When selling something online, bitcoins are dangerous to spend of.
The reason is that when someone transferred bitcoin into someone's wallet, they could scam you.
They could run of your bitcoin. Cash is better to spend of when purchasing something because it is real. Bitcoins are not yet that too p
Topic: Why Cash is better than Bitcoin. - page 43. (Read 99328 times)
To be honest, we need both cash and crypto currencies. But to say that cash is better is absurd! If you aren't rich you have to work to get cash and during this process the government already takes a part of your work thru income tax. And when you use it as a payment you have also to pay the value-added tax. Hence, to say cash has no fees has absolutely nothing to do with the reality and more worse its tax is unlike higher than for crypto currencies!
true, depending on what it is for. rather than comparing which one is better, I think using both for a more convenient and secure transaction process as needed is the right choice. there is no substitute for each other, but complement each other between fiat and bitcoin. Is not it?
If you want to send money to another country's citizen, bitcoin is better.
If you wanna use your money in your country, like spending it, cash is way better than bitcoin. We need to be honest here.
Yes, in a normal everyday life it is much more convenient to use cash. Especially in my country, because I can not use Bitcoin as ordinary money here. But for long-term investments it is better to have Bitcoin. Because it grows and brings good profits.
Cash is useful yes, but sometimes, especially when travelling or have to process international transaction, we cannot pay cash all the time It is always better to transfer payment directly online thru a system that allows you to make direct payment without additional fees and other reuirements that might delay your transactions. In reality, we tend to bring our smart phones than our wallet so why not have our online wallet which can be accepted to pay anywhere.
I think the point is that when you're holding something (money), you understand that you have something. But this is an old habit, which becomes obsolete, if we talk about cash. For bitkoyn the future, and I think everyone understands this, even old people Wink
Cash is widely accepted and we can deal with offline and if we can transfer personal money, then this is not a big problem because the transaction is similar to Bitcoin with almost the only higher fee. . Cash also depends on its value, so we do not have to worry about the loss of our fitta. There are both fees for ATM and credit cards. It may have zero confirmation time but it is also possible to get chargaback and scammed. The electricity network will provide us with the ability to make micro-payments and not wait for the confirmations. The bank controls your money, you do not.
To be honest, we need both cash and crypto currencies. But to say that cash is better is absurd! If you aren't rich you have to work to get cash and during this process the government already takes a part of your work thru income tax. And when you use it as a payment you have also to pay the value-added tax. Hence, to say cash has no fees has absolutely nothing to do with the reality and more worse its tax is unlike higher than for crypto currencies!
true, depending on what it is for. rather than comparing which one is better, I think using both for a more convenient and secure transaction process as needed is the right choice. there is no substitute for each other, but complement each other between fiat and bitcoin. Is not it?
If you want to send money to another country's citizen, bitcoin is better.
If you wanna use your money in your country, like spending it, cash is way better than bitcoin. We need to be honest here.
cash and bitcoin has different usage, if the bitcoin is better than method of payment cash or online shopping center in chas. but cash or any payment methods also have the risk of counterfeit money and actions such as theft then that's just better bitcoin instead of cash, bitcoin easily saved the price value is higher than the cash
To be honest, we need both cash and crypto currencies. But to say that cash is better is absurd! If you aren't rich you have to work to get cash and during this process the government already takes a part of your work thru income tax. And when you use it as a payment you have also to pay the value-added tax. Hence, to say cash has no fees has absolutely nothing to do with the reality and more worse its tax is unlike higher than for crypto currencies!
true, depending on what it is for. rather than comparing which one is better, I think using both for a more convenient and secure transaction process as needed is the right choice. there is no substitute for each other, but complement each other between fiat and bitcoin. Is not it?
Clearly described the real facts. It depends upon the user who use the cash or bitcoin. When it comes to bitcoin the user needs some sort of knowledge relating to computer to make use of it. With cash each and every one can use without complications. In terms of growth cash has a stable value, but bitcoin grows profiting the users. So upon the necessity different users have difference in opinion correlating each other.
We are all striving to earn bitcoins because we are going to exchange it to cash and that is the reason why cash is still better than bitcoins, Maybe in the future if bitcoins will be the world currency then that is the time when it will be better than cash.
Cash is better than bitcoin is some ways. First it provides sercurity that you already hold the money for every transaction.
Another thing is you cannot use bitcoins in some transactions like buying in goods in the dry/wet market, paying transportation expenses in jeepneys or tricycles, buying some things in sari-sari store and etc.
Another thing is you cannot use bitcoins in some transactions like buying in goods in the dry/wet market, paying transportation expenses in jeepneys or tricycles, buying some things in sari-sari store and etc.
If you have US Dollars, Euros or British Paund it's better than all. But the people needs ATM and credit cards too. It's the safest way i think. You should not carry too much money in your pocket right? But for me BTC is safest and easiest. I wish we can spend BTC in everywhere soon..
cash is better then bitcoins because we can use cash in physical form, and do shopping in any market where we want we can give cash to anyone which can be physically in large amount or less it can be hand by hand we can touch it. It is the most accepted in most shops. You can use it without internet . Doesnt need internet connection. every one can keep it themselves and protect it.
paying with cash needs not confirmation. so easy to use, we dont have to wait confirmation as in bitcoin which has to wait confirmations to complete transaction. moreover, bitcoin's fee transaction is now much too high for micro payment.
Bitcoin has to do something on its speed and most especially its expensive transaction fee. Bitcoin is becoming more of an asset but how are people going to justify its worth? Bitcoin Cash and some other alts will probably overtake Bitcoin soon if no better upgrades happen.
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
Right now, cash is still better than bitcoin because it is recognized in every part of the world, and people are actually more comfortable using it. It's value and use has been proven for years, and the market we have come to know today is built in the foundation of money. Bitcoin, at the moment, is an upcoming medium and currency, and you can say is an additional option for people to choose from to transact and deal with instead of using the seasoned and traditional ones.
People use cash for their necessary because Bitcoin is not available everywhere. To use Bitcoin we need online data but cash is an offline system and it is easy to understand.
For me I use fiat out of necessity. I can not use Bitcoin to pay for products nor services in my area as yet and I am yet to find a debit card provider I can utilize, which sucks for me, so FOR NOW I have depend on fiat for my day to day expenses. I do not think Cash is better, I like the excitement BTC provides. Watching it swing up and down like a chimpanzee is pretty heart stopping, for me at least.
why cash is better than bitcoin? because you can make payment transactions anywhere and anytime, unlike bitcoin. you use bitcoin only in certain places.
paying with cash needs not confirmation. so easy to use, we dont have to wait confirmation as in bitcoin which has to wait confirmations to complete transaction. moreover, bitcoin's fee transaction is now much too high for micro payment.
Bitcoin has to do something on its speed and most especially its expensive transaction fee. Bitcoin is becoming more of an asset but how are people going to justify its worth? Bitcoin Cash and some other alts will probably overtake Bitcoin soon if no better upgrades happen.
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