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Topic: Why Cash is better than Bitcoin. - page 44. (Read 99340 times)

member
Activity: 204
Merit: 11
November 17, 2017, 05:11:06 PM
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.
member
Activity: 72
Merit: 10
November 17, 2017, 05:03:13 PM
It's highly regulated, there are fees, can't use cash/atm of one country in another, foreign exchange fees, etc...
member
Activity: 252
Merit: 10
November 17, 2017, 04:54:27 PM
The use of the money is better than Bitcoin. There is some place where can be not payment by Bitcoin. For example, after purchasing goods in a grocery store, if the bills to be paid by the bitcoin, but if there is no acceptance of Bitcoin, Better than the bitcoin then more reasonable in cash.
member
Activity: 113
Merit: 10
November 17, 2017, 03:43:04 PM
You are secured if you have cash than bitcoin. I'm not saying that bitcoin is not safe or not secure,but if you have the actual money in your hands,you are assured. Also,you can't easily cash out money from bitcoin if you are offline. Another thing,there are too many temptations in internet,like online shopping and such.
newbie
Activity: 7
Merit: 0
November 17, 2017, 02:35:52 PM
I cannot wait for bitcoin to be more widely used as currency for transactions instead of just something to invest in.
full member
Activity: 938
Merit: 102
November 17, 2017, 01:41:51 PM
like Venezuela!

Show me, how BTC is used there for food shopping, seems it exist not.

In Philippines we used bitcoin for paying electric bills , water bills , internet bills  , cellphone load , and also withdraw cash in ATM machine by not using any ATM cards  ..
sr. member
Activity: 574
Merit: 256
November 17, 2017, 01:35:51 PM
Cash is a traditional mode of transaction.No doubt now days Bitcoin is gaining popularity but due to some features of cash it will not be able to replace cash. Cash is better than Bitcoin because the amount of trust people have on cash ,Bitcoin can never gain that amount of trust.Cash has a physical form and it is accepted all over the world in different forms so it is simple to use it but Bitcoin don't have any physical form and it is not accepted in many countries.Moreover cash is centralized which provide it the support of government but Bitcoin is decentralized due to which some governments are against it.Cash does not require any internet connection but we need an internet connection to work with Bitcoin. These are some ways in which cash is better than Bitcoin.
member
Activity: 364
Merit: 10
November 17, 2017, 01:28:19 PM
Due to ease of transactions, people prefer easy access. This is why ATM and credit cards is a must for most people.
member
Activity: 154
Merit: 20
November 17, 2017, 12:59:41 PM
In present situation,bitcoin is not supported by all countries..We can't always keep in the wallet.. We need to use it by converting into cash.Sellers don't always prefer wallet..sometimes they also need cash..So we need to pay them in cash...so in this condition, cash is better Bitcoin
It depends on situation where to use cash. If in traditional way, of course we used cash but in virtual transaction, bitcoin is preferable. Cash is so liquid that you can buy what you want, no need to exchange nor convert it. It very easy to used and no other technical complexity.
full member
Activity: 476
Merit: 102
November 17, 2017, 12:55:31 PM
In present situation,bitcoin is not supported by all countries..We can't always keep in the wallet.. We need to use it by converting into cash.Sellers don't always prefer wallet..sometimes they also need cash..So we need to pay them in cash...so in this condition, cash is better Bitcoin
sr. member
Activity: 882
Merit: 251
November 17, 2017, 07:16:32 AM
Practically speaking cash is better than bitcoin. All we know that bitcoin is not accepted in all store to buy products or goods. And not all people did not know about bitcoin. And cash transaction is acceptable in everyone no more explanations.And one disadvantage of bitcoin is it has inconsistent value,big possibilities that it may change in a big value difference unlike in cash or regular currency it has a minimal possibilities of value everyday. But I know time comes that bitcoin may replace the cash and it may use all over the country.

indeed cash better than bitcoin, but this comparison unfair. bitcoin is still new and not used by all people in the world, and yeah it is still difficult to use for offline. even I think just certain people who use bitcoin. While cash all circles are already using it. but I don't care about this comparison, I think bitcoin is better than any, even in terms of business, bitcoin very profitable than cash.
full member
Activity: 546
Merit: 100
November 17, 2017, 07:03:51 AM
Practically speaking cash is better than bitcoin. All we know that bitcoin is not accepted in all store to buy products or goods. And not all people did not know about bitcoin. And cash transaction is acceptable in everyone no more explanations.And one disadvantage of bitcoin is it has inconsistent value,big possibilities that it may change in a big value difference unlike in cash or regular currency it has a minimal possibilities of value everyday. But I know time comes that bitcoin may replace the cash and it may use all over the country.
member
Activity: 266
Merit: 10
November 17, 2017, 06:59:28 AM
Cash currency are better now than bitcoin because of it offline transcations.
hero member
Activity: 928
Merit: 531
November 17, 2017, 04:44:22 AM
When it comes to value, bitcoin is better than cash. But it comes to practical and safe, perhaps better cash than bitcoin. And cash is much more widely used than bitcoin ...
What do you mean "value" bitcoin is better than cash? That's are same dude, example : 1 BTC = $100. So if you have a fiat/ cash $100 = $100. But you should know, on value, bitcoins are highest risky of money were price is fluctuate. I guess bitcoins will be able to beat money as widely on future. Just watching what's the big evolution by technology of blockchain.
full member
Activity: 169
Merit: 100
Vite
November 16, 2017, 11:57:28 PM
When it comes to value, bitcoin is better than cash. But it comes to practical and safe, perhaps better cash than bitcoin. And cash is much more widely used than bitcoin ...
hero member
Activity: 928
Merit: 531
November 16, 2017, 11:17:23 PM
Cash is not trustless as you depend on government, and that has gone wrong many more times than it should have.
I don't know why you have things like that. If you thing that's all are trustless so what kind you do now? is not lick your own of spit ? You're looking for money / fiat to make your life alive. did you live in an inland? who struggled to live like ancient times? and how possible you got an internet right now?

newbie
Activity: 10
Merit: 0
November 16, 2017, 10:13:47 PM
Cash is not trustless as you depend on government, and that has gone wrong many more times than it should have.
newbie
Activity: 56
Merit: 0
November 16, 2017, 10:06:32 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 will always be king
member
Activity: 126
Merit: 10
November 16, 2017, 10:05:07 PM
I'm not sure... In the future especially. I think future of crypto overall is a very interesting and important topic.. and I want to learn more about it...
 From my experience, I feel that conferences could be a good way to learn. I found this one https://blockshowasia.com/ and I'm thinking to go, but tickets are not so cheap, but I suppose it could worth it... what do you think guys? have you heard about it? It would be really interesting to know what experts think about future

I'm sure it's a cool way of learning and networking and it could bring you some insights which could maybe even change your life... but it's expensive

This conference worth it, I'm sure! And I know there is a promo code for 30% discount (VIP30), so you can save some money
member
Activity: 109
Merit: 20
November 16, 2017, 09:30:32 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 at this moment everything is in favor of cash. Everything they want to buy needs a cash to pay, thats why their BTC needs to convert first into cash before they use it. It is hard for everyone especially to those who aren't a member of bitcointalk forum to be able to earn BTC and to use BTC as a pay for what they want to buy.
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