Kahoy01
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November 22, 2017, 08:26:07 AM |
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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 am a bitcoiner and I always want to earn bitcoin. I know that bitcoin is now very important but I found out that cash is more important than bitcoin. Bitcoin is still not popular like fiat currency.
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P60
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November 22, 2017, 08:45:13 AM |
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People use cash for their necessary because Bitcoin is not available everywhere. To use Bitcoin we need online data but cash is an offline system and it is easy to understand.
Thinking of it, cash became better than Bitcoin because it can use worldwide unlike Bitcoin, some most of the country don't allow and accept Bitcoin as a payment. Other than that, cash is faster in terms of transaction than Bitcoin because you are holding it physically so confirmation is not needed.
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Hasbro27
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November 22, 2017, 08:51:46 AM |
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indeed cash is still better than bitcoin because it can be used by anyone without using the internet and gagets, cash can be used offline while bitcoin must use smarphone and internet. maybe that includes the lack of bitcoin
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tinystone26
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November 22, 2017, 08:56:15 AM |
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I think cash is better than bitcoin in terms of no internet connection many things can make though it, and bitcoin in terms of with internet connection it is really easy to pay some of things and to cash it also easy like when you are in restaurant I think there is restaurant that accept bitcoin here in my country.
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Theta Labs
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November 22, 2017, 09:12:06 AM |
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Have to transfer in person though - one of the biggest positives about crypto is nearly-instant transfer (or at most, a few hours on a backed up BTC tx).
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wisdomcn
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November 22, 2017, 09:59:43 AM |
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I can say cash (Money) is preferred starting at now over bitcoin on the grounds that money is generally acknowledged and we can do exchanges with it disconnected and furthermore on the off chance that we do singular cash exchange, it isn't that enormous issue in light of the fact that the exchange is nearly the same with bitcoin with only a higher expense. Money is additionally settled on its esteem so we don't have to stress over getting a misfortune in the estimation of our fiat.
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Kadal Ijo
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November 22, 2017, 10:11:08 AM |
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I think for direct transactions of course cash is better than bitcoin, this is because the transaction does not require internet network and confirmation, but for internet transactions, of course bitcoin better than cash.
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cammie16
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November 22, 2017, 10:16:26 AM |
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Because cash has a fixed price and will not go up or down when it comes to its value. We can also use it immediately without using electricity and internet connections. That is why cash is better than bitcoin in our everyday life.
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LTCendmanagement
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November 22, 2017, 10:25:04 AM |
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Because cash is widely used everywhere, that's why cash is still dominating in the world. But it will be different again for the next 10 years, virtual money that will dominate.
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yourialfa
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November 22, 2017, 10:33:52 AM |
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Because I think it's different. cash and bitcoin have their respective advantages and can not be compared. Cash has a portion in finance and so does bitcoin. Cash is also something legal and no bitcoin. But bitcoin also has advantages in the world of crypto than cash. So they have their own distinction and superiority.
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BlackRacerX
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November 22, 2017, 11:02:32 AM |
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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
That's basically it. Money also has a more stable value each compared to bitcoins that's so volatile in price. It rises in one minute, goes down the second. That's the only reason why I find bitcoins having a hard time being integrated as main monetary system that can replace money itself.
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Questat
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November 22, 2017, 11:34:10 AM |
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Because I think it's different. cash and bitcoin have their respective advantages and can not be compared. Cash has a portion in finance and so does bitcoin. Cash is also something legal and no bitcoin. But bitcoin also has advantages in the world of crypto than cash. So they have their own distinction and superiority.
They are both useful to us so why do we have to compare cash and bitcoin. With cash we can spend it anywhere and anytime because there is no network that is needed for us to transact. For me, I have bitcoin in my online wallet but I also have cash in my pocket because I know anytime I need money I can easily spend my cash.
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RedUkulele
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November 22, 2017, 10:56:55 PM |
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I'm not sure... In the future especially. I think future of crypto overall is a very interesting and important topic.. and I want to learn more about it... From my experience, I feel that conferences could be a good way to learn. I found this one https://blockshowasia.com/ and I'm thinking to go, but tickets are not so cheap, but I suppose it could worth it... what do you think guys? have you heard about it? It would be really interesting to know what experts think about future
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xx-man
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November 23, 2017, 12:05:27 AM |
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I think people prefer to use cash rather than bitcoin because it is convenient and easy to use. Buying and selling food, everyday goods with bitcoin will be a little difficult because not everyone knows how to use bitcoin to trade and not every industry receives bitcoin. For different cash, people use it easily to buy, sell, exchange, and everyone knows how to use cash.
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Stef9292
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November 23, 2017, 12:19:22 AM |
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You have to wait bitcoin reach 1mln dollar and so became mainstream to use it in allday life. Probably will be eth or someother altcoins will see.
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dragon fire
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November 23, 2017, 12:31:10 AM |
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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 any field, humans prefer instant ways, quick ways, and do not like to linger. especially with regard to financial matters. that's where the excess cash is done. however, if only many people who understand more about bitcoin, that's another story.
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19faraon88
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November 23, 2017, 01:25:03 AM |
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To people don't know the Bitcoin, Cash is better in Bitcoin. But for us here..... We know how better Bitcoin compare to others not on in Cash but also to Gold and others.
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niceone
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November 23, 2017, 01:30:29 AM |
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The main reason is because cash tangible as simple as that most people believe in what they see and what the can tocuh bitcoin is digital currency and it's still new to some people so we can't blame why a lot of people thinks cash is better than bitcoin which it is but bitcoin is a asset that helps a lot of people besides that its a currency.
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Nyenyepogi
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November 23, 2017, 01:41:30 AM |
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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
Woark offline 100% - yes because you can use this aanywhere everywhere No fees. - no fees because the value is stable . Accepted for Food Shopping & Micropayments - but i think someday cryptocurrency become virutal like fiat.
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H1X360
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November 23, 2017, 01:44:13 AM |
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Just gotta move to some chinese high tech village and you can probably get rid of all your physical cash and pay everything with cryptocurrencies. Cash is going to be "equal" to cryptos some day. Maybe in 10, maybe in 15, maybe in 50 years. No one knows, but it's a flawed concept.
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