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Author Topic: Why Cash is better than Bitcoin.  (Read 99285 times)
bangjoe
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July 27, 2017, 06:36:18 PM
 #1041

Cash money is still useful for purchasing goods under $100, in which case we are still accustomed to using physical money, but if in the future all businesses and markets already have computer systems such as cashiers in the modern retail market, then bitcoin move will progress smoothly. All need a process because everything is still done conventionally and affected by global regulations.

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July 27, 2017, 07:44:20 PM
 #1042

Well let's see.

1. You can use cash bills as toilet paper.

2. Cash bills only work locally so you wont accidentally spend them abroad. With cash you are reminded of this by paying large fees to turn your dollars into Euros or Yen. And they "remind" you on the way home with more fees!

3. With cash you get the special feeling of uniqueness because you cant back it up and losing it means LOSING it.

4. With cash you get to participate in the banks plan for you. God bless them for allowing us to pay them.

5. Bitcoin burdens us with the weight of having to deal with wealth. The bitcoins I bought for $.70 have gone up thousands of times, it's daunting. But with dollars we have seen a loss of about $.93 since they were introduced by the  Federal reserve. Mo money mo problems! Not with dollars though.

6. Try snorting a line of coke with bitcoin. Bills for the win!

7. With bitcoin you may become a hermit because they can be used online. Dollars get you out into the world and offer social contact while sitting in traffic or in line at the mall.

So dollar bills are better because they are more expensive to use in fewer locations, you can't own them, and they decrease in value over time.  Perfect for toilet paper.

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July 27, 2017, 08:58:01 PM
 #1043

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
Indeed. Cash is much better with those reasons because there are still countries that are not yet popular with bitcoin so they still prefer the usage of cash instead of using bitcoin in terms of payment purposes especially on business establishments. Also, it is better to use cash in an instance because it is available and can be seen on your own wallet without a need of having internet access to pay. Cash is still the most valuable thing that is accepted in many places to be use for many purposes.



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July 27, 2017, 09:59:20 PM
 #1044

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
All of this is the advantages of cash, it is better because it is easy to used and easy to understand by the consumer. Cashbor credit card are much prepare of the society cause they can use easily to buy things compare to the bitcoin. It is because bitcoin is not popular to other and they have no idea in the bitcoin market, so the result is they ignore the bitcoin and focus only in the demand currencies.



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[15.00000000 BTC]


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July 27, 2017, 10:06:10 PM
 #1045

Theses are the reason why people will choose cash instead of using bitcoin they can easily withdraw there money from the bank or into any atm machine however if the people are special thinker he would use bitcoin instead bitcoin is the only way to earn and the easiest job at all all those workers who think that they can easily earn money from there descent job. Bitcoin can be easily send through internet without any hassle and it will receive by the receiver approximately 5 minutes after the chain confirmation but both of them had the differences of advantages and disadvantages of using it.
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July 27, 2017, 10:27:23 PM
 #1046

Theses are the reason why people will choose cash instead of using bitcoin they can easily withdraw there money from the bank or into any atm machine however if the people are special thinker he would use bitcoin instead bitcoin is the only way to earn and the easiest job at all all those workers who think that they can easily earn money from there descent job. Bitcoin can be easily send through internet without any hassle and it will receive by the receiver approximately 5 minutes after the chain confirmation but both of them had the differences of advantages and disadvantages of using it.
I think that it's enough. A good reason even to use Bitcoin is the anonymity of the crypto currency and the preservation of coins from outside sight and encroachments. Thus, each user can evade the payment of taxes.

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July 27, 2017, 11:08:58 PM
 #1047

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.


This highlights a Niche in the consumer markets, what a great time to offer crypto services, when no other options ask in competition, because btc is still new.   Cash won't be king forever! It's often the obstacle in transactions for me anyway.

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July 28, 2017, 12:04:36 AM
 #1048

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.
Of course the main reason is easier to use cash for spending than using bitcoin? I think one of the reasons why users choose bitcoin is because bitcoin is beneficial to them. They will definitely convert their profit or bitcoin into cash. Because cash is easier to use for shopping
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July 28, 2017, 12:14:47 AM
 #1049

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 somehow related to the reasons why people use Bitcoin.

• You just need stable internet connection to operate
• You can operate anywhere
• Transaction and trading is easy
• Easy to understand and operate
• No fees

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July 28, 2017, 12:40:30 AM
 #1050

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 its a common currency that use every people in the world. Bitcoin is just come up around 2009 then it become competitive to other money currencies.

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July 28, 2017, 12:57:56 AM
 #1051

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 its a common currency that use every people in the world. Bitcoin is just come up around 2009 then it become competitive to other money currencies.
Yup,because it is more convenient and it does give a lot of helps to us. It's feature gives a lot of help to us to make our transactions easy and smooth unlike our in cash or banks that needs a lot of papers to have access on our money. It's much better in cash and bank. Bit we still both need the two to since we can't fully used bitcoin features.
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July 28, 2017, 01:20:35 AM
 #1052

Cash is better than bitcoin because it can be use for any kind of transaction without any limitations. So far bitcoin has been introduce to market and became a mode of payment but still not all establishment accept bitcoin and some even doesn't know about it unlike cash that is known to everyone. another is that bitcoin is paperless the idea that it is cyptocurrency make it a little difficult for a lower level of society to used it they need to learn everything before they can use bitcoin for their daily transactions.
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July 28, 2017, 02:47:19 AM
 #1053

For me cash is good in real world transaction like to buy instant goods because it is easy transaction, unlike bitcoin that need network confirmation before it will come to exchange. But I used this two cash and bitcoin in my daily routine .

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July 28, 2017, 02:54:29 AM
 #1054

For me cash is good in real world transaction like to buy instant goods because it is easy transaction, unlike bitcoin that need network confirmation before it will come to exchange. But I used this two cash and bitcoin in my daily routine .

Bitcoin and cash have different advantages, and they can only support one another, can not replace each other. It is very difficult to use bitcoin in life, but it can carry out transactions around the world at low cost and in short time, money can do the opposite.

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July 28, 2017, 06:28:06 AM
 #1055

I think the most easiest reason why people prefer cash than bitcoins is that it is more convenient to them. Especially if they wanted to buy something and would need cash it would be easier for them to get it from their pocket right away.
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July 28, 2017, 06:47:59 AM
 #1056

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
Yes these are some, and here in my country, bitcoin is not really accepted for online buying: you need to convert it first in our currency before buying or shopping. But bitcoin helps to make money and I think both are relevant nowadays because bitcoin is developing and improving.
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July 28, 2017, 06:56:00 AM
 #1057

Why Cash is better than Bitcoin the answer is because the money is better received with 2 hands and better no one knows but if many know about the sale price, the price is low or expensive.
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July 28, 2017, 08:06:28 AM
 #1058

With cash we can deal directly, we can buy a pack of cigarettes or ice cream more quickly, and of course cash no additional costs for transasksi.


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July 28, 2017, 08:35:19 AM
 #1059

like Venezuela!

Show me, how BTC is used there for food shopping, seems it exist not.
Yes, and for now several Cuntries are not yet open on the possible advantages of Bitcoin may contribute and definitely true that cash is better than bitcoin in terms of exchanging products since its too technical it might cause time.

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July 28, 2017, 08:39:52 AM
 #1060

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.

 
What you say is true there are still many countries that can not receive bitcoin, therefore bitcoin has not become the number 1 choice in the appeal of fiat that has become part of every country as official currency, and bitcoin may still need a long process to be able to Receive bitcoin as a digital currency that can receive as a means of payment in each country,
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