Why have Bitcoin instead of cash? - page 6.

Japinat

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Quote from: Chrystora123 on January 18, 2018, 01:46:43 AM

Quote from: leostrong.mo on January 17, 2018, 09:58:10 PM

Bitcoin transactions are convenient, faster than cash!

I think Bitcoin transactions have started slowly, we have to raise fees to quickly in the process, and cannot be denied as well, more and more transactions that led to the slow process of transactions.

Bitcoin transactions are still fast but it has become more expensive, if you pay bigger your transaction will be prioritize but that is not
what we really want to happen, still we want to see a transaction that is affordable to the masses so we can achieve a massive adoption.

altcointalk14

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Quote from: mx667 on January 18, 2018, 02:10:53 AM

Quote from: Butchick on January 18, 2018, 01:54:03 AM

Actually, both is good when you purchase things but a pkus to bitcoin is that it offers security. Security in a sense that you don't have to bring money with you in which your money is protected incase you get robbed. Another is the convenience, when you are in another country, you don't need to go to a money changer and have your money changed to that countries currency; this works though if the country you are in accelts bitcoin as payment. Another plus for bitcoin is that it is not only used in purchasing stuffs but it can also serve as an investment.

I think you should know the basic functions of both. Bitcoin and Cash have their own uniqueness and advantages. You can not select Bitcoin over Cash, and vice versa. You can not ignore Bitcoin and prefer Cash. Both of us need and are very important for our lives. If I think, people choose Bitcoin for various reasons. For example, like investing, we all know that Bitcoin prices are always on the rise, so people want to save Bitcoin to sell it when the price goes up. People also like to do transactions using cryptocurrency because in the world of cryptocurrency, there is no limit whatsoever for us to do transactions. However, there is a disadvantage that the price of cryptocurrency is always up and down. That is way, Cash is needed.

Gold has become money gradually and over time. Dollars are used because people are forced to use them. The cost of bitcoin as money must be understood as that of gold and comes not from legal coercion, but from the specific characteristics of the currency.

mx667

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Quote from: Butchick on January 18, 2018, 01:54:03 AM

Actually, both is good when you purchase things but a pkus to bitcoin is that it offers security. Security in a sense that you don't have to bring money with you in which your money is protected incase you get robbed. Another is the convenience, when you are in another country, you don't need to go to a money changer and have your money changed to that countries currency; this works though if the country you are in accelts bitcoin as payment. Another plus for bitcoin is that it is not only used in purchasing stuffs but it can also serve as an investment.

I think you should know the basic functions of both. Bitcoin and Cash have their own uniqueness and advantages. You can not select Bitcoin over Cash, and vice versa. You can not ignore Bitcoin and prefer Cash. Both of us need and are very important for our lives. If I think, people choose Bitcoin for various reasons. For example, like investing, we all know that Bitcoin prices are always on the rise, so people want to save Bitcoin to sell it when the price goes up. People also like to do transactions using cryptocurrency because in the world of cryptocurrency, there is no limit whatsoever for us to do transactions. However, there is a disadvantage that the price of cryptocurrency is always up and down. That is way, Cash is needed.

Butchick

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Actually, both is good when you purchase things but a pkus to bitcoin is that it offers security. Security in a sense that you don't have to bring money with you in which your money is protected incase you get robbed. Another is the convenience, when you are in another country, you don't need to go to a money changer and have your money changed to that countries currency; this works though if the country you are in accelts bitcoin as payment. Another plus for bitcoin is that it is not only used in purchasing stuffs but it can also serve as an investment.

Chrystora123

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Quote from: leostrong.mo on January 17, 2018, 09:58:10 PM

Bitcoin transactions are convenient, faster than cash!

I think Bitcoin transactions have started slowly, we have to raise fees to quickly in the process, and cannot be denied as well, more and more transactions that led to the slow process of transactions.

jahmes123

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My reason is I could make a profit from bitcoin rather than cash.
And I could do some trading with a small capital and I could earn in the internet while I am relaxing at my house.

rerek007

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Quote from: BTCfan97 on July 08, 2015, 02:10:49 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.

Bitcoin rather tha cash because bitcoin it double triple your money onwards because bitcoin value it increases from time to time

Getcoinsite

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Quote from: BTCfan97 on July 08, 2015, 02:10:49 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.

because its more safer,having virtual money is totally safe than having physical money.we have all know that lots of bad elements are in all streets now waiting for prospected victims.so if our wallet wasnt physical instead virtual our advtage are indeed.

Thats the things i always love about crypto

leostrong.mo

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Bitcoin transactions are convenient, faster than cash!

SerioGiocatore

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It's decentralized. There are no ruling body who can control it.

rodelhomecillo

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I guess because you can't make money with your cash , It just stay there and with bitcoin , it's totally an investment that could give you profit everyday.

Klpc

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For me it's better tos use bitcoin instead of cash, because you can pay transactoins, purchase foods or things safely. Through bitcoin way people can go anywhere without fear. But there's still time that we need to use money for our daily needs.

Sir Paijoe

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Many functions are not available on cash, if we want to get a big profit of course investing into bitcoin and altcoin is the best solution than just hoping on cash, the cash value will continue to fall due to the influence of inflation but bitcoin has been proven profitable for more than 10 years.

01asd

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Quote from: jostorres on January 17, 2018, 03:50:04 AM

Quote from: rynah011991 on January 10, 2018, 09:24:16 AM

There are advantages bitcoin over cash for those people with no access in the bank, If you have internet access bitcoin is more easy to use and more convenient, It allows them to pay others easier than bank transfer and credit cards for transactions which isn't face to face. and going to bank is time consuming and you need to show your Identification card in order to transact.

I would also like to share my thinking regarding this topic. Let’s see the main reason behind the creation of Bitcoin. Bitcoin was basically created to entertain the need for transferring large amount of money across the world at a very cheap rate with fast speed. It come to existence for really big transactions and it served the purpose well. But then it gained fame and value, things changed afterwards and now it has become the best investment tool.

First of all, let me tell you that Bitcoin deals have an advantage over Cash transactions. Bank transactions with cash and the like have limitations and rules. Bitcoin does not have that at all. The only weaker of Bitcoin is the time needed for a transaction may be long. In addition, people not only use Bitcoin for transactions only. Many people, especially the poor and middle-class people like me who use Bitcoin as an investment. We are poor and middle-class people hoping that Bitcoin's investments can change our future and our economy. Very easy way is to buy or collect Bitcoin yg lot. Then wait until the price of Bitcoin increases drastically.

Lock00Live

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Quote from: tophe15 on January 14, 2018, 09:59:31 AM

Quote from: BTCfan97 on July 08, 2015, 02:10:49 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.

Agree to that, that's why I'm interested with Bitcoin, the security is so great, turning your $1 investment to $10 overnight but depends on the market, despite of some people talking trash about it because they are some victims of scammers. So, Bitcoin is indeed the future.

Bitcoin brings the community an experience of using a coin with extremely high security and anonymity. Applying blockchain and open source technology makes bitcoin a great experience that no other currency can ever do. With many potential factors and great value, Bitcoin has received the support of numerous investment community all over the world.

CowboyKiller

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Quote from: goldcoinminer on January 14, 2018, 07:12:54 AM

Quote from: Dark Sky on January 14, 2018, 07:01:43 AM

Quote from: longskie0327 on January 14, 2018, 06:38:44 AM

It is more convenient for most business man, investor and other travelers to use bitcoin or digital currency rather than carrying a large amount of money when you carry a big amount they will inquest you and it quite dangerous becuase of so many terrorist or holdaper or robber out there but when using bitcoin you feel safe and secure so it is much better to use it.

Bitcoin is much better than cash because bitcoin high price is more important and its transaction very easy and very fast, amd the most important point is that you can hold bitcoin for some time as you want it will get you good profit because investment in bitcoin will very beneficial instead of cash.

Cash is very useful in our daily lives but it's not an investment unlike bitcoin.
Of course the reason why bitcoin has increase significantly is because it's very useful and has limited supply so people will increase
its demand and the value will rise.

Everything will rise the value if the demand raise. But, I do not think the price of Bitcoin and the limited supply is good to replace cash. We need to have enough money to spending everyday for any bill. Not only for expensive bill.

Ejanend

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Quote from: sampalokmix on January 11, 2018, 09:13:54 AM

Quote from: BIT-Sharon on July 08, 2015, 02:33:37 AM

Besides, Bitcoin is an invisible gold and do not be restricted by the customs.

We cannot rely on Bitcoin for the rest of our lives, cash is definitely still the most stable medium of payment we can apply, since Bitcoin is more on technology people should have gadgets just to be accessible with this kind platform which is kinda unfair to those who are not interested with this.

We will have better and well developed state with bitcoin, in this era we have a lot of choices and for sure we will choose something that will be good and profitable for us. Bitcoin is no doubt best currency right now but not all people know about bitcoin so it will take some time to change the real currency world to the digital age. People have cash but majority of people are converting it to bitcoin for having better profit in future.

jostorres

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Quote from: rynah011991 on January 10, 2018, 09:24:16 AM

there are advantages bitcoin over cash for those people with no access in the bank, If you have internet access bitcoin is more easy to use and more convenient, It allows them to pay others easier than bank transfer and credit cards for transactions which isn't face to face. and going to bank is time consuming and you need to show your Identification card in order to transact.

I would also like to share my thinking regarding this topic. Let’s see the main reason behind the creation of Bitcoin. Bitcoin was basically created to entertain the need for transferring large amount of money across the world at a very cheap rate with fast speed.

It come to existence for really big transactions and it served the purpose well. But then it gained fame and value, things changed afterwards and now it has become the best investment tool.

markk94

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your opinion is right to the point. that bitcoin is kinda like an investment and its price could goes up in the matter of time. it is more profit to hold into this bitcoin rather paper money

KluFf

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for anti Thief in real life i prefer Bitcoin . because intangible and easy to carry.
but Investing from an intangible thing is too risky. and Bitcoin is prone to hackers.
and i just choose both . because they have both value

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