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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)
gene14
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October 25, 2017, 07:05:29 PM
 #581

For me btc is still the best cause it will rise up to 10000 USD while the other altcoins are question marked Smiley
astrid.uchiha24
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October 25, 2017, 07:23:01 PM
 #582

We need both the currencies because without the paper money or also known as fiat there will be no stability on the prices of goods and services because fiat is like the measuring stick of value of every things that could be purchased. As of cryptocurrencies, for me we don't need it before but because of progress the technology taking in, we cannot take advantage of the technology if do not use the digital currencies.

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October 25, 2017, 07:25:07 PM
 #583

Well perhaps Bitcoin has some advantages over credit cards like no age limit, no need to buy with money, we can dig them from the mine, but it needs a machine and very Easy to make your machinery ruin. However, I prefer to use credit cards because it is very handy, can be traded everywhere and easy to pay.

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October 25, 2017, 08:28:16 PM
 #584

if viewed in terms of security and speed, crypto currency is better than regular currencies,

but if viewed from the current usefulness of the regular currency is better than crypto currency,

so I think we need both ..
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October 25, 2017, 10:50:43 PM
 #585

if viewed in terms of security and speed, crypto currency is better than regular currencies,

but if viewed from the current usefulness of the regular currency is better than crypto currency,

so I think we need both ..

Yes agree, I think the thing that should be fixed from cryptocurrency is dependency with internet access, without internet then cryptocurrency will die, besides, transaction confirmation feels very long so if used for direct transaction can make a very long queue.
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October 25, 2017, 10:53:32 PM
 #586

In my opinion crypto currencies are a lot better than fiat money, because crypto is different and more profitable, and it help us not only to complete our deals and trades like the regular currencies, but also to making money.
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October 25, 2017, 11:04:53 PM
 #587

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.
That assumption was practically just based on your experience of having bitcoin in your life but we do also need real currency because admit it or not, both currencies have both benefits and usage depending upon the situation of when and where it is best to be use.  Having both currency can make you more flexible on handling money and gaining an income with both sides which is beneficial because sticking into just one currency will be a slow improvement and having both will be a good thing to do.

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October 25, 2017, 11:19:14 PM
 #588

Yes I strongly agree with you cryptocurrency bitcoin has more profitable money that easier with us to invest, to pay and more with out any hastle. But this both currency has a good value with us we need this for our daily routine life.
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October 26, 2017, 01:43:07 AM
 #589

See everything has two phases pros and cons.
Crypto is better than regular if it gets centralize. Crypto is more secure than regular because it is virtual currency.
Somebody can't steal it physically,he/she has to steal it technically.
Why crypto is not batter
Because it is totally depend on internet,if internet stops than crypto automatic stop. Regular currency has easy access by all the society's even poverty,middle class and upper class but crypto for those who has Computer or smartphone knowledge.

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October 26, 2017, 01:49:54 AM
 #590

They are both better in its own unique way, like for example crypto is good for investment, it is better than keeping your flat currency in the bank because Bitcoin price grows and your money can multiply to 1000% within a period of time unlike in flat money in the bank your money will increase only every year. But the problem with the crypto is that you cannot use crypto to buy yet in shopping malls or any market unlike flat currency you can use it anywhere you want without hassle. From that i can say that it is better to have both crpyto for investment and flat currency for daily use to get daily needs.
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October 26, 2017, 01:56:45 AM
 #591

I think not because not all people are used to cryptocurrency. Cashless transactions are often used by the millenials and not all people are using it so regular currency is better than cryptocurrency but i guess it will not take long sing more people are trying to learn how cryptocurrency work in the society.

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October 26, 2017, 02:33:28 AM
 #592

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.
There are still people who don't use or don't even know what is bitcoin even you say that it is open for all ages, the question is, it is afford by all ages? There is a probability that you will loose your online or offline wallet and it is hard to recover all the money worst you can't take it back unlike on cards you can still remind the banks for the loss of your money. But I didn't say that go for cards not to bitcoin, its just be practical according to your social strata.
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October 26, 2017, 03:02:45 AM
 #593

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.
There are still people who don't use or don't even know what is bitcoin even you say that it is open for all ages, the question is, it is afford by all ages? There is a probability that you will loose your online or offline wallet and it is hard to recover all the money worst you can't take it back unlike on cards you can still remind the banks for the loss of your money. But I didn't say that go for cards not to bitcoin, its just be practical according to your social strata.

