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Topic: Why have Bitcoin instead of cash? - page 134. (Read 246148 times)

full member
Activity: 238
Merit: 100
July 27, 2016, 12:51:46 PM
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.
hero member
Activity: 1148
Merit: 504
July 27, 2016, 12:56:34 AM
After read above most people choosing bitcoin instead cash
I dont know why, but in real life i prefer use cash
I cant buy any kind of goods or foods in my country using bitcoin, still better using cash in here. Dont know about another country, but i think according to the reply i read, maybe there are already offline store that accept bitcoin in their country

Same here, I still cannot spend bitcoins everywhere or buy everything. I can only use it online to purchase some items. But if I want to use it to buy my groceries, I cannot. So I still have to exchange it to fiat first. But I will still choose bitcoin over fiat, and wait when the time comes that I can spend bitcoin as easily as buying candy.
full member
Activity: 238
Merit: 100
July 26, 2016, 11:08:09 PM
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....
hero member
Activity: 2926
Merit: 636
July 26, 2016, 10:49:25 PM
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.

Good points, fast and secure transactions are essential factors to move the economy. Smiley
It is not only that fast because using bitcoin will give us the benefits to save on the charges like other payment system have impose.

I believe the more people will use bitcoin would be helpful for the community as a whole and for the world as it could generate a great amount of savings that could be use in the improvement of our society and the life of the users as well.
full member
Activity: 126
Merit: 100
July 26, 2016, 01:03:30 PM
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.

Good points, fast and secure transactions are essential factors to move the economy. Smiley
newbie
Activity: 19
Merit: 0
July 26, 2016, 12:53:14 PM
There are many things you can do with bitcoins that you can't do with cash.
full member
Activity: 216
Merit: 100
July 26, 2016, 09:07:24 AM
Bitcoin allows you to purchase anything without any delay

This is not correct at all because you cant purchase anything with bitcoin or should I say that you can only purchase "anything" only if people decided to accept bitcoin otherwise you will need someone to swap their cash for your bitcoin and purchase it with fiat , thats of course got some delay in it
Well i think they bitcoin will be still considered as money because we can still use bitcoin to buy anything but you should exchange or convert it first before you can buy,.. and yea your right that bitcoin is not instant its still experiencing of delayed

We don't have to consider bitcoin as real money because it already is real money.
The reason why you have bitcoin can be diverse.
I for one like buying stuff online and with bitcoin i can. What I also dislike is that cash is quite dirty, bitcoin in that perspective is clean.

I use the bitcoin as an investment for the long term holding. I also use some bitcoin to help mass adoption.
sr. member
Activity: 420
Merit: 250
July 25, 2016, 05:35:40 PM
Bitcoin allows you to purchase anything without any delay

This is not correct at all because you cant purchase anything with bitcoin or should I say that you can only purchase "anything" only if people decided to accept bitcoin otherwise you will need someone to swap their cash for your bitcoin and purchase it with fiat , thats of course got some delay in it
Well i think they bitcoin will be still considered as money because we can still use bitcoin to buy anything but you should exchange or convert it first before you can buy,.. and yea your right that bitcoin is not instant its still experiencing of delayed

We don't have to consider bitcoin as real money because it already is real money.
The reason why you have bitcoin can be diverse.
I for one like buying stuff online and with bitcoin i can. What I also dislike is that cash is quite dirty, bitcoin in that perspective is clean.
legendary
Activity: 2030
Merit: 1030
Privacy is always important
July 25, 2016, 02:06:20 PM
Bitcoin allows you to purchase anything without any delay

This is not correct at all because you cant purchase anything with bitcoin or should I say that you can only purchase "anything" only if people decided to accept bitcoin otherwise you will need someone to swap their cash for your bitcoin and purchase it with fiat , thats of course got some delay in it
Well i think they bitcoin will be still considered as money because we can still use bitcoin to buy anything but you should exchange or convert it first before you can buy,.. and yea your right that bitcoin is not instant its still experiencing of delayed
hero member
Activity: 1414
Merit: 574
July 25, 2016, 01:38:54 PM
Bitcoin allows you to purchase anything without any delay

