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Topic: Why have Bitcoin instead of cash? - page 65. (Read 246148 times)

sr. member
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May 15, 2017, 12:20:48 PM
Though bitcoin have got more and more popularity bitcoin still can't replace cash. People can get benefited of holding bitcoin than holding cash. On the whole bitcoin is dependent on the fiat system directly or indirectly. But fiat system is not at all dependent.
legendary
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May 15, 2017, 10:33:53 AM
Bitcoin is much more convenient than cash. Having in mind the big current price you can dispose a large amount of money without carying any cash with you. The security is good, you still have also a good amount of anonimity and you don't have to feel uncomfortable having a big amount of money with you.

There's no point converting your cash to bitcoins if these are your reasons for doing so. First, doesn't matter how much or how little the price of bitcoin is. With an ATM card, you can carry tons of money with your without carrying any physical cash. The security of banks are pretty much unhackable these days. Anonymity shouldn't be an issue since the government already know that you have had that much money before (since you're going to convert from fiat to bitcoins)

Are the aforementioned features actually worth it? I honestly don't think so. Reasons like you want to invest in bitcoin or that you think it's a good way to store your wealth are the ones that are strong enough for me.
hero member
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May 15, 2017, 10:23:03 AM
Bitcoin is much more convenient than cash. Having in mind the big current price you can dispose a large amount of money without carying any cash with you. The security is good, you still have also a good amount of anonimity and you don't have to feel uncomfortable having a big amount of money with you.

Still you see btc ATM in all the locations and make it as legal in all the countries till that bitcoin won't be able to use a Fiat cash. So be concentrate make it as wide spread of bitcoin. But one thing agree with bitcoin is better than bank. Bank consume huge fees for transactions, ATM and etc.. bitcoin is simply little than that.
sr. member
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May 15, 2017, 10:02:35 AM
The way I see it, Bitcoin gives us the true freedom of currency. We are not dependent upon any system to use our money. So it basically is and always will be BTCFREEDOMBTC

Exactly because you can use it wherever you want. We Can buy and sell it. But all i can say is use it wisely and in important things so that it will become worth it. Smiley
legendary
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May 15, 2017, 05:27:21 AM
Bitcoin is much more convenient than cash. Having in mind the big current price you can dispose a large amount of money without carying any cash with you. The security is good, you still have also a good amount of anonimity and you don't have to feel uncomfortable having a big amount of money with you.
sr. member
Activity: 742
Merit: 250
May 15, 2017, 05:23:17 AM
I also agree with your opinion. Bitcoin is really a high value electronic currency and is constantly evolving. Bitcoin is based on decentralized blockchain technology, everyone is free to use and does not depend on any financial institution or government, your money is your own, no one controls your money. And just as you said, it's safe and secure, every bitcoin deal can be done and completed without any personal information.
sr. member
Activity: 630
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Just follow the rules
May 14, 2017, 11:41:10 AM
I'm happy to accept bitcoin instead of cash money,  because bitcoin is secured than cash. If you think about security measures, then definitely bitcoin would be far greater than cash. Not only that, but also bitcoin is easier to convert, in addition to it's less expensive than master card transactions.
So you will try it.

on some point bitcoin is much secured than cash as it is decentralized and no know is holding your bitcoin for you. and also bitcoin has a lot of space on improvements on its price. it could be one of your investment as it can grow its value over time.
hero member
Activity: 826
Merit: 529
May 14, 2017, 11:37:30 AM
I'm happy to accept bitcoin instead of cash money,  because bitcoin is secured than cash. If you think about security measures, then definitely bitcoin would be far greater than cash. Not only that, but also bitcoin is easier to convert, in addition to it's less expensive than master card transactions.
So you will try it.
legendary
Activity: 3486
Merit: 1280
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May 14, 2017, 11:10:41 AM
Quote
in previous time they were using paypal

Name one shop that has switched from paypal to bitcoin and has at least 10 customers a day

PayPal is dying, so it will be irrelevant in the nearest future

Its prime time was when payment cards (Visa and cronies) hadn't yet gained enough momentum and universal recognition. As to me, PayPal is an inconvenient service overall, which I used a few times myself, and after online payments via real or virtual cards became available, I happily abandoned it. So you should compare Bitcoin with payment cards, not PayPal, and their main advantages are free of hassle, free of charge, and free of delay payments. Bitcoin cuts it pretty well in the first department, though it sucks in the other two (primarily regarding delays). But we are already on the verge of resolving these two issues (delays and fees), and it will be interesting to see the competition between Bitcoin, on the one side, and Visas, on the other, rising. But PayPal remains (and will likely remain) neither here nor there
sr. member
Activity: 454
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May 14, 2017, 07:17:36 AM
If bitcoin was consider as a leagal currency here in our country i will pick bitcoin instead of cash. But bitcoin is no a legal currency so i will still pick cash instead of bitcoin because cash is a legal currency.
full member
Activity: 182
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May 13, 2017, 11:20:23 PM
Because bitcoin is easy to use,and no hassle especially when we pay our billings it faster in payment. Bitcoin can use as investment and trading. Bitcoin is more secure than cash you don't need to worry to carry. That is what people want to use than cash. And many investors interested to invest in bitcoin because its more profit and good investment.
member
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May 13, 2017, 11:15:51 AM
You are very lucky if you live in a place where you can live only by using Bitcoin, but I think most people do not fit into this category. Even if I lived in a place where it is possible to use Bitcoin to buy most things, I'm not sure if this would work, given the current situation with regard to fees and delays in confirmations.
legendary
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Blackjack.fun
May 12, 2017, 08:42:54 AM
We have Bitcoin instead of cash because bitcoin is easy to use especially in online marketing and business rather than cash, because cash is use on the item you want to buy in there market, store and etc.
yes i think for online purpose bitcoin is the first option as it is more convenient to use bitcoin for online shopping, and now we can see that most of the online shops are accepting bitcoin for shopping as payment method. in previous time they were using paypal but after bitcoin introduce in the world it made it more easy to use bitcoin for online shopping.

