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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)
andrei56
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August 06, 2017, 12:07:42 AM
 #181

Bitcoin has so many limitations that can make one to comfortably say regularly currency is far better as compared to bitcoin. Some of the limiting factors include the following. Bitcoin cannot be use offline, bitcoin transactions charges is too high, not everybody know more about bitcoin etc.
Bitcoin is not perfect, so it is natural that there are limitations to what we can do with our bitcoin but I do not have a  doubt in my mind that the benefits of bitcoin outshine its downsides, for example bitcoin is decentralized, no one can take your bitcoin, bitcoin does not belong to any country, you can carry your bitcoin anywhere and you can earn a lot of money by just holding.
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August 06, 2017, 05:12:53 AM
 #182

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.
Its true that bitcoin/altcoins are really better than regular currency. Because of the volatility many of the users are gaining benefit  from it compare to the real money. Bitcoin was a very safe one to make savings for the future, it is good too because of decentralization that bitcoin has.
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August 13, 2017, 01:36:51 PM
 #183

I think both are equal. They have both advantages and disadvantages to each other. There's no need to compare that. They're both helpful and useful to people so that they afford to satisfy their needs. Though they have different concept, they have only one common use: to transact and spend on products and services
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August 13, 2017, 02:19:59 PM
 #184

they both coexist with a reason, but maybe in future we dont need fiat anymore.

I am looking forward for certain country to only use crypto in their daily activity

Blah blah
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August 13, 2017, 02:29:38 PM
 #185

I have voted in favour of Both because I think we need the both of the currencies. See, no doubt that crypto currencies will have their dominance in fund transfer industry in the coming years but still there will be people who will use fiat currencies. The basic need for the cryptocurrencies is the internet and we must realise the fact that not everyone is capable of using the internet for one or more reasons so for them we can't completely ignore offline fiat transactions. Yes, crypto currencies are better than fiat currencies in terms of utility but still, we need both.
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August 15, 2017, 01:36:25 PM
 #186

they both coexist with a reason, but maybe in future we dont need fiat anymore.

I am looking forward for certain country to only use crypto in their daily activity
Anyone who’s going to decide to live by relying on Bitcoin, you are sure as hell dead, because there is no way you can buy and sell goods. Bitcoin is just a powerful tech stock for getting rich. And once you make an investment, you’re getting rich. You need to fiat to be able to spend your bitcoin, because fiat is the real money.
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August 15, 2017, 02:28:56 PM
 #187

Of course, no, cryptocurrencies is not better than regular currency. because for first it is not real money, and most people do not know about cryptocurrencies, Good way is investing on crypto and then convert it into real money and get profit

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August 15, 2017, 02:33:56 PM
 #188

It is now such a situation. I am sure that soon everything will begin to change. We are now seeing active modernization of bitcoin. I hope this will mean that transactions would be faster, and the cost of small transactions will be cheaper. This will help to develop trade with bitcoin and we will get all other possibilities.
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August 15, 2017, 02:47:52 PM
 #189

I believe bitcoin is better though we both need the fiat and the crypto.  Bitcoin can be earned by any gender and any class.  Students are one of the biggest earners of bitcoin.  Unlike the regular currency, bitcoin can be earned whatever time and at your own convenience just being by your house.  Unlike regular currency wherein you really have to exert effort physically and exposing yourself.  Both are good yet for me bitcoin is better.
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August 15, 2017, 04:46:49 PM
 #190

I have voted in favour of Both because I think we need the both of the currencies. See, no doubt that crypto currencies will have their dominance in fund transfer industry in the coming years but still there will be people who will use fiat currencies. The basic need for the cryptocurrencies is the internet and we must realise the fact that not everyone is capable of using the internet for one or more reasons so for them we can't completely ignore offline fiat transactions. Yes, crypto currencies are better than fiat currencies in terms of utility but still, we need both.
Definitely we are bound to use both currencies. We are in need of both of these currencies so that our businesses and other things run smoothly. Whole world will never agree for the replacement of fiat with digital currencies completely. The major issue becomes the maintenance of the internet.
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August 15, 2017, 10:53:06 PM
 #191

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, cryptocurrency is indeed better than fiat in lots of ways. There's a bigger rate of inflation in cryptocurrency, compared to regular currency. The only downside of cryptocurrency is that, fiat is more stable in terms of their market value. All cryptocurrency are volatile. Fiat are sometimes having decrease on its value but not as big as in cryptocurrency even if in cryptocurrency, increases, in terms of itsarket value, at a bigger rate than fiat. I think it is because of the reason that most of the cryptocurrency are decentralized.

