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Author Topic: Why Cash is better than Bitcoin.  (Read 99285 times)
Casabrandy
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July 23, 2017, 01:23:56 AM
 #1021

For now it is more dominant cash because ATM or bank is everywhere. But if later bitcoin already exist bank and its ATM, maybe people just open handphone and scan barcode to do transaction hahaha  Cheesy Grin Cheesy Grin

In the future, bitcoin doesn't even need atm anymore because all can be controlled via smartphone, bitcoin atm in my country didn't get a good response because android makes everything easy, cash money for the future is virtual, not currently so popular because the world economic system still prioritize fiat, many offline shopping also not using bitcoin.

And there is no guarantee that an internet connection will always be available so cash will always be a necessity until this problem is solved. Maybe via trusted physical bitcoins where the private key is hidden and they are hard to fake.
i do not think that there is ever possibality that internet will stop working, i think internet is now one of the most essential part of our life therefore it will continue working for ever.
In our present, Many countries have internet connection, except few countries maybe situated in south africa, So, I think internet is not problem at all when we talk about bitcoin, everyone can had access to the internet, using his smartphone or maybe PC. I think people like cash more than bitcoin because they like to pay cash or maybe they don't want to use internet in the street or maybe they not be confortable to do that.
Since there is no enough facilities and access of btc paying in department stores or any stores ,cash will still be in need. But when there ia a broader access on it especially on buying the things we need that could be a time that us btc user to regard cash .

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July 23, 2017, 01:39:51 AM
 #1022

For now it is more dominant cash because ATM or bank is everywhere. But if later bitcoin already exist bank and its ATM, maybe people just open handphone and scan barcode to do transaction hahaha  Cheesy Grin Cheesy Grin

In the future, bitcoin doesn't even need atm anymore because all can be controlled via smartphone, bitcoin atm in my country didn't get a good response because android makes everything easy, cash money for the future is virtual, not currently so popular because the world economic system still prioritize fiat, many offline shopping also not using bitcoin.

And there is no guarantee that an internet connection will always be available so cash will always be a necessity until this problem is solved. Maybe via trusted physical bitcoins where the private key is hidden and they are hard to fake.
i do not think that there is ever possibality that internet will stop working, i think internet is now one of the most essential part of our life therefore it will continue working for ever.
In our present, Many countries have internet connection, except few countries maybe situated in south africa, So, I think internet is not problem at all when we talk about bitcoin, everyone can had access to the internet, using his smartphone or maybe PC. I think people like cash more than bitcoin because they like to pay cash or maybe they don't want to use internet in the street or maybe they not be confortable to do that.
Since there is no enough facilities and access of btc paying in department stores or any stores ,cash will still be in need. But when there ia a broader access on it especially on buying the things we need that could be a time that us btc user to regard cash .

Agree but once it would be accepted in all store it would really accessible but now it is only few accepting bitcoin as payment so you dont need to convert it into fiat but mostly now we cant find that store like in our place no once is accepting bitcoin so i just convert it into cash so that i could use it. Soon there would be a ton of store accepting bitcoin



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July 23, 2017, 02:51:03 AM
 #1023

Cash has survived the test of time. Bitcoin is a little spec on a huge scale. Don't get me wrong, I believe the reward is high for bitcoin but the risk may be even higher.
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July 23, 2017, 03:13:38 AM
 #1024

Cash has survived the test of time. Bitcoin is a little spec on a huge scale. Don't get me wrong, I believe the reward is high for bitcoin but the risk may be even higher.
Without risking anything we may not get either anything. If we don't want development or innovation,we can't get anything. So better be smart on risking our money. Having bitcoin for savings can be a good deal when done wth research.

reda
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July 23, 2017, 07:45:49 AM
 #1025

Cash has survived the test of time. Bitcoin is a little spec on a huge scale. Don't get me wrong, I believe the reward is high for bitcoin but the risk may be even higher.
Without risking anything we may not get either anything. If we don't want development or innovation,we can't get anything. So better be smart on risking our money. Having bitcoin for savings can be a good deal when done wth research.

