Why Bitcoin is better than Cash. - page 48.

Silberman

legendary

Activity: 2534

Merit: 1338

Quote from: Josepht on September 03, 2017, 05:11:05 PM

Cool that you're posting this here, but I don't think this is the right place. Most people who come here already know the advantages of bitcoin.

You probably should post it on a 'regular' forum where people don't know about bitcoin. It's better to spread awareness there then here.
Telling your friends/family also works better than posting here.

You are correct but at the same time if someone looks for that in google he may get a link to his post and then that persons is going to discover why bitcoin is better than cash but it will also discover this forum which is one of the cornerstones of bitcoin, since even the founder satoshi nakamoto used to have an account in this forum.

howtobuy

member

Activity: 107

Merit: 100

The question is: better for what? If you are looking for a store of value - fiat cash will be more stable, bitcoin can double or halve in value within minutes. In my view bitcoin has very significant advantage - there are no restriction on storing, using or transporting value in bitcoins while the cash has very strong limits in most of the countries.

AshleyAshes

copper member

Activity: 378

Merit: 100

I am far from knowledgeable person in the bitcoin field, but like many I do have certain issues with it - there is certain fear exactly because you cannot take it, cannot touch it, cannot keep it close...
It is advance on the currency market, but at the moment I think it is too early to say bitcoin is better than cash.

Kong Hey Pakboy

member

Activity: 1120

Merit: 68

In my own opinion, bitcoin is more better than cash because bitcoin has more better value and much safer to keep in your wallet than cash. Bitcoin has so many good features than cash that's why many people are very interested to earn bitcoin than cash.

sapnu

sr. member

Activity: 1050

Merit: 286

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 are listed. Bitcoin is indeed advantageous compared to cash. The only problem with Bitcoin as of this moment is that, it is not yet supported by the governments of some countries but surely, in the future they will especially now that there are already ckuntries tgat are doing the same thing. Also digital currencies including bitcoin is the new currency to cope up with the advancement of technology, so I think it also shows that Bitcoin is better than cash.

KennyR

hero member

Activity: 2310

Merit: 532

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: Sir Legend on October 30, 2017, 12:09:08 PM

We can not imagine if we transactions with large amounts of cash, of course will make a robber eyeing us, bitcoin is simple, easy but very secure transaction system so bitcoin better than cash.

Yes, there is lot of complications happening with the large scale transactions with cash as well has got limitations on it. Bitcoin has overcome the limitations and provided the users with a better plan, but in terms of security it provides with a high security but hacking seems to be possible.

BUK2016

full member

Activity: 770

Merit: 126

It is still a little premature to begin to conclude that Bitcoin is better than cash. This because Bitcoin needs to reach a certain threshold and coupled with technology across the length and breath of the world to commence any kind of comparison. There are still primitive societies that lacks the knowledge of how Bitcoin works. General acceptance of the crypto currency is another major challenge

ferdaus

full member

Activity: 406

Merit: 100

Bitcoin is always better than cash. Bitcoin is just a digital field, on the other hand the role of money is less important than Bitcoin, because most countries have historical value used in currencies. Bitcoin requires a smartphone or device, internet, and generally a little harder to handle. Bitcoin is still better than money:

kazy

newbie

Activity: 20

Merit: 0

It is not just bitcoin, cryptocurrencyes are the future in general. Easier to complete payments, easier to transfer and safer to store them.

Jesabela04

full member

Activity: 540

Merit: 100

BountyMarketCap

Quote from: emyaj21 on September 03, 2017, 08:25:19 PM

Bitcoin is more useful than cash, and also easy for transactions and payments. It's like virtual money, you do not need to pay taxes, and you could easily transfer large amount, unlike cash, there is a risk in transactions when it comes large amount.

Well for me, there are reasons why bitcoin is considered as fuctional than cash. In bitcoin , our money is secured. It's value increases without us exerting any effort. Transactions are easy through it. We can use bitcoin to pay bills and with different transactions which is convenient for us.

Harrisonimo

full member

Activity: 490

Merit: 101

It can also be best in storing one's assets coded and not made accessible to the prying eyes of the government. It is important when you are not interested or restraining oneself from spending physical cash easily; so you get to help control yourself from unnecessary spendings. Bitcoin gives opportunities for Cryptocurrency investments, serving as an intermediary between other coins.

z38630610

legendary

Activity: 1050

Merit: 1000

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.

Thank you for your share. But lots of people know the advantages of bitcoin before they start to be interested in bitcoin. When they research deeper about bitcoin they also explore new benefits of bitcoin. Not only in bitcoin, people also explore new advantages of business that they work on. You are right about bitcoin is better than cash. But for todays world bitcoin has little availability than cash. In the future it is going to be changed by people of course. We believe in bitcoin.

Sir Legend

sr. member

Activity: 1792

Merit: 255

We can not imagine if we transactions with large amounts of cash, of course will make a robber eyeing us, bitcoin is simple, easy but very secure transaction system so bitcoin better than cash.

CodyAlfaridzi

hero member

Activity: 1708

Merit: 541

Quote from: stompix on October 29, 2017, 08:38:25 AM

Yeah but they can still the coins from you while you sleep or even while you watch them.
The board if full of people losing their coins without trace.

Stealing? That won't happen if you store your coin safe and secure. Even if I put my Bitcoin in online wallet like blockchain.info you won't be able to gain access without knowing the identifier and password. You can't do that even if I'm sleeping. There are a lot of people got their coin hacked because they don't store their coin securely or getting phished.

The best way to store your coin is in hardware wallets like Trezor or Ledger. Hardware wallet like those two are secure and easy to access at the same time.

Dava.Dina

full member

Activity: 296

Merit: 100

That's why Bitcoin is better than cash,

Because it is unlimited and very useful.
with your cash not allowed to bring a large amount of cash authorities,

Will they know that you have certain cash in hand.

we also create our wallets online that have a secret keyword or private key.

So we have to keep our online wallet safe because hackers can survive in your account tomorrow, should also avoid Cyber crime. How well bitcoin is therefore all working on Bitcoin is online,

musharaf

full member

Activity: 364

Merit: 100

bitcoin is better than cash because most of the business personalities are thinking about online purchases through bitcoin it is possible many other software engineers are feeling well that through this online payment system they can sell their software ans in return they will receive enough amount of bitcoin and when they have enough amount of bitcoin they will sell them at a high prices from every side they will get benifit from bitcoin.

Lannie25

full member

Activity: 378

Merit: 100

because bitcoin is like a GOLD. gold is better than cash too its all about the supply and demand i think bitcoin will be more expensive from now
because where's alot of people will use bitcoin

Mazda17

full member

Activity: 392

Merit: 101

Quote from: filharvey on September 03, 2017, 07:45:27 PM

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.

A good opinion and I agree with your opinion.
If bitcoin is always better than money. With bitcoin, we can easily send large sums of money at very low cost at high speed. Not only that, to get the bitcoin we do not need to pay any tax unless bitcoin is not allowed in the country by the president, therefore with bitcoin our life is better and our money is increasing but with cash, our money still keeps not increase and idle.

jesse550

newbie

Activity: 2

Merit: 0

I think consumer protection is a reason why people continue to use credit and debit cards, consumers like the added layer of being able to report fraud which they can't really do with bitcoin

naitik01

jr. member

Activity: 56

Merit: 10

I believe bitcoin is better than cash because all work on bitcoin is online and we create our own wallet online which
we have a secret password or other many option choice. to keep bitcoin safe.

Topic: Why Bitcoin is better than Cash. - page 48. (Read 13787 times)