Author

Topic: Why have Bitcoin instead of cash? - page 143. (Read 246169 times)

sr. member
Activity: 406
Merit: 250
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.
hero member
Activity: 574
Merit: 500
June 23, 2016, 05:58:15 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.
hero member
Activity: 518
Merit: 500
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?
hero member
Activity: 924
Merit: 1000
June 22, 2016, 04:24:42 PM
I think that cash is not so good as bitcoin in safe case, but it better for using, it's so hard to spend bitcoins well online, cause many different shops still don't accept it.

At this stage we need both of them, you cannot rely only on bitcoin as still there not many places where you can spend it and for that you need physical cash.
sr. member
Activity: 434
Merit: 251
June 22, 2016, 02:35:58 PM
I think that cash is not so good as bitcoin in safe case, but it better for using, it's so hard to spend bitcoins well online, cause many different shops still don't accept it.
full member
Activity: 154
Merit: 100
June 22, 2016, 09:46:36 AM
i dont think you should try having all of the itcoins and nothing of the cash. Becasue you cant buy everything with coins you also need cashoffcourse.

yeah that is the best thing to do. For now, retailers or businesses dont accept bitcoin all over the world. Some do but not in our country there are just some though but it will be hard to find. So better get some cash first.
It's a foolish act to convert your cash to bitcoin because you have no funds to spend in your real life at all. Many people use bitcoin just for investment and convert it to cash once they profit and it is unnecessary if you do the other way around.
sr. member
Activity: 420
Merit: 250
June 22, 2016, 08:44:51 AM
Having bitcoins is far better than cash. You can't get restricted, you can pay worldwide, faster and sometims with great discounts and you're money is more and more valuable, at the inverse of cash where you constantly lose money.
so if you buy stuff use bitcoin isn't same like you lose money in cash, I mean in your real life you will use cash money for your life. it's same like you spend cash money for buy bitcoin but you can get profit from bitcoin.
The only reason I can think if why people would choose the Bitcoin for some cash is because the Bitcoin is becoming worth more money.
So you can make more money with it but I think that I would still choose cash.
That is also the only reason I can think of because I would not under stand why people want to spend some of there Bitcoins when they are getting harder to get.
And you can also make moeny with them so it is not smart to sell.
Being able to make money with the Bitcoin is a great thing and that is something that cash does not have.
If the price of the Bitcoin was stable forever then it would never be as popular as it is right now.
sr. member
Activity: 406
Merit: 250
June 22, 2016, 04:21:50 AM
Having bitcoins is far better than cash. You can't get restricted, you can pay worldwide, faster and sometims with great discounts and you're money is more and more valuable, at the inverse of cash where you constantly lose money.
so if you buy stuff use bitcoin isn't same like you lose money in cash, I mean in your real life you will use cash money for your life. it's same like you spend cash money for buy bitcoin but you can get profit from bitcoin.
The only reason I can think if why people would choose the Bitcoin for some cash is because the Bitcoin is becoming worth more money.
So you can make more money with it but I think that I would still choose cash.
That is also the only reason I can think of because I would not under stand why people want to spend some of there Bitcoins when they are getting harder to get.
And you can also make moeny with them so it is not smart to sell.
legendary
Activity: 2940
Merit: 1083
June 22, 2016, 02:54:54 AM
When you carry large amounts cash, you lose cash much easier than carrying the same amount in bitcoin.

That is the idea, and that is also why it is being judged as a currency to which will be used for transaction in trading guns, drugs and other bad stuff. It can provide sending a high amount of money and without tracing it. That is the idea of other people.
I think cash here also refers to our deposits in our bank accounts and that does not necessarily mean that all cash in hand. That is the basic definition of accounting, there is a cash on hand and cash in bank but all it belongs to cash.

Yeah and on bitcoin it is not said that it is cash yet. It got value but they would just care if a lot of coins is involved. What if it is sent little by little until it fills up the amount needed for payment to the illegal transaction? This is possible because it got lower transaction fee.
hero member
Activity: 756
Merit: 502
June 22, 2016, 02:31:44 AM
it's depending about who you are, if you are online bussiness, i think bitcoin is more important than cash.
because you can pay your bill faster than cash, it's more simple than cash.
legendary
Activity: 1092
Merit: 1000
https://trueflip.io/
June 22, 2016, 01:19:04 AM
When you carry large amounts cash, you lose cash much easier than carrying the same amount in bitcoin.

That is the idea, and that is also why it is being judged as a currency to which will be used for transaction in trading guns, drugs and other bad stuff. It can provide sending a high amount of money and without tracing it. That is the idea of other people.
I think cash here also refers to our deposits in our bank accounts and that does not necessarily mean that all cash in hand. That is the basic definition of accounting, there is a cash on hand and cash in bank but all it belongs to cash.
legendary
Activity: 2940
Merit: 1083
June 22, 2016, 12:43:03 AM
When you carry large amounts cash, you lose cash much easier than carrying the same amount in bitcoin.

That is the idea, and that is also why it is being judged as a currency to which will be used for transaction in trading guns, drugs and other bad stuff. It can provide sending a high amount of money and without tracing it. That is the idea of other people.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
June 22, 2016, 12:41:40 AM
I am not able to make a cash for now because i am just a student dont have a job and also i dont have enough time to apply for a job so thats the reason why i have bitcoin instead of cash because the only thing i can make with my spare time maybe i will go and have a work soon when i am too busy with my subjects .
me too and I pay almost all of my school fees from what I earn from bitcoin

well thats good but not the same with me bro , i am still depending on my parent because i haven't tried to use bitcoin as real currency and use it as a real payment method . i just started to use bitcoin last 3 months ago . so i don't have enough amount for now  Grin Grin
full member
Activity: 168
Merit: 100
June 22, 2016, 12:28:56 AM
We need this both, i have bitcoin as my investment and spending sometimes in online shopping and load my mobile phone and also i need cash for my daily needs.
sr. member
Activity: 364
Merit: 250
June 21, 2016, 10:50:01 PM
Its safer in my opinion and also the fact you can use it globally makes it in my opinion way better than other currency's.
You can also not lose it so that makes it also pretty good.
legendary
Activity: 1372
Merit: 1005
June 21, 2016, 10:41:39 PM
When you carry large amounts cash, you lose cash much easier than carrying the same amount in bitcoin.

Because Bitcoin is a digital centralized currency you can handle it easily, the transaction charges are less comparing to Cash, bitcoins transactions are fast and you don't have to declare you details. Bitcoin is just like gold, any thing can happen in future of bitcoin in regards of Price, it may boom like gold.
sr. member
Activity: 266
Merit: 251
June 21, 2016, 10:10:09 PM
When you carry large amounts cash, you lose cash much easier than carrying the same amount in bitcoin.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
June 21, 2016, 09:52:09 PM
Having bitcoins is far better than cash. You can't get restricted, you can pay worldwide, faster and sometims with great discounts and you're money is more and more valuable, at the inverse of cash where you constantly lose money.
so if you buy stuff use bitcoin isn't same like you lose money in cash, I mean in your real life you will use cash money for your life. it's same like you spend cash money for buy bitcoin but you can get profit from bitcoin.
The only reason I can think if why people would choose the Bitcoin for some cash is because the Bitcoin is becoming worth more money.
So you can make more money with it but I think that I would still choose cash.
If you are only looking for a good profit then you should choose bitcoins now at its early stage, when masses will adopt we cannot profit big anymore because the price will become stable and the main benefits will be experience by the community. This system is designed to fast track our online transactions with less transactions fees and not for investment only.
hero member
Activity: 546
Merit: 500
June 21, 2016, 09:03:36 AM
Having bitcoins is far better than cash. You can't get restricted, you can pay worldwide, faster and sometims with great discounts and you're money is more and more valuable, at the inverse of cash where you constantly lose money.
so if you buy stuff use bitcoin isn't same like you lose money in cash, I mean in your real life you will use cash money for your life. it's same like you spend cash money for buy bitcoin but you can get profit from bitcoin.
The only reason I can think if why people would choose the Bitcoin for some cash is because the Bitcoin is becoming worth more money.
So you can make more money with it but I think that I would still choose cash.
full member
Activity: 216
Merit: 101
June 21, 2016, 05:25:24 AM
I am not able to make a cash for now because i am just a student dont have a job and also i dont have enough time to apply for a job so thats the reason why i have bitcoin instead of cash because the only thing i can make with my spare time maybe i will go and have a work soon when i am too busy with my subjects .
me too and I pay almost all of my school fees from what I earn from bitcoin
Jump to: