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Author Topic: Why Cash is better than Bitcoin.  (Read 99287 times)
stergium
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August 05, 2017, 10:13:12 PM
Last edit: August 07, 2017, 04:43:16 AM by stergium
 #1181

In my country that the majority still interested in traditional markets rather than supermarkets, bitcoin still rarely users to meet daily needs. They prefer the cash money is simple and not complicated, just give and get it.

Stores in my country are still using cash currency as payment option or use  credit card, while bitcoin can only be used for shopping online and that too not all goods available by online stores receive bitcoin.
that is the real reason that most of the stores accept only cash therefore cash is better than bitcoin in present time. but  i am sure that with the passage of time when bitcoin will become so popular and it will become available in every places to be accepted then bitcoin will be more better and convenient to use as compare to cash. 
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MMA
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August 05, 2017, 10:19:23 PM
Last edit: August 08, 2017, 12:45:07 AM by MMA
 #1182

In my country that the majority still interested in traditional markets rather than supermarkets, bitcoin still rarely users to meet daily needs. They prefer the cash money is simple and not complicated, just give and get it.

Stores in my country are still using cash currency as payment option or use  credit card, while bitcoin can only be used for shopping online and that too not all goods available by online stores receive bitcoin.
i think yes cash is still using in most of the countries  and people do not have any idea about bitcoin, and specially in backward countries people do not know about bitcoin, but i am sure that with the passage of time they will also know about bitcoin because internet ins now present everywhere.

Bitcoin is not that stealth as you guys thought. It's very well known even in poor African and Assian countries. And the knowledge is expanding. For the cash, bitcoin has no chance to catch up with cash money. Cash will dominate over bitcoin forever.

The government does not like cash just like bitcoin. All because cash dents can not be tracked. As well as the crypto currency. In many countries, the government has already banned the circulation of cash and in time they will be completely excluded from the use of people
i think when people will start using it and will pressurize the government then they will start accepting bitcoin. i think it is depending on the population of the bitcoin users as soon as bitcoin users will increase there will be more chances that bitcoin will become as legal currency everywhere.
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August 05, 2017, 11:56:17 PM
 #1183

Cash is better than bitcoin because it is acceptable by everyone, easy to use and easy to transact. Bitcoin is far compare to cash, but i believe that someday btc will use a main way to transact online. Investing your cash with bitcoin today will surely help you achieve your goal in life.
Someday bitcoin will be easy to use for shopping or transactions when the technological era has come, where the whole world uses digital currency and people already understand the technology and when that era comes you must be able to use bitcoin like cash money
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August 06, 2017, 12:58:43 AM
 #1184

For me BTC is more safer than the real Cash.
When you hold a BTC no one know your address, while when you hold cash someone can rob you and stole it.
While you hold a BTC you have a private keys, pass etc and is more safer to buy something and keep money in safe place.
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August 06, 2017, 01:15:57 AM
 #1185

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

In these days cash is better than bitcoin and any other altcoins. This is because bitcoins are not yet accepted in our society, only fee stores are accepting it as a payment. But bitcoins can always be exchange into a real money with the used of banks. But real money is the most valuable for other because they do not know qhat bitcoins are.
Nameless27
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August 06, 2017, 01:46:54 AM
 #1186

As your profile and forum name seem to be attracting.I will just use bitcoin for visiting it, anonimity in cash is not that highly easy. Using bitcoin could save me and even you. Why not ask the deep web users the same it will not be appropriate as such.
DoublerHunter
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August 06, 2017, 05:48:02 AM
 #1187

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

In these days cash is better than bitcoin and any other altcoins. This is because bitcoins are not yet accepted in our society, only fee stores are accepting it as a payment. But bitcoins can always be exchange into a real money with the used of banks. But real money is the most valuable for other because they do not know qhat bitcoins are.
That is the only thing that makes bitcoin very hard to use in our current world or country because bitcoin is not really accepted in all places and that is when the cash is better than bitcoin because whenever you are as long as you have cash then even you don't have internet, you can still transact and buy things with your money.
fullhdpixel
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August 06, 2017, 07:57:21 AM
 #1188

In countries like Venezuela Bitcoin is better than cash if you want to go to a restaurant, you will need a lot of cash to pay, and there's a cool fact, the max withdrawal via ATM it's less than 1$
Bitcoins are always better than cash. Bitcoins are far easier to carry than cash. Cash makes you vulnerable to robbery and sometimes even murder but this is not the scene with the cash. It’s easy to handle bitcoins as compared to cash. You can easily access bitcoins wherever you can have access to internet.

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Pierre 2
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August 06, 2017, 08:05:49 AM
 #1189

Cash may be useful in developed countries like usa, britain or eu. But it is definitely worse than bitcoin in developing or undeveloped countries.
For example in my country, Turkey, we use Turkish lira and 1 dollar was like 1.7 Turkish liras in 2011. Now in 2017 economy became bit worse, so 1 dollar = 3.50 liras.
Imagine buying dollar in 2011 by all your liras or imagine buying bitcoin in 2011 by all your liras and just compare. It is so much better. Bitcoin > Dollar > Lira.
Bitcoin is so much so much useful for people coming from developing countries.
Soros Shorts
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August 06, 2017, 08:39:00 AM
 #1190

Hey! Bitcoin Cash is worse than Bitcoin and at the same time worse than Cash.  Grin Grin Grin

