Why Bitcoin is better than Cash. - page 46.

onifla

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Quote from: guy_wonderful on September 03, 2017, 05:06:44 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.

https://s26.postimg.org/gsatkpbnd/download_3.jpg

for me why bitcoin is better than cash it is because Bitcoin better than cash, I think this makes Bitcoin different or unique. Whether this is better than cash is more of an ideological or economic theory type of question, but being unique may be sufficient to ensure Bitcoin can have significant value.

dr.cheema

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so people in eth are starting to move to btc. that explains why btc is going up without the crypto marketcap going up.
those in love with their altcoins are capitulating.
unfortunately for them they will soon get burned.
you don't buy high.
you buy low.
the extra influx of money has stopped.
there is no worse time then buy btc now.

Bitcoinnumberone

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Activity: 364

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Quote from: guy_wonderful on September 03, 2017, 05:06:44 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.

Obviously as what we all know there is no doubt about that cash will be extinct in the future i guess this technology bitcoin is the future and as what we are speculated bitcoin already increasing its market price and it is now better than cash and also better than gold i guess it will be a great discovery.

grizmoblust

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Quote from: big_bounty on November 06, 2017, 01:34:16 AM

I love cash and bitcoin. It seems to me that they can not be compared. Each payment system has advantages and disadvantages. If there is no Internet, then I can not use bitcoin. Then I will use cash

I agree with you, It is too hard when comparing between Cash and Bitcoin. Bitcoin is used as an asset and cash is used as a payment transaction.

big_bounty

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I love cash and bitcoin. It seems to me that they can not be compared. Each payment system has advantages and disadvantages. If there is no Internet, then I can not use bitcoin. Then I will use cash

wurth

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Quote from: gabmen on November 05, 2017, 12:46:09 AM

Quote from: francesyrus on November 04, 2017, 07:12:59 PM

Quote from: guy_wonderful on September 03, 2017, 05:06:44 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.

They prefer using bitcoin because we can send anytime anywhere in the world and it is fast. Bitcoins value is always changing maybe there are times it is down for most of the time it is gaining.

Okay, basically bitcoin is better and a lot more convenient and easy to use than cash, where it's available. The thing that makes cash valuable is you can carry and use it anytime anywhere. Featurewise, of course i'll go with bitcoin but until it becomes as accessible as paper money in your pocket, cash will be more relevant

I like to using Bitcoin for transfer money to other countries, but if you ask me the currency I want to use for nationally payment, of course, FIAT always better than Bitcoin because I can use internet banking and send FIAT within few minutes and the fees also lower than Bitcoin.

Md Faysal

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Bitcoin is more useful than cash. And easy for payments. There are no risk of loosing money. Do not need to pay taxes, and you could easily transfer large amount.

gabmen

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CryptoTalk.Org - Get Paid for every Post!

Quote from: francesyrus on November 04, 2017, 07:12:59 PM

Quote from: guy_wonderful on September 03, 2017, 05:06:44 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.

They prefer using bitcoin because we can send anytime anywhere in the world and it is fast. Bitcoins value is always changing maybe there are times it is down for most of the time it is gaining.

Okay, basically bitcoin is better and a lot more convenient and easy to use than cash, where it's available. The thing that makes cash valuable is you can carry and use it anytime anywhere. Featurewise, of course i'll go with bitcoin but until it becomes as accessible as paper money in your pocket, cash will be more relevant

francesyrus

sr. member

Activity: 616

Merit: 251

Quote from: guy_wonderful on September 03, 2017, 05:06:44 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.

They prefer using bitcoin because we can send anytime anywhere in the world and it is fast. Bitcoins value is always changing maybe there are times it is down for most of the time it is gaining.

Razerglass

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https://bmy.guide

Quote from: FasTroy on November 04, 2017, 06:18:22 PM

Quote from: julzcoinbit on November 04, 2017, 05:06:35 PM

Quote from: tabas on November 04, 2017, 04:47:56 PM

Quote from: btcstory on November 04, 2017, 02:42:30 PM

Bitcoin now is worthy of more than 7000 dollars lol

It's now close to $7,500 and it keeps on pumping. Many says that it's possible to reach $10,000 in no time so everyone before the fork is buying. They'll get two coins at the same time, B2x and bitcoin but many aren't going to support the other chain and this course is still quite debatable.

Yes, That's the reason why bitcoin has a potential than cash. Because here in bitcoin if you just believe you can be rich in anytime or more years to wait in the way of investing in bitcoin. Because this time the value of it is,keep on increasing and there's a near possible to reach $10,000 like what you mentioned.

You are right, bitcoin have a high potential compared to cash, because we all know that bitcoin price increase over the years, so investing in it is too profitable in long terms, and then you can make a huge profit in the future, but with cash you can't do that, because usually the local currency not increase too much each period like bitcoin.

I am an economist and there are some doubts about circulation of bitcoin in case of it gonna to substitute the cash system. First of all bitcoin supply is limited and imo this limit will cause sharp price changes in future.Bitcoin is not suitable for this purpose and there are some other alternatives.

FasTroy

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Activity: 434

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Quote from: julzcoinbit on November 04, 2017, 05:06:35 PM

Quote from: tabas on November 04, 2017, 04:47:56 PM

Quote from: btcstory on November 04, 2017, 02:42:30 PM

Bitcoin now is worthy of more than 7000 dollars lol

It's now close to $7,500 and it keeps on pumping. Many says that it's possible to reach $10,000 in no time so everyone before the fork is buying. They'll get two coins at the same time, B2x and bitcoin but many aren't going to support the other chain and this course is still quite debatable.

Yes, That's the reason why bitcoin has a potential than cash. Because here in bitcoin if you just believe you can be rich in anytime or more years to wait in the way of investing in bitcoin. Because this time the value of it is,keep on increasing and there's a near possible to reach $10,000 like what you mentioned.

You are right, bitcoin have a high potential compared to cash, because we all know that bitcoin price increase over the years, so investing in it is too profitable in long terms, and then you can make a huge profit in the future, but with cash you can't do that, because usually the local currency not increase too much each period like bitcoin.

mr_enoc

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Activity: 276

Merit: 100

Quote from: mammoniter on November 04, 2017, 05:42:37 PM

Quote from: guy_wonderful on September 03, 2017, 05:06:44 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.

This is all true, bitcoin has many advantages and what goes with it are also some disadvantages like reliability to internet and vulnerability to hackers and phishing sites not to mention a lot of scammers online waiting for unsuspecting individual investors. Bitcoin has a long way to actually replace cash as a mode of payment but as a currency I think bitcoin is better in my opinion.

Yes, bitcoin has its advantages and disadvantages too but even if bitcoin has its own disadvantages i still believe that is better than cash.

Correct, bitcoin has a long way before it eventually replace cash when it comes to mode of payment but i believe that bitcoin is more better and very convenient to use.

mammoniter

full member

Activity: 574

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Quote from: guy_wonderful on September 03, 2017, 05:06:44 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.

This is all true, bitcoin has many advantages and what goes with it are also some disadvantages like reliability to internet and vulnerability to hackers and phishing sites not to mention a lot of scammers online waiting for unsuspecting individual investors. Bitcoin has a long way to actually replace cash as a mode of payment but as a currency I think bitcoin is better in my opinion.

silhsoul

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I think once altcoins market stabilize Bitcoin itself will be only used in mean of storaging cryptofunds. We will see *unnamed_random_coin* doing better than cash in future but definitely not Bitcoin I think.

JCO05

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Quote from: guy_wonderful on September 03, 2017, 05:06:44 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.

I agree with the things that you've mentioned. Also, its market value increase continuously that makes it also profitable as an investment and not only as a currency. Bitcoin's narket value grew so far from its market price years before. It is now priced at 7400$ and still continues to increase making it one of the best investments so far.

julzcoinbit

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Activity: 434

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Quote from: tabas on November 04, 2017, 04:47:56 PM

Quote from: btcstory on November 04, 2017, 02:42:30 PM

Bitcoin now is worthy of more than 7000 dollars lol

It's now close to $7,500 and it keeps on pumping. Many says that it's possible to reach $10,000 in no time so everyone before the fork is buying. They'll get two coins at the same time, B2x and bitcoin but many aren't going to support the other chain and this course is still quite debatable.

Yes, That's the reason why bitcoin has a potential than cash. Because here in bitcoin if you just believe you can be rich in anytime or more years to wait in the way of investing in bitcoin. Because this time the value of it is,keep on increasing and there's a near possible to reach $10,000 like what you mentioned.

jayco25

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thanks for the very informative info regarding bitcoin and digital currency. I hope will read and enlighten regarding this matter

tabas

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Quote from: btcstory on November 04, 2017, 02:42:30 PM

Bitcoin now is worthy of more than 7000 dollars lol

It's now close to $7,500 and it keeps on pumping. Many says that it's possible to reach $10,000 in no time so everyone before the fork is buying. They'll get two coins at the same time, B2x and bitcoin but many aren't going to support the other chain and this course is still quite debatable.

gz1derbread

newbie

Activity: 48

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Yes, all these advantages of bitcoin allow it to enter the world economic market, but, unfortunately, while we can not use it as a full currency due to the lack of places where it can be spent, but I hope that this will change in the near future.

Belkaa

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Activity: 39

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Bitcoin is far more better than cash bitcoin open a lot of opportunity for trading, investment and the most amazing part is the Blockchain Technology. As for me the main reason is that Bitcoin is the cheapest way to send international payments. As someone who works online, I’ve tried many different payment options and Bitcoin is the cheapest.
Also Anonymity is most important key.

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