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Topic: Why have Bitcoin instead of cash? - page 156. (Read 246148 times)

hero member
Activity: 658
Merit: 500
March 20, 2016, 02:20:23 AM
For me it has more chances to earn online on internet rather than in any other currency, and the other thing is that it is a payment system which is available all over the world not like sucking paypal
member
Activity: 112
Merit: 10
March 20, 2016, 12:47:01 AM
Bitcoin is safer than my cash which can easily be stolen as well as fraud cannot be comitted
As long as you have a wallet that is stored offline and is basically inaccessible, then I would agree your Bitcoin is safe. Anywhere else, and I would seriously doubt the safety of your Bitcoin.

Indeed. I wouldn't say bitcoin is so much more safer than money, it really depends on how well you care it.
The advantage with bitcoin is that the value keeps raising and you are indirectly gaining more money over time.


The fraud thing and the charge back is the best thing that bitcoin doesnt have,it is still better than cash at some point.
full member
Activity: 126
Merit: 100
March 19, 2016, 11:59:21 PM
Bitcoin is a digital currency and money. I think more people will now use more Bitcoin than cash. They use it because it is more worth and the value increases with additional use.
Bitcoin is now also becoming popular around this time. People will use it more and more and cash is now disappearing and bitcoin becoming more mainstream.
full member
Activity: 140
Merit: 100
March 19, 2016, 11:52:05 PM
Bitcoin is easy to move and easy to use as a form of payment. Converting it to fiat(cash) is easy so keeping both BTC and Fiat is almost the same, also the fees are mostly decent, I like the concepts of decentralization bitcoin is supporting as well
sr. member
Activity: 350
Merit: 250
March 19, 2016, 10:59:06 PM
Bitcoin is safer than my cash which can easily be stolen as well as fraud cannot be comitted
As long as you have a wallet that is stored offline and is basically inaccessible, then I would agree your Bitcoin is safe. Anywhere else, and I would seriously doubt the safety of your Bitcoin.

Indeed. I wouldn't say bitcoin is so much more safer than money, it really depends on how well you care it.
The advantage with bitcoin is that the value keeps raising and you are indirectly gaining more money over time.
newbie
Activity: 10
Merit: 0
March 19, 2016, 10:21:48 PM
Just like the way it fluctuates every hour so I can either make money or lose money. Also its pretty secure.
hero member
Activity: 868
Merit: 1000
March 19, 2016, 07:11:27 PM
The only reason to hold btc is that its value keeps on increasing over a period of time, but the value of cash remains the same, and cash can be worthless if inflation rate is higher.
sr. member
Activity: 280
Merit: 250
March 19, 2016, 06:36:20 AM
I will prefer to hold both, as I need cash to spend for my basic expenses as I cannot spend bitcoin directly to buy anything, I will earn bitcoin and spend cash for my basic needs.

Bitcoin is far superior than any other currently existing fiat currency, but only a small amount of people realize that. but it takes time i guess to see more people using bitcoin.

Bitcoin is far superior, at the same time bitcoin price is also high than any other currency which is in use.

What's good in BTc is that its tax free from the government. So i would prefer my monies to be in btc. And for that, i dont want the government to recognize btc. well i don't know if im missing some facts on why some people want recognition of btc but this is my opinion. so...
legendary
Activity: 3206
Merit: 1213
casinosblockchain.io
March 19, 2016, 06:06:17 AM
I will prefer to hold both, as I need cash to spend for my basic expenses as I cannot spend bitcoin directly to buy anything, I will earn bitcoin and spend cash for my basic needs.

Bitcoin is far superior than any other currently existing fiat currency, but only a small amount of people realize that. but it takes time i guess to see more people using bitcoin.

Bitcoin is far superior, at the same time bitcoin price is also high than any other currency which is in use.
full member
Activity: 210
Merit: 100
March 19, 2016, 05:49:59 AM
I will prefer to hold both, as I need cash to spend for my basic expenses as I cannot spend bitcoin directly to buy anything, I will earn bitcoin and spend cash for my basic needs.

