Topic: Why have Bitcoin instead of cash? - page 85. (Read 246169 times)
because of the bitcoin is the best investment option in the compare the gold, silver, land, stocks and other investments. with bitcoin things easier, will not be lost because of stolen and damaged others.
i think bitcoin have very stronger and powerful security and there is no tax on bitcoin and bitcoin is very useful than cash its transaction is very faster than other currency .
There are actually fees in Bitcoin, which are the mining fees. But that's not a big problem, in my opinion, since they are relatively low rates. In addition, these fees are required to maintain the quality of the payment system.I want to add that Bitcoin trumps fiat because of its accessibility; you can have a 24/7 access to your funds and can easily make payments without any third party restrictions (i.e. bank) or jurisdictional restrictions.
Well the downside here is that as of this time, the transactions you can do with bitcoin is pretty limited to companies accepting btc. It would be nice in the future if most major companies would accept btc for their everyday transaction so even as we all know how more beneficial btc is, cash is still more practical.
Cash is indeed still something we need but we are coming slowly to a time were everything is digital.
i think bitcoin have very stronger and powerful security and there is no tax on bitcoin and bitcoin is very useful than cash its transaction is very faster than other currency .
There are actually fees in Bitcoin, which are the mining fees. But that's not a big problem, in my opinion, since they are relatively low rates. In addition, these fees are required to maintain the quality of the payment system.I want to add that Bitcoin trumps fiat because of its accessibility; you can have a 24/7 access to your funds and can easily make payments without any third party restrictions (i.e. bank) or jurisdictional restrictions.
Well the downside here is that as of this time, the transactions you can do with bitcoin is pretty limited to companies accepting btc. It would be nice in the future if most major companies would accept btc for their everyday transaction so even as we all know how more beneficial btc is, cash is still more practical.
Hmm cash is still that practical and it is that much because those people who are into bitcoins like us still prefer to use it. Since there are still a lot of companies and people who doesn't even know how they will use bitcoin and no knowledge at all. But I do believe that in the future there will be some chance that cash will be replace by bitcoin or any other online currency.
i think bitcoin have very stronger and powerful security and there is no tax on bitcoin and bitcoin is very useful than cash its transaction is very faster than other currency .
There are actually fees in Bitcoin, which are the mining fees. But that's not a big problem, in my opinion, since they are relatively low rates. In addition, these fees are required to maintain the quality of the payment system.I want to add that Bitcoin trumps fiat because of its accessibility; you can have a 24/7 access to your funds and can easily make payments without any third party restrictions (i.e. bank) or jurisdictional restrictions.
Well the downside here is that as of this time, the transactions you can do with bitcoin is pretty limited to companies accepting btc. It would be nice in the future if most major companies would accept btc for their everyday transaction so even as we all know how more beneficial btc is, cash is still more practical.
Well in my opinion the bitcoin has a lot of advantages if you compare it with the normal cash in real life.
Firstly you can not lose it at all so that is the first sweet reason why its better.
Another reason is due to the fact its much safer, you can get robbed and mostly if people break in your house there is nothing weird, no cash.
I think cash is also a old method to pay, everything is gonna be digital in the future.
Yes bitcoin is really a good transaction medium, but I think the main reason is that the new generation is interested in online buying and selling and the governments are also now thinking about to issues a online currency so as to facilitate their people according to the need of the modern time.Firstly you can not lose it at all so that is the first sweet reason why its better.
Another reason is due to the fact its much safer, you can get robbed and mostly if people break in your house there is nothing weird, no cash.
I think cash is also a old method to pay, everything is gonna be digital in the future.
with bitcoin you just need buy bitcoin from someone near you and spend it online .
Well in my opinion the bitcoin has a lot of advantages if you compare it with the normal cash in real life.
Firstly you can not lose it at all so that is the first sweet reason why its better.
Another reason is due to the fact its much safer, you can get robbed and mostly if people break in your house there is nothing weird, no cash.
I think cash is also a old method to pay, everything is gonna be digital in the future.
Yes bitcoin is really a good transaction medium, but I think the main reason is that the new generation is interested in online buying and selling and the governments are also now thinking about to issues a online currency so as to facilitate their people according to the need of the modern time.Firstly you can not lose it at all so that is the first sweet reason why its better.
Another reason is due to the fact its much safer, you can get robbed and mostly if people break in your house there is nothing weird, no cash.
I think cash is also a old method to pay, everything is gonna be digital in the future.
with bitcoin you just need buy bitcoin from someone near you and spend it online .
i don't think there is nothing best more than bitcoin in digital payment gateaway.
Well in my opinion the bitcoin has a lot of advantages if you compare it with the normal cash in real life.
Firstly you can not lose it at all so that is the first sweet reason why its better.
