Topic: CRYPTO AND FIAT MONEY BEST COMBINATION - page 2. (Read 2220 times)
crypto and fiat money co-existing is the best as they both can work perfectly differently. while crypto serves better purpose for online transactions involving huge funds, fiat can be use for purchase of small items especially in market places.
Both FIAT and cryptos will combine well and compliment each other the ease in exchanging each other is another plus for both convectional and the digital currency while cryptos is actually prone to hacking and phishing however with more sophistication in technology all the loop holes that is associated with easy access to wallets by hackers will adequately be taken care of especially now that Samsung is introducing a crypto featured smartphone that will be more secured.
2019 still the movement is all about the FIAT together with cryptocurrency.
We still need FIAT to encash and spend out money well. but once the regulation and adoption is all good.
we wil see the crypto moving alone and rising, people will forget FIAT.
We still need FIAT to encash and spend out money well. but once the regulation and adoption is all good.
we wil see the crypto moving alone and rising, people will forget FIAT.
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Crypto currency is not that secure, i mean there are still many hackers and phising link out there and we, as a crypto users must careful and alert before sending your coins. I kinda agree with faster transaction, and also the fee is also really low. It's good for sending money from different place or even different country.
do you think fiat is also secure? when we use and hold fiat ,there is also a risk that our money can be stolen by thiefs or worst we can lost it all by our self same as on cryptos but both of the example scenario are normal for both currencies however i think fiat money is still best to use for any transaction because it is instant and no fees at all .
crypto can be only useful majorly for online transaction where fiat money cant be used directly without depositing or converting via other payment gateway .
Yeah aside from regulations, there's not much diffrence between the two when it comes to security. It still boils down to how careful the users are. And bitcoin is still very young at this point with a lot of room for innovation and changes. Fiat did start out with a lot of imperfections and is not perfect until now. Having both as an available option would be very beneficial though.
I want to blow your by telling you that the number two point that make you feel that fiat have an edge over cryptocurrency is in the past. Blockchain is developing, offline transfer will soon be possible.
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Crypto currency is not that secure, i mean there are still many hackers and phising link out there and we, as a crypto users must careful and alert before sending your coins. I kinda agree with faster transaction, and also the fee is also really low. It's good for sending money from different place or even different country.
do you think fiat is also secure? when we use and hold fiat ,there is also a risk that our money can be stolen by thiefs or worst we can lost it all by our self same as on cryptos but both of the example scenario are normal for both currencies however i think fiat money is still best to use for any transaction because it is instant and no fees at all .
crypto can be only useful majorly for online transaction where fiat money cant be used directly without depositing or converting via other payment gateway .
Your thought have just made me reflect on what happened to my country Nigeria in recent times, they experiment a cashless policy in six pilot states, a situation where nobody should handle physical cash above #100,000 and payment above should be done via mobile transfer, but the policy collapsed due to inability of majority of persons to use the mobile cash transfer, on this note i think crypto and fiat money will be a good combination for now.
In fact, the need for fiat money and cryptocurrency will determine the time. If, over time, people will use fiat money and they will synergistically interact with cryptovalts, then it is likely that this option is even better. Evolution puts everything in its place. So far, people have not yet had time to evaluate all the shortcomings of cryptocurrency, since they are still very young and we have not yet encountered problems when using them. But now we see certain drawbacks in cryptocurrencies. They are trying to solve, and some solve it safely. I hope that the sunrise cryptocurrency is just beginning.
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.
Crypto currency is not that secure, i mean there are still many hackers and phising link out there and we, as a crypto users must careful and alert before sending your coins. I kinda agree with faster transaction, and also the fee is also really low. It's good for sending money from different place or even different country.
True, crypto is a good way to send and receive money abroad. This can reduce time, fees, etc. While if we talk about security and stability, fiat will be better at least from today's perspective. Fiat and crypto indeed is a good combination!
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.