Bitcoin is far superior than any other currently existing fiat currency, but only a small amount of people realize that. but it takes time i guess to see more people using bitcoin.
hero member
Activity: 938
Merit: 1000
March 19, 2016, 05:38:25 AM
I will prefer to hold both, as I need cash to spend for my basic expenses as I cannot spend bitcoin directly to buy anything, I will earn bitcoin and spend cash for my basic needs.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
March 18, 2016, 11:47:28 PM

bitcoin can also be stolen. if your computer is infected with a virus and you don't have a proper password to secure your wallet, then your coins may get stolen.

It rarely happen, viruses sometimes this time are not that effective anymore, except if you keep on logging in on phishing sites or keep on living your computer idle without thinking about its security..
legendary
Activity: 896
Merit: 1000
March 18, 2016, 11:08:41 AM
Bitcoin is not cash. So you can be robbed or something and that is very safe for everyone. Because you cant steal it and that is good.
I hope that more people will use Bitcoin and that Bitcoin will also be more worth so that it will also be more popular.

bitcoin can also be stolen. if your computer is infected with a virus and you don't have a proper password to secure your wallet, then your coins may get stolen.
sr. member
Activity: 476
Merit: 250
March 18, 2016, 10:44:25 AM
Bitcoin is not cash. So you can be robbed or something and that is very safe for everyone. Because you cant steal it and that is good.
I hope that more people will use Bitcoin and that Bitcoin will also be more worth so that it will also be more popular.
hero member
Activity: 714
Merit: 500
March 18, 2016, 10:02:36 AM
Bitcoin is safer than my cash which can easily be stolen as well as fraud cannot be comitted

yes, investing on bitcoin is the safest way. it is very much better than cash. some of the benefits is its safety towards the transactions,very low fees towards the bitcoin payment and many more.
full member
Activity: 168
Merit: 100
March 18, 2016, 09:45:52 AM
Bitcoin is safer than my cash which can easily be stolen as well as fraud cannot be comitted
That's not a great argument because Bitcoin can also be stolen, there is so much malware out there designed to steal your coins.

Its not that easy to steal your coins as we have safest digital wallets which are taking best care of our bitcoins and I don't think anyone can hack your wallet that easily.
The problem is that most people will not opt to use the safest wallet, they will go for the easiest to use wallet, probably an account on blockchain.info without 2factor auth enabled.
People fall for phishing sites all the time, they install random software etc. Maybe most Bitcoin users are a little more computer savy than most people, but certainly not everyone.

The 2 factor authentication is build so that your bitcoin wont be stolen from you by any other guy.
Most poeple are not aware of it that why they think that bitcoin can be stolen from you.
legendary
Activity: 1792
Merit: 1283
March 18, 2016, 06:35:11 AM
Bitcoin is safer than my cash which can easily be stolen as well as fraud cannot be comitted
That's not a great argument because Bitcoin can also be stolen, there is so much malware out there designed to steal your coins.

Its not that easy to steal your coins as we have safest digital wallets which are taking best care of our bitcoins and I don't think anyone can hack your wallet that easily.
The problem is that most people will not opt to use the safest wallet, they will go for the easiest to use wallet, probably an account on blockchain.info without 2factor auth enabled.
People fall for phishing sites all the time, they install random software etc. Maybe most Bitcoin users are a little more computer savy than most people, but certainly not everyone.
legendary
Activity: 1008
Merit: 1000
March 18, 2016, 06:31:05 AM
Bitcoin is safer than my cash which can easily be stolen as well as fraud cannot be comitted
That's not a great argument because Bitcoin can also be stolen, there is so much malware out there designed to steal your coins.

Its not that easy to steal your coins as we have safest digital wallets which are taking best care of our bitcoins and I don't think anyone can hack your wallet that easily.
legendary
Activity: 1792
Merit: 1283
March 18, 2016, 06:27:43 AM
Bitcoin is safer than my cash which can easily be stolen as well as fraud cannot be comitted
That's not a great argument because Bitcoin can also be stolen, there is so much malware out there designed to steal your coins.
hero member
Activity: 518
Merit: 500
March 18, 2016, 03:46:53 AM
bitcoin is worthier than cash because it is anonymous, no third party will interrupt user transactions, tax free purchasing, transaction fee is very low and payments can be done via mobile...
yeah cash is becoming obsolete most people use the internet or via their mobile phones to transact.
bitcoin is a picture of the future so the shape is digital
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