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Topic: Cyrpto vs Fiat - page 3. (Read 6945 times)

full member
Activity: 210
Merit: 100
August 22, 2016, 04:33:33 PM
in present time the important of fiat currency cannot be ignore, because the majority of people are using fiat currency, they even have no idea about bitcoin, although it is a fact that the new generation are interested in crypto currency and a time will come when most of the people and specially the new generation will be using crypto currency, but it still will take some time.
legendary
Activity: 3318
Merit: 1128
August 22, 2016, 04:10:42 PM
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

I actually choose both of them. I earn money from crypto because the income I get is higher than income of job I can get here (teaching).

in the other side I still need fiat to buy needs because not many shops accept bitcoin as payment here in my country.

so why don't have both?  Grin

That's right, its better to use both of them and grab the benefits from both, fiat is very convenient to use at offline stores while bitcoin can take care of online transactions.

if it should choose or use, it would have to use both. but for me if as an investment and grow, Cyrpto easier and more profitable.

Yup crypto is really good as an investment as it helps in growing your investment over a  period of time and it can also give best returns in quick time.
It can also make you lose lots of money in a very short amount of time if prices drop for some reason, or if you are caught in a pump-and-dump. I still agree with you for the most part, but it's risky stuff, and unless you're okay with medium to high-risk stuff, I would not do it.
sr. member
Activity: 288
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
August 22, 2016, 02:44:34 PM
For now fiat money will be dominant currency and there is no place to consider otherwise, but if crypto coins will go for the same direction like the past years I think we will see a lot of intresting things Smiley.

legendary
Activity: 1288
Merit: 1036
August 22, 2016, 01:45:29 PM
Both have their uses. I prefer more crypto because I and only I am in charge of all of my money. Whenever I like I can make a very large transfer without giving account to anyone. Its not the same when you go to the bank and they ask you all sort of things if you wanna move a large sum of money internationally or even locally sometimes. I cannot live my life without crypto that for sure but also without USD which is my currency. Crypto is better as is anonymous and it makes your life much easier.

Crypto  is good for online transfers and for online shopping as it involves very less fess, but for buying physical things I still prefer to go with fiat as its very easy to use and it is accepted everywhere.
Yes, I have the same though as yours, both crypto and fiat money have its own advantages and disadvantages as well. For fiat, it’s easy to use it everywhere that use that kind of currency and you can do anything in real life but you can only use it for some regions because it’s locally.

And for crypto coins, it’s a little bit difficult to use it in real life but it’s very useful when it comes to online stuffs. And we can’t live without both fiat and cryptocurrencies as we take advantage both of them.
sr. member
Activity: 420
Merit: 250
August 22, 2016, 01:07:21 PM
I'm recommending crypto.. Fastest and easiest way for payment systems...
Fiat will be disappear progressively on 2050!

You brought us to far in 2050. I don't know how old are you but in year 2050 many of us here will be very old and lucky to be alive with old considering an age of 55 and above. I see this age or retired persons spend a lot of time on traffic exchanges nowadays trying to make commissions but I hope for us is not the case. Until 2050 I hope many of us have build up an empire thanks to bitcoin as who knows what will be the price of bitcoin in the following years.
sr. member
Activity: 447
Merit: 250
August 22, 2016, 01:04:45 PM
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

I actually choose both of them. I earn money from crypto because the income I get is higher than income of job I can get here (teaching).

in the other side I still need fiat to buy needs because not many shops accept bitcoin as payment here in my country.

so why don't have both?  Grin

That's right, its better to use both of them and grab the benefits from both, fiat is very convenient to use at offline stores while bitcoin can take care of online transactions.

if it should choose or use, it would have to use both. but for me if as an investment and grow, Cyrpto easier and more profitable.

Yup crypto is really good as an investment as it helps in growing your investment over a  period of time and it can also give best returns in quick time.
i never invest into alternative cryptos to be honest, in my opinion it is better than fiat though i buy only bitcoins
hero member
Activity: 672
Merit: 500
August 22, 2016, 11:06:00 AM
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

I actually choose both of them. I earn money from crypto because the income I get is higher than income of job I can get here (teaching).

in the other side I still need fiat to buy needs because not many shops accept bitcoin as payment here in my country.

so why don't have both?  Grin

That's right, its better to use both of them and grab the benefits from both, fiat is very convenient to use at offline stores while bitcoin can take care of online transactions.

if it should choose or use, it would have to use both. but for me if as an investment and grow, Cyrpto easier and more profitable.

