Why have Bitcoin instead of cash? - page 146.

clickerz

hero member

Activity: 1414

Merit: 505

Backed.Finance

Quote from: Ardenyham on June 15, 2016, 10:16:20 AM

Quote from: Lokfar on June 13, 2016, 11:05:58 AM

Bitcoin will be the future money and that is because the world is also getting more digital and that is perfect for the currency itself because it will be also more used.
But it is hard to know what is going to happen with Bitcoin itself and there are also still a lot of people that is using some cash.

Almost everyone using cash. and peoples who are using bitcoin they are also using cash. because bitcoin has not that much usable in economy.. but having bitcoin instead of cash still have some benefit and positive things.
like:
1: bitcoin is a investment itself you just need to collect it and hold it for future and it will give you profite.

2: bitcoin can be more secured then cash. you can control your bitcoin yourself and don't need a banks help.

3: Transaction is very easy, you can send and receive bitcoin to/from everywhere in the world in just few seconds.

And I may add that bitcoin is handy in dealing transaction online. Especially in buying digital goods. Besides the charge is cheaper compared to other currency.

sobsitesearch

sr. member

Activity: 406

Merit: 250

Quote from: Sled on June 15, 2016, 10:37:59 PM

Because i want to make some profit by choosing instead of cash because now the bitcoin halving event is coming so many of my friends told me that it's better to hold bitcoin than cash.

Theres a profit in bitcoin thats why i have this but also i have cash for my daily used. Bitcoin is my one way to have cash i have investment on it because i see the potential of bitcoin in the future.

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

Because i want to make some profit by choosing instead of cash because now the bitcoin halving event is coming so many of my friends told me that it's better to hold bitcoin than cash.

co5hike

hero member

Activity: 798

Merit: 1000

Bitcoin is an currency and also an investment, if you save your money in fiat then it will not grow over a period of time, but if you save money in bitcoin it can take your savings to higher level.

Ardenyham

legendary

Activity: 980

Merit: 1000

Don't Hesitate to Tip me for My Helps and Guides.

Quote from: Lokfar on June 13, 2016, 11:05:58 AM

Bitcoin will be the future money and that is because the world is also getting more digital and that is perfect for the currency itself because it will be also more used.
But it is hard to know what is going to happen with Bitcoin itself and there are also still a lot of people that is using some cash.

Almost everyone using cash. and peoples who are using bitcoin they are also using cash. because bitcoin has not that much usable in economy.. but having bitcoin instead of cash still have some benefit and positive things.
like:
1: bitcoin is a investment itself you just need to collect it and hold it for future and it will give you profite.

2: bitcoin can be more secured then cash. you can control your bitcoin yourself and don't need a banks help.

3: Transaction is very easy, you can send and receive bitcoin to/from everywhere in the world in just few seconds.

jamesl22

sr. member

Activity: 392

Merit: 250

Quote from: MaxTax on June 15, 2016, 07:43:26 AM

Quote from: Hatuferu on June 14, 2016, 10:47:56 PM

Quote from: iv4n on June 14, 2016, 10:49:18 AM

Why? Cause it's better to support decentralized currency, then some other already corrupted currency. Also many things are easier with btc, especially when we talk about gambling or online trading. Fee's are still small, and I hope they will stay like that.

We need to recognize good thing, to support and follow it. I see that btc can have nice future, if things continue to develop in good direction for bitcoin its just a matter of time before we see bitcoin accented worldwide.

Well, BTC has a lot of benefits in online transactions, right now we can use the most benefits if we are a gamblers as due to bitcoins the gambling industry has continue to grow, hopefully in the near future large merchants will adopt also to increase the users of bitcoins that would be good for us.

I think that Bitcoin will be the future money I think and that is also because it will be more used and that is nice for the currency itself so that is really nice.
But it will be also safer later and that is nice for the people because they can feel safer on the streets because they cant be robbed.

You can carry huge number of coins in your digital wallet and no one would be aware about it, physical cash involves risk of getting stolen or robbed.

MaxTax

sr. member

Activity: 322

Merit: 250

Quote from: Hatuferu on June 14, 2016, 10:47:56 PM

Quote from: iv4n on June 14, 2016, 10:49:18 AM

Why? Cause it's better to support decentralized currency, then some other already corrupted currency. Also many things are easier with btc, especially when we talk about gambling or online trading. Fee's are still small, and I hope they will stay like that.

We need to recognize good thing, to support and follow it. I see that btc can have nice future, if things continue to develop in good direction for bitcoin its just a matter of time before we see bitcoin accented worldwide.

Well, BTC has a lot of benefits in online transactions, right now we can use the most benefits if we are a gamblers as due to bitcoins the gambling industry has continue to grow, hopefully in the near future large merchants will adopt also to increase the users of bitcoins that would be good for us.

I think that Bitcoin will be the future money I think and that is also because it will be more used and that is nice for the currency itself so that is really nice.
But it will be also safer later and that is nice for the people because they can feel safer on the streets because they cant be robbed.

praprata

sr. member

Activity: 420

Merit: 250

Quote from: draceus on April 13, 2016, 11:59:19 PM

Quote from: Zaun on April 12, 2016, 08:58:37 AM

Quote from: Skjöld on April 12, 2016, 07:40:14 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.

Indeed, its way better because of all these facts, you can also net get robbed at all plus its also very fast compared with other currency's.
Plus another fact is that you cannot lose it because its safe in your wallet.

yeah I agree with you friend bitcoin is power full currency because when you have money that is not good for you what time what happen your life you don,t know but when you have some bitcoin that is good for your future

But there is a change that someone will hack you and get all your coins I find it better to have cash then just Bitcoins. You cannot even use them everywhere.

Cyaren

sr. member

Activity: 294

Merit: 250

Well, because some people prefer to have a currency that they can trust instead of a currency that no one trusts anymore and is only controlled by the people of the government.

Bitcoin is decentralized, which is a huge advantage over cash.

ObscureBean

legendary

Activity: 1148

Merit: 1000

At this point for me, it's really just for speculation. I do buy stuff quite often using Bitcoin but that's more because I already have the Bitcoin. I wouldn't, for example, change Dollar into Bitcoin just to buy stuff. Of course as Bitcoin becomes more stable and widely accepted, my stance will change accordingly.

Doms

hero member

Activity: 714

Merit: 500

Still better to have both cash and bitcoin. I'm loving bitcoin more as an investment than a currency, that is at the moment with the price continuously rising and more people buying into it. Cash is still my primary currency, whether it is to my liking or not. Someday I hope to have a great balance between cash and bitcoin where bitcoin could be used as easily as cash just about anywhere.

Winoc

member

Activity: 98

Merit: 10

Bitcoin has lots of benefits over real cash..You can grow your money just by holding and selling your coins at the right time but it is not possible with real cash..Bitcoin is spendable within one click so it is the fastest way of transacting money..Interesting thing is slowly slowly the world is acquiring knowledge about bitcoin and its potential..Hopefully bitcoin could lead all the currencies soon..

Hatuferu

legendary

Activity: 1092

Merit: 1000

https://trueflip.io/

Quote from: iv4n on June 14, 2016, 10:49:18 AM

Why? Cause it's better to support decentralized currency, then some other already corrupted currency. Also many things are easier with btc, especially when we talk about gambling or online trading. Fee's are still small, and I hope they will stay like that.

We need to recognize good thing, to support and follow it. I see that btc can have nice future, if things continue to develop in good direction for bitcoin its just a matter of time before we see bitcoin accented worldwide.

Well, BTC has a lot of benefits in online transactions, right now we can use the most benefits if we are a gamblers as due to bitcoins the gambling industry has continue to grow, hopefully in the near future large merchants will adopt also to increase the users of bitcoins that would be good for us.

iv4n

legendary

Activity: 3248

Merit: 1179

Why? Cause it's better to support decentralized currency, then some other already corrupted currency. Also many things are easier with btc, especially when we talk about gambling or online trading. Fee's are still small, and I hope they will stay like that.

We need to recognize good thing, to support and follow it. I see that btc can have nice future, if things continue to develop in good direction for bitcoin its just a matter of time before we see bitcoin accented worldwide.

praprata

sr. member

Activity: 420

Merit: 250

Quote from: Greenenergy on February 06, 2016, 06:52:17 AM

Really good points. I'd add that you don't have any restriction considering the amount you can pay, because in some countries, you can't pay more than 1000€ in cash.

The reason why people would consider to take the Bitcoin instead of cash is because you can make more money with it and that is really the only thing I can think of.

useless4

sr. member

Activity: 389

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

i would definitely have only bitcoins instead of cash because bitcoins are not regulated and you can do whatever you want with it

torrentheaven

hero member

Activity: 952

Merit: 1000

Quote from: ning_chang on June 14, 2016, 09:59:55 AM

Bitcoin is better than cash, Bitcoin price is still rising right now so its better to have bitcoin instead of cash, After the bitcoin you can convert it to cash, you gain a profit from it so its easy

That's true and if you save your money in bitcoin then it will not get affected by inflation rate, as price keeps on growing it will take best care of inflation in future too.

Piltover

sr. member

Activity: 364

Merit: 250

People is using Bitcoin becasue they want to earn profit with the currency later in the future and that can be nice if they have the patience for it and sell it on the right moment when the value is quite high.
Some people are using Bitcoin because they want to use a new payment method and that is nice because you also can see now that it is also becoming more acceptable and that is really nice for the Bitcoin itself.

ning_chang

full member

Activity: 210

Merit: 100

Bitcoin is better than cash, Bitcoin price is still rising right now so its better to have bitcoin instead of cash, After the bitcoin you can convert it to cash, you gain a profit from it so its easy

lienfaye

hero member

Activity: 3010

Merit: 629

Because bitcoin can be use anywhere in the world unlike cash if you're going to another country, you have to exchange it in order to use. and transferring bitcoins costs just a few pennies and you can send as much value as you want.

Topic: Why have Bitcoin instead of cash? - page 146. (Read 246148 times)