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Author Topic: Why Cash is better than Bitcoin.  (Read 99292 times)
Dheo
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September 26, 2017, 01:25:35 PM
 #1541

if for better shopping use money, because money also have to superior in appeal bitcoin, money does not need internet connection, while bitcoin must use internet. in the country I trade with money, while using bitcoin only in online purchases.

And also not all people know about bitcoin and not all know how to use it. That's why cash is better than bitcoin, even young people use cash but not young people can use bitcoin, all that can use bitcoin is those people who learned about it.
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September 26, 2017, 06:10:31 PM
 #1542

You always have to have two options sweetheart, you do not ever know if you can lose it, especially if you are living in a country where cash is scarce and crime abounds. Having a plan B is always necessary.  Kiss
Don't you ever blame a country's state over crime, that is just plainly being unaware and just being a fool. Why are you even insulting a country for that, the crime rate of a country has nothing to do with this, you see it is merely mainly in human error. And do really a country where 'cash is scarce and crime bound' even exist? I think you're just exaggerating.

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SirLancelot
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September 27, 2017, 04:41:55 AM
 #1543

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.
Yeah cash is always better than bitcoin due to following reasons:
Cash can be insured somehow through insurance companies.
Offline availability.
Physical existence in the world.
Easier to trace scammers.

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September 27, 2017, 08:19:30 AM
 #1544

For now it is more dominant cash because ATM or bank is everywhere. But if later bitcoin already exist bank and its ATM, maybe people just open handphone and scan barcode to do transaction hahaha  Cheesy Grin Cheesy Grin

In the future, bitcoin doesn't even need atm anymore because all can be controlled via smartphone, bitcoin atm in my country didn't get a good response because android makes everything easy, cash money for the future is virtual, not currently so popular because the world economic system still prioritize fiat, many offline shopping also not using bitcoin.

Bitcoin value changes every day cash value not change. It will use full one in the future. If save the bitcoin it is use full for the future growth. We can not judge Cash is changing in the future. But bitcoin value change any time. Bitcoin price is increasing day by day. If use bitcoin you will know it. You will get easy to get profit.

 
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September 27, 2017, 08:27:18 AM
 #1545

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

totally agree with these no doubt cash is always better and will be better than bitcoins because there are so many factors and many people in the world are not yet aware that bitcoin is existed , bitcoin is mostly popular and can be used online and not all humans can able to use bitcoin if they dont have some knoledge in technology today.
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September 27, 2017, 08:32:14 AM
 #1546

if work offline 100% I think not, because in Bounty Campaign we like work too, so I prefer
* No fees.
* Accepted for Food Shopping & Micropayments
* 0 confermations time
* 0 exchange risks
this is what makes cash better than bitcoin for now ..
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September 27, 2017, 09:02:39 AM
 #1547

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. If you see the value ot bitcoin as far as now still strong and still increasing so thats why bitcoin is much better than gold becuase bitcoin is more profitable for us like paying anythings and buying anythings so for me bitcoin is better than cash.
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September 27, 2017, 09:12:40 AM
 #1548

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
I totally agree with your opinion. there are several sides of the fiat that are not replaceable by bitcoin. one of which is real value, speed of transaction, and can be accepted anywhere.
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September 27, 2017, 09:20:57 AM
 #1549

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
I agree to you that cash is better than bitcoins and it can be the reason why many people are preferring cash than bitcoins.

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September 27, 2017, 09:32:10 AM
 #1550

Bitcoin has strength that is the accessibility without boundaries and an increased profit due to volatility but its weakness is in areas without internet and to people who does not accept bitcoin. while cash requires a social interaction for the transaction to commence in order to receive the product of choice.
DaftAjax
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September 27, 2017, 12:29:24 PM
 #1551

Bitcoin has strength that is the accessibility without boundaries and an increased profit due to volatility but its weakness is in areas without internet and to people who does not accept bitcoin. while cash requires a social interaction for the transaction to commence in order to receive the product of choice.

