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Author Topic: Why Cash is better than Bitcoin.  (Read 99323 times)
migolmigol
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December 05, 2017, 05:01:40 PM
 #2221

I would not say better. Because fiat or cash money compared to Bitcoin has different advantages and disadvantages. You mentioned only the advantages but there are also disadvantages like it can be regulated by the government and transactions can be traced easily.

However, today I would say that overall cash and fiat money is still effective compared to Bitcoin. This is because it is really being used by majority and in only ew establishments accepts Bitcoin for exchange of product or service.

Kabul
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December 05, 2017, 05:48:19 PM
 #2222

I think money is better than bitcoin or any online wallet because if you have cash, you can buy or do something easily. But the online wallet is very complicated for any transaction and there can be problems at some point.
 
That is not a point. People are trying to develop bitocin more and more in order for it to be used widely. Bitcoin is extremely easy to use and a kid can know how to use bitcoin if it has a smart phone. MOney is just a tool of the government. Do not believe in the government





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Chrisjay29
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December 05, 2017, 07:39:29 PM
 #2223

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

 It because cash could be use anywhere on any transactions.
Bitcoin also could be uses for many transaction, but it's more like lack of peiple know of it.real life, cash also the best choise to do any kind of activity and also not all items can buy in bitcoin like cash... so we need to convert it to cash
RaphB
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December 05, 2017, 07:47:16 PM
 #2224

Because cash is a friendly user rather than bitcoin, also in every country paper money is more usable than bitcoin due to legalization of paper money. However, hoping someday bitcoin will become more easy to use than paper money.
Wolf of Btrex
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December 05, 2017, 07:58:13 PM
 #2225

Cash is simplier. It is known from oldest times, so it will be a shock to switch to Bitcoin. But it will happen, i believe.
legok
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December 05, 2017, 07:59:44 PM
 #2226

because money is easier to use and still many anywhere, people are also more familiar with money as a regular payment tool .. and not many people can use bitcoin as a means of payment normative and should get support from the local government
Fitrilalala
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December 06, 2017, 02:07:05 AM
 #2227

Because cash is easy to use, every single shop or online shoping would love cash more than bit coin. If pay with bitcoin we still get a charge fees to change in cash.and its more complex to send it to other wallet as we know bitcoin have charge fee for send or exchange it.

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ritik01
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December 06, 2017, 02:21:02 AM
 #2228

The cache is very good with bitcoin. can you buy anything from the market or make any kind of shopping and you can make payments
with your debit card/ credit card/ shopping card. You do not have to pay any extra fees and no charge .Physical payments from cash
from bitcoin to digital.
jumpercrypto
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December 06, 2017, 02:28:45 AM
 #2229

The thread is about why people still prefer cash than bitcoin, then all I read is about Venezuela.
arteezyy
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December 06, 2017, 02:47:14 AM
 #2230

Well it is more flexible than bitcoin. If you want your bitcoin to be a source of your payments, you must convert it into fiat money.
paying cash is a less hassle and don't have fees.

deppil
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December 06, 2017, 02:49:47 AM
 #2231

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 belongs to the banks and bitcoins to their owners.
That's the difference in between cash and BTC.
Plus Bitcoin isn't backed by anything than their users and money " should " be backed by gold.
I think that makes the most noticeable difference is from fee and also acceptable. if you use cash then you can use it wherever you are in different countries in small stores and big stores use and receive cash for payment. and no fee unlike payment with bitcoin, where there are still limited stores that accept bitcoin
Kasabus
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December 06, 2017, 05:53:16 AM
 #2232

Well it is more flexible than bitcoin. If you want your bitcoin to be a source of your payments, you must convert it into fiat money.
paying cash is a less hassle and don't have fees.
Cash is better if you are just a sole spender, bitcoin is a risky currency as the value is moving and we might loss value when we do not know
how to do the right timing. When you are using bitcon for online transaction, it's like you are investing as well.
teamcryptonator
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December 07, 2017, 09:33:24 PM
 #2233

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 belongs to the banks and bitcoins to their owners.
That's the difference in between cash and BTC.
Plus Bitcoin isn't backed by anything than their users and money " should " be backed by gold.
I think that makes the most noticeable difference is from fee and also acceptable. if you use cash then you can use it wherever you are in different countries in small stores and big stores use and receive cash for payment. and no fee unlike payment with bitcoin, where there are still limited stores that accept bitcoin
Limit store? No, in my country, there is no store accepts Bitcoin. Although some retailers want to accept cryptocurrency but in the fact, the government has banned Bitcoin for payment or use it as FIAT to pay anything. I can only sell/buy my Bitcoin through exchange as an asset for trading, investment.

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HIMU
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December 08, 2017, 04:46:51 PM
 #2234

If we wish to differentiate between money and bitcoin then the mistreatment platform is that the main distinction. Bitcoin is simply obtainable on the web. However money is everyplace. In terms of use conjointly as like thus. Concerning quality money is way on top of bitcoin, So i think money remains higher than bitcoin.
mabell943
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December 09, 2017, 07:17:50 PM
 #2235

Cash is more better than bitcoin because for cash possess the most liquidity value. Wherein many people recognize cash-based system in all commercial and financial transaction.
Hasbro27
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December 09, 2017, 07:21:59 PM
 #2236

money is better than bitcoin because money is easy to use and also money does not need internet, and cash is used in everyday use to transact buying and selling. both have their respective advantages and disadvantages
BlackBeauty
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December 09, 2017, 07:46:31 PM
 #2237

money is better than bitcoin because money is easy to use and also money does not need internet, and cash is used in everyday use to transact buying and selling. both have their respective advantages and disadvantages
because bitcoin is for those people who have internet connection and  the most of that is  education because educators can do any task but than cash is much better because cash is use in every where and anytime, cash can easily replace  one  place to another place without any problems but bitcoin want to internet and many more things.   
Andria123
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December 09, 2017, 08:12:42 PM
 #2238

As we know cash onhand Is always a great idea and needed now a days,than credit cards/ ATM banks/ in other mentioned method payments, cash is always a policy were ever we go,if we have cash onhand they will entertain us as a good customer or buyers

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December 09, 2017, 08:30:49 PM
 #2239

It is good to have more of both cash and bitcoin. I feel bitcoin has more ways and means for exponential growth. Of course, we do not want to keep everything in one basket. So try to diversify and hope the market won't crash down anytime soon Tongue

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December 09, 2017, 08:33:10 PM
 #2240

Really if the cryptocurrencies continue to grow in this way, each one would have its advantages. and they are very different things. They have no point of comparison, although the cash is not compared.
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