Topic: Why Cash is better than Bitcoin. - page 16. (Read 99340 times)
On my own point of view I think for now Cash is better than Bitcoin when it comes to buying goods and other services because not all stores,mall etc accept bitcoin as a payment for goods but if bitcoin will be accepted in all like cash after a year or two then Bitcoin will be better among other cypto and cash.
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
* 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
Well, bitcoin is better than cash for the following reasons.
* Freedom
* Decentralization
* Global Payments
* Privacy and Security
* Bitcoin Value Exponential Growth.
Currently fine I will concede that cash is a better medium of exchange for goods and services. What about in 5 or 10 years from now I don't know if the situation will be the same. For one thing cash is on its way out of society and will likely be phased out in the next 25 years and bitcoin is on the rise and is apart of our normal digital lives that we have been living for a few years now. Cash is better now, but cash will be worse soon imo.
Cash is always acceptable to all.We can do many things with cash money that we can not do with bitcoin in all places.Such as we can buy car,house and so on.That's why cash is better than bitcoin.
I would say that cash is better than bitcoin if you look at it's uses, bitcoin is limited and it's not a real money since it relies on the value of fiat and not all people can use it. Bitcoin is an investment for me and very useful for people who like to have a fast transaction online and this will be useful more in the future as online currency is the trend.
Cash is always acceptable to all.We can do many things with cash money that we can not do with bitcoin in all places.Such as we can buy car,house and so on.That's why cash is better than bitcoin.
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
* 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
Garena cash is legal and legalized payment, unlike bitcoin. Cash also does not need confirm time and does not need transaction costs. I totally agree with all your point.
Maybe in the future cash will be replaced with bank cards and maybe cash will not be exist anymore.
Cash is a liquid source for payment available anywhere
It works offline and doesnt need internet
No transaction fees required
No extra time needed for payment
Value is known by both the sides and less confusion
It works offline and doesnt need internet
No transaction fees required
No extra time needed for payment
Value is known by both the sides and less confusion
Currently cash is the most liquid source of payment, in the future this might be change but now the Cash is the king in term s of payment.
Cash is a legal tender which is the most liquid medium consider by accounting.
I think the reason behind why some other people says that cash is better than bitcoin since it is more convenient to use if the country is not yet technologically advanced which the bitcoin cannot adopt with this situation.
I think the reason behind why some other people says that cash is better than bitcoin since it is more convenient to use if the country is not yet technologically advanced which the bitcoin cannot adopt with this situation.
Today's trend is full of high technology and people's attitude, psychologically and sociologically speaking starts to adapt on the change that continuously happens. Therefore, people are becoming attached with what is trending and not on what is being traditionally used. With that I must say that people knowing and using bitcoin chooses to use bitcoins instead of cash. Most of them have the saying that "Bitcoin today, relax inn the future".
For that reason, I must admit that cash is better for now because it has been used all throughout but I still believe that bitcoin is becoming more powerful than cash.
Cash is a legal tender which is the most liquid medium consider by accounting.
I think the reason behind why some other people says that cash is better than bitcoin since it is more convenient to use if the country is not yet technologically advanced which the bitcoin cannot adopt with this situation.
I think the reason behind why some other people says that cash is better than bitcoin since it is more convenient to use if the country is not yet technologically advanced which the bitcoin cannot adopt with this situation.
Cash is better than bitcoin because cash can buy foods and anything, while bitcoin is the currency inside the technological world.
Cash is the king. If bitcoin waives its peer-to-peer transaction fee, it may have a chance to win the title. 
I think we will not be seeing bitcoins fees to lower. As the bitcoin increases so thus the fees. I hope a development or enhancement to blockchain's technology will be done in order to support transactions to lower the fees.
Bitcoin experienced its first hard fork during the summer. The hard fork was as a result of a disagreement between Bitcoin’s core developers and miners. The dispute continues and is ultimately an attempt by Bitcoin’s mining cartel to hold on to all of the hashpower for Bitcoin mining. Bitcoin experienced its first hard fork during the summer. The hard fork was as a result of a disagreement between Bitcoin’s core developers and miners.
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 these are the things we're used to and things that we have in common. Easy to use and understand, Unlike bitcoins that many people do not understand it or difficult to understand things about bitcoin. * 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 cash can be used anywhere where internet is not available as currently use of digital currencies by business is still limited. So in future may be bitcoin becomes more useful than cash but currently cash is better than bitcoin in use
In my country, bitcoin is not allowed therefore can not be used, if bitcoin is allowed in my country, there may be some people who do transactions with bitcoin but most will still choose to pay cash because it is easier to understand. . .
Cash is the king. If bitcoin waives its peer-to-peer transaction fee, it may have a chance to win the title.
Because cash is allowable of any country and any banks you can buy anything in anystore. It's so useful it's an world wide tradition of paying material thats why its more convinient that bitcoin.
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
* 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
This is actually correct. And I agree. These are the advantages that we enjoy from out fiat currency. However, there are also disadvantages of the fiat system. And these disadvantages will be well-provided by Bitcoin. Say for example, the fiat system is basically under the control of one single authority and all transactions using fiat is sanctioned by the central bank or the central government. With Bitcoin, transactions will fall within the personal level. Everything is happening between two people, without necessarily passing through some outside powers.
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