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Topic: Why Cash is better than Bitcoin. - page 141. (Read 99345 times)

hero member
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May 10, 2017, 07:13:18 PM
I think that's just speculation, because I see there are many people who prefer using bitcoin rather than using cash, because they think bitcoin is simpler than cash
legendary
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May 10, 2017, 06:57:16 PM
I must admit that at some point cash are better than bitcoin, for daily usage and spending cash is better because, it was accepted everywhere and it can be used without electricity and internet, that is why fiat still important, but for investment bitcoin is better because cash has inflation
member
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May 10, 2017, 06:33:32 PM
Bitcoin is changing the world and the monetary system, but if you have no electricity and internet you are fucked.
hero member
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May 10, 2017, 06:21:29 PM
Both are better in their respective fields. But if you consider local daily usage, then Cash is better as it is accepted more.
But in online market I found BTC to be beneficial and easy to use in many online stores and services.
yeah both is better and we should mostly using cash because bitcoin is not acceptable for direct shopping in my country so then i use cash money for direct shopping and bitcoin is a too much great currency for digital uses.

Ya it is true that where their is not direct usage of bitcoin shop , their all users convert the bitcoin to fiat currency and use it so cash is need for the daily life expenses and Bitcoin is source to earn just like doing job and getting payment in bitcoin and then convert it to fiat currency and enjoy it.

and this is why people still convert their bitcoin into cash because in their real world, they still using fiat to buy something and most of people in out there is not yet know about bitcoin. no matter what, as long as many people is still using cash, then cash is still better to be payment gateway to buy something in our offline life.
hero member
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May 10, 2017, 05:58:54 PM
Both are better in their respective fields. But if you consider local daily usage, then Cash is better as it is accepted more.
But in online market I found BTC to be beneficial and easy to use in many online stores and services.
yeah both is better and we should mostly using cash because bitcoin is not acceptable for direct shopping in my country so then i use cash money for direct shopping and bitcoin is a too much great currency for digital uses.
when bitcoin allow in local shops then i will just use bitcoin as my regular money because bitcoin is profitable currency than cash or fiat and a lot of people like to bitcoin but bitcoin is just acceptable in online shop but i hope one day we will be able to use bitcoin in local shops.
hero member
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May 10, 2017, 05:22:08 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

All the reasons why people isn't use bitcoin like what you wrote above will crash if people start to solve the last reason that bold. If people have deep understanding in bitcoin, all things will be as easy as using cash.
sr. member
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May 10, 2017, 05:15:49 PM
But bitcoin is excellent as an investment

Look, the shop owners have no fun to deal with it even for 1 day, have You asked at them Why?
hero member
Activity: 658
Merit: 500
May 10, 2017, 05:08:48 PM
Both are better in their respective fields. But if you consider local daily usage, then Cash is better as it is accepted more.
But in online market I found BTC to be beneficial and easy to use in many online stores and services.
yeah both is better and we should mostly using cash because bitcoin is not acceptable for direct shopping in my country so then i use cash money for direct shopping and bitcoin is a too much great currency for digital uses.

Ya it is true that where their is not direct usage of bitcoin shop , their all users convert the bitcoin to fiat currency and use it so cash is need for the daily life expenses and Bitcoin is source to earn just like doing job and getting payment in bitcoin and then convert it to fiat currency and enjoy it.
I often use my bank card for any direct shopping where bitcoin is not allowed to shop as that is easy for me to keep my money and to shop in my local shops but for international shopping and for international transactions I like only bitcoin as keeping it is even more easy than keeping money in bank card.
legendary
Activity: 3080
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May 10, 2017, 04:53:31 PM
Cash is always better than bitcoin because of its acceptance. It is accepted everywhere. On the other hand, bitcoin has a very less acceptance in real world. But bitcoin is excellent as an investment and cash can't beat bitcoin here. The kind of upside potential bitcoin has, no other investment instrument can fetch that much return in real world.

