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Author Topic: Fiat Vs Cryptocurrency, which would you choose?  (Read 3855 times)
hahay
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June 09, 2020, 09:30:39 PM
 #301

I think now with the lack of real use for cryptocurrency, then I personally tend to prefer fiat because after all banking also continues to make updates so that in this digitalization era fiat can still be used of course with digital systems and with the development of this era does not mean bitcoin or cryptocurrency not necessary, because after all cryptocurrency is a solution that can be used in any case because crypto itself is not purely about currency but an asset that in reality most people only choose to invest in this market not about real usage like fiat.

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June 10, 2020, 06:20:11 AM
 #302

I think now with the lack of real use for cryptocurrency, then I personally tend to prefer fiat because after all banking also continues to make updates so that in this digitalization era fiat can still be used of course with digital systems and with the development of this era does not mean bitcoin or cryptocurrency not necessary, because after all cryptocurrency is a solution that can be used in any case because crypto itself is not purely about currency but an asset that in reality most people only choose to invest in this market not about real usage like fiat.
however the conditions, at the moment fiat is greatly benefited, not just a matter of trust but because of people's habit of using it. however, crypto has many types and still needs to use the internet. personally, I also often prepare fiat as a transaction tool.

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June 10, 2020, 07:01:45 AM
 #303

I think now with the lack of real use for cryptocurrency, then I personally tend to prefer fiat because after all banking also continues to make updates so that in this digitalization era fiat can still be used of course with digital systems and with the development of this era does not mean bitcoin or cryptocurrency not necessary, because after all cryptocurrency is a solution that can be used in any case because crypto itself is not purely about currency but an asset that in reality most people only choose to invest in this market not about real usage like fiat.
however the conditions, at the moment fiat is greatly benefited, not just a matter of trust but because of people's habit of using it. however, crypto has many types and still needs to use the internet. personally, I also often prepare fiat as a transaction tool.

This really falls down with the preference.

What will you do? Where will you use it? Is fiat better to use? or is Bitcoin and other cryptocurrencies better? There are a lot of things to consider and if stores in your country accept Bitcoin, then why not use it, right? Though I understand that looks at it as a store of value and a currency though. Not all of us will be able to use Bitcoin, not all of us know what it is and not all of us believes that it is not a scam.
Leviathan.007
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June 10, 2020, 10:51:38 AM
 #304

Crypto currency is the new generation and fiat's time is getting over by the time you see the historical information on my topic here: https://bitcointalk.org/index.php?topic=5246240
Many people think it's impossible to rely on crypto and they scared of it. But, don't forget usually people panic when they see something new in their life. Like many other technology. I believe, after tokenizing many other stuff like USD, Gold, Silver, etc... we won't need the fiat soon and it will disappear by the time. That's why I chose cryptocurrency.

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RajaJudi
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June 10, 2020, 03:49:54 PM
 #305

I think now with the lack of real use for cryptocurrency, then I personally tend to prefer fiat because after all banking also continues to make updates so that in this digitalization era fiat can still be used of course with digital systems and with the development of this era does not mean bitcoin or cryptocurrency not necessary, because after all cryptocurrency is a solution that can be used in any case because crypto itself is not purely about currency but an asset that in reality most people only choose to invest in this market not about real usage like fiat.
Yeah, that's obvious because there are not many applications for Blockchain technologies as well as cryptocurrency yet. Now I think it's like using it to pay "some" of the digital services, gambling, investing, or trading. There's not much to do with cryptocurrency actually, that's why you're bored. Imagine in the future, there will be the world that everything can be purchased with a little touch with a little time, perfectly instant, that world compares to our world nowadays is like a miracle.

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June 10, 2020, 06:10:06 PM
 #306

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.
for me both are right because both sides have justifiable reason.  I mean we have to consider who's talking and why he/she is in favor. From here we can create better ideas on how to manage the situation from both different parties rather than being bias.

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