99% of the people still think that fiat money are better than crypto - page 2.

Fappanu

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Quote from: davis196 on November 09, 2017, 08:36:26 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. Grin

"
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?

Yes I believe in it. Since everyone does not really accept that bitcoins the crypto currency is available for dealing with transactions. The fiat moneys are even more important. But if the traders have started to accept it and I'm sure that people will acceft it as well.

Bella Thorne

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Quote from: ?? on ??

People chose to work hard to earn fiat rather than surfing the internet and learn everything about crypto. If that is their choice then let's just respect them, it's them who handles it after all. They chose to have fiat because they don't have enough idea and knowledge about crypto.

Well i think there are still many people that are thinking that fiat money is better than crypto because until now cryptocurrency is not known all over the world, but i am sure that after 30 years, almost all people in this world will now choose crypto over than fiat.

spongegar

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It's true that fiat money is actually convinient than crypto currency. Considering that if i need it now to buy something incidental then i could get it right away. Besides, fiat money is actually widely accepted and in fact accepted in all countries. But then again, few people know of Bitcoin, and the fee the knew them are sceptic about it. Right now with the age of scams, hacks and lies would you blame them if they stay in true and tested fiat money?

GamingBro

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Fiat money easy to use and that's why people think this way. Cryptocurrencies have many useful benefits but you just can't use them like fiat and people using it like an asset.

plescruslo

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Quote from: EnricoGomez on April 23, 2018, 12:49:20 AM

A huge percentage of the people that think fiat is better than cryptocurrencies do not truly know about the potential of it.
Though they do have a point, fiat have come a longer way - it is strengthened by time and support of government.

The main thing is that many people still are unaware of bitcoin and they don’t know the benefits of bitcoin that’s why they don’t believe in it. But I am sure with the passage of time gradually all the people will enter in to the world of bitcoin because the future is that of cryptocurrency and bitcoin is on the top of all of that. We are waiting for that time.

btrice7

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in my opinion, there is no doubt that crypto-currencies are the future, but one can not refuse this momet from the fiat of money. Because at the moment, very few people are ready to recognize crypto-currencies as a means of payment.

squog

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ANONYMOUS MOBILE PAYMENTS

Well, as it is I can't pay for alot of stuff with bitcoin. You could do s little shopping, groceries and some frivolous spending. But then again i have to buy different kinds of coins and not necessarily a unified one. I don't blame your friend for being doubtful about bitcoin. It took s long time before i actually got into it. But then again, i myself only use it for straight up money and diverse porfolio much like stocks. Maybe if you show your success story for you friend maybe they'll believe it

g-unit

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Quote from: davis196 on November 09, 2017, 08:36:26 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. Grin

"
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?

People need some time to get used to cryptocurrencies. Many of them just still don't understand functions and possibilities of crypto. Governments have to legitimize cryptocurrencies and accept them as payment instrument. After that people will believe in bitcoin and adopt it in their daily life.

cemburu

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It's a bit difficult to give others an understanding of Bitcoin in a layman's way, one would think that Crypto is not good to use.
If people who do not believe in Bitcoin feel the benefits, benefits, and convenience then it could be that person directly make an investment in Bitcoin.
Those who think Bitcoin is bad just do not know Bitcoin anymore.

newcollegestar

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Quote from: tylerderden on April 23, 2018, 02:31:12 AM

Quote from: davis196 on November 09, 2017, 08:36:26 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. Grin

"
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 bitcoin has gained a lot of popularity among the people all over the world and because of which its users have also increased a lot. But still I don’t think that bitcoin is better than Fiat currency. This is because firstly, Fiat currency is way more popular than crypto currency. Fiat currency has many more Users than crypto currency who only use Fiat currency. Fiat currency is trusted by most of the people where as crypto currency is not trusted by most of the people.

No doubt that fiat currency is still believed by the people because it is backed by the governments, while cryptocurrency is decentralized and the governments has nothing to do with it. Crypto depends on internet and your friend is right about it. It will take long time for the ordinary people to become part of crypto world because it is hard for them to believe a digital currency.

PRC_May

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we need to start awareness campaigns from the elementary level only so that the seed of btc faith reaps within heart core

Ekimzjames20

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Quote from: Ushono on April 24, 2018, 07:19:38 AM

Bitcoin is like stocks on the stock exchange. You can buy them, you can sell them. Do not take it as a payment instrument.

I think your friends is right because fiat money you can spend or buy everywhere.Crypto money is wait comfirmation to transact the payment system.

