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Bitcoin => Bitcoin Discussion => Topic started by: DOGE12321 on August 01, 2016, 07:24:49 AM



Title: Cyrpto vs Fiat
Post by: DOGE12321 on August 01, 2016, 07:24:49 AM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)


Title: Re: Cyrpto vs Fiat
Post by: USB-S on August 01, 2016, 07:25:23 AM
You mean people still use regionally locked monies? ;D


Title: Re: Cyrpto vs Fiat
Post by: Pursuer on August 01, 2016, 07:34:53 AM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

I think most of the benefits are obvious in both.

cryptocurrencies has the benefit of being decentralized (to some extent) and more importantly is that you are handling everything on your own without relying on a third party like banks for using your own money. so nobody can block your money or take it from you, and if you follow certain security rules you will always be safe from hacks,...

but there is a big problem with using cryptocurrencies and that is the fact that there is not enough places to spend it as a currency (it is not yet adopted fully) so we are all stuck with using fiat.


Title: Re: Cyrpto vs Fiat
Post by: SAMKUSH on August 01, 2016, 07:45:48 AM
I mainly use cryptocurrency to gamble or trade, I can make alot of money this way. As soon as I reach a certain amount I sell my crypto and buy fiat as it is more useful to me, it is easier to spend. I only use crypto for certain services.


Title: Re: Cyrpto vs Fiat
Post by: btckold24 on August 01, 2016, 07:49:05 AM
at this point I like using crypto to do things online but still prefer fiat in person cause its much easier to deal with as most places dont take it or its taking to long
to get everything done. If more places took crypto i would much prefer to use that though


Title: Re: Cyrpto vs Fiat
Post by: 1Referee on August 01, 2016, 07:53:39 AM
Bitcoin advantages;

~ Decentralization aspect.
~ Storing money outside the banking system.
~ Sending and receiving money instantly around the world where the amount doesn't matter.
~ Great currency for online payments.
~ Blockchain that can be used for various purposes.
~ Fixed coin cap.
~ Amount of coins pumped in the economy halves every 4 years.

Fiat advangates;

~ Acceptance everywhere in the world.
~ Best payment tool in the offline market.


Title: Re: Cyrpto vs Fiat
Post by: jhenfelipe on August 01, 2016, 07:59:27 AM
I'm using Crypto in online world. As long as I'm online, I can earn it anytime and anywhere, no boundaries. I can manage it myself too, send and receive payments, trade and invest. I have a full control of my earnings. On the other side, I use fiat on my everyday life, I earn it on my full time job. I can spend it anytime and anywhere on different stores, but of course there is tax deduction.


Title: Re: Cyrpto vs Fiat
Post by: Jimbola3 on August 01, 2016, 08:01:50 AM
I mainly use cryptocurrency to gamble or trade, I can make alot of money this way. As soon as I reach a certain amount I sell my crypto and buy fiat as it is more useful to me, it is easier to spend. I only use crypto for certain services.
But there are more fiat gambler then the cryptocurrency gambler as there are more number of casinos all around the world and more gambler too !
yeah but is soon future i think more physical stores will be accepting bitcoin so it will be more important then fiat !


Title: Re: Cyrpto vs Fiat
Post by: JesusHadAegis on August 01, 2016, 08:01:58 AM
Do we take sides or?. I earn crypto but i need to convert it to fiat in order for me to spend it. Crypto is easily transferable and it has nothing to do with the government. Crypto as we know circulates in the internet and the only risk is scammers but it's on you if u got scammed many times. the same with fiats currencies.


Title: Re: Cyrpto vs Fiat
Post by: sulendra12 on August 01, 2016, 08:03:21 AM
You must need both of them , you work and get paid with cryptocoin and then exchange to flat for your needs.
And the good point with cryptocoins you can earn interest with it and you can send your bitcoin anywhere you want with less fee.


Title: Re: Cyrpto vs Fiat
Post by: danherbias07 on August 01, 2016, 08:05:11 AM
I think there is one thread that talks about bitcoin vs fiat. When it is crypto, then it is all the online currencies.
Both have their own usage and must exist at the same time for the convenience of all people.


Title: Re: Cyrpto vs Fiat
Post by: shinratensei_ on August 01, 2016, 08:10:22 AM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What is the benefit of each?  :)
The benefit from using fiat
- You can buy anything for easily in every place in your are or region
-The store is always accepted fiat payment
-It's legal currency with the government regulate

the benefits of using bitcoin
-it's decentralized
-anonymity it's enough for covering your personal data
-easy for using for the online digital transaction

Between the benefits of bitcoin, you can get there are disadvantages for every type currency.


Title: Re: Cyrpto vs Fiat
Post by: Indrawan77 on August 01, 2016, 08:19:21 AM
If you are asking whether bitcoin or fiat, i would definitely say bitcoin because it is a good investment tool, but if alt coin i kind of doubt which one to choose, some of the coin is very unstable in one minute the price is sky rocket the other minute it can down to a hole, so if invested in bitcoin i would definitely say yes, but alt coin i would say fiat is better


Title: Re: Cyrpto vs Fiat
Post by: DOGE12321 on August 01, 2016, 08:23:58 AM
I mainly use cryptocurrency to gamble or trade, I can make a lot of money this way. As soon as I reach a certain amount I sell my crypto and buy fiat as it is more useful to me, it is easier to spend. I only use crypto for certain services.
We have very much alike. I do the exact same, but I can't to sell my Bitcoin and get Fiat. But I use BTC to buy Steam keys and digital technologies using a Bitcoin debit card. However, I do think that fiat would be more useful to me compared to cryptocurrency.  :)




Title: Re: Cyrpto vs Fiat
Post by: extrabyte on August 01, 2016, 08:36:47 AM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

Both of them have their own benefits, for real world use fiat is the first one cant be changed for few decades maybe and for online purposes I prefer more bitcoin because its cheaper and most of the time faster than online banking transfers.


Title: Re: Cyrpto vs Fiat
Post by: Jeremycoin on August 01, 2016, 08:43:00 AM
For now, Fiat is the more used by people. But I believe as the time goes by people will start using Cryptocurrency, because it's the most suitable for now and for the future. Because using Cryptocurrency is more practical than using fiat money, you don't have to bring a lot of them in your wallet. So you don't have to worry for your money will be stolen. Well, it depends on how you keep your cryptocurrency. If you do it with the proper way, then you are safe. But if you do not use the best security system to protect your wallet, then you are not that good.


Title: Re: Cyrpto vs Fiat
Post by: PhilPrime on August 01, 2016, 09:51:49 AM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)


for me. fiat is the best. we use it for many years and it still fiat and strong. the price is stable and its legal.
while on the other hand, crypto is good too but there price is very volatile and easy to be dump. so it is not stable
but we can also use it for profit. :)


Title: Re: Cyrpto vs Fiat
Post by: Sniper44 on August 01, 2016, 09:55:06 AM
each of them are made for a different purpose, you can't really compare them in my opinion.

fiat has been around for a very long time and it is being accepted everywhere in the world without an exception and all fiat currencies can be exchanged to each other.

bitcoin offers a lot of benefits like the security and decentralization and many other things that others have explained above me. but the problem with bitcoin is adoption.

all other crypto currencies which are altcoins are a lesser version of bitcoin. they have many good features but not all of them are good but some have good future ahead themselves even if today they are sharing a small part of the market.


Title: Re: Cyrpto vs Fiat
Post by: Dudeperfect on August 01, 2016, 09:57:23 AM
The main difference is accessibility, acceptability, anonymity and cost & fees. Right now crypto currency has advantage of 3 things and fiat is well just on acceptability.

You can send crypto coins anywhere in the world without any heavy costs but if you are transferring fiat then you might have to pay heavy charges on such transfers.

Fiat is popular just because it’s the traditional way of transactions and since crypto currency is new and getting momentum, it’s comparatively less popular.

Crypto currency has biggest advantage of anonymity which is not possible in fiat unless you are dealing through negative channels like havala network.


Title: Re: Cyrpto vs Fiat
Post by: btvGainer on August 01, 2016, 09:59:26 AM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)
Prefer cryptocurruncy because they are fast,secure and you have full contol on your money. But it will take lot of time before cryptocurruncy replace fiat or it may never happen in my lifetime


Title: Re: Cyrpto vs Fiat
Post by: shinratensei_ on August 01, 2016, 10:01:19 AM
Using fiat or cryptocurrencies will give you a different benefits but, all about it's just for make easily for the human's life, like fiat you can take the benefits like, Is very easy to use that in your environment, filled your daily needs and another benefit you can get from fiat and the cryptocurrency will give benefits like the decentralized system you will get to secure your data, but it's just some example for the benefits you can get from them.


Title: Re: Cyrpto vs Fiat
Post by: Digitalbitcoin on August 01, 2016, 10:10:22 AM
Crypto is has its own height But but fiat currency is need for local trade.

But Crypto currency have that much power can replace fiat currency. As these are directly evaluated in fiat currency.
Upcoming world is digital and already beginning launched in form of Bitcoin.


Title: Re: Cyrpto vs Fiat
Post by: BitFinnese on August 01, 2016, 10:12:16 AM
We all know the similarities and differences , advantage and disadvantages of the two.  Crypto  is pushing a decentralized form of  monetary system while fiat money is already under a centralized monetary system.  Crypto being easily transmitted globally while specfic country fiat money need to be converted to international currency then convert it to wherever country is the one receiving it.


Title: Re: Cyrpto vs Fiat
Post by: romero121 on August 01, 2016, 10:17:22 AM
Fiat has long back existence as well history compared to our cryptographic currency network. Now due to the high potential bitcoin have reached more users in a short span but won't get used similar to fiat. Over the falling years at least 10% increase from current users is expected.


Title: Re: Cyrpto vs Fiat
Post by: yayayo on August 01, 2016, 12:17:35 PM
Well, that's pretty simple.

Fiat has zero positive aspects or advantages. One can only point out the negatives: Fiat is political money, subject to the interventionist Ponzi schemes of government-controlled central banks. Fiat has therefore a built-in value destruction function. Fiat is neither a safe store of value, nor a recommended way to transfer value. Using fiat, you are subject to surveillance and arbitrary harassment by banks and the officialdom that constantly invent new pretexts to illegitimately extract funds from the respectable individual to further accelerate their cancerous growth.

With Bitcoin you have a safe store of value that exists outside the fiat Ponzi scam. If you use it peer-to-peer with no intermediaries and fiat conversion, you can also get rid of most of the invasions of privacy attached to fiat use.

ya.ya.yo!


Title: Re: Cyrpto vs Fiat
Post by: RoommateAgreement on August 01, 2016, 12:25:03 PM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

i think it doesn't matter how many more topics about this subject are created and how many people reply to it, nobody will undestand the difference really until they have tried both systems themselves for some time.

obviously we have all used fiat so we don't need more experience there, so i suggest you use bitcoin for real like in going out and buying something with it to feel for yourself what the difference is.


Title: Re: Cyrpto vs Fiat
Post by: buyinbtc on August 01, 2016, 12:25:50 PM
Fiat has long back existence as well history compared to our cryptographic currency network. Now due to the high potential bitcoin have reached more users in a short span but won't get used similar to fiat. Over the falling years at least 10% increase from current users is expected.
even though the existence of fiat has a far bigger history in my opinion bitcoins will be way bigger in the future, i think everyone will be using it every day


Title: Re: Cyrpto vs Fiat
Post by: TastyChillySauce00 on August 01, 2016, 12:32:18 PM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)
Prefer cryptocurruncy because they are fast,secure and you have full contol on your money. But it will take lot of time before cryptocurruncy replace fiat or it may never happen in my lifetime
well what make you think you don't have a full control of fiat money even you're holding its and can use or store it by your will and right?
also fiat (physical money) don't need even a confirmation,however bitcoin could win on digital side


Title: Re: Cyrpto vs Fiat
Post by: Doamader on August 01, 2016, 01:22:41 PM
If i had to choose i would go for bitcoin, as an online investor and buyer, bitcoin has all to support the marketplace 24/7 something with fiat you arent able, banks controls your money and offer you credit cards with their fees. For a daily basic it would need cash but bitcoin can be sold and bought anytime for any place, trusted for sure. The fact the governement has no control over it or tax makes bitcoin more shinning as well.


Title: Re: Cyrpto vs Fiat
Post by: cleverlittleme on August 01, 2016, 01:40:07 PM
If I had to choose I would go for fiat.
Everybody accepts it, and one dollar today will be worth about the same tomorrow.
But since I can have both, I take both!


Title: Re: Cyrpto vs Fiat
Post by: Altynbekova on August 01, 2016, 02:37:19 PM
If I had to choose I would go for fiat.
Everybody accepts it, and one dollar today will be worth about the same tomorrow.
But since I can have both, I take both!

Fiat is needed for survival, but crypto is the future, so yeah it is hard.
But we don't have to choose, we are lucky enough to be able to use both, which is exactly what I am doing at the moment.


Title: Re: Cyrpto vs Fiat
Post by: severaldetails on August 01, 2016, 02:57:46 PM
Of course I use much more fiat than bitcoins.
Cash and coins have the advantage of being relatively anonymous.
But everybody needs a bank account, at least where I live.
I would say that fiat is necessary, and bitcoin luxury.


Title: Re: Cyrpto vs Fiat
Post by: dothebeats on August 01, 2016, 05:43:12 PM
Depends on the usage mainly.  Both has its own benefits, like bitcoin can be used instantly through the internet while fiat can be used when you buy from a physical store. But honestly, I'd prefer bitcoin over fiat because fiat has its own restriction, and that is if its not under the jurisdiction of the government, you can't use it directly, whereas in bitcoin, it is globally accepted. Plus, no one controls bitcoin.


Title: Re: Cyrpto vs Fiat
Post by: Kprawn on August 01, 2016, 05:48:44 PM
If I had to choose I would go for fiat.
Everybody accepts it, and one dollar today will be worth about the same tomorrow.
But since I can have both, I take both!

Fiat is needed for survival, but crypto is the future, so yeah it is hard.
But we don't have to choose, we are lucky enough to be able to use both, which is exactly what I am doing at the moment.

Why is fiat used for survival? Do you mean people use it on a daily basis to buy day to day groceries and for that reason it falls under the survival side? There are a guy who lived on Bitcoin for 1 year

and travelled all over the world, without having to use fiat for day to day survival, so you can survive on bitcoin if you need to. The advantage Bitcoin has over fiat is that you can use it globally without

having to convert to other currencies to pay for services and goods. {You use it directly between people}  ;)



Title: Re: Cyrpto vs Fiat
Post by: data1 on August 01, 2016, 05:50:00 PM
crypto's are just a developed faints. faint are pfysical and crypto are virtual it has no rules and regulation and we are free to use it


Title: Re: Cyrpto vs Fiat
Post by: crairezx20 on August 01, 2016, 06:02:55 PM
They difference but you can use the to buy but bitcoin has still have a limitation and i think fiat will be still the best to choose for local and internationality bitcoin can help your fiat to transfer all over the world fast.. you can get benefits in bitcoin just to buy and hold for a long time and sell it when the price of bitcoin is high..


Title: Re: Cyrpto vs Fiat
Post by: CroIsBest on August 01, 2016, 06:08:18 PM
I am sure that it will really crypto always after five to ten years be more popular value than fiat.Fiat will nobid  use after five to ten years maybe because cypto big popularity in this sencury.


Title: Re: Cyrpto vs Fiat
Post by: mishra1994 on August 01, 2016, 06:11:06 PM
Both fiat and crypto have their own advantages,they are pretty unique if compared to each other and the choise may be different from person to person.I would select fiat just because we can use it in our day to day life and for our daily needs.Crypto is not that established and popular till now and used mostly online but yet it has it own good advantage which fiat doesnt.


