Topic: Why have Bitcoin instead of cash? - page 16. (Read 246169 times)
bitcoin instead of cash i think bitcoin is much safer than the cash because its digital currency
Well, for one thing, cash is not as volatile as bitcoin, whereby you can use bitcoin as an investment not like cash. It is quite true that cash is still the most used mode of payment as of now. Still, it doesn't mean that bitcoin and the other online currencies would not take over in the future. There is still that possibility that people would love that change.
I think bitcoin is more secure than cash, but, people must have the basic knowledge about computer, internet, virus, trojans & malwares. If people shall be trained about the security of bitcoin wallet, then, it's more hard to steal their coins .........
So, some websites must be developed to train people online for teaching them about basics of bitcoin, wallet security, offline transaction, cold storage, paper wallet, hardware wallets, multi-sig wallet etc.
If anybody knows this kind of websites then please, list here in your reply ......
I agree to that, bitcoin is more secure than cash because when your money in bitcoin you can assure that it is totally secure and you keep in you online or offline wallet so that you can monitor your money. I think you must turn your money into bitcoin because is a good investment where you could gain high income. So, some websites must be developed to train people online for teaching them about basics of bitcoin, wallet security, offline transaction, cold storage, paper wallet, hardware wallets, multi-sig wallet etc.
If anybody knows this kind of websites then please, list here in your reply ......
It is safer than to carry cash to your pockets you can be robbed but I'm not telling that bitcoin is super safe(hackers). And i like how other countries uses bitcoin for payment/transactions like go for cup coffee, gas, restaus and money more imagine paying all that with out cash on youre pockets. Imagine after eating at resto and you call a waiter for the bill and you forgot to bring youre wallet they was like no problemo i got my bitcoin with me.
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.
It is true that there are many reasons why bitcoin is created even though there is cash. Bitcoin is more secure to use than cash! We can also easily tansact to each other if we use digital currencies. "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.
Bitcoin is good for long term invest because the value is keep on increasing periodically that's the first reason why btc is better than fiat. The rate of placing fiat in the bank is very low and bitcoins will grow faster than placing your money in the bank.
For investment there is no doubt bitcoin is one of the best, but for transactions, cash is more easy to use. Actually there is no sense in choosing between the two because both can give benefits and we can live a better life if this two will continue to exist.
Bitcoin is good for long term invest because the value is keep on increasing periodically that's the first reason why btc is better than fiat. The rate of placing fiat in the bank is very low and bitcoins will grow faster than placing your money in the bank.
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.
"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.
Yup completely agree on all the points, moreover there will be less chances of you falling prey to the corruption in the system
I think bitcoin is more secure than cash, 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.
Why? Instead of cash why bitcoin, for me I'd rather to choose bitcoin in the future because I know bitcoin will continue to increase someday. But for now I choose cash because cash is more important in our daily life. When you buy food and all you need.
Bitcoin and cash has their own world to live in. Cash being in the physical world is much easier to use when it comes to buying things like food or groceries because no need to have the technology to access bitcoin. While bitcoin in the other hand is digitally and more advance than cash because there are a lot of things bitcoin can do that cash can't.
Because bitcoin has many advantages, although not denying there are also shortcomings. Bitcoin is very easy to use and there are many ways to get it. Bitcoin is not easily faked and moving prices can exceed the value of banknotes.
Isn't Fiat Currency an easier to use currency rather than Bitcoin? When it comes to transactions you really don't need to use your phone in order to send payment you will only need to get your money in your wallet and pay it to the cashier. Also when it comes to getting it it won't be easier as Fiat Currency as a Fiat currency being a legal tender in a country will make it automatically the most accessible among the two. I really don't want to give negative views in Bitcoin but we must be real in giving it some advantages.
Because bitcoin has many advantages, although not denying there are also shortcomings. Bitcoin is very easy to use and there are many ways to get it. Bitcoin is not easily faked and moving prices can exceed the value of banknotes.
Bitcoin is a consensus network that enables new payment systems and money that are entirely digital. Bitcoin is the first decentralized peer-to-peer payment network that is fully controlled by its users without central or intermediary authority. From the user's point of view, Bitcoin is similar to cash in the internet world. Bitcoin can also be viewed as the most prominent record keeping system currently available.
For some reasons, it is much better to use bitcoin instead of cash for its great purpose. Bitcoin is a crypto currency. You cannot see and touch it physically though it has the largest exchange rate among others. Meaning you might want to transact business and buy things you like with bitcoin which is very secured. You can bring even the biggest amount of money you have through bitcoin. It not bulky and heavy. You just have to store it on your wallet then you can buy things and transact business that easy and less hassle. That is how bitcoin works. It amazed a lot of people who has been using it for years. And we have been hearing success stories about bitcoin. And it is truly a blessing to us.
Bitcoin, value is eighteen times more volatile than cash money.
Bitcoin keeps going from strength to strength, that's different with cash money.
Bitcoin became more stable than cash money.
Bitcoin is the biggest, and best-known.
Bitcoin is just new, cash has been around for many years and people are satisfied using it, I don't think bitcoin will be more popular than cash in the future. They have their own advantage, bitcoin can be use online as a currency or a payment system and it can also be an investment if you are willing to take risks. It's up to us actually, we have our won comparison but one thing is certain, is that they are both useful. Bitcoin keeps going from strength to strength, that's different with cash money.
Bitcoin became more stable than cash money.
Bitcoin is the biggest, and best-known.
I think because cash always lose their valuable over time but Bitcoin only raises the valuable over time, 5 years ago, Bitcoin = 400$, now it's over 10k$ already 
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.
"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.
Bitcoin instead of cash. One is that I intend Bitcoin to be use in online transactions where it will be accepted as cash, because I am a kind of guy who does not have any credit cards to use. I use Bitcoin as a mode of investment which obviously has a lot of growth potential compared to any fiat currency the downside is it can also fall its price fast.
Bitcoin, value is eighteen times more volatile than cash money.
Bitcoin keeps going from strength to strength, that's different with cash money.
Bitcoin became more stable than cash money.
Bitcoin is the biggest, and best-known.
Bitcoin keeps going from strength to strength, that's different with cash money.
Bitcoin became more stable than cash money.
Bitcoin is the biggest, and best-known.
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.
At this point in time there aren’t many reasons to convince someone to use bitcoin instead of cash. Cash is accepted by virtually everyone, it can be transported short distances physically with almost no hassle, and it’s an easily graspable concept. "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.
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