CRYPTO AND FIAT MONEY BEST COMBINATION

[mdzahed134]

Fiat money and Cryptocurrency are play two different vital importance. Crypto never replace FIAT money this is really unexpected imagination. Because fiat is a physical dollar and government can control it that's why i think fiat is more trustworthy even also this transaction process is not delay if you try to make transaction by credit card. Crypto ia too faster transaction because this is a virtual currency.                

[krishnaverma]

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.

Use of cash will decline with time in my opinion. Most of the countries are promoting the use of digital medium of payments by giving incentives with them. At such, the use of cash is on continuous decline and eventually may completely diminish.

[bounceback]

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.

Use of cash will decline with time in my opinion. Most of the countries are promoting the use of digital medium of payments by giving incentives with them. At such, the use of cash is on continuous decline and eventually may completely diminish.

true also at this time it seems that the use of FIAT tends to decrease, because of the E money technology, and some credit cards,
from that we can see that the use of FIAT has indeed declined, and if crypto has been accepted in all levels of society.
it will undermine the existence of fiat money

[BigBos]

Fiat money and Cryptocurrency are play two different vital importance. Crypto never replace FIAT money this is really unexpected imagination. Because fiat is a physical dollar and government can control it that's why i think fiat is more trustworthy even also this transaction process is not delay if you try to make transaction by credit card. Crypto ia too faster transaction because this is a virtual currency.                

well, that's why it's called a good combination. however, I think that also becomes quite difficult. compared to combinations, I think fiat and crypto will still compete. well, however, nowadays many people are building cypto businesses on the internet, but are using fiat to get started. I think fiat and crypto can only support each other.

[steveabrahams]

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.

Crypto currency is not that secure, i mean there are still many hackers and phising link out there and we, as a crypto users must careful and alert before sending your coins. I kinda agree with faster transaction, and also the fee is also really low. It's good for sending money from different place or even different country.

[emberbekas]

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.

Crypto currency is not that secure, i mean there are still many hackers and phising link out there and we, as a crypto users must careful and alert before sending your coins. I kinda agree with faster transaction, and also the fee is also really low. It's good for sending money from different place or even different country.

True, crypto is a good way to send and receive money abroad. This can reduce time, fees, etc. While if we talk about security and stability, fiat will be better at least from today's perspective. Fiat and crypto indeed is a good combination!

[aad140386]

In fact, the need for fiat money and cryptocurrency will determine the time. If, over time, people will use fiat money and they will synergistically interact with cryptovalts, then it is likely that this option is even better. Evolution puts everything in its place. So far, people have not yet had time to evaluate all the shortcomings of cryptocurrency, since they are still very young and we have not yet encountered problems when using them. But now we see certain drawbacks in cryptocurrencies. They are trying to solve, and some solve it safely. I hope that the sunrise cryptocurrency is just beginning.

[Crypto24hrs]

Your thought have just made me reflect on what happened to my country Nigeria in recent times, they experiment a cashless policy in six pilot states, a situation where nobody should handle physical cash above #100,000 and payment above should be done via mobile transfer, but the policy collapsed due to inability of majority of persons to use the mobile cash transfer, on this note i think crypto and fiat money will be a good combination for now.

[shesheboy]

snip ~

Crypto currency is not that secure, i mean there are still many hackers and phising link out there and we, as a crypto users must careful and alert before sending your coins. I kinda agree with faster transaction, and also the fee is also really low. It's good for sending money from different place or even different country.

do you think fiat is also secure? when we use and hold fiat  ,there is also a risk that our money can be stolen by thiefs or worst we can lost it all by our self same as on cryptos but both of the example scenario are normal for both currencies however i think fiat money is still best to use for any transaction because it is instant and no fees at all   .

 crypto can be only useful majorly for online transaction where fiat money cant be used directly without depositing or converting via other payment gateway .

[pat4cryptoreal]

I want to blow your by telling you that the number two point that make you feel that fiat have an edge over cryptocurrency is in the past. Blockchain is developing,  offline transfer will soon be possible.

[gabmen]

snip ~

Crypto currency is not that secure, i mean there are still many hackers and phising link out there and we, as a crypto users must careful and alert before sending your coins. I kinda agree with faster transaction, and also the fee is also really low. It's good for sending money from different place or even different country.

do you think fiat is also secure? when we use and hold fiat  ,there is also a risk that our money can be stolen by thiefs or worst we can lost it all by our self same as on cryptos but both of the example scenario are normal for both currencies however i think fiat money is still best to use for any transaction because it is instant and no fees at all   .

 crypto can be only useful majorly for online transaction where fiat money cant be used directly without depositing or converting via other payment gateway .

Yeah aside from regulations, there's not much diffrence between the two when it comes to security. It still boils down to how careful the users are. And bitcoin is still very young at this point with a lot of room for innovation and changes. Fiat did start out with a lot of imperfections and is not perfect until now. Having both as an available option would be very beneficial though.

[yrrehc16]

2019 still the movement is all about the FIAT together with cryptocurrency.
We still need FIAT to encash and spend out money well. but once the regulation and adoption is all good.
we wil see the crypto moving alone and rising, people will forget FIAT.

[gabbie2010]

Both FIAT and cryptos will combine well and compliment each other the ease in exchanging each other is another plus for both convectional and the digital currency while cryptos is actually prone to hacking and phishing however with more sophistication in technology all the loop holes that is associated with easy access to wallets by hackers will adequately be taken care of especially now that Samsung is introducing a crypto featured smartphone that will be more secured.

[thankyoulord]

crypto and fiat money co-existing is the best as they both can work perfectly differently. while crypto serves better purpose for online transactions involving huge funds, fiat can be use for purchase of small items especially in market places.

[Nasty23]

crypto and fiat money co-existing is the best as they both can work perfectly differently. while crypto serves better purpose for online transactions involving huge funds, fiat can be use for purchase of small items especially in market places.

I agree with you, that the co-existing of crypto and fiat money is the best as they have different functions in the community that can help to improve the financial status of an individual in the community. Crypto would enable us to open different opportunity in internet world that can help us to reached different places around the world while, the fiat help us to easily established transaction in our society so that we can enjoy the services and products that it may offer to us in the society.

[Ayiranorea]

As both function on a varied platform with varied backing technology, there isn't anything best to accomplish the crypto and fiat combo. At present fiat usage is high compared to the bitcoin usage. Also, in one way or other way crypto is dependent and in need of fiat for usage as the direct crypto usage isn't available throughout.

[LUCKMCFLY]

Not only that, we live in a system controlled by governments and banks, but they use FIAT money for everything, banks and governments have very little confidence in the cryptocurrency due to its high volatility. In these moments, if you have Bitcoin, or any Altcoin, it is better to wait until the bull market arrives, meanwhile have FIAT and every time you can make small investments in Bitcoin or altcoin to ensure a good future.

[wattcrypto]

I don't really believe we will have fiat money in the future seeing that everyone is shifting to a cashless society that is entirely online. That's not to say there won't be competition among currencies but I would love to know how much new fiat money gets printed? Do you know?

Nobody does. But the beautiful thing about cryptocurrency is its all public, we are able to take control of inflation and deflation.

Have you ever looked into Ampleforth before? Their website has a really explaination on this topic

[BennyK]

Fiat and cryptocurrency have their individual uniqueness which make both of them essential when it comes to payment and other activities related to finances. The Fiat is good and easy for offline payment just as OP said and its value in a specific country also determines the economic status of that country. Cryptocurrency is very essential when it comes to online payment which can be transferred to anywhere across the globe with limited charges and users have 100% control over their transactions.

[naufals4]

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.

yes the combination between cryptocurrency and fiat is an online transaction and feel safe about your identity. For fiat, it can be used for offline transactions or transactions that have not received cryptocurrency as a means of payment