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Author Topic: Why Cash is better than Bitcoin.  (Read 99285 times)
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July 17, 2017, 08:46:17 AM
 #941

I think some would prefer cash over bitcoin especially in countries who are not accepting bitcoin now is because it is more accessible in buying things they need daily. I think that's the main reason why mostly they would go for cash than online currency.

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July 17, 2017, 08:49:53 AM
 #942

I think so cash is better then BTc because we cannot use BTc in shopes to buy anything but we can use cash , we cannot buy anything from stores with BTc so I think cash better then btc
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July 17, 2017, 09:06:29 AM
 #943

In my opinion both have a positive and negative impact, therefore depending on the user or the savings on yourself, cash is relatively good from bitcoin,
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July 17, 2017, 09:31:24 AM
 #944

In my opinion both have a positive and negative impact, therefore depending on the user or the savings on yourself, cash is relatively good from bitcoin,

They have advantage and disadvantage but when it comes to the transactions nowadays, bitcoin is being preferred and chosen by those people who are living in a place that has technology. Because everything can be done accordingly to what they want by just simply paying smaller fees.



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July 17, 2017, 09:47:41 AM
 #945

For normal currency, it’s easy to answer, you use whatever the merchants accept. If you buy things from stores and it accept.Bitcoin is one of the very good choices here as it’s digital currency. You can store your bitcoin even on a piece of paper or use physical wallet. Some rich people who would like to hide some part of their wealth from bank/security accounts.Bitcoin permit them to pay others easier than bank transfer and credit cards for transactions.
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July 17, 2017, 09:56:11 AM
 #946

Cash is better then bitcoins because when i need money emergency any work then i use that time cash money  but emergency time do not use bictoins so that cash is better then bitcoins.
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July 17, 2017, 10:08:05 AM
 #947

For normal currency, it’s easy to answer, you use whatever the merchants accept. If you buy things from stores and it accept.Bitcoin is one of the very good choices here as it’s digital currency. You can store your bitcoin even on a piece of paper or use physical wallet. Some rich people who would like to hide some part of their wealth from bank/security accounts.Bitcoin permit them to pay others easier than bank transfer and credit cards for transactions.
Yes fiat currency has a wider acceptance than digital currency and that's why fiat most of the people prefer to keep fiat for day to day needs and expenses other than that I don't agree that cash is better than bitcoin. Once bitcoin acquires as much acceptance as fiat people will prefer bitcoin over cash.

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July 17, 2017, 10:12:43 AM
 #948

Both have some positive and negative impact on using or saving to you. Cash is relatively better than Bitcoin Because of availability and acceptability at everywhere. But in terms of security cash is not better than Bitcoin. Not only that but also in terms of profit Bitcoin always better than Cash. So both can be a great source of money in specific field.
Okay cash is instant and is accepted pretty much everywhere but you cannot send it everywhere (for a relatively low fee)  or use it in every country. Adding up to that, money can be printed upon demand, bitcoin can't.
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July 17, 2017, 10:21:06 AM
 #949

Both have some positive and negative impact on using or saving to you. Cash is relatively better than Bitcoin Because of availability and acceptability at everywhere. But in terms of security cash is not better than Bitcoin. Not only that but also in terms of profit Bitcoin always better than Cash. So both can be a great source of money in specific field.
Okay cash is instant and is accepted pretty much everywhere but you cannot send it everywhere (for a relatively low fee)  or use it in every country. Adding up to that, money can be printed upon demand, bitcoin can't.

It is convenient to use cash only within the borders of your country. If you leave the country, it will be very inconvenient for you. Still cash is good for small payments. Bitcoin is now more used for large purchases and investing

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July 17, 2017, 10:38:49 AM
 #950

Of course cash is still better than bitcoin or any other digital currency around. Bitcoin is only good right now as an investment as its function as a currency has lagged way behind due to the limited number od merchants accepting it, while cash is pretty much accepted everywhere. Now, this may be the case presently but our grandkids might be talking about it differently 30 or 50 years from now.
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July 17, 2017, 11:30:39 AM
 #951

Of course cash is still better than bitcoin or any other digital currency around. Bitcoin is only good right now as an investment as its function as a currency has lagged way behind due to the limited number od merchants accepting it, while cash is pretty much accepted everywhere. Now, this may be the case presently but our grandkids might be talking about it differently 30 or 50 years from now.
Throughout the years cash is leading for it is our main way to pay bills or whatever you purchase using it. For some reason,bitcoin has also played a significance in our industry or in the market. Though it is a transparent money yet it has given many opportunities to people who want to have an extra income or somewhat investment. Cash is definitely better than bitcoin but without cash bitcoin won't exist and maybe soon, it will have a big name in our society.
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July 17, 2017, 11:57:28 AM
 #952

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

This is agreeable.

I tend to be in the camp of not comparing bitcoin to cash.

For me (i'm quite the oddball mind you) Bitcoin is more of a transmission system 'for' value.

Literally it allows for all types of value to be moved from point a to b - we have only just scratched the surface of this with currency/money.

Soon your actual reputation as a person may become tokenised within a reputation based digital asset that could for instance provide you access to cheaper prices when hiring a rental car for example, or act as a social ranking system or proof of credibility system. This is another form of value transmission that is possible today, due to the blockchain.

