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Author Topic: Why Cash is better than Bitcoin.  (Read 91179 times)
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May 08, 2017, 07:34:19 AM
 #21

Cash and Bitcoin have different usage and bitcoin is better than cash/most cashless payment method in online shopping. But, cash or any payment method also have exchange risks such as counterfeit money, hack/theft attempt and unfair rate.

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May 08, 2017, 07:40:05 AM
 #22

We can't say that bitcoin or cash are better. They have different function in our everyday lives.
According to the law, for my regular work I receive salary in cash.
It's not possible to receive salary in bitcoin because bitcoin is not recognized as official currency by central bank.
From this salary I pay my everyday expenses, bills, mortgage etc.
Bitcoin I earn on Internet and keep in my wallet.
Some of this funds I invest in online business opportunities, sometimes.
Basically, bitcoin is just source of additional income.
So, for everyday life cash is much better but, as additional income, bitcoin is better.



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May 08, 2017, 07:42:01 AM
 #23

how to advertise on bitcointalk:
1. put what you are advertising in your signature
2. make some outrageous topic on bitcointalk to attract a lot of users coming to correct you. better if it is against bitcoin.
3. bump it up every time it goes down with more controversy.
4. have the delusion that you are advertising your thing in your signature.
5. get banned because of spamming.

The most humorous version of this I saw today was a senior member with over 800 posts asking why people buy alt coins.

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May 08, 2017, 07:42:08 AM
 #24

* Value is determined by the government. If the government says the currency note you are holding is paper then it's just a paper, doesn't matter if $10 is written on it or anything like that.

In what country?
Even in DPRK it exist not.

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May 08, 2017, 07:45:48 AM
 #25

why people buy alt coins.

The best humour is why some 100% clone of BTC are already dead and BTC will die tomorrow. attract someone for mining.

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May 08, 2017, 07:46:28 AM
 #26

Why cash is better than BTC? The advantage of cash is that you can hold your own money, unlike BTC, you need to convert it first into money before we called it a cash one. Since we called it cash, you can easily spend your money in just one click by hold your cash. They are both have special quality and the important is that we need to know and to learn their disadvantages and advantages.

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May 08, 2017, 07:59:44 AM
 #27

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

What? do you really know what you are really saying right there? credit cards have fees too, transaction fee is needed so they can surely earn from using their service you just not felt it but it always have fees, and before using your credit card there is some confirmation that needs to settle first when I use it to purchase an appliances, cash can be accepted to purchase food shopping but sometimes credit card is not accepted in certain purchase, and of course anyone can surely understand how fiat money works is it the most use by you and certain people you know, and bitcoin however is not a well known currency and because it is harder to understand it is not accepted that much, but give it a time to teach yourself in using it and you can surely know what you are missing!

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May 08, 2017, 08:09:31 AM
 #28

Cash is better if you are not investing, most people are just looking for a system that is simple and easy to use
and cash is the answer for that. Bitcoin is too complicated for majority of people so in overall cash is better than bitcoin.

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May 08, 2017, 08:25:37 AM
 #29

YuginKadoya

*What?
- You are free to show to anyone how You use bo buy eggs or bananas.


*do you really know what you are really saying right there? credit cards have fees too, transaction fee is needed so they can surely earn from using their service you just not felt it but it always have fees, and before using your credit card there is some confirmation that needs to settle first when I use it to purchase an appliances,
- One day i become a bottle of German Beer for free only for reason not pay other transaction after be billed for some food and trying to pay forgotten beer. Other day for paying caffe i used to ask be billed for caffe and transacton, ant it worked, In other place i failed to become caffe even i offered to be billed for the transaction fee (It was very sorprising for the operator).
For offline CC processings there are some options, and BTC have 0 such options.

* cash can be accepted to purchase food shopping but sometimes credit card is not accepted in certain purchase, and of course anyone can surely understand how fiat money works is it the most use by you and certain people you know, and bitcoin however is not a well known currency and because it is harder to understand it is not accepted that much, but give it a time to teach yourself in using it and you can surely know what you are missing!
- Show me someone who accept BTC for diesel or Benzene.

I'm switched to payments in Euro, i prefer the electronic mode, and some places are still accepting only cash.
For example - the nearest 2 food shops are accepting no Credit Cards, and this is the European Union.

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May 08, 2017, 08:34:44 AM
 #30

It may be possible in Venezuela but here in my own country i have never see such.
Well i think such will be good if my country people emulate such a thing.

