Topic: Why Cash is better than Bitcoin. - page 17. (Read 99328 times)

I think the last reason is most appropriate, "Anyone can understand the value of payment" because for bitcoin until now not all understand about the payment using bitcoin

hyperinflation, infinite supply, heavily manipulated, capital controls, easily lost or damaged, country specific, $30-$60 bank transfer fee, exchange rate fluctuates, can be counterfeit, can't be backed up, etc, etc, etc, etc I could go on and on and on...

I don't think so, but bitcoin is a common currency in every country, but it can only be used in one country.

I think cash is better than bitcoin because cash is accepted in all store. Bitcoin is not acceptable in all store because some country are ban it because they think that bitcoin is a gambling. They said that bitcoin is better than cash because there is no tax here and it is easy on transaction, yes some store accepting bitcoin because they want to have a single one of it but not all store so for me cash is better than bitcoin.

There are so many reasons why cash is better than bitcoin.  First,  bitcoin has no physical appearance while cash has,  second,  cash can be used to any transactions while bitcoin can't, third,  bitcoin is not yet known to many people while cash is known to everyone, and one of the most important is that cash is backed by the government while bitcoin is not and some government had banned the bitcoin.  So we can say that cash is better than bitcoin.  

In some develope countries, cash is limited, people pay, exchange money throught card...
Although Bitcoin started lately, but with its development, I believe goverment will accept Bitcoin as a currency which exchange through Bank

As what's the saying goes, cash is king. Cash is readily available, that means you can buy business, items, and other things right away. You don't need to wait 3 days to convert your stocks to cash. No need to stand in a queue to encash your bitcoin.

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.

Cash is a constant valued currency which is always suitable for using as a payment for anything. But bitcoin is fluctuated electronic currency which is good to trade if you are focussing to earn more from your investment. Useing bitcoin for making payments is generally not a good idea for me and also it's not at all acceptable in every place.

Cash is better than bitcoin in some ways but the most significant way is its flexibility. You don't need internet service to pay for things, no transfer fee and it is accepted in every part of the world unlike bitcoin which is yet to be accepted in some places in the world

there are some people do not know bitcoin currency and also some know bitcoin so why chas money in trust compared bitcoin because most people just know chas and bank money only few who know the existence of bitcoin

That is a big factor why cash is better than Bitcoin; Cash is under government so it is allowed to use worldwide while Bitcoin is not under government, most of the country didn't accept it at all. Also, Cash has been around since then while Bitcoin started late 2009.

Yes

Bitcoin has fundamental scalability issues such as:

- Proof of work mining is using more electricity per transaction than 7 US households per day. There are currently 300,000 transactions a day so if you do the math you can see why this is a massive scalability issue.

- The hard fork was intended to double the storage size of each block that is created on the network, this would help faster transactions occur, doubling the current efficiency.

Now that the fork has been cancelled, many investors are moving their money from BTC into Altcoins, and in particular Bitcoin Cash for the reason that BCC has addressed the scalability issues that the current nodes that control Bitcoin's network fail to address.

What does this mean for Bitcoin?

If Bitcoin does not adapt to the scalability issues that have arisen, it simply will not scale.

Could Bitcoin Cash be the next Bitcoin?

Very potentially, once investors realise that Bitcoin cash addresses these issues, they will put their money into BCC instead of BTC.

Bitcoin cash currently supports 8mb per block instead of 1mb per block (BTC) , this will allow much quicker transactions as it scales.

BTC will eventually fork to upgrade it’s rules, and then destroy BCC, if not then BCC (or another altcoin) will overtake BTC in the long term.

I dont think bitcoin can replace cash anytime soon, it will take many more years for bitcoin to be reachable to each and every person. Cash is better in many ways as compared to bitcoin and some people might even prefer bitcoin, it depends on their opinion.
1.Cash is accessible by every single person on the globe
2.Its not as volatile as bitcoin
3.Its completely offline
4.More secure than bitcoin
5.Can be spent much easily
6.transactions are faster.

Cash has some advantage compare to bitcoin yes it is true, but cash stays its value over time unlike bitcoin that acts like an investment for us that grows in value as each year passes by.

This is correct that cash is better than bitcoin.Suddenly I need mony, Iam not able to sell  btc    for mony because the system has some rules.But If I have cash,I can use it any time.

because money is still the main thing can buy anything

Cash is under goverment and easy to exchange in your country.

I don't believe cash is better than Bitcoin in any way. This is because the cost of one Bitcoin is  more than any currency, and when you have your Bitcoin, there is a lot you can do with it. It can never be compared with cash, so I want to believe that Bitcoin is better than cash.

Since bitkoin has not yet been accepted all over the world and is used day by day, money seems better than bitcoins. But in the near future cryptocurrencies will replace traditional money.