Why should we use cryptocurrency instead of fiat?

[Domithra]

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.

[owmivmen]

I think it only needs to have an agency that oversees crypto transactions to be used maximally in the real world like fiat.

[Bobcrypto]

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.

[Breadwinner]

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.

[Alenas2018]

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.

[marcsymons]

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.

[laughingburger]

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. 

[Mntree]

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.

[jbc081475]

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.

[comer]

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.

[BatBit]

Cryptocurrencies have a very powerful idea, but they are not so developed yet. They'll be better than fiat in the future.

[RedzoneASE19]

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.

[skjude001]

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.

[Zuriel]

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.

[rightway]

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.