Why Cash is better than Bitcoin. - page 132.

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Quote from: Sex Video Chat VKcams.com on May 16, 2017, 12:20:30 PM

Quote from: Harlot on May 16, 2017, 12:02:25 PM

because consumers are looking for the most practical and most convenient way of paying. Bitcoin can be counted as a convenient way but it is still not as practical as using Fiat Currency or anything around it which is Credit/Debit Cards.

The exchange risk and high volatility of BTC is something that keep away from it anyone who need the only funds transfer use.

No those who need only the funds transfer then they will love to use bitcoin as yesterday to one of my friend who often transfer money to his family to another country I asked from his that suppose you transfer that that money with a fees of 0.001 (I asked from him in USD) he surprised and told me that it will be like free transfer of money and said that the banks have looted him for each transaction.

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Quote from: Harlot on May 16, 2017, 12:02:25 PM

because consumers are looking for the most practical and most convenient way of paying. Bitcoin can be counted as a convenient way but it is still not as practical as using Fiat Currency or anything around it which is Credit/Debit Cards.

The exchange risk and high volatility of BTC is something that keep away from it anyone who need the only funds transfer use.

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Quote from: Jewell on May 16, 2017, 11:43:17 AM

Quote from: laredo7mm on May 15, 2017, 10:31:58 PM

Quote from: Souldream on May 15, 2017, 10:13:38 PM

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

because they can touch and hold it, people only believe when they saw it literally,as what they have been said, to see is to believe. we cannot blame them for not having an interest on it, just tell them to try bitcoin and show them proofs as well.

It is true that people have more faith in something that they can hold physically and that is only possible with cash and that is the reason they don't have faith in bitcoins and hesitate to get into and even the acceptance of cash is higher in compare to bitcoins at a moment.

but to me i think now the trend is changing. and people are now giving more importance to online business, in present modern time people do not have much time and they feel more convenient when they business online. even now they give preference to online shopping, and for that they mostly use bitcoin because most of the online big shops now giving options of btcoin to use for shopping;

Souldream Isn't it also true for people who are using Credit Cards / Debit Cards transactions? There is no physical money involve yet people are still using it. Because it is more than the characteristic of being physically touch and seen by consumers. What they are actually looking for is acceptance from the sellers, because consumers are looking for the most practical and most convenient way of paying. Bitcoin can be counted as a convenient way but it is still not as practical as using Fiat Currency or anything around it which is Credit/Debit Cards.

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Quote from: laredo7mm on May 15, 2017, 10:31:58 PM

Quote from: Souldream on May 15, 2017, 10:13:38 PM

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

because they can touch and hold it, people only believe when they saw it literally,as what they have been said, to see is to believe. we cannot blame them for not having an interest on it, just tell them to try bitcoin and show them proofs as well.

It is true that people have more faith in something that they can hold physically and that is only possible with cash and that is the reason they don't have faith in bitcoins and hesitate to get into and even the acceptance of cash is higher in compare to bitcoins at a moment.

but to me i think now the trend is changing. and people are now giving more importance to online business, in present modern time people do not have much time and they feel more convenient when they business online. even now they give preference to online shopping, and for that they mostly use bitcoin because most of the online big shops now giving options of btcoin to use for shopping;

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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

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

Cash is widely known and widely used and that is the reasons why it is much better than Bitcoin. Unlike Bitcoin, you can instantly do an exchange or transact instantly and in actual without waiting like for now it takes hours for your transaction to be confirmed.

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Quote from: Sex Video Chat VKcams.com on May 16, 2017, 09:47:56 AM

Quote from: douglock on May 16, 2017, 09:36:30 AM

we will be rich when people start using Bitcoin worldwide

LOL, You think that people will start use BTC for make You rich?
I see absolutely no reason why shops will starts asking BTC, this is additional cost to their business.

I guess that falls into the whole is bitcoin a currency or an asset debate. If fees go down and transaction times can be made more or less instantly then bitcoin can definitely reduce the cost of business vs credit cards or even cash. As it is now though you are completely right most businesses would do better to stay away from bitcoin.

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Quote from: douglock on May 16, 2017, 09:36:30 AM

we will be rich when people start using Bitcoin worldwide

LOL, You think that people will start use BTC for make You rich?
I see absolutely no reason why shops will starts asking BTC, this is additional cost to their business.

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Quote from: Wowcoin on May 16, 2017, 08:00:45 AM

Cash is better because we used it every single day if we need to buy in a small store we can pay cash. Bitcoin are not acceptable in any department store we need to convert it first on cash before we can buy anything. And offline we need cash we can not use bitcoin if no internet connection.

I can not agree more. Bitcoin needs more time to be realized and utilized in the real world. RIght now, our job is to hold as many Bitcoin as we can because one day, we will be rich when people start using Bitcoin worldwide

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Quote from: virasog on May 13, 2017, 12:08:33 PM

Quote from: densuj on May 12, 2017, 10:30:29 AM

Bitcoin is good be used for illegal activities because it is anonymous there are no identity needed
when use bitcoin, so cash is better than bitcoin for right now due to many problem on bitcoin like this one.
Criminals Use Bitcoin Tumbler to “Clean” $645,000 Worth of Funds Stolen Through Banking System https://t.co/S4GPPnr5aV

Even for a moment we believe on this statement, can you please then tell us know as before the bitcoins was there were no illegal activity with cash ? Was the world free of illegal activities ? Even today are all the dealings with cash are legal and only the dealing with bitcoins are towards the fraudulent act ? No, My friend. Even Cash is used for illegal activities these days.

Precisely, bitcoin is not a proper reason for the growth of it illegal. Because it is illegal has been around since before the bitcoin present, indeed if we observe all transactions or all storage-based funds bitcoin transactions carried out for illegal. But that is only a small part, mostly are those that trade, where trading is much more profitable than others. Bitcoin is not a pioneer of the things that break the law, but it appears to help define the bitcoin technology

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Quote from: roadbits on May 16, 2017, 08:54:04 AM

It is fast transaction if the shops post their bar code in billing section means we can easily pay our bills through BTC.

They need no BTC for avoiding the exchange risks.
The retail business is Arbitrage between wholesale price and retail price.
There are no BTC fixed prices for wholesale supply.
In that way the retail business is asking no BTC for items.

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Quote from: Gheka on May 16, 2017, 08:42:43 AM

Quote from: Wowcoin on May 16, 2017, 08:00:45 AM

Cash is better because we used it every single day if we need to buy in a small store we can pay cash. Bitcoin are not acceptable in any department store we need to convert it first on cash before we can buy anything. And offline we need cash we can not use bitcoin if no internet connection.

Yes, cash is more popular and more convenient than bitcoin. Like you say we buy something in a small store then paying cash is better than bitcoin, first because the store may not accept bitcoin and secondly, if the stores accept bitcoin, I do not think we're going to waste time logging into our bitcoin wallet to pay for something we bought for a few dollars, this is an inconvenience and a waste of time. One more reason is that cash is better than bitcoin because the value of cash is stable but bitcoin is not, the price of bitcoin is constantly changing every day and every hour.

At present, i agree it is a very risky process. But I have one idea for this. Now all bitcoins exchanging sites are started to make their separate app to do bitcoin trading. In that, they will allow us to pay our mobile bills, and we can do shop in online through paying Bitcoin. So in that app barcode will be there to send and receive BTC. It is fast transaction if the shops post their bar code in billing section means we can easily pay our bills through BTC.

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Quote from: Wowcoin on May 16, 2017, 08:00:45 AM

Cash is better because we used it every single day if we need to buy in a small store we can pay cash. Bitcoin are not acceptable in any department store we need to convert it first on cash before we can buy anything. And offline we need cash we can not use bitcoin if no internet connection.