I thing this means that supply is limited and noone can just print more mony. the ussr there was a day when the government decided to divide the value of it is officially. currency. Bitcoin is the similar service is use full to transferring of money. Bitcoin is the future currency. it a safe Mony.
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July 24, 2017, 03:39:21 PM
 #1026

cash is risk.because we lose cash sometimes.but bitcoin wallet name is coinbase.it is save.
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July 24, 2017, 03:41:33 PM
 #1027

cash is risk.because we lose cash sometimes.but bitcoin wallet name is coinbase.it is save.

That's a terrible argument I'm pretty sure there are much more bitcoin that gets lost than cash, and coinbase is not he only place to store bitcoin anyway, nor do I think it's even the most popular.
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July 24, 2017, 03:46:17 PM
 #1028

Cash it is most liquid thing. Cash have accepted everywhere, but it depend of the currency of cash - Usd Dollar of Euro there are most liquied, but some exotic currencies can be accepted only inside home countries.
Eternu
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July 25, 2017, 04:10:38 PM
 #1029

Cash has survived the test of time. Bitcoin is a little spec on a huge scale. Don't get me wrong, I believe the reward is high for bitcoin but the risk may be even higher.
Without risking anything we may not get either anything. If we don't want development or innovation,we can't get anything. So better be smart on risking our money. Having bitcoin for savings can be a good deal when done wth research.

I thing this means that supply is limited and noone can just print more mony. the ussr there was a day when the government decided to divide the value of it is officially. currency. Bitcoin is the similar service is use full to transferring of money. Bitcoin is the future currency. it a safe Mony.
I would not say that bitcoin is safe money, there are still ways that some one can lose dealing with bitcoins. I can say that i agree with you that bitcoin or some kind of cryptocurrency is future. But for now i think that cash has proven to be better than bitcoin, that is for now. There are still some things that needed to be finished before we start using bitcoin for day to day life. Till that day come, cash will still be better.
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July 25, 2017, 04:38:11 PM
 #1030

Cash it is most liquid thing. Cash have accepted everywhere, but it depend of the currency of cash - Usd Dollar of Euro there are most liquied, but some exotic currencies can be accepted only inside home countries.

Liquidity of fiat is one disadvantage of fiat money. for me bitcoin was the better than the paper money. First paper money was controlled by banks or even government. Bitcoin is decentralized and it is one of the major advantage of bitcoin to paper money.

J Gambler
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July 25, 2017, 04:53:53 PM
 #1031

Cash it is most liquid thing. Cash have accepted everywhere, but it depend of the currency of cash - Usd Dollar of Euro there are most liquied, but some exotic currencies can be accepted only inside home countries.
Yes cash is a physical thing. We need to accept the fact that bitcoin is not as easy to get or withdraw. We cannot see it instantly. But we more like the bitcoin over it. Because of its price and because we can earn it without knowing of the government. But both sides are good ano problem with that.

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July 27, 2017, 12:32:51 PM
 #1032

Cash it is most liquid thing. Cash have accepted everywhere, but it depend of the currency of cash - Usd Dollar of Euro there are most liquied, but some exotic currencies can be accepted only inside home countries.
Yes cash is a physical thing. We need to accept the fact that bitcoin is not as easy to get or withdraw. We cannot see it instantly. But we more like the bitcoin over it. Because of its price and because we can earn it without knowing of the government. But both sides are good ano problem with that.
That's the point, maybe Fiat has more flexibility when it comes to usage like paying bills, buying items online etc. Fiat is that useful because it has already been used for centuries now and most of the items and bills are gonna be paid only by this.

Bitcoin is still new and still has long way to go, to get to that point where it will also be flexible enough to be used in different platforms and whatnot.

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July 27, 2017, 01:34:47 PM
 #1033

To generalize it, Cash (In types of currencies, Credit Cards, ATM and Etc.) are accepted worldwide. Cash can be easily transfer from one account to another (Legally and Illegally). Second, Cash are easy to access unlike bitcoins that you need to at least look for store or outlets who accept it as a payment. Third, Not all people do know something about cryptocurrencies. I'm not saying bitcoin is useless but hence it is not advisable to use as of the moment (Practically as this currency is still on the process of becoming a real and accepted currency), though the potential of bitcoin to be accepted worldwide is really probable.

