Why Cash is better than Bitcoin. - page 54.

fishbonez11

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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

Advantages of cash over bitcoin, yes you can definitely use it even offline. You just need a regular wallet, a purse, or just about anything you can put your cash into and it'll sure work fine. Yes, there are no transaction fees when paying through cash, but there are times wherein you will be required to wait in line, sacrifice energy and time just to be early or stay in the line. I guess that would equate to the transaction fee for the instantaneous do-wherever transaction for bitcoin. But I must disgree that credit cards, ATMs and banks may require transaction fees as well on top of the time that you have waited.

I agree that the payment method through cash, credit cards and atms are widely understood by people. But I must say that paper money also has the risk of being faked and therefore not accepted in stores. Worse is if you get accused for carrying around counterfeit money especially in large volumes without you even knowing it!

jak3

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It is not always true that cash is better than Bitcoin. We have thousands of points where we can prove that Bitcoin is a thousand times better than cash or any other currency right now, but yes, there are some few very minor points which can prove that cash is still better than Bitcoin because as we know that Bitcoin takes a lot of time for transaction confirmation and also higher amount of fees. But on the other hand, you have to go to the person you want to pay in cash and they are instant and doesn't charge any fees.

rxthree

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There are many countries that don't accept bitcoin for technological or economical reasons, so bitcoin won't be the first payment choice there. Fiat is the only way for the bigger part of the world. It doesn't mean that cash is better, they're just not ready for bitcoin yet.

JTASSOCIATES

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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

yyy
What you mentioned is all right. if we look inside the real situation, the old generation only very much interested to use the cash they are not interested with our new technology. One thing we have to accept is we don't have any control on any thing and the future currency is bitcoin only. so I suggest to change the attitude and change it to technology to be very much help for everybody.

CowboyKiller

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Quote from: grermezter on October 30, 2017, 06:29:03 PM

The only scenario where Cash is better than bitcoin is that cash can be taken anywhere and can be used to buy things at a moment notice but the same cannot be said about bitcoins especially since not alot of people and business are accepting bitcoins as a model of payment at the moment. Aside that bitcoins is better than cash aspects every turn.

You can use Cash to pay anything for daily, that is the best benefit of Cash can provide for your life. While, Bitcoin just useful when you want to global transfer money or create anonymous transaction, it can not help you live daily.

grermezter

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The only scenario where Cash is better than bitcoin is that cash can be taken anywhere and can be used to buy things at a moment notice but the same cannot be said about bitcoins especially since not alot of people and business are accepting bitcoins as a model of payment at the moment. Aside that bitcoins is better than cash aspects every turn.

Schirer

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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

The reason is simple, cryptos are not widely accepted . We live in " FIAT" world, also people do not like change.

Afnan_faizah

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Quote from: suzukiy on October 30, 2017, 02:33:19 PM

much to the cash advantage in comparison with bitcoin, cash does not require internet and anyone can charge cash for children and adults, cash does not require a fee for its use and much more Wink

cash also vulnerable against inflation, high fee of transactions with other people internationally, can be counterfeit, burn, rip and pose a big risk to people who carry big amounts of cash everywhere. But those problem have been solved in the presence of bitcoin. So I cannot say that cash is better than bitcoin.

mustangy

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cash bills and notes are dirtiest think ever. because they travel hand to hand a reason for splitting infectious disasses
another one .

Quote from: mustangy on October 28, 2017, 06:45:31 PM

https://imgur.com/a/gwg1e
WELL BUY A STAMP FOR $9 AND HERE WE GO
NOW NEED TO BUY ANOTHER STAMP WITH SIGN OF BTC IN CIRCLE RED STAMP

Quote from: mustangy on October 28, 2017, 06:42:37 PM

Quote from: BabyBoss on October 21, 2017, 09:20:56 PM

Quote from: mk4 on October 20, 2017, 10:18:11 PM

I would actually do this if only this isn't illegal (I think, correct me if I'm wrong). Decent publicity nonetheless, but there definitely are better and more legal alternatives.

This guy still did the best in my opinion. Cheesy

Why are guys telling that you can do this if this isn't illegal. What do you mean guys, bitcoin is illegal? Im curious of this, why bitcoin is illegal? I think it's no because the only thing why they are telling bitcoin illegal is that it is not yet exposed to public and to all official government.

HE WAS AWSOME I DECIDED TO BUUY STAMP AFTER I SAW THIS GUY ON TV./
WAYYYY COOL

Quote from: iamTom123 on October 20, 2017, 09:14:31 PM

This must be an effective way to send the message about Bitcoin since that paper money can be circulating anywhere in the country and even abroad. I think that slowly Bitcoin is now getting into the consciousness of the people...though of course we are not encouraging anybody to do the same thing as this might not be allowed by law (at least here in my country where money defacement is considered as illegal). I am expecting more of the same graffiti maybe not on paper money anymore but also in walls. I have seen a Bitcoin-related message on the pathway somewhere in the country and once the younger generation would be catching the Bitcoin bug there can be more on this anywhere. Again, we should not encourage anybody to do the same as there are surely more effective ways to promote Bitcoin awareness.

kazy

newbie

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Physical cash has its own advantages. For example, it doesn't need a laptop or a mobile device connected to internet to send payments. Also, no other form of payment can be as anonymous as the physical cash.

suzukiy

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much to the cash advantage in comparison with bitcoin, cash does not require internet and anyone can charge cash for children and adults, cash does not require a fee for its use and much more Wink

quarkyplum

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Activity: 378

Merit: 100

Quote from: zurc on October 30, 2017, 10:34:19 AM

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

fast transaction for offline use because it can buy anything in the market unlike bitcoin there are only certain companies that allows bitcoin as payment and cash never dump unlike bitcoin.

Because the value of FIAT has guarateed by the economy of every country. The value of FIAT depends on the growth of the economy, so, if a country can not grow its economy, the FIAT value of this country also lower than other rich country.

Draketom

member

Activity: 109

Merit: 10

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

I do Agree with your point of view.
But i also do believe bitcoin has several advantages that Cash can not meet up with.
Like anonymity, international payment, being able to buy things online with it and many more

zurc

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Activity: 275

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SOKOS.io

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

fast transaction for offline use because it can buy anything in the market unlike bitcoin there are only certain companies that allows bitcoin as payment and cash never dump unlike bitcoin.

Bessta

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Simple its acceptable worldwide becàuse it is convenient to use. Bitcoin is a Cryptocurrency or digital or virtual currency which are not yet recognized in other countries but gaining its popularity and sooner of later would be accepted as fiat.

Mapagmahal

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Cash is always used by any people in different countries regardless of the status. If we have cash we can pay directly people who are selling goods and services. Unlike bitcoin it's digital and as of now there are only few stores who accept bitcoin as mode of payment. That's why cash is good today against bitcoin and who knows maybe in the future there some business who will engage using cryptocurrency like bitcoin and start accept it as payment proccessor like paying in restaurants, grocery, shopping malls.

Marileno

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✔ Crypto portfolio | ✔ Telegram/APP

Right now the short answer is that cash is accepted EVERYWHERE whereas bitcoin is not. As others have said, cash is instant whereas BTC has a lag time. At this point in time it is quite clear that cash is not at risk of being over thorn as the standard. This of course will change over the coming decades. the mechanisms we use instead are still up for debate and it will be interesting to observe how things develop over time.

monica69

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Merit: 250

Fiat's price is fixed and not that high compare to the bitcoins price, especially right now. Bitcoin is skyrocketing and it will continue to rise up above the ground, those who are early adopters of bitcoin and saved their bitcoin are so damn lucky. Fiat is a lot more convenient than bitcoin, but I would still prefer bitcoin since I could earn a lot of money on it because of its price.

mhayandal

member

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for me bitcoin is more better than money because once you hold a money in your wallet the value is not growing up unlike the bitcoin when you hold it in your etherwallet and when you trade it the value of itself become bigger and bigger

MS.LAWLIET

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Activity: 221

Merit: 100

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

I think some reasons why people prefer cash/fiat than bitcoin is that it is more accepted when buying something than bitcion. It is more known in the economy. Well fiat is the mainly used for everything even when buying bitcoins. some also convert bitcoin to fiat because it is the common payments as of now.

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