- I Dont have to keep them in my wallet.. I Hate fat wallets.
- I Dont need to visit my bank.. its in my Pocket always.
- Dont need to stand in queue's to deposit/withdraw big amount to across border accounts.
- I hate paying 3%-7% to transfer funds across borders.
- No one in the world can identify me from my wallet.
- No governments No politicians to steal(TAX) my assets.
- I Dont have to fear about devaluations (I don't need to worry about paying for my country's economical mess-ups).
- Bitcoins are limited in supply and with just 0.07% population of world making its value from some cents to almost 5k USD... I can only imagine where the Value is going to reach if users keep on adding.
- I Dont have to worry about demonetisation.
- with every fork attempt I get doubled up.. like getting a 100 1ups in MARIO.
- I can move country to country.. without dealing with assets moving hassles.
Topic: Why Bitcoin is better than Cash. - page 62. (Read 13787 times)
OK ill try to note down as many plus points as I can think of....
how can you payment with btc when take a taix ?
how can you payment a dinner with btc ?
how can you tax when trade payment by btc ?
anyway , everyone can't miss death and tax. when you did't pay tax ,IRS will catch you ~
how can you payment a dinner with btc ?
how can you tax when trade payment by btc ?
anyway , everyone can't miss death and tax. when you did't pay tax ,IRS will catch you ~
For me bitcoin is easy to using in the transaction very nice
In then the currency of is always good.
In then the currency of is always good.
because this currency is very easy in terms of exchange and its value is very high in the currency of any currency. and its value is very fast rises compared to other currencies.
Bitcoin and other crypto currencies give a person more opportunities than ordinary money. Therefore, in this syslog kriptovalyuta better than used paper money. However, in my opinion, the crypto currency can not completely replace the existing traditional money. To replace the usual money it will take a lot of time
Bitcoin is better than cash in several ways .Bitcoin's growth rate is very high as compared to Cash. Bitcoin is deflational i.e. its supply is limited and no one can print more money but cash is inflational. We can keep a check on our Bitcoin and they cant be robbed but cash can be robbed .The only way we lose our Bitcoin is when we lose our private key but in case of cash if our bank goes down we will lose our entire cash. Bitcoin is decentralized and any third party such as government or banks cannot identify or track the transactions made through Bitcoin but the transactions made through cash can be identified.Transactions through Bitcoin are anonymous but transactions through cash are not anonymous.
Bitcoin is better in terms if innovation as well in the the form of functioning effectively compared to the present banking system. Cash is something that's has gained more acceptance worldwide and its physical appearance is the one that makes it easy to use than the innovative technology of bitcoin as well other digital currencies.
Oh, there are too many. Firstly, I like that fact that it is easy to earn, especially for students, and also transactions are fast and easy to do, and also available for 24*7. These help me to transact whenever I need to, no restrictions. Also, I can be as much secure as I want with my money, no need to trust extra third party personnel like banks, as I need to do with fiat. Also, bitcoins don't need any transaction fees as long as it is stagnant in my wallet, but some cards need a monthly/yearly fee, that can amount to a lot.
Also, the decentralized nature, and volatility allows us to get much more money than we would have gained from banks in form of interests.
Also, the decentralized nature, and volatility allows us to get much more money than we would have gained from banks in form of interests.
There are a lot of readon why bitcoin is better than cash. Bitcoin us xan not be counterfeir, also durrabble, can be divided in very specific amount, and the best thing is the amount is limited so it will not be worthless.
with btc you can save your money and earn more(because btc is growing),you can make transfer btc in any time and in any point in the world, and also you can be anonymous
I think cash carry better than bitcoin is easy.bitcoin is flexible than cash, its high exchange rate in any country becomes its own value for the btc virtual currency.
Bitcoin and cash money have advantages and disadvantages of each. Although cash cash value is not higher than bitcoin but cash money is more widely used by all people, from the bottom to upper class. I myself use bitcoin as an investment rather than saving money in a bank, yes bitcoin is better in terms of investment.
Bitcoins is better than cash in many ways,but digital currency is not known to many like people living in the rural countries.Bitcoins is easy to use,it's fully secure unless cash where there is a risk of loosing money.
Then bitcoin is decentralized i.e government has no control over it.Its better to use bitcoins because unlike cash bitcoins value can keep on hiking,it's estimated that the value will increase to $5000 by the end of this year.
Then bitcoin is decentralized i.e government has no control over it.Its better to use bitcoins because unlike cash bitcoins value can keep on hiking,it's estimated that the value will increase to $5000 by the end of this year.
Other than the block size limitation, technically are there any differences between BTC and BCH? The level of adoption by the major players may be different, but since BCH is a relatively new currency, it is having plenty of time to catch up with Bitcoin. And we need to acknowledge the fact that despite being just 2 months old, BCH is the no.3 crypto-currency right now.
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.
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.
already explained by your excess using bitcoin, I think everyone will also agree if you already know bitcoin and study it. but it would be better if we multiply the transaction both, cash and bitcoin because both have some similiar function
Here are my reasons why I would also prefer the use of cash
Palpability and support of money.
Legality.
Technological independence.
Essential to make smaller and instant exchanges.
Acceptance everywhere.
Palpability and support of money.
Legality.
Technological independence.
Essential to make smaller and instant exchanges.
Acceptance everywhere.
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.
In my opinion, Bitcoin is better than fiat or regular currencies, in some aspects such as being decentralized and more. Bitcoin is decentralized which allows its users to use Bitcoin as they like. Also, it has a faster transactions with less charges. And ny just holding it, its value increases more than and faster than the interests in 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.
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.
because bitcoin have good method to payment bitcoin os fast, secure, less fees and anonymous. this is why bitcoin better than cash. but everything have advantage and disadvantage 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.
Cash is probably still the most convenient method of payment up to this age and human being generally hate change and to adapt so that's how cash is still largely everyone choice.
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.
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.
Remember this line?
Reiterating my belief about $BTC. It's the ultimate insurance policy against autocracy, currency curbs and other forms of value destruction.
by Chamath Palihapitiya
and this ?
“genie is out of the bottle”, and that “now the real question is how can we productively use it to solve some of society’s issues around the financial services infrastructure.”
by Chamath Palihapitiya
Plain and simple. The technology is there and some are just afraid of accepting it because they might lose all their wealth or it might rewrite all the previous system. No one is stopping it because we cant deny the facr that it is the best form of medium of transaction that is existing and it might take a hundred of years before it can be replaced again. This is not a question of why bitcoin is better than cash. Sometimes this is about why are we still using cash if we have the crypto?
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