Why have Bitcoin instead of cash? - page 136.

goinmerry

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Quote from: Maslate on July 12, 2016, 11:22:18 PM

Quote from: 23dzmaz on July 12, 2016, 10:29:49 PM

Well, i have both bitcoin and cash. I have cash because i always use it for my daily things and i have bitcoin because it's more worth when you are not use your cash (idle cash).

Bitcoin for me is more like an investment because I earn profit using it and the profit I earn will be converted in to cash to buy some stuffs to pay off my hard work.

Great. Many of us just idle it in their wallets. But you as one of the user will have a good impact in it. Using it also for smartphone loads and gaming. Gamers buy in me now for they know I am a trusted seller.

TheGodFather

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For me. Cash is much better than Bitcoin. Because you know that your cash is in your pocket. Meaning you know that you own it. You know that you cannot scammed if you know what you are doing. Cash is the universal bridge of all the other currencies and also other cryptocurrencies. But the only cons for cash is the price is stable. While the Bitcoins may vary the price. Bitcoin is also universal. But not as much as cash because other people dont know what cryptocurrency is. Thats why I prefer cash rather than BTC.

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Quote from: Bestwishes745 on July 13, 2016, 01:12:14 PM

Quote from: valta4065 on July 12, 2016, 09:38:01 PM

Why having a credit card instead of cash?

It's the same for coins. It's not heavy, you can't get it stolen easily, it's much more practical.
It's all we need =)

But nowadays people have bitcoin instead of credit cards also, because they want a currency which is completely in their control, and in credit they still have their money under the control of governments in their bank accounts.

There are multiple advantages in bitcoin, There are safer than Creditcards and Debitcards and more convenient and easier to use than PayPal etc... ones you get used to it you find it relatively easy, also the lower fees are a big advantage as I know to have bitcoin for cash.

PokerFace3

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Quote from: mishra1994u on July 11, 2016, 07:11:25 AM

i would prefer cash actually instead of bitcoin..yes but having bitcoin as some advantages that we can pay online like mobile recharges using bitrefill and i also use them for gambling..but later i convert them to fiat when i have enough of them...so i would prefer cash

Cash are today in power because still many people are unaware of btc and many have misconceptions. But in the future btc will surely rise to power and replace cash. This is how paper money started to replace trade in gold and other valuables. But unlike cash btc won't profit banks or government , it will entirely be people's money.

PokerFace3

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Bitcoins are for this new technological world. It is the virtual currency. Many people are not sure about bitcoins as they feel that bitcoins are not real. But These people haven't realized it's value yet. Bitcoins are very secure, private, fast and the bitcoin system in decentralized. These are huge plus points that it is better to have bitcoins than cash.

Bestwishes745

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Quote from: valta4065 on July 12, 2016, 09:38:01 PM

Why having a credit card instead of cash?

It's the same for coins. It's not heavy, you can't get it stolen easily, it's much more practical.
It's all we need =)

But nowadays people have bitcoin instead of credit cards also, because they want a currency which is completely in their control, and in credit they still have their money under the control of governments in their bank accounts.

chaser15

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Quote from: Batelk on July 13, 2016, 11:48:26 AM

Quote from: goinmerry on July 13, 2016, 10:06:52 AM

Quote from: elyas772 on July 13, 2016, 05:30:36 AM

because we can use bitcoin as cash, and we can send our bitcoin very simple, and we can withdraw our bitcoin instanly...

Bitcoin as cash is the hard part. Still retail store have not accepted bitcoin as a means of paying up their items. But I would really love to see it in the future. Many have opened but not one in our side of the world. Grin

I can only computer parts in an online store which accpets bitcoin. It would be better if Amazon accepts it.

Why wait for Amazon to accepts bitcoin even that is not their priority? There are third party services that you can use so you can purchase at Amazon with the use of your bitcoin.

Just explore some of it and see if it's available in your country. If it doesn't available in your country then I will contradict my first statement lol.

Batelk

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Quote from: goinmerry on July 13, 2016, 10:06:52 AM

Quote from: elyas772 on July 13, 2016, 05:30:36 AM

because we can use bitcoin as cash, and we can send our bitcoin very simple, and we can withdraw our bitcoin instanly...

Bitcoin as cash is the hard part. Still retail store have not accepted bitcoin as a means of paying up their items. But I would really love to see it in the future. Many have opened but not one in our side of the world. Grin

I can only computer parts in an online store which accpets bitcoin. It would be better if Amazon accepts it.

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Quote from: valta4065 on July 13, 2016, 05:23:39 AM

Oh and another good argument in favor of btc is that btc is up, whereas most currencies are unstable and in deflation of value ^^

Disagree. Are you sure about this? What currency are you tal

Bitcoin has unstable price and deflation of it is possible compare to other currency. Because most people uses bitcoin in investment, there will be no stable price. That's the factor why traders earned from doing trades.

