Long standing as in cash money has been around for centuries and bit coin/electronic forms of currency have only been around for decades. i own a staffing agency, and i find it truly amazing how many people still want paper checks and will run to a liquor store or check cashing facility to turn them into cash.
Ha ha well, the news revolving around banks lately hasn't been too positive, I suppose I could see why they'd want to keep their cash beneath the mattress, so to speak. I've always found a card more convenient, but at the same time, I've been victim of identity theft before

But maybe they are just used to having the cash in-hand.