Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Domithra on August 08, 2018, 09:43:52 AM
-
Well i can't say much about the significance of cash over crypto because i know the otherwise overweighs what the topic demands. One best advantage of cash or the Fiat is that it has got the backing of the governments hence allays all fears in its holders. With cryptocurrency, there is no central authoritative body in absolute control, as this may lead to further delay and charges in its transactions. Cryptocurrency is more secured, fast transaction and low costs with its transactions.
-
I wont say and will never believe that cash is better than cryptocurrency. Looking at the centralized form of cash or fiat currencies I see it as not secured.
-
at the moment the cash is really better than the Crypto currency. But with the development of the digital economy, cash flow will wither away as it was with barter exchange in ancient times
-
The only advantage of cash over cryptocurrency is the fact that is the legal tender for exchange of goods and services while cryptocurrency is not legalised. One can also say that cash is less stress free to use and it requires no technological know- how.
-
With cash, you always know the specific amount of money you have. Since crypto is very volatile, it is very difficult to specify the amount of money you have because the price keeps fluctuating all the time and it is never fixed.
-
Fiat is convenient for everyone. We are all accustomed to these papers and we depend on them. Crypto does not depend on anyone and this is its value for many. I think soon the situation will change for the better, regarding the crypto-currency ;)
-
Cash is cash and crypto is crypto, we cannot deny the fact that many people are really wanted to have cash than crypto, because crypto is not really as popular as cash.
-
I think that the main advantage of cash and every FIAT is that it's recognised everywhere and it's very stable compared to crypto
-
Cash controlled or managed by the government for everybody's good. To balance the demands and wants of the people. Crypto is decentralized and couldn't be manage by government as for now.
-
Well, you can't buy anything at mall or even at traditional market in my country no matter how rich you are in crypto because it is forbidden in my country.
-
all currencies have their respective advantages. but in my opinion, what is still safe is that fiat is already recognized by the state and a stable price. different from crypto who are at risk of experiencing a large decline.
-
Cash or fiat is a legitimate transaction tool that we have known for a long time, and everyone from every class knows about this money, if in terms of value, I am more in favor of digital money cryptocurrency. Digital money can beat cash, and digital money can be used as assets and traded for profit quickly.
-
What they worry about in cryptocurrency is the price that is always moving and uncertain so that it can cause harm to them. for those who already understand it will make sense if there is a price for a token up and down
-
all currencies have their respective advantages. but in my opinion, what is still safe is that fiat is already recognized by the state and a stable price. different from crypto who are at risk of experiencing a large decline.
Agree cash is better because this is not affected by market volatility or any market fluctuation compare to cryptocurrency which the market value will easily decreases.
-
My opinion is, cash is better to make a payment for buying and selling now, but having digital money will make us gain tremendous benefits in the future.
-
Well i can't say much about the significance of cash over crypto because i know the otherwise overweighs what the topic demands. One best advantage of cash or the Fiat is that it has got the backing of the governments hence allays all fears in its holders. With cryptocurrency, there is no central authoritative body in absolute control, as this may lead to further delay and charges in its transactions. Cryptocurrency is more secured, fast transaction and low costs with its transactions.
For now, I think cash ia more stable than crypto currency. It is the reason why cash is better than crypto.
-
Now people use more money.People use crypto currency less.people think money is safe.Many countries do not support crypto coin.But I hope people will use the crypto coin in the future.
-
Well i can't say much about the significance of cash over crypto because i know the otherwise overweighs what the topic demands. One best advantage of cash or the Fiat is that it has got the backing of the governments hence allays all fears in its holders. With cryptocurrency, there is no central authoritative body in absolute control, as this may lead to further delay and charges in its transactions. Cryptocurrency is more secured, fast transaction and low costs with its transactions.
Because cash is more useful than crypto for cash transaction. But crypto is more potential for online transaction. Cash is more stable than crypto.
-
Cash is very convenient to use and stable currency, unlike crypto is very volatile and it take times to transac so crypto.