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Topic: 99% of the people still think that fiat money are better than crypto - page 3. (Read 3282 times)

newbie
Activity: 43
Merit: 0
full member
Activity: 378
Merit: 100
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.
full member
Activity: 378
Merit: 100
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?

We cannot change peoples perspective about cryptocurrency since there are also different critics and it affects people either in a good or bad way but we all really know that cryptocurrency is profitable so just help other people who needs more information in order for the community to grow even better.
member
Activity: 280
Merit: 10
Of course they do, imagine if you would use something for all of your life, and then suddenly someone will say to you that there is something much better Smiley
newbie
Activity: 52
Merit: 0
What can we expect when people already at first disagree with the potential benefits of the btcs even before telling them LOL
MiF
sr. member
Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
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?

We cannot change people's mind because there are governments who are hindering their own people to know about cryptocurrency since they are afraid that someday, no one will be interested on working in the corporate world.
It is true that not so many people are happy because of the crypto coins and that they are very much happy on using of the paper money and that they don’t have any such plan of investing in any of the crypto coin. The only reason behind all this is none other than that of the lack of knowledge regarding the things and that those peoples are taking least interest in the crypto market, so they don’t know anything about that.

Maybe to those people who had good job that earned higher amount of fiat will be happy and won't think about crypto. But these people weren't that plenty because most of the people who earns fiat cash right now is in middle class lifestyle, who earned lesser compared to those who had highest paying job. In reality if you ask them, they will tell you that they isn't satisfied with what they're earning and most of them preferred to invest for another business like crypto or else with another ways to earn as an additional part time income. Certainly for the person who hasn't able to gain enough knowledge from crypto will not think about the chances of earning profit, that's why fiat investment remained leading for them.
hero member
Activity: 672
Merit: 500
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?

We cannot change people's mind because there are governments who are hindering their own people to know about cryptocurrency since they are afraid that someday, no one will be interested on working in the corporate world.
It is true that not so many people are happy because of the crypto coins and that they are very much happy on using of the paper money and that they don’t have any such plan of investing in any of the crypto coin. The only reason behind all this is none other than that of the lack of knowledge regarding the things and that those peoples are taking least interest in the crypto market, so they don’t know anything about that.
member
Activity: 378
Merit: 25
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?

Most people still believes on fiat money, because it still is the best way for transaction. Bitcoin offers alternative payment system that companies or stores can use for their customer's convenience.

People who refuse to believe in bitcoin's potential are people who have less or no knowledge about bitcoin. They got used to conventional way of transactions and feel more safe about that. Just like you said "Nothing on the internet is anonymous" meaning some people have the same mentality as yours so they choose not to trust bitcoin.


We cannot blame people for not trusting bitcoin right away, but  If we are to put this in statistics, based on january 2018, bitcoin users has grown up to 40% of the total population, i dont know if it is true but if it is, only 60% are still ignorant or has no knowledge about bitcoin, it is based on the bitcoin users mapping in this link i have read, we are now on the end of this quarter and i think the stats has climbed up.

Here is the link : https://www.zerohedge.com/news/2018-01-16/mapping-bitcoins-legality-around-world
full member
Activity: 560
Merit: 107
For me, We cannot deny the truth; you are correct all most of people are stay recognized and use the fiat. Bitcoin is still unfamiliar mostly to a place that has a problem or lack of internet connection or to those place that bitcoin is illegal. Fiat or real money will remain forever currency that people will use. Digital currency is the only additional option of currency. It is better to have the bitcoin more than to have a bank account. If we compare them both fiat and bitcoin, bitcoin is smooth transaction and profitable way more than fiat. Smiley
jr. member
Activity: 224
Merit: 1
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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 is true what your friend said. It's important to understand though that international transactions are not anonymous except doing it via cryptocurrencies and even that needs to be done the right way.
member
Activity: 140
Merit: 12
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?

