Topic: Is Bitcoin better than Fiat? - page 7. (Read 4279 times)
First of all i really appreciate to your topic. Because i think every one need to learn that bitcion is volatile currency which ups and down every moment where fiat currency never ups and down though all are crypto currency. Now need to know which is better bitcoin or fiat in my opinion if any one wants to take risk then bitcoin is better because there are some possibility to increase or decrease in the price of bitcoin but fiat is always stable means never change in price. So if we analysis bitcoin price last few years then we may see that the price of bitcoin increases 100plus times. For this reason i will prefer bitcoin better than fiat.
bitcoin is not the most convenient payment tool to compete with FIAT currencies. There are more suitable cryptocurrencies for payments. Bitcoin is more suitable as "gold" from the price of which other coins or tokens that are more suitable for the role of a means of payment will be repelled. But your hidden advertising of the coin is also noticeable.
If what you are saying is that Bitcoin is not the most suitable then why people are still believing on this compared to other altcoins?Bitcoin is the best option to use as payment method , that is why you will believe on this or forget it forever,..
First of all, Bitcoin is decentralized and not regulated by the government, so it is very advantageous in terms of personal privacy, and Bitcoin transfer fees are low, and it can also be used as a means of investment, which has great advantages. There is room for appreciation, but because the total amount of Bitcoin is fixed, after the mining is completed, there will be fewer Bitcoins in circulation on the market, and everyone may be more inclined to stay in their hands and not circulate, which will cause deflation. In this respect, Bitcoin is indeed inferior to fiat currency, but Bitcoin is now recognized by more and more people. I think cryptocurrency may dominate in the future.
bitcoin is not the most convenient payment tool to compete with FIAT currencies. There are more suitable cryptocurrencies for payments. Bitcoin is more suitable as "gold" from the price of which other coins or tokens that are more suitable for the role of a means of payment will be repelled. But your hidden advertising of the coin is also noticeable.
I agree with you, Bitcoin, and Ethereum is not as convenient to pay as, for example, Tether. I personally tried to pay with both bitcoin and tether, the latter option, of course, turned out to be more convenient and more common when it comes to insignificant payments. By the way, it is convenient to pay with a crypto cards, but one of the drawbacks is that tether is not available for payment in many crypto cards. I use the trastra card now, everything is cool, but they do not have this cryptocurrency among the available ones, everything cannot be perfect, unfortunately (
bitcoin is not the most convenient payment tool to compete with FIAT currencies. There are more suitable cryptocurrencies for payments. Bitcoin is more suitable as "gold" from the price of which other coins or tokens that are more suitable for the role of a means of payment will be repelled. But your hidden advertising of the coin is also noticeable.
Fiat can't be compared with Bitcoin as a result of many good qualities Bitcoin has had over it which so many people who have benefited from it and still benefiting can attest to it...
it's too different when comparing bitcoin with fiat, because the use of the system that is done may be much different, not yet in physical form in between. bitcoin with a system that is renewable and formless and inversely proportional to fiat which is still used for traditional markets in general.but let them actually be needed to support each other where what fiat can't do is where bitcoin plays an active role and vice versa. with complementary cooperation, it will be used more and more well controlled.
Fiat can't be compared with Bitcoin as a result of many good qualities Bitcoin has had over it which so many people who have benefited from it and still benefiting can attest to it...
Is it better or not I think comparing like that less important, let's see all this time that it is one thing that can indeed help humans in terms of its advantages/good side, and it managed to be a complementary that is equally useful to help our finance.
I agree with your suggestion, we don't need to compare bitcoin and fiat, because we know fiat has advantages and disadvantages, bitcoin also has advantages and disadvantages, so what we need to discuss and think about is how the future of btc will be, will btc still be able to make finances we become good, as we have been through last year,, bitcoin gives a new nuance in us looking for income.. 
Comparing Bitcoin or cash, it is easier today to buy with cash, or to buy something quickly and easily. Cryptocurrencies or electronic values that are used by smartphone or credit card are trend-setting. The digital age of payment is in full swing. But what does the future of money look like, I think that will be a blessing for the next few years.
for some countries what you say is the right thing because they still use cash every time they make transactions and this has been used and has been done for a long time and it is not easy to change this, moreover maybe in their country digital money is not yet popular at all, and is still a commodity. new.but for countries that have adopted crypto or have the internet it is not a rare item anymore. it is clear that they are already familiar with digital money to be used as a means of daily payment, because it is clearly more practical and easy to use than having to carry cash. especially at this time the epidemic is also booming because paper money is allegedly one of the contagion carriers.
but if crypto is clearly used more widely and there are no country and region boundaries, it is more reliable than digital money that is widely developed in every country. although the designation may be the same, but the scope and work is much more practical crypto.
Comparing Bitcoin or cash, it is easier today to buy with cash, or to buy something quickly and easily. Cryptocurrencies or electronic values that are used by smartphone or credit card are trend-setting. The digital age of payment is in full swing. But what does the future of money look like, I think that will be a blessing for the next few years.
Is it better or not I think comparing like that less important, let's see all this time that it is one thing that can indeed help humans in terms of its advantages/good side, and it managed to be a complementary that is equally useful to help our finance.
Bitcoin is a far way better than fiat, transaction wise, no one need any identification before they can send or receive BTC to/from others.
BTC is a world wide acceptable currency, and many merchants are now accepting BTC.
Even some banks are accepting BTC.
For the past few years, investing on BTC, made a great profit.
BTC is a world wide acceptable currency, and many merchants are now accepting BTC.
Even some banks are accepting BTC.
For the past few years, investing on BTC, made a great profit.
In my opinion Bitcoint is not equal to Fiat. Because bitcoin is a virtual currency that has not been recognized by governments. Fiat money is a form of money that is legally recognized by the government and is trusted that people will find it valuable.
Fiat money is run by a central bank (where monetary policy is set).
Some examples of fiat currencies are USD, Euro, Japanese Yen or Renminbi.
Fiat money is run by a central bank (where monetary policy is set).
Some examples of fiat currencies are USD, Euro, Japanese Yen or Renminbi.
Bitcoin and fiat currency serve different purposes, and each has its own set of benefits and drawbacks, in my opinion. In general, it's the same, but in my opinion, bitcoin is better than fiat. However, the problem right now is that if we adapt and use it for different payment systems, the fees are quite high, and some people can't even complete a small transaction due to the fees, so I still believe that fiat is better than bitcoin when it comes to payment methods.
In terms of investment, bitcoin is unquestionably the best asset since, unlike fiat, we can instantly profit with the appropriate timing and analysis. In contrast, it takes a long time for currency to expand, and only large investors will benefit from it.
When it comes to security, I believe both are fine right now; fiat is secure because it is centralized, and the government will not allow the fiat system to be destroyed; bitcoin is secure, IMO, because nothing has changed in the past few years; my BTCs are still in my wallet, and if you lose it, it is most likely your fault.
In terms of investment, bitcoin is unquestionably the best asset since, unlike fiat, we can instantly profit with the appropriate timing and analysis. In contrast, it takes a long time for currency to expand, and only large investors will benefit from it.
When it comes to security, I believe both are fine right now; fiat is secure because it is centralized, and the government will not allow the fiat system to be destroyed; bitcoin is secure, IMO, because nothing has changed in the past few years; my BTCs are still in my wallet, and if you lose it, it is most likely your fault.
Both types of currencies are different from one another. We can't say Bitcoin is better than Fiat because it has its limitations. Depending on your needs, will be the type of currency to use for day-to-day payments. Most people prefer Fiat over Bitcoin because it's stable and backed by the government. But this comes at a cost of centralization, greatly defeating the purpose of financial freedom. With Bitcoin, that's another story. You can feel confident your funds are safe against external interference since you and only you have access to your account. But Bitcoin's price volatility makes it unsuitable for use as money for daily payments. It's hoped that regulations will fix this problem in the long term. Ultimately, people will decide which type of currency to support from the other. Just my opinion
Bitcoin and fiat currency serve different purposes, and each has its own set of benefits and drawbacks, in my opinion. In general, it's the same, but in my opinion, bitcoin is better than fiat. However, the problem right now is that if we adapt and use it for different payment systems, the fees are quite high, and some people can't even complete a small transaction due to the fees, so I still believe that fiat is better than bitcoin when it comes to payment methods.
In terms of investment, bitcoin is unquestionably the best asset since, unlike fiat, we can instantly profit with the appropriate timing and analysis. In contrast, it takes a long time for currency to expand, and only large investors will benefit from it.
When it comes to security, I believe both are fine right now; fiat is secure because it is centralized, and the government will not allow the fiat system to be destroyed; bitcoin is secure, IMO, because nothing has changed in the past few years; my BTCs are still in my wallet, and if you lose it, it is most likely your fault.
In terms of investment, bitcoin is unquestionably the best asset since, unlike fiat, we can instantly profit with the appropriate timing and analysis. In contrast, it takes a long time for currency to expand, and only large investors will benefit from it.
When it comes to security, I believe both are fine right now; fiat is secure because it is centralized, and the government will not allow the fiat system to be destroyed; bitcoin is secure, IMO, because nothing has changed in the past few years; my BTCs are still in my wallet, and if you lose it, it is most likely your fault.
agree with what you say, bitcoin and fiat have advantages and disadvantages, depending on which point of view we look at. From an investment point of view, bitcoin is the right choice over fiat. bitcoin security level is also still better, bitcoin can also be a global currency. but judging from the level of stability, fiat currency is more stable, bitcoin is also too complicated if used for small transactions. so in my opinion, bitcoin and fiat are both good, and will go hand in hand in this world with equally good benefits for everyone.
Bitcoin and fiat currency serve different purposes, and each has its own set of benefits and drawbacks, in my opinion. In general, it's the same, but in my opinion, bitcoin is better than fiat. However, the problem right now is that if we adapt and use it for different payment systems, the fees are quite high, and some people can't even complete a small transaction due to the fees, so I still believe that fiat is better than bitcoin when it comes to payment methods.
