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
because cash is always available anytime. Unlike bitcoin that can only be used whenever there is an internet connection, and uses of bitcoin is very limited. We use cash on our daily lives, from paying our bills to our daily expenses and we can use it anywhere without worries and hassle.
- Exactly, cash is very convenient in real life when everyone can use easily, regardless they are rich and poor, it makes all transactions become more simple, conversely, if we use other payment methods such as Bitcoin, it is very troublesome. We will need through internet then we need to wait for transaction confirmation, too inconvenient for the user, direct payment in cash will be appropriate and better, and the value of cash is constant over time, it is more stable than using bitcoin
The fact that cash is usable everywhere does not mean that the concept of bitcoin isn't a lot more valuable.
In the long run bitcoin will be better than cash.