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Topic: Are cryptocurrencies better than regular currency - page 12. (Read 19681 times)

sr. member
Activity: 518
Merit: 258
At the end of the day, we need both cryptocurrencies and regular currencies. Yes, cryptocurrencies make our online transactions safer, faster, and better than other kinds of online transfers and the future is truly bright with it. But I don't think it will take over regular currencies. Physical money will always be there and 3rd world & conservative countries will definitely stick with "normal" money.
full member
Activity: 651
Merit: 103
Honestly I believe bitcoin is better since one you don't use your credit card so you don't loose you needed cash but instead your cash that you could easily earn back from mining. Plus, it's open to all ages unlike credit cards.
I think it is not! Fiat currency is still better than cryptocurrency. Because many people are still not yet aware to the cryprocurrency. I think cryptocurrency will not surpass fiat currency when it talks about popularity.
hero member
Activity: 896
Merit: 500
I'm not sure the state uses officially cryptocurrency, because it is decentralized it will be easy for someone to speculate about cryptocurrency, for example is a bitcoin that marketcap has reached more than 100 billion USD, but very volatile as up and down can reach tens of percent per day.
newbie
Activity: 2
Merit: 0
I don't know however i think that each foreign currencies are made for a certain objective, and this is why in my opinion i cannot compare individuals foreign currencies which is which, and which is more advantageous for me, because I am using both currencies at this time, not every places you'll need fiat just like crypto also.
sr. member
Activity: 574
Merit: 253
True, in terms of comfort and security of course cryptocurrency is better than regular currency, in addition decentralization system on cryptocurrency provides an opportunity for anyone to improve the welfare.
sr. member
Activity: 574
Merit: 250
No they are not better then regular currencies because they are not used everywhere like in villages we have to use cash or the local currency and like crypto currency we need internet everywhere and we need all the stores all the persons to accept it so it is really hard that it will become better then regular currency in any time.
Yes I agree, Fiats can be used everywhere, but that it doesn't mean that things are not gradually going to digital with even the fiat currency. The population of people using fiat currency are now hugely dropping and most people are now using mobile system for their transactions. I am not saying cryptocurrency will take over fiat, but we will have a time that making transactions with crypto will become more easy.
full member
Activity: 616
Merit: 100
www.jacs.tech
I think cryptocurrency is more abysmal than ordinary currency. because the usage is very easy and simple and the best is the absence of a third party from cryptocurrency. which is usually the third person is a bank. cryptocurrency does not require a bank for any transaction
hero member
Activity: 720
Merit: 500
No they are not better then regular currencies because they are not used everywhere like in villages we have to use cash or the local currency and like crypto currency we need internet everywhere and we need all the stores all the persons to accept it so it is really hard that it will become better then regular currency in any time.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
The cryptocurrencies are better than the regular currency because of the way of us dealing with them. With the use of the internet it will become much easier for us to transact different type of transaction like buying things or services through online and with the cryptocurrencies. The world will have much lesser hassle in doing different kind of things because of the use of internet and the cryptocurrencies.
That's really something that would depend on each person's use case though. Crypto currency is better in certain principles but actual money still does better in terms of adoption and for means of exchange. Measiging the  quality if each is quite subjective.
hero member
Activity: 778
Merit: 500
These have their own pros and cons. Fiat will work for extremely fast dealings (After all money) and it is extremely fluid in small amounts. Bitcoin is the reverse. Hard to invest quick (right now anyhow) however it is ideal for big dealings.

Well yes but the difference is that traditional currency have served their purpose. Bitcoin as a currency has qualities which are served well in today's economy. Just compare it with paper money vs paypal. Then it was a revolution and now we have a way better revolution... Crypto.

In time many more will see that and we can expect good times... price wise.
newbie
Activity: 1
Merit: 0
These have their own pros and cons. Fiat will work for extremely fast dealings (After all money) and it is extremely fluid in small amounts. Bitcoin is the reverse. Hard to invest quick (right now anyhow) however it is ideal for big dealings.
full member
Activity: 222
Merit: 100
for me crypto currancy is better than regular money, because crypto is easier to use and faster in terms of delivery, because if send money between countries it will take longer than crypto
sr. member
Activity: 440
Merit: 250
I indeed think they are better, because in term of privacy, it beats credit cards. However cash, while as private as crypto-currencies, lacks the ability to pay worldwide. In short, crypto-currencies are the perfect mix of credit cards for the ability to pay on the Internet and cash for privacy, so indeed it is better.
full member
Activity: 994
Merit: 100
I think that's true. cryptocurrency is better than the ordinary currency because crypto no third party if the currency is a bank. associated with banks and crypto-curency is easier and simpler because its use is very convenient and easy
full member
Activity: 344
Merit: 105
Honestly I believe bitcoin is better since one you don't use your credit card so you don't loose you needed cash but instead your cash that you could easily earn back from mining. Plus, it's open to all ages unlike credit cards.

I guess you're not so accurate friend, because in cryptocurrency now you can use it in quick trading in crypto market, good profit as log as you have good analytical skill of trading, there is lot of profit you earnin cryptocorrency so as for now if you eant to earn more learn how to trade a cryptocorrency because it is better than currency. Gets ?
full member
Activity: 448
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
No, unless society is used with cashless/electronic payment method and most people have smart device with internet connection. Also, cryptocurrency is practically useless in poor country.

Yes, you're right I think the OP only thinks about their country and has to disregard poor countries like mine  Cry I think  regular currency is more important for the people here in my country but I can't deny the convenience and the benefits on using cryptocurrency particularly bitcoins. It makes transaction faster, safe and if you don't usually use your bitcoins and was only stored in your wallet then the value of it may rise that you don't might expect.
full member
Activity: 1638
Merit: 122
Honestly I believe bitcoin is better since one you don't use your credit card so you don't loose you needed cash but instead your cash that you could easily earn back from mining. Plus, it's open to all ages unlike credit cards.

short answer no. long answer, regular currency are still better than cryptocurrrencies because it doesnt require much knowledge to use, all ages can use it, anyone can use it to buy instantly without waiting for confirmations, any countries supports it, etc.. regular currency has many advantages compare to bitcoins or any other cryptocoins. but hey lets face it, most people think that crypto is cool and can replace the fiats soon due to its one of a kind blockchain technology.
newbie
Activity: 55
Merit: 0
No I don't think so cryptocoins are better than regular  currency because their is stability in regular money but in crypto money their is no stability they are volatile and their value became decrease and increase simultaneously but in some cases crypto money is preferred much more they are also good one.
full member
Activity: 477
Merit: 100
Bitcoin is better than regular currency in term of transaction internationally, bitcoin is faster, the fee is lower and one more important thing is there is no limitation amount that we can send to another people out side of our country.
sr. member
Activity: 1778
Merit: 309
The cryptocurrencies are better than the regular currency because of the way of us dealing with them. With the use of the internet it will become much easier for us to transact different type of transaction like buying things or services through online and with the cryptocurrencies. The world will have much lesser hassle in doing different kind of things because of the use of internet and the cryptocurrencies.
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