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.
Crypto is here to stay forever and if you won't invest into it then you will always be one of those who thinks now that they should have invested back in 2015 when price per bitcoin was around $150 to $300. Now America is under a civil war and China is also facing big trouble due to the blunder that they did in case of announcing Corona outbreak very late. So economies around the world are facing a downfall and people taking out their money from the banks, so where do you think the value of currencies go, obviously it will go down, and this is the right time to realize that holding majority of your funds in fiat isn't a good choice.