Topic: Why Cash is better than Bitcoin. - page 108. (Read 99328 times)

Yes, still money is better than bitcoin because we can buy any thing any where and any time with money . but this is also a fact that bit coin is making progress rapidly and bitcoin increase its value very very high in a few year s and it will take no long time when every thing will be reachable with bitcoin .

Please don't make it complicated guys,

We all know that our fiat cash is the roots of different digital currency right now if you look at the market caps of every altcoins it has billions of USD in there because some or more than millions of people did invested with it.

Both are beneficial and with that I have no doubt, the main essence of crypto currency is to fasten and lessen the amount of transaction fees that banks and remmitances companies or any other online payment platform that taking advantage of it all this time in sending money in whatever reasons to another people any where in the world.

The same here in my country cash exchanges is better than bitcoin spending for now and with regards of btc payments, it's an optional payments to those who only have personal online wallets; who also uses bitcoin. Cash is better in spending offline payments rather than online transactions that needs internet network. The best thing that only appreciated from bitcoin is, the anonymousity of having transactions and by holding it without transparency to other people.

Because in our country there are no shops where you can pay with bitcoin

It depends on where and what type of service you will do with the use of cash. It also depends on what establishment you will use. For example you have ask a cash loan at the bank. Fees aren't included so with the principal amount of your cash loan, there will be a cut or deduction so there is still fees. Fees are everywhere in this generation.

Yes that could be possible, i think i even heard there are some wallets that are supposed to be used that way, but that is only what i heard. But problem is in that, what if you do not want to trade whole amount of bitcoins from your wallet, but just small amount. In that case you can not give some other person your whole wallet. There are a lot of problems in this time with transferring bitcoins, but i hope it will be solved in near future, and till that day come cash will be better than bitcoin for day to day using.

as you think, cash even better than credit card, but we are living in 21 century, so it's stupid to think like you.

I think, this is impossible.
What is this wonder place, where to go out in cash anonymously?

yes no doubt that bitcoin is more better than cash. i think there are so many reasons for that, that is also right that we can use bitcoin for multiple purposes, like to invest money in bitcoin for trading, for investment for using it as cash, and even for gambling, i think the only advantage of bitcoin is to use it for buying anything where the cash is accepted. but i am hopeful that very soon will also become able to use bitcoin for anything that we want to buy not only online but even in our local shops also.

I think that is possible in case of paper wallet of bitcoin. Suppose a person have his paper wallet and he have that bitcoins in that wallet then he can cash it immediately like other currencies as he will hand over the wallet to the other person if he no more need that address for his use. he will get money in return of that worth of bitcoin in that wallet and he will not need any wait for confirmation.

Its the same as comparing credit cards to cash. At the end of the day though bitcoin could replace a large portion of cash transactions but never fully replace it.

i think we should not compare cash and bitcoin, because currently we are using bitcoin for online purpose and for trading, while cash is using only for payment. and if we still compare both i will say that bitcoin is more better than cash which is really giving us more opportunities of earning, even simply by holding it its value increase and give us good profit. therefore to me i think bitcoin is more better than cash.

Cash vs Bitcoin

I know, that’s not a substantial answer. Even there’s many more shops accept Bitcoin, they are still factions. But there’s some more actually perhaps Bitcoin can do.

Capital Control

There are very few countries having capital control. i.e. there’s limitations on the amount of money you move in or out the countries. Some people who want to move money out of the countries buy bitcoins. They buy bitcoin, transfer it to foreign countries and exchange back to currencies. That’s a gray area activity in many authorities, as many countries still don’t regard Bitcoin as currency. If Bitcoin is officially started as currency, then it’s likely illegal

Hide Wealth

Bitcoin is one of the very good choices here as it’s digital currency. You can store your bitcoin even on a piece of paper or use physical wallet. Some rich people who would like to hide some part of their wealth from bank/security accounts. The Swiss bank was a good option to do it but not anymore. The common way is to put cash or valuable goods or commodities (like the art piece, gold, diamond) but those take-up spaces and you need to find safe space to accumulate them.

Easy Payments

There’s still many people in the world that don’t have bank accounts, while internet access is easier. Bitcoin permit them to pay others easier than bank transfer and credit cards for transactions.

Think we missed something? Let us know in the comments section below.

It has both a good perks having both you can't really compare them both because they are both different kinds of money,
Cash is really good for your daily needs for your food supplies and shopping but in the other hand bitcoin is also good in your long term investment,

In some places is risky to show the possession of such device.

Cash is better than bitcoin because it is way easier to use, i mean it is true that poeple all over thye world are using internet and smart phones and we are going toward a more and more digital world, but that does not ignore the fact that reaching out to your poclet and gettting a dollar bill is mich easier than pulling out your phone trying to figure out the amount that you need to send and conferming the transaction.

Cash is better than Bitcoin because transaction in cash are free and don't require you to pay transaction fees but transaction in Bitcoin charge very high fees and is not as quick as transaction in cash. Moreover cash works just fine offline as well.

Not exactly true but the cash is more popular in this world if you compare to Bitcoin. It has its own value, and we can use cash anywhere without any fear. And we can convert cash to any other country currency in exchange centre. But Bitcoin we can not use like this freely. There is a lot of restriction use bitcoin in real life. End of the day if we want to use bitcoins we must convert our bitcoins to cash

While I must agree with you on the front of that I'd rather be using Cash, these two are things that you're really unable to compare based on the usage of both of them. One of them is for in person usage and the other is a completely online currency which can be monitored with a block-chain, cash doesn't have this 'paper trail' or 'digital footprint' that is present within bitcoin. I may be one of the people to say well OH Cash is easier to use, WHILE that is true they don't even help the same sort of people.

One is going to help the people who want to do safe and secure TX's online, and the other is going to handle all the in person mediums. While Bitcoin would be able to handle cash's role, the congestion would be a bit too much for our network to be able to hold and work with.

Cash is better, in it's own ways.

Thats why people wants cssh over bitcoin. We can hold the cash literally, we can see it physically if we want too. Even we dont have an internet connection we may able to see it and spend it. People are most likely to see things in their eyes not only in their wallets online they want to see it face to face that thing is needed by many newbies and many people that doesnt want bitcoins.