Post
Topic
Board Economics
Re: Fiat Vs Cryptocurrency, which would you choose?
by
GDragon
on 05/06/2020, 08:48:03 UTC
I have recently been quite curious about the many debates about which currency is better.
  Many people say that they will choose Crypto because it is convenient and creates a common currency, bringing equality to all countries.
And some people choose Fiat money because they've been used to using it for decades and now they have credit cards and wallet payment apps online, so why do you need crypto?
Which side do you think is right? I want to hear from you sincerely.

Even though we believe bitcoin is kind of a digital revolution, we still need fiat currency, it is still the most reliable and efficient to use when we are buying something online. I still see btc as an investment as of now. I never heard about btc from my government so its still surprising when a shop or a local store accepts btc payment. Most of the people are not even aware about it, if they heard it before, they see it as a scam or just a currency used in illegal things. It will be a long way for crypto. If we will choose when it comes to efficient currency, fiat is still the best choice.