Another reason is due to the fact its much safer, you can get robbed and mostly if people break in your house there is nothing weird, no cash.
I think cash is also a old method to pay, everything is gonna be digital in the future.
Yes bitcoin is really a good transaction medium, but I think the main reason is that the new generation is interested in online buying and selling and the governments are also now thinking about to issues a online currency so as to facilitate their people according to the need of the modern time.Firstly you can not lose it at all so that is the first sweet reason why its better.
Another reason is due to the fact its much safer, you can get robbed and mostly if people break in your house there is nothing weird, no cash.
I think cash is also a old method to pay, everything is gonna be digital in the future.
with bitcoin you just need buy bitcoin from someone near you and spend it online .
with bitcoin you just need buy bitcoin from someone near you and spend it online .
That's mainly the problem. There's not a lot of bitcoin users especially in remote areas. Buying from someone by meeting up with them personally would be pretty hard to do in that case. Most people here started by buying bitcoins from someone using their Paypal account.Spending bitcoins online is another problem to most users. There's not that much online stores that accepts bitcoin unlike when you're using Paypal.
But I guess this all depends on your area. I'm just saying what I'm experiencing.
Well in my opinion the bitcoin has a lot of advantages if you compare it with the normal cash in real life.
Firstly you can not lose it at all so that is the first sweet reason why its better.
Another reason is due to the fact its much safer, you can get robbed and mostly if people break in your house there is nothing weird, no cash.
I think cash is also a old method to pay, everything is gonna be digital in the future.
Yes bitcoin is really a good transaction medium, but I think the main reason is that the new generation is interested in online buying and selling and the governments are also now thinking about to issues a online currency so as to facilitate their people according to the need of the modern time.Firstly you can not lose it at all so that is the first sweet reason why its better.
Another reason is due to the fact its much safer, you can get robbed and mostly if people break in your house there is nothing weird, no cash.
I think cash is also a old method to pay, everything is gonna be digital in the future.
with bitcoin you just need buy bitcoin from someone near you and spend it online .
i think bitcoin have very stronger and powerful security and there is no tax on bitcoin and bitcoin is very useful than cash its transaction is very faster than other currency .
There are actually fees in Bitcoin, which are the mining fees. But that's not a big problem, in my opinion, since they are relatively low rates. In addition, these fees are required to maintain the quality of the payment system.I want to add that Bitcoin trumps fiat because of its accessibility; you can have a 24/7 access to your funds and can easily make payments without any third party restrictions (i.e. bank) or jurisdictional restrictions.
Well the downside here is that as of this time, the transactions you can do with bitcoin is pretty limited to companies accepting btc. It would be nice in the future if most major companies would accept btc for their everyday transaction so even as we all know how more beneficial btc is, cash is still more practical.
i think bitcoin have very stronger and powerful security and there is no tax on bitcoin and bitcoin is very useful than cash its transaction is very faster than other currency .
There are actually fees in Bitcoin, which are the mining fees. But that's not a big problem, in my opinion, since they are relatively low rates. In addition, these fees are required to maintain the quality of the payment system.I want to add that Bitcoin trumps fiat because of its accessibility; you can have a 24/7 access to your funds and can easily make payments without any third party restrictions (i.e. bank) or jurisdictional restrictions.
Well in my opinion the bitcoin has a lot of advantages if you compare it with the normal cash in real life.
Firstly you can not lose it at all so that is the first sweet reason why its better.
Another reason is due to the fact its much safer, you can get robbed and mostly if people break in your house there is nothing weird, no cash.
I think cash is also a old method to pay, everything is gonna be digital in the future.
Yes bitcoin is really a good transaction medium, but I think the main reason is that the new generation is interested in online buying and selling and the governments are also now thinking about to issues a online currency so as to facilitate their people according to the need of the modern time.Firstly you can not lose it at all so that is the first sweet reason why its better.
Another reason is due to the fact its much safer, you can get robbed and mostly if people break in your house there is nothing weird, no cash.
I think cash is also a old method to pay, everything is gonna be digital in the future.
with bitcoin you just need buy bitcoin from someone near you and spend it online .
That is right. I know friends change fiat into bitcoin.
Well in my opinion the bitcoin has a lot of advantages if you compare it with the normal cash in real life.
Firstly you can not lose it at all so that is the first sweet reason why its better.
Another reason is due to the fact its much safer, you can get robbed and mostly if people break in your house there is nothing weird, no cash.
I think cash is also a old method to pay, everything is gonna be digital in the future.
Yes bitcoin is really a good transaction medium, but I think the main reason is that the new generation is interested in online buying and selling and the governments are also now thinking about to issues a online currency so as to facilitate their people according to the need of the modern time.Firstly you can not lose it at all so that is the first sweet reason why its better.
Another reason is due to the fact its much safer, you can get robbed and mostly if people break in your house there is nothing weird, no cash.
