yoseph
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August 30, 2017, 11:21:48 PM |
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To me cash is not better than bitcoins in the investment scenario example when I have a dollar it doesn't become two dollar or it doesn't increase in value in weeks time but with bitcoins you can double your money whenever the value rises the same can't be said about cash.
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jb77889
Newbie
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August 30, 2017, 11:22:16 PM |
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People still prefer cash, debit and credit cards, atms, banks and checks is because this is where they are most comfortable with. Money is something personal and sensitive to us, we treat it as a baby, since we really work hard for it and so we want to put it somewhere safe and somewhere we know won't get stolen. People still prefer these kinds of avenue for money because they feel secure, with bitcoin on the other hand, it is something new and still needs to build that certain level of trust.
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Valzzz005
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August 30, 2017, 11:32:45 PM |
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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 almost tell it all, those are all the advantages cash have. And one thing also, cash cannot be hacked bt hackers if you will just store your money in a vault or something like that. But bitcoins is much better in the sense that their value rises from time to time. And that makes them a great investment, that is why many of people are choosing then over money even if they have a lot of disadvantages. Still they can make you rich in a small amount of time.
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helga22richter
Member
Offline
Activity: 112
Merit: 11
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August 30, 2017, 11:35:12 PM |
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I don't think that I can use BTC in ordinary shop, but I hope that we'll be able to do it soon. It'll be very convenient!
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nor9854
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August 30, 2017, 11:47:41 PM |
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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 are right.Cash is better in these situations or if payment is to be made in person but for online payments,I would prefer bitcoin as it is unversal.You can send btc to litrally any person on earth anywhere as long as there is internet availability
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DoublerHunter
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August 30, 2017, 11:57:25 PM |
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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 are right.Cash is better in these situations or if payment is to be made in person but for online payments,I would prefer bitcoin as it is unversal.You can send btc to litrally any person on earth anywhere as long as there is internet availability That will become the key for bitcoin to take over the payment systems in the future because it can be done virtually or through internet and that is the future of our world, technology. In the future, internet will play a big role in our world and the payments will be gone through internet so bitcoin will be one of the popular currency in that time.
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Ingoats
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August 31, 2017, 12:04:41 AM |
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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 are right, there are many differences in bitcoin and fiat money but they have the both good factors for the users. You have a point that Cash is work offline and it is usually used by people in their daily lives. Yes, Bitcoin is new and start its career in online world, but I will asure you that Bitcoin is a good money too.
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MrEthics69
Newbie
Offline
Activity: 41
Merit: 0
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August 31, 2017, 02:38:05 PM |
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Yes Bitcoin is better than cash because it's price increase day by day and also secure than cash.
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Minionnn
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August 31, 2017, 02:57:36 PM |
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I think I can not say better than btc or vice versa. Each one has its own strengths. The fact that people use credit cards, ATMs, or banks regularly because they have become so popular and accepted everywhere.
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Lalafell
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August 31, 2017, 03:02:37 PM |
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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
Actually, the main reason why cash is better in bitcoin is you ca use it in all offline and online store. In addition to that, I agree that you can also use it to buy some food in market and every people always use cash when they want to buy some thing in market. Lastly, I believe that bitcoin will become our future money.
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cinchin
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August 31, 2017, 03:08:16 PM |
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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 are right.Cash is better in these situations or if payment is to be made in person but for online payments,I would prefer bitcoin as it is unversal.You can send btc to litrally any person on earth anywhere as long as there is internet availability That will become the key for bitcoin to take over the payment systems in the future because it can be done virtually or through internet and that is the future of our world, technology. In the future, internet will play a big role in our world and the payments will be gone through internet so bitcoin will be one of the popular currency in that time. - Yeah, Bitcoin is still in development stage and many people still do not know about bitcoin, so I really think if Bitcoin is accepted and more popular around the world, the amount of cash will drop and people will use bitcoin. - In the future, society and technology will gradually develop, digital currency is the future of technology, cash may be better bitcoin now because the large number of users and popular but in the future bitcoin will replace the cash
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bs9
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August 31, 2017, 03:13:50 PM |
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I think cash is better than bitcoin or any online wallet.If you have cash you can buy or anything do easily.But other online wallet like as atm, bank, it is so difficult for any transaction and some time its problem so much..
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iMaster
Member
Offline
Activity: 135
Merit: 14
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August 31, 2017, 03:16:49 PM |
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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 are right.Cash is better in these situations or if payment is to be made in person but for online payments,I would prefer bitcoin as it is unversal.You can send btc to litrally any person on earth anywhere as long as there is internet availability That will become the key for bitcoin to take over the payment systems in the future because it can be done virtually or through internet and that is the future of our world, technology. In the future, internet will play a big role in our world and the payments will be gone through internet so bitcoin will be one of the popular currency in that time. - Yeah, Bitcoin is still in development stage and many people still do not know about bitcoin, so I really think if Bitcoin is accepted and more popular around the world, the amount of cash will drop and people will use bitcoin. - In the future, society and technology will gradually develop, digital currency is the future of technology, cash may be better bitcoin now because the large number of users and popular but in the future bitcoin will replace the cash Bitcoin is very complex in understanding for people. People of middle age, many even a computer do not know, do not know how to install a simple program. Bitcoin will never replace a credit card or cash, because they are more convenient to use.
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hurain
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September 02, 2017, 09:07:26 PM |
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Yes Bitcoin is better than cash because it's price increase day by day and also secure than cash.
Yes I agree 100 percent. Bitcoin is far better than cash of paper money, and the main reason is that its value is growing day by day. As we know that in just a few years its value increased more than 5 times. In 2009 its value was just a few hundred dollars and today its value is more than 4400 US dollars. One can easily be rich by investing in bitcoin instead of paper money in his pocket or account. I feel bitcoin is far better than cash
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Brigalabdis
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September 03, 2017, 06:26:26 AM |
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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
they are same useful but bitcoin have an advantage than cash like you can use it by effortless of sending money.
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Pakboy
Full Member
Offline
Activity: 195
Merit: 100
"Proof-of-Asset Protocol"
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September 03, 2017, 06:36:28 AM |
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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
Many people are still prefer to use cash than bitcoins because they are comfortable to use cash than bitcoins. I think that the digital currency cannnot surpass the fiat currency.
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Igebotz
Staff
Legendary
Offline
Activity: 1498
Merit: 1784
The Naija & Stake Sherrif 📛
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September 03, 2017, 06:46:24 AM |
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actually its the same bitcoin increase his value or decrease money is stable bitcoin is in your hard drive or wallet site buy money is in your pocket. for me bitcoin is much better then money in your pocket because bitcoin can increase my total investment to 30% or 50% of profit the this advantage of bitcoin its like a ATM you need to withdraw but money its already in your hand
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Chikitita2004
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September 03, 2017, 07:03:25 AM |
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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
Maybe cash is useful to those places who dont recognize bitcoin yet. But let us not forget that cash is taxable, you store your cash in banks and banks charges and taxes will suck your money. But nevertheless cash is still the currency your government support and is accepted everywhere.
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valentin68
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September 03, 2017, 07:10:26 AM |
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Cash is something tangible, it is something that you have , it is an object that can replace other object (this is the money definition). Bitcoin is something that does not exist physically, bitcoin can be stolen more easier than cash. 0.1% of the entire world population know what bitcoin is, everyone on this world know what money is. This is why bitcoin is not very good.
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Sithara007
Legendary
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Activity: 3332
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
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September 03, 2017, 07:11:39 AM |
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Many people are still prefer to use cash than bitcoins because they are comfortable to use cash than bitcoins. I think that the digital currency cannnot surpass the fiat currency.
I don't think that a majority of the people now prefer physical cash. Most of my friends and relatives prefer credit cards and mobile wallets (such as PayTM and Mobikwik) for making payments. A few years back, that was not the case. Most of these people were using physical cash then. Times have changed. Physical cash is losing its relevance.
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