BAGOBO
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August 08, 2016, 02:49:19 PM |
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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 !
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takingthis4
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August 08, 2016, 03:09:08 PM |
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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
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23dzmaz
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August 08, 2016, 03:32:03 PM |
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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.
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Tyrantt
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August 08, 2016, 04:32:56 PM |
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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.
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Need some spare btc for a new PC that can at least run Adobe Dreamweaver.
BTC - 19qm3kH4MZELkefEb55HCe4Y5jgRRLCQmn ♦♦♦ ETH - 0xd71ACd8781d66393eBfc3Acd65B224e97Ae1952D
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noormcs5
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August 08, 2016, 04:39:47 PM |
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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.
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xdrpx
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August 08, 2016, 04:56:50 PM |
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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.
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Hellacopter
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August 08, 2016, 05:06:42 PM |
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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.
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serjent05
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Up to 300% + 200 FS deposit bonuses
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August 08, 2016, 05:18:44 PM |
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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.
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ShrykeZ
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August 08, 2016, 05:23:28 PM |
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Use them both, prefer Bitcoin although cannot use it everywhere without converting it to Fiat. More BTC adoption the better!
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nejibens
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August 08, 2016, 05:35:21 PM |
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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.
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macedoniantable
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August 08, 2016, 05:51:19 PM |
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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!
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harizen
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August 08, 2016, 05:57:12 PM |
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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"?
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satdas
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August 08, 2016, 06:06:52 PM |
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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.
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KingdomHearts
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August 08, 2016, 10:18:51 PM |
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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.
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pogress
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August 09, 2016, 12:13:12 AM |
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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.
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JeffBrad12
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August 09, 2016, 12:41:05 AM |
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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.
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diodio5
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August 09, 2016, 01:30:27 AM |
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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
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Achargeturry78
Sr. Member
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Just follow the rules
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August 09, 2016, 01:38:12 AM |
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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.
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madwica
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August 09, 2016, 02:11:52 AM |
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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.
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justdimin
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August 09, 2016, 07:47:07 PM |
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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.
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