Other than that, comparing Bitcoin to Cash is like comparing apples to oranges. Furthermore it seems like the OP is incorrectly including credit cards and other fiat electronic payments systems under the definition of "cash".
Gumpfire
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August 06, 2017, 09:47:29 AM
 #1191

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
Well as you see you can use casg to buy things that you want anytime and anywhere unlike bitcoin you can only use it to buy things if you convert it into a real money or cash. But in some places you can use bitcoin to buy things  in online and i hope bitcoin can be legalize in our country so i can use my bitcoins to buy things.
kaloloy
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August 06, 2017, 10:17:03 AM
 #1192

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

Bitcoin Cash is better for now than Bitcoin as this new Cryptocurrency is widely recognized and accepted and we can make transactions or payments offline and other money transfers, it is not the kind of problem that was occured before but the way of transactions are almost the same with other Bitcoin or Altcoins out there with a higher rate. Bitcoin Cash is also set at its value and it's not confusing about lossing any amount we earned by Bitcoin or Bitcoin Cash or any kind of Cryptocurrencies. In the end of the day, we still got earnings Bitcoin or Bitcoin Cash.
Rostadom
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August 06, 2017, 10:55:06 AM
 #1193

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

Bitcoin Cash is better for now than Bitcoin as this new Cryptocurrency is widely recognized and accepted and we can make transactions or payments offline and other money transfers, it is not the kind of problem that was occured before but the way of transactions are almost the same with other Bitcoin or Altcoins out there with a higher rate. Bitcoin Cash is also set at its value and it's not confusing about lossing any amount we earned by Bitcoin or Bitcoin Cash or any kind of Cryptocurrencies. In the end of the day, we still got earnings Bitcoin or Bitcoin Cash.

Lol, what? Bitcoin cash is totally made from hype and nothing else. Just take a look at its market and people are just dumping their bitcoin cash. How is bitcoin cash widely recognized and accepted when bitcoin, which is the first ever cryptocurrency, itself isn't? Bitcoin cash just got released and we are unsure of its future.

If ever bitcoin cash actually gets a name on the altcoin market like some "experts" believe, it would be nothing but hype (again). No one is interested with bitcoin cash because bitcoin is already here. By the way, I just sent my bitcoin cash yesterday to an exchange site and it took hours for it to get confirmed, I used maximum fee by the way. My bitcoin transaction, on the other hand, was a lot faster even though it had more fees (if converted to fiat).
entrepmind23
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August 06, 2017, 11:17:19 AM
 #1194

Cash is better than bitcoin for NOW in terms of its accessibility to the people. Bitcoin is not that widespread yet since when paying in groceries, restaurants or other establishments, cash or card is still the one used and when you ask some random people about bitcoin, they have no idea what it is. I think this is the disadvantage of bitcoin over cash but bitcoin later on will be used as a payment option and will be in par with cash and as an investment option, bitcoin is way better than cash.

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JorisK
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August 06, 2017, 11:38:27 AM
 #1195

In countries like Venezuela Bitcoin is better than cash if you want to go to a restaurant, you will need a lot of cash to pay, and there's a cool fact, the max withdrawal via ATM it's less than 1$

Dude, provide please a video, how someone is selling food in this mode in Venezuela.

Some people got arrested for accepting Bitcoins.

Shows exactly that BTC is extremely powerfull, BTC is free from governance, politics and greed.
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August 06, 2017, 11:53:38 AM
 #1196

****

Some people got arrested for accepting Bitcoins.

Shows exactly that BTC is extremely powerfull, BTC is free from governance, politics and greed.

You should reconsider that becouse now we have a lot of politics arround BTC that is why someone created Bcash.
Bcash is wort from cash becouse cash is anon and instant payment and bcash is not.
Bitoin is some kind monetary system this is not cash but is great becouse you can take wealth any where you want.
Cash is good in local enviorment while BTC is international and you can get good price in India o or China.

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DIAH PERMATASARI
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August 06, 2017, 01:12:41 PM
 #1197

Currently, cash is more popular and therefore more convenient than bitcoin in everyday life, but if you need to buy something online is more convenient for you to have a bitcoin. Both of these currencies have the right to life and complement each other.

Indeed now cash is more popular among people than bitcoin in everyday life, if the better bitcoin online, it is very complementary to these two currencies.
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August 06, 2017, 02:03:53 PM
 #1198

For instant and offline transactions, I would agree that cash is better than bitcoin. But when it comes to investment. Bitcoin has far more ead. You can double your investment in bitcoin in a short period of time. And also, there are transactions that are hassle free when it comes to bitcoin.
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August 06, 2017, 02:10:31 PM
 #1199

Anonymity used to be one of the advantages with Bitcoin. But some of the recent events (such as one in Denmark where the cops arrested a drug seller after tracking his BTC transactions) have proved that Bitcoin is not 100% anonymous.
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August 06, 2017, 07:01:06 PM
 #1200

Anonymity used to be one of the advantages with Bitcoin. But some of the recent events (such as one in Denmark where the cops arrested a drug seller after tracking his BTC transactions) have proved that Bitcoin is not 100% anonymous.
Maybe bitcoins are not  hundred percent anonymous but it is not that east to trace the bitcoins transactions anonymity has been the major factor in making bitcoins famous worldwide and if bitcoins are facing some problem in this regard, the team should fix it up as soon as possible.
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