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Author Topic: Why Cash is better than Bitcoin.  (Read 99285 times)
FlightyPouch
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June 14, 2017, 02:19:03 PM
 #641

Cash is better than bitcoin because cash have physical shape nor bitcoin. Cash is acceptable all over the world but not bitcoin. Alots of reasons which told us that cash is better than bitcoin
"Because cash have physical shape nor bitcoin?". Are you kidding me? Bitcoin has no physical shape, it is not tangible, it can't be touched. Cash is really better than bitcoin, there is a lot of things that you can do with cash than bitcoin, we al know that.

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June 14, 2017, 02:22:54 PM
 #642

Both cash and bitcoin have advantages and disadvantages. Cash is faster and you can use it on more places but you are depending on banks. I think it's easier to get to bitcoin than to cash and that is one of the bitcoin's advantages. But cash is still more reliable than bitcoin.

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June 14, 2017, 10:08:53 PM
 #643

Both cash and bitcoin have advantages and disadvantages. Cash is faster and you can use it on more places but you are depending on banks. I think it's easier to get to bitcoin than to cash and that is one of the bitcoin's advantages. But cash is still more reliable than bitcoin.

For me cash isn't better but rather cash has an advantage over Bitcoin just like Bitcoin has over Altcoins. Cash is the premier currency and has withstood the test of time for a very long time something we are yet to see from Bitcoin so it makes people feel at ease to what they are used to and it's easier to trust what you've known than what you're getting to know so in all it's rather people's perception that makes cash better than Bitcoin but not in reality.
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June 14, 2017, 10:48:46 PM
 #644

Why not have both with Crypto Cash and Stable coins that give you the best of both.

https://blog.everex.io/what-is-cryptocash-and-how-it-will-make-global-commerce-easy-62ab7ec3e11e


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June 15, 2017, 06:46:46 AM
 #645

 
Because of acceptance and availability..
Cash is acceptable and available at everywhere to use and transaction, Bitcoin has some limitations regarding use and transaction, it is still based on internet so every person can't be able to use it. Whereas cash is all the way using and accepting. So cash is still batter than Bitcoin.
I feel that the issue with cash is that it’s kind of hard to make online. If there was a system that gets built based on the whole Blockchain of Bitcoin then the people in the world will focus on trying to implement electronic currency and people will begin to use it online more.

 
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June 15, 2017, 07:09:54 AM
 #646

I think Cash is better because we can use it anywhere and we can buy anywhere and anytime we want, because bitcoin cannot use anywhere it can only be use whose accepting bitcoin, but bitcoin can be converted into fiat so I think we can also use it in other things when we already converted it.
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June 15, 2017, 07:30:04 AM
 #647

I think Cash is better because we can use it anywhere and we can buy anywhere and anytime we want, because bitcoin cannot use anywhere it can only be use whose accepting bitcoin, but bitcoin can be converted into fiat so I think we can also use it in other things when we already converted it.

As of now cash is still up and good for usage if you are in  a country where people are not aware of crypto currency or bitcoin itself. You don't have choice but to keep on using cash for transactions that you need to do so like buying of things that you need or shopping at supermarkets.



 

 

 

 

 

 


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June 15, 2017, 07:44:20 AM
 #648

Cash is better than bitcoin because cash have physical shape nor bitcoin. Cash is acceptable all over the world but not bitcoin. Alots of reasons which told us that cash is better than bitcoin

Then why are you here if cash is better than bitcoin, lol. Are you being sarcastic here when you have said it, how come that fiat is better than bitcoin having a fixed price compare to the volatile price of bitcoin which is so expensive right now. I didn't know why did you say it but think of it again, bitcoin is way more better than this fiat.
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June 15, 2017, 07:46:51 AM
 #649

Because cash is probably the fastest, and satisfying transaction. It looks clear like a transaction, and cash is also easier. But, if bitcoin is developed into cash, I think bitcoin will get better.

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June 15, 2017, 07:53:07 AM
 #650

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
Because of the grown of technology, which will lead to a situation that online payment will rules the world, Bitcoin is just the first way to let that happens so that Bitcoin WILL be better than cash, for sure Smiley
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June 15, 2017, 07:54:55 AM
 #651

Because cash is probably the fastest, and satisfying transaction. It looks clear like a transaction, and cash is also easier. But, if bitcoin is developed into cash, I think bitcoin will get better.
I agree with you in this one. Lets simply put a simple Fiat Currency better in terms of physical transactions. Giving cash to a cashier simply has no transaction time compared to what Bitcoin is giving to us. What I also mean about that is Credit cards/ Debit cards are funded by the use of Cash meaning it is still counted as Cash. Obviously in terms of transactions Both cards are faster in terms of transaction and confirmation time. The only thing that Bitcoin is better than Fiat currency is the value of it is growing over time.

