Why have Bitcoin instead of cash? - page 122.

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Quote from: 0day on September 09, 2016, 06:50:41 PM

Quote from: kim.apps on September 09, 2016, 03:46:01 PM

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.

I think itis now not hard to buy things with bitcoin, you can search for online goods which are available with the payment system of bitcoin and you will find that there is everything available with bitcoin, and with bitcoin credit card, you can buy even in your local stores with bitcoin.

Not everything but there is a lot of items to choose now. Specially the important goods. With that problem still you will need to exchange it for cash to buy that certain item that is missing out there. There will be a time that almost everything will be there.

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Quote from: kim.apps on September 09, 2016, 03:46:01 PM

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.

I think itis now not hard to buy things with bitcoin, you can search for online goods which are available with the payment system of bitcoin and you will find that there is everything available with bitcoin, and with bitcoin credit card, you can buy even in your local stores with bitcoin.

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I would prefer to use cash too, as I want to hold my bitcoins for future, and I think spending at a moment for basic things will not serve the purpose, I generally use cash to buy basic things and the reason there are not many shops that accepts bitcoins as a mode of payment, and spending bitcoins gives me a feeling that I am spending my investments, so its better to keep bitcoins safe in digital wallet for future.

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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.

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Quote from: Aamir1 on September 09, 2016, 03:27:59 AM

I have bitcoins instead of cash because i have earned bitcoins but could not earn cash as i'm a student and don't have that much time for doing a day job but i can earn bitcoin in my spare time.

i agree with you and i think nowadays maximum people have bitcoin in huge amount instead of cash and bitcoin is very good and too much helpful for student there is a lot student earning bitcoin free online tasks and trading.

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Quote from: Blackmet on September 09, 2016, 12:33:33 PM

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.

I prefer to follow the development of technology, do not have to carry cash everywhere.
but indeed as you say the cash has the advantage that can be used offline. but fiat money is also already include everything, digital payment in cash or by credit card, all readily available. bitcoin better for investment.

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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.

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Quote from: oceanriver on September 05, 2016, 09:50:00 AM

Quote from: GamingBro on September 02, 2016, 01:41:35 PM

Bitcoins instead of cash? I don't know, cash is better in this case, cause you can use it everywhere when bitcoin allows you online shopping only.

bitcoins are way better, cash is just for regular use while bitcoin could be used for both regular use and for investment purpose

I need it both where i can say that every time i earn bitcoin i always convert it into cash where we use it for daily activities are cash are using too to shop , or in grocery bitcoin for me is just second money where i can earn it for free and bitcoin soon will allow online to use as payment hoping that this will happen soon.

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because bitcoin is designed as a digital currency. all kinds of things related to digital will never be seen. digital system built by komputerasi system. digital system has a speed and convenience.

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Quote from: Supercrypt on September 09, 2016, 03:45:35 AM

Quote from: Aamir1 on September 09, 2016, 03:27:59 AM

I have bitcoins instead of cash because i have earned bitcoins but could not earn cash as i'm a student and don't have that much time for doing a day job but i can earn bitcoin in my spare time.

Reflects the opportunities due to bitcoins.

Really very nice to see people are having more opportunities to earn with bitcoin comparing to fiat opportunities. Similarly, a student could do more with online or whatever he is able to do with fiats, so there is no need to have cash.

This could be the future : earning in bitcoins and have it to spend in bitcoins.

It is a great gift for people who supports bitcoin, because we can receive a lot of benefits, like you mentioned students can earn bitcoin by working online and based on what I know they even earn more money than a regular employee receiving a minimum salary having a rank and file position in poor countries.

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Quote from: Aamir1 on September 09, 2016, 03:27:59 AM

I have bitcoins instead of cash because i have earned bitcoins but could not earn cash as i'm a student and don't have that much time for doing a day job but i can earn bitcoin in my spare time.

Reflects the opportunities due to bitcoins.

Really very nice to see people are having more opportunities to earn with bitcoin comparing to fiat opportunities. Similarly, a student could do more with online or whatever he is able to do with fiats, so there is no need to have cash.

This could be the future : earning in bitcoins and have it to spend in bitcoins.

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The bitcoin is way safer, you can not lose it as cash and its also that you cannot get robbed easily for money on the streets.
Another nice thing is that if you have your phone with you, you can in the most cases access you wallet from it so that is another nice thing, you always got money with you than.

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I have bitcoins instead of cash because i have earned bitcoins but could not earn cash as i'm a student and don't have that much time for doing a day job but i can earn bitcoin in my spare time.

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Quote from: BTCfan97 on July 08, 2015, 01:10:49 AM

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.

Holding bitcoin is not always the best option especially if you invest 100% of your money (fiat) into bitcoin.
Having cash is more portable and more comfortable because you can spend where you want (not everywhere).
But I don't want to go 100% only on one, but using both of them and when we need is this what we want.

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Bitcoins is easy to use, it lets you keep track easily of your disbursements and receipts as it can be seen in the public ledger, it also gives us the opportunity to invest while using it and might profit in the future if we were able to manage our bitcoins.

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Quote from: rio3233 on September 08, 2016, 11:45:07 AM

Why not have both then ? Both are important, bitcoin, we use bitcoin at online and cash, we use cash on real life. Actually i prefer have cash instead of bitcoins.

The advantage of using bitcoins is you can exchange bitcoin anyware into fiat if you are far places outside in your country in case of emergency if you dont have money you can withdraw your bitcoins into fiat..

rio3233

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Why not have both then ? Both are important, bitcoin, we use bitcoin at online and cash, we use cash on real life. Actually i prefer have cash instead of bitcoins.

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One of the advantage that I like with owning a few Bitcoin is technically or literally you can bring it anywhere without others to catch you that you have a lot of money in Bitcoin. The downside is internet connnection in some are are still alow or nothing.

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I use bitcoin, but sometimes I have to convert to cash. I still prefer bitcoin because the price has a lot of room to grow and can be converted to more cash in the future, and also Bitcoin is more convenient to use.

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Quote from: Distinctin on September 06, 2016, 02:41:41 AM

Quote from: oceanriver on September 05, 2016, 09:50:00 AM

Quote from: GamingBro on September 02, 2016, 01:41:35 PM

Bitcoins instead of cash? I don't know, cash is better in this case, cause you can use it everywhere when bitcoin allows you online shopping only.

bitcoins are way better, cash is just for regular use while bitcoin could be used for both regular use and for investment purpose

Bitcoin is better. But you do not have many places to accept the bitcoin directly.
You have to convert the bitcoin first.

bitcoin is better than all the other investment options or the currencies we have, i think that everyone should use only it because it is really easy to use

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