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Author Topic: Why Cash is better than Bitcoin.  (Read 99323 times)
Paycoinzzz
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January 05, 2018, 04:25:25 PM
 #2581

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
Since bitcoin is not accepted by all economies as a medium of exchange, cash would be still be the preferred means for transactions. Not that holding cash is better than BTC but is because of acceptability and transaction delays
In my opinion, it just depends on your purpose to use cash or Bitcoin for speculation or payment.
I do not think Bitcoin is an investment, because with the volatility of Bitcoin, I think it is not reasonable to call an investment form.
xsudo23
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January 05, 2018, 04:54:22 PM
 #2582

Since you are only asking for the advantages of cash over Bitcoins
Here are few of the advantages :
1) Cash is widely accepted all over the country.
2) Bitcoin is illegal in many countries.
3) The rate of your domestic currency remains same.
4) Rural places where internet and other gadgets aren't available. Cash comes in handy

Raisa263616
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January 05, 2018, 05:02:50 PM
 #2583

There is many things that say money is better then bitcoin.
1.The most attractive things is money is accetplable thing in over the world.
2.Money can use cash or digital way.
3.You can't use bitcoin without convert it any local currency.
4.Money is smae rate in everywhere.
5.where internet is not available there u can't use anythin without money.

EVYFZ
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January 05, 2018, 05:26:00 PM
 #2584

for real money you can buy everything, so appreciated
zlatan07
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January 05, 2018, 05:29:13 PM
 #2585

I don't think so.
There are still many people in the world that don’t have bank accounts, while internet access is easier. Bitcoin permit them to pay others easier than bank transfer and credit cards for transactions.
djlasdlsk
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January 05, 2018, 05:34:19 PM
 #2586

Cash is better for smalll shops,they don't know about the bitcoin.bitcoin is better for world wide online transactions.
Rascar Capac
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January 05, 2018, 05:34:28 PM
 #2587

Not everyone knows about bitcoin, and they can think that this might be scam. Also, it has no fee (kind of) and you can use them almost in everything without any problem.
Cryptoshops
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January 05, 2018, 05:38:52 PM
 #2588

If it wasent for cash most cryptocurrenys would be worthless. What do people do ? they buy Cryptocoins  only to re-sell for real money so they are only using crypto as a way of making real money  You do not see a lot of everyday shops who accept cryptocurencys If that changed,  then just maybe at some point Cash or Fiat which ever you want to call it could be done away with.
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January 05, 2018, 05:42:45 PM
 #2589

It dependes on your perspective if you prefer no risk at all then stick to the fiat if you want more money but risky then stick to bitcoin. If I were to be ask I prefer bitcoin because bitcoin for me has endless possiblities although it contradicts all your statement sir it is still challenging and worth to take the risk.
rickn
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January 05, 2018, 05:47:10 PM
 #2590

Fiat is accepted in all places, BTC has a lot of work to do to get accepted by business. Some people say that BTC will become the new Gold 2.0 and it will never be a currency. Anyway, BTC needs to solve its network issues as soon as possible.
SarahAfiah
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January 05, 2018, 05:55:12 PM
 #2591

cash money is the best way to enjoy the results of bitcoin. if we have ten thousand bitcoin but can not convert to cash money would be useless but if cash money has a strong appeal to have the selling value and every country mengakuinnya. but we never know what happens in the future it could be bitcoin to be one of the legalized and accepted currency worldwide

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muhdede
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January 05, 2018, 06:18:27 PM
 #2592

cash money is the best way to enjoy the results of bitcoin. if we have ten thousand bitcoin but can not convert to cash money would be useless but if cash money has a strong appeal to have the selling value and every country mengakuinnya. but we never know what happens in the future it could be bitcoin to be one of the legalized and accepted currency worldwide
I also feel the same, cash money is able to dominate all these existing investments like we need cash money in large quantities. every day and night people need cash money to survive in the real world is different from bitcoin that only exist in the digital world that has no direction of purpose

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lunaalthea
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January 05, 2018, 06:34:16 PM
 #2593

Seriously? You are actually asking this? Of course cash is better than bitcoin in many ways. It is used in exchange of goods since forever. It is a tangible asset and liquidity is faster. This is why we convert bitcoin into cash right?

bitcoinzen
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January 05, 2018, 06:40:48 PM
 #2594

by 2020 every one will use digital currency and evens banks too wont accept cash deposit
Melvin Narag
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January 05, 2018, 06:44:20 PM
 #2595

Cash can buy anywhere can use anywhere and  bitcoin u can buy thru online  and can pay online
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January 05, 2018, 06:53:20 PM
 #2596

Recently my friends ask me that they want to join Bitcoin community. But their first question was why should I even use Bitcoin when I have banks, I told them that banks use our money to pay us services but Bitcoin don't and I have recommended them some sites like bitcointalk and Bitcoin.org. People basically afraid of because they think it is a type of scam or related to a terrorist organization. so everyone should spread awareness so everyone will get the clear understanding of Bitcoin.
BlackBeauty
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January 05, 2018, 06:56:57 PM
 #2597

Seriously? You are actually asking this? Of course cash is better than bitcoin in many ways. It is used in exchange of goods since forever. It is a tangible asset and liquidity is faster. This is why we convert bitcoin into cash right?
Cash is better than bitcoin because some people cannot join bitcoin so cash is better for them and secondly you cash is in your pocket and you can easily spend cash, but bitcoin use for those people who better know online work and they can earn and invest in online forum, so bitcoin is much better for those people who know about its use.
Basaleyi
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January 05, 2018, 07:52:44 PM
 #2598

Real money or cash has only one advantages where you can use to buy basic needs in daily life but soon bitcoin and other alts will be acceptable widely even it is possible to buy a cup of coffee with it .

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January 05, 2018, 08:01:05 PM
 #2599

Seriously? You are actually asking this? Of course cash is better than bitcoin in many ways. It is used in exchange of goods since forever. It is a tangible asset and liquidity is faster. This is why we convert bitcoin into cash right?
Is cash always better?
Take a large amount of money = 20BTC, and go with it to another country, to buy an apartment. How will you manage to do this?
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January 05, 2018, 08:08:57 PM
 #2600

Everything has own value and advantages. It is hard to say which is better. I think they can develop together. And the human will have profit

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