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Topic: Why Bitcoin is better than Cash. - page 31. (Read 13801 times)

member
Activity: 719
Merit: 10
ORBIS PLATFORM
December 25, 2017, 07:14:28 AM
Bitcoin is better, because it is easy to store wealth without the need for a strict license or secure, we do not pay taxes, and if we go abroad we do not need to carry cash at risk of being robbed, we can abroad we exchange. Bitcoin in any country without problems.
member
Activity: 672
Merit: 10
December 25, 2017, 12:18:25 AM
If compared to cash I think bitcoin better, this is because with bitcoin we can do many things mislanya transactions are easier and shorter than cash.
full member
Activity: 154
Merit: 100
December 24, 2017, 10:52:24 PM
Bitcoin is like cash - you don't need to go through a bank or credit card network in order to transfer it to another person.

It's better than cash because you can do this over the internet.

It's way better than all other monetary instruments because it is programmable money: you can basically treat bitcoins as symbols to represent anything (like titles to property, for example), and have the distributed peer-to-peer blockchain mechanism enforce title transfers in a provable, reliable way without any notaries.
full member
Activity: 452
Merit: 101
December 24, 2017, 10:47:18 PM
You can't have counterfeit bitcoin but you can have counterfeit cash.
But the transaction fee is very high. I think its no more apropriated as medium of exchange for small transaction. But bitcoin is still good as commodity because the price that rise. So cash still has an advantage against bitcoin.
full member
Activity: 756
Merit: 102
December 24, 2017, 10:42:40 PM
Fiat currency is better than crypto currency because crypto currency is decentralized .There are no leagal actions in case of a criminal activity

Whoever told you that is an idiot.
he's not an idiot because that is a fact. fiats are indeed much better when compared to crypto because fiats can be used anywhere or everywhere without age restrictions and limit but bitcoin or other crypto currencies can't do that due to the fact that they can only work online. however fiats and crypto can always the same when it comes to handling or any legal or illegal actions. fiats are also prone to criminal activities such as money laundering, scamming , extortion, etc. even if its not decentralized.

full member
Activity: 476
Merit: 101
December 24, 2017, 10:25:26 PM
Because some organized crime syndicate always spread fake money and it's getting hard and hard to identify the fake and the genuine one. And it's not very convenient to check every paper you have just to know it's real and none of this happen on btc.
sr. member
Activity: 574
Merit: 256
December 24, 2017, 10:24:44 AM
Bitcoin is better since it gives convenience on transactions on both parties. You can pay and receive btc whenever and wherever you want. It embrances innovation and our fast-paced environment nowadays. This is one of the many reasons why people love btc compared to other currencies.
Honestly, I think the price of Bitcoin and the profit can earning from Bitcoin investment are the reason make many people like to buying it. My family were also didn't trust Bitcoin, but just after the price of Bitcoin reached $10,000 they changed their idea and ask me how to buy Bitcoin, lol.
It is called greed and such people change minds very fast. If bitcoin is low they will again sell bitcoin and will suffer lose so if they are not in favor of bitcoin they should use something else and earn money. For me bitcoin was good and I was not aware of bitcoin at start but now I know bitcoin and I am using bitcoin well I did not invest in bitcoin but I like to invest in bitcoin right now to have bright future.
member
Activity: 154
Merit: 10
December 24, 2017, 06:51:37 AM
Bitcoin is better than real money, but in my country bitcoi can only be used as an investment, real money is still better than bitcoins if they are used as a means of payment.
sr. member
Activity: 2520
Merit: 366
Catalog Websites
December 24, 2017, 06:02:06 AM
Bitcoin and Cash have their respective advantages and disadvantages,
Bitcoin is a technological development to facilitate human work when making transactions, while Cash is our old way of doing transactions,
Blockchain will be used in all transactions worldwide in the future...
member
Activity: 336
Merit: 10
December 24, 2017, 04:43:54 AM
we know bitcoin is the most popular than the another coin.so bitcoin must better .and very big amount stock  a bitcoin wallet .very easily we buy and sell bitcoin  and make cash .. 
full member
Activity: 378
Merit: 100
December 23, 2017, 06:47:44 PM
I agree with all your reasons, you summarized all pretty well
My answer on why bitcoin is better than cash is , the value or the price of bitcoin is has a big chance to increase or to rise it's value very well, and i believe that the bitcoin has a bright future and i think bitcoin is the future of this world, and bitcoin is better because it can be the best currencies among the rest.
full member
Activity: 193
Merit: 100
December 23, 2017, 06:43:20 PM
For me why poeple choose a bitcoin than cash. Because bitcoin is easy to manage and easy to hundle and no corruption and most important is easy transaction and if you have a bill is easy to pay a bill and cashless are flexible to transfer money if you have a big bitcoin.
sr. member
Activity: 448
Merit: 250
December 23, 2017, 06:16:48 PM
As far as I know bitcoin is better than cash that because the value of bitcoin is increasing and you can make profit from it at the same time you can have secured bitcoin since its has a password so nobody can stole it from you  bitcoin can save and earn money. You can change bitcoin to cash so you can get high profit.
newbie
Activity: 51
Merit: 0
December 23, 2017, 06:04:12 PM
I agree with all your reasons, you summarized all pretty well
full member
Activity: 630
Merit: 100
December 23, 2017, 06:02:19 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.
newbie
Activity: 4
Merit: 0
December 23, 2017, 04:08:31 PM
Fiat currency is better than crypto currency because crypto currency is decentralized .There are no leagal actions in case of a criminal activity

Whoever told you that is an idiot.
newbie
Activity: 23
Merit: 0
December 23, 2017, 03:19:06 PM
You can't have counterfeit bitcoin but you can have counterfeit cash.
sr. member
Activity: 1358
Merit: 261
December 23, 2017, 03:03:45 PM
Maybe because if you have a bitcoin into your wallet he can give you a profit because bitcoin is volatile and the movement is always changing very quick sometimes increasing, sometimes decreasing i will give you a example why the bitcoin is better than the cash. Example previously you have a 1BTC in your wallet and the equivalent of 1BTC is 20k and now if you 1BTC the equivalent is 700k or more and if you have a cash on your wallet it will never be change right?
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Activity: 205
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
December 23, 2017, 02:45:13 PM
Earlier  someone had asked the opposite of this question .Fiat currency is better than crypto currency because crypto currency is decentralized .There are no leagal actions in case of a criminal activity.In terms of benifits of crypto currency over fiat currency,less fee for transactions,no need of taking care of any over sea regulations etc. can be considered.
newbie
Activity: 4
Merit: 0
December 23, 2017, 02:18:53 PM
With all due respect, bitcoin is next to useless for everyday or small  to medium scale transaction in its current state. The transaction cost is way, way too high and the transaction time if you opted for no fee is ridiculously long. I prefer cash or my debit card in all those cases.
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