FIAT remains stable and cannot be denied because everyone uses FIAt.
Just look at how the Tether is still standing in the top 10 coinmarketcap and that proves that a lot of altcoins are sinking.
Topic: Alt coins vs. fiat currency (Read 567 times)
I would say that fiat will win, because fiat is still more of a legal tender than coins. Some countries are still having controversies over cryptocurrency. Crypto will surely still have its relevance, but in my opinion fiat will still be more in use and larger percentage of world population might prefer fiat to crypto. Some other reasons why fiat will win is the volatility of crypto, whole fiat is still more stable. Also crypto does not yet have a legal backing.
2019 the year of Battle between cryptocurrencies and Fiat Currencies.
Who is the winner?
There will not have the winner right now because the cryptocurrency can not replace the fiat at this time. In the future, maybe Cryptocurrency replace Fiat but it need more time to this thing happens
Both of them will run according to their functions, and there are no winners, I think that fiat is still used by the community to meet their daily needs, and crypto is still used to trade in the crypto world itself and needs a process if it will be used as fiat.
When people trade alt coins and btc for Fiat obviously winner will be fiat, nowadays people trade to earn more FIAT money from trading Cryptocurrencies but when the norm changes that people will trade money for cryptocurrencies then maybe it can win over Fiat. Let's be honest here we sell and trade then sell our cryptoccurency whenever we need something we tend to sell it for Fi
Trust in fiat is still to strong, most people are sheeps. Crypto is also to difficult to use for most non tech people and we have some scaling issues etc. I think the future is bright but there are a lot of problems we need to overcome.
Fiat a great thing since it is more liquid than alternative coins in terms of its solvency but interms of its value the alternative coins in the better one to obtained a greater amount.
I think between alternative coins and flat currency is much better to choose alternative coins although flat currency is good and profitable but alternative coins is more good currency and profitable.
I think that it is too early to make such comparisons, the cryptocurrency is not yet ready to replace Fiat.
I think FIAT will still win because of the fact that FIAT is always open to the public throughout the world.
different from the cryptocurrency that some countries have against cryptocurrency.
different from the cryptocurrency that some countries have against cryptocurrency.
2019 the year of Battle between cryptocurrencies and Fiat Currencies.
Who is the winner?
There will not have the winner right now because the cryptocurrency can not replace the fiat at this time. In the future, maybe Cryptocurrency replace Fiat but it need more time to this thing happens
There really is not much competition right now (or in the next few years) between fiat and cryptocurrency. And if you pester on in it, fiat will definitely take home the bacon with not much effort (for the majority of the global population).
As of the moment, cryptocurrency remains largely cryptograhpical (a bit of wit there). Meaning, only people with techie personalities & background or with much driving interest are into cryptocurrency. And that's just a fraction of the world population.
Until a wider adoption takes place, fiat (for me) will remain the most chosen means of payment.
As of the moment, cryptocurrency remains largely cryptograhpical (a bit of wit there). Meaning, only people with techie personalities & background or with much driving interest are into cryptocurrency. And that's just a fraction of the world population.
Until a wider adoption takes place, fiat (for me) will remain the most chosen means of payment.
There are significant differences between the traditional digital currency in your bank account and cryptocurrencies like Bitcoin. One of the biggest contrasts between the two is bitcoin’s deflationary attributes which is backed by the currency’s 21 million capped supply. Many economists believe this is a great benefit as the public knows that there are only so many bitcoins, which causes people to save, and purchasing power usually increases.
Yeah, I'm with cryptocurrencies. Because it is the easiest way to enlarge our profits in quick time. But here is s truth, cryptocurrency can fall its value any time. There is some risk. But it is the easiest way to gain a large profit. Fiat currencies have legal value. But it, not an investment. So I'm with cryptocurrencies.
2019 the year of Battle between cryptocurrencies and Fiat Currencies.
Who is the winner?
Fiat will still be the winner, as long as Crypto has not been approved by all countries in the world, then Crypto will not be able to defeat Fiat. fiat is still the ruler for now and maybe a few decades in the future.
Fiat currency is still strong and has a community that exceeds that of crypto. In daily life, fiat remains an important thing, especially living in a society that has not yet been technology.
Cryptocurrency will be a winner among those who have advanced technology and can develop well. They will trade with crypto quickly and easily.
So I think there are 2 categories for winners in each region.
Cryptocurrency will be a winner among those who have advanced technology and can develop well. They will trade with crypto quickly and easily.
So I think there are 2 categories for winners in each region.
I think Alternative coins and fiat currency both possessed the monetary value which can be used in all kinds of transaction but interms of advantage alternative coin is the better one.
2019 the year of Battle between cryptocurrencies and Fiat Currencies.
Who is the winner?
I think this year and a couple of years to come the winner between both of them will always be fiat currency. If you look at the market right now you will see that the coins are not doing too well. Altcoins are taking quite the hit which means that they still have a lot of development to do but fiat currency still has the stronghold that is needed to be the superior currency
Fiat currency appeared quite a long time ago. And I prefer them. First, they are used by the whole world! Therefore, they will always be in the first place, and then already, and the crypto currency
I have faith in arrangements and not length. the quantity of years a specific thing has stayed is not the slightest bit a measure of achievement. the arrangements proffered to challenges is the thing that the world in aggregate has chosen to look towards since it is more helpful to them. I trust the cryptographic money world has much outcomes than the fiat so I favor crypto.
I will support alternative cryptocurrencies here. They are more reliable for me and I am still believe in their being in the general position on the market. I prefer Eos and Waves these day, these alts are quite close to me and I really hope that they will be higher and better.
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