Because Bitcoin is safer then cash.
You can't get robbed from your Bitcoin.
Topic: Why have Bitcoin instead of cash? - page 80. (Read 246148 times)
With bitcoin, the fee will be cheaper compare if you're using WU service
With bitcoin, the transaction will be process faster around the world compare if you're using fiat /cash
With bitcoin, the transaction will be process faster around the world compare if you're using fiat /cash
Because it is very secured and safe than cash. The number one things important for us is the security, once the the people find out that their thing was secured no doubt that will tell and share this to their closest friend and love ones. Aside from that Bitcoin has many advantages to use compare to cash.
bitcoin itself is secure and legit. but what to do with those sites, wallets, exchange's accounts which can get hacked anytime. bitcoin it self is secure but the sites are not safe. this place is full of scammers and cheaters, always be careful and use high security and authentication for your wallets. Because it is very secured and safe than cash. The number one things important for us is the security, once the the people find out that their thing was secured no doubt that will tell and share this to their closest friend and love ones. Aside from that Bitcoin has many advantages to use compare to cash.
I don't think that people only use it because bitcoin is more secured than cash. You know we have a lot of ways in this time to secured our money. First of all best way to safe the money in the Bank. But i am agree with you second point that bitcoin give us many advantages to use and gain profit and make life easy than cash.
Yeah! Security is one of the great reason but not the most prominent ones. It is indeed possible to secure any type of money if corrective measures are taken! But still Bitcoin has clear edge over cash in sense of anonymity offer, decentralized (no boss, I am the owner of my money) and low fees. Such features define Bitcoin as newest form of money.
Also, there are no chargebacks
Once bitcoins have been sent, they’re gone. A person who has sent bitcoins cannot try to retrieve them without the recipient’s consent. This makes it difficult to commit the kind of fraud that we often see with credit cards, in which people make a purchase and then contact the credit card company to make a chargeback, effectively reversing the transaction
Once bitcoins have been sent, they’re gone. A person who has sent bitcoins cannot try to retrieve them without the recipient’s consent. This makes it difficult to commit the kind of fraud that we often see with credit cards, in which people make a purchase and then contact the credit card company to make a chargeback, effectively reversing the transaction
This is not so simple
Once I requested a chargeback myself when I hadn't received a parcel from the seller. I got my money back eventually, but I had to prove that I first really paid the money and then that I didn't receive my order. It took somewhere about two weeks all in all, though I don't think it will be an easy job if you wanted to unlawfully return your money (i.e. receive your order and charge back)
I think he's thinking that fiat services = Paypal services. Paypal has their charge back feature being spammed every single day but mostly that only happens with digital goods. Physical goods when shipped to you require a signature, thus, doing a charge back with a physical good that you actually received and claiming that you didn't receive the item would be a waste of time.
Because it is very secured and safe than cash. The number one things important for us is the security, once the the people find out that their thing was secured no doubt that will tell and share this to their closest friend and love ones. Aside from that Bitcoin has many advantages to use compare to cash.
I don't think that people only use it because bitcoin is more secured than cash. You know we have a lot of ways in this time to secured our money. First of all best way to safe the money in the Bank. But i am agree with you second point that bitcoin give us many advantages to use and gain profit and make life easy than cash.
Because it is very secured and safe than cash. The number one things important for us is the security, once the the people find out that their thing was secured no doubt that will tell and share this to their closest friend and love ones. Aside from that Bitcoin has many advantages to use compare to cash.
of course, if you use the cash it easily lost or damaged because you save them, but it also easily stolen cash. while digital will not likely be damaged. and very safe. That's why bitcoin digital form
Bitcoin has more advantages rather than cash in terms of transactions of money transfer, it has fast services offered instead of fiat cash. But the whole worlds population was still using fiat cash currency and its very popular by people who spend most of fiat cash, I would rather prefer bitcoin if we have an option using it in the future.
Also, there are no chargebacks
Once bitcoins have been sent, they’re gone. A person who has sent bitcoins cannot try to retrieve them without the recipient’s consent. This makes it difficult to commit the kind of fraud that we often see with credit cards, in which people make a purchase and then contact the credit card company to make a chargeback, effectively reversing the transaction
Once bitcoins have been sent, they’re gone. A person who has sent bitcoins cannot try to retrieve them without the recipient’s consent. This makes it difficult to commit the kind of fraud that we often see with credit cards, in which people make a purchase and then contact the credit card company to make a chargeback, effectively reversing the transaction
This is not so simple
Once I requested a chargeback myself when I hadn't received a parcel from the seller. I got my money back eventually, but I had to prove that I first really paid the money and then that I didn't receive my order. It took somewhere about two weeks all in all, though I don't think it will be an easy job if you wanted to unlawfully return your money (i.e. receive your order and charge back)
Because it is very secured and safe than cash. The number one things important for us is the security, once the the people find out that their thing was secured no doubt that will tell and share this to their closest friend and love ones. Aside from that Bitcoin has many advantages to use compare to cash.
Also, there are no chargebacks
Once bitcoins have been sent, they’re gone. A person who has sent bitcoins cannot try to retrieve them without the recipient’s consent. This makes it difficult to commit the kind of fraud that we often see with credit cards, in which people make a purchase and then contact the credit card company to make a chargeback, effectively reversing the transaction.