Yup crypto is really good as an investment as it helps in growing your investment over a  period of time and it can also give best returns in quick time.
member
Activity: 121
Merit: 11
August 22, 2016, 10:34:59 AM
fiat more easy to use and spend


crypto better to make profits
legendary
Activity: 1960
Merit: 1026
August 22, 2016, 10:29:08 AM
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

I actually choose both of them. I earn money from crypto because the income I get is higher than income of job I can get here (teaching).

in the other side I still need fiat to buy needs because not many shops accept bitcoin as payment here in my country.

so why don't have both?  Grin

That's right, its better to use both of them and grab the benefits from both, fiat is very convenient to use at offline stores while bitcoin can take care of online transactions.

if it should choose or use, it would have to use both. but for me if as an investment and grow, Cyrpto easier and more profitable.
hero member
Activity: 714
Merit: 500
August 22, 2016, 10:18:38 AM
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

I actually choose both of them. I earn money from crypto because the income I get is higher than income of job I can get here (teaching).

in the other side I still need fiat to buy needs because not many shops accept bitcoin as payment here in my country.

so why don't have both?  Grin

That's right, its better to use both of them and grab the benefits from both, fiat is very convenient to use at offline stores while bitcoin can take care of online transactions.
hero member
Activity: 1302
Merit: 503
Leading Crypto Sports Betting & Casino Platform
August 22, 2016, 10:05:11 AM
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

I actually choose both of them. I earn money from crypto because the income I get is higher than income of job I can get here (teaching).

in the other side I still need fiat to buy needs because not many shops accept bitcoin as payment here in my country.

so why don't have both?  Grin
hero member
Activity: 910
Merit: 1000
August 22, 2016, 10:04:09 AM
Both have their uses. I prefer more crypto because I and only I am in charge of all of my money. Whenever I like I can make a very large transfer without giving account to anyone. Its not the same when you go to the bank and they ask you all sort of things if you wanna move a large sum of money internationally or even locally sometimes. I cannot live my life without crypto that for sure but also without USD which is my currency. Crypto is better as is anonymous and it makes your life much easier.

Crypto  is good for online transfers and for online shopping as it involves very less fess, but for buying physical things I still prefer to go with fiat as its very easy to use and it is accepted everywhere.
buying physical things can be done through online,i think you're talking about offline transaction,and to be honest bitcoin is not that effective for offline transaction but for online transaction bitcoin is number one it have very less fees and also the simplicity and not going to face the complexity of needs to upload your govt documents

Yeah bitcoin is the best for online transactions and its far better in compare to credit cards too, but we also need fiat as there are some places where only fiat can take care of us.
The only issue for bitcoins that makes it hard to use in the physical world is the confirmation times.
The seller and the buyer would have to wait for the transaction to be confirmed before they can officially trade/transfer the goods. If that issue is fixed, then bitcoin would leave better impact and the community would surely grow larger.

Yeah delay in confirmation is an major issue as neither the merchant nor the customer will prefer to wait and if it continues then people will prefer to avoid bitcoins for buying things at physical places.
hero member
Activity: 910
Merit: 509
August 22, 2016, 10:01:28 AM
Both have their uses. I prefer more crypto because I and only I am in charge of all of my money. Whenever I like I can make a very large transfer without giving account to anyone. Its not the same when you go to the bank and they ask you all sort of things if you wanna move a large sum of money internationally or even locally sometimes. I cannot live my life without crypto that for sure but also without USD which is my currency. Crypto is better as is anonymous and it makes your life much easier.

Crypto  is good for online transfers and for online shopping as it involves very less fess, but for buying physical things I still prefer to go with fiat as its very easy to use and it is accepted everywhere.
buying physical things can be done through online,i think you're talking about offline transaction,and to be honest bitcoin is not that effective for offline transaction but for online transaction bitcoin is number one it have very less fees and also the simplicity and not going to face the complexity of needs to upload your govt documents

Yeah bitcoin is the best for online transactions and its far better in compare to credit cards too, but we also need fiat as there are some places where only fiat can take care of us.
The only issue for bitcoins that makes it hard to use in the physical world is the confirmation times.
The seller and the buyer would have to wait for the transaction to be confirmed before they can officially trade/transfer the goods. If that issue is fixed, then bitcoin would leave better impact and the community would surely grow larger.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
August 22, 2016, 09:36:05 AM
I'm recommending crypto.. Fastest and easiest way for payment systems...
Fiat will be disappear progressively on 2050!

