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Topic: Why Bitcoin is better than Cash. - page 47. (Read 13801 times)

member
Activity: 400
Merit: 12
November 04, 2017, 02:46:07 PM
It's my view point why bitcoin is better than cash because bitcoin value will be ingres day by day but in Cash there no option and bitcoin is a digital currency you can send it to anyone in the world within few minutes, so people love to use bitcoin.
newbie
Activity: 28
Merit: 0
November 04, 2017, 02:42:30 PM
Bitcoin now is worthy of more than 7000 dollars lol
newbie
Activity: 24
Merit: 0
November 04, 2017, 02:38:17 PM
For me Bitcoin is better than cash because it is simply the same everywhere. No more localised fiat money, but a worldwide accepted money. Finally we have a payment system which liek gold can be accepted by anyone but unlike gold is easy to use and transact.
full member
Activity: 336
Merit: 100
November 04, 2017, 02:36:36 PM
Bitcoin is better then cash.Cause If i traveling any place then I have to take money.But If there is a problem in the path, A robber takes my money or I lose money then What i do.If there is a bitcoin without cash money here, If I have these problems, then nothing will happen.I know It,s a small example.Maybe there may be a lot better example, Why Bitcoin is better than Cash.
full member
Activity: 434
Merit: 100
November 04, 2017, 01:05:26 PM
It is not that it is better but it has a lot of advantages rather than cash. We could not say that it should take over the cash as an alternative because when that happens government would take over and that where bitcoin will suck and become what is cash today. So it is better to be on its natural habitat rather than taking over the place of cash to prevent loss of its value.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
November 04, 2017, 12:47:31 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.

And it's also worse than cash because you can't do this without 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.


You're mistaken bitcoin with blockchain.
Bitcoin represent only one thing. One bitcoin or 100 million satoshi.
The others are possible implementations of the blockchain and until now there have been no real attempts other than scamcoins to create such a thing.
Don't even dare to bring eth into the discussion.

For me Bitcoin is better than cash because Bitcoin can used online using through buy and sell some altcoins in trading.

You can do the same with cash using an ATM.
That's not a real  advantage, mostly because you can't use bitcoin offline.
So in a swap competition cash is still the king.
newbie
Activity: 3
Merit: 0
November 04, 2017, 12:05:50 AM
For me Bitcoin is better than cash because Bitcoin can used online using through buy and sell some altcoins in trading. Bitcoin can save in our wallet so that  when the bitcoin price will high  you will earn or profit by means of strategy of "Buy low, sell high". And lastly Bitcoin can spend like buying thru online gadgets in an online shops or can pay bills and other most important needed using Bitcoin.
newbie
Activity: 14
Merit: 0
November 03, 2017, 10:24:19 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.



For me the reason why bitcoin is better than cash because in bitcoin if you buy something by the use of it, you can be sure that is not a scam. And I think that there are things that only Bitcoin can buy. My friends told me that. He said that he can buy anything by the use of Bitcoin because for now bitcoin is so popular to us and many people want to have a bitcoin.

Burn all you fiat. I mean, convert it to bitcoin. I mean... erm.
member
Activity: 103
Merit: 10
November 03, 2017, 05:33:34 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.

Some people are working on setting up fully autonomous corporations using Bitcoin infrastructure. These will be essentially computer programs that own and spend bitcoins, and sign and enforce contracts, without any human employees.
Because its cashless payment and that is one  of the advantage of bitcoin. But i think its better if we also have cash because is very convenient to buy in some store when we have some cash.
I can't use Bitcoin when I live in a place has not internetion network to access the Bitcoin network. So, in my opinion, Bitcoin needs to solve this issue if it wants to be better than Cash, else, Cash always still the best choice for offline payment. Kiss
hero member
Activity: 1498
Merit: 586
November 03, 2017, 02:43:32 AM
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.

Some people are working on setting up fully autonomous corporations using Bitcoin infrastructure. These will be essentially computer programs that own and spend bitcoins, and sign and enforce contracts, without any human employees.
Because its cashless payment and that is one  of the advantage of bitcoin. But i think its better if we also have cash because is very convenient to buy in some store when we have some cash.
newbie
Activity: 12
Merit: 0
November 03, 2017, 02:32:40 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.
full member
Activity: 378
Merit: 100
November 03, 2017, 02:30:27 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.



For me the reason why bitcoin is better than cash because in bitcoin if you buy something by the use of it, you can be sure that is not a scam. And I think that there are things that only Bitcoin can buy. My friends told me that. He said that he can buy anything by the use of Bitcoin because for now bitcoin is so popular to us and many people want to have a bitcoin.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
November 03, 2017, 02:26:27 AM
Bitcoin is more efficient now a days ...da more tym flies it is more  demanding in industry.bitcoin price is changing every time if you take a risk dis will change ur lyf ..

Efficient? The basic issues (especially those associated with scaling) are still persisting. Most of the users are not very happy with the high fees and delayed confirmation time. And this is exactly where Bitcoin Cash is trying to beat Bitcoin. But I am no longer comparing Bitcoin with physical cash, because I no longer regard BTC as a currency. 
sr. member
Activity: 582
Merit: 250
An Impressive Purely Anonymous Currency.
November 03, 2017, 02:15:28 AM
I personally think bitcoin is much safer to store if you do it correctly.  You also don't have the government watching every move your finances do when using cash in banks or cards.

Bitcoin will always be more private than using normal cash.
newbie
Activity: 72
Merit: 0
November 03, 2017, 02:10:26 AM
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.

Some people are working on setting up fully autonomous corporations using Bitcoin infrastructure. These will be essentially computer programs that own and spend bitcoins, and sign and enforce contracts, without any human employees.
full member
Activity: 286
Merit: 100
Global Risk Exchange - gref.io
November 03, 2017, 02:07:17 AM
bitcoin has a value that depends on indicative rates so if you plan on having more you can convert it to sterling if the market exchange rate is good.
newbie
Activity: 14
Merit: 0
November 03, 2017, 01:42:54 AM
I treat bitcoin and cash equally important, the importance of bitcoin is that its good for saving in the long term because bitcoin has a higherr rate of increase. as for cash money anywhere you should go travel cash money use it in the country they do not know the bitcoin as currency but if the bitcoin knows around the world and accepted of all nation as currency i will go to bitcoin because bitcoin is easy to use in any transaction using the new technology.
full member
Activity: 518
Merit: 101
October 30, 2017, 07:52:19 PM
Actually bitcoin is not better then cash in every single way. Bitcoin is better by some way, like: it’s online coin so I can buy online and also I can sell my coin, and it’s always in my hand so I can access any time I want.

There are actually pros and cons in Bitcoin but to give some example of why bitcoin is better than cash, consider bitcoin's volatility. It's market value rises like crazy unlike USD, EUR, and GBP.
Another reasons why bitcoin is better than cash are:
  • Value
  • Transaction fees
  • Portability
  • Transferability
  • Security
  • Deniability
  • Divisibility
full member
Activity: 266
Merit: 102
October 30, 2017, 07:43:06 PM
The reason why bitcoin is better than cash is that you can  avoid to scam. Bitcoin is very safe than cash because in order to have money or the so called cash ,first is you need to exchange your bitcoin or first you do the cash out. Many people scam. In bitcoin, no one  can see how  much money you have except from you. And also,  no one can see if you have   money unlike cash.
newbie
Activity: 25
Merit: 0
October 30, 2017, 07:37:45 PM
bitcoin is better than cash because bitcoin has a great chance to increase its value while cash does not increase in value even if it is very likely to be eroded by inflation
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