Why have Bitcoin instead of cash? - page 142.

Ziskinberg

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Quote from: Zooplus on June 25, 2016, 03:35:19 AM

Quote from: ausbit on June 25, 2016, 02:34:31 AM

Quote from: ardentvolcanoes on June 23, 2016, 09:03:13 AM

i can make cash with bitcoin Grin

i only have bitcoin because i don't have a work and i am only a student so the only for me to have cash is to make and earn a bitcoin .

Not alone you but I am seeing a lot of students who cannot do a part time job because of short time or because of unemployment, so they are making a good amount of cash with bitcoin and with that they complete their expenditures.

With simply working with a micro task here in the community, students can earn even at a short time and that is good for them since they will start to learn and know bitcoins at a young age.

For me, the easiest way to earn money that would not waste your time is doing a signature campaign but even with a little pay you need to be more creative by investing your earning to earn profit.

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Quote from: ausbit on June 25, 2016, 02:34:31 AM

Quote from: ardentvolcanoes on June 23, 2016, 09:03:13 AM

i can make cash with bitcoin Grin

i only have bitcoin because i don't have a work and i am only a student so the only for me to have cash is to make and earn a bitcoin .

Not alone you but I am seeing a lot of students who cannot do a part time job because of short time or because of unemployment, so they are making a good amount of cash with bitcoin and with that they complete their expenditures.

With simply working with a micro task here in the community, students can earn even at a short time and that is good for them since they will start to learn and know bitcoins at a young age.

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Quote from: ardentvolcanoes on June 23, 2016, 09:03:13 AM

i can make cash with bitcoin Grin

i only have bitcoin because i don't have a work and i am only a student so the only for me to have cash is to make and earn a bitcoin .

Not alone you but I am seeing a lot of students who cannot do a part time job because of short time or because of unemployment, so they are making a good amount of cash with bitcoin and with that they complete their expenditures.

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Quote from: hermanhs09 on June 24, 2016, 06:27:57 PM

Quote from: Seansky on June 24, 2016, 06:40:28 AM

Well I rather have BTC instead of cash when paying because of 3 reasons. The first reason is that it is easier to pay with than cash. The second reason is that it is easier to carry with you if you always bring a phone. The third reason is that it's price fluctuates so I can just convert it to fiat when it pumps and when dump occurs I rebuy so its like having a good source of money to buy something with. I use an online bitcoin wallet that have the features to store fiat and btc simultaneously for that.

None of that makes any sense to me at all lol, you would rather have btc because it's easier to use? you have to wait 2 blocks for anything to fully confirm so that is not easier than cash at all.

It all depends on what you're trying to buy.

It definitely isn't easier for over-the-counter purchases to be performed through Bitcoin, however a lot of online exchanges are simplified when done through Bitcoin. It might take a while to confirm the transaction, but most online purchases take a while to go through anyways, so that doesn't matter.

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Quote from: Seansky on June 24, 2016, 06:40:28 AM

Well I rather have BTC instead of cash when paying because of 3 reasons. The first reason is that it is easier to pay with than cash. The second reason is that it is easier to carry with you if you always bring a phone. The third reason is that it's price fluctuates so I can just convert it to fiat when it pumps and when dump occurs I rebuy so its like having a good source of money to buy something with. I use an online bitcoin wallet that have the features to store fiat and btc simultaneously for that.

None of that makes any sense to me at all lol, you would rather have btc because it's easier to use? you have to wait 2 blocks for anything to fully confirm so that is not easier than cash at all.

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I rather have BTC instead of cash when paying because of 3 reasons. The first reason is that it is easier to pay with than cash. The second reason is that it is easier to carry with you if you always bring a phone. The third reason is that it's price fluctuates so I can just convert it to fiat when it pumps and when dump occurs I rebuy so its like having a good source of money to buy something with. I use an online bitcoin wallet that have the features to store fiat and btc simultaneously for that.

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Quote from: hermanhs09 on June 23, 2016, 05:58:15 AM

Quote from: Schuyler on June 23, 2016, 02:31:22 AM

If only there were more merchants accepting bitcoin, just like buses and trains, and fast food chains, then I wouldn't have to have cash in my wallet. Is it asking too much for more shops popping that accept bitcoin? Or are we just ahead of the common people by being early adopters?

Bitcoin instead of cash is not better or worse to be honest because major fluctuations in prices can really effect how you feel about having btc instead of cash due to losing/gaining big amounts of money

It is neither better nor worse so i wouldn't say you should have bitcoin over cash.

No one lose or gain bitcoin but only the fluctuations are bigger in it, just think a month before if a person bought a bitcoin then he should have spend about $550 to buy it then the price increased to $700 and now once again the price is at $580, that person may think that he lost a big amount of bitcoin but actually he did not lost anything.

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Quote from: elobizph on June 23, 2016, 11:06:47 PM

In reality many people are using cash for their daily needs. But people that know about bitcoin they use bitcoin more than cash. Because they know what the advantages are. There are people too that dont even know what Bitcoins is, and then they dont use it because they dont trust it.

Of course that is true, bitcoins users cannot beat the cash users in the world. This is for simple reason that maybe considered also in the future even if bitcoins will be more popular than today, cash is regulated by the government and bitcoins is not. However, with the potential value of bitcoins in the future, investors find it a good move to use bitcoins.

