Considering that ordinary money is essentially not provided with anything, for example, the dollar, and besides, the currencies of some countries are provided with the dollar, it turns out a terribly funny situation.
A currency that is secured by a currency that is not backed up by anything and all this is controlled by banks that can print paper without stopping. Obviously, the only thing that can break this vicious circle is cryptocurrency.
Topic: Fiat Vs Cryptocurrency, which would you choose? - page 7. (Read 3847 times)
Of the two options above, I am probably a risk taker and I will choose cryptocurrency. Fiat currency is probably only for those who want to enjoy their lives
I also choose crypto because for me crypto has more attractive features than fiat. We can use fiat only for temporary use and it will get us goods we need but with crypto we can make our future and it will give us profit, we can use it at the time of need without any problem so we should prefer using crypto.
I'll go with fiat money, fiat money have a great role and function in our economy. It is a reality that if we have cryptocurrencies, we still exchange it to fiat money in order to buy things that we desire. There are only few stores that are accepting bitcoin and I still need to use the fiat money in order to buy my needs and wants in order for me to live. But in terms of investing, I will go eith cryptocurrencies because its price is deflating while the cash is inflating.
Of the two options above, I am probably a risk taker and I will choose cryptocurrency. Fiat currency is probably only for those who want to enjoy their lives
Both has the importance to the user, for me I currently use fiat and cryptocurrency. We cannot deny the fact that fiat are still very important since this is traditionally use. In cryptocurrency, it has also a big impact to us since more advantages we enjoyed. There is nothing to choose about as we need both of them, we cannot live at the moment with only cryptocurrency as it is not yet fully adopted, but we can live now even without crypto, if only fiat. Crypto is just one way tool for now for us to learn investing and once it is fully adopted in most countries and by most people then that will be the time we can able to choose.
Cryptocurrency is an investment tool in my opinion. Like gold dollars. It makes sense to use it for short-term money transfers as well. Because we are able to send money with very low commission to very long distances. There will be an even more widespread use in the future.
my country only supports crypto as a commodity, automatically there is nothing I can do to link it to currencies. many things are still relative and fiat are still the main economic protocols.
crypto is technology, and I talk about the potential of decentralization. I support it in the aspect of global investment. This will not end by determining which currency is better, but to what extent fiat and crypto can continue to moderate the development of world economy.
crypto is technology, and I talk about the potential of decentralization. I support it in the aspect of global investment. This will not end by determining which currency is better, but to what extent fiat and crypto can continue to moderate the development of world economy.
Of the two options above, I am probably a risk taker and I will choose cryptocurrency. Fiat currency is probably only for those who want to enjoy their lives
Both has the importance to the user, for me I currently use fiat and cryptocurrency. We cannot deny the fact that fiat are still very important since this is traditionally use. In cryptocurrency, it has also a big impact to us since more advantages we enjoyed. There is nothing to choose about as we need both of them, we cannot live at the moment with only cryptocurrency as it is not yet fully adopted, but we can live now even without crypto, if only fiat. Crypto is just one way tool for now for us to learn investing and once it is fully adopted in most countries and by most people then that will be the time we can able to choose.
Of the two options above, I am probably a risk taker and I will choose cryptocurrency. Fiat currency is probably only for those who want to enjoy their lives
Both has the importance to the user, for me I currently use fiat and cryptocurrency. We cannot deny the fact that fiat are still very important since this is traditionally use. In cryptocurrency, it has also a big impact to us since more advantages we enjoyed. There is nothing to choose about as we need both of them, we cannot live at the moment with only cryptocurrency as it is not yet fully adopted, but we can live now even without crypto, if only fiat. Crypto is just one way tool for now for us to learn investing and once it is fully adopted in most countries and by most people then that will be the time we can able to choose.
Of the two options above, I am probably a risk taker and I will choose cryptocurrency. Fiat currency is probably only for those who want to enjoy their lives
Both has the importance to the user, for me I currently use fiat and cryptocurrency. We cannot deny the fact that fiat are still very important since this is traditionally use. In cryptocurrency, it has also a big impact to us since more advantages we enjoyed. Of the two options above, I am probably a risk taker and I will choose cryptocurrency. Fiat currency is probably only for those who want to enjoy their lives
I also choose crypto because for me crypto has more attractive features than fiat. We can use fiat only for temporary use and it will get us goods we need but with crypto we can make our future and it will give us profit, we can use it at the time of need without any problem so we should prefer using crypto.
