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Author Topic: Why Cash is better than Bitcoin.  (Read 99292 times)
Bloopran5679
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January 15, 2018, 11:33:12 AM
 #2701

The only time cash is better than Bitcoin is if we need it to spend on something immediately. Other than that reason, holding Bitcoin is better since we could get more value for our money through Bitcoin's price appreciation.
sirkings0003
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January 15, 2018, 11:37:34 AM
 #2702

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 have a different view about this. Even though both are means of payment for goods and services, they have their different advantages and diadvantages.
With bitcoin it takes minutes for someone in another country or continent to get paid, you can't do that with fiat currency.

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sisira85
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January 15, 2018, 11:57:52 AM
 #2703

We can't say that cash or bitcoin are better. They have different function.
bitcoin isn’t recognized as official currency by central bank.
So, day to day life cash is much better than BTC but bitcoin is better for future.

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VenturaBro
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January 15, 2018, 12:00:33 PM
 #2704

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
paper is too heavy, plastic is bad for climate, and governments dont even print all the money they emit anymore, they just give banks permission to write down how much they own. and then there is bitcoin, which is spread around the world is better encrypted then banks does not make u lift colored papers and relies on computing power competitions to go on forever. this does not answer any questions, on the personal level, pushing buttons is much more comfortable then reaching into pockets, and button pushers of the world are trying to move past country lines by supporting currencies without built in maps. i think will of the people is free world and blockchain technology can be a useful tool for softly reshaping status quo into it
Jiddyyy
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January 15, 2018, 12:05:28 PM
 #2705

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
Yes true, bitcoin can use in all of the malls, market, food chain, and in all store unlike bitcoin there is only few branches who take bitcoin as a payment. Cash is less hassle compare to bitcoin because bitcoin has many stages for you to exchange it in money and also there is no added tax if you cash it out. But I'd like to have bitcoin than cash why? Cash is in your hand you can spend it anytime unlike in bitcoin. And bitcoin value is volatile which it may falls down or rise up which is good.
Aldi888.
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January 15, 2018, 12:09:22 PM
 #2706

ya i agreed with you , cash has no risk being scammed but you can still getting robed
it's realy easy to get transaction with cash that's one reason i love cash than btc
Napole0n
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January 15, 2018, 12:12:43 PM
 #2707

There are many countries that do not accept bitcoin for technological or economic reasons, so bitcoin will not be the first payment option there. Fiat is the only way for the greater part of the world. That does not mean better cash, they are not ready to buy bitcoin.

Can be said almost all countries banned bitcoin, but fortunately that bitcoin users spread evenly in various countries so that this does not affect anything, even the price continues to increase from day to day.
CHENIEN
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January 15, 2018, 12:15:17 PM
 #2708

Cash money are all around use to buy for something needs that's why we can say that money is better than bitcoin, bitcoin is also better because it will change and convert into cash money with high value. But money is legally used by government unlike bitcoin it is not legally endorse by government. The comparison of two why money is better than bitcoin it is because of the legality.

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laravuemaster
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January 15, 2018, 12:21:02 PM
 #2709

ya i agreed with you , cash has no risk being scammed but you can still getting robed
it's realy easy to get transaction with cash that's one reason i love cash than btc

Then you should not be in this forum if you do not like bitcoins, cryptocurrencie's value is keep on increasing each day and because of that, We should invest or work on bounty campaigns in order to earn coins and we can decide to join trading or focus on working, So it only means that cryptocurrency is still more profitable than fiat.

X2PR8888
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January 15, 2018, 12:24:17 PM
 #2710

I think one can say that cash is better than coins for now simply because it is the leading form or means to trade, invest, purchase, and pretty much everything when it comes to use of finances in everyday living.  Cash is leading the race for reasons also that includes popularity and convenience to almost everyone and anywhere in the world.  If you have cash, you can almost always be sure that if you go to even the remote places on Earth (with existing civilizations of course), cash is recognizable.  Anyone would know that it is worth something and that cash, lots of it, equates money readily at your disposal.   Also, cash is better for now because we don't have a lot of merchants which accepts bitcoins just yet.  We are progressing towards having more of that but it's only doing so in those countries where bitcoin is more accepted.  

Who knows, maybe in the future, bitcoins may truly be more popular to the majority of mankind but for now, let's take it steadily and see where and how soon we can get to that status too.

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charlemagne_15
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January 15, 2018, 12:28:15 PM
 #2711

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
Yeah right,  this will serves many people in some things in their lives like they don't mind paying some things. No fees for the transactions and also work offline 100%.

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pogitayo
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January 15, 2018, 12:48:23 PM
 #2712

I beg to disagree with this sir. I find bitcoin is better compared to our fiat money. First, it is better in terms of value. Second, it is better in terms of easy gain and invest. Lastly, easy to earn.
Epimetheus
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January 15, 2018, 02:48:01 PM
 #2713



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
Bitcoin has achieved great heights of success but still I thing cash is better than bitcoin because firstly, cash is way more popular than bitcoin and has way more users than bitcoin so is in great use. Secondly cash has a physical entity whereas bitcoin is just a digital form of currency. Then cash is a stable form of currency and its value does not fluctuate whereas bitcoin is not a stable form of currency and its value fluctuate a lot.
macchiato
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January 15, 2018, 02:55:09 PM
 #2714

Bitcoin is not for buying you meals and groceries. It is meant for business purposes. The value of cash is eaten away by inflation time after time. Bitcoin and other alternative cryptocurrencies fluctuate and have greater strength when it comes to business world. Due to its volatility, its price can rapidly increase or decrease. Both money, be it digital or paper, are useful. Let us not confuse ourselves with their purposes and roles.

ceremonita
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January 15, 2018, 02:57:20 PM
 #2715

Bitcoin is not for buying you meals and groceries. It is meant for business purposes. The value of cash is eaten away by inflation time after time. Bitcoin and other alternative cryptocurrencies fluctuate and have greater strength when it comes to business world. Due to its volatility, its price can rapidly increase or decrease. Both money, be it digital or paper, are useful. Let us not confuse ourselves with their purposes and roles.

Cash is the valid thing everywhere in the world. No problem for spending it especially for usd currency let's say. That's why it's better clearly.
tuanvie
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January 15, 2018, 02:58:21 PM
 #2716

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

This things that you counted here, i also think the same way. Those things are the reasons why many people thinks that the cash is better than btc in daily payments.. but i also wanna believe that bitcoin will be easier to understand everyone someday.

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Interrobangz67
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January 15, 2018, 03:02:17 PM
 #2717

I don't think physical cash can be compared with Bitcoin. How about comparing online fiat transactions with Bitcoin instead? For now, Bitcoin may not be at its best, but after the lightning network, it will be a vast improvement which will beat bank/online transfers by 100 miles.
deepakg2m
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January 15, 2018, 03:10:48 PM
 #2718

I don't think cash is better than BITCOIN or even BITCOIN is better than cash.Both are equally important in different ways.For online transactions BITCOIN is the best whereas for instant and small transactions like in daily use at grocery shops or market cash is best.

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January 15, 2018, 03:14:48 PM
 #2719

Because cash as the traditional currency, has many advantages, such as the use is convenient, is everyone agree that the advantages of no transaction fees, and the currency in the world only to a small group of people to accept
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January 15, 2018, 03:29:38 PM
 #2720

Right now, cash is definitely better than bitcoin because of the flexibility. You cant convert all your money to bitcoin because you will not have anything to use if you want to buy something. As good as the bitcoin technology, it is still dependent on the number of people that will accept it and the number of business that will offer transactions via bitcoin.

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