Post
Topic
Board Bitcoin Discussion
Re: Why crypto (bitcoin) is better than traditional money?
by
Viscore
on 24/07/2021, 22:19:57 UTC
~snip~
people would really be focusing on this one.

Things on why crypto best.
1.  Decentralize
2. Irreversible transactions
3. Profit opportunity
^ Plus, as a payment method.
All you have mentioned above was right, these are the best advantage of crypto that could be consider better than fiat.
All could be smooth and fast trasaction across borders and easy to use wherever you are, you also have a free to control your fund, not at least you are already a billionaire. Traditional money is not traceable once a holder wanted to have a transaction. Nevertheless, both these two currency can not be compared.
If we can have both bitcoin and fiat for payment, then bitcoin has definitely achieved its goal. But i believe that both of them should never be compared because they both work on their uses and purposes.

Ho wever, bitcoin may have an advantage because it can also be used as an asset or investment but with fiat, it only serves as a payment purposes. But bitcoin does not aim to overtake fiat as they exist both as a mode of payment.