Crypto currency is not that secure, i mean there are still many hackers and phising link out there and we, as a crypto users must careful and alert before sending your coins. I kinda agree with faster transaction, and also the fee is also really low. It's good for sending money from different place or even different country.
Fiat money and Cryptocurrency are play two different vital importance. Crypto never replace FIAT money this is really unexpected imagination. Because fiat is a physical dollar and government can control it that's why i think fiat is more trustworthy even also this transaction process is not delay if you try to make transaction by credit card. Crypto ia too faster transaction because this is a virtual currency.
well, that's why it's called a good combination. however, I think that also becomes quite difficult. compared to combinations, I think fiat and crypto will still compete. well, however, nowadays many people are building cypto businesses on the internet, but are using fiat to get started. I think fiat and crypto can only support each other. 
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.
Use of cash will decline with time in my opinion. Most of the countries are promoting the use of digital medium of payments by giving incentives with them. At such, the use of cash is on continuous decline and eventually may completely diminish.
from that we can see that the use of FIAT has indeed declined, and if crypto has been accepted in all levels of society.
it will undermine the existence of fiat money
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.
Use of cash will decline with time in my opinion. Most of the countries are promoting the use of digital medium of payments by giving incentives with them. At such, the use of cash is on continuous decline and eventually may completely diminish.
Fiat money and Cryptocurrency are play two different vital importance. Crypto never replace FIAT money this is really unexpected imagination. Because fiat is a physical dollar and government can control it that's why i think fiat is more trustworthy even also this transaction process is not delay if you try to make transaction by credit card. Crypto ia too faster transaction because this is a virtual currency.
Is there any other combination for comparison? I think there are no other alternatives, so fiat money and cryptocurrency will be used in parallel anyway. Because there are many problems and obstacles to completely refuse fiat.
I think fiat money and cryptocurrency in the future will be equally necessary for people of different ages . Cryptocurrency is more convenient for sending large amounts of money , as it is faster , cheaper and anonymous . Fiat money is convenient for everyday use in supermarkets, payment for services of anything . Therefore, people should have a choice what is more convenient and profitable for them .
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.
Definitely! Let's just honor this two kind of currencies. They are both helpful for me because I use both of them in different ways. Part of our life is using fiat currency, we cannot buy candy in a small store using cryptocurrency because it has a big fee when we will transfer a coin. But we are now in innovative era and cryptocurrency is a vital thing to measure the industrialization of world. 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 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.
There is room for many instruments on the financial market. I also think that fiat money will never disappear. There will always be someone who will be more comfortable paying with credit card, fiat or Bitcoin.
Everyone will cut their piece of cake and we will wait for a new payment technology .. maybe a chip under the skin? Who knows..
Cryptocurrency and fiat money don't has intrinsic value, so the combination of cryptocurrency and fiat money will not give significant advantage. In term of comparison, cryptocurrency is better than fiat money because cryptocurrency is faster, safer and tye cost for maintain it is lower than fiat money. Cryptocurrency should be combined with something which has intrinsic value like gold or silver. We should reduce the usage of fiat then start to use bitcoin as the main of medium of exchange which and also pretend it as representative of gold.
Gold and silver are precious metals but they are not used in real industry, so their intrinsic value can be speculated and manipulated on markets. As I can see, the prices of gold and silver are slightly falling month by month, therefore rich people prefer to invest in more profitable assets.
In my opinion, it is almost impossible to replace national fiat currencies with crypto currencies, but these types of currencies can be combined and diversified. Crypto currencies might be useful for individuals from all over the world to make cheap and secure transactions from one country to another country.
It should be noted that nowadays many people use the Lightning Network. In fact, this technology is based on the fulfillment of the mutual obligations of two owners of BTC coins.
It's a beautiful combination.If only there were these finances.I hope in the future these two currencies will be equally strong.With such a wallet, you can not worry about anything at all)))
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