Topic: Bitcoin can not replace fiat - page 119. (Read 163793 times)

Quote from: expert4knowledge on May 05, 2016, 02:11:23 PM

Quote from: socks435 on May 05, 2016, 02:41:26 PM

More importantly, why such make a desire to have fiat be replaced by bitcoin?

Do you know some major effects in one country's economy if that will happened?

Yes and that is exactly why I do not think governments let bitcoin to replace national currencies.

Yes Governments don't want to loose their control on money, if they allow bitcoin then they will surely loose control and it will also end up their corrupted activities.

Corruption in bitcoin will will be better if government is involve for bitcoin.. honestly you cant easily tract the transaction if you use bitmixer.. so bitcoin is not the best to involve government for bitcoin.. its bad for me..

And websites such as bitmixer are among the biggest obstacles for spreading bitcoin in a formal way.

If they can adopt more about bitcoin it would be better to dont involve any government about bitcoin because its risky..
Yean bitmixer is one of the reason.. not a biggest one..

Fiat will continue its role in future too even if the bitcoin gets on mainstream as the users of fiat are more and it will continue to rise in future too.

Yeah people find easy to use fiat as it is accepted everywhere and users have more faith in it in compare to any digital currency.

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Quote from: expert4knowledge on May 05, 2016, 02:32:26 PM

Quote from: expert4knowledge on May 05, 2016, 02:11:23 PM

Quote from: expert4knowledge on May 05, 2016, 02:32:26 PM

More importantly, why such make a desire to have fiat be replaced by bitcoin?

Do you know some major effects in one country's economy if that will happened?

Yes and that is exactly why I do not think governments let bitcoin to replace national currencies.

Yes Governments don't want to loose their control on money, if they allow bitcoin then they will surely loose control and it will also end up their corrupted activities.

Corruption in bitcoin will will be better if government is involve for bitcoin.. honestly you cant easily tract the transaction if you use bitmixer.. so bitcoin is not the best to involve government for bitcoin.. its bad for me..

And websites such as bitmixer are among the biggest obstacles for spreading bitcoin in a formal way.

If they can adopt more about bitcoin it would be better to dont involve any government about bitcoin because its risky..
Yean bitmixer is one of the reason.. not a biggest one..

Fiat will continue its role in future too even if the bitcoin gets on mainstream as the users of fiat are more and it will continue to rise in future too.

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Quote from: expert4knowledge on May 05, 2016, 02:11:23 PM

More importantly, why such make a desire to have fiat be replaced by bitcoin?

Do you know some major effects in one country's economy if that will happened?

Yes and that is exactly why I do not think governments let bitcoin to replace national currencies.

Yes Governments don't want to loose their control on money, if they allow bitcoin then they will surely loose control and it will also end up their corrupted activities.

Corruption in bitcoin will will be better if government is involve for bitcoin.. honestly you cant easily tract the transaction if you use bitmixer.. so bitcoin is not the best to involve government for bitcoin.. its bad for me..

And websites such as bitmixer are among the biggest obstacles for spreading bitcoin in a formal way.

If they can adopt more about bitcoin it would be better to dont involve any government about bitcoin because its risky..
Yean bitmixer is one of the reason.. not a biggest one..

expert4knowledge

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Quote from: expert4knowledge on May 05, 2016, 02:11:23 PM

Quote from: Bitcoinbro on May 01, 2016, 05:31:05 PM

More importantly, why such make a desire to have fiat be replaced by bitcoin?

Do you know some major effects in one country's economy if that will happened?

Yes and that is exactly why I do not think governments let bitcoin to replace national currencies.

Yes Governments don't want to loose their control on money, if they allow bitcoin then they will surely loose control and it will also end up their corrupted activities.

Corruption in bitcoin will will be better if government is involve for bitcoin.. honestly you cant easily tract the transaction if you use bitmixer.. so bitcoin is not the best to involve government for bitcoin.. its bad for me..

And websites such as bitmixer are among the biggest obstacles for spreading bitcoin in a formal way.

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Quote from: expert4knowledge on May 01, 2016, 03:34:23 PM

Quote from: KingdomHearts on May 01, 2016, 06:54:34 AM

Yes, bitcoin cannot replace fiat and it will remain on its place while , as both of the currencies have their own places, bitcoin is invented for the oline use and online businesses while the fiat is working good for the offline use at the local markets and other shops etc.

There is a strong possibility that bitcoin becomes much more popular among people and the usage of it increases however it is not replaced simply.

I disagree about the fact that the fiat is only for offline markets because you can see that fiat is also getting more online so the bitcoin will get it difficult one day.
There is a good chance that the bitcoin will never replace the fiat.

Yes it does not replace fiat but its usage among users is increasing so we can expect for more shops that accepts bitcoin and more people who use it.

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Quote from: expert4knowledge on May 05, 2016, 02:11:23 PM

Quote from: expert4knowledge on May 05, 2016, 02:11:23 PM

More importantly, why such make a desire to have fiat be replaced by bitcoin?

Do you know some major effects in one country's economy if that will happened?

Yes and that is exactly why I do not think governments let bitcoin to replace national currencies.

Yes Governments don't want to loose their control on money, if they allow bitcoin then they will surely loose control and it will also end up their corrupted activities.

Corruption in bitcoin will will be better if government is involve for bitcoin.. honestly you cant easily tract the transaction if you use bitmixer.. so bitcoin is not the best to involve government for bitcoin.. its bad for me..

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More importantly, why such make a desire to have fiat be replaced by bitcoin?

Do you know some major effects in one country's economy if that will happened?

Yes and that is exactly why I do not think governments let bitcoin to replace national currencies.

Yes Governments don't want to loose their control on money, if they allow bitcoin then they will surely loose control and it will also end up their corrupted activities.

expert4knowledge

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Activity: 826

Merit: 1000

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