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Topic: Why have Bitcoin instead of cash? - page 57. (Read 246148 times)

full member
Activity: 230
Merit: 100
June 12, 2017, 02:31:35 AM
If the bitcoin of cash, there is no price up or down lucky is coin-shaped coins that have a high price later.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
June 11, 2017, 07:49:15 PM
For me bitcoin is the fastest transaction ive ever known unlike cash. You can pay your bills in bitcoin. And if the currency will rising up its very nice if you have btc because the money you keep is become bigger not like cash. You can keep your cash but as the days pass by the cash that you hold is loosing.

Lols..let's stop with the snorting around here

Cash is instant payment. You give a bill receive a few coins back and you're off.
I can pay with cash faster that I can unblock my phone sometimes Smiley.

Probably you're just post hunting but still, stop with the crap.

Right now bitcoin is faster than bank transfers between different banks.
That's all. And it not bitcoin's fault it's just that other payment methods have evolved too.

And with the current status of bitcoin network today, soon there will be no different in terms of speed between bitcoin transactions (using the standard fees) and bank transfers between different banks.

For references, bank to bank transfer here is instant and just one second click away via online banking. For transfers between different banks, the average is 6 hours with cheaper fees about an average of $0.05. My recent bitcoin transaction cost $3 and I wait for 4 hours. See the comparison here? Really making a sense.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
June 11, 2017, 06:07:04 PM
For me bitcoin is the fastest transaction ive ever known unlike cash. You can pay your bills in bitcoin. And if the currency will rising up its very nice if you have btc because the money you keep is become bigger not like cash. You can keep your cash but as the days pass by the cash that you hold is loosing.

Lols..let's stop with the snorting around here

Cash is instant payment. You give a bill receive a few coins back and you're off.
I can pay with cash faster that I can unblock my phone sometimes Smiley.

Probably you're just post hunting but still, stop with the crap.

Right now bitcoin is faster than bank transfers between different banks.
That's all. And it not bitcoin's fault it's just that other payment methods have evolved too.





hero member
Activity: 713
Merit: 501
June 11, 2017, 01:44:22 PM
For me bitcoin is the fastest transaction ive ever known unlike cash.

That's not entirely true. You can achieve instant transactions with cash. A transaction can happen between two people, hand the money, and then done. In bitcoin, on the other hand, it would take a couple of minutes if you're lucky, several hours if you're kinda lucky, and then a couple of days most of the time. I'm not speaking in behalf of everyone since you obviously can fasten up the transaction by adding more transaction fees. I'm just saying what a regular bitcoin user actually experience.

Gone are the days when you can actually say that bitcoin's transactions are fast and cheap. Today, you already spent more than 1$ to send just a couple of dollars but you'd still have to wait for days before it gets confirmed.
sr. member
Activity: 423
Merit: 251
June 11, 2017, 01:12:53 PM
Because bitcoin is a valuable thing that exceeds the value of money contained in it, bitcoin the price is always changing the fox so it is difficult to assess with money.
hero member
Activity: 1274
Merit: 513
June 11, 2017, 10:32:51 AM
For me bitcoin is the fastest transaction ive ever known unlike cash. You can pay your bills in bitcoin. And if the currency will rising up its very nice if you have btc because the money you keep is become bigger not like cash. You can keep your cash but as the days pass by the cash that you hold is loosing.

Well you may be right but you still meed cash for your everday expenses. You can't use btc for payments in a convenience store yet so having all your money converted to btc and mit keeping cash would be a foolish idea. Keep btcs for investments and keep cash as well for daily usage
Cash is for the the daily uses or expenses like buying foods and everything . Cash for paying your grocery in convenient store . Bitcoin is for online transaction like shopping buying gadgets like laptops and cellphone. And if you have a lot of bitcoin they have chances to get a lot of cash because the price increasing more.  And thats the one reason why bitcoin is good.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
June 11, 2017, 09:15:44 AM
For me bitcoin is the fastest transaction ive ever known unlike cash. You can pay your bills in bitcoin. And if the currency will rising up its very nice if you have btc because the money you keep is become bigger not like cash. You can keep your cash but as the days pass by the cash that you hold is loosing.

Well you may be right but you still meed cash for your everday expenses. You can't use btc for payments in a convenience store yet so having all your money converted to btc and mit keeping cash would be a foolish idea. Keep btcs for investments and keep cash as well for daily usage
sr. member
Activity: 672
Merit: 250
June 11, 2017, 08:43:47 AM
For me bitcoin is the fastest transaction ive ever known unlike cash. You can pay your bills in bitcoin. And if the currency will rising up its very nice if you have btc because the money you keep is become bigger not like cash. You can keep your cash but as the days pass by the cash that you hold is loosing.
legendary
Activity: 1120
Merit: 1000
June 11, 2017, 08:14:19 AM
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.
With bitcoins,money could be sent all over the world with very low fee compared to other payment systems.Its an ever growing investment.Its safe and secure.
Are you sure about that? Paypal charges $0.1 for small transactions while bitcoin requires users to pay more than $2 in order for transactions to be confirmed. Do you think that bitcoin fee is cheap? Do not say anything bullshit here if you do not know anything about it
Bitcoin transaction fee for small amounts of money is definitely not cheap at all, but for those that live in the first world or that can send bigger transactions the fees may not seem that bad, but if we want a world adoption from the population of the world this problem with the fess needs to be resolves as soon as possible.
yes small transaction is creating problems with big transaction fee. now we cannot use bitcoin for  purchasing small items online, the exchanges are increasing the transaction fee from time to time, for example the yobit was charging 0.0003 but now they increased the transaction fee to 0.0009 which is 200 %, i think there should be a regularity authority to have check on theses exchanges and to bound them about the increase in transaction fee.
hero member
Activity: 798
Merit: 505
June 11, 2017, 07:28:13 AM
Besides, Bitcoin is an invisible gold and do not be restricted by the customs.

