Post
Topic
Board Economics
Re: If you can get paid through cryptocurrency, do you still choose fiat currency?
by
ifarted
on 06/10/2021, 14:43:30 UTC
Quote
   
If you can get paid through cryptocurrency, do you still choose fiat currency?
If i were getting paid through cryptocurrency i would probably convert it into fiat because fiat money is needed in our daily lives. Especially to the poors.

We can use it to pay for the bills, electric, water, food supplies and other needs. Unlike crypto not all stores accepts cryptocurrency. We can also save some money in case of emergency. Some hospitals accepts bitcoin for the payments but then again not all hospitals. It could be a little complicated. So that is why fiat currency gives more importance than cryptocurrency.