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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 19681 times)
raymart0720
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August 29, 2017, 09:25:38 AM
 #281

when it wil compare to cash cryptos like btc have higher rate means it better than the regular one currency right now..
I cant deny because 1 btc can be 400k$ when you exchange and it continues to bump up..
AND ANOTHER thing fees in bitcoin is much more smaller compare to the tax in regulating MONEY we have now
Divyam96
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August 29, 2017, 12:53:22 PM
 #282

in many ways cryptocurrencies are better than regular currencies and in many ways regular currencies are better than cryptocurrencies.
cryptocurrencies are better than regular currencies because its values keep on changing so it is very good for investing because profit rates are high with bitcoin it serves as extra money and it financially helps you.
whereas regular currencies are better than bitcoin because it is stable. its price does not fluctuate more often so there is no fear of loss there with the regular currencies also regular currencies are controlled by government and banks so any illegal activity can not be carried out by regular currencies whereas it can be carried out by bitcoin because it is not controlled by any government or bank.

Eugenar
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August 29, 2017, 01:02:04 PM
 #283

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.
In some ways, it is. Bitcoin is decentralized, its users find it an advantage because they can use their wealth as they like. Also, the rate of increase on its market value is way higher than regular currency. It is just that, regular currencies has physical market value, and since Bitcoin is a digital currency, it doesn't have. That's one of the advantages of regular currency. But Bitcoin is better than regular currency in terms of being more profitable.
rodel caling
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August 29, 2017, 01:10:25 PM
 #284

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 agree bitcoin is easy to use using online transactions like pay bills using my local wallet the coinsph, sometimes i need to convert into cash because not all establishment are accept bitcoin as payment like buy the foods or things i need, i hope the bitcoin someday accept in my country as payment in all store's or at all establishment like in the supermarket.
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August 29, 2017, 01:20:35 PM
 #285

No, many do not have the opportunity to connect to the Internet to use bitcoin and it is not accepted everywhere as a payment. It is still a long time that the Crypto-currencies become at the level with the usual money.
andrei56
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September 02, 2017, 10:48:18 PM
 #286

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.
Bitcoins does not have a safety net in the form of buyers protection but that is the price we need to pay for a currency that does not allow anyone to take your money away from you without your permission, so that is a drawback for bitcoin that is not possible to improve upon.
Kiddy0831
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September 03, 2017, 03:41:29 AM
 #287

Each has got its own goodness. Right now being an cryptocurrency user gives pride, because now the users all around the world is very low and secondly the virtual presence gives anywhere access. With regular currency the usability is easier and the acceptance is high, so each based on their own convenience prefer it.

Yes each of these has its own goodness. Depending on the usage. Because you can't trade directly bitcoin through physicaly and you can't trade directly regular currency through online in long distance transactions.
Superways
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September 03, 2017, 10:06:24 PM
 #288

Each has got its own goodness. Right now being an cryptocurrency user gives pride, because now the users all around the world is very low and secondly the virtual presence gives anywhere access. With regular currency the usability is easier and the acceptance is high, so each based on their own convenience prefer it.

Yes each of these has its own goodness. Depending on the usage. Because you can't trade directly bitcoin through physicaly and you can't trade directly regular currency through online in long distance transactions.
Exactly. Both are better and have their own strengths. It is the user who has to decide which one is better depending on the nature of its use. Both Crypto currencies and regular currencies have their own world and both are dealing well with the people playing and dealing with them. You can hardly discriminate amongst any of these.
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September 03, 2017, 10:51:04 PM
 #289

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 still better if we all holding both currencies which are the cryptocurrencies and real currencies because in our time, there are still states and countries who are not yet operating and accepting bitcoin because bitcoin may not yet been established or been legalize into their country. Also those currencies have different usage with regards to different situation because both have different specialization when it comes to usage. So it is still better if we hold both currencies.
yugyug
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September 03, 2017, 10:58:26 PM
 #290

crytpocurrencies and regular fiat currencies should both co-exist, but before the existence of digital currency we heavily rely on regular fiat currency as the  main medium of exchange for buying goods, services and bank transactions but for portability cryptocurrency has the greater advantage.
Jake Virus
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September 03, 2017, 11:17:04 PM
 #291

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.
Many people also think the way you do that is why you are investing into bitcoin cryptocurrency. But the fact is both are best in different situation in different times. We still need both type of currency to hold especially when you are travelling into other places that maybe do not operate bitcoin usage so you have to put in cash. Also coming into a country that prefer bitcoin, you can use your bitcoin. Both currencies have special specification at different needs so we still need to both.

