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.
The way I see it: Crypto is good now to make some quick cash.
Fiat will stay king, at least for a while.
Agree. However, I think it is hard to make quick cash with the cryptocurrency during this time. Many opportunities already occurred in the past and it might take a long time for the cryptocurrency to create a new chance for us to make quick cash.
Fiat, on the other hand, still provides us many useful utilities and as you can see, the world is running with a huge money system which is centralized by banks and governments. And they do know how to maintain things around us and keep the money sliding from this place to another place. I believe that it will take more than a century for bitcoin and other cryptocurrencies to run the world by themselves