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Topic: Why Bitcoin is better than Cash. - page 8. (Read 13786 times)

newbie
Activity: 139
Merit: 0
April 05, 2018, 02:46:13 PM
I think the benefits of bitcoin from cash one of them is bitcoin is more flexible and portable, not eating many places and very easy to use. But the lack of bitcoin from cash is bitcoin must use internet, and internet require data packet, if in urgent situation we hard to convert into cash.
Nice elaboration about the benefits of bitcoin as compare to the cash, bitcoin is much easier to use than the fiat cash, because it has increasing power but the money of the cash will remain as it is for long time, it will not give you any extra income until you invest your money, but bitcoin is good and profit making currency even if you once buy it and hold, holding bitcoin is the extra and best feature of bitcoin which makes the future of the user more brighter than selling, we can get to buy everything using bitcoin more easily than we by with cash.
newbie
Activity: 78
Merit: 0
April 05, 2018, 02:45:38 PM
Well, as it is a decentralised currency implies no body has a control over it hence work the same in every country. If your bank goes down - you’re screwed. With Bitcoin nothing can go wrong except that you can loose the key.
member
Activity: 378
Merit: 10
April 05, 2018, 02:34:01 PM
Well, all you have said about bitcoin are true. From there, we can see a lot of reason why bitcoin is better than cash. Bitcoin is good for investment and earning money for a long run. But as of today, we are still using our real money to buy our daily needs and use as payment in many transaction that we do, It is better bitcoin than cash because bitcoin its have a chance to increase the value of bitcoin while the cash its very hard to keep because people need to buy her important her life so that easy to purchase anything you want but the bitcoin you have a chance to become a bellioner because if you keep that you have a chance to  increase your  bitcoin value. Grin
newbie
Activity: 12
Merit: 0
April 05, 2018, 02:28:23 PM
Digital money always has more potential than cash or paper money. It is used all over the world.


Not definitely, there are countries who doesn't have access with internet. Even if they do, there are sites that were being banned, others have restrictions. Large nations such as China were keen to banned cryrptocurrencies, Bitcoin in general. And with China's population that is over a billion, that's 1/4 of the world market cryptos were losing. As long the awareness of general public increasea, there are institutions, financial and governments that will take such actions for Bitcoin to not take fully over with fiat money. Yes, the potential with cryptocurrencies is given, but as long there are people who don't have any interest with everything going digital, cash or physical money will still be better than Bitcoin.

For some developed countries physical money is not too popular, because city residents prefer to bring virtual money in comparison with physical money that is not too simple, but different things with people who are in the country who do not understand about virtual money they prefer to carry physical money, so for now the virtual money or bitcoin is more popular in comparison to the physical money because the developed countries have a lot
newbie
Activity: 98
Merit: 0
April 05, 2018, 02:24:28 PM
because , bitcoin is the fastest digital currency for online transactions. Better than money, we can send money and make money around the world. Bitcoin can take the place of the paper currency.
newbie
Activity: 14
Merit: 0
April 05, 2018, 02:09:32 PM
I never think that bitcoin is better than cash. I know bitcoin is great as virtual or digital money but it not reference to make it better than cash.
member
Activity: 107
Merit: 10
April 05, 2018, 02:09:15 PM
Bitcoin is better than cash because keep bitcoin is very safe, hard to hack, its value always increases and of course global transactions easier, and I hope that many countries immediately legalize bitcoin.

