Post
Topic
Board Economics
Re: Fiat Vs Cryptocurrency, which would you choose?
by
Visbay
on 18/12/2019, 17:14:53 UTC
I really like crypto, but at this point is someone where to give me a million dollars, it would just be more convenient to get cash.

We're still in the early stages.
Why is cash more convenient? I think if you get $ 1 million from someone, you need to explain the money to the bank and state in your country. A lot of trouble comes after that and you need to pay taxes on that money. But if you get $ 1 million in BTC, no one will investigate you and you won't have any trouble
Yes both of them are good and both have different abilities to give us all the needs of life. We can use crypto to buy things online as it saves our time and gives us reliable shopping opportunities but with fiat, we can buy things by hand, as our life is so busy so we should use the only crypto to have needs for daily life even without disturbing our job.