CRYPTO AND FIAT MONEY BEST COMBINATION

[gaurav82]

Yes, it can be good combination. But crypto has long path to this way. Crypto is not legal tender in some countries.

[mornabo]

I bilieve that in the future crypto currency will not replace fiat money as mode of  payments in the future. Why? Because this two currency have a unique combinations that make our life more secure and convenient transactions trough offline and online transactions.

1.Crypto currency is more secure and faster transactions than fiat money via long distance and transactions like sending money around the world crypto is fast, safe and more secure then fiat money in this case fiat money is not good and slow in long distance transactions.

2.Fiat money is more faster and more easier in hand to hanp, face to face transactions and offline transactions in this setuation crypto currency is not good.

This 2 reasons why crypto currency and fiat money will be a powerfull combination in the future.

I agree there is no need to say fiat money will disappear. There are certain advantages fiat money can still offer, while clearly cryptocurrencies are the future of money

Yeah you're right especially in every country having their own local currency of course to do transcation with people in different country will be quite difficult because you have different currency right, with crypto you can send money anywhere without a third party and without confusion about the difference of local currency

[megynacuna]

I do not see crypto being used as much as fiat any time soon especially in developing countries. There are people there who could not operate even smartphones. They cannot use internet banking so buying and selling crypto is not a thing for them. Also, sellers will not be able to use it for receiving payments at such places.

I believe if both are combined they can complement each others efforts and we can have a great financial system because where fiat money falls short cryptocurrencies can cover up and vice versa rather than trying to outdo each other.

[Lazada]

I do not see crypto being used as much as fiat any time soon especially in developing countries. There are people there who could not operate even smartphones. They cannot use internet banking so buying and selling crypto is not a thing for them. Also, sellers will not be able to use it for receiving payments at such places.

Everything will grow in time. Maybe if viewed from the moment then the facilities needed will not be able to support. But believe that every moment we will experience a progress. The development of Crypto has been very good and if combined with FIAT then it will make a strong payment media. developed countries and poor countries have equal opportunities and everyone makes the best use of crypto.

[wilburwilbur]

You are right with this,combination of Fiat money and cryptocurrency is good ways of transactiong. crypto currency will never replace the fiat money .it can not replace but it can be an alternative payment

[magneto]

While I agree that bitcoin will most likely never be able to truly replace fiat currencies, the reason isn't that it's incapable of. Bitcoin is perfectly capable of facilitating real life transactions, as well as online.

The government will want to retain control over the economy, whether that's for good or for bad, for as long as they are in power. And that means the usage of some sort of centrally issued fiat currency.

They could potentially even issue fiat based on crypto, like the Petro. It's hard to see a completely community based overhaul of the monetary system, although not impossible. But bitcoin will be an independent on its own, and even if it doesn't take over fiat per se, it is able to serve as an independent store of value, and a hedge against fiat depreciation imho.

[eduvacation.net]

I bilieve that in the future crypto currency will not replace fiat money as mode of  payments in the future. Why? Because this two currency have a unique combinations that make our life more secure and convenient transactions trough offline and online transactions.

1.Crypto currency is more secure and faster transactions than fiat money via long distance and transactions like sending money around the world crypto is fast, safe and more secure then fiat money in this case fiat money is not good and slow in long distance transactions.

2.Fiat money is more faster and more easier in hand to hanp, face to face transactions and offline transactions in this setuation crypto currency is not good.

This 2 reasons why crypto currency and fiat money will be a powerfull combination in the future.

These two currencies do have their respective advantages and disadvantages so that these two currencies have inadvertently complemented each other in the world economy. The combination of these two currencies will make the world economy more powerful and comfortable.

[theyRmose]

No, I think the future of technological advancement will increase and bitcoin will also grow more in terms of its use as a means of payment transactions.

[Bitfling]

I bilieve that in the future crypto currency will not replace fiat money as mode of  payments in the future. Why? Because this two currency have a unique combinations that make our life more secure and convenient transactions trough offline and online transactions.

1.Crypto currency is more secure and faster transactions than fiat money via long distance and transactions like sending money around the world crypto is fast, safe and more secure then fiat money in this case fiat money is not good and slow in long distance transactions.

2.Fiat money is more faster and more easier in hand to hanp, face to face transactions and offline transactions in this setuation crypto currency is not good.

This 2 reasons why crypto currency and fiat money will be a powerfull combination in the future.

Its not comparable between fiat money and bitcoin or cryptocurrency. Fiat money as our transaction daily currency its easy to use because its accepted in many merchant. Bitcoin in otherhand sometimes called as an asset and its good investment too.
Indeed combination between fiat money and bitcoin is powerfull, we buying bitcoin for investment with fiat money and liquidate our bitcoin with fiat money to spend in daily needs

[brickafterbrickwalldpt]

What's the point of keeping two different systems alive when cryptocurrencies are way more superior to fiat? As you stated, cryptocurrencies are much faster than sending a wire transfer and they are more secure. However, I disagree that using fiat is easier. For me, it would me much faster and easier to send and receive payments using my phone. I wouldn't have to waste time on counting the coins and bills and worrying if I have enough of them in my wallet. Fiat are going to die really soon. Almost every person has a smarrtphone which can be used for accepting crypto.