Putting bitcoin up against cash, and then deciding which one is superior is like saying that both these things are somewhat equal and therefore comparable. I don'f feel that this is true. The bitcoin protocol can do things that a £5 polymer bank note just cannot.

Comparing bitcoin with cash, is like comparing a horse or a mule with a high speed rail system, or an aeroplane..




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July 17, 2017, 12:21:54 PM
 #953

Cash is better as of now than bitcoin because cash is widely accepted and we can do transactions with it offline and also if we do individual money transfer, it is not that huge problem because the transaction is almost the same with bitcoin with just a higher fee. Cash is also fixed on its value so we don't need to worry about getting a loss in the value of our fiat.

It is better to transact using cash rather than bitcoin because the exchange of bitcoin to other currency has no fixed value. Even bitcoin is good source for investment, we can not tell how long it will exist.

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July 17, 2017, 12:33:56 PM
 #954

We purchase all thinks by cash but btc is not to useful to purchase all kind of products.
Yeah you are right in cash we can buy everything very easily because everyone has accept cash just we buy things in store and the sellers are accept our cash very easily. And in bitcoin, when we buy things we face many difficulties because all the shopkeepers are not know about the bitcoin. But in future I hope bitcoin will accept any store and we buy everything in local store very easily.
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July 17, 2017, 12:34:32 PM
 #955

Bitcoin is like cash you don't need to go through a bank or credit card network in order to transfer it to another person.It's better than cash because you can do this over the internet.It's way better than all other monetary instruments because it is programmable money: you can basically treat bitcoins as symbols to represent anything (like titles to property, for example), and have the distributed peer-to-peer blockchain mechanism enforce title transfers in a provable.
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July 17, 2017, 12:58:06 PM
 #956

Of course cash is still better than bitcoin or any other digital currency around. Bitcoin is only good right now as an investment as its function as a currency has lagged way behind due to the limited number od merchants accepting it, while cash is pretty much accepted everywhere. Now, this may be the case presently but our grandkids might be talking about it differently 30 or 50 years from now.
Throughout the years cash is leading for it is our main way to pay bills or whatever you purchase using it. For some reason,bitcoin has also played a significance in our industry or in the market. Though it is a transparent money yet it has given many opportunities to people who want to have an extra income or somewhat investment. Cash is definitely better than bitcoin but without cash bitcoin won't exist and maybe soon, it will have a big name in our society.
I do agree without cash there is no bitcoin . It will take generation to accept only crypto currency as a acceptable mode of all payments and purchases current generation not yet ready for this crypto currency currently we see this as another way of income .
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July 17, 2017, 01:00:44 PM
 #957

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 that though I am using bitcoins because money is more secured than using bitcoins. Like today bitcoins value is not that stable it's starting to fall consecutively and my money start to fall to. And so I immediately exchange some of them into a real cash because maybe the bitcoin might crash because of the August 1 event. But lets all hope that it doesn't happen. Bitcoin and cash are both currency and helpful for me.
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July 17, 2017, 02:08:41 PM
 #958

Of course cash is still better than bitcoin or any other digital currency around. Bitcoin is only good right now as an investment as its function as a currency has lagged way behind due to the limited number od merchants accepting it, while cash is pretty much accepted everywhere. Now, this may be the case presently but our grandkids might be talking about it differently 30 or 50 years from now.
Throughout the years cash is leading for it is our main way to pay bills or whatever you purchase using it. For some reason,bitcoin has also played a significance in our industry or in the market. Though it is a transparent money yet it has given many opportunities to people who want to have an extra income or somewhat investment. Cash is definitely better than bitcoin but without cash bitcoin won't exist and maybe soon, it will have a big name in our society.
Yes, cash has existed long time ago, it is used throughout the years in all countries by people around the world. Bitcoin has just been used nowadays, it has just been famous. absolutely cash is better than Bitcoin. I don't say Bitcoin is bad but it still have some disadvantage. Anyway, Bitcoin will soon become strong and be used worldwide.



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July 17, 2017, 02:19:44 PM
 #959

I think three reasons may be focused in this case. 1. acceptability 2. credibility and 3. availability... these three factors make them whether superior or inferior.
but cash is only accepted in a selected area. for example a cash can only be use within a state, while usng t in another country you need to change your cash into into local currency where you want to use it. while bitcoin is a universal currency and it can be use anywhere in the world without changing it into local currency.
Also Bitcoin will not for micro transactions, to buy something thats worth a few cents, no. Bitcoin is specialised, and can be better than cash in terms of security, and you can expect its price to continue to rise
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July 17, 2017, 02:31:23 PM
 #960

Cash is better as of now than bitcoin because cash is widely accepted and we can do transactions with it offline and also if we do individual money transfer, it is not that huge problem because the transaction is almost the same with bitcoin with just a higher fee. Cash is also fixed on its value so we don't need to worry about getting a loss in the value of our fiat.
Well, I think cash is better than bitcoin in terms uses because in cash you can use it in online store and even in offline store. In addition to that, you can also use the cash in bank even in mall. However, the value of bitcoin is better than cash and every time has passed the price of bitcoin is growing and I think bitcoin will our future money.

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&OTHER
COINS
Partner of             
BITFINEX
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