Why Cash is better than Bitcoin. - page 45.

acener

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Quote from: Sex Video Chat VKcams.com on May 08, 2017, 01:27:34 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

There are lots of things to consider for cash to be better than bitcoin, one of the most is time. Now, cash is necessary because it is the one widely use and part of our system. However, in the future, would we still be using it or will we implement bitcoin by that time.

coin5haker

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But for some countries keeping money in cash could be stupid because of currency devaluation. BTC is quite good source of income.

Fancyax

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Quote from: longminh123 on November 16, 2017, 08:36:09 AM

Cash may be better than Bitcoin at this time but in the future Bitcoin can beat Cash because Bitcoin is being used more and many countries have legalized Bitcoin, which will make Bitcoin have great growth better than cash

Bitcoin will never work offline. We are always in need of cash and you can't replace it buy bitcoin in many cases.

mardaed

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Well! To me bitcoin plays a key role in terms of investment and gaining profits however, cash a liquidity fiat it helps mainly in many countries where Bitcoin is banned, there we can survive with the cash but not with bitcoin in meeting the general needs even in many countries adoption of bitcoin is slowly considering in shops, purchasing apartments etc.
We have to b wait for the usage of adopting digitization in economy that helps a more positive result for bitcoin.
Till that digitalization and usage of bitcoin is adopted we have to choose cash mode to deal with transactions in our day to day life to survive. It's urgency and need plays a vital role in daily life. Both have their own value.

GeniusAko

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I think it is also the reason why many people doesn't have a care to bitcoin and other cryptocurrencies. Many people doesn't have a care to the bitcoin because they don't have information about what it is. We should do a effective way to help many people understand the real importance of the bitcoin.

interactivecrypto

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i think Bitcoin is the best https://www.interactivecrypto.com/news-bitcoin-gold-good/

longminh123

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Cash may be better than Bitcoin at this time but in the future Bitcoin can beat Cash because Bitcoin is being used more and many countries have legalized Bitcoin, which will make Bitcoin have great growth better than cash

carodupuis

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Quote from: Joshapat on November 09, 2017, 08:54:12 AM

I think because cash transactions can be done by everyone, does not require internet connection and of course is speed. 3 things that should be done bitcoin so that one day can be better than cash.

Cash is different than bitcoin and I will prefer bitcoin than cash because bitcoin tech me a lot of things and it also provide me a good source of income because bitcoin is changing a life of any one and I’m investing here from last one year and I’m going to take a very good profit from it and it’s also easy to carry with yourself its transition are also very fast so I think bitcoin is better that cash and since [Suspicious link removed]ived in my country from that time till now I’m using bitcoin.

wildan88

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Quote from: ubay on November 16, 2017, 02:15:07 AM

Because cash is almost used in all transactions on earth, but the risk of theft is huge. Suppose you go to the mall, where you're picky and nobody helps you, and eventually your money goes away.

Unlike the case with bitcoin, as long as you are smart to keep the Private Key, as long as it is also a thief or hacker will be difficult to take your bitcoin.

in terms of risk of loss, I think both are the same. If we were smart in keeping, our money will not be lost. I think cash is not better than bitcoin, because if you see excess bitcoin, bitcoin can also better than cash. if the comparison of course cash had already been used since a long time and everyone in the world uses cash, while bitcoin used by certain people who have an internet connection.

Bambinoe

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Cash is better than Bitcoin now because its not fully implemented worldwide in transacting business.

bajingluncat

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Because transactions using cash is considered more practical and can be done offline without the necessary devices connected to the Internet network.

DaftAjax

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Quote from: jak3 on November 15, 2017, 02:39:26 PM

Cash is printed by the government. There is almost no limit whenever government needs more cash they just print it which affects the whole country, but on the other hand Bitcoin is fixed there are only 21 million Bitcoins in the network which we can use. Cash can be stored in the Bitcoin is secured. Bitcoin is also instant but it takes time to collect witnesses which we call confirmation.

Cash is indeed an unlimited supply, the government can just print as many as they want, if needed. But as for those who have studied Economics very thoroughly, it does not work as easy as that. You see, as the quantity limits as the value increases. Therefore, if the government would print out, let's say a Billion Dollars, it would gradually affect the current overall net price of Dollars.

As well as the Bitcoin, you said that there are only 21 million Bitcoins available in the network, but how come that its price is still continuing on increase. Does that mean that the number of available Bitcoins are dwindling?

BitcoinNational

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Cash has a lot of advantages for sure. But it's far from being perfect. When the next generation will be used to bitcoin, i don't see why they would go back to cash.
BTC is safer, you can't be stolen. It's not in a corrupted government hand. It's not an instrument of power. When people will realize that. i am not sure they still prefer cash.

peter1

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I do not think Bitcoin bitcoin is bitcoin. Bitcoin is always a bitcoin bitcoin. In the long run bitcoin is bound to come to nothing, and bitcoin under the value of a coin is bound to reflect his value.

ubay

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Because cash is almost used in all transactions on earth, but the risk of theft is huge. Suppose you go to the mall, where you're picky and nobody helps you, and eventually your money goes away.

Unlike the case with bitcoin, as long as you are smart to keep the Private Key, as long as it is also a thief or hacker will be difficult to take your bitcoin.

noorammak

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cash is better than bitcoin at some faces like it is convinient so i can take it to anywhere to buy anything as long as i have cash, but bitcoin is limitted in someplaces, it is not a legal currency in many countries so you can not use it everywhere, moreover bitcoin is a virtual money that can not be touched so it very than dangerous to us if bitcoin lost on the internet.

camsss

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I think some would say that cash is better than bitcoin because cash can be used anywhere. Even without an internet access, you can have transactions with the use of cash.

Bloody Mary

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Quote from: Iminvest on November 15, 2017, 08:31:00 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

theborngeek

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But why is it going down?? Cuz the pump is over

KingScorpio

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Quote from: Sex Video Chat VKcams.com on May 08, 2017, 01:27:34 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

bitcoin has now 24 usd tx costs per tx who the hell needs such garbage.... i experienced this myself.

people dont work for money because its usefull, you are mistaken, rasing a societiey to work for a centralised currency is usually a process that goes over decades, or even centuries.

the currency depicts a lot the thinking of the people.

regards

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