In terms of investment, bitcoin is unquestionably the best asset since, unlike fiat, we can instantly profit with the appropriate timing and analysis. In contrast, it takes a long time for currency to expand, and only large investors will benefit from it.
When it comes to security, I believe both are fine right now; fiat is secure because it is centralized, and the government will not allow the fiat system to be destroyed; bitcoin is secure, IMO, because nothing has changed in the past few years; my BTCs are still in my wallet, and if you lose it, it is most likely your fault.
In terms of investment, bitcoin is unquestionably the best asset since, unlike fiat, we can instantly profit with the appropriate timing and analysis. In contrast, it takes a long time for currency to expand, and only large investors will benefit from it.
When it comes to security, I believe both are fine right now; fiat is secure because it is centralized, and the government will not allow the fiat system to be destroyed; bitcoin is secure, IMO, because nothing has changed in the past few years; my BTCs are still in my wallet, and if you lose it, it is most likely your fault.
agree with what you say, bitcoin and fiat have advantages and disadvantages, depending on which point of view we look at. From an investment point of view, bitcoin is the right choice over fiat. bitcoin security level is also still better, bitcoin can also be a global currency. but judging from the level of stability, fiat currency is more stable, bitcoin is also too complicated if used for small transactions. so in my opinion, bitcoin and fiat are both good, and will go hand in hand in this world with equally good benefits for everyone.
I'm a true bitcoin lover, but if you say bitcoin is better than fiat, I think it's probably too early for us to talk about it, if for now it's not the time to say bitcoin is better than fiat, because at the moment it's 80% of us still using fiat currency, maybe until whenever fiat is the best, and bitcoin can't replace fiat..
- Certainly, it is impossible to be subjective and say that bitcoin can be better because the user statistics of fiat currency still achieve the superiority and although Bitcoin has ambitions in getting closer to everyone but overall, it has no chance of becoming a fiat currency competitor, Bitcoin lovers are still too few and they also know that bitcoin has no practicality like fiat. Fiat is a union of government with people while bitcoin is a union of its own with a few small individuals in each region, investment apps may be good but living apps are lowBitcoin is better on some aspects but due to its decentralized characteristic or behavior then its understandable on why it is mostly hated by centralized government.
Bitcoin had gained lots or huge support after a decade and it would grow even more on upcoming years to come as adoption grows even more bigger.
I'm a true bitcoin lover, but if you say bitcoin is better than fiat, I think it's probably too early for us to talk about it, if for now it's not the time to say bitcoin is better than fiat, because at the moment it's 80% of us still using fiat currency, maybe until whenever fiat is the best, and bitcoin can't replace fiat..
- Certainly, it is impossible to be subjective and say that bitcoin can be better because the user statistics of fiat currency still achieve the superiority and although Bitcoin has ambitions in getting closer to everyone but overall, it has no chance of becoming a fiat currency competitor, Bitcoin lovers are still too few and they also know that bitcoin has no practicality like fiat. Fiat is a union of government with people while bitcoin is a union of its own with a few small individuals in each region, investment apps may be good but living apps are low 
Bitcoin and fiat currency serve different purposes, and each has its own set of benefits and drawbacks, in my opinion. In general, it's the same, but in my opinion, bitcoin is better than fiat. However, the problem right now is that if we adapt and use it for different payment systems, the fees are quite high, and some people can't even complete a small transaction due to the fees, so I still believe that fiat is better than bitcoin when it comes to payment methods.
In terms of investment, bitcoin is unquestionably the best asset since, unlike fiat, we can instantly profit with the appropriate timing and analysis. In contrast, it takes a long time for currency to expand, and only large investors will benefit from it.
When it comes to security, I believe both are fine right now; fiat is secure because it is centralized, and the government will not allow the fiat system to be destroyed; bitcoin is secure, IMO, because nothing has changed in the past few years; my BTCs are still in my wallet, and if you lose it, it is most likely your fault.
In terms of investment, bitcoin is unquestionably the best asset since, unlike fiat, we can instantly profit with the appropriate timing and analysis. In contrast, it takes a long time for currency to expand, and only large investors will benefit from it.
When it comes to security, I believe both are fine right now; fiat is secure because it is centralized, and the government will not allow the fiat system to be destroyed; bitcoin is secure, IMO, because nothing has changed in the past few years; my BTCs are still in my wallet, and if you lose it, it is most likely your fault.
It's the risk for me; fiat is a secured choice as we were conditioned to the traditional process of investing and holding our funds.
As we are still adjusting to this new digital technology of finance, we are still prone to make mistakes.
I also hope this technology could end some generational problems within our state system; that's when I can say that Bitcoin is better.
As we are still adjusting to this new digital technology of finance, we are still prone to make mistakes.
I also hope this technology could end some generational problems within our state system; that's when I can say that Bitcoin is better.
Jump to: