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.
You have the point upon saying that but remember that there are still some instances that even bitcoin was already on a wide usage, still some prefer having cash or regular currency because there are different ways of using those two types of currency which can vary based on the usage or scenario where it will be used. Having both type of currency can enable you to be flexible on any type of situation since you are having both types of currency. Both can be better in use if they are properly use on the specific scenario they are required. 
Topic: Are cryptocurrencies better than regular currency - page 20. (Read 19681 times)
I don't think so, cryptocurrency and fiat money have their respective advantages and disadvantages, on the one hand cryptocurrency is better than fiat money but on the other side fiat money is better than bitcoin. For example if we want to buy daily necessities fiat money is a good choice, but if we want to do digital transactions in bulk, bitcoin is the right choice because of low fee.
You are thinking the opposite mate! Have you ever think about the other side the crypto currency has, if not then listen the price and the value of the crypto currency is now very high and the people who are having the high information about the investment at the right time must know the points about the potential that is increasing more and more. The value of the bitcoin will be high when the importance of the bitcoin will be more than the fiat and the regular money because it is easier to use.I can certainly put the fiat Money, real Money, paper Money on the top of bitcoin, eth and other alt coins. Digital assets are still very weak and vulnerable in the market. Their values are problematic. Fluctuating too much.
For now, No. But when the appropriate time will come, it will be. For now, let us get pleasure from getting each of the currencies.
I don't think so, cryptocurrency and fiat money have their respective advantages and disadvantages, on the one hand cryptocurrency is better than fiat money but on the other side fiat money is better than bitcoin. For example if we want to buy daily necessities fiat money is a good choice, but if we want to do digital transactions in bulk, bitcoin is the right choice because of low fee.
You are thinking the opposite mate! Have you ever think about the other side the crypto currency has, if not then listen the price and the value of the crypto currency is now very high and the people who are having the high information about the investment at the right time must know the points about the potential that is increasing more and more. The value of the bitcoin will be high when the importance of the bitcoin will be more than the fiat and the regular money because it is easier to use.
It depends on what you want to use it for.. The attraction for Bitcoin is that it is transparent to governments in its movement and that it is difficult for governments to control access to it. So if I want to buy a large quantity of some illegal substance, I can purchase it from anywhere in the world with Bitcoin and no one can tell. Or if I want to bribe a government official, and not have anyone able to tell I did, I could use Bitcoin.
Some people even look at it as an investment, but while that MAY be profitable, it is a commodity and can go down in value as easily as go up.
Some people even look at it as an investment, but while that MAY be profitable, it is a commodity and can go down in value as easily as go up.
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.
In my own perception about cryptocurrency, I think cryptocurrency is better than local currency. You can make money on your own decision. It gives benefits to us to do our work perfectly and correctly. It doesn't matter if you're over age or out of limit as long you as do your work. 
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.
I agree with what OP has said. Fiat currency is always needed for it to work. It needs to be working hand it hand with each other in order to be used widely is any given country. Slow internet = unhealthy crpypto, thus rendering it useless.
I think not, until now bitcoin can not be used for direct transactions, many places can not accept bitcoin and still receive cash. hopefully this is the company's concern to make bitcoin easier to use like cash.
You can use bitcoin for direct transaction, not like you cant. The only thing is just the general acceptability for now.I have been using bitcoin for direct transactions a lot lately than we use to have since some merchants are already coming up to accept bitcoin and more people are also willing to accept bitcoin as well for payment.
Also, we could say micro transaction is still a bit not too cool due to the high transaction fee but that still does not stop anyone from doing that if they want. Some of this will eventually be solved anyway as we keep having more developments on the blockchain.
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.
In my own perception about cryptocurrency, I think cryptocurrency is better than local currency. You can make money on your own decision. It gives benefits to us to do our work perfectly and correctly. It doesn't matter if you're over age or out of limit as long you as do your work. Yes and no. It is dependent on the use. In my impression, Bitcoin is not but all set for micropayments, but it is previously a much better way to maintain your prosperity.
Presently, yeah! Long term! Nah!! Bitcoin will not remain as it is presently. A lot of development will ensue and the micro payment issue will be solved. At this stage, we may be having huge issue with the transaction fees, but a time will come when transaction fees will be minute, processes will be faster and we will end up seeing more people accepting as means of payment.
We may still be back to this though, with the look of things and as adoption keeps increasing.
I think that crypto currencies are better then regular currencies. One government in collusion with bank sector can manipulate with money, they will still from people and rich people will get richer.
In decentralized system people from all over the world surveil one another, and its much harder to manipulate with money. Cause I live in third world country I know how it looks like when banks are using people, and this banks headquarters are located in Brisel, London. US, people in western countries live better cause their banks steal more money from undeveloped countries.
Technology is better then economy, and economy as we know it today is made to confuse us while rich people taking advantage. That's why crypto currencies are better, with crypto currencies we can have better future for all the people in this world and not just some.
In decentralized system people from all over the world surveil one another, and its much harder to manipulate with money. Cause I live in third world country I know how it looks like when banks are using people, and this banks headquarters are located in Brisel, London. US, people in western countries live better cause their banks steal more money from undeveloped countries.
Technology is better then economy, and economy as we know it today is made to confuse us while rich people taking advantage. That's why crypto currencies are better, with crypto currencies we can have better future for all the people in this world and not just some.
No I don’t think that cryptocurrencies are better than real currency because real currency is controlled by governments or bank which makes it more stable whereas cryptocurrencies are not governed by any bank or government which makes it less stable. Secondly real currency is very pass prone to fluctuations in its value. Therefore it is stable whereas on the other hand the cryptocurrencies are very much prone to fluctuations which decreases its stability.
it is time for the financial system to follow decentralization as in cryptocurrency, this is so that there is equity of wealth that can reduce and even eliminate poverty, so I agree that cryptocurrencies better than regular currency.
If bitcoin is used worldwide i consider it a yes. But now, a large portion of the population is not familiar with it especially in those in 3rd world country like mine. Tangible cash is still consider the best. We can use bitcoin in our country if we convert it to cash.
I feel that is what we should be looking forward too anyway. We are still in the adoption phase and it usually takes some few times to get it global. Let us take a look at internet, smartphones etc. Adoption did not just come up in a day… It was gradual and same applies to every new technology.It just takes a little bit of time and crypto is not an exception. This does not still mean if we look deeply into the value of crypto, it wont be better if fully adopted in the future.
I don't think so, cryptocurrency and fiat money have their respective advantages and disadvantages, on the one hand cryptocurrency is better than fiat money but on the other side fiat money is better than bitcoin. For example if we want to buy daily necessities fiat money is a good choice, but if we want to do digital transactions in bulk, bitcoin is the right choice because of low fee.
No I don’t think that the crypto currency is better than the regular currency because firstly regular currency is stable currency which means it is less prone to variation in value as compared to the crypto currency. Secondly regular currency is regulated by a central bank or the government whereas crypto currency is not.
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 not yet, bitcoin and cryptocurrencies are still very volatile. I believe that stablility is one to be taken in to consideration in choosing which currency is better, but the volatility of cryptocurrencies give the cryptoworld the upper hand, because their value can go up to no one can limit.
Both cryptos and fiat are valuable. Right now, you cannot say that bitcoin is better that fiat especiallynwhen it comes to using it in daily transactions. But when we are going to base it on where can we have more profit, I would prefer using bitcoin or crytocurrencies. With a gery short time you can already see the profit you have in bitcoin. The fact also is that there are still many people or let us say most of the worlds population relies in fiat. But personally, I prefer bitcoin..
Yes and no. It is dependent on the use. In my impression, Bitcoin is not but all set for micropayments, but it is previously a much better way to maintain your prosperity.
Presently, yeah! Long term! Nah!! Bitcoin will not remain as it is presently. A lot of development will ensue and the micro payment issue will be solved. At this stage, we may be having huge issue with the transaction fees, but a time will come when transaction fees will be minute, processes will be faster and we will end up seeing more people accepting as means of payment.
We may still be back to this though, with the look of things and as adoption keeps increasing.
We need both because in that way bitcoin will have the value in real currency and we need bitcoin because it is literally greater than the fiat in terms of investment.
Jump to: