Topic: 99% of the people still think that fiat money are better than crypto - page 22. (Read 3281 times)
November 12, 2017, 07:00:27 AM
It's predictable at the moment. I think most of these people don't know much about cryptocurrency. This percentage will decrease when more and more people will find out and, most importantly, LEARN about Bitcoin.
November 12, 2017, 07:00:27 AM
Nah I don’t think so. What if someone just rob that guy on the street! He is anonymous but how he will protect himself from that cold night alone street. If you have bitcoin then they are most anonymous thing hidden under the most complex algorithm that you will see currently in the market. Thats real anonymous thing I would say and its better to consider fait as vulnerable thing to carry with you. Now everything here depends on in which way we see the anonymous nature of the bitcoin.
November 12, 2017, 06:08:41 AM
Anyhow fiat is still better known to the society in general and crypto currency is still not really yet recognizable around the world, and there are still many countries that haven't to legalized crypto currency. Only people close to the internet connection can recognize crypto currency and close to crypto currency. And of course there are still many out there the people who are not close to the internet connection, do not know more developments that are on the internet because of the lack of means to get the internet connection. So of course there are still many people who said that fiat is still better than crypto currency to used for everything and more easier to be transacted.
yes the reason why some of people decide that fiat is the best than crypto cuase some of them have no idea about this currency and what are the blessing it gives to us. And also the reason is that some of the people around the internet displayed or show some false information about this currency. So that no one trust bitcoin because of its negative side. 
November 12, 2017, 04:11:06 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?
Its the reality of the world now, because bitcoin is more like a bubble that ready to burst as seen by most economics and it makes a good point of view to most people. Most people dont really want to change too fast and with something they dont really good at and at this point bitcoin prices surged too fast while there are no good reasons other than demand about the annoymous transactions, before we got bitcoins people used to use tulips, stocks and property and all those thing become bubble so i think its reasonable if most people still think fiat money are better than crypto "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?
November 12, 2017, 03:57:23 AM
Anyhow fiat is still better known to the society in general and crypto currency is still not really yet recognizable around the world, and there are still many countries that haven't to legalized crypto currency. Only people close to the internet connection can recognize crypto currency and close to crypto currency. And of course there are still many out there the people who are not close to the internet connection, do not know more developments that are on the internet because of the lack of means to get the internet connection. So of course there are still many people who said that fiat is still better than crypto currency to used for everything and more easier to be transacted.
Yes one of the main problems that can affect crypto and other digital coins and goods is much likely internet connection. Whether you like it or not, when it comes to online internet is really needed, but in the near future when internet becomes accessible to each and everyone around the globe there would be no problem into entering in crypto, but for now most people prefer or thinking that fiat is much better than digital currencies. November 12, 2017, 03:53:59 AM
In terms of availability and ease of use FIAT is always better than BTC. However, the biggest problem with all FIAT currencies is that they do not offer protection against inflation. BTC on the other hand has a default inflation protection built in it as the quantity is fixed to 21 Million and will never go beyond it. This makes BTC the best bet against inflation and it is also better and easy to store BTC than FIAT. So it is really upto which criteria one is using to compare FIAT and bitcoins as both have their own pros and cons.
November 12, 2017, 03:41:27 AM
Anyhow fiat is still better known to the society in general and crypto currency is still not really yet recognizable around the world, and there are still many countries that haven't to legalized crypto currency. Only people close to the internet connection can recognize crypto currency and close to crypto currency. And of course there are still many out there the people who are not close to the internet connection, do not know more developments that are on the internet because of the lack of means to get the internet connection. So of course there are still many people who said that fiat is still better than crypto currency to used for everything and more easier to be transacted.
November 12, 2017, 03:20:29 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?
I suppose the reason why some people think fiat money is better than bitcoin is that, they have no idea about what is bitcoin or its capabilities. They dont want to know it and ignore all the things that you will say to them about bitcoin. Or maybe they have some experiences in bitcoin that make them realize that fiat money is better than bitcoin. "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?
November 12, 2017, 03:20:08 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 is because most of the people are still not aware to what is cryptocurrency or the digital currency. Bitcoin is still not popular in many places in the world. Like in my country, even the bitcoin is now legalize; many people are still don't have idea to what is bitcoin. "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?
November 12, 2017, 03:13:43 AM
More people would probably choose fiat over bitcoin mainly because most of them ar not yet familiar with it. Due to ignorance and having no interest of knowing it they have this closed mindset that btc is a scam and wouldn't want to try it at all. Another thing ad the truth is fiat is very convenient to use and accpeted in all stores while.btc it has very limited use. Not knowing that thru bitcoin they can increase their financial capability and can gain more profit if they consider it as an investment. If those people would only get to know the many beneficial things that btc can do with their lives then that "closed mindset" bout btc would vansih and will turn as a btc users, like most of us here.
November 11, 2017, 08:52:17 AM
The general misconception in the mind of people about Bitcoin is that it is the currency of darkweb or is used in criminal activities. This what government and financial institution in many countries are propagating. Also cryptos are not regulated or controlled by government. Thus, majority of the global population who are into fiat are not able to understand and are not paying heed on this revolutionized form of currency. This will definitely gonna take a time. Cryptos own a better future.
November 11, 2017, 08:32:32 AM
Fiat is better than crypto because you can use it everywhere. But if bitcoin can be use offline too it will better to use than fiat.
November 11, 2017, 08:25:13 AM
I think it is right that fiat money is still better than crypto currencies since it is not yet known and use by all people and not yet accepted by all business establishment unlike fiat money. Though there are advantages in using crypto but there are also disadvantages. But I think it is much better not to compare the fiat and crypto currencies because they are all useful and it’s up to us which are we going to use
Thats right, having both fiat and crypto currencies are playing a big role at this time. Both of them are making our life much better as compared before. Although some of us are not totally in crypto but I know in later part they will go for it. And knowing that crypto will keep doon great and any chances that it will be accepted by most and they probably used it. 
November 11, 2017, 08:14:17 AM
Cryptocurrency is still an emerging currency. It cannot replace any fiat immediate especially fiat has been in use for hundreds of years. You cannot change the custom of people immediately. It is not peculiar that most people will choose fiat over cryptocurrency. But, I think there will be time that bitcoin and other cryptocurrency will take over fiat.
For something like that to be happening is really hard many are hopping that this will be revolution if comes to that. But still many rely on cash, and many are still very much into using paper money. They still are afraid of using crypto in any way, cuz many thing that this is something illegal or many scam or fraud.
Maybe if they see better potential and what cryptos are capable might change there mind but we are still far away from cryptos to change money system globally.
November 10, 2017, 03:18:42 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?
I think when we see the history of fiat and a crypto so I think there is a very big different in them everything need time to make a place in market and I think bitcoin is trying to do so but as far as I know about bitcoin it has already make a place in world and now it’s almost in many countries and people trust on it so I think bitcoin is different than other crypto. "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?
November 10, 2017, 03:17:56 AM
Cryptocurrency is still an emerging currency. It cannot replace any fiat immediate especially fiat has been in use for hundreds of years. You cannot change the custom of people immediately. It is not peculiar that most people will choose fiat over cryptocurrency. But, I think there will be time that bitcoin and other cryptocurrency will take over fiat.
November 10, 2017, 03:08:26 AM
Has the value of that fiat increased much over the last few years? LOL
You're right though cryptos are still a very young technology but eventually they'll definitely gain more and more exposure as the market value increases
You're right though cryptos are still a very young technology but eventually they'll definitely gain more and more exposure as the market value increases
Fiat value isn't increased like cryptocurrencies but they are most safe secure than altcoins in the market. If you look into this news http://www.zerohedge.com/news/2017-11-07/ethereum-slides-after-coding-bug-freezes-wallets-containing-280-million.
That much of money can't be lost in real life if we change settings of hard wallet.
November 10, 2017, 03:07:58 AM
Everybody needs cash thats why we have exchanges. Cash is more usefull for daily purposes but if you are planning to use money globally then crypto is the best option for large amounts.
So for daily usage cash is better.
So for daily usage cash is better.
November 10, 2017, 03:05:51 AM
Of course many will agree that fiat is better than bitcoin because it has no limitations and legally accepted, you don't have to worry also that it may fluctuates in value and may suddenly goes down, these are some issues of bitcoin that if ever will be resolve can surely help bitcoin to become legal and accepted world wide but seeing how people use bitcoin in doing illegal stuff I don't think bitcoin can stay for a long period of time.
November 10, 2017, 02:49:50 AM
Everyone who has a bunch of bitcoins also use fiat money. but not everyone has a bunch of fiat money use bitcoin too. Why fiat money better because its quantity all over the country and globally been used since a long time ago. There's a lot that crypto have to do. CMIIW 
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