Topic: 99% of the people still think that fiat money are better than crypto - page 7. (Read 3281 times)
April 09, 2018, 03:41:28 AM
Well most likely to those people who say's Fiat is still better than crypto I think they do not know how it works they do not have enough knowledge on how get into it and because Fiat is visible so they think crypto currencies can only be used through internet but if they learned more about crypto probably they will change their mind and they more become interested to enter in crypto world.
April 09, 2018, 02:16:02 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.
April 09, 2018, 01:54:57 AM
It is not the calculations that you can easily say that fiat money will better than crypto while for me crypto is also very important and in the present time crypto is uses in the world with fiat in some situation crypto are providing assistance and convenience while for us the online payments is only good with bitcoin and other crypto coins.
April 09, 2018, 01:53:10 AM
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+$.
indeed in the end our wallet will be converted to fiat currency, from there we can use to buy daily need, because in my country is prohibited transactions using cryptos. and in the local exchanger is listed our identity data, so it is not purely anonymousIt will still be the same till the time all government come together and say they do support this and then we can expect the change to happen. Till the time government allows and encourage the crypto currency it will be difficult for people to use in daily needs.
April 09, 2018, 01:47:18 AM
I think, that I will agree with something, what your friend said, bitcoin and other cryptocurrencies are not really anonymous, of course we can mix them use different address, different sites, but this all ending when we cashing out them. Of course here one way, if you will find random guy who will agree to buy your coins for cash, but I'm not sure that if it will possible and safe for large amounts, what starting from 100,000+$.
indeed in the end our wallet will be converted to fiat currency, from there we can use to buy daily need, because in my country is prohibited transactions using cryptos. and in the local exchanger is listed our identity data, so it is not purely anonymous 
April 07, 2018, 04:48:46 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+$.
April 07, 2018, 04:29:44 PM
Until adoption reaches the same scale as fiat, cryptocurrency will never be as inherently useful as "money". This is moreso due to the fact that society and commerce are set up around a "physical money" paradigm. When more merchants accept Bitcoin, it will be much easier to use, and subsequently much more useful
April 07, 2018, 04:10:45 PM
All things thought of, we tend to ar in our current reality wherever in cryptographical cash is not however utterly welcome all over throughout the planet notably Central banks that they apprehend the price of digital types of cash is controlled by monumental whales, however at a similar time thanks to the strength of bitcoin several people have gotten intrigued by it thanks to the method that at some point it may well be 1,000,000 dollar value.
If they try to involve in the blockchain technology or kind of investment here on bitcoin probably people are gaining huge moneys. Definitely, people are choosing fiat money because it is widely accepted by governments in all over the world. But in several, bitcoin is the most powerful coin that has potential to grow our money .For me, crypto is much better than fiat money because it has a big impact in our life and can contribute in our economy in terms of financial problem. March 30, 2018, 06:44:23 PM
I guess your friend's got a point. What we do need to understand though is that not too many people do have access to crypto's and even if they do, they're not quite sure what to do with it or even to get into it at all. With the way things are, fiat is still our main mean of transactions and I don't see that changing for now. Taking a few steps back, when your friend said that nothing on the internet is anonymous makes me think that to some extent, he could be right. However, we need to look beyond that and see that what crypto's anonymity can offer would be through transactions. Say you gas up, you get a receipt. Eat at restaurants or even by at a convenience store, you get receipts. Along with those receipts, you pay taxes. So even with fiat, there's a chance that you can still be identified. Fiat or crypto's, there will always be ups and downs, pros and cons.
March 30, 2018, 03:50:17 PM
All things thought of, we tend to ar in our current reality wherever in cryptographical cash is not however utterly welcome all over throughout the planet notably Central banks that they apprehend the price of digital types of cash is controlled by monumental whales, however at a similar time thanks to the strength of bitcoin several people have gotten intrigued by it thanks to the method that at some point it may well be 1,000,000 dollar value.
If they try to involve in the blockchain technology or kind of investment here on bitcoin probably people are gaining huge moneys. Definitely, people are choosing fiat money because it is widely accepted by governments in all over the world. But in several, bitcoin is the most powerful coin that has potential to grow our money .For me, crypto is much better than fiat money because it has a big impact in our life and can contribute in our economy in terms of financial problem. 
March 30, 2018, 10:41:37 AM
that thing i think because fiat money has been passed by government, so there is no reason to not believe it and risk of bitcoin losses must borne alone, so many people not dare to take this speculation
March 30, 2018, 10:01:13 AM
can be people do not want to invest and do not want to receive bitcoin because they are less knowledge about bitcoin. they feel it's unbelievable, actually if they want to bet and try their fate here, I'm sure this bitcoin is a great opportunity to make money.
I think the statistics aren't quite accurate enough on it, But I believe that mostly and plenty
still think that fiat is more relevant than cryptocurrency. Don't get me wrong because I too
believe in crypto, I'm into deep with it. But with the current dips we have and unsatisfactory
market conditions, fiat does seem relevant because no matter how bad the crisis may be
fiat seems to stay. We all know and some may not agree, but the point is crypto does and
will always rely with fiat, we compare and convert them most of the time to the actual
value in real money. Maybe when crypto does well and the market recovers, people will
favor it more better. Hopefully.
March 30, 2018, 09:07:26 AM
It depends. Fiat money is the one that you can use in easiest way.crypto currencies are still very new to adapt existing world. They are slow and have high fees. But they will start to dominate futures financial system.
March 30, 2018, 08:59:11 AM
Only makes sense that a lot of people will think this way. Fiat money has been around for decades, it is what they are used to, and what they know has worked all this time. Now considering how volatile the crypto market has been recently, they would have an even stronger point. Crypto is going to take time, much more longer than we want, we just have to be patient for it.
Fiat currency is present for decades and it is really difficult to believe on such currency which we never practice, and do not have any physical existence. I think first they need to learn about bitcoin and then should use it for online shopping and then they will get confident to start using bitcoin instead of fiat currency. But i think that it will take a lot of time because people do not get satisfaction so soon. March 30, 2018, 05:50:16 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’s true that bitcoin price hasn’t increased a lot which states that bitcoin demand is very high among people and it has gained a huge amount of popularity and users throughout the world but still I do believe that bitcoin will not be able to replace fiat currency because firstly, fiat currency is way more popular than bitcoin and has way more users than bitcoins. Then fiat currency is accepted everywhere whereas bitcoin is not accepted everywhere around the world. "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?
March 30, 2018, 05:34:46 AM
I think it make sense because we can't deny that there is disadvantages in cryptocurrency. I am thinking that if only this downside is addressed, maybe it's not hard for us to replace crypto since we all know that we can't use cryptos when we are offline.
March 30, 2018, 05:14:53 AM
I am pretty sure that it isn't 99% but I assume that it is really is still a high rate compared to the people who think that crypto currency is much more better.
We all know that there is more than 1% of the people all over the world who is already using crypto currency and I think they also think that it is much more better than fiat.
We all know that there is more than 1% of the people all over the world who is already using crypto currency and I think they also think that it is much more better than fiat.
March 30, 2018, 05:13:15 AM
Only makes sense that a lot of people will think this way. Fiat money has been around for decades, it is what they are used to, and what they know has worked all this time. Now considering how volatile the crypto market has been recently, they would have an even stronger point. Crypto is going to take time, much more longer than we want, we just have to be patient for it.
March 30, 2018, 05:07:27 AM
All things thought of, we tend to ar in our current reality wherever in cryptographical cash is not however utterly welcome all over throughout the planet notably Central banks that they apprehend the price of digital types of cash is controlled by monumental whales, however at a similar time thanks to the strength of bitcoin several people have gotten intrigued by it thanks to the method that at some point it may well be 1,000,000 dollar value.
If they try to involve in the blockchain technology or kind of investment here on bitcoin probably people are gaining huge moneys. Definitely, people are choosing fiat money because it is widely accepted by governments in all over the world. But in several, bitcoin is the most powerful coin that has potential to grow our money .For me, crypto is much better than fiat money because it has a big impact in our life and can contribute in our economy in terms of financial problem. 
March 30, 2018, 04:47:23 AM
All things thought of, we tend to ar in our current reality wherever in cryptographical cash is not however utterly welcome all over throughout the planet notably Central banks that they apprehend the price of digital types of cash is controlled by monumental whales, however at a similar time thanks to the strength of bitcoin several people have gotten intrigued by it thanks to the method that at some point it may well be 1,000,000 dollar value.
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