Topic: Why Bitcoin is better than Cash. - page 37. (Read 13801 times)

Easy to transaction and payments.
No need to pay taxes.
It has useful privacy system.
It is more safer in terms of on-line transaction rather than ATM.

There is no control, whoever gets access to your private keys can empty out your balance just like that and you cannot turn to anywhere for help.
Since only a password, privatekey etc is needed and no form of any identification, anyone can be forced out of their passwords etc under duress. The more crypto advances the more this is going to be a major issue. Also not everywhere on this planet have people access to the internet, so yes we still have need of banks.
No fees? Every transaction has a fee, it's clear you failed to grasp the concept of crypto currency. And the more transactions there are to be processed the higher the fees become to get fast transactions.
Bitcoin isn't accepted for food shopping, I can not go to my supermarket and pay with Bitcoin. Only some places accept these cards, not the entire planet.
Where? Almost nowhere. Bitcoin doesn't have an instant pay function, the miners need to process it with their fees attached to it.
Zero risk? Fill out the wrong deposit address and you do not get any chance to correct it, once exchanged it is gone even if the address was wrong. Insurance? There is none. Just by saying it does not mean that there is, either explain or show proof to make your point.
No they are not, to understand the concept of crypto like bitcoin you need to read up quite a bit about it to even be able to grasp the basics of it.
So you think a small bussiness like a coffee shop is going to wait untill all confirmations are completed to hand out the cup of coffee? The more Bitcoin is being used the more unconfirmed transactions start to clutter, right now only max 9 or 10 transactions can be completed per second, so with everyone using Bitcoin the more and more micro transactions would happen and the entire transactions system might even collapse due to a zillion unconfirmed transactions. Banks handle over a quarter of a million transactions per second just like that.
Also the small bussiness needs to cover his expenses and cannot wait untill the transactions are completed to even be able to pay his rent with it.
And add the miners fee to the micro transaction and suddenly the cup of coffee has become twice as expensive, nobody would use it this way.
Transactions of bitcoin is anonymous so no black money can be found anywhere. It would only become transparant if every wallet address could also get tied to an identification, this is not the case.
Exactly, any one can make use of it when they get their hands on your private key, password etc. to gamble it all away or transfer it to theirs.

It is way better than cash because of its capability to buy and pay things that is far from us. We can also use bitcoin in sending money from one point to another.

Yes, there are many benefits of bitcoin over cash. Bitcoin is the step towards digitalization, cashless online trasactions. And as it is decentralised anyone can do transactions from anywhere in world.

To sum up, bitcoin offers privacy, anonymity, security and frowns on double spending,. It functions in every way like cash except its physicality and so i agree with you that they both have their strengths and weaknesses but all the same bitcoin boast of better advantages than physical cash.

Bitcoin as a technology and medium of transfer is still in the early phase and hence there are not many merchants on board who are accepting Bitcoin as a payment option for their good and services. However, crypto/Bitcoin-friendly market environment is yet to develop but we are moving in that direction and within next 5 to 10 years, we will see Bitcoin as a mainstream payment option but still, people will be using cash at that time.

I think the reason why Bitcoin is better than cash because of its value; the value of Bitcoin has a big chance to increase and to capability to be safe. Unlike cash, cash cannot be increases easily.

Absolutely right,  bitcoin is better one than money because of its benefits to many people and it can be earn or gain by some easy step not like money.

I think what you say and all your opinion is very precise about the benefits in bitcoin and many people who use bitcoin as a means of payment in cash but in my country for now can not use bitcoin as official payment instruments such as the currency prevailing in the country

In some points yes bitcoin is better than cash because of the availability and the friendly user function of this.
Not mentioning its continues price growing.

But ofcourse the presence of cash is always needed for emergency purposes when time comes that internet or electricity wasnt available.

That it is a digital currency makes it better than cash. if i had to travel today, i could just buy bitcoin in my currency and change it to the currency of the country i am travelling to when i arrive there. who knows, the price might have increased by then so i would also have made some extra money.

BTC and cash has its own advantages and disadvantages, cash may have certain losses because of inflation, and the currency has the very high appreciation potential, single from the perspective of investment, must select the BTC.

Soon in the future, when technology already become more advanced by the time, cash and bitcoin will trying to compete even harder. maybe right now, as you said both have their own worlds
but it's not for long, the adoption of bitcoin will increase alongside with the growing of technology advancement, the phyiscal cash will become obsolete and any government will try to digitalize all their currencies.

Bitcoin is better than cash because Bitcoin has a bigger value than our own currency and it's known in every country. You can earn and invest here a money. You can change your Bitcoin to a real money and you can also save money for your future.

The way I see it both has their own worlds and function to its users. Cash being in the physical world only means we use it in a daily basis like buying foods or for transportation etc. While bitcoin is in the digital world which means it is technologically more advance than cash, it has more uses and has more advantages that is why it is much better than cash.

Bitcoin is better than cash in many aspects.Bitcoin is not legalized in many countries and so, we enjoy tax free income.Also,we could send huge money with very low transaction fee.Cash would just remain idle while bitcoin would increase in value even within a day.Bitcoin is safe in our wallet which could not be easily hacked but also immediately transferred to any parts of world immediately.

Bitcoins and money are practically same yet sometimes the bitcoins is superior to anything the money and those cases are the bitcoins has high security nobody could hurt bitcoins however money could be effortlessly hurt the costs of bitcoins are going high and high yet the costs of money don't change that is the reason bitcoins is superior to money.

Because cash does not have any prospects, it's a simple currency. A crypto currency will have an economy in its code, start-ups, ideas, technologies, projects, and much more.

Although I have a method to solve this issue is paper wallet of Bitcoin, but it is very risky because you need to keep all your Bitcoin in this wallet while paper is the worst choice to hold money. The value of 1 BTC not cheap as 1 dollar, so, I do not think it is useful.

I like this photo under the post, but show me in reality the one, who will do it? Bitcoin is better than cash only if you have a constant access to internet. Yes, it is safe, fast in transactions and you can invest into it. But what if you have to go somewhere, where only cash is taken? Here your BTC will be useless.