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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)
bitbob82
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October 12, 2017, 11:57:57 PM
Last edit: October 13, 2017, 12:18:25 AM by bitbob82
 #521

I don't think that the cryptocurrencies are better than regular currency, because just like the regular currencies, the cryptocurrencies have also problems and disadvantages. For example, the fees or the security situations can sometimes become big problems for cryptocurrency users. And also it is not possible for now to use cryptocurrencies in every area of our daily life.
I think that in modern time we need to have both, becaue it is difficutl to depend only on one, i think for local purpose it is is best option to use fiat currency, but for shopping abroad or for online purpose the best option is to use online currney and in this regard i think bitcoin is best option as which is the first create altcoin and the users of bitcoin are more than anyother fiat currency.
real eyes realize
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October 13, 2017, 11:03:40 AM
 #522

I don't think that the cryptocurrencies are better than regular currency, because just like the regular currencies, the cryptocurrencies have also problems and disadvantages. For example, the fees or the security situations can sometimes become big problems for cryptocurrency users. And also it is not possible for now to use cryptocurrencies in every area of our daily life.
I think that in modern time we need to have both, becaue it is difficutl to depend only on one, i think for local purpose it is is best option to use fiat currency, but for shopping abroad or for online purpose the best option is to use online currney and in this regard i think bitcoin is best option as which is the first create altcoin and the users of bitcoin are more than anyother fiat currency.

I agree with you. Maybe I should have continued writing about the advantages of btc and the other cryptocurrencies. Of course the cryptocurrencies are better than regular currencies from many directions, but as you said, we need to have both.
andrei56
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October 13, 2017, 05:25:10 PM
 #523

If bitcoin is used worldwide i consider it a yes.  But now, a large portion of the population is not familiar with it especially in those in 3rd world country like mine.  Tangible cash is still consider the best. We can use bitcoin in our country if we convert it to cash.
Bitcoin is not going to be adopted with the same speed in all the countries of the world, most of the time the richer countries adopt new technologies first and then poorer countries follow them, so take advantage that not may people in your country know about bitcoin and make money that way.
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October 13, 2017, 05:54:48 PM
 #524

They are, because they are created by people and for people. And you control your coins, not bank or other regulator.
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October 14, 2017, 12:10:59 PM
 #525

If bitcoin is used worldwide i consider it a yes.  But now, a large portion of the population is not familiar with it especially in those in 3rd world country like mine.  Tangible cash is still consider the best. We can use bitcoin in our country if we convert it to cash.
Bitcoin is not going to be adopted with the same speed in all the countries of the world, most of the time the richer countries adopt new technologies first and then poorer countries follow them, so take advantage that not may people in your country know about bitcoin and make money that way.

But it really depends, do you even think governement will accept this kind of coin instead of their currency? And do you think big whale is some kind of company that money laundring their money into this kind of thing? I believe not, because only each one of them that hold huge amount of coin and be together controlling the market price
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October 14, 2017, 12:24:59 PM
 #526

Yes if the security of the website who is holding the currency won't be hack from those greedy individual

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October 14, 2017, 12:29:52 PM
 #527

If bitcoin is used worldwide i consider it a yes.  But now, a large portion of the population is not familiar with it especially in those in 3rd world country like mine.  Tangible cash is still consider the best. We can use bitcoin in our country if we convert it to cash.
Bitcoin is not going to be adopted with the same speed in all the countries of the world, most of the time the richer countries adopt new technologies first and then poorer countries follow them, so take advantage that not may people in your country know about bitcoin and make money that way.

This is what I am talking about countless times before adapting digital currency around the world. It is true that in the near future, the technology will inevitable advance towards the digital revolution but we need to consider that there are still developing countries focused on fixing their current problems regarding the economy, rather than prioritizing internet connection across their country. Every country's advancement and progression is different from each other. Hegemonic countries like the U.S.A and Japan (in terms of economy) have their goals inclined towards technological innovation compared to countries that are on the short end of the stick.
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October 15, 2017, 04:58:09 PM
 #528

I feel that the forex and the typical currency should exist together, these are two distinct directions. The common forex is good to make tiny purchases, and the crypto currency can be utilised as an expense.
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October 15, 2017, 05:45:59 PM
 #529

Yes if the security of the website who is holding the currency won't be hack from those greedy individual
Very well! The security matters a lot in the past the value of the bitcoin was not the high and the price was not able to make us earn the amount we are enjoying today, the regular currency is the same as the fiat money to use but it is not easy to hold the money for the sake of the low time increment. In the past a lot of people were using the bitcoin and they used the crypto currency as the most wanted currency of the world.
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October 16, 2017, 01:51:12 PM
 #530

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 currency was absolutely better than regular currency, why? because in crypto you are able to earn by simply doing trade in the platform market, while money you to have a job before you have it.
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October 18, 2017, 09:02:45 AM
 #531

For me nowadays is certainly the world of cryptocurrency is in a lot of folks get pleasure from. Because in the entire world cryptocurrency is far more sensible in its use than employing regular funds. As an case in point now I prefer to use bitcoin payments when shopping
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October 18, 2017, 12:37:56 PM
 #532

I think crypto currencies are better than regular currency.

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andrei56
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October 18, 2017, 09:38:18 PM
 #533

If bitcoin is used worldwide i consider it a yes.  But now, a large portion of the population is not familiar with it especially in those in 3rd world country like mine.  Tangible cash is still consider the best. We can use bitcoin in our country if we convert it to cash.
Bitcoin is not going to be adopted with the same speed in all the countries of the world, most of the time the richer countries adopt new technologies first and then poorer countries follow them, so take advantage that not may people in your country know about bitcoin and make money that way.

But it really depends, do you even think governement will accept this kind of coin instead of their currency? And do you think big whale is some kind of company that money laundring their money into this kind of thing? I believe not, because only each one of them that hold huge amount of coin and be together controlling the market price
I do not think it really matters whether a government wants to accept bitcoin or not, it is the people that matters, if the people of a country wants to adopt bitcoin then it does not matter if a government bans bitcoin, at some point the pressure to legalize bitcoin will be so big they will have to adopt it whether they like it or not.
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October 18, 2017, 09:49:53 PM
 #534

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.
Governments issue currencies are subject to a lot of laws and manipulation,  that is why we see the rich getting richer and the poor getting poorer. Bitcoin was invented to destroy this financial injustice and manipulation. Remember in Crypto currencies  you are your own bank.
today many of the governments of countries in the world are reviewing what is Bitcoin,
for now conventional currency may be better and we need both

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October 18, 2017, 10:17:33 PM
 #535

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 currency was absolutely better than regular currency, why? because in crypto you are able to earn by simply doing trade in the platform market, while money you to have a job before you have it.

I think that it is so early to say about that, because currently we are not able to use bitcoin for everything but can use bitcoin in a limit. i think that the use of bitcoin is generally common in rich and developed countries while in backward and third world countries people do not have any knowledge about it and they even do not have the facilities of INTERNET and computer.
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October 18, 2017, 10:21:09 PM
 #536

What's difference between these curriencies? Bitcoin= some $ and some $=Bitcoin too, so for paying who cares? Difference is between payment way. Regulsr currency can't be sent as bitcoin and there is nothing similar of blockchain here. But convert that regular currency into bitcoin, send it and then convert again. You get what you had in past. Also difference is that bitcoin is very changeable. If we lost visa card or funds online, we can recover them but if we lost bitcoin wallet keys, then all money is lost.

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October 18, 2017, 10:32:40 PM
 #537

For me nowadays is certainly the world of cryptocurrency is in a lot of folks get pleasure from. Because in the entire world cryptocurrency is far more sensible in its use than employing regular funds. As an case in point now I prefer to use bitcoin payments when shopping
The number of bitcoin users are increase,but people are more like to use bitcoin as investment rather than for shopping. Bitcoin is an attractive investment asset, so its makes bitcoin prices rise. Bitcoin is better than regular currency because the value is increase unlike regular currency.

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October 18, 2017, 10:37:07 PM
 #538

What's difference between these curriencies? Bitcoin= some $ and some $=Bitcoin too, so for paying who cares? Difference is between payment way. Regulsr currency can't be sent as bitcoin and there is nothing similar of blockchain here. But convert that regular currency into bitcoin, send it and then convert again. You get what you had in past. Also difference is that bitcoin is very changeable. If we lost visa card or funds online, we can recover them but if we lost bitcoin wallet keys, then all money is lost.
It's hard to compare though but since it's already there, alright. Before when I was still in a job I am working with,I could say that having my salary within half of the month is already a fulfillment to me because that was my first experienced work. So I think O considered it memorable for me to see my hard earned money working more than 8 hours a day. I felt exhausted but I had to work and get paid. Unlike bitcoin as a cryptocurrency,I was amazed by its goodness which I never thought existed. I could see a big difference and I think bitcoin has it and it's better than regular currency.
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October 18, 2017, 11:24:23 PM
 #539

When we want for faster and easier transactions of course, digital currency is the best. The only thing that matter with fiat currency is its price stability but less chance to earned big profit compared bitcoins or any cryptocurrencies.
In some areas, local currency also taking advantage over digital because it is been accepted in any transactions made locally but in general digital current is not considered as the best at this time. But it is on that way to take over local currency.
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October 18, 2017, 11:26:06 PM
 #540

Yes, the cryptocurrencies are better than regular currency in so many ways like fast transactions, security, and a lot of other things and are 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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