Bitcoin Forum

I know about crypto and everything in general but I am having difficulty to understand one thing about it. Why crypto or bitcoin is better than money ?

I mean I know the block chain technology is revolutionary and it has many benefits, it is being used by all crypto. Money is used to buy goods and services and there are very less businesses accepting crypto and still the prices are rocket High.

This Crypto trend looks more like share market company evaluation rather a legitimate currency. Moreover all government have there own currency, goverment cannot let that sink and can ban these. Can someone explain to me the value of Crypto as a currency when compared to real money ?

First of all there is a big different between crypto (or more accurately cryptocurrency in general) and bitcoin.
What you see in cryptocurrency market (ie. thousands of altcoins) is a hyped up penny stocks market where they sell vaporware to anyone who is willing to gamble on their low prices for a big pump to make a huge profit in the shortest amount of time possible.

Bitcoin on the other hand introduced a unique concept to the meaning of "money". A concept that always had unlimited supply, was controlled and printed by the government and was centralized suddenly got expanded. Now money can have limited supply, doesn't have to be inflationary, can be decentralized and censorship resistant, can be safe and fast.
I don't like comparing things in black and white so I won't say if bitcoin is better than fiat or not. Bitcoin is a good currency, it does what it was designed to do and that's the important thing.

Bitcoin works quite differently from traditional payment means like fiat and as such its value is also determined differently. True, much less businesses are accepting Bitcoin (although the number is increasing) but its value is determined by the algorithm it is built on and the block chain technology, some of these qualities are listed in the above quote.

Again, Bitcoin isn't competing with fiat currencies, both can easily co exist in a system to serve different purposes.

I think Crypto have more better than money.
one of the advantages is that transactions are faster than real money. Then the administrative costs are cheaper and even almost nonexistent. And maybe many more.

1. Bitcoin's supply cant be messed up by the government or central banks
2. True ownership — Authorities can't lock you out of your money (possible with banks and centralized payment platforms)
3. Pseudonymous — no one can find out how much money you have unless you intentionally/accidentally make privacy-related mistakes
4. Bitcoin's price is high because of the low and capped supply

For me it is better to traditional money (Fiat) because we could easily send it to anywhere we want.
We could also gain more in crypto rather than in Fiat in terms of holding both of them.
And last reason for me is it is easier to invest in crypto rather than Fiat.

The good thing about cryptocurrency is that you have the freedom on your own money, there is no need any authority when doing things on your crypto because there is no third party on it. It is not that I am not underrating crypto but fiat currency is also useful as well, actually both crypto and fiat currency are good with good purposes, these are the things that I can say good for both currency, based on how I use them.
Fiat currency is good for these things:
- easy access, you have it in your bare hands
- good for daily expenses
Cryptocurrency is good for these things:
- Investment is one of the best things about cryptocurrency for me
- Transferring of money.

In my personal opinion the current development of Crypto cannot shift conventional currencies because people will still be looking for safety by investing conventionally in terms of an unchanging nominal security. However, it is possible that in the future there will be a shift in digital currencies. Remember this Crypto can change, the price fluctuates significantly. But overall, Crypto has many advantages, one of which is making long-term investments.

Bitcoin's max supply is limited which makes it much more valuable than fiat money. Because there is no such thing for fiat money. And Blockchain technology is much safer as it is decentralized. It is much harder for anyone to interfere with transactions etc. .

Bitcoin certainly has its advantages over fiat currencies, although that doesn't make it better. Bitcoin unfortunately only really appeals to a certain demographic, most people don't actually care that the money system is somewhat flawed. They don't care that they have to rely on third parties in almost every instance, to use their money. Think how the majority spend their money, it comes from a bank, which has control over your money more than you actually have control. If that bank was to go bankrupt, or stolen from your only covered up to a certain amount if you live in countries which put that protection in place.

Bitcoin's key element to me is you don't have to rely on the third party to manage your money, and can effectively be your own bank. Now, that's not going to appeal to everyone because it means more responsibility, and some people would prefer to not be in charge of their own money. That's actually probably a wise decision for a lot of people, as they don't understand security practices, and don't have the desire to learn. Their job likely pays in fiat currencies, and all the shops that they will ever visit will accept their card regardless where they are in the world. Fiat currencies are convenient, while Bitcoin still remains a somewhat chore to use as a currency.

Although, Bitcoin is also quite young compared to its competitors, and there's definitely still a process of evolution in place. Fiat currencies have unfortunately not evolved much over the years, and largely remain the same.

For me, BTC is on a whole different level in comparison with legitimate money used in other countries and not really a currency but rather an asset that could be exchanged in a different currency. It uses blockchain technology wherein there's no need for 3rd party when it comes to transactions but you need to pay for transaction fees. So there's no point to compare it with traditional money  since both serve a specific purposes and has different advantages.

It may sound biased and arrogant but I think the reason that bitcoin is better than fiat(traditional) money is that it helps you grow wealth and give you financial freedom. That's like the biggest reason for me as to why bitcoin is better than fiat money.

Among the most important functions Bitcoin has is its strong hedge against loose and irresponsible monetary policy by governments. Bitcoin comes with the strongest capital mobility of all assets in the world. Nothing is as mobile and divisible as Bitcoin is. You need your seed phrase, in a worst (/ best?) case scenario you know it by heart and could go anywhere in the world without anyone even noticing or being able to trace you and your wealth down.

Indeed, Bitcoin doesn't compete with fiat currencies in the classic sense and functionalities that we understand fiat money to be good for.

Many misinterpret this "true ownership". Just because they bought crypto in like centralized or custodial wallet, they think that they're safe already and don't need to worry about authorities locking them up while they're even doing KYC requirements just to use the services that their wallet offers. Ironic for some people sometimes. ::)

If you're looking at it just like the typical money that we've got and if you have someone offshore to receive your money, you need a third party or the bank themselves to help you out send that money on the other side of the world. But with crypto, bitcoin as a perfect example, you don't need any of them because you can do it on your own and send that bitcoin wherever is the sender. You can do it easily and there's no complicated matter by doing it even if you're a newbie. And on the other side, bitcoin itself is being loved because it's becoming a store of value aside from being a currency.

This topic has often been discussed here and the conclusion that has been met is that they both have their importance and uses, that is matching different scenarios, bitcoin may be better to transact with, while in some other scenerio, traditional money still holds the advantage.

The can both coexist peacefully.

If you take a "deep look" at crypto, you'll notice that it's far superior to traditional money (aka Fiat). For instance, you can send money across borders at a fraction of the cost of a wire transfer. Not only that, but no one can confiscate (depending on the situation, of course) or freeze your crypto funds. You and only you are the sole owner of your crypto. This means that crypto is outside the reach of central banks and governments alike. In times of turmoil, you can count on finite cryptocurrencies (like Bitcoin and Litecoin) for long-term wealth preservation. Bitcoin makes a good store of value with a limited supply of 21 million coins. Its decentralized and censorship-resistant design makes it "sound money" for the whole world to enjoy.

Of course, crypto is not perfect the same way traditional money isn't. Unstable prices, higher susceptibility to hacks/theft/fraud, and even lack of merchant acceptance, makes crypto an unattractive form of money for day-to-day payments. Fiat is a winner in this regard, because it's stable and widely-adopted by merchants and businesses alike. Whichever form of money you'll choose, that's entirely up to you. Just my thoughts ;D

If you were to choose between the two though, which one is going to be better? Yes, that's the objective of cryptocurrency, to coexist but OP is asking why cryptocurrency is better than fiat. To me, I believe the reason that I think that bitcoin is better than fiat is because it shields us from in inflation and the value of it only goes up over time.

