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
I think the simple answer to this is due to that cash payment is still the mainstream way, the traditional and most adapted way in market transactions. At the end of the day, most people would still choose the normal way and is still the most traditional way. People will choose what is accepted by many and is fearful of what are the new things to come.