Well there are of course many reason why you should take bitcoins instead of cash in my eyes.
Firstly its way more secure if you ask me overall.
Also another nice thing you can not lose any bitcoins because its stored in a wallet.
The last one is that you can pay easily with it around the whole world.
Topic: Why have Bitcoin instead of cash? - page 161. (Read 246169 times)
I choose both. Having bitcoins for pay and buy something online and also for gambling because i'm a gambler. and using cash for my daily life.
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.
"Bitcoins are a potential investment, cash is not" this is the point in my opinion,cash have not fluctuate price so deep,and bitcoin have it,and also nowdays people more aware with something on internet than aware with cash,we know cash more easy to rob or other badluck,but bitcoin worry less because it have no physical. "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.
If we compare the bitcoin with cash, the cash cannot be used for online transaction. The cash can also be used by criminals without being tracked.
cash is also more susceptible to counterfeiting, bitcoin, not, double spend it's not so easy to do compared to fake cash
so overall government have no reason to not accept bitcoin, because they are already accepting a worse version for funding everything criminal related, and this is cash
You can see that more people are using more Bitcoin and that is also good for the future. Because the world is getting more modern now.
because bitcoin is a digital technology, I guess if he could not be used as cash because it will make a mess of the financial system but may be used as valuable objects like gold, but in the form of bitcoin 
I would say that Bitcoin and cash both have somewhat different uses and strenghts. I still prefer cash over Bitcoin for paying in stores, bars and restaurants.
For online transactions, definitely Bitcoin, but cash can't be used for that anyways.
For online transactions, definitely Bitcoin, but cash can't be used for that anyways.
If we compare the bitcoin with cash, the cash cannot be used for online transaction. The cash can also be used by criminals without being tracked.
cash is also more susceptible to counterfeiting, bitcoin, not, double spend it's not so easy to do compared to fake cash
so overall government have no reason to not accept bitcoin, because they are already accepting a worse version for funding everything criminal related, and this is cash
Well for me bitcoin is fast and convenient,you dont have to wait for 3-5 business days just to get your money from a bank transfer, while paypal holds the money for 21 days if you are new to them.
Bitcoin change how the way we do business transaction online and i love that change.
Bitcoin change how the way we do business transaction online and i love that change.
No, we should not abolish cash. This seems like a bait and switch. Governments are already trying to abolish cash, mostly cause they and the banks don't know how to do finance. Just keep them away from all of it.
We all feel much safer with technology. Speaking of which, keep them away from that too.
We all feel much safer with technology. Speaking of which, keep them away from that too.
If we compare the bitcoin with cash, the cash cannot be used for online transaction. The cash can also be used by criminals without being tracked.
Well cash can be turned to an online money also. But online money will depend on how rules are. There are some who dont let it withdraw with just a low amount. Bitcoin have also the black past and up to now still being used for criminal work. That could be just the creation of government or real.
If we compare the bitcoin with cash, the cash cannot be used for online transaction. The cash can also be used by criminals without being tracked.
Bitcoin is different then just cash. Since it is online it is more limited then cash. Which makes it it mandatory
to keep cash in stock, when you can't pay with bitcoins.
If we compare the bitcoin with cash, the cash cannot be used for online transaction. The cash can also be used by criminals without being tracked.
When you keep it, the value rises.
In banks even years past you cant see your profit.
In banks even years past you cant see your profit.
That is a good reason to keep bitcoin instead of cash... in time, you will really profit if you bought bitcoin when it dipped.. just make sure to keep your savings safe..
Bitcoin is extremely transparent as the public ledger gives complete visibility into where transactions come from and where they are sent. On the other hand, no one knows who holds a particular bitcoin address.
Bitcoin is easy to send to anywhere. Instead of filling out forms with your address, credit card to use. Its very much user friend than Fiat cash.
When you keep it, the value rises.
In banks even years past you cant see your profit.
In banks even years past you cant see your profit.
That is a good reason to keep bitcoin instead of cash... in time, you will really profit if you bought bitcoin when it dipped.. just make sure to keep your savings safe..
When you keep it, the value rises.
In banks even years past you cant see your profit.
In banks even years past you cant see your profit.
That is right. Bank investing takes a lot of time and you wont even feel your profit for a lot of time that have passed. Plus, here you are the bank you have your own wallet. You control it.
When you keep it, the value rises.
In banks even years past you cant see your profit.
In banks even years past you cant see your profit.
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 really like point #3 the best, i mean your first and second point are ok but dont always hold true. cash can be pretty safe, if you pay with debit or credit cards or something. "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.
Its much safer if you think about, you can't get robbed and its also that you can not lost the money you have.
Also the bitcoin can transported fast all over the world so that's pretty nice if you got family in another country.
Also the bitcoin can transported fast all over the world so that's pretty nice if you got family in another country.
No, you can still get robbed. Just more harder for the average thief which requires brain work for them keylog or some other method to get a hold of your passphrase.
Also, people forget the whole blockchain.info incidents, but technically that can be considered robbery as well lol. If a service fails to due their part.
And this is when people had their 2FA setup as well.
What part of the "The money supply is public" do you not understand?
Its much safer if you think about, you can't get robbed and its also that you can not lost the money you have.
Also the bitcoin can transported fast all over the world so that's pretty nice if you got family in another country.
Also the bitcoin can transported fast all over the world so that's pretty nice if you got family in another country.
Jump to: