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Topic: Why Bitcoin is better than Cash. - page 51. (Read 13787 times)

jr. member
Activity: 56
Merit: 10
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.
newbie
Activity: 44
Merit: 0
October 25, 2017, 03:05:32 PM

all in fact understand that there is a certain limited number of bitcoins that will be released. For example, the US dollar (and this would also apply to any state currency) is a "dummy", which the authorities can print in any quantity to suit their political interests. With bitcoin, it does not work out that way. He is on his own, and therefore his policy is certainly more honest. Smiley
legendary
Activity: 1204
Merit: 1028
October 21, 2017, 01:41:31 AM
Bitcoin is also better than cash because it is ACCESSIBLE for people in areas where the government acts in a domineering way, or oppresses its citizens financially.  Venezuela for example.  

Yes. This is one of the primary advantages of Bitcoin. It is extremely difficult for the government authorities to confiscate the coins. I will not say that it is impossible, as we have seen the FBI seizing coins from Silk Road, Silk Road 2.0 and the online exchange BTC-e. But it takes a lot of effort to confiscate these coins and if you are having only a couple of coins in your wallet, then no one is going to bother.
Even bitcoin is hard or easy to confiscate, it is still impossible for me to happen because there is no such a valid reason for the authorities like the police or fbi to confiscate bitcoin and other cryptocurrency because they are working good and there is no harmful activities including them because almost all the people are just using bitcoin and other cryptocurrency for profit or money.
It is a good reason that bitcoin cannot be confiscate by any other department or government nationally and internationally because bitcoin is a decentralized out of control cryptocurrency and if you have a private key of your wallet so your bitcoin is so much safe while cash me be stolen by thieves as well as a department or government can confiscate if there they need or want.

A chance exist here for bitcoin holders to earn from bitcoin because the price of bitcoin is much fluctuated within minutes of time while cash remains the same value for a long time until your government doesn’t take an action in favour of currency.
hero member
Activity: 2968
Merit: 687
October 20, 2017, 02:57:27 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.

We can really able to say such thing because bitcoin does really give the opportunity for us to earn money since its price is volatile which earning money would really be possible and comparing it to our traditional local fiat system would really be different but on those words you said was true and had some points but remember that Cash would really be stable and still stronger when it comes to support since its being backed by government.We cant actually able to collide a centralized and a decentralized stuff.
member
Activity: 154
Merit: 12
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.
full member
Activity: 448
Merit: 100
October 20, 2017, 02:35:34 PM
There is no country in which there are no hijackers, robbers, terrorists, extortion etc.Without a virtual currency, I think there is no better way to solve this problem.Apart from that, Bitcoin is now the world's leading virtual currency.Those people use virtual currency Bitcoin without taking the bag money.
hero member
Activity: 812
Merit: 500
October 20, 2017, 01:56:36 PM
There's one thing about bitcoin being the advantage of bitcoin rather than cash that can never be countered, that bitcoin can not be faked, so every transaction we do with bitcoin, bitcoin will always be original. Unlike Cash, banknotes which could be faked and had a lot of counterfeit money in circulation.
Bitcoin can be faked. There's a lot of disadvantages by using Bitcoin compared to regular cash, one of the disadvantages for using Bitcoin is the speed of the payment.
full member
Activity: 238
Merit: 100
October 20, 2017, 01:47:41 PM
Bitcoin is better than cash in various ways .It provides us an opportunity to earn some money.it provide us with highly profitable investments.It is decentralized in nature which means that government has no involvement in it so transactions made through Bitcoin are tax free.It is easily accessible.These are some reasons due to which Bitcoin is better than cash.
sr. member
Activity: 348
Merit: 250
October 20, 2017, 01:30:07 PM
In addition, you can earn very well in bitcoin. And there are several options for how to do it. That's why bitcoin is so popular in the world, and it spreads more and more. It is necessary that as many people as possible know this information about the advantages of bitcoin, then its strengthening in the world economy will happen even faster than planned.
Really? Bitcoin has many function and one of functions make Bitcoin become a bad currency in the eye of the government is decentralization. How to grow the world's economy and finance when the government can not tax Bitcoin user? You must to know no one can controls Bitcoin wtih this function.
member
Activity: 60
Merit: 10
October 20, 2017, 01:04:06 PM
In addition, you can earn very well in bitcoin. And there are several options for how to do it. That's why bitcoin is so popular in the world, and it spreads more and more. It is necessary that as many people as possible know this information about the advantages of bitcoin, then its strengthening in the world economy will happen even faster than planned.
sr. member
Activity: 1694
Merit: 268
Binance #SWGT dan CERTIK Audited
October 20, 2017, 12:06:04 PM
I think there is several reasons of why bitcoin better than cash.Firstly,your money can be stolen anytime from anywhere but bitcoin won't be stolen if you keep it on hardware wallet.Secondly,you must give tax to government according to your balance but bitcoin will save your tax fees.If you hold bitcoin you can double your money in short time.Lastly,you can transfer bitcoin anywhere in the world with low fees in a second,you don't need to go bank or anywhere.
legendary
Activity: 1008
Merit: 1000
October 20, 2017, 11:29:07 AM
I think Bitcoin has some special features that identify Bitcoin as a better than Cash, in our community cash is only using for the daily purpose but Bitcoin has some extra features whose are really exciting for many of us.
First of all, Bitcoin is out of control of any government intervention, Government can't regulate anything regarding this issue, that is very comfortable for Bitcoin holders, Secondly, Bitcoin is very secure and safe system that can't be steal or hacked and finally, Bitcoin is free from any third party transaction. so it is better than cash in these aspects.

