Topic: Why Cash is better than Bitcoin. - page 110. (Read 99328 times)

I think maybe your bitcoin could be stolen due to hacking. But that rarely happens if you use more security in bitcoin. I think for now cash is better than bitcoin to do spending. For other things I think bitcoin and cash beat each other

Probably the most basic thing is speed. No time spent on translation from bitcoin and all that. This is very convenient, because bitcoin is still not available anywhere.

Cash can be used anytime and anywhere you go. You wont need internet or go online for you to use cash. But still bitcoin cannot be compared to cash because it has different features.

The best reason  i think why people thinks and use cash more frequently than bitcoins is for faster deals now and for fast money,bitcoins transactions now are taking too long so i think cash is better now

Yes my friend, you have a point, but fiat is fiat. If bitcoins really do become physical, and the value would be in terms of gold and silver, (like btc and satoshi in physical form) it can be a great start. Plus it will also be available offline and online, and the good thing about this will be that the banks wont have to work their ass off to get rid of bitcoins coz they'd be able to control a bit of the whole system,(better than no control at all I think) coz if worse gets to worse, where people's minds are widely opened and chooses bitcoins because the confirmation issues have been fixed and other minor issues except offline trading, most of the crowd will be transacting online more than offline. Coz let's face it, we are everyday getting more and more advanced in terms of technology, and soon internet access will be everywhere even in the poorest countries which may take some time but is never impossible to happen. And when that time comes, and bitcoins have less issues than what they have today, then I'd be damned if people would still prefer to using fiat on transactions that are already bitcoin friendly. Now, with that being said, the banks will be pushed to the wall and have no more choice but to adapt to the bitcoin's demand and do everything just to survive.
Just look at it like this pal, if the surroundings of the habitat of and individual changes negatively,then the individual should adjust and adapt to the envoronent for it to survive. And that is what i think the banks will do somesay in the future

Wel... cash is better because it is accepted in all stores and such. But bitcoin is better as an investment or to hold value. You can convert them to cash quite easily too. At least where I live.

Many are using Bitcoin as a store of value and couldn't give a shit about, exchange rates, buying food, bla bla bla. Neither do I and I have to say laughed aloud at your title.

Because it's easier to use for average people and faster (requires no confirmation). The negative side it can't be used on online shopping

Yes very clear why cash money is better than bitcoin.
Because at this time not many people know about what is bitcoin and how to use it and what it does.
And most people do not want trouble with transactions that use bitcoins, so they choose to use cash money to transact.

Maybe I miss the point of what the OP wants to achieve with this thread. But I think he missed the point with his comparison of cash and Bitcoin by saying cash or credit card works offline 100%. That's not true because there's no ATM that works without an internet access. Also, fees are charged when one makes withdrawals through an ATM. Confirmations are made too when one withdrawals huge amount of cash over the counter. For me, Bitcoin provides an almost seamless transaction when compared to fiat.

Yes you can find money in the streets but have you ever seen it grow into this kind of amount in value?
It will stay like that or if it does hits a good value it will just be cents. Not thousands of dollars.

I've found money lying in the streets and in my couch, but yet to find any bitcoins. In fact, I've lost private keys to at least three bitcoin wallets and I watch in dismay as their value increases, knowing fully well that I will never have access to them even when they eventually hits one million usd for one bitcoin.

The fiat is much better to use at this time compare to bitcoin. More stores and people want to accept the cash because of popularity and most demand. And because cash is there before bitcoin come, cash is can easily use to buy other things. More people used the cash especially the poor people. And bitcoin may offer to those who have an idea and internet, unlike poor people that know a job are farming or etc. that want a cash I'm sure.

It is because also the population of bitcoin, it is too small compare to the user of other currency. And that other currency is popular than bitcoin.

Bitcoin is still not used to cheap goods such as t-shirts and daily necessities. Bitcoin is still friendly for transactions above $ 100. The future world will continue to search for the most effective resources, bitcoin is an endless source, unlike metal, paper and gold. Currently cash is still better in the human mindset.

Agree and cash has no requirements to used unlike bitcoin if you do not have gadgets and internet you can not able to have and used bitcoin, that was the main disadvantage of bitcoin but in terms of investment much bigger income go to bitcoin.

The reason is every one knows the value of cash and they can hold it. Every one use it to everything they want. Zero fees, no need internet to use it, all business establishment accept the payment of cash even on board on the car, bus, ship or any means of transportation. In bitcoin you didn't do that.

Because some stores and company didnt know bitcoin.And some government banned bitcoin in their particular country.And they only prefer cash,also in some company they prefer cash,because they didnt want bitcoin.

It is like having ATM Card it more secure holding money into this form. It avoids on being hold up by strangers but the thing is not every one usses it and not every store accept bitcoin for their transaction but you know what I can use it in my wallet because of its feature of connected to an online credit card where in I can use to anywhere I want and any transaction I want. It is a virtual credit card account which I can use on with bitcoin amount.
But cash is more useful then.

-* Someone can beat you and take your money.
-* Requires counting.

Cash and bitcoin money is just as important to me as cash is very useful if you shop directly in stores or restaurants where you will pay if using bitcoin is not possible because they will only accept cash or atm, or you are in an area that does not exist Its internet connection like where to use bitcoin for your purchase, in contrast to online shopping if shopping sites that receive bitcoin payments, or in the virtual world that has now many who are allowed to purchase using bitcoint