Crypto VS Fiat ?

in #crypto7 years ago

When weighting up whether someone new to Crytpo Should Invest

For the Crypto space to grow we need people to invest in it this is the only way and people need to know why should they

They need to Know the Positive Vs The Negative

Positive Crypto

Crytpo Limited Supply of specific Coins that can not be have more that are created

Can not be faked

Easy transfer worldwide in seconds and some coin cheap

Increasing gaining lot of purchasing power everyday against Fiat

No one can act like bank and control your money or allow you to spend it

Decentralised

Negative

Not Limited supply of Crypto Coins Endless new Coins put on the market

Fees on some transfers have become very expensive

With New money comes Bad People to The Space Like Bit Connect given Crypto a bad name

Not very easy to spend at the minute or transfer back to fiat

Fiat

Easy to spend anywhere

Legal Money for countries

I cant think of any more haha

Negatives

Unlimited Supply

Easy To Fake

Can be control by Banks And third Party prevent to spending it block your card

Banks have a role in it

Loses value over time

Expensive to send internationally big fees

Government Control

So far Crypto for me more positive than negative and i think wins every time

If any one else has another comment

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Crypto forever!

But mostly government are not allowing this currency