Why Cash is better than Bitcoin. - page 72.

shunga

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Quote from: nostra3 on May 08, 2017, 10:27:29 AM

Because at present, bitcoin hasn't been recognized as an asset that has exchange rates by government. So cash is better than bitcoin, in terms of function as a means of payment.

Your right, we can safe to use cash than bitcoin. If we have cash we can buy anything we want unlike bitcoin we cant but anything we want because some market don't recognize the bitcoin, they don't know what bitcoin is already so we must wisely to use it.

Restmand

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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

cash is better than bitcoin because cash is the money that were using since past unlike bitcoin cash is easy to hold it can't need an internet and it is used to the small store and other store and i think that cash is recognizable than the bitcoin so that the cash is more popular than the bitcoin and most of all, cash is don't have a risk move.only if you have an enemy.

john70

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Belief of People that is Cash was better than bitcoin, People are believe and shows cash power, Cash worked offline and easy to buy any product any time. No risky, Legally approved by Government Wink

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Quote from: Charot12345 on September 14, 2017, 09:46:02 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

Even though bitcoin is popular and widely accepted and used as term of payment online, cash is still better because many people still used it to buy on market, store, and other business because they are used to it. Many people are not technology dependent so they don’t know what it is and how to use it. And also when you’re buying only a candy on store are you going to used bitcoin to pay?

You are right. I think it depends on the scenario in which you are making this comparison between paper money and Bitcoin. If you want to fulfill your daily based needs, then you should prefer cash over Bitcoin. On the other hand, if you are looking from investment point of view, then Bitcoin is more favorable option.

digitalgame4life

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Cash is something you need to survive in all western countries, without cash you can't do anything, therefore cash or fiat is a first priority, hence bitcoin is just an investment to shoot your luck and become richer in fiat/cash, bitcoin will not take over cash anytime soon and you could use it and invest in it since it is something precious that is expensive and most of the people dont have, therefore something that is expensive and in low quantity has huge value.

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Omicron is another FUD

I think bitcoin is not money, bitcoin is almost the same as gold,
the question is almost the same as,
- what gold is more valuable than money ?,
the answer is yes,
-and what gold can be used for shopping everyday ?,
the answer is no,
more or less like that ..

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Quote from: Roboabhishek on September 23, 2017, 03:44:41 PM

It's obvious that you cannot spend bitcoin everwhere in your local, it's ok if someone accepts it but I doubt every shopkeeper will do so.
Also, your bank does not accept bitcoins as far as I know.

The main problem of bitcoin in our time is that sellers do not accept it. This greatly complicates the turnover of bitcoin. But in cash you can pay off always and everywhere

Roboabhishek

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It's obvious that you cannot spend bitcoin everwhere in your local, it's ok if someone accepts it but I doubt every shopkeeper will do so.
Also, your bank does not accept bitcoins as far as I know.

jak3

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right now it is true there is no alternative present which can perfectly replace the place of cash in the world, not even bitcoin. because bitcoin sends money immediately but it takes time to gather its witnesses/ to confirm but with cash, everyone believes that banks can pay them coins immediately because that's what that agreement says. Cash is currently the best offline transaction but it is less secure as banks play the security role but in future, we will use cryptocurrency for sure.

pcgm

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You always have to have two options sweetheart, you do not ever know if you can lose it, especially if you are living in a country where cash is scarce and crime abounds. Having a plan B is always necessary. Kiss

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Quote from: radjie on September 22, 2017, 10:04:07 AM

Quote from: Daniel91 on May 08, 2017, 02:40:05 AM

We can't say that bitcoin or cash are better. They have different function in our everyday lives.
According to the law, for my regular work I receive salary in cash.
It's not possible to receive salary in bitcoin because bitcoin is not recognized as official currency by central bank.
From this salary I pay my everyday expenses, bills, mortgage etc.
Bitcoin I earn on Internet and keep in my wallet.
Some of this funds I invest in online business opportunities, sometimes.
Basically, bitcoin is just source of additional income.
So, for everyday life cash is much better but, as additional income, bitcoin is better.

Yes,I agree with you, but in reality cash is very important because basically every transaction we do it using cash or non cash but not using bitcoin.
even if we transact using bitcoin but can not be used directly because it is still very minimal traders who provide payment using bitcoin so before making a transaction with bitcoin we must exchange it first into the currency in each area in order to facilitate to transact.

We have got low acceptance for bitcoin as payment compared to fiat. This has made cash an better way for all regular usage than the bitcoin. Even now there are people who have been using bitcoin alone for all the needs for which a big researching about the acceptance is must.

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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

Fiat money still overpowers bitcoin because fiat money is accepted by all kinds of nations and 100% legal. Yes, bitcoins are starting to br accepted by others and also in the legalization process in some countries but cons can still find loop holes in the idea of digital currency.

