Why Bitcoin is better than Cash. - page 5.

Theonethatgotaway

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Quote from: mxyzptlkof6th on April 13, 2018, 09:12:38 PM

For me, because you can get profit from it and you can grow it more and more. And it is also very convenient, and it gives people opportunity to invest in it and make more money via online.

Bitcoin and its alternatives are better than cash because it is based on cryptographic algorithms so it is encrypted. Bitcoin can be purchased through an online exchange. Bitcoin is less volatile than local currency/cash therefore it is easier to conduct any transaction online. Also in bitcoin duplicate is impossible unlike cash that can easily be copied or duplicated.

J Gambler

hero member

Activity: 910

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Quote from: Wish 107.5 on April 13, 2018, 02:30:48 PM

Quote from: ace4549 on April 13, 2018, 02:19:41 PM

For me bitcoin is better to cash because bitcoin cannot be stole easily by the bad people which have an intention to stole your money.
Bitcoin for others is more convenient to use than to our traditional because you don't need to go outside just to send money to your family.

Bitcoin is better than cash because of its value. It's getting high compared to cash; hence, it is such a great for long-term investment. Also, it is really convenient in terms of payment etc.

Bitcoin's value is much higher than of cash that's why it's better. Other than that bitcoin is can be used in some transactions over long distances with the means of internet. Bitcoin is also better than cash in terms of easy and faster trading which is convenient for many. Compared to cash bitcoin is a much improved version.

shoreno

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Quote from: mxyzptlkof6th on April 13, 2018, 09:12:38 PM

For me, because you can get profit from it and you can grow it more and more. And it is also very convenient, and it gives people opportunity to invest in it and make more money via online.

but you can also get a profit from cash by just trading it to other currencies or by investing other things such as gadgets (i.e cellphone , computer laptops , etc. ) and then you can sell it for a much higher price. You can also grow your cash by just hodling or saving it alone but without the risk of loosing because you are keeping it on your own hands and also cash are not volatile as cryptocurrencies.

Thats why i think cash is a hell lot better than bitcoin or any other cryptos. cash is risk free and most importantly it is verry easy to use and handle.

mxyzptlkof6th

member

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For me, because you can get profit from it and you can grow it more and more. And it is also very convenient, and it gives people opportunity to invest in it and make more money via online.

Konco126

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I think that's all really a bitcoin benefit for the users. But in addition there are weaknesses or lack of bitcoin that can be used for gambling and corruption. Which I know only that, because around me many people who do like that. We should not see the benefits alone, see also the lack of bitcoin that we must avoid so bitcoin remain safe and well maintained.

airdnasxela

sr. member

Activity: 728

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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.

The reason why people used cash or credit cards and the like is because they do not still know that there is a reliable cryprocurrency available. They are misinformed and sometimes misguided in bitcoin that is why they opt to choose paper money. Maybe what you enumerate must be in other parts of social media not here because yes maybe there are few here that are still not knowledgeable about bitcoin but I am quite sure that most viewers here knows bitcoin. Inform those people that are not here or use another platform rather than this platform.

Gens09

sr. member

Activity: 434

Merit: 250

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.

Bitcoin is better than cash because bitcoin can
increase its value unlike cash the value of it is still the same. And also, bitcoin is digital it cannot be sell easily because you will convert it in your currency.

paras20

newbie

Activity: 126

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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

They say bitcoin is better than cash because bitcoin is a digital money a electronic money you can use it for everything it is one way for faster transactions

Jimbo Abu

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Activity: 170

Merit: 6

(┛❍ᴥ❍)┛彡Axi

Bitcoin is better than cash because you can grow it more and you can get too much profit from it. I like bitcoin because maybe in the nearly future, it will be our current money.

randyjayag3

newbie

Activity: 70

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Bitcoin is better than cash if the transaction is online. As the time goes by , all transaction becomes online.

Afinity26

newbie

Activity: 25

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Bitcoin is better than cash because it undergoes a process of growth and also is one major crypto-currency that gives people opportunity to invest in it and make more money via online, while Cash in the bank account can't yield any profit except when invested.

RiskySanchez

full member

Activity: 588

Merit: 100

because bitcoin is a globally accepted digital currency different from cash only received in its own nation. Moreover bitcoin has been accepted by some in the bank part of europe. I'm pretty sure bitcoin is capable of being one of its one digital currency that will be legalized for the next 5-10 years

miang

member

Activity: 196

Merit: 16

I think that the best comparison is, What is easier to earn? , Bitcoins or cash. Anyone can work at home while earning cash if you are going to work on bounty campaigns while working at the corporate world is harder because you need to travel everyday.

rickyNmorty

member

Activity: 451

Merit: 15

Investor

Bitcoin has a lot of advantages and a lot more nenefits to offer then the conventional cash we use today. For example, the decentralized nature of bitcoin makes it a good global currency since no other factors could affect the value of the coin. Another is it is convenient, reliable, digital, theft-proof. And a lot more striking features that will definitely attract you to invest on this industry. This i my own share of thoughts.

fotosonics

full member

Activity: 280

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Bitcoin is better than cash! I think it is depend because not all people know bitcoin and doesn't even have bitcoin.
It is better to the person who has it but to thus people who doesn't have bitcoin or does not experience technology is cash is much better to bitcoin.

Morticio

full member

Activity: 238

Merit: 100

The physical cash will always be counterfeited by highly organized syndicates like they always do while our bitcoin cannot be counterfeited and every transaction is recorded so they can't really do nothing to manipulate it.

cryp24x

sr. member

Activity: 1190

Merit: 253

Quote from: abstractednerve on September 03, 2017, 07:48:23 PM

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.

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.

I totally agree. I think Bitcoin is better than cash in many ways. Here's some that I have in mind based on my perspective.

1. Convenience - We can have our Bitcoin wallet anywhere we go. We can buy anything online without any hassle of traveling.
2. Security - As long as nobody knows your private keys, we are secured. We are not obliged to travel with our cash. Nothing to worry about losing money.
3. Remittance - We can send money to anyone anytime as long as we have an internet connection. In case of emergency, we can easily help someone in need.
4. Trading and Investment - Bitcoin have a great possibility to grow in value.

Wish 107.5

full member

Activity: 420

Merit: 102

Quote from: ace4549 on April 13, 2018, 02:19:41 PM

For me bitcoin is better to cash because bitcoin cannot be stole easily by the bad people which have an intention to stole your money.
Bitcoin for others is more convenient to use than to our traditional because you don't need to go outside just to send money to your family.

Bitcoin is better than cash because of its value. It's getting high compared to cash; hence, it is such a great for long-term investment. Also, it is really convenient in terms of payment etc.

ace4549

sr. member

Activity: 699

Merit: 438

For me bitcoin is better to cash because bitcoin cannot be stole easily by the bad people which have an intention to stole your money.
Bitcoin for others is more convenient to use than to our traditional because you don't need to go outside just to send money to your family.

bablu10

newbie

Activity: 123

Merit: 0

Present world of digital and science and technology. Bitcoin is better than cash for what reason I am going to tell now. we can use bitcoin in the digital world as payment and also an instrument of investing. we also do many things with bitcoin like we can use it as our capital, we can trade in various cryptocurrency site, we can transfer it easily one to another, on the other hand, we can use it treads in alternative cryptocurrency in the market to bring more profits which I liked. the price of bitcoin although not stable we can see long-term price chat.

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