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Topic: Why Cash is better than Bitcoin. - page 15. (Read 99340 times)

sr. member
Activity: 826
Merit: 265
January 11, 2018, 10:19:04 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

Bitcoin has so many advantages compare to cash yet it is not perfect so it also has disadvantages. Bitcoin price pump but if there is pump there is drop. What if in the time we need money the price.of bitcoin is low?
We do not need internet in order to have it, earn it, and saved it. We can save our cash in our house so there is no hassle when we need money. No more transactions in the internet, no need to go somewhere like Cebuana lhuiller which is time consuming. Cash are accepted anytime, anywhere and anyone. Some people who do not know bitcoin will of course not going to save it.
your right mat,this is on perfect reason why fiat is more advantageus over bitcoin,i respect all the goodness of crypto helping transaction to be mo inconvenince for the peole.but we must respect also the capability of the cash.

And the one great thing about cash?is you can use it anywhere and anytime without the need of internet and electricity..and most specially to those country that is not popular the cryptocurrencies.those what they called third world country
sr. member
Activity: 1036
Merit: 294
January 11, 2018, 07:52:15 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

Bitcoin has so many advantages compare to cash yet it is not perfect so it also has disadvantages. Bitcoin price pump but if there is pump there is drop. What if in the time we need money the price.of bitcoin is low?
We do not need internet in order to have it, earn it, and saved it. We can save our cash in our house so there is no hassle when we need money. No more transactions in the internet, no need to go somewhere like Cebuana lhuiller which is time consuming. Cash are accepted anytime, anywhere and anyone. Some people who do not know bitcoin will of course not going to save it.
full member
Activity: 406
Merit: 100
January 11, 2018, 07:41:58 AM
Simply because it can use by all people rich or poor. Cash is more accessible and whereever you will go you can use it. Not just like bitcoin, you can only use it online.
member
Activity: 949
Merit: 48
January 11, 2018, 07:31:27 AM
Cash is very simple to use by everyone, and bitkoin in digital form is not, but using bitkoin it is very easy to make a lot of money, and they can be invested to get results in the future.


I agree with you that cash is very easy and simple to use to everyone. Not like to bitcoin because is not legal to buy yet. But if you do bitcoin you can easily earn money, buy your financial needs easily because you have savings. But total off cash is better.
jr. member
Activity: 224
Merit: 2
January 11, 2018, 07:10:49 AM
Simple..
Cash is more convenient to spend than bitcoin.. And easy to understand around the world..
You can use it in a small markets or stores.
member
Activity: 112
Merit: 10
January 11, 2018, 07:08:03 AM
Cash because there are some places that don't accept bitcoin, but I have not yet heard of a place not accepting paper money.
full member
Activity: 168
Merit: 101
January 11, 2018, 06:53:15 AM
I think the reason behind why many people in the whole world says that cash is better than bitcoin is because of most of the countries recognize cash or fiat money as more liquid and have a legal tender that can be use in any means of transaction. Many people prefer cash because of its physical appearance and there is representation of ownership once it is in your possession.
full member
Activity: 448
Merit: 100
Lets Go Adab
January 11, 2018, 06:50:46 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 for the physical store and you can always use your fiat to buy goods. Credit cards are for online shops just like bitcoins. In my own opinion, Bitcoins is better than cash and why? , Because the value is very profitable since the market is volatile.
newbie
Activity: 119
Merit: 0
January 11, 2018, 06:47:27 AM
While it is true that Bitcoin Cash generally has lower fees (here and now with both coins in their current state), both Bitcoin and Bitcoin cash have rather slow transactions, high fees, and suffer from mining not being all that profitable for the average Joe compared to other coins.
member
Activity: 308
Merit: 14
January 11, 2018, 06:25:51 AM
It all depends angle you are look at it from, cash is good because cash is 100% accepted by the society, you can whatever you want at anytime any day any were, unlike bitcoin that is restricted, but bitcoin  is better because it attract no cost of mentainance like raw cash, and its flexible to use.
full member
Activity: 756
Merit: 102
January 11, 2018, 06:14:56 AM
Cash is always first choice of everyone. And it's acceptance in every country. From cash u can purchase almost all things like house, cars, food, household goods as well as any service from every corner of the world. But from Bitcoin it is not possible. Even everyone thinks that when they buy Bitcoin that when the price of Bitcoin touches its new high and they sold it with profit and converts profit into hard cash. This the main reason for cash is better then Bitcoin.

bitcoin is also now accepted on most major countries and bitcoin can also buy what money can buy but the only problem is that bitcoin cannot totally work without an internet connection but soon if developers can develop a coin like version of bitcoin that trully works in a offline environment then for sure it can possibly compete with fiats or money.

