Are cryptocurrencies better than regular currency - page 32.

Wowcoin

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Quote from: Crapz23 on June 19, 2017, 01:38:51 PM

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.

No i think it depends to person how to manage their money in a good way. Cryptocurrency like bitcoin is good to used for online investment and much better that we use cash.
Bitcoin can't use it instant in offline transactions you need first to convert it to cash before you spend it.

henmark

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Quote from: Crapz23 on June 19, 2017, 01:38:51 PM

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.

Bitcoin is better than conventional money because, firstly bitcoin can increase in value in a little time, while conventional money does not have that power. Bitcoin isn’t affected by environmental conditional while conventional money is.

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Quote from: Crapz23 on June 19, 2017, 01:38:51 PM

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 are just really basing on credit cards then i would say that bitcoin and other altcoin would really be better since it doesnt really require any age for you to use it. Since we are talking about money on here we would really have the full control of our funds and we can easily make transfers or transactions with other people who also using it but talking on general it wont really come to a time that cryptos would be more better than regular currency.It wont really happen.

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We need both so far, but not for forever imo. In the future, with advanced technologies, when it will be easy for everyone to use different cryptocurrencies in everyday life, fiat will be gone. I'm sure this time will come, the question is when we can expect that happen. I think it will happen not sooner than in 20-30 years.

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honestly not yet. crypto is so volatile.

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Small merchants could benefit from this because the bank charges for purchases using cards from 3 to 5% of the incoming funds. it anticipates a bright future for the currency and makes a parallel with social networks, unknown 7 or 8 years ago and unavoidable today.

Banks are the most hateful commodities in the today’s world. They are all time making new bloody policies to garb as much money from customers as they can. On the contrary, digital currencies are giving complete freedoms to masses and I can see that merchants will prefer digital ones in the near future.

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Quote from: Kava on August 27, 2017, 05:24:20 AM

This is not always useful because not all of them accept crypto-currencies which can be paid for purchases or pay for services. In addition, there is not always an opportunity to use electronic money.

Why not have opportunity to use cryptocurrency (do not like your definion electronic money)?
In future, if cryptocurrency can popular than now, that's easy to do, because you just need have a smartphone have function scan QR code, you can start trade your coin anywhere and purcharse any things.

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Quote from: keeee on August 18, 2017, 03:50:26 AM

Quote from: Crapz23 on June 19, 2017, 01:38:51 PM

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.

When we are talking on what is much better between cryptocurrency and regular currency, we cannot conclude it. They both have their own stand in our society. They both have pros and cons if we try to observe it. Crypto is not legal while regular currency are not. Aside from it there are a lot of differences between them.

Precisely, if indeed we compare something which in fact have different functions then it is not the right steps. Cryptocurrency and regular currency does have the same nature, that is used for transactions or Exchange. But both have a segment or different places and also the advantages that can be obtained is much different. just imagine, cryptocurrency can be used for investment with a greater advantage, while the ordinary currency may be used for investment but the gains are not guaranteed big since it depends on a country's financial turnaround.

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This is not always useful because not all of them accept crypto-currencies which can be paid for purchases or pay for services. In addition, there is not always an opportunity to use electronic money.

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Quote from: Crapz23 on June 19, 2017, 01:38:51 PM

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 that how many people, so much and opinions. It is possible long to discuss that better, but will so not agree. Who that likes one currency, and to whom that other.

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Quote from: farwellbit on August 23, 2017, 07:51:51 AM

Bitcoins are better than normal currency a hundred times. Bitcoin is that form of money that you hold and you’re assured that it can increase its value over some hours while paper money doesn’t posses such superb capabilities.

Fiat in fact does the opposite, fiat steals value from you every second you hold it, I think people despite not understanding the economy get this somehow and this is why the savings of many people are zero, after all what is the point of saving if you lose money every single second?

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Yes, bitcoin and other cryptocurrencies are better than regular currency in so many ways like fast transactions, security, and a lot of other things. Bitcoins are now more safer to use online than any other typical currency because it may help you avoid getting your personal information leaked some where in the web. Cool

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I believe they have advantage from each other, the one being highly volatile and the other one being highly regulated. I think in terms of profit, there is more profit in cryptocurrency since they are govern by market speculation. But in terms of security against fraud and scams, I think regular currency is better.

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Quote from: farwellbit on August 23, 2017, 07:51:51 AM

Bitcoins are better than normal currency a hundred times. Bitcoin is that form of money that you hold and you’re assured that it can increase its value over some hours while paper money doesn’t posses such superb capabilities.

Well let's just say that they havr different uses and both have their own positive qualities. Feature wise, crypto makes life a wholr lot easier for online transactions. Online transactions. That's where regular currency edges crypto. Crypto has no physical form so people from lower ranks of society would have a hard time using it.

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Quote from: pitiflin on August 20, 2017, 01:28:01 PM

Quote from: Crapz23 on June 19, 2017, 01:38:51 PM

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.

Of course they are better on one hand.But not using credit card makes some dumb head think that he/she is doing some illegeal bullshit. Also its better that credit cards have age limit,otherwise some rich dumbheads will make their parents bankrupt in a fortnight. Bitcoin is complicated for lazy people who are rich,so they say that its this and that and blah and blah.. But i'll probably use credit card for my day-to-day expense and keep bitcoin for later use.

Crypto currencies has their own ways of being better and fiat also has its own ways of being better. But for risks? I would say both of them are risky. Bitcoin is kind of amazing, you can hold a million worth of it and it’s just right in your phone, nobody knows. But it can be hacked by someone, and the same for fiat, because it can be stolen and worst if it’s on gunpoint.

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Bitcoins are better than normal currency a hundred times. Bitcoin is that form of money that you hold and you’re assured that it can increase its value over some hours while paper money doesn’t posses such superb capabilities.

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Quote from: oegarod on August 16, 2017, 06:25:07 AM

Each has got different usage. When we think about digital currencies, it has got only the virtual presence as well the usage opportunity is low compared to the regular currency. Here the profiting chances were high. With regular currency due to the increased market circulation the usage is much easier.

This is true at the moment digital currencies are obviously better in the internet and cash is better for face to face transactions but at the same time bitcoin and other alts will begin to get a market share of the face to face trades as well when the confirmation times gets faster.

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For now, No. But when the right time comes, it will be. For now, let's enjoy having both of the currencies.

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Quote from: jostorres on August 18, 2017, 11:20:34 PM

Quote from: Coffee135 on August 17, 2017, 09:29:24 AM

Quote from: Kaller on August 17, 2017, 08:52:10 AM

No, cryptocurrencues are not better than regular currency.
Actually, everything has its own purpose.
I think cryptocurrencies ha e some differences than fiat that's all. Tongue

Bitcoin better than cash. There is not a single currency in the world that can boast of the absence of inflation. Bitcoin shows continuous deflation. Isn't that an argument in favor of crypto currency? If you are referring to the risks that Fiat is also exposed to risks.

I agree with you that bitcoins are hell better than fiat. There is no currency in the world that is totally risk free. Fiat does include risks as well. We are always robbed when we have paper money. It is risky to save money in your house. Bitcoins give you full freedom. They are less risky than fiat.

If you talk about the risk, i think cryptocurrency have higher risk than fiat but im agree with you if cryptocurrency is better than fiat because cryptocyrrency is the only one currency that can give you high profit.

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Quote from: fullhdpixel on August 21, 2017, 08:21:15 AM

Quote from: kafiddrhman on August 18, 2017, 08:14:32 AM

Quote from: Wa(t)ch_night() on August 18, 2017, 07:56:05 AM

I think that the currency and the usual currency should exist together, these are two different directions. The usual currency is good to make small purchases, and the crypto currency can be used as an investment.

Yes I agree, it's good if both of these currencies have the same legality, although of course there are differences in transaction but still have the same function and very useful for everyone.

Yep, both types of currencies have enormous number of users. So instead of convincing people for replacing conventional money with digital currencies, it is far better to make bitcoins legal and let people enjoy both types of currencies. This will not create any chaos in the economic world.

This is best choice for helps elder and people like use paper money do not confused about change their currency. Honestly, most user Bitcoin and cryptocurrency are people under 40 age and they understand how to use it, special young people are the most used.

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