Post
Topic
Board Economics
Re: Are cryptocurrencies better than regular currency
by
nidacoinlove
on 11/09/2017, 16:55:51 UTC
Cryptocurrencies of money superior to anything consistent cash Cryptocurrencies have a bigger number of preferences than fiat. The main favorable position of normal money is that reasonable worth is more steady than the estimation of Cryptocurrencies. Yet, the rate of Cryptocurrencies expansion as far as its incentive now and again is way higher it's an advantage
well I think there are pros and cons of both fiat and cryptocurrency. Cryptocurrency is more convenient for the transfer of huge amounts while fiat is more convenient in order to on the spot payment for less valued items. In short we can say that cash or fiat is better for the petty expenses to pay and cryptocurrency to be paid for higher bills because on fiat you don't have to pay extra transaction fee while in case of cryptocurrency we are bound to pay the fee before a transaction occurs.