Topic: 99% of the people still think that fiat money are better than crypto - page 24. (Read 3282 times)
November 09, 2017, 05:20:27 PM
There is no comparison. The only real money are token money which are basically shares of a real asset , cryptos like Bitcoin are Proof of Waste coins and actually do nothing, on the other hand ethereum like platforms are very important and have real value because do a service to the people.
November 09, 2017, 05:05:25 PM
As of today majority of people will really insist having fiat is better then bitcoin it is because the acceptability of bitcoin in most cases are not yet established there lot's of limitations so far when using it but when the day comes that bitcoim will be accepted and adopted in more countries then people will come to realize that this is really a good thing and having it will benefit a lot unlike fiat in your wallet.
November 09, 2017, 04:39:46 PM
99% of the people you are talking about do not dig deeper into the internet. They are clueless about what the internet can provide for them. I do not blame them to be honest. But anyways, they are free to believe in whatever they want. Their life, their choice.
In my opinion, I prefer dealing with crypto-currency for it is known to have many advantages unlike the regulated fiat money. I hope you get my point.
In my opinion, I prefer dealing with crypto-currency for it is known to have many advantages unlike the regulated fiat money. I hope you get my point.
I also like to use crypto currency. But in order to survive, I must use Fiat. That's why I also think that Fiat is a great way to pay
November 09, 2017, 04:36:30 PM
99% of the people you are talking about do not dig deeper into the internet. They are clueless about what the internet can provide for them. I do not blame them to be honest. But anyways, they are free to believe in whatever they want. Their life, their choice.
In my opinion, I prefer dealing with crypto-currency for it is known to have many advantages unlike the regulated fiat money. I hope you get my point.
In my opinion, I prefer dealing with crypto-currency for it is known to have many advantages unlike the regulated fiat money. I hope you get my point.
November 09, 2017, 04:25:00 PM
The market cap for cryptocurrency is still very small when compare with any stock market.
But who knows that more and more people will invest cryptocurrency in the future.
Just like BTC inflation, cryptocurrency market will increase soon, everyone catches up this opportunity
But who knows that more and more people will invest cryptocurrency in the future.
Just like BTC inflation, cryptocurrency market will increase soon, everyone catches up this opportunity
November 09, 2017, 04:08:30 PM
Totally true.. the people more believe FIAT because FIAT is real and crypto currency can't use to daily transaction.. I think they are know about crypto but maybe they are thinking crypto currency just for invesment.
November 09, 2017, 04:02:42 PM
FIAT and Crypto both are serving the same purpose that is the mode of transaction. So how FIAT is better???
Yes, I may agree that most people are not much aware of BTC and are not comfortable in making a transaction in everyday life.
But that is their lack of technical skills.
Moreover, you can't HODL million of dollars in your pocket but Millions of BTC is just a click away from you. You can carry it to anywhere at anytime without any govt interference in it.
Isn't that amazing!!!
Yes, I may agree that most people are not much aware of BTC and are not comfortable in making a transaction in everyday life.
But that is their lack of technical skills.
Moreover, you can't HODL million of dollars in your pocket but Millions of BTC is just a click away from you. You can carry it to anywhere at anytime without any govt interference in it.
Isn't that amazing!!!
November 09, 2017, 04:01:47 PM
Unfortunately, some people have blind faith on what currency they're using up to now and don't see that they're getting screwed by their own government and own banks. Bitcoin is still regarded as the 'currency of illegal transactions' since that is what the media highlights and that's what people believe when in fact fiat is being used in fraud and shady transactions more often. Some people can't really accept revoluion/change, and they'd try to deny the facts as hard as they can just to not take up the facts
November 09, 2017, 02:16:06 PM
Everyone have their point of view! And yes, he might be right when he tells that having some euros and pounds, but if you have a computer not attached to the network, and you sign your transactions, you might also be very much anonymous in my opinion. Now many dont know about BTC, and BTC has it's flaws, so it has time to build a more reputable platform and technology.