Yes, cash is more popular and more convenient than bitcoin. Like you say we buy something in a small store then paying cash is better than bitcoin, first because the store may not accept bitcoin and secondly, if the stores accept bitcoin, I do not think we're going to waste time logging into our bitcoin wallet to pay for something we bought for a few dollars, this is an inconvenience and a waste of time. One more reason is that cash is better than bitcoin because the value of cash is stable but bitcoin is not, the price of bitcoin is constantly changing every day and every hour.

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Quote from: Holliday on May 08, 2017, 01:42:04 AM

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Quote from: Holliday on May 08, 2017, 01:34:50 AM

like Venezuela!

Show me, how BTC is used there for food shopping, seems it exist not.

I never suggested such a thing. The thread is about cash. I was speaking about cash in my comments regarding Venezuela.

Yes before you comment make sure what the topic is about or the post of other. I think it depends on the place where you lived. in Some places bitcoin is better than cash but just like in venenzuela, cash there is better than bitcoin.

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Cash is better because we used it every single day if we need to buy in a small store we can pay cash. Bitcoin are not acceptable in any department store we need to convert it first on cash before we can buy anything. And offline we need cash we can not use bitcoin if no internet connection.

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Quote from: Sex Video Chat VKcams.com on May 08, 2017, 01:41:34 AM

Quote from: OmegaStarScream on May 08, 2017, 01:36:47 AM

ATMs and credit cards both have fees

For sure, they have fees, but people still use local money of Euro/USD for such electronic payments, instead of BTC.
The Business owners prefers not to have deals with BTC, or they are working with instant exchaingrs to avoid exchange risks.

You have a point but BTC will not be for everyone. Firstly, its a virtual currency, meaning you have to have access to the net and be tech-savy to a certain extent. Your older business owners will not necessarily be keen to jump into BTC because they are not familar with the concept. However, the community that knows about BTC, appreciates the efficient and cheaper methods of buying, selling and transferring money. No one is able to track your expenditures or purchases through blockchain technology as well. So for that reason, I don't believe cash is better than BTC in the current technological world we live in.

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Quote from: lienfaye on May 16, 2017, 06:34:16 AM

Quote from: Souldream on May 15, 2017, 10:13:38 PM

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

because they can touch and hold it, people only believe when they saw it literally,as what they have been said, to see is to believe. we cannot blame them for not having an interest on it, just tell them to try bitcoin and show them proofs as well.

Thats true, since cash is a physical money majority of people are still using and believing in it. they dont usually trust whats happening online and not all are fortunate to have access in computer. you can only make btc transactions if you have internet while cash is working offline which is more convenient.

Just now, not yet in all places the Internet system is working well to make payments by virtual currencies and many people think that this is something illegal.

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Quote from: Souldream on May 15, 2017, 10:13:38 PM

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

because they can touch and hold it, people only believe when they saw it literally,as what they have been said, to see is to believe. we cannot blame them for not having an interest on it, just tell them to try bitcoin and show them proofs as well.

Thats true, since cash is a physical money majority of people are still using and believing in it. they dont usually trust whats happening online and not all are fortunate to have access in computer. you can only make btc transactions if you have internet while cash is working offline which is more convenient.

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Quote from: HongKong on May 16, 2017, 04:36:19 AM

If you like to purchase things on the Internet then I would suggest that Bitcoin would be used because there would be a really slow amount of time that you would have to wait in order for you to receive the money.
Cash would only be a good thing if someone needed to make transactions online.

i am so confused with your statement.. Huh

buying something online is also having a transaction online.. so whats the difference? please ellaborate if you can..

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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

Because of it's acceptance in offline market, we can use cash every in buying anything offline while in case of bitcoin we have to convert it in fiat because most of countries don't accept bitcoin offline or as a direct payment method.

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If you like to purchase things on the Internet then I would suggest that Bitcoin would be used because there would be a really slow amount of time that you would have to wait in order for you to receive the money.
Cash would only be a good thing if someone needed to make transactions online.

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