I'm here in crypto to make money,
That's why I choose fiat money.
Because of fiat money everything I can buy unlike crypto only select stores accept it. And even though I invest a lot of crypto, especially bitcoin, eventually I still exchange it for fiat money.
Thus adoption is needed, acceptance and awareness.
Topic: Fiat Vs Cryptocurrency, which would you choose? - page 10. (Read 3847 times)
It's hard to love one thing when both crypto and fiat have their advantages. But the idea of a co-author of Bitcoin, who said that stablecoins have a great future, is close to me. Now if you look at Europe, then their version of the digital euro issued from the central bank will combine both pluses - a single currency for different countries, and technically digital. Although the only thing I don’t understand is it possible to profit from stable coins? Isn't their goal to be a means of quick exchange?
I think that we are still not in position to choose between fiat or cryptocurrencies. Because of the way that world and our economies are functioning we are still forced to use fiat currencies no matter if we like it or not.
Also, cryptocurrencies are too volatile to rely only on them so on this level of development use of fiat currencies is still necessary and I don't think this will not change any time soon.
Also, cryptocurrencies are too volatile to rely only on them so on this level of development use of fiat currencies is still necessary and I don't think this will not change any time soon.
Both are needed, fiat currency that represents the economic growth of a country as an official medium of exchange, as long as a country could manage their economic, then it's good for citizens to have a stable currency. On the other hand, cryptocurrency such as bitcoin and altcoins aren't really stable and nothing backed behind it which slowly growing and worth due to proof of works that needed so much resource, in short; mining cost. So, we don't need to pick one and abandon another, just use both it.
Both my cryptocurrency life i always choice crypto for making some profits everyday but fiat more important for everyone. Actually cryptocurrency have many bad side effect but fiat less even when new people coming in the crypto world then their accept cryptocurrency always and after take moment they choice fiat. In my opinion two are both good important for everyone crypto lovers.
I think both are good because there are good and bad aspects of everything such as Fiat and cryptocurrency and Fiat which we use to buy something and for cryptocurrency investing we will hold on to Crypto and think of ways to make money easily The price will go up much lower.
both of them are very useful now, I can't even choose between one of them because I feel that the two transaction tools are very important for now. Well, I use cryptocurrency for online business, and Fiat uses it for an offline business. Well, however, we can't use crypto for an offline business. so both are very useful.
We have no way out at the moment. So far, we all use fiat money, but I'm sure this will change in the near future.
We don't have a choice here, at least many of us don't have that luxury to choose. We are forced to use fiat, nobody ask us do we wish to pay in fiat or crypto, we know that stores accept only fiat. Some people can choose, people who live in developed cities, not countries, cause even in developed countries just big cities have stores where you can spend crypto.
If I could choose I would choose crypto, we are here for a reason, cause we like crypto, and what crypto stands for.
If I could choose I would choose crypto, we are here for a reason, cause we like crypto, and what crypto stands for.
I think both are good because there are good and bad aspects of everything such as Fiat and cryptocurrency and Fiat which we use to buy something and for cryptocurrency investing we will hold on to Crypto and think of ways to make money easily The price will go up much lower.
both of them are very useful now, I can't even choose between one of them because I feel that the two transaction tools are very important for now. Well, I use cryptocurrency for online business, and Fiat uses it for an offline business. Well, however, we can't use crypto for an offline business. so both are very useful. Very few users prefer bitcoin for their convenience, while majority of the users prefer based on the growth that takes place with time. The same growth can never be got out of any form of investment. When it comes to convenience, these days banking services have provided support through much user friendly applications.
Bitcoin is very young to compete with fiat, but the growth it has achieved in the short time period have made banks fear on its existence and keep themselves updated with the technology used by the bitcoin.
With how bitcoin being adopted and being use by people into investment form that particular concern banking system are eyeing and making sure that they still have the main control of financial institutions around the world. It will risk the business if bitcoin will be adopted from both ends and they will not do anything to update their system or do something to prevent the entire society to switch over to cryptocurrency. Bitcoin is very young to compete with fiat, but the growth it has achieved in the short time period have made banks fear on its existence and keep themselves updated with the technology used by the bitcoin.
I think both are good because there are good and bad aspects of everything such as Fiat and cryptocurrency and Fiat which we use to buy something and for cryptocurrency investing we will hold on to Crypto and think of ways to make money easily The price will go up much lower.
