Why Bitcoin is better than Cash. - page 9.

TIDOVEE

sr. member

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Quote from: conceivedspoon2 on April 03, 2018, 12:01:34 PM

The world is changing. Funds are now stored digitally. Cryptocurrency especially bitcoin is a way of storing funds globally and more importantly accessibility with less charges. Having bitcoin does not mean you cannot have fiat currency, it only means you have your money in your care without obstruction and hassle.

You have made point, but in addition, there is less fear of robbery and theft. As it can be safe in the wallet. Though hackers could be a threat but to unsecured wallet.
Bitcoin can also be transportable without stress within any part of the country.

sunny7408

newbie

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Bitcoin is better than cash because its digital currency....

Pepito Manaloto

full member

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MenaPay - Crypto made easier than cash

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 has a lot of good features which makes it more better than cash in many ways. We all know that bitcoin has a volatile value and its volatility can make your profit increase without doing anything, unlike in cash, your money will stay that way no matter how long you wait. Bitcoin also is an independent currency which makes it appear with less transaction fees compared to cash.

chromosomes

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Activity: 294

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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.

We can all see how the world is changing nowadays. Technologies are being made for everyone's convenience and ease in doing tasks that are part of our lives. I see bitcoin as one of the innovations that can help everyone sooner in the future. As we all can see, transactions in bitcoin are so fast and your investment can grow impossibly big in just a short span of time which is way more better than cash.

conceivedspoon2

member

Activity: 378

Merit: 10

The world is changing. Funds are now stored digitally. Cryptocurrency especially bitcoin is a way of storing funds globally and more importantly accessibility with less charges. Having bitcoin does not mean you cannot have fiat currency, it only means you have your money in your care without obstruction and hassle.

Kingjagat

newbie

Activity: 122

Merit: 0

Quote from: CryptoKarim on December 23, 2017, 03:19:06 PM

You can't have counterfeit bitcoin but you can have counterfeit cash.

I think you need both for a good life Bitcoin to earn income and cash for traveling and shopping.
But Bitcoin has little advantage over cash as if you were storing your Bitcoin, the price kept rising while the cash remained.
Both Bitcoin and cash have their advantages and disadvantages and I think both are good.

tidus_13

full member

Activity: 290

Merit: 100

For investors and ordinary users, this system is a tasty morsel, where transactions are performed much faster and fees are several times lower than on the usual Bitcoin. Therefore, most experts raised concerns about the future of the main bitcoin.

Sayed Rifat

newbie

Activity: 68

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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

In 4 reason bitcoin is better than cash. These are:
1. With Bitcoin people get the liberty to exchange value without intermediaries which translate to greater control of funds and lower fees.

2.Bitcoin can help us do online shopping. It’s like an e-wallet which can be created blockchain technology to store, track and spend digital money.

3.Bitcoin has a global acceptance and is less volatile than cash / local currency.

4.The underlying technology behind bitcoin, which is, blockchain is what makes or breaks it.

So I say that bitcoin is better than cash.

smagnun

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I may summarize with this site https://txhighway.com/

cfmoc

newbie

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Bitcoin is better than Cash because Bitcoin has its own advantages that Cash can not get. Only Bitcoin can guarantee the convenience and anonymity of individual transactions. Due to the cautiousness of some countries such as South Korea, China, and legal difficulties in some other countries, there has been a steep decline in Bitcoin. But I believe in the future, Bitcoin is one of the major payment methods in currency trading in many countries around the world.

Zelezinskyi

member

Activity: 252

Merit: 10

Absolutely right Bitcoin is better than cash. Bitcoin is usefull like cash you can also purchasing something on internet. Easy to get it by mining, trading, or investing. No doubt that the value of Bitcoin is higher than any cash.

main320

newbie

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bitcoin is more secure than money. notwithstanding when put away inside a specific time, the deal estimation of bitcoin may surpass its ostensible esteem when it is put away previously. while ostensible money will remain no expansion in pitching esteem, as opposed to bitcoin.

Marrying_Couch

newbie

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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.

aucoin

sr. member

Activity: 294

Merit: 250

Its not better,cash will always have privilege over bitcoin and any type of cryptocurrencies
but its good to have a fund or invest in Btc, so now you just have more options to pay plus you can be in profit after trading

laravuemaster

full member

Activity: 378

Merit: 100

When Football meets Crypto

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 really good for long term investment and because of that, most of the people tend to choose bitcoins over fiat and banks are negatively affected by this occurence because they need people who will place their money on their company in order for their business to grow.

Davidbee

jr. member

Activity: 98

Merit: 5

Quote from: Laloo1123 on April 01, 2018, 09:34:22 AM

bitcoin is future currency so i think is it batter than cash

Yes, bitcoin has a lot of advantages, but it's still no substitute for cash in a world where few people use it. We can't use bitcoin in some countries that don't accept bitcoin. In some countries where bitcoin is accepted, only a few stores accept bitcoin, and we still can't use bitcoin extensively.

gezhid008

jr. member

Activity: 252

Merit: 1

I don't think bitcoin is better than cash in real life.

In my opinion, bitcoin is not very convenient for daily use. Instead, it is very easy to use cash. Bitcoin is better than cash only in cross-border transfers. I think they all have their own characteristics.

jordan1989

newbie

Activity: 108

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I think for now the payment of cash is better than bitcoin. payments using bitcoins are not as easy as cash payments that everyone can use. they prefer Cash or Credit Cards / ATMs / Banks because for now Cash or Credit Cards / ATM / Banks are easier and commonly used.

Houseman

member

Activity: 156

Merit: 10

I think bitcoin might be better than credit card, cash due to the transparency that blockchain have. The ledger will clearly state each transaction for each person and by the eay is decentralized. Thus i think it might be better than fiat.

hnq123

newbie

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I think it is more appropriate to our times due to its practicality, faster transactions and its origin which is departed from interests of ruling classes.

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