Topic: Why have Bitcoin instead of cash? - page 114. (Read 246169 times)
I don't think you should try having all in bitcoins and nothing in fiat money. Because you can't buy everything with btc, you also need cash, of course.
using bitcoins instead of cash is good for international transactions as some country don't allowed to have paypal account or you can convert bitcoins to any currency.
True. Better when you want to go to another country without holding a large amount of cash. They wont see it and wont even feel that you are carrying such an amount. It is also protected if are using apps of an exchange website.
Its in the first place safer if you are asking me and its also that you can do it safely, you are controlling it no one else.
I really think its way better.
I really think its way better.
using bitcoins instead of cash is good for international transactions as some country don't allowed to have paypal account or you can convert bitcoins to any currency.
True. Better when you want to go to another country without holding a large amount of cash. They wont see it and wont even feel that you are carrying such an amount. It is also protected if are using apps of an exchange website.
I'm not sure it's a good idea, for me personaly, cash is much better than bitcoins and i prefer to use cash, it's much more easy, and the main benefit is that cash can be used offline.
Yes it is easy to use cash than bitcoin because we can spend our cash into anything we want like buying things in market because bitcoin can't do that and cash has more benefits than bitcoin but we are also using bitcoin to earn cash then we need both of them 
using bitcoins instead of cash is good for international transactions as some country don't allowed to have paypal account or you can convert bitcoins to any currency.
That is one of the advantages of bitcoin to cash transaction but as of now not all online shop start accepting bitcoin in their mode of payment, that is why its better to have them both, which one is applicable is very easy for you to transact.using bitcoins instead of cash is good for international transactions as some country don't allowed to have paypal account or you can convert bitcoins to any currency.
That is one of the advantages of bitcoin to cash transaction but as of now not all online shop start accepting bitcoin in their mode of payment, that is why its better to have them both, which one is applicable is very easy for you to transact.
using bitcoins instead of cash is good for international transactions as some country don't allowed to have paypal account or you can convert bitcoins to any currency.
Botch cash and BTC have their place,I don't think one can fully replace the other at least for now,in the future maybe BTC can prevail but a lot of things have to happen before that so BTC is used by almost everyone and accepted everywhere
in my opinion cash is better than bitcoin, because we can see and hold cash, or we can say cash is tangible, while bitcoin is a digital currency so we cant actually touch it, so if our money is being hacked then there is no chance its going to come back to us, so for security reason i choose cash rather than bitcoin
bitcoin is too safer and secure and its transaction is very faster and bitcoin transaction fees is very lower.
The bitcoin block size is small, the transaction traffic is congested. So it will not be used widely by the ordinary people in the future as the fee is too high.
That is my concern as well. I am afraid that the bitcoin will be replaced by other popular fast digital coins in the future.
That could be very true. There's no stopping healthy competition but at one point they can overtake bitcoin in popularity.
We will have to see but if it happens you have to jump the ship quick and get rid of all your coins.
With regard to risk issues, if you hold cash there are chances that it might get stolen, but using btcs you can hold your coins in your digital wallet.
With Bitcoin you can shop online and you can use it as an investment and that is why some might think that Bitcoin is better then cash.
To me it does not really matter because money is money in the end but I would like to have both.
To me it does not really matter because money is money in the end but I would like to have both.
Makes no sense we have to choose between fiat and bitcoin, even with a debit card bitcoin still not yet accepted at the most merchants, in fact just some online merchants working with bitcoin, fiat has plenty control over the market and it wont change.
It is easy to realize that fiat currency has much more acceptance around the world, but it is still early to know if fiat will stay in control or not. Things change very fast in this age of the internet. In addition, there are many advantages that Bitcoin can bring that few people know.I personally think it is safer than other currencies, add the fact that it is also difficult to someone steal your bitcoins. Certainly it's one of the best currencies of the century, and hopefully the currency of the future.
Makes no sense we have to choose between fiat and bitcoin, even with a debit card bitcoin still not yet accepted at the most merchants, in fact just some online merchants working with bitcoin, fiat has plenty control over the market and it wont change.
debit card works like an ordinary card issued by your local bank and it's the most acceptable payment option,and with debit card some of them could be able to be used to verify paypal account that's mean you can also pay stuff with your paypal that being verified with debit card so what's make you think it's still not yet acceptied on the most merchants? you're talking about debit card by the wayHe must be meaning to restrictions that some countries are having about third party debit cards. Because all bitcoin debit cards are not available to all the countries worldwide.
If your country is listed on the allowed list of debit cards for the particular bitcoin debit card company then their debit card will not have any different from that country's credit/debit cards.
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Makes no sense we have to choose between fiat and bitcoin, even with a debit card bitcoin still not yet accepted at the most merchants, in fact just some online merchants working with bitcoin, fiat has plenty control over the market and it wont change.
debit card works like an ordinary card issued by your local bank and it's the most acceptable payment option,and with debit card some of them could be able to be used to verify paypal account that's mean you can also pay stuff with your paypal that being verified with debit card so what's make you think it's still not yet acceptied on the most merchants? you're talking about debit card by the way
Makes no sense we have to choose between fiat and bitcoin, even with a debit card bitcoin still not yet accepted at the most merchants, in fact just some online merchants working with bitcoin, fiat has plenty control over the market and it wont change.
I dont think you should believe this because why having bitcoins instead of cash is maybe for peopel who go all in to the bitcoin and not going for the cash anymore most of the people loves cash.
Why have bitcoins instead of cash i dont think you really need bitcoins to life you know cash is everything you need to the person who is saying this is not really correct.
More advantages of bitcoins over cash are :
- you don’t have to pay taxes on them
-they can't be easily stolen
-no paperwork
-irreversible transactions
- you don’t have to pay taxes on them
-they can't be easily stolen
-no paperwork
-irreversible transactions
yes that's true and that is the reason we are seeing more users entering into bitcoins as they want to take advantages from it and it is always safe to invest your money into it as in future the price would be much higher.
If you are going to ask this to a person who does not know Bitcoin they will pick without a doubt.
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