Ninciabr
Newbie
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Activity: 56
Merit: 0
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April 17, 2018, 03:55:55 PM |
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To make money using mining, you need to first buy video cards in the store. And they don't accept bitcoins.
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Odelkaleng
Newbie
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Activity: 80
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April 17, 2018, 04:47:11 PM |
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They all have their good and bad sides , example once you send bitcoins to the wrong address your cash is gone, but fiat, you can trace it and if lucky get it back, also fiat can be used in the physical world .. bad sides of fiats also is government can know how much you are worth especially using your bank account and might question you the source of income, also banks accepts it making it safer to keep, with crypto after you have lost your private keys, say bye bye to your coins
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Markperop
Member
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Activity: 448
Merit: 10
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April 17, 2018, 05:53:38 PM |
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They all have their good and bad sides , example once you send bitcoins to the wrong address your cash is gone, but fiat, you can trace it and if lucky get it back, also fiat can be used in the physical world .. bad sides of fiats also is government can know how much you are worth especially using your bank account and might question you the source of income, also banks accepts it making it safer to keep, with crypto after you have lost your private keys, say bye bye to your coins
The fact is that one should not focus on problems with the government because in any case we have a crypto currency and is legalized and yo-yo controls the government, and on the other hand a complete ban on financial transactions with the crypto currency in some countries, and hence the absence of legal business with the help of crypto currency.
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HELLO EVERYONE.
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Blackmet
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April 17, 2018, 08:26:04 PM |
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Any cryptoccurency are different from fiat and it's very hard to compare everything. Crypto have many disatvantages too and better to waste your time to analyse this question.
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natka
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April 17, 2018, 09:06:11 PM |
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Any cryptoccurency are different from fiat and it's very hard to compare everything. Crypto have many disatvantages too and better to waste your time to analyse this question.
I think that here it is possible to determine a certain pattern, because the crypto currency is extracted easier for the common man than to earn real money in real work.
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tylerderden
Copper Member
Legendary
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Activity: 1162
Merit: 1025
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April 20, 2018, 04:23:59 PM |
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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.
No I don’t think regular currency is better than bitcoin this is because firstly, regular currency is way more popular than bitcoin and regular currency has way more users than bitcoin throughout the world. Then real money is accepted everywhere around the world whereas bitcoin is not accepted everywhere around the world. Real money is trusted by most of the people around the globe whereas bitcoin is not accepted by most of the people.
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BitcoinPaw
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April 20, 2018, 06:15:40 PM |
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Cryptoccurencies are just different from fiat and it's wrong to compare them like this. Statistics says that crypto becoming more popular than fiat and it means that people want to use crypto.
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stayeduptolate
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April 20, 2018, 06:23:03 PM |
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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.
It’s true that bitcoin has gained a lot of popularity and since it has started and in that process it has also gained a lot of users around the world but still I don’t think that bitcoin is better than the regular currency. This is because firstly real currency is way more popular than bitcoin and real currency has Way more users than bitcoin because of which real currency is accepted everywhere around the world where as bitcoin is not accepted everywhere around the world.
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Spaffin
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April 20, 2018, 06:41:46 PM |
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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 provides a lot of financial freedom and convenience when it can be used through transactions. However, it is by no means possible in all cases to directly use crypto-credit as payments for the purchase of goods and the payment of the services provided. In my country, it is very rare to find outlets where you could pay off the crypto currency. Therefore, in most cases, in order to use the crypto currency, I must first exchange it for my local national money. Therefore, I believe that while the crypto currency has not yet reached a mass implementation, you need to have a crypto currency to be able to earn in it, and fiat, so that you can make purchases and maintain your current accounts.
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Denifriska
Newbie
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Activity: 98
Merit: 0
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April 20, 2018, 09:29:20 PM |
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Some condition in terms of serving the purposes of a currency then bitcoin is a ways behind. However if it is implemented and used internationally then there is no doubt that it could surpass other currencies. However the limited supply could turn out to be an issue.
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ICBCOK
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April 20, 2018, 10:58:13 PM |
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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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Farvin2
Jr. Member
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Activity: 168
Merit: 3
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April 21, 2018, 09:16:59 AM |
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Sure regular currencies are required to the daily needs but cryptocurrencies does provides a lot opportunities to multiply our fiat investment. And In the future, if our society really turns to be a cashless, then cryptocurrencies will be better.
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