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Topic: Why Cash is better than Bitcoin. - page 116. (Read 99328 times)

sr. member
Activity: 462
Merit: 250
June 15, 2017, 07:07:58 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.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
June 15, 2017, 07:02:58 AM
Cash is better than bitcoin by simply because the bitcoin is need a requirements for bitcoin became able to use but the cash didn't need any requirements to use it that is the biggest advantage of fiat however the bitcoin advantage is that it is online and you can send money from everywhere.
hero member
Activity: 924
Merit: 502
June 15, 2017, 06:53:56 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.
legendary
Activity: 1120
Merit: 1000
June 15, 2017, 06:10:54 AM
There are many countries that don't accept bitcoin for technological or economical reasons, so bitcoin won't be the first payment choice there. Fiat is the only way for the bigger part of the world. It doesn't mean that cash is better, they're just not ready for bitcoin yet.
Completely agree with you on this point, still there are many countries where modern inventions​ haven't reached yet, so their population still doesn't have any idea about Bitcoin. Not only that but also Bitcoin is still newcomer in the monetary world so Bitcoin hasn't been much acceptable and credible, Bitcoin is not much available at everywhere. So from my point of view that cash is still better than Bitcoin...
but i think such counties may not be in big numbers, because i know so many people belonging to poorer and backward countries who have the facilities of computer and internet, they are also using smart phones, so i think the majority of the the people from different countries can use bitcoin.
hero member
Activity: 826
Merit: 529
June 15, 2017, 03:27:39 AM
There are many countries that don't accept bitcoin for technological or economical reasons, so bitcoin won't be the first payment choice there. Fiat is the only way for the bigger part of the world. It doesn't mean that cash is better, they're just not ready for bitcoin yet.
Completely agree with you on this point, still there are many countries where modern inventions​ haven't reached yet, so their population still doesn't have any idea about Bitcoin. Not only that but also Bitcoin is still newcomer in the monetary world so Bitcoin hasn't been much acceptable and credible, Bitcoin is not much available at everywhere. So from my point of view that cash is still better than Bitcoin...
full member
Activity: 798
Merit: 182
June 15, 2017, 03:12:26 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.
Yes I agree with you friend, bitcoin is really better than cash because we only can only can use fiat in specific country, if we want to buy something we have to change it with local money.
newbie
Activity: 50
Merit: 0
June 15, 2017, 03:03:26 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.
nod
full member
Activity: 126
Merit: 100
June 15, 2017, 02:58:36 AM
So well did money play a role in our lives that we depend on money so much, we are in the time of Internet, we need an Internet's money to use on it so that we can't just irgnore Bitcoin's benefits
hero member
Activity: 1680
Merit: 655
June 15, 2017, 02:54:55 AM
Because cash is probably the fastest, and satisfying transaction. It looks clear like a transaction, and cash is also easier. But, if bitcoin is developed into cash, I think bitcoin will get better.
I agree with you in this one. Lets simply put a simple Fiat Currency better in terms of physical transactions. Giving cash to a cashier simply has no transaction time compared to what Bitcoin is giving to us. What I also mean about that is Credit cards/ Debit cards are funded by the use of Cash meaning it is still counted as Cash. Obviously in terms of transactions Both cards are faster in terms of transaction and confirmation time. The only thing that Bitcoin is better than Fiat currency is the value of it is growing over time.
sr. member
Activity: 324
Merit: 250
June 15, 2017, 02:53:07 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 of the grown of technology, which will lead to a situation that online payment will rules the world, Bitcoin is just the first way to let that happens so that Bitcoin WILL be better than cash, for sure Smiley
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
June 15, 2017, 02:46:51 AM
Because cash is probably the fastest, and satisfying transaction. It looks clear like a transaction, and cash is also easier. But, if bitcoin is developed into cash, I think bitcoin will get better.
hero member
Activity: 700
Merit: 500
June 15, 2017, 02:44:20 AM
Cash is better than bitcoin because cash have physical shape nor bitcoin. Cash is acceptable all over the world but not bitcoin. Alots of reasons which told us that cash is better than bitcoin

Then why are you here if cash is better than bitcoin, lol. Are you being sarcastic here when you have said it, how come that fiat is better than bitcoin having a fixed price compare to the volatile price of bitcoin which is so expensive right now. I didn't know why did you say it but think of it again, bitcoin is way more better than this fiat.
hero member
Activity: 3080
Merit: 603
June 15, 2017, 02:30:04 AM
I think Cash is better because we can use it anywhere and we can buy anywhere and anytime we want, because bitcoin cannot use anywhere it can only be use whose accepting bitcoin, but bitcoin can be converted into fiat so I think we can also use it in other things when we already converted it.

As of now cash is still up and good for usage if you are in  a country where people are not aware of crypto currency or bitcoin itself. You don't have choice but to keep on using cash for transactions that you need to do so like buying of things that you need or shopping at supermarkets.
full member
Activity: 1330
Merit: 248
June 15, 2017, 02:09:54 AM
I think Cash is better because we can use it anywhere and we can buy anywhere and anytime we want, because bitcoin cannot use anywhere it can only be use whose accepting bitcoin, but bitcoin can be converted into fiat so I think we can also use it in other things when we already converted it.
hero member
Activity: 700
Merit: 500
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June 15, 2017, 01:46:46 AM
 
Because of acceptance and availability..
Cash is acceptable and available at everywhere to use and transaction, Bitcoin has some limitations regarding use and transaction, it is still based on internet so every person can't be able to use it. Whereas cash is all the way using and accepting. So cash is still batter than Bitcoin.
I feel that the issue with cash is that it’s kind of hard to make online. If there was a system that gets built based on the whole Blockchain of Bitcoin then the people in the world will focus on trying to implement electronic currency and people will begin to use it online more.
member
Activity: 90
Merit: 11
June 14, 2017, 05:48:46 PM
Why not have both with Crypto Cash and Stable coins that give you the best of both.

https://blog.everex.io/what-is-cryptocash-and-how-it-will-make-global-commerce-easy-62ab7ec3e11e

sr. member
Activity: 756
Merit: 253
June 14, 2017, 05:08:53 PM
Both cash and bitcoin have advantages and disadvantages. Cash is faster and you can use it on more places but you are depending on banks. I think it's easier to get to bitcoin than to cash and that is one of the bitcoin's advantages. But cash is still more reliable than bitcoin.

For me cash isn't better but rather cash has an advantage over Bitcoin just like Bitcoin has over Altcoins. Cash is the premier currency and has withstood the test of time for a very long time something we are yet to see from Bitcoin so it makes people feel at ease to what they are used to and it's easier to trust what you've known than what you're getting to know so in all it's rather people's perception that makes cash better than Bitcoin but not in reality.
hero member
Activity: 658
Merit: 505
June 14, 2017, 09:22:54 AM
Both cash and bitcoin have advantages and disadvantages. Cash is faster and you can use it on more places but you are depending on banks. I think it's easier to get to bitcoin than to cash and that is one of the bitcoin's advantages. But cash is still more reliable than bitcoin.
sr. member
Activity: 1638
Merit: 300
June 14, 2017, 09:19:03 AM
Cash is better than bitcoin because cash have physical shape nor bitcoin. Cash is acceptable all over the world but not bitcoin. Alots of reasons which told us that cash is better than bitcoin
"Because cash have physical shape nor bitcoin?". Are you kidding me? Bitcoin has no physical shape, it is not tangible, it can't be touched. Cash is really better than bitcoin, there is a lot of things that you can do with cash than bitcoin, we al know that.
sr. member
Activity: 462
Merit: 250
June 14, 2017, 08:06:56 AM
Cash is better than bitcoin because cash have physical shape nor bitcoin. Cash is acceptable all over the world but not bitcoin. Alots of reasons which told us that cash is better than bitcoin
oxygen do not have any physical shape but still too much important in our life. bitcoin is a virtual currency and is the need of the day. in future we can expect that people will start using bitcoin instead of cash. but it has to take some time because still the users of bitcoin are low but whne they wll ncrease then it will be the first choice of the people.
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