That's bullshit.

Quote
in previous time they were using paypal

Name one shop that has switched from paypal to bitcoin and has at least 10 customers a day.

Quote
we can see that most of the online shops are accepting bitcoin for shopping

Really? Since when is 1% most of.

Bitcoin has gained a lot in the last 5 years but what you're saying are fairy tales.
hero member
Activity: 1246
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May 12, 2017, 05:51:04 AM
We have Bitcoin instead of cash because bitcoin is easy to use especially in online marketing and business rather than cash, because cash is use on the item you want to buy in there market, store and etc.
yes i think for online purpose bitcoin is the first option as it is more convenient to use bitcoin for online shopping, and now we can see that most of the online shops are accepting bitcoin for shopping as payment method. in previous time they were using paypal but after bitcoin introduce in the world it made it more easy to use bitcoin for online shopping.
That is the true purpose of bitcoin, to be used as a currency in the internet to do transactions in a easy and also convenient way. Bitcoin is created as a tool and we should use it properly. I think bitcoin is better than paypal because there is a lot of problems in paypal that they encountered problem like freeze account while in bitcoin it is not possible to encounter because there is no company that controlling bitcoin.

indeed. and if you think about it, bitcoin really is tailormade for online transactions. though in the real world, there are functions of cash or physical money that bitcoin can't accommodate at this time. cash is still very essential in the real world and physical transactions so I think let's just leave things as they are right now with btc leading the online currency and transactions
hero member
Activity: 1680
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Bitcoin- in bullish time
May 10, 2017, 12:34:49 AM
We have Bitcoin instead of cash because bitcoin is easy to use especially in online marketing and business rather than cash, because cash is use on the item you want to buy in there market, store and etc.
yes i think for online purpose bitcoin is the first option as it is more convenient to use bitcoin for online shopping, and now we can see that most of the online shops are accepting bitcoin for shopping as payment method. in previous time they were using paypal but after bitcoin introduce in the world it made it more easy to use bitcoin for online shopping.
That is the true purpose of bitcoin, to be used as a currency in the internet to do transactions in a easy and also convenient way. Bitcoin is created as a tool and we should use it properly. I think bitcoin is better than paypal because there is a lot of problems in paypal that they encountered problem like freeze account while in bitcoin it is not possible to encounter because there is no company that controlling bitcoin.
legendary
Activity: 1120
Merit: 1000
May 09, 2017, 06:08:58 PM
We have Bitcoin instead of cash because bitcoin is easy to use especially in online marketing and business rather than cash, because cash is use on the item you want to buy in there market, store and etc.
yes i think for online purpose bitcoin is the first option as it is more convenient to use bitcoin for online shopping, and now we can see that most of the online shops are accepting bitcoin for shopping as payment method. in previous time they were using paypal but after bitcoin introduce in the world it made it more easy to use bitcoin for online shopping.
sr. member
Activity: 420
Merit: 282
May 09, 2017, 04:29:16 PM
We have Bitcoin instead of cash because bitcoin is easy to use especially in online marketing and business rather than cash, because cash is use on the item you want to buy in there market, store and etc.
sr. member
Activity: 594
Merit: 250
May 09, 2017, 11:58:56 AM
Because in bitcoin there a big chance for you to earn big in the future. Bitcoin volatility is one of the reason why it is more edge than cash, then more secure, can use for sending money anywhere in the world, and can be use for trading in the exchange platform market and last because of its decentralization.
hero member
Activity: 784
Merit: 500
May 09, 2017, 11:42:33 AM
I love cash more than bitcoin. Each gets a salary, I set aside to invest in gold. While earning from an online store, I set aside a bit to buy bitcoin. I have bitcoin with the intention to profit from altcoin trade.
sr. member
Activity: 256
Merit: 250
May 09, 2017, 11:35:14 AM
Indeed both are useful for us either money or btc, but now the btc price is very high certainly has a good prospec for the future as an investment

Bitcoin has a good opportunity to provide in the future, and now it is better to make all purchases with real money to save more coins.
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