Title: Re: Cyrpto vs Fiat
Post by: The Sceptical Chymist on August 01, 2016, 06:14:31 PM
You mean people still use regionally locked monies? ;D
That's a clever play on words, and I hope one day we'll look back on the USD, the euro and all the other currencies as exactly what you said.  This world is going to fail if we continue with all this tribal bullshit.  Wars will kill us all.  Economic repression will kill us all.  And that's the beauty of bitcoin.  Brings us all closer together.   Forget what I said about the Philippines the other day.   :o


Title: Re: Cyrpto vs Fiat
Post by: raphma on August 01, 2016, 07:03:10 PM
why choose? use them both.

Both fiat and crypto have their own advantages,they are pretty unique if compared to each other and the choise may be different from person to person.I would select fiat just because we can use it in our day to day life and for our daily needs.Crypto is not that established and popular till now and used mostly online but yet it has it own good advantage which fiat doesnt.
you can use bitcoin that way too, just order a bitcoin debit card. it is visa/mastercard so any place will accept.


Title: Re: Cyrpto vs Fiat
Post by: SvenBomvolen on August 01, 2016, 07:12:00 PM
   There is no good explanation for your question, simply cause bitcoin can not be used for paying many things in real life. On other hand with bitcoin is much easier to work online, send and receive money, pay for something, or be paid for some work.
   This struggle between currencies will always be around us, bitcoin is something new and many old conservative people will not accept all this. New generations are coming, bitcoin need to survive and maybe for 20, 30 years can stand against fiat.


Title: Re: Cyrpto vs Fiat
Post by: ImHash on August 01, 2016, 07:14:44 PM
you can believe it or not but ever since knowing about bitcoin and crypto in total I lost my faith if had any on fiat.
crypto has something new and treats all equally.


Title: Re: Cyrpto vs Fiat
Post by: andyste on August 01, 2016, 07:55:56 PM
what do you plan is compare crypto and fiat ?
if you compare savety and saving your must fiat money
but you want growth your money your must choose bitcoin crypto coin and altcoin


Title: Re: Cyrpto vs Fiat
Post by: Cuidler on August 02, 2016, 12:00:55 AM
This struggle between currencies will always be around us, bitcoin is something new and many old conservative people will not accept all this. New generations are coming, bitcoin need to survive and maybe for 20, 30 years can stand against fiat.

I have to agree cryptocurrencies need more time for people to adopt slowly over time. Fiat only advantage is everybody using it, but once this dominance ends people should preffer cryptocurrency public ledgers over secretly mantained fiat ledgers. In future there will be attempts from politics to force everybody to use the fiat again, because their debt based fiat pyramid can collapse so fast if people start ignore using fiat on a larger scale.

Public ledger is much better than secretly mantained ledger, because without public control there is so much room for misusing the power to have control over the ledger and creation of new fiat tokens in any quantity out of nothing - and you have actually work for such fiat tokens?


Title: Re: Cyrpto vs Fiat
Post by: goinmerry on August 02, 2016, 12:33:20 AM
I think this two have their own ways of dealing for people. One is for an online money and the other for just physical trades. With the two inside society everything will be faster.


Title: Re: Cyrpto vs Fiat
Post by: madwica on August 02, 2016, 01:30:50 AM
I think this two have their own ways of dealing for people. One is for an online money and the other for just physical trades. With the two inside society everything will be faster.
That is true both are different, that is why we can not compare that two. crypto currency is without physical appearance like fiat that we can hold and kept it in our pocket and spend any time we want.


Title: Re: Cyrpto vs Fiat
Post by: Sorrowfox on August 02, 2016, 02:40:23 AM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

After doing some research about cryptocurrency I have found out that a it s digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. While fiat currency is  is legal tender whose value is backed by the government that issued it. The U.S. dollar is fiat money, as are the euro and many other major world currencies. This approach differs from money whose value is underpinned by some physical good such as gold or silver, called commodity money. With the description that I have mentioned, I think  the fiat currency is more secure and more stable thatn cryptocurrency since its value is backed up by the government.


Title: Re: Cyrpto vs Fiat
Post by: JeffBrad12 on August 02, 2016, 05:22:59 AM
I think this two have their own ways of dealing for people. One is for an online money and the other for just physical trades. With the two inside society everything will be faster.
That is true both are different, that is why we can not compare that two. crypto currency is without physical appearance like fiat that we can hold and kept it in our pocket and spend any time we want.
In the first interest of the people is creating cryptocurrency, is using that to assisting the fiat currency because it's not possible for using the fiat currency in the digital transaction,so does we can compare the boss and the assistant? ::)


Title: Re: Cyrpto vs Fiat
Post by: davis196 on August 02, 2016, 05:56:23 AM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

Cryptocurrencies are still more a financial asset rather than a currency.

I can`t compare them because i need them both.

There is no point to compare them.


Title: Re: Cyrpto vs Fiat
Post by: Nahl on August 02, 2016, 11:51:29 AM
i still use both and benefit for them is with bitcoin i could make money with trading or else way and with fiat has very help me to buy my daily needs because bitcoin could not do that and currently even development of cryptocurrency has pretty fast but i think still not enough to defeat fiat however if they could walking together in the future with equally strong i think that will really good


Title: Re: Cyrpto vs Fiat
Post by: BitHodler on August 02, 2016, 11:56:17 AM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

Cryptocurrencies are still more a financial asset rather than a currency.

I can`t compare them because i need them both.

There is no point to compare them.
There is nothing wrong with people comparing fiat to crypto as people love to compare.

But yes, you're right with saying that people are using crypto far more for investment purposes than as currency tool.

That however will change when the acceptance of Bitcoin throughout the world is picking up.

Till that time people will prefer to use it more as an investment tool than a currency tool as they see there is a lot money to be made with such volatility.


Title: Re: Cyrpto vs Fiat
Post by: BitReward on August 02, 2016, 12:00:38 PM
I think both are better both have their own places, I think for online business we will have to adopt crypto and for offline business we will have to adopt fiat.


Title: Re: Cyrpto vs Fiat
Post by: relq on August 02, 2016, 12:01:15 PM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

Well, both cryptocoins and fiat have their own benefit. I use fiat in real life and i use cryptocoins  on online like buying and selling something online.


Title: Re: Cyrpto vs Fiat
Post by: iv4n on August 02, 2016, 12:12:30 PM
I think we saw similar threads in the past, and I still think that its not fair to compare fiat and crypto currencies, simply cause fiat is used for centuries, bitcoins just couple years. Governments, companies, everything work on fiat, bitcoin just started to take pieces of that. Only for, who know how many years, bitcoin can come close to fiat.
Benefits, well I'm from Serbia my currency is not presented so much on internet, for me its more simply to work with bitcoins.


Title: Re: Cyrpto vs Fiat
Post by: X-ray on August 02, 2016, 12:22:27 PM
I think both are better both have their own places, I think for online business we will have to adopt crypto and for offline business we will have to adopt fiat.
well i agree with you,using digital things and implement it for offline or real life is just plain crazy to be honest if it were today,so many people still lack of technology ,atleast wait until atleast half or the whole earth advanced on technology


Title: Re: Cyrpto vs Fiat
Post by: neochiny on August 02, 2016, 12:51:20 PM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

Fiat and cryptocurrency, they may be alike but they are very different, while cryptocurrency can be used online
with little problem, fiat can also be used online with little to no problem, but cryptocurrency has a too little usage
offline while fiat can be used online and offline, online crypto currency may have a lot of advantages same goes
to fiat when offline(using on daily basis). this is the benefits of each currency offline or online.


Title: Re: Cyrpto vs Fiat
Post by: mindrust on August 02, 2016, 12:58:00 PM
Crypto is the best as long as there is a trust between the users who pays and who receives.

I would pay in crypto when its available as long as the seller has high reputation.

On the other hand, when i make my daily shopping, i use fiat. It is because it is faster and more common.


Title: Re: Cyrpto vs Fiat
Post by: Snorek on August 02, 2016, 01:03:40 PM
For now the problem with cryptocurrency is its limited range of application. You usually can't pay with bitcoin in real life stores.
And only few online shops or services started to accepting bitcoin. That number grows constantly, but we also have some services which ceased bitcoin support, for example:  Humble Bundle.
So far Bitcoin vs Fiat looks like David and Goliath battle, but we have to remember that BTC is only 7 years old.


Title: Re: Cyrpto vs Fiat
Post by: rphk on August 02, 2016, 01:05:53 PM
Crypto

1. Crypto is easy to send globally ,
2.transaction is easier compared to fiat .
3. requires simple wallet
4. And is in digital form.

Fiat.

1. It is not very easy to send globally ,you require lot conversion and so on.
2. Transaction not very much easier like crypto
3.Requires bank account



Title: Re: Cyrpto vs Fiat
Post by: Emitdama on August 02, 2016, 01:10:08 PM
I think now is the time for crypto, as everyone is preferring to online business and for that we need a virtual system of finance and so we will prefer bitcoin a crypto for that.


Title: Re: Cyrpto vs Fiat
Post by: mobilestrike on August 02, 2016, 01:12:44 PM
i will vote for both of them, for me both are beneficial, especially crypto is a best source of incoe for me and I will choose for fiat because nowadays everyone accept the payment with fiat, but still if we start shopping online then it will mot be hard for us to buy anything from internet.


Title: Re: Cyrpto vs Fiat
Post by: BTCLovingDude on August 02, 2016, 01:21:20 PM
i will vote for both of them, for me both are beneficial, especially crypto is a best source of incoe for me and I will choose for fiat because nowadays everyone accept the payment with fiat, but still if we start shopping online then it will mot be hard for us to buy anything from internet.

well obviously. i think everybody here would choose both without exception. because we are all on bitcointalk so we have to have chosen bitcoin.
and fiat is an irremovable part of our lives, that without it we can't do anything in our lives, from paying the bills to pay for groceries we all need to use fiat.


Title: Re: Cyrpto vs Fiat
Post by: TastyChillySauce00 on August 02, 2016, 01:48:47 PM
i will vote for both of them, for me both are beneficial, especially crypto is a best source of incoe for me and I will choose for fiat because nowadays everyone accept the payment with fiat, but still if we start shopping online then it will mot be hard for us to buy anything from internet.

well obviously. i think everybody here would choose both without exception. because we are all on bitcointalk so we have to have chosen bitcoin.
and fiat is an irremovable part of our lives, that without it we can't do anything in our lives, from paying the bills to pay for groceries we all need to use fiat.
definitely right,if you're asking on fiat forum or a forum which hate bitcoin then you'll definitely get the different answer,in other side fiat is the perfect thing for paying things in your locals instead of transferring through bank account or bitcoin to be honest


Title: Re: Cyrpto vs Fiat
Post by: ObscureBean on August 02, 2016, 02:02:11 PM
If I had to choose right now, I would go with fiat, crypto is just too uncertain, you can't plan anything in advance. I've been planning to buy something online for a while, a few days ago, I had more than enough Bitcoin to get it but I was busy. Now the price has dropped and I don't have enough anymore  :(


Title: Re: Cyrpto vs Fiat
Post by: ASHLIUSZ on August 02, 2016, 02:06:32 PM
i will vote for both of them, for me both are beneficial, especially crypto is a best source of incoe for me and I will choose for fiat because nowadays everyone accept the payment with fiat, but still if we start shopping online then it will mot be hard for us to buy anything from internet.

well obviously. i think everybody here would choose both without exception. because we are all on bitcointalk so we have to have chosen bitcoin.
and fiat is an irremovable part of our lives, that without it we can't do anything in our lives, from paying the bills to pay for groceries we all need to use fiat.
definitely right,if you're asking on fiat forum or a forum which hate bitcoin then you'll definitely get the different answer,in other side fiat is the perfect thing for paying things in your locals instead of transferring through bank account or bitcoin to be honest
I too agree with you, I need both, bitcoin is my extra earning that helps me in my emergency situations. Fiat is that I need in my day today life to buy things from local stores and satisfy my needs.


Title: Re: Cyrpto vs Fiat
Post by: Capradina on August 02, 2016, 02:08:20 PM
If I had to choose right now, I would go with fiat, crypto is just too uncertain, you can't plan anything in advance. I've been planning to buy something online for a while, a few days ago, I had more than enough Bitcoin to get it but I was busy. Now the price has dropped and I don't have enough anymore  :(

Hmmzz, I think it is more profitable than the fiat crypto and crypto are much more practical, simple, and also cheaper than fiat. It's just that you don't get the chance yesterday, so you pour disappointed you in this thread. I see all the people who use the bitcoin, now his life is much better than when they have not known the bitcoin


Title: Re: Cyrpto vs Fiat
Post by: Carlsen on August 02, 2016, 02:12:47 PM
Like all the others here I really like to have both.
And i can really see no reason why I should give up any of those two
Fiat is for the bills, for my real life.
And crypto is an experemental thing, I would call it my hobby.


Title: Re: Cyrpto vs Fiat
Post by: MingLee on August 02, 2016, 02:24:40 PM
http://www.dugcampbell.com/wp-content/uploads/2014/12/Traits-of-Money.png

This is probably one of the best charts that exist for getting a good understanding of the differences between most of the common stores of value. Basically currencies have everything that fiat doesn't have (assuming it is a "traditional" cryptocurrency like Bitcoin") and it is a better form of money overall. I personally still prefer having physical cash, but crypto does technically do things better.


Title: Re: Cyrpto vs Fiat
Post by: trickshot22 on August 02, 2016, 02:31:36 PM
Like all the others here I really like to have both.
And i can really see no reason why I should give up any of those two
Fiat is for the bills, for my real life.
And crypto is an experemental thing, I would call it my hobby.
yeah i also have both of them but i would really like if it was possible to pay all of my bills only with bitcoins and nothing else, i think cryptos give people more freedom


Title: Re: Cyrpto vs Fiat
Post by: avikz on August 02, 2016, 02:34:59 PM
Each type of currency comes with own set of benefits. FIat is regulated and accepted everywhere. That is the major benefit of fiat currency.

On the other hand crypto is not regulated by any one and also not accepted everywhere. The acceptance level is still quite low. The fiat currency price is not very dynamic whereas the crypto prices are very much dynamic. It can go up to any level and go down to any level as well. 


Title: Re: Cyrpto vs Fiat
Post by: geopolisch on August 02, 2016, 02:39:34 PM
crypto currency is the future of money. I am sure in the future all Actual currency will make their crypto Versions. like Dollars, Found, Euro and all. they will become decentralized in the future. because world is getting digital.


Title: Re: Cyrpto vs Fiat
Post by: ~Bitcoin~ on August 02, 2016, 03:56:59 PM
Fiat have same amount of assets stored to keep value of fiat stable where as crypto value is market and community driven, which is fixed by community with demand vs supply calculation.

Crypto is oppurtunity to earn more where as fiat gives the value to crypto. I think both have their own benifit and are connected in sense of giving value to each other.


Title: Re: Cyrpto vs Fiat
Post by: n691309 on August 02, 2016, 10:05:04 PM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

Sometimes wins fiat sometimes wins crypto. For a more stable value is fiat which its value decreases or increases slowly comparing with bitcoin or other coins which the value increases or decreases very fast, check the most recent price of bitcoin and you can see how far has dropped, bitcoin is good, fast enough and cheap to use but the value is not as we want.


Title: Re: Cyrpto vs Fiat
Post by: Cuidler on August 02, 2016, 10:52:04 PM
Sometimes wins fiat sometimes wins crypto. For a more stable value is fiat which its value decreases or increases slowly comparing with bitcoin or other coins which the value increases or decreases very fast, check the most recent price of bitcoin and you can see how far has dropped, bitcoin is good, fast enough and cheap to use but the value is not as we want.

One Bitcoin equeals one Bitcoin no matter what price the illiquid exchanges trade the Bitcoin for. Not many people trade at these exchanges, thats why any suden activity in trade can move the price a lot (up or down). But wait longer periods and average out and the short term price moves from illiquid markets are not big issue anymore - to accomplish this you might buy or sell small sums at regular intervals regardless of price for longer interval, then you get much fairer price from this averaging. But obviously if you dont need to buy or sell, you still holding the same amount of Bitcoins (or percentage of all Bitcoins) no matter what.


Title: Re: Cyrpto vs Fiat
Post by: blackmachinegun on August 02, 2016, 11:04:22 PM
i will vote for both of them, for me both are beneficial, especially crypto is a best source of incoe for me and I will choose for fiat because nowadays everyone accept the payment with fiat, but still if we start shopping online then it will mot be hard for us to buy anything from internet.
True this time we can not let go and choose one between fiat and crypto. I think we have to use them because we have an interest in both
we can not let go of fiat although the main income of bitcoin because the current fiat is the main currency used for shopping


Title: Re: Cyrpto vs Fiat
Post by: bestluck on August 02, 2016, 11:18:53 PM
I think currently both are better, as in offline world most of the people do not know about that crypto coins and so we are uable to pay with that currencies while in online world crypto is working much better and have a lot of good features with which we are getting a good profit also and now everyone prefer bitcoin for their online business so we can say both are better for now.


Title: Re: Cyrpto vs Fiat
Post by: asriloni on August 03, 2016, 12:34:07 AM
i will vote for both of them, for me both are beneficial, especially crypto is a best source of incoe for me and I will choose for fiat because nowadays everyone accept the payment with fiat, but still if we start shopping online then it will mot be hard for us to buy anything from internet.
That's right using both of them is very beneficially, but I not sure in this time the crypto has become a best income for your. after seeing the market the price of bitcoin is dropping for drastically and what the irony for that.


Title: Re: Cyrpto vs Fiat
Post by: danherbias07 on August 03, 2016, 12:37:46 AM
I think currently both are better, as in offline world most of the people do not know about that crypto coins and so we are uable to pay with that currencies while in online world crypto is working much better and have a lot of good features with which we are getting a good profit also and now everyone prefer bitcoin for their online business so we can say both are better for now.

That should be how we think. We should be understanding the people who doesnt know it. They need the fiat, they cant do businesses or cant buy anything without it. Crypto have its own use for people who knew it.


Title: Re: Cyrpto vs Fiat
Post by: Sorrowfox on August 03, 2016, 02:36:26 AM
I'm using Crypto in online world. As long as I'm online, I can earn it anytime and anywhere, no boundaries. I can manage it myself too, send and receive payments, trade and invest. I have a full control of my earnings. On the other side, I use fiat on my everyday life, I earn it on my full time job. I can spend it anytime and anywhere on different stores, but of course there is tax deduction.

Yeah you are right. That is one big advantage of cryptocurrency, it is widely used in online. It makes transaction online very easy and fast plus the fact that there are a lot of ways to earn these cryptocurrency without putting an initial investment. But it also has its limit and that is it can be used in real life. You cannot use your cryptocurrency in buying coffee in your favorite coffeshop or paying your monthly amortizatization.


Title: Re: Cyrpto vs Fiat
Post by: BeGoods on August 08, 2016, 02:06:27 PM
i will vote for both of them, for me both are beneficial, especially crypto is a best source of incoe for me and I will choose for fiat because nowadays everyone accept the payment with fiat, but still if we start shopping online then it will mot be hard for us to buy anything from internet.
yeah will be different when cryptocurrency selection has been accepted by everyone and we did not find any difficulty to shop using crypto or bitcoin.
of course I could easily choose bitcoin or crypto as a major currency. but in fact you can not shop in addition to using fiat



Title: Re: Cyrpto vs Fiat
Post by: HeroCat on August 08, 2016, 02:30:08 PM
Crypto currencies have small market if we compare to FIAT market. Shops and Banks use only FIAT. Crypto is like very small dedicated market to computer users. With time, may be banks will start to implement crypto currencies too  ;)


Title: Re: Cyrpto vs Fiat
Post by: BAGOBO on August 08, 2016, 02:49:19 PM
If you sending fiat between country let say from Singapore to Netherland, you need quite high fee to paid.
The story will be different if you're using bitcoin ( crypto ) which is faster and the cheapest among fiat !


Title: Re: Cyrpto vs Fiat
Post by: takingthis4 on August 08, 2016, 03:09:08 PM
If you sending fiat between country let say from Singapore to Netherland, you need quite high fee to paid.
The story will be different if you're using bitcoin ( crypto ) which is faster and the cheapest among fiat !
thats true, cryptos are the best currencies that are out there right now, i hope that holding it will give me really big profit though anything possible


Title: Re: Cyrpto vs Fiat
Post by: 23dzmaz on August 08, 2016, 03:32:03 PM
Actually, this both Crypto and fiat are good. So, i pick both Crypto and fiat, because fiat is very important in real life and everyone need it and for online i can use crypto.


Title: Re: Cyrpto vs Fiat
Post by: Tyrantt on August 08, 2016, 04:32:56 PM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

right now, I'm selling cryptoc for fiat just because btc isn't spread enough to be used for normal everyday life, in the future when it has more viable use for everyday life items, I'd totally switch to btc as a main currency.


Title: Re: Cyrpto vs Fiat
Post by: noormcs5 on August 08, 2016, 04:39:47 PM
Crypto currencies have small market if we compare to FIAT market. Shops and Banks use only FIAT. Crypto is like very small dedicated market to computer users. With time, may be banks will start to implement crypto currencies too  ;)

Fiat Currencies are more stable and there are few of them. whereas these days you will find every other person developing his Altcoin to get short term profit and scamming people. I guess only bitcoins and few other stable Altcoins are still better than Fiat.


Title: Re: Cyrpto vs Fiat
Post by: xdrpx on August 08, 2016, 04:56:50 PM
I find fiat the most liquid asset that I've ever owned and it's easy to spend anywhere, both in a Brick and Mortar store as well as online. I can withdraw fiat from an ATM anywhere in thousands of machines near my home. I can carry it in my wallet and probably using plastic cards. Crypto on the other hand is good for making my spendings online, cause I can't use Paypal to buy on international websites. Crypto enables me to trade in a decentralized manner without prying eyes.


Title: Re: Cyrpto vs Fiat
Post by: Hellacopter on August 08, 2016, 05:06:42 PM
Personally i prefer using cypto and especially Bitcoin, instead of using fiat. Bitcoin and crypto currencies have a lot of powerful features making it a lot better than the other currencies.


Title: Re: Cyrpto vs Fiat
Post by: serjent05 on August 08, 2016, 05:18:44 PM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

Crypto currency and fiat money are both considered as money, so their feature is almost the same.  The only difference is one is tangible and the other one is in digital form.  Fiat money requires high fee if you need to move them from one country to another country while Crypto just need a wallet on the other end to receive it.


Title: Re: Cyrpto vs Fiat
Post by: ShrykeZ on August 08, 2016, 05:23:28 PM
Use them both, prefer Bitcoin although cannot use it everywhere without converting it to Fiat. More BTC adoption the better!


Title: Re: Cyrpto vs Fiat
Post by: nejibens on August 08, 2016, 05:35:21 PM
I use both, but i prefer crypto and Bitcoin especially, but unluckily the Bitcoin isn't yet supported as payment method by many great marketplaces.


Title: Re: Cyrpto vs Fiat
Post by: macedoniantable on August 08, 2016, 05:51:19 PM
I do believe that Crypto currencies will eventually take over the fiats later on down the road. It is evident that this will occur one way or another with some many people's preference being towards using it to transfer funds among different people. It is safe and secure and does not cost as much to do this. That is major factor that is driving it forward.
The banks do not get to charge the sender's a fee for using Crypto!  :D


Title: Re: Cyrpto vs Fiat
Post by: harizen on August 08, 2016, 05:57:12 PM
Personally i prefer using cypto and especially Bitcoin, instead of using fiat. Bitcoin and crypto currencies have a lot of powerful features making it a lot better than the other currencies.

May I know how you are dealing with the physical transactions there in your location if you preferred mostly on bitcoin?

Also, can you briefly explain that "lot better"?


Title: Re: Cyrpto vs Fiat
Post by: satdas on August 08, 2016, 06:06:52 PM
Crypto currencies have small market if we compare to FIAT market. Shops and Banks use only FIAT. Crypto is like very small dedicated market to computer users. With time, may be banks will start to implement crypto currencies too  ;)
i think if we introduce it to our friends relative neighbor and other people, they will take interest in t and will start using it, the shopkeepers will also understand the importance of bitcoin and they will start accepting bitcoin in their ships, but we need a little hared work for convincing the people.


Title: Re: Cyrpto vs Fiat
Post by: KingdomHearts on August 08, 2016, 10:18:51 PM
Recently i mainly using fiat because there is in my accept fiat in shop and other restaurant and if crypto currency like bitcoin replace to fiat then i will be use crypto currency than fiat and i am sure we will be use crypto currency for direct shopping in the near future.


Title: Re: Cyrpto vs Fiat
Post by: pogress on August 09, 2016, 12:13:12 AM
If you sending fiat between country let say from Singapore to Netherland, you need quite high fee to paid.
The story will be different if you're using bitcoin ( crypto ) which is faster and the cheapest among fiat !

Using Bitcoin for remitance has a lot of potential. One of the downsides when converting to and from Bitcoin at exchanges is the complicated process of verification. I personally dont believe my ID scan wont leak if their databases get hacked, thats why I dont use the exchanges. I use localbitcoins instead, but the disadvantage is its more expensive.


Title: Re: Cyrpto vs Fiat
Post by: JeffBrad12 on August 09, 2016, 12:41:05 AM
Until this time, I feeling surprised because is always there a people is still discussing this problem. basically is not realistic they live in different world and different mastery they will get but in my minds, it's like a miracle for the one wanna to dominate the another.  ???


Title: Re: Cyrpto vs Fiat
Post by: diodio5 on August 09, 2016, 01:30:27 AM
Crypto currencies have small market if we compare to FIAT market. Shops and Banks use only FIAT. Crypto is like very small dedicated market to computer users. With time, may be banks will start to implement crypto currencies too  ;)
yeah when compared with the market fiat course crypto market will be smaller. you can compare how big a market for the exchange rate for each local currency in the whole country? I think crypto is still very small. we can not compare it with fiat dude


Title: Re: Cyrpto vs Fiat
Post by: Achargeturry78 on August 09, 2016, 01:38:12 AM
for me and i don't think in my country men are where the same techniques i only use cryptocurrency to gamble or to make trade into another coin where i can grow my bitcoins by exchange them or to sell them i also use bitcoin/cyrpto to invest in some website where i can trust my bitcoin with and then if my bitcoin grow i hold it until i need it to buy fiat where it can help me on my daily living or i buy items that more useful to me example foods new clothes etc.


Title: Re: Cyrpto vs Fiat
Post by: madwica on August 09, 2016, 02:11:52 AM
for me and i don't think in my country men are where the same techniques i only use cryptocurrency to gamble or to make trade into another coin where i can grow my bitcoins by exchange them or to sell them i also use bitcoin/cyrpto to invest in some website where i can trust my bitcoin with and then if my bitcoin grow i hold it until i need it to buy fiat where it can help me on my daily living or i buy items that more useful to me example foods new clothes etc.
That is the usual thing to do in bitcoin or crypto currency investing, trading and gamble but in the end it will be exchange it to fiat and that OP's title i think that is wrong to have versus i think it would be advantages of crypto currency to fiat or vise versa.


Title: Re: Cyrpto vs Fiat
Post by: justdimin on August 09, 2016, 07:47:07 PM
The biggest win of crypto versus fiat is that crypto is global, fiat is local.
You have dollars, sterling, euro and MANY more fiats that you have in your country and it is really difficult to take it
outside of your country, has a lot of fees. With crypto you need not any forex exchange and you can carry it instantly around the world anywhere you want without any fee and you can send it to anyone around the world without any additional fee.


Title: Re: Cyrpto vs Fiat
Post by: entrepmind23 on August 13, 2016, 08:31:11 AM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

In cryptocurrency,you can access it anywhere you go and you can send payment to someone even if it is a large amount and no one will ask for any supporting documents from you to explain why that big amount and for what purpose and the transaction is quite fast like it would take minutes for the amount to be sent while in fiat, when you try to send someone a significant amount you need supporting documents and identification to push through with the transaction and it may take days or weeks just to send the amount.

You can send someone money with a lesser transaction fee compared to using fiat when you have to send it through money exchange which has bigger charges and may take a chunk of the amount you intend to send.

I think the disdvantage of cryptocurrency against fiat is that cryptocurrency cannot be use in buying items like the daily needs in a supermarket or in any other shops that did not adopt cryptocurrency yet as payment option because fiat is still the one widely used by people.


Title: Re: Cyrpto vs Fiat
Post by: Herbert2020 on August 13, 2016, 08:57:31 AM
The biggest win of crypto versus fiat is that crypto is global, fiat is local.
You have dollars, sterling, euro and MANY more fiats that you have in your country and it is really difficult to take it
outside of your country, has a lot of fees. With crypto you need not any forex exchange and you can carry it instantly around the world anywhere you want without any fee and you can send it to anyone around the world without any additional fee.

the problem with cryptocurrencies is the adoption of them, which has not yet fully happened. so it doesn't matter if you have the ability to use them anywhere when there is no place to spend your coins directly when you can do it with USD.
but i hope in the future this changes and we can see more places start accepting bitcoin.


Title: Re: Cyrpto vs Fiat
Post by: X-ray on August 13, 2016, 09:18:50 AM
The biggest win of crypto versus fiat is that crypto is global, fiat is local.
You have dollars, sterling, euro and MANY more fiats that you have in your country and it is really difficult to take it
outside of your country, has a lot of fees. With crypto you need not any forex exchange and you can carry it instantly around the world anywhere you want without any fee and you can send it to anyone around the world without any additional fee.

the problem with cryptocurrencies is the adoption of them, which has not yet fully happened. so it doesn't matter if you have the ability to use them anywhere when there is no place to spend your coins directly when you can do it with USD.
but i hope in the future this changes and we can see more places start accepting bitcoin.
i can say the bitcoin adoption depending on how much people which is advanced on technology,and fortunately the amount of those people is increasing year and year,so it's actually about the time,when everyone uses technology,bitcoin will be automatically popular


Title: Re: Cyrpto vs Fiat
Post by: shinratensei_ on August 13, 2016, 10:50:58 AM
The biggest win of crypto versus fiat is that crypto is global, fiat is local.
You have dollars, sterling, euro and MANY more fiats that you have in your country and it is really difficult to take it
outside of your country, has a lot of fees. With crypto you need not any forex exchange and you can carry it instantly around the world anywhere you want without any fee and you can send it to anyone around the world without any additional fee.

the problem with cryptocurrencies is the adoption of them, which has not yet fully happened. so it doesn't matter if you have the ability to use them anywhere when there is no place to spend your coins directly when you can do it with USD.
but i hope in the future this changes and we can see more places start accepting bitcoin.
i can say the bitcoin adoption depending on how much people which is advanced on technology,and fortunately the amount of those people is increasing year and year,so it's actually about the time,when everyone uses technology,bitcoin will be automatically popular
That's right, because in this time easy to access the technology and I sure the total of people is become advanced in technology will increase and there are a many person is adopt bitcoin, but maybe not for some region is not having an enough facility to access the technology.


Title: Re: Cyrpto vs Fiat
Post by: pereira4 on August 13, 2016, 01:04:48 PM
The biggest win of crypto versus fiat is that crypto is global, fiat is local.
You have dollars, sterling, euro and MANY more fiats that you have in your country and it is really difficult to take it
outside of your country, has a lot of fees. With crypto you need not any forex exchange and you can carry it instantly around the world anywhere you want without any fee and you can send it to anyone around the world without any additional fee.
Indeed, anyone can now start trading without any permission needed. Trading and in general having a bank is a luxury that a smart % of population can afford. Bitcoin is a real gamechanger that can bank 4 billion people, and by then 1 coin will be worth millions of inflation-adjusted dollars.


Title: Re: Cyrpto vs Fiat
Post by: chixka000 on August 13, 2016, 05:09:30 PM
For now we can't consider bitcoin yet to be in the same level of fiat or i think it would never happens. But comeon bitcoin allows you to transfer fiat to your love ones in somewhere else in the world with no fees.


Title: Re: Cyrpto vs Fiat
Post by: Leonard2016 on August 13, 2016, 05:12:40 PM
The biggest win of crypto versus fiat is that crypto is global, fiat is local.
You have dollars, sterling, euro and MANY more fiats that you have in your country and it is really difficult to take it
outside of your country, has a lot of fees. With crypto you need not any forex exchange and you can carry it instantly around the world anywhere you want without any fee and you can send it to anyone around the world without any additional fee.
Indeed, anyone can now start trading without any permission needed. Trading and in general having a bank is a luxury that a smart % of population can afford. Bitcoin is a real gamechanger that can bank 4 billion people, and by then 1 coin will be worth millions of inflation-adjusted dollars.

that is actually a problem with this way it works because now anybody can trade crypto currencies even with no prior knowledge. and this lack of knowledge makes it easy to others to dump their coins on these people who buy into their pumps.


Title: Re: Cyrpto vs Fiat
Post by: BitcoinPC on August 13, 2016, 05:58:49 PM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

For example, if you have fiat money, and you wanna do some investment or trading and any other way but main thing is that you want to utilize your fiat currency, where you get profit monthly or day base, So crypto currency is helpful for those people who know about it, like you and me, so we start investment into crypto currency like bitcoin from fiat money and earn the profit routine vise.       


Title: Re: Cyrpto vs Fiat
Post by: eddyubachs on August 13, 2016, 06:35:15 PM
For now we can't consider bitcoin yet to be in the same level of fiat or i think it would never happens. But comeon bitcoin allows you to transfer fiat to your love ones in somewhere else in the world with no fees.

There is a fee but its very minimum in compare to banks and other payment systems, but a moment fiat is more popular and much more in demand in compare to bitcoins as bitcoin is still very new to many people.


Title: Re: Cyrpto vs Fiat
Post by: SmartIphone on August 13, 2016, 07:01:04 PM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

Each of them fiat and crypto has its own place in our lifes, sometimes it is better to make payments on bitcoin rather on fiat because of the time that takes but also the fees which are much lower on bitcoin.
If you need to pay in fiat through credit card then it is a good way to use paypal to cover the card details and more secure.


Title: Re: Cyrpto vs Fiat
Post by: raphma on August 14, 2016, 02:45:03 AM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)
no no, only one thousands of times.


Title: Re: Cyrpto vs Fiat
Post by: bitcoinmasterlord on August 14, 2016, 02:58:49 AM
For now we can't consider bitcoin yet to be in the same level of fiat or i think it would never happens. But comeon bitcoin allows you to transfer fiat to your love ones in somewhere else in the world with no fees.

There is a fee but its very minimum in compare to banks and other payment systems, but a moment fiat is more popular and much more in demand in compare to bitcoins as bitcoin is still very new to many people.

Bitcoins are not just only new to many people but mainly used in gambling, porn and some dark market dealings, and it is not much popular in mainstream business. So it takes quite a long time to go to the mainstream and until then fiat is more popular. As of now If I need to use to buy something in my country online then I need to first convert bitcoins to fiat then only I can do online purchases.


Title: Re: Cyrpto vs Fiat
Post by: harizen on August 14, 2016, 03:01:19 AM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

Each of them fiat and crypto has its own place in our lifes, sometimes it is better to make payments on bitcoin rather on fiat because of the time that takes but also the fees which are much lower on bitcoin.
If you need to pay in fiat through credit card then it is a good way to use paypal to cover the card details and more secure.

In most of the cases, especially here in my country, in terms of fast transactions, bitcoin and fiat transfers/payments almost have no difference. I have a bank account that has an online banking which transfer is really instant, the same way I experienced in using bitcoin.

And Im sure it's present now in most of the countries as my country considered as still in third world country but it already has a services like that.


Title: Re: Cyrpto vs Fiat
Post by: pooya87 on August 14, 2016, 03:14:49 AM
For now we can't consider bitcoin yet to be in the same level of fiat or i think it would never happens. But comeon bitcoin allows you to transfer fiat to your love ones in somewhere else in the world with no fees.

There is a fee but its very minimum in compare to banks and other payment systems, but a moment fiat is more popular and much more in demand in compare to bitcoins as bitcoin is still very new to many people.

but that amount of fee is negligible if you are not doing a micro transaction.
in comparison when you send a thousand dollars using normal ways for fiat transfer you have to pay a percentage of the amount which is a very large amount depending on the method you use.
but when you use bitcoin it doesn't matter how big your amount of money is, the fee is always tiny amount.


Title: Re: Cyrpto vs Fiat
Post by: Mauser on August 14, 2016, 03:20:50 AM
For now we can't consider bitcoin yet to be in the same level of fiat or i think it would never happens. But comeon bitcoin allows you to transfer fiat to your love ones in somewhere else in the world with no fees.

There is a fee but its very minimum in compare to banks and other payment systems, but a moment fiat is more popular and much more in demand in compare to bitcoins as bitcoin is still very new to many people.

but that amount of fee is negligible if you are not doing a micro transaction.
in comparison when you send a thousand dollars using normal ways for fiat transfer you have to pay a percentage of the amount which is a very large amount depending on the method you use.
but when you use bitcoin it doesn't matter how big your amount of money is, the fee is always tiny amount.

Yeah the bitcoin fee for transactions is much lower than the fees you have to pay banks. Same with the  transaction time, a bank transfer takes 1-3 days depending on the countries involved. With bitcoins it takes a few minutes only.


Title: Re: Cyrpto vs Fiat
Post by: beerlover on August 14, 2016, 05:32:33 AM
The biggest win of crypto versus fiat is that crypto is global, fiat is local.
You have dollars, sterling, euro and MANY more fiats that you have in your country and it is really difficult to take it
outside of your country, has a lot of fees. With crypto you need not any forex exchange and you can carry it instantly around the world anywhere you want without any fee and you can send it to anyone around the world without any additional fee.
Indeed, anyone can now start trading without any permission needed. Trading and in general having a bank is a luxury that a smart % of population can afford. Bitcoin is a real gamechanger that can bank 4 billion people, and by then 1 coin will be worth millions of inflation-adjusted dollars.
Cryptos and fiats have their own dominance or superiorities.
In terms of usability, it's obviously fiat's since they have more usability from around the globe, like USD for example. I'm pretty this currency is used at almost all parts of the world, if not, all countries have exchangers that accepts usd.
In terms of transaction speed, it's crypto's since it's almost instant when transferring money with them and it doesn't have that much of a fee (only around 2cents more or less).


Title: Re: Cyrpto vs Fiat
Post by: noormcs5 on August 14, 2016, 05:43:17 AM
for me and i don't think in my country men are where the same techniques i only use cryptocurrency to gamble or to make trade into another coin where i can grow my bitcoins by exchange them or to sell them i also use bitcoin/cyrpto to invest in some website where i can trust my bitcoin with and then if my bitcoin grow i hold it until i need it to buy fiat where it can help me on my daily living or i buy items that more useful to me example foods new clothes etc.
That is the usual thing to do in bitcoin or crypto currency investing, trading and gamble but in the end it will be exchange it to fiat and that OP's title i think that is wrong to have versus i think it would be advantages of crypto currency to fiat or vise versa.

Cryto currency has lot of advantage over Fiat. Even if you see one aspect of trading, you have a lots of option of trading Alts. There are not much option of trading Fiat and also their prices don't change quickly to give quick profit.


Title: Re: Cyrpto vs Fiat
Post by: xIIImaL on August 14, 2016, 05:58:41 AM
for me and i don't think in my country men are where the same techniques i only use cryptocurrency to gamble or to make trade into another coin where i can grow my bitcoins by exchange them or to sell them i also use bitcoin/cyrpto to invest in some website where i can trust my bitcoin with and then if my bitcoin grow i hold it until i need it to buy fiat where it can help me on my daily living or i buy items that more useful to me example foods new clothes etc.
That is the usual thing to do in bitcoin or crypto currency investing, trading and gamble but in the end it will be exchange it to fiat and that OP's title i think that is wrong to have versus i think it would be advantages of crypto currency to fiat or vise versa.

Cryto currency has lot of advantage over Fiat. Even if you see one aspect of trading, you have a lots of option of trading Alts. There are not much option of trading Fiat and also their prices don't change quickly to give quick profit.

In trading case I will accept that because I have noticed many of the people Lost their money in fiat trading This is too high comparatively with cryptocurrency. Crypto acts as payment mode and money as well but fiat is not like that...


Title: Re: Cyrpto vs Fiat
Post by: Fatanut on August 14, 2016, 06:08:50 AM
In the offline world, you can't actually use crypto. Most people don't even know it, so fiat is still a necessity if you want to live in this world. I see no downside in fiat as it is accepted anywhere in the world.

In the online world, it's quite easy to earn crypto. It's also easy to use it. The main advantage of fiat over crypto is that you can trade it and earn profit out of just trading for a short while. The disadvantage in using crypto is that you can only use it online, if there's no internet connection, then you can't use it.


Title: Re: Cyrpto vs Fiat
Post by: chixka000 on August 14, 2016, 09:00:49 AM
For now we can't consider bitcoin yet to be in the same level of fiat or i think it would never happens. But comeon bitcoin allows you to transfer fiat to your love ones in somewhere else in the world with no fees.

There is a fee but its very minimum in compare to banks and other payment systems, but a moment fiat is more popular and much more in demand in compare to bitcoins as bitcoin is still very new to many people.

Sorry it was a mistake i am actually referring to the tax that our government is taking from us. I guess it is also the main reason why more countries does not consider bitcoin as a currency because it would hard for them to track those people who does not pay taxes


Title: Re: Cyrpto vs Fiat
Post by: SmartIphone on August 14, 2016, 09:22:30 AM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

Each of them fiat and crypto has its own place in our lifes, sometimes it is better to make payments on bitcoin rather on fiat because of the time that takes but also the fees which are much lower on bitcoin.
If you need to pay in fiat through credit card then it is a good way to use paypal to cover the card details and more secure.

In most of the cases, especially here in my country, in terms of fast transactions, bitcoin and fiat transfers/payments almost have no difference. I have a bank account that has an online banking which transfer is really instant, the same way I experienced in using bitcoin.

And Im sure it's present now in most of the countries as my country considered as still in third world country but it already has a services like that.

Maybe the transaction speed is the same or faster than bitcoin but are the fees the same or at least similar? I doubt!
Sometimes fiat is better and faster and zero fees but sometimes making international transfers it takes lots of fees and time.


Title: Re: Cyrpto vs Fiat
Post by: Sweetbtc on August 14, 2016, 09:25:32 AM
For now we can't consider bitcoin yet to be in the same level of fiat or i think it would never happens. But comeon bitcoin allows you to transfer fiat to your love ones in somewhere else in the world with no fees.

There is a fee but its very minimum in compare to banks and other payment systems, but a moment fiat is more popular and much more in demand in compare to bitcoins as bitcoin is still very new to many people.

Sorry it was a mistake i am actually referring to the tax that our government is taking from us. I guess it is also the main reason why more countries does not consider bitcoin as a currency because it would hard for them to track those people who does not pay taxes

I think crypto currecny is far better than Fiat due to the  features like no taxes etc


Title: Re: Cyrpto vs Fiat
Post by: Mauser on August 14, 2016, 09:27:01 AM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

Each of them fiat and crypto has its own place in our lifes, sometimes it is better to make payments on bitcoin rather on fiat because of the time that takes but also the fees which are much lower on bitcoin.
If you need to pay in fiat through credit card then it is a good way to use paypal to cover the card details and more secure.

In most of the cases, especially here in my country, in terms of fast transactions, bitcoin and fiat transfers/payments almost have no difference. I have a bank account that has an online banking which transfer is really instant, the same way I experienced in using bitcoin.

And Im sure it's present now in most of the countries as my country considered as still in third world country but it already has a services like that.

Maybe the transaction speed is the same or faster than bitcoin but are the fees the same or at least similar? I doubt!
Sometimes fiat is better and faster and zero fees but sometimes making international transfers it takes lots of fees and time.

For my everyday Shopping I have to use Fiat as the Supermarket wont accept Bitcoins yet. For my savings I use Bitcoins.


Title: Re: Cyrpto vs Fiat
Post by: Sponsoredby15 on August 14, 2016, 09:29:23 AM
Crypto Vs. Fiat Fo me i will choose Cryptocurrency because as people here in bitcoin world we use to use bitcoin currency so that we can start investment with this currency and also we can do trading in some altcoin where we can grow our money too. In Fiat if we earn more bitcoin we always change or exchange our coin into fiat so that we can use it in our life.


Title: Re: Cyrpto vs Fiat
Post by: SmartIphone on August 14, 2016, 10:01:18 AM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

Each of them fiat and crypto has its own place in our lifes, sometimes it is better to make payments on bitcoin rather on fiat because of the time that takes but also the fees which are much lower on bitcoin.
If you need to pay in fiat through credit card then it is a good way to use paypal to cover the card details and more secure.

In most of the cases, especially here in my country, in terms of fast transactions, bitcoin and fiat transfers/payments almost have no difference. I have a bank account that has an online banking which transfer is really instant, the same way I experienced in using bitcoin.

And Im sure it's present now in most of the countries as my country considered as still in third world country but it already has a services like that.

Maybe the transaction speed is the same or faster than bitcoin but are the fees the same or at least similar? I doubt!
Sometimes fiat is better and faster and zero fees but sometimes making international transfers it takes lots of fees and time.

For my everyday Shopping I have to use Fiat as the Supermarket wont accept Bitcoins yet. For my savings I use Bitcoins.

I use fiat too for my everyday use because nobody accepts bitcoin neither heard about bitcoin anywhere but for savings it is good because If i need to I know how to spend them through bitcoin debit cards or selling in person these bitcoin.
Both fiat and bitcoin are good but are used on different places and can't never be equal.


Title: Re: Cyrpto vs Fiat
Post by: richkellj on August 14, 2016, 10:17:06 AM
The biggest win of crypto versus fiat is that crypto is global, fiat is local.
You have dollars, sterling, euro and MANY more fiats that you have in your country and it is really difficult to take it
outside of your country, has a lot of fees. With crypto you need not any forex exchange and you can carry it instantly around the world anywhere you want without any fee and you can send it to anyone around the world without any additional fee.
Yes, you’re right, fiat money is only easy to use when that’s your local currency and you’re in your country then you can do anything with your fiat money. However, when you’re out of your comfort zone, cryptocurrency will do its magic.

It’s international so you don’t have to worry about exchanging money if you go to other country and it’s tax-free so you can save a huge amount of money and get profit from it while fiat can’t.


Title: Re: Cyrpto vs Fiat
Post by: shinratensei_ on August 14, 2016, 10:57:52 AM
For now we can't consider bitcoin yet to be in the same level of fiat or i think it would never happens. But comeon bitcoin allows you to transfer fiat to your love ones in somewhere else in the world with no fees.

There is a fee but its very minimum in compare to banks and other payment systems, but a moment fiat is more popular and much more in demand in compare to bitcoins as bitcoin is still very new to many people.
Not just in a moment, maybe you're know about this, it's already a long time before bitcoin is born, fiat is already become a global payment in the world but fiat having a various form in every country but all of that is still included on the fiat type.


Title: Re: Cyrpto vs Fiat
Post by: chixka000 on August 14, 2016, 01:01:47 PM
For now we can't consider bitcoin yet to be in the same level of fiat or i think it would never happens. But comeon bitcoin allows you to transfer fiat to your love ones in somewhere else in the world with no fees.

There is a fee but its very minimum in compare to banks and other payment systems, but a moment fiat is more popular and much more in demand in compare to bitcoins as bitcoin is still very new to many people.
Not just in a moment, maybe you're know about this, it's already a long time before bitcoin is born, fiat is already become a global payment in the world but fiat having a various form in every country but all of that is still included on the fiat type.

Yes whats good about bitcoin is that we can use only one currency. But the problem is that i think bitcoin price was based on US dollars so it would of course still affect when you converted it to other country


Title: Re: Cyrpto vs Fiat
Post by: serjent05 on August 14, 2016, 05:01:47 PM
For now we can't consider bitcoin yet to be in the same level of fiat or i think it would never happens. But comeon bitcoin allows you to transfer fiat to your love ones in somewhere else in the world with no fees.

There is a fee but its very minimum in compare to banks and other payment systems, but a moment fiat is more popular and much more in demand in compare to bitcoins as bitcoin is still very new to many people.

Sorry it was a mistake i am actually referring to the tax that our government is taking from us. I guess it is also the main reason why more countries does not consider bitcoin as a currency because it would hard for them to track those people who does not pay taxes

Well that might be one of the reason why government is hesitant in recognizing bitcoin as an international currency.  But government is clever, they might not tax all people with regular taxes but they implemented this value added tax in my country where even a kid is paying tax to the government.  It is attached in goods and services and the client have to pay it.


Title: Re: Cyrpto vs Fiat
Post by: n691309 on August 14, 2016, 09:54:11 PM
Sometimes wins fiat sometimes wins crypto. For a more stable value is fiat which its value decreases or increases slowly comparing with bitcoin or other coins which the value increases or decreases very fast, check the most recent price of bitcoin and you can see how far has dropped, bitcoin is good, fast enough and cheap to use but the value is not as we want.

One Bitcoin equeals one Bitcoin no matter what price the illiquid exchanges trade the Bitcoin for. Not many people trade at these exchanges, thats why any suden activity in trade can move the price a lot (up or down). But wait longer periods and average out and the short term price moves from illiquid markets are not big issue anymore - to accomplish this you might buy or sell small sums at regular intervals regardless of price for longer interval, then you get much fairer price from this averaging. But obviously if you dont need to buy or sell, you still holding the same amount of Bitcoins (or percentage of all Bitcoins) no matter what.

One bitcoin is one bitcoin but the price does matter really too much because people would not be interested if the bitcoin price gets at two digits or lower and if the price gets higher than now then people will be more interested and will spend their fiat to convert them in fiat.


Title: Re: Cyrpto vs Fiat
Post by: Yakamoto on August 14, 2016, 11:03:02 PM
Sometimes wins fiat sometimes wins crypto. For a more stable value is fiat which its value decreases or increases slowly comparing with bitcoin or other coins which the value increases or decreases very fast, check the most recent price of bitcoin and you can see how far has dropped, bitcoin is good, fast enough and cheap to use but the value is not as we want.

One Bitcoin equeals one Bitcoin no matter what price the illiquid exchanges trade the Bitcoin for. Not many people trade at these exchanges, thats why any suden activity in trade can move the price a lot (up or down). But wait longer periods and average out and the short term price moves from illiquid markets are not big issue anymore - to accomplish this you might buy or sell small sums at regular intervals regardless of price for longer interval, then you get much fairer price from this averaging. But obviously if you dont need to buy or sell, you still holding the same amount of Bitcoins (or percentage of all Bitcoins) no matter what.

One bitcoin is one bitcoin but the price does matter really too much because people would not be interested if the bitcoin price gets at two digits or lower and if the price gets higher than now then people will be more interested and will spend their fiat to convert them in fiat.
One Bitcoin would be valued at one Bitcoin if I was able to buy the basic materials that I need for good X or Y straight from the supplier. Since that isn't a thing, we have to value Bitcoin in dollars because at some point it has to be exchanged for everyone to meet their needs. The only way that one Bitcoin could be valued as one Bitcoin would be if everyone can pay for everything they need in Bitcoin, going back to the very basic material suppliers. until that is possible, Bitcoin needs to have a dollar value associated with it.


Title: Re: Cyrpto vs Fiat
Post by: HaXX0R1337 on August 14, 2016, 11:11:09 PM
I think that crypto is always better than fiat, because if you can get to web, you are able to withdraw your money everywhere.
It is not possible with fiat, because not every bank has ATM's worldwide, or ATM services are worldwide. That is why i prefer crypto


Title: Re: Cyrpto vs Fiat
Post by: shinratensei_ on August 15, 2016, 12:18:42 AM
The biggest win of crypto versus fiat is that crypto is global, fiat is local.
You have dollars, sterling, euro and MANY more fiats that you have in your country and it is really difficult to take it
outside of your country, has a lot of fees. With crypto you need not any forex exchange and you can carry it instantly around the world anywhere you want without any fee and you can send it to anyone around the world without any additional fee.
Yes, you’re right, fiat money is only easy to use when that’s your local currency and you’re in your country then you can do anything with your fiat money. However, when you’re out of your comfort zone, cryptocurrency will do its magic.

It’s international so you don’t have to worry about exchanging money if you go to other country and it’s tax-free so you can save a huge amount of money and get profit from it while fiat can’t.
That's right cryptocurrency will be useless if I'm in my country but if I wanna to travelling in another country the cryptocurrency can become a good way because you can exchange your bitcoin into what a currency is you want. well for me to traveling in another country is better for using bitcoin.


Title: Re: Cyrpto vs Fiat
Post by: Amazon Reseller on August 15, 2016, 02:52:29 AM
Crypto always top.. Bitcoin king of crypto


Title: Re: Cyrpto vs Fiat
Post by: darklus123 on August 15, 2016, 03:16:34 AM
Bitcoin advantages;

~ Decentralization aspect.
~ Storing money outside the banking system.
~ Sending and receiving money instantly around the world where the amount doesn't matter.
~ Great currency for online payments.
~ Blockchain that can be used for various purposes.
~ Fixed coin cap.
~ Amount of coins pumped in the economy halves every 4 years.

Fiat advangates;

~ Acceptance everywhere in the world.
~ Best payment tool in the offline market.

Added to fiat advantages it is much stable than bitcoin. The stability of bitcoin price was for me the biggest problem. This is mainly the reason why other people does not accept this one yet.


Title: Re: Cyrpto vs Fiat
Post by: TGD on August 15, 2016, 04:22:20 AM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)
If your in trading I much better for you to trade with crypto than Fiat. Fiat money is stable and only small amount you will earn trade with it not like crypto the price not stable if you are skill enough you will more in buy and sell it.


Title: Re: Cyrpto vs Fiat
Post by: JeffBrad12 on August 15, 2016, 05:52:02 AM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

Each of them fiat and crypto has its own place in our lifes, sometimes it is better to make payments on bitcoin rather on fiat because of the time that takes but also the fees which are much lower on bitcoin.
If you need to pay in fiat through credit card then it is a good way to use paypal to cover the card details and more secure.

In most of the cases, especially here in my country, in terms of fast transactions, bitcoin and fiat transfers/payments almost have no difference. I have a bank account that has an online banking which transfer is really instant, the same way I experienced in using bitcoin.

And Im sure it's present now in most of the countries as my country considered as still in third world country but it already has a services like that.

Maybe the transaction speed is the same or faster than bitcoin but are the fees the same or at least similar? I doubt!
Sometimes fiat is better and faster and zero fees but sometimes making international transfers it takes lots of fees and time.
This very useless to discuss which faster in the transaction bitcoin or fiat, because the basically transaction is always same just different in their fees and the institution is providing transaction service.


Title: Re: Cyrpto vs Fiat
Post by: squatz1 on August 15, 2016, 05:53:44 AM
Well, the most simple good part of fiat currency would have to be that you can use it anywhere and everywhere in your own country. Even online you can use Fiat without a problem, the one bad thing about this is that your usage can be tracked, but this is only for stuff like bank transactions as cash can't really be traced.

Crypto is very anonymous if you follow a good some good measures and such, I personally like Crypto-Currencies as an investment and I like using it a bit more then FIAT currency online as it feels a bit nicer, no clue why though.

Yeah so theirs my take on all of that!


Title: Re: Cyrpto vs Fiat
Post by: Bitcoinpro on August 15, 2016, 06:58:15 AM
Fiat has been lifted by Crypto


Title: Re: Cyrpto vs Fiat
Post by: darklus123 on August 15, 2016, 07:12:24 AM
Fiat has been lifted by Crypto

what do you certainly mean that fiat was been lifted by crypto sir?. I dont think so but one thing is for sure it affects of course the currencies in the world but i can't consider yet that btc lifted them up


Title: Re: Cyrpto vs Fiat
Post by: naidray on August 15, 2016, 07:26:05 AM
For now we can't consider bitcoin yet to be in the same level of fiat or i think it would never happens. But comeon bitcoin allows you to transfer fiat to your love ones in somewhere else in the world with no fees.

There is a fee but its very minimum in compare to banks and other payment systems, but a moment fiat is more popular and much more in demand in compare to bitcoins as bitcoin is still very new to many people.
Not just in a moment, maybe you're know about this, it's already a long time before bitcoin is born, fiat is already become a global payment in the world but fiat having a various form in every country but all of that is still included on the fiat type.

Yes whats good about bitcoin is that we can use only one currency. But the problem is that i think bitcoin price was based on US dollars so it would of course still affect when you converted it to other country
Both have their own benefits.
Fiat is superior on it's physical usability as of present market adoption basis in the real world while cryptos is superior in the virtual world, well, that's if they are accepted in almost every site that is.
In near future, economical experts predict almost 92% world shopping will be through on the go basis. So, for digital world, crypto would be the better solution.


Title: Re: Cyrpto vs Fiat
Post by: darklus123 on August 15, 2016, 07:30:06 AM
For now we can't consider bitcoin yet to be in the same level of fiat or i think it would never happens. But comeon bitcoin allows you to transfer fiat to your love ones in somewhere else in the world with no fees.

There is a fee but its very minimum in compare to banks and other payment systems, but a moment fiat is more popular and much more in demand in compare to bitcoins as bitcoin is still very new to many people.
Not just in a moment, maybe you're know about this, it's already a long time before bitcoin is born, fiat is already become a global payment in the world but fiat having a various form in every country but all of that is still included on the fiat type.

Yes whats good about bitcoin is that we can use only one currency. But the problem is that i think bitcoin price was based on US dollars so it would of course still affect when you converted it to other country
Both have their own benefits.
Fiat is superior on it's physical usability as of present market adoption basis in the real world while cryptos is superior in the virtual world, well, that's if they are accepted in almost every site that is.
In near future, economical experts predict almost 92% world shopping will be through on the go basis. So, for digital world, crypto would be the better solution.

Since we are talking about the future yes it is really possible that most shoppings will be done by online world. But  i think still most of them is either uses paypal or visa or credit cards.


Title: Re: Cyrpto vs Fiat
Post by: setupbounds on August 15, 2016, 04:35:24 PM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)
Well both cryptocurrency and fiat money have advantages as well as disadvantages.

Let’s begins with fiat money, it’ve been exist in this world for a long long time so there is no wonder why it’s very easy to use anywhere that accept that kind of fiat money, anytime and it’s stable but there is one thing, it’s not safe to carry a bunch of money in your body than to have it secured in an online wallet.

So, now cryptocurrency would be better. Although it’s fluctuating a lot and not stabilised at any price, crypto coins is still a good choice when it comes to buying, holding, earning by many ways, etc.

To me, I choose both of them because I want to take advantage of each in real life and online world.


Title: Re: Cyrpto vs Fiat
Post by: extrabyte on August 15, 2016, 05:12:11 PM
I think that crypto is always better than fiat, because if you can get to web, you are able to withdraw your money everywhere.
It is not possible with fiat, because not every bank has ATM's worldwide, or ATM services are worldwide. That is why i prefer crypto
well, this is right that crypto is accessible all over ther world if you have your private keys and if you use online wallet, and it is pretty much great feature of crypto.
but now adays your money is also accessible and movable to all over the world no matter if everybank don't have ATM etc, there are lots of other money transfer systems are available to cashout the money all over the world.


Title: Re: Cyrpto vs Fiat
Post by: adriaymati58 on August 16, 2016, 12:06:27 PM
The comparison right now is just in principle since crypt's are just crawling on the land while fiat is the currency accepted and used worldwide, The comparison between paper and electronic money "CC and the like" would be more interesting.


Title: Re: Cyrpto vs Fiat
Post by: X-ray on August 16, 2016, 12:16:47 PM
I think that crypto is always better than fiat, because if you can get to web, you are able to withdraw your money everywhere.
It is not possible with fiat, because not every bank has ATM's worldwide, or ATM services are worldwide. That is why i prefer crypto
well, this is right that crypto is accessible all over ther world if you have your private keys and if you use online wallet, and it is pretty much great feature of crypto.
but now adays your money is also accessible and movable to all over the world no matter if everybank don't have ATM etc, there are lots of other money transfer systems are available to cashout the money all over the world.
sometimes ATM transaction doesn't allow international transaction or limit it which gives us as a user such a unpleased feels,different with bitcoin which have really low restriction on it or even spend whatever you wanted to spend,just keep in mind to pay the fee for the sake of your own transaction not for the sake of any company


Title: Re: Cyrpto vs Fiat
Post by: n691309 on August 16, 2016, 06:02:39 PM
Sometimes wins fiat sometimes wins crypto. For a more stable value is fiat which its value decreases or increases slowly comparing with bitcoin or other coins which the value increases or decreases very fast, check the most recent price of bitcoin and you can see how far has dropped, bitcoin is good, fast enough and cheap to use but the value is not as we want.

One Bitcoin equeals one Bitcoin no matter what price the illiquid exchanges trade the Bitcoin for. Not many people trade at these exchanges, thats why any suden activity in trade can move the price a lot (up or down). But wait longer periods and average out and the short term price moves from illiquid markets are not big issue anymore - to accomplish this you might buy or sell small sums at regular intervals regardless of price for longer interval, then you get much fairer price from this averaging. But obviously if you dont need to buy or sell, you still holding the same amount of Bitcoins (or percentage of all Bitcoins) no matter what.

One bitcoin is one bitcoin but the price does matter really too much because people would not be interested if the bitcoin price gets at two digits or lower and if the price gets higher than now then people will be more interested and will spend their fiat to convert them in fiat.
One Bitcoin would be valued at one Bitcoin if I was able to buy the basic materials that I need for good X or Y straight from the supplier. Since that isn't a thing, we have to value Bitcoin in dollars because at some point it has to be exchanged for everyone to meet their needs. The only way that one Bitcoin could be valued as one Bitcoin would be if everyone can pay for everything they need in Bitcoin, going back to the very basic material suppliers. until that is possible, Bitcoin needs to have a dollar value associated with it.

Bitcoin price can be ignored only if those that have bitcoin mixers then the bitcoin price does not matter too much because they operate in bitcoin and are not linked to fiat or something that is valued in fiat. Otherwise fiat has its impact to bitcoin and we can't do anything about that.


Title: Re: Cyrpto vs Fiat
Post by: angryswamp on August 16, 2016, 07:06:22 PM
Fiat has been lifted by Crypto

what do you certainly mean that fiat was been lifted by crypto sir?. I dont think so but one thing is for sure it affects of course the currencies in the world but i can't consider yet that btc lifted them up
fiat is not controlled by cryptos if he meant that but in my opinion cryptos are controlled by fiat a lot


Title: Re: Cyrpto vs Fiat
Post by: SmartIphone on August 19, 2016, 09:05:51 PM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

Each of them fiat and crypto has its own place in our lifes, sometimes it is better to make payments on bitcoin rather on fiat because of the time that takes but also the fees which are much lower on bitcoin.
If you need to pay in fiat through credit card then it is a good way to use paypal to cover the card details and more secure.

In most of the cases, especially here in my country, in terms of fast transactions, bitcoin and fiat transfers/payments almost have no difference. I have a bank account that has an online banking which transfer is really instant, the same way I experienced in using bitcoin.

And Im sure it's present now in most of the countries as my country considered as still in third world country but it already has a services like that.

Maybe the transaction speed is the same or faster than bitcoin but are the fees the same or at least similar? I doubt!
Sometimes fiat is better and faster and zero fees but sometimes making international transfers it takes lots of fees and time.
This very useless to discuss which faster in the transaction bitcoin or fiat, because the basically transaction is always same just different in their fees and the institution is providing transaction service.

Have you tried to make a transaction at weekend?
Have you ever tried to make an international transfer? Or when there are holidays?
If not then i can tell you that the transaction speed is not same comparing to crypto which is almost instant.


Title: Re: Cyrpto vs Fiat
Post by: Yakamoto on August 19, 2016, 09:10:34 PM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

Each of them fiat and crypto has its own place in our lifes, sometimes it is better to make payments on bitcoin rather on fiat because of the time that takes but also the fees which are much lower on bitcoin.
If you need to pay in fiat through credit card then it is a good way to use paypal to cover the card details and more secure.

In most of the cases, especially here in my country, in terms of fast transactions, bitcoin and fiat transfers/payments almost have no difference. I have a bank account that has an online banking which transfer is really instant, the same way I experienced in using bitcoin.

And Im sure it's present now in most of the countries as my country considered as still in third world country but it already has a services like that.

Maybe the transaction speed is the same or faster than bitcoin but are the fees the same or at least similar? I doubt!
Sometimes fiat is better and faster and zero fees but sometimes making international transfers it takes lots of fees and time.
This very useless to discuss which faster in the transaction bitcoin or fiat, because the basically transaction is always same just different in their fees and the institution is providing transaction service.

Have you tried to make a transaction at weekend?
Have you ever tried to make an international transfer? Or when there are holidays?
If not then i can tell you that the transaction speed is not same comparing to crypto which is almost instant.
Well, crypto isn't instant, but it is much faster when you compare it to what you're saying. There is definitely a considerably different rate of transaction between the two entities. Most service-based entities that offer global/international transactions are pretty poor anyways, and it takes a while for the transaction to go through even on the best of days. There simply isn't enough speed with it for it to be worth it most of the time. Bitcoin offers a considerably cheaper and faster alternative to international exchange and transfer services.


Title: Re: Cyrpto vs Fiat
Post by: SmartIphone on August 19, 2016, 11:14:37 PM
Maybe the transaction speed is the same or faster than bitcoin but are the fees the same or at least similar? I doubt!
Sometimes fiat is better and faster and zero fees but sometimes making international transfers it takes lots of fees and time.
This very useless to discuss which faster in the transaction bitcoin or fiat, because the basically transaction is always same just different in their fees and the institution is providing transaction service.

Have you tried to make a transaction at weekend?
Have you ever tried to make an international transfer? Or when there are holidays?
If not then i can tell you that the transaction speed is not same comparing to crypto which is almost instant.
Well, crypto isn't instant, but it is much faster when you compare it to what you're saying. There is definitely a considerably different rate of transaction between the two entities. Most service-based entities that offer global/international transactions are pretty poor anyways, and it takes a while for the transaction to go through even on the best of days. There simply isn't enough speed with it for it to be worth it most of the time. Bitcoin offers a considerably cheaper and faster alternative to international exchange and transfer services.

I made my word in bold style, I said "almost", if you are lucky the transaction can be confirmed within a minute.
Same goes with doge or ethereum, we don't need hours for a transaction to be confirmed, or days like the traditional bank transactions.


Title: Re: Cyrpto vs Fiat
Post by: chixka000 on August 21, 2016, 05:22:01 AM
For now we can't consider bitcoin yet to be in the same level of fiat or i think it would never happens. But comeon bitcoin allows you to transfer fiat to your love ones in somewhere else in the world with no fees.

There is a fee but its very minimum in compare to banks and other payment systems, but a moment fiat is more popular and much more in demand in compare to bitcoins as bitcoin is still very new to many people.

Sorry it was a mistake i am actually referring to the tax that our government is taking from us. I guess it is also the main reason why more countries does not consider bitcoin as a currency because it would hard for them to track those people who does not pay taxes

Well that might be one of the reason why government is hesitant in recognizing bitcoin as an international currency.  But government is clever, they might not tax all people with regular taxes but they implemented this value added tax in my country where even a kid is paying tax to the government.  It is attached in goods and services and the client have to pay it.
Yes right, if they cant get you a tax for bitcoin mining then they will find an alternative to caught your farming. I mean you can really never pay taxes while earning decent bitcoin mining but they can still find ways


Title: Re: Cyrpto vs Fiat
Post by: darklus123 on August 22, 2016, 08:10:04 AM
For now we can't consider bitcoin yet to be in the same level of fiat or i think it would never happens. But comeon bitcoin allows you to transfer fiat to your love ones in somewhere else in the world with no fees.

There is a fee but its very minimum in compare to banks and other payment systems, but a moment fiat is more popular and much more in demand in compare to bitcoins as bitcoin is still very new to many people.

Sorry it was a mistake i am actually referring to the tax that our government is taking from us. I guess it is also the main reason why more countries does not consider bitcoin as a currency because it would hard for them to track those people who does not pay taxes

Well that might be one of the reason why government is hesitant in recognizing bitcoin as an international currency.  But government is clever, they might not tax all people with regular taxes but they implemented this value added tax in my country where even a kid is paying tax to the government.  It is attached in goods and services and the client have to pay it.
Yes right, if they cant get you a tax for bitcoin mining then they will find an alternative to caught your farming. I mean you can really never pay taxes while earning decent bitcoin mining but they can still find ways

Then if thats the case. It would be much better if the government  will still not be able to control bitcoin transactions but as a citizen  it is really our responsibility  to pay for our country. Another disadvantage  of this is that bitcoin could still be used in fraud but government  do not know about it in order for them to take actions


Title: Re: Cyrpto vs Fiat
Post by: groll on August 22, 2016, 08:22:21 AM
For security reason I would choose crypto because using it is very safe and hassle free.  It would only take time to transfer and receive money with a small fee.  Unlike fiat where if you are very forgetful, you could lost it and cannot do anything about it.  But if I would buy things like groceries and food from market and restaurants I would go for fiat as it is acceptable of course since there is no restaurant here that accept bitcoin as payment.  But for paying bills I would go for crypto as it is faster and safer means of paying your bills.


Title: Re: Cyrpto vs Fiat
Post by: darklus123 on August 22, 2016, 08:29:50 AM
For now we can't consider bitcoin yet to be in the same level of fiat or i think it would never happens. But comeon bitcoin allows you to transfer fiat to your love ones in somewhere else in the world with no fees.

There is a fee but its very minimum in compare to banks and other payment systems, but a moment fiat is more popular and much more in demand in compare to bitcoins as bitcoin is still very new to many people.
Not just in a moment, maybe you're know about this, it's already a long time before bitcoin is born, fiat is already become a global payment in the world but fiat having a various form in every country but all of that is still included on the fiat type.

Yes whats good about bitcoin is that we can use only one currency. But the problem is that i think bitcoin price was based on US dollars so it would of course still affect when you converted it to other country
Both have their own benefits.
Fiat is superior on it's physical usability as of present market adoption basis in the real world while cryptos is superior in the virtual world, well, that's if they are accepted in almost every site that is.
In near future, economical experts predict almost 92% world shopping will be through on the go basis. So, for digital world, crypto would be the better solution.

Since we are talking about the future yes it is really possible that most shoppings will be done by online world. But  i think still most of them is either uses paypal or visa or credit cards.

Yes, but the thing that bitcoin users are getting bigger i hope bitcoin will be invovle soon.  Paypal credit cards and visa still both involves fiat. That is why it is still the most widely  used because they can easily identify their users


Title: Re: Cyrpto vs Fiat
Post by: Barbut on August 22, 2016, 08:41:17 AM
First to say that this kind of threads was created before, and I didn`t saw nothing new in all this comments. Bitcoin cant be compared with fiat, at least not yet. With fiat we can do many things, and we can use fiat to pay different bills, with bitcoins we can have fun on internet, and make more money, in some modern countries maybe people can do even more.
Online currencies have future, and bitcoin have potential to be much more, time will tell how much bitcoin can grow.


Title: Re: Cyrpto vs Fiat
Post by: goldcoinminer on August 22, 2016, 08:50:25 AM
Fiat will win because bitcoin is still new and it has not achieve massive adoption yet. Government impose a law on using fiat as the legal tender so it cannot be replace with bitcoin otherwise we are violating the law if the government will be mad at us. They have the power so they can do everything to protect their interest.


Title: Re: Cyrpto vs Fiat
Post by: SquallLeonhart on August 22, 2016, 09:01:23 AM
Fiat will win because bitcoin is still new and it has not achieve massive adoption yet. Government impose a law on using fiat as the legal tender so it cannot be replace with bitcoin otherwise we are violating the law if the government will be mad at us. They have the power so they can do everything to protect their interest.

Yes and Government will never support bitcoin as they cannot control  it and even people would be satisfied in using fiat as they find it convenient and easy to use.


Title: Re: Cyrpto vs Fiat
Post by: icecube45 on August 22, 2016, 09:11:51 AM
Crypto and fiat different and each have their uses. In the modern era later both were needed. If we use crypto to digital and it can be easier for us to use it online. And using fiat for daily needs.


Title: Re: Cyrpto vs Fiat
Post by: Cereberus on August 22, 2016, 11:17:41 AM
Both have their uses. I prefer more crypto because I and only I am in charge of all of my money. Whenever I like I can make a very large transfer without giving account to anyone. Its not the same when you go to the bank and they ask you all sort of things if you wanna move a large sum of money internationally or even locally sometimes. I cannot live my life without crypto that for sure but also without USD which is my currency. Crypto is better as is anonymous and it makes your life much easier.


Title: Re: Cyrpto vs Fiat
Post by: JessicaSe on August 22, 2016, 11:36:44 AM
Both have their uses. I prefer more crypto because I and only I am in charge of all of my money. Whenever I like I can make a very large transfer without giving account to anyone. Its not the same when you go to the bank and they ask you all sort of things if you wanna move a large sum of money internationally or even locally sometimes. I cannot live my life without crypto that for sure but also without USD which is my currency. Crypto is better as is anonymous and it makes your life much easier.

Crypto  is good for online transfers and for online shopping as it involves very less fess, but for buying physical things I still prefer to go with fiat as its very easy to use and it is accepted everywhere.


Title: Re: Cyrpto vs Fiat
Post by: smho_16 on August 22, 2016, 11:40:55 AM
Both have their uses. I prefer more crypto because I and only I am in charge of all of my money. Whenever I like I can make a very large transfer without giving account to anyone. Its not the same when you go to the bank and they ask you all sort of things if you wanna move a large sum of money internationally or even locally sometimes. I cannot live my life without crypto that for sure but also without USD which is my currency. Crypto is better as is anonymous and it makes your life much easier.

I agree with you that crypto is better as we can gamble and watch porn anonymously , industries which are flourishing nowadays and some even say exploding. Its no wonder 60 % of the GDP of the US comes from the red light industry. I use bitcoin for anonymous activities like the ones described above but fiat is also need for everyday spendings. I also keep the majority of my money in bitcoins for better security.


Title: Re: Cyrpto vs Fiat
Post by: gerXhonza on August 22, 2016, 11:47:01 AM
Both have their uses. I prefer more crypto because I and only I am in charge of all of my money. Whenever I like I can make a very large transfer without giving account to anyone. Its not the same when you go to the bank and they ask you all sort of things if you wanna move a large sum of money internationally or even locally sometimes. I cannot live my life without crypto that for sure but also without USD which is my currency. Crypto is better as is anonymous and it makes your life much easier.

I agree with you that crypto is better as we can gamble and watch porn anonymously , industries which are flourishing nowadays and some even say exploding. Its no wonder 60 % of the GDP of the US comes from the red light industry. I use bitcoin for anonymous activities like the ones described above but fiat is also need for everyday spendings. I also keep the majority of my money in bitcoins for better security.

Yup we need both at a moment and cannot simply depend on only one for living, as bitcoin is the best when it comes to online world, but in real world fiat is still an important part of our lives.


Title: Re: Cyrpto vs Fiat
Post by: bitdumper on August 22, 2016, 11:56:21 AM
cryptos are far better than faints in every features just faint only have a advantage on refund service because banks control all the money in the country and nobody is controlling bitcoin


Title: Re: Cyrpto vs Fiat
Post by: X-ray on August 22, 2016, 12:05:37 PM
Both have their uses. I prefer more crypto because I and only I am in charge of all of my money. Whenever I like I can make a very large transfer without giving account to anyone. Its not the same when you go to the bank and they ask you all sort of things if you wanna move a large sum of money internationally or even locally sometimes. I cannot live my life without crypto that for sure but also without USD which is my currency. Crypto is better as is anonymous and it makes your life much easier.

Crypto  is good for online transfers and for online shopping as it involves very less fess, but for buying physical things I still prefer to go with fiat as its very easy to use and it is accepted everywhere.
buying physical things can be done through online,i think you're talking about offline transaction,and to be honest bitcoin is not that effective for offline transaction but for online transaction bitcoin is number one it have very less fees and also the simplicity and not going to face the complexity of needs to upload your govt documents


Title: Re: Cyrpto vs Fiat
Post by: Oralmat on August 22, 2016, 12:12:29 PM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

Actually both are versus with each other, i mean both are valuable in their own place. Now it is a time of computer and laptop so mostly people refer to use online investment and trading. So those kind of people are prefer to bitcoins. But it doesn't mean that we ignore the fiat currency. Fiat currency is a part of our life and we use it anywhere without any problem and many people want to do business with fiat currency even they have no interest in Bitcoins and other crypto currencies.


Title: Re: Cyrpto vs Fiat
Post by: delliaerd on August 22, 2016, 12:21:06 PM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

Actually both are versus with each other, i mean both are valuable in their own place. Now it is a time of computer and laptop so mostly people refer to use online investment and trading. So those kind of people are prefer to bitcoins. But it doesn't mean that we ignore the fiat currency. Fiat currency is a part of our life and we use it anywhere without any problem and many people want to do business with fiat currency even they have no interest in Bitcoins and other crypto currencies.

i doubt that if this is time of computer and laptop era will replace fiat with cryptocurrency easily. but you are right that's all depends the personality of every people, what's they like use cryptocurrency or fiat to make a business rightly. even in my place when someone gonna start to use cryptocurrency they must exchange they fiat into cryptocurrency. i mean the conclusion is fiat still have a power and it still worthy altought cryptocurrency also.


Title: Re: Cyrpto vs Fiat
Post by: tampazeus on August 22, 2016, 12:22:18 PM
Both have their uses. I prefer more crypto because I and only I am in charge of all of my money. Whenever I like I can make a very large transfer without giving account to anyone. Its not the same when you go to the bank and they ask you all sort of things if you wanna move a large sum of money internationally or even locally sometimes. I cannot live my life without crypto that for sure but also without USD which is my currency. Crypto is better as is anonymous and it makes your life much easier.

