Topic: Why have Bitcoin instead of cash? - page 11. (Read 246169 times)
Bitcoin is a digital currency that tends to increase in value and price over a period of time compared to cash that does not increase in price. Bitcoin is accepted by many countries and organisations , this help in online transactions which cash cannot be used for it.Bitcoin can also be use for trading and others which can cannot be used, and that is why I prefer Bitcoin to Cash.
Besides, Bitcoin is an invisible gold and do not be restricted by the customs.
Very good point! This basically allows you to bring more than 10k in "cash" around the glob in your pocket without customs having a chance to find out.. Can potentially be problematic though, helping illegal transactions.
I recently paid for some local tacos using Bitcoin. My friend who was unfamilar with Bitcoin thought it was strange, like I technically didn't pay for them or something. We got into discussing Bitcoin and one of the questions he asked me was:
"Why would you want Bitcoins instead of cash?". For a second I didn't know what to say; then I thought about it and here is what I came up with. Feel free to contribute to this.
1) More security (especially if you are careful).
2) Bitcoins are a potential investment, cash is not. Paper currency only really goes down in value, Bitcoins have a lot of potential to be worth more as time goes on.
3) Fast, worldwide transactions at your fingertips.
4) Similar to #3, but it's a universal currency. It's legal in most countries of the world and you don't need any kind of currency conversion to send money to people in a different country than your own.
so true. bitcoin can also be called digital currency that is universal. so we can do a variety of transactions using bitcoin easily around the world, and even then if the place received bitcoin as a legal means of payment "Why would you want Bitcoins instead of cash?". For a second I didn't know what to say; then I thought about it and here is what I came up with. Feel free to contribute to this.
1) More security (especially if you are careful).
2) Bitcoins are a potential investment, cash is not. Paper currency only really goes down in value, Bitcoins have a lot of potential to be worth more as time goes on.
3) Fast, worldwide transactions at your fingertips.
4) Similar to #3, but it's a universal currency. It's legal in most countries of the world and you don't need any kind of currency conversion to send money to people in a different country than your own.
As all we know, seems to act like a gold for just one cost a lot when it will be converted into peso. That's is why most who knew this industry would prefer than in cash. With that, they to take more seriously since it's more easier for them to work on with it than doing manual work in the office.
Because We can transfer to anywhere in the world very easily and very fast than other transaction medium. adaption is ongoing I guess mostly with in a year most of online shopping site will accept s. one of the major function of it is that it is increasing day by day which is also really helpful. If that happens It big change in revolution. 
Having bitcoin is like owning a property, because when you hold it for long term, it will surely increase its value into twice or trice, depends based on its demand, its unpredictable, 
Well to make it short, it is an asset, something you hold on that will give you good profit in the near future. Cash is a stable currency and that is not changing that quick every single minute unlike digital currency. Though these digital currencies hold great risks that can give you big losses in the future, but I think even before you get in in this, you know the big risks you will be facing.
Having bitcoin is like owning a property, because when you hold it for long term, it will surely increase its value into twice or trice, depends based on its demand, its unpredictable,
Well to make it short, it is an asset, something you hold on that will give you good profit in the near future. Cash is a stable currency and that is not changing that quick every single minute unlike digital currency. Though these digital currencies hold great risks that can give you big losses in the future, but I think even before you get in in this, you know the big risks you will be facing.
unfortunately this is not real yet, bitcoin is not adapted to be used in everyday life
That was really a nice question and my answer for that is we should have bitcoin instead of cash because the value or the price of bitcoin is we will rise or we will pump very high in this year 2018 and that is the advantage of choosing over cash, the cash value is we will not pump unlike on bitcoins value. I recently paid for some local tacos using Bitcoin. My friend who was unfamilar with Bitcoin thought it was strange, like I technically didn't pay for them or something. We got into discussing Bitcoin and one of the questions he asked me was:
"Why would you want Bitcoins instead of cash?". For a second I didn't know what to say; then I thought about it and here is what I came up with. Feel free to contribute to this.
1) More security (especially if you are careful).
