Why I would rather have paper money then Bitcoin

[squatz1]

This is going to come to a surprise to many on here, but at the moment I'd rather have paper (US FIAT) money. It's something that I would be able to actually use in my life with ease, and even though I love crypto and everything I have to be honest about what I think and see.

Plus for the fact that if i was to have bitcoin right now, I'd be paying a very high amount in fees if I wanted to actually end up using this money.

[bitbunnny]

Bitcoin is not for everyone and for that reason a true mass adoption is under big question.
You can use Bitcoins in your everday life as easy and convenient as any fiat currency but you have to know how to use it and know the mechanisms that could make this easier, like Bitcoin debit cards. Knowledge and informations are very important for every Bitcoin user.

[SyamSoedin]

Bitcoin has a fluctuating value, it will grow up and sometime it will crush your money.

[OmegaStarScream]

So you think that someone could just create a currency and make the world use it in a few years? It doesn't work that way and It takes time. Instead of having the community learning more about bitcoin and doing tests in projects like LN etc. all they do is complaining about fees and comparing bitcoin to something it.

[Grayy]

Bitcoin has a fluctuating value, it will grow up and sometime it will crush your money.

When you're patient enough BTC will never crash your money. You should study the markets and know when to enter the markets and when not to enter the markets. Window of opportunity is key in the BTC business.

[kevoh]

Well, using bitcoin or FIAT money is all a matter of choice and preference. If you found yourself in a scenario where using Bitcoin or any other cryptocurrency is unavoidable, you will not even remember that the transaction fees are high before making payments.

[Pursuer]

you went too far in my opinion.
the only characteristic that is missing from bitcoin, and only for a month or two! is low fees. there are lots of other characteristics such as being decentralized which are still intact. so saying "I prefer fiat over bitcoin just because fees are high" is going too far.

and we are all aware of the problems. this is a decentralized network we are using so "we" are responsible for how it is going to be like. right now the accepted scaling solution is SegWit and all the things that will come after it but it is not yet adopted. "we" need to force the services to adopt it anyways we can. for example if you are using Coinbase or blockchain.info start sending them emails requesting to add support for SegWit and if they refused we MUST stop using them.

[maxamus]

Bitcoin has a fluctuating value, it will grow up and sometime it will crush your money.

Not into bitcoin but let it be any crypto currency the uniqueness about crypto currency is fluctuating value which we can utilize it for our benefit by cashing in during dump and cashing out after a pump to increase the return on investment and I don't think anyone who is using bitcoin for a long time has suffered huge loss but again it's not for everyone at the moment if you are investing then it should be an investment of time and money so that you are actually aware of market situation to make the right move.

[_Mikasa_]

I would also rather have paper money than bitcoin AS a payment. Fiat money system is really hassle free and very flexible in payments and transactions unlike bitcoin. Yes, bitcoin have some its good traits like being untracable but it's fees are too high

[btcprospecter]

Fiat is our easiest form of currency it has been in place for a long time and there is nothing difficult about using it. Bitcoin on the other hand does have a learning curve for new people to understand with keys and understanding of it price volatilities. Transaction fees are an issue that can be resolved.

[arteezyy]

In terms of transactions, fiat money is really the better choice. It is really nice that bitcoin transactions are untracable and the users are being anonymous but its transaction fees are really expensive. And also fiat money is really flexible in almost all transactions.

[spngebob]

This is going to come to a surprise to many on here, but at the moment I'd rather have paper (US FIAT) money. It's something that I would be able to actually use in my life with ease, and even though I love crypto and everything I have to be honest about what I think and see.

Plus for the fact that if i was to have bitcoin right now, I'd be paying a very high amount in fees if I wanted to actually end up using this money.

Wait for lighting network and wait for more stores to accept bitcoins, there isn't much more to say, but I know how frustrating is to have bitcoins and not able to use it and spend it for daily needs. I would like to go to store and pay with bitcoins I hope this will be possible one day.

[Rules85]

This is going to come to a surprise to many on here, but at the moment I'd rather have paper (US FIAT) money. It's something that I would be able to actually use in my life with ease, and even though I love crypto and everything I have to be honest about what I think and see.

Plus for the fact that if i was to have bitcoin right now, I'd be paying a very high amount in fees if I wanted to actually end up using this money.

However, the French currency will not appreciate, and I will choose to invest in the cryptocurrency when my living expenses are adequate, because I can make more money by investing.

[tegarp90]

but there is the benefits of saving bitcoin rather than fiat. Goverment can't take a tax from cryptocurrencies money cause they can't locate it

[dongosquad]

It all depends on your needs, if you prefer the fiat and is enough to meet your needs, then no problem. However, you missed the opportunity to get a lot of benefits from cryptocurrency, either with investment, trading, etc.
If what you are concerned about is a large transaction fee, then I can only explain that the bitcoin and other cryptocurrencies are not suitable for micro-payment. Look at other more profitable functions, cryptocurrency is not just for payment.

[Btcjunpitz18]

It all depends on your needs, if you prefer the fiat and is enough to meet your needs, then no problem. However, you missed the opportunity to get a lot of benefits from cryptocurrency, either with investment, trading, etc.
If what you are concerned about is a large transaction fee, then I can only explain that the bitcoin and other cryptocurrencies are not suitable for micro-payment. Look at other more profitable functions, cryptocurrency is not just for payment.

It is more convenient to have paper money because it is legally accepted then bitcoin must be cash out first.

[elie_s]

Of course u would rather have paper money it's much safer
But bitcoin it riskier and what is riskier will let u make more money

[superjeyy]

Bitcoin is for risk takers. I do understand your side where you would rather use fiat than Bitcoin due to the enormous fees asked for its transaction when fiat requires none to minimal amount. Here in the Philippines, cryptocurrency is a new aspect many are still learning amd for that only a few people owns it and even use it for transaction. It's value is not much of importance compared to fiat as we can only use it over the internet. The fact that fiat is more accessible to everyone and is widely accepted is a big factor against Bitcoin which is why more people would rather use it. One day, people would appreciate the structure of Bitcoin and see its worth. For now it is a good investment but in terms of usage I would have to agree and favor fiat more.

[pentol86]

since bitcoin transaction fees too high for some users, i think use fiat is the best choice, except you need transaction and only bitcoin that allowed. and about risk, bitcoin is digital money with high risk, but also at same times you can earn profit for passive income if bitcoin price grows up.

[Don Pedro Dinero]

If I had a lot of money today, let’s say $1.000.000, I would prefer to have it in fiat money than in bitcoins. This being said, if I had that amount, I would invest some, between 5% and 25% in bitcoin and maybe some other cryptos.

Nowadays cash is still king.