In the Bitcoin system, it does not use any third service to help us avoid scammer, all user of Bitcoin are the part of this system and help Bitcoin can not hacked by anyone or someone want to scam us after transfered Bitcoin. Of course, transactions of Bitcoin still need to have confirm if do not want someone use double spending.
hero member
Activity: 826
Merit: 529
October 20, 2017, 10:15:21 AM
I think Bitcoin has some special features that identify Bitcoin as a better than Cash, in our community cash is only using for the daily purpose but Bitcoin has some extra features whose are really exciting for many of us.
First of all, Bitcoin is out of control of any government intervention, Government can't regulate anything regarding this issue, that is very comfortable for Bitcoin holders, Secondly, Bitcoin is very secure and safe system that can't be steal or hacked and finally, Bitcoin is free from any third party transaction. so it is better than cash in these aspects.



hero member
Activity: 672
Merit: 500
October 20, 2017, 09:19:21 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.
full member
Activity: 336
Merit: 100
October 19, 2017, 01:07:29 PM
I agree with you.It is very easy to deal with. Most of the benefits are not tax to the government. If you keep the money, the money will not increase, but if you keep Bitcoin, it will increase day by day. So, then Bitcoin is better than money.
full member
Activity: 490
Merit: 100
October 19, 2017, 11:42:36 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.


Bitcoin is better than the cash in the many way. In the bitcoin its no interest and taxes collects. And it has a faster transaction too in the negotiation unlike the cash its quite slow. Amd the bitcoin has a expensive value that the money is no match for him.this is my reason why the bitcoin is better than the cash
yes its true bitcoin is much more batter than any other currency bitcoin is easy to carry there is no chance of robbery or steeling bitcoin have also a high price than any other currency bitcoin is a digital currency and it work same like other currencies you can pay bills, buying things also you can use it for on line shopping and you can also do daily trade in bitcoin.
hero member
Activity: 2282
Merit: 589
October 19, 2017, 11:41:57 AM
It doesnt matter where you are and where the receiver is, you can send and receive bitcoins. With cash, you always need to have a middleman or some agent. Bitcoin is better than cash in many ways.
legendary
Activity: 3766
Merit: 1217
October 19, 2017, 10:59:22 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.

The second and third points are very important. But you need to remember that although Bitcoin can't be counterfeited, it can be cloned. The examples are the recently listed Bitcoin Cash and soon-to-be-listed Bitcoin Gold. In the next 2-3 years, we can expect dozens of such Bitcoin clones. And I am not sure about the third point. A hard fork can modify the 21 million limit, right?
full member
Activity: 407
Merit: 100
DIA | Data infrastructure for DeFi
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.
sr. member
Activity: 423
Merit: 250
October 19, 2017, 05:12:27 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 cash is betyer than bitcoin becuase if you have a cash you can use it anywhere to buy anything you want idont know if bitcoin accepted on store in my country but if you have a bitcoin you can covert it into your local money so thats why its good to have bitcoin becuase you can earn a lot of money or cash by using this bitcoin or become rich like others.
I think it depends upon the purpose basically. If someone wants to make a large transaction in minutes at cheap rates then bitcoin is better. Also, if he is need of a lot of money and wants to earn huge profits, this can be only done by digital gold.

However, we cannot use bitcoins in all purchases as it is currently not accepted everywhere. So fiat has its uses also.
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