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July 27, 2017, 01:50:47 PM
 #1034

Cash it is most liquid thing. Cash have accepted everywhere, but it depend of the currency of cash - Usd Dollar of Euro there are most liquied, but some exotic currencies can be accepted only inside home countries.
Yes cash is a physical thing. We need to accept the fact that bitcoin is not as easy to get or withdraw. We cannot see it instantly. But we more like the bitcoin over it. Because of its price and because we can earn it without knowing of the government. But both sides are good ano problem with that.


It is true that it is very much different between cash and bitcoin
Cash can be withdrawn in various banks and ATM machines, bitcoin any ATM machine is still very rare existence, so bitcoin is very hemp only in the exchanger only, because the value is high so bitcoin is not shaped because this is a digital currency
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July 27, 2017, 03:01:49 PM
 #1035

cash is risk.because we lose cash sometimes.but bitcoin wallet name is coinbase.it is save.

That's a terrible argument I'm pretty sure there are much more bitcoin that gets lost than cash, and coinbase is not he only place to store bitcoin anyway, nor do I think it's even the most popular.
I don’t find any reason of comparing bitcoins with cash. Both have their own features and values. Even if we assume that more bitcoins are lost than cash, then we must also take in consideration that people are enjoying more profit with bitcoins than they had ever with cash. So, my vote is always with bitcoins.
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July 27, 2017, 03:38:44 PM
 #1036

Cash i better then Bitcoins because in my leaving society  when i need money emergency  then i do not broken bitcoin at that time but any emergency i will used Cash money that is why cash is better then bitcoins.
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July 27, 2017, 03:44:18 PM
 #1037

cash is risk.because we lose cash sometimes.but bitcoin wallet name is coinbase.it is save.

That's a terrible argument I'm pretty sure there are much more bitcoin that gets lost than cash, and coinbase is not he only place to store bitcoin anyway, nor do I think it's even the most popular.
I don’t find any reason of comparing bitcoins with cash. Both have their own features and values. Even if we assume that more bitcoins are lost than cash, then we must also take in consideration that people are enjoying more profit with bitcoins than they had ever with cash. So, my vote is always with bitcoins.

Yup, no point in comparing the two of them, atleast for the time being. Bitcoin is still finding its ways around the global economy and cant substitute cash fully yet (although it might in the future). And cash doesn't have bitcoins growth potential, quite the contrary - the years go by and cash is worth less and less, inflation will never cease to exist while the 'big guys' control everything
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July 27, 2017, 05:05:34 PM
 #1038

It’s not a question of what’s better. In my position, it’s more of a question of convenience. When you’re living in the city in the mountains in a third world country, sometimes technology hasn’t evolved past dinosaur age, thus making use of bitcoin in daily life a bit complicated. I use and earn bitcoin of course but until the world get on with the program and make bitcoin global, cash will still be prominently and frequently used.
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July 27, 2017, 05:13:19 PM
 #1039

It’s not a question of what’s better. In my position, it’s more of a question of convenience. When you’re living in the city in the mountains in a third world country, sometimes technology hasn’t evolved past dinosaur age, thus making use of bitcoin in daily life a bit complicated. I use and earn bitcoin of course but until the world get on with the program and make bitcoin global, cash will still be prominently and frequently used.

Some people don't know this, those who have lived in the city since their birth wont understand it.
They are forcing that it should be necessary that bitcoin should be the global currency.
Didn't even look if there is still parts of the world which cannot be reached by technology or if there is, it will be a long ride to get there.
This places needs upgrades before we could say that we are really at a new world where even the transactions should be changed from fiat.

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Rosabel
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July 27, 2017, 05:53:50 PM
 #1040

BTC By cash we buy all the goods and other things whatever we need it.but the btc is accept only few merchant and companies.Today's situation is we bought electronics items with the exchange of btc
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