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Topic: Why have Bitcoin instead of cash? - page 124. (Read 246148 times)

hero member
Activity: 2128
Merit: 520
September 03, 2016, 05:14:58 AM
because we have many currency and bitcoin isn't recognized yet in the whole world that's why and government won't allowed not to have pure control of their currency so many greedy so i guess bitcoin can't change it.
hero member
Activity: 798
Merit: 505
September 03, 2016, 04:34:12 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.

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.
Well for me i prefered using bitcoin because i can easily earn it from internet where i can hold it or invest it when in cash we need cash in literal world to buy things that need our life more countries now are using bitcoin especially united states where people are populated and choosing to choose bitcoin as they currency Smiley

Yeah if e are talking about earning online because it is easy to earn bitcoin online than $ but if you convert bitccoin to $ then that is right but in real life we are using our cash our money because stores is they dont know what is bitccoin and they dont accept it as a payment so I prefer cash than bitcoin
hero member
Activity: 1008
Merit: 540
September 03, 2016, 04:28:59 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.

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.
Well for me i prefered using bitcoin because i can easily earn it from internet where i can hold it or invest it when in cash we need cash in literal world to buy things that need our life more countries now are using bitcoin especially united states where people are populated and choosing to choose bitcoin as they currency Smiley
full member
Activity: 196
Merit: 100
September 03, 2016, 04:10:41 AM
i think bitcoin is very much safest and very useful for online shopping than cash so there is a huge number of people are using bitcoin instead of cash and bitcoin is available in everywhere for online shopping.
sr. member
Activity: 434
Merit: 251
September 02, 2016, 02:41:35 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.
hero member
Activity: 672
Merit: 500
September 02, 2016, 02:14:38 PM
For now, I don't have many reasons to. If I would have been in other countries where BTC is popular, maybe I would have agreed with this idea but right now no. Nobody even knows what BTC is in my country...
It is all about usabilty and been unable to spent my bitcoin in many shops, at east in my country, make bitcoin worthy to hold, but not to do any fancy things with it.
Some day perhaps soon we may see this change but at this moment I would choose cash over bitcoin.
sr. member
Activity: 268
Merit: 250
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September 02, 2016, 12:23:31 PM
At this time, when the bitcoin price is still very volatile, I don't think that bitcoin could already be so advantageous to pay our daily expenses.
well it is advanced enough at the moment, the problem is that not a lot of companies and shops are accepting bitcoins right now and i dont think that it is going to happen soon
legendary
Activity: 1134
Merit: 1598
September 02, 2016, 03:39:17 AM
For now, I don't have many reasons to. If I would have been in other countries where BTC is popular, maybe I would have agreed with this idea but right now no. Nobody even knows what BTC is in my country...
legendary
Activity: 3276
Merit: 2442
September 02, 2016, 03:34:15 AM
No reason at all. I always like to hold cash. Bitcoin is not practical like cash. I am a bit old fashioned, i like to smell my money!, feeling it in my hands mmmm, i just came.
hero member
Activity: 952
Merit: 500
September 02, 2016, 02:27:45 AM
i already did some payment with bitcoin , oh i hope there are more shop that we can pay with bitcoin instead of cash
Right now we just have to accept the reality that we cannot spend our bitcoin easily due to only few number of merchants that are accepting bitcoin, time will come bitcoin will be popular and more people will be adopting from it which will also give us a benefit so we just have to wait for the time and trust the future of bitcoin.
hero member
Activity: 700
Merit: 500
Founder of CoExistCoin
September 02, 2016, 01:31:55 AM
Why any crypto currency rather than fiat

https://steemit.com/charity/@coexist/lets-coexist-on-steemit
full member
Activity: 126
Merit: 100
September 02, 2016, 01:24:03 AM
i already did some payment with bitcoin , oh i hope there are more shop that we can pay with bitcoin instead of cash
legendary
Activity: 1414
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September 02, 2016, 12:59:51 AM
At this time, when the bitcoin price is still very volatile, I don't think that bitcoin could already be so advantageous to pay our daily expenses.
if you did not spot it yet, the price is not volatile at all right now and the price growths and drops happen really rarely so there is surely no risk


