<<  >> (p.2)
    Author Topic: Why crypto (bitcoin) is better than traditional money?  (Read 1477 times)
    Fundamentals Of
    Sr. Member
    ****
    Offline Offline

    Activity: 2464
    Merit: 367



    View Profile
    May 15, 2021, 04:10:10 AM
     #21

    Bitcoin or cryptocurrency is not better than money because it is money itself. You probably mean Bitcoin is a better money. In such a comparison, it is better than fiat. But that is only limited to certain aspects. Bitcoin, for example, cannot be oversupplied to the people so much so that it would become of less value. On the other hand, fiat is also better than Bitcoin in certain areas. For example, spending a couple of dollars on a burger is instant and does not have to be online, requires a soft wallet, a phone, etc.

    Both have so much value in their own respect. One is not going to totally replace the other. Rather, one is to reinforce the other where it is weak. So there will probably be more of a coexistence rather than replacement.
Page 1
Viewing Page: 2