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Author Topic: Alt coins vs. fiat currency  (Read 566 times)
mit_ra (OP)
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July 09, 2018, 02:49:22 PM
 #1

2019 the year of Battle between cryptocurrencies and Fiat Currencies.

Who is the winner?
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July 09, 2018, 02:57:27 PM
 #2

For me, FIAT will be the winner, why because in everyday life, FIAT currency is recommended and is a usual use, while cryptocurrencies are still in the process of mass adaption., i mean not all people and business really understand what the crypto could benefit to them, and yet they are still open for further studies. Meanwhile, both of them are in the same level of usage, cryptocurrency is good for fast payments and distance to distance payments.

Im still wondering, in the next few years to come, what would be the future of cryptocurrency, compared to the FIAT currency. Still interesting to  know.
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July 09, 2018, 02:57:48 PM
 #3

Alt coins vs. fiat currency
Who is the winner?
"vs." will wins.
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July 09, 2018, 02:59:06 PM
 #4

FIAT will always be the winner in next few years until cryptocurrency got legalized worldwide Smiley. You should know that at the moment although cryptocurrency is really well known but not everyone wanna use cryptocurrency because they can't use it in everywhere everywhen in real life but they can with fiat Smiley. But everything will change if cryptocurrency will be legalized worldwide Wink

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July 09, 2018, 03:18:34 PM
 #5

If you look on the one hand, of course, Fiat money, while they are printed and issued in cash,are of great importance in the world, but on the other hand, 50% of the population and almost all financial transactions in the market are held without cash and in electronic form, they do not differ from the crypto currency, but even inferior to it, because the crypto currency excludes the corruption component. I think not in 2019, but by 2022 the crypt will conquer the world community.
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July 09, 2018, 03:21:17 PM
 #6

I’m not sure what comparisons you are trying to draw
Because alternate coins and fiat currency are totally different

So I view this post as an opportunity to increase your post count
Which is not good enough
Kindly understand the concepts of crypto currency and then take a review and ask over again

Welcome to crypto currency world
kidamazo
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July 09, 2018, 03:57:23 PM
 #7

2019 the year of Battle between cryptocurrencies and Fiat Currencies.

Who is the winner?
First of all I'm thinking that it is way too early to do those conclusions, and the second thing I would say that we will be successful enough to became winners till 2019, maybe a little bit later.
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July 09, 2018, 04:44:14 PM
 #8

as trader works with decision on attaining with distinct on numbers of resource on displacement, those helps as the prefers on decision as applying use of crypto token to work as medium of payment to work with deposit of funds as managing plan on investment with crypto currency trading of the finance.


cryptodalton
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July 10, 2018, 06:09:50 PM
 #9

In this case i think fiat currency would be the winner for next 20 years. Fiat currency is very important. there are many places where people don't even have internet connection and struggling for their life. For them, alt coin would be highly expensive to deal with. However, in many countries the popularity of altcoin has increased and it is increasing day by day. So, I think both are need for our future.
potassium40
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July 10, 2018, 06:10:57 PM
 #10

2019 the year of Battle between cryptocurrencies and Fiat Currencies.

Who is the winner?
each person will say thay the winner is different, becaise we all have different situations and different priveleges
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July 10, 2018, 06:12:01 PM
 #11

In this case i think fiat currency would be the winner for next 20 years. Fiat currency is very important. there are many places where people don't even have internet connection and struggling for their life. For them, alt coin would be highly expensive to deal with. However, in many countries the popularity of altcoin has increased and it is increasing day by day. So, I think both are need for our future.
fiat currency is inpeortant, but i think that if toy are connected really tight to the cryptocurrency world, you will say otherwise
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July 10, 2018, 06:13:38 PM
 #12

Obviously, Fiat wins. Altcoins will take a lot of time to get into the society into the people but on the other hand, we see that even bitcoin is not even in the society and is not used by everyone but fiat is being used by everyone whether s/he is an educated person or a un-educated person. So, Fiat wins until or unless altcoins or bitcoin take over totally.


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July 10, 2018, 10:50:20 PM
 #13

The cryptocurrency is still not that popular that we can compare it with the FIAT. We still are dependent on traditional currency for various purposes and crypto is not accepted in many countries too. So, it is obvious that Fiat will win.
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July 10, 2018, 10:58:24 PM
 #14

2019 the year of Battle between cryptocurrencies and Fiat Currencies.

Who is the winner?
It will never be happened, fiat is mostly used to do offline transactiona and it has been supporting by regulators and backed by the bank. In my opinion it's just a trick from the bankers to dominated our economy. Crypto works on the different place because it was creating a new decentralized system which is giving a freedome to everyone to control their asset.

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July 10, 2018, 11:04:45 PM
 #15

There's no point in comparing both of these thing. Altcoin and fiat goes hand in hand, without the other, you can't fully utilize the other. Let's say you don't have fiat, well you can't buy altcoins therefore you can't use it. And if you don't have altcoins, there's nothing for you to do with fiat except for daily expenses.
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July 10, 2018, 11:24:17 PM
 #16

I think all possibilities can happen, because we never know what future will come and last. Many things are unexpected but happen at the end of this time. Whatever the winner is either crypto or fiat we have to do is create a balance between crypto and fiat currency. Because crypto or fiat is equally important.

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July 10, 2018, 11:41:20 PM
 #17

For me i think the both of them are necessary and they won't compete with other, In the end fiat will still rule because no matter the amount of crypto you might have, you still need to convert it to fiat and if you want to invest, you invest with fiat.

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July 10, 2018, 11:45:33 PM
 #18

Altcoins may give fiat a though competition but fiat currency will also be the first choice of most people due to its stability. Most people keep the money in fiat and only convert to altcoins when necessary so in a way too both currencies need to coexist and its up to we the users to tolerate both.

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July 10, 2018, 11:46:20 PM
 #19

How about we summarize what is happening in our own countries?

Examples.
Riding a bus. You still pay fiat.
Groceries. They either accept debit or credit card and fiat.
Department stores. Credit, debit or cash.
Other small stores. Fiat only.

Who wins? Isn't it obvious? I cannot even see one single store yet that will accept it. I know soon it will but not 2019.
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July 10, 2018, 11:57:49 PM
 #20

There will be no winner and we will have both in the stores getting used especially when TENX and MONACO and others get banking licenses and start delivering cards to whole community.Only good thing are coming.Cant wait
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