I would say Fiat is still the best currency when it comes to our daily life.
And it would always be that way even if crypto would be accepted by the government unless we would use the stable and centralized currency like USDT.
Topic: Cryptocurrency vs. Fiat currency. - page 4. (Read 897 times)
Of course fiat for our daily use, and crypto for investment short or long term investment.
We cannot use crypto for our daily uses because not all store accept btc as mode of payment.
We cannot use crypto for our daily uses because not all store accept btc as mode of payment.
Yeah, we still use fiat in our daily life, and although we have another option to buy with crypto, I think that will only happen with the country that accepted crypto as the payment. We can save the crypto as the investment, and we can be happy if someday, our investment will give us more money so we can send it to our bank account. I imagine that cryptocurrency and fiat currency will work together in all countries so we can choose to make a transaction using crypto or fiat.
They are all good. I don’t make use of cryptocurrency regularly, I just fund my cryptocurrency wallet and leave the money there and nothing else. Most of the times the money stays there until when I decide to sell the cryptocurrencies and withdraw the money to fiat. So, mainly what I use is fiat. You should know that fiat is not only available in physical form but is also available in digital form; there are now lots of ways that you can make use of and spend your fiat without having it physically – there is PayPal and there is Payoneer and other similar payment systems.
Apart from those the banks are also offering mobile banking apps and internet banking which allows customers to do most things without having to go to the bank. Cryptocurrency is good in its own way, they are all good.
Apart from those the banks are also offering mobile banking apps and internet banking which allows customers to do most things without having to go to the bank. Cryptocurrency is good in its own way, they are all good.
Fiat currency is the money or the physical money that we are using in the world and also it has a stock market there are trading happening on the world market from the different transactions across the globe usually we called this as exchange. Next, we have now the one of the fastest-growing transaction, and this is with the use of cryptocurrency many people today would like to know about it, and this is a currency converted from the fiat into digital because we can earn profit on it like investment, trading/exchange and gambling too those are the thing we can obtain the same with the fiat currency the difference is the exchange and transaction because cryptocurrency is one of the fastest and secured transaction today. Still, if we choose those between currency, I think it is better if you have those currencies because it is related to the stock market that can earn more profit, but it takes a lot of time before it happens and gives us a considerable market profit.
I was in Japan last month and I used cashless payments at 7/11 and other convenience stores. It's pretty much like crypto where you show QR code at the register and they scan it.
If stores started accepting crypto for payments like this, I think I would use crypto. No need to worry about getting change or finding the right bills in your wallet. Just pull up your QR code before you walk up to the register and scan.
I'm hoping one day this will be possible.
If stores started accepting crypto for payments like this, I think I would use crypto. No need to worry about getting change or finding the right bills in your wallet. Just pull up your QR code before you walk up to the register and scan.
I'm hoping one day this will be possible.
Of course fiat for our daily use, and crypto for investment short or long term investment.
We cannot use crypto for our daily uses because not all store accept btc as mode of payment.
We cannot use crypto for our daily uses because not all store accept btc as mode of payment.
If it is for daily use of course we would prefer Fiat over crypto,
But for holding or saving up I would prefer crypto over Fiat to take advantage of the high volatility and to gain more.
Even if crypto could be used for payment in any transaction people would prefer to use Fiat currency over crypto because of it's chance to increase it's price due to demand.
Most of us are eager to see it being accepted but doesn't want to use it even if they could because it is an investment tool for most of us.
But for holding or saving up I would prefer crypto over Fiat to take advantage of the high volatility and to gain more.
Even if crypto could be used for payment in any transaction people would prefer to use Fiat currency over crypto because of it's chance to increase it's price due to demand.
Most of us are eager to see it being accepted but doesn't want to use it even if they could because it is an investment tool for most of us.
I think it begs the question, would you accept if your employer offered to change your payments to crypto, for example? I know I would, as long as my social services are being paid as well I don't mind using crypto like this.
Would you?
But for me?like what he says i will use fiat for daily base and crypto for holding and that will save me from risking the opportunity to profit more in future.
Do you know that digitalization does not only occur in technology related to electronic products? at this time also spread currency in digital form that can be used like paper currencies that we often use to transact. Like paper currency (fiat money) of rupiah (Rp), dollar ($), euro (€), yen (¥) and won (₩) cryptocurrency (cryptocurrency) also has various types. This will probably be a fun game for max 5 more years and then freedom will only be an idea, just a definition. Cryptocurrency is much better. This helps its users make transactions faster, easier and more efficiently. You can carry out transactions anywhere using a lower fee. Most of us want to see it accepted but don't want to use it even if they can because it is an investment tool for most of us.
I think fiat is still the best because even fiat is not easily replaced by other currencies such as cryptocurrency, so at least there is something weakness and strength that has between fiat and crypto. Indeed, crypto can be used as a tool for payment or many other transactions, but due to its unstable value and other factors it is a weakness that is difficult for them to accept crypto as a currency, because some of them view crypto as an investment asset and are not like fiat.
