Topic: CRYPTO AND FIAT MONEY BEST COMBINATION - page 7. (Read 2214 times)
I agree with you that a very logical solution would be the parallel use of Fiat and bitcoin, I for example would do so in the future. While bitcoin has many disadvantages as a currency, but if you use Fiat with it, it will be very convenient to make money transactions.
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 really agree on this. It seems that each of them fills the gap of others lackness and shortcomings in giving people options in doing transactions with money. It gives people more convenient options for them to use in doing transactions whether its offline or online, hand to hand transactions or long distance ones.
Absolutely yes! If we wil integrate the use of cryptocurrency as well as fiat currency in our economy then the citizens are freely use in both of it. As we can see, crypto and fiat are both currency but they are in different in terms of utility. There are certain circumstances that fiat currency can do that cryptocurrency can't and vice versa. In short, these two currencies are helpful in our economy.
We still live in a society where fiat currencies are dominant and all economies in the world are depending on them. With cryptocurrencies alone you can't survive or it's extremly difficult. With global regulation and better adoption this might change in the future but for now combination of fiat and cryptocurrencies is the best option.
I don't think that cryptocurrencies will ever replace fiat but in the future it will be probably possible to find ways for their better coexistance and cryptocurrencies should get more equal place in economy and society in general.
I don't think that cryptocurrencies will ever replace fiat but in the future it will be probably possible to find ways for their better coexistance and cryptocurrencies should get more equal place in economy and society in general.
yes, if we think that by looking at the current conditions, it feels very difficult if the Cripto currency becomes a substitute for fiat currency, it is like impossible, what you say is that the combination might be the best solution for now, there are many obstacles such as legality, technology equality , the internet in general, social, cultural and education makes cripto unable to cover all transactions in this life, but fiat money is a transaction tool that we can use to fulfill our daily needs.
That’s what l’m talking about! Cryptocurrency and fiat money coexisting for the good of everyone. Not like some topics here wishing for the extinction of the other. 
As long as the combination doesn't mutually kill each other, I think it's the best way. For intellectuals who are technologically literate, cryptocurrency may make transactions easier. But for fools, fiat money remains the easiest. So everything is complementary without the desire to master.
We do not need to replace fiat money with conventional currency in digital money like bitcoin just to satisfy its purpose of currency. So fiat money on these areas works best while people in urban areas can use both; bitcoin and fiat money whatever they think more comfortable for them to use. Both have advantages as well as disadvantages. Do not replace the other. The use of both together is very important in our lives today as recorded by the OP. I know that crypto can be used to pay in stores but fiat will be easier now. If these two currencies are unique and distinctive, merging these two currencies together to pay for goods and services will be wonderful. You know that fiat has a fixed value relative to crypto that changes in value at any time.
True money may be needed at the moment. But if we put the years on 20 ahead. then we will be 20 years older, and we will not be so attached to cash and fiat. Yet online calculation will prevail. That's when the cryptocurrency will tighten
I agree with you, Fiat and crypto is the best combination because fiat is used for offline transaction while crypto is useful on online transactions. They are both advantageous to anyone. We can use fiat on payment transaction that was face to face while crypto can be used on online transaction even the persons is on the other side of the world. Crypto cannot replace fiat so it is better to use them both because this can give many benefits to anyone.
Yeah right what you say. Fiat currencies and crypto currencies are neat combinations. Until whenever they cannot replace each other and cannot win or defeat each other. The two currencies will go hand in hand to help human work to make transactions. There are times when we can only trade with fiat currency and sometimes we can only transact with crypto currencies. All have strengths and weaknesses. Fiat currency is easier to use for direct, offline and small transactions. While crypto currencies are easier if used for large, cross-country, and fast transactions. Therefore we cannot say either of them is best.
A good idea. One more reason fiat money is more convenient in small transactions, cryptocurrency is not likely to be accepted in many places, and need to understand a bit of technology to use it so combining two types of money is a great thing. Thanks.
TI also have the same thought that between crypto currency and fiat currency can not replace each other. They will complement each other in terms of providing benefits to facilitate our payment transactions. We can not rely on crypto currency alone and we can not rely on fiat currency alone. Indeed for cross-country transactions online, crypto currency is more beneficial for us. If we use fiat currency then we will be bothered because the policy of state finance and tax authorities. So the transaction can run long. Fiat currency works great when we need face-to-face and offline transactions. This fiat currency transaction only applies to local and small scopes only.
But what’s the point of still using cash when a virtual currency is viable enough to be used as an exchange for goods and services? It’s quite ironic that we already have this revolutionary technology that solve many issues when it comes to handling transactions, and yet people still want to hold on to the very flawed, traditional banking system. Crypto will give the power back to society. Don’t you want that kind of control over your assets?
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.
As for me personally is the best combination of crypto and Fiat money is 50/50. I mean that you can invest in it in real time only half of your money. And the second part you can leave it for daily use. 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.
First of all my point of view regarding the crypto and the Fiat currency is entirely different, the two are incomparable as these two currencies has their own place in the economic market and they plays a very major and vital role in upliftment of the economy so I don’t think this would be right to compare them but still people are preferring crypto currencies more than the Fiat one and no doubt, crypto currencies has a always a upper hand over Fiat currency and the combination of both could be very beneficial also. 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, it’s true. It’s combination is good and helpful to many people. Fiat will not replace bitcoin for now because many people are using it so it is better to take advantage on both currency. Because of the improving technologies many people are using bitcoin because it can make transaction easier. Both fiat and crypto has advantages and disadvantages. Fiat will be use offline but crypto is not. It is easier to transact money online for long distances and fiat is not.
My friend, I am sure that this is what we all need. The cryptocurrency is safe, fast, new, unique but it cannot replace traditional money ever. Only the combination of fiat and crypto will really work.
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.
I am also agree with this combination, and it could be very deadly combination of bitcoin and Fiat currency and this is the best combination that will boost up the GDP and development of any country to a very great extent, as we all know that crypto is considered to be much more superior over all the Fiat currency and the reason being is that in crypto, no physical form exists and thus this currency is very less vulnerable to being stolen but still there are many advantages of Fiat too , so the combination of bitcoin and Fiat currency is the deadliest one. 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.
You are very correct fiat currencies and cryptocurrencies must be combined for the smooth running of business activities both online and offline to ensure fast transactions. Second I think if cryptocurrency take the space of Fiat currency the value will some how depreciate or maybe the economy of the world will be very difficult if the holders of cryptocurrencies decides not to make it much available for use. 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.
Well, that is true. If this two currencies have different and outstanding uniqueness, merging the two together for payments of goods and services will be very great. But there will be a problem. You know that fiat has a fixed value compared to crypto which changes in value at anytime. There will be difficulty in determining the exact value of fiat for particular satoshi.
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