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Author Topic: Why Cash is better than Bitcoin.  (Read 99325 times)
sam53
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August 15, 2017, 04:27:35 PM
 #1241

Because not all nation consider bitcoin as  payment. It is popular in some selected areas but it is not yet implemented all over the world. Cash is still better than bitcoin as of this time.

As time passes they will also know that Bitcoin better than cash. maybe they cash is more secure and real.
I don't think that there is a problem of being real because both bitcoin and cash is real and the only thing that they are difference is by the appearance of it, bitcoin can only get and appear only in the internet while cash can be get from offline and physical world so that is the only thing that i know which made cash better than bitcoin.
Actually in present, I can't negative the cash better than Bitcoin about use for our life in outside, because Bitcoin still not popular will most population on the world's. But I hope the day Bitcoin can use like cash can become true soon.
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August 19, 2017, 02:30:08 PM
 #1242

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

You have a point that Cash or Credit cards may use Offline or may use without using a Data or an Internet source so that it has a good factor for the consumer. But different things or objects have a different use and function so that dont compare it to one another.

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August 19, 2017, 02:33:26 PM
 #1243

I thought the whole point of bitcoin was to introduce decentralization as countries these days don't stop at creating cash without it being backed just like Venezuela.

To stop all that and get governments to be accountable, there has to be something.
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August 20, 2017, 03:43:06 AM
 #1244

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
Yeah when talking about the traditional way, cash will do the best of it. Without any internet connection we cannot access any of the cryptocurrencies and there are only few stores are accepting it so you cannot live with just using bitcoins because it is kinda hard to find a store who accept that especially on the other countries. No hackers also and other technology disadvantages.
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August 20, 2017, 04:35:13 AM
 #1245

cash is still many required everyone to do the transaction, in my country, bitcoin hasn't been able to buy something in the real-world, bitcoin must first to convert into flat money in local exchange, that's why cash is better than bitcoin.
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August 20, 2017, 04:45:40 AM
 #1246

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 you're right! For now on cash is better than bitcoin because it is much easier to use for all people but the thing is how about bitcoin will become the main currency sooner or later people are use it as common as cash they use it as easy as cash. They will learn to use it just like cash.
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August 20, 2017, 04:48:24 AM
 #1247

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
Why would compare the traditional fiat currency to bitcoin? Yes it does really have those capabilities since we are using it for how may decades or centuries as of now. Local Fiat do really work on that way but there are some things that bitcoin do have the edge like on price appreciations which we cant really see on local fiat. Price volatility its a disadvantage for some but this thing is why most liked by investors and traders since they can able to make money on it.

Kersh768
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August 20, 2017, 05:34:19 AM
 #1248

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
People are using fiat because it is legal to most of the countries unlike in Bitcoin wherein there are only few countries where Bitcoin is legal such as in Japan and North Korea. Also, Fiat has a physical value , and Bitcoin doesn't. Regular currency has more stable market value compared to the market value of Bitcoin that changes from time to time.

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August 20, 2017, 05:37:45 AM
 #1249

cash is still useful in any kind of filed in this world, everywhere you go you can use cash, bitcoin is still used in digital transactions but soon maybe it reachers public market and it can be used is any kind of transactions like credit card. no one knows but we all wish that happens.

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August 20, 2017, 05:39:07 AM
 #1250

Probably because the shape is more real, and can be used anywhere, because everyone sees, and knows about it. But, bitcoin is not. Not everyone knows using bitcoin, even for those who already know bitcoin, so many think that cash is better than bitcoin.

Warry
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August 20, 2017, 05:53:35 AM
 #1251

Probably because the shape is more real, and can be used anywhere, because everyone sees, and knows about it. But, bitcoin is not. Not everyone knows using bitcoin, even for those who already know bitcoin, so many think that cash is better than bitcoin.
Because they understand Bitcoin still not useful for payment small order like buy food or candy, etc ... This is reason the cash still better than Bitcoin about using in fact for purchase.
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August 20, 2017, 06:01:37 AM
 #1252

