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Topic: Are cryptocurrencies better than regular currency - page 15. (Read 19667 times)

sr. member
Activity: 1050
Merit: 286
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.
It's hard to say since both has advantages on each of their own ways. Bitcoin has an advantage of higher market value and for being profitable while cash is advantageous in some ways such as for having a more stable market value and for being supported by the government making it legal to most of the countries unlike Bitcoin. So I think ,cryptocurrency are not better than regular currency, they just have special features.
sr. member
Activity: 1638
Merit: 278
Of course in the bank you only get 1%+ every year but in the crypto world you can get more than 500%+ within months or a year.
But don't forget that bank interest is way too less risky when compared to altcoin interest , yes 500% is possible but even loosing everything is highly possible.
Success and failure both are part of life. Even in regular currency there is a high risk of losing everything. So this point is not much to be highlighted because it involves luck factor and the way how wisely you invest your money. And bitcoin is on its way to replace the regular currencies so no worries about losing.
full member
Activity: 693
Merit: 100
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.
There are still people who don't use or don't even know what is bitcoin even you say that it is open for all ages, the question is, it is afford by all ages? There is a probability that you will loose your online or offline wallet and it is hard to recover all the money worst you can't take it back unlike on cards you can still remind the banks for the loss of your money. But I didn't say that go for cards not to bitcoin, its just be practical according to your social strata.

Cryptocurrency and ordinary currencies are two very different things. So I think comparing these two things is a hassle. Both have their utility, uniqueness, and superiority.

I'll try to give an example, I personally use Bitcoin just for as an investment tool, nothing more. But I still use ordinary currency as a tool to pay bills and food everyday. I do not use Bitcoin for shopping because Bitcoin prices are always up and down. If I use Bitcoin when the price is going up it will make me lose. I'd better save the Bitcoin and wait for the price to go up.

The problem about anyone who can use Bitcoin, I think everyone can use Bitcoin. Even kids in Junior High School and High School can also use it.
Bitcoin is the most popular crypto currency in the world but it does not mean that it is better than a real currency because we all know that both currency have a positive and negative storey but still the the most common currency that the whole world use is the best currency.



full member
Activity: 313
Merit: 100
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.
There are still people who don't use or don't even know what is bitcoin even you say that it is open for all ages, the question is, it is afford by all ages? There is a probability that you will loose your online or offline wallet and it is hard to recover all the money worst you can't take it back unlike on cards you can still remind the banks for the loss of your money. But I didn't say that go for cards not to bitcoin, its just be practical according to your social strata.

Cryptocurrency and ordinary currencies are two very different things. So I think comparing these two things is a hassle. Both have their utility, uniqueness, and superiority.

I'll try to give an example, I personally use Bitcoin just for as an investment tool, nothing more. But I still use ordinary currency as a tool to pay bills and food everyday. I do not use Bitcoin for shopping because Bitcoin prices are always up and down. If I use Bitcoin when the price is going up it will make me lose. I'd better save the Bitcoin and wait for the price to go up.

The problem about anyone who can use Bitcoin, I think everyone can use Bitcoin. Even kids in Junior High School and High School can also use it.
Not every cryptocurrencies but if you are talking about bitcoin so yes I agree with you and there is no doubt that bitcoin is better than any other regular currency because bitcoin price is high than any other currencies and it’s also going to provide a good source of income and bitcoin transition are also very fast and its easy to carry as well and much more things that can prove bitcoin is better than any other currency.
It is not only bitcoin which is better than so many of the regular currencies only but there are so many crypt currencies as well like that of ETH and altcoin which are far better than other regular currencies. Regular currencies are losing their importance and significance and it is bitcoin and other crypto currencies who are going to lead the world in the coming days. Crypto is indeed a future.
legendary
Activity: 1414
Merit: 1008
★Bitvest.io★ Play Plinko or Invest!
Of course in the bank you only get 1%+ every year but in the crypto world you can get more than 500%+ within months or a year.
But don't forget that bank interest is way too less risky when compared to altcoin interest , yes 500% is possible but even loosing everything is highly possible.
full member
Activity: 1008
Merit: 101
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.
There are still people who don't use or don't even know what is bitcoin even you say that it is open for all ages, the question is, it is afford by all ages? There is a probability that you will loose your online or offline wallet and it is hard to recover all the money worst you can't take it back unlike on cards you can still remind the banks for the loss of your money. But I didn't say that go for cards not to bitcoin, its just be practical according to your social strata.

Cryptocurrency and ordinary currencies are two very different things. So I think comparing these two things is a hassle. Both have their utility, uniqueness, and superiority.

I'll try to give an example, I personally use Bitcoin just for as an investment tool, nothing more. But I still use ordinary currency as a tool to pay bills and food everyday. I do not use Bitcoin for shopping because Bitcoin prices are always up and down. If I use Bitcoin when the price is going up it will make me lose. I'd better save the Bitcoin and wait for the price to go up.

The problem about anyone who can use Bitcoin, I think everyone can use Bitcoin. Even kids in Junior High School and High School can also use it.
Not every cryptocurrencies but if you are talking about bitcoin so yes I agree with you and there is no doubt that bitcoin is better than any other regular currency because bitcoin price is high than any other currencies and it’s also going to provide a good source of income and bitcoin transition are also very fast and its easy to carry as well and much more things that can prove bitcoin is better than any other currency.
sr. member
Activity: 854
Merit: 252
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.

Defintely yes, Cryptocurrency was really better than regular currency, Because in crypto each token or altcoin was volatile. Compare to a regular money. However, form mining it is no longer profitable things anyway.
full member
Activity: 386
Merit: 100
Cryptocurrency works with the internet so that if there is any internet interruption then there is no transaction, this is of course the state's consideration to use cryptocurrency so I think the current currency is better than cryptocurrency.
This is true the bitcoin is all about the internet and this is the best thing about the bitcoin for sure, I use the bitcoin and the bitcoin will be more famous if it will be the world’s best currency you should invest in it. Regular currency is being used for the people but now they are easy to use and the buy the bitcoin as the secure currency. It is the time to buy more and invest high.
I think in many things yes like purchasing outside the country and also increase in the investment due to the price growth. On the other hand I think regular currency is better than bitcoin because there is no fear of hacking and blocking by anonymous persons. You can use your regular currency without any fear in the local markets and can convert to any other currency of you need.

hero member
Activity: 1022
Merit: 538
Cryptocurrency works with the internet so that if there is any internet interruption then there is no transaction, this is of course the state's consideration to use cryptocurrency so I think the current currency is better than cryptocurrency.
Regular currencies are far much better than cryptocurencies. There are lots of things that makes regular currencies far much better than cryptocurencies, and the number point is that regular currencies can be used both offline and online

