Post
Topic
Board Bitcoin Discussion
Re: Cryptocurrency vs. Fiat currency.
by
Eugenar
on 02/03/2020, 23:54:19 UTC
Fiat for daily use.

While bitcoin or cryptocurrency for investment.

It's the embraced use of cryptocurrency today but we have to spend it in the most possible way to enjoy it. I have used it to shop for many times but our society is not yet ready to go all-in with crypto.

I am sure in the future there will be many stores that provide payment via crypto so that it will be easier for us to shop there.
Indeed, Fiat is used for a day in my area to do important things because if it is with crypto money, some people will not know it so the application is still not done.
Cryptocurrency is used by many people today for long-term investments and also trading in the short term on the stock exchange to reap huge profits.
I am still hoping that way mate. It will be an easy transaction if our country will provide separate transactions in every store. What I mean is there are still some transactions through the use of fiat. There is also transaction through the use of cryptocurrency, both currency in a single store, because even we all want cryptocurrency to have in store, it cannot still replace the fiat currency because not all people have it, not all people known by cryptocurrency especially those late boomers. The thing is we can have our cryptocurrency in our land, but it cannot replace the fiat currency because the government won't let it happen, and there will be a big adjustment if this thing will happen.