Why have Bitcoin instead of cash? - page 110.

goldcoinminer

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Quote from: clickerz on October 12, 2016, 09:57:49 PM

Quote from: outatime1 on October 12, 2016, 05:40:42 PM

Paying with bitcoin can be similar to using credit cards but without a bank as the middle man. It puts the money in our control and creates independence from banks.

Thats true paying with bitcoin is hassle free. It favors mostly an online entrepreneur and freelancer. Imagine you have clients abroad and you receive your payments in a short period of time with minimal charges unlike money transfer.

Good only if you are always doing online transaction, they have there different usage while bitcoin is limited only for online transaction, cash on the other hand are simple to use as we can use it anytime without the need of internet and electricity to transact.

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Quote from: outatime1 on October 12, 2016, 05:40:42 PM

Paying with bitcoin can be similar to using credit cards but without a bank as the middle man. It puts the money in our control and creates independence from banks.

Thats true paying with bitcoin is hassle free. It favors mostly an online entrepreneur and freelancer. Imagine you have clients abroad and you receive your payments in a short period of time with minimal charges unlike money transfer.

Superbitzz

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to me in present time most of the people are using cash instead of bitcoin but those people who have some good knowledge about bitcoin they have change their spending money in cash they give preference to bitcoin instead of cash as it is more easy than cash.

outatime1

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Paying with bitcoin can be similar to using credit cards but without a bank as the middle man. It puts the money in our control and creates independence from banks.

Financial_Genius

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Below are five ways available for any user who wants not just to hoard the coins in the purse, and use them for its intended purpose – to pay for goods and services. And they extend far beyond the proverbial Cup of coffee or pizza.

Travel
Ordering of plane tickets and hotel rooms is quite feasible with bitcoin, and a simple Google search will lead you in the first place, for a service called BTCTrip. The user interface of this resource is a little different from a lot of sites dedicated to travel, however, the prices in addition to dollars, provided bitcoin and other altonah.
Other services that a few years ago began offering the opportunity to pay for trips to crypto currency, steel, Expedia, and Virgin Galactic.
Shopping

Lovers to do online purchases in the first place will help Purse.io. With this resource you can buy almost any item or product on Amazon, paying with bitcoins, and more and save significantly. Discounts on purchases through Purse.io's can vary in limits from 5% to 30%.

manyute

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Well bitcoin is really nice for those people who knows to use it because they have idea where they use and to earn profit with it and many bitcoin users will surely selects bitcoins for now and wait for halving to come, but if you really dont know about bitcoin well we should select real money so we can avoid to be scam.

Financial_Genius

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Despite all the attractive sides of Bitcoin has signs of a financial pyramid, with all its properties: the attractiveness of a quick profit, high income first participants, an extremely high complexity to obtain monetary unit to the new members of the system and more.
We reviewed the features of the crypto currency Bitcoin, it is possible to allocate advantages and disadvantages, but in our opinion the main reason not enough to the high popularity of this currency is its instability. Since the stability of currency and money circulation, which is so important to all economic actors (public authorities, entrepreneurs. are the two most important properties of any universal equivalent – the recognition and liquidity.

Bitcoinsummoner

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Quote from: satdas on October 12, 2016, 02:30:59 PM

Quote from: varyspro on October 01, 2016, 06:19:52 AM

Absolutely true noticed that bitcoins do not need to be converted into another currency to make payments. It is very convenient. Do not lose money on these activities

yes i also agree that if you are doing purchase in bitcoin you do not need to convert your bitcoin into any other currency but can use it any where in the world without changing it into any other currency.

They are just few stores right now are accepting bitcoin as payment that you dont need to convert your bitcoin in to other cuurency to be accepted ..
I hope that we will be the same as brazil that has 150 stores or more accepting bitcoin as payment..

satdas

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Quote from: varyspro on October 01, 2016, 06:19:52 AM

Absolutely true noticed that bitcoins do not need to be converted into another currency to make payments. It is very convenient. Do not lose money on these activities

yes i also agree that if you are doing purchase in bitcoin you do not need to convert your bitcoin into any other currency but can use it any where in the world without changing it into any other currency.

ironm@n

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Quote from: Distinctin on September 30, 2016, 02:00:40 PM

Quote from: Noctis Connor on September 30, 2016, 10:16:26 AM

Quote from: Piltover on September 27, 2016, 08:22:50 PM

I love having bitcoin and I think that using bitcoin is better than cash, its safer and you can also not lose it easily like cash.
Due to that I think its better to have bitcoin.

