It's Simple to understood now cash is king again

[MoonOfLife]

I agree, cash is still king so far, if you are at war with Russia and Ukraine now cash will help you a lot. But if it's bitcoin and other assets, I'm really not sure, there's no electricity in Ukraine right now, so I don't know how people will use bitcoin. Although cash is being criticized as inflationary and centralized, it is still something that people aim for, every transaction in life is still cash. For those of you who are criticizing cash or fiat money, I hope they will have to wear a mask when using money, because they always criticize it but still use it every day.

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[Gozie51]

For those of you who are criticizing cash or fiat money, I hope they will have to wear a mask when using money, because they always criticize it but still use it every day.

A single person or few people can not over take the majority in decision or things like throwing away cash. It presence is still felt all around the world even in war zone like Russia and Ukraine like you mentioned. They are only struggling to modernize the system into cashless so that it is not carried about and that prevent more security challenges. This is going to last longer before cash could go off the street but that is very difficult with the challenges of internet, so many traditional users of cash which are those above 40 years are still around and that is a challenge already in taking away cash from the system.

[sana54210]

This idea i will say that it's a lay man ideology, actually what this topic should have be emphasizing on, should be that money is the key of human surviver, actually from my perspective money which you refer as Cash is very important and before you can not survive without money and it's obvious from my perspective.

Lay man or not, i think the ideology span across every level of human thinking, money makes the world functioning properly, without money or any legal medium of exchange nothing can be done easily.
For the OP to make reference to cash as king is not far from the truth. Despite the economic turbulence of our present times, people keep striving to earn a living, you need cash to exchange for any desired goods of choice, the era of trade by barter is long gone, cash is now required to trade.

Cash is the money you hold in your hand, it's not the money in your bank account. It means that the world doesn't revolve around cash anymore, in fact there are very few things you could do with cash to be fair and it's going to end up being something that is rare in the most cases.

This is why I honestly believe that it's not a smart idea to end up with a big reason to keep or consider cash asking anymore, it's quite boring and shouldn't be considered as something that is needed anymore neither. I personally believe it's a useless thing and so does many other people. That doesn't mean it's not used at all, but bitcoin is used a lot more probably.

[Adbitco]

You know I have been trying to comprehend what you meant by cash.
If in a case cash is the most important thing for now I wonder why would people invest in cash instead of Real Estate, Bitcoin or Gold and any other investment out there.
I think seeing cash as the King could only be connoted as 'before anyone buys physical good and property him or she has to use cash (fiat) as a means of payment and it's more generally acceptable than any other currencies out there but not limited to bitcoin, as bitcoin max adoption is wide spreading'.

[virasisog]

I agree, cash is still king so far, if you are at war with Russia and Ukraine now cash will help you a lot. But if it's bitcoin and other assets, I'm really not sure, there's no electricity in Ukraine right now, so I don't know how people will use bitcoin. Although cash is being criticized as inflationary and centralized, it is still something that people aim for, every transaction in life is still cash. For those of you who are criticizing cash or fiat money, I hope they will have to wear a mask when using money because they always criticize it but still use it every day.

Bitcoin is beneficial in many means but cash is still more convenient in some countries, especially for those who are facing war and have no electricity supply. I'm sure that if things are well for Ukraine, they will surely use Bitcoin but since they are in the midst of a crisis, they still need to use fiat. Cash will always dominate because it is the traditional currency and even huge businesses can't continuously adopt crypto because people still prefer fiat.

[EluguHcman]

Money as a cash has overruled the world and even be control to the leaders of the government and it's followers with a high voltage of conditional charges leaving humans  thoughts terrifying with a devilish impact's.

Money rules and it's indeed a king of context which everyone bows to as a means of exchanges on on the trading affairs.

It's most essential to the people, by the people and for the people which governs the governance entirely.

[Mr. Magkaisa]

You know I have been trying to comprehend what you meant by cash.
If in a case cash is the most important thing for now I wonder why would people invest in cash instead of Real Estate, Bitcoin or Gold and any other investment out there.
I think seeing cash as the King could only be connoted as 'before anyone buys physical good and property him or she has to use cash (fiat) as a means of payment and it's more generally acceptable than any other currencies out there but not limited to bitcoin, as bitcoin max adoption is wide spreading'.

      -   Because there are other things that require physical money. And there are other things that physical money, and electronic card payments (credit card, Bank card/ATM card) are accepted at a business merchants.

For example, like us who believe that Bitcoin is a good investment, in order to be able to buy it we will pay our money via Bank account, credit card, or ATM or e-wallet apps to enter the p2p to exchange platform

[Adbitco]

You know I have been trying to comprehend what you meant by cash.
If in a case cash is the most important thing for now I wonder why would people invest in cash instead of Real Estate, Bitcoin or Gold and any other investment out there.
I think seeing cash as the King could only be connoted as 'before anyone buys physical good and property him or she has to use cash (fiat) as a means of payment and it's more generally acceptable than any other currencies out there but not limited to bitcoin, as bitcoin max adoption is wide spreading'.

      -   Because there are other things that require physical money. And there are other things that physical money, and electronic card payments (credit card, Bank card/ATM card) are accepted at a business merchants.

For example, like us who believe that Bitcoin is a good investment, in order to be able to buy it we will pay our money via Bank account, credit card, or ATM or e-wallet apps to enter the p2p to exchange platform

That's is why we need cash despite we seeking for bitcoin to be generally accepted and legalized in the globe. However we should be able to place Cash where it should be and also put bitcoin in its place, but the purpose why it was created is to foster the means of transaction where cash is limited bitcoin would scale through.

[BenCodie]

When it comes to liberties and freedoms in comparison to digital money, the "cash is king" phrase might hold some ground. Though when it comes to storing value and preserving wealth, the phrase is far from accurate.

Gold, silver and Bitcoin, all have a limited supply, while Cash/fiat money can be created at the will of those who are in control of it. As more cash is created, wealth stored in cash is deteriorated. Less assets, goods and services can be purchased over time, contrarily asset values in comparison to cash increase (not just due to demand increase from less appealing money, but because money supply increases).

Don't delude yourself with the old phrase that cash is king. In this day and age, where money can be created exponentially and quickly, it is far from the truth when it comes to preserving wealth and storing value. Limited supply assets will only prevail in the current economic climate which most of the world are in.

[Poker Player]

This phrase was popularised after the stock market crash of 1987 by the CEO of Volvo, highlighting the importance of having liquidity.

The cash itself is garbage because of what has already been discussed, the devaluation due to inflation. But especially in times of crisis, what people need is liquidity. Either to meet payments, to avoid bankruptcy, or to buy cheap assets.

In the end, both for a company and for an individual, the smartest thing to do is to have a combination of financial assets, plus a cash reserve. Of the financial assets, ideally some that produce cash income, such as rental houses or companies that pay dividends.

Many people find themselves in crises such as the last real estate crisis, having assets that on paper were worth X a short time ago, but that today no one wants to buy if not at half the price and what they don't have is money, when it is needed more than ever. That is why, even if it is essentially garbage, it is necessary to manage a certain amount of cash or to be able to get it quickly in a healthy economy.

[DanWalker]

When it comes to liberties and freedoms in comparison to digital money, the "cash is king" phrase might hold some ground. Though when it comes to storing value and preserving wealth, the phrase is far from accurate.

Gold, silver and Bitcoin, all have a limited supply, while Cash/fiat money can be created at the will of those who are in control of it. As more cash is created, wealth stored in cash is deteriorated. Less assets, goods and services can be purchased over time, contrarily asset values in comparison to cash increase (not just due to demand increase from less appealing money, but because money supply increases).

Don't delude yourself with the old phrase that cash is king. In this day and age, where money can be created exponentially and quickly, it is far from the truth when it comes to preserving wealth and storing value. Limited supply assets will only prevail in the current economic climate which most of the world are in.

In terms of value, cash is nothing compared to assets with a finite supply like precious metals like gold, silver, or bitcoin. But regarding its needs and impact on our lives, it is still king of assets. We will still need and use it for many years before our world becomes fully digital. I even doubt that getting rid of cash entirely is very difficult when our world is not ready. The internet is not universal, the percentage of people who know how to use smartphones has not covered the world, so we will still need cash for many more years.

[Flexystar]

Yeah tell that to the local market here. They are selling the veggies at skyrocket high prices and gasoline and woods are off the chart. Obviously it does seem like cash is King again. It’s King of cruelty and injustice to the common man. Lolz. That’s how it is now and I am pretty sure it can only be sensed by common man who knows the daily struggle of living on optimum wages. Our salaries do not grow overnight but inflation can hit the door at anytime. It’s better we study the market before claiming something like this. Cash is cash. Its gonna react to the market the way we run the market. Gold has nothing to do with it.

[Vishnu.Reang]

It is absolutely true that cash is a king, There is a saying ''slang term reflecting the belief that money (cash) is more of investment tools, such as stocks or bonds.'' Cash is always king, there is nothing new without cash you didn't get anything, if u want something and if you have cash then there is 99% chance that you will get that. On the other hand if you don't have cash then a lot of things you will be available for you. There are some people who always  say that money is not important in front of love but in reality it never works that way.

[Texac]

There are some people who always  say that money is not important in front of l love but in reality it never works that way.

The people who always say that money can't buy happiness, money can't buy love are those who have not had a lover or are still looking for love with an empty pocket.  indeed, our lives are more pragmatic than ever, and without money, we would have nothing in this world.  i know this sounds harsh, but obviously, that's what's happening in our world, we need to accept the truth and adapt to it instead of always trying to hide from it.

[nur rochid]

There are some people who always  say that money is not important in front of l love but in reality it never works that way.

The people who always say that money can't buy happiness, money can't buy love are those who have not had a lover or are still looking for love with an empty pocket.  indeed, our lives are more pragmatic than ever, and without money, we would have nothing in this world.  i know this sounds harsh, but obviously, that's what's happening in our world, we need to accept the truth and adapt to it instead of always trying to hide from it.

I have also felt that way, I have felt the world as if it belonged to both of us and every day I feel happy as long as I am with him even though both of them don't have money, but if you have money then your happiness will increase. however, it is different when you have a family, in fact money becomes fertilizer for love, because as a man's behavior we have an obligation to make ends meet which turns out to be not just eating, in fact we are always dizzy, especially when we have children, sometimes we fight because of problems economics, and that's a normal thing, but believe that luck has already arranged it

[lunnatic]

There are some people who always  say that money is not important in front of l love but in reality it never works that way.

The people who always say that money can't buy happiness, money can't buy love are those who have not had a lover or are still looking for love with an empty pocket.  indeed, our lives are more pragmatic than ever, and without money, we would have nothing in this world.  i know this sounds harsh, but obviously, that's what's happening in our world, we need to accept the truth and adapt to it instead of always trying to hide from it.

It's just a cliché word because we can't lie that when we have money it makes us happy,
imagine when you want to buy something but we are in a condition of having no money,
I agree with your words and indeed it is better that we accept the facts or truth with patience.

[imamusma]

The people who always say that money can't buy happiness, money can't buy love are those who have not had a lover or are still looking for love with an empty pocket.  indeed, our lives are more pragmatic than ever, and without money, we would have nothing in this world.  i know this sounds harsh, but obviously, that's what's happening in our world, we need to accept the truth and adapt to it instead of always trying to hide from it.

Of course, money is everything in the paid world. Even worse when the government doesn't care about it because of the tax rules they set. Everyone is obligated to pay tax on what you buy, even if you only earn $1 per day. Money is needed everywhere, but money will never 100% guarantee happiness.

In real life, without money we can't plan more things. Many talents drown without money, many children drop out of school because there is no money, many parents cannot feed their children when they have no money and chaos is inevitable. Money is king, no, it is something that is needed to make ends meet and to smooth many plans.

[MFahad]

Its true that money is a king because every single work in this era is possible with money. People works continuously in order to get cash to satisfy their lives because education, treatment, drinking and eating everything is hard to find without cash.

If we have cash and on other hand we also have some invested money in asset like that of gold and bitcoin so asset will have the possibility to Increase your money but that of cash will remains same as it is. It will be more suitable to put money into asset rather than saving your cash with yourself.
Earn cash and make investment with little sum so earning possibility will become easy and you will spend life happily.

[DrBeer]

Cash is king again.
The purache power of cash is great again.
Many people talking about gold will go up.
How can the gold go up If markets works on supply and demand system.
What's the biggest demand now ?
cash it's cash not gold not stocks not real estate not Even btc neither Silver.
World have now demand to oil and fiat currency.

A bit of a controversial statement, let me clarify.
Gold, bitcoin, real estate, mi other are investment assets. With different levels of risk. Yes, in times of global crises, gold becomes a "classic safe haven".
BUT ! The problem with gold is that you can't buy bread, coffee or a kilogram of meat with it. In this sense, it is not very liquid, and from the point of view of the real price - no one will evaluate your part of the bullion at the market price. When people start selling gold to buy food, it means "the situation is critical, we have to survive".
Cash - yes, it is a very liquid asset, although it is subject to inflation and other negative processes.

That's why those who have a lot of money invest for a LONG period of time, in gold and so on. Those who do not have a lot of money and opportunities - sell everything liquid in exchange for cash.

[Mame89]

There are some people who always  say that money is not important in front of l love but in reality it never works that way.

The people who always say that money can't buy happiness, money can't buy love are those who have not had a lover or are still looking for love with an empty pocket.  indeed, our lives are more pragmatic than ever, and without money, we would have nothing in this world.  i know this sounds harsh, but obviously, that's what's happening in our world, we need to accept the truth and adapt to it instead of always trying to hide from it.

It's just a cliché word because we can't lie that when we have money it makes us happy,
imagine when you want to buy something but we are in a condition of having no money,
I agree with your words and indeed it is better that we accept the facts or truth with patience.

It's hard to talk about happiness and money. Because this depends on our family background. If we are born into a difficult and poor family from birth, money can bring happiness. But if we are born into a rich family from birth, happiness is not money but happiness in other forms.

Money doesn't buy happiness, but money can provide comfort, because happiness is a state of mind and there are many determining factors. So I think happiness and well-being, needs and wants go hand-in-hand. so money is very important nowadays without money happiness can be lost and a lot of money but not happy is also there. that is why happiness and money complement each other.