Topic: Why have Bitcoin instead of cash? - page 133. (Read 246148 times)
Bitcoin is an alternative to cash in the same way that a credit/debit card, PayPal account or other similar digital currency equivalent can also be alternative to cash. The difference between bitcoin and Paypal or a debit/credit card is that bitcoin is decentralized and can also be anonymous if you take appropriate precautions. However it is similar to these alternatives in that there are certain types of transaction that cannot use cash easily - if you want to buy something online you have to put cash into a bank account and then use the attached debit card to pay online. Bitcoin is an alternative to this system in this context, and it offers the benefits I mentioned above.
Cash is good for day-to-day transactions while bitcoins is good for online transactions. Since we are all going cashless, people might start seeing the benefits of bitcoins... asides the fact that its price keeps increasing.
Bitcoin as a dual effect on a person because it can be use as a currency and investment at the same time. Overtime, we can still see a good increase of new entrants in the world of bitcoins that would patronize the use of bitcoins and will give more opportunity to us to see big merchants adopting too.It is true bitcoin can be use as currency and at the same time as an investment asset. But please be aware that not all investment will give you a positive ROI. I don't also see any reason why should i have BTC instead of cash where cash gives me more convinient in purchasing stuff in local market. So I think Bitcoin is only good instead of cash if you want certain things to do.
Cash is good for day-to-day transactions while bitcoins is good for online transactions. Since we are all going cashless, people might start seeing the benefits of bitcoins... asides the fact that its price keeps increasing.
Bitcoin as a dual effect on a person because it can be use as a currency and investment at the same time. Overtime, we can still see a good increase of new entrants in the world of bitcoins that would patronize the use of bitcoins and will give more opportunity to us to see big merchants adopting too. 
Cash is good for day-to-day transactions while bitcoins is good for online transactions. Since we are all going cashless, people might start seeing the benefits of bitcoins... asides the fact that its price keeps increasing.
I think that some people might choose Bitcoin over cash because of the fact that you can make money with it and use t as an investment.
I still think that cash is better but maybe in the future my opinion is going to change.
I still think that cash is better but maybe in the future my opinion is going to change.
Cash is truly better with transactions in malls and retail stores. It is faster and it is worldwide accepted, with bitcoin it is not yet that popular but with it as an investment we can do what you said. Making more cash out of it just by investing it.
I think that some people might choose Bitcoin over cash because of the fact that you can make money with it and use t as an investment.
I still think that cash is better but maybe in the future my opinion is going to change.
I still think that cash is better but maybe in the future my opinion is going to change.
Cash is truly better with transactions in malls and retail stores. It is faster and it is worldwide accepted, with bitcoin it is not yet that popular but with it as an investment we can do what you said. Making more cash out of it just by investing it.
I think that some people might choose Bitcoin over cash because of the fact that you can make money with it and use t as an investment.
I still think that cash is better but maybe in the future my opinion is going to change.
I still think that cash is better but maybe in the future my opinion is going to change.
I refer to bitcoin into cash amount, because bitcoin has a lot of qualities in it, i always pay my bills from bitcoins and i can transfer amount in other account very easily and in a low fees, and also if you have bitcoin than automatically its price has been increasing it is a benefit if you have bitcoin.
if we talk about the future so in future it will be more easy to use bitcoin instead of cash. it will be more secure as compare to other cash. bitcoin will be use as single currency and having same value in all parts of the world so we will not feel the need to convert it in so some other currency. it will be easily access any where as compare to cash. it will no need for banks to keep it.
I think in the places where we use cash direct, will be convenient and easy to use cash forever, but in those places where we use digital system of payment, we will prefer bitcoin as bitcoin is the most easiest way to pay for any purchase or any transaction etc.
if we talk about the future so in future it will be more easy to use bitcoin instead of cash. it will be more secure as compare to other cash. bitcoin will be use as single currency and having same value in all parts of the world so we will not feel the need to convert it in so some other currency. it will be easily access any where as compare to cash. it will no need for banks to keep it.
