Why Cash is better than Bitcoin. - page 104.

Xester

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Quote from: dynospytan on July 13, 2017, 08:41:50 AM

Why cash is better than bitcoin because when it comes in bitcoin, you cannot use bitcoins when it comes in purchasing from the market unless you exchange your bitcoin into cash. While in cash you can purchase anything you want to buy. But some store are accepting bitcoins but they are few.

Plus the fact that still there were many countries who are not into technology and not modernized so cash is better than bitcoins for them. And as you said bitcoins is a digital currency so definitely, you cannot use it whenever there is no electricity unlike cash. Everything and anything can be bought by cash. And withdrawing is not a problem since there are many atm.

dynospytan

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Why cash is better than bitcoin because when it comes in bitcoin, you cannot use bitcoins when it comes in purchasing from the market unless you exchange your bitcoin into cash. While in cash you can purchase anything you want to buy. But some store are accepting bitcoins but they are few.

Bagaji

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Although credit cards and ATMs transactions have zero confirmation time but there are a lot of charges for using either credit cards or ATMs. Bank equally has its own negative effects on cash deposits such as service charges and poor network services particularly in my country.

Oceat

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Quote from: Humanxlemming on July 13, 2017, 05:46:46 AM

Well it is simply that cash really works offline and it is the traditional way. This is the way of trading where we became dependent to it. Having a cash in real life is the traditional way of living, means that every people used that especially our elders. But bitcoin is the new money or new currency. But I think we need to cope in the future. And this is the future, this is bitcoin. The next generation of currency.

As for now cash is better than bitcoin because you can use cash anytime you want and it's so easy to bring with just your wallet.
If people are really want to use bitcoin in the future as for their daily needs such as riding: bus, train, plane, ship etc., then i think we need some kind of a bank for our bitcoin that can easily be used for our everyday needs.

Humanxlemming

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Well it is simply that cash really works offline and it is the traditional way. This is the way of trading where we became dependent to it. Having a cash in real life is the traditional way of living, means that every people used that especially our elders. But bitcoin is the new money or new currency. But I think we need to cope in the future. And this is the future, this is bitcoin. The next generation of currency.

laurynasc111

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Quote from: favila on July 13, 2017, 05:32:42 AM

Quote from: Kronos21 on July 13, 2017, 05:26:45 AM

Quote from: laurynasc111 on July 13, 2017, 05:14:36 AM

Well this is kind of off-topic, but using Bitcoin is actually beneficial... Let me explain:

1. As you all know physical cash is made out of materials like paper (I am not talking about digital cash which is stored in banks or on credit cards), to get that paper you actually have to cut trees, this is not that good for the environment, Bitcoin doesn't have any physical cash, it is stored digitally and you can use a Bitcoin wallet on a phone, a phone can be powered by solar panels or renewable energy.

2. Physical cash carries lots of bacteria, diseases, by using digital money you can prevent epidemics.

Of course I am talking about paper money, not money made from metals.

Lol. It is only counterfeiters print money on paper. The government prints money on the fabric. So they are not afraid of the water and on banknotes has villi. As for the microbes the scientists conducted hundreds of experiments and came to the conclusion that the money cannot be infected. Unless of course you are going to handle biological weapons.

Yeah I've never once heard of anyone getting sick from cash and would never use this argument to try to promote bitcoin, its just ridiculous...

I didn't use this argument to promote Bitcoin, this is just my personal opinion.

favila

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Quote from: Kronos21 on July 13, 2017, 05:26:45 AM

Quote from: laurynasc111 on July 13, 2017, 05:14:36 AM

Well this is kind of off-topic, but using Bitcoin is actually beneficial... Let me explain:

1. As you all know physical cash is made out of materials like paper (I am not talking about digital cash which is stored in banks or on credit cards), to get that paper you actually have to cut trees, this is not that good for the environment, Bitcoin doesn't have any physical cash, it is stored digitally and you can use a Bitcoin wallet on a phone, a phone can be powered by solar panels or renewable energy.

2. Physical cash carries lots of bacteria, diseases, by using digital money you can prevent epidemics.

Of course I am talking about paper money, not money made from metals.

Lol. It is only counterfeiters print money on paper. The government prints money on the fabric. So they are not afraid of the water and on banknotes has villi. As for the microbes the scientists conducted hundreds of experiments and came to the conclusion that the money cannot be infected. Unless of course you are going to handle biological weapons.

Yeah I've never once heard of anyone getting sick from cash and would never use this argument to try to promote bitcoin, its just ridiculous...

Kronos21

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Quote from: laurynasc111 on July 13, 2017, 05:14:36 AM

Well this is kind of off-topic, but using Bitcoin is actually beneficial... Let me explain:

1. As you all know physical cash is made out of materials like paper (I am not talking about digital cash which is stored in banks or on credit cards), to get that paper you actually have to cut trees, this is not that good for the environment, Bitcoin doesn't have any physical cash, it is stored digitally and you can use a Bitcoin wallet on a phone, a phone can be powered by solar panels or renewable energy.

