Why Bitcoin is better than Cash. - page 50.

Jendral Istimewa

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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.

yes you are right many benefits from bitcoin. so many people are attracted to bitcoin
bitcoin can make a person rich

hyunee

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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.

With this lots of newbies will know the advantages of bitcoin. Thank you for summarizing it and made it simple for the newbies. This thread is so informative. This can really help a lot.

jer

jr. member

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You once again convinced me that I was doing everything right, investing in bitcoin, I really consider it more promising than paper money. And this information would be very useful for people who do not know about bitcoin or are just going to vklydyvat in it, but doubt.

ShineftChaos

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I LOVE ADABS

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 in some aspects like it changes its value every minute its either up or down. You can used it whenever and wherever as long as you have an internet connection. And one more thing it makes your life more easier, you can send bitcoin in just a few clicks.

Noilee

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Bitcoin is better than cash, because you can use it anywhere and wherever you go. Because bitcoin we have a chance to invest and earn easy money. Bitcoin has a good value and gives good profit. You can trade also in bitcoin, and use as payments online transactions. Its a global acceptance and no banks, and bitcoin is more secure than cash. Bitcoin has a great value and there are many benefits that we get from bitcoin.

Nelson2

newbie

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Because bitcoin has faster transactions. I really do like the way bitcoin is used, although the transaction fees now are getting bigger, next time I'm going to withdraw, might as well get larger amounts for safer fees.

Cindy1983

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In my opinion Bitcoin is better than cash in few sides but overall cash still better than Bitcoin cause cash can be used in everywhere but Bitcoin can't cause it's not legalized worldwide beside it's banned in some countries so if anyone try to use Bitcoin in these countries will have to go to jail. Moreover, when there are no internet everyone is still able to use cash but with Bitcoin nobody can use it without internet.

DAVETUN

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Bitcoin is the currency of this age

Bitcoin is in a world of his own,it is the global cash for the world,government and political influence has little or no effect at all depending on the country of residence.Bitcoin has raise lots of millonaires,in few years of existence.

Kolokoy

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OMNI TOKEN PLATFORM FOR PAYMENTS

Indeed Bitcoin is way better than the monetary that is currently using today because it gives us a lot of ways and options to buy, remittances or transfer in local or international.

JOSE2014

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Quote from: Vitaliy.St on October 27, 2017, 02:06:18 PM

Bitcoin does not have a regulator that can, if desired, release the required amount of currency to the market, or vice versa - withdraw it from circulation. Bitcoin exists by itself and does not subordinate to any institution of power. If desired, owners of bitcoin-purses can make transfers to other users absolutely without the participation of outside parties, for example, payment systems, banks or states.

Bitcoin is digital currency. Bitcoin prices increases day by day. But cash not increases. money is differ witch other country. Bitcoin is change the every day and it will use all country and any where transverse the bitcoin. You will no money bitcoin is help to you. Bitcoin is give to more information for the future investment and improve you life.

Vitaliy.St

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Bitcoin does not have a regulator that can, if desired, release the required amount of currency to the market, or vice versa - withdraw it from circulation. Bitcoin exists by itself and does not subordinate to any institution of power. If desired, owners of bitcoin-purses can make transfers to other users absolutely without the participation of outside parties, for example, payment systems, banks or states.

Emitdama

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Quote from: naitik01 on October 26, 2017, 11:29:16 AM

The cache is very good with bitcon. can you buy anything from the market or make any kind of shopping and you can make payments with your debit card/ cardit card/ shopping card, you do not have to pay any extra fees and no charge.

I think that bitcoin is far better than cash because I cannot use my local currency all over the world. if I want to buy something in other country I will have to convert my local currency into the required one, but in bitcoin there is no such needs of converting currency to use in different countries. And the other benefit is that the investment in bitcoin is increasing day by day as the price go up.

gondar1

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For starters, bitcoin can be used using the internet. So, any transactions made like buying online, sending money to someone, etc. are very convenient because there is bitcoin. Even on gambling, everything is simple because of bitcoin.

Michaelinejhian#09

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Yes bitcoin os better than cash. It is a virtual currency that you can use buying stuff in online and can be use for investment purpose too. Aside from that, Bitcoins value is way higher to compare to the real currency. Fluctuations in eal currency highly affects the economical status and cost of living. While fluctuation in bitcoins is way different from the real currency as it is seems that its not fluctuating.

Karimeen

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Bitcoin is a virtual currency or a medium of conducting digital transactions. Bitcoin are based on cryptographic algorithms which are encrypted. This currency is decentralized giving ownership to the user. Bitcoin is purchased through an online exchange.Bitcoin allows to buy goods and services online as well as transferring money.With bitcoin we can exchange value without intermediaries. It is faster,cheaper and more secure, it is like an e-wallet which can be created blockchain technology to store and spend digital money and is less volatile than cash.

Trela

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The Decentralized TCP/IP Internet Protocol

Quote from: affandi on October 26, 2017, 11:50:17 AM

for countries that have legalized bitcoin will certainly consider bitcoin better than cash, but what about countries that still reject the existence of bitcoin? of course they still use cash as the main payment tool. bitcoin is today's technology and may be for the future. bitcoin works for online transactions, and cash works for offline transactions. this looks more fair

But in someday, if the Bitcoin value increases to a value no one expected, do you think the government will use Bitcoin? It will create a panic time, many people will need to using Bitcoin instead of FIAT, they do not want to hold FIAT because the government can know their total money and controll value of FIAT. This is only my imagination for someday Grin

.

jagdeepjd

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Cash is great. When we are right in front of the person we are dealing with. But we are living in the internet era now , which means many many transactions does happen in that way via bitcoin and more to be coming soon by the altcoins.

Also in many countries around the world cash is being abolished right now by the powers that be and the rest will follow too i think.

affandi

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for countries that have legalized bitcoin will certainly consider bitcoin better than cash, but what about countries that still reject the existence of bitcoin? of course they still use cash as the main payment tool. bitcoin is today's technology and may be for the future. bitcoin works for online transactions, and cash works for offline transactions. this looks more fair

cryptocoinmystic

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Quote from: hxk451 on October 20, 2017, 02:47:04 PM

Bitcoin is constantly superior to money. To our bitcoin earnings,we are not responsible on administration and we compelling reason not must pay expenses unless it will be legalized in the specific nation. For bitcoin,we Might undoubtedly send colossal sums for cash for altogether low expense In secondary velocity. With bitcoin,our cash esteem increases,but with cash,our cash Exactly stays unmoving pulley.

Bitcoins has both pros and cons.

Pros:
Deflationary curremcy
Decentralized
Not controlled by banks
Minable
Ability to buy "stuff" with btcoin
Even appreciating in value
Tradable and transferrable across the world without fees

Cons:
Only vitual: You lose bitcoin if you lose password/private key
Suscetible to forks
Highly volatile
Need to be tech savvy and keep regularly updated about whats happening
some aspects can be too complicated - paper wallet, cold storage etc

probittrader

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Quote from: Superzpay on October 20, 2017, 09:19:21 AM

Quote from: elewton on October 19, 2017, 10:29:13 AM

I think there are many reasons that explain why bitcoin is better than cash:
+ At first, We don't have to waste paper to print cash.
+ Second, Cash could be faked, Bitcoin is not.
+ The last, Governments can print cash if they want, they couldn't do with Bitcoin.

There are so many reasons why bitcoin is better than cash. Some are discussed below: -
i.   Bitcoin is secure and decentralized.
ii.   There are no third party included in it.
iii.   No fear of theft and faked.
iv.   There is no intervention of Government.

Wait what no fear of theft and faked...:O
Hacked computer how is that?
Bitcoin is all in internet and if you are not that technical you can loose you bitcoin 100 out of 100 time.
All other points i do agree but still bitcoin is only safe for tech savvy people.
On the other hand for uneducated people cash is still the best option.
And you cannot educate the world education is not free.

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