CRYPTO AND FIAT MONEY BEST COMBINATION - page 10.

vickybitcoin

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Quote from: Hagmonar on April 22, 2018, 11:29:02 AM

I bilieve that in the future crypto currency will not replace fiat money as mode of payments in the future. Why? Because this two currency have a unique combinations that make our life more secure and convenient transactions trough offline and online transactions.

1.Crypto currency is more secure and faster transactions than fiat money via long distance and transactions like sending money around the world crypto is fast, safe and more secure then fiat money in this case fiat money is not good and slow in long distance transactions.

2.Fiat money is more faster and more easier in hand to hanp, face to face transactions and offline transactions in this setuation crypto currency is not good.

This 2 reasons why crypto currency and fiat money will be a powerfull combination in the future.

kucritt

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i agree with you that bitcoin will never makes bitcoin gone, the best thing is when bitcoin is work alongside the fiat, from that you say i\that bticoin is secure and fiat is faster, which is the people can use two of this in the future, for investment and asset they can use bitcoin and for daily they can use bitcoin and fiat.

VeeraS

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Quote from: Hagmonar on April 22, 2018, 11:29:02 AM

I bilieve that in the future crypto currency will not replace fiat money as mode of payments in the future. Why? Because this two currency have a unique combinations that make our life more secure and convenient transactions trough offline and online transactions.

1.Crypto currency is more secure and faster transactions than fiat money via long distance and transactions like sending money around the world crypto is fast, safe and more secure then fiat money in this case fiat money is not good and slow in long distance transactions.

2.Fiat money is more faster and more easier in hand to hanp, face to face transactions and offline transactions in this setuation crypto currency is not good.

This 2 reasons why crypto currency and fiat money will be a powerfull combination in the future.

yes, I think fiat money will still be used in traditional market transactions and other things related to real trading. but I believe the future of crypto and bitcoin will increase in the future.
I think I should agree with your discussion.

zarintasnim

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I think you point out very good combination between fiat money and cryptocurrency. Yes its very true that cryptocurrncy and fiat money very active their won field. Those are very important in economic field.

Tokengrade

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teklang01

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Quote from: Hagmonar on April 22, 2018, 11:29:02 AM

I bilieve that in the future crypto currency will not replace fiat money as mode of payments in the future. Why? Because this two currency have a unique combinations that make our life more secure and convenient transactions trough offline and online transactions.

1.Crypto currency is more secure and faster transactions than fiat money via long distance and transactions like sending money around the world crypto is fast, safe and more secure then fiat money in this case fiat money is not good and slow in long distance transactions.

2.Fiat money is more faster and more easier in hand to hanp, face to face transactions and offline transactions in this setuation crypto currency is not good.

This 2 reasons why crypto currency and fiat money will be a powerfull combination in the future.

You have a very good point, bitcoin in online transactions and fiat money for offline transactions. In my opinion, when the bitcoin is widely accepted as currency and payment system, it will replace the fiat money and perhaps we can also send and recieve bitcoin through offline.

stayeduptolate

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Quote from: Hagmonar on April 22, 2018, 11:29:02 AM

I bilieve that in the future crypto currency will not replace fiat money as mode of payments in the future. Why? Because this two currency have a unique combinations that make our life more secure and convenient transactions trough offline and online transactions.

1.Crypto currency is more secure and faster transactions than fiat money via long distance and transactions like sending money around the world crypto is fast, safe and more secure then fiat money in this case fiat money is not good and slow in long distance transactions.

2.Fiat money is more faster and more easier in hand to hanp, face to face transactions and offline transactions in this setuation crypto currency is not good.

This 2 reasons why crypto currency and fiat money will be a powerfull combination in the future.

Obviously the combination of crypto currency and the digital currency is the deadly one and both the currencies should go hand in hand and as u stated in your post that both the currencies play a very vital role in the economic world but in the era of digitalisation, we can easily see that people find ease in using digital currency than Fiat money and I also personally feels that digital crypto currencies are much more convenient to use and most likely it will not replace Fiat currency but could reduce the use of Fiat currency.

Flayme

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Yes absolutely it is the best to combine cryptocurrency and fiat money, we know that both of these two types of medium of exchange is have a greatest significance. However both of them are good because it helps people in anyway like fastest way of transaction. So that the idea to combine completely the cryptocurrency and fiat money is one of the best solution to improve our future generations.

jayco25

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Quote from: Hagmonar on April 22, 2018, 11:29:02 AM

I bilieve that in the future crypto currency will not replace fiat money as mode of payments in the future. Why? Because this two currency have a unique combinations that make our life more secure and convenient transactions trough offline and online transactions.

1.Crypto currency is more secure and faster transactions than fiat money via long distance and transactions like sending money around the world crypto is fast, safe and more secure then fiat money in this case fiat money is not good and slow in long distance transactions.

2.Fiat money is more faster and more easier in hand to hanp, face to face transactions and offline transactions in this setuation crypto currency is not good.

This 2 reasons why crypto currency and fiat money will be a powerfull combination in the future.

This is the best comments regarding FIAT and cryto currencies. To aim to replace the FIAT is absolutely impossible maybe we can say that using FIAT and crypto currencies become optional to the people. The people are free to choose what they want for any transaction.

#Support Vanig

sieemma

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We all wish this happen that crypto and for that matter, bitcoin, will be accepted all over the world and used as an international currency. Exchanging from one currency to the other is very annoying especially when you get to a place the first time.
By the way, crypto and fiat should move because we can't get all our assets on the net

kurdapyo

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Quote from: Hagmonar on April 22, 2018, 11:29:02 AM

I bilieve that in the future crypto currency will not replace fiat money as mode of payments in the future. Why? Because this two currency have a unique combinations that make our life more secure and convenient transactions trough offline and online transactions.

1.Crypto currency is more secure and faster transactions than fiat money via long distance and transactions like sending money around the world crypto is fast, safe and more secure then fiat money in this case fiat money is not good and slow in long distance transactions.

2.Fiat money is more faster and more easier in hand to hanp, face to face transactions and offline transactions in this setuation crypto currency is not good.

This 2 reasons why crypto currency and fiat money will be a powerfull combination in the future.

plus crypto has unstable price which happened to be its advantage, on the other side fiat has has stable. This characteristics of this two currency make a good combination.

Skyonito

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depends on which place you are talking about

Doge dealer

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This is only so because fiat money is still the major and most efficient means of exchange for goods and services but as time goes by and bitcoins becomes more popular then you will find that fiat (physical money) will become less popular as people will gravitate towards a cashless, fast, system that eliminates the need for them to leave the comfort of their home to do any transaction whatsoever. This will happen on the fast, secure un hackable blockchain system which most companies are adopting now.

bocyaj

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Every currency had their own features. In future,bitcoin will replace the FIAT. But I don't think entire Cryptocurrency will replace the FIAT.If every country had created their cryptocurrency.It may replace their country FIAT.For this technology to reach throughout the world, we need to wait for some decades.

Dudeperfect

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There are some people who believe that crypto is going to replace fiat currencies in the coming years but they ignore the fact we have the high number of illiterate when it comes to technology and hence not everyone is in the position of using cryptocurrencies as basic knowledge of internet/computer is a must for it. Thus fiat currencies are not going anywhere and we have to live with two options but we will see governments will adopt blockchain for fiat currencies too but they won't it decentralized.

walemil

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You are correct with your illustration but you will have to understand the fact that the world is moving towards a stage where carrying out financial transactions with physical cash will be reduced to almost nothing (cashless economy) and this is where cryptocurrencies will have much role to play.

Kikir leutik

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Quote from: Hagmonar on April 23, 2018, 10:05:57 AM

Quote from: Meysa_richa on April 23, 2018, 07:08:44 AM

I agree with you, because we are equally in need, we need fiat money because we know that not everyone in the world can access the Internet or use the Internet.

Thats true actualy i have found some people who realy dont know how to use even an old mobile phone as a basic call and text communacations only. In that case they need fiat money because they dont know how to use internet but at the same time they can also slowly study about on how to use crypto currency.

I agree with your reasons. not everyone knows the internet especially in the use of mobile phones, so the use of paper money is required.
if the internet is evenly distributed, real money will be used digitally.
well this will make money crypto and fiat money into the best combination.

Veterock

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In my opinion it's not right to choose one thing. Fiat money is convenient for use in everyday life, and crypto currency is more convenient as a means of saving money.

melonbtchunter

newbie

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Yes, at this time in the development of the world, it deserves praise and creates an asset as a really good combination. It is a good initiative of the government to adopt it for online money transfer. The transaction for transactions and offline transactions is connected to the outside world without money. In this way people will gradually benefit from cryptocurrency and will be able to know about it.

Spaffin

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Quote from: Hanazawa on April 23, 2018, 01:13:38 AM

You have a big point for this! The combination of Fiat money and cryptocurrency is good ways of transaction and payment. At this year we could not say that crypto currency will never replace the fiat money because crypto is newly for this generation. Maybe after a decades crypto currency will become ahead to the fiat money as primary way of all transactions and payment all over the wolrd.

We are now going to the advancement of technologies and global modernization, we considered now as a starting point of revolutionary changies so we must follow what are the natural phenomenon that happen in this world.

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