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Topic: Why Cash is better than Bitcoin. - page 48. (Read 99328 times)

member
Activity: 235
Merit: 16
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November 14, 2017, 11:35:48 AM
Because cash is tangible- you can get a hold of it, keep it, and use it without the use of internet while in Bitcoin, it seems to me that you can't actually use it as a mode of payment when paying things online.
hero member
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Merit: 500
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November 14, 2017, 11:18:49 AM
This is the reason why Bitcoin control is somewhat intriguing. Some people like Rover Ver wants it to be revolutionized and be as fast as possible so it can be used even in buying a cup of coffee. Cash is good too but it is not really cools when it comes to large amounts. ATM cards needs to be online too so it's just the same just that Bitcoin is decentralized and private.
Bitcoin is just better than cash if we will talk about using it as a mode of payment but if we will talk about using money for basic payments then cash is still better than bitcoin and that is why i use both because i don't always bitcoin to make transactions for huge payment and cash is still necessary for daily basis so i don't think that we need to choose between those two.
That is right, with the current of the world's digital, I do not think we need to use Bitcoin for anytime.
Let's become a smart people, we do not need to compare the Bitcoin function to FIAT, both are good and important for daily.
newbie
Activity: 28
Merit: 0
November 14, 2017, 08:38:39 AM
To me, In this case,  people opt to another fiat cash against "ulimited" inflation, for avoid $/BTC exchange risks at BTC. Fiat is preferable.
hero member
Activity: 2520
Merit: 783
November 14, 2017, 08:32:45 AM
This is the reason why Bitcoin control is somewhat intriguing. Some people like Rover Ver wants it to be revolutionized and be as fast as possible so it can be used even in buying a cup of coffee. Cash is good too but it is not really cools when it comes to large amounts. ATM cards needs to be online too so it's just the same just that Bitcoin is decentralized and private.
Bitcoin is just better than cash if we will talk about using it as a mode of payment but if we will talk about using money for basic payments then cash is still better than bitcoin and that is why i use both because i don't always bitcoin to make transactions for huge payment and cash is still necessary for daily basis so i don't think that we need to choose between those two.
sr. member
Activity: 663
Merit: 250
November 14, 2017, 07:36:58 AM
This is the reason why Bitcoin control is somewhat intriguing. Some people like Rover Ver wants it to be revolutionized and be as fast as possible so it can be used even in buying a cup of coffee. Cash is good too but it is not really cools when it comes to large amounts. ATM cards needs to be online too so it's just the same just that Bitcoin is decentralized and private.
newbie
Activity: 56
Merit: 0
November 14, 2017, 05:48:39 AM
I never said Bitcoin is useful for buying food in Venezuela.

https://www.thebrokebackpacker.com/wp-content/uploads/2015/03/money-1.jpg

In some occasions they use to exchange for BTC, but still they are using local cash.


Yes the guy correct now that they were using bitcoin there but not everywhere
sr. member
Activity: 2338
Merit: 365
November 14, 2017, 05:36:13 AM
at this time Cash is better than Bitcoin but in the future definitely,
Bitcoin will be better than Cash,
and now the transition period has been very felt ...
sr. member
Activity: 434
Merit: 250
November 14, 2017, 05:05:36 AM
In my opinion,Cash is now better than Bitcoin,but in the future maybe Bitcoin will be Better rather than Cash.
Cash and Bitcoin The same thing has the function of  payment but the payment method is different,the Cash Method is easier and fast,while Bitcoin takes a few steps to be make Bitcoin a real money.
But I think I prefer Bitcoin rather than Cash because maybe in the future Bitcoin will be very popular and will everyone use it.
full member
Activity: 182
Merit: 100
November 14, 2017, 04:38:06 AM
Cash

"Cash is King" is an age-old saying often used to explain the failure of both businesses and consumer households.Without the proper amount of cash on hand,both of this entities can run into major trouble,and even be forced into bankruptcy.

Businesses must have cash on hand for various reasons,such as investing in new infrastructure and dealing with unexpected expenses.Moreover,a business's cash flow is often cited as a key factor in its potential for long term success.A company may have all the revenue in the world,but without the ability to generate cash,it can easily fail.

Bitcoin

Capital Control - There are very few countries having capital control.i.e. there's a limitations on the amount money you move in or out the countries.Some people who want to move money out of the countries buy bitcoin.They buy bitcoin,transfer it to foreign countries and exchange back to currencies.That's a gray area of activity in many authorities,as many country still don't regard bitcoin as currency.If bitcoin officially started as currency,then it's likely illegal.
newbie
Activity: 112
Merit: 0
November 14, 2017, 04:19:52 AM
For now cash and atm is better,reason because it is accepted in any stores,malls and markets because a lot of peoples still dont know what is bitcoin and how to use it.. In future i believe bitcoin will be famous as people keeps on innovating the technology..
member
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Merit: 10
November 14, 2017, 04:11:53 AM
it is the most liquid asset in terms of its convertibility into goods, services, and other financial assets.
full member
Activity: 266
Merit: 100
November 14, 2017, 04:04:25 AM
You did not open America for us again. But there is a sense in your words. I will say directly that I mainly use fiat money. Although I would not refuse from 1-2 BTC
full member
Activity: 868
Merit: 100
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November 14, 2017, 04:02:44 AM
it's better to have money than bitcoin because if you need money then I just want to bitcoin you just need to withdraw from the bank because yoon is the policy here in the Philippines so I do not have internet you can also use bitcoin because you can not withdraw your money with bitcoin so the money is better than bitcoin so I need you to get it immediately soon but in other countries it's okay because there is a mod of payment using bitcoin.
member
Activity: 112
Merit: 10
November 14, 2017, 04:02:19 AM
Well cash is commonly used and accepted today than bitcoin.
 We need cash for means of exchange or buy goods, we cannot use bitcoin in the outside of internet only we use fiat currency.  That is why we are converting our bitcoin into cash.
full member
Activity: 420
Merit: 102
November 14, 2017, 03:52:27 AM
Bitcoin is currently mainly used for global transactions. Bitcoin can not be used for payment in some countries. Therefore, cash is still used now for shopping. Currently, cash is more practical than bitcoin. Smiley
My opinion is different than this I think bitcoin is different than cash because bitcoin is easy to carry with yourself and there is no fear for steeling or robbery and secondly bitcoin price is high then currency so bitcoin have a lot of good qualities like you can learn a lot of things and you can also earn bitcoin from different source so bitcoin is better.
full member
Activity: 322
Merit: 100
November 14, 2017, 03:47:36 AM
I do not think BCH can be better than Bitcoin. Currently with me bitcoin is still the best coin, as it is widely recognized and its value is greatest. It's just coincidence if bitcoin fails hardfork.
You are right the bitcoin is the currency that is being use by all the people and the half of the generation in my country are using the bitcoin now I am aware of the increasing power of the bitcoin that with the passage of the time the bitcoin is increasing more and more I hope the value of the bitcoin will grow and we will see how the bitcoin is getting wide with the passage of the time so for me yes the bitcoin is better than the gold.
But comparing the bitcoin with gold is quite confusing, as many people consider bitcoin to be better than gold. Yes maybe if the price factor of bitcoin is superior because it is faster while gold has gradually increased in price

full member
Activity: 378
Merit: 100
November 14, 2017, 03:29:42 AM
I can not make daily purchases using crypto currency. So sometimes I use cash. While the infrastructure for using crypto currency was not built, it is more convenient to use cash
hero member
Activity: 2828
Merit: 611
November 14, 2017, 03:21:03 AM
Cash for old school gangsters, Bitcoins for Future businessmen
Bitcoin is safe and it is the best time to safe and it is easy to use I know how the bitcoin is increasing more and more I can see the future of the bitcoin is now better than the cash and the gold, now all the things are able to pay with the bitcoin and we are aware of the high price and the value are giving the high profit to the people for the bitcoin in this era as now I can see the bitcoin price go more and more high.
full member
Activity: 193
Merit: 100
November 13, 2017, 09:51:28 AM
for me all those who come to this forum are dealing in bitcoins and many merchants out there are also a part of bitcoin community, but we don't make a great percentage of world population.
member
Activity: 350
Merit: 10
November 13, 2017, 09:51:19 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

Actually it will be depending on your needs, If you need something to buy online then bitcoins will be helpful because it is a digital currency. Bitcoins can also be exchange into fiat and the value is high, that's why bitcoins is very helpful for minimum wagers.
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