Topic: Why Cash is better than Bitcoin. - page 6. (Read 99340 times)
Why cash isn't better than bitcoin is described beautifully here- "Bitcoin represents a fundamental transformation of money. An invention that changes the oldest technology we have in civilization. That changes it radically and disruptively by changing the fundamental architecture into one where every participant is equal. Where transaction has no state or context other than obeying the consensus rules of the network that no one controls. Where your money is yours. You control it absolutely through the application of digital signatures, and no one can censor it, no one can seize it, no one can freeze it. No one can tell you what to do or what not to do with your money. It is a system of money that is simultaneously, absolutely transnational and borderless. We’ve never had a system of money like that.” ― Andreas M. Antonopoulos
Cash has always been better than bitcoin cause cash is widely accepted and we can do transactions with it offline and also individual/personal money transfer, it's never a huge problem in the sense that the transaction is almost the same with bitcoin with just a higher fee. Cash is in fixed value so we don't need to worry about getting a loss in the value.
i prefer exchange bitcoin to cash first before buying to avoid sudden changes on it's value. because in my place there are only few store who accept bitcoin. i thin they are also aware that bitcoin value is not stable.
Cash is definitely better than bitcoin, or any other payment transactions. First is that cash has no transanction fees, second is some stores are allowing only cash as a payment method. And lastly some countries banned bitcoin and any other cryptocurrencies.
Agree, bitcoin is almost banned in some countries, the legality of cash is the advantage in bitcoin or cryptocurrency. Any where, like credit/debit card the fiat/cash can be use (except those country whose their money is accepted) in any payment transaction. And compare to the cryptocurrency the fiat is much prepared in paying in any stores especially in the small business that cryptocurrency did not exist or unfamiliar.
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
Not always better. Because one of the weaknesses of cash is distance and amount. Cash would be hard to do if the distance between the buyer and the seller is long distance and the amount is very big. But if we look at the better of cash, in my opinion is very easy to use and can be accepted in any transaction. And all people can use it. * 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 is definitely better than bitcoin, or any other payment transactions. First is that cash has no transanction fees, second is some stores are allowing only cash as a payment method. And lastly some countries banned bitcoin and any other cryptocurrencies.
Because BTC have high value than cash and BTC have high value and popular , world know BTC and transaction everywhere.
There are reasons why cash is better than Bitcoin, namely but not limited to its works offline, it is widely accepted, no transaction fees, no transaction turn around time or approval time.
Not all store accept bitcoin and all store accept cash, that's why cash is better than bitcoin, because you can use cash where ever you are but in bitcoin you only use that if you have internet.
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 believe Bitcoin is Altcoin's most interested and most invested. It is of much interest to many to risk being quickly taken by FOMO from others. * 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
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.
There are reasons why cash is better than Bitcoin, namely but not limited to its works offline, it is widely accepted, no transaction fees, no transaction turn around time or approval time.
Этo вo мнoгoм зaвиcит oт тoгo, кaкoвa цeль eгo иcпoльзoвaния. Кaк пpaвилo, вaм мoжeт быть пpoщe иcпoльзoвaть cтaндapтныe плaтeжныe cиcтeмы. Bы тaкжe избeгaeтe измeнeний в cтoимocти вaлюты пpи oплaтe в вaшeй вaлютe. Teм нe мeнee, биткoйн дaeт вaм aнoнимнocть и мoжeт быть geeky cпocoбoм oтпpaвить дeньги кoмy-тo.
Пpocтo имeйтe в видy, чтo биткoйн нe пpocтo кaк фyнт cтepлингoв или дoллap, oн включaeт в ceбя бoлee cлoжныe aлгopитмы, пoэтoмy вы мoжeтe зaплaтить, иcпoльзyя oдин из пocpeдникoв пo oплaтe биткoйнoв.
Пpocтo имeйтe в видy, чтo биткoйн нe пpocтo кaк фyнт cтepлингoв или дoллap, oн включaeт в ceбя бoлee cлoжныe aлгopитмы, пoэтoмy вы мoжeтe зaплaтить, иcпoльзyя oдин из пocpeдникoв пo oплaтe биткoйнoв.
Cash is better in the case that in daily life you have to go the shopkeepers. and markets where crypto currency is not yet possible to exchange. yes it will take time may in the near future is it possible but now days is it not possible that why cahs is better.
cash is bitter than bitcoin coz its a bitter in your life is to on hand a cash money but for me bitcoin is bitter than cash coz if you have a bitcoin you can transfer it on a cash except in cash you can hold it in a long time and just wait to bigger and bigger and then cash out if you want.
Bitcoin if you will talk about the usage for daily basis because we can really tell that cash is the best because bitcoin is not that well establish to compete against bitcoin and cash is more capable than bitcoin on a daily basis
Bitcoin is better because you can buy online shop like buying gadgets that your county does not have new model of phone or gadgets. Because bitcoin is increasing the price so if you have many bitcoin you have many cash also. But if you have only cash the price is not increase and if you see your wants for sure you will buy this and your money gone. But cash is for everyday uses in real life like buying offline , pay bills and many mores but bitcoin can do this also
Cash will always be better than bitcoin. This is the oldest currency running in every country. Bitcoin is only a replacement especially when we are transacting with large amount and carrying cash is not practical. So the alternative is to use bitcoin.
Not really. Because cash only used when i travel to remote areas where creditcard i have cann't be used. While when i back to home, everything becomes cashless. Because cards i have are accepted in various subscription stores.
Certainly, each thing has own strongnesses and weaknesses. Bitcoin also has strongnesses such as 24/24 working, no inflation, Anonymous transaction, no tax, Safe,... So, I believe that crypto will be the official currency in the future
Why Cash is better than Bitcoin. Not so much so bitcoin here I got coffee and sell stuff that is not home so I say bitcoin is also great.
I think cash is still the most preferred currency. It is really very useful. You can buy candy or coffee with a few dollars. But if you buy a candy with bitcoin then it's crazy.Although bitcoin is the largest currency in the world, it still has its drawbacks. Cash is still the best and it is used extensively throughout the world. That is my opinion about the two types of money mentioned above.
I really agree with you, is a crazy thing to buy small needs, using bitcoin. because in every country still has a legally legitimate currency, there are still many things more important than that.
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