I think cash is also a old method to pay, everything is gonna be digital in the future.
with bitcoin you just need buy bitcoin from someone near you and spend it online .
Well in my opinion the bitcoin has a lot of advantages if you compare it with the normal cash in real life.
Firstly you can not lose it at all so that is the first sweet reason why its better.
Another reason is due to the fact its much safer, you can get robbed and mostly if people break in your house there is nothing weird, no cash.
I think cash is also a old method to pay, everything is gonna be digital in the future.
Yes bitcoin is really a good transaction medium, but I think the main reason is that the new generation is interested in online buying and selling and the governments are also now thinking about to issues a online currency so as to facilitate their people according to the need of the modern time.Firstly you can not lose it at all so that is the first sweet reason why its better.
Another reason is due to the fact its much safer, you can get robbed and mostly if people break in your house there is nothing weird, no cash.
I think cash is also a old method to pay, everything is gonna be digital in the future.
with bitcoin you just need buy bitcoin from someone near you and spend it online .
Well in my opinion the bitcoin has a lot of advantages if you compare it with the normal cash in real life.
Firstly you can not lose it at all so that is the first sweet reason why its better.
Another reason is due to the fact its much safer, you can get robbed and mostly if people break in your house there is nothing weird, no cash.
I think cash is also a old method to pay, everything is gonna be digital in the future.
Yes bitcoin is really a good transaction medium, but I think the main reason is that the new generation is interested in online buying and selling and the governments are also now thinking about to issues a online currency so as to facilitate their people according to the need of the modern time. Firstly you can not lose it at all so that is the first sweet reason why its better.
Another reason is due to the fact its much safer, you can get robbed and mostly if people break in your house there is nothing weird, no cash.
I think cash is also a old method to pay, everything is gonna be digital in the future.
Bitcoin will replace cash in the near future. We are living in the digital world and everybody are now using smart devices.
that is a good condition to help us use bitcoin as cash. payment online by bitcoin is very useful and fast. it helps us save time and money.
We do not wait for long time to accept payment as like traditional currency. I like bitcoin very much.
I don't see that happening in the future, bitcoin will still be the best alternative for cash. The government will always pursue to let us use our own currency and since we are oblige to follow the rules, they can easily make a rule about bitcoin and will force us to patronize our own. It's the weakness of bitcoin when it comes to government interference as bitcoin is decentralized.that is a good condition to help us use bitcoin as cash. payment online by bitcoin is very useful and fast. it helps us save time and money.
We do not wait for long time to accept payment as like traditional currency. I like bitcoin very much.
Bitcoin being decentralized isn't a weakness to governments, it's a strength against them. It means there's nothing they can do. That's the beauty of it. They can try to fight it, but they would be smarter to support it, which is also scary at the same time because of the potential that this technology has. I personally think bitcoin will lead us to a financial revolution the world has yet to see.
They could just pour some money into Bitcoin mining and then deliver a 51% attack easily crushing and crashing Bitcoin. It is not as decentralized against government as we would like it to think. The government does nothing against Bitcoin right now only because Bitcoin is too small a dot on their early warning radar. If it grows stronger and bigger, they may have to reconsider their current attitude toward Bitcoin.
The 51% attack isn't as simple as gaining 51% of the network and then magically all of bitcoin goes crumbling to the ground. There is a good article explaining why somewhere on CoinDesk, but basically the worst that could happen if someone were to spend the insane amount of resources to carry out this attack, wouldn't be all too bad, and wouldn't be too difficult for "the people" to regain control.
i think maximum people like bitcoin for as investment they save bitcoin for long time and wait for until increasing its price to higher , and maximum business are digital and they accept currency online so we can pay easily through bitcoin and its transaction is much more better, i think its the main reason.
Bitcoin will replace cash in the near future. We are living in the digital world and everybody are now using smart devices.
that is a good condition to help us use bitcoin as cash. payment online by bitcoin is very useful and fast. it helps us save time and money.
We do not wait for long time to accept payment as like traditional currency. I like bitcoin very much.
I don't see that happening in the future, bitcoin will still be the best alternative for cash. The government will always pursue to let us use our own currency and since we are oblige to follow the rules, they can easily make a rule about bitcoin and will force us to patronize our own. It's the weakness of bitcoin when it comes to government interference as bitcoin is decentralized.that is a good condition to help us use bitcoin as cash. payment online by bitcoin is very useful and fast. it helps us save time and money.
We do not wait for long time to accept payment as like traditional currency. I like bitcoin very much.
Bitcoin being decentralized isn't a weakness to governments, it's a strength against them. It means there's nothing they can do. That's the beauty of it. They can try to fight it, but they would be smarter to support it, which is also scary at the same time because of the potential that this technology has. I personally think bitcoin will lead us to a financial revolution the world has yet to see.
