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Topic: Why Bitcoin is better than Cash. - page 42. (Read 13787 times)

hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
November 16, 2017, 09:38:03 AM
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.


great comparison mate.good enough to understand why bitcoin is better to use than physical money,i love the way you put every single details of its advantages.but it doesnt mean enough to replace cash because cash will remain as cash.and bitcoin will remain virtual.forever
full member
Activity: 616
Merit: 100
November 16, 2017, 09:30:13 AM
maybe the main answer is because all people in their environment is know about bitcoin and accept bitcoin as the payment, maybe their environment is just accept real money to their transaction so in this situation makes bitcoin is useless.
hero member
Activity: 2590
Merit: 644
November 16, 2017, 09:14:20 AM
We all know that bitcoin has a lot of advantages that the users are being benefited from. Bitcoin can do way more than cash. Transactions made in bitcoin are fast and easy it doesn't requires a lot of signatures, papers, etc. unlike when doing transaction with cash where in they need to know every information.
Doing transaction is only one of the best thing about bitcoin because it give hassle free kind of option in making payments. Bitcoin is also a great way of investing money because just after a few years, its price can go up to hundred of gains and that can make your rich in a shorter period of time rather than any type of investment that we have in physical world.
newbie
Activity: 40
Merit: 0
November 16, 2017, 05:52:25 AM
Bitcoin is always better than cash.For our bitcoin earnings,we are not accountable to government and we need not have to pay taxes unless it is legalized in the particular country.With bitcoin,we could easily send huge amounts of money with very low fee at high speed.With bitcoin,our money value increases,but with cash,our money just remains idle.

And even if you are traveling overseas then there is a limit to carry certain amount of cash and there is always a risk of loosing money or getting stolen or robbed but you can carry any amount of bitcoins in your bitcoin wallet and no one will come to know how higher amount of money you are carrying with you.

Yes and I find it a hassle to carry with me always those bulky wallets or noisy coins which is somewhat risky also. I hate how cash is passed down from different people all throughout the years it was made, I mean imagine how dirty it is just to be used again and again. Another thing is cash and coins can be easily forfeited or faked and even mass reproduction of counterfeit bills are a common scenario that happened in the past unlike bitcoin who is practically uncrackable and copied.

I agree many bacteria is on the money nowadays. Bitcoin is online and has never been passed to somebody in real life. So you will not carry a virus in your pocket but instead a coin without a virus.

Some people got actually sick because there are a lot of bacteria's on money now.
sr. member
Activity: 364
Merit: 256
November 16, 2017, 05:49:59 AM
We all know that bitcoin has a lot of advantages that the users are being benefited from. Bitcoin can do way more than cash. Transactions made in bitcoin are fast and easy it doesn't requires a lot of signatures, papers, etc. unlike when doing transaction with cash where in they need to know every information.
member
Activity: 266
Merit: 16
November 16, 2017, 05:37:14 AM
bitcoin is better from cash?? coz we know bitcoin has a higher value right now and for cash it husle coz we have many users so maybe banks will saying that they will encounterd error
full member
Activity: 378
Merit: 100
November 16, 2017, 03:32:48 AM
the surplus of bitcoin from the cash may already be a lot of know, but I think for people new to bitcoin will be surprised to see the current bitcoin prices, so they may be rethinking to invest their money in bitcoin
full member
Activity: 266
Merit: 100
November 16, 2017, 03:10:53 AM
Bitcoin is better than Cash because it's fast,
transactions can be seen in BLOCKCHAIN And it's safe,
this is what I know as long as I plunge into the world of Bitcoin and the cryptocurrency...
full member
Activity: 798
Merit: 182
November 16, 2017, 02:22:53 AM
It has a faster way to transfer a money to another country without paying tax. You can earn and invest money here.
Bitcoin is the digital currency and decentralized
Decentralization is one of best feature of bitcoin, we don't need bank anymore to save money if we use bitcoin as medium of exchange. The decentralization will make world economy better because it's prevent someone to control big capital in bank.
newbie
Activity: 93
Merit: 0
November 16, 2017, 01:29:12 AM
The true reason why some country does not allow to use bitcoin or some governments either because of corruption and problem of control money flow. Even bitcoin better than cash in some ways but you can not corruption if the whole world using bitcoin. Moreover, some governments do not want money outflow too much and they are unable to control that so they will make bitcoin banning.
newbie
Activity: 56
Merit: 0
November 16, 2017, 01:22:47 AM
It is not better than cash nor cash is better than bitcoin , both of these are termed as currencies by many but they have totally different features for example bitcoin price changes and isn't stable like cash , to make payments to someone using bitcoin we have to pay a fee which isn't there for cash , holding bitcoin is more profitable than cash all these differences are not similar at all hence bitcoin is like a investment while people can invest in cash
I think you make a lot of sense, they have their own strengths and weaknesses
full member
Activity: 518
Merit: 106
WWW.BLOCKCHAIN021.COM
November 16, 2017, 01:16:38 AM
BTC can't be hacked so easily on contrary money can be robbed by people that don't have an interest on life of others where they get or how did they get the money they don't care about that so fuc*king insane
newbie
Activity: 56
Merit: 0
November 16, 2017, 01:00:41 AM
It has a faster way to transfer a money to another country without paying tax. You can earn and invest money here.
Bitcoin is the digital currency and decentralized
member
Activity: 84
Merit: 10
November 16, 2017, 12:43:28 AM
Bitcoin is digital and decentralized. With Bitcoin people get the liberty to exchange value without intermediaries which translate to greater control of funds and lower fees. It’s faster, cheaper, more secure and immutable. Cash is controlled by banks while bitcoin has owners.
sr. member
Activity: 1484
Merit: 254
November 15, 2017, 11:55:35 PM
Transaction with bitcoin is very easy and fast, bitcoin excess is can be used for transaction with cheaper cost, if with bank we need at least $ 20 whereas with bitcoin we can under $ 5.
sr. member
Activity: 406
Merit: 250
November 15, 2017, 11:41:50 PM
There's one more advantage of Bitcoin. It can be easily earned by participating in bounties. But still not widely spread. Also I think that more regulations will appear after it becomes widely spread.
full member
Activity: 350
Merit: 100
November 15, 2017, 11:36:10 PM
For many bitcoin it is first of all investment. Never usual money will make for you such huge profit on deposits) And secondly, when using cryptocurrency you exclude any there intermediaries who want to receive your money (taxes, the commissions etc)
newbie
Activity: 56
Merit: 0
November 15, 2017, 11:15:11 PM
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.
member
Activity: 183
Merit: 10
November 15, 2017, 11:05:44 PM
Bitcoin is a digital money and you can trust on it because it can't easily get by anonymous human. It has a faster way to transfer a money to another country without paying tax. You can earn and invest money here.
member
Activity: 72
Merit: 10
November 15, 2017, 10:33:44 PM
Yes, Bitcoin is more useful than cash and easy for transactions.  there is a high risk in transactions when it comes large amount of money but when it come to bitcoin its very easy and safer to make a transactions and also for our payables.
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