Once bitcoins have been sent, they’re gone. A person who has sent bitcoins cannot try to retrieve them without the recipient’s consent. This makes it difficult to commit the kind of fraud that we often see with credit cards, in which people make a purchase and then contact the credit card company to make a chargeback, effectively reversing the transaction.
Quote
Why have Bitcoin instead of cash?
Bitcoin and cash is two different currency. While cash we used it in physical transaction like in fiat, bitcoin is for online transactions. In transacting online it is better to used bitcoin because it is safe,reliable,fast and lower transaction charges. Also it is very convenient since you can do it with your mobile phones anytime, anywhere.
Because if you are unbanked or at risk to become, then bitcoin is one of the few way to protect yourself from the troubles it can get you.
Not being able to use a bank account is not something pleasant and make the daily life quite difficult sometimes. For unbanked, usually one of their solutions are prepaid cards but usually fees are quite high and limits quite slow. Or they need to go visit any social workers to get help, but some people refuse to take such actions because they want to keep their dignity, wich i can understand
Not being able to use a bank account is not something pleasant and make the daily life quite difficult sometimes. For unbanked, usually one of their solutions are prepaid cards but usually fees are quite high and limits quite slow. Or they need to go visit any social workers to get help, but some people refuse to take such actions because they want to keep their dignity, wich i can understand
In addition to the above problems with fiat, the local cash can be stolen or thief on gun point. No one can steal your bitcoins unless you give your private key to someone. You also don't have to rely on banks to save your money in case of bitcoins. Bitcoin are automatically saved in wallets with no threat of being lost.
If someone is going to point a gun to my head, he can surely do stuffs on my phone and get my bitcoins. There's a scannable QR code, so the thief only have to take out his phone as well and use your phone to scan his code to copy the bitcoin address. It would take just a couple of moments as well.
It's basically the same thing as you taking out your wallet (taking out your phone), and then handing him your fiat money (scanning his QR code and then sending all your coins).
The thieves would just adopt the the situation when bitcoin is the primary currency that we're using.
(Oh, if you're going to point out that your bitcoin wallet is not on your phone, then you must have fiat in you. The fiat would be stolen instead. At the end of the day, no matter what currency you have, you're going to get robbed if you're meant to get robbed.)
Bitcoin is better than cash though in my country byitcoin is not that quite known so it needs more time before people here become educated in this things. If they would just know that BTC is easy to handle and easy to use, and can send payment or money in the whole world. for sure they will use this at once. 
cash today becoming obsolete because of the less sophisticated and simple. digital currencies are preferred at this time to do shopping and so forth. but I'm not sure bitcoin could overtake itJust Wait the more advancement if technology, bitcoin will more popular than now.
Bitcoin is better than cash though in my country byitcoin is not that quite known so it needs more time before people here become educated in this things. If they would just know that BTC is easy to handle and easy to use, and can send payment or money in the whole world. for sure they will use this at once.
cash today becoming obsolete because of the less sophisticated and simple. digital currencies are preferred at this time to do shopping and so forth. but I'm not sure bitcoin could overtake itJust Wait the more advancement if technology, bitcoin will more popular than now.
Bitcoin is better than cash though in my country byitcoin is not that quite known so it needs more time before people here become educated in this things. If they would just know that BTC is easy to handle and easy to use, and can send payment or money in the whole world. for sure they will use this at once.
cash today becoming obsolete because of the less sophisticated and simple. digital currencies are preferred at this time to do shopping and so forth. but I'm not sure bitcoin could overtake it There are many reasons to have bitcoin instead of cash:
First of all bitcoin isn't a currency at all , I agree it is accepted in many places where we can buy goods or services with bitcoins but of course with limitations. Bitcoin is a investment platform where one can invest and 90% of the time he will get a profit after few months depending on the price he purchased at and also if you are saying that why bitcoin when cash is there then why do people invest in gold when cash is there. Because gold has a potential to increase. Same for bitcoin it is more like a investment platform and it has a potential to increase in the future unlike cash which has the same value for years.
Yes gold have potential to increase but it's very slow while bitcoin have more potential to increase because the price will increase fastly. I have bitcoin because the price its very great and its good to invest because we can make a lot of profit from it while the cash the price its not increasing its same value or stable. If you have bitcoin you can make more cash if you convert it. If you have a cash you spend it to your wants buy this buy there. First of all bitcoin isn't a currency at all , I agree it is accepted in many places where we can buy goods or services with bitcoins but of course with limitations. Bitcoin is a investment platform where one can invest and 90% of the time he will get a profit after few months depending on the price he purchased at and also if you are saying that why bitcoin when cash is there then why do people invest in gold when cash is there. Because gold has a potential to increase. Same for bitcoin it is more like a investment platform and it has a potential to increase in the future unlike cash which has the same value for years.
Bitcoin has the features of cash plus an important feature that is it's a store of value which makes it true money like gold.
Bitcoin is better than cash though in my country byitcoin is not that quite known so it needs more time before people here become educated in this things. If they would just know that BTC is easy to handle and easy to use, and can send payment or money in the whole world. for sure they will use this at once.
Bitcoin is better than cash to some extent. The availability of user of online payment is not so broad in most areas, not because they are uneducated, but its difficult sometimes. And using Bitcoin might be create problem as the major drawback to me is the transaction time taken. If I go to buy train tickets, it is never possible to transact with BTC. So currently having only Bitcoin instead of cash is not a good choice.
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.
Well said and I totally agree with what you said,"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.
And also lets not forget that you can grow your money through bitcoin itself.
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