No. I think it has less security than money. When its gone it is completely gone. Since no one holds it and you can't have it physically so, you can't save it once its gone. Or you have sent it to a different address."Why would you want Bitcoins instead of cash?". For a second I didn't know what to say; then I thought about it and here is what I came up with. Feel free to contribute to this.
1) More security (especially if you are careful).
Quote
2) Bitcoins are a potential investment, cash is not. Paper currency only really goes down in value, Bitcoins have a lot of potential to be worth more as time goes on.
I agree with this. Bitcoin is a potential investment as much as cash would. But not necessarily that the cash value is declining. It does not, in fact it is increasing but slower than bitcoin does.Quote
3) Fast, worldwide transactions at your fingertips.
Yes but not all the shops accept it so, it sometimes feel more like a hassle. Though I like the fast transaction in a fingertip.I like it more than cash because it is more convenient and it will be more of use if only there will be a lot of shops that will accept soon.
As all we know, bitcoin seems to act like a gold for just one bitcoin cost a lot when it will be converted into peso. That's is why most who knew this industry would prefer bitcoin than in cash. With that, they to take bitcoin more seriously since it's more easier for them to work on with it than doing manual work in the office.
Due to the increasing demand of bitcoin, most people will already be using it instead of cash in some transactions. One reason is because it is easier and cheaper to use. Also, it is safer because it is a peer-to-peer transaction.
I recently paid for some local tacos using Bitcoin. My friend who was unfamilar with Bitcoin thought it was strange, like I technically didn't pay for them or something. We got into discussing Bitcoin and one of the questions he asked me was:
"Why would you want Bitcoins instead of cash?". For a second I didn't know what to say; then I thought about it and here is what I came up with. Feel free to contribute to this.
1) More security (especially if you are careful).
2) Bitcoins are a potential investment, cash is not. Paper currency only really goes down in value, Bitcoins have a lot of potential to be worth more as time goes on.
3) Fast, worldwide transactions at your fingertips.
4) Similar to #3, but it's a universal currency. It's legal in most countries of the world and you don't need any kind of currency conversion to send money to people in a different country than your own.
I want and i choose bitcoin since bitcoin can do anything and it has the potencial to make anything possibly to done. Thats what also done in cash.but bitcoinnis better than cash so because you can do anything without limmitation and you can used bitcoin in any where else in the world than cash because it is only just for one country. When in terms of investing bitcoin is also the most good thing to invest. "Why would you want Bitcoins instead of cash?". For a second I didn't know what to say; then I thought about it and here is what I came up with. Feel free to contribute to this.
1) More security (especially if you are careful).
2) Bitcoins are a potential investment, cash is not. Paper currency only really goes down in value, Bitcoins have a lot of potential to be worth more as time goes on.
3) Fast, worldwide transactions at your fingertips.
4) Similar to #3, but it's a universal currency. It's legal in most countries of the world and you don't need any kind of currency conversion to send money to people in a different country than your own.
Having bitcoin is like owning a property, because when you hold it for long term, it will surely increase its value into twice or trice, depends based on its demand, its unpredictable,
I think bitcoin is more secure and convenient than cash, but people must have the basics of computers, the Internet, viruses, Trojan horses and malware. If someone trained on the security of bitcoin wallets, stealing their COINS would become more difficult... Bitcoin will be very safe!
I have bitcoin because it is more practical than cash, many things that I feel the benefits of bitcoin and the most important thing is money can increase faster while the cash value is not changed.
The are so many reasons why choose bitcoin instead of cash and I will highlight some of them below.
1 bitcoin is a potential investment in the sense that when you leave your bitcoin for a long period of time it tend to increase in interest and make profit on you initial capital.
2: and secondly bitcoin has high security most especially when you are careful but cash can be stolen in so many ways either by scam or robbery.
3: bitcoin can be use to carry out transactions all over the world but cash is limited to only it country of origin.
So bitcoin has so many features that cash don't have.
1 bitcoin is a potential investment in the sense that when you leave your bitcoin for a long period of time it tend to increase in interest and make profit on you initial capital.
2: and secondly bitcoin has high security most especially when you are careful but cash can be stolen in so many ways either by scam or robbery.
3: bitcoin can be use to carry out transactions all over the world but cash is limited to only it country of origin.
