Topic: Why Cash is better than Bitcoin. - page 76. (Read 99340 times)
Cash is better for purchase anytime and everywhere, but bitcoin is not better to purchase anytime everywhere. nowadays new era of bitcoin. actually bitcoin is online currency / digital currency it so much popular so may country but it is not support everywhere to purchase anything. no longer better to use bitcoin all the time. actually cash is better for local purchase and offline spending. on the other hand cash has physical view but bitcoin no.
The value of cash is stable rather than bitcoin, cash can be use offline, it is easy for payment and has no transaction fees.
When you say cash you mean USD? Cause its about only one currency that fits your description. BTW good luck buying something with USD in London for example at night. Once exchanges are closed you are in trouble, and to exchange your cash to another cash you need to pay fee. And you basically have to choose between this exchange or one across the street.
Your cash can be fake (which is very hard to do with bitcoin).
Value of cash is not stable, its artificially managed by government, so if you loose it you loose it all at once when currency defaults. With bitcoin its volatile but actually more stable.
The funny part is that government that issues the currency almost always will seek to limit cash circulation, because cash transaction allows to avoid paying taxes.
So in long run we have 2 choices - some numbers on our bank accounts or some numbers in our cryptocurrency wallets, because cash is not efficient and dangerous to handle by general consensus.
Because the cash can be touched and touched, and bitcoin can not)) this is the difference between bitcoin and paper
I look at bitcoin as one thing and cash as another thing.
i agree with you, i can't imagine if buy things with bitcoin, when price up and then buy things with bitcoin maybe buyer feel lossand another reason in my opinion is people has been familiar with real money so difficult move to bitcoin
The value of cash is stable rather than bitcoin, cash can be use offline, it is easy for payment and has no transaction fees.
Depends...
Cash or rather fiat was not always stable.
If we talk about times when the economy was down and inflation was almost impossible to predict prices went amok.
Just look what is happening in Venezuela, read about the might Zimbabwean dollar or the DM crisis both before and after the ww2.
I had my experience in post communism when the price of bread was rising by 2 to 5% in matter of days.
It even went 10% in a single day and I remember at that time I didn't have enough on me to buy two , I went home with one and come back to buy the second.
Unfortunately there was no bread left at that time.
The value of cash is stable rather than bitcoin, cash can be use offline, it is easy for payment and has no transaction fees.
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
Even if bitcoin or the cryptocurrency hold some pros and cons on cash. There are stillt the advantages of physical paper money that can't just be disregarded. Cash can be used anywhere and is generally accepted everywhere. Cash does not have fees and can be touched or seen as well.
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with cash in our hands, we can buy everything we want including to buy bitcoin in any of price and in many country, cash is more important than anything. many of us still don't know bitcoin so i think its still better to have cash but don't forget to save bitcoin too for our investment, if we can save bitcoin, then when bitcoin price is up, we can make big price and of course our money will be increase too.
Country where Bitcoin is used as fiat currency and you can do anything you want then Bitcoin will be used by all of them till then cash is better. As in my country their is no one who does business for Bitcoin so i have to convert to fiat currency and use bitcoin.
Cash is widely accepted so for now cash is better but there will be the day that bitcoin will become better because of major acceptance in the market. And once each countries agrees to accept bitcoin then it will be the time that we will have a cashless society and people wants to keep on using bitcoin as the major currency all over the world.
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?* 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
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
Its obvious why cash is better than bitcoin because bitcoin can used only in online crypotcurrencies although if you want to change it in your country money you'll need an internet to access your bitcoin and cash is the money that used in my country and to buy everything although somethings buy bitcoin but not our needs like houses foods our daily needs so i think that the cash is better than the bitcoin * 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
Why? Because Cash is instant payment. Just that.
yeah, if we have cash we can use it everywhere and we can but things we want to buy if have cash. but if we have bitcoin we were not sure that the market accept that kind of payment so we better have a cash in our hands.
Why? Because Cash is instant payment. Just that.
yeah, if we have cash we can use it everywhere and we can but things we want to buy if have cash. but if we have bitcoin we were not sure that the market accept that kind of payment so we better have a cash in our hands.
I wouldn't say that it's better or not. They serve different purposes for people.
Bitcoin is not that widespread yet. So, cash is more convenient for everyday use by now.
You're right on the spot mate. They have both advantages and disadvantages on either side. So we really can't decide whether the other one is better for now I guess. Because eventually there will one that will be better. Bitcoin is not that widespread yet. So, cash is more convenient for everyday use by now.
Because people are used to using what they have. Bitcoin is new and hard for most people.
I wouldn't say that it's better or not. They serve different purposes for people.
Bitcoin is not that widespread yet. So, cash is more convenient for everyday use by now.
Bitcoin is not that widespread yet. So, cash is more convenient for everyday use by now.
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
Nowadays, cash is really useful than bitcoin anywhere in the world, accept it or not bitcoin is not that powerful yet globally. It is just for now its digitally trend in the internet as alternative virtual currency. But what the good thing it has were money/cash don't have is that bitcoin can give us profit and savings were cash can't able to it individually. * 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 as of now bitcoin has not been recognize by the other government so that people still use cash rather than bitcoin. Cash has been use in a lot of ways such buying goods but bitcoin can only be use in a selected products and activities. If bitcoin will he accepted therefore bitcoin will be utilized.
That's in the perspective of use of bitcoin but it's not usable unless and until the your cash is multiplying without doing anything. There is comparison between cash and bitcoin which are completely different in shape size and use. There is no way you can compare them. Bitcoin still can be converted to cash and used and moreover it can be used online with a simple click. Bitcoin will keep increasing in its price always but your one dollar bill would be one dollar only now and forever. So that's the big difference between them and that's why bitcoin is better than cash.!
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