Topic: Why have Bitcoin instead of cash? - page 125. (Read 246169 times)
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
i think bitcoin is much more safer than fiat and bitcoin is potential investment there maximum are buying bitcoin in less price and then hold it for high price and they can easily get a big profit from bitcoin.
Much safer? I think there's no difference in terms of being safe because all in all they are both prone to stealing and illegal things associated with the money and assets.
To make it safe, the owner must be the one who will take care of the responsibility.
I enjoy using bitcoin more than I do fiat because of the knowledge that is needed to be able to use it properly.
Any one can use cash but crypto is different as you need to know how the blockchain works and how much to send as a miner's fee so your send does not get stuck and not sent out properly or in the time that you want it too.
So it is much more complicated to use then most might think.
Any one can use cash but crypto is different as you need to know how the blockchain works and how much to send as a miner's fee so your send does not get stuck and not sent out properly or in the time that you want it too.
So it is much more complicated to use then most might think.
i think bitcoin is much more safer than fiat and bitcoin is potential investment there maximum are buying bitcoin in less price and then hold it for high price and they can easily get a big profit from bitcoin.
I think having both bitcoins and cash are important, having cash for real life and bitcoin on online things, but have bitcoins instead of cash, maybe because bitcoins is good for online transaction.
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.
because the value of cash can decrease from day to day, but if you invest your cash in bitcoin the price of bitcoin is expecting to increase, therefore it is better to keep your assets in bitcoin instead of cash.
and it will be decreasing because there is more and more money being printed out, in my opinion bitcoins are way better because of thatIn these days, I don't think you should have all of your portfolio in bitcoins, and nothing in cash. Because, as you well know, you still cannot buy everything using cryptocurrencies. You still need paper money to use daily.
You are right, as till now there are not much stores which can provide everything for our living and are not much services with which we will be able to pay for any service we have for our life , so we will have to keep some amount of our cash in fiat.
In these days, I don't think you should have all of your portfolio in bitcoins, and nothing in cash. Because, as you well know, you still cannot buy everything using cryptocurrencies. You still need paper money to use daily.
Everything has an ups and downs over something. In this case, Bitcoin vs cash. Cash is superior to bitcoin because it's the standard measure of payment. If you want to buy something, you can buy it right away with cash. No more conversion or waiting for a certain number of blocks to mine, you just give your cash to the other person. In bitcoin, you can't buy anything offline. All the transactions that involves Bitcoin has to be done online because Bitcoin is a crypto-currency.
But the thing is, Bitcoin's market is always moving. In cash, it will always be the same unless your country makes a huge leap economically. Storing bitcoins for a while, the value of it in terms of USD is likely to be more than what it was back then.
But the thing is, Bitcoin's market is always moving. In cash, it will always be the same unless your country makes a huge leap economically. Storing bitcoins for a while, the value of it in terms of USD is likely to be more than what it was back then.
The main reasons are low fees, fast transactions and safety. Why should you pay more in a money transfer company like the western union and others like that if you can do it through bitcoin. So simple and faster, in my opinion.
I agree, i like sending money through bitcoin because it has less transaction fee and they can receive it in instant. i dont have to fall in the line in remittance center so its hassle free. and if you just hold btc in your wallet there is a chance you can get profit if the price become high. however i cant live without cash though.
I wouldn't say that I'd take bitcoin over cash. Bitcoin is just a new digital currency and it is clearly not yet stable. A lot of things can affect the way the price behaves and there are way less options to use it compared to cash. Although I am looking forward to a day when bitcoin is more popular and widely used, I would still prefer cash / fiat over bitcoin.
because the value of cash can decrease from day to day, but if you invest your cash in bitcoin the price of bitcoin is expecting to increase, therefore it is better to keep your assets in bitcoin instead of cash.
and it will be decreasing because there is more and more money being printed out, in my opinion bitcoins are way better because of thatYour cash is accepted only in your country, it is a limited currency limited to their own nations, and I have bitcoin because I am feeling more convenient with that to shop internationally on online shops, while with the currency of my country I cannot buy anything outside my country.
You are right, it is bitcoin which is international currency and none of the country own it and so none of the country(people) will have any reason to reject it for their business and for their other financial matters.
New currency, too technical, no insurance of funds, ect.
because the value of cash can decrease from day to day, but if you invest your cash in bitcoin the price of bitcoin is expecting to increase, therefore it is better to keep your assets in bitcoin instead of cash.
and it will be decreasing because there is more and more money being printed out, in my opinion bitcoins are way better because of thatYour cash is accepted only in your country, it is a limited currency limited to their own nations, and I have bitcoin because I am feeling more convenient with that to shop internationally on online shops, while with the currency of my country I cannot buy anything outside my country.
You are right, it is bitcoin which is international currency and none of the country own it and so none of the country(people) will have any reason to reject it for their business and for their other financial matters.
New currency, too technical, no insurance of funds, ect.
because the value of cash can decrease from day to day, but if you invest your cash in bitcoin the price of bitcoin is expecting to increase, therefore it is better to keep your assets in bitcoin instead of cash.
and it will be decreasing because there is more and more money being printed out, in my opinion bitcoins are way better because of thatYour cash is accepted only in your country, it is a limited currency limited to their own nations, and I have bitcoin because I am feeling more convenient with that to shop internationally on online shops, while with the currency of my country I cannot buy anything outside my country.
You are right, it is bitcoin which is international currency and none of the country own it and so none of the country(people) will have any reason to reject it for their business and for their other financial matters.
because the value of cash can decrease from day to day, but if you invest your cash in bitcoin the price of bitcoin is expecting to increase, therefore it is better to keep your assets in bitcoin instead of cash.
and it will be decreasing because there is more and more money being printed out, in my opinion bitcoins are way better because of thatYour cash is accepted only in your country, it is a limited currency limited to their own nations, and I have bitcoin because I am feeling more convenient with that to shop internationally on online shops, while with the currency of my country I cannot buy anything outside my country.
I'm not aware if you heard about the Greece situation years before (or maybe still) where they were limited to withdraw money from ATM.
Even though it was their money they couldn't withdraw all their money (in cash ofc) because bank limited them.
So when you have bitcoin and you are the only owner means that you don't have any limit spending them.
Even though it was their money they couldn't withdraw all their money (in cash ofc) because bank limited them.
So when you have bitcoin and you are the only owner means that you don't have any limit spending them.
The main reasons are low fees, fast transactions and safety. Why should you pay more in a money transfer company like the western union and others like that if you can do it through bitcoin. So simple and faster, in my opinion.
Everything including the best level of anonymity, as with bitcoins, you are not traceable as nowadays, mixing services are available if anyone is too concerned about their privacy online, and don't want to disclose where their funds came from... So, using bitcoins instead of cash, or for cash is the best way to remain anonymous and do your things side by side...
The main reasons are low fees, fast transactions and safety. Why should you pay more in a money transfer company like the western union and others like that if you can do it through bitcoin. So simple and faster, in my opinion.
because the value of cash can decrease from day to day, but if you invest your cash in bitcoin the price of bitcoin is expecting to increase, therefore it is better to keep your assets in bitcoin instead of cash.
and it will be decreasing because there is more and more money being printed out, in my opinion bitcoins are way better because of thatJump to: