Why have Bitcoin instead of cash? - page 67.

evilgreed

sr. member

Activity: 728

Merit: 266

Quote from: Pattart on May 07, 2017, 09:34:23 AM

Quote from: kwuccduck on May 05, 2017, 12:22:30 PM

I choose bitcoin because it is not controlled by anyone and allows you to get extra income. With good development, you can improve your investment well.

And what makes the most different from others is the digital bitcoin form. It makes bitcoin easy to store and carry anywhere. I think digital is better than cash #imo

Its also good if you have both right? since today's economy and lifestyle everytime we move money is in demand. For some places that doesn't accept digital currency we will use our fiat, it will always be more wiser to have both fiat and bitcoin atleast you still have spare money in any cases.

Pattart

hero member

Activity: 1190

Merit: 500

Quote from: kwuccduck on May 05, 2017, 12:22:30 PM

I choose bitcoin because it is not controlled by anyone and allows you to get extra income. With good development, you can improve your investment well.

And what makes the most different from others is the digital bitcoin form. It makes bitcoin easy to store and carry anywhere. I think digital is better than cash #imo

pinggoki

sr. member

Activity: 1498

Merit: 416

Quote from: jovs on May 05, 2017, 12:24:36 PM

Quote from: Amph on July 08, 2015, 03:43:08 AM

cash are not that easy to use in different countries, you need to exchange them everytime, a pain in the ass, bitcoin is a global currency, and very easy too move also

and cannot be faked like cash so easily, add on top of this, the less fees required...

I agree with you that' s what I like about bitcoin it could be turn into cash in any currency depending on your country and it cannot be faked by anyone.

Precisely, bitcoin has a potential to increase it price. Yet, it easy to use...you can use bitcoin anywhere and anytime around the world without converting it into fiat as long as the shop is accepting bitcoin as payment. Furthermore, government cannot manipulate the bitcoin so you are freely to use it without tax. Besides it is more easy to use in investment. And yet, you can assure that your money is safe because there's no one controlling it.

Cherylstar86

sr. member

Activity: 1484

Merit: 253

Having fiat cash is a norm that we have since birth but digital bicoin currency is a new era of introducting money is here. The impressions that bitcoin has brought to me a very important solutions which I need for my life's financial freedom, that I could not experience from fiat currency cash. For this great opportunity to have, I can do what is beyond what I expect best from money making with btc.

Dimelord

hero member

Activity: 490

Merit: 500

Bitcoin is not governed by any central body and so it is decentralized.Hence,it cannot be devalued as done in india for high value currencies.
Its not only a currency,but also an asset the price of which is steadily rising.So we could get good returns in keeping bitcoins.
Also as total supply is only 21 million coins out of which 16 million coins have already been mined,bitcoin price would increase more and not like dollars or other currencies which are printed unlimitedly.

fundyourself

sr. member

Activity: 490

Merit: 251

Find Funds & Talents - www.fundyourselfnow.com

bitcoin is digital and inflation proof. With cash, government can just keep printing more money to devalue the currency

Dizaster2015

sr. member

Activity: 258

Merit: 250

Bitcoin can not replace me with cash. He is for me an additional source of income.

ForeverFener

sr. member

Activity: 546

Merit: 250

It is a decentralized one, and that means that governments alone can not change its value. It depends on the production, mining, mass adoption and usage of the bitcoins. Also, I think security and universal accessibility is a very good point mentioned by you and I support you. Wink

gabmen

hero member

Activity: 1246

Merit: 529

CryptoTalk.Org - Get Paid for every Post!

Quote from: Yatsan on May 06, 2017, 03:56:06 AM

I will choose bitcoin over the cash because as you can see the bitcoin price is increasing not just increasing but a massive pumping it started I think at the year 2009 where you can buy many bitcoin in just 1$ but know as you can see 1500$ and more to buy a 1 bitcoin so the bitcoin is good for online transactions and online earning and for investment too. And bitcoin is a good way of business and the way to get rich.

well these features of btc that you've mentioned are bemeficial in so many ways and I think transactions are also going to be easily done when using btc. but there still are things to consider to have btc over cash. first is that at the moment and in surely in the next years or decades, nit everyone will have access to btc. it can be done for rich countries but think about those that doesn't have easy online access. if cash ia to be removed today, the market will not survive

Lorik

full member

Activity: 233

Merit: 250

Bitcoin is a very convenient anonymous currency in the virtual space with the help of which you can still make money at a price increase.

