fiat and cryptocurrency

[Speaker]

I am sure that in the future we will see a synergistic effect when Fiat money will use the advantages of cryptocurrencies-such as cheap commissions , speed and transfer anywhere in the world quickly and cheaply.
Cryptocurrency will not be allowed to exist independently, at least in the form in which it is now.

[masterrex]

Which will you going to choose after the crypto currency invented and see how it worse, will still love to let fiat money exist or change it with crypto?

I think your getting it out of context in some portion crypto-currency is a revolutionary technology invented, just dont look at it on the bad side consider it as a whole, in fiat money where usually transacted inside a bank you cant transfer funds in millions without the montrous fees charge by centralized banking while in crypto-currency you only charge pennies with instant transaction, thats the huge difference by the way if you want a cryptocurrency that has stable in value you can have the stable coins.

[comer]

Which will you going to choose after the crypto currency invented and see how it worse, will still love to let fiat money exist or change it with crypto?

I love fiat, its exist long time ago and replacing or changing the system would be very hard. It is mostly use by all of the people in the world, and I think crypto is not yet ready to take over fiat system. The world must unify first and accept the crypto system in order to have a smooth transition from fiat to crypto...

[UNIVERSE]

Nope, both fiat and crypto are very worth it for me. First, fiat is the one that will make my life easier daily. This is also used for all kind of society in this worldwide without the gap of technology. This society is very varied and we cannot apply crypto for all transactions, this is too difficult. Crypto can be part of the transaction method and investment, but not for replacing fiat.

[ribowo76]

If possible, I personally prefer to use crypto for all payment transactions. But unfortunately, for now. That seems impossible, because there are still many countries that are not ready to apply the payment system using crypto

[Malam90]

Fiat currencies will alive and also digital currency like BTC, ETH and some strong coins. Some people say, digital currencies will replace fiat currencies but i don't think so. There are many areas and many people who are illiterate, there digital currency is a difficult term. Fiat and digital will exist.

[Altcoin1998$]

Fiat and cryptocurrencies both are very popular and important in economic concepts. Bank like Fiat and dislikes cryptocurrency. But people now starting to like bitcoin and cryptocurrencies.

[sr.arthur4868]

I am still happy with fiat money. Although investing in crypto is very profitable for me. But for now, I'd better save it in Fiat. Still observing the situation, whether to re-invest in crypto or not.

[trauchot]

So far, I will choose fiat money because they are recognized all over the world and it’s easier with them, if governments will recognize cryptocurrency all over the world and will make it legalized, of course I would not mind if the whole world would switch to cryptocurrency.

[@Royale]

It is very clear that technology is on the rise [and cryptocurrency is surely a big part of that technology], but for those people who were living in extreme poverty, cryptocurrency is anything but just one plain simple word and mean nothing at all. Those people living in rural areas [far away provinces with still no electricity], i believe, fiat is the only currency they were familiar with and will accept.

Despite the given fact above, for some who were given the opportunity to be knowledgeable about and earned a lot from cryptocurrencies, there is no doubt that this will be their preferred one. With reasons like; no middleman, trustless design, secure, etc.
Cryptocurrency is very much still volatile that's why, i, personally, still prefer fiat than cryptocurrency. In addition, we still need fiat to buy those cryptocurrencies in the first place right?

[aiviaa485]

Cryptocurrency cannot replace FIAT because on its basis it cannot be stable.
With the existence of cryptocurrency it is the same as providing opportunities for trading, as a valuable asset, if combined with FIAT it will create a result in the form of profit and loss.