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Author Topic: Why Cash is better than Bitcoin.  (Read 6759 times)

Offline AGM

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Re: Why Cash is better than Bitcoin.
« Reply #30 on: November 07, 2021, 04:24:56 AM »
Cash and Bitcoin both have advantages and disadvantages. If we look the worlds trend then definitely digital currency is better then cash. Now we are used to it. In during covid-19 digital currency get more popularity then cash and that was used mostly all over the world. We get success by using digital currency. In some sense cash is also better. After all i prefer both of the two but in future digital currency will take the instead of cash.

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Re: Why Cash is better than Bitcoin.
« Reply #30 on: November 07, 2021, 04:24:56 AM »

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Offline therozaq

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Re: Why Cash is better than Bitcoin.
« Reply #31 on: November 07, 2021, 05:46:47 AM »
Agree with you about the advantages of cash, but there are some limitations as follows:
- money transfer: high cost;
- Inflation: loss of value over time
- manipulated by governments
- difficult to maintain

I agree, cash is manipulated by government, inflation and difficult maintain  and less profitable to invest. We all know If you save your cash at bank, how many do will get the profit ??
Bitcoin is more profitable.
and At the coming future, when digital era come, I think we will never see cash or fiat money.
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Offline Phython

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Re: Why Cash is better than Bitcoin.
« Reply #32 on: November 07, 2021, 03:04:04 PM »
We all know more or less that the price of Bitcoin will reach 100 thousand at a time so we all work here. Investing here will not reduce our money. It will not increase again. It is not better than this. If we buy bitcoin and keep our money, then our money will increase. Again, we can learn a lot about Bitcoin.

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Re: Why Cash is better than Bitcoin.
« Reply #33 on: November 07, 2021, 05:23:24 PM »
Cash and Bitcoin both have advantages and disadvantages. If we look the worlds trend then definitely digital currency is better then cash. Now we are used to it. In during covid-19 digital currency get more popularity then cash and that was used mostly all over the world. We get success by using digital currency. In some sense cash is also better. After all i prefer both of the two but in future digital currency will take the instead of cash.

You're right, as long as pandemic covid 19 digital currency get more popularity, many people already invested  in crypto currency. Many people also do trading at exchange. I think digital currency is better than fiat money to reduce the spread of the virus.
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Offline I-Bit

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Re: Why Cash is better than Bitcoin.
« Reply #34 on: November 07, 2021, 11:36:24 PM »
Bitcoin and fiat have its own weakness and strength. If this is for a payment method, they also have their own positive and negavive sides. Additionally, we may need to be more careful in deciding based on news and update at that time. No panic because of this kind of news

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Re: Why Cash is better than Bitcoin.
« Reply #35 on: November 08, 2021, 06:13:02 AM »
Bitcoin is more important to me than cash.Because the amount of money you keep in cash will remain the same, neither increase nor decrease.But on the other hand, if you buy Bitcoin, the price of Bitcoin can increase or even decrease.Moreover, there are many disadvantages of cash.

Offline EthereumDev_

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Re: Why Cash is better than Bitcoin.
« Reply #36 on: November 08, 2021, 06:21:16 AM »
I think cash can be said to be better because what you mentioned is true, it's just that cash still has weaknesses in my opinion it can't be used for many countries and of course to make transactions outside the country it will make it very difficult and have high costs. very high than digital currencies.

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Re: Why Cash is better than Bitcoin.
« Reply #36 on: November 08, 2021, 06:21:16 AM »


Offline C 98

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Re: Why Cash is better than Bitcoin.
« Reply #37 on: November 08, 2021, 06:30:12 AM »
As far as I'm concerned, it's better to keep Bitcoin than cash.Because you have to face various difficulties to keep cash.Bitcoin is currently one of the most powerful coins.If you buy this coin, you can definitely make a profit.Bitcoin and fiat have its own weakness and strength.Bitcoin is the digital currency between cash and bitcoin.

Offline amzexpert

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Re: Why Cash is better than Bitcoin.
« Reply #38 on: November 08, 2021, 02:34:50 PM »
I think that the main reason is that because bitcoin is not used in anything like shopping malls and anything else. and you have the bonus that you can use the cash anywhere you want. So I think that this will be the main reason.

Offline Trumpet

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Re: Why Cash is better than Bitcoin.
« Reply #39 on: November 08, 2021, 02:48:58 PM »
Money is safer than Bitcoin. Because if you deposit your money in a bank, then there is no risk But to be successful in life, you must take risks. If you convert money to Bitcoin then you can create a possibility of profit. But in that case you have to take the risk as you have the possibility of profit as well as the possibility of loss But I don't think bitcoin is comparable to money.
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Offline smartaction

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Re: Why Cash is better than Bitcoin.
« Reply #40 on: November 08, 2021, 03:27:44 PM »
Cash is better then bitcoin coz cash is stable and it can using for bought anything on all over the world. Bitcoin is not yet being used in all cases. so cash is better the bitcoin on physical life. But bitcoin is much profitable then cash

Offline XM8

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Re: Why Cash is better than Bitcoin.
« Reply #41 on: November 08, 2021, 03:37:03 PM »
Money is much safer than Bitcoin. Most of the reasons you have mentioned are reasonable. But I don't think Bitcoin can be compared to money. Because if you keep the money at home, there will be no return from there But if you use it to invest in Bitcoin, you have a chance to make a profit. Although investing in Bitcoin is a bit more risky than keeping money. I don't think paper money can be compared to bitcoin.
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