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Author Topic: Why Cash is better than Bitcoin.  (Read 99283 times)
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May 18, 2017, 04:53:39 AM
 #361

They are both better because both are useful the bitcoin is for online and the cash for offline. To those no internet they used cash but we are have internet and know about bitcoin we used it both. So both are so better.

No, they are both good because if we are going to say that both are better, one should be at good stage and one should be at better stage. I'm into getting used with both of it as they are helping me a lot when it comes to finances and I'm loving the way of using bitcoin for online transactions and cash for real transactions.
Actually at the current time both of them are at use and both of them have their benefits and in some places one is not available and in other places the other do not work according to our wish that is why we are using both of them and for some cash is better and for others bitcoin is better but a time is coming when bitcoin will be more popular and all of the people of the world will use only bitcoin and bitcoin will be better for them.
The only one that cannot be used at other places is bitcoin because most of the time it is the only one that is giving other countries notice of ban. We all know that all countries are into fiat so others are saying that fiat is better than bitcoin. Well its always better to do both.



 

 

 

 

 

 


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May 18, 2017, 06:25:51 AM
 #362

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 with you around half the things you mentioned but disagree with the other half.

Works offline 100% - Yes, definitely. If internet goes down btc cannot be used.
No fees - Not really for global payments, even with extremely high transaction fees on the bitcoin network, it is still easier and cheaper to use bitcoin to transfer large amounts of money across the globe compared to using a bank transfer.
Accepted for food - Yeah, this is an area bitcoin needs to improve on.
0 confirmation time - Big problem for bitcoin i think is that conf times are so damn long it's impossible to get anything irl with it.
0 exchange rate: Nope, fiat currencies can swing wildly in value as well. Look at the Russian Rouble Wink
anyone can understand the value of payment - I don't think anyone is dumb enough to not figure out the value of btc using a simple search tool called google Wink
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May 18, 2017, 08:53:10 AM
 #363

it is still easier and cheaper to use bitcoin to transfer large amounts of money across the globe compared to using a bank transfer.
...
0 exchange rate: Nope, fiat currencies can swing wildly in value as well. Look at the Russian Rouble Wink

https://bitcointalk.org/index.php?topic=1906665.msg19052647#msg19052647

Large amount is about over $20000, right?
$/BTC in this week have about $90 volatility, You risk to lose about $1000 if You will use BTC as fund transfer system for $20.000 and $5000 for every $100.000.

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May 18, 2017, 09:03:51 AM
 #364

They are both better because both are useful the bitcoin is for online and the cash for offline. To those no internet they used cash but we are have internet and know about bitcoin we used it both. So both are so better.

No, they are both good because if we are going to say that both are better, one should be at good stage and one should be at better stage. I'm into getting used with both of it as they are helping me a lot when it comes to finances and I'm loving the way of using bitcoin for online transactions and cash for real transactions.
Actually at the current time both of them are at use and both of them have their benefits and in some places one is not available and in other places the other do not work according to our wish that is why we are using both of them and for some cash is better and for others bitcoin is better but a time is coming when bitcoin will be more popular and all of the people of the world will use only bitcoin and bitcoin will be better for them.
The only one that cannot be used at other places is bitcoin because most of the time it is the only one that is giving other countries notice of ban. We all know that all countries are into fiat so others are saying that fiat is better than bitcoin. Well its always better to do both.
I agree with you nothing beats by having both of fiat and bitcoin so it is like not wasting any kind of opportunity that we can encounter especially in bitcoin that there is a lot of ways to earn money easily like trading and also we can do trading in fiat by putting money in stock market so that is how getting those two is the best idea.
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May 18, 2017, 09:11:19 AM
 #365

a lot of ways to earn money easily like trading and also we can do trading in fiat by putting money in stock market so that is how getting those two is the best idea.


You stay in cash?

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May 18, 2017, 09:26:38 AM
 #366

We have to realize that the user does bitcoin over 3% of the world population, even in many countries is not known, I think bitcoin cash better than bitcoin as the number of users of cash more than the bitcoin.

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May 18, 2017, 09:31:32 AM
 #367

they are both good because they are both useful to pay stuff. but still cash is more known by people and it can be used worldwide not unlike bitcoin you can only use it online, that's why cash is better than bitcoin. and another thing what if bitcoin dies, what will happen to the bitcoins that you store ?  unlike cash even you lose connection in the internet you can still use it to pay.

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May 18, 2017, 10:04:30 AM
 #368

Chash is better than Btc because cash is real world mony not virtual mony.And Bitcoin is virtual mony.Cash aallow every place.But Bitcoin not allow every place.

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May 18, 2017, 10:41:39 AM
 #369

We have to realize that the user does bitcoin over 3% of the world population, even in many countries is not known, I think bitcoin cash better than bitcoin as the number of users of cash more than the bitcoin.
I'm a little difficult to understand about the relationship. I think bitcoin users are still a little bit of it because many people still do not understand about digital currency and prefer to use cash
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May 18, 2017, 10:45:32 AM
 #370

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
Here is why cash is not much better than Bitcoin
-everyone nowadays has internet
-fees are small as dust when everything is regular with Bitcoin (when it is not attacked)
-is accepted on some markets and micropayments
-confirmation times are also short when everything is regular
- Bitcoin can not be stolen like cash can

Bitcoin also has some pros cash does not

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May 18, 2017, 11:12:37 AM
 #371

- Bitcoin can not be stolen like cash can

https://en.wikipedia.org/wiki/Bitfinex_hack

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May 18, 2017, 12:36:54 PM
 #372

Because people are more comfortable with using cash, but you can't have a million dollar today and just by holding it after 2 months it grows to $1.5M or after 2 years grows to $5M. bitcoin can do that.
Most importantly bitcoin is a totally blind currency unlike cash and their related companies and payment processors and banking system which will force the most powerful country's laws down your throat.

Once you receive bitcoin no one will ever be able to touch them other than yourself unlike cash.
Besides bitcoin is the same as cash but in a digital form and not accepted every where so you'll need to exchange it to local currency first unlike cash/ fiat you'll have to find an exchange to physically interact while with bitcoin all you need is internet.
Bitcoin or cash doesn't matter because it will still hurt when they jump you
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May 18, 2017, 01:27:10 PM
 #373

but you can't have a million dollar today and just by holding it after 2 months it grows to $1.5M or after 2 years grows to $5M. bitcoin can do that



Explain please, how it work.

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May 18, 2017, 02:47:21 PM
 #374

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

there are characteristics of money/cash that bitcoin dont have yet. cash is accepted everywhere. and its more convenient to use cash/credit cards. well hopefully BTC will become popular more.
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May 18, 2017, 02:53:26 PM
 #375

For practicality now cash is the best choice. But now we will always talk about the future. In the future cash will be hard to find, because technological advances then all things will be digital. Including bitcoin.
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May 18, 2017, 02:56:00 PM
 #376

Chash is better than Btc because cash is real world mony not virtual mony.And Bitcoin is virtual mony.Cash aallow every place.But Bitcoin not allow every place.

Both are good, cash is good and as well as bitcoin we just need to know on what we prefer to use so that we can have enough time to choose what is the best currency that we really wanted to use. But for me, I'll always go for cash because there is no shopping center or physical store that is allowing me to pay bitcoin for my purchases.

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May 18, 2017, 03:29:02 PM
 #377

For practicality now cash is the best choice. But now we will always talk about the future. In the future cash will be hard to find, because technological advances then all things will be digital. Including bitcoin.
I agree that. Cash is used by many people and it has existed on the earth for many years. That is why it is more important and useful than Bitcoin at this time. In the future, I can bet that cryptocurrency will be the new revolution of the money system. And it is definitely that bitcoin is the leader
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May 18, 2017, 03:33:09 PM
 #378

Yes, hard cash always rocks. Still bitcoin has many applications like sending money to a long distance (the people who's in abroad) with lesser amount of fees. And sometime, the government will watch if we use hard cash. But in bitcoin, no need to worry about that!
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May 18, 2017, 04:42:03 PM
 #379

Cash is only better than bitcoin if you will talk about the usage for daily basis because we can really tell that cash is the best because bitcoin is not that well establish to compete against bitcoin and cash is more capable than bitcoin on a daily basis.

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May 18, 2017, 04:46:35 PM
 #380

like sending money to a long distance (the people who's in abroad) with lesser amount of fees

https://bitcointalk.org/index.php?topic=1906665.msg19076390#msg19076390

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