Topic: Why Cash is better than Bitcoin. - page 112. (Read 99328 times)
Cash is always going to be the easiest way to pay for small things, I don't want to go to a store, buy a pack of gum and have to pay in bitcoins unless in the future bitcoin becomes so normal that new forms of payment that are fast enough are implemented. I mean right now you can pay with your credit card for almost anything so the same could happen with bitcoin.
Cash is better because there are no taxes for exchanging currencies, but there is a tax on buying Bitcoin in many countries. Also, Bitcoin can also be classified as an investment which means you have to pay taxes on your gains, but in most countries, you can't compensate a portion of the losses from your taxes even tho it is available for traditional investments. Just something to think about.
Cash is better than Bitcoin as it is accepted everywhere but Bitcoin has much lower acceptance. Transactions in cash don't charge you any transaction fees but transaction of Bitcoin charge high fees. Government can regulate the circulation of cash so it's not that volatile. This provide paper currency stability which makes it better than bitcoin and you can see why cash is preferable than bitcoin.
Cash is obviously better than bitcoin. You can't always use bitcoin to buy stuff. Now some people will say that to Buy online stuff bitcoin is more useful. But if we look at which is more essential then we buy stuffs offline much more than we buy stuffs online. And so cash is really important for basic necessities. And cash is much easier to be used to buy stuff. Like there is no confirmation period or something . And even extra taxes kind of things.
Because cash is better than bitcoin because cash can be anytime we use offline and transfer invidu, and cash cas fixed on our fiat value and not too worried when compared with bitcoin
There are some reason that money is superior to bitcoin. Like No fees,anyone can comprehension of the estimation of payment,cash not diminishing in cost while bitcoin encounter and so forth.
Cash is still better than bitcoin in terms of some services.Though it still require fees,cash can still be used anywhere with ease unlike bitcoin that you still need to convert because there are just few shops that are accepting it.But i think that bitcoin will reach the point of acceptance all over the world as the technologies improves.
Sites like cheapair.com, bitrefil.com, purse.io and many sites accepts bitcoin in Ecommerce or others. However, we have payment option as fiat and paypal as well. Even in physical stores also fiats are widely accepted. Bitcoin needs to be adopted as legal currency in your country to use it. Then bitcoin would be better than fiat money.
It is like you are asking a question like this .
Why water is better than food ?
1- Because water fill your thirsty 100% .
- But there is another side if water is filling your thirsty . food is the one ending your hunger
.
Until the moment BTC can be printed out on coins . Fiat will remain > BTC offline but the other side is BTC is way > fiat online . So it is totally 2 different sides .
Why water is better than food ?
1- Because water fill your thirsty 100% .
- But there is another side if water is filling your thirsty . food is the one ending your hunger
.Until the moment BTC can be printed out on coins . Fiat will remain > BTC offline but the other side is BTC is way > fiat online . So it is totally 2 different sides .
There you go, kiddos!
Bitcoin and our current fiat currency, at least as of this time, seem to be both useful but mostly in two different context. Yes, bitcoin is a promising technology but you cannot simply use it anywhere and anytime you want. Bitcoin is a digital currency. Fiat is the hard money that we use when buying hard goods face to face without using the internet such as when you are buying from a stall beside the street.
Whether one will eventually replace the other, we cannot tell for now. So far, both are existing and are serving us well.
Cash can't be used online. It's impossible.
Cash on delivery payment option fit at 100% in it.
Call to Your local Take Away and ask, if COD is OK as payment, to try.
For now cash is good in terms of actual trading or actual buying of items also some people were not knows the using of bitcoin while cash since we birth this is the primary needs of all people. That's why cash was more famous.
How do you trade with cash?
Cash is still better than bitcoin in terms of some services.Though it still require fees,cash can still be used anywhere with ease unlike bitcoin that you still need to convert because there are just few shops that are accepting it.But i think that bitcoin will reach the point of acceptance all over the world as the technologies improves.
I haven't heard of any shops business vending machine requiring a fee to accept cash payments.
Where have you ever heard of a fee to pay in cash?
you have a cash on hand and you can buy anything you want
in bitcoin it is virtual currency. right now there is only limited merchant store that you can purchase using your bitcoin.
in bitcoin it is virtual currency. right now there is only limited merchant store that you can purchase using your bitcoin.
That is right, cash can be used online, the same as bitcoin, bitcoin may have the upper hand in terms of privacy but cash is easier and efficient than bitcoin. The same as cash, we send bitcoin online, but with cash you know that it will be sent before or after the expected time, in bitcoin, unless you give a good fee, you will not be receiving the coins even for a month.
Cash can't be used online. It's impossible.
Quote
In economics, cash is money in the physical form of currency, such as banknotes and coins.
as the technologies improves.
What technology You they need?
Retailers have no fun to deal with it.
Cash is still better than bitcoin in terms of some services.Though it still require fees,cash can still be used anywhere with ease unlike bitcoin that you still need to convert because there are just few shops that are accepting it.But i think that bitcoin will reach the point of acceptance all over the world as the technologies improves.
Cash is better than Bitcoin because transaction in cash require no fees and no confirmation time.
Cash can be used offline and it is more stable than butcoin.
Cash can be used offline and it is more stable than butcoin.
The reason behind that obviously is cash or fiat have requirements if you are gonna use it all people can use it kids, adult, poor or rich because of that fiat is a lot better than bitcoin but in bitcoin, bitcoin have a price instability which is that is good for investment and you can send money everywhere.
For now cash is good in terms of actual trading or actual buying of items also some people were not knows the using of bitcoin while cash since we birth this is the primary needs of all people. That's why cash was more famous.
Other than these reasons, I don't see any reason as to why Cash is better than bitcoin.
Try to ask some Retailer, what he think about adopting +/- 15-30-50 % at Day volatility payment unit instead of US $ or Euro and tell him about confermations time.
Because you need to have a device connected to internet to transfer bitcoin. But you don't need a device, internet or even electricity to pay or receive cash. It is as simple as giving or handing it to others just like that! Also Cash is accepted in more placed and organizations than Bitcoin. Other than these reasons, I don't see any reason as to why Cash is better than bitcoin.
you have a cash on hand and you can buy anything you want
in bitcoin it is virtual currency. right now there is only limited merchant store that you can purchase using your bitcoin.
in bitcoin it is virtual currency. right now there is only limited merchant store that you can purchase using your bitcoin.
That is right, cash can be used online, the same as bitcoin, bitcoin may have the upper hand in terms of privacy but cash is easier and efficient than bitcoin. The same as cash, we send bitcoin online, but with cash you know that it will be sent before or after the expected time, in bitcoin, unless you give a good fee, you will not be receiving the coins even for a month.
What are the reasons, why people use Cash or Credit Cards / ATM / Banks?
* Work offline 100%
* No fees.
* Accepted for Food Shopping & Micropayments
* 0 confermations time
* 0 exchange risks
* anyone is able to understanding of the value of payment
* Work offline 100%
* No fees.
* Accepted for Food Shopping & Micropayments
* 0 confermations time
* 0 exchange risks
* anyone is able to understanding of the value of payment
Hard to ignore these benefits of cash, and this is true for the majority of the planet. But I think the core concepts of alternative cash, Bitcoin for example, is not really to replace cash but to open more access to things cash cannot do.
* Cash cannot be easily or without risk be sent across countries or even cities.
* I cannot confirm you have enough cash in your wallet to pay for a service.
* I cannot guarantee if you send me cash you will take it back.
* I cannot easily check to see if your cash is good, or guarantee my bank will accept your cash.
There is also a fee in cash.But for now,cash is better than bitcoin because it is globaly use and it is legal all over the world but as the technology improves,maybe there will be a revolution of cryptocyrrency and it will be globaly use instead of cash because cash requires some materials that are decreasing.But still for now cash is better than bitcoin.
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