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Calvinpriva

Crypto is VALUED, Fiat is POWERFUL

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Hi guys,

What is your opinion about this two currencies, there are differences and every coin has its uses but i think there is one which is top than another, so which is it? 

 

For me i say fiat is top of crypto, this is because crypto is not controlled by any leaders, offices or governments but you control it yourself. But fiat is controlled by the governments and banks, so fiat is top of crypto because its very powerful money and its controlled by powerful people. Though crypto is a valued money but its hard for it to become top of fiat.

 

What do you think about this?

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Time is the ultimate weapon!

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4 hours ago, Calvinpriva said:

Hi guys,

What is your opinion about this two currencies, there are differences and every coin has its uses but i think there is one which is top than another, so which is it? 

 

For me i say fiat is top of crypto, this is because crypto is not controlled by any leaders, offices or governments but you control it yourself. But fiat is controlled by the governments and banks, so fiat is top of crypto because its very powerful money and its controlled by powerful people. Though crypto is a valued money but its hard for it to become top of fiat.

 

What do you think about this?

Fiat is whole another game and there's no competition between cryptos and fiat yet, but it actually overlaps with some centralized cryptos (corporate money) as they would be controlled by powerful few too.

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to me both currencies fiat and crypto are well valued.but allso we can't deny thhe fact that fiat currency is old medium of payment and we are using it since many centuries ago.where as crypto is new compare to fiat

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Fiat is what many people live on, buy food for themselves. Cryptocurrency of a different warehouse and it takes time. Bitcoin is created in order to invest and make a profit.

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Yes of course also I think fiat is more powerful that cryptocurrency but why? Because fiat money is regularized and is used in all countries without any obstacles, about cryptocurrency is not regularized and is used anonymous still is not exist in all countries.

 

 


 

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I think fiat currency is the most valuable and powerful so far because every countries have their own currency and USD is accepted all around the world.Fiat currency,  It is the traditional payment methods and widely used everywhere but crypto is still banned in some countries. 

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I think that the side you mentioned about government control is a source of strength for crypto, not the other way around. The world is now looking for a way to get rid of the restrictions and to control its money by itself.

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With fiat being controlled then there is likely tge chance of it having limitations wich is not a good idea for investors but with crypto having no limitations influence it give chance for unlimited possibilities 

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Fiat is much more valuable during this hard times because people can't go to work anymore meaning that they cannot earn money anymore. That's why many have sold their cryptos 

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You are right, power is what keeps Fiat at top, but what if crypto takes that power, Fiat would lose a hostage.

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Actually Bitcoin can be considered a hedge to fiat currencies, for reasons of fiat getting devalued by 90% every50 years, through endless printing of new paper national currencies. Since fiat is not backed by anything but trust for governments, when this trust fails then the fiat loses all intrinsic value. Bitcoin is based on trust in the code. This in my opinion has more instrinsic value. 

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I liked the title - "crypto is valued and fiat is powerful")))) I think that it is really so)))) fiat is historically powerful, because it appeared first before crypto)) of course digital money are very good means for payments online, that are faster, and do not require so much physical strength and physical equipment like for fiat operations. But people still prefers fiat in most cases where they would like have the guarantee of no real risks, no control of government and sometimes it is even more profitable, because has no fee for transactions. But crypto is really valued, because it gives sometimes good income, that the fiat can not give to you. and I think that despite of all cyber risks there is a tendency that digital assets will be more and more accepted))) 

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On 3/26/2020 at 2:14 PM, Calvinpriva said:

Hi guys,

What is your opinion about this two currencies, there are differences and every coin has its uses but i think there is one which is top than another, so which is it?

For me i say fiat is top of crypto, this is because crypto is not controlled by any leaders, offices or governments but you control it yourself. But fiat is controlled by the governments and banks, so fiat is top of crypto because its very powerful money and its controlled by powerful people. Though crypto is a valued money but its hard for it to become top of fiat.

What do you think about this?

The power of fiat is not because it is controlled by authorities, it is because it is well accepted anywhere in the world and it can be used even without electricity. Any currency which gains popularity, gains power too. It is interesting for you to know that, cryptocurrency is more powerful than some fiat currencies in under-developed countries despite the fact that those currencies are centralized. Most third world countries can't purchase goods from international online shops with their local currencies but they can use bitcoin for the same purpose. So, all fiat currencies are not powerful.

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On 3/26/2020 at 5:44 PM, Calvinpriva said:

What is your opinion about this two currencies, there are differences and every coin has its uses but i think there is one which is top than another, so which is it? 

For me, for now, fiat is in the top of crypto. It's because fiat can be use to everything. I mean everything is that you can use it physically and also many people are using it. Unlike to crypto, you need to transfer it to fiat before you can use it. But there comes a time that it will change and the crypto will be on the top and can be use by different people around the world.

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On 3/26/2020 at 3:14 PM, Calvinpriva said:

Hi guys,

What is your opinion about this two currencies, there are differences and every coin has its uses but i think there is one which is top than another, so which is it? 

 

For me i say fiat is top of crypto, this is because crypto is not controlled by any leaders, offices or governments but you control it yourself. But fiat is controlled by the governments and banks, so fiat is top of crypto because its very powerful money and its controlled by powerful people. Though crypto is a valued money but its hard for it to become top of fiat.

 

What do you think about this?

People are running behind crypto just because of greed but they do not know anything about crypto. Although demand of crypto is rising daily but if we see it could not run the world without having discipline. Because no one would control inflation/ deflation. I think if crypto would be controlled by governments then it would easily replace fiat.

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You can use cryptocurrencies more freely than Fiat and have better characteristics in terms of ease of transactions and speed and low fees in relation to transfer between countries and you can convert them to Fiat through Bitcoin ATM or brokers in your country.

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I truly believe that cryptocurrency will replace fiat in some far future, but for now fiat of course has much more power because everyone rely on it.

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I am completely convinced that cryptocurrencies have their own personality as they are decentralized and therefore will not replace banknotes and as each currency differs in price from the other and large price differences between currencies for example Bitcoin and Ethereum a large price difference between them

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We all know that currently securities are the most popular compared to digital currencies, and that their price does not change as much as cryptocurrencies, but in the future the use of crypto and digital currencies will increase, and governments will reduce the pressure on crypto.

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There is a big difference in terms of the features offered by cryptocurrencies and FIAT currencies, and this is why many resort to using Crypto because it is the best.


THINK POSITIVE

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It is very difficult to compare the cryptocurrencies and paper currencies and prove the best, because the two currencies are very important The paper currency is stable and its price remains constant as it is, unlike cryptocurrencies, where large fluctuations in prices are witnessed, in addition to that the cryptocurrencies are faster than the paper currencies. Also, cryptocurrencies are independent and no one can control them


 

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fiat is very powerful, it's stronger than cryptocurrency. Fiat has been around for a long time and is known and used by everyone, it is under the control of the state and the bank so it is stronger. cryptocurrency is not, it's free to be under control and volatility, so it's far more valuable.

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wrong quote.
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The Fiat currency has been around for a very long time and everyone is used to it. And crypto currency is a new product and it is not worth comparing them. Each of them has its own use and they do not replace each other but successfully complement the financial system.

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I think fiat currency is more valuable to complete crypto currency, because all world use this fiat currency, and its use any where if we buy crypto currency then also we use fiat currency, but crypto currency also strong but its have some limitations and it s good for earning.

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Crypto is very good at earning money, but it is true that Fiat is strong. Fiat crypto is already in the market and is under the control of the government. It is possible to make money from Fiat, such as crypto currency, but here we cannot work as our own. That's why most people value crypto.

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