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Topic: Are cryptocurrencies better than regular currency - page 36. (Read 19683 times)

full member
Activity: 154
Merit: 100
On the ideal part of using the cryptocurrency, yes it is. As well know fiat money is controlled by a centralized agency which is the Federal Reserve System.
hero member
Activity: 1386
Merit: 504
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 don't think that cryptocurrency is better than regular currency, because we need real money to buy our needed. Yes we can have money through the bitcoin and its great help for us. I think it will be better if we buy through bitcoin directly.
It depends i do think that many of the sellers would agree to this because the price fluctuates and we can only pay the exact amount with fiat money. It is not easy for the government to be used bitxoins with that unlikely for the bitcoiners who have money and wanted only to make more bitcoins by paying them in BTc amount.
member
Activity: 305
Merit: 10
CryptoTalk.Org - Get Paid for every Post!
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 don't think that cryptocurrency is better than regular currency, because we need real money to buy our needed. Yes we can have money through the bitcoin and its great help for us. I think it will be better if we buy through bitcoin directly.
sr. member
Activity: 658
Merit: 256
Freshdice.com
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.
Yes, cryptocurrency is indeed better than fiat in lots of ways. There's a bigger rate of inflation in cryptocurrency, compared to regular currency. The only downside of cryptocurrency is that, fiat is more stable in terms of their market value. All cryptocurrency are volatile. Fiat are sometimes having decrease on its value but not as big as in cryptocurrency even if in cryptocurrency, increases, in terms of itsarket value, at a bigger rate than fiat. I think it is because of the reason that most of the cryptocurrency are decentralized.
sr. member
Activity: 686
Merit: 277
I have voted in favour of Both because I think we need the both of the currencies. See, no doubt that crypto currencies will have their dominance in fund transfer industry in the coming years but still there will be people who will use fiat currencies. The basic need for the cryptocurrencies is the internet and we must realise the fact that not everyone is capable of using the internet for one or more reasons so for them we can't completely ignore offline fiat transactions. Yes, crypto currencies are better than fiat currencies in terms of utility but still, we need both.
Definitely we are bound to use both currencies. We are in need of both of these currencies so that our businesses and other things run smoothly. Whole world will never agree for the replacement of fiat with digital currencies completely. The major issue becomes the maintenance of the internet.
hero member
Activity: 994
Merit: 544
I believe bitcoin is better though we both need the fiat and the crypto.  Bitcoin can be earned by any gender and any class.  Students are one of the biggest earners of bitcoin.  Unlike the regular currency, bitcoin can be earned whatever time and at your own convenience just being by your house.  Unlike regular currency wherein you really have to exert effort physically and exposing yourself.  Both are good yet for me bitcoin is better.
sr. member
Activity: 434
Merit: 252
It is now such a situation. I am sure that soon everything will begin to change. We are now seeing active modernization of bitcoin. I hope this will mean that transactions would be faster, and the cost of small transactions will be cheaper. This will help to develop trade with bitcoin and we will get all other possibilities.
sr. member
Activity: 266
Merit: 250
Of course, no, cryptocurrencies is not better than regular currency. because for first it is not real money, and most people do not know about cryptocurrencies, Good way is investing on crypto and then convert it into real money and get profit
hero member
Activity: 1022
Merit: 538
they both coexist with a reason, but maybe in future we dont need fiat anymore.

I am looking forward for certain country to only use crypto in their daily activity
Anyone who’s going to decide to live by relying on Bitcoin, you are sure as hell dead, because there is no way you can buy and sell goods. Bitcoin is just a powerful tech stock for getting rich. And once you make an investment, you’re getting rich. You need to fiat to be able to spend your bitcoin, because fiat is the real money.
hero member
Activity: 1190
Merit: 534
I have voted in favour of Both because I think we need the both of the currencies. See, no doubt that crypto currencies will have their dominance in fund transfer industry in the coming years but still there will be people who will use fiat currencies. The basic need for the cryptocurrencies is the internet and we must realise the fact that not everyone is capable of using the internet for one or more reasons so for them we can't completely ignore offline fiat transactions. Yes, crypto currencies are better than fiat currencies in terms of utility but still, we need both.
hero member
Activity: 1120
Merit: 501
www.bitcoin.org
they both coexist with a reason, but maybe in future we dont need fiat anymore.

I am looking forward for certain country to only use crypto in their daily activity
sr. member
Activity: 448
Merit: 250
I think both are equal. They have both advantages and disadvantages to each other. There's no need to compare that. They're both helpful and useful to people so that they afford to satisfy their needs. Though they have different concept, they have only one common use: to transact and spend on products and services
hero member
Activity: 1092
Merit: 501
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.
Its true that bitcoin/altcoins are really better than regular currency. Because of the volatility many of the users are gaining benefit  from it compare to the real money. Bitcoin was a very safe one to make savings for the future, it is good too because of decentralization that bitcoin has.
sr. member
Activity: 840
Merit: 254
Bitcoin has so many limitations that can make one to comfortably say regularly currency is far better as compared to bitcoin. Some of the limiting factors include the following. Bitcoin cannot be use offline, bitcoin transactions charges is too high, not everybody know more about bitcoin etc.
Bitcoin is not perfect, so it is natural that there are limitations to what we can do with our bitcoin but I do not have a  doubt in my mind that the benefits of bitcoin outshine its downsides, for example bitcoin is decentralized, no one can take your bitcoin, bitcoin does not belong to any country, you can carry your bitcoin anywhere and you can earn a lot of money by just holding.
sr. member
Activity: 644
Merit: 250
Cryptocurrencies is a better than Fiat (currency) . The Bitcoins and other crypto Flactuating price while currency fiat money not so if you have 1$ this is 1$ forever  and in Bitcoins and other Altscurrency can make a 1 PCs of coins into 1$ or even 1,000$ or more.  And the biggest advantage of alts vs fiats is a becoming a millionaire even the 1 PCs of Altcoins. So think what'd is better the fiat money the remains on its value forever or a altcurrency that can make a 1 PCs of coins into a thousands dollar.
But that feature of fiat currency ultimately makes it a better day to day currency than volatile cryptocurrency. For the nation growth, stable currency is very much required for attracting foreign investment and thus strengthening the economy. Cryptocurrency indeed have a huge list of benefits. But fiat can't be ignored too. They both will most likey coexist.
sr. member
Activity: 462
Merit: 250
Cryptocurrencies is a better than Fiat (currency) . The Bitcoins and other crypto Flactuating price while currency fiat money not so if you have 1$ this is 1$ forever  and in Bitcoins and other Altscurrency can make a 1 PCs of coins into 1$ or even 1,000$ or more.  And the biggest advantage of alts vs fiats is a becoming a millionaire even the 1 PCs of Altcoins. So think what'd is better the fiat money the remains on its value forever or a altcurrency that can make a 1 PCs of coins into a thousands dollar.
legendary
Activity: 1120
Merit: 1000
for me i believed that crypto is so much useful than regular currency im using bitcoin as my daily money which i used to buy goods for my living. there's alot of company whose accepting bitcoin as a payment that's the reason why im glad that they're adapting bitcoin too. bitcoin also makes my money goes to double or triple some times than regular putting money on a bank which does not give you enough profit.
to me i think that bitcoin is too much useful but currency we cannot get get benefit form it  as currency. but i am sure that when bitcoin will become more popular and the users of bitcoin will increase then we will get the real benefit of bitcoin.
hero member
Activity: 896
Merit: 521
I have always believed that Bitcoin or cryptocurrencies as major are built in a way that they can only coexist with fiat currency or any kind of national centralised currency of a country, but can't eliminate it.

Both have their benefits. Cryptocurrencies on one hand help in online transactions, trading, investment, anonymity etc. Then on other hand regular currency is best suited for day to day transactions. I doubt there is any cryptocurrency available which can match the ease and speed of cash transactions. Also the volatility of cryptocurrency will create a problem in economic development of a country. Regular currency is best suited for that.

We need both of them as for now.
hero member
Activity: 3108
Merit: 577
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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 had to admit that crypto currencies for me are better. With your explanation about credit card and cash, it's why I like to use crypto's. Though the acceptance of bitcoin is still limited it is not that popular here in my country for now. But there are some other bitcoin users so and it's one of the best way to purchase.
Even though we do like for cryptocurrencies to be the main thing here but we cant just really let those traditional things behind since its being majorly used on our daily living and as you said there are places on which bitcoin and other coins coins can be used which means we would really still stick up on using fiat currencies thats why i do select on the poll on having both things would be a best choice as of now.

No doubt that traditional way of buying things, paying services and money will always be preferred with cash. We are used to this way of transacting from the people. Oh well I have to consider it that having both things will still be reliable as usual. Because cash is still the main thing that we have to use in traditional transactions.
legendary
Activity: 2912
Merit: 1068
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Maybe cryptocurrencies aren't better because they are not so accepted in real world and you can't use them everywhere and for everything but they are a very useful and convenient alternative. It's good to use both then you can combine when and where something suits you best. For people who don't trust/love banks and aren't neccesary tied to them because of salary, loans, credit cards etc. cryptocurrencies are great choice.
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