Yes you are right its better so save in bitcoin than hold as cash or save in bank because if you save in bitcoin their is a possible that you earn in bitcoin and i think that it is more secured you money and not easy to steal and bitcoin right now was popular so that its better to save and earn in bitcoin.
truth if we hold physical money it is easy for us to spend it,if you invest your money in banks they have small interest rates compare to bitcoin which the value is always increasing and it is more profitable than investing our money through banking.Also bitcoin does not gives you too much hassle if we want to withraw our money compare to banks. That is why i rather had bitcoin instead of cash. 
Topic: Why have Bitcoin instead of cash? - page 8. (Read 246169 times)
Yes you are right its better so save in bitcoin than hold as cash or save in bank because if you save in bitcoin their is a possible that you earn in bitcoin and i think that it is more secured you money and not easy to steal and bitcoin right now was popular so that its better to save and earn in bitcoin.
Bitcoin and cash are different things and hard to put together, we can not get profit if we have cash in the millions of dollars, but we can get big profit if you have some bitcoin because its value is always increasing.
Because it was more secured, that you can't attemp to spend to much.
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.
I think people tend to have Bitcoin rather than cash because it has lot more too offer than the usual thing banks can offer and Bitcoin can do provide more than those features banks have already provided. Also, since Bitcoin was inclined with the modern technology, it is more attractive to the millennial people that are already relying and into modern technological features. Added by the fact of those you have stated in your statement which are cited by yours as features that are main reasons why people choose Bitcoin than cash."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 iam interest bitcoin compare cash money
I assume bitcoin not money but iam assume is comodity so we can trading
i want growth my money cash with trading, if still save in cash money
so my money can't growht
Yes it is definitely a good characteristic of bitcoin. We all know that bitcoin or any other form of cryptocurrency has the capability to give a good investment for people for them to have a chance to earn and to have profit. I think most of people want to have a good trading in terms of bitcoin because it has a good stock in the market which could give us a good form of investment for the future. I assume bitcoin not money but iam assume is comodity so we can trading
i want growth my money cash with trading, if still save in cash money
so my money can't growht
When it becomes legal to most of the countries, bitcoin can be used for an easier transaction to anyone, in many places around the world. Also, unlike in cash, it can increase in value even without doing anything. It is also safer because your 'wallet' would be difficult to hack.
There are number of things in which bitcoin is on top priority when it comes to the comparison of bitcoin with that of other regular currencies. None of the regular currencies which are there in this present world is having this much of worth as is of bitcoin. In addition to this, you can also use bitcoin as a way of investing money and number of people are using it too in that way and are making money.
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.
I think people tend to have Bitcoin rather than cash because it has lot more too offer than the usual thing banks can offer and Bitcoin can do provide more than those features banks have already provided. Also, since Bitcoin was inclined with the modern technology, it is more attractive to the millennial people that are already relying and into modern technological features. Added by the fact of those you have stated in your statement which are cited by yours as features that are main reasons why people choose Bitcoin than cash. "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 made to simplify its use. bitcoin is made just for online only, if bitcoin is made like cash, then it will be a rival for the currency of every country and will definitely be banned its circulation ...
It is safer than to carry cash to your pockets you can be robbed but I'm not telling that bitcoin is super safe(hackers). And i like how other countries uses bitcoin for payment/transactions like go for cup coffee, gas, restaus and money more imagine paying all that with out cash on youre pockets. Imagine after eating at resto and you call a waiter for the bill and you forgot to bring youre wallet they was like no problemo i got my bitcoin with me.
There is a quote that No system is safe and i don't know about the blockchain, they say that the blockchain will keep operating for hundred of years even if quantum computers will be used you can just cracked the system. And saying it confidently makes it the most secured security that we can count on today. That is just another reason why we need to have BTC instead of cash. On the other hand, freedoms like, no banks and no middleman, no text and no further exploit of the government on you own wallet is the reason of some.
and as for me having your assets really your own can make you at ease because you have no brainer like banks and full of paperworks just to have an asset.
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.
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.
-snip-
Don't mind your friend. The majority of humans are ignorant sheeps that have no mind of their own. They can not think outside of the set up rules, and it will be very hard for them to realize how good Bitcoin is and all its potential. I've encountered this on several ocassions and it pretty much happens with technology as well."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.
-snip-
You should get yourself very well informed about the situation in Greece and the one in Cyprus last year. Then you could explain to him how the government would have not be able to steal the peoples money if they had been using Bitcoin before it happened.
What happened in Greece was horrible. People should educate themselves more. It’s the governments fault in what happened In their country but people should always think. Educating people and stopping them from being ignorant is the only way for this situation.
Besides, Bitcoin is an invisible gold and do not be restricted by the customs.
Very good point! This basically allows you to bring more than 10k in "cash" around the glob in your pocket without customs having a chance to find out.. Can potentially be problematic though, helping illegal transactions.
And with this long thread i guess more of the users now realized how important bitcointhan cash.
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.
I think that Bitcoin will probably be used by a lot of people in the future but i don't think it will replace the current currency.
As for now I see cryptomoney as investment and not a complete alternative to fiat. When the technology grows enough and more people get into it I think it would be a valid alternative. Frankly, I can't wait for that to happen!
For now it is nothing more than an alternative but alot more country will soon realize about this. When some country finally adopt it, the rest will follow. It just take a small measure for one country to accept it but people fear what they dont know thats why they have been withholding bitcoin. Sooner or later a country will give in to cryptocurrency
As for now I see cryptomoney as investment and not a complete alternative to fiat. When the technology grows enough and more people get into it I think it would be a valid alternative. Frankly, I can't wait for that to happen!
Bitcoin has advantages that we cannot find in cash. First, its security, cash can be stolen from the owner in so many different ways either by another person or by the bank. Unlike Bitcoin, you can choose the wallet you think would be the safest to lock in your money. Bitcoins value is continuously increasing while value of a particular paper money stays the same. It can be used worldwide, like cashed out in every currency there is and most importantly it can't be manipulated by the government.
Bitcoin is the fastest growing cryptocurrency in today's date and is on the top of the list of cryptocurrencies.It is better than the cash in some ways.Bitcoin just needs an internet connection to operate.You can carry any amount of bitcoins in your bitcoin wallet.But this is not possible in case of cash.You can only carry some specific amount of cash only.Another one is the profit margins it gives us.Investing in bitcoin gives a lot of profit in a short period of time.
Bitcoin has advantages that we cannot find in cash. First, its security, cash can be stolen from the owner in so many different ways either by another person or by the bank. Unlike Bitcoin, you can choose the wallet you think would be the safest to lock in your money. Bitcoins value is continuously increasing while value of a particular paper money stays the same. It can be used worldwide, like cashed out in every currency there is and most importantly it can't be manipulated by the government.
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.
I agree, why need cash if you have bitcoin. It has the good features, it is safe, investment, universal currency, and so on. But there is also a danger in bitcoin. Bitcoin is decentralised which means no organization or government regulating it, no exact value or volatile (could go up or down price). So, somehow fiats are also needed. "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.
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.
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