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Author Topic: CRYPTO AND FIAT MONEY BEST COMBINATION  (Read 1888 times)
Dextract
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November 03, 2018, 08:34:44 AM
 #161

Those are two big major good points fiat is needed and crypto to its not like crypto is the main thing required fiat also helps crypto in a way and vice versa
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November 03, 2018, 08:41:20 AM
 #162

I think crypto can not replace paper money, because of our family, there are many who do not know how to use technology to exchange bitcoins, and especially the elderly. However, for people like us, it is a perfect combination
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November 03, 2018, 01:43:56 PM
 #163

1. Fiat money is a physical currency so it's transaction is slow from cryptocurrency.
2. Fiat money is a offline currency that's why it's transaction hand to hand.
3. Crypto currency is so faster because it's online currency.

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December 06, 2018, 04:49:08 AM
 #164

Both crypto and fiat own something important that couldn't be denied no matter what will happen in the people's lives. Imagine, we cannot say the exact value of crypto without the help of fiat. Crypto needs fiat at the same time fiat needs crypto to have another open source for the people needs and wants.
The combination of bitcoin and fiat money means there is a need from the community, where bitcoin users are more comfortable using bitcoin for transactions. While other people prefer to use fiat money. Both are equally needed, but the way it works is different. People have choices in payment transactions.
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December 06, 2018, 08:51:24 AM
 #165

I belief both cryptos and money will compliment each other I fully supported digital currencies taking more of the role than fiat however the wider acceptance and adoption will be a stumbling block towards actualizing that goal and aims, better still there is still room of improvement of cryptos as a means of payment in replacing fiat.
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December 06, 2018, 04:18:16 PM
 #166

Goo one, and for right now, Crypto and Fiat is really the best combo.
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December 06, 2018, 05:02:15 PM
 #167

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.

This is true and correct, definitely I agreed on your statement dude. Especially that crypto currency is much more secure than Fiat currency and better than any bank too. But through Fiat it can't be deny that we can able to convert our crypto or bitcoin into a fiat which is a big helped for us to have a physical money anyhow. So they are good tandem.

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Ravenangel
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December 06, 2018, 05:07:46 PM
 #168

yeah, at the end that will be the winning combination, fiat and cryptos, the best of two worlds, you can have the security of the traditional bank, with the power and anonymity offered by the cryptos, it would be interesting to have both payment options for the same service, I wonder which would be the most popular.

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December 06, 2018, 05:23:32 PM
 #169

I think that in the end is what will prevail, ripple is doing exactly that, trying to implement their currency/blockchain with banks, maybe trying to make it work together, many criticize it because it is not decentralized, like most currencies, but so far they are successfully achieving their mission.
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December 06, 2018, 05:31:38 PM
 #170

Best combination of Crypto with fiat is that these both having strong positive relationship because we can't use Crypto for buying things or services in most of the nations so that's why Crypto is tradable in fiat and we convert it into fiat for personal use. This is best combination of using both decentralised and centralised system together.

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December 06, 2018, 08:54:43 PM
 #171

In the next few years, people will not give up Fiat. This is simply not possible, as bitcoin is very little mono use as a currency. Therefore, their combination is the best that can be at the moment.

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December 06, 2018, 09:41:10 PM
 #172

Now cryptocurrency is at the stage of development, and therefore we can not fully use it as a means of payment. But there is already a minimal opportunity to do this, so a combination of cryptocurrency and Fiat is the best option for you if you still want to use bitcoin.

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December 06, 2018, 09:57:16 PM
 #173

Today, cryptocurrencies are very slowly being introduced as a means of payment, and the reason for this is several factors, the main of which is the non-acceptance of bitcoin by the government. And until this problem is resolved, we can not use only bitcoin, and we have to use Fiat.

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December 06, 2018, 10:10:08 PM
 #174

Why do you talk about the future? I think crypto and fiat is a good combination already today. People who know how to use both perfectly operate with its advantages, they make transactions with crypto and make shopping with fiat in such places as a supermarket. I suppose with time more people will get that trick and join to crypto's use.

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December 06, 2018, 10:24:34 PM
 #175

I really agree with you good combination between fiat and cryptocurrency
As of now without fiat cryptocurrency is useless currency because not all establishments are accepting crypto as payment

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December 06, 2018, 10:30:02 PM
 #176

In my opinion cryptocurrency and fiat is also a good combination because if we only rely on cryptocurrency that doesn't look physical it will be difficult besides that now many people have not yet received cryptocurrency as a currency. so if we hold both of them can be used for online shopping using cryptocurrency and for offline shopping like at cafe or restaurant can use Fiat

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December 06, 2018, 11:57:10 PM
 #177

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.

This is true and correct, definitely I agreed on your statement dude. Especially that crypto currency is much more secure than Fiat currency and better than any bank too. But through Fiat it can't be deny that we can able to convert our crypto or bitcoin into a fiat which is a big helped for us to have a physical money anyhow. So they are good tandem.

In addition, it is also good to have both currencies in our portfolio clearly for both investment and profit. BTC  and fiat makes a good partner but you can also consider ETH. Aside from BTC, ETH also passed to have in our investment portfolio.

We know that having BTC and fiat gives a better advantage so there is really no doubt about this techniques. Those who have been earning bitcoin have been doing this for years so we, and those who are newbies in here should do this also.

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December 07, 2018, 03:06:44 AM
 #178

Those are two big major good points fiat is needed and crypto to its not like crypto is the main thing required fiat also helps crypto in a way and vice versa
Yeah both have weaknesses with each other. why don't we try to use both. of course it's much better because surely the combination can complement each other and help. when you want to do financial transactions with other people in different countries you can use crypto and when you want to shop around your house you can use fiat. of course it is far more beautiful than using just one currency
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December 07, 2018, 03:21:39 AM
 #179

Yes, Crypto and Fiat are indeed a very necessary combination and will be a very interesting combination, of course, to make transactions faster and easier for those who know Crypto, of course many choose to use Crypto currency, and Fiat is still very much needed, and to buy or shop and for everyday needs many people still use Fiat, so in my opinion Crypto and Fiat will be the same currency needed.

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December 07, 2018, 03:45:26 AM
 #180

crypto hard to defeat fiat. a lot of developer now very interested to develop fiat currency based of online app transaction and with the grow of mobile application and internet speed i think people more attracted with their easiness, combination of fiat and mobile app banking transaction a good combination without having to fight government policies. sad to say no mobile app developer really interested to combine fiat and crypto in real world.

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