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Author Topic: Why Cash is better than Bitcoin.  (Read 99287 times)
erep
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October 12, 2017, 04:32:15 PM
 #1661

Cash is better now because everyone is not accepting bitcoin as an exchange to the daily needs. If merchants and shop keepers starts accepting crypto then there wont be any stopping for Bitcoin.

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October 13, 2017, 02:16:45 AM
 #1662

Cash is not better than Bitcoin. It is only currently more useable as FIAT $ has been around for centuries and that's what this current financial system is based around. But that's it. Bitcoin is far superior in all other aspects of $ like durability, divisibility, portability, fungibility, and it being recognizable

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October 13, 2017, 03:29:05 AM
 #1663

ATMs and credit cards both have fees (I believe you are joking). It may have zero confirmation time but It's possible to chargeback and get scammed. Lightning Network should give us the ability to make micro-payments and without waiting for confirmations too. Banks control your money, you don't. I see no reason on why fiat is better than bitcoin.
Cash is better than bitcoin since it is the only currency we knew since the beginning and it is easy to use, but on the other hand bitcoin can be secured efficiently, carried through the internet and used by internet connection. Only physical and virtual world stands in between, but if bitcoin is physical it would value to a diamond or a high valued crystal since 1 bitcoin has a large value. That is why cash is better since it does not need internet and can be carried even though a lot, also has a lot of value.
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October 13, 2017, 03:35:23 AM
 #1664

It is better offline. You can pay whereever and whatever will you buy. But when it comes online bitcoin is better than cash.

agree with your sugestion, i think bitcoin is real deal for online payment solution, but the fee of bitcoin rising to much during the price of bitcoin rising too.
the hardfork is good solution, but the problem is comunity choose old and original bitcoin than forking to new coin.
sometimes, people are more interested in cash than with digital. well, maybe because it can be used anywhere, as long as it still works. bitcoin requires a process to make it into cash. so, I guess because of that, more people are liking cash than bitcoin.
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October 13, 2017, 03:36:46 AM
 #1665

Cash is not better than Bitcoin. It is only currently more useable as FIAT $ has been around for centuries and that's what this current financial system is based around. But that's it. Bitcoin is far superior in all other aspects of $ like durability, divisibility, portability, fungibility, and it being recognizable

But actually cash is better than bitcoin for now, because all the general public is using it more because the process is faster and simpler, maybe you think cash is not better than bitcoin because the current price is so high that your Bitcoin assumption is better , but still we have to go back to our real life, because we also need cash for our lives, because it is still rare for a store or a company to receive a Bitcoin payment.
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October 13, 2017, 03:53:38 AM
 #1666

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 cash is better than bitcoin becuase it can use this to any store but i think in the futute bitcoin will surpass the cash becuase i can say bitcoin can replace cash just wait and see. Smiley
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October 13, 2017, 04:13:40 AM
 #1667

Cash is here to stay. For now  Huh

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October 13, 2017, 04:37:13 AM
 #1668

Because everyone can receive cash so the transaction is faster and there is no additional cost, I hope bitcoin can imitate the cash system so it can be easily and quickly accepted for the transaction.

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October 13, 2017, 11:05:08 AM
 #1669

I don't think cash is better than bitcoin because the worth of cash would still be the same and the worth of bitcoin can go up and down that means you can make profit and loss you cannot do that with cash.
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October 13, 2017, 11:17:26 AM
 #1670

The only reason why cash is better than bitcoin is because it is known to all,unlike bitcoins which is known only to a small section of the society.Hence local merchants do not accept bitcoins,they only accept cash as a mode of payment.Another reason is that money's value is stable and does not fluctuate.
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October 13, 2017, 02:19:29 PM
 #1671

Cash is better than bitcoin because nowadays especially in my country more stores accept cash / credit card rather than bitcoin, beside that cash / credit cards are easier to use than bitcoin especially in traditional stores that not conmected with internet, unfortunate when bitcoin is used to buy food or other because bitcoin is an investment that can provide additional income
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October 13, 2017, 02:35:38 PM
 #1672

Cash is better than bitcoin because nowadays especially in my country more stores accept cash / credit card rather than bitcoin, beside that cash / credit cards are easier to use than bitcoin especially in traditional stores that not conmected with internet, unfortunate when bitcoin is used to buy food or other because bitcoin is an investment that can provide additional income
A good opinion.
Actually, if you look at the process of earning money with bitcoin is the same requires the process so that many people are distressed and feel saturated, therefore some people feel better cash than bitcoin because cash can be directly earned money rather than bitcoin is still the process to be used as cash, so there is a sense of trauma that always awaits the arrival of money, but bitcoin many who like nowadays so that not only cash is much needed the same people.
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October 13, 2017, 03:07:12 PM
 #1673


same as a means of payment, but different in regulation. atm, the credit card is bank-owned, and regulated by the state, and can be supervised, while bitcoin, the owner is an individual. and there is no regulation
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October 13, 2017, 03:17:18 PM
 #1674

In our current economy right now, cash is better than Bitcoin because of its widely use. Bitcoin for me cannot be considered as money since not all accepts it as payment. We still need it to convert into cash. When there is an emergency, cash is readily available to spend unlike Bitcoin.

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October 13, 2017, 03:23:33 PM
 #1675

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 cash is better than bitcoin becuase it can use this to any store but i think in the futute bitcoin will surpass the cash becuase i can say bitcoin can replace cash just wait and see. Smiley

I think for now is yes fiat is more superior than bitcoin the number 1 reason why bitcoin still cannot beat fiat is its because of enternet theres a lot of places in the world without enternet but i was hoping that someday bitcoin can depeloped an apps that can transact bitcoin even in offline method

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October 13, 2017, 03:25:02 PM
 #1676

There are advantages and disadvantages with fiat cash, when we compare it with crypto-currencies such as Bitcoin and Ethereum. First of all, fiat cash is easily accepted everywhere unlike Bitcoin. And secondly, fiat cash is perfectly legal, while the legal status of Bitcoin is disputed. And another important aspect is that fiat cash is 100% anonymous (physical cash), while BTC is not so much anonymous.

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October 13, 2017, 03:34:11 PM
 #1677

Yes, we can see a lot of cash benefits. However, Bitcoin also has many advantages over cash. For example, a decentralized account means that no one can control your account except you. Besides, Bitcoin can help us to complete transactions, quickly, neatly, safely and without fear of theft.

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October 13, 2017, 03:40:32 PM
 #1678

These kind of questions, like why A is better than B, are wrong, as it seems that we have to choose one or another. It is not about why cash is better than bitcoins, it’s more about why shouldn’t I use both.
 
Advantages of cash have been largely stated through the post so nowadays one cannot live without cash but what one misses if he doesn’t have bitcoins is returns, anonimity, fast worldwide transactions without the need of a third party (like a bank) and so on. Also, when one gets bitcoins, usually learns about it and about blockchain technology so it improves one’s knowledge.

Nowadays cash is better than bitcoin but we are heading towards a cashless society so better be prepared with bitcoin.

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October 13, 2017, 03:43:13 PM
 #1679

Because cash money is still the primary means of payment around the world, and the government also places great emphasis on it. But for virtual money is still rare people who wear it, either because of their knowledge or because of other things of course.
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October 13, 2017, 03:48:14 PM
 #1680

Cash (money) is better than bitcoin because it is very common to all who use it. It is acceptable to all over the world. Unlike the bitcoin, yes it can be use as a payment to buy some stocks of food, etc,but the problem is, not all the country accept the bitcoin. So cash is better than bitcoin.
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