Bitcoin advantages;
~ Decentralization aspect.
~ Storing money outside the banking system.
~ Sending and receiving money instantly around the world where the amount doesn't matter.
~ Great currency for online payments.
~ Blockchain that can be used for various purposes.
~ Fixed coin cap.
~ Amount of coins pumped in the economy halves every 4 years.
Fiat advangates;
~ Acceptance everywhere in the world.
~ Best payment tool in the offline market.
Topic: Cyrpto vs Fiat - page 12. (Read 6947 times)
at this point I like using crypto to do things online but still prefer fiat in person cause its much easier to deal with as most places dont take it or its taking to long
to get everything done. If more places took crypto i would much prefer to use that though
to get everything done. If more places took crypto i would much prefer to use that though
I mainly use cryptocurrency to gamble or trade, I can make alot of money this way. As soon as I reach a certain amount I sell my crypto and buy fiat as it is more useful to me, it is easier to spend. I only use crypto for certain services.
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?
If you could tell me why too. What are the benefit of each?
I think most of the benefits are obvious in both.
cryptocurrencies has the benefit of being decentralized (to some extent) and more importantly is that you are handling everything on your own without relying on a third party like banks for using your own money. so nobody can block your money or take it from you, and if you follow certain security rules you will always be safe from hacks,...
but there is a big problem with using cryptocurrencies and that is the fact that there is not enough places to spend it as a currency (it is not yet adopted fully) so we are all stuck with using fiat.
You mean people still use regionally locked monies? 
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?
If you could tell me why too. What are the benefit of each?
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