Topic: Why Bitcoin is better than Cash. - page 33. (Read 13801 times)
Bitcoin is better than the cash in the many way. 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.this is my reason why the bitcoin is better than the cash
Nice post. But I think people here are already aware of your facts. It's better to post this on a different forum.
Bitcoin is far better than cash for so many reasons, (1) for economic reason, the cost of mentain cash is too high, bitcoin also online transaction more easier, because by the twinkle of an air you can buy whatever you want with bitcoin without any bottles neck of government cash policy.
Their are various reasons which concluded that bitcoin is far better than money and these reasons are when we earn bitcoin then we doesn't have to pay any tax but in case of real money that doesn't happen. Bitcoin is a virtual currency and available everywhere and easy to exchange into any other country currency but in case of real money it is quite difficult. Bitcoin price is stable every where while real money price is not stable every where. Bitcoin is less volatile and globally accepted and transition through it doesn't interfere any government department but these thinks doesn't happen with real money. Due to above reason Bitcoin is better than real money.
Below are a few benefits of using bitcoins which make it better than any conventional currency: ... Less volatile than cash: Bitcoin has a global acceptance and is less volatile than cash / local currency. Due to this feature, it becomes easier to conduct transactions across boundaries and online.
Bitcoin international version of local cash. Any cash transaction need to governed by the protocols of the currency. On the contrary transaction using bitcoin is free of tax and you could easily transfer large amount without the risk in transactions. It could also be termed as virtual cash and hence be more useful than cash. You could use you bitcoin wallet and carry virtually infinite money without the fear of the exposing the limits. Hence, bitcoin just makes it easier for its users to store their wealth in the grip.
As for me Bitcoin is so much better than cash because cash is very limited in its use. It cannot be worldwide. When you leave your country and spend your vacation somewhere else in the world, your country's cash will no longer be acceptable. You will be forced to look for money exchangers and convert your cash to another set of bills of the country you are in. With Bitcoins, it will not be the case. Bitcoin remains accetable globally.
Lol you probably never ever travel to other country . For many years you can use your home visa or master card , money automatically exchanged, this days for free lol
It's always satisfying to listen to the benefits of this 2.0 lol currency. And in addition to saying that btc does not suffer of the inflation in contrast to fiat currencies, it must also be remembered that it may also be subject to deflation...
Bitcoin for now is better than cash because the value of bitcoin is so high. Now a days more of people using bitcoin. If you have bitcoin right now you used it to buy things. That will be efficient if that is what's happening, but mostly, bitcoin is not used as a payment to things that you can buy since bitcoin is not that still popular. The value of bitcoin may be so high, but that doesn't mean that Bitcoin is greater than Fiats or cash. Fiats are still used because it is good for the country unlike bitcoin. Bitcoin is still volatile unlike cash that is stable, so I think in terms of buying things that I need or I want, I will be using cash, but in terms of making an investment, I will go with bitcoin.
no tracking
less fees
plus if u live gambling u may make 2x ur money in a week
On what planet do you live? Do you talk about bitcoins? With gambling you can make x 2 in a seconds or lose all, that is gambling it doesn't matter with what you gamble.less fees
plus if u live gambling u may make 2x ur money in a week
Bitcoin is better for some things but cash is still present in our lives. I like bitcoins more cause its decentralized and cause with bitcoins we have alternative. We don't need to use cash and help banks to earn more on us, like they are not rich enough.
As you can see the popularity and long demand of bitcoin today that's why bitcoin is better than cash,you can use bitcoin in investment and tradings to earn more profit and if u use bitcoin in paying bills very fast and we can send money anywhere without any hassle,then real money if you pay in any stablishment very hassle and high fees and also government can get big tax.
I never think that bitcoin is better than cash. I know bitcoin is great as virtual or digital money but it not reference to make it better than cash. Both bitcoin and cash money have each advantages and disadvantages. Thats my opinion.
In terms of saving cash vs. holding bitcoin, id rather choose on investing bitcoin because cash that is usually been saved into banks has low interest rate in a long range of time while bitcoin can earn high in just one month of holding ( if you are lucky enough that its price gets high. it is so volatile tho)
Can't believe bitcoin is better than cash we should know bitcoin have huggable price in the market and holding bitcoin for long term is very profitable. Fiat are recognized in the whole world but bitcoin today have many question for legality in many country but i believe later on bitcoin become legal all over the world i think that time bitcoin replace the cash money but today i disagrre on that idea because cash are common use of people to buy anything.