Hello sir, I understand what you are asking, I also understand how crypto / bitcoin has been running so far, so sir crypto / bitcoin is not comparable to the value of paper currency today because crypto is a digital asset, crypto is not just currency value Cryptocurrency here has an asset, so crypto has no valid value, so in my opinion, cypto is not just a currency but more than that.

Bitcoin or cryptocurrency is not better than money because it is money itself. You probably mean Bitcoin is a better money. In such a comparison, it is better than fiat. But that is only limited to certain aspects. Bitcoin, for example, cannot be oversupplied to the people so much so that it would become of less value. On the other hand, fiat is also better than Bitcoin in certain areas. For example, spending a couple of dollars on a burger is instant and does not have to be online, requires a soft wallet, a phone, etc.

Both have so much value in their own respect. One is not going to totally replace the other. Rather, one is to reinforce the other where it is weak. So there will probably be more of a coexistence rather than replacement.

Bitcoin is better than traditional money because it is anonymous and decentralized. But this will not think that in the future Bitcoin or Crypto will replace Fiat. I think both will grow in parallel. We still need traditional money to use for daily needs and Bitcoin not everyone knows how to use and store them.

Is Bitcoin better than traditional money?Yes and no.
Yes,because Bitcoin is a way better store of value,compared with fiat money.
No,because Bitcoin is very volatile and almost nobody uses it to buy goods and services.
Perhaps the flaws of Bitcoin will be removed in the near future.


Bitcoin is NOT anonymous(unless you use a good BTC mixer).Bitcoin is pseudonymous-All the transactions are transparent and can be tracked on the blockchain,but we don't always know who the BTC wallet owners actually are.

Bitcoin and traditional money will have advantages and disadvantages, and we do not have to compare each other. Bitcoin and fiat money can help our life become better than before and if bitcoin and fiat money can work together, we will have better finances. We can use fiat money in our real and online life while we can have new ways to have a new investment besides previous investment. It is better if we can use the advantages of bitcoin and traditional money for our life.

Bitcoin is like a big Lottery,

the best strategy is to put money in it and hodl BTC.

FIAT:  The Best example is the Ferrari 250 GTO Berlinetta,
This car was produced for only 18.000,- USD back in 1963.
Today this car cost's about 62.000.000,- USD.
See what money inflation and growth did over the years + the rarity of this car.

Bitcoin: Let's say you bought 10 BTC 2015 for 5.000,- USD and hodling it until now,
Today you could afford a Porsche 911 Turbo for 5 BTC net worth 243.788,- €.
That's because Bitcoin is rare, people put money in it and miners investing in infrastructure to guarantee secure.

See, it's a good lottery, where everyone in the ecosystem benefits.

Firstly, there is a distinction between bitcoin and crypto. Although, bitcoin is a cryptocurrency, it is different from the many other cryptocurrencies that we have that don't have actual value.
Bitcoin has real value and can be compared to the fiat or traditional currency.  I'm sure you know all the benefits bitcoin has over fiat currencies so I won't highlight them here. One thing however that you should know is that bitcoin can be used as an investment asset. Just by simply buying and hodling for some time, you can make quite a lot of money.
Secondly, bitcoin is now being accepted as a currency by some companies. Now there are a lot of stuffs you can buy with bitcoin. You should know that the major advantage bitcoin has over fiat currency is that it provides anonymity and saves one from high transaction fees

Bitcoin is not fully better than traditional money. Because it has too much volatility and it is the same for the rest of the cryptocurrencies also. But Bitcoin has much more value than fiat as there is not an unlimited supply of Bitcoin. On the other hand, governments continue to print fiat money and that causes its value to drop down more.

What is the real value that you are talking about? Value is a derivative of peoples' collective attribution. Bitcoin has value because we currently believe Bitcoin might fill a certain gap that we want to be filled in our economy or even social system. Also it is not that everyone gives it value for ideological or rational reasons, but just want to become rich quick. Real value is a philosophical term that could go back to intrinsic value and that is a widely discussed topic and especially in the context of Bitcoin a complex one that may never come to an end.

Fiat money vs bitcoin as ceyptocurrency has both advantage. When it comes to convenient way of sending transactions, no hassle or np third party involved then bitcoin as payment is good to use. But then not all have an internet connection, thus fiat money is an advantage as you wont be in need of any mobile phone and net.

Also, since cryptocurrency is an alternative payment method today, it can also be used as a store of value which can be use as a long term investment.

The freedom crypto offers its user is none to compare with, with the elimination of third-party systems and the freedom the blockchain technology offers. Bitcoin gives us financial independence.

This advantage is very interested by investors, because investing in crypto has better potential with a faster change in value. But the choice of cryptocurrency must also be right, such as choosing bitcoin as the main coin which is used as a short-term or long-term investment.

Cryptocurrency is used as an alternative payment and will continue to coexist with fiat. Bitcoin is no better and Fiat is not better either. Both have their own advantages and disadvantages.

Better in the sense that,  btc (cryptocurrency) has limited supply as already stated unlike fiat that has infinity supply,
anonymous which is a major part of btc and reason why many prefer it than fiat since by using btc you are some how anonymous from the praying eyes of the government,  
decentralization which means no central authority in control of the system, no single individual or bodies in control, it is open to all, which can not be said with fiat.
And then you have the ease and convenience to transact between parties without any middle man, when you observe closely, you will see why btc is a more better option.

First of all, if you could search the forum, you'll find your answers from all the previous threads here discussing the same thing.

To the point, traditional money doesn't have a limit. Governments can print whenever they feel need.
Where as Bitcoin is limited to 21 million for life.

You can use bitcoin as a mean of payment system over the world without without you having to exchange it for money fiat. I mean, as long as the merchant accepting bitcoin as a payment system then you just easily send your bitcoin to the marchant to buy the stuff. It will be different when you use money fiat, you have to change your money fiat against the currency where the merchant is used and it will takes a long time.

Also, bitcoin can be used as a sending money tool comparing when you will send money you have to change against the destination currency. Another advantage is bitcoin is created to resolve the inflanstory problem, comparing to money fiat that reluctant to meet inflanation depend on the economic country situation.

The point on blockchain system its transparent . everywhere can access it anytime anywhere any device and no authority can control it. international transcation its popular and bitcoin can be option for that or some people might be hold it just take interest from any project. crypto popular in digital economy because its usefull and easier .

While Bitcoin can be considered money, I think it's important to remember that it's probably not how most people see or use it nowadays. Some trade Bitcoin, others use it as a store of value, and probably a minority of people actually treat it as money and spend it on goods and services directly. Moreover, while I'd like to see the future where Bitcoin is more adopted as money, it's also important to note that it has disadvantages in comparison with fiat that present serious obstacles to it being used for everyday purchases. I'm talking about high fees and slow transactions. So while in theory it's all great, in practice, Bitcoin isn't very efficient for everyday money usage.

Both fiat and bitcoin has its own advantages. Fiat can easily be used anytime and now that online wallets are relevant you don't need to pay in person, in the other hand bitcoin offers more versatility it is fast and can be transferred around the world within seconds and it is also transparent, the blockchain really eliminates some threat such as being replicated.

If its a daily transaction having fiat still is better, but in terms of saving and moving your money  bitcoin is a lot better; if I were to ask I would rather compare Bitcoin or cryptocurrencies to banking since it would make more room for discussion.

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I see a lot of people bringing the Bitcoin's fixed supply as something “good” compared with the traditional money. While I'm a big hater of the way some governments inflate their currency and devalue people's money, I'm also not in agreement that using a deflationary currency is an advantage of the whole case. It's made in a way to be more valuable over time, but this is not how a currency should be like.

By knowing that my money will have a greater value in the future, makes me want to avoid spending it. So, by setting a fixed supply, you're instantly ruining the entire purpose of your currency. It won't be used as a medium of exchange, as it should be. Contrastingly, it'll be kept as a store of value asset and investment with the reasoning that it'll worth more in the future. On a healthy capitalization, money has to circulate.

I wouldn't say that you can compare those two. They both satisfy different needs. Traditional money is needed, otherwise there is no state and hence, no society, while Bitcoin provides financial freedom. I don't know about you, but I want these two to co-exist.

I think you are referring to the present days yes, all the bricks to a more crypto-currency world aren't laid, despite been wholely a Bitcoin-er -crypto- lover, I use more Fiat than crypto-currency, not that I love to but just that I am without choice in doing so, and to futher frustrate the whole thing there comes the crypto-currency ban.
I know and check the advantage crypto-currency has over Fiat and Intelligently conclude that it's much, anytime I spend time in the banking Hall to make Transaction or correct errors from them, I realise more how the world needs crypto-currency.

True that. With all that has been said about Bitcoin/Fiat, I believe that both will continue to serve their purpose in human life. First pike you mentioned has its advantages still when you look at our every day transactions that we still can't do with Bitcoin but when we look at the wider picture of what Bitcoin offers, then we might say Bitcoin is better but both still have it's strength and weaknesses so really don't like comparing both.

Crypto cant really replace fiat no matter what but it could exist as an alternative when it comes to payment system and here's the advantage of using up crypto compared to fiat.

•Anonymity
•Irreversible Transactions
•Decentralized

These are the qualities on why the community is been supporting or engaging with crypto because nothing beats out when you do have the full
control of your funds without government do involved.

- Your definition of convenience surprised me quite a bit because bitcoin doesn't seem too convenient for transactions when transactional contracts are confidential and hard to undo, most of the time we will spend counting the confirmations in the transaction while traditional currency can be converted at a bank and quickly transferred to the required location, confirmation is extremely fast and easy. The most radical advantage is still the process of storing value, bitcoin and crypto have the special ability to increase passive assets

The most radical advantage is also that you can take any amount with you in quite a magical manner. No need to go through cumbersome bank transfers where you have to explain anything, like why do you send money from this country to that country or whatever.

I won’t say those repetitive things about bitcoin which we are reading from before the forum was created. (Anonymous, limited, bla bla).

Personally speaking bitcoin is a word that has replaced my brains sweet spot now and all I see is powerful way of investments, earning opportunities and security of my future.

Considering bitcoin is here to last long (no govt won’t let it down) it’s best asset-cum-currency to hold. Happy stuff that’s all!

Indeed. If that can happen in all countries, I think people will have more chances to have a better life in the future because they can try to make money from bitcoin and not just from what they already did. Besides being traded, bitcoin can be an investment for people to have to work to earn bitcoin while they can sell their bitcoin to make money. We hope that the government can legalize bitcoin sooner or later so people will not worry about using bitcoin.

After the introduction of Bitcoin, the preferences of the investors are gradually shifting towards the cryptocurrency.

there is some reasons why bitcoin is better than traditional money.
1. It Is A Decentralized Currency :- its users have the complete freedom to transfer the money.
2. Better Investment Option - Investors are getting smarter while they invest their money in bitcoins.
3. Bitcoin Is Not Restricted to Borders- The value of bitcoin remains constant regardless of the country. As a result, Bitcoin's value is the same all around the world.
4. Bitcoin Is Theft Resistance- The bitcoin wallet is where the bitcoin's private keys are kept, and only the owner has access to it. It is, without a doubt, the safest currency one can have in terms of security. As a result, bitcoin has a greater acceptability rate than other currencies around the world.


In comparison to other currencies, the bitcoin exchange and its applications are extremely simple. Bitcoin does not have many of the flaws that traditional currencies possess. Many investors are now looking to invest in bitcoins because of the currency's flexibility and potential for rapid growth in the near future. With bitcoin's increasing popularity, it may soon become the global currency.With bitcoin's increasing popularity, it may soon become the world's global currency in the next years.

Wrong, you can send fiat anywhere too with apps like Paypal, Venmo, CashApp and many other. Anonymity is debatable because criminals that are dodging the law uses fiat to cover their tracks and they can still get their needs without the worry of people tracking their purchases. The reason I think that bitcoin is better than fiat is because it is superior, it can be a currency to purchase or an investment to make more money.

I think there are times that crypto is better than traditional money but it doesn't mean that it is totally better than it because there are also times that traditional money is way better than it.
Bitcoin is better when sending money to another country because it is faster and sometimes cheaper.
Traditional money is better when paying because it doesn't need confirmation and transaction fee.
So it would be determined by how you would use it to know which is better.

You would go to the bank and get your gold and try to buy a cofee with it ?

There's other Crypto of fiat for that.

BTC is a savings account for wealth. It has around 100% of interest per year. Find something like it that could be accessible to anyone with a phone... No gold or stocks is even close

If you voluntarily want your money to loose value, you are free to hold it in something inflationary. Also, the 'you need money printing else the economy dies' is a fallacy with zero proof

Limited supply of 21 million coins. One in five US dollars were printed in 2020, don't know the numbers for current year. But point is that governments can print as many money as they want since leaving the gold standard behind. So inflation is a huge problem. Prices of almost everything but especially houses are rising but the wages aren't. With bitcoin you have the first deflationary currency.

Thanks , you have explained these point beautifully. My concerns are that there are still debatable things like : The price is so volatile, with normal money it is controlled, the inflation is year wise not hour wise. To the masses this crypto thing will attract or not I am not sure, 1st complex to understand, complex numbers (in points - difficult transactions) , The price is so volatile that it is better for gamble rather than trade now. When do you think it all will be sorted

But before we can use bitcoin for free, we need approval from our government and as we see that not all government give their permission or approval for bitcoin to be used by their people. It needs more time for the government to approve bitcoin so people will not have trouble in the future. Yes, bitcoin offers anonymity to people because they do not have to tell others about their bitcoin and people can keep that as their secret. I think bitcoin is not trying to replace the existence of fiat instead will work to cooperate with fiat to help people in the financial.

No one is claiming that Bitcoin is perfect. You also can leverage Bitcoins strengths (many) as a currency to your advantage and not give up the benefits of stable fiat currencies. You aren't forced to choose between either and can use both.

What's your take on goverment involvement for money? Lets leave money system in general like law, basic pay etc are needed as far as I can think. We without any controlling body will go berserk. Just thinking haven't thought this through rn.

Cryptocurrency is made much more modern than money technologically, In addition, anyone can not master it technologically, Walupun drawback is due to the decentralized nature of bitcoin if we lose the wallet then we will not be able to open, there is no consultation if you do carelessness. The rest of bitcoin is very good at benefiting from its technology.

That's right, bitcoin and fiat can't lose any of them, Bitcoin is a sign of progress from fiat, however, we still need fiat to make stable fair trades. Bitcoin is technologically beneficial, however, in terms of security when losing both of them where fiat is more reliable. We can consult the bank.

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I still see one drawback of cryptocurrency. What if someone forgets to back up their wallet access, then loses access to the wallet? they will lose as much assets as they have in cryptocurrency. I know, if crypto technology is much superior, but fiat is a crypto friend that can not be separated from both.

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I like bitcoin because it's decentralization and deflation concept. When it's price become more stable then it can be better than traditional money in term of  store of value. Inflation makes traditional money bad while bitcoin (if it's spread evenly ) with it deflation has almost similar concept as gold which is every year both are not experience inflation so we can buy commodity with the same price as before although bitcoin seems experience different thing, because of big deflation it only need less number of btc to buy the same amount of commodity. I think that's why bitcoin is better than traditional money.

When viewed from the point of view of its function as a currency on the internet, it is clear that Bitcoin is more reliable for transactions and payment gateways. We can send and receive Bitcoin anywhere instantly and it's possible to track transactions because of the help of Blockchain.

And when viewed from the function of currency in the real world, coins and paper are the best choices at the moment. Whether you accept it or not, USD is more popular than cryptocurrency for now (May 2021) globally and internationally. Owned by many people, makes their existence stronger and safer to own and more comfortable when used to buy a bottle of Coke at the convenience store.

Majority of scams happen through fiat and the banks do nothing to prevent them or restore the amounts stolen. Centralization is a quality that favours the authorities at the detriment of the public.

On serving different purposes, Fiat has a far reaching adoption rate and is readily available and easily spent through arious means; cash, digital, cards, tokens, mobile transfers, etc. This makes it more efficient than Bitcoin for daily expenses. I expect Bitcoin to grow in scalability in the coming years, but probably not to the level of fiat.

Crypto, not Bitcoin.

True they can both coexist peacefully. Traditional money made for useful purposes. Before when there is no money existing people realized to create cash/bill. Based on my research before people are trading when buying things. For example I have mango but I like more apple. For me to get apple I will ask the people who have an apple to exchange my mango an apple. Then people realized to create cash/bill to represent it as a money that can use for buying. So it will be easily to carry around and buy want we want. And bitcoin use to transact easily in digital world. They both have advantage. We can have both without giving up one.

The betterment of crypto to be compared to fiat or traditional money is based only on perception on the individual himself. Cryptocurrency and traditional money are both co-existing in a single space and what makes them compare is the experience of each and every person using them simultaneously. Maybe the reason behind why some or most of the people states that crypto is better that traditional money is when it comes to processing of transaction and other stuffs made easy by using cryptocurrency. But then again both are goo and unique on their own ways. What makes them different and have an edge will be based on people's perceptions only.

It's because in crypto universe you are responsible for your money and nobody else. There are no middlemen or authorities taking care your money and guaranting insurance. It's the price to pay for decentralization. At same time, if you are a responsible person, store your passwords safely, care for your personal devices and are cautious about where you access your wallet you will be safe.
I believe in the near future there will be alternative options to give investors more safety when keeping their coins, like third party services offering storage for crypto currency with the same guarantees you have when storing fiat at bank. However, nothing is more guaranteed than storing your money in your own hands.

being revulotionary is what makes crypto better than money
 for ex. crypto is online and we can transfer a crypto anywhere or use it in shops that accepts a crypto even if without a money or without the help of money transfer service but when it comes to simplicity nothing can beat the good old fiat and they are instant if your only going to use it locally or in your nearby areas .
 crypto prices can rise even if theres less support from companies and bussiness because common people primarily invest and use a crypto

Besides perspective, I am pretty sure that there is a general difference that is beneficial to everyone like bitcoin is a growing asset compared to fiat that doesn't grow in value, it is clearly much better.

That's the intention of having decentralization, hlding your own money in your safe own wallets. It's about time for more people to learn how to take care of their belongings,

Instead of allowing banks to earned from your deposits, it's you now who will managed everything. It's tough for those who completely new to this system and those who are using banking system, but embracing the changes will help them to realized the value of this new chain.

Proper knowledge and more adoptions will open doors for more people to start using this system that will be very beneficial.

We could say that Bitcoin is "the currency of the Internet", while Fiat (traditional money) is the standard of mainstream commerce. Stability and widespread merchant acceptance is what distinguishes Fiat from Bitcoin. The latter is more useful as a store of value than a currency for day-to-day payments. That's because of the high fees, slow processing times, and unstable prices on the market. Neither currency will replace one another because they're completely different things. It's like comparing apples vs oranges.

Nonetheless, people will get to decide which type of currency to use for mainstream payments. Not everyone will find Bitcoin attractive because of its many limitations. Fiat is and will always be the ideal choice for merchants, businesses, and individuals alike because of the reasons mentioned earlier. Bitcoin will only remain as an alternative currency for those seeking an "exit route" from the current monetary system. As long as it remains decentralized, nothing else matters. Just my thoughts ;D

In my point of view bitcoin is online based currency that owner have its security  , other hand fiat is government supply of currency that has less security than bitcoin . You can carry bitcoin virtually that no prblm of security  but fiat have always security problems . Bitcoin price will increase if you hold it but fiat create no difference by holding it ,

Here is a free tutorial on investing in cryptocu

rrency. https://stfly.me/V7xGZsF

Crypto is not controlled by any central banks that is what the main difference between crypto and these so called traditional money, the supply of bitcoin is limited while the traditional money can be printed as much as a government an banks wants.

I agree with the two points that you mentioned prove why Bitcoin can be better than fiat. Therefore, slowly people began to adopt Bitcoin,
because it is saturated with the control exercised by the government for every financial transaction that we carry out. Bitcoin gives us the freedom
to control our own finances, I also found it helped me to be able to send money to my family overseas with Bitcoin. Because if I use fiat through
the bank system, the possibility of the process can take days and the costs incurred are also greater than I use Bitcoin. Then the last thing that
makes me believe why Bitcoin is better than fiat, Bitcoin can be a digital asset, so storing Bitcoin in the long term can make us rich.

Bitcoin is a lot better than when it comes to the transactions because its cheaper, faster and no tedious processes for days but still it is not completely perfect for day to day life too, since we all knows that transaction fees increase insanely when the number of transactions are increased.

Bitcoin is arguably the most divisible, portable and durable store of wealth ever created. In the diagram below you can see the benefits of Bitcoin vs money and how it is shaping up to be the future of money.

The main proposition of bitcoin is that it is decentralised: anyone in the world with an internet connection can use the system and know their wealth and transactions are being secured by the largest computer network in history.

Our financial system today relies on a central party to be entrusted to broker our financial arrangements. The Bitcoin mining algorithm however, ensures a network of computers that don’t know each other will interact with each other in a trusted and reliable manner. It shifts control to a decentralized model removing layers of overheads and inefficient handling.

Basically, Bitcoin possesses all of the traits of money and improves upon them. Winklevoss Capital is famed for describing Bitcoin as “better at being gold than gold”.

In the domain of new product and technology adoption, when a product is superior, 10x better than its closest substitute, it will supersede its competition.

Bitcoin does have several weaknesses as a currency, so it can't be used fully as a means of payment. There are some transactions that are better off
using fiat than Bitcoin. So it's best if Bitcoin is just a fiat alternative, there still needs to be a fix for some of Bitcoin's weaknesses. Moreover, there are
still many countries that reject Bitcoin as payment, it does require a long process, so that Bitcoin can be accepted by all countries in the world.