Crypto  is good for online transfers and for online shopping as it involves very less fess, but for buying physical things I still prefer to go with fiat as its very easy to use and it is accepted everywhere.
buying physical things can be done through online,i think you're talking about offline transaction,and to be honest bitcoin is not that effective for offline transaction but for online transaction bitcoin is number one it have very less fees and also the simplicity and not going to face the complexity of needs to upload your govt documents

Yeah bitcoin is the best for online transactions and its far better in compare to credit cards too, but we also need fiat as there are some places where only fiat can take care of us.


Title: Re: Cyrpto vs Fiat
Post by: raphma on August 22, 2016, 02:14:41 PM
Both have their uses. I prefer more crypto because I and only I am in charge of all of my money. Whenever I like I can make a very large transfer without giving account to anyone. Its not the same when you go to the bank and they ask you all sort of things if you wanna move a large sum of money internationally or even locally sometimes. I cannot live my life without crypto that for sure but also without USD which is my currency. Crypto is better as is anonymous and it makes your life much easier.

Crypto  is good for online transfers and for online shopping as it involves very less fess, but for buying physical things I still prefer to go with fiat as its very easy to use and it is accepted everywhere.

this can be arranged for crypto too. bitcoin debit cards are accepted almost everywhere and with some search you can find a few good options with almost no fee's.


Title: Re: Cyrpto vs Fiat
Post by: torrentheaven on August 22, 2016, 02:17:01 PM
Both have their uses. I prefer more crypto because I and only I am in charge of all of my money. Whenever I like I can make a very large transfer without giving account to anyone. Its not the same when you go to the bank and they ask you all sort of things if you wanna move a large sum of money internationally or even locally sometimes. I cannot live my life without crypto that for sure but also without USD which is my currency. Crypto is better as is anonymous and it makes your life much easier.

Crypto  is good for online transfers and for online shopping as it involves very less fess, but for buying physical things I still prefer to go with fiat as its very easy to use and it is accepted everywhere.

this can be arranged for crypto too. bitcoin debit cards are accepted almost everywhere and with some search you can find a few good options with almost no fee's.

I tried for bitcoin debit card but fees were to high for me, I don't remember what exact fees was but I think they were charging 3.5% conversion fees which is too high for me.


Title: Re: Cyrpto vs Fiat
Post by: yubsep on August 22, 2016, 02:20:57 PM
I'm recommending crypto.. Fastest and easiest way for payment systems...
Fiat will be disappear progressively on 2050!


Title: Re: Cyrpto vs Fiat
Post by: JeffBrad12 on August 22, 2016, 02:35:45 PM
Both have their uses. I prefer more crypto because I and only I am in charge of all of my money. Whenever I like I can make a very large transfer without giving account to anyone. Its not the same when you go to the bank and they ask you all sort of things if you wanna move a large sum of money internationally or even locally sometimes. I cannot live my life without crypto that for sure but also without USD which is my currency. Crypto is better as is anonymous and it makes your life much easier.

Crypto  is good for online transfers and for online shopping as it involves very less fess, but for buying physical things I still prefer to go with fiat as its very easy to use and it is accepted everywhere.
That's right, but is still there a people is think using bitcoin for buying their physical things in this time, and that is so bad, crypto and fiat is having a different goal. fiat for supporting in real life and bitcoin supporting in digital life.


Title: Re: Cyrpto vs Fiat
Post by: dezoel on August 22, 2016, 02:36:05 PM
I'm recommending crypto.. Fastest and easiest way for payment systems...
Fiat will be disappear progressively on 2050!

May be or may be not, cannot judge what will be the exact scenario in 2050 but at a moment I think people need both of them as both hold certain distinct features from each other.


Title: Re: Cyrpto vs Fiat
Post by: setupbounds on August 22, 2016, 03:01:28 PM
Both have their uses. I prefer more crypto because I and only I am in charge of all of my money. Whenever I like I can make a very large transfer without giving account to anyone. Its not the same when you go to the bank and they ask you all sort of things if you wanna move a large sum of money internationally or even locally sometimes. I cannot live my life without crypto that for sure but also without USD which is my currency. Crypto is better as is anonymous and it makes your life much easier.

Crypto  is good for online transfers and for online shopping as it involves very less fess, but for buying physical things I still prefer to go with fiat as its very easy to use and it is accepted everywhere.
buying physical things can be done through online,i think you're talking about offline transaction,and to be honest bitcoin is not that effective for offline transaction but for online transaction bitcoin is number one it have very less fees and also the simplicity and not going to face the complexity of needs to upload your govt documents

Yeah bitcoin is the best for online transactions and its far better in compare to credit cards too, but we also need fiat as there are some places where only fiat can take care of us.
The only issue for bitcoins that makes it hard to use in the physical world is the confirmation times.
The seller and the buyer would have to wait for the transaction to be confirmed before they can officially trade/transfer the goods. If that issue is fixed, then bitcoin would leave better impact and the community would surely grow larger.


Title: Re: Cyrpto vs Fiat
Post by: mark coins on August 22, 2016, 03:04:09 PM
Both have their uses. I prefer more crypto because I and only I am in charge of all of my money. Whenever I like I can make a very large transfer without giving account to anyone. Its not the same when you go to the bank and they ask you all sort of things if you wanna move a large sum of money internationally or even locally sometimes. I cannot live my life without crypto that for sure but also without USD which is my currency. Crypto is better as is anonymous and it makes your life much easier.

Crypto  is good for online transfers and for online shopping as it involves very less fess, but for buying physical things I still prefer to go with fiat as its very easy to use and it is accepted everywhere.
buying physical things can be done through online,i think you're talking about offline transaction,and to be honest bitcoin is not that effective for offline transaction but for online transaction bitcoin is number one it have very less fees and also the simplicity and not going to face the complexity of needs to upload your govt documents

Yeah bitcoin is the best for online transactions and its far better in compare to credit cards too, but we also need fiat as there are some places where only fiat can take care of us.
The only issue for bitcoins that makes it hard to use in the physical world is the confirmation times.
The seller and the buyer would have to wait for the transaction to be confirmed before they can officially trade/transfer the goods. If that issue is fixed, then bitcoin would leave better impact and the community would surely grow larger.

Yeah delay in confirmation is an major issue as neither the merchant nor the customer will prefer to wait and if it continues then people will prefer to avoid bitcoins for buying things at physical places.


Title: Re: Cyrpto vs Fiat
Post by: Hirose UK on August 22, 2016, 03:05:11 PM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

I actually choose both of them. I earn money from crypto because the income I get is higher than income of job I can get here (teaching).

in the other side I still need fiat to buy needs because not many shops accept bitcoin as payment here in my country.

so why don't have both?  ;D


Title: Re: Cyrpto vs Fiat
Post by: greBit on August 22, 2016, 03:18:38 PM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

I actually choose both of them. I earn money from crypto because the income I get is higher than income of job I can get here (teaching).

in the other side I still need fiat to buy needs because not many shops accept bitcoin as payment here in my country.

so why don't have both?  ;D

That's right, its better to use both of them and grab the benefits from both, fiat is very convenient to use at offline stores while bitcoin can take care of online transactions.


Title: Re: Cyrpto vs Fiat
Post by: safari88 on August 22, 2016, 03:29:08 PM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

I actually choose both of them. I earn money from crypto because the income I get is higher than income of job I can get here (teaching).

in the other side I still need fiat to buy needs because not many shops accept bitcoin as payment here in my country.

so why don't have both?  ;D

That's right, its better to use both of them and grab the benefits from both, fiat is very convenient to use at offline stores while bitcoin can take care of online transactions.

if it should choose or use, it would have to use both. but for me if as an investment and grow, Cyrpto easier and more profitable.


Title: Re: Cyrpto vs Fiat
Post by: alden on August 22, 2016, 03:34:59 PM
fiat more easy to use and spend


crypto better to make profits


Title: Re: Cyrpto vs Fiat
Post by: peta4e on August 22, 2016, 04:06:00 PM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

I actually choose both of them. I earn money from crypto because the income I get is higher than income of job I can get here (teaching).

in the other side I still need fiat to buy needs because not many shops accept bitcoin as payment here in my country.

so why don't have both?  ;D

That's right, its better to use both of them and grab the benefits from both, fiat is very convenient to use at offline stores while bitcoin can take care of online transactions.

if it should choose or use, it would have to use both. but for me if as an investment and grow, Cyrpto easier and more profitable.

Yup crypto is really good as an investment as it helps in growing your investment over a  period of time and it can also give best returns in quick time.


Title: Re: Cyrpto vs Fiat
Post by: greatr on August 22, 2016, 06:04:45 PM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

I actually choose both of them. I earn money from crypto because the income I get is higher than income of job I can get here (teaching).

in the other side I still need fiat to buy needs because not many shops accept bitcoin as payment here in my country.

so why don't have both?  ;D

That's right, its better to use both of them and grab the benefits from both, fiat is very convenient to use at offline stores while bitcoin can take care of online transactions.

if it should choose or use, it would have to use both. but for me if as an investment and grow, Cyrpto easier and more profitable.

Yup crypto is really good as an investment as it helps in growing your investment over a  period of time and it can also give best returns in quick time.
i never invest into alternative cryptos to be honest, in my opinion it is better than fiat though i buy only bitcoins


Title: Re: Cyrpto vs Fiat
Post by: smho_16 on August 22, 2016, 06:07:21 PM
I'm recommending crypto.. Fastest and easiest way for payment systems...
Fiat will be disappear progressively on 2050!

You brought us to far in 2050. I don't know how old are you but in year 2050 many of us here will be very old and lucky to be alive with old considering an age of 55 and above. I see this age or retired persons spend a lot of time on traffic exchanges nowadays trying to make commissions but I hope for us is not the case. Until 2050 I hope many of us have build up an empire thanks to bitcoin as who knows what will be the price of bitcoin in the following years.


Title: Re: Cyrpto vs Fiat
Post by: upsidedown75 on August 22, 2016, 06:45:29 PM
Both have their uses. I prefer more crypto because I and only I am in charge of all of my money. Whenever I like I can make a very large transfer without giving account to anyone. Its not the same when you go to the bank and they ask you all sort of things if you wanna move a large sum of money internationally or even locally sometimes. I cannot live my life without crypto that for sure but also without USD which is my currency. Crypto is better as is anonymous and it makes your life much easier.

Crypto  is good for online transfers and for online shopping as it involves very less fess, but for buying physical things I still prefer to go with fiat as its very easy to use and it is accepted everywhere.
Yes, I have the same though as yours, both crypto and fiat money have its own advantages and disadvantages as well. For fiat, it’s easy to use it everywhere that use that kind of currency and you can do anything in real life but you can only use it for some regions because it’s locally.

And for crypto coins, it’s a little bit difficult to use it in real life but it’s very useful when it comes to online stuffs. And we can’t live without both fiat and cryptocurrencies as we take advantage both of them.


Title: Re: Cyrpto vs Fiat
Post by: fireball4 on August 22, 2016, 07:44:34 PM
For now fiat money will be dominant currency and there is no place to consider otherwise, but if crypto coins will go for the same direction like the past years I think we will see a lot of intresting things :).



Title: Re: Cyrpto vs Fiat
Post by: sana54210 on August 22, 2016, 09:10:42 PM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

I actually choose both of them. I earn money from crypto because the income I get is higher than income of job I can get here (teaching).

in the other side I still need fiat to buy needs because not many shops accept bitcoin as payment here in my country.

so why don't have both?  ;D

That's right, its better to use both of them and grab the benefits from both, fiat is very convenient to use at offline stores while bitcoin can take care of online transactions.

if it should choose or use, it would have to use both. but for me if as an investment and grow, Cyrpto easier and more profitable.

Yup crypto is really good as an investment as it helps in growing your investment over a  period of time and it can also give best returns in quick time.
It can also make you lose lots of money in a very short amount of time if prices drop for some reason, or if you are caught in a pump-and-dump. I still agree with you for the most part, but it's risky stuff, and unless you're okay with medium to high-risk stuff, I would not do it.


Title: Re: Cyrpto vs Fiat
Post by: StoreBit on August 22, 2016, 09:33:33 PM
in present time the important of fiat currency cannot be ignore, because the majority of people are using fiat currency, they even have no idea about bitcoin, although it is a fact that the new generation are interested in crypto currency and a time will come when most of the people and specially the new generation will be using crypto currency, but it still will take some time.


Title: Re: Cyrpto vs Fiat
Post by: satdas on August 22, 2016, 11:01:29 PM
recently crypto currency and fiat currency are both important for us, as in most of the areas the shopkeepers are not accepting crypto currencies and majority of the people are still using fiat therefore we cannot choose in in present time.


Title: Re: Cyrpto vs Fiat
Post by: madwica on August 23, 2016, 03:40:37 AM
Crypto currency can only used in investments and in online shopping
Fiat this is always need by the people in every day lives, because it is only accepted currency in all stores and we can used this anywhere we want.


Title: Re: Cyrpto vs Fiat
Post by: Tacalt on August 23, 2016, 03:43:57 AM
Both crypto and fiat have their place in the world as much as people would love to trick themselves into bitcoin replacing fiat in the future, that will never be the case. The two must co-exist and platforms should be developed to ease the mutual use of both currencies. Waves has the right idea, but god awful execution


Title: Re: Cyrpto vs Fiat
Post by: danherbias07 on August 23, 2016, 03:48:51 AM
Both crypto and fiat have their place in the world as much as people would love to trick themselves into bitcoin replacing fiat in the future, that will never be the case. The two must co-exist and platforms should be developed to ease the mutual use of both currencies. Waves has the right idea, but god awful execution

Yeah actually without crypto man can live now but without fiat it is really hard for one person to give himself the necessities. So this crypto currencies should be used as a means of making life more easier and convenient.


Title: Re: Cyrpto vs Fiat
Post by: groll on August 23, 2016, 04:01:01 AM
Crypto currency can only used in investments and in online shopping
Fiat this is always need by the people in every day lives, because it is only accepted currency in all stores and we can used this anywhere we want.

Exactly.  Crypto currency is such a good investment for us and actually it could be used to pay for bills here in our country.  And besides digital currency up to now were not popular to people around the globe.  Fiat is so easy to use and many people are used of it.  They will use it as they know that it really exist that it is the real thing.  Problem with crypto is some people would make it hard to believe that it can do the same thing as fiat currency.  Hope that one day people would be more familiar with crypto as it is really a hassle free currency.


Title: Re: Cyrpto vs Fiat
Post by: TraderETH on August 23, 2016, 04:07:30 AM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)
For me cryptos coins/ cryptos currencies are just for instrument of Investment, i can make active income from it although there are high risk in it ( high fluctuating of price). That is the benefit of cryptos currencies for me and The benefit of fiat are i can exchange profit of trading to fiat and make withdrawal it.


Title: Re: Cyrpto vs Fiat
Post by: Strongkored on August 23, 2016, 04:18:35 AM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)
For me cryptos coins/ cryptos currencies are just for instrument of Investment, i can make active income from it although there are high risk in it ( high fluctuating of price). That is the benefit of cryptos currencies for me and The benefit of fiat are i can exchange profit of trading to fiat and make withdrawal it.


I think cryptos coins / cryptos currencies is the same with the money that we use everyday. But because nominally has very good movement and wild then it is utilized for investment because it is very profitable. So it is better if we use it as currency to buy something and at the same time we are also investing. hehe


Title: Re: Cyrpto vs Fiat
Post by: shinratensei_ on August 23, 2016, 04:40:04 AM
For now fiat money will be dominant currency and there is no place to consider otherwise, but if crypto coins will go for the same direction like the past years I think we will see a lot of intresting things :).


Wrong, fiat is already dominant from a long time ago, I think before you're born in the world the fiat is already making their domination defeating gold. but crypto will never defeat a fiat, because that is just assisting a fiat.


Title: Re: Cyrpto vs Fiat
Post by: goldcoinminer on August 23, 2016, 05:16:16 AM
For now fiat money will be dominant currency and there is no place to consider otherwise, but if crypto coins will go for the same direction like the past years I think we will see a lot of intresting things :).


Wrong, fiat is already dominant from a long time ago, I think before you're born in the world the fiat is already making their domination defeating gold. but crypto will never defeat a fiat, because that is just assisting a fiat.
It would never defeat fiat of course because we are just a small community and fiat is widely accepted in the whole world, people are living using fiat in a daily basis and no restrictions in terms of age, gender, and status in life unlike crypto currency which are very limited in terms of users.


Title: Re: Cyrpto vs Fiat
Post by: Reid on August 23, 2016, 06:16:39 AM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

Benefit of each. Bitcoin got no fake right? There is no fake bitcoin but with fiat there have been a lot either it is a Dollar or a Euro or any other currency.

One more is the transactions. When we are sending money it got faster than sending it through fiat like a door to door company. It takes like almost a week before my money come. Good thing Western Union came and the best thing is Bitcoin where it just takes minutes for money to come.


Title: Re: Cyrpto vs Fiat
Post by: Trustme2016 on August 23, 2016, 06:23:27 AM
If I had to choose I would go for fiat. Everybody accepts it, and one dollar today will be worth about the same tomorrow. But since I can have both, I take both!


Title: Re: Cyrpto vs Fiat
Post by: Naoko on August 23, 2016, 06:32:21 AM
currently i prefer fiat coz i can't use crypto in my daily life and i don't buy digital goods for my crypto. but if in the future, local merchants accepts crypto payments i will definitely go with crypto


Title: Re: Cyrpto vs Fiat
Post by: sobsitesearch on August 23, 2016, 07:54:57 AM
currently i prefer fiat coz i can't use crypto in my daily life and i don't buy digital goods for my crypto. but if in the future, local merchants accepts crypto payments i will definitely go with crypto
All of us we need to choose fiat for every day living and we need to choose crypto if we want to invest in only like bitcoin much trusted crypto currency and it has a great value.


Title: Re: Cyrpto vs Fiat
Post by: keaderza on August 23, 2016, 12:14:00 PM
Hard to say crypto vs Fiat, Fiat is the currencies used overall in the world, Regardless of the specific currency, Crypto's are just starting to move and gaining ground, I don't think it's fair to even starting to compare both of them just yet.


Title: Re: Cyrpto vs Fiat
Post by: Kurohige on August 23, 2016, 12:17:50 PM
Hard to say crypto vs Fiat, Fiat is the currencies used overall in the world, Regardless of the specific currency, Crypto's are just starting to move and gaining ground, I don't think it's fair to even starting to compare both of them just yet.

Well those people here who just earned bitcoin in such a less effort way thinks too much to the point that their thinking is to compare crypto and fiat.

They didn't realize what will happen if bitcoin is the only financial institution alive in the globe.


Title: Re: Cyrpto vs Fiat
Post by: lister storm on August 23, 2016, 04:23:01 PM
Hard to say crypto vs Fiat, Fiat is the currencies used overall in the world, Regardless of the specific currency, Crypto's are just starting to move and gaining ground, I don't think it's fair to even starting to compare both of them just yet.
thats true, though in my opinion it is possible that cryptos will replace fiat in the upcoming future, i hope it will make their price jump


Title: Re: Cyrpto vs Fiat
Post by: Doamader on August 23, 2016, 11:41:58 PM
Hard to say crypto vs Fiat, Fiat is the currencies used overall in the world, Regardless of the specific currency, Crypto's are just starting to move and gaining ground, I don't think it's fair to even starting to compare both of them just yet.
thats true, though in my opinion it is possible that cryptos will replace fiat in the upcoming future, i hope it will make their price jump
I see crypto as the future, the way the current fiat system will moove, digital transactions, and no more printed money. The current system of fiat is very manipuladed by countries, they control all the money and if they facing problems they print more money, something they are against when bad guys tries to make the same, print money is and will be always a problem. With crypto you can set a limit of money circulating, and maybe if need put some fresh coins over years.


Title: Re: Cyrpto vs Fiat
Post by: shinratensei_ on August 24, 2016, 12:07:13 AM
Hard to say crypto vs Fiat, Fiat is the currencies used overall in the world, Regardless of the specific currency, Crypto's are just starting to move and gaining ground, I don't think it's fair to even starting to compare both of them just yet.
That's right, it's very hard to compare that and like would you wanna to compare major and minor? if there are having a different usefulness and that very completely supporting one and another.


Title: Re: Cyrpto vs Fiat
Post by: emberbekas on August 24, 2016, 12:31:40 AM
Crypto and fiat have their own purpose and therefore crypto cant replace fiat and vice versa. Todays we can use crypto as payment method for online or offline activities, but crypto still has a lack especially bitcoin, due to the confirmation time.


Title: Re: Cyrpto vs Fiat
Post by: goldcoinminer on August 24, 2016, 01:48:13 AM
Crypto and fiat have their own purpose and therefore crypto cant replace fiat and vice versa. Todays we can use crypto as payment method for online or offline activities, but crypto still has a lack especially bitcoin, due to the confirmation time.
Actually I have no problem with the confirmation in using bitcoin because I see it fast, and what matters to me is not really the confirmation but the amount of service fee I can save in using bitcoin in transaction. I am thankful I discover bitcoin and now I share it with my family to attract them to also use it.


Title: Re: Cyrpto vs Fiat
Post by: ubitcoin on August 24, 2016, 11:48:28 AM
Hard to say crypto vs Fiat, Fiat is the currencies used overall in the world, Regardless of the specific currency, Crypto's are just starting to move and gaining ground, I don't think it's fair to even starting to compare both of them just yet.

Well those people here who just earned bitcoin in such a less effort way thinks too much to the point that their thinking is to compare crypto and fiat.

They didn't realize what will happen if bitcoin is the only financial institution alive in the globe.
Crpyto and Fiat is only comparable in terms that they are both currencies. And that's just about it.
But generally, we can not simply compare crypto and fiat since with crypto, it can be considered and investment and you can not consider fiat the same way as value fluctuations are very low with them only forex kind of trading is possible with them. This must be one of the prime reason that many people are loving crypto.


Title: Re: Cyrpto vs Fiat
Post by: TastyChillySauce00 on August 24, 2016, 11:53:19 AM
Crypto and fiat have their own purpose and therefore crypto cant replace fiat and vice versa. Todays we can use crypto as payment method for online or offline activities, but crypto still has a lack especially bitcoin, due to the confirmation time.
Actually I have no problem with the confirmation in using bitcoin because I see it fast, and what matters to me is not really the confirmation but the amount of service fee I can save in using bitcoin in transaction. I am thankful I discover bitcoin and now I share it with my family to attract them to also use it.
that's probably because you're not a busy person or i can say having quite much free times so it doesn't matter to you,just imagine when something force you to having or paying things in few minutes and you need to wait the confirmation,it's sure a problem


Title: Re: Cyrpto vs Fiat
Post by: randy8777 on August 24, 2016, 11:58:15 AM
Crypto and fiat have their own purpose and therefore crypto cant replace fiat and vice versa. Todays we can use crypto as payment method for online or offline activities, but crypto still has a lack especially bitcoin, due to the confirmation time.

can you explain what exactly you mean with using crypto for offline activities? if you want to send out coins from point a to point b, then you will need an internet connection in order to push your transaction to the network.


Title: Re: Cyrpto vs Fiat
Post by: wuvdoll on August 25, 2016, 11:11:22 AM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

Actually both are versus with each other, i mean both are valuable in their own place. Now it is a time of computer and laptop so mostly people refer to use online investment and trading. So those kind of people are prefer to bitcoins. But it doesn't mean that we ignore the fiat currency. Fiat currency is a part of our life and we use it anywhere without any problem and many people want to do business with fiat currency even they have no interest in Bitcoins and other crypto currencies.
You are absolutely right, both fiat and crypto coins have their own advantages in their own world. We can not live without fiat money as we use it everyday and everywhere to keep us alive and it has become a major and important part of our life.

However, cryptocurrencies have a lot of uses and the potential of these kind of money is pretty high so it has become more and more popular and to some people, it’s their main income.


Title: Re: Cyrpto vs Fiat
Post by: Reid on August 26, 2016, 03:00:27 PM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  :)

Actually both are versus with each other, i mean both are valuable in their own place. Now it is a time of computer and laptop so mostly people refer to use online investment and trading. So those kind of people are prefer to bitcoins. But it doesn't mean that we ignore the fiat currency. Fiat currency is a part of our life and we use it anywhere without any problem and many people want to do business with fiat currency even they have no interest in Bitcoins and other crypto currencies.
You are absolutely right, both fiat and crypto coins have their own advantages in their own world. We can not live without fiat money as we use it everyday and everywhere to keep us alive and it has become a major and important part of our life.

However, cryptocurrencies have a lot of uses and the potential of these kind of money is pretty high so it has become more and more popular and to some people, it’s their main income.

I read stories about that too here in this forum. Making a living with crypto currencies. I dont know much how they do that but I think it is with trading and some with mining. I saw a picture of a guy with all his mining equipment and I think it is way too expensive. So in mining, it takes a lot of capital before getting all that back and future profits. I would rather stick with trading.   ;D


Title: Re: Cyrpto vs Fiat
Post by: eternalgloom on August 26, 2016, 03:22:40 PM
Hard to say crypto vs Fiat, Fiat is the currencies used overall in the world, Regardless of the specific currency, Crypto's are just starting to move and gaining ground, I don't think it's fair to even starting to compare both of them just yet.

Well those people here who just earned bitcoin in such a less effort way thinks too much to the point that their thinking is to compare crypto and fiat.

They didn't realize what will happen if bitcoin is the only financial institution alive in the globe.
Crpyto and Fiat is only comparable in terms that they are both currencies. And that's just about it.
But generally, we can not simply compare crypto and fiat since with crypto, it can be considered and investment and you can not consider fiat the same way as value fluctuations are very low with them only forex kind of trading is possible with them. This must be one of the prime reason that many people are loving crypto.
You can't know for sure that that's the prime reason that people love crypto, those price fluctiations could be quite detrimental to anyone trying to run a business and accepting crypto.
People love crypto for different reasons, and without looking at proper research, it's impossible to know what the majority really thinks.


Title: Re: Cyrpto vs Fiat
Post by: jvper on August 26, 2016, 04:07:31 PM
Today, fiat are generally accepted, while cryptos are not. On the other hand, cryptos have some good properties as well, so they are not perfect substitutes.


Title: Re: Cyrpto vs Fiat
Post by: bitlancr on August 26, 2016, 04:10:48 PM
Today, fiat are generally accepted, while cryptos are not. On the other hand, cryptos have some good properties as well, so they are not perfect substitutes.

Fiat was/is accepted since it was forced unto (luckily) by government. Any other currency needs selling points. And bitcoin has plenty of them. It's faster and cheaper to use.
What must be said though, marketing wise a step must be made.


Title: Re: Cyrpto vs Fiat
Post by: krishna1 on August 26, 2016, 04:37:46 PM
I like bitcoin technology and blockchain too but that does not means that i hate faint.i hate to say but faints are worth equally as bitcoin just these things have diffrwnt characters and properties and ofcourse diffrent values/prices


Title: Re: Cyrpto vs Fiat
Post by: marketone on August 26, 2016, 04:42:01 PM
I like crypto because of the technology behind it, and because fiat is well....

just flat! :D


Title: Re: Cyrpto vs Fiat
Post by: undef1ned on August 26, 2016, 04:46:32 PM
Bitcoin advantages are:

Decentralized
Storing money outside banks
Sending money in a matter of seconds
Really small fees
Great currency for online payments
Blockchain that can be used for various purposes

Fiat advantages are:

Acceptance everywhere in the world.
Best payment tool in the offline market


Title: Re: Cyrpto vs Fiat
Post by: StarofBTC on August 26, 2016, 04:54:46 PM
Hard to say crypto vs Fiat, Fiat is the currencies used overall in the world, Regardless of the specific currency, Crypto's are just starting to move and gaining ground, I don't think it's fair to even starting to compare both of them just yet.
well . crypto is to much new camparing to fiat so there is no fair campareness between fiat and crypto as you said. but fiat is increasing very fast and after seeing the growth of fiat I can se it will cover the whole web industry one day.


Title: Re: Cyrpto vs Fiat
Post by: twerdefnce on August 26, 2016, 07:03:38 PM
Hard to say crypto vs Fiat, Fiat is the currencies used overall in the world, Regardless of the specific currency, Crypto's are just starting to move and gaining ground, I don't think it's fair to even starting to compare both of them just yet.
well yeah but we can easily say that crypto is a way better currencies that fiat, i hope that fiat is going to extinct in the future


Title: Re: Cyrpto vs Fiat
Post by: calkob on August 26, 2016, 09:59:11 PM
Fiat =  accepted everywhere

bitcoin = proper money



 ;D ;D ;D


Title: Re: Cyrpto vs Fiat
Post by: richardsNY on August 26, 2016, 10:09:33 PM
Bitcoin advantages are:

Decentralized
Storing money outside banks
Sending money in a matter of seconds
Really small fees
Great currency for online payments
Blockchain that can be used for various purposes

Fiat advantages are:

Acceptance everywhere in the world.
Best payment tool in the offline market

Offline payments are an advantage that fiat has over Bitcoin that is the only feature Bitcoin can't mess with or overtake. That being said, cash money is being used less and less as people use their smartphone and bank card with NFC to pay for things. This is a market where Bitcoin can land in and start being something of importance.


Title: Re: Cyrpto vs Fiat
Post by: lavapits on August 26, 2016, 10:17:05 PM
Fiat =  accepted everywhere

bitcoin = proper money



 ;D ;D ;D
thats the sad truth, in my opinion crypto should be growing a lot in the near future at least i hope for it right now


Title: Re: Cyrpto vs Fiat
Post by: JeffBrad12 on August 26, 2016, 11:55:20 PM
Bitcoin advantages are:

Decentralized
Storing money outside banks
Sending money in a matter of seconds
Really small fees
Great currency for online payments
Blockchain that can be used for various purposes

Fiat advantages are:

Acceptance everywhere in the world.
Best payment tool in the offline market
Maybe you're forgetting about this fiat is having a legalization from government and the value of fiat is always permanently. but I think it's very irrelevant to comparing fiat with BTC and fiat and BTC is made with different interest.


Title: Re: Cyrpto vs Fiat
Post by: delliaerd on August 27, 2016, 03:52:42 AM
Fiat =  accepted everywhere

bitcoin = proper money



 ;D ;D ;D

It is not false, not every store accept bitcoin more over other Cryptocurrency. But different with fiat. Fiat is accepted everywhere . Besides that both of them have another purpose.


Title: Re: Cyrpto vs Fiat
Post by: SANALIU on August 27, 2016, 04:04:10 AM
crypto coin (bitcoin altcoin) vs fiat money digital curency (paypal perfectmoney slolidtrustpay okpay and more)

i think is very good crypto coin, crypto coin low fee send very easy use nothing verifiedn, fiat money digital curency high fee send
cryptco coin bitcoin gan growth your money can use trading fiat money di gital curency can't growht

is mean op fiat money is real money is can't compare
fiat money can use accepted in pay all store offline bitcoin only online
fiat money regulated and use all people this country, bitcoin only use make money online


Title: Re: Cyrpto vs Fiat
Post by: universe_ on August 27, 2016, 07:40:26 PM
Fiat =  accepted everywhere

bitcoin = proper money



 ;D ;D ;D
you are right thats why it is so easy to use it at the moment, in my opinion bitcoin still has a really long time to go and in my opinion it might soon replace bitcoins