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Author Topic: Why Cash is better than Bitcoin.  (Read 99287 times)
Dhimas Kanjeng
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June 21, 2017, 09:03:42 AM
 #781

Because cash is more practical, the transaction cash feels more practical because all outlets accept cash, here's one hand lack bitcoin because cannot be used directly as cash.

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June 21, 2017, 09:07:04 AM
 #782

It all depends and is all relative. If you are residing in a war torn country and a country that is going through economic crisis, the currency of that country gets constantly devalued and the poor people just get poorer and poorer. Cash is not always KING.


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June 21, 2017, 09:09:20 AM
 #783

Regardless of the point of discussion, there are point which are NOT correct at all, for example, regarding fraud, Credit Cards fraud is something beyond belief, if you ever worked in a company accepting CC online you would know how much there is and there is no practical and easy way to avoid it (without annoying you customers), This fraud is even bigger than in BTC AND there is no confirmations, even if we do everything, the transaction can still get reversed after weeks.
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June 21, 2017, 10:14:24 AM
 #784

The good feeling about cash compared to bitcoin is you can hold it physically and  store it in your vault or physical wallet and the value will not change  or fluctuate immediately due to government economy controlled. Comparing it to bitcoin cash is better for keeping in a physical form only but still a stagnant of it's value and not a growing currency like bitcoin. Holding or saving bitcoin can be profitable if price will increase in value but so unpredictable of price fluctuations which sometimes caused panic sellings to doubtfull investors.
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June 21, 2017, 10:17:38 AM
 #785

Yeah clearly it is because cash doesnt require a specific time to get confirm unlike bitcoins whos taking hours before getting confirmed and when you need the money in it you cant get it instant unlike real cash
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June 21, 2017, 10:18:34 AM
 #786

Cash isn' USD or other currencies, Cash means cold hard money given hand-to-hand and is better used specifically for that, regular money include banks, atm's and other methods, Cash is hardly usable for anything other than physical shop/store payments, otherwise you can only put cash in the envelope and mail it.
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June 21, 2017, 10:57:15 AM
 #787

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
more of people using local money because local money is you can buy anywhere if you like, but bitcoin is not legalized for other shop to make a easy payment method not like money bitcoin is not acceptable for other shop and store but not all. So local money is better for bitcoin right now.

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June 21, 2017, 01:02:09 PM
 #788

Cash can be used anytime and anywhere you go. You wont need internet or go online for you to use cash. But still bitcoin cannot be compared to cash because it has different features.
totllay agree with you cash can use anywhere and can paid any time where you go. if a penitent pay for hospital he can easily use  cash its in emergency situation cash not only pay in hospital but any where forexmple  shops markets etc if we say about bitcoin we cannot pay it on the time of payment because bitcoin need internet bitcoin have all  transaction online.

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June 21, 2017, 01:13:37 PM
 #789

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

Even there’s many more shops accept Bitcoin, they are still factions. But there’s some more actually perhaps Bitcoin can do.There are very few countries having capital control. There’s limitations on the amount of money you move in or out the countries. Some people who want to move money out of the countries buy bitcoins. They buy bitcoin, transfer it to foreign countries and exchange back to currencies.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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June 21, 2017, 01:14:06 PM
 #790

It is because of the popularity. Cash is demand that bitcoin and compare to the user of bitcoin it is too small. As of now more stores accepts fiat, especially in small business. Cash is there in many years and most people earn the cash like poor people.



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June 21, 2017, 01:32:11 PM
 #791

Any currency has its quality characteristics and so far only cash is suitable for all of them :c

so yas, Cash is better than BTC.
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June 21, 2017, 01:39:06 PM
 #792

As of now and in terms of small every-once-in-a-while transactions, cash is definitely better than bitcoin. You are right, no transaction fees are needed. That is a big deal for me. Small transactions here in my country involve cash. Even large establishments do not yet accept bitcoin as payment. But I hope that one day they will open up for bitcoin transactions.

Other countries and some other companies are now recognizing bitcoin. But they are too few for now. So, cash is much more convenient to use for now.
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June 21, 2017, 01:47:51 PM
 #793

Any currency has its quality characteristics and so far only cash is suitable for all of them :c

so yas, Cash is better than BTC.

Bitcoin is convertable into cash so bitcoin is best for me. In my country I can convert my bitcoin into cash and this bitcoin give profit to my cash if I invest it in bitcoin. So in this side the bitcoin is better than cash in my own side.
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June 21, 2017, 02:26:57 PM
 #794

What do you think?Bitcoin can be bought whenever you want?No, it can not be.But cash Money can be bought by whatever you like.So,Cash money is better than Bitcoin.
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June 21, 2017, 03:02:54 PM
 #795

In my country I can convert my bitcoin into cash

WOW, You walk in the office, give the code of BTC450, they give to You back cash and saying "Thank You for using our Service"?

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June 21, 2017, 03:30:40 PM
 #796

Because people are used to feel money, in paper form, I mean.
And when they don't feel and don't see money, they think money doesn't exist.
BUT, with developing of crypto currency more and more people are begin to believe in this kind of money. Slowly, but surely.
"Cash is better than Bitcoin" is a thought of people, who don't look into the future.

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June 21, 2017, 03:36:03 PM
 #797

There are many countries that don't accept bitcoin for technological or economical reasons, so bitcoin won't be the first payment choice there. Fiat is the only way for the bigger part of the world. It doesn't mean that cash is better, they're just not ready for bitcoin yet.
yes because it depends on the government of the country. As of now most government are against bitcoin because of it some issue. also the uses of cash is very different from bitcoin so many conclude like me that its better than bitcoin.

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June 21, 2017, 03:39:11 PM
 #798

Bitcoin use for online transaction and the price is continue to increase so you can make profit if you have bitcoin.
Cash is for offline transaction and if you have cash the value is still that and the price will not increase.
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June 21, 2017, 04:01:50 PM
 #799

who don't look into the future.

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June 21, 2017, 04:27:45 PM
 #800

Bitcoin use for online transaction and the price is continue to increase so you can make profit if you have bitcoin.
Cash is for offline transaction and if you have cash the value is still that and the price will not increase.
Thats why people wants cssh over bitcoin. We can hold the cash literally, we can see it physically if we want too. Even we dont have an internet connection we may able to see it and spend it. People are most likely to see things in their eyes not only in their wallets online they want to see it face to face that thing is needed by many newbies and many people that doesnt want bitcoins.
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