Try buying casino chips to play poker with a credit card... my local establishment won't allow it. Sure, they'll let you withdraw cash and then turn that cash into chips, but they're not allowed to convert card to chips directly. Anyway, if I want to play poker I don't want a nice undeniable paper trail showing where I was and what I was doing.
I think the issue with buying casino chips with a credit card directly has to do with the issue with credit card reversals. If a gambler were to lose all of the money he took from his credit card then he could simply dispute the charge. I have also seen ATMs at casinos (I haven't used one) but it looks like they all have phones attached to them, so I would speculate that you cannot simply use your pin to takeout cash but instead need to call your bank to authorize the transaction along with answering a number of questions to verify that you are in fact you 
Topic: Why the fuck do we still use cash? (Read 6679 times)
Go buy a hotdog on the street shop and pay him with paypal
LOL, now yes i got your point. bt why do we still use cash for larger transactions?I personally don't know many people that use Cash for "large" purposes. Cash still has some advantages over BTC atm, for example it is much easier to transact in cash when you do not have access to an internet connection.
I am glad you saying nearly impossible.
I know law enforcement use "micro dot" technology to mark money, and serial numbers on bills etc.. to track "dirty" money. But as for tracking it, from mint to let's say 2 years use... yea I grant you that it's nearly impossible. I think we will have fiat cash with us for many more years... Some people still trade in cattle in 3rd world countries, and they had "cash" for years.
Merchant adoption, would determine, how fast fiat cash would dissapear. {Imagine years from now, when people will say... "Do you remmember, when we still used cash, to pay for stuff"
I am not familiar with "micro dot" technology but I know that even using marked bills to track someone can be very difficult. If person A were to be given a marked bill they could easily give that bill to Person B who gives it to person C all the way up to person "x" and there would be little if any record/link to each of these transactions. It would be very plausible for person "x" to have a small amount of marked bills that are a small subset of all the bills in his possession and he would have no link to person A except for a legitimate business transaction with person "x-1" who would have no link to person A except for a legitimate business transaction with person "x-2" and so on.....
Best arguments so far
And I don't think the future lies in the digitisation of every aspect of our lifes. I think people start to be sick of watching all day on computer displays. It's nice to actually "feel" the money instead of only mentally knowing that it exists.
People in the developed world will be increasing more to depend on technology. Integrating and interfacing directly with computer/robot is not too far off the future.
Go buy a hotdog on the street shop and pay him with paypal
LOL, now yes i got your point. bt why do we still use cash for larger transactions?I personally don't know many people that use Cash for "large" purposes. Cash still has some advantages over BTC atm, for example it is much easier to transact in cash when you do not have access to an internet connection.
I am glad you saying nearly impossible.
I know law enforcement use "micro dot" technology to mark money, and serial numbers on bills etc.. to track "dirty" money. But as for tracking it, from mint to let's say 2 years use... yea I grant you that it's nearly impossible. I think we will have fiat cash with us for many more years... Some people still trade in cattle in 3rd world countries, and they had "cash" for years.
Merchant adoption, would determine, how fast fiat cash would dissapear. {Imagine years from now, when people will say... "Do you remmember, when we still used cash, to pay for stuff"
I am not familiar with "micro dot" technology but I know that even using marked bills to track someone can be very difficult. If person A were to be given a marked bill they could easily give that bill to Person B who gives it to person C all the way up to person "x" and there would be little if any record/link to each of these transactions. It would be very plausible for person "x" to have a small amount of marked bills that are a small subset of all the bills in his possession and he would have no link to person A except for a legitimate business transaction with person "x-1" who would have no link to person A except for a legitimate business transaction with person "x-2" and so on.....
Best arguments so far
And I don't think the future lies in the digitisation of every aspect of our lifes. I think people start to be sick of watching all day on computer displays. It's nice to actually "feel" the money instead of only mentally knowing that it exists.
Go buy a hotdog on the street shop and pay him with paypal
LOL, now yes i got your point. bt why do we still use cash for larger transactions?I personally don't know many people that use Cash for "large" purposes. Cash still has some advantages over BTC atm, for example it is much easier to transact in cash when you do not have access to an internet connection.
I am glad you saying nearly impossible.
