Topic: 99% of the people still think that fiat money are better than crypto - page 11. (Read 3282 times)
February 23, 2018, 10:22:23 PM
Fiats are the solid base on which we can trust blindly but cryptoz are virtual codings no one can trace its trail. How could it be famous?
February 21, 2018, 02:46:34 PM
Currency fiat is now more useful in everyday life. The possibility of paying cryptocurrencies is still very little. In addition, it is difficult to change the habits of people who use fiat all their lives. It takes time.
February 21, 2018, 02:36:25 PM
We are used to fiat ando fiat has been around for quite some time now so this is no way the general public will not like it more than the cryptocurrencies that is just about 9 years old. What people did not understand is the convenience that cryptocurrencies come to create and peer to peer transactions make things easier for all of us.
I think bitcoin is far better than any of the monetary systems we have ever have and I think we should all support it.
I think bitcoin is far better than any of the monetary systems we have ever have and I think we should all support it.
February 21, 2018, 02:21:08 PM
People has different perspectives and we should accept it. It is no longer surprising to know that there are people who thinks that fiat is better than crypto given that it is legal to most of the countries and also, it has a way more stagnant market price so using it will not be as risky as in crypto that is volatile.
February 21, 2018, 01:26:49 PM
in fact it is, that Fiat is better than bitcoin, that would buy bread, bitcoin still have to be changed to Fiat
February 21, 2018, 12:36:48 PM
Don't exaggerate the 99% of people are thinking that fiat is better than crypto. Try to do research to make your topic reliable. Some newbies in this forum will think crypto is not a big thing yet in the market so there will be a possibility that they will end their crypto journey because of your shitty topic. Both have their own pros and cons but don't be bias please.
February 21, 2018, 10:41:36 AM
I was talking with a friend of mine about cryptocurrencies and he said:
"Cryptocurrencies are anonymous?Nothing on the internet is anonymous.Having a bunch of dollars or euro in the pocket is the most anonymous way to store money.
"
Damn,now i think that he is right and fiat money are still way more convenient ,despite all the inflation,banks monopoly and control.From my personal experiense 99% of the people refuse to believe in bitcoin and refuse to adopt it in their daily life.Any opinions?
man cryptocurrency especially bitcoin is actually not designed for a Anonymous, is designed for transparency. You can track your really first transaction and even now. If you really wanted a cryptocurrency for an Anonymous things. Then XMR,DASH,XVG,ONION are created for "Cryptocurrencies are anonymous?Nothing on the internet is anonymous.Having a bunch of dollars or euro in the pocket is the most anonymous way to store money.
"Damn,now i think that he is right and fiat money are still way more convenient ,despite all the inflation,banks monopoly and control.From my personal experiense 99% of the people refuse to believe in bitcoin and refuse to adopt it in their daily life.Any opinions?
February 21, 2018, 10:37:56 AM
Most people just have no choice. Fiat money has been around for a very long time and the entire financial system is based on them. Cryptocurrencies are young and are only gaining markets and the community is small compared to fiat users.
February 21, 2018, 09:39:50 AM
This is natural because a small number of people engaged in coins. To ensure that people have become more trusted coins they should know what it is and how it works. We're accustomed to paper money when the coins would be widely disseminated and accepted by many shops it will be very good.
February 21, 2018, 08:41:08 AM
Well we can't force you to like bitcoin or any other crypto currency, If you dont want to use it then we can't help that. Bitcoin is just an alternative way to pay transactions faster and secured or if you want to freely use your money without anyone controlling it or tracking it. Even if you dont use digital currency right now im sure in the future you will when it becomes legalized and accepted as payment globally.
Still, we are in a world where in cryptocurrency is not yet fully welcome all over the world especially Central banks that they know the price of cryptocurrencies can be manipulated by big whales, but still due to the stability of bitcoin a lot of people are getting interested in it due to the fact that one day it could be a million dollar worth.I somewhat disagree with what you mentioned about Bitcoin being stable. There are going to be many future events that will make Bitcoin more unstable than it already is.
