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Author Topic: Why Cash is better than Bitcoin.  (Read 99287 times)
Halcyon Days
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September 16, 2017, 07:12:08 PM
 #1461

Currently the BTC price is too volatile to replace real world money. However, is is good that many comapnies start implementing BTC payment options. I wonder, when BTC is ready for everyday usage.

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September 16, 2017, 07:20:24 PM
 #1462

From my point of view as a user, bitcoin is similar to cash in the internet world. bitcoin can be used anywhere to be able to sell / buy transactions or spend the cash they want.  Cool
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September 16, 2017, 07:50:50 PM
 #1463

like Venezuela!

Show me, how BTC is used there for food shopping, seems it exist not.

I never suggested such a thing. The thread is about cash. I was speaking about cash in my comments regarding Venezuela.

Yes. Bang on. The VEF lost 60% of its value in 4 years and in some cases today the USD is worth up to 3000 for Bolivars. I don't think the average Venezuelan cares about fees, when they're worried about their savings. But maybe were creating another argument out of the first point. Haha.
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September 17, 2017, 01:04:35 AM
 #1464

Income is better than bitcoin simply because it has a bodily attribute, you know you have your money if you can contact it. It is the most accepted in most shops. You can use it offline. Doesnt require internet relationship. And you can defend it simply because you can conceal it oneself.
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September 17, 2017, 09:05:44 AM
 #1465

when they're worried about their savings. But maybe were creating another argument out of the first point. Haha.



You offer to make "savings" in BTC?

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September 17, 2017, 09:53:15 AM
 #1466

I don't think cash is better because it has many problems which come with hardcash
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September 17, 2017, 09:58:42 AM
 #1467

Country where Bitcoin is used as fiat currency and you can do anything you want then Bitcoin will be used by all of them till then cash is better. As in my country their is no one who does business for Bitcoin so i have to convert to fiat currency and use bitcoin.
Because cash is the most useful currency of all people for they daily needs.. If we analyze bitcoin is not totally known by all people, especially in local community. That's why most of the people used cash because for they this is the most easies currency to used than bitcoin
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September 17, 2017, 10:11:58 AM
 #1468

well it is obvious since cash and most of the regular currencies used by each countries are well established compared to bitcoins. Almost every culture and systems are built through these resources.  Smiley

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September 17, 2017, 05:31:43 PM
 #1469

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 all the points you say are true
Indeed cash has some advantages in appeal with bitcoin, but money also has its drawbacks. for example if we travel to several countries, if we use bitcoin we will be given easiness in exchange.
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September 17, 2017, 05:56:47 PM
 #1470

Cash does not rely always on technology for an exchange to take place, bitcoins does. Volatility is the greatest enemy of bitcoins
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September 17, 2017, 06:00:54 PM
 #1471

Many argument can be have on this one but to me it is all opinion. Maybe some people like and others they do not but to me this does not mean someone is correct or is wrong.

Cash good sometime and bitcoin better sometime but i think there is not one better for us
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September 17, 2017, 07:46:36 PM
 #1472

Many argument can be have on this one but to me it is all opinion. Maybe some people like and others they do not but to me this does not mean someone is correct or is wrong.

Cash good sometime and bitcoin better sometime but i think there is not one better for us

Exactly, it depends on the usage and the situation in which you find yourself, I think they are best if they are interchangeably used on particular situations where any of them will better serve us. For instance I will prefer using Bitcoin to send funds online to friends and family and pay low fees , whereas I will prefer to use my fat to buy say a tin of milk or a loaf of bread.
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September 17, 2017, 08:35:34 PM
 #1473

Cash does not rely always on technology for an exchange to take place, bitcoins does. Volatility is the greatest enemy of bitcoins
but dont you think that bitcoin is also a type of cash? when we say cash, it is a material or a thing that we used to purchased a certain thing. if we do transaction through internet we are paying other people to get what we bought to them, right? if bitcoin is not considered as cash then why they accept your payment for that thing.
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September 17, 2017, 08:45:44 PM
 #1474

Not all people are aware of the existence of Bitcoin. Some people could be aware but only by reading it through news and hearing it with people using Bitcoins. Cash is better than Bitcoin because every establishment are open to cash basis exchange over service and products. Bitcoins could be a better alternative in the future but it should be properly introduced into society better.

It's a statement of position.
For now we are depending on cash, hands down. Cryptocurrencies still have issues ( ICO ban and Bitcoin ban in China are the examples on that ). Some expensive miners fee, some traffic when the blocks are getting crowded. 2017 is one of the greatest development age of cryptocurrencies and we are pushing it through from the silk road to the international courts. Big changes arrives and the inflation and deflation of prices are a little scary but people are becoming aware and some governments are seeing the potential of blockchain. Wrong information and vision about these currencies needs to be corrected and some people that use these currencies needs to be corrected if it is being used in a bad way.
The introduction is still not finish and be there to someone if you think that he is feeding out wrong info about this technology. It will have a good impact if this is implemented and laid out in a good manner and intention.

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September 17, 2017, 08:48:09 PM
 #1475

The bitcoin is (for me) currently the best means of payment on the internet, you can not find more transparent than that (even if it is anonymous).

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GorillaDental
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September 17, 2017, 08:56:21 PM
 #1476

Paying with btc will be just like paying with a debit card...
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September 18, 2017, 04:41:06 AM
 #1477

Bitcoin's volatility is so high that it can not be implemented in everyday life, for example I have a house worth about $ 500,000, about 130 Bitcoin, which can hurt when I sell it with Bitcoin.

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September 18, 2017, 05:31:03 AM
 #1478

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September 18, 2017, 05:50:57 AM
 #1479

Cash is better in terms of physical usage, for your everyday needs. Bitcoin is better for investments, online transactions and many more. These are two different currencies with different importance and use.
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September 18, 2017, 05:58:32 AM
 #1480

Bitcoin is better for online transactions

Make please some math of trasferring $ 200 000.



You go to buy BTC at 4400 and sell at 3300

Explain, where is the advantage.

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