Yes, you are right, but also the digital currency is the future because people invest a huge amount of money here and develop their technologies
newbie
Activity: 148
Merit: 0
April 05, 2018, 02:07:37 PM
Bitcoin is the digital currency, and it is an increasing value day by day. Can be used anytime and anywhere. Bitcoin is always better than cash. And for bitcoin earnings, we are not responsible to the government and we do not need to pay tax unless it is legalized in certain countries. With bitcoin, we can easily send large amounts of money at very low cost. You must keep your Personal Key safe, No need to carry other items similar to the money in our hands. Bitcoin provides easy access even when we travel anywhere in the world.
newbie
Activity: 164
Merit: 0
April 05, 2018, 01:59:18 PM
Bitcoin may be better but it isn't implemented as widely as it can be yet - that will definitely improve with time. Exciting times! Love finding new places to buy using bitcoin!
sr. member
Activity: 574
Merit: 251
April 05, 2018, 01:18:17 PM
Bitcoin is better than cash because keep bitcoin is very safe, hard to hack, its value always increases and of course global transactions easier, and I hope that many countries immediately legalize bitcoin.
sr. member
Activity: 756
Merit: 257
Freshdice.com
April 05, 2018, 01:13:58 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.


There is some difference between the bitcoin and cash in many ways.  There is something also can have some similarities in both variables. In bitcoin,  you can keep in with your technology and gadgets while cash you can keep it with your wallet.  Also there is a virtual wallet for bitcoin. The same things that they have is it can use it for many purposes and priorities of the people.
jr. member
Activity: 182
Merit: 1
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
April 05, 2018, 01:01:16 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.



You are totally correct and to add to it helps to reduce spending unnecessarily or one being robbed physically or forcefully collecting pin and withdrawing from atm. It totally safe.
newbie
Activity: 210
Merit: 0
April 05, 2018, 12:02:23 PM
Because of its universal usage, it is free from bank and state rules. Bitcoin offers the convenience of transactions for its users, bitcoin is one of the digital currencies (cryptocurrencies) that anyone can use without needing to reveal anonymous identity and without the need for control of the authority of some sort of central bank. This is the reason why I prefer bitcoin instead of cash.
newbie
Activity: 182
Merit: 0
April 05, 2018, 12:01:42 PM
It is certainly true that bitcoin is better than cash. But if you're living in a third world country,  most of them don't accept this currency and it will be a hassle to you.
full member
Activity: 612
Merit: 102
April 05, 2018, 11:50:39 AM
some bitcoin bashers says its not tangible and price is so volatile that makes it so risky.
But our money doesn't really exist either. Not really. It's all monopoly money.
The minute your money gets direct deposited into your bank account it's loaned out to someone so the bank can make more money.
The world is becoming more digital, makes sense money would too.
But crypto is on its early stage i guess it still has a long way to go before then.
hero member
Activity: 625
Merit: 501
April 05, 2018, 11:35:52 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 cash. Because it is a future currency. On the other hand, Bitcoin help us to online shoping. In every country's have own money. If you buy from other country you must pay their own money. But if you pay in bitcoin it is safe and helpful for you.
What is the difference? I am really do not understand what do mean. You still can use FIAT or some virtual currency to pay those deals, as Paypal, Perfect Money, WebMoney, etc. PayPal supported on many sites for payment. While Bitcoin can not use on pornhub to get access, example Tongue
full member
Activity: 434
Merit: 100
April 04, 2018, 11:39:11 AM
Bitcoin is better than cash because it provides a instant income which the cash cannot provide. The bitcoin provides a instant investment to their investors and they can used the coin as a money in commercial transactions.
newbie
Activity: 91
Merit: 0
April 03, 2018, 12:54:04 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 it is a future currency. On the other hand, Bitcoin help us to online shoping. In every country's have own money. If you buy from other country you must pay their own money. But if you pay in bitcoin it is safe and helpful for you.
full member
Activity: 168
Merit: 100
April 03, 2018, 12:41:06 PM
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. Wink
full member
Activity: 350
Merit: 100
April 03, 2018, 12:39:39 PM
Bitcoin currency were designed to eliminate the cash problems in the e business like in the past people were using the debit cards and credit cards and the hackers were hack the passwords of that so now the bitcoin is resolving all the problems and obstacles in the world and it is ready for all kind of online transactions while it has open a door for investors as well and the traders are also happy in this way and it is better than cash due to some usage for buying and selling over the internet while for offline cash is good and normally cash is dealing all the offline transactions in the world.
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