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August 15, 2017, 11:22:24 PM
 #192

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 don't think that cryptocurrency is better than regular currency, because we need real money to buy our needed. Yes we can have money through the bitcoin and its great help for us. I think it will be better if we buy through bitcoin directly.

 
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August 16, 2017, 02:00:36 AM
 #193

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 don't think that cryptocurrency is better than regular currency, because we need real money to buy our needed. Yes we can have money through the bitcoin and its great help for us. I think it will be better if we buy through bitcoin directly.
It depends i do think that many of the sellers would agree to this because the price fluctuates and we can only pay the exact amount with fiat money. It is not easy for the government to be used bitxoins with that unlikely for the bitcoiners who have money and wanted only to make more bitcoins by paying them in BTc amount.
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August 16, 2017, 04:38:03 AM
 #194

On the ideal part of using the cryptocurrency, yes it is. As well know fiat money is controlled by a centralized agency which is the Federal Reserve System.
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August 16, 2017, 05:06:26 AM
 #195

Of course, no, cryptocurrencies is not better than regular currency. because for first it is not real money, and most people do not know about cryptocurrencies, Good way is investing on crypto and then convert it into real money and get profit
Yup, although cryptocurrencies is virtual, not real like regular currency, but this define about cryptocurrency as your tell just in present. I believe in future will have a revolution in our system payment and currency, as use Visa/Mastercard in recently more than use paper money for shopping. Wink


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August 16, 2017, 11:20:25 AM
 #196

Of course, no, cryptocurrencies is not better than regular currency. because for first it is not real money, and most people do not know about cryptocurrencies, Good way is investing on crypto and then convert it into real money and get profit
Yup, although cryptocurrencies is virtual, not real like regular currency, but this define about cryptocurrency as your tell just in present. I believe in future will have a revolution in our system payment and currency, as use Visa/Mastercard in recently more than use paper money for shopping. Wink
The cryptocurrencies are better than the regular currency and also for the visa/mastercard because if we will have a chance to overcome all those things then we can see a better world which consists of decentralized cryptocurrencies that are more powerful than the regular currencies and also visa/mastercard.
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August 16, 2017, 11:23:39 AM
 #197

On the ideal part of using the cryptocurrency, yes it is. As well know fiat money is controlled by a centralized agency which is the Federal Reserve System.

Being a centralized and decentralized has it's own advantage and disadvantage depends on the preference of the trader. But I agree with you that currency that doesn't control by government is good because the innovation of the currency and price inflate is limitless compared to centralized currency.

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August 16, 2017, 11:25:07 AM
 #198

Each has got different usage. When we think about digital currencies, it has got only the virtual presence as well the usage opportunity is low compared to the regular currency. Here the profiting chances were high. With regular currency due to the increased market circulation the usage is much easier.
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August 16, 2017, 11:28:13 AM
 #199

On the ideal part of using the cryptocurrency, yes it is. As well know fiat money is controlled by a centralized agency which is the Federal Reserve System.

Being a centralized and decentralized has it's own advantage and disadvantage depends on the preference of the trader. But I agree with you that currency that doesn't control by government is good because the innovation of the currency and price inflate is limitless compared to centralized currency.
Knowing that government can't put tax in a world that even candies have tax. It's really effective that crypto ecist it can be a good source of income and more efficient in doing transactions.

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August 16, 2017, 11:42:04 AM
 #200

On the ideal part of using the cryptocurrency, yes it is. As well know fiat money is controlled by a centralized agency which is the Federal Reserve System.

Being a centralized and decentralized has it's own advantage and disadvantage depends on the preference of the trader. But I agree with you that currency that doesn't control by government is good because the innovation of the currency and price inflate is limitless compared to centralized currency.

Agree. And wont be controlled by our governments. Though the problem  now is government if they would try to make the decentralized money into centralized and that will happen if bitcoin.is gettting famous after a more years
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