Bitcoin is available everywhere, also its easy,fast and highly secured.
I think its just a matter of time the bitcoin will even take over the world.
Topic: Why have Bitcoin instead of cash? - page 164. (Read 246169 times)
Bitcoin is easy to move and easy to use as a form of payment. Convertiing it to fiat(cash) is easy so keeping both BTC and Fiat is almost the same
People find bitcoin much easier to use. Some people find it even safer. Because they do not walk on the street with so much cash. But that is in fact do so, they are right.
Only Bitcoin can of course be worth less later and that you have more to nothing.
Only Bitcoin can of course be worth less later and that you have more to nothing.
bitcoin is a good way to invest your money it is a little risky.
it is more secure than cash it self.
and you are the bank of yourself :p .
it is more secure than cash it self.
and you are the bank of yourself :p .
It's a good idea, especially because it's decentralized, but don't put all your money in it. You never know.
I think bitcoin can be proved to be an good financial investment for future, so its better to hold few bitcoins in digital wallet and keep it safe, as we don't know what would be the value of bitcoin in future, but it would be more than fiat for sure.
Cash can not really go upwards on the market, its difficult.
The bitcoin can and also with high number so that's a big plus point.
The bitcoin can and also with high number so that's a big plus point.
Your first sentence is the most important.
Cash which is nothing else than physical fiat which gets created by the banks and has never in it's history being able to gain in value or even to hold it.ALL fiat currencies always have lost massively in value and disappeared sooner or later. No currency ever survived!
Bitcoin however is real money, like gold and silver.
Just in a pure digital shape.Which gold and silver can not be.
And because of living in the digital age, finally having the opportunity to own money, without the need and control of any third party who could inflate it massively is a awesome thing!
The same question could be posed in reverse: why have cash instead of bitcoin? Why not?
Why bitcoin, just simple its has got highly secure transactions with less transaction charges. The next part is if you are having cash in hands, tomorrow also it would have the same value. Bitcoin can't be in hands, it has to be in wallet. Everyday there will be variation which gives you profit as well loss based on how active you are.
I think bitcoin is designed in the form of digital, and it made for a transaction quickly and are usually used to gamble, maybe bitcoin devoted to investor or entrepreneur who is looking for something intersting on the internet, therefore bitcoin created in digital form rather than in the form of cash
Cash can not really go upwards on the market, its difficult.
The bitcoin can and also with high number so that's a big plus point.
The bitcoin can and also with high number so that's a big plus point.
I would encourage people to have a balance of both. As right now, most items and daily stuffs can buy with cash or credit card only, i would say put more of your possession into cash. However, we all know the potential and the power of bitcoin in which cash cannot be done. So i would also hope that a small portion of your possession be put into bitcoin. You never know when you need it and when you do, you will be thankful that you have some already at your disposal.
I believe that the value of bitcoin would be much higher as compared to cash in future, so having a good amount of bitcoins for future would be the best value to hold, and bitcoins will be used world wide in coming future.
it's all very clear. bitcoin is a system of digital money. made of crypto algorithm in the management of computer calculations. bitcoin is not visible, but can be saved. The question is simple.
I wouldn't say it's a question of security. Cash is secure enough if you take care of yourself ^^
It's more that bitcoin has no limit. Cash can be used only face to face and for limited amounts (otherwise it's a crime) whereas bitcin can be used in Australia to send money to the USA. Rather practical no? xD
It's more that bitcoin has no limit. Cash can be used only face to face and for limited amounts (otherwise it's a crime) whereas bitcin can be used in Australia to send money to the USA. Rather practical no? xD
i would have bitcoin because it's more simple, you can walk whit one million on your wallet, think about to have 1 million cash in your wallet
Exactly, you can hold whatever amount of bitcoins you want in your digital wallet, and no one would be aware of it, especially when your traveling to other country, at that time you have limitations to carry cash, but in bitcoins sky is the limit.
1. Government-proof (You are your own bank, the bank cannot keep you from your own money, but something like keeping your funds safe is harder to accomplish)
2. Promising community and idea
3. No chargebacks
2. Promising community and idea
3. No chargebacks
Exactly! I would add to be honest the possibility of having something that in a few years will become one of the best investments ever-made.
Nothing out there is somewhere near the possibility of growth that BTC has now.
Really good points. I'd add that you don't have any restriction considering the amount you can pay, because in some countries, you can't pay more than 1000€ in cash.
1. Government-proof (You are your own bank, the bank cannot keep you from your own money, but something like keeping your funds safe is harder to accomplish)
2. Promising community and idea
3. No chargebacks
2. Promising community and idea
3. No chargebacks
People find Bitcoin I think safer.
The only thing is that they can be hacked for the rest it is safe.
People feel like you have cash on you that you can be robbed.
The only thing is that they can be hacked for the rest it is safe.
People feel like you have cash on you that you can be robbed.
Again, you can't really get hacked unless your computer get infected by a key logger. But then you could get your bank account hacked too so...
The main interest of btc is that it doesn't rely on arbitrary notation of agencies to keep its value.... The value of bitcoin is decided only based on its use and adoption!
Not that there is no risk of course... But it all depends on your trust in the system! And btc is out of it so it's rather a good choice if you fear the system might explodes!
Well from what I've understood BTC is safer than the systems used by banks, so if not for anything else this would be a good reason to use BTC.
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