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Author Topic: Cryptocurrency or Fiat.What wins?  (Read 6811 times)

Offline Yahud

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Re: Cryptocurrency or Fiat.What wins?
« Reply #15 on: October 17, 2018, 06:02:22 PM »
Crypto remains a digital coin, simply that Fiat money is real money, while Crypto is Digital money. So I think Crypto will not be able to replace Fiat's money position. because we live more in the real world not cyberspace. but they can support each other. because we live in the real world and cyberspace  :D

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Re: Cryptocurrency or Fiat.What wins?
« Reply #15 on: October 17, 2018, 06:02:22 PM »

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Offline Quart

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Re: Cryptocurrency or Fiat.What wins?
« Reply #16 on: October 17, 2018, 10:56:35 PM »
I don't want to compare between Cryptocurrency and Fiat. I don't understand why people compare it. I think it is no need to compare them since we can use both of them. Although crypto has been a part of our life, it doesn't mean we don't need Fiat. Fiat cannot be replaced, it will be there forever.

Offline xeroz

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Re: Cryptocurrency or Fiat.What wins?
« Reply #17 on: October 17, 2018, 11:07:33 PM »
I don't think that each should win and one should lose. The use of fiat and cryptocurrency in this time can be supporting each others. Fiat is however used for our daily payment method and we will need it so much. But cryptocurrencies, are the technology, to be used for future, it is very promising to earn money from trading or investment.
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Offline WWoF

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Re: Cryptocurrency or Fiat.What wins?
« Reply #18 on: October 17, 2018, 11:44:07 PM »
In my opinion we can see that in next 50 years. Because already too many people stop using that paper money. People already using credit cards always. So with some future technological developments or telephone applications using crypto currencies like that will be really easy. Also i want to talk about govermental money and crypto currencies. I believe crypto currencies replace fiat money. because already we can see there are too many countries try to create their own coins etc.  surely that will be in next 50 years i think. that is completely revolution.

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Re: Cryptocurrency or Fiat.What wins?
« Reply #19 on: October 18, 2018, 12:05:15 AM »
Now there are a lot of assumptions about whether the cryptocurrency can completely replace Fiat money? Personally, I believe that in the near future, it is possible that the cryptocurrency will be an addition to Fiat, but never completely replace it.What do you think about this?

I agree mate. In the near future, The crypto currency will be an addition to fiat, But at the coming future Crypto currency will replace fiat money.
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Offline de Ghoniyu

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Re: Cryptocurrency or Fiat.What wins?
« Reply #20 on: October 18, 2018, 12:22:43 AM »
Now there are a lot of assumptions about whether the cryptocurrency can completely replace Fiat money? Personally, I believe that in the near future, it is possible that the cryptocurrency will be an addition to Fiat, but never completely replace it.What do you think about this?

I always believe Crypto currency is the future currency. It will be replace fiat money at the future. But in the near future, It will be additions to fiat.

Offline Fenix

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Re: Cryptocurrency or Fiat.What wins?
« Reply #21 on: October 18, 2018, 12:33:19 AM »
Cryptocurrency can never replace the national money of states. No state will allow this to happen, otherwise the economy of any strong state will quickly become disrupted. Cryptocurrency can only go along with the national money, then they will benefit both people and the state.

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Re: Cryptocurrency or Fiat.What wins?
« Reply #21 on: October 18, 2018, 12:33:19 AM »


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Re: Cryptocurrency or Fiat.What wins?
« Reply #22 on: October 18, 2018, 12:42:27 AM »
Fiat currency is legal tender backed by a central government and cryptocurrency is not. But fiat only stable price. if you want to get more profit of course you will invest in cryptocurrency not in fiat. People usually convert crypto asset to Fiat when they feel the market is in down turn and convert it back when they feel its time for crypto to growth. about the cryptocurrency can replace the Fiat money i think it wont be for a moment but at the future who knows.

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Re: Cryptocurrency or Fiat.What wins?
« Reply #23 on: October 18, 2018, 01:09:00 AM »
Crypto currency will not completely replace fiat money. One reason is because crypto cannot be controlled by the government. Other than that, crypto prices have never been stable, they are easy to change.

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Re: Cryptocurrency or Fiat.What wins?
« Reply #24 on: October 18, 2018, 01:28:41 AM »
Now there are a lot of assumptions about whether the cryptocurrency can completely replace Fiat money? Personally, I believe that in the near future, it is possible that the cryptocurrency will be an addition to Fiat, but never completely replace it.What do you think about this?

I think It will take several years Crypto currency can replace fiat. I predict at the coming future It will happen.

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Re: Cryptocurrency or Fiat.What wins?
« Reply #25 on: October 18, 2018, 03:02:16 AM »
Both of them has their own advantage. Fiat is stable currency and its backed up by the government and Cryptocurrency is an investment so when you invest in them you can get the profit or you will lose. So thats why better choose the good cryptocurrency to invest and i think in the future cryptocurrency will be the one of the good investment to invest. You just need to research them first and then decided to invest at what coin.

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Re: Cryptocurrency or Fiat.What wins?
« Reply #26 on: October 18, 2018, 03:44:00 AM »
It will never happen because FIAT is a stable financial symbol of the country.
The cryptocurrency can only be used as a business and will never replace FIAT.

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Re: Cryptocurrency or Fiat.What wins?
« Reply #27 on: October 18, 2018, 05:07:43 AM »
Fiat is still needed for traditional payment systems and crypto brings good blockchain technology to a transparency of payment systems. so fiat and crypto must be together because they have the same benefits as payment systems.
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Re: Cryptocurrency or Fiat.What wins?
« Reply #28 on: October 18, 2018, 05:57:22 AM »
we know that not everyone can accept crypto well. there are still many people who need fiat money for their daily needs. I think cryptocurrency is better for use as an investment.
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Offline danivan7

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Re: Cryptocurrency or Fiat.What wins?
« Reply #29 on: October 18, 2018, 07:10:29 AM »
Now there are a lot of assumptions about whether the cryptocurrency can completely replace Fiat money? Personally, I believe that in the near future, it is possible that the cryptocurrency will be an addition to Fiat, but never completely replace it.What do you think about this?


cryptocurrency will never replace fiat, because cryptocurrency is asset like gold.
but for value cryptocurrency will be higher than fiat, because crypto have max value, and fiat no maximum value.
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