Post
Topic
Board Bitcoin Discussion
Re: Why is crypto is better then fiat?
by
bearexin
on 28/05/2020, 08:54:50 UTC
Fiat is manipulated by governments/banks to control & have power.  Whales heavily manipulate crypto. By switching to crypto, isn't it just handing the control & power from governments/banks to a small group of wealthy whales?
The thing with some people is that they are fond of comparing everything they lay their eyes on. I don’t really have that time, whether it’s cryptocurrency or fiat, I make use of any one I want to make use of and I don’t see any problem in it. I don’t see anyone of them as being better than the other, but I do know that they both has ways that they are better than the other.

Cryptocurrency is good, because it’s kind of anonymous and allows us the freedom and access to a lot of things we wouldn’t get while making use of the fiat. In very near future, we can expect at least 40% of world population might be using cryptocurrencies because we are already seeing lots of people started making use of online payments in their mobile phones.