Quote
Even everyone thinks that when they buy Bitcoin that when the price of Bitcoin touches its new high and they sold it with profit and converts profit into hard cash. This the main reason for cash is better then Bitcoin.
what? im kinda confuse on your statement.


Quote
Re: Why Cash is better than Bitcoin.
cash is better than bitcoin because cash can be used anytime, anywhere in any ages with or without internet but bitcoin cannot possibly do this for now.
member
Activity: 238
Merit: 11
January 11, 2018, 06:14:37 AM
I can not say that bitcoin is better. It's just quite different. In some cases, it's convenient to use cash. This is a matter of small purchases and payments. In states where bitcoin is not legalized, only cash has a priority.
jr. member
Activity: 672
Merit: 1
Moderator
January 11, 2018, 05:57:28 AM
Cash is always first choice of everyone. And it's acceptance in every country. From cash u can purchase almost all things like house, cars, food, household goods as well as any service from every corner of the world. But from Bitcoin it is not possible. Even everyone thinks that when they buy Bitcoin that when the price of Bitcoin touches its new high and they sold it with profit and converts profit into hard cash. This the main reason for cash is better then Bitcoin.
sr. member
Activity: 574
Merit: 251
January 11, 2018, 05:48:22 AM
Cash currency is the most popular currency all over the world since 100+ years. Cash transaction works faster than bitcoin, transaction get settled in seconds. Cash currency have world wide acceptance. One cash currency gets converted to another quite easily. Fiat currencies are centralised in nature hence less volatility. Anyone can perform in the absence of owner of fiat currency. Backed and secured by governments and by central bank. That is why cash is better than bitcoin.
member
Activity: 310
Merit: 10
January 11, 2018, 05:29:10 AM

Cash is better than bitcoin because almost 100% of people use cash while bitcoin users are not more than 3%, in addition to larger user issues, cash transactions do not need confirmation so very fast.
full member
Activity: 238
Merit: 101
January 11, 2018, 05:23:55 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

I don't think you can say that one is better than the other. Yes both of them are cyptocurrecies yet have different use. One could not do what the other can. Although they could have the same use yet not in th same way. That is why I don't think cash mush be voided since none of them could be use as what he other could.
Most people used cash neither bitcoin. Because bitcoin is virtual money. You can used it by buying in internet, unlike cash you can used everywhere. But we hope that day came bitcoin will used as like cash. And we can hold it literally.
full member
Activity: 345
Merit: 100
January 10, 2018, 09:47:40 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

I don't think you can say that one is better than the other. Yes both of them are cyptocurrecies yet have different use. One could not do what the other can. Although they could have the same use yet not in th same way. That is why I don't think cash mush be voided since none of them could be use as what he other could.
member
Activity: 378
Merit: 10
January 10, 2018, 09:35:40 PM
Cash is better than bitcoin because of its liquidity. Anytime and anyw
here you can use cash as a mode of payment while bitcoin there were only few establishment  accept bitcoin as payment. If you want to pay your bitcoin as a mode of payment, you must convert it into cash before you can pay it.
member
Activity: 134
Merit: 10
January 10, 2018, 09:20:39 PM
For the moment cash is real money while Bitcoin is just a store of value with the nice tendency of growing in value in time. So Bitcoin is an investment, but for real life cases you'd better have cash.
member
Activity: 280
Merit: 10
★Bitvest.io★ Play Plinko or Invest!
January 10, 2018, 09:16:39 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



In other country's who has many poor population...cash is advantages for them.especially from now on they don't have knowedges about the new gital currency which the bitcoin money. For so many reasons... Especially they don't have internet connection. But in  other country which is riches country.. Cash is obsulete for them..because they don't like to bring cash on hand... So for them bitcoin is better than cash.
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