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In reality many people are using cash for their daily needs. But people that know about bitcoin they use bitcoin more than cash. Because they know what the advantages are. There are people too that dont even know what Bitcoins is, and then they dont use it because they dont trust it.

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Quote from: useless4 on June 23, 2016, 06:36:45 PM

Quote from: GamingBro on June 23, 2016, 11:58:05 AM

If i need to choose between bitcoin and cash, i am gonna choose cash cause it's simple and easy for me to spend, bitcoin in this case is not so good.

i agree with you that it is way easier to use cash but for me bitcoins are way better to be honest

i think that bitcoins are better than cash because it is just like an investment that will allow you earn money

For some people who are open minded and knows what the future bitcoins bring they will use bitcoins of course, cash is just for normal transaction and you will not use it as an investment while bitcoins offers not just investment but also savings, a savings where the value of your savings will generate more than the the interest the biggest bank can offer.

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Quote from: GamingBro on June 23, 2016, 11:58:05 AM

If i need to choose between bitcoin and cash, i am gonna choose cash cause it's simple and easy for me to spend, bitcoin in this case is not so good.

i agree with you that it is way easier to use cash but for me bitcoins are way better to be honest

i think that bitcoins are better than cash because it is just like an investment that will allow you earn money

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Quote from: torrentheaven on June 23, 2016, 03:38:21 PM

Quote from: rekinthis on June 23, 2016, 02:48:26 PM

Quote from: BTCfan97 on July 08, 2015, 01:10:49 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.

Well i can't agree about bitcoins being safier than monry in banks as i am sure that banks have better security than bitcoin wallets actually

But i think that it is better to have bitcoins instead of money because you will have more of them after halving and other price rises

Agreed, banks are the safest financial institution that we have and people trust them blindly as they are aware if anything goes wrong with their money, banks will help them in recovering it.

You most likely will get a return out of the btc too, i do prefer having USD rather than BTC though because i can use usd a lot more than BTC at any store i go to i can almost just use USD

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Quote from: rekinthis on June 23, 2016, 02:48:26 PM

Quote from: BTCfan97 on July 08, 2015, 01:10:49 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.

Well i can't agree about bitcoins being safier than monry in banks as i am sure that banks have better security than bitcoin wallets actually

But i think that it is better to have bitcoins instead of money because you will have more of them after halving and other price rises

Agreed, banks are the safest financial institution that we have and people trust them blindly as they are aware if anything goes wrong with their money, banks will help them in recovering it.

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Quote from: BTCfan97 on July 08, 2015, 01:10:49 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.

Well i can't agree about bitcoins being safier than monry in banks as i am sure that banks have better security than bitcoin wallets actually

But i think that it is better to have bitcoins instead of money because you will have more of them after halving and other price rises

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If i need to choose between bitcoin and cash, i am gonna choose cash cause it's simple and easy for me to spend, bitcoin in this case is not so good.

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Quote from: sobsitesearch on June 23, 2016, 08:13:37 AM

We need both of them, we need cash for our daily needs and for the emergency cases and also we need bitcoin for our investment to earn not only in our job we earn possive money.

Yeah, we need both. I will say that we need cash for our national and local use while we need bitcoin for our international use and for other transactions which are of high cost with banks etc.

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Quote from: BitcoinPC on June 23, 2016, 10:16:38 AM

Quote from: Schuyler on June 23, 2016, 02:31:22 AM

If only there were more merchants accepting bitcoin, just like buses and trains, and fast food chains, then I wouldn't have to have cash in my wallet. Is it asking too much for more shops popping that accept bitcoin? Or are we just ahead of the common people by being early adopters?

We need to have bitcoins debit card to be used at buses , trains, or fast food chains or else how will you pay at buses / train etc as you dont remember the bitcoin wallet address by heart ? So in my view you need to have cash with you for day to day purchases. Bitcoin can only be used online mostly.

Well I hope soon we see buses, trains and other things being payable thru digital. Like you just open your phone and send a transaction to specific wallet and transaction is already made.

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Quote from: Schuyler on June 23, 2016, 02:31:22 AM

If only there were more merchants accepting bitcoin, just like buses and trains, and fast food chains, then I wouldn't have to have cash in my wallet. Is it asking too much for more shops popping that accept bitcoin? Or are we just ahead of the common people by being early adopters?

We need to have bitcoins debit card to be used at buses , trains, or fast food chains or else how will you pay at buses / train etc as you dont remember the bitcoin wallet address by heart ? So in my view you need to have cash with you for day to day purchases. Bitcoin can only be used online mostly.

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Quote from: sobsitesearch on June 23, 2016, 08:13:37 AM

We need both of them, we need cash for our daily needs and for the emergency cases and also we need bitcoin for our investment to earn not only in our job we earn possive money.

Actually bitcoins is for passive income, we invest now and even if the price will react unexpectedly but in the end as long as we believe in bitcoins we are hoping that the price will rise to benefit us holders of bitcoins.

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i can make cash with bitcoin Grin

i only have bitcoin because i don't have a work and i am only a student so the only for me to have cash is to make and earn a bitcoin .

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