2. Physical cash carries lots of bacteria, diseases, by using digital money you can prevent epidemics.

Of course I am talking about paper money, not money made from metals.

Lol. It is only counterfeiters print money on paper. The government prints money on the fabric. So they are not afraid of the water and on banknotes has villi. As for the microbes the scientists conducted hundreds of experiments and came to the conclusion that the money cannot be infected. Unless of course you are going to handle biological weapons.

laurynasc111

member

Activity: 60

Merit: 10

Well this is kind of off-topic, but using Bitcoin is actually beneficial... Let me explain:

1. As you all know physical cash is made out of materials like paper (I am not talking about digital cash which is stored in banks or on credit cards), to get that paper you actually have to cut trees, this is not that good for the environment, Bitcoin doesn't have any physical cash, it is stored digitally and you can use a Bitcoin wallet on a phone, a phone can be powered by solar panels or renewable energy.

2. Physical cash carries lots of bacteria, diseases, by using digital money you can prevent epidemics.

Of course I am talking about paper money, not money made from metals.

Natsuu

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★Bitvest.io★ Play Plinko or Invest!

Using cash is limitless like just spend what you have without paying fees and long waiting of transactions. Can be use by everyone in anywhere.

shimbark123

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CryptoTalk.Org - Get Paid for every Post!

I think it is better than bitcoin because it really works offline. Unlike bitcoin, we need internet for us to utilize it. In order for us to use it we need an internet connection. So cash is probably more better than btc. And not all shops accepts bitcoin on their shop.

jc89

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I think it is the convenience. It is easy to use cash than bitcoin but don't get me wrong, I like bitcoin better. Cash is accepted by everyone. There are no establishments that refuse cash. If you want something and you have cash in your pockets you can have it without thinking or asking if the store is accepting bitcoin, or the credit cards you have. And especially for those convenience stores and micro businesses such as variety stores in the neighborhood, the hotdog sandwich stall along the street, you can easily pay them with cash.

Questat

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Quote from: keithers on July 12, 2017, 11:32:27 PM

At this day in age, cash is ABSOLUTELY not better than bitcoin from an investment standpoint, as cash goes literally nowhere. But from a convenience standpoint, cash will almost always be king because it is an accepted form of currency literally almost anywhere. The only place that I have seen recently that actually won't accept cash is a few high end furniture stores. I have no idea why they don't accept cash, but I can confirm that they don't accept it at a few, because I have personally tried.

We can't find the value if we compare two thing with different purpose, bitcoin is an investment while cash is not so in that view we can '
see bitcoin which is more useful. Bitcoin was not primarily created for investment, in fact it's a good tool for payment online which cash can do.
If we will look at the bigger picture, cash is better since it is widely used compared to bitcoin and it is recognize as a legal currency.

FlightyPouch

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Quote from: ?? on ??

Those are all good points but cash can be used for ANYTHING, unlike bitcoin, sadly

That is right, bitcoin has still it's limits on using them, the fact that a small population know about bitcoin means it has a small population of users. If that is the case, there will be some stores accepting bitcoin, but not really so many, they are still a few stores accepting them. But in terms of using them in an investment, I think I will be going with bitcoin.

StevenRA

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Cash advantages--still can be used for more everyday transactions. In most major currencies, they're a more stable store of value than crypto (teams that raised $20 million in Ether last month probably wish they had that in dollar right now). Disadvantage-cumbersome, need to constantly take more out of ATMs, can be stolen.

Credit-- can be used in most daily transactions. Disadvantage--can be stolen, traced, identity fraud, etc.

I think cryptos will get there as far as being viable for purchases and more stable (at least the major ones), but it'll take time. I like the idea of a hybrid, like the Monaco crypto-card.

ploki180

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ATMs and credit cards both have fees (I believe you are joking). It may have zero confirmation time but It's possible to chargeback and get scammed. Lightning Network should give us the ability to make micro-payments and without waiting for confirmations too. Banks control your money, you don't. I see no reason on why fiat is better than bitcoin.

keithers

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This is the land of wolves now & you're not a wolf

At this day in age, cash is ABSOLUTELY not better than bitcoin from an investment standpoint, as cash goes literally nowhere. But from a convenience standpoint, cash will almost always be king because it is an accepted form of currency literally almost anywhere. The only place that I have seen recently that actually won't accept cash is a few high end furniture stores. I have no idea why they don't accept cash, but I can confirm that they don't accept it at a few, because I have personally tried.

Schuyler

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There is no doubt that cash is still more used in most parts of the world and would remain that way for years to come, even if bitcoin or other digital currency becomes a common thing. Our dependence on something tangible will not go away that easily even in these modern times.

LouVandetta

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It might be because cash could be use anywhere on any transactions.
Bicoin also could be uses for many transaction, but it's more like lack of ppl's knowledge of it.

In the real life, cash also the best-est choise to do any kind of activity [sel, buy and stuff like that].

Manuj

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This should be changed to "Why bitcoin is better than cash?"

I bet the answers will be more convincing. The list would also be longer for sure. Grin

Topic: Why Cash is better than Bitcoin. - page 104. (Read 99328 times)