Topic: Are cryptocurrencies better than regular currency - page 44. (Read 19683 times)
Probably not, because in able to make a payment using bitcoin or other cryptocurrency the buyer and the seller needs to have a internet connection, and the price doesn't have a stable state so basically every time the price moves the price of the product moves too or it will lose demand or gain depends if its a price up or a price down, that means there will be no such thing such as suggested retail price in other words buyers can make more mistakes by buying a product.
I particularly think we need both because they both have pros and cons and their pros can help us as mankind going forward so we can for instance just make a hybrid of them and have a single currency with both features of fiat and that of cryptocurrencies so that we can have both advantages in one.
If we will base on the things that a cryptocurrency have and the things that is capable of using then i can say that regular currency is left behind and cryptocurrency is better than regular currency because it is created because of the advanced technology and it can be used online which is the bridge for faster transactions and better flow of money in our economic situation.
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.
Fiat will be above of all cryptocurrency because the cryptocurrency is not that adopted in the real world so basically not all people know and can use the bitcoin yet but in future I think that will be possible. Moreover the fiat is accepted in every part of the world just change or exchange it into the currency changer if you are in another country. 
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.
For me too bitcoin is far more better that any other currency no matter that is a fiat or crypto. because bitcoin is giving more benefits to us than any other currency. We have more benefits in it.
Yes, you are right! It is a big help for us. Bitcoin is the best of them all. We benefits a lot in bitcoin. It helps us in our everyday needs and helps us in our financial assistance. 
For me crypto currencies are better than a regular currency by means of online payment transactions. For example is when buying things online, instead of meeting up in an agreed location, the payment can be done digitally. Other people used their stored money in cards like ATM, Paypal and etc. but ain’t it more comfortable and less hassle if you have money stored online. Online wallets serves as storage for bitcoin and these just makes any online transactions faster.
Crypto currencies are suited for these kind of payments than regular currencies. There are also instances where your country’s currency needs to be more converted first to a specific currency like peso to dollar in order to perform a transaction.
Crypto currencies are suited for these kind of payments than regular currencies. There are also instances where your country’s currency needs to be more converted first to a specific currency like peso to dollar in order to perform a transaction.
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.
Agreed. Credit cards are getting hacked and stolen everyday. Although some argue that they are covered by the security guarantees of each company, aka you can chargeback after finding your credit card statement filled with unauthorised transactions, it's still a long and costly process and sometimes you won't be able to prove that you did have a secure password, a secure pin, and your machine was secure.
I don't think that bitcoin mining is a big thing right now considering that the difficulty is just so high that it is completely unprofitable for anyone that is just mining at home. Pools of miners with extremely cheap hardware and electricity are the ones that are really contributing to the network hashrate, not at home users. But bitcoin's irreversibility and anonymity as you said is what makes it so much better.
As a currency, crypto currencies still not as efficient as local currency, because there are still not many things that can be bought using crypto, but if you want to used it as global currency then it is very useful, the good side of crypto is it can be used as currency and also as investment, that is why more people will vote crypto currencies is better than usual currency
Exactly! Both crypto currencies and regular currency are actually better since they both have different use. In a third world country like mine you can't barely see any store that is accepting cypto so most of my fellow men are only using crypto for investment as of now since the direct use of it is still not available here.
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.
Since this was truth in the last year or 2-3 months because currently the Bitcoin is not a good option to use for the practical life small small things to buy because we need to pay more fee ( of value 1-2$ atleast which is not a small amount for common man) .So here not everyone can loss his Bitcoin fee of 0.001btc or more for the single transaction .At one side earnings of the Bitcoin became tough and another side the fee is increasing , so for small small transaction it is more better to use fiat instead of the Bitcoin .
But still if we have a payment option of the other crypto. like eth dash ripple dgb etc creva monero then we have a good option to pay because fee is worthless in the last coin .
ETH is still having the fee of about half of the Bitcoin .
But we can make Hope that soon new improvement we will see in the Bitcoin and will use it for the payment purpose easily without tension of high fee .
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.
This is not why cryptocurrencies are better. What you talk about here is current lack of regulation. Do you think that in the future, when we will have, hopefully, massive adoption, minors will be able to use crypto to buy from merchants or use the services normally unavailable for them due to age restriction?
Kids can now use crytpo because there is not really regulation in place, we can use, create and do whatever we want with our tokens.
Mining of bitcoin is not really possible if you are a single miner. Other altcoins might be better to mine, but you can't use them directly as they are usually not accepted by any business.
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.
Governments issue currencies are subject to a lot of laws and manipulation, that is why we see the rich getting richer and the poor getting poorer. Bitcoin was invented to destroy this financial injustice and manipulation. Remember in Crypto currencies you are your own bank.
Honestly both have a factors on which we can use and i can't say which is better because we already use this in online as cryptocurrency and regular currency . Instead of comparing which is better it is best when we use both in our own use and thinking for its advantage both onlune and offline currency have a good sense of use.
Oh... I'm surprised I'm part of the majority of votes.
In the current state of our world, both have to co-exist for now. To get the best out of cryptocurrencies, we need to cash it out into fiat by some amounts in varying intervals. And if we are to get the best out of fiat, we need to invest in crypto during dips. Of course, I'm only stressing the relationship of the two currencies, regardless of other methods of obtaining such.
The world isn't ready for exclusively using crypto yet. It has to first take advantage of both, until for some reason it is no longer beneficial for fiat and crypto to co-exist.
In the current state of our world, both have to co-exist for now. To get the best out of cryptocurrencies, we need to cash it out into fiat by some amounts in varying intervals. And if we are to get the best out of fiat, we need to invest in crypto during dips. Of course, I'm only stressing the relationship of the two currencies, regardless of other methods of obtaining such.
The world isn't ready for exclusively using crypto yet. It has to first take advantage of both, until for some reason it is no longer beneficial for fiat and crypto to co-exist.
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Both have their own advantages. first, mining is the same as working so when you're using some sort of credit card then it's the same as using bitcoin, you'll lose your money for buying things. Credit cards mostly have a really strict rule in regards to which person is capable of using it because giving credit is like giving a loan, if someone can't repay it, the bank needs to make a movement to get this solved which also will make them spend their money.
By using Bitcoin you can send money to everywhere without any complicated requirements but seeing from its fee, not really an efficient way whereas banks offer the opposite, it's all up to you to decide though.
By using Bitcoin you can send money to everywhere without any complicated requirements but seeing from its fee, not really an efficient way whereas banks offer the opposite, it's all up to you to decide though.
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.
Cryptocurrencies are good because we can avoid those fees that are sucking our pockets when we are going to pay any banking service. And there's no need for us to submit requirements and information just for us to get confirmed with the transaction that we want to do by shopping online. 
As a currency, crypto currencies still not as efficient as local currency, because there are still not many things that can be bought using crypto, but if you want to used it as global currency then it is very useful, the good side of crypto is it can be used as currency and also as investment, that is why more people will vote crypto currencies is better than usual currency
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 we compare bitcoin to the cash i think each of them have pros and cons, bitcoin is better than cash because bitcoin is decentralized while cash is better than bitcoin since cash is widely used, i might confess that bitcoin for now seems like it's not ready to be a currency especially if we adopt it globally and using it whether as online or offline due to the higher fee and long confirmation, but one thing that make it best is, it can't be taxed and controlled by the government like cash.The best thing for me about bitcoin is that it cant act like out banks ,we alone can vontrol and manage it knowing that soon its value will increase and there no tax to less on our profit. Cash is only good for now since btc can't be used elsewhere since no establishments ,business accepted it yet as payment.
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 opinion, I think we need both since the transaction fees with be probably too high of we just used bitcoin. There are also way less transactions with Bitcoin then compared to credit cards and other forms of payments.
I don't think we will be able to just use Bitcoin as our currency since it would be way to hard to just replace regular currencies with cryptocurrencies, it would have to many variables and it would just be painful to make the change. I think we need both of them to co exist since cryptocurrencies have really helped out ecomony, with providing jobs for heaps of people.
The big problem here is acceptance, with no doubt there are heaps of places that don't accept cryptocurrencies compares to the places which accept other forms of payment. How would we make all the shops accept Bitcoin as much as the shops that accept cash or credit card. This is the real question
You meant crypto currency and not currencies right? because if you want to compare them to real regular ones then you'll see that you can't simply print them in your basement like all other coins than bitcoin. Those coins are just a bad joke made by some people with a bad sense of humor.
Cryptocurrency is better only if going to use in online transaction, it will be faster than using regular many in doing online trades. But the problem nowadays when using Bitcoin as a payment it requires a big amount of transaction fee so that it will be process fast. So in my opinion regular currency and crypto currency both have pros and cons depending on how you will use them.
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