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Author Topic: Why Cash is better than Bitcoin.  (Read 99285 times)
Boov
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November 29, 2017, 06:04:41 PM
 #2181

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
Main reason why cash is better than Bitcoin is because many shops still does not accept Bitcoin as payment unlike cash that is usualy uses by many in trading , buying of items and etc. Also in cash there is no fee to reduct to use unlike Bitcoin who has transac fee. but it does not mean that Bitcoin is not a good its just that cash is much more in demand and also many uses cash than Bitcoin
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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haxker007
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November 29, 2017, 06:28:16 PM
 #2182

Money is better then BTCs in light of the fact that we can utilize trade out physical frame and do shopping in any market where we need we can offer money to anybody which can be physically in substantial sum or less it can be hand by hand we can touch it. It is the most acknowledged in many shops. You can utilize it without web . Doesn't require web association. Each one can keep it themselves and secure it.
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November 29, 2017, 07:33:51 PM
 #2183

bitcoin is like a new car 2017 fully stuffed with electronics. It is cool comfortable and nice. But it is very demanding and capricious.Old car without electronics will start engine even after a nuclear explosion, if would be someone to ride it. So bitcoin is good, but if some disaster or other force majeure circumstances, the cache will always be cache. Here and now, and even where there is no electricity.     

Daveeoff
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November 29, 2017, 07:46:27 PM
 #2184

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.

One reason why Fiat currency is better than BTC - it is accepted everywhere! Bitcoin will never get that mainstream, at least not anytime soon. In the future tho it might get a bit more popular but no country would switch Fiat currency for Crypto.
alkiw21
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November 29, 2017, 08:08:54 PM
 #2185

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

Of course cash is better because cash is different from bitcoin. Cash can be used anywhere because it is legal and use cash is also very fast. No need to wait for confirmation like bitcoin.
tstang
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November 29, 2017, 08:14:43 PM
 #2186

Cash has its own value we won't get a loss in the value of our fiat, and we control our money, not banks
Ruetli
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November 29, 2017, 08:25:46 PM
 #2187

Cash has not Bitcoin's volatility and works also where is no internet access and even where is no electricity.
stayeduptolate
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November 30, 2017, 05:35:02 AM
 #2188

It seems to me that so far it is not worthwhile to compare bitcoin with real money, this is the same as asking what is better bitcoin or ether? Everyone has their own ways of applying which can not yet replace.  Bitcoin is a crypto currency and it is comfort to use on online and fiat is better to use in open world. 

Cash will almost always be king because it is an accepted form of currency literally almost anywhere. However, there are not a lot of places where you can pay with Btc. I have only seen one place. It was a sauna in Toronto that accepted Bitcoin.

Also speaking in favor of cash, the fees for making these or those transactions are more convinient, what I cannot say about Bitcoin
Yes definitely cash is better than bitcoin.Cash is used by all the people of the world unlike bitcoin.Cash is the mode of transaction in every aspect.Fiat currency or cash is internationally accepted all over the world.Bitcoin is not legalised still in many nations.Moreover it is not under the control of any central bank or government so there can be many cases of fraud.Where is is no internet availability,cash is always present.
Xenoph0bia
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November 30, 2017, 06:04:33 AM
 #2189

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.

One reason why Fiat currency is better than BTC - it is accepted everywhere! Bitcoin will never get that mainstream, at least not anytime soon. In the future tho it might get a bit more popular but no country would switch Fiat currency for Crypto.
I agree that cash is better than bitcoin because cash is accepted all over the world without any controversy and doubt.It is under the control of a central bank so cases of fraud are less.Even a common man uses cash as he may not have any internet accessibility and knowledge about the cryptocurrencies or bitcoin.Not everyone knows how to operate bitcoin.Every transaction is done through cash and is recorded.But if transaction is through bitcoin,we cannot track the money.Traditional money has established itself from a long period of time.
mabell943
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December 01, 2017, 02:09:39 PM
 #2190

Because as of now bitcoins is in the process of getting legalized in different countries. Still Our official currency is Cash.
superjeyy
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December 01, 2017, 03:03:59 PM
 #2191

Although I greatly enjoy the advantages of Bitcoin, I would have to say that cash/fiat is what I prefer using. SInce Bitcoin is not as popular here in the Philippines, there is no outlet for me to use it. Basically, it does not have the value it has gained over time since people are not knowledgeable about it. It's the sad truth, hopefully someday development towards acceptance of Bitcoin would be encourage in our country so that its usage may be maximized.
Blondy12
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December 01, 2017, 03:12:03 PM
 #2192

right now maybe fiat will still be preferable by most of the people since not everybody have an idea about bitcoins and in my country almost all establishment only accepts fiat. but in a long run difinitely bitcoins will be popular to everybody.
montefalco09
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December 01, 2017, 03:18:44 PM
 #2193

Cash can be use in everyday transactions and its durability, while bitcoin is for online transactions "still" developing the way to improve and become the legal currency in the world.
finlandais
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December 01, 2017, 03:26:10 PM
 #2194

Cash is better than bitcoin because cash is easily accepted everywhere but bitcoin is not accepted everywhere.Cash can be used for both small scale transactions as well as large scale transactions but bitcoin is still not used for financial transactions in many countries.We need no internet connection in case of cash but we need an internet connection to work with bitcoin

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December 01, 2017, 03:27:08 PM
 #2195

While it is still developing, so in a couple of years bitcoin will break out into the leaders

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December 01, 2017, 05:14:28 PM
 #2196

Cash is not better than Bitcoin. Holding money will make you lose your money by inflation. Holding Bitcoin will make you profit
Captain Sneeze
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December 03, 2017, 07:26:39 AM
 #2197

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

Cash is better than bitcoin simply because it is acceptable by everyone, not all countries know what bitcoin is, and not all people know how to use it, and also because of convenient using your cards than bitcoin so cash is real better than bitcoin and many young people just need a cell phone, and they can go to work, and all the payments are done on the phone.
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December 03, 2017, 07:40:08 AM
 #2198

cash is better than bitcoin because cash is a part of a daily basis of life its hard to remove and bitcoin is popular nowadays

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December 03, 2017, 07:41:40 AM
 #2199

Watch this space!! Sontoshi's will be in printed form like cash 5 years from now. Mark my words!

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December 03, 2017, 07:46:01 AM
 #2200

Cash is better than bitcoin because cash can use in supermarket to pay your bills. Is bitcoin can pay your bills in any shopping malls?No. right? So cash is better than bitcoin.

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