Can you tell me any fiat currency that has unstable price you are talking to if ever you are talking about fiat currency?

goinmerry

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Quote from: elyas772 on July 13, 2016, 05:30:36 AM

because we can use bitcoin as cash, and we can send our bitcoin very simple, and we can withdraw our bitcoin instanly...

Bitcoin as cash is the hard part. Still retail store have not accepted bitcoin as a means of paying up their items. But I would really love to see it in the future. Many have opened but not one in our side of the world. Grin

FLoving

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Quote from: valta4065 on July 12, 2016, 09:38:01 PM

Why having a credit card instead of cash?

It's the same for coins. It's not heavy, you can't get it stolen easily, it's much more practical.
It's all we need =)

But still there are a lot of other features which attract people more towards itself than credit cards, and still there are a lot of problems with credit cards and debit cards but in bitcoin I am seeing no any problem

elyas772

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because we can use bitcoin as cash, and we can send our bitcoin very simple, and we can withdraw our bitcoin instanly...

valta4065

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Oh and another good argument in favor of btc is that btc is up, whereas most currencies are unstable and in deflation of value ^^

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Quote from: groll on July 12, 2016, 09:10:29 PM

Quote from: BTCfan97 on July 08, 2015, 02:10:49 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.

6] There are many online jobs that pays bitcoins. Its hard to find high paying online jobs that pays in cash. But bitcoin online jobs offers many extra income opportunities.

This is the main reason why I love bitcoins, though I love cash also, but bitcoin can give me job opportunities and i can do many things with bitcoin just by facing my computer and mobile phone. FOrtunately I am earning today which helps me financially.

it is true that Bitcoin is having more security and the transactions fees is also very low and using bitcoins for gambling or adult sites , dont have to disclose you identity and you can enjoy this services. and more from this site you can earn free bitcoins by doing small jobs for bitcoin payment and lot of opportunities are their for earning online through bitcoins.

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Quote from: sobsitesearch on July 13, 2016, 03:56:40 AM

I have bitcoin to send money to my relatives and i like to used this because the fee is lower than the other remittance center but i have cash for my daily expenses.

You picked the right choice to send your money. Been doing it from the past thru Western Union. And I tell you my friend bitcoin got a really low transaction fee. The good thing is you can send more which should have been just a payment for sending.

bitlancr

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Quote from: Stn on July 08, 2015, 03:18:20 AM

Quote from: BTCfan97 on July 08, 2015, 02:10:49 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.

The friend is strange. If you would pay with credit card he also will be surprised? With the card transaction technically you also don't leave anything tangible in the shop. No principal difference.

Most people would choose Bitcoin over cash just because of the fact that you can make more money with Bitcoin because you can use it as an investment.
Cash is handier but more money is always better so I would also go with Bitcoin.

sobsitesearch

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I have bitcoin to send money to my relatives and i like to used this because the fee is lower than the other remittance center but i have cash for my daily expenses.

patronis

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Quote from: HarryKPeters on July 10, 2016, 11:48:31 AM

Quote from: betohell on July 10, 2016, 10:26:21 AM

Quote from: bitcoinisfurture on July 08, 2016, 06:57:00 AM

The main reason is that bitcoin is fast like if you want to send money to your family you wont have to go to a bank and wait 3-5 days .

yeah with the bitcoin digital form will be more flexible than paper money or cash. so bitcoin was made for the currency in the future. so in digital form instead of cash

Sending money with bitcoin is faster and cheaper. Banks have been overcharging us for centuries. The only thing we need now is a better way to pay/receive interest and the banks will have nothing to stand on.

A system that pays to invest in, much like a bank, would indeed help with moving away from our currently system but then the issue would be that the public doesn't trust new technology based things in a heartbeat. The older half of the public would definitely would actively look for flaws but not admit the current system has more flaws, digging their heels into the dirt in an attempt to stop/slow the progress of technology.
"We've always used this system, its worked for xxx years so why do we need to change it now?"

Xester

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Quote from: BTCfan97 on July 08, 2015, 02:10:49 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.

I agree with number 2 that says bitcoins are a potential investment. I also like number 3 which says fast, worldwide transactions at my fingertips. But I have my own personal reasons why I prefer bitcoins than cash. THe very reason is that in the real world with cash it is hard to find extra income opportunities, if there are you need higher capital. But with bitcoins there are many sites like faucets that gives you free and you can make it grow using gambling sites.

Maslate

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Quote from: 23dzmaz on July 12, 2016, 10:29:49 PM

Well, i have both bitcoin and cash. I have cash because i always use it for my daily things and i have bitcoin because it's more worth when you are not use your cash (idle cash).

Bitcoin for me is more like an investment because I earn profit using it and the profit I earn will be converted in to cash to buy some stuffs to pay off my hard work.

Topic: Why have Bitcoin instead of cash? - page 136. (Read 246148 times)