May be or may be not, cannot judge what will be the exact scenario in 2050 but at a moment I think people need both of them as both hold certain distinct features from each other.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
August 22, 2016, 09:35:45 AM
Both have their uses. I prefer more crypto because I and only I am in charge of all of my money. Whenever I like I can make a very large transfer without giving account to anyone. Its not the same when you go to the bank and they ask you all sort of things if you wanna move a large sum of money internationally or even locally sometimes. I cannot live my life without crypto that for sure but also without USD which is my currency. Crypto is better as is anonymous and it makes your life much easier.

Crypto  is good for online transfers and for online shopping as it involves very less fess, but for buying physical things I still prefer to go with fiat as its very easy to use and it is accepted everywhere.
That's right, but is still there a people is think using bitcoin for buying their physical things in this time, and that is so bad, crypto and fiat is having a different goal. fiat for supporting in real life and bitcoin supporting in digital life.
sr. member
Activity: 658
Merit: 251
August 22, 2016, 09:20:57 AM
I'm recommending crypto.. Fastest and easiest way for payment systems...
Fiat will be disappear progressively on 2050!
hero member
Activity: 952
Merit: 1000
August 22, 2016, 09:17:01 AM
Both have their uses. I prefer more crypto because I and only I am in charge of all of my money. Whenever I like I can make a very large transfer without giving account to anyone. Its not the same when you go to the bank and they ask you all sort of things if you wanna move a large sum of money internationally or even locally sometimes. I cannot live my life without crypto that for sure but also without USD which is my currency. Crypto is better as is anonymous and it makes your life much easier.

Crypto  is good for online transfers and for online shopping as it involves very less fess, but for buying physical things I still prefer to go with fiat as its very easy to use and it is accepted everywhere.

this can be arranged for crypto too. bitcoin debit cards are accepted almost everywhere and with some search you can find a few good options with almost no fee's.

I tried for bitcoin debit card but fees were to high for me, I don't remember what exact fees was but I think they were charging 3.5% conversion fees which is too high for me.
sr. member
Activity: 350
Merit: 250
August 22, 2016, 09:14:41 AM
Both have their uses. I prefer more crypto because I and only I am in charge of all of my money. Whenever I like I can make a very large transfer without giving account to anyone. Its not the same when you go to the bank and they ask you all sort of things if you wanna move a large sum of money internationally or even locally sometimes. I cannot live my life without crypto that for sure but also without USD which is my currency. Crypto is better as is anonymous and it makes your life much easier.

Crypto  is good for online transfers and for online shopping as it involves very less fess, but for buying physical things I still prefer to go with fiat as its very easy to use and it is accepted everywhere.

this can be arranged for crypto too. bitcoin debit cards are accepted almost everywhere and with some search you can find a few good options with almost no fee's.
hero member
Activity: 924
Merit: 1000
Lick me like a lolipop
August 22, 2016, 07:22:18 AM
Both have their uses. I prefer more crypto because I and only I am in charge of all of my money. Whenever I like I can make a very large transfer without giving account to anyone. Its not the same when you go to the bank and they ask you all sort of things if you wanna move a large sum of money internationally or even locally sometimes. I cannot live my life without crypto that for sure but also without USD which is my currency. Crypto is better as is anonymous and it makes your life much easier.

Crypto  is good for online transfers and for online shopping as it involves very less fess, but for buying physical things I still prefer to go with fiat as its very easy to use and it is accepted everywhere.
buying physical things can be done through online,i think you're talking about offline transaction,and to be honest bitcoin is not that effective for offline transaction but for online transaction bitcoin is number one it have very less fees and also the simplicity and not going to face the complexity of needs to upload your govt documents

Yeah bitcoin is the best for online transactions and its far better in compare to credit cards too, but we also need fiat as there are some places where only fiat can take care of us.
hero member
Activity: 672
Merit: 500
August 22, 2016, 07:21:06 AM
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

Actually both are versus with each other, i mean both are valuable in their own place. Now it is a time of computer and laptop so mostly people refer to use online investment and trading. So those kind of people are prefer to bitcoins. But it doesn't mean that we ignore the fiat currency. Fiat currency is a part of our life and we use it anywhere without any problem and many people want to do business with fiat currency even they have no interest in Bitcoins and other crypto currencies.

i doubt that if this is time of computer and laptop era will replace fiat with cryptocurrency easily. but you are right that's all depends the personality of every people, what's they like use cryptocurrency or fiat to make a business rightly. even in my place when someone gonna start to use cryptocurrency they must exchange they fiat into cryptocurrency. i mean the conclusion is fiat still have a power and it still worthy altought cryptocurrency also.
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