Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Domithra on July 13, 2018, 02:43:36 AM

Title: Why should we use cryptocurrency instead of fiat?
Post by: Domithra on July 13, 2018, 02:43:36 AM
There are quite a good number of reasons to be given for the reason to use cryptocurrency over fiat. Cryptocurrency especially Bitcoin is decentralized hence offers owner control over transactions without any third party interference. It also gives users fast transaction speed, low cost per transaction and good security.
Title: Re: Why should we use cryptocurrency instead of fiat?
Post by: owmivmen on July 13, 2018, 04:02:17 AM
I think it only needs to have an agency that oversees crypto transactions to be used maximally in the real world like fiat.
Title: Re: Why should we use cryptocurrency instead of fiat?
Post by: Bobcrypto on July 13, 2018, 08:48:21 AM
There are quite a good number of reasons to be given for the reason to use cryptocurrency over fiat. Cryptocurrency especially Bitcoin is decentralized hence offers owner control over transactions without any third party interference. It also gives users fast transaction speed, low cost per transaction and good security.

In addition, most crypto purchases are discrete. Unless a user voluntarily publishes his or her cryptocurreny transactions, purchases are never associated with his or personal identity, much like cash-only purchases, and cannot be traced back to him. In fact, the anonymous crypto address that is generated for user purchases changes with each transaction.
Title: Re: Why should we use cryptocurrency instead of fiat?
Post by: Breadwinner on July 13, 2018, 10:42:10 AM
There are quite a good number of reasons to be given for the reason to use cryptocurrency over fiat. Cryptocurrency especially Bitcoin is decentralized hence offers owner control over transactions without any third party interference. It also gives users fast transaction speed, low cost per transaction and good security.

I think it is very secured  and also for the transactions they are very fast too.
Title: Re: Why should we use cryptocurrency instead of fiat?
Post by: Alenas2018 on July 19, 2018, 05:33:45 AM
There are quite a good number of reasons to be given for the reason to use cryptocurrency over fiat. Cryptocurrency especially Bitcoin is decentralized hence offers owner control over transactions without any third party interference. It also gives users fast transaction speed, low cost per transaction and good security.
what you have mention today is the main reason why they choose over fiat money. but still fiat is the closest to commodity. but soon it will be taken over by crypto.
Title: Re: Why should we use cryptocurrency instead of fiat?
Post by: marcsymons on July 19, 2018, 06:36:22 AM
There are quite a good number of reasons to be given for the reason to use cryptocurrency over fiat. Cryptocurrency especially Bitcoin is decentralized hence offers owner control over transactions without any third party interference. It also gives users fast transaction speed, low cost per transaction and good security.

I'm sorry to disagree that Bitcoin transaction is fast and low cost but i will agree to the security issue. Average low transaction of every exchanges thru block chain is 30 minutes with flat charges therefore can you afford to wait 30 minutes for the cashier to confirm every transaction of yours? How about mining flat charges for every item that you shop? Except if these two things will be resolve then for me Bitcoin is just an investment to earn more fiat for our daily spending need.
Title: Re: Why should we use cryptocurrency instead of fiat?
Post by: laughingburger on July 19, 2018, 07:51:49 AM
There are quite a good number of reasons to be given for the reason to use cryptocurrency over fiat. Cryptocurrency especially Bitcoin is decentralized hence offers owner control over transactions without any third party interference. It also gives users fast transaction speed, low cost per transaction and good security.

I agree on what you say that sing crypto is low cost but if compare to using fiat there is no cost at all. Transaction speed wise sometimes is fast but sometimes you still experience hiccup and your transaction does not go through after numerous try which might be many people are transacting as well. 
Title: Re: Why should we use cryptocurrency instead of fiat?
Post by: Mntree on July 19, 2018, 11:38:43 AM
There are quite a good number of reasons to be given for the reason to use cryptocurrency over fiat. Cryptocurrency especially Bitcoin is decentralized hence offers owner control over transactions without any third party interference. It also gives users fast transaction speed, low cost per transaction and good security.
For me fiat was good but if we talk about an investment all I can say was It is the best to choose currency because anytime the value will grow and that have a chances to be doubled.
Title: Re: Why should we use cryptocurrency instead of fiat?
Post by: jbc081475 on July 19, 2018, 12:20:48 PM
There are quite a good number of reasons to be given for the reason to use cryptocurrency over fiat. Cryptocurrency especially Bitcoin is decentralized hence offers owner control over transactions without any third party interference. It also gives users fast transaction speed, low cost per transaction and good security.

I think it is very secured  and also for the transactions they are very fast too.

I agree as crypto has faster transaction compared to Fiat because crypto is a decentralized and safe to used.
Title: Re: Why should we use cryptocurrency instead of fiat?
Post by: comer on July 19, 2018, 12:27:26 PM
I prefer to use fiat than bitcoin on payment method. There are so many issues that need to be corrected before a crypto currency could go over fiat. Wallet keys are vulnerable to hackers if opening on public connections. The security is at risk, since bitcoin dependent of internet connection. Unlike fiat where paper money play great role in the economy.
Title: Re: Why should we use cryptocurrency instead of fiat?
Post by: BatBit on July 19, 2018, 12:28:33 PM
Cryptocurrencies have a very powerful idea, but they are not so developed yet. They'll be better than fiat in the future.
Title: Re: Why should we use cryptocurrency instead of fiat?
Post by: RedzoneASE19 on July 19, 2018, 01:20:20 PM
I think that cryptocurrency can over power fiat that is why I am hoping that the government will fully allow cryptocurrency all over the world.
Title: Re: Why should we use cryptocurrency instead of fiat?
Post by: skjude001 on July 19, 2018, 02:22:16 PM
There are quite a good number of reasons to be given for the reason to use cryptocurrency over fiat. Cryptocurrency especially Bitcoin is decentralized hence offers owner control over transactions without any third party interference. It also gives users fast transaction speed, low cost per transaction and good security.
I think one good reason is that its fast more like an instant transaction. And it could be accept from all over the world. we dont need to exchange anymore. cryptocurrencies will be universal in the future.
Title: Re: Why should we use cryptocurrency instead of fiat?
Post by: Zuriel on July 19, 2018, 03:38:23 PM
There are quite a good number of reasons to be given for the reason to use cryptocurrency over fiat. Cryptocurrency especially Bitcoin is decentralized hence offers owner control over transactions without any third party interference. It also gives users fast transaction speed, low cost per transaction and good security.
Exactly. I am very hopeful that someday the world will use digital currency instead of fiat. Using crypto currency as a payment system is very advisable because no need third person for making a transaction unlike the traditional system.
Title: Re: Why should we use cryptocurrency instead of fiat?
Post by: rightway on July 19, 2018, 03:52:13 PM
The big advantages of bitcoin over fiat its becuse bitcoin while being use in some payment transactions it can be use also as an investment.
Title: Re: Why should we use cryptocurrency instead of fiat?
Post by: korkorjkk on July 19, 2018, 04:25:46 PM
Cryptocurrency is well known for the decentralized system and its speed. It does not need third party interference but the owners are responsible for transactions that take place.
Title: Re: Why should we use cryptocurrency instead of fiat?
Post by: kurapika on July 19, 2018, 04:26:26 PM
People will still prefer to use fiat since crypto is still in the process as I can't find any establishment that accept crpyto here in my country. Maybe in the future we can see mass adoptions of cryptocurrency and take advantage on their decentralized features and speed.
Title: Re: Why should we use cryptocurrency instead of fiat?
Post by: eurcoin88 on July 19, 2018, 05:39:57 PM
There are quite a good number of reasons to be given for the reason to use cryptocurrency over fiat. Cryptocurrency especially Bitcoin is decentralized hence offers owner control over transactions without any third party interference. It also gives users fast transaction speed, low cost per transaction and good security.

The advantage of cryto rather than fiat because it doesn’t have a physical tangible form which is why it’s called digital. Unlike all other forms of currency’s, it’s intangible so you can’t touch it, smell it, or put it in a safe (kind of). This makes it hard for the older generations to take it seriously but it is being used to purchase, sell and transfer billions of dollars every single day.
Title: Re: Why should we use cryptocurrency instead of fiat?
Post by: cryptothief on July 19, 2018, 11:08:44 PM
It's going to be a long ride. Crypto currently has nowhere near the versatility that fiat has, although I'm sure this will change over the years to come. I'm happy to wait, but for the moment I still convert crypto to fiat when I am deciding value. Once I start thinking in crypto, I'll know that it has reached the point of mass adoption for both purchasers and sellers, be they individuals or institutions.
Title: Re: Why should we use cryptocurrency instead of fiat?
Post by: jonathancool220 on August 28, 2018, 04:12:19 PM
if you go abroad and you have Bitcoin then you can buy anything there when the store provides a Bitcoin wallet.

different from FIAT which must be exchanged first to get your food order.
Title: Re: Why should we use cryptocurrency instead of fiat?
Post by: Doctor on August 28, 2018, 04:34:47 PM
There are quite a good number of reasons to be given for the reason to use cryptocurrency over fiat. Cryptocurrency especially Bitcoin is decentralized hence offers owner control over transactions without any third party interference. It also gives users fast transaction speed, low cost per transaction and good security.

Because many advantages of  crypto currency. It is good investment and best payment method.
Title: Re: Why should we use cryptocurrency instead of fiat?
Post by: Guerreiro on August 28, 2018, 04:57:15 PM
Cryptocurrency service is better than fiat and the advantages of cryptocurrency is really far ahead of fiat. But sometimes I wonder if we really don't need anymore the fiat since cryptocurrency is only for the educated person and can't be useful for people who has no life chances or the opportunity to understand this matter.
Title: Re: Why should we use cryptocurrency instead of fiat?
Post by: oo7 on August 29, 2018, 10:24:25 AM
There is only one thing I like to always hold cryptocurrency rather than fiat. Cryptocurrencies might decline but might also experience a tremendous growth of your money. With banks, your money keeps declining every month and the growth if necessary is not huge. I love to hold cryptos rather than fiat.

Using cryptocurrencies is secured as compared to fiat. your control your own security with careful measures and it makes you seem you are your own bank. You transact at any time you want and any amount you want without delay.
Title: Re: Why should we use cryptocurrency instead of fiat?
Post by: Speaker on August 29, 2018, 12:09:58 PM
Cryptocurrencies have a lot of advantages over Fiat money, but also have disadvantages in the form of high volatility. But the fact that cryptocurrencies are faster, cheaper and more anonymous gives them a huge advantage over the dollar.
Title: Re: Why should we use cryptocurrency instead of fiat?
Post by: Jaguar on August 29, 2018, 12:18:03 PM
In order to make cryptocurrency faster to welcome we must use crypto instead of fiat. This technique is quiet good for further massive progress of crypto.