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Question: Are they better?
YES - 96 (38.2%)
NO - 25 (10%)
idk - 3 (1.2%)
We need both - 127 (50.6%)
Total Voters: 251

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Author Topic: Are cryptocurrencies better than regular currency  (Read 19652 times)
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August 25, 2017, 05:06:59 AM
 #261

Bitcoins are better than normal currency a hundred times. Bitcoin is that form of money that you hold and you’re assured that it can increase its value over some hours while paper money doesn’t posses such superb capabilities.

Well let's just say that they havr different uses and both have their own positive qualities. Feature wise, crypto makes life a wholr lot easier for online transactions. Online transactions. That's where regular currency edges crypto. Crypto has no physical form so people from lower ranks of society would have a hard time using it.

 
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August 25, 2017, 05:18:11 AM
 #262

I believe they have advantage from each other, the one being highly volatile and the other one being highly regulated.  I think in terms of profit, there is more profit in cryptocurrency since they are govern by market speculation.  But in terms of security against fraud and scams, I think regular currency is better.

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August 25, 2017, 08:19:11 AM
 #263

Yes, bitcoin and other cryptocurrencies are better than regular currency in so many ways like fast transactions, security, and a lot of other things. Bitcoins are now more safer to use online than any other typical currency because it may help you avoid getting your personal information leaked some where in the web. Cool

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August 27, 2017, 03:28:35 AM
 #264

Bitcoins are better than normal currency a hundred times. Bitcoin is that form of money that you hold and you’re assured that it can increase its value over some hours while paper money doesn’t posses such superb capabilities.
Fiat in fact does the opposite, fiat steals value from you every second you hold it, I think people despite not understanding the economy get this somehow and this is why the savings of many people are zero, after all what is the point of saving if you lose money every single second?
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August 27, 2017, 04:57:08 AM
 #265

Honestly I believe bitcoin is better since one you don't use your credit card so you don't loose you needed cash but instead your cash that you could easily earn back from mining. Plus, it's open to all ages unlike credit cards.
I think that how many people, so much and opinions. It is possible long to discuss that better, but will so not agree. Who that likes one currency, and to whom that other.

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August 27, 2017, 10:24:20 AM
 #266

This is not always useful because not all of them accept crypto-currencies which can be paid for purchases or pay for services. In addition, there is not always an opportunity to use electronic money.

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August 27, 2017, 10:44:50 AM
 #267

Honestly I believe bitcoin is better since one you don't use your credit card so you don't loose you needed cash but instead your cash that you could easily earn back from mining. Plus, it's open to all ages unlike credit cards.

When we are talking on what is much better between cryptocurrency and regular currency, we cannot conclude it. They both have their own stand in our society. They both have pros and cons if we try to observe it. Crypto is not legal while regular currency are not. Aside from it there are a lot of differences between them.

Precisely, if indeed we compare something which in fact have different functions then it is not the right steps. Cryptocurrency and regular currency does have the same nature, that is used for transactions or Exchange. But both have a segment or different places and also the advantages that can be obtained is much different. just imagine, cryptocurrency can be used for investment with a greater advantage, while the ordinary currency may be used for investment but the gains are not guaranteed big since it depends on a country's financial turnaround.
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August 27, 2017, 11:15:49 AM
Last edit: August 27, 2017, 11:28:45 AM by twicezeroiszero
 #268

This is not always useful because not all of them accept crypto-currencies which can be paid for purchases or pay for services. In addition, there is not always an opportunity to use electronic money.
Why not have opportunity to use cryptocurrency (do not like your definion electronic money)?
In future, if cryptocurrency can popular than now, that's easy to do, because you just need have a smartphone have function scan QR code, you can start trade your coin anywhere and purcharse any things.

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August 28, 2017, 09:36:18 AM
 #269

Small merchants could benefit from this because the bank charges for purchases using cards from 3 to 5% of the incoming funds. it anticipates a bright future for the currency and makes a parallel with social networks, unknown 7 or 8 years ago and unavoidable today.
Banks are the most hateful commodities in the today’s world. They are all time making new bloody policies to garb as much money from customers as they can. On the contrary, digital currencies are giving complete freedoms to masses and I can see that merchants will prefer digital ones in the near future.
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August 28, 2017, 09:38:55 AM
 #270

honestly not yet. crypto is so volatile.
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August 28, 2017, 09:58:36 AM
 #271

We need both so far, but not for forever imo. In the future, with advanced technologies, when it will be easy for everyone to use different cryptocurrencies in everyday life, fiat will be gone. I'm sure this time will come, the question is when we can expect that happen. I think it will happen not sooner than in 20-30 years.

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August 28, 2017, 10:03:29 AM
 #272

Honestly I believe bitcoin is better since one you don't use your credit card so you don't loose you needed cash but instead your cash that you could easily earn back from mining. Plus, it's open to all ages unlike credit cards.
If you are just really basing on credit cards then i would say that bitcoin and other altcoin would really be better since it doesnt really require any age for you to use it. Since we are talking about money on here we would really have the full control of our funds and we can easily make transfers or transactions with other people who also using it but talking on general it wont really come to a time that cryptos would be more better than regular currency.It wont really happen.

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August 29, 2017, 05:41:45 AM
 #273

Honestly I believe bitcoin is better since one you don't use your credit card so you don't loose you needed cash but instead your cash that you could easily earn back from mining. Plus, it's open to all ages unlike credit cards.
Bitcoin is better than conventional money because, firstly bitcoin can increase in value in a little time, while conventional money does not have that power. Bitcoin isn’t affected by environmental conditional while conventional money is.
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August 29, 2017, 06:56:02 AM
 #274

Honestly I believe bitcoin is better since one you don't use your credit card so you don't loose you needed cash but instead your cash that you could easily earn back from mining. Plus, it's open to all ages unlike credit cards.
No i think it depends to person how to manage their money in a good way. Cryptocurrency like bitcoin is good to used for online investment and much better that we use cash.
Bitcoin can't use it instant in offline transactions you need first to convert it to cash before you spend it.
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August 29, 2017, 07:46:03 AM
 #275

Honestly I believe bitcoin is better since one you don't use your credit card so you don't loose you needed cash but instead your cash that you could easily earn back from mining. Plus, it's open to all ages unlike credit cards.
Bitcoin is better than conventional money because, firstly bitcoin can increase in value in a little time, while conventional money does not have that power. Bitcoin isn’t affected by environmental conditional while conventional money is.

I agree with both of you and really, feature for feature, crypto has a lot of advantage over regular currencies. One thing going with regular currencies though, is that people are all too familiar with them and they've incoreporated these currencies pretty much in their everyday lives. You can't ask them to set aside what they've been used to all their loves and immediately embrace a better alternative

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August 29, 2017, 07:52:21 AM
 #276

I think crypto is way better than cash: bank system for several reasons. You are your own bank you dont pay fees monthly or yearly and it is your responsibility keeping your money.you are protected from inflation and have better interest rates than cash. There are weaknesses as hackers and high violity which I believe will be fixed in future

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August 29, 2017, 08:01:56 AM
 #277

I voted for we need both, cryptocurrency gives ease when it comes to online transaction and online based job but it also have a cons - paper money, has always been here from the very beginning and it will be difficult for the society to just change everything to crypto all of the sudden.
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August 29, 2017, 08:08:42 AM
 #278

I don't think so...
of the two mentioned currency, regular currency is the better for me, because you can't use the cryptocurrency all the ways of your life. it is using only in some specific sectors. basically, in the developed countries, cryptocurrency is being accepted nowadays.

in the under developed countries, it can't be accepted. so regarding all the ways, regular currency is still considered as a more privileged currency.
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August 29, 2017, 09:14:15 AM
 #279

Of course, bitcoins on the one hand are better than the usual currency, because they can increase your profit in a couple of days by several times. But on the other hand, not all people trust crypto-currencies, and in turn they use cash. So at this  moment both currencies are important, but personally I tend closer to the crypts.

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August 29, 2017, 09:22:55 AM
 #280

Honestly I believe bitcoin is better since one you don't use your credit card so you don't loose you needed cash but instead your cash that you could easily earn back from mining. Plus, it's open to all ages unlike credit cards.
I have two answers in your question. The first is the cryptocurrencies today are better than regular currency today because cryptocurrencies have many advantage and benefits. My first answer is talking to the benefits. My second answer is no because many people saying that fiat currency is more better than cryptocurrency when talking about the transaction or the payment.
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