Are cryptocurrencies better than regular currency

[andrei56]

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.

Crypto currencies are better than regular currencies because they are free from inflation especially bitcoin.More over,they have a tendency of growing with increase in demand for them whereas regular currency just remains the same with no such big difference.Investors in crypto currencies need not gt feared about their investment being devalued as it was earlier done in india by devaluing high value notes.

Your first statement is not correct, bitcoin is not free of inflation, every single day more coins are added to the system by the miners, yes there is a cap of 21 million coins but not all those coins have been mined yet and every time a new coin is mined there is small amount of inflation in bitcoin.

[Rinder]

The last hit from btc-e made me realize we are vulnerable to the countries power and influence, sure the ownwer need to take care its business, and shouldnt support stolen money, but those made me realize we arent soo freedom as we think we are, even bein at crypto world, there are some risks. Fiat i do use to my daily needs, while bitcoin is being used for future purposes.

[orions.belt19]

Cryptocurrency has its advantages that regular currencies doesn't. With regards to convenience, regular currency is still better than cryptocurrencies because you can transact easier with it. Also, regular currency is accepted more in the various areas like in retail and the market. Cryptocurrencies have transaction fees, and sometimes the numerous confirmations makes it have a long time to transact.

If cryptocurrencies were to improve and allow its users to transact easily, then it would be better than regular currency.

[TropicalDog17]

Well, in real life maybe regular currency is better than cryptocurrency. But people prefer crypto because it is easy to invest, its anonimity,and secure

[DrGuns4Hands]

for me i believed that crypto is so much useful than regular currency im using bitcoin as my daily money which i used to buy goods for my living. there's alot of company whose accepting bitcoin as a payment that's the reason why im glad that they're adapting bitcoin too. bitcoin also makes my money goes to double or triple some times than regular putting money on a bank which does not give you enough profit.

[Kaller]

Yes and no. Crypto has many pros and cons. It depends what you need in your personal life and if you have the resources in your country to live off of, or buy/sell Bitcoin. If not, then crypto probably isn't for you (at least right now).

[nakata90]

Well, in real life maybe regular currency is better than cryptocurrency. But people prefer crypto because it is easy to invest, its anonimity,and secure

And reason important cryptocurrency still not get accept from government and company in most country on the world's. So cryptocurrency need improve more ecosystem and prove it can replace regular currency in future.

[Ayiranorea]

Yes and no. Crypto has many pros and cons. It depends what you need in your personal life and if you have the resources in your country to live off of, or buy/sell Bitcoin. If not, then crypto probably isn't for you (at least right now).

As the user stated both has got its own good and bad. So one need to select the one that makes him/her convenient as well provides with a good earning. Present time bitcoin might have got low acceptance as well usage,  but thinking of the future and investing is the right way to benefit out of bitcoin.

[jonosutio]

I hope the cryptocurrencies are better because the first cryptocurrencies that do not work offline and moreover the transaction costs are very high, and this can not be used for small transactions because the cost is very high.

[audaciousbeing]

I hope the cryptocurrencies are better because the first cryptocurrencies that do not work offline and moreover the transaction costs are very high, and this can not be used for small transactions because the cost is very high.

The cost in recent times has been lower compared to what was witnessed in the past few months which even led to the August 1 saga but I hope we will start reaping the benefit of such very soon. On the other hand, I feel the two should coexist to take care of the needs of the categories of people we have in the society. For example, there are some people who are very conversant with the use of the internet, they wont have to struggle with bitcoin usage while others on the other hand will need Fiat to carry out their normal financial transactions.

[yoonah]

Well, in real life maybe regular currency is better than cryptocurrency. But people prefer crypto because it is easy to invest, its anonimity,and secure

Correct people prefer to invest in cryptocurrency because its easy to gain profit and the transaction is faster and its easy it use as long as you have knowledge how to use computer.

[passwordnow]

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 had to admit that crypto currencies for me are better. With your explanation about credit card and cash, it's why I like to use crypto's. Though the acceptance of bitcoin is still limited it is not that popular here in my country for now. But there are some other bitcoin users so and it's one of the best way to purchase.

[Shutup]

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.

Yes I agree that cryptos now is better than regular currency although their rate is volatile but it gives good benifits to those holders of bitcoins.And also it has the quick transact to make everything payments easy. And if ever this cryptos will use all over the world.All transact will be in order and more convinient.

[Zadicar]

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 had to admit that crypto currencies for me are better. With your explanation about credit card and cash, it's why I like to use crypto's. Though the acceptance of bitcoin is still limited it is not that popular here in my country for now. But there are some other bitcoin users so and it's one of the best way to purchase.

Even though we do like for cryptocurrencies to be the main thing here but we cant just really let those traditional things behind since its being majorly used on our daily living and as you said there are places on which bitcoin and other coins coins can be used which means we would really still stick up on using fiat currencies thats why i do select on the poll on having both things would be a best choice as of now.

[bitbunnny]

Maybe cryptocurrencies aren't better because they are not so accepted in real world and you can't use them everywhere and for everything but they are a very useful and convenient alternative. It's good to use both then you can combine when and where something suits you best. For people who don't trust/love banks and aren't neccesary tied to them because of salary, loans, credit cards etc. cryptocurrencies are great choice.

[passwordnow]

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 had to admit that crypto currencies for me are better. With your explanation about credit card and cash, it's why I like to use crypto's. Though the acceptance of bitcoin is still limited it is not that popular here in my country for now. But there are some other bitcoin users so and it's one of the best way to purchase.

Even though we do like for cryptocurrencies to be the main thing here but we cant just really let those traditional things behind since its being majorly used on our daily living and as you said there are places on which bitcoin and other coins coins can be used which means we would really still stick up on using fiat currencies thats why i do select on the poll on having both things would be a best choice as of now.

No doubt that traditional way of buying things, paying services and money will always be preferred with cash. We are used to this way of transacting from the people. Oh well I have to consider it that having both things will still be reliable as usual. Because cash is still the main thing that we have to use in traditional transactions.

[iram1011]

I have always believed that Bitcoin or cryptocurrencies as major are built in a way that they can only coexist with fiat currency or any kind of national centralised currency of a country, but can't eliminate it.

Both have their benefits. Cryptocurrencies on one hand help in online transactions, trading, investment, anonymity etc. Then on other hand regular currency is best suited for day to day transactions. I doubt there is any cryptocurrency available which can match the ease and speed of cash transactions. Also the volatility of cryptocurrency will create a problem in economic development of a country. Regular currency is best suited for that.

We need both of them as for now.

[bitllionaire]

for me i believed that crypto is so much useful than regular currency im using bitcoin as my daily money which i used to buy goods for my living. there's alot of company whose accepting bitcoin as a payment that's the reason why im glad that they're adapting bitcoin too. bitcoin also makes my money goes to double or triple some times than regular putting money on a bank which does not give you enough profit.

to me i think that bitcoin is too much useful but currency we cannot get get benefit form it  as currency. but i am sure that when bitcoin will become more popular and the users of bitcoin will increase then we will get the real benefit of bitcoin.

[notyours]

Cryptocurrencies is a better than Fiat (currency) . The Bitcoins and other crypto Flactuating price while currency fiat money not so if you have 1$ this is 1$ forever  and in Bitcoins and other Altscurrency can make a 1 PCs of coins into 1$ or even 1,000$ or more.  And the biggest advantage of alts vs fiats is a becoming a millionaire even the 1 PCs of Altcoins. So think what'd is better the fiat money the remains on its value forever or a altcurrency that can make a 1 PCs of coins into a thousands dollar.

[AK47-]

Cryptocurrencies is a better than Fiat (currency) . The Bitcoins and other crypto Flactuating price while currency fiat money not so if you have 1$ this is 1$ forever  and in Bitcoins and other Altscurrency can make a 1 PCs of coins into 1$ or even 1,000$ or more.  And the biggest advantage of alts vs fiats is a becoming a millionaire even the 1 PCs of Altcoins. So think what'd is better the fiat money the remains on its value forever or a altcurrency that can make a 1 PCs of coins into a thousands dollar.

But that feature of fiat currency ultimately makes it a better day to day currency than volatile cryptocurrency. For the nation growth, stable currency is very much required for attracting foreign investment and thus strengthening the economy. Cryptocurrency indeed have a huge list of benefits. But fiat can't be ignored too. They both will most likey coexist.