Well it is true that it is more suitable and advisable for them to use cash than Bitcoin because of the lack of internet in the area. But it just stays that way, it still not enough to prove that cash is better than Bitcoin, even if the availability of cash is just anywhere and so easy to use, but then again when we think about the profits and the efficiency of what we would be gaining in that. I think Bitcoin is more practical and more straightforward to have such profit.

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September 27, 2017, 01:27:11 PM
 #1552

Cash is better than bitcoin because we can use cash anywhere we wanted. But for me, that is just the advantage of cash. Bitcoin can increase it's value which we can also earn if we wait for it to increase. I think for me Cash and Bitcoin has its own potential.
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September 27, 2017, 01:29:05 PM
 #1553

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
Simple, cash can be used in ALL tradings or exchange and is physical (which is what we are accustomed to). Bitcoin and other cryptos in general are alternatives to cash but has limited usage when it comes to trading or exchange. So it is still more convenient to most to use cash in their daily transactions..Also, cash is known by all and Bitcoin’s existence is only known to a few.

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September 27, 2017, 06:55:20 PM
 #1554

Cash is an old currency now it might have many benefits like it is physical, can be traded at any point, works offline, easy to trade at local points... That's it what else cash can do you can't transfer cash out of your country, you can't have anonymous transactions and much more. Bitcoin is the future we hold the things we can do with it will be never possible with the cash like Security, Portability, Less Transaction fees, Volatility and many more. So Cash was better but Bitcoin are much better.
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September 28, 2017, 05:28:54 AM
 #1555

To my mind there is only one reason - cash is more easier to spend, and fiat is accepted everywhete
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September 28, 2017, 06:27:53 PM
 #1556

if for better shopping use money, because money also have to superior in appeal bitcoin, money does not need internet connection, while bitcoin must use internet. in the country I trade with money, while using bitcoin only in online purchases.
I totally disagreeing you here and it is not the truth bitcoin is much better than money, why? Because now almost everyone is educated and they are having good information about the bitcoin and one other thing that it is very easy to keep so many bitcoin with you fearlessly because the bitcoin wallets are there and no one can take your bitcoin. But having large amount of money would be risky.
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September 28, 2017, 06:37:50 PM
Last edit: September 30, 2017, 08:30:27 PM by donGeilo
 #1557

Both the Cash and Bitcoin have there own features but there are some ways in which Cash is better than Bitcoin. But some of the reasons why cash is better than Bitcoin can be cash is accepted everywhere but Bitcoin is not accepted everywhere, transactions through Cash are faster than transactions through Bitcoin, there is no extra fees for transactions through Cash but some amount of fees is charged when transactions are done through Bitcoin, transactions through Cash are risk free but t some exchange risks are there during transactions through Bitcoin.
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September 28, 2017, 06:59:31 PM
 #1558

completely agree with the author.
Kamal87
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September 29, 2017, 06:14:57 PM
 #1559

i think It’s better by ways of convenience. I am pro-Bitcoin of course but it’s not convenient when I use public commute or by food from the street especially that Bitcoin is still not acknowledged in my country. And living in a third world country with the slowest and most expensive Internet connection, you can see why cash is preferable than bitcoin and Bitcoin use for online transaction and the price is continue to increase so you can make profit if you have bitcoin, Cash is for offline transaction and if you have cash the value is still that and the price will not increase.
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October 01, 2017, 04:50:49 PM
 #1560

To my mind there is only one reason - cash is more easier to spend, and fiat is accepted everywhete
At present, fiat and digital currencies have their own benefits. Humans have been using paper money from the time immemorial now but bitcoins have been in existence for 8 or 9 years only. Still, Btcs have threatened the existence of paper money. The only reason why people are still using cash is because we cannot use bitcoins in every service. Some people also don't understand technology well.

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