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Author Topic: Why Cash is better than Bitcoin.  (Read 99287 times)
DaftAjax
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August 07, 2017, 10:52:07 PM
 #1201

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
Well as you see you can use casg to buy things that you want anytime and anywhere unlike bitcoin you can only use it to buy things if you convert it into a real money or cash. But in some places you can use bitcoin to buy things  in online and i hope bitcoin can be legalize in our country so i can use my bitcoins to buy things.
Yeah I hope so too. It will be so much easier if we can use Bitcoin as a form of Bitcoin. I mean there's no need for you to convert it to fiat, since it is now legalized (I hope), you can use it directly to any part of the country. And as for convenience and security, its will most likely that they will soon adapt the digital currency instead of Fiats.

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Questat
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August 07, 2017, 11:09:51 PM
 #1202

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
Well as you see you can use casg to buy things that you want anytime and anywhere unlike bitcoin you can only use it to buy things if you convert it into a real money or cash. But in some places you can use bitcoin to buy things  in online and i hope bitcoin can be legalize in our country so i can use my bitcoins to buy things.
Yeah I hope so too. It will be so much easier if we can use Bitcoin as a form of Bitcoin. I mean there's no need for you to convert it to fiat, since it is now legalized (I hope), you can use it directly to any part of the country. And as for convenience and security, its will most likely that they will soon adapt the digital currency instead of Fiats.
There are things that can be bought with bitcoin but most of the things like the basic one will not accept bitcoin, we still need cash
or paper money in order to buy our needs in life but having both could be a great help to us, we have convenience for online shopping as well.

bncbnc
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August 07, 2017, 11:20:01 PM
Last edit: August 09, 2017, 02:01:42 AM by bncbnc
 #1203

Anonymity used to be one of the advantages with Bitcoin. But some of the recent events (such as one in Denmark where the cops arrested a drug seller after tracking his BTC transactions) have proved that Bitcoin is not 100% anonymous.
Maybe bitcoins are not  hundred percent anonymous but it is not that east to trace the bitcoins transactions anonymity has been the major factor in making bitcoins famous worldwide and if bitcoins are facing some problem in this regard, the team should fix it up as soon as possible.
i think the only reason can be that bitcoin is still not so much popular and all the facilities of bitcoin are not there, i think that it will take a lot of time when all the people of the world start using bitcoin, therefore people fit id more comfortable to use cash instead of bitcoin. but in future we can expect to use bitcoin as cash.

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DaftAjax
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August 08, 2017, 12:13:50 AM
 #1204

In countries like Venezuela Bitcoin is better than cash if you want to go to a restaurant, you will need a lot of cash to pay, and there's a cool fact, the max withdrawal via ATM it's less than 1$

Dude, provide please a video, how someone is selling food in this mode in Venezuela.

Some people got arrested for accepting Bitcoins.

Shows exactly that BTC is extremely powerfull, BTC is free from governance, politics and greed.
Well maybe in their country Bitcoin was already banned and still attempted to accept Bitcoin, and for that they got arrested.

True, Bitcoin really is powerful since it was made to be use freely, to have freedom on its usage.

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voltesbit777
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August 08, 2017, 12:32:52 AM
 #1205

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 cash can be use in any places we go, whether online or offline that's what I thought.
compare to Bitcoin it can be use only for online payment. Though they're both popular but cash is more well known than
bitcoin all around the world.
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August 08, 2017, 03:00:19 AM
 #1206

* Work offline 100%

Commit some Bitcoin to these and you can trade them offline:

https://gitlab.com/salfter/btcnotes

* You can scan the address any time to validate the value within. 
* Don't accept if the private key is visible.
* To spend it offline, just pass it along without opening up the private key.  It handles like cash.
* To spend it online, reveal the private key and sweep it into your wallet.

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August 08, 2017, 03:06:47 AM
 #1207

Anonymity used to be one of the advantages with Bitcoin. But some of the recent events (such as one in Denmark where the cops arrested a drug seller after tracking his BTC transactions) have proved that Bitcoin is not 100% anonymous.
Maybe bitcoins are not  hundred percent anonymous but it is not that east to trace the bitcoins transactions anonymity has been the major factor in making bitcoins famous worldwide and if bitcoins are facing some problem in this regard, the team should fix it up as soon as possible.
i think the only reason can be that bitcoin is still not so much popular and all the facilites of bitcoin are still nt there.
That might be one reason, because we're quiet low in number compared to the fiat user community as well bitcoin haven't got bigger acceptance from market. This is one among the best year for bitcoin as more and more online stores as well markets regulating the use of bitcoin as one among the accepted payment helping it to grow further.

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August 08, 2017, 04:39:48 AM
 #1208

Cash is good to use than bitcoin, but to make money easier with bitcoin and work harder. Inside we can use bitcoin to invest for the future, and can be used for shopping online do not have to go mall, because already delivered our goods.
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August 08, 2017, 07:27:40 AM
 #1209

Cash is good to use than bitcoin, but to make money easier with bitcoin and work harder. Inside we can use bitcoin to invest for the future, and can be used for shopping online do not have to go mall, because already delivered our goods.


Cash is still the best direct physical transaction, bitcoin has not been able to beat it in this case, but cash cannot act as a passive investment because its value movements are so slow and we are much more consumptive If using it, these two currencies have the same value, but cash is still the best for now.
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August 08, 2017, 01:51:19 PM
 #1210

Cash is liquid. You can pay for almost anything with cash. It is also much more stable and widely accepted.
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August 08, 2017, 02:03:34 PM
 #1211

Of course the recognition of cash more than bitcoin but it is only temporary. Cash is useful only for those who do not travel outside of their state. Bitcoin allows you to get any currency. Not all people have understood what bitcoin is, but still ahead. The era of bitcoin is just beginning, and the era of cash is over.
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August 08, 2017, 02:12:27 PM
 #1212

Cash is liquid. You can pay for almost anything with cash. It is also much more stable and widely accepted.

Great! I want to buy your house with Zimbabwe dollars! Or do you prefer North Korean Won? Or would you like the most widely accepted cash on the planet, bitcoin?

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
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August 08, 2017, 02:43:03 PM
 #1213

Cash is very easy to use by everyone rather than bitcoin in digital form, but bitcoin is very easy to earn a lot of money, and can be made to invest in order to enjoy the results in the future.

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August 08, 2017, 02:47:17 PM
 #1214

Cash is good to use than bitcoin, but to make money easier with bitcoin and work harder. Inside we can use bitcoin to invest for the future, and can be used for shopping online do not have to go mall, because already delivered our goods.


Cash is still the best direct physical transaction, bitcoin has not been able to beat it in this case, but cash cannot act as a passive investment because its value movements are so slow and we are much more consumptive If using it, these two currencies have the same value, but cash is still the best for now.

Well when it comes to ideas and innovatively thinking bitcoin is alot more better than cash society. I understand why are saying that as of now cash is better than btc or any other form of transaction and that is being practical in which i cannot also blame you
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August 08, 2017, 04:51:44 PM
 #1215

Cash will always be used in small purchases or in a certain area of ​​the market, or in settlements with certain categories of citizens. Approach the grandmother in the market somewhere in the district center and ask her to pay her goods bitcoin. Here, you can fantasize about where she will send you. The Crypto currency will slowly squeeze out paper money, but not so quickly and not everywhere.

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August 08, 2017, 07:49:02 PM
 #1216

Cash is liquid. You can pay for almost anything with cash. It is also much more stable and widely accepted.

Great! I want to buy your house with Zimbabwe dollars! Or do you prefer North Korean Won? Or would you like the most widely accepted cash on the planet, bitcoin?

You can try to buy mine (after I pay the mortgage), lol.
And unfortunately for most of the EU your example is plain wrong.

Payments of over 10 000 euros are in all countries done only by bank transfer.
So no, you won't be able to pay neither with cash nor with BTC.

Also, I doubt you can buy a hut in Zimbabwe with bitcoins. And don't even try to post that African taxi with the BTC sign on it, please.

Here, you can fantasize about where she will send you.

I would have said something about this....Smiley)) , but it's not the place.
But...there are girls who accept BTC for your fantasies

.
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RodeoX
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The revolution will be monetized!


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August 08, 2017, 08:09:59 PM
 #1217

Cash is liquid. You can pay for almost anything with cash. It is also much more stable and widely accepted.

Great! I want to buy your house with Zimbabwe dollars! Or do you prefer North Korean Won? Or would you like the most widely accepted cash on the planet, bitcoin?

You can try to buy mine (after I pay the mortgage), lol.
And unfortunately for most of the EU your example is plain wrong.

Payments of over 10 000 euros are in all countries done only by bank transfer.
So no, you won't be able to pay neither with cash nor with BTC.

Also, I doubt you can buy a hut in Zimbabwe with bitcoins. And don't even try to post that African taxi with the BTC sign on it, please.

I was just being silly. However You certainly can buy a house. I am currently looking for properties over 50 acres in Wisconsin. I have and will in the future make purchases over 10,000 Euro. And I will be in Africa this winter looking for land to buy. Such things happen all the time now.
Look: http://bitcoin-realestate.com/

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
Free bitcoin in ? - Stay tuned for this years Bitcoin hunt!
Gotottack
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August 08, 2017, 08:16:52 PM
Last edit: August 08, 2017, 08:34:40 PM by Gotottack
 #1218

Cash is liquid. You can pay for almost anything with cash. It is also much more stable and widely accepted.

Great! I want to buy your house with Zimbabwe dollars! Or do you prefer North Korean Won? Or would you like the most widely accepted cash on the planet, bitcoin?

You can try to buy mine (after I pay the mortgage), lol.
And unfortunately for most of the EU your example is plain wrong.

Payments of over 10 000 euros are in all countries done only by bank transfer.
So no, you won't be able to pay neither with cash nor with BTC.

Also, I doubt you can buy a hut in Zimbabwe with bitcoins. And don't even try to post that African taxi with the BTC sign on it, please.

I was just being silly. However You certainly can buy a house. I am currently looking for properties over 50 acres in Wisconsin. I have and will in the future make purchases over 10,000 Euro. And I will be in Africa this winter looking for land to buy. Such things happen all the time now.
Look: http://bitcoin-realestate.com/

That's a thing now? People accept bitcoins for property as payment. Well, this really is looking good for bitcoins.
Everyday, there is more and more things you can buy with bitcoin. It all started with pizza and now you can buy
real estate now with bitcoins! Next thing you can live with just bitcoins in your phone!
RodeoX
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The revolution will be monetized!


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August 08, 2017, 08:24:18 PM
 #1219

.

? A tracking pixel?

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
Free bitcoin in ? - Stay tuned for this years Bitcoin hunt!
mharz
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August 08, 2017, 08:33:29 PM
 #1220

Because cash is a friendly user rather than bitcoin, also in every country paper money is more usable than bitcoin due to legalization of paper money. However, hoping someday bitcoin will become more easy to use than paper money.
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