Why Cash is better than Bitcoin.

[raymart0720]

ehem excuse me ATM's banks and credit card have fees are you true?

just wait a little bit years and BTC will be able to change or somehow alternate  the cash you are saying

[kalawang]

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

It depends on peoplr but for me yup cash is better than bitcoin buy i know in the future bitcoin is our money but for now cash is good because if you have a cash you can use this everywhere.

[IceOleg]

I think that at the moment bitcoin is not a real currency. It's more like an investment, like stocks or bonds. All of us hope that the situation will change soon and in several years it'll become a currenct like USD or any EUR.

[Ayaancool]

we cant able to spend bitcoin in our regular life because of the huge confirmation time and transaction fees . It always depend on transaction fees which will decide the transaction time . If somebody wants to spend or accept bitcoin in regular shop, restaurant  then there should be one dedicated waiting room for transaction confirmation

[mostkey]

we cant able to spend bitcoin in our regular life because of the huge confirmation time and transaction fees . It always depend on transaction fees which will decide the transaction time . If somebody wants to spend or accept bitcoin in regular shop, restaurant  then there should be one dedicated waiting room for transaction confirmation

I think if the confirmation time will not be a big problem because iru has been reflected within 15-30 minutes, but it depends on how much transaction fee you spend, I think the transaction cost is quite comparable with the price we are using now, because this is in accordance with the amount our income increases

[Anwar22]

Yeah cash is always better than bitcoin because we need cash our emergency moment. Bitcoin is online based cryptocurrency but cash is accepted by all and it is issued by the government. So I think cash is better option.

[miguelmorales85]

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

mmmm I think you clearly do not understand how credit cards / ATM / Banks works.
How can you say they have no fees , work offline 100% and there is not exchange risk?

I bet you are making a sarcastic post about those qualities of credits cards / ATM / banks.

Nowadays credit cards use EMV which uses an ONLINE validation with your bank or validation entity to approve your transaction. Banks also takes fees, they charge you annually for the plastic card and services.

[AwpDragonPoor]

What about ATM fees and such. That's some fees. Besides, btc is mainly used for investment, not as an everyday method of payment lol.

[jackhero]

actually, 4 years ago  btc was the first electronic currency in the world ... at that time many people did not trust it because it was new and unfamiliar, people would not believe it without accurate information and not dare invest in it, but until now, some countries have accepted btc transactions and btc recognition is a money transaction like money ... i think in the near future btc will officially become Become the first electronic currency traded worldwide.when is better than in my personal opinion

[alexanderisora]

The main reason is that cash transactions are much more secure than cryptocurrency ones for the majority of people. Since Bitcoin is decentralized, there are too many scammers around. So any non-tech-savvy user is under a huge risk.

[Roffendahl]

Cash if more secure than online money because if the sites get hacked you can't do anything about it but your money is still gone.
That is why it is much better to have bitcoin as cash. You can't hack real life.

[Leesongsong]

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

In my own opinion, cash is always better than bitcoin because people needs cash than using bitcoin. And cash is always been needed eveytime that there is an emergency while bitcoin is an online based money or sometimes called a cryptocurrency. But then cash was always been accepted by all the stores nationwide and was also issued by our government that's why I also prefer that cash is better.

[Pejoh Asu]

The main reason is that cash transactions are much more secure than cryptocurrency ones for the majority of people. Since Bitcoin is decentralized, there are too many scammers around. So any non-tech-savvy user is under a huge risk.

I do not think so, cash is better than bitcoin because cash transactions do not require confirmation so that in seconds it can be accepted. we all know that bitcoin transactions require confirmation and it makes the transaction noticeably longer.

[johnarce]

Banks are cutting overdraft fees, but there are other hidden charges.

[DaftAjax]

Cash if more secure than online money because if the sites get hacked you can't do anything about it but your money is still gone.
That is why it is much better to have bitcoin as cash. You can't hack real life.

Real talk mate, I don't understand a thing about what you've said right now. I'm not trying to be rude or anything but, according to your explanation you are agreeing that cash is better than bitcoin because in an online wallet there is a possibility that you'll get hacked and steal your money but then on your next sentence you said that it is much better to have bitcoin like cash? Because you can't hack real life? I don't really get you but I want to enlighten this statement.

Do you mean to say that cash is somehow better than Bitcoin because of its security. Because in Bitcoin, it is stored in an online wallet (well there's also called hardware wallet you know), there's a tendency that it will most likely to be hacked because of its lack of security. So it is much better to have cash than Bitcoin, because you can't be hacked in real life. Is that it or I'm exaggerating something?

Well you see, it depends on the person's perspective, if that person really want to get his online be secured as heck then do the gaddamn confirmations, or have a hardware wallet. Its not the currency's fault but it on the discipline of that person.

[senne]

The importance of cash can't be neglected, Cash is an asset which can be used at any point of time, if we go for shopping or eating out, payment with Bitcoins might be rejected but you can always pay with cash. Also one of the biggest advantage the cash has over Bitcoins is that you need any electical device and internet to have an transaction, you can simply pay in hand and go also it will consume less time if you go on to buy small things.

[romec1701]

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

So if you were a vendor that used/accepted Credit/Debit card transactions you would know that your points 1, 2 4 and 5 are total rubbish.
They dont work offline, you need a GSM signal at the very least to have a transaction confirm on the VISA or MCARD network. Fees are anywhere from 1% to 2.5% whih for larger transactions is much more than the cost of BTC transactions. Confirmation is not immediate (the vendor may receive confirmation that the transaction has been receieved by the network but just because this has happened doesnt mean it is set in stone and cannot be reversed.)

Cryptocurrency IS the future. End of.

[Eternu]

The importance of cash can't be neglected, Cash is an asset which can be used at any point of time, if we go for shopping or eating out, payment with Bitcoins might be rejected but you can always pay with cash. Also one of the biggest advantage the cash has over Bitcoins is that you need any electical device and internet to have an transaction, you can simply pay in hand and go also it will consume less time if you go on to buy small things.

Yes i agree with you about everything you said. Cash have been in peoples life for so long, because it has proven to be good way of paying. Easy and fast. With bitcoin there are some requirements that needs to be set before person can pay with bitcoin, for cash that is not the case. And not to mention that there are some parts of world where you can not use bitcoin at all, but you can use good old cash.

[Shomeare1932]

money is greater then bitcoins due to the fact we can use cash in bodily sort, and do buying in any industry the place we want we can give money to any individual which can be physically in large volume or considerably less it can be hand by hand we can touch it. It is the most accepted in most outlets. You can use it without having internet . Doesnt want net relationship. every single one particular can keep it by themselves and defend it.

[DaftAjax]

The importance of cash can't be neglected, Cash is an asset which can be used at any point of time, if we go for shopping or eating out, payment with Bitcoins might be rejected but you can always pay with cash. Also one of the biggest advantage the cash has over Bitcoins is that you need any electical device and internet to have an transaction, you can simply pay in hand and go also it will consume less time if you go on to buy small things.

Yes i agree with you about everything you said. Cash have been in peoples life for so long, because it has proven to be good way of paying. Easy and fast. With bitcoin there are some requirements that needs to be set before person can pay with bitcoin, for cash that is not the case. And not to mention that there are some parts of world where you can not use bitcoin at all, but you can use good old cash.

Can you be a little considerate? How old do you think Cash is? Its centuries. How old Bitcoin is? Its Years. So obviously they have very large discrepancy, since Cash has been used so often, very often that makes it very relevant in things that includes economic vitae. What I really mean is that Bitcoin is still young it has its restriction and COMPETITION towards cash but its coping up fast as you can see the changes on its value and the progress of its availability. And some countries have already accepted it as its own currency so, it is indeed coping up.