Topic: Why Cash is better than Bitcoin. - page 26. (Read 99340 times)
Till BTC is not legalized, cash is better than bitcoin because till then u need cash for having transactions but once BTC become centralized, BTC is then all time better than cash because like other online currency, it has numerous of advantages that u need not to carry such a huge amount, it could not easily be stolen, does not involve any third party seizure and moreover BTC increasing valuation is significance of its world wide use by each and every person of planet. So BTC or any other cryptocurrency is better than cash.
Cash is better than Bitcoin. On the other side, there are many country that don't accept Bitcoin for modern technology or economical reason. So Bitcoin is won't the first payment choice there. Fiat is the biggest way for the bigger part of hole world.. it doesn't mean that cash is better. They are just not ready for Bitcoin. I believe that, once upon a time there government accept Bitcoin and every people use it...
I don't think that some governments will not accept bitcoin as a currency for the reason that it is decentralized.
I agree without that the reason why people choose cash but if the store accept bitcoin I will rathe to choose bitcoin than cash, because the price it self can up. There are store accepting right now but I don't know what kind of store. I saw last time there's a news that MCdonalds will accept bitcoin soon. I didn't read the full article but if its true, that's a big news!
The first, most important benefit of real money cash and its infrastructure is that the governments are trying to guarantee the level on which currencies are traded. Cryptocurrencies hasn’t such option.
I think the best reason behind why cash is better than bitcoin since many countries in this world consider cash-based in all barter or commercial transaction.
Cash is the most liquid item for gaining monetary value and I think one of reasons also is the physical substances that the money has.
Cash is the most liquid item for gaining monetary value and I think one of reasons also is the physical substances that the money has.
Basically cash is the main way of purchasing whatever we like. Its the old way to use in buying or purchasing whatever ever we need. Its not a question why it is better than bitcoin. Bitcoin can be converted into cash, it is like a credit card that we use in purchasing online. Although not all store accept bitcoin but soon. I heard there are some fast food chains, restaurant and hotels are accepting bitcoin so sooner or later bitcoin will just be fine just like a credit card. Well, we have to accept the fact that some other countries cant recognize bitcoin so they prefer cash. Some people dont even have credit card. There are poor countries where people dont use credit card because they dont have enough money. What is important to them is the cash money because cash money is universal. Everyone accept it.
Cash is better than bitcoin by simply because the bitcoin is need a requirements for bitcoin became able to use but the cash didn't need any requirements to use it that is the biggest advantage of fiat however the bitcoin advantage is that it is online and you can send money from everywhere.
if you have to pay quickly on the Internet, then crypto money has more advantages, this is one of the reasons why they are needed
Bitcoin can not replace physical currency.Cos cash has edge over bitcoin.You can use cash everywhere..Does need internet ,computer or even power,which is not possible with bitcoin transaction.Cash transactions does not need confirmation or any txn fee
Cash is legal anywhere, and where you can pay or use it anytime and everywhere. Because bitcoin is not legal anywhere on other country. But the value of bitcoin is nice.
I think it is simple if the cash is good and the bitcoin is bad, then surely bitcoin has not come out and developed like this. You can see a bitcoin is currently worth $ 17000, ask the question: why is it so valuable? Is the financial bubble as the newspaper says. I think it's definitely not because no bubble can be sustainable and lasting like bitcoin.
Do you know other bubble in the past? Dot com bubble is one of the best example and can compare to Bitcoin (cryptocurreny bubble) today. Dot com is the biggest bubble and made investors lost the most money in the history of the world's economy and financial.
I think it is simple if the cash is good and the bitcoin is bad, then surely bitcoin has not come out and developed like this. You can see a bitcoin is currently worth $ 17000, ask the question: why is it so valuable? Is the financial bubble as the newspaper says. I think it's definitely not because no bubble can be sustainable and lasting like 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
Well, in my opinion, Bitcoin is still better than Cash in overall aspects But still, there are advantages of cash such as being legal to most of the countries unlike Bitcoin. Also, it has a more stable market value than Bitcoin which makes it less risky to put all your wealth to. I think it is better in the aspect of being secured. * 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 still better in some ways. You still need cash to pay bills, or going to mall and restaurants. For now, cash is more staple than bitcoin.
Cash is more stable than crypto coins, but I don’t need physical cash to pay bills, - I have personally not paid a bill with cash is 15+ years. It all runs automatically via bank pay service, and should I get a bill from somewhere, I use Mobil pay, credit card or bank account transfer, all takes only seconds.
Well bitcoin or some other altcoin will come to a pretty "stable" price in future, at this moment bitcoin is mostly used to speculate its value but it has to, needs to break that barrier in order for it to gain price stability. With many people comming into the market of course that its price will raise and is expected to raise. But yes stability is one of the things that is killing it right now.
Stability might be one of the problems. On the other hand in-stability might be the reason bitcoin gained in popularity (quick gains, and also losses). However the main problem, as I see it, the very technology used for bitcoin, slow transaction and large fee, is simply unable to compete with cash, or its digital payment method, namely credit card and Mobil pay. With the speed and ease of these, bitcoin has no chance to ever dethrone paper cash or digital cash. Other coins might fair vastly better on both, but it is the very block chain technology that is flawed for minor daily business. It is simply not useable for this kind a transaction. This is where any future coin should strike. Once you solve this little puppy, you are going to be king of the hill.
Although bitcoin is invaluable at this time but i still choose cash money because it can use for what we what to buy in our daily life, while cryptocurrency we can use just for online transaction.
cash, creditcard, debitcard, checks and more are usually paid by people in markets, groceries, department stores hardware and things that people use. Because bitcoins are not supported by the government and it does not have taxes paid so it does not people use to pay for the items or food they have bought
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
Cash is better than Bitcoin because just like what you said there is no fees and you can buy the things that you want or need. It is better because some store are not accepting bitcoin because in some country they are not legalized bitcoin because they thought it was a scam or gambling site.
because cash all times needed but bitcoin if you dont have knowledge in internet you cannot use it
Even without knowledge in internet you can still earn or invest from it. Most of investors in the market don't know how to use computer either. They just have hired someone to do so. Cash is still essential for this transaction.
because cash all times needed but bitcoin if you dont have knowledge in internet you cannot use it
For me why cash is more better than Bitcoin because it can be used anywhere and anytime. Although bitcoin is made to fit all the fundamental properties of money and investing in Cryptocurrency would be the best thing that you could do. Especially when you have knowledge about bitcoin.
I think that the bitcoin and cryptocurrencies will be the next generation digital CA$H. There will be no inflation problem with digital cryptocurrencies. We dont need credit money anymore )
Correction, Bitcoin is already a digital cash that can be used in buying something online. Bitcoin someday will replace cash, but for now it still essential to have cash at hand.
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