Are cryptocurrencies better than regular currency

[Gaff]

Cryptocurrencies are better than regular currencies in some ways such as they provide us fast and cheap anonymous transactions within and outside the country. They are decentralized in nature which means government has no control over them so no tax is imposed on the transactions made through cryptocurrencies.More over we can keep a check on our money.No doubt regular currencies do not provide any such feature but regular currency is a traditional and trusted currency which can be used everywhere for our daily needs.Both cryptocurrencies and regular currency have there own benefits.So according to me we need both.

The most reason why it's best rather than regular currency is not just the cheap transactions or whatsoever, but the certain idea about it is decentralized type of currency. We have a freedom to use it in all ways without beibeinas long as it's adopted by people worldwide, then we can see to it that the advantages is greater than regular currency. But we still need to use regular currency for daily spending, and that crypto currency can be our sources of profitable income.

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[ashfer]

Well cryptocurrencies are good form of investment but its value can be profitable only if we cash them as real life currency as bitcoins doesn't have a physical form like our real life currency and its value keeps changing even though it is being accepted world wide there are even countries which has already banned the use of bitcoins as they fear that bitcoins will take over their real life currency more over they find more number of users for bitcoins from their region and btc is something which is tax free so the government fear that their economy will face crises but that was just a misunderstanding as bitcoins profit can be supportive only if we can cash it into real life currency as it is not accepted everywhere we go .So i feel both go hand in hand .There is one more reason that btc is not affordable for everyone from all walks of life as its rate a growing higher and it is becoming expensive to afford a btc.So i think regular currency and cryptocurrencies should go hand in hand.

[PranDoW]

At the moment, since it's easy to speculate with them, there may be something to change later onyasyas but in the other way using crypto currency is easier to get some profit

[portotoi]

Cryptocurrencies are better than regular currency because this cryptocurrencies can increase more than a regular currency with a fix amount. If all currency will have this kind of feature that always increases, it is more likely appreciated by all people.

[cheann20]

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 guess you're not so accurate to infor sir. because in cryptocurrency now you can use it in quick trading in crypto market and gain good profit as log as you have good analytical skill of trading. If you are skilled in trading you'll become a millionaire somday bitcoin is there you can not evaluate it with real currency as long as many people are not educated of the items bitcoin can do it will never be just as real currency.

[King Sastro]

I think cryptocurrency is better than regular currency, we can send money more safely, cheaper and of course faster than using bank services. and this is why everyone is convinced that the future of world transactions is cryptocurrency.

[AMHURSICKUS]

In my own opinion regular currency is better than cryptocurrency, because now we are living in paper money and all of us are relying in paper money. But if we implement a cashless society then that was the time that cryto currency is becoming better than regular currency, because all of us are use it and accept it.

[Omega Weapon]

No, unless society is used with cashless/electronic payment method and most people have smart device with internet connection. Also, cryptocurrency is practically useless in poor country.

Correct, bitcoin cannot replace currency in a country where not everyone has access to the internet, this is an issue since that means that bitcoin can only replace cash in a country that is rich enough to have a very high standard of living, but if they have such a high standards of living then that means that their economy is doing great and the citizens do not have a need to replace their currency.

[FoxHound42]

Yes, generally it may be said that cryptcocurrncyis pererable to a normal forex, the thing that is difficult for that federal government to accept is decentralization, maybe eventually there will be a government that can make a special cryptocurrency to replace the standard cash.e f

[CuriousGeorge]

Cryptocurrencies are better than regular currencies in some ways such as they provide us fast and cheap anonymous transactions within and outside the country. They are decentralized in nature which means government has no control over them so no tax is imposed on the transactions made through cryptocurrencies.More over we can keep a check on our money.No doubt regular currencies do not provide any such feature but regular currency is a traditional and trusted currency which can be used everywhere for our daily needs.Both cryptocurrencies and regular currency have there own benefits.So according to me we need both.

The most reason why it's best rather than regular currency is not just the cheap transactions or whatsoever, but the certain idea about it is decentralized type of currency. We have a freedom to use it in all ways without beibeinas long as it's adopted by people worldwide, then we can see to it that the advantages is greater than regular currency. But we still need to use regular currency for daily spending, and that crypto currency can be our sources of profitable income.