So for now, fiat money is better than btc but we cannit underestimate thr potential of bitcoins because it is improving from time to time.

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Quote from: mornabo on September 13, 2017, 02:55:41 AM

Quote from: Gameroid on September 08, 2017, 02:26:03 PM

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Quote from: roadbits on September 07, 2017, 09:34:26 AM

Quote from: chickenado on September 07, 2017, 09:22:45 AM

Quote from: poplolnman on September 07, 2017, 08:35:22 AM

Quote from: Wildwest on September 07, 2017, 08:00:25 AM

In this life like today, we can not escape the name of "Cash". Cash seems to have been embedded in our daily lives. Even today many small children even adults though are "money conscious". If you give them a choice of cash and Bitcoin, then do not be surprised if they prefer money than Bitcoin.

the digital era just get started, no wonder if people don't know yet about how bitcoin could work the same way like cash work as currency to buy things. don't compare it like that , as there would always a pros and cons to be debated . while cash and bitcoin itself each has different benefit. sooner or later bitcoin would adopted and used just like cash today.

I love the way you think though. Both cash and bitcoin are equal in the eyes of people though it is digitized yet it can be used for purchasing goods or anything. I strongly believe that people are not hypocrite. No matter what appearance of money still it is profitable and for the sake of survival. Both are good with special needs of it. More powers for bitcoin.

The only major difference is we can not use bitcoins in real life that's it. Apart from this both have their own qualities and have value in the market. But as a mate said in future we will get a chance to use bitcoins in real life, and we can buy our things with paying bitcoins. My dream is how we can use cash like that i need to use bitcoins don't know when that day will come.

you must never experience to buy a cup of coffee with bitcoin or repairing your vehicles in real life right? as long as there is a merchant ready to accept bitcoin you can do it even in real life. it's just the matter of time where the adoption could spread evenly and people realize the urgency to use bitcoin as their primary currency in the future.

i think currently most of the shopkeepers are not ready to accept bitcoin for shopping in fact they themselves do not have any idea about bitcoin, but i am sure that when they will know about it then we can expect that they will start accepting bitcoin, i think we need to introduce bitcoin in our area if we want to make bitcoin popular in our area and if we are welling to use bitcoin in our local shops for shopping.

I think even though bitcoin becomes popular though and is widely accepted in various places and merchants, but it would be useless if the internal bitcoin has a very expensive fee for shopping and a long time confirmation. this is why people prefer cash rather than bitcoin. if bitcoin can match cash at least bitcoin has a very cheap fee. and very quick confirmation

The importance of both cash and bit coin cannot be denied for example you need some tractions or onl line payment in a very short period of time then you will definitely choose bit coin which is known as transactional tool while if you some of your daily needs then you will get help from your cash as if bit coin is not registered in your place.

radjie

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Quote from: Daniel91 on May 08, 2017, 02:40:05 AM

We can't say that bitcoin or cash are better. They have different function in our everyday lives.
According to the law, for my regular work I receive salary in cash.
It's not possible to receive salary in bitcoin because bitcoin is not recognized as official currency by central bank.
From this salary I pay my everyday expenses, bills, mortgage etc.
Bitcoin I earn on Internet and keep in my wallet.
Some of this funds I invest in online business opportunities, sometimes.
Basically, bitcoin is just source of additional income.
So, for everyday life cash is much better but, as additional income, bitcoin is better.

Yes,I agree with you, but in reality cash is very important because basically every transaction we do it using cash or non cash but not using bitcoin.
even if we transact using bitcoin but can not be used directly because it is still very minimal traders who provide payment using bitcoin so before making a transaction with bitcoin we must exchange it first into the currency in each area in order to facilitate to transact.

Syella.A

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for now bitcoin not many know him. and in all the malls, or other shopping places still use cash. and the most important. it is not possible for now we use bitcoin if only buy snacks

wiepers

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why cash than bitcoin? because bitcoin is not a currency of payment and if you want to trade it, must go to ATM first. more flexible use of cash money

SiDtHeBeSt

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Cash is better than bitcoins because it is more dependable i think, bitcoins looks kind of risky with unstable prices, which you can't change.

Senpai17

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Fiat money serves as a good currency if it can handle the roles that an economy needs of its monetary unit: storing value, providing a numerical account and facilitating exchange. while Bitcoin is crypto currency made by Satoshi Nakamoto. peer to peer transaction that no banks/governments will hold it

Bitshan

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There's no denying that Bitcoin is changing the way we think about the financial market and investors are finally getting on board.. cash is for the present trasantion. bitcoin is the future

vinceey

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for me Bitcoin is better than cash.. were in technology age but there are certain apps than we can pay online.. bitcoin helps you a lot we can send it easily especially in international

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