I really agree with you good combination between fiat and cryptocurrency
As of now without fiat cryptocurrency is useless currency because not all establishments are accepting crypto as payment
Topic: CRYPTO AND FIAT MONEY BEST COMBINATION - page 4. (Read 2214 times)
Why do you talk about the future? I think crypto and fiat is a good combination already today. People who know how to use both perfectly operate with its advantages, they make transactions with crypto and make shopping with fiat in such places as a supermarket. I suppose with time more people will get that trick and join to crypto's use.
Today, cryptocurrencies are very slowly being introduced as a means of payment, and the reason for this is several factors, the main of which is the non-acceptance of bitcoin by the government. And until this problem is resolved, we can not use only bitcoin, and we have to use Fiat.
Now cryptocurrency is at the stage of development, and therefore we can not fully use it as a means of payment. But there is already a minimal opportunity to do this, so a combination of cryptocurrency and Fiat is the best option for you if you still want to use bitcoin.
In the next few years, people will not give up Fiat. This is simply not possible, as bitcoin is very little mono use as a currency. Therefore, their combination is the best that can be at the moment.
Best combination of Crypto with fiat is that these both having strong positive relationship because we can't use Crypto for buying things or services in most of the nations so that's why Crypto is tradable in fiat and we convert it into fiat for personal use. This is best combination of using both decentralised and centralised system together.
I think that in the end is what will prevail, ripple is doing exactly that, trying to implement their currency/blockchain with banks, maybe trying to make it work together, many criticize it because it is not decentralized, like most currencies, but so far they are successfully achieving their mission.
yeah, at the end that will be the winning combination, fiat and cryptos, the best of two worlds, you can have the security of the traditional bank, with the power and anonymity offered by the cryptos, it would be interesting to have both payment options for the same service, I wonder which would be the most popular.
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.
This is true and correct, definitely I agreed on your statement dude. Especially that crypto currency is much more secure than Fiat currency and better than any bank too. But through Fiat it can't be deny that we can able to convert our crypto or bitcoin into a fiat which is a big helped for us to have a physical money anyhow. So they are good tandem.
Goo one, and for right now, Crypto and Fiat is really the best combo.
I belief both cryptos and money will compliment each other I fully supported digital currencies taking more of the role than fiat however the wider acceptance and adoption will be a stumbling block towards actualizing that goal and aims, better still there is still room of improvement of cryptos as a means of payment in replacing fiat.
Both crypto and fiat own something important that couldn't be denied no matter what will happen in the people's lives. Imagine, we cannot say the exact value of crypto without the help of fiat. Crypto needs fiat at the same time fiat needs crypto to have another open source for the people needs and wants.
The combination of bitcoin and fiat money means there is a need from the community, where bitcoin users are more comfortable using bitcoin for transactions. While other people prefer to use fiat money. Both are equally needed, but the way it works is different. People have choices in payment transactions.
1. Fiat money is a physical currency so it's transaction is slow from cryptocurrency.
2. Fiat money is a offline currency that's why it's transaction hand to hand.
3. Crypto currency is so faster because it's online currency.
2. Fiat money is a offline currency that's why it's transaction hand to hand.
3. Crypto currency is so faster because it's online currency.
I think crypto can not replace paper money, because of our family, there are many who do not know how to use technology to exchange bitcoins, and especially the elderly. However, for people like us, it is a perfect combination
Those are two big major good points fiat is needed and crypto to its not like crypto is the main thing required fiat also helps crypto in a way and vice versa
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.
It is also worth remembering and understanding that Fiat currencies and cryptocurrencies are interdependent. To a greater extent, cryptocurrencies depend on Fiat money, as the rate of the cryptocurrency on the market is built on them. If it happens that Fiat money will not be relevant at some point, the cryptocurrency will have to find a new source, on the basis of which the price policy of a particular coin will be worth.
Well crypto are actually anonymous and descentralized payments. Crypto can variate his value, fiat money will be the same always.
I think these 2 reasons are really important and crypto currency and fiat money will be a powerfull combination in the future. They should not make a competence, they shoud be great combination!
the combination cryptocurrencies and fiat currencies will be very profitable and indeed must be done because we can't remove and delete one, now only how the concept and how to combine it must be truly very safe and mutually beneficial. I really hope that in the future, the government will take part in the process of developing cryptocurrencies and fiat currencies...
I think it is good thinking. I think that crypto can use in the digital area and it is not a payment system for all people as like who are uneducated. We will always use fiat money in our everyday life and everywhere. So people can use cryptocurrency for long distance payments because of speed and low fees. So I think it is the best combination between crypto and fiat money.
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