Post
Topic
Board Bitcoin Discussion
Re: Why Cash is better than Bitcoin.
by
Bezobraznike
on 29/11/2017, 00:05:27 UTC
ATMs and credit cards both have fees (I believe you are joking). It may have zero confirmation time but It's possible to chargeback and get scammed. Lightning Network should give us the ability to make micro-payments and without waiting for confirmations too. Banks control your money, you don't. I see no reason on why fiat is better than bitcoin.

You must be joking right?

Cash has no fees, the OP clearly meant paying for items in cash, such as buying water in a supermarket etc. To give someone your physical cash, you're not paying any fees for such an action and it's instantaneous. Unlike Bitcoin which can takes Days to send and sending them requires a sizable $ fee if you don't want to wait months(lower the fee the longer it takes)

Cash and other physical currencies have much more usefulness than Bitcoin.


   Traditional currencies have system that is established long time ago, and for that
reason usefulness is much higher. Bitcoin is something new, different system that
can help us in economy, money distribution, and one of the most important things
transparency.
   I do not care where do you spend your money, I care where my city and my government
spent money from taxes. I care about inflation and who is responsible for higher
cost of living. Many things can be better arranged with crypto-currencies.