I think, cryptocurrency replaces fiat is difficult, there are many factors that must be strengthened first, including human resources, given that the transaction process with cryptocurrency is quite complicated. In addition, if for small scale payments, fiat is certainly very effective, for example to buy coffee, pizza, etc. whereas cryptocurrency is more suitable to be used as a trading and investment asset, because of its volatile price, as you mentioned. Well, this depends on everyone's perspective, but for me fiat and cryptocurrency it will be more effective if it is used, not replacing each other, but complementing each other, right? If it is for daily use of course we would prefer Fiat over crypto,
But for holding or saving up I would prefer crypto over Fiat to take advantage of the high volatility and to gain more.
Even if crypto could be used for payment in any transaction people would prefer to use Fiat currency over crypto because of it's chance to increase it's price due to demand.
Most of us are eager to see it being accepted but doesn't want to use it even if they could because it is an investment tool for most of us.
But for holding or saving up I would prefer crypto over Fiat to take advantage of the high volatility and to gain more.
Even if crypto could be used for payment in any transaction people would prefer to use Fiat currency over crypto because of it's chance to increase it's price due to demand.
Most of us are eager to see it being accepted but doesn't want to use it even if they could because it is an investment tool for most of us.
I think it begs the question, would you accept if your employer offered to change your payments to crypto, for example? I know I would, as long as my social services are being paid as well I don't mind using crypto like this.
Would you?
I think fiat is still the best because even fiat is not easily replaced by other currencies such as cryptocurrency, so at least there is something weakness and strength that has between fiat and crypto. Indeed, crypto can be used as a tool for payment or many other transactions, but due to its unstable value and other factors it is a weakness that is difficult for them to accept crypto as a currency, because some of them view crypto as an investment asset and are not like fiat.
I still prefer Fiat currency. Aside from being legal and widely accepted, I feel secure using it more than cryptocurrency. I know the security of using cryptocurrency but what I was pointing out is its irreversible transactions. In fiat money, transactions can be reversed through banks, etc. That way, it gives me assurance that I can secure my money enough than cryptocurrency.
They are all good. I don’t make use of cryptocurrency regularly, I just fund my cryptocurrency wallet and leave the money there and nothing else. Most of the times the money stays there until when I decide to sell the cryptocurrencies and withdraw the money to fiat. So, mainly what I use is fiat. You should know that fiat is not only available in physical form but is also available in digital form; there are now lots of ways that you can make use of and spend your fiat without having it physically – there is PayPal and there is Payoneer and other similar payment systems.
Apart from those the banks are also offering mobile banking apps and internet banking which allows customers to do most things without having to go to the bank. Cryptocurrency is good in its own way, they are all good.
Apart from those the banks are also offering mobile banking apps and internet banking which allows customers to do most things without having to go to the bank. Cryptocurrency is good in its own way, they are all good.
Fiat money can also works online like cryptocurrency it just that, fiat money is controlled by the government and that makes cryptocurrency better to be used. As of now, we still need both of them and still fiat money accept around the world while crypto is still limited. We have to use both of them, depends on your needs.
Do you even know what you are saying? How come Fiat money work as a crypto currency? I think you need to learn more about crypto currencies. You knowledge on crypto currency and blockchain seems to be really low. If you use fiat currency, the accountability factor becomes really low, where as if you use crypto currencies, you will be accountable for all your transactions. Fiat transactions made can be altered, which you can't if you are using the blockchain technology. Lets not forget about the easiness of cross-border transactions! 
Fiat money can also works online like cryptocurrency it just that, fiat money is controlled by the government and that makes cryptocurrency better to be used. As of now, we still need both of them and still fiat money accept around the world while crypto is still limited. We have to use both of them, depends on your needs.
We don't need to choose, because this two are both useful to us like crypto currency that can give profit to us by just buying at low price and sell when price start to increase, we can also use this to have past transaction and to store assets with no government fees and other. And also in fiat currency we can use this to buy our daily needs fiat are many ways to use like buying in store and many more.
Definitely, both of it are useful on their own different way. We all know that cryptocurrency is a digital money that we used to make transaction online. There are lots of use of cryptocurrency because we can lend our money into crypto investment which is really a good decision if you know how to do and you are well informed being involved to it. After learning about cryptocurrencies I have realized that I need them both equally. My local currency is in inflation for which crypto has allowed me to support my family.
I also think that a global transformation is taking place in the economy caused by Bitcoin and cryptocurrencies. Every day there are more people who join to create solutions with the use of them.
we do need both, especially for countries that reject crypto as a means of payment. however, using both is the best thing. maybe you can use cryptocurrency, but you will find it difficult to use it for real, because until now not many people realize cryptocurrency as a transaction tool, but only as an investment tool. however, I also cannot choose one of them, although I often use cryptocurrency in business mattersI also think that a global transformation is taking place in the economy caused by Bitcoin and cryptocurrencies. Every day there are more people who join to create solutions with the use of them.