Cryptocurrency and ordinary currencies are two very different things. So I think comparing these two things is a hassle. Both have their utility, uniqueness, and superiority.

I'll try to give an example, I personally use Bitcoin just for as an investment tool, nothing more. But I still use ordinary currency as a tool to pay bills and food everyday. I do not use Bitcoin for shopping because Bitcoin prices are always up and down. If I use Bitcoin when the price is going up it will make me lose. I'd better save the Bitcoin and wait for the price to go up.

The problem about anyone who can use Bitcoin, I think everyone can use Bitcoin. Even kids in Junior High School and High School can also use it.
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October 26, 2017, 03:06:52 AM
 #594

See everything has two phases pros and cons.
Crypto is better than regular if it gets centralize. Crypto is more secure than regular because it is virtual currency.
Somebody can't steal it physically,he/she has to steal it technically.
Why crypto is not batter
Because it is totally depend on internet,if internet stops than crypto automatic stop. Regular currency has easy access by all the society's even poverty,middle class and upper class but crypto for those who has Computer or smartphone knowledge.
Both has got its own goodness, so it's up to us to make use of it in the right manner. Digital currency is always better when it's used for large volume transactions as well for growth of our holdings. Here we doesn't have the increased accessibility, whereas with fiat we've increased access but the stable value doesn't give us a big growth.
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October 26, 2017, 03:22:24 AM
 #595

Cryptocurrencies and Regular Currency have differences there are other crypto that is not used for payment and its just created for the sake of having ICO's though there are some that are really legit and very promising while regular currency is used in our daily lives.

Nathland
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October 26, 2017, 04:17:15 AM
 #596

I think cryptocurrencies are way better than the regular currency.  Cryptocurreny come with so many advantages,  like It's global currency, meaning you can transact to different countries it's easier since you don't need to convert your local money to their local money.  Whereas it is not that much easy in regular currency. Though both are financial instruments, but it has quite different  used. Fiat or paper money is used daily in our daily needs from groceries,food transportation and many more while bitcoin is mostly on online transactions.We are not well connected digitally where we can used bitcoin for anything.Possibly in the future it will happen.
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October 26, 2017, 04:18:31 AM
 #597

Cryptocurrencies and Regular Currency have differences there are other crypto that is not used for payment and its just created for the sake of having ICO's though there are some that are really legit and very promising while regular currency is used in our daily lives.
A lot of developer and geeks who come with new and unique idea. We will find many different reasons to create altcoin in each  their's white papers. Regular currency has some disadvantages. For example trading with people internationally often involves the management of one or several third parties such as bank, it is making a simple exchange more complicated. Sathosi was solve this problem by creates bitcoin, it is provide instantaneous, low fees and reliable way of exchanging goods and services with people over the world.

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October 26, 2017, 04:20:33 AM
 #598

Cryptocurrencies and Regular Currency have differences there are other crypto that is not used for payment and its just created for the sake of having ICO's though there are some that are really legit and very promising while regular currency is used in our daily lives.

The basic purpose of all the crypto-currencies is for making payments. But nowadays because of speculation the exchange rates are rising by as much as 1,000% every month for certain currencies, and in such cases the holders may be less inclined to use them as a currency. Unless the exchange rates stabilize, the crypto-currencies may be primarily used as a form of investment.

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October 26, 2017, 06:53:51 AM
 #599

For me cryptocurrency is better in so many ways such as it is handy, secured and decentralize. On the other hand, regular currency will be needed to convert digital currench to fiat.

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October 26, 2017, 01:43:28 PM
 #600

Cryptocurrency works with the internet so that if there is any internet interruption then there is no transaction, this is of course the state's consideration to use cryptocurrency so I think the current currency is better than cryptocurrency.
Crypto currencies no doubt greatly depends on internet. As far as crypto currencies and regular currencies are concerned, I think both are equally good at their own places. If you are talking form investment point of view, then crypto currencies are far better than other currencies. While for spending money and meeting your daily based needs, regular currencies are better.
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