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Topic: Why Cash is better than Bitcoin. - page 23. (Read 99340 times)

full member
Activity: 187
Merit: 100
December 27, 2017, 10:41:50 AM
Maybe somebody thinking your right.. but bitcoin is good for international transaction and also allowed to buy some thing that money cannot but digital currency can buy.

Yeah basically speaking nowadays bitcoin is really good for international transaction if you have plenty of bitcoin. But to think that bitcoin only allowed to buy something that real money cannot buy? Your wrong this two currency can buy anything unless you don't have enough money or bitcoin to buy anything.
full member
Activity: 406
Merit: 117
December 27, 2017, 10:19:17 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


Mostly ordinary people more comfortable to use cash, but then rich people don’t use they are convenient to use their bank cards. In my country they are few store, retailer, Hotel, Restaurant, and others accept bitcoin as a mode of payments that why Cast is better than bitcoin.
newbie
Activity: 68
Merit: 0
December 27, 2017, 06:47:41 AM
My point of view for this is basically about physical money. I think cash is better than bitcoin in the sense when bitcoin is converted into cash. Most people use or enjoy bitcoin when it is converted into its local currency equivalent. Well of course it is so evident that we are still did not adopt the bitcoin in our daily expenses or needs. We still use cash or our local currencies. However, most of it are fruits of bitcoin.

Yeah right, the reason why we invested in bitcoin is to have more cash in hand at the end of our investment. I can't argue more on that, really the reason why we are into bitcoin is because of the cash we get at the end.
sr. member
Activity: 756
Merit: 251
December 27, 2017, 05:27:27 AM
My point of view for this is basically about physical money. I think cash is better than bitcoin in the sense when bitcoin is converted into cash. Most people use or enjoy bitcoin when it is converted into its local currency equivalent. Well of course it is so evident that we are still did not adopt the bitcoin in our daily expenses or needs. We still use cash or our local currencies. However, most of it are fruits of bitcoin.
newbie
Activity: 68
Merit: 0
December 27, 2017, 05:12:30 AM
Right now Cash is still better than Bitcoin in many ways. One of them is transacting through cash is easy, fast, and lower fees than on bitcoins. Better to have cash nowadays than bitcoin. Bitcoin is just for investing.
sr. member
Activity: 547
Merit: 253
December 27, 2017, 04:20:53 AM
Bitcoin's value is more superior to fiat.

Yes, Bitcoin's value is more superior than fiat's value. But if you will able to see and identify what's better between them, Fiat is better. Bitcoin is just a cryptocurrency, you can handle it by your 2 hands but fiat does. Fiat is not volatile and this is centralized by government, it means the value is stable unlike Bitcoin that it is increasing and decreasing any time. You can use fiat in any thing you want here in the world but Bitcoin is limited.
member
Activity: 182
Merit: 10
December 27, 2017, 04:15:58 AM
Like for those country where bitcoin is not yet stabilized and not yet legal, it is not merely encourage to use bitcoin as mode of payment. If you want to use bitcoin, you need to exchange money into Philippine Peso to use in buying necessities.
Yes, there are very few bitcoin applications, and it's very rare to use bitcoin for payment, but it's also quite high, so you still need to swap it for a legal currency.
member
Activity: 201
Merit: 10
December 27, 2017, 04:06:38 AM
Like for those country where bitcoin is not yet stabilized and not yet legal, it is not merely encourage to use bitcoin as mode of payment. If you want to use bitcoin, you need to exchange money into Philippine Peso to use in buying necessities.
newbie
Activity: 85
Merit: 0
December 26, 2017, 11:02:58 PM
Maybe somebody thinking your right.. but bitcoin is good for international transaction and also allowed to buy some thing that money cannot but digital currency can buy.

Well to tell you honestly, using bitcoin in small transactions right now is not practical. Transaction fees are very high and transaction process are slow. Its still better to use cash in international transactions.
newbie
Activity: 10
Merit: 0
December 26, 2017, 03:36:02 PM
Maybe somebody thinking your right.. but bitcoin is good for international transaction and also allowed to buy some thing that money cannot but digital currency can buy.
newbie
Activity: 126
Merit: 0
December 26, 2017, 03:24:03 PM
Bitcoin's value is more superior to fiat.
full member
Activity: 518
Merit: 100
December 26, 2017, 09:24:40 AM
It goes without saying that bitcoin and crypto coins will be the future currency. It is secure and not corrupt.The only draw back of bitcoin is this can be used for criminal activities.So if someone is not recommending bitcoin above will be the only reason  that he argue with ,in my point of view.