So bitcoin has so many features that cash don't have.
unfortunately this is not real yet, bitcoin is not adapted to be used in everyday life
We should have bitcoin instead of cash because bitcoin can help us to have many cash or money in the future why? Because bitcoins value or price is we will get to rise or to pump more in this yeat 2018 and holdng many bitcoin instead of cash can help a particular person to have a lot of money.
As for now, I cannot compare them because cash and bitcoin is very different. Of course, all of us needs cash because it is world widely use and accepted by most. Bitcoin for me is just a store of value. I buy Bitcoin instead of letting it in bank. In that way my money's worth is not depreciating.
Banks are only good if you are saving money but when you are investing you need to choose bitcoin. People are getting used to a traditional way of investing but bitcoin is quite different that is why since it's new and revolutionary it has great potential in the future.
I recently paid for some local tacos using Bitcoin. My friend who was unfamilar with Bitcoin thought it was strange, like I technically didn't pay for them or something. We got into discussing Bitcoin and one of the questions he asked me was:
"Why would you want Bitcoins instead of cash?". For a second I didn't know what to say; then I thought about it and here is what I came up with. Feel free to contribute to this.
1) More security (especially if you are careful).
2) Bitcoins are a potential investment, cash is not. Paper currency only really goes down in value, Bitcoins have a lot of potential to be worth more as time goes on.
3) Fast, worldwide transactions at your fingertips.
4) Similar to #3, but it's a universal currency. It's legal in most countries of the world and you don't need any kind of currency conversion to send money to people in a different country than your own.
Bitcoin compared to bitcoin is way more better and we can all see it just by looking at the features that bicoin has. Bitcoin has a value that is volatile and if you are going to store it, you will have chances that it will grow higher. The transactions here are way more faster compared to real money and the transactions can even be made anywhere in the world regardless of what country you belong. "Why would you want Bitcoins instead of cash?". For a second I didn't know what to say; then I thought about it and here is what I came up with. Feel free to contribute to this.
1) More security (especially if you are careful).
2) Bitcoins are a potential investment, cash is not. Paper currency only really goes down in value, Bitcoins have a lot of potential to be worth more as time goes on.
3) Fast, worldwide transactions at your fingertips.
4) Similar to #3, but it's a universal currency. It's legal in most countries of the world and you don't need any kind of currency conversion to send money to people in a different country than your own.
As for now, I cannot compare them because cash and bitcoin is very different. Of course, all of us needs cash because it is world widely use and accepted by most. Bitcoin for me is just a store of value. I buy Bitcoin instead of letting it in bank. In that way my money's worth is not depreciating.
I recently paid for some local tacos using Bitcoin. My friend who was unfamilar with Bitcoin thought it was strange, like I technically didn't pay for them or something. We got into discussing Bitcoin and one of the questions he asked me was:
"Why would you want Bitcoins instead of cash?". For a second I didn't know what to say; then I thought about it and here is what I came up with. Feel free to contribute to this.
1) More security (especially if you are careful).
2) Bitcoins are a potential investment, cash is not. Paper currency only really goes down in value, Bitcoins have a lot of potential to be worth more as time goes on.
3) Fast, worldwide transactions at your fingertips.
4) Similar to #3, but it's a universal currency. It's legal in most countries of the world and you don't need any kind of currency conversion to send money to people in a different country than your own.
I agree with the mentioned reasons. But it is basically, Bitcoin has more advantages especially being profitable. Having Bitcoin instead of cash will make a user also an investor. Bitcoin is profitable as an investment due to the continuous increase on its market value. So with only that, it is clearly better than having cash. But at this moment, it is not yet legal in most of the countries which is its downside. "Why would you want Bitcoins instead of cash?". For a second I didn't know what to say; then I thought about it and here is what I came up with. Feel free to contribute to this.
1) More security (especially if you are careful).
2) Bitcoins are a potential investment, cash is not. Paper currency only really goes down in value, Bitcoins have a lot of potential to be worth more as time goes on.
3) Fast, worldwide transactions at your fingertips.
4) Similar to #3, but it's a universal currency. It's legal in most countries of the world and you don't need any kind of currency conversion to send money to people in a different country than your own.
Jump to: