Currently, probably fiat, before NY
Topic: Fiat Vs Cryptocurrency, which would you choose? - page 14. (Read 3811 times)
Depends on BTC rate if you get my idea
Currently, probably fiat, before NY
Currently, probably fiat, before NY
I have recently been quite curious about the many debates about which currency is better.
Many people say that they will choose Crypto because it is convenient and creates a common currency, bringing equality to all countries.
And some people choose Fiat money because they've been used to using it for decades and now they have credit cards and wallet payment apps online, so why do you need crypto?
Which side do you think is right? I want to hear from you sincerely.
I think the question must be clearly compare fiat and crypto in wher. Because if only ask for that, we people will pick both of it. Fiat and crypto is completing each other and maybe until now and will need longer time to replace each other. Because for me each have something that can't had by the other. Many people say that they will choose Crypto because it is convenient and creates a common currency, bringing equality to all countries.
And some people choose Fiat money because they've been used to using it for decades and now they have credit cards and wallet payment apps online, so why do you need crypto?
Which side do you think is right? I want to hear from you sincerely.
I will personally choose both, because each currency has its own advantages.
Where I live cryptocurrencies is not considered a currency, people would violate the law if they used cryptocurrency to pay for an item. Besides, most of the shops around me only accept fiat currency, so fiat currency is very important in my life.
Cryptocurrencies are a place where I invest to make profits, I love cryptocurrencies and I believe that in the future, cryptocurrencies will become popular. Now that I am trying to hoard as much Bitcoin as possible, I believe that by 2020 bitcoin will have a significant price increase.
Where I live cryptocurrencies is not considered a currency, people would violate the law if they used cryptocurrency to pay for an item. Besides, most of the shops around me only accept fiat currency, so fiat currency is very important in my life.
Cryptocurrencies are a place where I invest to make profits, I love cryptocurrencies and I believe that in the future, cryptocurrencies will become popular. Now that I am trying to hoard as much Bitcoin as possible, I believe that by 2020 bitcoin will have a significant price increase.
We are at bitcointalk, of course most people would prefer crypto over fiat but right now we don't, we invest into crypto for now because we believe that crypto is better but there is really not that many places that we can use crypto plus it is not always easy to transfer crypto from one address to another that easily, there is of course sending payment methods but it takes time and it actually costs a lot compared to fiat for some reason.
Think about it, when you purchase something with cash banknotes you don't spend anything extra, when you spend debit card you don't spend anything extra, it is only when you wire money and spend credit cards that you give a bit extra. Bitcoin is a viable option if you are sending money to whole another nation and that's it.
Think about it, when you purchase something with cash banknotes you don't spend anything extra, when you spend debit card you don't spend anything extra, it is only when you wire money and spend credit cards that you give a bit extra. Bitcoin is a viable option if you are sending money to whole another nation and that's it.
I have recently been quite curious about the many debates about which currency is better.
Many people say that they will choose Crypto because it is convenient and creates a common currency, bringing equality to all countries.
And some people choose Fiat money because they've been used to using it for decades and now they have credit cards and wallet payment apps online, so why do you need crypto?
Which side do you think is right? I want to hear from you sincerely.
Many people say that they will choose Crypto because it is convenient and creates a common currency, bringing equality to all countries.
And some people choose Fiat money because they've been used to using it for decades and now they have credit cards and wallet payment apps online, so why do you need crypto?
Which side do you think is right? I want to hear from you sincerely.
I don't think cryptos and fiat should be a topic in a debate cause they have different advantages and disadvantages. Why do you have to choose from these two currencies if you can use both? I would like to use both. Fiat for daily transactions especially in my country (Philippines) where small stores do not accept and use cryptos. Cryptos, on the other hand, are good storage of value and a good currency that can be used in all countries. Also transactions are easily done, hustlefree and it is very convinient.
If the time comes that I will be able to use crypto anywhere like buying goods on the street, riding on public vehicles paying crypto like how we can use fiat right now, definitely I will choose cryptocurrency, fiat will be a total obsolete in the near future we need more secure and transparent form of money and I can see it on digital coins because of its blockchain technology that never lies , there are so many advantages if we use crypto instead of fiat.
As much as possible I tried to accumulate more bitcoin's than to spend so in the near future when adoption and expansion happens I will have a lot of BTC stored that will not cost me too much as the price might be too expensive to buy. We all know that soon many will use blockchain. It may not totally in BTC form might be as a government tokenized type but soon it can be associated in it. 
