Greetings All
I am being asked, these very wonderful questions thrown to us stated below;
PHYSICAL MONEY OR CRYPTOCURRENCY
Ever since cryptocurrency became a thing and got the attention of the world, many governments have been against it while others embraced it. What about you as a person? Do you prefer the digital form of money? Or you would rather use physical? Give reasons as well, we would love to know.
I will gladly say I did prefer, to say I will go for the physical cash, yes! But in the long run, I will gladly say Yes to both options.
Receiving Physical cash is very well important as well as earning in cryptocurrency. In the subsequent paragraphs below I will be talking about both the Physical cash/Fiat money and the Cryptocurrency in different subheadings.
PHYSICAL CAHS/FIAT MONEY
Coming to look at it from a point of view of the country I am from, physical cash, for now, is very much the other of the day. Yes, many earn through cryptocurrency but it is still on a very low note where you will not want to be sported by Government officials for there have been controversies about legalizing crypto or not.
Also, I will say that the end product of all cryptocurrencies transactions is physical money. All trading done through cryptocurrencies and profits made are therefore gotten in as physical cash or fiat money.
I will say, the reward I get from this wonderful crypto blockchain, is I convert the HBD into HIVE make the withdrawal and in turn use a crypto wallet sell to get the physical cash I must say both the cryptocurrency and the physical cash/fiat currency comes in handy there both work side by side each other, for the other to exist, there have to be an existing relationship between them for operations to go smoothly.
I will very much say that Physical cash in these scenarios is of greater importance as do cryptocurrencies.
CYRPTOCURRENCY
I will say cryptocurrency is very much a digital asset which is built to work and serve as a medium of exchange through a system. It is a form of tradeable digital asset or form of money which is simply built on blockchain technology and can be accessed by users who are connected to the internet. A more relatable example of this is the Popular Bitcoin.
I will say, a cryptocurrency is simply an advanced form of physical money that is very much accessible by users who are connected to the internet. With cryptocurrency, millions of persons all over the world are given equal opportunities to operate and access it with the right information given.
Cryptocurrency provides no limitations for its users, no matter how far a user wishes to explore you are very much free, and there are no restrictions to what a person can get.
Literally, I very much appreciate cryptocurrency for the majority of the physical cash gotten by me is simply through cryptocurrency. With cryptocurrency, coins owned are pretty much under your control and are only accessible by yourself. With the advancement in recent times, transactions with cryptocurrency are very much faster and hence more reliable, even more, safe for transactions that a user wishes to be unknown to others.
With the very much all the advantageous aspects of cryptocurrency, there are still very much cons which are associated with it. An individual has to be very much careful when transactions are being carried out with very much care to avoid a mistake along the line. When transactions are being carried out, once it is done there is no room for a refund.
There are disadvantages associated with cryptocurrency, it still very much has lots of opportunities around it. I will say this is really a serious debate to go by for both the Physical cash and cryptocurrencies are hence of great value and importance.
Thanks for reading dear friends
Best Regards from @gi-de-on