Actually he said perfectly yes it's true. But if ever he know about crypto currency and what benefit he could get maybe it's time could change his mind. One of my friend is expert in crypto currency and he said if you know about crypto coin you are not a normal human because your mind is open wide than the normal people who don't know about cryptocoins.
jr. member
Activity: 193
Merit: 1
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?

Most people still believes on fiat money, because it still is the best way for transaction. Bitcoin offers alternative payment system that companies or stores can use for their customer's convenience.

People who refuse to believe in bitcoin's potential are people who have less or no knowledge about bitcoin. They got used to conventional way of transactions and feel more safe about that. Just like you said "Nothing on the internet is anonymous" meaning some people have the same mentality as yours so they choose not to trust bitcoin.
full member
Activity: 434
Merit: 100
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?

We cannot change people's mind because there are governments who are hindering their own people to know about cryptocurrency since they are afraid that someday, no one will be interested on working in the corporate world.
newbie
Activity: 151
Merit: 0
Maybe that is true that more people think that fiat money is better than cryptocurrency, I think the reason is they didn't know how to work on it and always think that crypto is a scam. Lack of knowledge in the world of crypto.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
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.
Well, this is a real and accurate thing, crypto can not be compared to paper money because the support from the government is very low, and it is only a field born in recent years, it does not create the necessary credibility for everyone, the number of people who care about crypto is still a pitiful number. While the number of people using paper money is overwhelming, in addition, the value of paper money is almost fixed while crytpo is changed, it makes people feel very uncomfortable in the transaction then feel depressed in the process of waiting for confirmation
I think the factor of support from the government is also very influential. when the government does not provide any legalization to the crypto. of course only a few stores accept bitcoin and that will make the lack of interest of people to use crypto as a means of payment because of the limited merchants who accepting bitcoin. that's what makes people prefer fiat

Well information isn't distributed well enough yet i think. Negative news about bitcoin and how it's perceived to be a bubble or a scam are making more rounds than the technology that bitcoin presents. That's why most people see it in a negativr light.
member
Activity: 140
Merit: 10
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?

Fiat money is more used to people than "unintelligible" cryptocurrencies. Most people don't know how to use cryptocurrency and where to buy it and why. I think, that gradually, it will be used everyday by all people Roll Eyes
hero member
Activity: 1148
Merit: 504
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.
Well, this is a real and accurate thing, crypto can not be compared to paper money because the support from the government is very low, and it is only a field born in recent years, it does not create the necessary credibility for everyone, the number of people who care about crypto is still a pitiful number. While the number of people using paper money is overwhelming, in addition, the value of paper money is almost fixed while crytpo is changed, it makes people feel very uncomfortable in the transaction then feel depressed in the process of waiting for confirmation
I think the factor of support from the government is also very influential. when the government does not provide any legalization to the crypto. of course only a few stores accept bitcoin and that will make the lack of interest of people to use crypto as a means of payment because of the limited merchants who accepting bitcoin. that's what makes people prefer fiat
member
Activity: 274
Merit: 10
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?
My friend I think they are more comfortable of fiat because it is easy and already in used when they started to grow up.That's my opinion on why people love fiat.
legendary
Activity: 1596
Merit: 1034
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, it is true. The purpose of people gathering as much bitcoin is to get fiat currency more because when we have digital assets and the price soars, then everyone will sell the asset to get the dollar. Saving fiat money is safer than storing bitcoins.
hero member
Activity: 644
Merit: 500
This might be true that 99% of the people still think that fiat money are better than crypto because fiat money is still the accustomed of many people around world , even the popularity of bitcoin in the digital world but outside , bitcoin is not known yet by all people especially
That is absolutely right. As the people are continuously using paper money since ages, so we can expect a very comfortable environment and feeling for them with paper money. While bitcoins are new and they seem a little scam as well to some people, but what if the ages will passed and we will be seeing bitcoins to be used at every level. By then, people will definitely chose bitcoins over fiat money.
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