Are cryptocurrencies better than regular currency

[tunctioncloud]

I indeed think they are better, because in term of privacy, it beats credit cards. However cash, while as private as crypto-currencies, lacks the ability to pay worldwide. In short, crypto-currencies are the perfect mix of credit cards for the ability to pay on the Internet and cash for privacy, so indeed it is better.

[suzukiy]

for me crypto currancy is better than regular money, because crypto is easier to use and faster in terms of delivery, because if send money between countries it will take longer than crypto

[OvertakingDupe]

These have their own pros and cons. Fiat will work for extremely fast dealings (After all money) and it is extremely fluid in small amounts. Bitcoin is the reverse. Hard to invest quick (right now anyhow) however it is ideal for big dealings.

[tn211]

These have their own pros and cons. Fiat will work for extremely fast dealings (After all money) and it is extremely fluid in small amounts. Bitcoin is the reverse. Hard to invest quick (right now anyhow) however it is ideal for big dealings.

Well yes but the difference is that traditional currency have served their purpose. Bitcoin as a currency has qualities which are served well in today's economy. Just compare it with paper money vs paypal. Then it was a revolution and now we have a way better revolution... Crypto.

In time many more will see that and we can expect good times... price wise.

[alani123]

The cryptocurrencies are better than the regular currency because of the way of us dealing with them. With the use of the internet it will become much easier for us to transact different type of transaction like buying things or services through online and with the cryptocurrencies. The world will have much lesser hassle in doing different kind of things because of the use of internet and the cryptocurrencies.

That's really something that would depend on each person's use case though. Crypto currency is better in certain principles but actual money still does better in terms of adoption and for means of exchange. Measiging the  quality if each is quite subjective.

[lady Royal]

No they are not better then regular currencies because they are not used everywhere like in villages we have to use cash or the local currency and like crypto currency we need internet everywhere and we need all the stores all the persons to accept it so it is really hard that it will become better then regular currency in any time.

[t3m4nc0k]

I think cryptocurrency is more abysmal than ordinary currency. because the usage is very easy and simple and the best is the absence of a third party from cryptocurrency. which is usually the third person is a bank. cryptocurrency does not require a bank for any transaction

[nethan1btc]

No they are not better then regular currencies because they are not used everywhere like in villages we have to use cash or the local currency and like crypto currency we need internet everywhere and we need all the stores all the persons to accept it so it is really hard that it will become better then regular currency in any time.

Yes I agree, Fiats can be used everywhere, but that it doesn't mean that things are not gradually going to digital with even the fiat currency. The population of people using fiat currency are now hugely dropping and most people are now using mobile system for their transactions. I am not saying cryptocurrency will take over fiat, but we will have a time that making transactions with crypto will become more easy.

[Black Angel]

True, in terms of comfort and security of course cryptocurrency is better than regular currency, in addition decentralization system on cryptocurrency provides an opportunity for anyone to improve the welfare.

[TiggerFresh]

I don't know however i think that each foreign currencies are made for a certain objective, and this is why in my opinion i cannot compare individuals foreign currencies which is which, and which is more advantageous for me, because I am using both currencies at this time, not every places you'll need fiat just like crypto also.

[Tukang Becak]

I'm not sure the state uses officially cryptocurrency, because it is decentralized it will be easy for someone to speculate about cryptocurrency, for example is a bitcoin that marketcap has reached more than 100 billion USD, but very volatile as up and down can reach tens of percent per day.

[Rebisco]

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 not! Fiat currency is still better than cryptocurrency. Because many people are still not yet aware to the cryprocurrency. I think cryptocurrency will not surpass fiat currency when it talks about popularity.

[xYakult]

At the end of the day, we need both cryptocurrencies and regular currencies. Yes, cryptocurrencies make our online transactions safer, faster, and better than other kinds of online transfers and the future is truly bright with it. But I don't think it will take over regular currencies. Physical money will always be there and 3rd world & conservative countries will definitely stick with "normal" money.

[FoxTheHuman]

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.

Although it has many positive aspects, but it has many negative aspects that you can not see. If you want to mining any altcoin you need to abandon a large amount of capital which is also its drawback.

[Estimated]

I think we need both, however I think cryptocurrencies will never exist without fiat. This is because right now the world still relies on fiat currencies to transact and we can't live without it yet. If, however we move on to digital, then probably fiat will lose its appeal.

[thedarksun]

Definately yes, why? Internet customers have easier life cause of the speed and better transparent information which internet offer to them, the same situation is with internet coins.

[andrei56]

That is like asking which is the best looking house in a bad neighborhood. I can’t say that I think cryptocurrency is better than fiat currency. Both are just a promise, and like bitcoin, many of our dollars do not physically exist either, they are digital.

I was reading an interesting article this morning by David Smith of the Morgan Report, and he was addressing this subject.

As David Morgan has said when referring to precious metals of late, “it will wear you out or scare you out” because of their sideways actions for the last several years, people are losing interest. But I always say, do what other are not doing, take advantage of the lower prices in precious metals.

Precious metals are a great investment and if you have the money to buy them that is great but bitcoin is better than fiat, bitcoin at least has a limit to the amount of coins there are going to exist while this is not the case with fiat and that makes bitcoin way better in my opinion.

[Wexnident]

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 really know. Indeed Bitcoin has a much larger market value than any kind of regular currency but still, it is volatile and fiat is not. Regular currency is mostly to be supported and legal thriughout most of the countri3s which is unlike Bitcoin wherein at thid moment it is not yet supported to most of the countries. So maybe, at this point, cash is still a better currency.

[HiringYou]

Cryptocurrencies are better than regular currencies in some ways such as they provide us fast and cheap anonymous transactions within and outside the country. They are decentralized in nature which means government has no control over them so no tax is imposed on the transactions made through cryptocurrencies.More over we can keep a check on our money.No doubt regular currencies do not provide any such feature but regular currency is a traditional and trusted currency which can be used everywhere for our daily needs.Both cryptocurrencies and regular currency have there own benefits.So according to me we need both.

[amaljinadasa]

Not always better than regular currency,the person who has web wallet he can not transfer BT without internet connection.