Very few users prefer bitcoin for their convenience, while majority of the users prefer based on the growth that takes place with time. The same growth can never be got out of any form of investment. When it comes to convenience, these days banking services have provided support through much user friendly applications.
Bitcoin is very young to compete with fiat, but the growth it has achieved in the short time period have made banks fear on its existence and keep themselves updated with the technology used by the bitcoin.
Bitcoin is very young to compete with fiat, but the growth it has achieved in the short time period have made banks fear on its existence and keep themselves updated with the technology used by the bitcoin.
remember using a credit card for the long term is not good because indirectly we are given a loan and can make us owe the bank.
choosing between Fiat and Cryto, I definitely chose both.
because I use Fiat for shopping, buying daily necessities and maybe for holidays.
whereas Crypto I only use to trade on the market, if I make a profit I will withdraw and become Fiat. and so on.
choosing between Fiat and Cryto, I definitely chose both.
because I use Fiat for shopping, buying daily necessities and maybe for holidays.
whereas Crypto I only use to trade on the market, if I make a profit I will withdraw and become Fiat. and so on.
I will choose crypto every day but that doesn't mean i detest fiat because fiat currency carries the symbol of the nation and every patriot must respect that.
With that been said, i think the problem now is that some crypto enthusiasts actually misunderstood Satoshi's vision cause we need both fiat and crypto to survive in this world.
I do not really understand what patriotism has to do with supporting the fiat currency printed by the government, the government and the nation are not the same thing, I love my nation but that doesn't mean that I do not see all the mistakes that the government in charge is making an without a doubt one of the biggest mistakes of all the governments around the world is to have a fiat currency.With that been said, i think the problem now is that some crypto enthusiasts actually misunderstood Satoshi's vision cause we need both fiat and crypto to survive in this world.
So when all the system collapses I do not want to be one of those people that are going to lose everything that they had worked so hard to get just to support my government.
I will choose both for my use, and Fiat serves to pay for my needs in everything because in the country where I live I have not found a transaction that uses cryptocurrency in cash and to be able to use it as a transaction that I convert cryptocurrency to fiat.
and cryptocurrency can be used as an asset or investment in the long run to get the maximum profit, and I will only use it if I need it and only as needed.
and cryptocurrency can be used as an asset or investment in the long run to get the maximum profit, and I will only use it if I need it and only as needed.
I chose both fiat and crypto.. I chose fiat because I needed it to pay for my various daily needs, for example buying drinks, paying taxi drivers, etc.. and I chose crypto because I needed it as a short-term investment and as my payment on the internet. As simple as that. I did not choose only one side, because both are equally important to me.
Cash and Bitcoin
Let me say, from those option you give, i choose both of them, because in actual way i really need both of them. Crypto for trading and Fiat when the time to use my money has come. In my country, use of cryptocurrency is not so familiar, so i need fiat to make them useful for my daily needs.
Exactly, investing in cryptos gives us profits which we don't get when we just have FIAT but after all our investments we eventually have to cash out our profits and that's when we convert into FIAT because not a lot of people accept cryptocurrencies as a means of payment. Both of them I need it, both crypto and fiat. Crypto in my country cannot be used as a means of payment, so far I have used fiat for various purposes, such as paying bills, buying food and others. Whereas I use crypto to invest and trade to get profits.
Agree, we all need both, if someone forces us to choose between both, it will be a very difficult problem because if we don't know about crypto, we can ignore it but when we know its benefits, this will be a method to invest and make money that we cannot ignore, many people have regretted in the past, people probably won't hope they will regret it in the future. Improve the capacity of crypto, we still should not ignore fiat, it is an indispensable thing in life, and crypto users also need fiat when fiat is the final stage to convert profits in crypto into real assets
Both of them I need it, both crypto and fiat. Crypto in my country cannot be used as a means of payment, so far I have used fiat for various purposes, such as paying bills, buying food and others. Whereas I use crypto to invest and trade to get profits.
Agree, we all need both, if someone forces us to choose between both, it will be a very difficult problem because if we don't know about crypto, we can ignore it but when we know its benefits, this will be a method to invest and make money that we cannot ignore, many people have regretted in the past, people probably won't hope they will regret it in the future. Improve the capacity of crypto, we still should not ignore fiat, it is an indispensable thing in life, and crypto users also need fiat when fiat is the final stage to convert profits in crypto into real assets Jump to: