Fiat Vs Cryptocurrency, which would you choose?

[Dr.Osh]

both are true. and both have almost the same function. It is just. crypto has no central control. and fiat has central control. crypto has equality in all countries. but it must run on the internet. while fiat can be used offline. so which is better? both are good. about security. crypto is superior. about usability, fiat more broadly.

in fact, at this time both currencies are still used and are still being developed today. because of this, it is quite difficult to choose between the two currencies. however, people will tend to choose fiat because it's used every day. apart from that, it is also used to meet daily needs. if we use cryptocurrency for that, then we have violated the law. so using both is the best.

[1714612060]

1714612060

[1714612060]

1714612060

[1714612060]

1714612060

[1714612060]

1714612060

[huige007]

both are true. and both have almost the same function. It is just. crypto has no central control. and fiat has central control. crypto has equality in all countries. but it must run on the internet. while fiat can be used offline. so which is better? both are good. about security. crypto is superior. about usability, fiat more broadly.

The selection between fiat and crypto totally depends on the needs and availability of resources for the user. If person wants to make high transactions in short time without paying huge transaction dues than crypto is great. If the person wants a currency as an investment, again crypto will be the choice. But if there is no internet or you are living in some remote area, then fiat will help you in making deals easily.

[msarro]

I will definitely prefer fiat over crypto. With fiat, I can fill up the tank of my car, buy bread for my family and other day to day things. Unfortunately with crypto, there are just a handful of things which I can do in my daily life, its only  good for investment not for daily living.

[oxgroth]

Fiat still has much more usecases and simpler regulation. Of course i will choose it for everyday use

[luckyflop]

Of course I would choose both. FIAT and cryptocurrency have their own advantages and are not interchangeable. With the development of technology, payment through cryptocurrencies is becoming more common, but sometimes cash is superior if you need to buy something small, like buying coffee or food. eat fast ... Obviously cash will be a lot more convenient

[Oilacris]

Fiat still has much more usecases and simpler regulation. Of course i will choose it for everyday use

Main reason why people get used or do always prefer on using fiat due to regulation and been tied up with the government.

We've been using it through ages and crypto is just an option when it comes to payment system but we know on what are the things lacking on this one.

So, no surprise that this one isnt still adopted worldwide.

[BitcoinTurk]

My preference for developing technology, today's facilities and ease of use will of course be crypto currency. Although cash usage continues to be widespread nowadays, I think that in the coming years, people's money usage habits will change and the people who use cash will change. In addition, the use of crypto money will become widespread as the young generation gains economic independence and enters into business and financial life. It is ridiculous to add value to a piece of paper that can be printed indefinitely under current conditions, but because current generations are accustomed to the use of cash, they do not understand it and cannot overcome their habits.

[GideonGono]

We have a lot of opportunities when we know the crypto but there are a lot of advantage of fiat from those who has less access to the technology so I choose both because both have the same role that can help for community.

[jostorres]

Fiat still has much more usecases and simpler regulation. Of course i will choose it for everyday use

No matter which one you choose, the final decision is up to the government lol. You can decide on cryptocurrency and tomorrow they might decide that it is illegal to make use of it and then you start hiding and when you're caught you face the consequences. Well, just saying. If I'm to make a choice, I will choose fiat over cryptocurrency, but that doesn't mean I don't like cryptocurrency, I have big love for it. In terms of security, I'd say that they on par. Cryptocurrency is safe but you can lose your hard drive or your twelve word phrase, and when you lose that, your coins are gone for good.

We have a lot of opportunities when we know the crypto but there are a lot of advantage of fiat from those who has less access to the technology so I choose both because both have the same role that can help for community.

At least for another 2 to 3 decades, people might need to choose both as cryptos are still in emerging phase hence we cannot spend them wherever we prefer. To lead a convenient life, we must need to choose both as of now. After main stream adoption of cryptos happening, we may have only cryptos.

[Barbut]

I still don't have a choice here. When I'm online I use cryptocurrencies, for gambling, shopping, and all other stuff. In real life, I need to use fiat. There are no cryptocurrencies shops in my city, or anywhere close. If I could choose to use only one that would be cryptocurrencies, with cryptocurrencies many things would be easier, we would do many things from our home. To not mention that everything would be more secure and better with cryptocurrencies than with banks.

[Aikidoka]

I'll obviously go with cryptocurrencies because it's really worth more and more valuable as well as it's a good investment rather than fiat which it's barely increase in value. I really prefer 1000$ worth of crypto than just 1k$ cash, because with the 1k$ in crypto, i'll made more by few days rather than getting 1k$ cash and stuck with it and just spend it.

[fullhdpixel]

We can't just use one and disregard the other. First of all we are all here in bitcointalk and most of the replies are about how bitcoin or crypto in general is much better compared to fiat so I am not going to talk about why we should be using bitcoin, that part is already understood by this community and if I had to defend bitcoin against fiat lovers somewhere else I would have said the same thing said here.

However, fiat can't be disregarded completely neither, it is a good system that has been going for years now, the problem is not with the fiat but who is controlling the fiat and that could be the issue here, given the power people who ruined fiat economy could hurt bitcoin economy as well, even though it is harder thanks to blockchain it is still quite possible.

[wxa7115]

Very few users prefer bitcoin for their convenience, while majority of the users prefer based on the growth that takes place with time. The same growth can never be got out of any form of investment. When it comes to convenience, these days banking services have provided support through much user friendly applications.