February 20, 2018, 10:19:46 AM
Those 99percent you are talking about is a too much high percentage of the population.
Those percent who thinks FIat is better than CRYPTO is those people who don't really have knowledge with crypto and not into the internet.
FIAT is better thanCRYPTO because FIAT can be pay to anyone and anywhere.
Those percent who thinks FIat is better than CRYPTO is those people who don't really have knowledge with crypto and not into the internet.
FIAT is better thanCRYPTO because FIAT can be pay to anyone and anywhere.
February 20, 2018, 10:15:18 AM
I was talking with a friend of mine about cryptocurrencies and he said:
"Cryptocurrencies are anonymous?Nothing on the internet is anonymous.Having a bunch of dollars or euro in the pocket is the most anonymous way to store money."
Damn,now i think that he is right and fiat money are still way more convenient ,despite all the inflation,banks monopoly and control.From my personal experiense 99% of the people refuse to believe in bitcoin and refuse to adopt it in their daily life.Any opinions?
The main reason why most of the people in our society are prefer to use fiat money is because their knowledge about digital money or the cryptocurrency is not enough. They are not aware to what bitcoin can do and also the purpose of the bitcoin in our society. "Cryptocurrencies are anonymous?Nothing on the internet is anonymous.Having a bunch of dollars or euro in the pocket is the most anonymous way to store money.
"Damn,now i think that he is right and fiat money are still way more convenient ,despite all the inflation,banks monopoly and control.From my personal experiense 99% of the people refuse to believe in bitcoin and refuse to adopt it in their daily life.Any opinions?
February 20, 2018, 10:04:34 AM
I was talking with a friend of mine about cryptocurrencies and he said:
"Cryptocurrencies are anonymous?Nothing on the internet is anonymous.Having a bunch of dollars or euro in the pocket is the most anonymous way to store money."
Damn,now i think that he is right and fiat money are still way more convenient ,despite all the inflation,banks monopoly and control.From my personal experiense 99% of the people refuse to believe in bitcoin and refuse to adopt it in their daily life.Any opinions?
"Cryptocurrencies are anonymous?Nothing on the internet is anonymous.Having a bunch of dollars or euro in the pocket is the most anonymous way to store money.
"Damn,now i think that he is right and fiat money are still way more convenient ,despite all the inflation,banks monopoly and control.From my personal experiense 99% of the people refuse to believe in bitcoin and refuse to adopt it in their daily life.Any opinions?
Crypto currency is much more convenient than paper money, but it is much easier to track transactions via the Internet than the movement of paper money.
February 17, 2018, 08:16:09 AM
Educating cryptocurrency to younger generation will give them vast ideas about the difference between cryptocurrency and fiat currency. 99% of the people think that paper money is better than crypto as of now. But if you are highly educated about crypto's then we able to identify which is better, example for an instance, crypto defeats security measures against fiat currency. Central banks are fighting for money fraud because anybody can produce money but bitcoin is much highly secured because of its security features which is highly encrypted. Crypto currency is much advanced than fiat just like withdrawing a million worth of money from your account, surely you will undergo a sort of interrogations from bank personnel which entangles you to spend more time to transact. Unlike bitcoins, you can transfer your money in an instant.
February 17, 2018, 08:00:24 AM
I was talking with a friend of mine about cryptocurrencies and he said:
"Cryptocurrencies are anonymous?Nothing on the internet is anonymous.Having a bunch of dollars or euro in the pocket is the most anonymous way to store money."
Damn,now i think that he is right and fiat money are still way more convenient ,despite all the inflation,banks monopoly and control.From my personal experiense 99% of the people refuse to believe in bitcoin and refuse to adopt it in their daily life.Any opinions?
"Cryptocurrencies are anonymous?Nothing on the internet is anonymous.Having a bunch of dollars or euro in the pocket is the most anonymous way to store money.
"Damn,now i think that he is right and fiat money are still way more convenient ,despite all the inflation,banks monopoly and control.From my personal experiense 99% of the people refuse to believe in bitcoin and refuse to adopt it in their daily life.Any opinions?
