Topic: Fiat Vs Cryptocurrency, which would you choose? - page 15. (Read 3847 times)
Crypto keeps your money away from the govt and banks until you need fiat, so i choose crypto until i need fiat, the only reason people are not 100% crypto yet is the price fluctuation, its up now and the down later the fear of the uncertainty is still there always but if that was not a factor everyone will say crypto because almost all the stores will be open for business with it. I choose crypto until i need fiat.
Depends on the purpose. For being used as a currency, I guess fiat is better. Because since cryptocurrencies such as Bitcoin are protected against inflation, they will be used more for the purpose of investment rather than as a payment method. But the idea of having a single global currency is an interesting one. Perhaps we could create an inflationary cryptocurrency similar to fiat?
both, you might be able to choose one side, but each has advantages and disadvantages.
fiat shortages to inflation while crypto is still too volatile and difficult to use all transactions.
so crypto and fiat are still needed in my opinion.
fiat shortages to inflation while crypto is still too volatile and difficult to use all transactions.
so crypto and fiat are still needed in my opinion.
for now, I need both of them to be difficult if using crypto fully and also fiat currency has also weakened so the presence of digital currencies is also very much needed. So I chose both, despite everything, You also still need both in my opinion.
at the moment I have used all three together. I use cryptocurrency to invest and seek profits. I have not been able to use crypto as a means of payment because crypto in my country is still legally only permitted as a trade and investment community. I will exchange the profits from crypto with fiat money. For daily transactions such as buying vegetables and other needs, I use fiat money. and I also use a credit card or payment application to pay utility bills, buy clothes at online stores and order food because usually when using the application there are some attractive promos. I did not choose because everything has advantages and disadvantages. the important thing is I can use these three types of money well.
Crypto currency is convenient but there isn't anything much use of it in the real world such as access to good and services in my country only plenty of people has knowledge of it besides investment and buying game credits is only thing available to buy with cryptos currently. Right now both fiat and crypto is what i chose cause both has certain benefits.
Both have advantages and disadvantages at this moment. Both have pros and cons. They both have their edges over the other as well. This is the transition phase. It is understandable when the one payment is not yet totally dominating or overcoming the other because they have their own unique use cases.
Crypto currency is convenient but there isn't anything much use of it in the real world such as access to good and services in my country only plenty of people has knowledge of it besides investment and buying game credits is only thing available to buy with cryptos currently. Right now both fiat and crypto is what i chose cause both has certain benefits.
Crypto particularly btc is not different to fiat, both are currencies and has their own convenience to people who are using it. Its just that fiat is been here for long period already and recognized as the main currency regardless of your status in life. On the other side to be able to use crypto you need to have an internet to make a transaction and not all people are aware of its existence. Using crypto is convenient because of the opportunity to earn due to the price fluctuation and anonymity.
I need both. Can we do with only one of the two? For now, this is hardly possible. We are only given a very limited number of businesses where we can use our crypto as payment. Perhaps the time will come when crypto will suffice. But not yet for now.
I will not be choosing these two since I am using these for a long time now. We can't solely depend on crypto currencies since there are still a lot of people that do not want to use it or don't know what it is. You can trade crypto currencies and to get out your profit, you convert it to fiat and use it.
cryptocurrency and fiat currencies have a special bond, for now users of crypto currencies must also be required to make it fiat out of necessity, if you have to choose it seems difficult for now
While there's no implemented regulation on which currencies will be widely used on digital transactions, I will still prefer using cryptocurrency on that particular matters. However, fiat cannot be removed from our system because this was traditionally used as mode of payment by many people. We can't easily take that our from our current economy. Generally crypto and fiat these days, is still worth on both reasons.
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.
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 will not be choosing these two since I am using these for a long time now. We can't solely depend on crypto currencies since there are still a lot of people that do not want to use it or don't know what it is. You can trade crypto currencies and to get out your profit, you convert it to fiat and use it.
cryptocurrency and fiat currencies have a special bond, for now users of crypto currencies must also be required to make it fiat out of necessity, if you have to choose it seems difficult for now
I will not be choosing these two since I am using these for a long time now. We can't solely depend on crypto currencies since there are still a lot of people that do not want to use it or don't know what it is. You can trade crypto currencies and to get out your profit, you convert it to fiat and use it.
You'd be asking the wrong crowd if you do this in a non crypto related forumboard but its the same thing here you'd be getting a lopsided poll. The bitcoin community will prefer to chose cryptocurrency of course, why would we be staying in this forum if we won't prefer it. But then fiat is what is needed to have value for these crypto coins including BTC.
It's actually quite an interesting crowd to ask, because it would expose people preferring crypto over fiat for day to day payments as liars. They just want to be accepted by others with a similar thinking while they in reality barely spend their coins at all.
In the end, I think it's good that people aren't spending their coins because that means that payment processors don't have to dump their coins on the market. They need a constant flow of fiat to pay out the merchants accepting Bitcoin, so they are forced to sell eventually, but before that, they tend to short Bitcoin to hedge against potential price decreases.
I personally prefer fiat too in most cases, but for quick online payments Bitcoin works well.
i think you hit the nail on spot here!
i still prefer to use fiat in my day to day living. as much as possible i want to reserve my crypto holdings. same here, i use bitcoin for online payments if i see theres advantage of doing so but for daily expenses, nope! not yet. so i think right now, we are still not in the luxury of choosing which one is which. unless you have a lot of crypto holdings that it doesnt matter whether you spend it on your daily needs or not. but i doubt it is the case here!
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.
if what you mentioned has shifted traditional usage, then it doesn't take long to integrate it with crypto, because the principle of its use is easier and applies globally. The world will always change from every adaptation and adoption indirectly and here cryptocurrency will enter the era. I still use fiat, but for investment needs it is already inclined to cryptocurrency. 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.
You'd be asking the wrong crowd if you do this in a non crypto related forumboard but its the same thing here you'd be getting a lopsided poll. The bitcoin community will prefer to chose cryptocurrency of course, why would we be staying in this forum if we won't prefer it. But then fiat is what is needed to have value for these crypto coins including BTC.
It's actually quite an interesting crowd to ask, because it would expose people preferring crypto over fiat for day to day payments as liars. They just want to be accepted by others with a similar thinking while they in reality barely spend their coins at all.
In the end, I think it's good that people aren't spending their coins because that means that payment processors don't have to dump their coins on the market. They need a constant flow of fiat to pay out the merchants accepting Bitcoin, so they are forced to sell eventually, but before that, they tend to short Bitcoin to hedge against potential price decreases.
I personally prefer fiat too in most cases, but for quick online payments Bitcoin works well.
If my opinion of fiat currencies and cryptocurrencies is all very important in everyday life.
Both are very we need so it is very difficult to choose one of them.
But if to choose one I think surely members in this forum will choose a cryptocurrency.
Because it is certainly members in this forum can already compare the advantages of each of these currencies.
Especially for investments.
Both are very we need so it is very difficult to choose one of them.
But if to choose one I think surely members in this forum will choose a cryptocurrency.
Because it is certainly members in this forum can already compare the advantages of each of these currencies.
Especially for investments.
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.
These need a wide broad of discussion as everyone will surely have a different view. Both have advantages and disadvantages, both are different, there lots of things that need to look into for this comparison - so for me, the comparison is not making sense or necessary to discuss.
Since you already hear some of the sides, what do you need to learn more? Try to recap those conversations and debates you encounter before then from there, decide and make your own view.
It’s kind of like comparing email to snail mail.
What do you mean here? Payment process? The speed? The convenience?
In a growing world each and everything ia a must. Why I say this, some features that aren't available with cryptocurrency can be seen with fiat ans vice versa. When we consider the real-time usage, fiat is accessible and accepted all around while cryptocurrency usage is slowly hitting the market and gaining acceptance. For real time usage I choose fiat and for investing my choice is cryptocurrency.
Right now? Fiat. Crypto is still way too young. Its at its infancy stage right now, and well, fighting it against Fiat, even though it has accumulated a lot of debt so far, still guarantees its defeat. We still have time though, we just have to wait. Wait until crpyto has developed so far that fiat has no choice but to accept, accept that crypto has now replaced its place in the globe. But as of now, Fiat. Crypto is being used right now constantly on the market to let it grow, to let the masses know what they are, which massively contributes to their ability to be integrated to our lives.
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