Topic: Why Cash is better than Bitcoin. - page 34. (Read 99340 times)
Because many country that nothing rules about bitcoin and many transactions that use money cash. I think bitcoin just is an income for user and than they are exchange this income from bitcoin to money cash.
Simply because bitcoin is decentralized means everyone are working with this to keep bitcoin running. Also, there are some countries that are not yet accepting bitcoin. Also, bitcoin value is not even stable it might go up or go down anytime so making this a payment won't be sure if you are able to pay or to get at the exact prize. In addition, everyone does not know yet about something to bitcoin it would be hard if bitcoin turns as the medium of exchange or such thing to use as payment. Also, bitcoin might get hacked by hackers though it cannot be steal in reality, but it can be steal even if you are in safe zone. Thus, Cash is better than bitcoin.
cash is better than bitcoin because cash can be directly used and accepted around the world, easier to use and all can accept
I agree, for now, cash is better than Bitcoin, Cash is very easy to use as payment to meet the needs of our daily life,.
Money is more important than BTC simply because it is used and accepted in all countries, it can be used both online and offline. If you own the paper money, you can buy Bitcoin at any time Bitcoin exists, but this for the BTC is very difficult, because the BTC depends heavily on paper money, if the BTC lose its value, it will not be able to convert to money for use in transactions.
cash is better than bitcoin because cash can be directly used and accepted around the world, easier to use and all can accept
You will also be able to use Bitcoins directly, if it gets popular across the globe. Right now many of us are converting our coins to fiat cash, and using this fiat to purchase goods. This lengthy process is going to end. Soon, most of the shops and businesses will start accepting Bitcoin. The only problem with that plan right now is the ultra-high transaction fee.
they serve their purpose,
fiat to be used on your own country to buy goods.
bitcoin to speculate value of crypto
if there will be a dip cash buy bitcoin from fiat then sell high, end
fiat to be used on your own country to buy goods.
bitcoin to speculate value of crypto
if there will be a dip cash buy bitcoin from fiat then sell high, end
cash is better than bitcoin because cash can be directly used and accepted around the world, easier to use and all can accept
Bitcoin is yet in its growing phase and havent got adopted in the assert for local stores following hotels and malls or new daily usage things. So we have to use cash or cards from the banks for that. In sophisticated if every share of country adopts Bitcoin or new cryptocurrency subsequently it may be popular than cash.
Well cash can do things that bitcoin can't. Like paying things, cash can pay in any thing most likely, while bitcoin can only pay in few things. You can have cash anytime with you and use it anytime you want, while on bitcoin you can only access it with a few ways. But on the other hand there is a thing that bitcoin can do that cash can't do, bitcoin can be valuable so fast but cash can't. Cssh can only raise a bit of it's value, that's only according to my personal research about cash vs 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
Stable price, no dump & pump, can't manipulate the price by a certain people, instant payments no waiting time and not prone to hacking (just wallet snatching)
Additionally, poor friendly, poor peoples are most benefited with it, it is the most important payment type for most of the people in poor countries.
Cash and bitcoin both have their uniqueness be it widely accepted or not,both can be use for transactions dependingon the individual. so to me they are serving the same purpose because you can convert easily it you want to.
One big and obvious benefit of cash in front of Bitcoin is that cash is more liquid than nay cryptocurrency. Even Bitcoin haven’t developed its infrastructure on so high level to compete with the real money.
I believe that Bitcoin is yet to be more developed but what makes cash better for now than btc is that cash, as long as it is on hand is very easy to use for any transaction. It is an evidence of a social status and everyone in the world regardless of their status, whether educated or not knows perfectly what is cash and for what purpose this is for.
Cash and bitcoin both have their uniqueness be it widely accepted or not,both can be use for transactions dependingon the individual. so to me they are serving the same purpose because you can convert easily it you want to.
One big and obvious benefit of cash in front of Bitcoin is that cash is more liquid than nay cryptocurrency. Even Bitcoin haven’t developed its infrastructure on so high level to compete with the real money.
Cash is better than bitcoin in a lot of ways. Here are some of it in my own thinking. Cash is globally accepted, we all know that some country don’t accept bitcoin. Cash don’t require internet or gadgets, bitcoin need internet and device to run it. Cash don’t need fees or charges when paying, bitcoin requires fees or charges when used. Cash is used of all of the people, some people don’t even know about bitcoin. Cash can buy in a blink, bitcoin needs to be transfer into currency first before become money.
I definitely agree with you . Although Btc is popular in any way, some countries have not accepted BTC. And even there are many people don’t know what bitcoin is and some do not want to invest due to it s risky .All you know that cash is convenient ,for example : when you go shopping or buy something to eat,drink … you know cash is the most important, if you don’t have cash ,you can’t buy many things. Especially if we use BTC, we must have take times to transfer to currencies . Some of reasons above is enough to say that cash is better than BTC
Both cash and bitcoin are benificial to people. What makes cash better than bitcoin is that cash already established its reputation to be used in all trading transactions while bitcoin as virtual currency doesnt exist and some people did not use this kind of currency for their transactions. Yet if people be educated that through bitcoin they can also earn and save cash virtually. That is why i say bitcoin and cash are essential in people with enough knowledge and understanding in our current monetary system.
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
Sometimes cash is better than bitcoin because when there is no internet connection we cannot use bitcoin unlike cash we pay it when we buy foods and others stuff that we need.We cannotnuse bitcoin when offline and there is no fees and charges when we use it. * 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 and bitcoin money have their own advantages. well, the advantages of cash that is offline and not internet dependent, can cover of bitcoin that is very dependent internet. so on and on. they do not compete each other, but they complement.
because any of our needs can be made up only by cash...bitcoin can't do it...but those who have no problems with cash can spend even more time on earnings with bitcoin)
I must admit that at some point cash are better than bitcoin, for daily usage and spending cash is better because, it was accepted everywhere and it can be used without electricity and internet, that is why fiat still important, but for investment bitcoin is better because cash has inflation
Cash will not be as useful as it was in the future.
Several progressive countries are moving on and going cashless.
Cashless means going digital but not necessarily Bitcoin (blockchain).
Bitcoin (blockchain technology) is much more on putting more grease on payments made globally not locally.
The technology still needs to be perfected, but once it matures, surely it will replace cash and everyone will go cashless.
Personally, I find bitcoin liberating, since I do not have to open bank accts for it (which entails a lot of paperwork, hands over my money to some sleazy institution) and I can send it everywhere in the globe.
Several progressive countries are moving on and going cashless.
Cashless means going digital but not necessarily Bitcoin (blockchain).
Bitcoin (blockchain technology) is much more on putting more grease on payments made globally not locally.
The technology still needs to be perfected, but once it matures, surely it will replace cash and everyone will go cashless.
Personally, I find bitcoin liberating, since I do not have to open bank accts for it (which entails a lot of paperwork, hands over my money to some sleazy institution) and I can send it everywhere in the globe.
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
Yes this all are the advantages of cash over bitcoin but they are just for now all of this will be overcome by bitcoin one day. Bitcoin will work offline and research would be made to do this. the fees problem will also be resolved when bitcoin becomes a global and legal currency. Food and shopping payment has already started in some places where bitcoins are accepted as a payment. All this will be overcome in the coming years i think and bitcoin will be also used by common people to do every day payments. * 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
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