Topic: Why have Bitcoin instead of cash? - page 149. (Read 246148 times)
I think Bitcoin is more guaranteed than money, because it is not controlled by any government. In 1990 in my country (Brazil) the government seized all bank accounts including applications. It was chaos. Despair. If there were the bitcoins at that time and if someone had bitcoins, that person would be calm.
Bitcoin will give you evryday profit as long as the price is increasing, the higher the bitcoin price the higher profit as long you will not exchange your btc into fiat. Cash will only give you profit when you bank it.
It is a good way to earn money. For I cant use it that fast. I need to cash it out in a bank first before I can get it. So laziness is the key. Too lazy to withdraw it. So better put my excess money in bitcoin investment then let it gain something.
why have bitcoin instead of cash. I dont think i can take this serious and thats only because there are to many people who thinks bitcoins are just for fun but they are worth real cash do dont think coins are worthless because the dont.
Cash can lose its value real fast, want an example (check the ruble after Russia was hitted by US and EU sanctions, the ruble fell directly with 40% of that value so it means less money for the same amount). While it can be also the case with bitcoin the truth is we have not seen anything like that since January 2015 so I think based on these statistics bitcoin price have more potential to go up rather than down. There a lot of other advantages of bitcoin, which is withdrawing easily to cash when price goes up, fast and worldwide transactions, can buy many digital goods without exposing even your email address. The list can go on and on but these are the main ones.
You can already see now that Bitcoin will be the future payment method and that more people will get to know about it so that is really nice but of course it have to be more used.
And more people must get to know about it so it will be more used and Bitcoin is also faster and much safer than cash.
And more people must get to know about it so it will be more used and Bitcoin is also faster and much safer than cash.
I would rather have both of them than having only 1 of the two. I can live with only cash in my hands and no question about it, but it's much better if I put or set aside a certain amount of money to Bitcoins and wait till it reaches a rate where I am comfortable of turning it back to fiat. I cant live by Bitcoins alone. Not much Bitcoin merchants in my country.
I dont think people just want coins instead of their cash. that is only because of the things you can pay with bitcoins you cant buy or pay everything with coins and you can with cash.
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.
people are always saying bitcoins would be the future blabla. But what would be a future with coins that has a value of gold but gold is not there anymore. exactly there will be no coins only gold means everything. "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.
Bitcoins can be transferred anywhere but if you want faster in-person transaction, nothing beats cash.
I also think that cash still beats Bitcoin even tho you can make money with Bitcoin. With cash you can pay at every store and it gives you a feeling that you really have money. I have bitcoin instead of cash because bitcoin still possible to increase the value in the future..
So i wlll stay in bitcoin waiting for block halving to make more profit and convert it in cash after huge increase of bitcoin,.
Good idea, with bitcoins our money has a good potential to grow, all we need to do is to hold it for long and be patient before releasing it for a huge return of investment. So i wlll stay in bitcoin waiting for block halving to make more profit and convert it in cash after huge increase of bitcoin,.
Its better to have a little cash on your hand, and not all bitcoin. Here in our country its hard to cash out your bitcoin. You should put it first in the bank before you cash out
I have bitcoin instead of cash because bitcoin still possible to increase the value in the future..
So i wlll stay in bitcoin waiting for block halving to make more profit and convert it in cash after huge increase of bitcoin,.
So i wlll stay in bitcoin waiting for block halving to make more profit and convert it in cash after huge increase of bitcoin,.
Because bitcoin is much more easy to use than cash. You can easily send and receive bitcoin from someone even if he/she is far from you. Bitcoin's value is increasing every year. Bitcoin can't be stolen easily by someone. You can just pay something with your bitcoin wallet provider like credit card bill, electric bill, etc. without going to their centers.
because cash value will drop
but bitcoin value will increase
but bitcoin value will increase
That's it.
Fiat currencies always lose purchasing power due to inflation.
Bitcoin's inflation however is going to be reduced every four years when block reward gets cut in half and less new coins will enter the market on a daily basis.That's why Bitcoin will rise in value if adoption and usage keeps on growing.
I would choose Bitcoin instead of cash because the value of the Bitcoin always go up which can earn you in the end more money. So more Bitcoins in the end means more cash you just have to sell them.
Yes all the advantages of bitcoin will emphasise one person to have bitcoin instead of cash or even gold.When I was working in PTC sites, I find having money in electronic format is more useful than having paper money. But now I have changed my mind from electronic format to crypto currencies.
Yeah im using ptc back then to but i really find it not profitable because it gives me really low money and not worth for my time wasting to that site and when i use bitcoin i really find it then that ny this coin i earn side money and it very usefull for mw because i habe side income that i can earn online, and thats why i prefered bitcoin for now instead of cash in terms of investment.
I would choose Bitcoin instead of cash because the value of the Bitcoin always go up which can earn you in the end more money. So more Bitcoins in the end means more cash you just have to sell them.
Yes all the advantages of bitcoin will emphasise one person to have bitcoin instead of cash or even gold.When I was working in PTC sites, I find having money in electronic format is more useful than having paper money. But now I have changed my mind from electronic format to crypto currencies.
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 would add one more thang. Is that when u have some amount of bitcoin in your wallet - you can withdraw it on your card easily. "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 would choose Bitcoin instead of cash because the value of the Bitcoin always go up which can earn you in the end more money. So more Bitcoins in the end means more cash you just have to sell them.
Why I have bitcoin instead of cash is because its easier and also more trust able if you ask me.
Plus you cannot also not lose it and its everywhere accessible.
Plus you cannot also not lose it and its everywhere accessible.
Jump to: