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Topic: Why have Bitcoin instead of cash? - page 154. (Read 246169 times)

legendary
Activity: 2940
Merit: 1083
April 14, 2016, 12:07:11 AM
There is a lot of difference there. Bitcoin stays online and no one can steal it except you have been hack and that would be nearly impossible except you are really careless or someone is making a fool out of you.

Your cash is in your pocket or in your wallet. It can be stolen anytime specially in a country where there is so much crime just like mine.
hero member
Activity: 518
Merit: 500
April 13, 2016, 11:36:12 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.
sr. member
Activity: 245
Merit: 250
April 13, 2016, 10:59:19 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.

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
member
Activity: 112
Merit: 10
April 13, 2016, 09:32:12 PM
Because with Bitcoin it is an investment and it gives you the opportunity to make more money with it and you cannot do that with just cash. And with cash you cannot pay online. 

There is really a lot of investment that we can do with bitcoin and its easy to make money with it,cash is good for offline use only and bitcoin is for online use.
sr. member
Activity: 378
Merit: 251
April 13, 2016, 07:23:42 PM
Your advatages are good but with cash you can pay anywere witout any problem. Also with cash you can be sure that you money with you and they will not dissapere.
sr. member
Activity: 350
Merit: 250
April 13, 2016, 09:12:52 AM
Because with Bitcoin it is an investment and it gives you the opportunity to make more money with it and you cannot do that with just cash. And with cash you cannot pay online. 
hero member
Activity: 770
Merit: 500
Forza Roma
April 12, 2016, 07:58:37 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.
newbie
Activity: 55
Merit: 0
April 12, 2016, 06:40:14 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.
sr. member
Activity: 490
Merit: 250
April 12, 2016, 06:29:55 AM
Bitcoin is easy to use and more secure. I can use it if I want to buy something online, and it can be use for investment or trading.
You can bring a lot of money without any worries to be robbed.
sr. member
Activity: 420
Merit: 250
April 12, 2016, 06:13:11 AM
Because bitcoin is more flexible and we don't need to bring physical unit fiat to buying or paying something. And with bitcoin you can do it all with online and no need to go outsite to do that.
sr. member
Activity: 350
Merit: 251
Shit, did I leave the stove on?
April 12, 2016, 05:25:12 AM
What's stopping people from using both Bitcoin and cash depending on the circumstances? I for one would like to use whichever is the most optimal for the task at hand. Say you need to travel abroad and decide not to bring cash with you and there people on Localbitcoins will try to rip you off by offering crazy rates for your coins, couldn't it be better to use cash instead? Or you need to send money abroad but don't want to pay more fees via a bank transfer then you will send Bitcoins.
legendary
Activity: 812
Merit: 1000
April 12, 2016, 05:17:55 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 all your statements but would also throw in:
1. We've been using plastic as currency for quite some time, not cash, why do you find it different?
2. This has become even easier with chip & pin and now contactless payment/applepay. Can you see the way the world is moving.
3. We need to move towards a future, whatever that is it involves some variant of digital currency as so many companies are using blockchain technology. This way I'm on the curve instead of lagging behind.
hero member
Activity: 644
Merit: 500
March 25, 2016, 10:03:47 PM
because cash value is always decreasing a year after a year . while bitcoin has a ups and down movements in prices. So why not taking the risk with the possibility of making profit by time

It's normal that cash value to depreciate, even if you save your money into bitcoin, you could still feel that...Bitcoin to buy things, you still need to convert it to fiat, definitely there is a payment on the exchange sites, while cash is as ease...The thing is, you will buy on physical stores and the price is based on fiat..

Nope its not like that. It is really fast When you pay a cheque from another bank into your bank, the bank will often hold that money for several days, because it can’t trust that the funds are really available, unlike today transactions are pending for 2 to 7 days for confirmation.
No government can take it away from me , if i use it wisely they cant even track me...
hero member
Activity: 2310
Merit: 532
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
March 25, 2016, 09:56:13 PM
because cash value is always decreasing a year after a year . while bitcoin has a ups and down movements in prices. So why not taking the risk with the possibility of making profit by time
Lol I didn't know you got this news from anywhere? I think the paper money or cash is not reduced each year. the bank will not reduce the amount of paper money. except only for renewal

Well the paper Money value is not decreasing, it has a standard value. As it has got digital form carrying of physical cash is not required only internet access is enough to use it.
hero member
Activity: 518
Merit: 500
March 25, 2016, 04:16:06 AM
because cash value is always decreasing a year after a year . while bitcoin has a ups and down movements in prices. So why not taking the risk with the possibility of making profit by time
Lol I didn't know you got this news from anywhere? I think the paper money or cash is not reduced each year. the bank will not reduce the amount of paper money. except only for renewal
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
March 25, 2016, 03:13:19 AM
because cash value is always decreasing a year after a year . while bitcoin has a ups and down movements in prices. So why not taking the risk with the possibility of making profit by time

It's normal that cash value to depreciate, even if you save your money into bitcoin, you could still feel that...Bitcoin to buy things, you still need to convert it to fiat, definitely there is a payment on the exchange sites, while cash is as ease...The thing is, you will buy on physical stores and the price is based on fiat..
newbie
Activity: 42
Merit: 0
March 25, 2016, 01:55:05 AM
because cash value is always decreasing a year after a year . while bitcoin has a ups and down movements in prices. So why not taking the risk with the possibility of making profit by time

For me It is same concept like why using debit card and not using cash.. It absolutely will get more safety if we didn't get a lot cash money when walking around the street.
And with btc you can do more transaction in a minute than transaction with cash...

Its really dangerous to walk on the street with a lot of money by your hands thats what makes bitcoin more easy to use compared to having a lot of money in your pocket where everyone can see.
hero member
Activity: 644
Merit: 500
March 25, 2016, 12:42:24 AM
because cash value is always decreasing a year after a year . while bitcoin has a ups and down movements in prices. So why not taking the risk with the possibility of making profit by time

For me It is same concept like why using debit card and not using cash.. It absolutely will get more safety if we didn't get a lot cash money when walking around the street.
And with btc you can do more transaction in a minute than transaction with cash...
member
Activity: 112
Merit: 10
March 24, 2016, 11:50:05 PM
because cash value is always decreasing a year after a year . while bitcoin has a ups and down movements in prices. So why not taking the risk with the possibility of making profit by time


The cash value depends on what country you are in,as it is depends on how strong the economy is while in bitcoin it has some advantage over cash like the fees when you want to transfer money from around the world.
hero member
Activity: 574
Merit: 500
March 24, 2016, 05:11:44 PM
because cash value is always decreasing a year after a year . while bitcoin has a ups and down movements in prices. So why not taking the risk with the possibility of making profit by time
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