Topic: Why I would rather have paper money then Bitcoin (Read 1349 times)
Many people will surely choice paper money than bitcoin it is because paper money is a sure money and has a constant value or price. Some people are also thinking that if they have bitcoin instead of paper money they might lose or decrease their money. We all know that bitcoin price or value can increase or decrease in a blink, unlike with the paper money which price or value move in a blink. Well there are also a lot of advantage of using paper money such as it is acceptable in big or small transactions, payment for all industry. Still we will be back to the basics of this culture which are using what is the traditional way of payment which is the use of paper money.
Well it is true that fiat is better to have than bitcoin in terms of usability since you always have it in your hand. But bitcoin is like another source of income that can also be used to pay as substitute to paper money or store as investment to earn profit. For me I consider bitcoin as investment and if I need fiat then I just convert it and use it.
At the moment I also have this opinion. So most of the products you buy only for paper money and so it will be a long time. Not all people, especially those over 50, easily understand this all.
everyone can definitely use bitcoin as a means of payment where the person wants to try and keep learning to understand bitcoin.learning bitcoin does not look age,in fact in my country (indonesia) many children / teenagers who can use bitcoin.
At the moment I also have this opinion. So most of the products you buy only for paper money and so it will be a long time. Not all people, especially those over 50, easily understand this all.
This is going to come to a surprise to many on here, but at the moment I'd rather have paper (US FIAT) money. It's something that I would be able to actually use in my life with ease, and even though I love crypto and everything I have to be honest about what I think and see.
Plus for the fact that if i was to have bitcoin right now, I'd be paying a very high amount in fees if I wanted to actually end up using this money.
Well that is your decision and if that is what you will prefer then that's fine, however since I do not have any plans to use my bitcoin and instead I'm just saving it then I prefer to have my bitcoin instead, I know that I'll be able to use fiat more easily but with bitcoin I grow my wealth something that is impossible to do with fiat and in fact the opposite happens you lose your purchase power every day by inflation Plus for the fact that if i was to have bitcoin right now, I'd be paying a very high amount in fees if I wanted to actually end up using this money.
I also preferred using fiat currency in everyday life rather than bitcoin. The reason is that for me using digital currency is very risky and the security issues are arising every now and then, bitcoin is a hot target for hackers around the globe. I rather use something that i can hold physically and have assurance that i am holding it in real life.
It depends, some people believe in paper money, some people stocks, and some people in bitcoin. It's all about trusting the company, and where you putting your money in.
This is going to come to a surprise to many on here, but at the moment I'd rather have paper (US FIAT) money. It's something that I would be able to actually use in my life with ease, and even though I love crypto and everything I have to be honest about what I think and see.
Plus for the fact that if i was to have bitcoin right now, I'd be paying a very high amount in fees if I wanted to actually end up using this money.
Paper money or fiat money usually used in different countries. It is usually used to buy daily products, pay bills, etc. Usually bitcoin cant used to pay bills in some shops, so you need to convert it first for you to pay your bills. Plus for the fact that if i was to have bitcoin right now, I'd be paying a very high amount in fees if I wanted to actually end up using this money.
This is going to come to a surprise to many on here, but at the moment I'd rather have paper (US FIAT) money. It's something that I would be able to actually use in my life with ease, and even though I love crypto and everything I have to be honest about what I think and see.
Plus for the fact that if i was to have bitcoin right now, I'd be paying a very high amount in fees if I wanted to actually end up using this money.
Plus for the fact that if i was to have bitcoin right now, I'd be paying a very high amount in fees if I wanted to actually end up using this money.
Paper money is widely use around the world especially the poor people. The situation is difficult for the if we are not to use paper money. In some countries not all people can access the internet.
Bitcoin is not for everyone and for that reason a true mass adoption is under big question.
You can use Bitcoins in your everday life as easy and convenient as any fiat currency but you have to know how to use it and know the mechanisms that could make this easier, like Bitcoin debit cards. Knowledge and informations are very important for every Bitcoin user.
You got it right there. Honestly, i am not that knowledgeable about bitcoin yet so I don't like to do harsh decisions. I need to read more and research more to make the right decisions so i wont regret in the end. You can use Bitcoins in your everday life as easy and convenient as any fiat currency but you have to know how to use it and know the mechanisms that could make this easier, like Bitcoin debit cards. Knowledge and informations are very important for every Bitcoin user.
This is going to come to a surprise to many on here, but at the moment I'd rather have paper (US FIAT) money. It's something that I would be able to actually use in my life with ease, and even though I love crypto and everything I have to be honest about what I think and see.
Plus for the fact that if i was to have bitcoin right now, I'd be paying a very high amount in fees if I wanted to actually end up using this money.
Plus for the fact that if i was to have bitcoin right now, I'd be paying a very high amount in fees if I wanted to actually end up using this money.
Bitcoin is a good thing but you cannot hold it or use it in daily transactions. However, bitcoin has a capability of becoming a good source of income. This income can be converted to fiat cash. You do not need to transact in bitcoin every day, just make it as an investment,
This is going to come to a surprise to many on here, but at the moment I'd rather have paper (US FIAT) money. It's something that I would be able to actually use in my life with ease, and even though I love crypto and everything I have to be honest about what I think and see.
Plus for the fact that if i was to have bitcoin right now, I'd be paying a very high amount in fees if I wanted to actually end up using this money.
Plus for the fact that if i was to have bitcoin right now, I'd be paying a very high amount in fees if I wanted to actually end up using this money.
Actually it depends on the people what they prefer on holding, the reason why most of the people are preferring to invest on cryptocurrency is because of the price in the market of bitcoins that keeps on increasing as the time goes by and because of that, you are assured that you can really earn profit.
This is going to come to a surprise to many on here, but at the moment I'd rather have paper (US FIAT) money. It's something that I would be able to actually use in my life with ease, and even though I love crypto and everything I have to be honest about what I think and see.
Plus for the fact that if i was to have bitcoin right now, I'd be paying a very high amount in fees if I wanted to actually end up using this money.
Plus for the fact that if i was to have bitcoin right now, I'd be paying a very high amount in fees if I wanted to actually end up using this money.
of course you should choose paper money than bitcoin for daily use purpose, because it is easy use and accepted anywhere. Technically, bitcoin is not a currency (exchange tool), it is more like investment commodity that has value for exchange currency.
between fiat and bitcoin money both have the disadvantages and advantages. for now people say prefer the fiat money because the price of bitcoin is going down, but it would be much happier to have bitcoin if bitcoin prices soar because the price of bitcoin is expensive se will be fiat money is not worth it
Actually the bitcoin price is not stable and we see fluctuation in bitcoin price for every time and that is the main reason that still most of the people do not taking interest in bitcoin, but still a lot of people have started their business and they are even using bitcoin for their business, i am hopeful that in future when bitcoin will become more popular then people are start taking more interest in bitcoin and hope that then bitcoin will bitcoin will become more popular.
I think that the author of the topic is right, but this is because the crypt coin did not enter fully and the leading states did not enter their coin officially
between fiat and bitcoin money both have the disadvantages and advantages. for now people say prefer the fiat money because the price of bitcoin is going down, but it would be much happier to have bitcoin if bitcoin prices soar because the price of bitcoin is expensive se will be fiat money is not worth it
This is going to come to a surprise to many on here, but at the moment I'd rather have paper (US FIAT) money. It's something that I would be able to actually use in my life with ease, and even though I love crypto and everything I have to be honest about what I think and see.
Plus for the fact that if i was to have bitcoin right now, I'd be paying a very high amount in fees if I wanted to actually end up using this money.
Yes, paper money is easier to use. Bitcoin has not yet been widely used in real life, and few stores accept bitcoin, and we often can't use bitcoin to buy what we want. And the use of paper money can be done, so some people prefer to use paper money. Plus for the fact that if i was to have bitcoin right now, I'd be paying a very high amount in fees if I wanted to actually end up using this money.
I can understand you. At this moment cryptocurrencies are not enough integrated in real life. Bitcoin is more like an asset, altcoins mostly are just tokens based on ideas and weak realisation.
Yup, it sure is more safer than BTC. I would still trade and invest in crypto currencies tho.
Yes of course, fiat money is easier to use in everyday life.
Bitcoin has little problem when it is used as a tool for daily payments such as transfer process that takes a long time and also a very high cost in every transfer process.
Bitcoin has little problem when it is used as a tool for daily payments such as transfer process that takes a long time and also a very high cost in every transfer process.
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