Bitcoin is very young to compete with fiat, but the growth it has achieved in the short time period have made banks fear on its existence and keep themselves updated with the technology used by the bitcoin.

The problem that banks have with bitcoin is not really its technology but it's philosophy, they can easily create a cryptocurrency if that is what they want, what they are never going to do is to create a decentralized cryptocurrency with a hard cap in the number of coins that is open source, so even if they were to create their own cryptocurrency it will be no different than their fiat.

People like us will have no incentive to use it and the rest of the population could eventually wake up to the fact that a cryptocurrency that was created by any bank is not as good as bitcoin.

[Boov]

We can't just use one and disregard the other. First of all we are all here in bitcointalk and most of the replies are about how bitcoin or crypto in general is much better compared to fiat so I am not going to talk about why we should be using bitcoin, that part is already understood by this community and if I had to defend bitcoin against fiat lovers somewhere else I would have said the same thing said here.

However, fiat can't be disregarded completely neither, it is a good system that has been going for years now, the problem is not with the fiat but who is controlling the fiat and that could be the issue here, given the power people who ruined fiat economy could hurt bitcoin economy as well, even though it is harder thanks to blockchain it is still quite possible.

This topic is been ages, still I will choose cryptocurrency, yes fiat is needed in many ways, paying for food, buying clothes etc but the thing is, cryptocurrency is far greater more better in terms of investment it can really have a good profit on it, besides many countries are now rooting on it.

[henrybek3]

What do you think the reason for choosing Cryptocurrency? For example, what happens when a state or its citizens exert pressure? They buy vpn services to get rid of internet censorship. They can't do it with a credit card. They are followed. With Bitcoin you can make this payment. People are being pushed to use Bitcoin!

[awik p]

We can't just use one and disregard the other. First of all we are all here in bitcointalk and most of the replies are about how bitcoin or crypto in general is much better compared to fiat so I am not going to talk about why we should be using bitcoin, that part is already understood by this community and if I had to defend bitcoin against fiat lovers somewhere else I would have said the same thing said here.

However, fiat can't be disregarded completely neither, it is a good system that has been going for years now, the problem is not with the fiat but who is controlling the fiat and that could be the issue here, given the power people who ruined fiat economy could hurt bitcoin economy as well, even though it is harder thanks to blockchain it is still quite possible.

This topic is been ages, still I will choose cryptocurrency, yes fiat is needed in many ways, paying for food, buying clothes etc but the thing is, cryptocurrency is far greater more better in terms of investment it can really have a good profit on it, besides many countries are now rooting on it.

in the current conditions between cryptocurrency and fiat both have a positive role depending on our goals. fiat is more accepted wherever to trade, without difficulty to do so. but cryptocurrency is a good investment tool to produce fiat, so we can buy the things we want

[meliodas]

We can't just use one and disregard the other. First of all we are all here in bitcointalk and most of the replies are about how bitcoin or crypto in general is much better compared to fiat so I am not going to talk about why we should be using bitcoin, that part is already understood by this community and if I had to defend bitcoin against fiat lovers somewhere else I would have said the same thing said here.

However, fiat can't be disregarded completely neither, it is a good system that has been going for years now, the problem is not with the fiat but who is controlling the fiat and that could be the issue here, given the power people who ruined fiat economy could hurt bitcoin economy as well, even though it is harder thanks to blockchain it is still quite possible.

This topic is been ages, still I will choose cryptocurrency, yes fiat is needed in many ways, paying for food, buying clothes etc but the thing is, cryptocurrency is far greater more better in terms of investment it can really have a good profit on it, besides many countries are now rooting on it.

in the current conditions between cryptocurrency and fiat both have a positive role depending on our goals. fiat is more accepted wherever to trade, without difficulty to do so. but cryptocurrency is a good investment tool to produce fiat, so we can buy the things we want

That is the scenario that we have right now. Fiat is still the leader in doing transactions whether it is through online or offline transactions. Cryptocurrencies are indeed just an investment or a way to create more fiat currencies but it can be also used as a payment gateway because there are cryptocurrencies that only takes a few minutes to be received and that is what cryptocurrencies solve that the fiat currencies cannot.

[Colt81]

I have recently been quite curious about the many debates about which currency is better.
  Many people say that they will choose Crypto because it is convenient and creates a common currency, bringing equality to all countries.
And some people choose Fiat money because they've been used to using it for decades and now they have credit cards and wallet payment apps online, so why do you need crypto?
Which side do you think is right? I want to hear from you sincerely.

In my owm personal opinion, even we have been using fiat for decades in exchange for goods, i would rather choose cryptocurrency than fiat because cryptocurrency is decentralized that no one can control it even the government, that is why they could not add tax from every of our transactions. Cryptocurrency is also more secured and ease of use that makes it good for me in making fast transactions.

[sovie]

They both have there own benefits. Crypto is still very new and mostly be used by people across the world for investment only, it has very few practical uses at the moment. You need Fiat to live your life and you cant live without fiat. If anyone has to choose one between the two, it will be fiat.

[sayaya17]

I use crypto to make a good income from trading and investing. The rest I will exchange it to fiat for me to use it as an official payment at my place of residence, because at my place crypto still cannot be used officially by the government. So my options, I chose both and needed both.