Alt coins vs. fiat currency - page 4.

RedzoneASE

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Quote from: mit_ra on July 09, 2018, 10:49:22 AM

2019 the year of Battle between cryptocurrencies and Fiat Currencies.

Who is the winner?

Well, I think both of this are on equal ground. If we say FIAT then without doubt it would always be useful even in the next few years. If we say cryptocurrencys altcoins then we will surely have an eye on it.

Crown1

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The only winner will be bitcoin. Angry

Because this is the year of bitcoin, the bitcoin is facing its biggest crisis, and bitcoin is losing trust.

desciglio2

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We are always with crypto currencies. Trading with crypto currencies is now easier, faster and more transparent. Everyone will accept crypto currencies one day

sherwinsamsung

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2019 fiat will still be winner as more people are using fiat. however as years go by, people will slowly learn to use cryptos. institutions will also evolve into using cryptos and this will eventually force people to adopt to cryptos.

annasadia

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If the success of crypto currency is compared to fiat currency then fiat will be the winner for the next coming years. The usage of crypto currency is not used by everyone in the world, a large percentage of people still is not completely aware of alt coin and its benefits. If the government completely accepts crypto currency and if it becomes a medium of exchange crypto currency will become more popular.

passioncrypto

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The importance and popularity of the crypto currency is increasing rapidly. It can be assumed that crypto will take over the fiat money in the near future.

kier010

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fiat is still the first choice of the people. in my city everything we pay is fiat and we don't have option to pay bitcoin. but why do they have to fight? we people that use crypto can access it through fiat and fiat through crypto.

Kent Kermit

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Fiat currency is go-to currency everwhere in the world. It is used EVERYWHERE. The world ran on Fiat currency for so long. But sometimes, it can lead to problems. Fiat currency can be stolen and be destroyed. Crypto currencies cannot be easily stolen. Someone can hack and take all your coins, but there are people who try their best to prevent this too. I would prefer a world that runs on Crypto rather than Fiat currencies, just because it is easier to use and is, in a way, a safer way of exchange. But, this cannot happen right now, because not everyone has access to crypto currency, Internet and Technology required for crypto altogether.

sateyaam

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in my opinion no one will beat fiat and cryptocurrency running and growing
hope my cryptocurrency and fiat will run together and complement each other

makerst

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Comparison of similar areas requires a very in-depth analysis of consumption among people and what future areas of use can altcoins have? I think that every business will have its own shares and by similar actions we can buy shares of companies.

xminer2014

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Obviously crypto is nowhere near yet, far too volatile to be taken seriously as an actual currency for now.

Jazvebtc18

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Quote from: mit_ra on July 09, 2018, 10:49:22 AM

2019 the year of Battle between cryptocurrencies and Fiat Currencies.

Who is the winner?

Well, fiat is still the main source and winner in our world. Cryptocurrency can't compete the fiat currency since not all cryptocurrency are accepted in all countries. We still in the stage of developing and stabilizes the technology of cryptocurrency.

VjshclavzhKrckvsch

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Crypto will win in 2029.

AniviaBtc

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Quote from: sammyp on July 10, 2018, 07:45:33 PM

Altcoins may give fiat a though competition but fiat currency will also be the first choice of most people due to its stability. Most people keep the money in fiat and only convert to altcoins when necessary so in a way too both currencies need to coexist and its up to we the users to tolerate both.

FIAT will remain currency until crypto currency is fully adopted globally, we have different government that imposed one currency for the country we belong, this is the traditional tender in any transaction be it for simple commodities we need, transportation,utilities, etc.etc. The entry of crypto currency into the market change the out look of the future transaction, like for example Thailand accepted some of the coins for legal transaction. But some or almost all countries still have some different view on adopting crypto into the main stream market. This is one reason why government financial institution want to Regulate the crypto. Let's just wait for the moment and hold on to our crypto coins.

coin_maker

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I don't think there is any way that we can compare this two thing there are totally different from each other, fiat currency is a printed cash which value is decide by the supplier and government allows it as well on the other hand cryptocurrency is good for fast and far transaction and it is totally electronic based trading

samiraetn

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Not all the countries in the world have adapted the crypto currency market. In fact there are countries who have banned the crypto coins in their countries. So, right now, fiat currency will win, given how the world is still lagging behind. But this will not stick around for much longer in the long run.

EdwardClinton

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Basically in terms of crypto currency and Fiat currency we can see the huge difference between them because until legalize the crypto by every country Fiat currency will win this race because fiat currency is legalize worldwide but day by day crypto users are increasing so after few years later this conceptions may change.

Ngewex Yuk

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Quote from: paykal5 on July 10, 2018, 08:10:37 PM

For me Fiat currency. Fiat currency is currency which only has value through legal declaration. It does not have a promise from its creator of exchangability into some commodity of real value,example:- Gold ,Silver etc. Fiat currency are basically the Dollars, Euros, Pounds etc. that you spend. They are also known as the paper money.

Fiat currency is certainly safer even though the value of fiat continues to decline due to inflation but the total protection of the country makes the fiat last forever, but when the crypto trend is popular then we must invest on crypto to make money increase.

Grissham

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Quote from: crptotrader007 on July 10, 2018, 08:37:03 PM

Quote from: mit_ra on July 09, 2018, 10:49:22 AM

2019 the year of Battle between cryptocurrencies and Fiat Currencies.

Who is the winner?

It indeed is a nice question and would be glad to explain.

It seems difficult explained what would happen in the future. because I do not avoid that future cryptocurrency will be more developed and more popular. While fiat money also has a major role in the transactions of each State, in addition is the identity for the country itself and has historical value in it. my own expectation both can coexist, not mutual defeat.

JaekRock

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There are so many alt coins that need to die before those markets can explode...at best it seems like they'd only be able to ride BTC's coattails. Multiple use cases will have to battle it out to ween out the weak teams or half-baked ideas, infrastructure needs to be developed to utilize the coins, scams need to be outted and driven off. All that will take time, so we're probably a few years out before we really see the rubber hit the road with a lot of altcoins.

Topic: Alt coins vs. fiat currency - page 4. (Read 607 times)