Nope bitcoin is not volatile right now last month it's because of bitfinex crises at present bitcoin going very stable and in Christmas time bitcoin will go for high rate than now. So you said there is no risk at all in bitcoin.
I agree with you guys . Bitcoin is certainly not like other stupid Cryptos , whose price can be easily manipulated , I see no risk in holding Bitcoin . As a matter of fact , I am happy to hold bitcoins instead of cash , because its an investment and money together . Another main reason is , I can gamble with it online easily .
legendary
Activity: 1372
Merit: 1005
September 02, 2016, 12:48:34 AM
At this time, when the bitcoin price is still very volatile, I don't think that bitcoin could already be so advantageous to pay our daily expenses.
if you did not spot it yet, the price is not volatile at all right now and the price growths and drops happen really rarely so there is surely no risk


Nope bitcoin is not volatile right now last month it's because of bitfinex crises at present bitcoin going very stable and in Christmas time bitcoin will go for high rate than now. So you said there is no risk at all in bitcoin.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
September 02, 2016, 12:05:57 AM
At this time, when the bitcoin price is still very volatile, I don't think that bitcoin could already be so advantageous to pay our daily expenses.
if you did not spot it yet, the price is not volatile at all right now and the price growths and drops happen really rarely so there is surely no risk
Bitcoin has never been stable, the price is still volatile and we are seeing that on a daily basis. Buying now is good for those who want to invest for the future price of bitcoin.
full member
Activity: 223
Merit: 250
September 01, 2016, 09:34:25 AM
At this time, when the bitcoin price is still very volatile, I don't think that bitcoin could already be so advantageous to pay our daily expenses.
if you did not spot it yet, the price is not volatile at all right now and the price growths and drops happen really rarely so there is surely no risk
legendary
Activity: 3150
Merit: 1148
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September 01, 2016, 04:45:15 AM
in cash i can develop my money because my work time is almost 14hrs in a day , but in bitcoin i can develop my money while in work i can trade, bet or etc
That is good, if we have both and we work on it i think it will gives us good profit every week or every month. I treat bitcoin as my other source of income as an investment while cash is use for my daily expenses.
We can have our goal for the future if we think bitcoin as an investment, it can give us fortune in the future if we trust on it and bet with the price now, buying bitcoin in a regular basis would help to grow our investment and if you are earning the better, only spend a little amount for your needs and use your cash every time.

Then if bitcoin will considered as investment then no sense of thinking to use bitcoin instead than cash.

Cash will cover your daily spendings while bitcoin will take care of the investment.

No such replacement will happen because they have both different purposes.
The purpose is really different but bitcoin is better in the sense that it can be a currency a a good investment at the same time, cash is good for spending because anytime you can spend it but it will not increase its value in the future unlike bitcoin can.
legendary
Activity: 2688
Merit: 1065
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September 01, 2016, 03:33:41 AM
in cash i can develop my money because my work time is almost 14hrs in a day , but in bitcoin i can develop my money while in work i can trade, bet or etc
That is good, if we have both and we work on it i think it will gives us good profit every week or every month. I treat bitcoin as my other source of income as an investment while cash is use for my daily expenses.
We can have our goal for the future if we think bitcoin as an investment, it can give us fortune in the future if we trust on it and bet with the price now, buying bitcoin in a regular basis would help to grow our investment and if you are earning the better, only spend a little amount for your needs and use your cash every time.

Then if bitcoin will considered as investment then no sense of thinking to use bitcoin instead than cash.

Cash will cover your daily spendings while bitcoin will take care of the investment.

No such replacement will happen because they have both different purposes.
legendary
Activity: 1106
Merit: 1000
September 01, 2016, 02:52:19 AM
in cash i can develop my money because my work time is almost 14hrs in a day , but in bitcoin i can develop my money while in work i can trade, bet or etc
That is good, if we have both and we work on it i think it will gives us good profit every week or every month. I treat bitcoin as my other source of income as an investment while cash is use for my daily expenses.
We can have our goal for the future if we think bitcoin as an investment, it can give us fortune in the future if we trust on it and bet with the price now, buying bitcoin in a regular basis would help to grow our investment and if you are earning the better, only spend a little amount for your needs and use your cash every time.
sr. member
Activity: 406
Merit: 250
September 01, 2016, 02:12:58 AM
in cash i can develop my money because my work time is almost 14hrs in a day , but in bitcoin i can develop my money while in work i can trade, bet or etc
That is good, if we have both and we work on it i think it will gives us good profit every week or every month. I treat bitcoin as my other source of income as an investment while cash is use for my daily expenses.
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