Topic: Why have Bitcoin instead of cash? - page 123. (Read 246148 times)
Bitcoin certainly will be the future money, there is potential for it, and that is because the world is also getting more digital, that's perfect for the cryptocurrency itself because it will become more and more used.
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 purposeBitcoin is better. But you do not have many places to accept the bitcoin directly.
You have to convert the bitcoin first.
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.
Yes this might very well happen. Bitcoin is also not very very secure as proven in the past.
An alt coin might take over and do it better, maybe google will buy the idea and they would rule the world via their currency. Sounds crazy but i think it's very possible. But for bitcoin to die there needs to be a very big reason or innovative idea.
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 purposeYou both have a point and we dont need to argur with that. They have their own usage at some point. Fiat us used for daily payments while bitcoin can be as an online transaction and an investment at the same time.
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 purposeBitcoin is better. But you do not have many places to accept the bitcoin directly.
You have to convert the bitcoin first.
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
We dont want bitcoins instead of cash becasue i know that cash would be more times better to hjave in the future instead of having bitcoins off course and it is not that we dont want bitcoins but cash is important.
I think that people would choose Bitcoin over cash because with Bitcoin you can end up making more cash but it only takes longer.
You can also purchase stuff online with Bitcoin so that is a other advantage it has above cash.
You can also purchase stuff online with Bitcoin so that is a other advantage it has above cash.
I have seen some very nice arguments in this thread. Most interesting thing for me is that banks cant steal money from us, I remined how much I give to my bank each month for credit cards, for my account, for transactions. They are taking from me more then 10 euros each month, and that is a lot for my salary, more then 5 %.
I would like to be my own bank, and I to have my money for me and not to give them money every month. That wouldn`t be such big deal, but they are so unkind when ever I go there. They are acting like I`m idiot and they sit there in nice suits, and womans are dressed very nice, with big nails haircuts. Well I`m getting sick in my stomach when I think about that.
I would like to be my own bank, and I to have my money for me and not to give them money every month. That wouldn`t be such big deal, but they are so unkind when ever I go there. They are acting like I`m idiot and they sit there in nice suits, and womans are dressed very nice, with big nails haircuts. Well I`m getting sick in my stomach when I think about that.
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.
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.
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.
You can see that bitcoin is a currency, but it is also an investment, and if you save your money in fiat it will not grow over some period of time, but if you put some money in btc, it can take your savings at a higher level.
Yeah, because your savings will grow in value, you will not receive an interest like in banks but with the increase of bitcoin we can make money in a short period of time. Cash on the other hand is only good for spending but not good in investing.
You can see that bitcoin is a currency, but it is also an investment, and if you save your money in fiat it will not grow over some period of time, but if you put some money in btc, it can take your savings at a higher level.
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.
I agree especially to 3 and 4, it's a currency that you can use anywhere and it's as easy as clicking a button, No fine lines and no limitations and restrictions whatsoever, it also offers better privacy if you are careful not to link yourself to a certain address.
Certainly if we want the convenience and hassle free transactions, using bitcoin is way ahead of cash. Plus the fact that every transaction were secure there is no doubt that using bitcoin as payment is better. You will save energy, effort, and of course time.
I agree especially to 3 and 4, it's a currency that you can use anywhere and it's as easy as clicking a button, No fine lines and no limitations and restrictions whatsoever, it also offers better privacy if you are careful not to link yourself to a certain address.
Certainly if we want the convenience and hassle free transactions, using bitcoin is way ahead of cash. Plus the fact that every transaction were secure there is no doubt that using bitcoin as payment is better. You will save energy, effort, and of course time.
I agree especially to 3 and 4, it's a currency that you can use anywhere and it's as easy as clicking a button, No fine lines and no limitations and restrictions whatsoever, it also offers better privacy if you are careful not to link yourself to a certain address.
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.
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.
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.
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.
Mostly people use bitcoin for those three reasons mentioned, first one is security because someone would probably feel more safer if he has his funds with him all the time and has no worries about any stealing or something.
2nd thing is the money you are having can grow anytime, so that is obviously a great thing someone would think of, though there are things which grow in value like gold but for the first time we have a currency that grows that much.
And the most important, you can pay anyone any amount in any corner of the world in no time without any exchanging or other small time consuming actions, you just ask them for the wallet address and send the funds and that's it, they got them in minutes and you are done.
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.
Yes, fiat currency is better because we buy it and utilize it in anywhere. But in investment point of view, bitcoin is a big investment of crypto currency.
When we use cash money in Bitcoin, and we use bitcoin in trading and investment than we could earn more cash. In this point of view, i think bitcoin is better than cash.
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