If the time comes that I will be able to use crypto anywhere like buying goods on the street, riding on public vehicles paying crypto like how we can use fiat right now, definitely I will choose cryptocurrency, fiat will be a total obsolete in the near future we need more secure and transparent form of money and I can see it on digital coins because of its blockchain technology that never lies , there are so many advantages if we use crypto instead of fiat.
Papers should disappear and virtual money is the future.
Now comparing an easily manipulated FIAT vs bitcoin or other cryptocurrencies, i prefer to use the last!
I would have one chance to choose then I would choose cryptocurrency over fiat any day. Cryptocurrencies has a lot of potential and opportunities for its users and that is why I would settle for cryptocurrency. Even though its value is not fixed, it is an advantage for me because I can play with the volatility to create more money for me.
Since you claim that you are a big time trader how much you have made till now and i guess you are in this market for a long time, i am not an expert trader and option trading does not suite me as it is too volatile for me to predict. If i am choosing an option i would choose fiat any day as i can use in my daily activities and if i want to purchase crypto i can always invest my fiat to crypto 
.fiat will be a total obsolete in the near future we need more secure and transparent form of money and I can see it on digital coins because of its blockchain technology that never lies , there are so many advantages if we use crypto instead of fiat.
What world you are living in to feel that fiat will be a total obsolete, yeah may be in third world countries where corrupt government are ruling over you but not in developed countries . 
If the time comes that I will be able to use crypto anywhere like buying goods on the street, riding on public vehicles paying crypto like how we can use fiat right now, definitely I will choose cryptocurrency, fiat will be a total obsolete in the near future we need more secure and transparent form of money and I can see it on digital coins because of its blockchain technology that never lies , there are so many advantages if we use crypto instead of fiat.
I would have one chance to choose then I would choose cryptocurrency over fiat any day. Cryptocurrencies has a lot of potential and opportunities for its users and that is why I would settle for cryptocurrency. Even though its value is not fixed, it is an advantage for me because I can play with the volatility to create more money for me.
I don't have a problem with fiat. IMHO, I don't think crypto can compete with fiat on any level as money. It's not stable, not a unit of account, poorly accepted throughout the world, and the list goes on.
Crypto is great for speculation, censorship resistance and cross-border value transfers. Great features, but does the average person need all these features? I don't think so. Speculation is what 90% of the people are here for.
The problem with fiat appears when we have to pay high fees while transferring it via a third party which is also a risk that we rely on a third party for our transactions. Even fiat is not stable but the volatility in cryptocurrencies is high because of small community which is increasing day by day. Anyone when hear about the features of bitcoin happily accept bitcoin and use it, and so on. . .Crypto is great for speculation, censorship resistance and cross-border value transfers. Great features, but does the average person need all these features? I don't think so. Speculation is what 90% of the people are here for.
Crypto is really happily accepted for speculation but many traders also do the same with other currencies (fiat). You can observe an average person have cryptocurrencies who have invested their money in it or accepting and using it for their daily needs in their own countries while you can see that USD is considered as a global/international currency but an average person do not use it in their country or do not hold USD for future.
That is all which make cryptocurrencies better than fiat.
I don't have a problem with fiat. IMHO, I don't think crypto can compete with fiat on any level as money. It's not stable, not a unit of account, poorly accepted throughout the world, and the list goes on.
Crypto is great for speculation, censorship resistance and cross-border value transfers. Great features, but does the average person need all these features? I don't think so. Speculation is what 90% of the people are here for.
Crypto is great for speculation, censorship resistance and cross-border value transfers. Great features, but does the average person need all these features? I don't think so. Speculation is what 90% of the people are here for.
If I had to choose which is better between fiat and cryptocurrency, I would choose cyptocurrency. I would not hesitate to
choose cryptocurrency because there are many advantages to cryptocurrency that I need compared to fiat. I really hope
cryptocurrency will be able to replace fiat in the future, although in the near future it is still impossible for my wish to come
true. But in the future cryptocurrency could become a digital currency that is accepted globally by people of all countries in
the world.
choose cryptocurrency because there are many advantages to cryptocurrency that I need compared to fiat. I really hope
cryptocurrency will be able to replace fiat in the future, although in the near future it is still impossible for my wish to come
true. But in the future cryptocurrency could become a digital currency that is accepted globally by people of all countries in
the world.
Both side has their opinion to express so there's no side that is wrong unless it's harming the other side. I'm for both sides, I'm a crypto enthusiast and visioning that it will go far to the point that people will regret that they never get in while it's early.
And for the fiat side, it's a gov't backed up so you have to understand that you can't stop it easily.
And for the fiat side, it's a gov't backed up so you have to understand that you can't stop it easily.
For everyday payments, I would certainly choose fiat currencies, because cryptocurrencies have an unstable price. Cryptocurrencies in fact, investment instruments. And free funds can be invested in digital assets and other stocks. So I would choose both — fiat money and cryptocurrencies.
On the current context, you can't avoid anyone between these two, Both Fiat and Cryptocurrency essential to me in these days, but obviously, Fiat is more required to me in my daily life, but if my country would accept Bitcoin and cryptocurrency then the situation would be different for me, I like Cryptocurrency but the reality is that I need Fiat, I have a dream when every payment will be made by the cryptocurrency but the process is not still established yet, on this regards, Cryptocurrency, and Bitcoin should be legalized in every country, If not then this cryptocurrency will not sustain for a long time successfully.
We need both, for the meantime fiat is the most effective way to pay and purchase. Fiat is still the most convinient and we can't live without, although crypto is more efficient but because of minimal adoption or because it is still in experimental state its hard to circulate the way it should be due to different factors.
To avoid the crypto in says banks and general payment proces providers are taking their payment security to next level and streaming it everything in online. Once they achieve the complete target of how to press being used then they will get the the real problems in the fee structure.
Finally those uses will be join to the repair mode of payment and or they will initialise cryptocurrency API on their site or app.
If Bitcoin is legalized everywhere, I will definitely go with it.
The thing here is that Bitcoin/cryptocurrencies and fiat are like a combo for now.
Trading, investing, they do not stay on the boat of just one, we put ourselves on these both boats in order to get a good profit in the near future. If we will just be focussing on one, we will not be able to use that profit since we all know not all of the countries will be accepting cryptos. Some leaders hate it, some like the idea of it and want to use it in a longer period of time. For me, I can't use Bitcoin every day, I also need to rely on Bitcoin's exchange on fiat since not all of the stores would even accept it, I will not choose but use these two.
It's true that some governments are against with cryptocurrency and that is the reason why up until now we are using fiat, they both have advantages but we all know that using cryptocurrency is less hassle that's why most of us prefer on using it than fiat. On the other hand, some people from rural areas are does not even know that a digital currency existed. It will be difficult for them to understand on how it works because they grew up using fiat as a currency and without using technology, well unless there is someone who's willing to enlighten them about it. It isn't bad using both because they are both beneficial to us, also it's a matter of preferences. The thing here is that Bitcoin/cryptocurrencies and fiat are like a combo for now.
Trading, investing, they do not stay on the boat of just one, we put ourselves on these both boats in order to get a good profit in the near future. If we will just be focussing on one, we will not be able to use that profit since we all know not all of the countries will be accepting cryptos. Some leaders hate it, some like the idea of it and want to use it in a longer period of time. For me, I can't use Bitcoin every day, I also need to rely on Bitcoin's exchange on fiat since not all of the stores would even accept it, I will not choose but use these two.
I am not taking sides here. I love crypto and I need fiat.
I jet paid in fiat and has to get my things done in fiat. Crypto for me is mostly an investment. I aspect the price of the crypto I hold would increase in price and I'll have a profit selling it. I don't expect the same from fiat.
So basically you love fiat and you are in Crypto for just taking profit as an investor.I jet paid in fiat and has to get my things done in fiat. Crypto for me is mostly an investment. I aspect the price of the crypto I hold would increase in price and I'll have a profit selling it. I don't expect the same from fiat.
I don't think like that as I love my privacy online and many a times it's better for us to hide our identity while surfing online. So it is the main reason why I choose to use crypto instead of fiat or using banks online and also many a times offline on the street. Also crypto protects us from censorship and also from price inflation that is quiet high in many countries like Zimbabwe.
We need both, for the meantime fiat is the most effective way to pay and purchase. Fiat is still the most convinient and we can't live without, although crypto is more efficient but because of minimal adoption or because it is still in experimental state its hard to circulate the way it should be due to different factors.
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