because in the era of rapid technology today, you can trade pay, sell and buy using digital money is bitcoin.
you can also say bitcoin is more profitable, paper money will only grow a bit but bitcoin value can soar over and over as time goes .
Topic: Why have Bitcoin instead of cash? - page 21. (Read 246148 times)
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.
Having Bitcoins instead of cash is the best choice because we can fully control our funds unlike fiat money that is controlled and run by governments that everyone cannot escape from tax. But for me having both assets is a wiser choice, make Bitcoin as an investment as it has a very volatile market and fiat money as we usually used it in everyday life. I would rather choose 70% for Bitcoin and another 30% for cash. Bitcoin really has the potential in terms of investment because it only has a limited supply compared to fiat money which is also a stable asset that is not good for investment. "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 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 because bitcoins value are increasing in the market which means your holdings into bitcoins will also increases which makes them a great investment while cash on the other hand have a pretty much stable price so no matter how long you hold it the value will still be the same. And bringing a lot of cash for example you are going out is very hassle part because you pocket will be pretty much bulkt and scanning bitcoins qr code are pretty much easy than swiping our credit cards that have to verify a lot of things.
Bitcoins transactions are really fast and not taxed tooSince there is no way for third parties to identify, track or intercept transactions that are denominated in Bitcoins, one of the major advantages of Bitcoin is that sales taxes are not added onto any purchases.
Also carrying large amount of cash is less practical, prone to crime. Even some bank need more than 2million USD for cash management like coverring planning, printing, expenditure, distribution, withdrawal and destruction while we do need to do such thing when we use bitcoin. Bitcoin give us a lot of benefit, so use bitcoin is better than use cash.
Bitcoins transactions are really fast and not taxed tooSince there is no way for third parties to identify, track or intercept transactions that are denominated in Bitcoins, one of the major advantages of Bitcoin is that sales taxes are not added onto any purchases.
I think you should have both of them, none of them can replace others. Like you have to spend cash to your daily needs and Bitcoin is for profitable, for your future.
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Bitcoin rather than cash because bitcoin increases its value from time to time,and Bitcoin now a days is a international currency of some countries,and you can not fake Bitcoin just like cash..
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.
Actually all you mention is the advantages of bitcoin. But no 4 is not yet. You said that its legal in most country, i think its legal only in some country like japan but not most country. But i am sure it will.
Good thing is bitcoin can not be duplicated for bad reason.
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.
These points are true, so if you have a transaction you need to process, it is better if it is to be done through bitcoin, and if you also want to earn, trade, or invest, you can go and use bitcoin. But without cash, we also cannot use the benefit of bitcoin. Cash is the foundation of our economy and now it is improved by using bitcoin, which is a good idea. "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 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.
Bitcoin is a rare currency that is popular in this moment. Bitcoin can't be steal from you when a robber came to hold you up. Bitcoin is very easy to use you don't need to count your money one by one and your money grows. While in fiat if you hold it in your literal wallet it won't grow. "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 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.
Bitcoin cant be still from you, Bitcoin price is not stable bitcoin is going high as time past.Cash value is increasing very very slow if you compare it yo 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.
To my knoweledge fiat currency doesn't increase in value AT ALL, look how the goverment is printing money, so in fact it is decreasing in value. Don't fall for the fiat trap and buy bitcoin, BTC is scarce.
Well for me or in any other instance i think about, bitcoin is better compared to a cash or a physical money. It is more convenient to bring, more convenient to access wherever you go. When you buy things you want, buy food you like to eat or even transaction in acquiring real estate properties it is much better to pay with bitcoin. It is more easy to access and it is more secure rather than bringing bulky money. It is safe to just have bitcoin to pay something. And compared to all other currency from different countries, bitcoin has the highest exchange value. It is very recommendable to all investors because if you have just few bitcoin stored, you will still considered rich just because of its exchange rate.
Because in the end Bitcoin always wins.
Bitcoin Cash is pure pump and dump imho.
Bitcoin Cash is pure pump and dump imho.
Cash is in your pocket while bitcoins is online and is much safer than have it in your pocket. Bitcoins price can also increase by time so this also a point which bitcoin is better.
Bitcoin is safer because hackers need to try to break in your wallet but if you have cash they will break your door and get your money easily.
Bitcoin is safer because hackers need to try to break in your wallet but if you have cash they will break your door and get your money easily.
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.
There are lots of reasons and those reasons are the advantages of Bitcoin. Bitcoin is a digital currency so it can be used to buy things online. Also, it is decentralized so the profit from investing to it is not taxed. And as i've mentioned with profit, it is not only a currency but also a good investment because its market value is continuously rising and that's why it is better than cash. "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 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.
Its a normal reaction specially if he don't have any prior knowledge about bitcoins but what you did was good because you have just shown him bitcoins advantage and will make him curious. Card transactions are virtual ever since even in regular currencies.
Because cash can be easily stole from robbers but bitcoin is very hard to steal specially if you have a good and great wallet i would recommend to use block chain wallet for your bitcoins because it is the smartest and best wallet i have ever used.
Bitcoin has alot of potential rather than cash.Cash is to risky specially when you will go outside,Their is alot of bad people that will intentionally hold up you or get your money rather than bitcoin they dont know that your bringing a big amount but they canr get it and also you can transfer money using bitcoin all over the globe without fee and buy all you want using bitcoin.Very easy and effortless rather than cash.
Bitcoin is not a physical currency it can be carried easily anywhere, it can't be stolen. In this digital world it is easy for any kind of purchase. Therefore it is more safer than cash.
Very good points. I'd like to add:
5) Banks can't steal it from you. You may think they can't steal cash either; that's not true. With central banks printing money by the hundreds of billions, and commercial banks creating money as debt like there's no tomorrow, they're effectively lowering the relative worth of your money in their advantage. Remember: stealing 5% off your deposit, or increasing the total money supply by 5% by creating it out of thin air, has essentially the same effect.
For me its easy to transack if we all have bitcoin cash less hassle but off course we have to face the reality that actual money is much superior in the days years or as long I live but much better if we go to some option...if we go to online currency less hassle free. 5) Banks can't steal it from you. You may think they can't steal cash either; that's not true. With central banks printing money by the hundreds of billions, and commercial banks creating money as debt like there's no tomorrow, they're effectively lowering the relative worth of your money in their advantage. Remember: stealing 5% off your deposit, or increasing the total money supply by 5% by creating it out of thin air, has essentially the same effect.
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