Why Cash is better than Bitcoin. - page 118.

Hipster999

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Quote from: shimbark123 on June 08, 2017, 07:22:37 AM

Well cash is the thing that became part of our life so cash probably better than bitcoin. In bitcoin we need to have an internet connection in order to fully utilize its use. What I'm pointing here is cash is the traditional way and cash can work offline without using internet connection.

Yes, this is the most important cash advantage, especially in regions where there are no computers and no Internet access.

AltBacked

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I Dont want to compare Fiat with Bitcoin both has different pros and cons

Fiat : is the base currency used to exchange the bitcoins , end of the day, how much ever bitcoin you have , you have to exchange it to your local fiat only

shimbark123

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Well cash is the thing that became part of our life so cash probably better than bitcoin. In bitcoin we need to have an internet connection in order to fully utilize its use. What I'm pointing here is cash is the traditional way and cash can work offline without using internet connection.

Kp4everK

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Quote from: kpcian on June 08, 2017, 04:58:03 AM

If you think about the security issue then Bitcoin is better than Cash, it should not be carried out everywhere, if you have internet excess then you can use the Bitcoin. But in case of availability and acceptability, then I would like to prefer cash...
Bitcoin is getting acceptable everywhere day by day but still many countries are unknown to it..so still now, cash is better than Bitcoin..

As for security, there is absolutely no safe money. Bitcoin wallet can hack and steal all means or you can forget the password and lose your coins. Therefore, for reliability, you need to have several options for money.

kpcian

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If you think about the security issue then Bitcoin is better than Cash, it should not be carried out everywhere, if you have internet excess then you can use the Bitcoin. But in case of availability and acceptability, then I would like to prefer cash...
Bitcoin is getting acceptable everywhere day by day but still many countries are unknown to it..so still now, cash is better than Bitcoin..

DevilSlayer

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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.

fan_of_things_and_stuff

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I wouldn't say that cash has 0 confirmation effort (unless you're willing to risk accepting counterfeit cash all the time)

Nor would I say that there are 0 exchange risks (you could get ripped off, also currency exchanges are usually staked by pickpockets)

That said, I do agree that cash does have *bunch* of benefits over bitcoin that will have to be addressed if the world ever wants to accept cryptocurrencies as "real" money

jerowacik

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Each side has its advantages and disadvantages. For now it is cash is still widely used because bitcoin requires infrastructure that is not yet available. But over time I am sure bitcoin can be better than cash.

Batman15

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Simply because it has no additional charge. And it is prefered by many

kidmodo

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Quote from: Junko on June 07, 2017, 11:02:50 PM

Well for me personally, it's better to use cash over bitcoin at this moment in time. Why? Because I would rather spend cash for any purchases than burn any of my precious bitcoins. I would rather hodl - aka save my bitcoins for the future when they will have more purchasing power.

Right now is quite appropriate if we use cash to buy goods and services, we should just save bitcoin for some time and we sell if the price matches what we expect, another reason may be because transaction fee, if we too often use bitcoin for transactions Small, it is very wasteful, we better use cash money

Junko

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Well for me personally, it's better to use cash over bitcoin at this moment in time. Why? Because I would rather spend cash for any purchases than burn any of my precious bitcoins. I would rather hodl - aka save my bitcoins for the future when they will have more purchasing power.

myternity

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Yo!

* Work offline 100% - agree
* No fees. - well, actually there are fees, bigger price - bigger fee. Try to take 10 million dollars in cash and transport it in another country, or just another town. It is risky.
* Accepted for Food Shopping & Micropayments - matter of time
* 0 confermations time - matter of time
* 0 exchange risks - matter of market development
* anyone is able to understanding of the value of payment - matter of time

onrise

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Quote from: AmeSakibimasu on June 07, 2017, 09:24:58 PM

Bitcoin is already BETTER THAN the currently existing currency, its also BETTER THAN cash because you can do this through internet without any hustle in a rough way.

What you said is correct but cash is something which is accepted woldwide from years . While BTc is not accepted worldwide and still many countries are trying to figure out how to get it regulated . While as a investment purpose Btc is certainly in today's time best investment per say .

joromz1226

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Quote from: Sex Video Chat VKcams.com on May 08, 2017, 01:27:34 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

Maybe because in cash we can use it anywhere in public, but in some cases cash has disadvantages anyhow like if you had money/cash it can easily steal by someone which you don't know when will it happen unlike in bitcoin just keep the password or private key.

CryptoSi

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Quote from: AmeSakibimasu on June 07, 2017, 09:24:58 PM

Bitcoin is already BETTER THAN the currently existing currency, its also BETTER THAN cash because you can do this through internet without any hustle in a rough way.

exactly. agreed

AmeSakibimasu

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Bitcoin is already BETTER THAN the currently existing currency, its also BETTER THAN cash because you can do this through internet without any hassle in a rough way.

mademerich

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Quote from: Superzpay on June 07, 2017, 05:03:02 PM

Quote from: Mumbeeptind1963 on June 07, 2017, 01:03:05 PM

Quote from: necromastery on June 05, 2017, 04:29:53 PM

Why Cash is better than Bitcoin?
Well the fact speak is cash not decreasing in price while bitcoin experience it. This is why cash is better.

Even cash decreasing its value also. I think that people might be prefer to use cash than bitcoin its because they can see it clearly and properly they can hold it and touch it. We cannot command them to do what they need to choose.

I do not think that many people will like to prefer cash because with cash they will not be able to hide them in their houses and they will need a third party like banks to hide them from robbers while for bitcoin they will not need any bank for hiding and securing them as no one can find that how much bitcoin is with a person.

For day to day spending cash is much better but you are right for sizeable savings its either a bank or some form of investment of which most of us here have chosen bitcoin. Inflation also doesn't matter for those few hundred dollars in your pocket.

stingers

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Quote from: SoulBargain on June 07, 2017, 08:27:57 PM

Quote from: Superzpay on June 07, 2017, 05:03:02 PM

Quote from: Mumbeeptind1963 on June 07, 2017, 01:03:05 PM

Quote from: necromastery on June 05, 2017, 04:29:53 PM

Why Cash is better than Bitcoin?
Well the fact speak is cash not decreasing in price while bitcoin experience it. This is why cash is better.

Even cash decreasing its value also. I think that people might be prefer to use cash than bitcoin its because they can see it clearly and properly they can hold it and touch it. We cannot command them to do what they need to choose.

I do not think that many people will like to prefer cash because with cash they will not be able to hide them in their houses and they will need a third party like banks to hide them from robbers while for bitcoin they will not need any bank for hiding and securing them as no one can find that how much bitcoin is with a person.

This is true. Bitcoin gives us financial freedom unlike banks which there are a lot of questions asked and whenever you earn huge amount of money which differs from what you usually have will start suspecting and questioning. In bitcoin, you feel that you are not being monitored and can spend it anytime and anywhere with less hassle.

You ought to be suspected when you start gaining large amounts of money for which you are not able to properly disclose the source, this just means that you have indulged in acts of moral turpitude and have illegally obtained that money by kicking on the stomach of someone else. And yes, you need to be questioned foe that, criminals cannot be left unquestioned.

SoulBargain

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Quote from: Superzpay on June 07, 2017, 05:03:02 PM

Quote from: Mumbeeptind1963 on June 07, 2017, 01:03:05 PM

Quote from: necromastery on June 05, 2017, 04:29:53 PM

Why Cash is better than Bitcoin?
Well the fact speak is cash not decreasing in price while bitcoin experience it. This is why cash is better.

Even cash decreasing its value also. I think that people might be prefer to use cash than bitcoin its because they can see it clearly and properly they can hold it and touch it. We cannot command them to do what they need to choose.

I do not think that many people will like to prefer cash because with cash they will not be able to hide them in their houses and they will need a third party like banks to hide them from robbers while for bitcoin they will not need any bank for hiding and securing them as no one can find that how much bitcoin is with a person.

This is true. Bitcoin gives us financial freedom unlike banks which there are a lot of questions asked and whenever you earn huge amount of money which differs from what you usually have will start suspecting and questioning. In bitcoin, you feel that you are not being monitored and can spend it anytime and anywhere with less hassle.

Superzpay

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Quote from: Mumbeeptind1963 on June 07, 2017, 01:03:05 PM

Quote from: necromastery on June 05, 2017, 04:29:53 PM

Why Cash is better than Bitcoin?
Well the fact speak is cash not decreasing in price while bitcoin experience it. This is why cash is better.

Even cash decreasing its value also. I think that people might be prefer to use cash than bitcoin its because they can see it clearly and properly they can hold it and touch it. We cannot command them to do what they need to choose.

I do not think that many people will like to prefer cash because with cash they will not be able to hide them in their houses and they will need a third party like banks to hide them from robbers while for bitcoin they will not need any bank for hiding and securing them as no one can find that how much bitcoin is with a person.

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