Topic: Why Cash is better than Bitcoin. - page 135. (Read 99345 times)

Show me, where is this profit in front of other coins.

In terms of world security, there's nothing better than the banking system because by paying savings tax every month we don't have to bear the burden of security alone and well guaranted, in this case cash is one step ahead, maybe your intention is security in terms of user profile which is anonymous so you are free to use it anywhere. In this case if you are accustomed to making profit online, bitcoin is better than any currency in the world.

That's an understatement. They have to care about basically everything needed to live right now and there is next to no wealth building potential for them since their country is failing to get necessities of life to them.
At this point the rioting is justified because the Venezuelan government is failing to perform its function and it will rapidly experience social decline until the current governor is replaced.

With 1000% inflation in Venezuela, I don't think they care about transaction fees. They have other problems to deal with.

unconfirmed transactions is the reason why bitcoin now having problems though we get happy by its massive increase but somehow it service gets affected in some way, hoping bitcoin can give both efficiently high value and great service , I may not use cash if ever happens.

In occasion of the growing price - I agree. But about the easy shipment - no. Now there is a problem with unconfirmed transactions. This greatly hinders the use of bitcoin

Yeah this is totally right but bitcoin still have its benefits right,
The price that is increasing insanely and to send it easily to almost all over the world.

Cash and Bitcoin are apples and oranges, yes they're both fruit but they're impossibly to be better than each other. Of course I prefer having cash around to spend, but I prefer having Bitcoin to store my precious "value"

Cash is better than bitcoin. There are maney reasons for this among then cash is accpeptabol of all over the world. You  cannot hey food for bitcoin. There are maney countries are not accept bitcoin. They easily take cash. So cash is batter than bitcoin.

I agree with you on this point but I've some thoughts regarding it. If you say about transaction purpose then I would like to say that cash is better than bitcoin, but if consider about security purposes then i strongly believe that bitcoin is better than cash.
So it depends, what's the purpose of using. 

This is only about that You are cutted out from the things that are available for cash and You have no way to become them with CC.
You have no way to transfer directly $20 to other physical person with CC.

There were still a lot of countries that were not able to use digital currency, few in a country might knew it but may not get the half of it, its true that rich countries doesn't need anymore paper money since they can all use it cards, paper cash and bitcoin may not be used depending on where we live.

I agree  bitcoin is more secure than Credit card or paypal. Using paypal sometimes faces limit, limit makes me stressful because my balance is not useful. Bitcoin has no limit because the bank is myself.

It is already a cashless world. I don't use cash for anything, I use credit cards for everything. All my dollars are digital. My bank balance is just a number in a computer, when I use my credit card the transaction is digital and my credit card balance is automatically paid from my bank account, each month, digitally. My deposits are digital. I never use paper cash. In the developed world, all currency has been digital for decades.

I buy groceries at a local store. A can of soup costs me $2 with tax. What fees to I pay to buy it?

Cash: I pay no transaction fee and the transaction is anonymous.

Check: I pay no fee.

Debit card: I pay no fee. The company I bought the soup from pays a small amount but I don't see it. Because I don't see it and it is priced the same regardless of how I pay for the item, there is no fee.

Credit card: I pay no fee. The company I bought the soup from pays a small amount but I don't see it. As the above, the price is the same regardless of payment. However, paying with credit card is different from the above because I am not using my money to make the purchase, I am borrowing the money from a bank to make the purchase. I can pay off the card at the end of the month and not incur a fee or I can pay interest to let the loan roll to the next month. I can also dispute the transaction if I have an issue with it unlike when I use the above methods of payment. And I can use a cash back credit card that pays me 2% or 3% back based on my purchases, effectively making the purchase 2% or 3% cheaper than any of the above options.

Credit cards are by far the cheapest option to purchase things either in person or online because things are priced the same regardless of payment. Banks charge fees to people who borrow money and maintain a loan balance on their credit cards and they charge vendors, they do not charge the person using the card.

Yes, cash is more useful today. But I think it is not for a long time. Digital currencies will be more popular in 5-10 years and like in 50-100 years the world will use only this and all operations will be provided through the internet. It will be era of cashless world.

Since physical currency like cash had gone a long way, one of the reason why cash is still better than bitcoins is that these physical money can be use or can buy in any stalls,establishments and even services. In comparison to bitcoins which is limited mostly on online shops and transaction thus making them unable to be used on smaller or certain local stores which is not yet supported by bitcoins.

I agree with you about it. Cash appeared in the world has been very long, people have used so familiar cash. Bitcoin uses a technological background, It appeared almost 10 years ago, that time was only a small part of cash history appears, this can make people unfamiliar to use it, even some people do not even know Bitcoin. And as you said, if this is reversed, then Bitcoin may be more convenient to use

Cash is easier to use. In addition, they do not require Internet connection and are not tracked by the tax authorities. Not least the fact that they can hold in your hand and it creates the additional effect of completion of the transaction. Many people do not know what crypto currency.

I think it is the opposite, mostly, in "underworld", people don't want to know their identity, if you use cash, you can be identified, well, you will be handing that money, eventually you can be caught. With bitcoin and it's pseudo anonymous address, you can send bitcoin without knowing who you are or where did you get that bitcoin. It is an ideal currency for such actions and activities right?