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Author Topic: Why Cash is better than Bitcoin.  (Read 99287 times)
twicezeroiszero
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December 18, 2017, 11:04:46 PM
 #2361

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
Because cash is acceptable worldwide unlike bitcoin there are some countries that ban bitcoin.
Not all stores/malls/stalls know about bitcoin thats why cash is better than bitcoin right now.
Cash is not comparable with bitcoin because if you dont have cash you cant buy bitcoin.
The advantage of bitcoin is transfer money to other country it is much easier than to go to money remittances.
Well it’s something strange for me that cash is better than bitcoin everything have its own value on its own place so cash have it son value and as we know that everything is going to digital so bitcoin is also a digital currency and it’s trying to make life easy and safe bitcoin have a lot of good qualities which cash money don’t have bitcoin price is very high than any other currency and it provide a lot of good opportunity for earning so I will prefer bitcoin on cash.
If you are the trader or investor of Bitcoin, of course, you thought it is good for your life.
However, try to think the normal user want to use Bitcoin for daily.
It is very hard to spend money to pay for small deal.

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cdog
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December 19, 2017, 12:01:04 AM
 #2362

Because cash is m0re convinient to buy anything and everything than bitcoin.. But if u have bitcoin there are so many process to become a m0ney or cash.
well, then Bitcoin will never be able to replace cash because cash is the identity of a country and has become part of human life
electronix11
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December 19, 2017, 12:09:35 AM
 #2363

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 only thing that keeps me for using cash rather than bitcoin is its centrality it used in all kinds of transactions, world widely accepted form of currency. it is also can be use offline unlike that of bitcoin, though bitcoins value is rather higher.
changcloy
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December 19, 2017, 12:25:33 AM
 #2364

bitcoin is more better in cash it is because you can control your self not to spend your bitcoin because you know that the more you hold your bitcoin there is the big possibilities that it will be more profitable. and if you want to go in the other countries you can use bitcoin for payments while in cash sometimes you can spend it without thinking because it is already in your hand or let's say it is easy to spend the money.
GloriousDonkey52
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December 19, 2017, 01:35:24 AM
 #2365

bitcoin is more better in cash it is because you can control your self not to spend your bitcoin because you know that the more you hold your bitcoin there is the big possibilities that it will be more profitable. and if you want to go in the other countries you can use bitcoin for payments while in cash sometimes you can spend it without thinking because it is already in your hand or let's say it is easy to spend the money.

There are still some instances why cash is better than bitcoin. Example, if you want to buy something where bitcoin is not accepted. Remember bitcoin is not accepted yet anywhere.
Tiktik
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December 19, 2017, 01:37:38 AM
 #2366

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 than bitcoin because no fiat  and if you have bitcoin your bitcoin is like a stone because you will not used this to buy because as far as now bitcoin is not virtual money you need cash or fiat to  convert it and buy anything.
Isaacck1
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December 19, 2017, 01:38:13 AM
 #2367

Yes, cash is better in some aspects, and bitcoin also has aspects that beats cash. Cash is accepted everywhere, you can use it as long as you have it in your wallet. But as time passes by, buying and selling becomes more digital than it used to be. Neither of the two, bitcoin and cash, can beat the other. I always think like this, bitcoin is created to fill the gaps of fiat. So in my opinion, they must coexist in order to function properly.
GloriousDonkey52
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December 19, 2017, 01:42:06 AM
 #2368

Yes, cash is better in some aspects, and bitcoin also has aspects that beats cash. Cash is accepted everywhere, you can use it as long as you have it in your wallet. But as time passes by, buying and selling becomes more digital than it used to be. Neither of the two, bitcoin and cash, can beat the other. I always think like this, bitcoin is created to fill the gaps of fiat. So in my opinion, they must coexist in order to function properly.

I don't think they will coexist, Bitcoin has already beaten the world's currency which is the USD. I wonder if bitcoin will create its own paper money.
KrishaBitcoin
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December 19, 2017, 01:47:35 AM
 #2369

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

Because cash can be use anywhere in the world and can be use by anyone even by the children as long as they know how to buy unlike bitcoin you will need to look for the internet connections and establishements that will accept bitcoin transactions.

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mithon2017
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December 19, 2017, 02:18:11 AM
 #2370

Cash is better than Bitcoin. On the other side, there are many country that don't accept Bitcoin for modern technology or economical reason. So Bitcoin is won't  the first payment choice there. Fiat is the biggest way  for the bigger part of hole world.. it doesn't mean that  cash is better. They are just not ready for Bitcoin. I believe that, once upon a time there government accept Bitcoin and every people use it...
GloriousDonkey52
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December 19, 2017, 02:33:46 AM
 #2371

Cash is better than Bitcoin. On the other side, there are many country that don't accept Bitcoin for modern technology or economical reason. So Bitcoin is won't  the first payment choice there. Fiat is the biggest way  for the bigger part of hole world.. it doesn't mean that  cash is better. They are just not ready for Bitcoin. I believe that, once upon a time there government accept Bitcoin and every people use it...

I don't think that some governments will not accept bitcoin as a currency for the reason that it is decentralized.
Joriecoinbit
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December 19, 2017, 02:55:53 AM
 #2372

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

Because cash can be use anywhere in the world and can be use by anyone even by the children as long as they know how to buy unlike bitcoin you will need to look for the internet connections and establishements that will accept bitcoin transactions.

Cash is more convenient to use than bitcoin because you're not required to have a gadget or internet connection to make a transaction. When you buy something, there's no need to wait for an hour to confirm your transactions. And cash is accepted worldwide and can be used anywhere in the malls or stores. Although, you only gain profit in your cash if you put it in a bank unlike in bitcoin. Also, cash has a fixed amount while bitcoin is volatile. Overall, if you're not aiming for earning profit, cash is better to use but if you're aiming for earning profit, then use bitcoin as its price keeps on fluctuating.
ellabanana
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December 19, 2017, 03:10:29 AM
 #2373

I still think bitcoin is way better, coz you can transact money anytime and anywhere.

iMark
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December 19, 2017, 03:37:36 AM
 #2374

Cash is better than Bitcoin. On the other side, there are many country that don't accept Bitcoin for modern technology or economical reason. So Bitcoin is won't  the first payment choice there. Fiat is the biggest way  for the bigger part of hole world.. it doesn't mean that  cash is better. They are just not ready for Bitcoin. I believe that, once upon a time there government accept Bitcoin and every people use it...

I don't think that some governments will not accept bitcoin as a currency for the reason that it is decentralized.
yeah I think the reason cash is better than bitcoin is because cash is more accepted in all stores while bitcoin is only a few stores that accept bitcoin for payment and bitcoins are not legal so a lot of people more rely on cash for their primary payments, but when bitcoin has become legal and accepted in many places, I'm sure there will be many people who will use bitcoin and bitcoin will be better than cash someday,,
Boov
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December 19, 2017, 03:45:21 AM
 #2375

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

Well, Basically speaking, Cash and Physical money is better than Bitcoin. Bitcoin is only a way in which a earner or a Bitcoin investor will have a lot of money. Bitcoin is a business in which a investor will get rich if he/she having hardwork for this kind of business. Cash and ATM cards etc. can buy a lot of things while Bitcoin is very limited. In terms of currency, Bitcoin has the power to increase its price time by time, day by day. Indeed, People using cash because they can purchase and buy many things while in bitcoin, Many stores don't allow Bitcoin as one of the mode of payment in their stores and shop.
semutracing
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December 19, 2017, 04:09:27 AM
 #2376

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

transactions using cash or digital each has its advantages and disadvantages, if you use cash money does not need internet connection or intermediary, but if using digital money for example bitcoin you need internet connection but the excess with digital money you do not need to bring money physically
pelipurlara
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December 19, 2017, 04:18:47 AM
 #2377

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

indeed there are some countries not only venezuala where the population prefer cash instead of using bitcoin, because the country has not legalized bitcoin currency, so they prefer to transact using cash money
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December 19, 2017, 06:56:56 AM
 #2378

Yes, cash is better in some aspects, and bitcoin also has aspects that beats cash. Cash is accepted everywhere, you can use it as long as you have it in your wallet. But as time passes by, buying and selling becomes more digital than it used to be. Neither of the two, bitcoin and cash, can beat the other. I always think like this, bitcoin is created to fill the gaps of fiat. So in my opinion, they must coexist in order to function properly.

I don't think they will coexist, Bitcoin has already beaten the world's currency which is the USD. I wonder if bitcoin will create its own paper money.
I think it is unlikely Bitcoin will issue banknotes, will many countries oppose it because every country already has paper money and become a symbol of the country. if Bitcoin really took out the paper money then this would cause a hard controversy
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December 19, 2017, 07:08:09 AM
 #2379

While some countries are cautious about crypto-currencies. But such examples as Japan show how bitcoin affects the economy of the country. In most countries, bitcoin can not replace the Fiat, but this is so far))

EdfuJihad
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December 19, 2017, 07:16:42 AM
 #2380

Cash has been use through ages, and still, a big percentage in population is in need of use of this medium because not all can access in the Internet, in short not all can use e-currency because of the status and place of living. Until now, not all people know about bitcoin so i think the maximization of the use of bitcoin will only depend in the percentage of civilized places.
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