November 09, 2017, 01:53:38 PM
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 have a doubt on your stats because i don't think so 99% of people will agree with this. Anonymous is not the only characteristic that make us to use cryptos there are variety of other advantages too like decentralization. However I agree with the fact that fiat is convenient because still today the majority of retailers, shops and other service providers don't accept bitcoin or other cryptos as payment method, this need a long time to make it more convenient so that we can use it anywhere and everywhere. "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 09, 2017, 01:51:13 PM
maybe they do not know digital money (crypto) so their assumptions are not real so they will not believe me, I have a short story I invite my friend to bitcoin trading at that time maybe bitcoin price of 2.000 USD but he do not believe it, he just say this scam, and I sell the price of 1 bitcoin 7.000 USD and I share the story to my friend who was 2,000 $ to 7,000 $ and the last word he may your money in the magic
November 09, 2017, 01:42:24 PM
yes if we compare from all populations people in the world then bitcoin users probably only 1% from that and it's not an easy task to change people habit from the centuries because fiat or physical money already use as transactions tools so people will more likely to trust fiat than digital money although with bitcoin a lot of benefit will we have from using it but that will not automatically people will following us and being the bitcoiners
November 09, 2017, 01:27:40 PM
It is true and will remaining always. BTC came some years ago and real physical money exists form long back. Once the country was formed they had their respective currencies which is legitimate and accepted worldwide and thus it is obviously for anybody to feel the same.
November 09, 2017, 01:02:31 PM
unfortunately it is true people still think fiat is still better than cryptocurrencies the reason is they haven't research or heard the bitcoin or they have heard about it but they didn't have an interest to learn more about it and some don't care about it but for us who were knowledgeable about bitcoin and other cryptocurrencies, knew that, bitcoin had some flaws and some us here think that fiat is still more convenient than bitcoin despite of price inflation and i agree with them cryptocurrencies should be together with fiat.
November 09, 2017, 12:56:12 PM
So what's wrong in it. It is true, in all of the world if 99% people prefer to fiat then they do it right. Fiat is our first currency and crypto currency we are using it just for increasing our fiat money. I am also one of them who believe on fiat currency, because fiat is our own currency and crypto is just for our investment or trading and we could do it only on online world.
Seconded. People will really normally choose fiat than on bitcoin if they would able to hear about it. They would really always choose on the thing that have been used for how many centuries and decades have passed. Knowing that theres no other thing that we do use to buy goods or trade but just using our own local fiat this is why people will always trust this thing no matter what and bitcoin would really just remain as an alternative. November 09, 2017, 12:37:14 PM
It didn't surprise me. We all know that in order to spend bitcoins, we need to exchange them for Fiat. It turns out that he supports bitcoin official currency. People who are not familiar with cryptocurrencies don't understand what the point is. It seems to me that only trade can show people that bitcoin is better than Fiat.
yes indeed fiat are still way more convenient because bitcoin has a little process before you can buy things. But for me it is just like fiat we can stock it whenever we want to. For example bank for fiat then online wallet for bitcoin and also fiat can change to bitcoin and bitcoin can change to fait. That two currency has a the same standing ithink cause they all have the same process to use. But the difference is that bitcoin cant buy anything on the store without covernthing it into fiat. Thats why the most convenient for the others is fait. And also im agree that they are not yet familiar on this type of currency. Thats why they choose fiate a convenient currency. November 09, 2017, 12:30:08 PM
Yes, it is a fact that we don't have majority with us but to be honest, there is nothing surprising in it because it is the similar case like the invention of the internet. There were the people (almost most of them who came to know about it) never believed in that innovation and thought that it will be limited for sending faxes and what not and there is no further scope for it. However, over the time we saw the revolution in the world based on the internet and majority of the people are loving (actually addicted) to this innovation. I am sure, within next decade Bitcoin/Blockchain technology will emerge in a similar way.
November 09, 2017, 11:56:02 AM
We cannot help but accept the fact that since adaptability of bitcoin in most country are not yet established people will still believe that fiat is better than bitcoin especially if they don't have any knowledge about bitcoin. The trust of most people with regards to crypto currencies can only be earned if the government will start legalizing bitcoin and make it as a part of their economies in such way only people will have the chance to know much better and learn about bitcoin
November 09, 2017, 11:52:10 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?
Well he was correct about the anonymity. There's a reason why many people still use fiat for illegal stuff.
As for the value though... well, we can't really trust the bankers to have our best interests in their minds, right?
November 09, 2017, 11:41:23 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?
People think that but being right or wrong is not subject to the amount of people believe in that information bitcoin is better than fiat and the fact that 99% of the population think the opposite only tells me that we have a lot of chances to make a lot of money when all of these people slowly begin to wake up to the reality and finally see bitcoin for what it is, a better alternative to fiat. "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?
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