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Topic: Why Bitcoin is better than Cash. - page 3. (Read 13801 times)

member
Activity: 112
Merit: 12
April 14, 2018, 04:49:29 PM
I think that bitcoin has only one real advantage! This is the fact that you can hide your real income) Cool
full member
Activity: 219
Merit: 100
April 14, 2018, 04:19:37 PM
Bitcoin is the fastest growing currency in the crypto-market, it helps to bulk cash can be compressed at exchange for bitcoin and there is no Government agency monitoring your crypocurrency transactions as banks monitor your cash, meanwhile bitcoin is volatile but far more better than cash.
member
Activity: 210
Merit: 10
April 14, 2018, 04:11:19 PM
Bitcoin is better than cash because your money here is secured. Also it is possible for you to earn while saving. When the bitcoin price rise up and it is good for you because your own bitcoin will rise up too.
member
Activity: 490
Merit: 10
April 14, 2018, 04:00:11 PM
Is ordinary money will give you the opportunity to earn? No, and this is one of the main advantages of bitcoin now.
full member
Activity: 688
Merit: 106
April 14, 2018, 03:50:30 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.



Unlike cash, Bitcoin is a good investment it can give good source of income. Bitcoin value is very down now, this is a right time to buy then invest, and wait for the time to goes up the value just sell it. there are lots of ways to store your bitcoin and its up to you on how you will store your bitcoin. Many people prefer to use online because it is very easy to use and its very accessible.
member
Activity: 322
Merit: 16
April 14, 2018, 03:42:55 PM
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.
jr. member
Activity: 194
Merit: 2
April 14, 2018, 03:10:27 PM
Yet, they can't be applicable at all times or places.
I would still prefer hard cash.
hero member
Activity: 966
Merit: 501
April 14, 2018, 03:05:54 PM
Not only cash; gold, credit/debit cards and  etc.. yes these are physical currencies and have existed for centuries. but in the future the bitcoin and blockchain technology will take their place. it will make life easier. these are the revolution of banks and finance.
 

I think this will not replace the fiat currency, but bitcoin will help fiat currency to be converted into bitcoin so that it can help in ease of transactions, so bitcoin and blockchain become an alternative to split the network so that money transfer becomes faster and cheaper
member
Activity: 331
Merit: 10
StartFi
April 14, 2018, 03:00:07 PM
Not only cash; gold, credit/debit cards and  etc.. yes these are physical currencies and have existed for centuries. but in the future the bitcoin and blockchain technology will take their place. it will make life easier. these are the revolution of banks and finance.
 

Bitcoin is the new revolution of currency only, it's not related anything to banks and finance like you're saying . I know that there are so many people think that Bitcoin want to steal away the jobs of banks but actually it didn't work that way.
Misunderstanding is the biggest problem between banks and Bitcoin right now.
jr. member
Activity: 68
Merit: 1
April 14, 2018, 02:58:46 PM
Bitcoin is more safer in terms of on-line transaction rather than credit card or atm because when you transact using bitcoin it does not require much of the information of the owner also you don't to be afraid that it can be hacked. Also bitcoin is better than cash because putting it in your wallet is like putting an investment, it earns without doing anything unlike ordinary cash that we have in our wallet.
if in one country cash would be better. but globally Payments with Bitcoin are easier than credit or debit cards, and can be accepted without a seller account. Payments are made through the wallet application, either on the computer or mobile phone, by entering the recipient's address, payment amount, and hit send. to make it easier to enter recipient addresses, many wallets can now read addresses by scanning QR codes or touching two phones together with NFC technology.
U20
full member
Activity: 546
Merit: 103
CAT.EX Exchange
April 14, 2018, 02:36:52 PM
Not only cash; gold, credit/debit cards and  etc.. yes these are physical currencies and have existed for centuries. but in the future the bitcoin and blockchain technology will take their place. it will make life easier. these are the revolution of banks and finance.
 
hero member
Activity: 728
Merit: 500
April 14, 2018, 02:29:57 PM
I agree with it.Bitcoin is totally online base coin.It is totally secured.But money is not totally secured.And also holding bitcoin is a great process to make you rich.The price will be doubled after 2-3 years.
newbie
Activity: 154
Merit: 0
April 14, 2018, 01:19:17 PM
Yes Bitcoin is certainly more effective than cash. And this is what we all agree to. Even its acceptability is more than the use of cash. But it should also be kept in mind that advanced countries and legitimate countries can only realize its greatest benefits, but others do not get the benefits. Roll Eyes
member
Activity: 224
Merit: 10
April 14, 2018, 01:08:47 PM
I believe bitcoin is better than cash because all work on bitcoin is online and we create our own wallet online which we have a secret password or other many option choice to keep  bitcoin safe. While there is fear of loss in cash.
member
Activity: 184
Merit: 10
April 14, 2018, 01:08:44 PM
that's why bitcoins are created because to replace cash with crypto currencies that are safer and globally accepted. but maybe it will be implemented in the long term because until now bitcoin still not accepted by some countries and still be the subject of conversation that is still not resolved because it can still be exploited by criminals for transactions on the black market
full member
Activity: 373
Merit: 100
April 14, 2018, 01:06:05 PM
Yes indeed bitcoin is always better than cash. But not 100% good, there are still weaknesses there I think. Bitcoin is not yet legal in many countries and not everyone knows it. There are still many people who believe in cash compared with bitcoin. It seems that these people should be given knowledge about bitcoin. This is just my opinion.
newbie
Activity: 134
Merit: 0
April 14, 2018, 01:01:57 PM
Bitcoin does have all the advantages mentioned OP. However, it will not work if there is no internet. That is why there is no better between fiat and bitcoin, this is not competition, fiat and bitcoin complement each other to make the transaction better.
sr. member
Activity: 1694
Merit: 268
Binance #SWGT dan CERTIK Audited
April 14, 2018, 12:57:33 PM
The most common difference between cash and bitcoin is, bitcoin price will pump up but cash will remain cash.Bitcoin can be sent to worldwide within second but cash can't be sent without going to bank or others.Bitcoin can be kept in wallet author security but cash is not.
jr. member
Activity: 196
Merit: 7
April 14, 2018, 12:37:21 PM
I agree, Bitcoin is better than cash  has a constant value bitcoin, and bitcoin has a volatile value, so you can get a very big profit. Besides transactions are easier and cheaper.
 
legendary
Activity: 2016
Merit: 1107
April 14, 2018, 12:12:18 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.



lots of benefits, but bitcoin has transaction fees Cry

can't believe you are discussing it for 68 pages already,seriously
bitcoin does have transaction fees,so do cash and bank transactions
you don't send money for free from bank to bank,do you
bitcoin is not "better" than cash,it is different and has its usage
but cancel cash and you turn the world into a technological despotic state
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