Yes, a few years after writing the post, he became even stronger and closer to real gold and in some ways even surpasses it.

Well i think bitcoin is not really stronger than gold or closer with it because in the first place not all people know bitcoin unlike gold, 2nd bitcoin is digital currency and gold is in physical. When we are talking about bitcoin it is sort of  online and we cant use it without internet connection unlike gold you can used it. Though  i cant compare gold and bitcoin now because they has their own potentials
full member
Activity: 238
Merit: 100
June 11, 2017, 06:53:58 AM
It is better to have bitcoin instead of cash because as time passed by, the currency of the bitcoin is rising up in the universal market that can lead you to more opportunities of spending it on many things. Because having cash instead of bitcoin is the shortest and easiest way in using money because as long as you have cash on your hands you would keep on spending it until it's gone. While on bitcoin you can have a 2 in 1 advantage because you can keep it for a long time and the currency is changing in time that you can't get when you are holding your cash.
hero member
Activity: 588
Merit: 500
June 11, 2017, 06:46:30 AM
because of the volatility of bitcoin there is fluctuation happening now into bitcoin.
And it is very safer than cash. Aside from it helping me a lot to keep bitcoin then hold it in a long term.

Take bank checks for example when they first came out.  They were not meant to replace cash, but to give a person the ability to spend money that was not on them.  If the amount was too large to safely carry, or the purchase was last minute and not planned for, a check could be used, cash the rest of the time.  Credit cards never replaced cash, although debit cards should have. 
full member
Activity: 131
Merit: 100
June 11, 2017, 06:17:49 AM
Besides, Bitcoin is an invisible gold and do not be restricted by the customs.

Yes, a few years after writing the post, he became even stronger and closer to real gold and in some ways even surpasses it.
sr. member
Activity: 520
Merit: 250
June 11, 2017, 06:15:08 AM
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.
With bitcoins,money could be sent all over the world with very low fee compared to other payment systems.Its an ever growing investment.Its safe and secure.
Are you sure about that? Paypal charges $0.1 for small transactions while bitcoin requires users to pay more than $2 in order for transactions to be confirmed. Do you think that bitcoin fee is cheap? Do not say anything bullshit here if you do not know anything about it
Bitcoin transaction fee for small amounts of money is definitely not cheap at all, but for those that live in the first world or that can send bigger transactions the fees may not seem that bad, but if we want a world adoption from the population of the world this problem with the fess needs to be resolves as soon as possible.
It really is not correct that the transfer fee does not depend on the amount of the payment. Probably a solution could be bitcoin Bank which made money on the back of the remnants, and it would free transfers, but problems may arise with confidence. For example, I do not trust any banks.

Same here, at my current savings account were facing problem and it wasn"t fix yet. I will just put it on my btc walet when it fixed.
sr. member
Activity: 420
Merit: 255
June 11, 2017, 05:57:06 AM
It really is not correct that the transfer fee does not depend on the amount of the payment. Probably a solution could be bitcoin Bank which made money on the back of the remnants, and it would free transfers, but problems may arise with confidence. For example, I do not trust any banks.
hero member
Activity: 1092
Merit: 501
June 10, 2017, 11:04:41 PM
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.
With bitcoins,money could be sent all over the world with very low fee compared to other payment systems.Its an ever growing investment.Its safe and secure.
Are you sure about that? Paypal charges $0.1 for small transactions while bitcoin requires users to pay more than $2 in order for transactions to be confirmed. Do you think that bitcoin fee is cheap? Do not say anything bullshit here if you do not know anything about it
Bitcoin transaction fee for small amounts of money is definitely not cheap at all, but for those that live in the first world or that can send bigger transactions the fees may not seem that bad, but if we want a world adoption from the population of the world this problem with the fess needs to be resolved as soon as possible.
legendary
Activity: 1022
Merit: 1000
Blocklancer - Freelance on the Blockchain
June 10, 2017, 07:52:26 AM
Simple bitcoin can is something that can be invested and made profit and later spend it. And from chart it's much better to have btc then cash.
sr. member
Activity: 798
Merit: 258
June 08, 2017, 12:11:31 AM
because of the volatility of bitcoin there is fluctuation happening now into bitcoin.
And it is very safer than cash. Aside from it helping me a lot to keep bitcoin then hold it in a long term.
full member
Activity: 149
Merit: 100
June 07, 2017, 11:32:57 PM
Why have bitcoin instead of cash let me simplify it for you,,,, bitcoin is the most valuable coin in the cryptocurrency right now so meaning it is the coin that every traders in the world TRADE if bitcoin price got lower you can buy bitcoin so that you can sell it on very high price not like cash that no improvement in the price.

What you have described is why to invest in bitcoin not why to hold it instead of cash. In fact I bet you still bring cash with you everytime you go outside.

In reality there is currently little reason to use bitcoin instead of cash, at best it can be used to replaced bank account based savings and other types of investments. I hope this changes in the future though.
member
Activity: 70
Merit: 10
June 07, 2017, 11:27:46 PM
Why have bitcoin instead of cash let me simplify it for you,,,, bitcoin is the most valuable coin in the cryptocurrency right now so meaning it is the coin that every traders in the world TRADE if bitcoin price got lower you can buy bitcoin so that you can sell it on very high price not like cash that no improvement in the price.
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