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Author Topic: Why Cash is better than Bitcoin.  (Read 99287 times)
Sterling1331
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October 01, 2017, 05:03:05 PM
 #1561

Bitcoins are digital currency,which has been produced(about 10 years) but cash is being used for more than 100 years so cash has no transaction fee.Hence in future if bitcoins are being replaced by cash then bitcoin also cannot have transaction fee...but for today's world cash is considered best and suitable for both common people as well as rich people. Shocked Shocked Shocked
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Christian13
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October 01, 2017, 05:14:48 PM
 #1562

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
We all know that cash is 100% work offline and it widely accepted and used in all country. You can also use it to buy some foods, gadgets and all things that you want and it is our world currency in which you could use it in all kind of transactions. Lastly, cash only have one value and the price was stable.
megynacuna
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October 01, 2017, 08:20:40 PM
 #1563

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
We all know that cash is 100% work offline and it widely accepted and used in all country. You can also use it to buy some foods, gadgets and all things that you want and it is our world currency in which you could use it in all kind of transactions. Lastly, cash only have one value and the price was stable.

I'd like to address your last point because every centralized currency has the backing of the government or central banks and so they regulate it to suite a pattern in order not to breed inflation but Bitcoin is different and it's being regulated by the activities of its users. No fiat currency has a single stable value it also fluctuate too but maybe not as much as Bitcoin.
chichan13
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October 01, 2017, 08:27:56 PM
 #1564

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
They prefer to use cash because it is widely accepted in all country and in all store. In addition to that, we all know that cash is always accepted in all offline and online store. Lastly, I think bitcoin will also accepted in some offline and online store and it is also widely used in other country.
hiddenmist
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October 01, 2017, 08:32:31 PM
 #1565

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
I doubt it. Banks can forfeit your balance account if you want have no transactions for a year. They call it dormant account. Credit cards have annual fees not to mention the very high fees if you didn't pay it on time. ATM has fees too.

davinchi
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October 02, 2017, 06:53:31 AM
 #1566

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
Probably because they do not know Bitcoin yet, or maybe because Bitcoin is not yet commonly used. We know their habit is to use cash / ATM / Credit card as payment I'm sure they are too comfortable to use it than the newly famous Bitcoin.
Wait…you guys are confused. Cash is whatever you use physically (as in physical form of money)so, if  relying on cash, then you will be totally offline lol. I prefer to be online. But that doesn’t mean cash (regular currencies) doesn’t have online form.
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October 02, 2017, 07:02:38 AM
 #1567

When you compare when it comes to its value, Bitcoin is way way better than Cash. Bitcoin's value is increasing in value. But when it comes to availability and can use anytime on hand. I prefer cash. We all know Bitcoin is not acceptable on all merchants. That is why we convert our Bitcoin into cash. So for emergency purposes and for daily use, Cash is still the best.

domgamer
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October 02, 2017, 07:58:35 AM
 #1568

Because we can't use bitcoin in our daily living. Imagine when you are hungry and you need food asap.
ViperCS
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October 02, 2017, 08:09:08 AM
 #1569

I think bitcoin is also a good way. Bitcoin is one of the very good choices here as it’s digital currency. You can store your bitcoin even on a piece of paper or use physical wallet. Some rich people who would like to hide some part of their wealth from bank/security accounts. The Swiss bank was a good option to do it but not anymore. The common way is to put cash or valuable goods or commodities but those take-up spaces and you need to find safe space to accumulate them.
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October 02, 2017, 08:10:30 AM
 #1570

Cash is better to handle easily available from ATM. but bitcoin is also worth. There’s still many people in the world that don’t have bank accounts, while internet access is easier. Bitcoin permit them to pay others easier than bank transfer and credit cards for transactions.
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October 02, 2017, 08:11:55 AM
 #1571

I think bitcoin is also a good way. Bitcoin is one of the very good choices here as it’s digital currency. You can store your bitcoin even on a piece of paper or use physical wallet. Some rich people who would like to hide some part of their wealth from bank/security accounts. The Swiss bank was a good option to do it but not anymore. The common way is to put cash or valuable goods or commodities but those take-up spaces and you need to find safe space to accumulate them.


Totaly agreeed.
dart vader
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October 02, 2017, 08:16:31 AM
 #1572

Cash is better than Bitcoin in various ways such as cash is widely accepted.Cash have a physical form and it can be directly used in physical stores without any need of converting it into some other currency but bitcoin dont have any physical form and it needs to be converted into some other currency . Cash is not decentralized and government accepts it as the only currency for financial transactions but Bitcoin is decentralized and it is not accepted by government as the only currency for transactions.Moreover transactions through cash are risk free , fast and without fees but transactions through Bitcoin have some risks , takes some time and have some fees.
CASPER_TEAM
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October 02, 2017, 08:17:11 AM
 #1573

Million reasons why its not, but still - its just the beginning
Lyancy001
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October 04, 2017, 06:57:05 PM
 #1574

Both are good and better, why just can't we use both? They are essentials for our finances. Why can't we just accept that both of them can co-exist?
forbiddenone123
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October 04, 2017, 11:37:05 PM
 #1575

Bitcoin is better than Cash because bitcoin is decentralized and it is secure than cash it is centralized and not secure and easy to loss.

Hishand
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October 05, 2017, 07:14:59 PM
 #1576

No very good bitcoin is greater than funds for so several reason i cant agree in yout purpose why income is greater than bitcoin i guess it really invalid for so numerous purpose bitcoin is much better than cash in having transaction it is a virtual or electronic so can not be stolen by anybody easily.
Duzter
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October 05, 2017, 07:18:42 PM
 #1577

Both and bitcoin are similar in some form. It can be in terms of payment, investment, making of transactions, only the platform on which it function gets varied along with the profiting chances. Cash seems to be better, because this can be used even by a common man. With bitcoin the same is not possible, which needs certain amount of knowledge to use it.

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October 05, 2017, 07:24:04 PM
 #1578

Cash is better than Bitcoin in various ways such as cash is widely accepted.Cash have a physical form and it can be directly used in physical stores without any need of converting it into some other currency but bitcoin dont have any physical form and it needs to be converted into some other currency . Cash is not decentralized and government accepts it as the only currency for financial transactions but Bitcoin is decentralized and it is not accepted by government as the only currency for transactions.Moreover transactions through cash are risk free , fast and without fees but transactions through Bitcoin have some risks , takes some time and have some fees.
The days of cash are numbered and like it or not I don't see a lot of people using cash in 5 years. As you've said cash is backed by the government, physical etc. But I feel like you're confusing cash with fiat. Cash is just a form in which fiat can be transfered and used. You also have credit, debit cards etc. All forms of fiat. Cash is one of them. So I'm not saying people will stop using fiat but cash will have a decrease in use in the next couple of years. If people will stop using fiat is to be determined by the influence crypto currency will have on our lives.
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October 05, 2017, 07:34:28 PM
 #1579

Cash is more affordable and more trustworthy than cryptocurrency. Some time will pass and everyone will know the power of crypto currency.
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October 05, 2017, 07:37:26 PM
 #1580

Both are good and better, why just can't we use both? They are essentials for our finances. Why can't we just accept that both of them can co-exist?

no cash is not better than bitcoins because bitcoins have many benefits than cash keeping cash wil give you no profit but keeping bitcoins will make you rich in leaps and bounds keeping cash could be dangerous but there is no risk in keeping bitcoins with yourself.
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