I know law enforcement use "micro dot" technology to mark money, and serial numbers on bills etc.. to track "dirty" money. But as for tracking it, from mint to let's say 2 years use... yea I grant you that it's nearly impossible. I think we will have fiat cash with us for many more years... Some people still trade in cattle in 3rd world countries, and they had "cash" for years.
Merchant adoption, would determine, how fast fiat cash would dissapear. {Imagine years from now, when people will say... "Do you remmember, when we still used cash, to pay for stuff"
I am not familiar with "micro dot" technology but I know that even using marked bills to track someone can be very difficult. If person A were to be given a marked bill they could easily give that bill to Person B who gives it to person C all the way up to person "x" and there would be little if any record/link to each of these transactions. It would be very plausible for person "x" to have a small amount of marked bills that are a small subset of all the bills in his possession and he would have no link to person A except for a legitimate business transaction with person "x-1" who would have no link to person A except for a legitimate business transaction with person "x-2" and so on.....
Because everybody else is doing it!
cash is cash
OLD. PEOPLE.
Go buy a hotdog on the street shop and pay him with paypal
LOL, now yes i got your point. bt why do we still use cash for larger transactions?I personally don't know many people that use Cash for "large" purposes. Cash still has some advantages over BTC atm, for example it is much easier to transact in cash when you do not have access to an internet connection.
I am glad you saying nearly impossible.
I know law enforcement use "micro dot" technology to mark money, and serial numbers on bills etc.. to track "dirty" money. But as for tracking it, from mint to let's say 2 years use... yea I grant you that it's nearly impossible. I think we will have fiat cash with us for many more years... Some people still trade in cattle in 3rd world countries, and they had "cash" for years.
Merchant adoption, would determine, how fast fiat cash would dissapear. {Imagine years from now, when people will say... "Do you remmember, when we still used cash, to pay for stuff"
Try buying casino chips to play poker with a credit card... my local establishment won't allow it. Sure, they'll let you withdraw cash and then turn that cash into chips, but they're not allowed to convert card to chips directly. Anyway, if I want to play poker I don't want a nice undeniable paper trail showing where I was and what I was doing.
because the cash is means of exchange recognized by the state and only the state is entitled to have it so hard for in the monopoly by a handful of people
Bitcoin compete directly with the credit card system in place. Credit card fee is around 3% that comes with stability and services.
Can bitcoin offer the same stability and service for less than 3% fee?
Can bitcoin offer the same stability and service for less than 3% fee?
Go buy a hotdog on the street shop and pay him with paypal
cash is one of the most easiest and most secure trading system, even if it sometimes may not look like it.
This is spot on, esp small business owners that want more under the table.
Because its the oldest trusted currency out lol.
Would you spend your bitcoin?
If you wouldn't, why expect other to spend it?
If you wouldn't, why expect other to spend it?
Go buy a hotdog on the street shop and pay him with paypal
LOL, now yes i got your point. bt why do we still use cash for larger transactions?I personally don't know many people that use Cash for "large" purposes. Cash still has some advantages over BTC atm, for example it is much easier to transact in cash when you do not have access to an internet connection.
Cash is elegantly low-tech It is simple to understand and does not require internet access or even electricity in order to function. Many places in this world have neither internet nor electricity, and cash is unaffected by service outages.
I think its slowly moving away from cash to electronic forms of payment. Just will take a few generations for everyone to get used to it. 
Generations, exactly.
Can't see crypto replacing cash or card anytime soon, or even becoming an alternative
To complicated for the average joe
I think its slowly moving away from cash to electronic forms of payment. Just will take a few generations for everyone to get used to it.
when we already have crypto currencies, master cards, paypal and other shit, why do we use cash?
This is a joke right?
We can't just eliminate cash
Some businesses still only accept cash and not even card, and you expect them to quickly adapt to crypto currency?
Cash will always be around, crypto currency still has a lot to prove and a long time before bigger businesses even think about adapting coins
Go buy a hotdog on the street shop and pay him with paypal
LOL, now yes i got your point. bt why do we still use cash for larger transactions?I personally don't know many people that use Cash for "large" purposes. Cash still has some advantages over BTC atm, for example it is much easier to transact in cash when you do not have access to an internet connection.
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