Topic: 99% of the people still think that fiat money are better than crypto - page 6. (Read 3282 times)
April 17, 2018, 12:19:31 AM
Cardtronics speculated that not exclusively peopled incline toward cash since it is the most straightforward type of payment, however it is likewise an exceptionally sheltered and handy type of payment. Digital monetary standards are still famously hard to utilize, not to mention comprehend for the normal resident, while they are likewise inclined to hacks and scams. An astounding 84% of respondents are stressed over information security, and 66% said they settle on payment choices in light of which shape is viewed as the most secure.
April 16, 2018, 04:45:20 PM
And it isn't? Right now it is, anyone denying that is delusional. That doesn't mean I don't believe in crypto and the technology but we are still far away from any adoption close to any currency. Can you imagine anyone buying everything they buy with fiat but with bitcoins right now? It would be a nightmare.
April 16, 2018, 04:41:44 PM
Recall that FIAT money has been established for many years as a method of economic exchange, for purchases-sales, for business. It is normal that a large percentage of the population that does not know the cryptocurrency technology, that does not know how to get involved with computers or even has no idea what it is about, prefers to keep the fiat money and discredit cryptocurrencies.
April 16, 2018, 12:17:03 AM
can not be denied for now people who believe completely on the btc is still a little, most people are more confident in something that exists as can be in touch with real, no one if they feel more calm if have a bunch of dollars at home in comparison have some btc in his wallet, but if someone has felt the real benefit of having a btc he would think otherwise, all the benefits of being able to have a btc can override people's assumption that having that cash would be much better
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April 15, 2018, 11:51:02 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?
"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?
As far as I am concerned, what we have right now is the freedom of choice as there is a new form of money we can use for many intent and purposes...meaning we are not anymore limited with the fiat money. Personally speaking, I have no problem with the fiat money and there is no need to say that it would soon die because there will always be many people who can not use new technology and we have to respect them for their choice. Can you just imagine a woman who is already 85 and you insist that she should be using the crypto form of money instead of the paper bills she might have in her purse? That would tantamount to be an insult.
There is no need to choose one over the other because both have advantages and disadvantages and that is a big reality we have to accept in life: there is no perfect invention ever and all are subject to change that is why we always say that there is always some room for improvement. We have to remember that there is no law or any moral code for that matter dictating that we should be prioritizing the digital form of money over its printed counterpart. In other words, we can have both and I think this is quite true with all people here in the Bitcoin community. We have Bitcoin and we also have the traditional paper money. No need to dismiss one in favor of the other one.
April 15, 2018, 11:01:43 PM
Because in this world there are 2 generations, so naturally if the younger generation is very understand in every technology and always update, and reverse generation not understand 100% still many who want to use fiat money for no reason complicated with all technology and I was more comfortable use fiat money and crypto as my investment, anytime crypto will be difficult because many virtual currencies that think is not right for now to talk about it.
April 15, 2018, 10:43:44 PM
Cryptocurrency is new and most of the people who is not interested in internet or new technology doesn't bother about cryptocurrencies. I observed that most of the people who is interested in crypto are millennials or those who are baby boomers are not that interested in it and many still believe in the news even if some are just manipulated. Nowadays, cryptocurrencies has a pretty bad image especially to the people who do not know the actual use of it.
In our country alone, some investors have been victim of scam investing into a HYIP and they use bitcoin to invest on it. The media report that investors invest on bitcoin and called it scam immediately even though it is just the mode of payment. Some people would have a conclusion that bitcoin is scam along with other cryptocurrencies so it is hard to convince anyone about it especially if they are close minded.
In our country alone, some investors have been victim of scam investing into a HYIP and they use bitcoin to invest on it. The media report that investors invest on bitcoin and called it scam immediately even though it is just the mode of payment. Some people would have a conclusion that bitcoin is scam along with other cryptocurrencies so it is hard to convince anyone about it especially if they are close minded.
April 15, 2018, 10:22:45 PM
Everyone is free to think and choose whatever he thinks it's right at hi eyes, but your friend lacks of knowledge, we have the best anonymous crypto, I'm talking about Monero and ZCash, which provides a solid privacy with their operations
You are right there are a lot of people in the world and everyone has different thinking about bitcoin, so those who think bitcoin is better than fiat will earn from bitcoin and those who think fiat is good then they will lose the opportunity so better if you favor bitcoin, we can buy with bitcoin, we can pay with bitcoin, we can earn with bitcoin and we can save bitcoin so I think fiat is lower in value than bitcoin. April 15, 2018, 12:35:08 PM
That's why cryptos are not widely accepted, our society is not ready for them, as long as people keep thinking like cryptos are like paper money and can be used in the same situations
April 14, 2018, 09:10:23 AM
Everyone is free to think and choose whatever he thinks it's right at hi eyes, but your friend lacks of knowledge, we have the best anonymous crypto, I'm talking about Monero and ZCash, which provides a solid privacy with their operations
April 13, 2018, 11:31:42 AM
That isn't correct for me. I think cryptocurrencies the most profitable, secure, safety money all of the world. Who said it to you, they didn't understand what is the cryptocurrencies and you need to tell them about cryptocurrencies.
April 13, 2018, 10:57:57 AM
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.
for now i think cryptos more used for investment not for transaction tools. so because there are not many who provide payment using cryptos then cash money is more effective for current transaction April 10, 2018, 01:47:03 PM
We still nedd some time to pass before most people will recognise crypto the same level and higher than the money, they were used to pay a hundred years, so be patient.
April 10, 2018, 01:42:38 PM
True. They are not 100% anonymous. If a criminal uses the cryptocurrency to do some illegal things, he can be caught easily. IP address will show the way to him.
They were saying similar things about credit card fraudsters (easy to catch etc), yet only few of them are being arrested each year.
April 10, 2018, 01:31:41 PM
I think, that I will agree with something, what your friend said, bitcoin and other cryptocurrencies are not really anonymous, of course we can mix them use different address, different sites, but this all ending when we cashing out them. Of course here one way, if you will find random guy who will agree to buy your coins for cash, but I'm not sure that if it will possible and safe for large amounts, what starting from 100,000+$.
True. They are not 100% anonymous. If a criminal uses the cryptocurrency to do some illegal things, he can be caught easily. IP address will show the way to him.
April 10, 2018, 01:16:51 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.
April 10, 2018, 11:22:20 AM
It's hard for people to rebuild their minds and open it for a new one. The practice of paper money has existed for many generations and it will not be easy to completely abandon them. On the other hand, development is now accelerating the pace and the human consciousness is used to changing
April 09, 2018, 09:30:53 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?
This seems to be an unending issue. But we might as well keep in mind that we all have freedom to choose. They are probably saying it because fiat has a more stable market value than cryptos which are volatile so it is risky to convert their money into it. Other than that, maybe the support from the government is also something that they consider which made them think of such thing. "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?
April 09, 2018, 09:26:27 AM
According to my concept 99% of the world population are not aware of crypto so they think that fiat currency are better than crypto and people also fear the government since the government might bring some regulations since they fear the power of the government may lose . The government will have to accept crypto's since some countries will legalize Bitcoin or other altcoins in future and they will introduce their own digital currencies and so all have to accept it.
I do not think 99% of people in the world do not know about bitcoin, this number is definitely less, lots of people know about bitcoin but they have no trust in bitcoin because as you say, the government is involved in this matter when they always have bans and spread the news bitcoin is a scam to everyone. In addition, people just think bitcoin is an investment, it can not become a currency applied to real life when value changes and it is not accepted everywhere, can not compare with fiat money, fiat money is more convenient when easy to use and popular April 09, 2018, 02:56:07 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?
Many people said that because they have traditional mindset. Money in pocket is not safe because we lose it or maybe damage but cryptocurrency more safe than fiat money because its digital on our wallet. About anonymity, money under our pillow is not anonymous because eventually its will ended on bank with our bank account when new money printed
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