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Topic: Why Cash is better than Bitcoin. - page 5. (Read 99328 times)

sr. member
Activity: 630
Merit: 253
February 15, 2018, 02:03:15 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

Money and bitcoin are different things and they have different characteristics, and we cannot say which is better.
sr. member
Activity: 588
Merit: 250
February 15, 2018, 01:36:47 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 still more reasons why people use cash. We do not have to connect to internet so it can be use whether the electricity is down. It can be accepted everywhere. Because cash is legalized in every part of this world. We can use it easily to buy our daily needs, digital transactions and buying online shop.We do not have to take a long time for waiting too.
I chose both, technological developments forced us to trade using the internet and easier payment using virtual money.
Bitcoin makes it easier and may replace all transactions. all can happen.
newbie
Activity: 25
Merit: 0
February 14, 2018, 11:04:07 PM
Cash is batter than bitcoin because i can use cash any time when i need.
member
Activity: 154
Merit: 10
February 14, 2018, 10:56:20 PM
The unavailability of bitcoin usage services, so people do not think about using Bitcoin for transactions, they always think that money is better and faster, if bitcoin service is available, they may switch..
member
Activity: 322
Merit: 10
homt.net
February 14, 2018, 06:31:39 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

There are still more reasons why people use cash. We do not have to connect to internet so it can be use whether the electricity is down. It can be accepted everywhere. Because cash is legalized in every part of this world. We can use it easily to buy our daily needs, digital transactions and buying online shop.We do not have to take a long time for waiting too.
member
Activity: 315
Merit: 15
February 14, 2018, 05:54:12 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
There are a lot of reason why bitcoin is better than cash and one of it is because bitcoin is faster to transact and is independent or decentralized wherein there's no form of group or government can control it. Bitcoin also has higher chances of growing and it has higher chances of being invested since its volatility is present that's why more and more investors keeps on coming for bitcoin.
sr. member
Activity: 490
Merit: 255
February 14, 2018, 05:47:31 PM
Cash has many advantages as it can be widely used in many shops.

Three biggest advantages of cash are

- Zero wait times
- No internet needed
- Accepted everywhere
full member
Activity: 345
Merit: 100
February 14, 2018, 05:43:20 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
I think one of the advantages of using bitcoin rather than cash is the volatility of bitcoin which is one of the main reasons also why many investors are investing in bitcoin nowadays. The global payment or the absence of limitations on who may use it also can be another factor because anyone regardless of what nation they come from can use bitcoin as long as they know how to use it.
newbie
Activity: 13
Merit: 0
February 14, 2018, 05:39:17 PM
There are lots of differences associated with the two. Cash is used for day to day transcations, to buy goods, food, daily necessities, and Bitcoin is used for digital transactions, buying digital goods, used for donations, and mostly to hold Bitcoin as an investment. Bitcoin cannot be compared to cash as it is a totally different thing, and I would only buy Bitcoin with extra cash I have, and not use 100% of my cash to buy BTC.

Bitcoin will never be used for micro transactions, to buy something thats worth a few cents, no. Bitcoin is specialised, and can be better than cash in terms of security, and you can expect its price to continue to rise
jr. member
Activity: 80
Merit: 1
February 14, 2018, 11:30:57 AM
For me btc is better because only the transaction fee is your problem but i dont see it big deal enough to hassle the transaction.If you keep your cash with a bank its easy to get an overdraft with them which you can't do with btc,its all about cash and carry.
The fact that the investment is made entirely of Bitcoin can lead to some problems, especially when Bitcoin's sudden price movements can lead to monetary losses, but cash money always allows for different investments.


your point seems right to me. Especially considering that the most popular exchange pairs now, at least at the exchange I am following are btc/usd, btc/eur and similar.
Besides, cash has a physical shape and is still widely accepted. The world as it now, even having in mind most developed countries, is not yet ready to accept and fully adopt any crypto or to use digital currency in everyday life to avoid cash. So cash seems to be an inevitable option now.
newbie
Activity: 149
Merit: 0
February 13, 2018, 01:34:24 PM
which does not accept bitcoin for technological or economic reasons, so bitcoin will not be the first payment option there. Fiat is the only way for the greater part of the world. That does not mean better cash, they are not ready to buy bitcoin. Control your money, you do not do it. I see no reason why fiat is better than bitcoin.
hero member
Activity: 1400
Merit: 536
February 12, 2018, 01:38:34 PM
For me btc is better because only the transaction fee is your problem but i dont see it big deal enough to hassle the transaction.If you keep your cash with a bank its easy to get an overdraft with them which you can't do with btc,its all about cash and carry.
The fact that the investment is made entirely of Bitcoin can lead to some problems, especially when Bitcoin's sudden price movements can lead to monetary losses, but cash money always allows for different investments.
full member
Activity: 476
Merit: 100
February 12, 2018, 06:27:06 AM
Cash is better than bitcoin for politicians because they can tamper documents anytime they want and manipulate all the transaction and make it as clean as anyone could see. It is very helpful for them to hide all their anomalies.
sr. member
Activity: 700
Merit: 277
February 12, 2018, 04:10:51 AM
Cash will never be replaced with anything including with bitcoin, because cash transactions can be done anytime and anywhere without being dependent on the internet and do not need to wait as in bitcoin that need confirmation.
newbie
Activity: 24
Merit: 0
February 12, 2018, 03:04:03 AM
For the time being, cash is better than bitcoin - Why ?

You can notice it every time a series of bad news enter this space it immediatelly creates panic and people move to fiat.
Even early adopters do this. - They move to fiat on bad days and enter the markets when times are looking good.

Even though bitcoin is a great currency fulfilling most of the demands of what makes a good middle of exchange - It lacks sustainability in price.

People fear volatility - they want something that is stable.

The future looks bright though, with more money and regulations entering cryptocurrency exchanges that could stabilise the prices.
full member
Activity: 434
Merit: 101
February 12, 2018, 02:48:54 AM
Yes Cash is better than bitcoin but if we look at the bitcoin future then the bitcoin is better than cash because if we have cash we can use it 100% offline and there will be no extra fees over the transaction of this coin and those people who want to be successful then the cash is better than bitcoin it is good for those who are uneducated and the village people are not able to use this currency for the future.
sr. member
Activity: 924
Merit: 275
February 12, 2018, 02:23:18 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
It is true that there is no fee by doing transactions with cash. It is the reason why many people are not using bitcoins because ofnhigh transaction fees. Even bitcoin has high transaction fees, there are still a lot of uses that bitcoin can do and can't do.
member
Activity: 242
Merit: 10
February 12, 2018, 02:15:43 AM
Why cash is better than bitcoin," for me i can say that cash is better off having that bitcoin because cash is the official currency of a country and that is completely part of our everyday life.
hero member
Activity: 1400
Merit: 571
February 12, 2018, 02:07:15 AM
Obviously better cash than bitcoin, more people choose chas because with the payment of chas we will know for sure without any risk. Cash has been done from the past and real before bitcoin is present. indeed the price of bitcoin is high, but it don't guarantee good in someone's eyes.

Then what is the point of posting stuffs here in this forum, joining signature campaign if you are with cash, don't you think that it is useless? You are spending your time here in this forum instead of going to your real job which your salary is fiat.

I strongly disagree with this, fiat is no match to bitcoin, bitcoin is more better, a lot more better than fiat. Fiat have a value which is not changing that big like bitcoin, from that, we could say that bitcoin is more beneficial than fiat, so how come you could say that fiat is much better in bitcoin just because it is the one that we are using since the first day on this world, NO, it is not like that. We have to consider many aspects before we say something and not just saying random things without researching.
full member
Activity: 490
Merit: 100
February 12, 2018, 02:05:04 AM
Maybe people who do not really understand about bitcoin will rely on atm as a place of money So all the risks that arise not too heavy than investing in Bitcoin.
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