That is the reason why I prefer to have bitcoin as an investment for long term. I earn salary from my day job and I use cash for my day to day expenses. But I have kept bitcoins as an investment for the future. I am sure I will be able to make out big bucks from bitcoin.
legendary
Activity: 1302
Merit: 1027
May 10, 2017, 04:27:35 PM
Both are better in their respective fields. But if you consider local daily usage, then Cash is better as it is accepted more.
But in online market I found BTC to be beneficial and easy to use in many online stores and services.
yeah both is better and we should mostly using cash because bitcoin is not acceptable for direct shopping in my country so then i use cash money for direct shopping and bitcoin is a too much great currency for digital uses.

Ya it is true that where their is not direct usage of bitcoin shop , their all users convert the bitcoin to fiat currency and use it so cash is need for the daily life expenses and Bitcoin is source to earn just like doing job and getting payment in bitcoin and then convert it to fiat currency and enjoy it.
hero member
Activity: 896
Merit: 514
May 10, 2017, 04:14:37 PM
Both are better in their respective fields. But if you consider local daily usage, then Cash is better as it is accepted more.
But in online market I found BTC to be beneficial and easy to use in many online stores and services.
yeah both is better and we should mostly using cash because bitcoin is not acceptable for direct shopping in my country so then i use cash money for direct shopping and bitcoin is a too much great currency for digital uses.
sr. member
Activity: 490
Merit: 252
http://VKcams.com/
May 10, 2017, 03:21:20 PM
isn't paper money usually backed by something? like gold?


US Dollar is backed by double fuck you.
hero member
Activity: 1022
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Need some spare btc for a new PC
May 10, 2017, 03:06:04 PM
just an agreement by their native government promising that they will pay the equivalent amount of money in exchange of that paper. so its not the money which has value its that simple paper

isn't paper money usually backed by something? like gold? So it's easier to trade with something like paper money than carrying gold around..  Huh Huh Huh
newbie
Activity: 43
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May 10, 2017, 03:00:30 PM
Why? Because Cash is instant payment. Just that.
hero member
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May 10, 2017, 02:46:32 PM
Cash is better because it's accepted anywhere. Bitcoins aren't, you can't buy most of things you need on your daily life with BTCs, you need cash to do it for now. Cash is good also because you can store it at home, somewhere very safe where you know nobody will find it. To store Bitcoins you need informatic security system and it's fail... For me, cash is better on these points.
sr. member
Activity: 490
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May 10, 2017, 02:41:07 PM
Vikingr
*Bitcoin is also used for shopping but it is its initial stage so not much things are available.

You will to say, that no one sell food for BTC around You, even they all have POS for Credit cards and those fees from Banks?
hero member
Activity: 1050
Merit: 521
May 10, 2017, 02:30:45 PM
For me bitcoin is more better than cash because the transaction of bitcoin is convenient and we do not face any problems while in cash transaction we often face some hurdles because of the involvement of a third party.
I am also able to shop with bitcoin and so I mostly depend on bitcoin.
sr. member
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May 10, 2017, 02:16:51 PM
just an agreement by their native government promising that they will pay the equivalent amount of money in exchange of that paper. so its not the money which has value its that simple paper

About what country You are talking now?
Currency
hero member
Activity: 798
Merit: 500
May 10, 2017, 02:14:30 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
cash in credit card and banks do not work offline you will need the machine to withdraw.
Bitcoin is also used for shopping but it is its initial stage so not much things are available.
If you transact cash to any distant then it need more time than bitcoin confirmation.
the transaction of cash has more fees than bitcoin.

So I will say that bitcoin is better than cash.
legendary
Activity: 1274
Merit: 1004
May 10, 2017, 02:05:52 PM
I am not fully agree with op because people do not have the actual understanding of the money they think that the ills or notes they where carrying are termed as money but that's nothing but just an agreement by their native government promising that they will pay the equivalent amount of money in exchange of that paper. so its not the money which has value its that simple paper. and in todays generation everyone needs internet in their daily life without it they can not live
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