Why Cash is better than Bitcoin. - page 20.

nick_nick

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Quote from: Sex Video Chat VKcams.com on May 08, 2017, 01:27:34 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

Since bitcoin is not accepted by all economies as a medium of exchange, cash would be still be the preferred means for transactions. Not that holding cash is better than BTC but is because of acceptability and transaction delays

The Monkey King

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Quote from: Sex Video Chat VKcams.com on May 08, 2017, 01:27:34 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

because they can take it anywhere they are and much easy to pay for they bill or expense on our country bitcoin is not yet legal that's why if you pay bitcoin they will not accept it and i don't have any news if there are places here that accepts bitcoin already.

last7minutes

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Bitcoin from one point of view and cash from another has every its own benefits. Cash is better for everyday life. Bitcoin is good as alternative way of holding money and making anonymous transactions.

Active0303

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Really I think cash is better than bitcoin. Because cash is accept as the legal tender and the most liquid medium for exchange by all people and countries.

haster100

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I would not say that it's better or not. They serve different purposes for people.
Bitcoin has not been distributed yet. Thus, cash is now more convenient for everyday use.

jokilax

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Cash is better for emergency situations.cash has no transaction charges.bitcoin cost is very high,so it is not suitable for paying less amount.

jbarcenas18

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Quote from: Rooster101 on January 05, 2018, 03:04:49 AM

The availability of cash make it better to use conveniently than bitcoin and if you are not use to virtual money in transaction then it will be better to use actual cash instead. Bitcoin is use only for online transactions and majority of the people are still has no knowledge in using it like converting bitcoin into cash itself.

Cash is ready money so that means ready to use as a medium of exchange while bitcoin is not yet accepted all over the world, just like our country they don't accept bitcoin as payment of goods purchase so cash is better than bitcoin for fast transaction but not bad cause bitcoin here can be converted to cash that's the good thing in bitcoin.

Rooster101

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The availability of cash make it better to use conveniently than bitcoin and if you are not use to virtual money in transaction then it will be better to use actual cash instead. Bitcoin is use only for online transactions and majority of the people are still has no knowledge in using it like converting bitcoin into cash itself.

leitsme

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Bitcoin is the mother of all cryptocurrencies and the most popular and trusted one.Hopefully,bitcoin will become the world's currency anytime soon.

twthmoses

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Quote from: Nana99 on January 03, 2018, 04:13:21 AM

It is nearly impossible to spend bitcoins in every day shoppings. There are no shops that accept bitcoins in my country, thats why people use cash

- and there will never be, other then a few oddies that just want to use (new) tech, regardless if it functional or not. Bitcoin has too high a fee and too slow transaction speed, two things that will have to be overcome to compete with cash for minor daily business usage.

Nana99

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It is nearly impossible to spend bitcoins in every day shoppings. There are no shops that accept bitcoins in my country, thats why people use cash

BlasterS

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I think cash possess a physica substance which the bitcoin does not have. It is more convenient for some countries since they are not yet develop and not technologically advanced.
Through this cash is more convenient for them in any means of transaction.

jg216808

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Cash is globally used, and i think it will be hard for some people to understand bitcoin.. so for now we use cash, but as you all say, cryptocurrencies are future

denzkilim

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Quote from: katiecbell on January 02, 2018, 08:28:44 AM

Quote from: Bountyhunter01 on December 20, 2017, 05:42:14 AM

People are every times does not use the Bitcoins. For e.g. foods, clothes etc.

In many countries bitcoin as a payment system. To buy foods , clothes and other needs of daily life. Many countries have bitcoin ATM like America and japan. Many people knows about bitcoin even in third world countries. Bitcoin is the most popular currencies. It is more better than conservative cash. It is the step towards better and more profitable and safe future. Without intervention of any government authority.

Bitcoin and other crypto currencies are not that stable as you imagine, the price can easily go down and go up in just minutes or hours unlike flat the price is stable and you can keep it worry free. But if you're risk taker you can try investing in crypto currencies but invest at your own risk and invest only what you can afford to lose.

katiecbell

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Quote from: Bountyhunter01 on December 20, 2017, 05:42:14 AM

People are every times does not use the Bitcoins. For e.g. foods, clothes etc.

In many countries bitcoin as a payment system. To buy foods , clothes and other needs of daily life. Many countries have bitcoin ATM like America and japan. Many people knows about bitcoin even in third world countries. Bitcoin is the most popular currencies. It is more better than conservative cash. It is the step towards better and more profitable and safe future. Without intervention of any government authority.

wellbastian

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Quote from: Sex Video Chat VKcams.com on May 08, 2017, 01:27:34 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

If you just doing for offline transaction then cash is best choice, easy to use anyone and transactions anywhere.

voztata

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Quote from: Joriecoinbit on December 18, 2017, 09:55:53 PM

Quote from: KrishaBitcoin on December 18, 2017, 08:47:35 PM

Quote from: Sex Video Chat VKcams.com on May 08, 2017, 01:27:34 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

Because cash can be use anywhere in the world and can be use by anyone even by the children as long as they know how to buy unlike bitcoin you will need to look for the internet connections and establishements that will accept bitcoin transactions.

Cash is more convenient to use than bitcoin because you're not required to have a gadget or internet connection to make a transaction. When you buy something, there's no need to wait for an hour to confirm your transactions. And cash is accepted worldwide and can be used anywhere in the malls or stores. Although, you only gain profit in your cash if you put it in a bank unlike in bitcoin. Also, cash has a fixed amount while bitcoin is volatile. Overall, if you're not aiming for earning profit, cash is better to use but if you're aiming for earning profit, then use bitcoin as its price keeps on fluctuating.

Those who are sincere with their public and state have already declared bitcoin legal without any public pressure because they want their country to progress and develop in the best possible way. Bitcoin is a revolutionary currency, it has changed the lifestyles of people in different ways. People are in love with bitcoin because they are their own bosses with this currency. Bitcoin has gave them the real sense of freedom.

ycoin123

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Quote from: Holliday on May 08, 2017, 01:34:50 AM

Especially useful in places like Venezuela! (Coming soon to a country near you!)

haha lol

tanjiran

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Quote from: donovank on December 28, 2017, 04:23:55 PM

Cash is history
Crypto is future

I'm not saying Bitcoin is future, but another coin will probably be huge in lets say 2020.
A coin that has perfected it's technology, and is good for small purchases as well as big ones.
I wonder where we will stand in 2020, I hope it's one of my current investments that makes it lol

but we still need cash, unless in that year the internet has reached the whole world and there is no problem for transaction fee, and the most important is the legality of cryptocurrency. that's the thing to watch out for. then in my opinion, however cash money and cryptocurrency will equally exist with each advantage.

donovank

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Cash is history
Crypto is future

I'm not saying Bitcoin is future, but another coin will probably be huge in lets say 2020.
A coin that has perfected it's technology, and is good for small purchases as well as big ones.
I wonder where we will stand in 2020, I hope it's one of my current investments that makes it lol

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