Bitcoin Cash exploit well-known reliable brand. That’s why we see high price of its coins. But honestly there are some technology lacks in Bitcoin chain that  Bitcoin Cash has improved. This is because Cash better.
member
Activity: 322
Merit: 10
homt.net
December 26, 2017, 08:01:32 AM
I do not think so. After knew about bitcoin, I think bitcoin better than cash. Bitcoin price can be higher and higher day by day. It is different from cash because we can sell and keep it based on the situation. It is more valuable than cash.
full member
Activity: 392
Merit: 100
December 26, 2017, 07:53:00 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 is much more tried and tested by many years by a lot of people and it is hard to trust a new thing especially we are talking about money which have a very important role especially in this period of time. And bitcoins are not stable so if you keep your bitcoins it can either go up or worst goes down. But money will always be stable not unless the money changes their appearance but that can be a collecter items so it is much better for today.
newbie
Activity: 266
Merit: 0
December 26, 2017, 07:50:30 AM
şuan için cash daha iyi olabilir ..ama yakında bitcoin krallık ilan edecektir.
full member
Activity: 357
Merit: 102
December 26, 2017, 07:46:43 AM
I think the things you mentioned above are the advantages of paper money today, the future is different, and the future is where we are headed, if you wanna be wise and be rich today and in the future, then investing in Cryptocurrency would be the best thing that you could do. Because the said advantages of paper money, would be cryptocurrencys least advantage in the future.
Cash is nothing as compared to bitcoin because no matter how much cash you have, it is not going to increase in value over time but this is not the case with bitcoin. Even if you hold bitcoin for some time, you make good profit and get much more than that you have invested into bitcoin. This is ridiculous to prefer cash over bitcoin when we are living in a global village full of technologies. Bitcoin is better option.
sr. member
Activity: 1470
Merit: 325
December 25, 2017, 03:24:46 PM
As of today, the bitcoin currency is not stable and we didn't expect it to be stable in few months or year. That's the reason why cash is much better than bitcoin. Cash currency is much stable and more dependable than btc.

It is because those fiat(cash) currencies are having regulated by central authorities of the government and so they control the inflation of the local currency that's why it doesn't get out of hand because they will either withdraw or pump in more of the fiat to regulate inflation and the same cannot be said of bitcoin because it is left to itself to either appreciate or depreciates and this doesn't make bitcoin any less.

people desire a0 regulation actually, so their work will not go in vain, currently they still trust in it,

but i dont, because the current financial system just lends to the super rich, and enslaves the poor to sell them their time so they can become even richer,

cryptoeconomics gives us all the opportunity to free ourself form this communal elites, slavery
sr. member
Activity: 1470
Merit: 325
December 25, 2017, 03:23:29 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 has fees actually, quite huge ones,

1. the central bank is necessary and its printing press to replace aged bills,

2. the central bank and the people there controll the currency

thats a huge price

regards
sr. member
Activity: 686
Merit: 253
December 25, 2017, 03:22:24 PM
As of today, the bitcoin currency is not stable and we didn't expect it to be stable in few months or year. That's the reason why cash is much better than bitcoin. Cash currency is much stable and more dependable than btc.

It is because those fiat(cash) currencies are having regulated by central authorities of the government and so they control the inflation of the local currency that's why it doesn't get out of hand because they will either withdraw or pump in more of the fiat to regulate inflation and the same cannot be said of bitcoin because it is left to itself to either appreciate or depreciates and this doesn't make bitcoin any less.
member
Activity: 98
Merit: 10
December 25, 2017, 03:21:19 PM
 I think cash is better for those people who do not know about bitcoin. but those people who have knowledge about bitcoin they are giving preference to bitcoin. The new generation might adopt cashless/bitcoin transaction, but the semi backward and backward citizens would still believe in cash.
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