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June 15, 2017, 07:58:36 AM
 #652

So well did money play a role in our lives that we depend on money so much, we are in the time of Internet, we need an Internet's money to use on it so that we can't just irgnore Bitcoin's benefits
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June 15, 2017, 08:03:26 AM
 #653

This comparison are advantages aren't absolutely correct,
* Work offline 100%
and doesn't work online at all, Even CC and banks aren't cash

* No fees.
You still feel pay the fees, for buying from a supermarket, you pay taxes

* Accepted for Food Shopping & Micropayments
Non-online ones
* 0 confermations time
Indeed, but not usable online? and credit cards aren't "cash"

* 0 exchange risks
no, there is risk of counter-fitting

* anyone is able to understanding of the value of payment

BTC isn't rocket science, everyone can understand the basics needed to use it in quarter an hour.
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June 15, 2017, 08:12:26 AM
 #654

This comparison are advantages aren't absolutely correct,
* Work offline 100%
and doesn't work online at all, Even CC and banks aren't cash

* No fees.
You still feel pay the fees, for buying from a supermarket, you pay taxes

* Accepted for Food Shopping & Micropayments
Non-online ones
* 0 confermations time
Indeed, but not usable online? and credit cards aren't "cash"

* 0 exchange risks
no, there is risk of counter-fitting

* anyone is able to understanding of the value of payment

BTC isn't rocket science, everyone can understand the basics needed to use it in quarter an hour.
Yes I agree with you friend, bitcoin is really better than cash because we only can only can use fiat in specific country, if we want to buy something we have to change it with local money.

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June 15, 2017, 08:27:39 AM
 #655

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.
Completely agree with you on this point, still there are many countries where modern inventions​ haven't reached yet, so their population still doesn't have any idea about Bitcoin. Not only that but also Bitcoin is still newcomer in the monetary world so Bitcoin hasn't been much acceptable and credible, Bitcoin is not much available at everywhere. So from my point of view that cash is still better than Bitcoin...
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June 15, 2017, 11:10:54 AM
 #656

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.
Completely agree with you on this point, still there are many countries where modern inventions​ haven't reached yet, so their population still doesn't have any idea about Bitcoin. Not only that but also Bitcoin is still newcomer in the monetary world so Bitcoin hasn't been much acceptable and credible, Bitcoin is not much available at everywhere. So from my point of view that cash is still better than Bitcoin...
but i think such counties may not be in big numbers, because i know so many people belonging to poorer and backward countries who have the facilities of computer and internet, they are also using smart phones, so i think the majority of the the people from different countries can use bitcoin.
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June 15, 2017, 11:53:56 AM
 #657

Well the fact that even in the past people are already used to using cash instead of modern way of paying goods. Now, in comparison of cash to bitcoin,it has slightly difference. One of which is the normal way of spending your cash in the stores. If you bring only small amount in buying goods that's better than bitcoin. On the other hand, bitcoin has it's better way as well. In spending bitcoin for big tradings, it is necessary because you don't need to bring your cash and count to the said amount for you to pay. So both have good functions in spending on its better ways.
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June 15, 2017, 12:02:58 PM
 #658

Cash is better than bitcoin by simply because the bitcoin is need a requirements for bitcoin became able to use but the cash didn't need any requirements to use it that is the biggest advantage of fiat however the bitcoin advantage is that it is online and you can send money from everywhere.

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June 15, 2017, 12:07:58 PM
 #659

Well the fact that even in the past people are already used to using cash instead of modern way of paying goods. Now, in comparison of cash to bitcoin,it has slightly difference. One of which is the normal way of spending your cash in the stores. If you bring only small amount in buying goods that's better than bitcoin. On the other hand, bitcoin has it's better way as well. In spending bitcoin for big tradings, it is necessary because you don't need to bring your cash and count to the said amount for you to pay. So both have good functions in spending on its better ways.
every one has their own deision but tome i think bitcoin is more better for me because now i can use it anywhere in the world have same value, but cash is best only in current time because it can be use in local shops, where still we can not use bitcoin, but in future we can expect to use bitcoin even in local shops also.
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June 15, 2017, 12:30:17 PM
 #660

This comparison are advantages aren't absolutely correct,
* Work offline 100%
and doesn't work online at all, Even CC and banks aren't cash

* No fees.
You still feel pay the fees, for buying from a supermarket, you pay taxes

* Accepted for Food Shopping & Micropayments
Non-online ones
* 0 confermations time
Indeed, but not usable online? and credit cards aren't "cash"

* 0 exchange risks
no, there is risk of counter-fitting

* anyone is able to understanding of the value of payment

BTC isn't rocket science, everyone can understand the basics needed to use it in quarter an hour.
For now it seems that cash is still needed. Many factors as you explain in many factors and the cash sector still dominate over bitcoin or other digital currencies. I think bitcoin need more sophisticated so it can be equivalent to cash

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