Of the two options above, I am probably a risk taker and I will choose cryptocurrency. Fiat currency is probably only for those who want to enjoy their lives
I also choose crypto because for me crypto has more attractive features than fiat. We can use fiat only for temporary use and it will get us goods we need but with crypto we can make our future and it will give us profit, we can use it at the time of need without any problem so we should prefer using crypto. What do you think the reason for choosing Cryptocurrency? For example, what happens when a state or its citizens exert pressure? They buy vpn services to get rid of internet censorship. They can't do it with a credit card. They are followed. With Bitcoin you can make this payment. People are being pushed to use Bitcoin!
This is just one of the main characteristics that bitcoin do really emphasizes that really attracts the attention of people. Being anonymous in spending money is quite a good services and in addition, if they will figure out about the decentralization of bitcoin and crypto then they might pursue making it as their main currency completely. Because to think of reason how cryptocurrency becomes better that fiat, there is limitless possibilities of things that it could deliver, from making transportation easier, sending money anonymously, making fast transaction, and even incorporating the technology behind cryptocurrency which is the blockchain to develop dApps that could possibly benefits the whole country. One example of it is to have a blockchain based identity system and election voting system.
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.
Well seriously as of now, I would prefer both. If only these two can jive but I guess not. I am fond of using crypto currency not just bitcoins when sending money outside the country, because you spend lesser. But when it comes to using it locally, there are few people who accepts it and even don't know about it, so for now I would choose which is the best useful for me at the right situation I am on.
They both have there own benefits. Crypto is still very new and mostly be used by people across the world for investment only, it has very few practical uses at the moment. You need Fiat to live your life and you cant live without fiat. If anyone has to choose one between the two, it will be fiat.
So far that is the only problem with cryptocurrencies, if I could use my bitcoin to buy everything that I want and that I need then I will never use a fiat currency again but since that day seems to be so far away, especially in my country which does not have a single store that accepts cryptocurrencies near me, then I have no option but to keep using fiat as it is by far the easiest alternative I can use between the two.But when it comes to everything else cryptocurrencies are way better, as an investment cryptocurrencies offer profits like no other market that I have ever seen and that is always a nice plus, especially if you are like me and you want to profit as much as you can.
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.
Honestly I want both, both have market and community, people cannot just leave fiat, there are people and places that fiat is commonly used and there are people who will hard time transacting with Bitcoin, how about the third world countries where internet connection and electricity are scarce.
Frankly speaking, I would use cryptocurrency for anything and everything but the world is not supportive, if people start accepting crypto for products then why would anyone will use fiat.?
Of the two options above, I am probably a risk taker and I will choose cryptocurrency. Fiat currency is probably only for those who want to enjoy their lives
Don't necessary to choose one, we need both for now.
Fiat money and crypto have their own advantages such as instant payment with fiat currency in the form of cash and no boundless transactions across the world using cryptocurrency. If we can spend crypto as easily as using fiat money and everyone accepts this payment instrument, then crypto is more convenient than fiat.
Fiat money and crypto have their own advantages such as instant payment with fiat currency in the form of cash and no boundless transactions across the world using cryptocurrency. If we can spend crypto as easily as using fiat money and everyone accepts this payment instrument, then crypto is more convenient than fiat.
In my opinion, it will be wrong to use one thing: either cryptocurrency or ordinary types of money. It will be more correct to show flexibility and take advantage of all types of money and payment systems. So far they all have some advantages of their own and at the same time have their drawbacks. Cryptocurrency does not yet have much liquidity and it is difficult to use it yet.
I really like crypto, but at this point is someone where to give me a million dollars, it would just be more convenient to get cash.
We're still in the early stages.
Why is cash more convenient? I think if you get $ 1 million from someone, you need to explain the money to the bank and state in your country. A lot of trouble comes after that and you need to pay taxes on that money. But if you get $ 1 million in BTC, no one will investigate you and you won't have any troubleWe're still in the early stages.
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