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Author Topic: Why Cash is better than Bitcoin.  (Read 99287 times)
Naoko
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November 05, 2017, 07:39:01 PM
 #1941

perhaps in some localities this will be possible in the near future, but not all over the world, since bitcoin isn't developed and not everyone knows it, understand it and use it... and cash is still valuable everywhere
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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November 06, 2017, 03:54:42 PM
 #1942

Bitcoin is vastly used cryptocurrency in the world. People are using bitcoin in many ways. But all the process is online. We can trade bitcoin in online only. But the most portion of the world is not in the internet facility. So it's so hard to use bitcoin in public places vastly. But on the other hand, the cash money doesn't have this problem. We can easily use it in public places and they are 100% offline. So it's easy to use.
I don't agree. Majority of the world today has access to some form of internet(mobile data, wifi etc). The internet problem that you are describing is not an issue at all these days and more and more people are gaining access to internet as time passes by due to significant developments in technologies. I feel that both bitcoin and cash are important in different ways and they each offer certain pros and cons. Neither is better than the other according to me. Both payment methods are fundamentally different, but achieve the same result at the end of the day.
We are wanting to use currency for payment, therefore, depend on the method and the reason of user, we will use FIAT or Bitcoin for our transaction.
Cash and Bitcoin all have disadvantages, there is no currency perfect 100%!
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November 06, 2017, 09:24:20 PM
 #1943

For now, cash much better than bitcoin taking into account the fact that one bitcoin transaction produces as much heat as one car in the city for 1 week.
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November 06, 2017, 10:03:54 PM
 #1944

Bitcoin is much less dangerous because of its animosity and simple to use. Not like  holding big cash there's a possibility  that you are keeping it may stolen by any poor people.
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November 06, 2017, 10:18:59 PM
 #1945

Cash is currently better than bitcoin because it is accepted everywhere as a form of payment or exchange.  However will the growth of technology every year and human digital connectivity there is no doubt that at some point in the first world civilizations around the globe bitcoin or a form of bitcoin will dominate.  Cash will become and is becoming to cumbersome to transport, especially is larger amounts. 
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November 07, 2017, 03:28:02 AM
 #1946

I believe this relies around the consumer, if money more then looks bitcoin is better than money, we should admit the present users of money is much more dominating than the digital cash or bitcoin.
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November 07, 2017, 06:34:14 AM
 #1947

Cash and bitcoins are the same if there is any difference, it is immaterial so to speak.  The wide applicability of bitcoins nowadays is very visible that this cryptocurrency was already accepted in varied of ways.  It is now accepted as payments in schools and some other stuff like that.  It can also be easily turned into cash if you want.  There are a lot of exchanges that emerges just this past months. So I guess the difference can be ignored.
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November 07, 2017, 09:56:56 AM
 #1948

I think the very best way to say that cash is better than Bitcoin is when you go to a place without an internet connection like in a place common area of Mountains and cash can understand easily how much the amount than bitcoin.
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November 07, 2017, 10:01:41 AM
 #1949

Cash is good for small shopping.cash is good for time saving and merchants may not accept the bitcoins.cash always eligible.
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November 07, 2017, 10:04:46 AM
 #1950

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
That's true at this moment wherein Bitcoin together with ither cryptocurrency is not yet supported and legal to most of the countries. Cash is indeed better today because it is legal to most of the countries and its value is way stable than the market price of Bitcoin making it safer than to turn all your money to Bitcoin which uts value changes from time to time that serves as a risk.

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November 07, 2017, 10:17:24 AM
 #1951

Cash is easy for transactions.it is good for small shops.
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November 07, 2017, 01:02:54 PM
 #1952

For now, cash much better than bitcoin taking into account the fact that one bitcoin transaction produces as much heat as one car in the city for 1 week.
one car for one week?  Huh You have source to confirm that?
If it's true proof of work must be banned by UN
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November 07, 2017, 01:09:59 PM
 #1953

In my opinion,maybe cash is better than bitcoin because cash is easy to accept and we can do transactions offline and we can also transfers money with own.
bitcoin is also the same,with bitcoin we can transfer our money to others,the advantage,fast transactions are done every 10 minutes and the transfer fee is cheap.
So it's up to you to think that money is better than bitcoin or vice versa, and obviously I prefer cash.

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November 07, 2017, 01:22:05 PM
 #1954

Cash is better than bitcoin is such away that it is physical and easy acceptability within your locality. But apart from that I don't think fiat has more to offer better than bitcoin. When you are doing multinational business, bitcoin is far better than fiat. Bitcoin transactions are very fast and cheap as well compared the bank transfer that might also require to convert your local currency to currency of your business partner. Bitcoin removes that, with bitcoin is there only one currency between you and your business partner - you might only use other currencies as an equivalent.  
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November 09, 2017, 04:24:24 AM
 #1955

Maybe the main reason why cash is better than bitcoin because we grow up using cash rather than bitcoin, also not all transactions requires credit card to purchase something which is the same as bitcoin that is digital currency (except convert it to cash), example you are in a open market or night market how can you pay the seller a bitcoins since they don't have know it yet or there not that advance shops as other have right now like in the malls. That's why cash is still a better way to purchase or use on something rather than bitcoin, but we don't know in the future all people will only use digital currency and no more cash needed, looking forward to that.

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November 09, 2017, 04:28:04 AM
 #1956

Right now, Bitcoin can't be used for transactions which are small​ sized or medium sized, due to the very high fee. SegWit2x was like the last hope, but that is also gone now. Now cash will dominate small and medium sized transactions, while BTC will compete with Visa/Master for large scale transactions.

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November 09, 2017, 06:10:21 AM
 #1957

Why Money is better than Btciin?Nicely the very fact talk is money not lowering in price whilst bitcoin experience it. This is why cash is better.o
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November 09, 2017, 07:12:20 AM
 #1958

Money is kind of real material and it is the factor make money best. Bitcoin in general is a virtual money and it is not accepted in many countries, litmited in trade, exchange and in almost payments. I hope ib future, bitcoin will become popular and accepted in countries and official payments so everybody can use bitcoin as the way they use local money
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November 09, 2017, 07:27:29 AM
 #1959

Bitcoin is currently mainly used for global transactions. Bitcoin can not be used for payment in some countries. Therefore, cash is still used now for shopping. Currently, cash is more practical than bitcoin. Smiley

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November 09, 2017, 07:35:53 AM
 #1960

I do not think BCH can be better than Bitcoin. Currently with me bitcoin is still the best coin, as it is widely recognized and its value is greatest. It's just coincidence if bitcoin fails hardfork.
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