[marcbitcoins]

I bilieve that in the future crypto currency will not replace fiat money as mode of  payments in the future. Why? Because this two currency have a unique combinations that make our life more secure and convenient transactions trough offline and online transactions.

1.Crypto currency is more secure and faster transactions than fiat money via long distance and transactions like sending money around the world crypto is fast, safe and more secure then fiat money in this case fiat money is not good and slow in long distance transactions.

2.Fiat money is more faster and more easier in hand to hanp, face to face transactions and offline transactions in this setuation crypto currency is not good.

This 2 reasons why crypto currency and fiat money will be a powerfull combination in the future.

Indeed, a good combination in which Bitcoin will be the investments and source to earn more fiat. Anywhere in the world as long as there is a local exchanges we can perfectly to use both Bitcoin and fiat. This combination is better than to use credit cards because it will be a future debt with future charges so better to use Bitcoin and convert it to fiat or directly to use Bitcoin as long as their is available Bitcoin establishments in the area.

[Rustamm]

In the future, of course, the crypto currency and fiat will go together, and therefore different combinations of them will appear for sharing. Already, you can specify several such combinations. This is the implementation of the Tetcher platform analog of major currencies in digital form of tokens. Now there are such analogues of the dollar, euro, ruble. Their names are the same as these currencies, only with the addition of the letter "T" at the end. So the analogue of the dollar is denoted as USDT. These tokens differ in that they always correspond exactly to the rate of their counterpart, that is, one USDT always corresponds to one USD and so on. This is very convenient when exchanging crypto currency in fiat as an intermediate stage.
Also worthy of attention is the issue of the Singaporean company Tangem banknotes with a face value of 0.01 and 0.05 bitcoins. That is, the holders of bitcoins are this company, however the bitcoins can walk as a means of payment as ordinary fiat money. It's also quite convenient.

[ranman09]

What's the point of keeping two different systems alive when cryptocurrencies are way more superior to fiat? As you stated, cryptocurrencies are much faster than sending a wire transfer and they are more secure. However, I disagree that using fiat is easier. For me, it would me much faster and easier to send and receive payments using my phone. I wouldn't have to waste time on counting the coins and bills and worrying if I have enough of them in my wallet. Fiat are going to die really soon. Almost every person has a smarrtphone which can be used for accepting crypto.

Some people still prefer traditional fiat or even a simple trade. If you travel on some 3rd world country. Where of course nature is at most preserved. You will see that bitcoin is not usable. And you might yourself in big trouble.

In some countries yes I believe that nobody can even shop without a credit card. But people are finding the most efficient and easiest way for them. So I think fiat will not be gone soon.

[Flomo]

yes. maybe that is a good point of view for both currencies that we know today. but would it be advantageous for the holders of crypto that he used as fiat, because I think crypto would be better used as an investment asset.

[Nekroser]

And already in the present. Gradually increases the range of services that can be paid by crypto-currencies and it will expand. And the combination is really powerful.

[forevergala]

I belive that It will take more time for Bitcoin and other digital currencies to become more popular and used, but in the end people and governments will be forced to start using, supporting crypto currencies.
The crypto usability either online or offline is growing up with time, and actually there is many people around the world using both fiat and crypto currencies to paying their bills especially online.

[bitbunnny]

Cryptocurrencies don't have such infrastructure and legal and economic basis to be used exclusively without fiat. It's not fully accepted, it's decentralized and mostly without regulation.
Those are among main reasons that we all stil depend on fiat money and cryptocurrencies are mainly an additional income.
So it's the best to combine both and use the advantages of crypto and fiat according to the opportunities. The ratio between cryptocurrencies and fiat will change with time but still I don't think that cryptocurrencies will prevale and become mainstream so combination will be necessary.

[Doterti]

Cryptocurrencies don't have such infrastructure and legal and economic basis to be used exclusively without fiat. It's not fully accepted, it's decentralized and mostly without regulation.
Those are among main reasons that we all stil depend on fiat money and cryptocurrencies are mainly an additional income.
So it's the best to combine both and use the advantages of crypto and fiat according to the opportunities. The ratio between cryptocurrencies and fiat will change with time but still I don't think that cryptocurrencies will prevale and become mainstream so combination will be necessary.

It will be the best of among all the best ideas because it has a big opportunities to the world and community to bring a better world abd economy as the years goes by ,the fiat and cryptocurrency which consider the key to have a good economy and better future in life, this ideas has many advantages such as government, legality, institutions, market and many more.

[Shenzou]

Well we could not replace or get ride of the fiat currency even if we had a choice, cryptocurrency as said is not relevant for offline payments and for micro transactions, i mean do you rather pay 10$ worth of bitcoin or 10$ worth of fiat, of course the fiat because you know the bitcoin is going to go up and that 10$ that you spent may become 100$ in the future, so unless the cryptocurrency becomes stable in terms of price than people will not chose to use it for every day payments they would chose fiat.

[RAAAMA]

I also love this idea. Cryptocurrency and fiat currency will be a best couple. They can be the best combination to serve the people. With the current digital age, crytocurrency can definitely help many people who has access. But for those without internet access, definitely, fiat is the only answer. There are people with different kind of preferences. Some like cold cash and some wants easy and efficient way of dealing, then crypto could answer that. Therefore its a powerful combination.