Yatsan

legendary

Activity: 2436

Merit: 1232

Leading Crypto Sports Betting & Casino Platform

I will choose bitcoin over the cash because as you can see the bitcoin price is increasing not just increasing but a massive pumping it started I think at the year 2009 where you can buy many bitcoin in just 1$ but know as you can see 1500$ and more to buy a 1 bitcoin so the bitcoin is good for online transactions and online earning and for investment too. And bitcoin is a good way of business and the way to get rich.

phr0stbyt3

hero member

Activity: 672

Merit: 500

There are many reasons to have bitcoin instead of cash :
1. Bitcoin is a kindnof currency who's price keeps on changing (mostly in a upward direction). So let's say you got 10$ yesterday there is a chance that it's value became 12$.
2. It has a anonymity feature so that you can buy stuffs privately without anyone knowing.
3. Many countries have started to adopt it so increase in price is possible.

MoneyIsDebt

hero member

Activity: 642

Merit: 500

Quote from: kwuccduck on May 05, 2017, 12:22:30 PM

I choose bitcoin because it is not controlled by anyone and allows you to get extra income. With good development, you can improve your investment well.

bitcoin is the source of storage and investment as well and you need to convert it into fait money it is just one click away because now a days exchanges are too fast and well developed that you don't have to wait for too long.

jovs

sr. member

Activity: 672

Merit: 250

Quote from: Amph on July 08, 2015, 03:43:08 AM

cash are not that easy to use in different countries, you need to exchange them everytime, a pain in the ass, bitcoin is a global currency, and very easy too move also

and cannot be faked like cash so easily, add on top of this, the less fees required...

I agree with you that' s what I like about bitcoin it could be turn into cash in any currency depending on your country and it cannot be faked by anyone.

kwuccduck

full member

Activity: 138

Merit: 100

I choose bitcoin because it is not controlled by anyone and allows you to get extra income. With good development, you can improve your investment well.

bravehearth0319

hero member

Activity: 1022

Merit: 500

Quote from: Batelk on August 16, 2016, 02:11:10 PM

Quote from: coin_gambler on August 15, 2016, 02:31:18 PM

Quote from: Ewinsane on August 15, 2016, 04:14:48 AM

bitcoin is too safer and secure and its transaction is very faster and bitcoin transaction fees is very lower.

of course bitcoin is way safer, you dont have to give it to someone like banks to hold it and you are the master of your own bitcoins

f
It depends. If the good bank can give me some interest and can secure my bitcoin, I will use the bitcoin instead of holding it myself.

Of course I would rather go to choose bitcoin, because of it volatility. And even you/we keep it the price value has a chance to increase which bank has no capacity to do it unlike in bitcoin it has. Aside from being secured to anyone else compared into cash.

AK47-

sr. member

Activity: 644

Merit: 250

For me it is easy transfer of money between countries. Having family in India, Canada and US bitcoin is helping me a lot.

gracia0023

full member

Activity: 140

Merit: 100

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.
b
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.

Like money, bitcoin will be used by human to purchased item, used to earn profit and also in online gambling.
All of this are benefits of bitcoin. Bitcoin is a digital currency so it is not hassle to used in online payment on those stores who accept it.
Especially bitcoin can use in investing or trading so using bitcoin you can get a profit unlike paper money.
Bitcoin can use in global transaction or payment unlike cash that you use only in your own country.

MoneyIsDebt

hero member

Activity: 642

Merit: 500

Quote from: genos on May 04, 2017, 06:05:10 AM

Quote from: Bionicgalaxy on May 03, 2017, 11:58:27 PM

is easy to earn than cash but it's still better to hold a real money instead because real money can accept as a payment but cannot be accepted as a real money it can be only accepted in the internet not in the real world.

We need internet to transact using . There are some restaurant in america that accept now. We just have to wait for the moment when is accepted by many merchants. Better focus to earn because it is good investment too

matter of fact is not that there are not much online stores that accept bitcoin or not but i think you have to exchange some amount of your bitcoin to real money as well for the hard situation or keeps a separate online wallet for that purpose.

anami57

hero member

Activity: 798

Merit: 500

Bitcoin can be used as a companion fund when my cash is minimal. Cash I use to transact in real life and bitcoin for online shopping.

Topic: Why have Bitcoin instead of cash? - page 67. (Read 246148 times)