Do you prefer having Crypto currency or cash?

[Heatman]

I don't really like to hold cash ,I prefer having my money at the bank or in cryptocurrency because this will enable me to spend less money on things I don't need.. ultimately it increases my savings and eventually investments as well.

On a second thought, I wouldn't like to keep my money in the bank account for saving sake if I'm not too extravagant in spending. Banks will keep cutting off charges from the money I saved but I won't cut myself charges if I save it by myself.

 

[Doradorwa]

Both crypto and cash...i always want to have them at hand... Cash value is depreciating everyday so is cryptocurrencies but cryptocurrencies still have more hope than my country currency... I only hold hard cash for stuffs but most of my remaining money goes into cryptocurrencies.

 

[jimmann247]

Well that's your own, you prefer having cash because is easy for you to spend, but me I prefer having crypto because I want save and earn, if I have my money in crypto, it will be save and at the same time give me more value. So with that reason I prefer having crypto.

 

[Lyrrex]

If I'm to choose any of this one I would like to have a cryptocurrency than to have a physical cash because I save most of my money in cryptocurrency that is why anyone that is paying me in cryptocurrency I appreciate it more than the physical cash or bank transfer.

 

[Sana Diyar]

The latest buzz word, in the world of digital currency, is Bitcoin.

Bitcoin is nothing but a virtual currency or a medium of conducting digital transactions, just like any other digital currency. So what make it better than our conventional currency?

Lately, the global interest in bitcoins has grown. So, it becomes extremely important to understand the base of this and all other forms of virtual currencies. Bitcoin, and its alternatives are all based on cryptographic algorithms which are encrypted. This makes the currency decentralized giving ownership to the user.These can be purchased through an online exchange or a Bitcoin ATM.

 

[springtech]

Today is a modern world, everything around us is getting modern and digital. Even the currency. It's beneficial having digital currency specially for those who like to trade or have online business.
Since I don't have any online business or trading account I prefer having cash. It's easy for daily use. Can crypto currency be beneficial for me without having online business.
What's your thoughts on that? Guide me more.

For me, it's Bitcoin any day any time. Fiat money can either remain the same (stable) or depreciate but bitcoin has the potential to appreciate even though we know it is highly volatile.
And that is what even makes it interesting. The volatility.

You can make money from the volatility either to the upside or to the downside.

Especially if you are a trader.
It's bitcoin or nothing.

 

[Olahab]

Lately, the global interest in bitcoins has grown. So, it becomes extremely important to understand the base of this and all other forms of virtual currencies. Bitcoin, and its alternatives are all based on cryptographic algorithms which are encrypted

 

[Sotherefore]

I prefer to be paid in cryptocurrency all the time the reason I like cryptocurrency mode of payment is because all my financial assets is save in cryptocurrency which will help me to save it more than paying in physical cash or any other mode of payment.
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I prefer to be paid in cryptocurrency all the time the reason I like cryptocurrency mode of payment is because all my financial assets is save in cryptocurrency which will help me to save it more than paying in physical cash or any other mode of payment.

 

[Nabeel119]

Bitcoin is digital and decentralized – With Bitcoin people get the liberty to exchange value without intermediaries which translate to greater control of funds and lower fees. It's faster, cheaper, more secure and immutable. Cash is controlled by banks while bitcoin has owners.

 

[Dorcey]

I prefer having cryptocurrenies. Having cash wont add value because cash yields little or no interest. But cryprocurencies may increase due to its volatility. And this may make the money increase incredibly.

 

[Abelcairo43]

Bitcoin is digital and decentralized – With Bitcoin people get the liberty to exchange value without intermediaries which translate to greater control of funds and lower fees. It's faster, cheaper, more secure and immutable. Cash is controlled by banks while bitcoin has owners.

 

[Nicklas22]

I prefer having cash because the value of cash in your hand or bank account don't just reduce but when the rate of a crytocurrency fall your money will be reduced or you might even end up losing everything, but also the rate can increase but I prefer cash

 

[Peppul]

Bitcon is more preferable than cash, why? Below are few benefits of using bitcoins which makes it batter than any conventional currency.
1. Bitcoin is digital and decentralized. With Bitcoin people get the liberty to exchange value without intermediaries which translate to greater control control of funds and lower fees. It's faster, cheaper, more secure and immutable. Cash is controlled by banks while Bitcoin has owners.
2. Ease of online shopping. As we already know, Bitcoin can help us do online shopping, it's like an ewallet which can be created by blockchain technology to store, track and spend digital money.
3. Less volatile than cash. Bitcoin has a global acceptance and is less volatile than cash or local currency. Due to this feature, it becomes easier to conduct transactions across boundaries and online.
4. Great tool for investment. Bitcoin can be used all over the world without going through a conversion process. It is considered at par with gold and combines the best of cash and gold while providing n open market and no restrictions imposed by banks or government.

 

[Ebensco]

Buying of goods using cryptocurrency in the public market or through 'offline' isn't really available. So having cash is still important. Though I think there are some sites that accepts it. But I like having crypto so I could trade it.

 

[Ralphjoe]

I prefer having cryptocurrency with me rather than cash because with cryptocurrency in my hand there is a tendency of the value of that cryptocurrency rising beyond what I have but with cash the value remains the same. Cryptocurrency is not being affected by inflation but cash is being affected by inflation.

 

[Henrywrites]

When it is for investment purposes, I prefer to have it in Bitcoin, but when it comes to running day to day activities, cash is preferable. There are times that you may find it difficult to sell your Bitcoin for cash and that is where challenge will happen especially when you are looking at how you can solve a particular financial problem.

 

[jenlynberjuega01]

In today's world the cryptocurrency dominates all. But it has a security issues. But I do prefer using crypto when using online transaction because it is hassle free transaction. I also prefer cash when I go to the mall and purchase something. Because you can never know there is a hacking device near you.

 

[Heatman]

Well that's your own, you prefer having cash because is easy for you to spend, but me I prefer having crypto because I want save and earn, if I have my money in crypto, it will be save and at the same time give me more value. So with that reason I prefer having crypto.

Exactly, if you want to keep earning money from investing the money which you have already, then it's paramount to have more money invested in cryptocurrency than you having it available in cash. It's far more better in cryptocurrency because you can hardly spend it.

 

[Obaterof]

Due to the unique nature of virtual currencies, there are some inherent advantages to transacting through bitcoin over fiat currencies. Although over a decade old, the digital currency landscape is constantly changing, with most tokens being untested as a medium of exchange, and users should be careful to weigh their benefits and risks. That said, bitcoin is designed to offer users a unique set of advantages over other payment methods.

 

[Jlife]

Although most of the time I prefer to be paid in cryptocurrency but there are some time that I will need to be paid in cash because I need the money urgently and I want to use it that is the reason I like to be paid in cash sometimes, it depends on what circumstance you are.
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Although most of the time I prefer to be paid in cryptocurrency but there are some time that I will need to be paid in cash because I need the money urgently and I want to use it that is the reason I like to be paid in cash sometimes, it depends on what circumstance you are.