Cryptocurrency vs. Fiat currency.

[yupi84crypto]

I am sure that most of the members of this forum will choose cryptocurrency, because in my opinion the reality is cryptocurrency is much more
better than fiat currency. I choose cryptocurrency because it can make money from cyptocurrency, by way of trading. Another advantage
cryptocurrency compared to fiat currency is a safer transaction because all transactions are carried out digitally. In my opinion it should be the
government legalized cryptocurrency to be an alternative payment. But as we know the government in some countries still prohibits use of
cryptocurrency as a payment. For reasons that cannot be controlled and the price is volatile.

[gundala]

Cryptocurrency vs. Fiat currency, which of the two do you think better? There so many differences between those two kinds of currency, but what currency do you prefer more, what currency suits your wants and needs,

I like both, it is very difficult to determine which is better because for me both have their respective functions and advantages. For economic activities in the real world I always use fiat, it is more effective because the adoption of cryptocurrency for payment of daily needs where I have not been seen, after all, making payments for micropayments is more effective with fiat. Whereas I make cryptocurrency as an alternative job to get money, from trading and bounty.

[Fappanu]

We don't need to choose, because this two are both useful to us like crypto currency that can give profit to us by just buying at low price and sell when price start to increase, we can also use this to have past transaction and to store assets with no government fees and other.  And also in fiat currency we can use this to buy our daily needs fiat are many ways to use like buying in store and many more.

[Eugenar]

Fiat for daily use.

While bitcoin or cryptocurrency for investment.

It's the embraced use of cryptocurrency today but we have to spend it in the most possible way to enjoy it. I have used it to shop for many times but our society is not yet ready to go all-in with crypto.

Indeed, all that you have said is all true, and there is a big difference between the two kinds of currency, fiat as for daily use and cryptocurrency as for investment as what you have said, it is better to invest the cryptocurrency than fiat because cryptocurrency, as we all know, is volatile which means it changes its price day by day and that is why it becomes useful for investment, investment in cryptocurrency is more convenient compared to fiat currency when it comes for differentiating between the online thing to the manual stuff, it is always convenient in online, such as, gambling, lending, trading, as well as the investments. The idea in the real world is, it has so many processes before you accomplish all the things.

[Eugenar]

You are in the forum of cryptocurrency and especially it is a Bitcoin forum. Expect to get more answers and favor on cryptocurrency and for sure it will be biased.
But I am just surprised for those telling that fiat for daily used?
Why not also cryptocurrency? Because of transaction fees? Well, it is. But there is lightning network already and other cryprocurrency with almost 0 transaction fees.

Well said, Even we are in the section of bitcoin discussion, it won't still be biased because we all have that two kinds of currency, so basically are using that two kinds of money so we can compare both things, anyways those two are a good one, with their purposes.

Those comments about fiat are really accurate that it is for daily use because we can use anywhere and anytime, unlike the cryptocurrency. Because there are still some countries that don't accept the bitcoin or any cryptocurrencies in their land so by that, they can say that fiat is more usable for daily, where we can use for our everyday life. Still, cryptocurrency is also useful, especially for investments because it is volatile.

[xvids]

They are both different from each other and excel on both of their fields,
So it would depend on what we need and what would we do,
You've already given out the information of each currency so you should also know that it would be hard to know whih one is better.

[bering]

Cryptocurrency might be slightly better than fiat but there was several disadvantages from using it and one of them is volatile and i think from this factor too many countries didn't dare to admit cryptocurrency as the currency because maybe they thought the currency should be stable and if the value of the particular currencies not stable or full of volatile then it can makes inflation and that is not good for economy country

[verita1]

After learning about cryptocurrencies I have realized that I need them both equally. My local currency is in inflation for which crypto has allowed me to support my family.

I also think that a global transformation is taking place in the economy caused by Bitcoin and cryptocurrencies. Every day there are more people who join to create solutions with the use of them.

[Oasisman]

Cryptocurrency might be slightly better than fiat but there was several disadvantages from using it and one of them is volatile and i think from this factor too many countries didn't dare to admit cryptocurrency as the currency because maybe they thought the currency should be stable and if the value of the particular currencies not stable or full of volatile then it can makes inflation and that is not good for economy country

Yes, and that's the reason why we don't need to choose between the two currencies, because we could both use them in a daily basis. The very volatile nature of Bitcoin is essential for us investors and the traders, while fiat can be the primary option for payment.
Fiat currency wont be phased out and be replace with Bitcoin. Both will co-exist.

[Ozero]

It is still premature to raise the question of choice: cryptocurrency or fiat. Cryptocurrency in my country is not yet so widespread that it can be freely used and that it could completely replace the traditional state money with it, even if I wanted to. At this stage, you need to use both cryptocurrency and fiat. And in the future, it is unlikely that we can fully switch to using only cryptocurrency. It seems to me that vseravno periodically there will be various situations when we can not do without the usual currency. It is best to use different types of currencies, because each of them has its own advantages and disadvantages.

[TheUltraElite]

After learning about cryptocurrencies I have realized that I need them both equally.

But point is that people dont understand this statement well. Both methods of payment have their pros and cons, issues in usability and the concept of inflation/deflation. But they fail to adjust to what is necessary to use at a certain point of time. You will be more comfortable to pay the local grocery with fiat if they have never allowed crypto at all. But for playing in an online bitcoin casino you will not use fiat.

My local currency is in inflation for which crypto has allowed me to support my family.

That is sad to know. I hope things get better there.

I also think that a global transformation is taking place in the economy caused by Bitcoin and cryptocurrencies. Every day there are more people who join to create solutions with the use of them.

Although this is optimistic, you have to understand the full picture. All those projects ended up failing and falling hard. None of them have been able to come out of debt or develop their MVP to something worth a public use.

[Lecam]

Cryptocurrency vs. Fiat currency, which of the two do you think better? There so many differences between those two kinds of currency, but what currency do you prefer more, what currency suits your wants and needs,

First things first, let us define the two currencies. Cryptocurrency is all the money we have online, it is decentralized and global, it can be bitcoin, etheruem, litecoin, XRP, and many others. which is a currency that is volatile, which means it changes its price day by day, there is no static price to all of it, so it is outstanding in investing and trading in cryptocurrency and patience is what you only need here. While Fiat currencies are those physical currencies that you can touch and use to buy in real life, such as Pesos, dollars, etc. those are what we called the central government, which has a fixed price at all.

Big difference between fiat and crypto currency. Fiat is our daily use we can use it anytime we want but crypto currency is we need first to convert it in fiat currency. Fiat we buy anything we want any store accept fiat but in crypto currency some only accept it and all store accepting crypto currency.

[whyrqa]

Cryptocurrency vs. Fiat currency, which of the two do you think better? There so many differences between those two kinds of currency, but what currency do you prefer more, what currency suits your wants and needs,

First things first, let us define the two currencies. Cryptocurrency is all the money we have online, it is decentralized and global, it can be bitcoin, etheruem, litecoin, XRP, and many others. which is a currency that is volatile, which means it changes its price day by day, there is no static price to all of it, so it is outstanding in investing and trading in cryptocurrency and patience is what you only need here. While Fiat currencies are those physical currencies that you can touch and use to buy in real life, such as Pesos, dollars, etc. those are what we called the central government, which has a fixed price at all.

Big difference between fiat and crypto currency. Fiat is our daily use we can use it anytime we want but crypto currency is we need first to convert it in fiat currency. Fiat we buy anything we want any store accept fiat but in crypto currency some only accept it and all store accepting crypto currency.

Undoubtedly, the use of Fiat today is welcomed primarily because of their convenience, and also because people do not understand the cryptocurrency and before using cryptocurrency, you need to have at least a little knowledge of How to use it and keep your cryptocurrency funds safe  .  But the difference between Fiat and cryptocurrencies does not end there, because in my opinion the strong advantage of cryptocurrency over Fiat is its limited amount, which will not allow inflation to burn your home budget, as it happens with fiat money.

[maydna]

Cryptocurrency vs. Fiat currency, which of the two do you think better?

Both the cryptocurrency and fiat currency is good. We use fiat currency in our daily life to buy our daily life while we use cryptocurrency for the investment. But in some countries, people can use cryptocurrency to buy something, so I think that will depend on what we want because both can be a payment system to buy something.

Yes, both the cryptocurrency and fiat currency have advantages and disadvantages. But people still use fiat than crypto so perhaps, people in out there still think that fiat is better than crypto.

[charlesmichel1]

I prefer crypto for many reasons, but I have to use fiat money for everyday purchaces because it's widely accepted.
We may say that cryptocurrencies are about financial freedom and privacy, but we can't make our employers pay salaries in Bitcoins, for example. So fiat wins if we look in this way.

[Free1bitco.in]

After learning about cryptocurrencies I have realized that I need them both equally. My local currency is in inflation for which crypto has allowed me to support my family.

I also think that a global transformation is taking place in the economy caused by Bitcoin and cryptocurrencies. Every day there are more people who join to create solutions with the use of them.

we do need both, especially for countries that reject crypto as a means of payment. however, using both is the best thing. maybe you can use cryptocurrency, but you will find it difficult to use it for real, because until now not many people realize cryptocurrency as a transaction tool, but only as an investment tool. however, I also cannot choose one of them, although I often use cryptocurrency in business matters

[shoreno]

I prefer crypto for many reasons, but I have to use fiat money for everyday purchaces because it's widely accepted.
We may say that cryptocurrencies are about financial freedom and privacy, but we can't make our employers pay salaries in Bitcoins, for example. So fiat wins if we look in this way.

arent you aware that other countries are now paying thier salaries using cryptos like btc ?  especially if the company that your working is related to crypto also but its also a good idea to ask if what your employees prefered for payment because there are peeps that prefer usd or local fiat conversion between cryptos because they dont want thier salary to go down by the time of payday   .

  also there are countries that cryptos are being accepted on most stores   . if your one of these , you can enjoy using your cryptos everyday   . 

[lepbagong]

technologically clear crypto will be easier because without limitation of the country with all the rules, if fiat is more real and only real to be used, but indeed it is used more often than crypto.
for long-term and medium-term investment, crypto is superior and highly desirable because the benefits are also quite good, if not lazy to analyze deeply. but fiat is only stored in banks and with interest determined by the state and is not large.
In times of progress like this, crypto is still superior to the ease it receives, but unfortunately there are still some crypto countries that are still constrained by rules.

[Latviand]

This have been discussed before and the bottomline to which one is better depends on the mindset of an individual. If a person is into investment, ofcourse it would be in favor with cryptocurrency, as well if it is convenience with regards to faster transactions. But if a person is into just storing his money, without having risk, fiat would be a better currency and also, it has advantages for being widely used in different countries unlike in cryptos wherein it is not yet legal to some countries. This simply states that both crypto and fiat has their own advantages at the moment.

I prefer crypto for many reasons, but I have to use fiat money for everyday purchaces because it's widely accepted.
We may say that cryptocurrencies are about financial freedom and privacy, but we can't make our employers pay salaries in Bitcoins, for example. So fiat wins if we look in this way.

This is yet the problem nowadays. Cryptos are already recognized to some countries wherein it is widely being used but there are still countries wherein it is not. At this moment, fiat is more advantageous due to the issues that it is facing. But who knows what could happen in the future once changes occured.

[KrisAlex18]

I prefer more the Fiat currency than cryptocurrency because it is for our daily use, and it is more convenient to use. The excellent thing in Fiat currency is the safeness, unlike to the cryptocurrency where there are so many hackers and spammers, and they will easily hack your account if they will know your information or if your account is not secured, and if they hacked your account there is low chance for you to recover your account, unlike to the fiat currency where it is so easy for you to detect the person who steals your money or properties. Still, somehow cryptocurrency is also useful, especially in terms of investments.

If it is for daily use of course we would prefer Fiat over crypto,
But for holding or saving up I would prefer crypto over Fiat to take advantage of the high volatility and to gain more.
Even if crypto could be used for payment in any transaction people would prefer to use Fiat currency over crypto because of it's chance to increase it's price due to demand.
Most of us are eager to see it being accepted but doesn't want to use it even if they could because it is an investment tool for most of us.

Indeed, we all prefer the fiat currency if we talk about for daily use, while we prefer cryptocurrency when we talk about investments because the investment of cryptocurrency is really profitable because the price of every cryptocurrency always changes its price day by day. Those two currencies are all good, depends on the situation and purposes.