thirdlight
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December 23, 2019, 06:40:06 PM |
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I see only one positive difference between crypto and fiat, is that crypto is still decentralized, but in terms of usability, fiat is more convenient.
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Cacingkemi
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January 03, 2020, 05:10:42 PM |
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For now I guess I cannot say its better because fiat currency is still currently in use and locally its really the means of exchange. We most likely convert crypto to fiat in order to make use of it in our daily expenses. When talking about future endeavors, definitely its better to earn and save crypto starting now to prepare for the full time usage of crypto all over the world.
In my own personal opinion, it's true that fiat currency is the currency that we use for exchange in goods and services, but when it comes to security, encryption, and fast transaction cryptocurrency will still be better than fiat. Also, crypto is decentralized that no one can control it even the government, that is why it is fine to me, even we can't use crypto in the real world. its mean the cryptocurrency and fiat money same good? yeah true, fiat also has useless in real life, when you want to buy something and payment with that cryptocurrency use by invesment. when i thinking that cryptocurrency better than fiat maybe many people leave it but now it not happen, people still use fiat its mean cryptocurrency and fiat same good. cryptocurrency is a new breakthrough made by developers to facilitate all transactions, even one of the advantages it provides is that cryptocurrency provides transactions so quickly rather than fiat. However, most people certainly still use fiat for payment transaction tools, and I think both are good and have their own advantages.
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Swordsoffreedom
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January 03, 2020, 11:49:48 PM |
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I see only one positive difference between crypto and fiat, is that crypto is still decentralized, but in terms of usability, fiat is more convenient.
It's more convenient only because shops and business adopted to cash and credit cards. Once they adopt to cryptocurrencies, this payment could be as fast as swiping a card.
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funbarrel
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January 03, 2020, 11:52:13 PM |
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I think that Bitcoin and other cryptocurrency is better than fiat currency because it is more secure and more reliable, which is why Bitcoin is becoming more popular every day as more people invest and buy in Bitcoin and other cryptocurrencies. However, Fiat currency takes a long time before it starts to raise its price or that never happens due to the fact that is inflationary while bitcoin is better because it is deflationary.
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potatopower
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January 04, 2020, 12:24:44 AM |
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Cryptocurrencies definitely have some benefits over flat currencies, such as the fact that they are not bank-controlled or limited and government-dependent, but there is still a long way to go until we can conclude that Crypto is better than Flat. In the physical world, flat currencies are easier, faster and better to use in almost every situation, so in my opinion we will continue to use flat currencies until BTC or any other coin gets full acceptance from all the different markets.
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Farma
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January 04, 2020, 05:30:28 AM |
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1. Cryptocurrencies are now becoming more accepted as a means of trade worldwide.
I think this is still one of the thoughts that have pros and cons. however not all countries accept crypto even, some countries reject other crypto and develop their own crypto. however, at the moment I am not saying that crypto is better than fiat, but I think both have the same equality. Until now, not all countries accept crypto, and also not all countries accept crypto as a means of payment.
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Janation
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January 04, 2020, 05:34:36 AM |
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I see only one positive difference between crypto and fiat, is that crypto is still decentralized, but in terms of usability, fiat is more convenient.
This is obvious since cryptocurrencies are not that accepted today. The fact that a lot of people still dislike the idea of Bitcoin and still calling it a scam. If people will continue to discourage other people to not use it, what more of the government that do not want decentralization? When we will be comparing these two, I can say that fiat currency is the present and the past but the cryptocurrencies are the future.
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verita1
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January 04, 2020, 05:51:17 AM |
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The cryptocurrency has allowed young professionals to have financial freedom. Transactions in cryptocurrencies are fast and convenient that the fiat currency. That is one of the reasons why it has become so popular in the youngest populations on the planet. It should be noted that countries like Nigeria; some studies indicate that young university graduates began doing freelancer jobs in science and technology, earning in cryptocurrencies. Experts point that Africa has great potential for its population to have maximum adoption of cryptography.
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TEX-LXRY
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January 04, 2020, 06:03:38 AM |
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Bitcoin is self-sovereign honest currency, plain and simple. Transparent, automated, secure without the need for trusted intermediaries.
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tianglistrik
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January 04, 2020, 06:44:05 AM |
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1. Cryptocurrencies are now becoming more accepted as a means of trade worldwide.
I think this is still one of the thoughts that have pros and cons. however not all countries accept crypto even, some countries reject other crypto and develop their own crypto. however, at the moment I am not saying that crypto is better than fiat, but I think both have the same equality. Until now, not all countries accept crypto, and also not all countries accept crypto as a means of payment. in fact bitcoin cannot be accepted in all countries, the rules of each country are different and not all of them accept bitcoin as payment. but if used for digital transactions it might still be possible especially for market places that accept bitcoin as a transaction
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ohyeahhaha122
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January 04, 2020, 10:45:41 AM |
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I think the most special thing about cryptocurrencies better than fiat currencies is the ability to not be counterfeited, not inflated, and trade almost instantly, a currency that can help the world get closer. and trade in the most convenient way, maybe in the future you only need a mobile phone to buy everything
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peter0425
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January 04, 2020, 10:58:07 AM |
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I see only one positive difference between crypto and fiat, is that crypto is still decentralized, but in terms of usability, fiat is more convenient.
what?how come that you are in crypto but your statement is against this?don't you really know how convenient cryptocurrency is?and how easy we can transact using this?unless your country does not support crypto that is why you can say that fiat is more convenient compared to crypto?
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fravia
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January 04, 2020, 11:22:58 PM |
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For now, I don't think I can say anything better because fiat currency is still in use at the moment and it'sreally a great thing to use everywhere locally. To make use of it in our daily expenses, we most likely convert crypto to fiat. Definitely it's easier to gain and save crypto while dreaming about future endeavours starting now to plan for the full-time use of crypto worldwide. Crypto is usually better if you want to make big money
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Twinkledoe
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January 04, 2020, 11:29:28 PM |
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For now, I don't think I can say anything better because fiat currency is still in use at the moment and it'sreally a great thing to use everywhere locally. To make use of it in our daily expenses, we most likely convert crypto to fiat. Definitely it's easier to gain and save crypto while dreaming about future endeavours starting now to plan for the full-time use of crypto worldwide. Crypto is usually better if you want to make big money
Indeed, there are so many advantages of using crypto, yet, with our daily expenditures, you are right, we still need to convert our crypto to our fiat..In your local area, very few merchants are accepting crypto so it is not yet possible to spend crypto in your day to day life. Aside from the fact that if you are a bitcoin holder, as much as possible you don't want to spend it but rather keep it for the hope that it will increase someday and gain good profit.
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Latviand
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January 05, 2020, 02:32:33 AM |
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For now, I don't think I can say anything better because fiat currency is still in use at the moment and it'sreally a great thing to use everywhere locally. To make use of it in our daily expenses, we most likely convert crypto to fiat. Definitely it's easier to gain and save crypto while dreaming about future endeavours starting now to plan for the full-time use of crypto worldwide. Crypto is usually better if you want to make big money
Well you do have a point that's why I'm against to those topics or issues saying its better to change all the fiat to cryptocurrency and use it in the future without fiat money, yes there's too many advantages of crypto, its price can change and because of that we can engage to any strategy to earn, and it is decentralized so that no one can access it and own it and that's make it secured and safe to use and also with the use of crypto we can do transaction faster, and even the person or business transaction you are committing is in the other side of the world the transaction can be easily done in short crypto is an advanced technology but let's not forget where we started I believe even in the world become fully advance I know for sure we still need fiat money in case of there's an instance happens.
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pragna
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January 05, 2020, 06:52:21 AM |
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For better of cryptocurrency than fiat currency is security and timing. Normally we have to go bank or any other financial organization for money transaction but in cryptocurrency there is less time consuming and high security. There is no government documentation of mine so that govt trace my transaction and i also transfer my currency any time just i need a cell phone.
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Wipeout2097
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January 05, 2020, 11:57:03 AM |
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In my opinion crypto is better because crypto dont depend on third party and no medium just you are own bank and make transactions globally without any hurdle. Crypto have also security,while fiat can be robbed and damaged.
Crypto encourage smart ways of transactions quick and effective,The main competitive edge of crypto over fiat is that crypto is centralized.If crypto will be legal around the world will bring many changes in financial market.
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WRAOUF
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January 05, 2020, 03:09:02 PM |
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cryptocurrency can be a solution if a country experiences an economic crisis that causes the value of fiat currencies to fall. Fiat currencies fall because of hyperinflation. This inflation is caused by too much fiat money being printed. this is the reason cryptocurrency is better than fiat currencies. Fiat currencies always experience inflation while cryptocurency does not. because decentralized cryptocurrency will not cause inflation because there is no regulatory authority. cryptocurrency works according to market conditions. and the crypto market is influenced by supply and demand.
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KnightElite
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January 05, 2020, 03:27:12 PM |
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In my opinion crypto is better because crypto dont depend on third party and no medium just you are own bank and make transactions globally without any hurdle. Crypto have also security,while fiat can be robbed and damaged.
Crypto encourage smart ways of transactions quick and effective,The main competitive edge of crypto over fiat is that crypto is centralized.If crypto will be legal around the world will bring many changes in financial market.
Cryptocurrency have good characteristics because of its fast transaction and convenient to use but the thing is fiat is still better in terms of the usage. We want a mass adoption but the most of the people are still want the traditional way of economy where they still want to accept more fiat money than cryptocurrency. Only few merchants that are willing to accept cryptocurrencies because of the low awareness.
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universe_
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January 05, 2020, 03:34:51 PM |
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Cryptocurrency can be a solution if a country is experiencing an economic crisis causing a fall in the value of fiat currencies. Due to hyperinflation, fiat currencies are falling. Such inflation is triggered by the printing of too much fiat money. That's why fiat currencies are better than cryptocurrencies. Fiat currencies are always inflating, while cryptocurencies are not. Since decentralised cryptocurrency is not going to cause inflation because there is no regulatory body. Cryptocurrency operates on the terms of the business. Yet supply and demand are affected on the crypto market.
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