Why Bitcoin is better than Cash.

[hua_hui]

I wont really agree that bitcoin is better than cash at this point of time cause my country still depend heavily on cash. However, i believe in bitcoin for a lot of reasons. I have been using bitcoin as a main source of platform to sell my items. Bitcoin is very good in seller protection. It also have the least fee so i can perserve the value of my items. In addition, bitcoin growth wealth for me. So having bitcoin is definitely good for me, but i also have to depend on cash right now and until the day where my country was full force into digital cash, bitcoin will be the moment that can took over my overall asset.

[Xenoph0bia]

Its always good to count the the advantages of bitcoins; Yes, I also think that bitcoins is much better than cash. But I think there is a need for mass awareness regarding these benefits among the people who are not familiar with the bitcoins.

[taliwang]

In my area bitcoin may be meaningless, because there is not any facility to spend bitcoin, before we make it bitcoin cas cash we can not use. so for me the cash is more important to use.

[Kakmakr]

What are the reasons, why people use Cash or Credit Cards / ATM / Banks?

~ Cash is more anonymous than Bitcoin, so it is better suited to be used for money laundering and drugs
~ Cash is excepted everywhere
~ Cash is easier to understand
~ Cash is easier to counterfeit
~ Credit cards can be stolen
~ Credit card information are stored online and it is a favourite source of income for hackers.
~ Fiat ATM's is everywhere you look. < There are only few Bitcoin ATM's in every city >
~ Banks offer consumer protection < transaction reversal & theft cover >

Each of these technologies have it's advantages and disadvantages.  

[Schuyler]

In some aspects, bitcoin is better than bitcoin, but for as long as we are basing the price of bitcoin on fiat, then it is obvious that it is secondary to our everyday money. As good as having bitcoin is, it would be worthless if you can’t use it or exchange it in a world where fiat is still the preferred currency. Maybe many years from now when bitcoin has established itself as a major currency, then I might be singing a different tune.

[Wingo]

It is always better, digital currency has a lot more potential than the physical cash or the paper currency. The problem is that bitcoin is not legalized in all countries and its use to everyday living is limited.

[zarados]

I always think that a cashless is always better than cash. first, I love to do every single of my transaction with debit card than a cash, even since I know bitcoin technology. But the problem is in my country , there still a few merchant that accept it. of course, I'll move on to bitcoin if its already accepted in whole market place. btw, I know some point, why I think cashless is better than cash because :
- Easy to bring, just need 1 card or smartphone (for example)
- you'll always pay with fixed price
- You're safe from thieves / pickpockets  
- Practice.

[rockyboy]

What are the reasons, why people use Cash or Credit Cards / ATM / Banks?

Convenience.

Try buying your groceries, paying your bills, paying rent, paying your taxes and all of that with Bitcoin. It is hard because only a minuscule portion of merchants accept it. You cannot survive without fiat.

Give all your fiat to me if you want to burn them.

Exactly! All of us can't survive without fiat. It is being used around the world.

[lusiaga]

I always think that a cashless is always better than cash. first, I love to do every single of my transaction with debit card than a cash, even since I know bitcoin technology. But the problem is in my country , there still a few merchant that accept it. of course, I'll move on to bitcoin if its already accepted in whole market place. btw, I know some point, why I think cashless is better than cash because :
- Easy to bring, just need 1 card or smartphone (for example)
- you'll always pay with fixed price
- You're safe from thieves / pickpockets  
- Practice.

yeah i totaly agree. because you only need internet connection to spend it. no need confirmation from other part. fast and securely. no one can thiev your balance till they have your private key or password. no one can hack your key.

[lisa255]

It is always better, digital currency has a lot more potential than the physical cash or the paper currency. The problem is that bitcoin is not legalized in all countries and its use to everyday living is limited.

legalization bitcoin is not necessary for him to be free to use. In many countries, the crypto currency is not legalized, but it does not prohibit it from being used privately.
But it is often easier for us to use cash than by crypto currency. But soon this problem will be solved, because the popularity of crypto currency is growing

[Obytwenty]

Currently both of them it's important for daily life when you invest both in right way you can getting more profits

[bitcoinsocial09]

What are the reasons, why people use Cash or Credit Cards / ATM / Banks?

Look at the benefits of bitcoin.

* Works online 100%, 100%transparent for private and commercial use. Total control of private or public money for it's holder or holders, investors, governments etc.
* As It's works online there no need of expensive steel safes or bank deposits to keep your money safe. Any password or time code can be used.
* No fees. Unlike cash, hasn't 2%-3% of inflation every single year.
* Accepted for Food Shopping & Micro payments via electronic card.
* 0 confermations time, with introduction of "instant pay" function.
* 0 exchange risks in use of proper securities and competent insurance.
* any entrepreneurs is able to understanding of the value of payment.
* No need for pay terminal for small businesses. For small entrepreneurs it's a high expense of 70 bucks every month.
* Theoretically it's would not be needed to have an expensive licensed cash register, for small entrepreneurs, as every transaction is totally transparent. So cases of black money flow would be easily found and proven.
* Banking and gambling. No need of any verification for CFD,Stock,Currency or gambling services.

Bitcoin is better than cash.Yes it is very true.Because you only need internet connection to spend those bitcoins. No need confirmation from the other part. We can also spend our bitcoins fast and secured. You just need to provide private key or password for your bitcoin account. And also with bitcoins, the value of our money increases while in cash our money just remains idle.

[chesegrinder]

first you can transfer huge money without tracking where it goes. Small transaction fees. IMO bitcoin is better than cash as right now many business and industry accepting bitcoin. but if government will go inside bitcoin and legalized it there are regulations and tax.

[DoublerHunter]

Bitcoin is better than cash because it is a all in one tool. We can use it as a money for payments and also as an instrument for investing and we can also do a lot of things with bitcoin like using it as a capital for trading some of the other or alternative cryptocurrency in the market to bring more profits and for the best thing that i like is, the price of bitcoin is not stable and in long term chart it shows that the price of bitcoin is constantly moving up and that is why it is the best currency for me.

[Wa(t)ch_night()]

This forum is mostly attended by people who already know about the advantages of bitcoin, and the rest may not even have the Internet to use it and they are forced to use cash.

[Slark]

What are the reasons, why people use Cash or Credit Cards / ATM / Banks?

Look at the benefits of bitcoin.

* Works online 100%, 100%transparent for private and commercial use. Total control of private or public money for it's holder or holders, investors, governments etc.
* As It's works online there no need of expensive steel safes or bank deposits to keep your money safe. Any password or time code can be used.
* No fees. Unlike cash, hasn't 2%-3% of inflation every single year.
* Accepted for Food Shopping & Micro payments via electronic card.
* 0 confermations time, with introduction of "instant pay" function.
* 0 exchange risks in use of proper securities and competent insurance.

- It is true BTC works all the time, but look at long confirmation times and possible technical difficulties people might experience while using bitcoin 100% transparency is not good for everyone either.
- We can keep money in the bank, it is comparable, we don't need to keep it stored in our basement
- There are fees for every bitcoin transacion which pretty much negates bitcoin microtransaction potential
- It is still not basic feature of BTC and not something everyone can use
- I would like to see that 0 confirmation time transactions introduced and working for every single tx

[milewilda]

Cool that you're posting this here, but I don't think this is the right place. Most people who come here already know the advantages of bitcoin.

You probably should post it on a 'regular' forum where people don't know about bitcoin. It's better to spread awareness there then here.
Telling your friends/family also works better than posting here.

You said was right and this post should really be on the forum or any other place on which people didnt even know on what is bitcoin because on here most people do really know already on the usage and benefit of bitcoin and it is really much better compared to cash regarding on making online payments with less fees which people would really love to use and not only that you can able to make money on it too.

[calandra78]

It is always better, digital currency has a lot more potential than the physical cash or the paper currency. The problem is that bitcoin is not legalized in all countries and its use to everyday living is limited.

Yes it is true that bitcoin is a digital currency that is supported by the blockchain so it has a pretty strong security and are more likely to develop. miners and developers concerned with bitcoin forming hard or fork called bitcoin cash working transparently. It also has raised concerns about the security of the bitcoin cash. so safety is superior in the bitcoin.

[qwertyup23]

What are the reasons, why people use Cash or Credit Cards / ATM / Banks?

Look at the benefits of bitcoin.

* Works online 100%, 100%transparent for private and commercial use. Total control of private or public money for it's holder or holders, investors, governments etc.
* As It's works online there no need of expensive steel safes or bank deposits to keep your money safe. Any password or time code can be used.
* No fees. Unlike cash, hasn't 2%-3% of inflation every single year.
* Accepted for Food Shopping & Micro payments via electronic card.
* 0 confermations time, with introduction of "instant pay" function.
* 0 exchange risks in use of proper securities and competent insurance.
* any entrepreneurs is able to understanding of the value of payment.
* No need for pay terminal for small businesses. For small entrepreneurs it's a high expense of 70 bucks every month.
* Theoretically it's would not be needed to have an expensive licensed cash register, for small entrepreneurs, as every transaction is totally transparent. So cases of black money flow would be easily found and proven.
* Banking and gambling. No need of any verification for CFD,Stock,Currency or gambling services.

Reasons on why people use cash or credit cards, ATM and Banks:

- Cash is used everywhere and is seen as the main medium of exchange across the entire world. Every country has its own denomination of cash and the government prohibits the exchange of it;
- Not everyone is knowledgeable and aware about the existence of bitcoins;
- Almost all of the stores, retails, and shops use cash or credit cards as payment for their product or service;
- It is relatively easy to acquire cash compared to bitcoin; and
- NOT EVERYONE HAS ACCESS TO THE INTERNET ESPECIALLY SOME DEVELOPING COUNTRIES

Though we all know that bitcoin may be superior in terms of its value, cash is still the most relevant exchange around the world. People may see bitcoin as emergency cash or investment, but the fact still remains that it serves as payment for our future needs. You are definitely right about the advantages of bitcoin compared to cash but implementing the system of bitcoin as the main medium of exchange may potentially destroy the economy of some countries due to its nature being hard to regulate and on the internet itself.

[YuginKadoya]

It is always better, digital currency has a lot more potential than the physical cash or the paper currency. The problem is that bitcoin is not legalized in all countries and its use to everyday living is limited.

Yes it is true that bitcoin is a digital currency that is supported by the blockchain so it has a pretty strong security and are more likely to develop. miners and developers concerned with bitcoin forming hard or fork called bitcoin cash working transparently. It also has raised concerns about the security of the bitcoin cash. so safety is superior in the bitcoin.

Superiority over all Cryptocurrencies I think all of us really know what is the number one Coin out there and I think no altcoin can ever beat that even though we are experiencing dips right now there is no way the value of bitcoin would surely go down and another coin would conquer over it, and I think a Hard Fork is necessarily to occur because that would surely update bitcoin to the next level.