The Debate (no 10); why cryptocurrencies is better than fiat currencies

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Greetings ladies and gentlemen, it's my pleasure to be here. Am here for the purpose of taking part of the ongoing debate between cryptocurrency and fiat currency. I won't forget to appreciate the work of our beloved community moderator @sahmie for creating this privileged for each and everyone of us to take part, I said thank you.💕

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Cryptocurrency has enough utilities that can never be compared to fiat currency. First of all, you can interact with cryptocurrency transaction without the need of going to financial bank for the purpose of performing transaction. Sometime you might has problem in fiat currency transaction, such as delay inflow, or error transaction that needs to be contact customer service directly to solve this issue.

Meanwhile in cryptocurrency transaction, users only need to learn and understand how to use it for transaction and make sure they enter correct address before accepting transaction.

Cryptocurrency can perform instant transfer to anybody across the globe within the counting of a seconds. This really help a lot of people to run their business easily.

Cryptocurrency use decentralized wallet which enable only users to have access to their asset. This wallet can never be access by any individuals.

Fiat currencies can be use to purchase anything in the real world 🌍 but it can only accepted by the given country, for example. You can't use Canadian CD to purchase anything in Nigeria, you will need to exchange it to Nigerian naira. Meanwhile, a cryptocurrency can transfer to you and be converted to your local currency within a minute.

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Fiat USD can mixup with counterfeits but USDT can never mixup with counterfeits. This is because cryptocurrency is running digitally and the transactions is recorded on a cryptography.

Cryptocurrency has the potential area of bringing more people together for a business no matter where you come from.

There's more profits on cryptocurrency staking and investment than fiat currency. Cryptocurrency can provide you an accurate receipt without the need of going to financial bank or contact customer service.

Cryptocurrency has no customer service, every data processing is autonomous and it's accurate.

The only thing is, if you keep your money on USDT it can sometimes depreciate in value base on the ratio of your fiat currency exchange to USD.

Conclusion

Cryptocurrency is far better than fiat currency by all means, without facing any problem of stressing yourself going to financial bank for an error or service, all transaction proceed automatically on a blockchain.

I'll like invite @jbeecom @bossj23 @mesola to join me with this debate so that I can also check on their opinion concerning this.