Fiat Vs Cryptocurrency, which would you choose?

[rez303]

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.

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[tsaroz]

I am not taking sides here. I love crypto and I need fiat.
I jet paid in fiat and has to get my things done in fiat. Crypto for me is mostly an investment. I aspect the price of the crypto I hold would increase in price and I'll have a profit selling it. I don't expect the same from fiat.

[Dart18]

Both.
We are not in the world yet where everything will be digital and even with that, it will always be fiat on the front.
Let us be honest here. You could still places where they dont even know what a smartphone is and yet we want to upgrade everything into crypto currency.
It will be a mess up country if done. Not every country is like Japan.
Some of them still needs paper money on everyday life.

[aardvark15]

I would lean toward cryptocurrency because there are a lot of benefits to it. It’s kind of like comparing email to snail mail. The only problem for cryptocurrency right now is it’s still in the development stages so we don’t know how everything is going to work yet.

[Landak]

I am earning money from Crypto and in my daily life using fiat because only fiat is allowed to transact in my country (the whole global is also more receptive to fiat than crypto as transaction). it's hard to choose which is the "best", so I'll choose both. both have the same good side depending on the terms of function, where is and usefulness.

[Fappanu]

Actually we should not talk about it because we both need fiat currency and crypto currency.

Crypto gives us a bigger share of the income we earn today, and not every product we can buy in crypto especially our daily needs thats why we need fiat. We need fiat currency to convert our crypto and buy foods that what we need daily.

[CarnagexD]

Both.
We are not in the world yet where everything will be digital and even with that, it will always be fiat on the front.
Let us be honest here. You could still places where they dont even know what a smartphone is and yet we want to upgrade everything into crypto currency.

The fact that the 7billion people in this world hasn't been connected to the internet already negates the perfectly working digital world. There are still people who has not been experience the internet, even people who has not been with smartphones yet. Cryptocurrency is arguably the thing we need to start the high technological era but there are still reasons we can't push hard through it.

It will be a mess up country if done. Not every country is like Japan.
Some of them still needs paper money on everyday life.

I admire japan so much, they have the best humble and respectful people. The level of technology in japan is on another level, they even have a humanoid female robot called actroid proving that they are prominent in electronics and robotics. I would not be surprise when they fully digitalized their system.

[mu_enrico]

If someone offers me crypto or fiat, I will choose the one that has a more nominal value (in fiat term). If the nominal value is the same, let's say $100 bill vs $100 worth of BTC. Then, my decision depends on my "mood" at that particular moment.

If I have enough cash to spend, I will choose crypto. Conversely, I'd choose cash if I need to buy goods for my daily needs.

[target]

You'd be asking the wrong crowd if you do this in a non crypto related forumboard but its the same thing here you'd be getting a lopsided poll. The bitcoin community will prefer to chose cryptocurrency of course, why would we be staying in this forum if we won't prefer it. But then fiat is what is needed to have value for these crypto coins including BTC.

[panganib999]

Right now? Fiat. Crypto is still way too young. Its at its infancy stage right now, and well, fighting it against Fiat, even though it has accumulated a lot of debt so far, still guarantees its defeat. We still have time though, we just have to wait. Wait until crpyto has developed so far that fiat has no choice but to accept, accept that crypto has now replaced its place in the globe. But as of now, Fiat. Crypto is being used right now constantly on the market to let it grow, to let the masses know what they are, which massively contributes to their ability to be integrated to our lives.

[Ayiranorea]

In a growing world each and everything ia a must. Why I say this, some features that aren't available with cryptocurrency can be seen with fiat ans vice versa. When we consider the real-time usage, fiat is accessible and accepted all around while cryptocurrency usage is slowly hitting the market and gaining acceptance. For real time usage I choose fiat and for investing my choice is cryptocurrency.

[harizen]

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.

These need a wide broad of discussion as everyone will surely have a different view. Both have advantages and disadvantages, both are different, there lots of things that need to look into for this comparison - so for me, the comparison is not making sense or necessary to discuss.

Since you already hear some of the sides, what do you need to learn more? Try to recap those conversations and debates you encounter before then from there, decide and make your own view.

It’s kind of like comparing email to snail mail.

What do you mean here? Payment process? The speed? The convenience?

[sukmo]

If my opinion of fiat currencies and cryptocurrencies is all very important in everyday life.
Both are very we need so it is very difficult to choose one of them.
But if to choose one I think surely members in this forum will choose a cryptocurrency.
Because it is certainly members in this forum can already compare the advantages of each of these currencies.
Especially for investments.

[1Referee]

You'd be asking the wrong crowd if you do this in a non crypto related forumboard but its the same thing here you'd be getting a lopsided poll. The bitcoin community will prefer to chose cryptocurrency of course, why would we be staying in this forum if we won't prefer it. But then fiat is what is needed to have value for these crypto coins including BTC.

It's actually quite an interesting crowd to ask, because it would expose people preferring crypto over fiat for day to day payments as liars. They just want to be accepted by others with a similar thinking while they in reality barely spend their coins at all.

In the end, I think it's good that people aren't spending their coins because that means that payment processors don't have to dump their coins on the market. They need a constant flow of fiat to pay out the merchants accepting Bitcoin, so they are forced to sell eventually, but before that, they tend to short Bitcoin to hedge against potential price decreases.

I personally prefer fiat too in most cases, but for quick online payments Bitcoin works well.

[youdacapt]

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.

if what you mentioned has shifted traditional usage, then it doesn't take long to integrate it with crypto, because the principle of its use is easier and applies globally. The world will always change from every adaptation and adoption indirectly and here cryptocurrency will enter the era. I still use fiat, but for investment needs it is already inclined to cryptocurrency.

[AmoreJaz]

You'd be asking the wrong crowd if you do this in a non crypto related forumboard but its the same thing here you'd be getting a lopsided poll. The bitcoin community will prefer to chose cryptocurrency of course, why would we be staying in this forum if we won't prefer it. But then fiat is what is needed to have value for these crypto coins including BTC.

It's actually quite an interesting crowd to ask, because it would expose people preferring crypto over fiat for day to day payments as liars. They just want to be accepted by others with a similar thinking while they in reality barely spend their coins at all.

In the end, I think it's good that people aren't spending their coins because that means that payment processors don't have to dump their coins on the market. They need a constant flow of fiat to pay out the merchants accepting Bitcoin, so they are forced to sell eventually, but before that, they tend to short Bitcoin to hedge against potential price decreases.

I personally prefer fiat too in most cases, but for quick online payments Bitcoin works well.

i think you hit the nail on spot here!  i still prefer to use fiat in my day to day living. as much as possible i want to reserve my crypto holdings.
same here, i use bitcoin for online payments if i see theres advantage of doing so but for daily expenses, nope! not yet. so i think right now, we are still not in the luxury of choosing which one is which. unless you have a lot of crypto holdings that it doesnt matter whether you spend it on your daily needs or not. but i doubt it is the case here!

[FlightyPouch]

I will not be choosing these two since I am using these for a long time now. We can't solely depend on crypto currencies since there are still a lot of people that do not want to use it or don't know what it is. You can trade crypto currencies and to get out your profit, you convert it to fiat and use it.

[kapalmabur]

I will not be choosing these two since I am using these for a long time now. We can't solely depend on crypto currencies since there are still a lot of people that do not want to use it or don't know what it is. You can trade crypto currencies and to get out your profit, you convert it to fiat and use it.

cryptocurrency and fiat currencies have a special bond, for now users of crypto currencies must also be required to make it fiat out of necessity,
if you have to choose it seems difficult for now

[Janation]

If Bitcoin is legalized everywhere, I will definitely go with it.

The thing here is that Bitcoin/cryptocurrencies and fiat are like a combo for now.

Trading, investing, they do not stay on the boat of just one, we put ourselves on these both boats in order to get a good profit in the near future. If we will just be focussing on one, we will not be able to use that profit since we all know not all of the countries will be accepting cryptos. Some leaders hate it, some like the idea of it and want to use it in a longer period of time. For me, I can't use Bitcoin every day, I also need to rely on Bitcoin's exchange on fiat since not all of the stores would even accept it, I will not choose but use these two.

[Hippocrypto]

I will not be choosing these two since I am using these for a long time now. We can't solely depend on crypto currencies since there are still a lot of people that do not want to use it or don't know what it is. You can trade crypto currencies and to get out your profit, you convert it to fiat and use it.

cryptocurrency and fiat currencies have a special bond, for now users of crypto currencies must also be required to make it fiat out of necessity,
if you have to choose it seems difficult for now

While there's no implemented regulation on which currencies will be widely used on digital transactions, I will still prefer using cryptocurrency on that particular matters. However, fiat cannot be removed from our system because this was traditionally used as mode of payment by many people. We can't easily take that our from our current economy. Generally crypto and fiat these days, is still worth on both reasons.