Even though Bitcoin still can't function very well as a currency or as traditional money, it also has the power to make sure that traditional money is better than it would be without Bitcoin existing. It works like a counter to bad monetary policy and central banks know that. 

not better, but bitcoin is more sophisticated than traditional currency, because the system of bitcoin and payment can be easier, even today, bitcoin is more suitable for busy people like today.

Cryptocurrency has better security. Compared with traditional banknotes, cryptocurrency does not need to be carried around, so it will not be stolen; In the transnational business, there is no need for cumbersome procedures to exchange the currency of other countries.

I think Bitcoin is a very interesting attempt, a great innovation as a virtual currency, and I think it will exist for a long time. Its value support lies in people's commemoration of the pioneer of this virtual currency and the huge bubble created by it.

Bitcoin separates money from state. It replaces a state's monetary policy with a predictable and diminishing inflation rate, making Bitcoin a scarce asset in such a way that you don't have to take anyone's word for it. Bitcoin can be held in private custody in such a way that it's hard to confiscate, and can be transferred in such a way that it's hard for anyone to prevent you from doing it.
And these are the reasons Bitcoin is better than traditional money.

While for busy people but this is the best thing to improve our lives when others are focusing in banking system that experiencing too much hacking nowadays.

from ATM being used even if you have 2fa  to banks being robbed and the depositors suffers in the end.

even if it is not bitcoin that will stay forever but at least Crypto alts will come to rescue the world for the financial aspect.

both of them live side by side, need each other, just a different way of working ,, we can't use bitcoin to shop at Indomaret and supermarkets, but bitcoin has a high market price, and we can invest it in our future. , fiat currency We really need it, especially the common people who don't understand the digital world ...
for now we can't say it's slightly better than fiat ''

Number of transactions per second is the only issue with bitcoin transactions because when the number of transaction increases the fee also increases and waiting time too so users are forced to use huge fee of wait for days or weeks.

Bitcoin doesn't need approval from governments to work since its purely peer to peer mode of transacting but for legal purpose we may need but bitcoin will still work even if every government in the world bans it.

Fiat and bitcoin are both important for a different perspective of different people, both are good because both have different purposes, We are using fiat currency for our daily lives and we mostly used it when having a small transactions, while cryptocurrency or bitcoin is being used a store value or as an asset which is really good for investment. We cant only choose bitcoin because we need fiat currency when we are going to pull it out as most of the convenience stores or businesses do not accept bitcoin as payment. The thing as of now is that we can't live without fiat currency but we can live without cryptocurrency, but it doesn't mean that cryptocurrency is not important, well in fact there are so many benefits of being knowledgeable in cryptocurrency and I know that bitcoin will be more accepted all over the world in the future.

The more reason bitcoin seems to be better than fiat is that it isn't controlled by any government and also it gives us full control of our assets. Bitcoin is connected with alot of beneficial activities which can liberate an Individual financially, holding bitcoin for a period of time will surely fetch you earnings if you bought at a cheaper price, check the yearly chat and see the price movements of bitcoin. It had changed lives of many but the fiat currency can't do all of this.

cryptocurrencies are better than traditional money because:
first, cryptocurrencies are decentralized which means it is not regulated by central authority, they cant be devalued or inflated by the banks unlike traditional money. second, millions of money units can be transferred at lightning fast speed while keeping the users anonymous whereas traditional money could take up days or even weeks, third, although there is a service charge for transferring the funds, it is much lower than bank rates, fourth, they provide total anonymity and digital cash is widely accepted in contrast to the local cash currency, fifth, cryptocurrencies cannot be destroyed or damaged as opposed to traditional money. hope that helped.

Compared with traditional currencies, Bitcoin certainly has a greater advantage. First of all, the possibility of Bitcoin's inflation is extremely low. The government holds the sole right to issue traditional currencies, which is directly related to whether the currency depreciates or not. The total amount of Bitcoin is constant, only 21 million, which avoids the possibility of excessive currency issuance, and the decentralized storage and transaction model greatly weakens the government's control. Secondly, the security performance of Bitcoin is good. From the perspective of security, ordinary banknotes are anonymous, that is, the identity of the owner cannot be identified by the banknotes, and it may be stolen at any time in the pocket, and there is a risk of the bank being stolen. Bitcoin is a cryptocurrency stored on a decentralized blockchain. When a transaction occurs, it needs to pass through two levels of public key and private key, and it must wait until each node records the transaction in its own ledger. After that, the transaction is considered complete. At the same time, the design of Bitcoin based on cryptography allows the owner to enjoy 100% control. Unless the owner's resources disclose the private key, neither the bank nor the government can transfer these assets.

CryptoCurrency (Bitcoin)  Compared to Traditional Currency, Both of them are important , it only depends on the people who would use of it. Just Example for your Daily Life , You cant buy in a convenient store using bitcoin usually you will pay fiat. Otherwise there's an advantage of cryptocurrency ,Crypto is decentralized , Speed of transaction , And Safe To your Information.

This means that the community needed the two. And everyone had a choice which one to use in different places and in different transactions. As we know that digital innovation had already started a long time ago before Bitcoin exists but ti sad that it wasn't appreciated much compared to Bitcoin. This is to accept that this new technology had got the interest of the public and much more comfortable to use than the previous one.

Neither to say Bitcoin is better than traditional, it also matters which one is applicable.

actually not bitcoin and money are the same, what differentiates is the function of the two.
there is nothing better between the two in the sense that their position is the same but their functions are different but their purpose is the same.
because the point in both is the same makes us happy :)
what makes money is simpler and can be used anywhere and anytime but bitcoin is different bitcoin is not like that but the benefits are the same

There are many difference. As examples Crypto is digital currency and traditional money is physical. But the all money, we are using for the transactions. So the physical money payments are more secure and that have visibility though digital payments are very easy but not much secure. If we can create a transaction procedures with big security options , Crypto payments will be highly simple and easy.

I think they are both the same, there is nothing better or worse, Both have their own properties and complementary benefits, I think fiat will not be able to interfere with bitcoin, nor will bitcoin. Because without fiat bitcoin can not be exchanged, and without bitcoin fiat is also just a paper that does not know technology.

Compared with traditional currencies, cryptocurrencies are more secure, and because the total amount of Bitcoin is fixed, it cannot be issued at will and will not cause inflation. As an investment, cryptocurrency also has good value.

Economist will teach you a lot about money and currency. BTC is such passing off here - BSV much closer

There are several reasons which make crypto( bitcoin) better then the traditional money..
It is a decentralized currency means no bank involvement in the transaction process..
It has better investment options..
Bitcoin is not restricted to borders..
It is  secure and theft resistance..
It has no transaction charges.

I'd only commend it for the fact that your money is in your control, your full control. But what I'd commend most is the ease of sending money across countries without stress. For instance, If I were to send your some money, any amount at all, I will simply ask you to send your wallet address. I can send the money using any cryptocurrency. Some people prefer USDT(Because it pegged to USD). This is as easy as it sounds. With normal paper money, sending money can be stressful and can take long time. https://support.kraken.com/hc/en-us/articles/203325283-Cryptocurrency-deposit-processing-times (https://support.kraken.com/hc/en-us/articles/203325283-Cryptocurrency-deposit-processing-times) - Here is a list of average transaction time for some different blockchain I just found on Google search.

Not really that efficient when it comes to fees because we know that there are really times that fees are way too up high which it is way more than on what we do see in fiat itself.
This isnt only for the sake of investment  purposes on why crypto did really become popular but also into its utility but of course,we could possibly earn profits then its no surprise
that  people would really be focusing on this one.

Things on why crypto best.
1.  Decentralize
2. Irreversible transactions
3. Profit opportunity

^ Plus, as a payment method.
All you have mentioned above was right, these are the best advantage of crypto that could be consider better than fiat.
All could be smooth and fast trasaction across borders and easy to use wherever you are, you also have a free to control your fund, not at least you are already a billionaire. Traditional money is not traceable once a holder wanted to have a transaction. Nevertheless, both these two currency can not be compared.

If we can have both bitcoin and fiat for payment, then bitcoin has definitely achieved its goal. But i believe that both of them should never be compared because they both work on their uses and purposes.

Ho wever, bitcoin may have an advantage because it can also be used as an asset or investment but with fiat, it only serves as a payment purposes. But bitcoin does not aim to overtake fiat as they exist both as a mode of payment.

By the adaptation of this digitalized world we can say that  Bitcoin is better than traditional money by means of fast and hustle free transaction over the internet and everything transaction in crypto is fully decentralized.

decentralization that makes bitcoin very attractive because decentralization eliminates people with certain rights can print money and control finances arbitrarily
besides that blockchains have much better security than traditional money and even more difficult to hack

I think Bitcoin is better than fiat, because Bitcoin can not only be used for payments, but Bitcoin is very good as an asset too. It's ideal that
we have both, because until now, I'm more comfortable using fiat to make payments. Bitcoin is only an alternative to payments, moreover,
its volatile price makes Bitcoin ineffective for payments. Actually, the purpose of Bitcoin from the start was not to replace fiat, but as an alternative
to fiat. So that people have more choices when it comes to making payments, so I really hope that both exist and can complement each other.

I don't get your point here. If you mean to compare the value of crypto coins to fiats, you can easily check it on exchanges or Coinmarketcap. You can see clearly the current prices of all crypto coins in dollars there. You also can check the price change history in detail on Coinmarketcap easily. But if you mean to compare the value of crypto coins and fiats as a payment tool, surely crypto coins have some limitations because they are not legal to use as payment tools in all countries. Most countries just allow them for digital assets/investments.

Crypto here is like a medium, or we can say it is a complement to ordinary currencies, this does not have to be compared, it's good if the benefits continue to help humans in terms of encouraging their lives in terms of finance or like opportunities to encourage personal finance. Of course even though crypto is not a currency in general, it is one thing that deserves to help finance in a more modern way and its value will become more and more as important as ordinary currency.

Crypto currency is one of the best trading platform in the whole world. There is no boundary to participate in this platform so world is in one platform where there is a scope for gaining money using trading. One the other hand anyone can't participate in global trading using traditional money. So in this perception i think crypto currency like bitcoin is better than traditional money.

why bitcoin is better than fiat, because bitcoin protects us from inflation and its value rises from time to time, bitcoin is also not regulated by third parties, we ourselves control the bitcoins we have, maybe that's the advantage of bitcoin, but we need to be aware They are always alive side by side, supporting each other.

Agree, I remember those times that the people are only thinking about online transactions because of the fees in trasnfering money like in paypal that it has huge fees and the conversion rate is really huge which the people are thinking of an alternative now the bitcoin or the crypto on that time is getting famous that is really the purpose of the crypto on that time and later on it is getting famous and the price are getting high which lead to people the crypto as an investment and now thinking for future which it could really happen in nearly future

Yes and apart from those stories we all heard about transactions with Western Union in the Philippines costing $30 just in fees, even in Western countries the banks robbed you when you transferred money from one country to another. First it took 5 business days, then they took a hefty fee, and then they also robbed you with the exchange rate as well as a hidden fee. With crypto you do exactly know what the transaction will cost you, but you are of course exposed to the volatility as well.

It depends on people's view, If people look at bitcoin better, they seem to be new to bitcoin, because bitcoin is only superior to technology, even bitcoin also has many drawbacks, which can be covered by traditional money. I'm not stating any of the better ones, because I use both.

As society and life move forward so does economic progress with the advancement of science. There has been a lot of evolution in the thing called currency from gold silver or coinage it has become paper money advanced technology is being used to prevent counterfeiting it has no government or institution huge populations around the world are circulating these currencies through a kind of secure network. No one is a policy maker everyone is equal, just a node in the network this coin will go from buyer to seller directly, without any intermediary safely and surely there is no central form of this monetary system, there is complete decentralization. That is why Bitcoin is better than conventional money.

Decentralization or Centralization I can not mention both as advantages or disadvantages. I prefer these two aspects to be referred to as the nature of currency. We cannot say that Decentralization is better than Centralization or vice versa. Because humans basically have their own preferences as currency users.

The advantages of cryptocurrencies over fiat are as follows

- Limited supply
- Transparent
- Full online
- Low cost
- Unlimited transactions between countries
- And much more

I don't agree that crypto is better than traditional money. Both things have their respective advantages and disadvantages and they are also used for different purposes. Crypto is for investment while traditional money is for daily buying and selling activities. Crypto cant be used for currency since it's fluctuated too much.

it's true, but I don't think the word "efficient" is very suitable here because crypto is volatile and hard to predict. In addition, gas costs will definitely be higher than fiat although the case is not always the same.
people choose crypto basically really want to get profits in the long term but this is only one of the last goals because basically before we know the benefits of course they will definitely see the advantages of crypto, man of course we already know apart from the decentralized crypto system , crypto transactions are also immutable and very simple to do

In my opinion, BTC compared to traditional money, the cryptocurrency has many features, financial freedom, no one controls, in addition, it can be invested for a long time to generate profits. Traditional money is left to lose value for a long time.

I think this is a reasonable comment when it comes to comparing crypto to traditional money although I don't like the term traditional money as that term is dynamic in nature. It changes over time and soon cryptos may be traditional money. But I get the point and I think if you compare fiat to crypto, you should seek out specific aspects you want the two to be compared against each other for. Just saying one is better than the other lacks premises.

Crypto has many advantages over Fiat, but price volatility is what "kills" it. If it wasn't by that, crypto would've replaced Fiat already. People who need an "escape route" from the current monetary system will use crypto for their own benefit. Fiat will always dominate the world because it's backed by the government. Expect to see both crypto and Fiat live alongside each other for the foreseeable future. I'm fine with crypto being an alternative to Fiat if it remains decentralized and censorship-resistant. Just my opinion :)

 Crypto currency in not controlled by centeral government it's only controlled by owners.It's faster, cheaper and more secure. Cash is controlled by banks while bitcoin has owners and it is easy to conduct transactions across boundaries and online.In traditional money banks involvement in transaction process whereas in crypto currency the users have fully freedom. And the world is shifting to traditional wallets to digital wallets. Crypto have many advantage. Easy to transfer and faster.

If you use cryptocurrency for payment, then the cryptocurrency is a currency,
Compared with fiat currency, the characteristics of cryptocurrency:

• Decentralized, anonymous, no third party
• Cryptocurrency is anti-counterfeit and cannot be faked
• Convenient global transactions, easy to carry

Advantages of fiat currency:

• Convenient for daily shopping (cryptocurrency can also be paid daily)
• Relying on the government to help find the lost money

There are a lot of reason why there are many people saying that crypto is way better than traditional money. One thing is because crypto offers you financial freedom. Unlike crypto, traditional money is centralized which means it is under government's control which makes taxes and extra fees when spending exist. When it comes to crypto, it is obviously way more convenient as it exists on a digital wallet and transactions can even be made without any barrier with the currency you are using cause when it comes to traditional money, sending it to another country would require you to change its currency which will change its value as well.

true as you said my friend, why bitcoin is more than fiat currency, because bitcoin is not controlled by anyone, only we control our own bitcoin, and bitcoin also has many uses, we can use bitcoin as an asset to benefit in the future , while fiat currency cannot give us any advantage, but fiat currency only gives us comfort..

About my opinion Bitcoin is better than traditional money. Because Bitcoin is digital currency we can buy and sell it anywhere and it give us a profit by trade it. And Tesla company use crypto currency to deal customers it is starting of crypto world and market.

Naturally people don’t like extra hassle, so they want to choose something or a way that they can easily get what they want.Cryptocurrency is one such way that fiat or paper currency problems can be easily calculated nationally.So easily people are looking for cryptocurrency instead of paper money.

Cryptocurrency is better than traditional for some reasons. Same as that we can find traditional money to be better than cryptocurrency for some reasons.

Few of the reasons why I find cryptocurrency better is the decentralisation, transparency, increased efficiency and no inflation due to the limited supply.

Reasons on which traditional money stands better, ease of usage due to the physical paper money. Zero transaction fee on purchase/buying of products and services.

Bitcoin is better then traditional money because
It's faster, cheaper, more secure and immutable. Traditional money is controlled by banks while bitcoin has owners. ... Less volatile than cash: Bitcoin has a global acceptance and is less volatile than local currency. Due to this feature, it becomes easier to conduct transactions across boundaries and online.
Bitcoin is peer-to-peer and open, yet secure and nearly frictionless

I think that people have moved away from looking to crypto as a currency and they just consider it as an investement as any other, so even the value of it changes and it is looked at as buy and sell value, and when it comes to bitcoin even transactions time and fees do not encourage its regular use as a currency.

For me, I honestly think that Bitcoin and fiat currencies aren't competing against each other. Each of them had different real use cases. We still need fiat because that's the most common currency that we're spending for our everyday lives. On the other hand, Bitcoin has a different purpose where we can just simply buy and hold or trade (or even mine them when we had mining rigs) and I don't think it's an ideal payment method for traditional businesses due to it's volatility and transaction fees. Just my opinion.

not completely free, isn't there a transaction fee?
for the other points I agree. The advantage of transactions using crypto is that there are no space and time limits, regardless of the amount and whenever you send it it will be confirmed, and the nice thing is that there are no complicated administrative matters. This is indeed a little tricky for beginners, but if we want to learn it will definitely be used.
but we must be ready to take full responsibility for all risks, including the risk of loss because it is like we have a private bank that we manage ourselves.

I think it is simple, the explanation is that the FIAT currency will always be exposed to inflation, even the dollar or the euro are open to these problems, while BTC and cryptocurrencies are not, with FIAT money debt is generated, with BTC and cryptocurrencies the debt is eliminated, you enter a totally deflationary economy.

Currently the world economy has been in a turn of active and passive alternation thanks to the pandemic, that is why in Europe there are many activations and deactivations of the economy, since the confinement has caused the flow of money to fall, for now. the economy that moves the most is that of BTC and cryptocurrencies. I think that the best investment portfolio lies in having investment in gold, real estate and BTC with cryptocurrencies, that is the best way to have a superior economic position and that can withstand sudden changes that may occur worldwide, including fundamentals like Covid, war and other similar things.

true as you said there is no competition between bitcoin and fiat currency, in fact they live side by side, they need each other, they have their own advantages, bitcoin requires fiat to exchange, we can turn bitcoin into an asset..

Also, bitcoin have low transaction fees, it very secure. It impossible for someone to have access to your wallet without the private keys. Bitcoin can be transferred to anyone in the world, it has no boundary. However, traditional money also have it own role to play, although, traditional money is been controlled by the government, they  control how much money is printed.

Decentralized
Bitcoin does not rely on the trust of any entity and is a valuable cryptocurrency that is not supported by government agencies or financial institutions.
Scarcity
Bitcoin has a fixed and limited supply. Many people are long-term investors, and now more people enter the crypto market, leading to more scarcity.
Portability
Bitcoin is not a physical object like gold and cash. It runs in a network system. As long as you remember the wallet private key, it is safe and convenient to store. It can also conduct cross-border transactions through the Internet.

actually there is no point in comparing bitcoin with traditional money because they both serve a specific purpose and have different advantages. and  bitcoin and fiat have their own interests and uses, where bitcoin may be better for transacting, and for traditional money it still holds the advantage.
the point is they will always be side by side

Good security
Bitcoin is a cryptocurrency stored on a decentralized blockchain, and transactions will be confirmed and recorded by multiple nodes on the blockchain.
Very low possibility of inflation
Bitcoin is extremely scarce, and the total amount is fixed at 21 million, avoiding the possibility of excessive currency issuance. And the decentralized storage and transaction model has greatly weakened the government's control.
Has investment value
As the number of bitcoins mined gets closer and closer to the upper limit and demand for them increases, the value of bitcoins will increase accordingly.
 

the different is crypto can make money, and money cant make money.
some people want crypto as payment, but there are many people
still want to collect crypto as much as they can for making money. what people need is money, they think that something can produce and make it realize what they want is greatest than other.
but, never forget to not campare between crypto and other currency.

+1
but bitcoin has triggered tons of innovation through altcoins which you cant deny that altcoin has a lot of potential to grow and make crypto as a mainstream currency besides bitcoin.

so yeah bitcoin are above all cryptocurrency and altcoins lay behind as an ecosystem support.
It doesnt need to explain the technical sides like no third party decentralized etc... the most huge benefit by using bitcoin as a form of money is NO TAXES ;D period.
simply as it. wanna debate this?

It's more convenient to carry your phone that you can use to pay for your items compared to having to take it from your old wallet and have to shuffle through it anxiously getting the right amount of money to pay when you can do the same with just a bit of a tap and some waiting. Although it's not yet a viable thing to do right now because not many businesses have a crypto payment system in them so it's a bit of a pipe dream for now but I think the biggest factor why crypto is better than fiat is because of the convenience it provides.

I agree with you, as we can't compare those two currencies and also we need both of them in their responding place. Crypto currency is good to use in a place where you don't want to be tracked.

Talking about currency comparison in crypto with real money, it has a different definition.
digital currency is primarily used as a stock or asset that is very valuable with the potential for profits to be doubled from its original value. while real money is a fixed value and the potential for growth is normal above average, inflation is common.
Broadly speaking, digital money is like goods being traded and while real money is a legal medium of exchange to buy these goods.

We haven't yet arrived at increased efficiency unless you are a huge Bitcoin holder and are transferring larger sums around the world. Yes, then there is no doubt you made the right choice with Bitcoin, but you could also use a cheaper cryptocurrency with sufficient liquidity to do that. For those who have only a little bit of Bitcoin, we can't really claim that Bitcoin is more efficient than traditional money, depending on what you are referring to with efficiency. If it is speed, then yes depending on the purpose Bitcoin is supposed to fulfill. Buying a cup of coffee sucks, sending money from Asia to Europe or vice versa it is great. We don't need to talk about the costs to do that though.
 

We might be hard-core crypto users but I still think fiat is still instrumental in our cryptocurrencies success, we still have a long way to go before crypto can be independent to stand on its own.
But what I find in crypto to be appealing is the low fees I spend to make money transfers than that on fiat with could Cost 10x more.

Using Crypto has its advantages in terms of investment I don't need to go round looking for assets to invest in, crypto is both medium of payment and investment while fiat is only a medium of payment.

1.The supply of Bitcoin is fixed and will not arbitrarily increase issuance to cause inflation.
2.The decentralized nature of Bitcoin is not under the control of the government and the central bank, and it does not have to rely on a third party to manage funds, which can guarantee the private ownership of assets.
3.Bitcoin is not restricted by national boundaries, and the value of Bitcoin will not change according to the regulations of each country. It is the same all over the world.
4.Bitcoin can be used as currency and asset at the same time and has storage value. Investing in Bitcoin can get more benefits.

First, today is the age of technology. Faster and safer bitcoin transactions. This is what makes people love bitcoin. Then the supply of bitcoin is very limited, in contrast to fiat money where the supply continues to grow every year. So the price will continue to rise due to large demand and limited supply.

I don’t think that it is correct to compare crypto to fiat money. Of course, initially, crypto was created to replace fiat money and provide people with privacy in terms of transaction of their money and unregualation from the government. But now it is too early to compare ordinary money to Bitcoin.
Nevertheless, I, of course, can name several advantages of crypto. You can transfer your money wherever you want and nobody can forbid you, even abroad.

Agree and also bitcoin was made not for these reason its because the fees before and how transparent it be since you could see that actual movement of your bitcoin and also it is really fast. Though there are many advantages to crypto now, I cannot replace fiat because it is well-established and has been used for a long time, but it would be ideal if we could add another payment method, such as accepting crypto in payment.

For those who have invested in and used cryptocurrency and bitcoin, it is very clear why bitcoin and other cryptocurrencies are better than traditional money. One thing that can be noticed more in the case of traditional money is that inflation is almost constant because the capacity of this conventional currency is declining to result in purchasing power. Inflation causes the value of money to fall, while the value of cryptocurrencies continues to rise, increasing people's ability to invest in them. On the other hand, in the case of traditional money, it is not possible to protect the privacy of personal assets, which can be protected through cryptocurrencies, especially Bitcoin.

Dont stay on this permanently because you did not consider the congestion and the High fees for each transaction on those season.

but those are the reason also sometimes for people hating bitcoin .

and also this is the reason why some manipulator can take advantage of the situation as the stocks are very limited.

and this will getting harder in years to come.

it's just different.
crypto or bitcoin is functional, in addition to payment it can also be used as a trade with a large profit.
while traditional money can even be traded but the profit is not as big as crypto. so I think it's clear crypto is better than traditional money

Crypto may be better than Fiat, but it still has a big drawback. And that is lack of mainstream adoption, and high instability. You cannot use crypto as money just like you would with Fiat. As long as these drawbacks exist, Fiat will remain as the dominant force of the world's economy. I wouldn't worry about this since crypto was never meant to replace Fiat. Satoshi only created Bitcoin to serve as an alternative financial system people can recur in times of need. Fiat will never disappear because banks and governments patronize it.

Which currency to choose, will depend on your specific needs. Not everyone will find Bitcoin attractive for daily payments. The same can be said about Fiat. What matters is financial freedom. As long as people have financial freedom, there should be nothing to worry about. Just my opinion :)

This is one of the properties of Bitcoin which has high volatility, where when Bitcoin is compared to FIAT, the price of Bitcoin will always be unstable,
From the nature of bitcoin, humans make the functions of these two elements different. FIAT is still used to transact globally, while Bitcoin is now more inclined to investment and speculation.
This completely does not guarantee the state of Bitcoin will be as you imagine, because the main purpose of Bitcoin was created to be the latest alternative payment that is more secure in p2p.

I think it is used to invest and speculate, yes, but it could also be a good tool to get large amounts of wealth from one country into another. As I am not a multimillionaire or billionaire, I don't know what it costs to transfer sums of money of that magnitude, but Bitcoin has proven over and over again that especially for larger amounts the fees are absolutely negligible for international transfers.

Its sad but this is the truth and not all would really be that open nor able to make use incase if there would be some full integration from paper fiat to digital if that's the case because
not all would really be reached on the scope on adoption and also people had already get used to fiat.

Its not bad to be that optimistic about bitcoin or crypto but minding about becoming a mainstream and tending to replace fiat is something that is impossible to happen..

Bitcoin could progress but it would really be just as good as an alternative and wont make it as a mainstream.

It is expected that if ever cryptocurrency became a legal tender in every country and utilizes digital transaction in each establishment or business transaction or even a simple person in his/her daily basis not all people could adopt it on their own. This platform cryptocurrency is really a big help but i think the existence of traditional money will still circulate in the economy. Why? Like for example in the third world country, not all people have gadgets or have a capable to buy their own and also this platform takes a lot of process or transaction that a person really should know about.

everything requires a process, of course we can't replace it completely or totally, maybe to be able to do that we at least have to go through 2 generations so that all can access crypto in the internet world. at least being an alternative means of payment is already a good achievement now

The security of cryptocurrency is very high. The current legal currency consumes a lot of costs in anti-counterfeiting and other links, and it is difficult for cryptocurrencies to counterfeit. Digital currency does not have a physical organization, just keeps accounts on the blockchain, and the cost is relatively low.
Encrypted currency ledger is open and transparent, and transactions are convenient. Because it is decentralized, no one can control it.

The inflation of the financial crisis was largely caused by excessive currency issuance. Bitcoin stays away from inflation. When a new currency is issued in any currency, it has already determined how much to issue. Just like Bitcoin, only 21 million Bitcoins can be mined, but no one can increase its number.
When traditional currencies are transferred between the two countries, there are many obstacles and restrictions that make the user experience very poor. Cryptocurrency allows users in different parts of the world to have fast and efficient transfers.

The innovation of blockchain and cryptocurrency will bring revolutionary changes to the financial industry, will be able to effectively solve more problems in the market of traditional currencies, and truly provide the most creative and efficient market solutions to all participants Program.

• Bitcoin's decentralization is not controlled by the central bank and the government, it is completely owned and managed by the user network. There is no authority other than those who use and maintain the network.
• The number of bitcoins is fixed and limited and scarce. It will not be issued randomly like traditional currencies and can effectively alleviate the inflation problem.
• Bitcoin is open and transparent. The detailed information of each transaction that occurs on the blockchain can be accessed by all users in the public ledger.

Those using it for payments frequently is a very small minority. Hardly anyone would use Bitcoin as there is nothing that you can pay with Bitcoin for to still justify the extraordinarily high transaction costs. Only if you buy  a house or a car it would make sense to use Bitcoin maybe. Apart from that it is a pain in the ass still to do shopping with Bitcoin specifically, other cryptocurrencies might work out better but there are hardly any cryptos that are widely accepted as a means of payment.

Bitcoin cryptocurrencies are important to me as a Venezuelan citizen, as you well know in my country hyperinflation reigns and for anyone it is a terrible situation because it represses the quality of life of those who suffer from it.
By investing in bitcoin and some cryptocurrencies I am relieving myself of the negative effects of inflation.
As it is true, cryptocurrencies are not accepted in many stores anywhere in the world, we are still minorities.
That is where we should focus and do our best to know how to live with bitcoin and crypto because its decentralized power works.

In some areas where Bitcoin is not yet accepted pushes them to convert it into their local currency, just like in our place that only a few that know Bitcoin, there is no way we could spend it. That is why I consider Bitcoin just purely an investment unlike in the other countries will they can enjoy using it to make a purchase in some grocery stores.
However, it did not make me bother, sometimes we have to go through this as the biggest challenge in crypto development as sooner or later it can be accepted in all corner that surrounds us.