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May 08, 2017, 08:46:13 AM
 #31

Bitcoin is too complicated for majority of people so in overall cash is better than bitcoin.

One more - You need any device to use cash, apart of pocket.

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May 08, 2017, 08:59:28 AM
 #32

Bitcoin is too complicated for majority of people so in overall cash is better than bitcoin.

One more - You need any device to use cash, apart of pocket.

Reading through the thread gave me the impression that you do not understand the concept of money. What makes the different between 1 USD and 1 GBP? It is what people perceived their values are.

For example, to me, there is no difference in BTC and LTC per se... most people believe in BTC, the network is stronger, and that's why BTC worth more than LTC... but now with Segwit activated in LTC, will this change?

Yes, you do need a devices to use cash.. they are your paper notes and coins.
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May 08, 2017, 09:07:25 AM
 #33

the impression that you do not understand the concept of money.
 What makes the different between 1 USD and 1 GBP? It is what people perceived their values are.

The difference for me is that no one is asking at me to be paid for food in some perverse mode other than Euro or $.
Sometimes they are accepting to bill me with MasterCard circuit.
To have cash i need to pay fees.


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May 08, 2017, 09:31:25 AM
 #34

Because I work and earn cash. I think both are the same, not about the better, but rather the ease of use. In real life I can not buy a computer with bitcoin, because the store does not accept bitcoin as a means of payment. But in an online store, I can use bitcoin to buy it.

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May 08, 2017, 09:48:25 AM
 #35

But in an online store, I can use bitcoin to buy it.

There are some shops who sale food online, but they accepting
Visa
Visa Electron
Postepay
Prepayd Paypal
American Express
Mastercard
Maestro Internazional
Carta Si

Some "online" food delivery is accepting cash at the moment of delivery.
But there is no serious offer accepting BTC.

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May 08, 2017, 09:52:38 AM
 #36

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
Base in my experience you are wrong about the fees. they are also asking for the fees and the exchange rate is high base in my experience since i am from asian country our money here needs to exchange first and the fee for every transaction i think 1%-5% depends if where you are buying if its local or international..
i already tried withdrawing my funds sample from paypal they are deducted my funds from paypal almost $5 every time i witdrawn my money to atm credit card..

And i think if you are dealing to someone or register via our bank accounts to none safety sites its not a good idea because your money is not safe..
If we deposit our money in bitcoin i think much more safety to use bitcoin instead this is just my opinion maybe there are other opinion out there about the atm's or bank accounts ..

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May 08, 2017, 10:00:08 AM
 #37

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 agree to this statement, many reasons why we need cash but For me the best reason why we should use bitcoin is It's easy to earn here in bitcoin than offline business with cash. And The best reason why you should bitcoin is you can earn here with or without funds.

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May 08, 2017, 10:16:30 AM
 #38

Bitcoinsummoner

*Base in my experience you are wrong about the fees.
- What fees You pay at local food shop when You paying in Cash?
At me, they even pay no taxes if they give no bill at purchase.



*they are also asking for the fees and the exchange rate is high base in my experience since i am from asian country our money here needs to exchange first and the fee for every transaction i think 1%-5% depends if where you are buying if its local or international..
i already tried withdrawing my funds sample from paypal they are deducted my funds from paypal almost $5 every time i witdrawn my money to atm credit card..
- What fees are applied on You, if You have some bill over $15 at the food shop with MasterCard or Visa?
I hardly sospect, that local shops are accepting only cash in Your area.


*And i think if you are dealing to someone or register via our bank accounts to none safety sites its not a good idea because your money is not safe..
- The use of CC is reverible.

*If we deposit our money in bitcoin i think much more safety to use bitcoin instead this is just my opinion maybe there are other opinion out there about the atm's or bank accounts ..
- Sorry, You are about "safekeeping" or "investment diversification"?

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May 08, 2017, 10:20:28 AM
 #39

If we see the ease and speed of transactions anywhere else then bitcoin is better than everything. Cash money is still a majority so the use of bitcoin and also a store that receives bitcoin is still rare. But in the future things can change, bitcoin can be a key payment tool for people in the world.



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May 08, 2017, 10:24:42 AM
 #40

but For me the best reason why we should use bitcoin is It's easy to earn here in bitcoin than offline business with cash.

Youtube pay much more in fiat if the user is succesful.
Are You about Signature Companies earnings or You make Here some other activity?

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