Topic: Fiat Vs Cryptocurrency, which would you choose? - page 8. (Read 3811 times)
Well, there are no wrong particular answer to that. Your question must be answered subjectively, so it would depend upon the individual on which side they feel more convenient. As a crypto enthusiast our answer is rather biased. Of course, we would choose crypto over fiat however, there are some stuff that crypto can't function while fiats can, well, and fiats too. They are both limited on their fields.
Yes both of them are good and both have different abilities to give us all the needs of life. We can use crypto to buy things online as it saves our time and gives us reliable shopping opportunities but with fiat, we can buy things by hand, as our life is so busy so we should use the only crypto to have needs for daily life even without disturbing our job.
Cryptocurrency is really good, the transaction is fast and unlike fiat you're not going to pay heavy fees for sending money abroad. If you compare Western Union, PayPal and all of them to Bitcoin, there is a huge difference between the fees. I pay way less for fees when I'm sending with Bitcoin, though one thing I noticed about Bitcoin is that as the price goes up the fees increase as well. But there are other cryptocurrencies you can use that are better than BTC when it comes transaction, and they charge less and are faster.
Since, Bitcoin is decentralized, you're able to trade with it from anywhere in the world. And another thing is that government choices can't inflate or deflate it. Cryptocurrency has a lot of advantages.
Since, Bitcoin is decentralized, you're able to trade with it from anywhere in the world. And another thing is that government choices can't inflate or deflate it. Cryptocurrency has a lot of advantages.
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.
We can't just use one and disregard the other. First of all we are all here in bitcointalk and most of the replies are about how bitcoin or crypto in general is much better compared to fiat so I am not going to talk about why we should be using bitcoin, that part is already understood by this community and if I had to defend bitcoin against fiat lovers somewhere else I would have said the same thing said here.
However, fiat can't be disregarded completely neither, it is a good system that has been going for years now, the problem is not with the fiat but who is controlling the fiat and that could be the issue here, given the power people who ruined fiat economy could hurt bitcoin economy as well, even though it is harder thanks to blockchain it is still quite possible.
This topic is been ages, still I will choose cryptocurrency, yes fiat is needed in many ways, paying for food, buying clothes etc but the thing is, cryptocurrency is far greater more better in terms of investment it can really have a good profit on it, besides many countries are now rooting on it.However, fiat can't be disregarded completely neither, it is a good system that has been going for years now, the problem is not with the fiat but who is controlling the fiat and that could be the issue here, given the power people who ruined fiat economy could hurt bitcoin economy as well, even though it is harder thanks to blockchain it is still quite possible.
I use crypto to make a good income from trading and investing. The rest I will exchange it to fiat for me to use it as an official payment at my place of residence, because at my place crypto still cannot be used officially by the government. So my options, I chose both and needed both.
same with me. i choose both, use cryptocurrency for investment and get extra money from it or as a side job for me. then use fiat for offline payment because people around me not know about cryptocurrency so they are not accept payment from cryptocurrency. difficult to choose one of both between cryptocurrency and fiat money because are needed for our life 
I use crypto to make a good income from trading and investing. The rest I will exchange it to fiat for me to use it as an official payment at my place of residence, because at my place crypto still cannot be used officially by the government. So my options, I chose both and needed both.
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.
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.
In my owm personal opinion, even we have been using fiat for decades in exchange for goods, i would rather choose cryptocurrency than fiat because cryptocurrency is decentralized that no one can control it even the government, that is why they could not add tax from every of our transactions. Cryptocurrency is also more secured and ease of use that makes it good for me in making fast transactions. 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.
We can't just use one and disregard the other. First of all we are all here in bitcointalk and most of the replies are about how bitcoin or crypto in general is much better compared to fiat so I am not going to talk about why we should be using bitcoin, that part is already understood by this community and if I had to defend bitcoin against fiat lovers somewhere else I would have said the same thing said here.
However, fiat can't be disregarded completely neither, it is a good system that has been going for years now, the problem is not with the fiat but who is controlling the fiat and that could be the issue here, given the power people who ruined fiat economy could hurt bitcoin economy as well, even though it is harder thanks to blockchain it is still quite possible.
This topic is been ages, still I will choose cryptocurrency, yes fiat is needed in many ways, paying for food, buying clothes etc but the thing is, cryptocurrency is far greater more better in terms of investment it can really have a good profit on it, besides many countries are now rooting on it.However, fiat can't be disregarded completely neither, it is a good system that has been going for years now, the problem is not with the fiat but who is controlling the fiat and that could be the issue here, given the power people who ruined fiat economy could hurt bitcoin economy as well, even though it is harder thanks to blockchain it is still quite possible.
We can't just use one and disregard the other. First of all we are all here in bitcointalk and most of the replies are about how bitcoin or crypto in general is much better compared to fiat so I am not going to talk about why we should be using bitcoin, that part is already understood by this community and if I had to defend bitcoin against fiat lovers somewhere else I would have said the same thing said here.
However, fiat can't be disregarded completely neither, it is a good system that has been going for years now, the problem is not with the fiat but who is controlling the fiat and that could be the issue here, given the power people who ruined fiat economy could hurt bitcoin economy as well, even though it is harder thanks to blockchain it is still quite possible.
This topic is been ages, still I will choose cryptocurrency, yes fiat is needed in many ways, paying for food, buying clothes etc but the thing is, cryptocurrency is far greater more better in terms of investment it can really have a good profit on it, besides many countries are now rooting on it.However, fiat can't be disregarded completely neither, it is a good system that has been going for years now, the problem is not with the fiat but who is controlling the fiat and that could be the issue here, given the power people who ruined fiat economy could hurt bitcoin economy as well, even though it is harder thanks to blockchain it is still quite possible.
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!
We can't just use one and disregard the other. First of all we are all here in bitcointalk and most of the replies are about how bitcoin or crypto in general is much better compared to fiat so I am not going to talk about why we should be using bitcoin, that part is already understood by this community and if I had to defend bitcoin against fiat lovers somewhere else I would have said the same thing said here.
However, fiat can't be disregarded completely neither, it is a good system that has been going for years now, the problem is not with the fiat but who is controlling the fiat and that could be the issue here, given the power people who ruined fiat economy could hurt bitcoin economy as well, even though it is harder thanks to blockchain it is still quite possible.
This topic is been ages, still I will choose cryptocurrency, yes fiat is needed in many ways, paying for food, buying clothes etc but the thing is, cryptocurrency is far greater more better in terms of investment it can really have a good profit on it, besides many countries are now rooting on it. However, fiat can't be disregarded completely neither, it is a good system that has been going for years now, the problem is not with the fiat but who is controlling the fiat and that could be the issue here, given the power people who ruined fiat economy could hurt bitcoin economy as well, even though it is harder thanks to blockchain it is still quite possible.
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.
The problem that banks have with bitcoin is not really its technology but it's philosophy, they can easily create a cryptocurrency if that is what they want, what they are never going to do is to create a decentralized cryptocurrency with a hard cap in the number of coins that is open source, so even if they were to create their own cryptocurrency it will be no different than their fiat.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.
People like us will have no incentive to use it and the rest of the population could eventually wake up to the fact that a cryptocurrency that was created by any bank is not as good as bitcoin.
We can't just use one and disregard the other. First of all we are all here in bitcointalk and most of the replies are about how bitcoin or crypto in general is much better compared to fiat so I am not going to talk about why we should be using bitcoin, that part is already understood by this community and if I had to defend bitcoin against fiat lovers somewhere else I would have said the same thing said here.
However, fiat can't be disregarded completely neither, it is a good system that has been going for years now, the problem is not with the fiat but who is controlling the fiat and that could be the issue here, given the power people who ruined fiat economy could hurt bitcoin economy as well, even though it is harder thanks to blockchain it is still quite possible.
However, fiat can't be disregarded completely neither, it is a good system that has been going for years now, the problem is not with the fiat but who is controlling the fiat and that could be the issue here, given the power people who ruined fiat economy could hurt bitcoin economy as well, even though it is harder thanks to blockchain it is still quite possible.
I'll obviously go with cryptocurrencies because it's really worth more and more valuable as well as it's a good investment rather than fiat which it's barely increase in value. I really prefer 1000$ worth of crypto than just 1k$ cash, because with the 1k$ in crypto, i'll made more by few days rather than getting 1k$ cash and stuck with it and just spend it.
I still don't have a choice here. When I'm online I use cryptocurrencies, for gambling, shopping, and all other stuff. In real life, I need to use fiat. There are no cryptocurrencies shops in my city, or anywhere close. If I could choose to use only one that would be cryptocurrencies, with cryptocurrencies many things would be easier, we would do many things from our home. To not mention that everything would be more secure and better with cryptocurrencies than with banks.
Fiat still has much more usecases and simpler regulation. Of course i will choose it for everyday use
No matter which one you choose, the final decision is up to the government lol. You can decide on cryptocurrency and tomorrow they might decide that it is illegal to make use of it and then you start hiding and when you're caught you face the consequences. Well, just saying. If I'm to make a choice, I will choose fiat over cryptocurrency, but that doesn't mean I don't like cryptocurrency, I have big love for it. In terms of security, I'd say that they on par. Cryptocurrency is safe but you can lose your hard drive or your twelve word phrase, and when you lose that, your coins are gone for good.We have a lot of opportunities when we know the crypto but there are a lot of advantage of fiat from those who has less access to the technology so I choose both because both have the same role that can help for community.
At least for another 2 to 3 decades, people might need to choose both as cryptos are still in emerging phase hence we cannot spend them wherever we prefer. To lead a convenient life, we must need to choose both as of now. After main stream adoption of cryptos happening, we may have only cryptos. 
We have a lot of opportunities when we know the crypto but there are a lot of advantage of fiat from those who has less access to the technology so I choose both because both have the same role that can help for community.
My preference for developing technology, today's facilities and ease of use will of course be crypto currency. Although cash usage continues to be widespread nowadays, I think that in the coming years, people's money usage habits will change and the people who use cash will change. In addition, the use of crypto money will become widespread as the young generation gains economic independence and enters into business and financial life. It is ridiculous to add value to a piece of paper that can be printed indefinitely under current conditions, but because current generations are accustomed to the use of cash, they do not understand it and cannot overcome their habits.
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