The word cash comes in mind its full of risk you cant carry cash easily from one place to another may b it robbed or lost so bit coin safe you from all these kind of risks and make easiness for you.it is expected that in future cash will be took place by bitcoin most developed countries central banks threat by bitcoin and thinking to buy bit coin secure the economy of the country.
Many bitcoin earners hold their bitcoin instead of converting it all to cash because of the abrupt rising of bitcoin value. And for that reason they hold their bitcoin to gain more profit soon, bitcoin value is oscillating and its favor in rising then it is a good sign for the future of that crypto currency, as many bitcoin earners hopes that years later the value of bitcoin will double its value for the coming years. 
Topic: Why have Bitcoin instead of cash? - page 24. (Read 246169 times)
Because it is much easier to buy things with bitcoin from internet and limit the risks and your bitcoin's true value could increase day by day unlike cash which will remain stable through time even if things get more expansive .
Because by holding bitcoin. We can have opportunity the money we invest in it can grow, unlike fiat. Bitcoin is the most practical way to earn money with complete control in own hands.
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 Agree, Bitcoin is much better than Paper currency. Bitcoin is more convenient in so many aspects and what you have enumerated is also the reason why we must have bitcoins instead of cash. By the system of blockchain, governments become decentralized and prevent them from stealing the peoples money. Bitcoin is probably more fair than our Paper money today. Bitcoin also decreases the risk of crimes such as robbery from people, no one can steal if it is digital and not physical money. It also helps people to deliver their money worldwide without the hassle. "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 less risks and also avoid loosing it especially nowadays thieves are everywhere. They can steal your cash but not your bitcoin. In btc you can earn alot, you can also use btc for paying your bills, no need to go to payment center holding cash. In bitcoin you dont need to worry if you have high amount unlike in cash your worrying too much and its hard to carry it around. Also bitcoin now is useful in many transactions and it is also more secured.
Bitcoin has bigger value compared to physical money so even if you have big amount of bitcoin in your wallet you dont have to worry about your security because it is not physically visible to dirty minded people and also its more accessible especially if you will deal online transactions.
Bitcoin less risks and also avoid loosing it especially nowadays thieves are everywhere. They can steal your cash but not your bitcoin. In btc you can earn alot, you can also use btc for paying your bills, no need to go to payment center holding cash. In bitcoin you dont need to worry if you have high amount unlike in cash your worrying too much and its hard to carry it around. Also bitcoin now is useful in many transactions and it is also more secured.
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.
I really love bitcoin because it is very convenient to use, no need to bring some cash. I can also pay my bills thru bitcoin.
In btc i can earn a lot while i am holding it for a long time, while in cash i can't earn a profit even if i hold it in a decade or i can earn a small amount if i put my cash in bank.
I wish to maintain my bitcoins for long term, and I think spending at a moment for basic things will not serve the purpose, I usually use cash to buy basic things and also the reason there are not many shops that accepts bitcoins as a setting of repayment, and investing bitcoins gives me a feeling that i'm investing my opportunities, so its easier to keep bitcoins safe in digital pocket book for future with master security however i have trend with fiat too.
You can currently see now that Bitcoin would be the long term repayment technique and that more and more people will get to know about it to ensure that is really good however it need to be much more used.And more people must get to know about it for it to be much more used and Bitcoin can also be quicker and much less dangerous than cash.
As an investor i will currently like to have more bitcoins than cash because that is returning more profits to me in the short to medium to long term basis. It makes business sense to save them in bitcoin than cash them out in fiat currently.
The word cash comes in mind its full of risk you cant carry cash easily from one place to another may b it robbed or lost so bit coin safe you from all these kind of risks and make easiness for you.it is expected that in future cash will be took place by bitcoin most developed countries central banks threat by bitcoin and thinking to buy bit coin secure the economy of the country.
Actually bitcoin is a digital currency and easy to carry with yourself anywhere there is no fear of steeling or robbery of bitcoin its price is also high than any other currency and you can learn a lot of things from bitcoin you can do daily trade here as well as you can invest here also so in my opinion bitcoin is much batter then cash.
because bitcoins's price has increased every each year and will continue. in this case, it provides to gaining more money in future than you put in the begining. The cash does not have this ability if you keep as it is.
Bitcoin instead of cash because its necessary to adopt what is new in this world and bitcoin can make our live more easy if we all use bitcoin for our transaction.
Bitcoin is more secured, fast and reliable, and it grows with time..easy to transfer..and its something you dont carry around..its safe
There was so many reasong why bitcoin is better than cash but let me give you some .First it can never be robbed unless you lost your private key , second because it was increasing in value many people see bitcoin as some sort of investment , thirds It was anonynous lastly the government can't control it.
The word cash comes in mind its full of risk you cant carry cash easily from one place to another may b it robbed or lost so bit coin safe you from all these kind of risks and make easiness for you.it is expected that in future cash will be took place by bitcoin most developed countries central banks threat by bitcoin and thinking to buy bit coin secure the economy of the country.
I would have Bitcoin as an alternative of Bitcoin because of the truth that the value of the Bitcoin can often go up which means that it is value far more. With cash you can spend at every single store you want and that is not achievable with Bitcoin.
I think because using bitcoin is more easier that bringing cash specially if you are in a vacation. All you need is internet and your electronics for faster transactions. And also in bitcoin you can grow your money because of the growing price of bitcoin everyday. You can gain profits by just having bitcoin in your wallet unlike cash. I think thats the best features of bitcoin.
bitcoin easy to access, only requires internet to use it. but, if there is no merchant that accept payment through bitcoin we can not use it. bitcoin allows seamless transactions across nations, that's which I likeRight now the biggest problem is that it can't be used for the small and medium sized transactions as a result of the high fee. Also, the time required for confirmation is another concern. What is the point in paying for a hamburger or a sandwich in Bitcoins and waiting for 30 or 40 minutes so that the transaction gets confirmed?
I think because using bitcoin is more easier that bringing cash specially if you are in a vacation. All you need is internet and your electronics for faster transactions. And also in bitcoin you can grow your money because of the growing price of bitcoin everyday. You can gain profits by just having bitcoin in your wallet unlike cash. I think thats the best features of bitcoin.
bitcoin easy to access, only requires internet to use it. but, if there is no merchant that accept payment through bitcoin we can not use it. bitcoin allows seamless transactions across nations, that's which I likeRight now the biggest problem is that it can't be used for the small and medium sized transactions as a result of the high fee. Also, the time required for confirmation is another concern. What is the point in paying for a hamburger or a sandwich in Bitcoins and waiting for 30 or 40 minutes so that the transaction gets confirmed?
But when we use Bitcoin, we need to spend many time to wait confirm our transaction
.Do you think Bitcoin is useful to buy food?
For me, it is really bad choice.
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.
For me because bitcoins value are not that stable unlike on cash. Yes it is gonna take a lot of risk but I can assure you that bitcoins value will never let you down. When you picked cash after years of holding it,the value will stay the same. But on bitcoins the value of it rises as the years pass by. Haven't you heard about those people who but bitcoins before and knowna millionaire. And yes bitcoins are not that convenient today because not all establishments accept it but you can always exchange it into a real money after all. So your money can grow when you convert it into bitcoin and your bitcoins can be convertes back to a money which is good.
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