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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)
campica
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March 26, 2018, 02:28:48 PM
 #861

Not really, because if you look how much fee was for sending bitcoin when we had over 190 000 pending transaction per day.. Now imagine that everyone start using bitcoin instead of fiat or credit cards. Visa handles 140 million transactions per day. And second thing why cryptocurrency isn't better then regular currency is that price constantly change, today you have $100 and tomorrow $120 or $80.  So I think that cryptocurrency still didn't ready to replace regular currency.
Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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mlgblockchain
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March 31, 2018, 05:52:37 PM
 #862

At our current state, I think we need both crypto currency and regular fiat money. Crypto currencies will get better when the entire society starts to use it as currency. But this change cannot be made over one day. That's why we need both.
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March 31, 2018, 06:20:18 PM
 #863

Cryptocurrencies making you free from government, regular currency is centralized and you can't use it everywhere and always need to exchange and feel problems.

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March 31, 2018, 06:26:40 PM
 #864

I think yes, decentralization is better than centralization, cryptocurrency is certainly better than regular money, this is because with cryptocurrency we can more easily transact to the whole world, while regular money is too many rules that make people difficult to earn extra income because it uses the centralized system.


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scrototeabaggins
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April 08, 2018, 08:23:24 AM
 #865

It could be but it can’t be this time. If bitcoin can be use like credit cards or other wireless payment it could happen but if you use bitcoin as a payment online, you have to pay its fees which is not advisable.
yonjitsu
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April 08, 2018, 09:06:16 AM
 #866

Cryptocurrencies making you free from government, regular currency is centralized and you can't use it everywhere and always need to exchange and feel problems.

That's clearly because cryptocurrencies are decentralize and it's one of the best and easy way to purchase items online. It would be great if cryptos will finally replace fiat but the debate about this still continues as cryptocurrencies can't be transacted if you are not connected to the world wide web.

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April 08, 2018, 09:09:20 AM
 #867

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.

Bitcoin and other cryptocurrency is better from our paper money. Bitcoin or cryptocurrency have limited supply and with blockchain technology, bitcoin or other cryptocurrency have transparant ledger that can watch by everybody.
Finnsimon
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April 08, 2018, 10:52:15 AM
 #868

For now we need them both for still majority of us still using regular currency and bitcoin is not yet implemented in other countries, but I honestly say that cryptocurrencies is better for easier and faster trasactions and with lots of benefits.
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April 08, 2018, 09:58:36 PM
 #869

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.

Bitcoin and other cryptocurrency is better from our paper money. Bitcoin or cryptocurrency have limited supply and with blockchain technology, bitcoin or other cryptocurrency have transparant ledger that can watch by everybody.
But it does not mean the information of owner that Bitcoin, cryptocurrency address will be show for everyone. That is the reason Bitcoin is more anounymous than FIAT for using. Especially when you want to evade the eye of others to create a huge transactions for transfer or make deal.

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samycoin
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April 08, 2018, 10:06:16 PM
 #870

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.
My answer Is we need both because bitcoin ate we use to investment and to use a payment. But we need too our own currency to buy are needs too. They are both big help in our daily lives. We need to consider to some people that don't have ability to use bitcoin yeah i know bitcoin is better but we need too our regular  currency.

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April 09, 2018, 12:34:38 PM
 #871

In my opinion, its reliance upon the circumstance. Be that as it may, consistent cash is greatly improved because the acknowledgment of it is noticeable than cryptocurrency. Truly, some digital forms of money are boundless, and its group is tremendous. However general money is much prevalent. We realize that there are just a couple of organizations and foundation are ready and tolerating bitcoin and another cryptocurrency as installment or payment and on the off chance that you contrast genuine cash with bitcoin the acknowledgment of bitcoin and some advanced cash is exceptionally pitiful.
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April 09, 2018, 12:52:23 PM
 #872

I think cryptocurrency is better when you want to earn profit because you can use cryptocurrency as an asset for trading, etc.., unlike regular money, it is only use as a medium of exchange.
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April 09, 2018, 12:58:01 PM
 #873

 can't really say crypto currencies are better than fiat currencies or fiat currencies are better than crypto currencies. This is because if compare both the negatives and the positives aspect of them, you will come to realise that both of them should exist simultaneously.   
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April 09, 2018, 01:05:25 PM
 #874

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 this situation right now I'd try myself to dpend in crypto currency because of how the powerful it is to help my needs and the people I love.
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April 09, 2018, 01:48:13 PM
 #875

Bitcoin is a wonderful way to buy and earn money, but in our country it is not very convenient for them to use as few people know about it and there is no possibility for them to pay off somewhere.
cmacwiz
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April 09, 2018, 07:14:58 PM
 #876

In my opinion both crypto currency and regular currency are taking same importance. Crypto currency are new innovative but many people still doesn't know how to use it. And cryptocurrency need Internet and electricity for it access. But in case of regular currency you can use it anywhere anytime. You can use regular money with the help of Internet and without help of Internet.  the help of Internet And cryptocurrency are not accepted everywhere like regular currency and in many country they are ban too.if you earn crypto currency then you don't have to pay tax but you ear regular money you have to pay.  Smiley
awik p
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April 10, 2018, 08:23:08 AM
 #877

can't really say crypto currencies are better than fiat currencies or fiat currencies are better than crypto currencies. This is because if compare both the negatives and the positives aspect of them, you will come to realise that both of them should exist simultaneously.   
i think both have their own advantages and disadvantages, for now it is better to run simultaneously, but later with a high digital level, i think cryptocurrency is better, because many people looking for a efectively something

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April 10, 2018, 09:20:41 AM
 #878

can't really say crypto currencies are better than fiat currencies or fiat currencies are better than crypto currencies. This is because if compare both the negatives and the positives aspect of them, you will come to realise that both of them should exist simultaneously.   
i think both have their own advantages and disadvantages, for now it is better to run simultaneously, but later with a high digital level, i think cryptocurrency is better, because many people looking for a efectively something
They are both useful, but cryptocurrency is just new and it will take time until people will start using now.
Now, there are people using but it's risky if the one who will use did not understand the risk, maybe until the time the market will be stable, we can bring
in people with less risk.

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April 14, 2018, 12:07:02 PM
 #879

In my opinion, if this thread is a comparision between cryptocurrency and credit card or some virtual money can use for payment like Paypal, Advcash or Perfect money, it is more interesting than compare to regular currency. Because first of all, cryptocurrency can not use without internet connection, it means regular currency, included paper money, has more advantages than cryptocurrency to using for daily.
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April 17, 2018, 03:48:18 PM
 #880

At present time it’s not better than usual money but as time passes it’ll be popular and accepted. now we need them both
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