Quote from: wuvdoll on August 25, 2016, 11:11:22 AM

Quote from: Oralmat on August 22, 2016, 12:12:29 PM

Quote from: DOGE12321 on August 01, 2016, 07:24:49 AM

I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?

Actually both are versus with each other, i mean both are valuable in their own place. Now it is a time of computer and laptop so mostly people refer to use online investment and trading. So those kind of people are prefer to bitcoins. But it doesn't mean that we ignore the fiat currency. Fiat currency is a part of our life and we use it anywhere without any problem and many people want to do business with fiat currency even they have no interest in Bitcoins and other crypto currencies.

You are absolutely right, both fiat and crypto coins have their own advantages in their own world. We can not live without fiat money as we use it everyday and everywhere to keep us alive and it has become a major and important part of our life.

However, cryptocurrencies have a lot of uses and the potential of these kind of money is pretty high so it has become more and more popular and to some people, its their main income.

I read stories about that too here in this forum. Making a living with crypto currencies. I dont know much how they do that but I think it is with trading and some with mining. I saw a picture of a guy with all his mining equipment and I think it is way too expensive. So in mining, it takes a lot of capital before getting all that back and future profits. I would rather stick with trading. Grin