I think in the places where we use cash direct, will be convenient and easy to use cash forever, but in those places where we use digital system of payment, we will prefer bitcoin as bitcoin is the most easiest way to pay for any purchase or any transaction etc.
bitcoin price is getting higher and higher over time, besides that it is more reliable
Why bitcoin instead of cash? Its okay bitcoin why? Because it is safe to use anywhere . Example , you go to the shopping mall with your friends then you do not shovel the money properly and you have emptied bitcoin . Simply convert bitcoin to cash available to it . And yet it safe because you're away from lost .It okay to lose cellphone than money. Be wise .
bitcoin is way better than cash if you like to gamble but cash is for the anon transactions for drug trade.
I love to have bitcoins instead of cash but since I don’t have any merchant who accepts bitcoin, I have to cash at the moment. I am pretty much confident that in future we will be living in such an economic environment where there will be no cash, every transaction will take place either in local currency or in crypto currency but it will be digital.
Right now I have to convert my bitcoins in local currency (fortunately it directly deposits in my digital wallet account) and there are some merchants who accepts local currency in their digital wallet. So every time when I pay offline using my online wallet, I suggest other party to read about bitcoin.
Right now I have to convert my bitcoins in local currency (fortunately it directly deposits in my digital wallet account) and there are some merchants who accepts local currency in their digital wallet. So every time when I pay offline using my online wallet, I suggest other party to read about bitcoin.
Both are safe and secure but cash can be stealed in physical practice while btc cant.i am not talking about hackers as they are already so knowledgeable.
Still hate paper wallet.
Still hate paper wallet.
paper wallets loaded with bitcoins can also by stealed in physical form.
you just need to make sure you store them in a safe place like you would with cash money.Both are safe and secure but cash can be stealed in physical practice while btc cant.i am not talking about hackers as they are already so knowledgeable.
Still hate paper wallet.
Still hate paper wallet.
paper wallets loaded with bitcoins can also by stealed in physical form.
you just need to make sure you store them in a safe place like you would with cash money.
Both are safe and secure but cash can be stealed in physical practice while btc cant.i am not talking about hackers as they are already so knowledgeable.
Still hate paper wallet.
Still hate paper wallet.
I Use Bitcoin Instead Of Cash:-
1) Because the transactions are fast and Hassle Free and No Paperwork is Required For Making Transactions...
2) No Bank or Organization Controls It.
3) At Last No One Can Steal it From You Without Opening You Wallet....
1) Because the transactions are fast and Hassle Free and No Paperwork is Required For Making Transactions...
2) No Bank or Organization Controls It.
3) At Last No One Can Steal it From You Without Opening You Wallet....
1) No doubts and agree.
2) If you are using web wallets, exclude this as one of the reason.
3) Same in no.2. If you are storing your coins in a trading site or web wallets, chances of fraud is possible even you don't open your wallet.
Something you had missed atleast for me at bitcoins you have plenty control of it, with fiat, bein a good ammount usually the money is at bank, soo you arent in control, thats another and a huge difference for me. Bitcoin has huge potencial fiat is limited by countries and banks companies, controling the value always.
I Use Bitcoin Instead Of Cash:-
1) Because the transactions are fast and Hassle Free and No Paperwork is Required For Making Transactions...
2) No Bank or Organization Controls It.
3) At Last No One Can Steal it From You Without Opening You Wallet....
1) Because the transactions are fast and Hassle Free and No Paperwork is Required For Making Transactions...
2) No Bank or Organization Controls It.
3) At Last No One Can Steal it From You Without Opening You Wallet....
1) No doubts and agree.
2) If you are using web wallets, exclude this as one of the reason.
3) Same in no.2. If you are storing your coins in a trading site or web wallets, chances of fraud is possible even you don't open your wallet.
I Use Bitcoin Instead Of Cash:-
1) Because the transactions are fast and Hassle Free and No Paperwork is Required For Making Transactions...
2) No Bank or Organization Controls It.
3) At Last No One Can Steal it From You Without Opening You Wallet....
1) Because the transactions are fast and Hassle Free and No Paperwork is Required For Making Transactions...
2) No Bank or Organization Controls It.
3) At Last No One Can Steal it From You Without Opening You Wallet....
1) No doubts and agree.
2) If you are using web wallets, exclude this as one of the reason.
3) Same in no.2. If you are storing your coins in a trading site or web wallets, chances of fraud is possible even you don't open your wallet.
Jump to: