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Topic: Why Cash is better than Bitcoin. - page 70. (Read 99340 times)

hero member
Activity: 798
Merit: 500
October 05, 2017, 02:34:28 PM
Cash is more affordable and more trustworthy than cryptocurrency. Some time will pass and everyone will know the power of crypto currency.
full member
Activity: 294
Merit: 125
Alea iacta est
October 05, 2017, 02:24:04 PM
Cash is better than Bitcoin in various ways such as cash is widely accepted.Cash have a physical form and it can be directly used in physical stores without any need of converting it into some other currency but bitcoin dont have any physical form and it needs to be converted into some other currency . Cash is not decentralized and government accepts it as the only currency for financial transactions but Bitcoin is decentralized and it is not accepted by government as the only currency for transactions.Moreover transactions through cash are risk free , fast and without fees but transactions through Bitcoin have some risks , takes some time and have some fees.
The days of cash are numbered and like it or not I don't see a lot of people using cash in 5 years. As you've said cash is backed by the government, physical etc. But I feel like you're confusing cash with fiat. Cash is just a form in which fiat can be transfered and used. You also have credit, debit cards etc. All forms of fiat. Cash is one of them. So I'm not saying people will stop using fiat but cash will have a decrease in use in the next couple of years. If people will stop using fiat is to be determined by the influence crypto currency will have on our lives.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
October 05, 2017, 02:18:42 PM
Both and bitcoin are similar in some form. It can be in terms of payment, investment, making of transactions, only the platform on which it function gets varied along with the profiting chances. Cash seems to be better, because this can be used even by a common man. With bitcoin the same is not possible, which needs certain amount of knowledge to use it.
newbie
Activity: 41
Merit: 0
October 05, 2017, 02:14:59 PM
No very good bitcoin is greater than funds for so several reason i cant agree in yout purpose why income is greater than bitcoin i guess it really invalid for so numerous purpose bitcoin is much better than cash in having transaction it is a virtual or electronic so can not be stolen by anybody easily.
member
Activity: 174
Merit: 15
October 04, 2017, 06:37:05 PM
Bitcoin is better than Cash because bitcoin is decentralized and it is secure than cash it is centralized and not secure and easy to loss.
full member
Activity: 126
Merit: 100
October 04, 2017, 01:57:05 PM
Both are good and better, why just can't we use both? They are essentials for our finances. Why can't we just accept that both of them can co-exist?
jr. member
Activity: 266
Merit: 1
October 02, 2017, 03:17:11 AM
Million reasons why its not, but still - its just the beginning
full member
Activity: 182
Merit: 100
October 02, 2017, 03:16:31 AM
Cash is better than Bitcoin in various ways such as cash is widely accepted.Cash have a physical form and it can be directly used in physical stores without any need of converting it into some other currency but bitcoin dont have any physical form and it needs to be converted into some other currency . Cash is not decentralized and government accepts it as the only currency for financial transactions but Bitcoin is decentralized and it is not accepted by government as the only currency for transactions.Moreover transactions through cash are risk free , fast and without fees but transactions through Bitcoin have some risks , takes some time and have some fees.
full member
Activity: 203
Merit: 100
October 02, 2017, 03:11:55 AM
I think bitcoin is also a good way. Bitcoin is one of the very good choices here as it’s digital currency. You can store your bitcoin even on a piece of paper or use physical wallet. Some rich people who would like to hide some part of their wealth from bank/security accounts. The Swiss bank was a good option to do it but not anymore. The common way is to put cash or valuable goods or commodities but those take-up spaces and you need to find safe space to accumulate them.


Totaly agreeed.
full member
Activity: 203
Merit: 100
October 02, 2017, 03:10:30 AM
Cash is better to handle easily available from ATM. but bitcoin is also worth. There’s still many people in the world that don’t have bank accounts, while internet access is easier. Bitcoin permit them to pay others easier than bank transfer and credit cards for transactions.
full member
Activity: 197
Merit: 100
October 02, 2017, 03:09:08 AM
I think bitcoin is also a good way. Bitcoin is one of the very good choices here as it’s digital currency. You can store your bitcoin even on a piece of paper or use physical wallet. Some rich people who would like to hide some part of their wealth from bank/security accounts. The Swiss bank was a good option to do it but not anymore. The common way is to put cash or valuable goods or commodities but those take-up spaces and you need to find safe space to accumulate them.
newbie
Activity: 40
Merit: 0
October 02, 2017, 02:58:35 AM
Because we can't use bitcoin in our daily living. Imagine when you are hungry and you need food asap.
full member
Activity: 468
Merit: 100
Experience the Future of DeFi
October 02, 2017, 02:02:38 AM
When you compare when it comes to its value, Bitcoin is way way better than Cash. Bitcoin's value is increasing in value. But when it comes to availability and can use anytime on hand. I prefer cash. We all know Bitcoin is not acceptable on all merchants. That is why we convert our Bitcoin into cash. So for emergency purposes and for daily use, Cash is still the best.
legendary
Activity: 2100
Merit: 1058
October 02, 2017, 01:53:31 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
Probably because they do not know Bitcoin yet, or maybe because Bitcoin is not yet commonly used. We know their habit is to use cash / ATM / Credit card as payment I'm sure they are too comfortable to use it than the newly famous Bitcoin.
Wait…you guys are confused. Cash is whatever you use physically (as in physical form of money)so, if  relying on cash, then you will be totally offline lol. I prefer to be online. But that doesn’t mean cash (regular currencies) doesn’t have online form.
member
Activity: 199
Merit: 10
October 01, 2017, 03:32:31 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 doubt it. Banks can forfeit your balance account if you want have no transactions for a year. They call it dormant account. Credit cards have annual fees not to mention the very high fees if you didn't pay it on time. ATM has fees too.
full member
Activity: 180
Merit: 100
October 01, 2017, 03:27:56 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
They prefer to use cash because it is widely accepted in all country and in all store. In addition to that, we all know that cash is always accepted in all offline and online store. Lastly, I think bitcoin will also accepted in some offline and online store and it is also widely used in other country.
sr. member
Activity: 756
Merit: 253
October 01, 2017, 03:20:40 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
We all know that cash is 100% work offline and it widely accepted and used in all country. You can also use it to buy some foods, gadgets and all things that you want and it is our world currency in which you could use it in all kind of transactions. Lastly, cash only have one value and the price was stable.

I'd like to address your last point because every centralized currency has the backing of the government or central banks and so they regulate it to suite a pattern in order not to breed inflation but Bitcoin is different and it's being regulated by the activities of its users. No fiat currency has a single stable value it also fluctuate too but maybe not as much as Bitcoin.
full member
Activity: 227
Merit: 100
October 01, 2017, 12:14:48 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
We all know that cash is 100% work offline and it widely accepted and used in all country. You can also use it to buy some foods, gadgets and all things that you want and it is our world currency in which you could use it in all kind of transactions. Lastly, cash only have one value and the price was stable.
newbie
Activity: 8
Merit: 0
October 01, 2017, 12:03:05 PM
Bitcoins are digital currency,which has been produced(about 10 years) but cash is being used for more than 100 years so cash has no transaction fee.Hence in future if bitcoins are being replaced by cash then bitcoin also cannot have transaction fee...but for today's world cash is considered best and suitable for both common people as well as rich people. Shocked Shocked Shocked
hero member
Activity: 3220
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
October 01, 2017, 11:50:49 AM
To my mind there is only one reason - cash is more easier to spend, and fiat is accepted everywhete
At present, fiat and digital currencies have their own benefits. Humans have been using paper money from the time immemorial now but bitcoins have been in existence for 8 or 9 years only. Still, Btcs have threatened the existence of paper money. The only reason why people are still using cash is because we cannot use bitcoins in every service. Some people also don't understand technology well.
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