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
People are using fiat because it is legal to most of the countries unlike in Bitcoin wherein there are only few countries where Bitcoin is legal such as in Japan and North Korea. Also, Fiat has a physical value , and Bitcoin doesn't. Regular currency has more stable market value compared to the market value of Bitcoin that changes from time to time.
what do you mean by 'has physical value?' printed paper doesnt have value by itself, otherwise i'd be rich. fist currency only has value because 1) the government has declared that currency the legal tender of that nation / state, and 2) the people have faith in the currency and its general worth and trading power. fist currency is intrinsically valueless. if you want something with intrinsic worth, youd be looking at commodities like gold or silver. and regular currency is not by all means stable as you claim; when the brexit vote was finished and the results announced, the british pound tanked. the zimbabwe dollar is a historical testament to currency devauluation and hyperinflation; at its peak of inflation, the zimbabwe dollar was estimated to be inflated over 79 billion percent.

theres nothing here. message me if you want to put something here.
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August 20, 2017, 06:14:52 AM
 #1253

I have still confused this alternative coin. But pretty satisfied to follow up last couple of days result. Anyone of you planning to get BCC? What's the dip we can expect? As you can see it's crazy volatile. Do you believe BCH is the big thing right now?

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August 20, 2017, 06:50:09 AM
 #1254

Cash is better coz you can pay anything you want & anything you need in this worlds but in terms of investing & growing up your money I'm on BTC coz BTC will give that opportunity to us to grow & I know someday that we will become successful on this field.



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August 20, 2017, 06:58:25 AM
 #1255

I have still confused this alternative coin. But pretty satisfied to follow up last couple of days result. Anyone of you planning to get BCC? What's the dip we can expect? As you can see it's crazy volatile. Do you believe BCH is the big thing right now?
Having some bitcoin cash from the split is a good coin to preserve for long term because it can go up even higher just like what happened in bitcoin. If you don't have any bitcoin cash then you can get it from the most of the exchange but if you are going for a real investment and if you are planning to put a big amount of money then i suggest that just invest in bitcoin and not any other coin.
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August 20, 2017, 07:06:10 AM
Last edit: August 20, 2017, 01:12:28 PM by nrvasquez
 #1256

Yes. It is true. You can say that. But does cash guarantee transparency and privacy security as provided by blockchain? I do not think so. That's why many now want bitcoin. Many countries have not yet legalized bitcoin, but many of their people are using it, and then if that happens, I think the government will soon grant permission if the government is able to see the profits it will make. From then on there will be more and more people who like bitcoin.

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August 20, 2017, 06:45:50 PM
 #1257

Cash is better coz you can pay anything you want & anything you need in this worlds but in terms of investing & growing up your money I'm on BTC coz BTC will give that opportunity to us to grow & I know someday that we will become successful on this field.
now a lot of services is developed for the bitcoin. Bitcoin include direct payment from blockchain, there might be some upgrades needed in this way but it can be use to buy anything now we can buy all domestic things and the outdoor objects for ourselves through bitcoin so for me bitcoin is much more better than cash because we cannot carry too much cash at the same time but we can carry a lot of bitcoin without any risk of stealing.   

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August 20, 2017, 06:54:46 PM
 #1258

Cash is better coz you can pay anything you want & anything you need in this worlds but in terms of investing & growing up your money I'm on BTC coz BTC will give that opportunity to us to grow & I know someday that we will become successful on this field.
In terms of accessibility and ease of usage cash is the best due to the increased acceptance and the physical presence of the currency. Bitcoin is slowly gaining more acceptance and if the same continues for a longer time period bitcoin will get the same accessibility similar to the cash.
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August 20, 2017, 06:59:46 PM
 #1259

I dont think that cash is better than Bitcoin, persoanlly i believe Bitcoin is better than other currencies and fiat, but the problem cash is till now supported online and offline a lot more than Bitcoin, thats why many bitcoin's users convert their holding into cash.
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August 21, 2017, 08:11:35 PM
 #1260

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
Why would compare the traditional fiat currency to bitcoin? Yes it does really have those capabilities since we are using it for how may decades or centuries as of now. Local Fiat do really work on that way but there are some things that bitcoin do have the edge like on price appreciations which we cant really see on local fiat. Price volatility its a disadvantage for some but this thing is why most liked by investors and traders since they can able to make money on it.
Comparison between fiat and bitcoins cannot be averted for long. When a new method is introduced, people compare it with the old one in order to make decision whether to adopt new one or stick with the old ones. Fiat has its own benefits but same can be achieved through Bitcoins also. Volatility is a case for both fiat and bitcoins. I hope you know how the value of local currency is determined. Moreover, bitcoins prices tend to grow up more than decreasing.
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