Every one love having bitcoin in there bitcoin wallets specially when they are receiving big amounts of bitcoin , cash in cash we use it for physical needs like buying foods whenever we wants buying something that we need specially the cloths and many more for me it better if we use two

In my country, I used to be able to buy the aeroplane ticket with bitcoin, but not any more. bitcoin is not so popular.

Wow, It's an incredible way to use Bitcoin, so far I did not know that such an option already existed in some places. I think in the future it will be something more common.

With regard to my motivations, I believe one of the best advantages is to efficiently send money anywhere in the world, in a way that is secure, fast and without the intervention of the central authorities.

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Quote from: harizen on October 01, 2016, 04:49:40 AM

Quote from: Yakamoto on September 30, 2016, 12:53:07 AM

Personally I'd rather have Bitcoin instead of cash because it gains more value over time (so far, plus depreciating value), and it is less vulnerable to loss or loss of value than fiat currency (for a multitude of reasons). You can also use Bitcoin in a number of ways, and it isn't as limited as fiat currency.

So in here you really care for the bitcoin price since you are pointing of the value of it as time passes by.

What will take care of your regular expenses now? Since you preferred to have bitcoin instead of cash, your bitcoin will now be used to covered all your daily, weekly and regular spendings now. See the picture here?

There are many instances that bitcoin can't really match what fiat cash can do today so just use both of them as they are giving benefits in our financial status in life.

I agree people around here are too visionary that they forget about the reality. The reality that bitcoin will never do at this point of time. The reality that we need cash to buy our daily needs and bitcoin cannot be used to do it unless exchange to cash. Even in our monthly bills, the third party that accepts bitcoin is changing bitcoin to fiat money and send it to our account to pay our bills that we paid for bitcoin.

Milkduds

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Something that bugs me about bitcoin is that whenever I buy or sell it is based on the USD,meaning I not only potentially get screwed by the seller with a overprice but I also get dinged on the conversion to CAD from USD. Seems to setup a double thronged issue at times that I do not get with the Dollar.

Thats just something I seem to think about when it comes to one versus the other and its petty if I plan for the issue.

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Quote from: Piltover on October 12, 2016, 10:51:23 AM

Some people think that it is better to have Bitcoin instead of cash because the value of the Bitcoin can go up which can lead to more cash in the end.
But at the moment I would go with cash because you can use cash at more places then Bitcoin for sure.

Getting cash from bitcoins is really not a big deal as you can easily convert your coins into cash from a exchange or in Localbitcoins.com, and if you are holding your money in bitcoins there is a big chance that you might have more in just a week as the price always has a chance to grow.

tee-rex

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Quote from: bamboylee on October 12, 2016, 11:46:12 AM

Quote from: Piltover on October 12, 2016, 10:51:23 AM

Some people think that it is better to have Bitcoin instead of cash because the value of the Bitcoin can go up which can lead to more cash in the end.
But at the moment I would go with cash because you can use cash at more places then Bitcoin for sure.

That would mean bitcoin is just for investment and cash for immediate expanses. That would make sense because there is not much places you can spend your bitcoins directly.

I second that. Spending bitcoins on daily needs doesn't seem to be a very wise decision overall, even if it is now made possible with Bitcoin payment cards. It is like spending a gold coin to buy a roll or two of toilet paper and receiving change in paper money or nickels. You could certainly do that and buy enough toilet paper that will likely last you a lifetime, but would it be worth it?

bamboylee

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Quote from: Piltover on October 12, 2016, 10:51:23 AM

Some people think that it is better to have Bitcoin instead of cash because the value of the Bitcoin can go up which can lead to more cash in the end.
But at the moment I would go with cash because you can use cash at more places then Bitcoin for sure.

That would mean bitcoin is just for investment and cash for immediate expanses. That would make sense because there is not much places you can spend your bitcoins directly.

danherbias07

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I rather have both. Bitcoin and cash. Make some cash through bitcoin and buy bitcoin through cash. Why compare each other if both have different usage to different things that will be transact.

Icathia

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Having bitcoin instead of cash is just nice because you can make some nice amounts with it and its also that you can use it globally.
Another fact is that you can make profit with just holding it too!

Kotone

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Bitcoin is easy to use and making some transaction is easy too if you are going to use bitcoin in the future then bitcoin will be more popular because bitcoin for now is international and im believing that bitcoin will be more popular and it will be converted into bitcoin everything

hope soo this will be happens

Piltover

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Some people think that it is better to have Bitcoin instead of cash because the value of the Bitcoin can go up which can lead to more cash in the end.
But at the moment I would go with cash because you can use cash at more places then Bitcoin for sure.

horace08122

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The main advantage of bitcoins that this is a very convenient payment system. The second important point is its high price. In addition, the price is constantly increasing.

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