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Topic: Why Cash is better than Bitcoin. - page 128. (Read 99328 times)

sr. member
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May 20, 2017, 07:13:18 PM
Chash is better than Btc because cash is real world mony not virtual mony.And Bitcoin is virtual mony.Cash aallow every place.But Bitcoin not allow every place.
Cash is more accepted in many places and stores. Whereas bitcoin is only a few places even you have difficulty to do spending. I myself to spend preferring to use cash
hero member
Activity: 1274
Merit: 513
May 20, 2017, 06:42:49 PM
For me bitcoin is better because you can buy online shop like buying gadgets that your county does not have new model of phone or gadgets. Because bitcoin is increasing the price so if you have many bitcoin you have many cash also. But if you have only cash the price is not increase and if you see your wants for sure you will buy this and your money gone. But cash is for everyday uses in real life like buying offline , pay bills and many mores but bitcoin can do this also.
sr. member
Activity: 994
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May 20, 2017, 06:33:04 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
Some of the characteristics don’t apply to cash and credit cards, for example cash has no fees but credit cards do, bank wires can take some days to appear in your account, there are a bunch of risk like credit card theft, counterfeiting.
sr. member
Activity: 490
Merit: 252
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May 20, 2017, 01:25:06 PM
What I meant about that is it also takes time for your transaction to be confirmed when you are using cards online that is using Fiat currency.

There is about 1 minute or 2 minute max time requested.
In the case of BTC it migt be more much time, and today's volatility is about $75 for BTC1

If You send funds it can produce some $750 loss for $20000 funds transfer.
hero member
Activity: 1680
Merit: 655
May 20, 2017, 01:02:25 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
Your statements are partially true. Because if you will also consider credit cards/debit cards as cash then you are wrong. What I meant about that is it also takes time for your transaction to be confirmed when you are using cards online that is using Fiat currency. And I think some websites charge additional transaction fees when you are using cards to them.
hero member
Activity: 770
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Forza Roma
May 20, 2017, 12:59:45 PM
Bitcoin has given me a lot of profit so in that case it always win of cash.
But in terms of usage i am aware i need to have cash since it gives me the oppertunity to actually buy stuff.
legendary
Activity: 3038
Merit: 1169
May 20, 2017, 12:50:06 PM
Well beacuse we are used to a system that always work around the cash or paper money, we have being educated in function of making money and not to know others way of money like the virtual ones.

Virtual money is something really new and not often really think is possible to really have and I think because not all would really understand how hits can work and in my opinion not all people are gonna be fond about it, because they are expecting paper and not some online kind of money, but I guess in time people would really understand it and maybe someday some easy system would pop up that lets people really know more about bitcoin the easy way.
full member
Activity: 294
Merit: 102
May 20, 2017, 12:29:05 PM
Well beacuse we are used to a system that always work around the cash or paper money, we have being educated in function of making money and not to know others way of money like the virtual ones.
hero member
Activity: 1624
Merit: 645
May 20, 2017, 12:26:16 PM
Cash is always going to be relevant, it's 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

Yes, now in many places it is simply unreliable for small purchases to do without cash and in the future they will also be needed as an alternative.

If bitcoin continues to grow I'm sure we will have many stores accepting bitcoin in the future because most people that are using bitcoin right now are very young people and they certainly will use it in their business it's just a matter of time and only if Bitcoin does not fail.
sr. member
Activity: 1666
Merit: 276
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May 20, 2017, 05:08:13 AM
because of its acceptability and availability, cash has already gained huge platform and credible position which make cash more sustainable.
generally, people are interested in using the conventional method so cash still holds this position rather than bitcoin.
Right now cash is much available and accessible than the bitcoin in most of the Countries as well localities. Bitcoin needs more time for the effective spreading about virtual currency. Right now the people who used to it feel convenient and for the technically skilled people it's simply easy and others need to learn to use. This makes people use cash much more than bitcoin. This situation will change in the falling years.
full member
Activity: 368
Merit: 104
May 20, 2017, 05:02:11 AM
we cant use btc in shops, food store, etc but we can use cash, atm and others like this but we cant use btc so cash is better.
sr. member
Activity: 322
Merit: 250
May 20, 2017, 03:46:54 AM
how to advertise on bitcointalk:
1. put what you are advertising in your signature
2. make some outrageous topic on bitcointalk to attract a lot of users coming to correct you. better if it is against bitcoin.
3. bump it up every time it goes down with more controversy.
4. have the delusion that you are advertising your thing in your signature.
5. get banned because of spamming.
Haters gonna hate. Maybe he is doing that, but what are you doing? You are also spamming for your signature campaign. Don't come back at me and say the same thing. I have already filled my 10 post quota for my signature campaign.
sr. member
Activity: 490
Merit: 252
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May 20, 2017, 03:42:25 AM
1. If I want to transfer money to the other side of the world, I choose Bitcoin because the transaction posts near instant,

2. where after that you have to wait for the transaction to confirm. If I had to use my bank to transfer money to exactly the same person/location, it would have taken days, plus I would pay a hefty fee that may reach all the way up to $10-$20.

1. Here are claims about waiting 3 days.

2. https://bitcointalksearch.org/topic/m.19076390

It is used more than the bitcoin because of its age as that compare to Bitcoin.

5% - 10% Day Volatility is not OK for retail business, there is possible only work trough exchangers.
member
Activity: 207
Merit: 10
May 20, 2017, 12:39:38 AM
Well there are circumstances where bitcoin is better than cash or cash is better than bitcoin. Cash is better than bitcoin in many instances like buying in small stores. Here in the Philippines there are many stores that doesn't have access to computers and only accept cash. And having cash on your hand makes you feel assured about your money, you know you have it if you can touch it.
full member
Activity: 155
Merit: 100
May 19, 2017, 11:01:02 PM
because of its acceptability and availability, cash has already gained huge platform and credible position which make cash more sustainable.
generally, people are interested in using the conventional method so cash still holds this position rather than bitcoin.
hero member
Activity: 630
Merit: 500
May 19, 2017, 06:59:16 PM
They are both better because both are useful the bitcoin is for online and the cash for offline. To those no internet they used cash but we are have internet and know about bitcoin we used it both. So both are so better.

No, they are both good because if we are going to say that both are better, one should be at good stage and one should be at better stage. I'm into getting used with both of it as they are helping me a lot when it comes to finances and I'm loving the way of using bitcoin for online transactions and cash for real transactions.
Yes they are good and the bitcoin is even better for the features it have. We don’t see any feature of the cash that provides us such opportunities but the reality of the cash is to be accepted at this time. It is used more than the bitcoin because of its age as that compare to Bitcoin.
legendary
Activity: 1232
Merit: 1091
May 19, 2017, 03:33:48 PM
Since Bitcoin still developing its platform so it needs more time to get acceptability and credibility for the mass people. Cash has already gained a huge popularity and acceptance so in this era it would be preferable to bitcoin.
but in future, i can assure you that Bitcoin will be more preferable to cash.
in fact bitcoin is very new and very little number of people know about bitcoin, therefore cash have the advantage over bitcoin, but in such area where the users of bitcoin are more there they are giving more preference to bitcoin, and there bitcoin is more better than cash.

It's different for each person. Main point of importance is that the sort of usage combined with the situation makes Bitcoin better than cash, and vice versa. If I want to transfer money to the other side of the world, I choose Bitcoin because the transaction posts near instant, where after that you have to wait for the transaction to confirm. If I had to use my bank to transfer money to exactly the same person/location, it would have taken days, plus I would pay a hefty fee that may reach all the way up to $10-$20. But in case of buying my daily needs locally, cash will be my preferred option.
sr. member
Activity: 462
Merit: 250
May 19, 2017, 03:25:51 PM
Since Bitcoin still developing its platform so it needs more time to get acceptability and credibility for the mass people. Cash has already gained a huge popularity and acceptance so in this era it would be preferable to bitcoin.
but in future, i can assure you that Bitcoin will be more preferable to cash.
in fact bitcoin is very new and very little number of people know about bitcoin, therefore cash have the advantage over bitcoin, but in such area where the users of bitcoin are more there they are giving more preference to bitcoin, and there bitcoin is more better than cash.
sr. member
Activity: 490
Merit: 252
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May 19, 2017, 02:22:44 PM
If the transaction is going to get spent online in order to receive a product online then it would be best that Bitcoin should be used for the transaction.

https://www.mastercard.us/content/dam/mccom/en-us/documents/rules/chargeback-guide.pdf
hero member
Activity: 826
Merit: 529
May 19, 2017, 12:05:17 PM
Since Bitcoin still developing its platform so it needs more time to get acceptability and credibility for the mass people. Cash has already gained a huge popularity and acceptance so in this era it would be preferable to bitcoin.
but in future, i can assure you that Bitcoin will be more preferable to cash.
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