Topic: Why have Bitcoin instead of cash? - page 18. (Read 246169 times)
The basic reason to have Bitcoin instead of cash is the potential of Bitcoin to rise more .If we will have money in the form of Bitcoin then we are automatcally getting our money increased with time but no such increment is there in the case of cash.
Good points and like all stated. Bitcoin has been an investment and a very strong leverage for getting into wealth for most youths at the moment. It has been a sort of help directly and indirectly to some developing countries. I will lay emphasis on the help Cryptocurrency/bitcoin has done in this few months; years as regards the rate of unemployment. And let us also note that bitcoin has overpowered the fiats and had been a source to generating more cash too.
the idea is good, but so far inconsistent in my opinion...bitcoin still needs refinement so that it can be so easy to use...that's why cash is here))
1) Defninitely if you will take care about yourself you can be much more anonymous. So more secured.
2) Bitcoins are a potential investment, cash also potential but you need much more knowledge experience etc. here you only buy and wait. Usually you don't hav to trade oonly keep. Paper currency used to goes down in value and sometimes a little bit higher, comparing to another currency(FIAT).
3) Fast, worldwide transactions with smaller transaction fee(i don't say about btc).
4) It is not legal and not illegal usually in my opinion. Goverments are thinking about crypto so we don't know how will it end.
Bitcoin is more and more better than cash because bitcoin is secure in your wallet and the other reason is that the rate of bitcoin is varying when the rate increased then your bitcoin automatically increased. 2) Bitcoins are a potential investment, cash also potential but you need much more knowledge experience etc. here you only buy and wait. Usually you don't hav to trade oonly keep. Paper currency used to goes down in value and sometimes a little bit higher, comparing to another currency(FIAT).
3) Fast, worldwide transactions with smaller transaction fee(i don't say about btc).
4) It is not legal and not illegal usually in my opinion. Goverments are thinking about crypto so we don't know how will it end.
Bitcoin is safer than cash no one have the right to take it from you not the goverment not the IRS, it's fast and worldwide wich make it easey to do business from you own house.
I think this is very easy to answer basically attributable to the very reality its significantly more secure at first reason, another intention is that you essentially can't lose it in any regard. Well its feasible to lose it however that its essentially.. moronic, another reason why its better its not in this way ransacked simplyand furthermore advanced that is additionally decent you'll everlastingly have it at you(cellphone).
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.
In my opinion, I would still prefer cash because you can do anything if you have it in your hand. Having coins was great but the services and things that you can buy are limited. In the future, I hope it will be possible for everyone to buy anything using bitcoin. It will provide more security (instead of going to the mall with a bag full of cash LOL), convenience and fast transaction.
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 think you have a good point. Bitcoins has more uses than cash! Satoshi is really a genius! Bitcoin is existed because of Satoshi. I believe that many more people will adapt and accept bitcoin. "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’s fast w hen you pay a cheque from another bank into your bank, the bank will often hold that money for several days, because it can’t trust that the funds are really available. Similarly, international wire transfers can take a relatively long time. Bitcoin transactions, however, are generally far faster.Transactions can be instantaneous if they are “zero-confirmation” transactions, meaning that the merchant takes on the risk of accepting a transaction that hasn’t yet been confirmed by the bitcoin blockchain. Or, they can take around 10 minutes if a merchant requires the transaction to be confirmed. That is far faster than any inter-bank transfer.
The reason why I would choose Bitcoin over Fiat is because of it is a potential Investment and those who invest on it keeps on making money all the time and getting rich. I don’t invest into it just because of security or being fast, neither do I follow it because it is Decentralized. In terms of security, I don’t know if BITCOIN is better than banks, can’t really tell, but bank will be more better, though Bitcoin is good.
Because we all know what are the potential of bitcoin that cash doesnt have. Maybe we can say that cash has an advantage but i dont see that it can compare or comparable to the advantage of bitcoin because in terms of security we all know that we can secure and we do not have to worry too much about our bitcoins. If we keep it maybe it can also be helpful but not like the cash that you cant keep it forever
Why not? Including Bitcoin, you also can't keep it for long time if you don't have the method to keep your private key be safe forever. Do you know the method to keep data safe forverer? Honestly, I don't know any method can do that. Everything can disappear someday, that's the rule of the world.
9) It is far easier to carry 500 BTC with you on a plane than 500 BTC worth of cash.
There's many benefits about using bitcoin over fiat at the moment for the average person, but it's the future potential and benefits I'm interested in, becuase bitcoin is ah very high value. Bitcoin is a huge help for the people who want to use it for payment or doing transaction and also for investment purposes, bitcoin is a very good source of getting a lot of money
Because we all know what are the potential of bitcoin that cash doesnt have. Maybe we can say that cash has an advantage but i dont see that it can compare or comparable to the advantage of bitcoin because in terms of security we all know that we can secure and we do not have to worry too much about our bitcoins. If we keep it maybe it can also be helpful but not like the cash that you cant keep it forever
Why not? Including Bitcoin, you also can't keep it for long time if you don't have the method to keep your private key be safe forever. Do you know the method to keep data safe forverer? Honestly, I don't know any method can do that. Everything can disappear someday, that's the rule of the world.
Because we all know what are the potential of bitcoin that cash doesnt have. Maybe we can say that cash has an advantage but i dont see that it can compare or comparable to the advantage of bitcoin because in terms of security we all know that we can secure and we do not have to worry too much about our bitcoins. If we keep it maybe it can also be helpful but not like the cash that you cant keep it forever
Why not? Including Bitcoin, you also can't keep it for long time if you don't have the method to keep your private key be safe forever. Do you know the method to keep data safe forverer? Honestly, I don't know any method can do that. Everything can disappear someday, that's the rule of the world. 
Simple bitcoin price is moving high and many see this as good opportunity to increase savings or retirement fund.
why there is no cash because it is ready for cash with each other in the world. while bitcoin is fiat money used for online services / online payments. but bitcoins can be converted into cash in their respective countries. Because of that bitcoin currency can be tried the world, we can have it with the knowledge of development pertambangngan nya.disana we will produce many btc.semakin balances btc, the price can also be higher. But it all took a long time for some btc.
Because we all know what are the potential of bitcoin that cash doesnt have. Maybe we can say that cash has an advantage but i dont see that it can compare or comparable to the advantage of bitcoin because in terms of security we all know that we can secure and we do not have to worry too much about our bitcoins. If we keep it maybe it can also be helpful but not like the cash that you cant keep it forever
It’s fast w hen you pay a cheque from another bank into your bank, the bank will often hold that money for several days, because it can’t trust that the funds are really available. Similarly, international wire transfers can take a relatively long time. Bitcoin transactions, however, are generally far faster.Transactions can be instantaneous if they are “zero-confirmation” transactions, meaning that the merchant takes on the risk of accepting a transaction that hasn’t yet been confirmed by the bitcoin blockchain. Or, they can take around 10 minutes if a merchant requires the transaction to be confirmed. That is far faster than any inter-bank transfer.
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.
Simply bitcoins is the very successful investment so far in this period of time. And it is more convenient to use than real cash because of it being digital with just scanning the barcode you can know access the money or pay some kind of payment ypu wanted. And plus the fact that you can do transaction all around the world with just using your mobile phone and an internet Connection.that is why we ahoulf have bitcoins instead of cash. Cash are stable no investment while bitcoins can make you rich promise trust me it happens ti me.
because bitcoin price is increasing while the cash is just like physical cash no improvement and also there is not price hike in that money. unlike in the bitcoin price increases we can save our money and it is still increasing.
The possible profit in bitcoin is really promising and that is the reason why bitcoin is a very great type of currency and a must to have because if we will have some bitcoin in our wallet or portfolio then earning extra money is really possible because of the volatility that makes the price of bitcoin goes up higher and faster than any other investment vehicles. 
Bitcoin is better than cash because bitcoin keeps on increasing and also you can send money around the globe without any fees and also you use it for buying paying your bills and also in gambling if you like,Bitcoin is really the best because it is stress free and hassle free rather than cash.
It is all depends on every situation .. it is like why cash when you have debit or credit cards?? in some cases yes why not pay through bitcoin rather than cash..but the thing is just like in cards when bitcoin gets in more higher rate in society ( you can react but lets face it bitcoin is not as popular as payment method now a days ) they gonna set new rules etc.that is the truth behind every celebrity who gets indemmand in industry ...the more popular they are the higher they gets in talent fee..same thing in bitcoin ...because bitcoin is our celebrity and the modirators are the managers
Bitcoin is better than cash because bitcoin keeps on increasing and also you can send money around the globe without any fees and also you use it for buying paying your bills and also in gambling if you like,Bitcoin is really the best because it is stress free and hassle free rather than cash.
Jump to: