Maybe we can trade bitcoin - gold , Bitcoin -silver?
If we just leve dollar behind.
Topic: Why have Bitcoin instead of cash? - page 166. (Read 246148 times)
i don't know for sure but seems people consider paper money is the real cash not bitcoin because bitcoin no physical form i think that's why some people thinking have bitcoin instead of cash
Paper cash is more trustworthy, At least for me. You can get in an emergency and paper cash will help you out.
Bitcoin bring you anywhere in an emergency.
i don't know for sure but seems people consider paper money is the real cash not bitcoin because bitcoin no physical form i think that's why some people thinking have bitcoin instead of cash
Now with bitcoin debit cards, you have full control on your bitcoins. With BTM machine, you are accessable to bitcoin and cash, any time you can convert cash into bitcoin or vice versa. Now, it does not matter cash or bitcoins. Both are equivalent.
I buy almost anything with bitcoin in my country. its cheap and fast.
Do you use a bitcoin credit card that makes this possible or do you really only buy in shops that allow you to pay in bitcoin directly? I imagine that being pretty hard and only very few places on earth should allow the latter.
Exactly, in my country I haven't seen a single shop that accepts bitcoin as a mode of payment, so using it for purchasing any physical goods is really difficult for me, So I need to take support from fiat to buy any product from physical shop. And if he is buying everything with bitcoins then he is really a lucky guy.
I buy almost anything with bitcoin in my country. its cheap and fast.
Do you use a bitcoin credit card that makes this possible or do you really only buy in shops that allow you to pay in bitcoin directly? I imagine that being pretty hard and only very few places on earth should allow the latter.
Supermoney is a great book from the early 1970s by the pseudonymous "Adam Smith".
http://glenbradford.com/files/Stocks/Adam%20Smith%20-%20Supermoney.pdf
In the book, Smith describes stocks as a type of super-currency that has more value than simply the market price of the assets. To Smith, it is the true currency of the economic elite.
Holders could trade on margin- an instantaneous loan with no loan agreements or credit check. Dividends get favorable tax treatment in the US and stock buybacks effectively are a tax-free transfer of capital from the corporate entity to investors.
BTC has many characteristics of Supermoney. Although tax treatment in not preferential as it is with stocks, there is the advantage of privacy. One can easily move large amounts of value across borders instantaneously, with no need to smuggle diamonds or gold in one's luggage.
http://glenbradford.com/files/Stocks/Adam%20Smith%20-%20Supermoney.pdf
In the book, Smith describes stocks as a type of super-currency that has more value than simply the market price of the assets. To Smith, it is the true currency of the economic elite.
Holders could trade on margin- an instantaneous loan with no loan agreements or credit check. Dividends get favorable tax treatment in the US and stock buybacks effectively are a tax-free transfer of capital from the corporate entity to investors.
BTC has many characteristics of Supermoney. Although tax treatment in not preferential as it is with stocks, there is the advantage of privacy. One can easily move large amounts of value across borders instantaneously, with no need to smuggle diamonds or gold in one's luggage.
Being on disability payment from the government, I don't have to report this right away as the gov can't trace BTC yet on the side w/o the bullshit that can happen before I can
make enough to stand independently of the government payments. Now if I was doing this with FIAT, I may have to report it when I had 100 to 150 CAD in funds. At that point, I would
have to liv off of any excess that was there.
make enough to stand independently of the government payments. Now if I was doing this with FIAT, I may have to report it when I had 100 to 150 CAD in funds. At that point, I would
have to liv off of any excess that was there.
Why do we have to choose between one or the other? I prefer to have them both. Even though I am not able to use bitcoin in every store, I use cash for that.
Bitcoin is a nice currency to have next to the cash you use on a daily basis.
Bitcoin is a nice currency to have next to the cash you use on a daily basis.
Because I can, though I never would nor have the capability (don't have enough satoshi for 1 btc yet), carry around an infinite amount of bitcoin in my back pocket with a paper wallet and no one would be the wiser.
I will prefer using both, because is not that save to just have only bitcoin in this world.
ALso you can never know what bitcoin can do maybe he will just sleep.
So still I love bitcoin but I use cash that often.
ALso you can never know what bitcoin can do maybe he will just sleep.
So still I love bitcoin but I use cash that often.
I prefer cash,in my country there is only one citi and onne place where i can buy something to eat burger
I will die with if i will use only btc
I will die with if i will use only btc
I would prefer to use cash too, as I want to hold my bitcoins for future, and I think spending at a moment for basic things will not serve the purpose, I generally use cash to buy basic things and the reason there are not many shops that accepts bitcoins as a mode of payment, and spending bitcoins gives me a feeling that I am spending my investments, so its better to keep bitcoins safe in digital wallet for future.
Do you see the price of the US dollar rising? Well I don't. The price of Bitcoin is rising and it is a really good investment.
no at best it become stronger against other currency, which mean that other currency will be weaker against the dollar, for example there was no dollar rising recentlly, it's just that the euro dropped
I prefer cash,in my country there is only one citi and onne place where i can buy something to eat burger
I will die with if i will use only btc
lol yeah If you just rely on bitcoin for your real money, of course you will die,I will die with if i will use only btc
depending on where you live, if you are in town of bitcoin, you certainly will not die
Do you see the price of the US dollar rising? Well I don't. The price of Bitcoin is rising and it is a really good investment.
I buy almost anything with bitcoin in my country. its cheap and fast.
Thats not fair mate. Now only its getting spread over the world little by little and slowly few online stores accepting bitcoins. Bitcoin is not cheap the transaction fee taken is less compared to transactions done through other transaction networks. Soon there are possibilities of shops that accept bitcoins in every country
I buy almost anything with bitcoin in my country. its cheap and fast.
Where are you located? Do you even buy groceries with bitcoins? Gift cards maybe?
I buy almost anything with bitcoin in my country. its cheap and fast.
I prefer cash,in my country there is only one citi and onne place where i can buy something to eat burger
I will die with if i will use only btc
I will die with if i will use only btc
yeah bcause bitcoin is also a investment, worldwide transaction and also got no tax
but in my place i would choose to hold a cash to buy a things they dont accepted bitcoin..
if one day bitcoin atm available i think i wouldnt use cash anymore...
but in my place i would choose to hold a cash to buy a things they dont accepted bitcoin..
if one day bitcoin atm available i think i wouldnt use cash anymore...
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