Ushono

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Bitcoin is like stocks on the stock exchange. You can buy them, you can sell them. Do not take it as a payment instrument.

BigDig

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All new technologies at the time of their appearance aroused fear of people. So it was with cell phones, cars and printing machines. Crypto causes the most fears due to the fact that it affects the fundamental foundations of society, monetary exchange between people and the core of the banking system. I think that over time the situation will change for the better and people will begin to learn more about the possibilities of crypto.

Jlimao28

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Fiat currency already stabilize its price and usage. Using fiat currency becomes our habit eventhough there is a new existing currency that is fast, easy and worldwidely accepted. Just imagine, over centuries ago, the people already used fiat as a medium of exchange and digital currency was just established less than a decade only. It means that whatever cryptocurrency has, we are always want to use fiat because it was seen by our naked eyes.

stellgod

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Quote from: Al Amin on April 21, 2018, 10:02:49 AM

I also think that way, that paper money is better than crypto. The reason is because my country does not accept payment using crypto. So paper money looks better than crypto.

Honestly, I am not even sure abbot the percentage. Those people who are investing in crypto currencies consider them worthy of being trusted and money. If they had supported fiat then it is not possible for them to buy these coins. Then there are those people who don’t understand technology but I think that kind has still not discovered anything about digital market.

doraegun

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[quote authorized to=davis196 link=topic=2379031.msg24289913#msg24289913 date=1510230986]
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. Grin

"
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?
[/quote]

Well, every person have their own decision in life what they want to do, that's the only thing that people can't monopoly to each one of us because of dignity. Many people admited that it's hard to find something very significant issue for bitcoin trusted but in other side people know that bitcoin since it was start is nothing could be done except help and only given a good service for or us to be a convenient way for doing something.

zanezane

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★Bitvest.io★ Play Plinko or Invest!

Quote from: Jake Virus on April 23, 2018, 06:33:01 PM

Quote from: CaptainKid on April 10, 2018, 02:16:51 PM

At the moment, it's really impossible to do without fiat money, as not everywhere crypto currency is accepted as a means of payment, but in the near future, I think the situation will change and the world will see all the usefulness and ease of use of crypto currency.

Well there is no doubt that fiat money is more better than cryptocurrency right now, because until now cryptocurrency is not known all over the world, but i am sure that in the future, cryptocurrency can able to replace the fiat money, maybe it will take for more than 30years.

I agree with you, yeah somehow we hate fiat because of what we see how fiat deflates overtime and make it worthless anytime and we can see crypto currency will be the answer to this. Yet we can't take the fact that fiat will still need by many people and it's hard for them to accept new technology that easily so why don't we not choose over fiat and cryptos and just use those two for our everyday lives amd that will be better, I think.

hispout

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Quote from: Flor1982 on April 21, 2018, 06:50:53 AM

Quote from: davis196 on November 09, 2017, 08:36:26 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. Grin

"
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?

Count me in as part of those 99% because I strongly believed also that fiat currency is better than Crypto currencies specially Bitcoin currency in talking of spending. This is due to fiat currency is the most conveniently way to use for our everyday spending unlike Bitcoin in which we need the power on internet in every transaction and also we need to wait blockchain confirmation before the successful spending. This is very far away much inconvenient than fiat paper users in which even children can use the paper money instantly.

At this very moment, this thing is very much right that 99% of the population living in this world does not like this crypto currency and the reason behind it is very much obvious. Those 99% of the people living in this world are still unaware of the crypto currencies and that they don’t know anything about any of the crypto currency. The moment they will get to know about it, their opinion will be changed.

virasisog

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Quote from: Jake Virus on April 23, 2018, 06:33:01 PM

Quote from: CaptainKid on April 10, 2018, 02:16:51 PM

At the moment, it's really impossible to do without fiat money, as not everywhere crypto currency is accepted as a means of payment, but in the near future, I think the situation will change and the world will see all the usefulness and ease of use of crypto currency.

Well there is no doubt that fiat money is more better than cryptocurrency right now, because until now cryptocurrency is not known all over the world, but i am sure that in the future, cryptocurrency can able to replace the fiat money, maybe it will take for more than 30years.

I think that 30years is too long, to admit tgat how fast technology is changing everything and possibilities that in the next 5-7 years these Ico's that has a unique AI products is already set up to change our ways of using some materials. in 2030 a big changes in ecosystem, economic growth and so many more.

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