Topic: CRYPTO AND FIAT MONEY BEST COMBINATION - page 12. (Read 2214 times)
Cash and cryptocurrency can coexist. No doubt about it. I just don’t understand some people on why the two have to compete. Despite recognitions by some countries. Skeptics still outnumber us believers and would still stick to paper money. I respect that. Most oldies don’t want the complications and would prefer to stay off the grid.
I bilieve that in the future crypto currency will not replace fiat money as mode of payments in the future.
you area saying "cryptocurrency" instead of saying bitcoin so you are wrong and here is why.Quote
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.
nothing is stopping fiat to turn into a cryptocurrency! right now what you are using 90% of the time is not exactly cash it is some form of "digital currency" through banks, for example you use your credit cards, debit card, internet banking,... in the near future this can simply be a cryptocurrency that you are using!Quote
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.
you are talking about "cash" here not fiat in general. there is a difference between the two.
No it cannot change the fiat but i quess it will change the system
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.
It's not the problem of cryptocurrencies. The problem is that people. If they have to use cryptocurrencies, they will learn how to use it. Remember when debit cards were created recently. Now all the people use them. Becasue they have to use it.
I do not ignore bitcoin problems. But I think cryptocurrencies have the potential to replace fiat money in future. However we need both of them now because of some problems.
The problem is not on to learn in crypto currency but the problem is how do you use crypto currency in offline method? Specialy in some place that still dont have the internet connections. We all know that there still some place in the world that dont have an access in the internet and that is why we still need fiat money.
In my opinion, the crypto currency is a system in which there is coin coin which can be converted into the form of banknotes and banknotes it is a formation of a legitimate payment instrument in a country because of the existence of digital currency not all countries accept so a little difficult to make a valid payment instrument. That's in my opinion.
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.
It's not the problem of cryptocurrencies. The problem is that people. If they have to use cryptocurrencies, they will learn how to use it. Remember when debit cards were created recently. Now all the people use them. Becasue they have to use it.
I do not ignore bitcoin problems. But I think cryptocurrencies have the potential to replace fiat money in future. However we need both of them now because of some problems.
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.
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.
I agree with this reasoning and for me I believe that fiat money and cryptocurrency must work hand-in-hand. Cryptocurrency will be used to do transactions across boarders while fiat money will be used in everyday life especially in areas without any electricity and internet access. Both of them have its own advantages and disadvantages but if they supplement each others weakness then we will be expanding our financial horizon.
Just imagine if you go to a place that far away from modern technologies and you want to buy some food but you dont have cash in your wallet and that place was out of internet connections or even mobile networks providers how do you buy some food if you dont have a fiat money in your pocket. Thats the main reason why we need fiat money and crypto currency both together in the future.
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 also agree that fiat money will still not be replaced by digital currency. It may happen but in reality, based on our generation, there are still people who do not know how to use online-based technology like money transactions specially those people who are already old but when fiat and digital currency be combined or let us say work together, that will be great and efficient for us. It is not just be efficient but also offers us a great advantage and time consumption.
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.
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.
I agree there is no need to say fiat money will disappear. There are certain advantages fiat money can still offer, while clearly cryptocurrencies are the future of money
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.
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.
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.
I agree with this reasoning and for me I believe that fiat money and cryptocurrency must work hand-in-hand. Cryptocurrency will be used to do transactions across boarders while fiat money will be used in everyday life especially in areas without any electricity and internet access. Both of them have its own advantages and disadvantages but if they supplement each others weakness then we will be expanding our financial horizon.
One should agree with the opinion that crypto currency and fiat money will be a powerful combination in the future. In fact, they completely satisfy the demand of people for carrying out transactions and payments on-line and off-line, because they have their own strengths and weaknesses. In addition, at this stage, important will be the legal regulation of the market of crypto-currencies. After all, depending on this regulation and legalization, the crypto currency will be used, along with fiat money in everyday life.
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.
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.
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.
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.
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