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Author Topic: Why Cash is better than Bitcoin.  (Read 99292 times)
longml
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September 04, 2017, 05:12:04 PM
 #1341

The fact is that even in the past people were used to using cash instead of modern payment methods. Now, compared to cash to bitcoin, it's a bit different. One of them is the usual way to spend your cash in stores
onpages
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September 04, 2017, 05:15:12 PM
 #1342

Because cash used by many people around the world.  Even elderly people use cash to transact and at best just using creditcard, difficult to use bitcoin because no merchant has received bitcoin more than cash.
DaftAjax
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September 05, 2017, 02:56:30 PM
 #1343

* One of the advantages cash has over bitcoin is its value never gets affected by speculations or regulations.
* Value of cash is much stable than the value of bitcoin.
* You do not need the internet to use cash unlike bitcoins.
*True, the value of cash is better than Bitcoin at some point (talk about centralized currency). Well it get affected we just don't see that much of the details on what's changing.
*As I've said, its obvious because its centralized. Having a currency centralized is mainly the primary objective of the economist. They don't want people to use a currency that is not stable now do we (that's why you need to be keen and knowledgeable about the alteration of values that partakes in Bitcoin).
*True you don't need internet for this, if you're only making simple transactions. You see what if you're having a deal with someone who's very far away though you're using the same currency then what do you need is internet. Besides combining currency and internet is the making of cryptocurrencies remember? And that is revolutionary, making the technology the best out of it.

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Colt81
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September 05, 2017, 07:21:39 PM
 #1344

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, there are lot of factor why cash is better than bitcoin. In addition to that, you can use cash either in online or in offline store. It is widely used in all country and is the world currency. It is acceptable in all kind of transaction. Lastly, I think bitcoin and cash has own advantages and disadvantages.
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September 05, 2017, 08:41:50 PM
 #1345

Cash funds can very easily use anyplace at any time exactly where i need to have to use, But Bitcoin only use in on-line. also it just take time for transfer also consider time transaction finishing. So why funds is better than bitcoin to me.
Eugenar
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September 05, 2017, 09:08:35 PM
 #1346

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 the things listed are true. Maybe people still choose fiat or regular currency over Bitcoin because it is less risky that its market value is stable which is unlike Bitcoin that is volatile or its market value changes from time to time. Also it has physical value unlike Btc. Lastly, it can be used to most of the countries unlike Btc wherein there are still countries where it is not yet legal.
poisonivy77
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September 06, 2017, 02:12:11 AM
 #1347

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

bitcoin is not really advantageous compare to cash. cash is somehow prone to theft but it can be use without internet access easy to use and accepted to all kind of transactions, it is centralized and everything is based on cash. while on the other hand bitcoin is done in an online way and there is no assurance how long will it last.


josephpogi
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September 06, 2017, 02:52:50 AM
 #1348

Cash is better today, because bitcoin is not accepted everywhere, but it definitely will be changed.
Nice me too cash is better than bitcoin becuase you can use this anywhere any store or any markets . but for me bitcoin is also better and good becuase in this you can earn and save a lot of bitcoin and you can convert to real money.
Harlot
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September 06, 2017, 03:02:59 AM
 #1349

Cash is better today, because bitcoin is not accepted everywhere, but it definitely will be changed.
Nice me too cash is better than bitcoin becuase you can use this anywhere any store or any markets . but for me bitcoin is also better and good becuase in this you can earn and save a lot of bitcoin and you can convert to real money.
Well you can say that Fiat currency is really undefeated in terms of acceptance because they are the legal tender of a country and they are the most liquid asset, but Fiat currency does not win all of the rounds or categories because in terms of growth potential Bitcoin is the clear winner as it is not stable like Fiat Currency and as you can see it has jump from under 1000$ to 4700$+ which a regular fiat currency not even the U.S. dollar can beat.
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September 06, 2017, 05:35:36 AM
 #1350

As of these days cash is far better than bitcoin, but not sure in the foreseeable future. Money is better basically because its recognized purchase all men and women all around this planet and bitcoin is not, and its much more practical to use funds than bitcoin. but im pretty a lot confident that bitcoin have a brighter long term. ideally it will follow the footsteps of money in phrases of liquidity.
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September 06, 2017, 07:13:23 AM
 #1351

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 that reason is true why people use their cash money. Bitcoin is for only online shopping buying something while you are at home or somewhere but in buying something in the different  department store you need a cash money or else credit card,Atm, and we are sure that all department store accept our money if we are using cash.

In other side of those things that you are mention above bitcoin is best way of payment but there is a limitation beside, its usually use in online payment because there only a particular person and establishment that bitcoin is accepted.

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September 06, 2017, 07:39:49 PM
 #1352

I think relying on the need, when we are in the present day town then bitcoin greater because numerous are recognized, even though in a international place then money is greater since every person accepts funds.
valov88
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September 06, 2017, 08:06:57 PM
 #1353

This is one of the stupidest things I've heard in a long time. Why is this topic even on this forum...

bluEbluRE
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September 06, 2017, 09:07:55 PM
 #1354

* 0 exchange risks
* anyone is able to understanding of the value of payment

No, there is counterfeit risk
No, try using USD in europe.
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September 06, 2017, 09:40:09 PM
 #1355

* 0 exchange risks
* anyone is able to understanding of the value of payment

No, there is counterfeit risk
No, try using USD in europe.

Exchange risk is when someone send to You BTC and You lose the funds due to exchange price.



No problems in Europe to pay with USD MasterCard.

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angaper
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September 06, 2017, 10:23:49 PM
 #1356

Both options have their advantages and disadvantages, but at this point in time, when the altcoin market is still at an early stage and still has a long way to go to achieve a sustainable maturity, there is no doubt that cash is more efficient to meet economic needs of any individual or organization. Anyone in this world can easily survive in any country using only cash, but could hardly live comfortably using bitcoin directly, without having to exchange it for fiat.

In terms of theoretical idealism, bitcoin is undoubtedly superior to cash, but when we land these ideals to the hard real life, we realize that the predominant economic system turns completely around cash.
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September 06, 2017, 10:29:25 PM
 #1357

For me cash isn't better than Bitcoin I prefere using my coins. Since I have Bitcoin debit card I can pay with my coins for whatever I want wherever I want without limit and for me this is better than cash. The only disadvantage is that on that way I live traces like with every other card payment what is not the case when using cash.

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September 07, 2017, 02:30:08 AM
 #1358

This might be a bit off-topic, but I just realized how cool it will be to walk around without any cash and be able to pay for everything with your phone. You would never need to carry a big wallet with bills and coins inside, only your phone and a small card carrier like for your license, etc.
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September 07, 2017, 03:09:50 AM
 #1359

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
Cash is better than bitcoin. Because cash can use in daily needs,transportation  like if you buy to store if you give bitcoin in that store or market , they will not accept it because now few only know the bitcoin thats why cash is better than bitcoin for now.

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September 07, 2017, 03:20:24 AM
 #1360

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 has some basis really. For now, at least, the hassles are all in Bitcoin transactions. I mean, I refer to confirmation time and transaction fees. Cash means instant transactions. No need to wait for confirmation time. No need to pay additional payments. Perhaps some tips are enough. But even this is not required. And in offline places, cash works best.

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