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Author Topic: Why Cash is better than Bitcoin.  (Read 98554 times)
bling-bling
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November 10, 2017, 11:44:43 PM
 #2001

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
Simply because cash is physical. You can physically have it in your possession and use anytime you wish. I think this is one big advantage of cash over Bitcoin. Cash has more uses compared to Bitcoin. This is one fact that most would agree on. Plus, I believe majority of the members of the community are into Bitcoin so they could convert it to cash once they accumulated a reasonable amount. So it would still go back to cash! Cash is our default...

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SportsbookBettor
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November 10, 2017, 11:47:51 PM
 #2002

I think because cash transactions can be done by everyone, does not require internet connection and of course is speed. 3 things that should be done bitcoin so that one day can be better than cash.

Yes because cash can be used by anyone in the society and it has been the most accepted mode of payment till now but i'm hoping bitcoin will be used by everyone too as long as they know how to use internet. Also i want more establishment to adopt bitcoin as another payment option because i think it will be a great help for us if we don't have cash to pay and they accept bitcoin it will be a easy way to pay them.

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November 10, 2017, 11:48:36 PM
 #2003

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
if that's the answer is the factor of the system of government in my country has not been in the official bitcoin as a valid payment instrument in my country


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November 11, 2017, 12:12:36 AM
 #2004

It is because it is been a tradition to use a cash over bitcoin. In cash you can access it everywhere even if the internet is not available. When getting it there a no extra fees. The value of it is know by everybody so you will not have the difficulty in exchanging cash in the store or any merchandise area you will go to.
Faker198
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November 11, 2017, 12:34:54 AM
 #2005

As I think it is money that will help us handle, in addition it has no transaction fees

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November 11, 2017, 01:26:47 AM
 #2006

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
if that's the answer is the factor of the system of government in my country has not been in the official bitcoin as a valid payment instrument in my country
Even though bitcoin will become official currency in your country and even in the majority of this world. It is still not enough for us to say that bitcoin is the best because cash is still the best since our government are preferring to use cash in daily basis rather than bitcoin because of the reasonable purposes so i think we should just stick with cash and bitcoin at the same time and not to choose just one of them.

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November 11, 2017, 02:15:05 AM
 #2007

Why? Better? We groving up with FIAT but now is here crypto money what will change our future. Maybe the cash is more popular (as from the past) but be sure the crypto will change the cash not long time we wait... :-)
winer432
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November 11, 2017, 05:53:22 AM
 #2008

I think as of now cash is better than bitcoin , we used cash in our everyday life because it's old currency that everybody knows around the world and also accepted the cash in the different way, but bitcoin is new in the world of e-currency and also not everyone knows about bitcoin maybe in the near future.
gondar1
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November 11, 2017, 05:56:21 AM
 #2009

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 of course for now, cash is better than bitcoin. It is the well known means of payment and it is part of our system for a long time. It can be used anytime and anywhere, and that is it’s advantage.
heyouyou
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November 11, 2017, 05:58:56 AM
 #2010

Bitcoin is currently in development, so cash is better than bitcoin. But bitcoin is better than cash when bitcoin matures. I'm optimistic about the future of bitcoin, and I'm going to make long term investments in bitcoin, and the bitcoin era will come. Smiley

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November 11, 2017, 06:03:00 AM
 #2011

We can't deny the advantage of cash than bitcoin, we cannot use bitcoin in our daily lives like buying necessary things that we use like buying retail goods in a sari-sari store here in the philippines and also paying fare in local transportation. Bitcoin is not yet known here that's why we still need cash in our daily living. There are so many simple thing that can show the advantage of cash than bitcoin, but i am not saying that bitcoin has no advantage but ofcourse it has advantage in some manners. It just checking a reality now, and also this is just only my point of view. Thank you. 😃😃
kaizerblitz
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November 11, 2017, 06:11:16 AM
 #2012

Because cash can buy anything today and it seems like if i have cash or money i have power to gains some bitcoins. I wish someday that bitcoin empliment a new currency in the world.

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November 11, 2017, 06:12:12 AM
 #2013

You absolutely right that cash has its advantages. However, have you not yet realized that nothing will change from this? We can stubbornly argue that cash is better and use only it during some time but sooner or later the cryptocurrency will still come to our lives because it is the processes of the global economy. Cryptocurrency is just one of the developmental strains that we need to take.
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November 13, 2017, 02:44:20 PM
 #2014

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.
You are right the bitcoin is the currency that is being use by all the people and the half of the generation in my country are using the bitcoin now I am aware of the increasing power of the bitcoin that with the passage of the time the bitcoin is increasing more and more I hope the value of the bitcoin will grow and we will see how the bitcoin is getting wide with the passage of the time so for me yes the bitcoin is better than the gold.

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November 13, 2017, 02:49:25 PM
 #2015

We can't deny the advantage of cash than bitcoin, we cannot use bitcoin in our daily lives like buying necessary things that we use like buying retail goods in a sari-sari store here in the philippines and also paying fare in local transportation. Bitcoin is not yet known here that's why we still need cash in our daily living. There are so many simple thing that can show the advantage of cash than bitcoin, but i am not saying that bitcoin has no advantage but ofcourse it has advantage in some manners. It just checking a reality now, and also this is just only my point of view. Thank you. 😃😃
I agree because with cash you can just go to a coffeeshop and just buy yourself a drink but with bitcoin you can't because they don't know about bitcoin.
But i think that in the near future you may actually buy things on street with bitcoin.
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November 13, 2017, 02:51:07 PM
 #2016

Cash is better than bitcoin because with cash you can buy things but with bitcoin it is really hard to buy things. Most of the criminals use bitcoin to buy things online so i don't think i will buy anything with it i will rather turn it into cash and buy myself a ice cream.
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November 13, 2017, 02:51:19 PM
 #2017

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

Actually it will be depending on your needs, If you need something to buy online then bitcoins will be helpful because it is a digital currency. Bitcoins can also be exchange into fiat and the value is high, that's why bitcoins is very helpful for minimum wagers.

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November 13, 2017, 02:51:28 PM
 #2018

for me all those who come to this forum are dealing in bitcoins and many merchants out there are also a part of bitcoin community, but we don't make a great percentage of world population.

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November 14, 2017, 08:21:03 AM
 #2019

Cash for old school gangsters, Bitcoins for Future businessmen
Bitcoin is safe and it is the best time to safe and it is easy to use I know how the bitcoin is increasing more and more I can see the future of the bitcoin is now better than the cash and the gold, now all the things are able to pay with the bitcoin and we are aware of the high price and the value are giving the high profit to the people for the bitcoin in this era as now I can see the bitcoin price go more and more high.

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November 14, 2017, 08:29:42 AM
 #2020

I can not make daily purchases using crypto currency. So sometimes I use cash. While the infrastructure for using crypto currency was not built, it is more convenient to use cash

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