Really fun to read and really shows how ignorant are people.
Cash is 10 times worse that bitcoin in any aspect and yet still most people have hard time accepting bitcoin just because it's something new. And people tend to be ignorant to new stuff until it hits them in the face...few times.
http://www.coindesk.com/cash-invented-seen-media-today/Those arguments seem ridiculous.
Cash: immediate /
BTC : unrealistic for any daily transaction due to wait times that could take up to an hour or more.
Cash: a dollar is worth a dollar and always will be in your own country /
BTC : $1400 one day, $700 the next totally volatile.
Cash: "bills only come in fixed denominations, requiring users to maintain a large number of these pieces of paper that must be aggregated to execute a transaction and then re-aggregated to ‘make change’"
Solution: We call it a bank card. No change necessary.
BTC on the other hand would require you to look at the daily value of the coin and then perform a mathematical formula to determine the price. A pack of gum for $1.00 CASH might be 0.001 BTC but when you are purchasing it, you're more easily going to identify if the price is reasonable by comparing $1.00 to $1.75 for the same pack of gum elsewhere.
If you're buying a car, the price tag of $14,000 compared to the dealer down the street of $15,899 is easy to compare, it's easier to deal with issues of monthly payments in dollar amounts, it's easier to transact with your bank in dollar.
Purchase a car with BTC and you'd have to first look at the value of the coin. Did Gox take yet another shit on the economy and the price fell to $557 from $750 the week before? If so, that new car is probably no longer going to be listed for 19 BTC - the dealer would change the price. You'll never find any merchant going to lock in the price at a set amount in BTC.
The daily dollar is always going to be a dollar in your own country. BTC will not.
Security issues are also laughable. You carry a bank card and keep the PIN # in your head. Your bank account insured against losses (in Canada it's the CDIC). Even credit cards with their evil interest rates will offer protection against unauthorized use in the form of filing a dispute and issuing a chargeback. Once you've sent a BTC to someone, make a single error (eg. 10 instead of 1.0 BTC) and there's no way you'll ever see those coins again - no agency to report it to.
I'm all for BTC as an investment, but whenever someone tries to portray cash as being evil and BTC better, it's really living in a world of illusion and fantasy. Cash will always be superior. Four years old now and how many places are BTC/LTC accepted at? Slim to none and destined to remain that way.
“I just don’t understand why there is nobody that I can call to reinstate my ‘cash’ if I lose it,” says Mike Smith, a businessman from Toledo. “What type of idiotic wealth and payment system doesn’t maintain transaction and ownership records?”
Clearly Mr. Smith needs to learn how to use a bank statement and pay stubs. The ownership and transactions are as plain as day. As for reinstating cash, may as well hope for a way to reinstate your television if it gets 'lost' as well since we're putting no ownership on the person that carries around mass amounts of paper money.