I guess that's because they do not know about bitcoin, so they think negatively. But if they already know that bitcoin is profitable, they will start believing and investing their money in bitcoin.
February 17, 2018, 07:53:53 AM
Evryone has their own perception about a certain thing. Probably they are saying that fiat is better than crypto because it is less risky because cryptos are more likely to be volatile even if it is way more profitable. Also, Bitcoin is decentralized and is not legal to most of the countries unlike fiat. Maybe they don't know that much about crypto to conclude as such.
February 17, 2018, 04:42:35 AM
I was talking with a friend of mine about cryptocurrencies and he said:
"Cryptocurrencies are anonymous?Nothing on the internet is anonymous.Having a bunch of dollars or euro in the pocket is the most anonymous way to store money."
Damn,now i think that he is right and fiat money are still way more convenient ,despite all the inflation,banks monopoly and control.From my personal experiense 99% of the people refuse to believe in bitcoin and refuse to adopt it in their daily life.Any opinions?
It’s true that cryptocurrencies have come a long way since they had started and in this process they all have gained a huge amount of popularity among people and has resulted in increasing users through out the world. But still I do believe that fiat currency is better than the cryptocurrencies because firstly, fiat currency are way more popular than the cryptocurrencies. Then fiat currency are all regulated and are stable whereas cryptocurrencies are not regulated and are not stable. "Cryptocurrencies are anonymous?Nothing on the internet is anonymous.Having a bunch of dollars or euro in the pocket is the most anonymous way to store money.
"Damn,now i think that he is right and fiat money are still way more convenient ,despite all the inflation,banks monopoly and control.From my personal experiense 99% of the people refuse to believe in bitcoin and refuse to adopt it in their daily life.Any opinions?
February 17, 2018, 04:32:35 AM
We have our a freedom to choose between fiat and crypto. In your title you said that 99% of the people think that fiat are better than crypto. For me, I agree with this although I like crypto too. Crypto is not being used in most of the countries at this moment and what are they using as a way of payment? Fiat money. Fiat money is more reliable in terms of payment compare to crypto and one more, they trusted fiat way more than crypto because fiat has been existed many many years ago unlike crypto that is only 9 years.
February 17, 2018, 04:28:30 AM
I think it is the high volatility that stops people to use more crypto currencies for payments.
And I must admit it is hard to explain to somebody why he should pay twice as much currency in crypto form today then he had to pay two months ago.
The explanation becomes even harder when the fiat price in that time did not change at all.
Even if it was the other way round and you only have to pay half as much today as you had to pay two months ago, people will find it difficult to understand.
In that case they will wonder why to buy at all, because in another two months the price will be even lower in crypto form.
And I must admit it is hard to explain to somebody why he should pay twice as much currency in crypto form today then he had to pay two months ago.
The explanation becomes even harder when the fiat price in that time did not change at all.
Even if it was the other way round and you only have to pay half as much today as you had to pay two months ago, people will find it difficult to understand.
In that case they will wonder why to buy at all, because in another two months the price will be even lower in crypto form.
February 17, 2018, 04:19:47 AM
For now maybe that opinion is true, most people still consider fiat currency more valuable and easy to use for daily transactions, people still feel comfortable holding fiat currency compared to cryptocurrency.
Bitcoin and cryptocurrency are increasingly popular today, many people have invested and used it, but people still use fiat currency in their daily lives.
Perhaps someday when all state governments in the world have legalized the use of cryptocurrency, made standard regulation about cryptocurrency, and all transactions can be done with cryptocurrency, people would be comfortable and feel safe to use cryptocurrency in all daily transactions.
All these things still need more time and development in the future.
Bitcoin and cryptocurrency are increasingly popular today, many people have invested and used it, but people still use fiat currency in their daily lives.
Perhaps someday when all state governments in the world have legalized the use of cryptocurrency, made standard regulation about cryptocurrency, and all transactions can be done with cryptocurrency, people would be comfortable and feel safe to use cryptocurrency in all daily transactions.
All these things still need more time and development in the future.
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