cash will prevail. A good point at bitcoin is that the value of bitcoin increases and changes over time, Bitcoin will be the place for us to store money and it is also a place for us to grow money, this is an advantage that cash does not have but because value often changes, transactions in practice will not be too good and appropriate, cash will still better
full member
Activity: 294
Merit: 101
December 29, 2017, 08:58:47 AM
Bitcoin is the king of crypto but FIAT is the king of everything. ll of us who invest in bitcoins and other alts, someday hope to cash out with big winnings. I underline cash out; everyone follows the price in USD, EUR or other currencies. So basically at the end everyone will use cash. I doubt that bitcoin will enter in our daily lives so quickly that you can use it in the local grocery (although I really hope so) Smiley
newbie
Activity: 10
Merit: 0
December 29, 2017, 08:46:12 AM
Bitcoin will be trade directly to the bank or the store you want to buy or depost if cash theres danger like vehicles accident thief while you go to store.
full member
Activity: 168
Merit: 101
December 29, 2017, 07:50:37 AM
Moreover there's always tax benefit unless it is legalized in your country.

I don't understand this.

There is no tax benefit, if Bitcoin is not legal in your country. In case the usage of Bitcoin is not legal, then the profits from BTC investment will be treated like regular income and you may need to pay full income tax over it. On the other hand, if Bitcoin is recognized as a legal asset, then you can get away with paying capital gains tax.
I think there are a lots of reason that it is better than cash.  In the bitcoin its no interest and taxes collects. And it has a faster transaction too in the negotiation unlike the cash its quite slow. Amd the bitcoin has a expensive value that the money is no match for him. that's why i think those are the reason that why the bitcoin is better than the cash.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
December 29, 2017, 07:47:51 AM
Bitcoin is better than cash at some instance and in some cases cash gets the priority. As it is decentralized and completely digital bitcoin doesn't need to be carried but can be accessed from any corner of the world, same time as it is completely functional on interconnected platform it has got high risk whereas such risk is not there with cash.
sr. member
Activity: 547
Merit: 253
December 29, 2017, 07:42:47 AM
Bitcoin is better than cash because in bitcoin your money could grow and if you have patience you will earn through the rise of bitcoin unlike cash, if you have cash, it will remain like that

Well, I don't think so. Bitcoin and cash is same. You can earn and get a lot of profit if you able to use it in good way. Well, the only difference is the price. Bitcoin is decentralized and fiat is centralized and controlled by government. It means the volatility of bitcoin is so good and fiat is not. In bitcoin, You can gain a lot of money in a short period of time if the price is still increasing and that's not the characteristics of fiat. Bitcoin is for business purposes and fiat is just for our expenses.
jr. member
Activity: 56
Merit: 10
December 29, 2017, 07:06:25 AM
Bitcoin is better than cash because in bitcoin your money could grow and if you have patience you will earn through the rise of bitcoin unlike cash, if you have cash, it will remain like that
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
December 29, 2017, 06:45:45 AM
Moreover there's always tax benefit unless it is legalized in your country.

I don't understand this.

There is no tax benefit, if Bitcoin is not legal in your country. In case the usage of Bitcoin is not legal, then the profits from BTC investment will be treated like regular income and you may need to pay full income tax over it. On the other hand, if Bitcoin is recognized as a legal asset, then you can get away with paying capital gains tax.
full member
Activity: 196
Merit: 100
December 29, 2017, 06:41:41 AM
Bitcoin is better than cash because it is very efficient to use while you stay at home, you can used your btc to pay your bills without much effort to do, as long you have internet, just one click everything works accordingly. Bitcoin could also used as an asset where your money had a chance to goes up into twice or trice fold in just a short span of time. Smiley   
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