i prefer to invest my money in bitcoin instead of just having them stay on my pocket
its hard to resist to buy something you want when you have cash available
Topic: Why have Bitcoin instead of cash? - page 30. (Read 246148 times)
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.
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.
i think bitcoin is probably make easy much more saving money instead of cash, because this is unstable currency, sometimes getting higher, and also sometimes it's become lower value of money. but, the more you have many bitcoin in your wallet the currency in your life is also to become higher and much more better
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.
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.
i think bitcoin is probably make easy much more saving money instead of cash, because this is unstable currency, sometimes getting higher, and also sometimes it's become lower value of money. but, the more you have many bitcoin in your wallet the currency in your life is also to become higher and much more better
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.
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.
i think bitcoin is probably make easy much more saving money instead of cash, because this is unstable currency, sometimes getting higher, and also sometimes it's become lower value of money. but, the more you have many bitcoin in your wallet the currency in your life is also to become higher and much more better
It's because bitcoin price is very volatile, it changes in many ways, it can drop and recover in just a few hours. A lot of people earned a lot of money because of it's volatility. Another things is that bitcoin is decentralized. Government doesn't have control over it, so there's no tax. Transactions are easy with bitcoin compared with fiat money.
You are right. There are still many countries where Bitcoin is not that much popular. I think it is a very good idea to use Bitcoin instead of cash. I think the biggest advantage of using Bitcoin over cash is that you need not to worry about the security of your amount. Moreover, you keep on earning a good amount of profit with each passing second.
Cash are printed by private company and issued for a central bank/ some government.
I prefere btc because there is no landlord, no owner, but a pure form of freedom
I prefere btc because there is no landlord, no owner, but a pure form of freedom
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.
For me Becuase bitcoin is increasing so its good if you hold btc for a long time becuase bitcoin have a strong potential on matket and the best crytocurrency so why people dont convert into a cash becuase they want a high profit. "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.
because bitcoin is obviously a place to develop a global price comparison of world gold that becomes the digital currency for the future.
It is a good way to generate income. For I cant use it that quick. I need to income it out in a financial institution very first just before I can get it. So laziness is the essential. Way too lazy to withdraw it. So greater set my excessive income in bitcoin expense then let it obtain some thing.
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 easy to send bitcoin than cash,and most of all its secure to send bitcoin transaction to other people especially when you pay bill,buy gadgets,send money to loveones etc.whenever some other countries did not accept this kind of currencies conversion so you must send your own bill,but i thinks positively that time will come,all countries will accept this kind of portfolio trading.and that the time people will understand the true important and value of the bitcoin.
I prefer having and using Bitcoin instead of cash because of many reasons. Compared to Bitcoin, fiat currencies have a lot less value. Bitcoin is decentralized and not controlled by anyone so it is more easy and simple to use than fiat. Also the Bitcoin price is going up highly while the cash price is going down or increasing very slowly.
yes I agree with your answer, but to note also, bitcoin and cash money, both have advantages and disadvantages of each. in cash money we can find or do these three things. it's just the way from the two different.
Because bitcoin is better than cash, by holding your cash for years you won't make as much money as by holding bitcoin. Bitcoin currently is the best investment to make good money. Bitcoin as someone rightly said is digital gold and there are more benefits and it's more profitable to have bitcoin than cash. It's because of these gains and benefits which people get by holding bitcoin that they are more inclined towards holding or having bitcoin than cash.
I think yes! The bitcoin is more popular than before because now a lot of people are using bitcoin instead of cash because it is more easy to use than cash it is safe and secure so bitcoin is easy to carry even in huge amount but you cannot carry a lot of money or cash with you when you want to travel long because it will create danger for you in the journey but in bitcoin you will not be worry because you will earn more and will enjoy security using bitcoin.Yes Bitcoin is quite unsecure and so as Cash or even Paypal and Banks. Many fraudulent activities takes place with monetary option available, either be it any of them mentioned. Until the user is careful, its quite tough be secure, Bitcoins secure wallet is quite complicated for non tech savvy people and mid or old peoples, and wallets are definitely quite open and unsecure.
Because bitcoin is better than cash, by holding your cash for years you won't make as much money as by holding bitcoin. Bitcoin currently is the best investment to make good money. Bitcoin as someone rightly said is digital gold and there are more benefits and it's more profitable to have bitcoin than cash. It's because of these gains and benefits which people get by holding bitcoin that they are more inclined towards holding or having bitcoin than cash.
I think yes! The bitcoin is more popular than before because now a lot of people are using bitcoin instead of cash because it is more easy to use than cash it is safe and secure so bitcoin is easy to carry even in huge amount but you cannot carry a lot of money or cash with you when you want to travel long because it will create danger for you in the journey but in bitcoin you will not be worry because you will earn more and will enjoy security using bitcoin.
It's just about the price in first place which makes the bitcoin first choice currency rather than fiat currency. Oh yeah surely decentralised and stuff is there but who cares as long as the price stays high. :-)
Yes, bitcoin is chosen primarily because of the high price and the opportunity to make a profit almost nothing. Ordinary currencies are not able to provide such a needy person with earnings.
Yes the fact that bitcoin can be earned without any money to invest with it, it is a good way to think that bitcoin is better than fiat. Leaving bitcoin in our wallet will still make it grow unlike money, if you will just keep it in your wallet it will be the same. Sometimes it will have molds and become old. Bitcoin is better than cash and we can attest to that.
Because bitcoin is better than cash, by holding your cash for years you won't make as much money as by holding bitcoin. Bitcoin currently is the best investment to make good money. Bitcoin as someone rightly said is digital gold and there are more benefits and it's more profitable to have bitcoin than cash. It's because of these gains and benefits which people get by holding bitcoin that they are more inclined towards holding or having bitcoin than cash.
I think yes! The bitcoin is more popular than before because now a lot of people are using bitcoin instead of cash because it is more easy to use than cash it is safe and secure so bitcoin is easy to carry even in huge amount but you cannot carry a lot of money or cash with you when you want to travel long because it will create danger for you in the journey but in bitcoin you will not be worry because you will earn more and will enjoy security using bitcoin. 
It's just about the price in first place which makes the bitcoin first choice currency rather than fiat currency. Oh yeah surely decentralised and stuff is there but who cares as long as the price stays high. :-)
Yes, bitcoin is chosen primarily because of the high price and the opportunity to make a profit almost nothing. Ordinary currencies are not able to provide such a needy person with earnings.
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.
THere are many reason why we need to have bitcoin instead of cash and the major reason for me was its unstable value. BItcoin has the ability to pump and dump so that it is surely possible that it will continuously rise in the near future, I hope. IN addition many users are holding bitcoin with the same reason as mine.
Many people want to get bitcoin and others are buying bitcoin to invest because big difference between cash and bitcoin, we see that bitcoin increases the value while it takes time, and We have many things to do if you have, like invest to trading and when you learn to do well how to trade your bitcoin will grow bigger and when your bitcoin is growing up you will be able to invest in any business.
It's just about the price in first place which makes the bitcoin first choice currency rather than fiat currency. Oh yeah surely decentralised and stuff is there but who cares as long as the price stays high. :-)
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