Topic: Are cryptocurrencies better than regular currency - page 22. (Read 19667 times)
For me yes, because crypto currency have a potential that the value can increase ,the fiat is always steady on its price, but we need same, especially our local currency because it can buy our daily needed like foods clothes etc.
As of now cryptocurrencies are best only for an investment purpose and not to use it as a real currency because for that no businesses are accepting it as a currency in my country yet.
Well no fiat is still better than cryptocurrency in every other way. because of this reasons.
1. Fiat can be used everywhere even without internet connection unlike cryptocurrencies
2. Cryptocurrencies especially bitcoin are slow than any payment methods it must have to wait 10 mins in order to confirm the transaction.
3. Most of the shops and store isn't adapting bitcoin so, it will be hard to find a shop to buy with bitcoins.
1. Fiat can be used everywhere even without internet connection unlike cryptocurrencies
2. Cryptocurrencies especially bitcoin are slow than any payment methods it must have to wait 10 mins in order to confirm the transaction.
3. Most of the shops and store isn't adapting bitcoin so, it will be hard to find a shop to buy with bitcoins.
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.
Bitcoin is being used for direct transactions however it is not feasible as regular currency. Bitcoin is better suited transaction of money from one country to other or inter bank. Other major problem with the crypto currency is that you need internet connection for transaction. Which may be available sometimes it may not be available. There are third world countries which lag good internet connection. For companies or shops bitcoin is great if they want to transfer big chunk of money to somebody else where banks charges hefty amount to do the same.Regular currencies are real easy to work with. Everyone understands it and ready to deal with it.
maybe now bitcoi is not better than regular currency because bitcoin is only reach people by internet but soon after many government approve bitcoin then bitcoin will become better. beside that bitcoin itself is still fixing and there is a lot of to do to make sure that bitcoin can work properly in the real life if bitcoin have purpose to be a real currency. once the government know that bitcoin can help many people and bitcoin can give benefit for their citizen, i think the government will accepting bitcoin as the payment too.
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.
Yes, cryptocurrency is decentralization and we know that the regular currency is a centralized system that creates many problems such as poverty, the centralized system makes it difficult for poor people to grow so they continue to be poor.
No, I don't think bitcoin are better than regular currency because bitcpin don't have fix value, it aometimes rise, sometimes high, so there are risk And you can't use bitcoin offline you still need internet to use your bitcoin
yes we need both,
reasons :
1. around world there are countries who does not have internet access so how they can use bitcoin instead of fiat.
2. Blockchain technology is far better and secure than traditional way of transactions thats crypto is also has potential to change the world.
reasons :
1. around world there are countries who does not have internet access so how they can use bitcoin instead of fiat.
2. Blockchain technology is far better and secure than traditional way of transactions thats crypto is also has potential to change the world.
Cryptocurrencies are better for investment and speculation because through it, you can earn big compared to investing in stocks using fiat that has stable values and you may wait for a few years to profit from it or at least double your money whereas in cryptocurrency, if the timing is right, you can just invest or trade and if you have the right timing of buy and sell then you can double your money in just days, weeks or months. There is a huge difference in time frame of return of investment. But then we still need regular/fiat currency because it is the one use by everybody and usage of digital currency is limited nowadays because only selected merchants accept it.
Yes. Fiats get old and they can be tear apart or burned. They also release prints of new versions of them to replace the old ones and btc won't encounter things like those.
Yes, it is, i can earn in cryptocurrency while in ordinary currency it takes time to earn a little profit.
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.
If you say that bitcoin is better than fiat for transaction, I won't agree. because bitcoin is a horrible transaction processor. It takes at least 30 minutes for a transaction to get confirmed. That's not fit for real world transaction. However, if you say that bitcoin is a better investment than fiat investment, then I will surely agree. Because the kind of return bitcoin can give no other real world investment will be able to provide.
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.
yeah same bro i also believe that bitcoin is better than all currency. crypto also is better than traditional currency it because the price is higher compare to traditional and all cryptocurrency gets unstable price thats why crypto is very good compare to traditional currency. 
Obviously, users would tend to prefer cryptos more and the reasons would not be far from its exchanging value compared to paper money. Another reason is the decentralized nature which makes someone to use the coins from anywhere without being monitored or controlled. They are actually better.
Sure, crypto is better in every way and may end up being the preferred currency, easiest way to make payments etc but I still believe we cannot do without both the bitcoin and the fiat. Things will change pretty fast in the next few years of course, but for a more balanced community, it is normal to just have both keep moving on and let the users themselves keep deciding over time which they prefer better.
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 some instances maybe yes. The better usage between those two type of currencies depends on the situation of where those can be fitted to be use. Both are useful and beneficial on different manner that is why bitcoin is better on some manner than real or natural currency and vise versa. For us to be able to cope up and avoid choosing between those two, it is better if we will have both so that we can have choices on different situation. 
Bouth of them are needed, the paper and crypto coins. Bitcoin it's still young in financial market and it has to grow, to be more mature, the volatility skears wallstreet.
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 point is fair at your view of explanation but in actual we need both Because both of them have a Big need in our life .Here we can't make money easily without cryptocurrency , so here we can't ignore bitcoin like things easily , opposite of this we need fiat which are regualr currencies are big need of our life because every perosn in offline as well as in online can accept regualr Because they know that currency .
So here can't ignore either of them , and also I think that we should give importance for both of them equally Because these are also a better option to make earnings with each other . So here we should be positive with all types of different different things and platforms to make life more easier with maximum options .
Obviously, users would tend to prefer cryptos more and the reasons would not be far from its exchanging value compared to paper money. Another reason is the decentralized nature which makes someone to use the coins from anywhere without being monitored or controlled. They are actually better.
Sure, crypto is better in every way and may end up being the preferred currency, easiest way to make payments etc but I still believe we cannot do without both the bitcoin and the fiat. Things will change pretty fast in the next few years of course, but for a more balanced community, it is normal to just have both keep moving on and let the users themselves keep deciding over time which they prefer better.
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.
We need both of it no matter what happens as it have their own advantages and disadvantages, Bitcoin is no doubt much better payment platform in paying money online as it have much faster and cheaper rates compare in our regular currencies but still we need our local Fiat money because for now not all establishments are accepting Bitcoins as a payment in exchange of their goods or services. And old people don't want to use modern technology of course and those children that can't yet read and write so Fiat moneys is still usable and efficient.
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