Yes, these days, banks are offering a lot of ways to make transactions fast both physical and online. Next point is being reliable.
sr. member
Activity: 327
Merit: 250
Cryptocurrency is also good. Because it has the ability to change our lives so many people come in and try their fate here. The fiat money is also good because it uses us everyday. And this is the main payment for our transactions. If I choose to crypto and amg fiat money.
full member
Activity: 305
Merit: 107
I'm going to eat your cookies
Hmm I don't think so.
Well the exchange of bitcoin to USD is large which makes it better. But I think where it comes to transactions. Paper money is still way way better than bitcoins.
Bitcoin can give us the ease in paying bills thru online transactions but buying in markets, paper money is still accepted.
I think it's inconvenient for consumers to buy in public markets and still need to access the internet to pay for like $1 of merchandise.
legendary
Activity: 1372
Merit: 1008
See everything has two phases pros and cons.
Crypto is better than regular if it gets centralize. Crypto is more secure than regular because it is virtual currency.
Somebody can't steal it physically,he/she has to steal it technically.
Why crypto is not batter
Because it is totally depend on internet,if internet stops than crypto automatic stop. Regular currency has easy access by all the society's even poverty,middle class and upper class but crypto for those who has Computer or smartphone knowledge.
Both has got its own goodness, so it's up to us to make use of it in the right manner. Digital currency is always better when it's used for large volume transactions as well for growth of our holdings. Here we doesn't have the increased accessibility, whereas with fiat we've increased access but the stable value doesn't give us a big growth.
Yeah both have their respective advantages. for the best problem it depends on your purpose to use it for what?
eg when you want to get out of the house and want to bring a lot of money surely you can not bring a lot of physical money right? surely you will use digital money because it is easier and simpler? cryptocurrency may be an option. different when you want to shop in an old shop that does not accept digital currency of course regular currency will be better here
sr. member
Activity: 805
Merit: 250
Cryptocurrency works with the internet so that if there is any internet interruption then there is no transaction, this is of course the state's consideration to use cryptocurrency so I think the current currency is better than cryptocurrency.
Crypto currencies no doubt greatly depends on internet. As far as crypto currencies and regular currencies are concerned, I think both are equally good at their own places. If you are talking form investment point of view, then crypto currencies are far better than other currencies. While for spending money and meeting your daily based needs, regular currencies are better.
Having this two currencies makes our life into very comfortable. We can't certainly denied that bitcoin is competing fiat currency but of  having an internet based, it could make bitcoin not totally defeated fiat money. And we know that, fiat currency is still used in any local transaction made compared to bitcoin because of having few numbers of establishments accepting bitcoin currency at this time.
sr. member
Activity: 264
Merit: 250
Cryptocurrency works with the internet so that if there is any internet interruption then there is no transaction, this is of course the state's consideration to use cryptocurrency so I think the current currency is better than cryptocurrency.
Keeping both is better than everything but currently I prefer bitcoin although cryptocurrency is based on internet but I don’t believe that in the currency technology based era internet may be demolished in the world. Fault may occur but it will recover soon because except cryptocurrency mostly technologies are based on internet existence so how can we say that internet will shut down.
full member
Activity: 420
Merit: 102
Cryptocurrency works with the internet so that if there is any internet interruption then there is no transaction, this is of course the state's consideration to use cryptocurrency so I think the current currency is better than cryptocurrency.
Crypto currencies no doubt greatly depends on internet. As far as crypto currencies and regular currencies are concerned, I think both are equally good at their own places. If you are talking form investment point of view, then crypto currencies are far better than other currencies. While for spending money and meeting your daily based needs, regular currencies are better.
full member
Activity: 237
Merit: 100
For me cryptocurrency is better in so many ways such as it is handy, secured and decentralize. On the other hand, regular currency will be needed to convert digital currench to fiat.
legendary
Activity: 3276
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
Cryptocurrencies and Regular Currency have differences there are other crypto that is not used for payment and its just created for the sake of having ICO's though there are some that are really legit and very promising while regular currency is used in our daily lives.

The basic purpose of all the crypto-currencies is for making payments. But nowadays because of speculation the exchange rates are rising by as much as 1,000% every month for certain currencies, and in such cases the holders may be less inclined to use them as a currency. Unless the exchange rates stabilize, the crypto-currencies may be primarily used as a form of investment.
full member
Activity: 798
Merit: 182
Cryptocurrencies and Regular Currency have differences there are other crypto that is not used for payment and its just created for the sake of having ICO's though there are some that are really legit and very promising while regular currency is used in our daily lives.
A lot of developer and geeks who come with new and unique idea. We will find many different reasons to create altcoin in each  their's white papers. Regular currency has some disadvantages. For example trading with people internationally often involves the management of one or several third parties such as bank, it is making a simple exchange more complicated. Sathosi was solve this problem by creates bitcoin, it is provide instantaneous, low fees and reliable way of exchanging goods and services with people over the world.
sr. member
Activity: 317
Merit: 250
I think cryptocurrencies are way better than the regular currency.  Cryptocurreny come with so many advantages,  like It's global currency, meaning you can transact to different countries it's easier since you don't need to convert your local money to their local money.  Whereas it is not that much easy in regular currency. Though both are financial instruments, but it has quite different  used. Fiat or paper money is used daily in our daily needs from groceries,food transportation and many more while bitcoin is mostly on online transactions.We are not well connected digitally where we can used bitcoin for anything.Possibly in the future it will happen.
full member
Activity: 196
Merit: 100
Cryptocurrencies and Regular Currency have differences there are other crypto that is not used for payment and its just created for the sake of having ICO's though there are some that are really legit and very promising while regular currency is used in our daily lives.
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