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Topic: Why have Bitcoin instead of cash? - page 129. (Read 246169 times)

hero member
Activity: 952
Merit: 500
August 09, 2016, 04:12:46 AM
There's no need of longest wait to have your money,no charges,no bank transactions , the fastest way of claiming money.Asking bitcoin or cash?Simply for me bitcoin..
Because you are only looking at one angle of the competition, if you would also consider its totality then surely cash will outplay bitcoins. Cash are widely accepted while bitcoin is still young and so much to prove to the public before massive adoption will happen.
hero member
Activity: 994
Merit: 544
August 09, 2016, 01:41:37 AM
There's no need of longest wait to have your money,no charges,no bank transactions , the fastest way of claiming money.Asking bitcoin or cash?Simply for me bitcoin..

Yes using bitcoin is hassle free without any charge.  It takes only a minute to receive and send it.  But the thing is it is not yet popular and not known to many people.  Less people knows the capabilities and capacity of bitcoin.  It would be hard for people who are not familiar with computers like our parents and grand parents.  Bitcoins cannot be purchase for things like groceries, but still in terms of less worries and less stress I would opt to use bitcoin.  Hope that it would be recognize as a fiat money.
hero member
Activity: 3052
Merit: 685
August 08, 2016, 09:44:09 PM
There's no need of longest wait to have your money,no charges,no bank transactions , the fastest way of claiming money.Asking bitcoin or cash?Simply for me bitcoin..
hero member
Activity: 658
Merit: 500
August 08, 2016, 06:25:37 PM
Bitcoin is the most accessible money globally , wherever you are.
Despite the fact that it is not known like dollar $ ..
and it is the easiest money to use right now, you dont need to have any knowledge about it you just need to have a mobile phone and know how to use it
sr. member
Activity: 447
Merit: 250
August 08, 2016, 05:43:58 PM
Bitcoin is the most accessible money globally , wherever you are.
Despite the fact that it is not known like dollar $ ..
thats true you just need internet connection and that is it, i think that in the future bitcoin will potentially replace dollar because of many benefits bitcoin has
hero member
Activity: 826
Merit: 502
August 08, 2016, 05:22:52 PM
You should get Bitcoin instead of cash so the government can't put tax on you. This is really efficient especially if you're going to get your salary in bitcoin, income tax just takes a big portion of your salary. People have been dealing with this thing for a long time already.

You might also want to consider the fact that bitcoin's value increases over time (there are some dips though). And the value of cash doesn't increase even if you wait for years unless your country's economic state changes.
legendary
Activity: 966
Merit: 1000
TRUMP IS DOING THE BEST! MAKE AMERICA GREAT AGAIN!
August 08, 2016, 03:07:11 PM
I like to have bitcoin rather than cash because it's versatility.
It can do what cash could not or ever will be able to do. Grin
sr. member
Activity: 275
Merit: 250
August 08, 2016, 03:04:09 PM
Bitcoin is the most accessible money globally , wherever you are.
Despite the fact that it is not known like dollar $ ..

It's not really accessible. And not globally at all. I got to drive +500km to get to a BTC ATM. I have to drive +200km to find a shop accepting BTC. The price is +$570. How can it be accessible at this price?

If he is in the city then yes he could say that. 711 is now accepting bitcoin buying but I dont know if they do with selling. Well banks could do it. Just need a wallet site connected.
This is not a correct price, if the sale price is more than shopping. Probably better to deal with other issues to raise their fees.
sr. member
Activity: 434
Merit: 250
August 08, 2016, 02:45:53 PM
The reason why I would choose Bitcoin over cash is because you can even make more money with Bitcoin which can lead to cash.
It just can take a while before you get your cash but that does not matter I will be patient if I can make more money with it.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
August 08, 2016, 10:53:38 AM
Bitcoin is the most accessible money globally , wherever you are.
Despite the fact that it is not known like dollar $ ..

It's not really accessible. And not globally at all. I got to drive +500km to get to a BTC ATM. I have to drive +200km to find a shop accepting BTC. The price is +$570. How can it be accessible at this price?

If he is in the city then yes he could say that. 711 is now accepting bitcoin buying but I dont know if they do with selling. Well banks could do it. Just need a wallet site connected.
legendary
Activity: 2940
Merit: 1083
August 08, 2016, 08:31:02 AM
Bitcoin is the most accessible money globally , wherever you are.
Despite the fact that it is not known like dollar $ ..

It's not really accessible. And not globally at all. I got to drive +500km to get to a BTC ATM. I have to drive +200km to find a shop accepting BTC. The price is +$570. How can it be accessible at this price?

I think what he is trying to say is access online. A shop online or buying and selling in some websites. But what if you are in almost a deserted place and just got a small store to buy what you need. I hope they accept bitcoin there.  Grin
legendary
Activity: 1134
Merit: 1598
August 08, 2016, 08:15:54 AM
Bitcoin is the most accessible money globally , wherever you are.
Despite the fact that it is not known like dollar $ ..

It's not really accessible. And not globally at all. I got to drive +500km to get to a BTC ATM. I have to drive +200km to find a shop accepting BTC. The price is +$570. How can it be accessible at this price?
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
August 08, 2016, 08:10:50 AM
We generally invest in bitcoin not because of high and encrypted security or digital transition.we invest them as they give us profit directly or indirectly.yes bitcoin have compact parameter which make it more flexible and reliable.

That could be right. Most of us invest in bitcoin because it has limited supplies, so the value will increase later.

Very true. The more we are going near the depletion of it the more it becomes valuable and soon many will also come to get some bitcoin and there will be a lot of demands.
hero member
Activity: 798
Merit: 505
August 08, 2016, 05:33:26 AM
Can agree with people who saying that bitcoin is better than cahs, for using as currency cash is really much better that bitcoin and also much esier.
well cash is really easy to use right now, though i think that in the future bitcoin will be way easier to use and thats why im holding bitcoins

if you are just buying small stuffs then cash is better. but if you are holding a lot of it, it is already too bulky. It is better if you have bitcoins or debit card. You do not have to carry stuffs around, just your cellphone. And that is normal because you always carry your cellphone with you.
yes that is right but we cannot depend on bitcoin only, i consider bitcoin as a side business and i mostly invest my all  assets in bitcoin, i am a teacher and when i receive my salary i try to buy bitcoin with it, but for my daily necessities i use fiat currency because we have no facilities of using bitcoin in  in our local markets.

Im a employee to (Government Employee) then earning bitcoin online is my sideline because the use of bitcoin in my life is to buy something online . It is easy to buy things online using bitcoin than the actual money because lot of process to do it not like bitcoin just get the wallet enter the amount of money then you're done! But i do prefer our fiat money because bitcoin in our country is not fully recognize we are in the 3rd world country. But soon they would recognize it Cheesy
hero member
Activity: 1372
Merit: 503
August 08, 2016, 05:26:52 AM
Besides, Bitcoin is an invisible gold and do not be restricted by the customs.

By the way you can have both. Cash and bitcoin and also Gold. Because they are not the same currency, cash is for international currency, bitcoin is for digital currency and gold is for long time currency. So these 3 currency is the best thing that you can partnered with.
sr. member
Activity: 644
Merit: 261
August 08, 2016, 05:26:23 AM
If someone wanted to save for the future and have spending issues like when he has cash he can't resist but spend it then he should consider converting some of his cash to bitcoin. In that way, since he can't buy everything with bitcoin then whenever he wanted to buy something and his money is just enough for the basic necessities then he can control his spending. If he is an impulsive buyer then he cannot buy immediately because of fund restrictions.
sr. member
Activity: 336
Merit: 250
August 08, 2016, 02:42:16 AM
Bitcoin is the most accessible money globally , wherever you are.
Despite the fact that it is not known like dollar $ ..

Yes it is not yet known as an alternative for money.  People are not yet familiar of what is it, how it functions, and its significance to money.  Even in our family do not trust me about how bitcoin works.  But if you would compare money to bitcoins with safety issue, bitcoin is far safer.  Though its use is limited as you can only trade it online.  Plus the fact that no one can steal it from you as long as you are the only one who knew your bitcoin address.
full member
Activity: 216
Merit: 100
August 08, 2016, 02:15:21 AM
We generally invest in bitcoin not because of high and encrypted security or digital transition.we invest them as they give us profit directly or indirectly.yes bitcoin have compact parameter which make it more flexible and reliable.

That could be right. Most of us invest in bitcoin because it has limited supplies, so the value will increase later.
sr. member
Activity: 585
Merit: 251
August 07, 2016, 03:18:50 AM
We generally invest in bitcoin not because of high and encrypted security or digital transition.we invest them as they give us profit directly or indirectly.yes bitcoin have compact parameter which make it more flexible and reliable.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
August 07, 2016, 01:07:52 AM
It's not really a good idea. Not for me at least, as my country doesn't support BTC at all. After looking on many maps, I found out there are just 11 places you can pay with BTC at, out of which like 6 of them are ATMs.

It might be anonymous, fast and safe.. but even if my country would support BTC payments, confirmation would be a pain. For both the customers and the owners.

As you say, it can vary from country to country.
In a small city-state with high levels of internet penetration, bitcoin could really be a hit.

The bitcoin has limited supply unlike fiat which has unlimited supply. So the bitcoin price will rise in the long term.
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