This is not correct at all because you cant purchase anything with bitcoin or should I say that you can only purchase "anything" only if people decided to accept bitcoin otherwise you will need someone to swap their cash for your bitcoin and purchase it with fiat , thats of course got some delay in it
hero member
Activity: 756
Merit: 501
July 25, 2016, 10:37:12 AM
Bitcoin allows you to purchase anything without any delay, and its more safety being at your hands, has we dont know the current situation of the banks, had you thinked if happens to you what happened in Greece? Those make me believe bitcoin is getting more advantages and i will keep always in control.
hero member
Activity: 2926
Merit: 636
July 25, 2016, 10:13:45 AM
Believe me bitcoin is better than cash in the mean time because the value of cash in hand is steady not like bitcoin which has increasing value over time
yeah bitcoin is just unique and better then cash no doubt for that and its volatile price, liquidity, independency and anonymity level makes it more better to attract more user to it so they can say bitcoin is better then cash Wink
Bitcoins has really provide a unique features because it is an asset that can be considered as investment as well, buy holding your bitcoins you don't need a bank anymore to safe keep your coins as there is the wallet that is well secured in the blockchain and anytime you need to cash out you can make it easily and cash out in participating banks.
hero member
Activity: 700
Merit: 500
July 25, 2016, 09:41:11 AM
Believe me bitcoin is better than cash in the mean time because the value of cash in hand is steady not like bitcoin which has increasing value over time
yeah bitcoin is just unique and better then cash no doubt for that and its volatile price, liquidity, independency and anonymity level makes it more better to attract more user to it so they can say bitcoin is better then cash Wink
hero member
Activity: 553
Merit: 500
July 25, 2016, 09:19:35 AM
Believe me bitcoin is better than cash in the mean time because the value of cash in hand is steady not like bitcoin which has increasing value over time
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
July 25, 2016, 09:15:54 AM
I have internet for years, and only recently I earned bsome money for the first time. Tnx to bitcoins I have income every month, I can gamble with that money easily, I can buy something, or invest that coins in some service.
For me bitcoin is like cash, it opened a new world and possibilities for me and cause of that I would like to have more bitcoins then some other fiat.
For now people in modern countries have more places where to spend coins, but soon that will spread to whole world.
sr. member
Activity: 336
Merit: 250
July 25, 2016, 09:13:03 AM
After read above most people choosing bitcoin instead cash
I dont know why, but in real life i prefer use cash
I cant buy any kind of goods or foods in my country using bitcoin, still better using cash in here. Dont know about another country, but i think according to the reply i read, maybe there are already offline store that accept bitcoin in their country
full member
Activity: 223
Merit: 250
July 25, 2016, 09:03:13 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.

probably because you can earn a lot from it, like trade them to other currency or just keep them for long time and sell when their price is large
legendary
Activity: 3248
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
July 25, 2016, 08:06:44 AM
I have investment in bitcoin instead of cash in the bank that is because i see the potential of bitcoin to be good in the future and it will gives me a profit even in short term i think if i keep my bitcoin in long term it much better.

That is right. The potential of the bitcoin is much more than any other kind of fiat currency. It will rise against them.

The bitcoin price has risen in the last 7 years. I think if there is nothing big wrong with it, it will continue to rise.

That is one good reason to get it as sooner as we can. It just keep on rising and there will be more mined and a lot will be stocking some of it. Better have some before many have depleted it.
hero member
Activity: 2772
Merit: 645
No dream is too big and no dreamer is too small
July 25, 2016, 07:48:25 AM
I have investment in bitcoin instead of cash in the bank that is because i see the potential of bitcoin to be good in the future and it will gives me a profit even in short term i think if i keep my bitcoin in long term it much better.

That is right. The potential of the bitcoin is much more than any other kind of fiat currency. It will rise against them.

The bitcoin price has risen in the last 7 years. I think if there is nothing big wrong with it, it will continue to rise.
full member
Activity: 226
Merit: 100
July 20, 2016, 05:07:57 AM
I have investment in bitcoin instead of cash in the bank that is because i see the potential of bitcoin to be good in the future and it will gives me a profit even in short term i think if i keep my bitcoin in long term it much better.

That is right. The potential of the bitcoin is much more than any other kind of fiat currency. It will rise against them.
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