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Author Topic: Why Cash is better than Bitcoin.  (Read 99287 times)
Vikingr
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May 10, 2017, 07:14:30 PM
 #141

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 in credit card and banks do not work offline you will need the machine to withdraw.
Bitcoin is also used for shopping but it is its initial stage so not much things are available.
If you transact cash to any distant then it need more time than bitcoin confirmation.
the transaction of cash has more fees than bitcoin.

So I will say that bitcoin is better than cash.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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May 10, 2017, 07:16:51 PM
 #142

just an agreement by their native government promising that they will pay the equivalent amount of money in exchange of that paper. so its not the money which has value its that simple paper

About what country You are talking now?
Currency

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May 10, 2017, 07:30:45 PM
 #143

For me bitcoin is more better than cash because the transaction of bitcoin is convenient and we do not face any problems while in cash transaction we often face some hurdles because of the involvement of a third party.
I am also able to shop with bitcoin and so I mostly depend on bitcoin.
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May 10, 2017, 07:41:07 PM
 #144

Vikingr
*Bitcoin is also used for shopping but it is its initial stage so not much things are available.

You will to say, that no one sell food for BTC around You, even they all have POS for Credit cards and those fees from Banks?

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May 10, 2017, 07:46:32 PM
 #145

Cash is better because it's accepted anywhere. Bitcoins aren't, you can't buy most of things you need on your daily life with BTCs, you need cash to do it for now. Cash is good also because you can store it at home, somewhere very safe where you know nobody will find it. To store Bitcoins you need informatic security system and it's fail... For me, cash is better on these points.

 
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May 10, 2017, 08:00:30 PM
 #146

Why? Because Cash is instant payment. Just that.
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May 10, 2017, 08:06:04 PM
 #147

just an agreement by their native government promising that they will pay the equivalent amount of money in exchange of that paper. so its not the money which has value its that simple paper

isn't paper money usually backed by something? like gold? So it's easier to trade with something like paper money than carrying gold around..  Huh Huh Huh

Need some spare btc for a new PC that can at least run Adobe Dreamweaver.

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May 10, 2017, 08:21:20 PM
Last edit: May 10, 2017, 08:32:05 PM by Sex Video Chat VKcams.com
 #148

isn't paper money usually backed by something? like gold?


US Dollar is backed by double fuck you.

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May 10, 2017, 09:14:37 PM
 #149

Both are better in their respective fields. But if you consider local daily usage, then Cash is better as it is accepted more.
But in online market I found BTC to be beneficial and easy to use in many online stores and services.
yeah both is better and we should mostly using cash because bitcoin is not acceptable for direct shopping in my country so then i use cash money for direct shopping and bitcoin is a too much great currency for digital uses.
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May 10, 2017, 09:27:35 PM
 #150

Both are better in their respective fields. But if you consider local daily usage, then Cash is better as it is accepted more.
But in online market I found BTC to be beneficial and easy to use in many online stores and services.
yeah both is better and we should mostly using cash because bitcoin is not acceptable for direct shopping in my country so then i use cash money for direct shopping and bitcoin is a too much great currency for digital uses.

Ya it is true that where their is not direct usage of bitcoin shop , their all users convert the bitcoin to fiat currency and use it so cash is need for the daily life expenses and Bitcoin is source to earn just like doing job and getting payment in bitcoin and then convert it to fiat currency and enjoy it.
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May 10, 2017, 09:53:31 PM
 #151

Cash is always better than bitcoin because of its acceptance. It is accepted everywhere. On the other hand, bitcoin has a very less acceptance in real world. But bitcoin is excellent as an investment and cash can't beat bitcoin here. The kind of upside potential bitcoin has, no other investment instrument can fetch that much return in real world.

That is the reason why I prefer to have bitcoin as an investment for long term. I earn salary from my day job and I use cash for my day to day expenses. But I have kept bitcoins as an investment for the future. I am sure I will be able to make out big bucks from bitcoin.

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May 10, 2017, 10:08:48 PM
 #152

Both are better in their respective fields. But if you consider local daily usage, then Cash is better as it is accepted more.
But in online market I found BTC to be beneficial and easy to use in many online stores and services.
yeah both is better and we should mostly using cash because bitcoin is not acceptable for direct shopping in my country so then i use cash money for direct shopping and bitcoin is a too much great currency for digital uses.

Ya it is true that where their is not direct usage of bitcoin shop , their all users convert the bitcoin to fiat currency and use it so cash is need for the daily life expenses and Bitcoin is source to earn just like doing job and getting payment in bitcoin and then convert it to fiat currency and enjoy it.
I often use my bank card for any direct shopping where bitcoin is not allowed to shop as that is easy for me to keep my money and to shop in my local shops but for international shopping and for international transactions I like only bitcoin as keeping it is even more easy than keeping money in bank card.
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May 10, 2017, 10:15:49 PM
 #153

But bitcoin is excellent as an investment

Look, the shop owners have no fun to deal with it even for 1 day, have You asked at them Why?

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May 10, 2017, 10:22:08 PM
 #154

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

All the reasons why people isn't use bitcoin like what you wrote above will crash if people start to solve the last reason that bold. If people have deep understanding in bitcoin, all things will be as easy as using cash.

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May 10, 2017, 10:58:54 PM
 #155

Both are better in their respective fields. But if you consider local daily usage, then Cash is better as it is accepted more.
But in online market I found BTC to be beneficial and easy to use in many online stores and services.
yeah both is better and we should mostly using cash because bitcoin is not acceptable for direct shopping in my country so then i use cash money for direct shopping and bitcoin is a too much great currency for digital uses.
when bitcoin allow in local shops then i will just use bitcoin as my regular money because bitcoin is profitable currency than cash or fiat and a lot of people like to bitcoin but bitcoin is just acceptable in online shop but i hope one day we will be able to use bitcoin in local shops.
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May 10, 2017, 11:21:29 PM
 #156

Both are better in their respective fields. But if you consider local daily usage, then Cash is better as it is accepted more.
But in online market I found BTC to be beneficial and easy to use in many online stores and services.
yeah both is better and we should mostly using cash because bitcoin is not acceptable for direct shopping in my country so then i use cash money for direct shopping and bitcoin is a too much great currency for digital uses.

Ya it is true that where their is not direct usage of bitcoin shop , their all users convert the bitcoin to fiat currency and use it so cash is need for the daily life expenses and Bitcoin is source to earn just like doing job and getting payment in bitcoin and then convert it to fiat currency and enjoy it.

and this is why people still convert their bitcoin into cash because in their real world, they still using fiat to buy something and most of people in out there is not yet know about bitcoin. no matter what, as long as many people is still using cash, then cash is still better to be payment gateway to buy something in our offline life.

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May 10, 2017, 11:33:32 PM
 #157

Bitcoin is changing the world and the monetary system, but if you have no electricity and internet you are fucked.


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May 10, 2017, 11:57:16 PM
 #158

I must admit that at some point cash are better than bitcoin, for daily usage and spending cash is better because, it was accepted everywhere and it can be used without electricity and internet, that is why fiat still important, but for investment bitcoin is better because cash has inflation


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May 11, 2017, 12:13:18 AM
 #159

I think that's just speculation, because I see there are many people who prefer using bitcoin rather than using cash, because they think bitcoin is simpler than cash
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May 11, 2017, 12:19:53 AM
 #160

I think that's just speculation, because I see there are many people who prefer using bitcoin rather than using cash, because they think bitcoin is simpler than cash
Simpler online maybe but you're going to be very hard-pressed to find anyone that thinks that it is easier to pay with Bitcoin than cash for anything that's in person. I personally prefer using cash to even credit when it comes to buying things face-to-face, even though it makes the lives of cashiers a bit more painful for the few coins they have to count out.

I can't stand having to log into things to pay for stuff using fiat online.
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