They could just pour some money into Bitcoin mining and then deliver a 51% attack easily crushing and crashing Bitcoin. It is not as decentralized against government as we would like it to think. The government does nothing against Bitcoin right now only because Bitcoin is too small a dot on their early warning radar. If it grows stronger and bigger, they may have to reconsider their current attitude toward Bitcoin.
Where do they get the money?
Bitcoin will replace cash in the near future. We are living in the digital world and everybody are now using smart devices.
that is a good condition to help us use bitcoin as cash. payment online by bitcoin is very useful and fast. it helps us save time and money.
We do not wait for long time to accept payment as like traditional currency. I like bitcoin very much.
I don't see that happening in the future, bitcoin will still be the best alternative for cash. The government will always pursue to let us use our own currency and since we are oblige to follow the rules, they can easily make a rule about bitcoin and will force us to patronize our own. It's the weakness of bitcoin when it comes to government interference as bitcoin is decentralized.that is a good condition to help us use bitcoin as cash. payment online by bitcoin is very useful and fast. it helps us save time and money.
We do not wait for long time to accept payment as like traditional currency. I like bitcoin very much.
Bitcoin being decentralized isn't a weakness to governments, it's a strength against them. It means there's nothing they can do. That's the beauty of it. They can try to fight it, but they would be smarter to support it, which is also scary at the same time because of the potential that this technology has. I personally think bitcoin will lead us to a financial revolution the world has yet to see.
They could just pour some money into Bitcoin mining and then deliver a 51% attack easily crushing and crashing Bitcoin. It is not as decentralized against government as we would like it to think. The government does nothing against Bitcoin right now only because Bitcoin is too small a dot on their early warning radar. If it grows stronger and bigger, they may have to reconsider their current attitude toward Bitcoin.
Bitcoin will replace cash in the near future. We are living in the digital world and everybody are now using smart devices.
that is a good condition to help us use bitcoin as cash. payment online by bitcoin is very useful and fast. it helps us save time and money.
We do not wait for long time to accept payment as like traditional currency. I like bitcoin very much.
I don't see that happening in the future, bitcoin will still be the best alternative for cash. The government will always pursue to let us use our own currency and since we are oblige to follow the rules, they can easily make a rule about bitcoin and will force us to patronize our own. It's the weakness of bitcoin when it comes to government interference as bitcoin is decentralized.that is a good condition to help us use bitcoin as cash. payment online by bitcoin is very useful and fast. it helps us save time and money.
We do not wait for long time to accept payment as like traditional currency. I like bitcoin very much.
Bitcoin being decentralized isn't a weakness to governments, it's a strength against them. It means there's nothing they can do. That's the beauty of it. They can try to fight it, but they would be smarter to support it, which is also scary at the same time because of the potential that this technology has. I personally think bitcoin will lead us to a financial revolution the world has yet to see.
We are far away bitcoin will dominate the world. Banks will fight it and their plans include creation of their coins using centralized blockchains. Till now banks and governments follow "wait and see" strategy because bitcoin supporters are a small percentage compared the worldwide population. Banks will not keep their fingers crossed if they see a mass people's adoption to crypto - currencies.
There are a countless number of reasons why bitcoin is superior that I'm sure have all been aforementioned here.
You are probably looking only at one page of the book, cash is always better than bitcoin if you have to consider all the factors (strength and weaknesses), we may be bias since we are in the crypto, so we chooses bitcoin blindly. But admit it, we cannot live without cash using bitcoin alone.Well of course right now cash is better, it's what everyone uses. Of course we cannot live without cash using bitcoin alone. Not yet at least
Yes cash is better so far today because we don't have choice but to keep on using it for our daily lives since bitcoin is not yet accepted globally we can just simply use our bitcoins and exchange it to fiat after it. But in the future many are speculating and saying that cashless society will happen and the medium to be used as main currency will be bitcoin.
Bitcoin is important than cash because aside from cash it can be use for other purposes like paying some other obligation that loading directly to the mobile phone numbers while in cash it is hard because we go to places like store to pay but otherwise cash also is very important to the people in offline payments. Bitcoin is a principle of online payment transaction without filling out an online account for fiat deposits, btc can be directly converted to fiat and do online transactions.
I would say that both of them are important. You need to realize on how it is important to have cash because there are communities that aren't yet accepting and doesn't have knowledge about bitcoin. So by means of cash, they can keep on trading and have their transactions without any problem, that's the reality so far.
Even though that is already happening that there are places and people who are accepting payments by means of bitcoin. But we must be open minded that we need to keep on using cash because it is necessary. We will see on how far bitcoin can make in terms of financial services when there are big countries will endorse and adopt it.
Only time will tell, but I'm excited for the future for bitcoin.
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