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Author Topic: Why Cash is better than Bitcoin.  (Read 99289 times)
mhayandal
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October 29, 2017, 01:23:39 PM
 #1881

for me bitcoin is more better than money because once you hold a money in your wallet the value is not growing up unlike the bitcoin when you hold it in your etherwallet and when you trade it the value of itself become bigger and bigger


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monica69
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October 30, 2017, 10:16:30 AM
 #1882

Fiat's price is fixed and not that high compare to the bitcoins price, especially right now. Bitcoin is skyrocketing and it will continue to rise up above the ground, those who are early adopters of bitcoin and saved their bitcoin are so damn lucky. Fiat is a lot more convenient than bitcoin, but I would still prefer bitcoin since I could earn a lot of money on it because of its price.

Marileno
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October 30, 2017, 10:19:25 AM
 #1883

Right now the short answer is that cash is accepted EVERYWHERE whereas bitcoin is not. As others have said, cash is instant whereas BTC has a lag time. At this point in time it is quite clear that cash is not at risk of being over thorn as the standard. This of course will change over the coming decades. the mechanisms we use instead are still up for debate and it will be interesting to observe how things develop over time.
Mapagmahal
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October 30, 2017, 03:15:32 PM
 #1884

Cash is always used by any people in different countries regardless of the status. If we have cash we can pay directly people who are selling goods and services. Unlike bitcoin it's digital and as of now there are only few stores who accept bitcoin as mode of payment. That's why cash is good today against bitcoin and who knows maybe in the future there some business who will engage using cryptocurrency like bitcoin and start accept it as payment proccessor like paying in restaurants, grocery, shopping malls.

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Bessta
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October 30, 2017, 03:29:36 PM
 #1885

Simple its acceptable worldwide becàuse it is convenient to use. Bitcoin is a Cryptocurrency or digital or virtual currency which are not yet recognized in other countries but gaining its popularity and sooner of later would be accepted as  fiat.

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zurc
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October 30, 2017, 03:34:19 PM
 #1886

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
fast transaction for offline use because it can buy anything in the market unlike bitcoin there are only certain companies that allows bitcoin as payment and cash never dump unlike bitcoin.

Draketom
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October 30, 2017, 03:47:18 PM
 #1887

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 do Agree with your point of view.
But i also do believe bitcoin has several advantages that Cash can not meet up with.
Like anonymity, international payment, being able to buy things online with it and many more
quarkyplum
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October 30, 2017, 07:06:39 PM
 #1888

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
fast transaction for offline use because it can buy anything in the market unlike bitcoin there are only certain companies that allows bitcoin as payment and cash never dump unlike bitcoin.
Because the value of FIAT has guarateed by the economy of every country. The value of FIAT depends on the growth of the economy, so, if a country can not grow its economy, the FIAT value of this country also lower than other rich country.
suzukiy
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October 30, 2017, 07:33:19 PM
 #1889

much to the cash advantage in comparison with bitcoin, cash does not require internet and anyone can charge cash for children and adults, cash does not require a fee for its use and much more Wink
kazy
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October 30, 2017, 07:40:50 PM
 #1890

Physical cash has its own advantages. For example, it doesn't need a laptop or a mobile device connected to internet to send payments. Also, no other form of payment can be as anonymous as the physical cash.
mustangy
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October 30, 2017, 10:35:29 PM
 #1891

cash bills and  notes are dirtiest think ever. because they travel hand to hand a reason for splitting infectious disasses
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This must be an effective way to send the message about Bitcoin since that paper money can be circulating anywhere in the country and even abroad. I think that slowly Bitcoin is now getting into the consciousness of the people...though of course we are not encouraging anybody to do the same thing as this might not be allowed by law (at least here in my country where money defacement is considered as illegal). I am expecting more of the same graffiti maybe not on paper money anymore but also in walls. I have seen a Bitcoin-related message on the pathway somewhere in the country and once the younger generation would be catching the Bitcoin bug there can be more on this anywhere. Again, we should not encourage anybody to do the same as there are surely more effective ways to promote Bitcoin awareness.  


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Afnan_faizah
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October 30, 2017, 10:46:45 PM
 #1892

much to the cash advantage in comparison with bitcoin, cash does not require internet and anyone can charge cash for children and adults, cash does not require a fee for its use and much more Wink
cash also vulnerable against inflation, high fee of transactions with other people internationally, can be counterfeit, burn, rip and pose a big risk to people who carry big amounts of cash everywhere. But those problem have been solved in the presence of bitcoin. So I cannot say that cash is better than bitcoin.

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Schirer
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October 30, 2017, 10:57:19 PM
 #1893

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

The reason is simple, cryptos are not widely accepted . We live in " FIAT" world, also people do not like change.

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grermezter
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October 30, 2017, 11:29:03 PM
 #1894

The only scenario where Cash is better than bitcoin is that cash can be taken anywhere and can be used to buy things at a moment notice but the same cannot be said about bitcoins especially since not alot of people and business are accepting bitcoins as a model of payment at the moment. Aside that bitcoins is better than cash aspects every turn.

CowboyKiller
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November 02, 2017, 05:47:48 PM
 #1895

The only scenario where Cash is better than bitcoin is that cash can be taken anywhere and can be used to buy things at a moment notice but the same cannot be said about bitcoins especially since not alot of people and business are accepting bitcoins as a model of payment at the moment. Aside that bitcoins is better than cash aspects every turn.
You can use Cash to pay anything for daily, that is the best benefit of Cash can provide for your life. While, Bitcoin just useful when you want to global transfer money or create anonymous transaction, it can not help you live daily.
JTASSOCIATES
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November 02, 2017, 06:02:39 PM
 #1896

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
yyy
What you mentioned is all right. if we look inside the real situation, the old generation only very much interested to use the cash they are not interested with our new technology. One thing we have to accept is we don't have any control on any thing and the future currency is bitcoin only. so I suggest to change the attitude and change it to technology to be very much help for everybody.

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rxthree
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November 02, 2017, 06:07:57 PM
 #1897

There are many countries that don't accept bitcoin for technological or economical reasons, so bitcoin won't be the first payment choice there. Fiat is the only way for the bigger part of the world. It doesn't mean that cash is better, they're just not ready for bitcoin yet.
jak3
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November 02, 2017, 06:23:03 PM
 #1898

It is not always true that cash is better than Bitcoin. We have thousands of points where we can prove that Bitcoin is a thousand times better than cash or any other currency right now, but yes, there are some few very minor points which can prove that cash is still better than Bitcoin because as we know that Bitcoin takes a lot of time for transaction confirmation and also higher amount of fees. But on the other hand, you have to go to the person you want to pay in cash and they are instant and doesn't charge any fees.
fishbonez11
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November 02, 2017, 06:42:53 PM
 #1899

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

Advantages of cash over bitcoin, yes you can definitely use it even offline. You just need a regular wallet, a purse, or just about anything you can put your cash into and it'll sure work fine. Yes, there are no transaction fees when paying through cash, but there are times wherein you will be required to wait in line, sacrifice energy and time just to be early or stay in the line. I guess that would equate to the transaction fee for the instantaneous do-wherever transaction for bitcoin. But I must disgree that credit cards, ATMs and banks may require transaction fees as well on top of the time that you have waited.

I agree that the payment method through cash, credit cards and atms are widely understood by people. But I must say that paper money also has the risk of being faked and therefore not accepted in stores. Worse is if you get accused for carrying around counterfeit money especially in large volumes without you even knowing it!
teejayrichard2
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November 02, 2017, 07:12:06 PM
 #1900

They both play important roles in different ways. While cash is better for small transactions especially in market places, bitcoin is better for huge transactions which reduces the issue of delay and charges.
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