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Topic: Why Cash is better than Bitcoin. - page 9. (Read 99328 times)

full member
Activity: 154
Merit: 102
January 31, 2018, 04:45:35 PM
they are both good because they are both useful to pay stuff. but still cash is more known by people and it can be used worldwide not unlike bitcoin you can only use it online, that's why cash is better than bitcoin. and another thing what if bitcoin dies, what will happen to the bitcoins that you store ?  unlike cash even you lose connection in the internet you can still use it to pay.
sr. member
Activity: 1414
Merit: 254
January 31, 2018, 02:55:21 PM
A lot of countries do not accept bitcoin for different purposes. Maybe that's why cash is more reliable for now. So cash is better than btc.
I think each of them has advantages and disadvantages. It is true, many country didn't accept bitcoin as one of the payment method nor with another reason, that's why bitcoin is only can be used for transaction through internet. In this case, cash is better because he was able to overcome the lack of bitcoin and addition his value is keep, never changed. But bitcoin is better than cash because people can take advantage of the unstable price while saving it.
full member
Activity: 364
Merit: 100
January 31, 2018, 01:52:57 PM
It's a matter of habit. Here are the key positive differences bitcoin from the usual money that you see in your Internet bank. The money in your account is not your money, but the bank's debt to you. A completely different situation with bitcoin: you own it 100% and you can spend your money at any time and in any volumes. Bitcoin does not depend on the state of the financial system, and even if all the banks of the world are massively bankrupt, your money will still be available. Bitcoin can be spent and transferred anywhere and in payment for anything at any time, be it a working day or an international holiday. And no one will ask you questions about the purposes of using the funds, no matter how large these amounts are. This is "your money" for 100% of the meaning of this expression. Money reforms inevitably led to inflation. The issue of bitcoins, unlike usual money, is limited. And, the more common and popular will be bitcoin as a currency, the more expensive one will cost unit. Thus, bitcoin is an excellent defense against inflation and a worthy competitor to gold, which also performs this function, because the cost of bitcoin should grow not only because of the limit on its quantity, but also with the growth in demand for this currency due to the expansion of its use .
full member
Activity: 406
Merit: 100
January 31, 2018, 01:41:04 PM
There are circumstances where bitcoin is better than cash because cash is better than bitcoin. Cash is better than bitcoin in many ways like buying in a small store. In Singapore there are many stores mostly do not use computer access and only accept cash. If you have cash in hand makes you feel confident with your money, you have it if you can guess it. Cool
full member
Activity: 406
Merit: 100
January 31, 2018, 01:24:53 PM
I think in few years bitcoin will replace the regular cash. We will be able to go food Shopping and make Micropayments with bitcoin. Of course, they need to cut off the fees because are too big now
hero member
Activity: 881
Merit: 500
CyberTrade
January 31, 2018, 01:22:29 PM
Bitcoin use for online transaction and the price is continue to increase so you can make profit if you have bitcoin.
Cash is for offline transaction and if you have cash the value is still that and the price will not increase.
As you said, Bitcoin can raises its value and FIAT can not do that, right? So, you can call Bitcoin is an asset, a crypto asset instead of cryptocurrency like we are calling, because the value of Bitcoin is not reasonable to using for the world's monetary system.
Cash is used by all the people around the globe.Cash can be used anywhere and anytime but bitcoin needs internet connection.Cash is accepted internationally and any transaction can be done through it.For cash their is no transaction fees unlike bitcoin which charges high transaction fees.There is no risk in cash while bitcoin is very risky.Cash is centralised while bitcoin is decentrallised.
member
Activity: 210
Merit: 10
January 31, 2018, 12:37:07 PM
A lot of countries do not accept bitcoin for different purposes. Maybe that's why cash is more reliable for now. So cash is better than btc.
jr. member
Activity: 2058
Merit: 2
January 31, 2018, 12:33:49 PM
cash....which is applicable anywhere for buy anything or other perpose...but still now  we can not use bitcoin such as cash...that may be the reason...
sr. member
Activity: 518
Merit: 250
January 31, 2018, 12:23:34 PM
Bitcoin has it's own uses and it should not be compared to money, especially cash. It's an asset, a way to store value, an investment tool. Other cryptos have cash like uses Smiley dogecoins for example or monero Grin They are ment for different things.
legendary
Activity: 1106
Merit: 1001
The Decentralized TCP/IP Internet Protocol
January 31, 2018, 12:13:24 PM
Bitcoin use for online transaction and the price is continue to increase so you can make profit if you have bitcoin.
Cash is for offline transaction and if you have cash the value is still that and the price will not increase.
As you said, Bitcoin can raises its value and FIAT can not do that, right? So, you can call Bitcoin is an asset, a crypto asset instead of cryptocurrency like we are calling, because the value of Bitcoin is not reasonable to using for the world's monetary system.
newbie
Activity: 238
Merit: 0
January 31, 2018, 04:19:19 AM
Cash is a FIAT where the Government rules are abide in the economy and the trend is following the FIAT currency so 97 percentage of the population is proceeding with the FIAT mode for making transactions as its usage is huge and many might not aware of Bitcoin crypto currency.
member
Activity: 252
Merit: 10
January 29, 2018, 11:54:55 AM
No price change overnight
Do you like to have a account which doubles in a week and next week having a quater of original amount. Hell no!!
That's why the reason!
member
Activity: 224
Merit: 10
January 29, 2018, 11:52:56 AM
A lot of countries do not accept bitcoin for different purposes some because of technological reasons or economical reasons, so i dont see bitcoin as first payment options in such countries.
full member
Activity: 230
Merit: 108
January 29, 2018, 11:50:12 AM
I think the reason behind why Cash is better than Bitcoin is because of cash can be used in smaller bills unlike bitcoin like paying transportation cost, petty expenses and etc.
newbie
Activity: 28
Merit: 1
January 26, 2018, 12:17:20 PM
These are the most valid reasons why the common currency is still better than bitcoin, since bitcoin can not be used to make routine purchases, at least not in all parts of the world.
member
Activity: 238
Merit: 10
January 26, 2018, 11:02:36 AM
I think because cash everyday can get in our surrounding like work in fast food and everything that you pay cash and the bitcoin is through internet transaction to get high value of money.
full member
Activity: 238
Merit: 100
January 25, 2018, 09:00:05 PM
Why Cash is better than Bitcoin? Well the fact speak is cash not decreasing in price while bitcoin experience it. This is why cash is better.
member
Activity: 154
Merit: 10
January 25, 2018, 12:22:58 PM
Bitcoin use for online transaction and the price is continue to increase so you can make profit if you have bitcoin.
Cash is for offline transaction and if you have cash the value is still that and the price will not increase.
full member
Activity: 476
Merit: 100
January 25, 2018, 12:02:26 PM
The more acceptance Bitcoin receive the more better it  will become more than fiat(cash). If you have money in bitcoin no body will notice it as to plan attack or kidnapping. but once you have cash people will begin to monitor you and plan to attack. 
member
Activity: 294
Merit: 10
January 25, 2018, 11:56:35 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

It was really hard to work on the corporate world since there are a lot of bills to pay and the fees are pretty high as well. Cryptocurrency is helping people to obtain wealth easily by trading in the market or building their own mining rig to earn coins passive which they can exchange for fiat.
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