As for me Bitcoin is so much better than cash because cash is very limited in its use. It cannot be worldwide. When you leave your country and spend your vacation somewhere else in the world, your country's cash will no longer be acceptable. You will be forced to look for money exchangers and convert your cash to another set of bills of the country you are in. With Bitcoins, it will not be the case. Bitcoin remains accetable globally.
It's always satisfying to listen to the benefits of this 2.0 lol currency. And in addition to saying that btc does not suffer of the inflation in contrast to fiat currencies, it must also be remembered that it may also be subject to deflation...
Bitcoin for now is better than cash because the value of bitcoin is so high. Now a days more of people using bitcoin. If you have bitcoin right now you used it to buy things. Bitcoin is constantly superior to money. To our bitcoin earnings,we are not responsible on administration and we compelling reason not must pay expenses unless it will be legalized in the specific nation. For bitcoin,we Might undoubtedly send colossal sums for cash for altogether low expense In secondary velocity. With bitcoin,our cash esteem increases,but with cash,our cash Exactly stays unmoving pulley.
Bitcoins has both pros and cons.Pros:
Deflationary curremcy
Decentralized
Not controlled by banks
Minable
Ability to buy "stuff" with btcoin
Even appreciating in value
Tradable and transferrable across the world without fees
Cons:
Only vitual: You lose bitcoin if you lose password/private key
Suscetible to forks
Highly volatile
Need to be tech savvy and keep regularly updated about whats happening
some aspects can be too complicated - paper wallet, cold storage etc
Beside that, it also needs you spend a lot of money for transaction, it is worse than Bitcoin while Bitcoin can provides a service global transfer money with low fees and short time confirmation.
Bitcoin is constantly superior to money. To our bitcoin earnings,we are not responsible on administration and we compelling reason not must pay expenses unless it will be legalized in the specific nation. For bitcoin,we Might undoubtedly send colossal sums for cash for altogether low expense In secondary velocity. With bitcoin,our cash esteem increases,but with cash,our cash Exactly stays unmoving pulley.
Bitcoins has both pros and cons.Pros:
Deflationary curremcy
Decentralized
Not controlled by banks
Minable
Ability to buy "stuff" with btcoin
Even appreciating in value
Tradable and transferrable across the world without fees
Cons:
Only vitual: You lose bitcoin if you lose password/private key
Suscetible to forks
Highly volatile
Need to be tech savvy and keep regularly updated about whats happening
some aspects can be too complicated - paper wallet, cold storage etc
A few benefits of using bitcoins which make it better than any conventional currency;
It’s faster, cheaper, more secure and immutable. Cash is controlled by banks while bitcoin has owners.As we already know, Bitcoin can help us do online shopping. It’s like an e-wallet which can be created blockchain technology to store, track and spend digital money.Bitcoin has a global acceptance and is less volatile than cash / local currency. Due to this feature, it becomes easier to conduct transactions across boundaries and online.
I want to add something that no real way of keeping a track of conventional currency the underlying technology behind bitcoin, which is, blockchain is what makes or breaks it. Thousands of computers in a distributed network use cryptographic techniques to create a permanent, public record of every single Bitcoin transaction that has ever occurred. This record will be very valuable for various things besides tracking payment. While there is no real way of tracking cash.It’s faster, cheaper, more secure and immutable. Cash is controlled by banks while bitcoin has owners.As we already know, Bitcoin can help us do online shopping. It’s like an e-wallet which can be created blockchain technology to store, track and spend digital money.Bitcoin has a global acceptance and is less volatile than cash / local currency. Due to this feature, it becomes easier to conduct transactions across boundaries and online.
Although humans can take advantage of the nature of the blockchain to carry out activities such as crime, bribery or money laundering, but the nature of the blockchain is forever fresh.
I think the best part is that there are no boundaries to bitcoin or cryptocurrency. No exchange values and no third party interventions. Bitcoin provides seamless transactions across nations with a ledger being maintained at the backend.
Bitcoin is peer-to-peer and open, yet secure and nearly frictionless bitcoin allows exchanging value over the internet without any intermediary and gives its users access to their balance through a password known as a private key. So it’s private, secure and at the same time,open.
Jump to: