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Topic: Cyrpto vs Fiat - page 10. (Read 6947 times)

hero member
Activity: 714
Merit: 531
August 01, 2016, 08:30:50 PM
#46
I think this two have their own ways of dealing for people. One is for an online money and the other for just physical trades. With the two inside society everything will be faster.
That is true both are different, that is why we can not compare that two. crypto currency is without physical appearance like fiat that we can hold and kept it in our pocket and spend any time we want.
legendary
Activity: 2940
Merit: 1083
August 01, 2016, 07:33:20 PM
#45
I think this two have their own ways of dealing for people. One is for an online money and the other for just physical trades. With the two inside society everything will be faster.
sr. member
Activity: 294
Merit: 250
August 01, 2016, 07:00:55 PM
#44
This struggle between currencies will always be around us, bitcoin is something new and many old conservative people will not accept all this. New generations are coming, bitcoin need to survive and maybe for 20, 30 years can stand against fiat.

I have to agree cryptocurrencies need more time for people to adopt slowly over time. Fiat only advantage is everybody using it, but once this dominance ends people should preffer cryptocurrency public ledgers over secretly mantained fiat ledgers. In future there will be attempts from politics to force everybody to use the fiat again, because their debt based fiat pyramid can collapse so fast if people start ignore using fiat on a larger scale.

Public ledger is much better than secretly mantained ledger, because without public control there is so much room for misusing the power to have control over the ledger and creation of new fiat tokens in any quantity out of nothing - and you have actually work for such fiat tokens?
full member
Activity: 154
Merit: 100
August 01, 2016, 02:55:56 PM
#43
what do you plan is compare crypto and fiat ?
if you compare savety and saving your must fiat money
but you want growth your money your must choose bitcoin crypto coin and altcoin
hero member
Activity: 924
Merit: 506
August 01, 2016, 02:14:44 PM
#42
you can believe it or not but ever since knowing about bitcoin and crypto in total I lost my faith if had any on fiat.
crypto has something new and treats all equally.
hero member
Activity: 588
Merit: 500
August 01, 2016, 02:12:00 PM
#41
   There is no good explanation for your question, simply cause bitcoin can not be used for paying many things in real life. On other hand with bitcoin is much easier to work online, send and receive money, pay for something, or be paid for some work.
   This struggle between currencies will always be around us, bitcoin is something new and many old conservative people will not accept all this. New generations are coming, bitcoin need to survive and maybe for 20, 30 years can stand against fiat.
sr. member
Activity: 350
Merit: 250
August 01, 2016, 02:03:10 PM
#40
why choose? use them both.

Both fiat and crypto have their own advantages,they are pretty unique if compared to each other and the choise may be different from person to person.I would select fiat just because we can use it in our day to day life and for our daily needs.Crypto is not that established and popular till now and used mostly online but yet it has it own good advantage which fiat doesnt.
you can use bitcoin that way too, just order a bitcoin debit card. it is visa/mastercard so any place will accept.
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
August 01, 2016, 01:14:31 PM
#39
You mean people still use regionally locked monies? Grin
That's a clever play on words, and I hope one day we'll look back on the USD, the euro and all the other currencies as exactly what you said.  This world is going to fail if we continue with all this tribal bullshit.  Wars will kill us all.  Economic repression will kill us all.  And that's the beauty of bitcoin.  Brings us all closer together.   Forget what I said about the Philippines the other day.   Shocked
full member
Activity: 238
Merit: 100
August 01, 2016, 01:11:06 PM
#38
Both fiat and crypto have their own advantages,they are pretty unique if compared to each other and the choise may be different from person to person.I would select fiat just because we can use it in our day to day life and for our daily needs.Crypto is not that established and popular till now and used mostly online but yet it has it own good advantage which fiat doesnt.
full member
Activity: 168
Merit: 100
August 01, 2016, 01:08:18 PM
#37
I am sure that it will really crypto always after five to ten years be more popular value than fiat.Fiat will nobid  use after five to ten years maybe because cypto big popularity in this sencury.
legendary
Activity: 1638
Merit: 1046
August 01, 2016, 01:02:55 PM
#36
They difference but you can use the to buy but bitcoin has still have a limitation and i think fiat will be still the best to choose for local and internationality bitcoin can help your fiat to transfer all over the world fast.. you can get benefits in bitcoin just to buy and hold for a long time and sell it when the price of bitcoin is high..
member
Activity: 85
Merit: 10
August 01, 2016, 12:50:00 PM
#35
crypto's are just a developed faints. faint are pfysical and crypto are virtual it has no rules and regulation and we are free to use it
legendary
Activity: 1904
Merit: 1074
August 01, 2016, 12:48:44 PM
#34
If I had to choose I would go for fiat.
Everybody accepts it, and one dollar today will be worth about the same tomorrow.
But since I can have both, I take both!

Fiat is needed for survival, but crypto is the future, so yeah it is hard.
But we don't have to choose, we are lucky enough to be able to use both, which is exactly what I am doing at the moment.

Why is fiat used for survival? Do you mean people use it on a daily basis to buy day to day groceries and for that reason it falls under the survival side? There are a guy who lived on Bitcoin for 1 year

and travelled all over the world, without having to use fiat for day to day survival, so you can survive on bitcoin if you need to. The advantage Bitcoin has over fiat is that you can use it globally without

having to convert to other currencies to pay for services and goods. {You use it directly between people}  Wink

legendary
Activity: 3542
Merit: 1352
Cashback 15%
August 01, 2016, 12:43:12 PM
#33
Depends on the usage mainly.  Both has its own benefits, like bitcoin can be used instantly through the internet while fiat can be used when you buy from a physical store. But honestly, I'd prefer bitcoin over fiat because fiat has its own restriction, and that is if its not under the jurisdiction of the government, you can't use it directly, whereas in bitcoin, it is globally accepted. Plus, no one controls bitcoin.
hero member
Activity: 959
Merit: 500
August 01, 2016, 09:57:46 AM
#32
Of course I use much more fiat than bitcoins.
Cash and coins have the advantage of being relatively anonymous.
But everybody needs a bank account, at least where I live.
I would say that fiat is necessary, and bitcoin luxury.
sr. member
Activity: 476
Merit: 250
August 01, 2016, 09:37:19 AM
#31
If I had to choose I would go for fiat.
Everybody accepts it, and one dollar today will be worth about the same tomorrow.
But since I can have both, I take both!

Fiat is needed for survival, but crypto is the future, so yeah it is hard.
But we don't have to choose, we are lucky enough to be able to use both, which is exactly what I am doing at the moment.
newbie
Activity: 35
Merit: 0
August 01, 2016, 08:40:07 AM
#30
If I had to choose I would go for fiat.
Everybody accepts it, and one dollar today will be worth about the same tomorrow.
But since I can have both, I take both!
hero member
Activity: 756
Merit: 501
August 01, 2016, 08:22:41 AM
#29
If i had to choose i would go for bitcoin, as an online investor and buyer, bitcoin has all to support the marketplace 24/7 something with fiat you arent able, banks controls your money and offer you credit cards with their fees. For a daily basic it would need cash but bitcoin can be sold and bought anytime for any place, trusted for sure. The fact the governement has no control over it or tax makes bitcoin more shinning as well.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
August 01, 2016, 07:32:18 AM
#28
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  Smiley
Prefer cryptocurruncy because they are fast,secure and you have full contol on your money. But it will take lot of time before cryptocurruncy replace fiat or it may never happen in my lifetime
well what make you think you don't have a full control of fiat money even you're holding its and can use or store it by your will and right?
also fiat (physical money) don't need even a confirmation,however bitcoin could win on digital side
legendary
Activity: 1008
Merit: 1010
CryptoTalk.Org - Get Paid for every Post!
August 01, 2016, 07:25:50 AM
#27
Fiat has long back existence as well history compared to our cryptographic currency network. Now due to the high potential bitcoin have reached more users in a short span but won't get used similar to fiat. Over the falling years at least 10% increase from current users is expected.
even though the existence of fiat has a far bigger history in my opinion bitcoins will be way bigger in the future, i think everyone will be using it every day
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