The current recommended fee for a transaction as mentioned in bitcoinfees.earn.com is 67,800 satoshi by using rate 300satoshi/byte meanwhile it's equal to $4.8 at the time I'm writing.
This fee only for a transaction with small size, doesn't matter whether you send 1$ or 1000$ if the size remains 226 bytes it will have the same fee, so If I send $5 to another wallet, there'll be only $0.2 arrived in the receiver wallet, can you explain from which perspective it's cheap?.

[alexzorgo]

Cryptocurrencies have still fundamental shortcomings in comparison with traditional currencies. They only at the beginning of way of own development. Mining of cryptocurrencies, I think, will consign to the past or will very strongly change. It is temporary stage in development of cryptocurrencies. I consider when smartphones replace home computers at most of users, then there will be growth of cashless payments and wide use of cryptocurrencies.

[appleffi]

As for my opinion, cryptocurrencies are better than regular currency, why ?, simply because it is not controlled by anyone which makes it more attractive. When your currency is controlled, the value is divided which is not so good in our part because someone is having a share on what we work hard for unlike in crytocurrency no one is in control with your money other than yourself, you get to own it all to yourself.

[JCO05]

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.

At this moment, Cash is still better than any cryptocurrency in terms of being a currency since cryptos are not yet legal to most of the countries ylunlike regular currencies such as USD, Euros and the likes. But as an asset, crypticurrency is surely better because it has a higher rate of increase on its market value because regular currency has a stable market value.

[killerfrost]

Yes, anyone can join and use Bitcoin, Bitcoin does not know age or gender, that's its advantage. Besides, I believe Bitcoin is better than conventional currency a lot of times because it protects your purse from stealing, stealing or forgetting to bring along because you can pay online through the phone or the other equipment. Besides, it has the potential to grow in the future, you can dig up to have it, conventional currency can not do it.

[Ingoats]

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 it is since cryptocurrencies are not just a currency but also an asset and a good investment because each of its market value are increasing as time passes by. So that's an advantage of cryptocurrency and at the same time a risk since the value of fiat are mostly stable. And due to that advantage of cryptocurrency, people are earning and making money from it.

[unknown-user]

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.

At this moment, no, it is not better than regular currency. Bitcoin together with other cryptos are not yet legal to most plcaes and to most of the countries. Also, the market value of mostly all cryptos including bitcoin is volatile which is a risk on being an investment and as a currency. Maybe in the future, it will be better in all aspects.

[StarofBTC]

I think that's true. cryptocurrency is better than the ordinary currency because crypto no third party if the currency is a bank. associated with banks and crypto-curency is easier and simpler because its use is very convenient and easy

Yeah for sure because it is now very easy to use the bitcoin and the crypto currency as the regular currency because all the people are buying the bitcoin and they are aware of to easy transaction and the time to time investment of the bitcoin now the transaction of the bitcoin is very easy and not the time taking because it has become very fast and the value of the bitcoin has become very high now.

[Getmon]

Apparently, we need both. Bitcoin is better than fiat currency in some ways. In the same manner that fiat currency is also better than Bitcoin in some ways. Bitcoin is much better because its price is always increasing. It is not better than fiat because it takes a lot of time before a certain transaction is completed unlike with fiat which is instant. There are always advantages and disadvantages to both Bitcoin and fiat.

[peterthegreat]

Cryptocurrencies are for sure better than regular currencies. But only the fully decentralized ones and BTC seems to be that. Monero I would say is the next closest one as Ethereum, which one IDK, is an absolute shit show and will be imploding when it switches to Proof of Stake. Well shortly after it will implode, but in the meantime people will still use it to speculate with.

[Sled]

Cryptocurrencies are for sure better than regular currencies. But only the fully decentralized ones and BTC seems to be that. Monero I would say is the next closest one as Ethereum, which one IDK, is an absolute shit show and will be imploding when it switches to Proof of Stake. Well shortly after it will implode, but in the meantime people will still use it to speculate with.

It doesn't matter as long as you know how to make money with those coins then that is the only thing that matters here. Cryptocurrencies are just a money maker field for me and only few of them are good for usage in the future but as of now, i'm sticking for being a trader because that is the way that i know that is profitable for the mean time.