Westfiled
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September 03, 2017, 11:20:25 PM
 #292

crytpocurrencies and regular fiat currencies should both co-exist, but before the existence of digital currency we heavily rely on regular fiat currency as the  main medium of exchange for buying goods, services and bank transactions but for portability cryptocurrency has the greater advantage.
The crypto value already pegged with the crypto currency, as far as i know all of the people already joined in the crypto currency have started with the fiat value to buy the crypto through the finansial institution such as the bank. This is already become an environment.

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September 03, 2017, 11:29:44 PM
 #293

I think that actually we need both, but i like the way i handle bitcoins right now, they are easy to use and spend in wherever you want.
Or probably it would be better if some stores and "big brands" start accepting bitcoin as a payment way.. that would make bitcoin more popular and people will feel interested in buying btc and then spending and using it as a normal currency.
I think that is the best way, but i dont think that bitcoin is better than dollar or any other paper currency.


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September 03, 2017, 11:48:28 PM
 #294

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.
In some ways, it is. But both crypto and fiat should co exist since there are still countries wherein cryptocurrency is no yet legal. Cryptocurrency is somewhat better because most of it are decentralized and the rate of increase on its marketvvalue are high, meaning, its value increases from time to time. The advantage of fiat or regular currency is that, it has a physical market value which makes its value more stable that it doesn't decrease often as cryptocurrency does.

Olivious
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September 04, 2017, 12:07:28 AM
 #295

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, bitcoin has no boundary and will excel more than the other currencies, also cryptocurrencies have no exact value because of the active volatility. We all benefits on that.
fasdorcas
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September 04, 2017, 12:16:27 PM
 #296

Each has got its own goodness. Right now being an cryptocurrency user gives pride, because now the users all around the world is very low and secondly the virtual presence gives anywhere access. With regular currency the usability is easier and the acceptance is high, so each based on their own convenience prefer it.

Yes each of these has its own goodness. Depending on the usage. Because you can't trade directly bitcoin through physicaly and you can't trade directly regular currency through online in long distance transactions.
Both currencies have their own importance in the economical world. It is pretty absurd to compare them with each other. They both have their own pros and cons, their own limitations. There is nothing wrong if both keep serving us the way they are doing now. At least I am enjoying using both.
Nasty23
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September 04, 2017, 12:43:04 PM
 #297

Each has got its own goodness. Right now being an cryptocurrency user gives pride, because now the users all around the world is very low and secondly the virtual presence gives anywhere access. With regular currency the usability is easier and the acceptance is high, so each based on their own convenience prefer it.

Yes each of these has its own goodness. Depending on the usage. Because you can't trade directly bitcoin through physicaly and you can't trade directly regular currency through online in long distance transactions.
Both currencies have their own importance in the economical world. It is pretty absurd to compare them with each other. They both have their own pros and cons, their own limitations. There is nothing wrong if both keep serving us the way they are doing now. At least I am enjoying using both.
Yes both of these are useful for everyone because of these currency we can buy and get all the things that we want but they also have limitation in order to avoid overspending from different people that use it and make the country become organize and help the citizen to provide their daliy needs.

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September 04, 2017, 12:54:49 PM
 #298

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
both is awesome because you can not easily use cryptocurrency in the real world right now. Moreover, the government will not let citizens to use bitcoin widely because it will make their national currencies doom. And without fiat, they can not control the country. Therefore, I think that we need both type of currency

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September 04, 2017, 02:08:26 PM
 #299

Yes they are better than regular currencies because they have a higher rate of interest than the possible interest of regular currencies in the bank and cryptocurrencies are not with inflation because they have deflation instead which is awesome for a currency and for people who want to escape from inflation per year.
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September 06, 2017, 11:31:38 AM
 #300

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, bitcoin has no boundary and will excel more than the other currencies, also cryptocurrencies have no exact value because of the active volatility. We all benefits on that.
I don’t really think so,  because anything  that has an advantage also has disadvantage. Yes,  bitcoin offers features that are way much better than what regular currencies can offer, but that doesn’t  place it on top,  because you will always need regular currencies in most cases than bitcoin
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