Topic: Why Cash is better than Bitcoin. - page 66. (Read 99328 times)
As of now, you cant use bitcoin for all of your transactions. There are some other places that don't yet accept bitcoin as a mode of payment so you have to exchange it in flat currency. Unlike cash, you can almost use it anywhere especially to some small establishment. As you said cash dont require to have confirmation, internet etc so its not much hassle to used. The problem is having large amount of cash can make you a good target for robbery. Also some online sites dont accept cash as a payment.
Cash is not necessarily better than bitcoin. The only problem is that it (cash) is more widely accepted worldwide at the moment.
With the massive growth in awareness of the value of bitcoin, the points you raised will soon be a thing of the past.
With the massive growth in awareness of the value of bitcoin, the points you raised will soon be a thing of the past.
Cash is useful only in those countries where crypto currency is banned or problems with electronic payments, and in more developed countries they are more likely to cause inconvenience.
I think because of the speed, we all know that bitcoin transactions take time to get 1 confirmation, and most need 4 confirmations to be used, if we use priority cost it takes about 20 minutes but if normal cost takes more than 30 minutes, comparison that cash is better than bitcoin.
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
* 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
Well cash will always be at your hands. Also, it is the most accepted way of payment in malls, restaurants and even transportations. Also, it is easy to use. Unlike with Bitcoin that you have to trade first and then wait for you to get it, here you have it at your own hands.
The good thing is you don't have to decide to use either Cash or Bitcoin. You can use both. Each has its advantages and disadvantages.
E.g. cash is accepted almost everywhere in your country. Bitcoin is good for sending over the internet.
E.g. cash is accepted almost everywhere in your country. Bitcoin is good for sending over the internet.
This depends on the situation
if you dont want to travel with bulky cash use btc
thats all i can think ahaha
but for me both are good but whats suits you dbest is better
but for me i like both ahaha
if you dont want to travel with bulky cash use btc
thats all i can think ahaha
but for me both are good but whats suits you dbest is better
but for me i like both ahaha
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.
cash is better than bitcoin because it's easy to use. People use more cash than bitcoin. In other words, cash is common. But in the future, bitcoin may be better than cash
Cash is better than bitcoin because it easy to use, in our job the salary is sometimes cash but mostly directly in atm card which we can withdraw anytime good as cash,you don’t need an internet or any device aside from ATM machine which you will find anywhere right now.
Cash is better than bitcoin because we can use cash offline at any time anywhere and the plus point is cash is easily accessible and also very easy to use.
Cash is better than bitcoin because there is no need internet and simple. Bitcoin is new in this world there is many people still do not know about this currency. Cash is used in all countries no matter if cash is better than Bitcoin. Maybe Bitcoin can overtake that if some of country legalize it.
Actually, cash is good at the moment, same as to snail mails about 17 years ago. However, as soon as the majority learns how to utilize bitcoins, please consider cash as Jurassic. Someday, bitcoin will be very common as emails and I am quite sure that the government and banks are foreseeing this - that's why they are pulling down bitcoin's reputation now - because that's everything they can do.
I tend to agree with you. At the moment, cash is still much better. We can easily make our way through stores and other commercial establishments when we are bringing cash with us. No hassles as well because transactions are instant. You just pull out a single bill from your wallet, place it on the table and leave. As easy as that.
I believe dependent on the need, when we are in the modern day town then bitcoin greater simply because numerous are acknowledged, even though in a foreign place then income is far better since absolutely everyone accepts cash.
It is better offline. You can pay whereever and whatever will you buy. But when it comes online bitcoin is better than cash.
agree with your sugestion, i think bitcoin is real deal for online payment solution, but the fee of bitcoin rising to much during the price of bitcoin rising too.
the hardfork is good solution, but the problem is comunity choose old and original bitcoin than forking to new coin.
Actually, cash is good at the moment, same as to snail mails about 17 years ago. However, as soon as the majority learns how to utilize bitcoins, please consider cash as Jurassic. Someday, bitcoin will be very common as emails and I am quite sure that the government and banks are foreseeing this - that's why they are pulling down bitcoin's reputation now - because that's everything they can do.
It is better offline. You can pay whereever and whatever will you buy. But when it comes online bitcoin is better than cash.
for me now it is not possible to determine which is better, because I use cash / cards and bitcoins in different ways. Bitcoin is a good way to invest, and there is no possibility to pay in my country with bitcoins.
Especially useful in places like Venezuela! (Coming soon to a country near you!)
yes your right ang it is also common and the useful one without exchanging to any thing or selling it because it is already the money,which we are using to buy anything we need.
If we want to differentiate among cash and bitcoin then the using system is the major variation, bitcoin is only accessible on the web, but money is all over the place. In phrases of use also as like so. Concerning acceptance money is much over bitcoin, so I think, income is nonetheless much better than bitcoin.
because now bitcoin has not become legal in all countries, and it's troublesome to want to pay for purchases at every outlet. therefore until bitcoin becomes legal in a country, cash payments are the safest and easiest for now
so true. if bitcoin is legal in a country, it may be a lot of users. but yes back again, cash is still very safe.
Jump to: