Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: bdsharminsoltana on October 21, 2018, 11:05:39 AM
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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
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Cash is better as of now than bitcoin because cash is widely accepted and we can do transactions with it offline and also if we do individual money transfer, it is not that huge problem because the transaction is almost the same with bitcoin with just a higher fee. Cash is also fixed on its value so we don't need to worry about getting a loss in the value of our fiat.
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Cash is better as of now than bitcoin because cash is widely accepted and we can do transactions with it offline and also if we do individual money transfer, it is not that huge problem because the transaction is almost the same with bitcoin with just a higher fee. Cash is also fixed on its value so we don't need to worry about getting a loss in the value of our fiat.
I was only able to listen to his opinion, because I did not understand about the cash.
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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
Cash is great, but there is one problem, it's hard to earn it. And the way economy is made, no matter how much you make and where you live, you're expected to give it all away to survive. Popularity of crypto is not connected to its daily use for payments, but because enough people want to store value in it, and that makes it valuable. That way if their investments grow and they sell, they have free money, that they can keep in their savings accounts and use anywhere anytime.