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Topic: Why Cash is better than Bitcoin. - page 115. (Read 99328 times)

sr. member
Activity: 490
Merit: 252
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June 16, 2017, 12:20:46 PM
Especially useful in places like Venezuela! (Coming soon to a country near you!)
Cheesy first answer post nailed it
cash is inflated constantly, Bitcoin is solution to store value!!!




Make the calcolation what happens with $100.000. in 3 days.
sr. member
Activity: 434
Merit: 250
June 16, 2017, 11:58:50 AM
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
I would say work 100% it's the main reason cash is better than bitcoin. Another reason is waiting time there will be hours of delay if we transact very less transaction fees
full member
Activity: 184
Merit: 100
Bitcoin FTW!
June 16, 2017, 11:34:38 AM
Especially useful in places like Venezuela! (Coming soon to a country near you!)
Cheesy first answer post nailed it
cash is inflated constantly, Bitcoin is solution to store value!!!
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
June 16, 2017, 11:32:45 AM
I honestly see no other reason why cash is better than bitcoins other than the fact that it's accepted by everyone. You have cash, you can buy things. You have bitcoins? You'd have to spend hours finding an online seller that accepts bitcoin. You're lucky if you have one in your country. You're even luckier if there's one near your place.
hero member
Activity: 826
Merit: 502
June 16, 2017, 11:09:08 AM
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

There's a lot of reasons why bitcoin is better than cash and limited reasons why cash is better than bitcoin, most of them were already mentioned by you. The actual reason why people are still using cash instead of bitcoin is because they don't know about bitcoins. And even if they do, they still live in a world where cash is mostly used and as humans we have no other choice but to adopt to our environment.

I believe that if bitcoin was the traditional way of having a transaction, then people are going to stick with it and think that cash is totally obsolete. They'd think that cash was in the past and the slavery from the government through the means of tax is already over.
full member
Activity: 420
Merit: 100
June 16, 2017, 10:44:12 AM
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
We can not deny that cash has a lot of benefits in real life but we are in the Age of Internet, we can buy and send payments through Internet and in the future, Internet will be the only way (or the main way) for people to do their daily actions (buy things, buy services, pay bills, etc) so that Bitcoin will be better than cash in the future (not now because of the limitation f the Inter net and its users)
sr. member
Activity: 462
Merit: 250
June 16, 2017, 10:39:31 AM
Cash is more benificial than Bitcoin because of its acceptance. It is accepted everywhere and by everyone. But that not the case with Bitcoin. It's acceptance is way lower than that of cash. Moreover transaction in cash don't charge any transaction fee and also they have zero confirmation time which is better.
sr. member
Activity: 403
Merit: 250
Less is more
June 16, 2017, 10:30:45 AM
At this time of course cash became the tool of payment of the majority in the world. All circles use cash as a means of financial transactions. But bitcoin will continue to grow, although bitcoin market share is only a few percent, but I'm sure the future bitcoin will become a method of payment that is in great demand. Now some aspects have become an important part and not apart from bitcoin.
Yes, i agree 100% with you. Bitcoin with the price always go up, grow powerfully. I never stop believing that someday Bitcoin will become a method of payment that is in great demand like you think bro  Grin
sr. member
Activity: 882
Merit: 269
June 16, 2017, 10:01:29 AM
Because cash is liquid,we can buy directly using cash or fiat. We are used to it in our daily transaction while Bitcoin is more technical and  there are many processes before you can used. Bitcoin is good in transacting online and not all preferred this type of transaction.
legendary
Activity: 1526
Merit: 1001
June 16, 2017, 09:09:44 AM
At this time of course cash became the tool of payment of the majority in the world. All circles use cash as a means of financial transactions. But bitcoin will continue to grow, although bitcoin market share is only a few percent, but I'm sure the future bitcoin will become a method of payment that is in great demand. Now some aspects have become an important part and not apart from bitcoin.
copper member
Activity: 840
Merit: 114
June 16, 2017, 09:04:47 AM
Cash and Bitcoin have different usage and bitcoin is better than cash/most cashless payment method in online shopping. But, cash or any payment method also have exchange risks such as counterfeit money, hack/theft attempt and unfair rate.
both are actually both have advantages and disadvantages. However, if the cash we can see and know the exact number of cash we have. There is also resikopun by the presence of fake money and we can conduct transactions directly. and the fact is also good because of the bitcoin can we do online transactions easily and quickly, however, with many businesses now that many breaker then bitcoin is also very worrying. certainly safer than cash bitcoin.
newbie
Activity: 56
Merit: 0
June 16, 2017, 02:38:00 AM
There are several reasons that do not exist in bitcoin currencies
1. of course done offline if we have real money
To draw Atm / exact withdrawal
2. there is an administrative fee to be paid to the bank unless we have cash
3. all definitely accept it because it is in the form of currency applicable to each country and can be spent again
4. no transfer system if we have cash just pay it and finish the case.
5. not complicated to deal with the exchange rate of currency against the value of the country's currency. So do not be confused
member
Activity: 99
Merit: 10
June 16, 2017, 01:35:17 AM
This isn't the 19 century, even now without taking bitcoin into account more than 90% of the overall transactions are done through a digital way, whether it be bank transfers, credit cards western union or anything, Even without taking BTC into account cash is declining in use and electronic payments are flourishing.
sr. member
Activity: 854
Merit: 252
June 15, 2017, 05:33:52 PM
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
Cash can be use anywhere in public, whether in restaurant, fastfood, all kinds of supermalls, travel tour, etc. While bitcoin can only be use for online payment.
hero member
Activity: 1190
Merit: 500
June 15, 2017, 04:42:25 PM
This comparison are advantages aren't absolutely correct,
* Work offline 100%
and doesn't work online at all, Even CC and banks aren't cash

* No fees.
You still feel pay the fees, for buying from a supermarket, you pay taxes

* Accepted for Food Shopping & Micropayments
Non-online ones
* 0 confermations time
Indeed, but not usable online? and credit cards aren't "cash"

* 0 exchange risks
no, there is risk of counter-fitting

* anyone is able to understanding of the value of payment

BTC isn't rocket science, everyone can understand the basics needed to use it in quarter an hour.
One of the most prominent features of cash and bitcoin. Cash is accepted wherever you are at all places receive cash. While bitcoin is still limited for its use. That's why bitcoin is still so far from word can match cash?
sr. member
Activity: 644
Merit: 252
June 15, 2017, 10:21:42 AM
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

Because cash is the number one form of exchange today. We buy all we needs not only for food shopping by means of cash and only cash. All countries are still using cash, maybe some of them use bitcoin but the point is CASH is still use. Furthermore, I am sure that there are lots of people who does not know bitcoin or how to earn bitcoin or how to use bitcoin. My relatives, and some of my friends especially my high school friends don't know it yet.
hero member
Activity: 1120
Merit: 507
June 15, 2017, 08:47:23 AM
Cash is better here where i live simply because it's easier to use and you can use it everywhere. That isn't the case with bitcoin as only a few merchant accept it.
We know that Bitcoin is also a kind of Investment. Through Bitcoin we will be able to pay easily and we can also keep Bitcoin for future and can save it for our family for our job to fulfill our dreams. On the other side you cannot keep your cash with you for a long time as investment you can do in a saving through it. You will spend what ever you are so I guess Bitcoin is much more easy and better than cash.
hero member
Activity: 1316
Merit: 502
June 15, 2017, 08:33:26 AM
Well the fact that even in the past people are already used to using cash instead of modern way of paying goods. Now, in comparison of cash to bitcoin,it has slightly difference. One of which is the normal way of spending your cash in the stores. If you bring only small amount in buying goods that's better than bitcoin. On the other hand, bitcoin has it's better way as well. In spending bitcoin for big tradings, it is necessary because you don't need to bring your cash and count to the said amount for you to pay. So both have good functions in spending on its better ways.
every one has their own deision but tome i think bitcoin is more better for me because now i can use it anywhere in the world have same value, but cash is best only in current time because it can be use in local shops, where still we can not use bitcoin, but in future we can expect to use bitcoin even in local shops also.
Yeah, each person will have their own opinions, I also think that bitcoin is better than cash but the fact that bitcoin is not so popular and not widely used around the world like cash, it is still very inconvenient and not many people believe in it, we feel it's better than cash just because we use it a lot. Using cash has been the habit of many in the centuries, so if compare bitcoin and cash, cash will certainly be better, simply because many people use and is accepted everywhere.
hero member
Activity: 714
Merit: 500
June 15, 2017, 07:48:49 AM
Because cash is the world medium transaction for their to exchange a particular product and the cash is the primary need of the most people for order to live. That is the reason why cash is better than bitcoin.

Well indeed cash is so much better than bitcoin, because it is filmed more country has a level of security or warranties against digital currencies. So if you have no warranty by each country, then certainly some people who are in a country that still has not been fully believe it. So, play well and find the appropriate profit we want.and you don't have to worry, because in the future the bitcoin will certainly be used by most people. Now that this world will always change and prefer the transaction that best, because everyone needs something the best and fastest
 
 
sr. member
Activity: 476
Merit: 250
June 15, 2017, 07:30:17 AM
This comparison are advantages aren't absolutely correct,
* Work offline 100%
and doesn't work online at all, Even CC and banks aren't cash

* No fees.
You still feel pay the fees, for buying from a supermarket, you pay taxes

* Accepted for Food Shopping & Micropayments
Non-online ones
* 0 confermations time
Indeed, but not usable online? and credit cards aren't "cash"

* 0 exchange risks
no, there is risk of counter-fitting

* anyone is able to understanding of the value of payment

BTC isn't rocket science, everyone can understand the basics needed to use it in quarter an hour.
For now it seems that cash is still needed. Many factors as you explain in many factors and the cash sector still dominate over bitcoin or other digital currencies. I think bitcoin need more sophisticated so it can be equivalent to cash

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