I prefer more the Fiat currency than cryptocurrency because it is for our daily use, and it is more convenient to use. The excellent thing in Fiat currency is the safeness, unlike to the cryptocurrency where there are so many hackers and spammers, and they will easily hack your account if they will know your information or if your account is not secured, and if they hacked your account there is low chance for you to recover your account, unlike to the fiat currency where it is so easy for you to detect the person who steals your money or properties. Still, somehow cryptocurrency is also useful, especially in terms of investments.
If it is for daily use of course we would prefer Fiat over crypto,
But for holding or saving up I would prefer crypto over Fiat to take advantage of the high volatility and to gain more.
Even if crypto could be used for payment in any transaction people would prefer to use Fiat currency over crypto because of it's chance to increase it's price due to demand.
Most of us are eager to see it being accepted but doesn't want to use it even if they could because it is an investment tool for most of us.
Indeed, we all prefer the fiat currency if we talk about for daily use, while we prefer cryptocurrency when we talk about investments because the investment of cryptocurrency is really profitable because the price of every cryptocurrency always changes its price day by day. Those two currencies are all good, depends on the situation and purposes. But for holding or saving up I would prefer crypto over Fiat to take advantage of the high volatility and to gain more.
Even if crypto could be used for payment in any transaction people would prefer to use Fiat currency over crypto because of it's chance to increase it's price due to demand.
Most of us are eager to see it being accepted but doesn't want to use it even if they could because it is an investment tool for most of us.
This have been discussed before and the bottomline to which one is better depends on the mindset of an individual. If a person is into investment, ofcourse it would be in favor with cryptocurrency, as well if it is convenience with regards to faster transactions. But if a person is into just storing his money, without having risk, fiat would be a better currency and also, it has advantages for being widely used in different countries unlike in cryptos wherein it is not yet legal to some countries. This simply states that both crypto and fiat has their own advantages at the moment.
I prefer crypto for many reasons, but I have to use fiat money for everyday purchaces because it's widely accepted.
We may say that cryptocurrencies are about financial freedom and privacy, but we can't make our employers pay salaries in Bitcoins, for example. So fiat wins if we look in this way.
This is yet the problem nowadays. Cryptos are already recognized to some countries wherein it is widely being used but there are still countries wherein it is not. At this moment, fiat is more advantageous due to the issues that it is facing. But who knows what could happen in the future once changes occured. We may say that cryptocurrencies are about financial freedom and privacy, but we can't make our employers pay salaries in Bitcoins, for example. So fiat wins if we look in this way.
technologically clear crypto will be easier because without limitation of the country with all the rules, if fiat is more real and only real to be used, but indeed it is used more often than crypto.
for long-term and medium-term investment, crypto is superior and highly desirable because the benefits are also quite good, if not lazy to analyze deeply. but fiat is only stored in banks and with interest determined by the state and is not large.
In times of progress like this, crypto is still superior to the ease it receives, but unfortunately there are still some crypto countries that are still constrained by rules.
for long-term and medium-term investment, crypto is superior and highly desirable because the benefits are also quite good, if not lazy to analyze deeply. but fiat is only stored in banks and with interest determined by the state and is not large.
In times of progress like this, crypto is still superior to the ease it receives, but unfortunately there are still some crypto countries that are still constrained by rules.
I prefer crypto for many reasons, but I have to use fiat money for everyday purchaces because it's widely accepted.
We may say that cryptocurrencies are about financial freedom and privacy, but we can't make our employers pay salaries in Bitcoins, for example. So fiat wins if we look in this way.
We may say that cryptocurrencies are about financial freedom and privacy, but we can't make our employers pay salaries in Bitcoins, for example. So fiat wins if we look in this way.
arent you aware that other countries are now paying thier salaries using cryptos like btc ? especially if the company that your working is related to crypto also but its also a good idea to ask if what your employees prefered for payment because there are peeps that prefer usd or local fiat conversion between cryptos because they dont want thier salary to go down by the time of payday .
also there are countries that cryptos are being accepted on most stores . if your one of these , you can enjoy using your cryptos everyday .
After learning about cryptocurrencies I have realized that I need them both equally. My local currency is in inflation for which crypto has allowed me to support my family.
I also think that a global transformation is taking place in the economy caused by Bitcoin and cryptocurrencies. Every day there are more people who join to create solutions with the use of them.
we do need both, especially for countries that reject crypto as a means of payment. however, using both is the best thing. maybe you can use cryptocurrency, but you will find it difficult to use it for real, because until now not many people realize cryptocurrency as a transaction tool, but only as an investment tool. however, I also cannot choose one of them, although I often use cryptocurrency in business matters I also think that a global transformation is taking place in the economy caused by Bitcoin and cryptocurrencies. Every day there are more people who join to create solutions with the use of them.
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