Topic: Bitcoin can not replace fiat - page 69. (Read 163791 times)
This wont happen, we can change into digital era and bitcoin wont be replacing any currencie, thats a fact bitcoin does have limits, and once the halvings ends as well the mines, we will see a market off demand and supply, if people keep using bitcoin it might get an amazing value but we wont be here to see what will happen with bitcoin.
The fiat system can easy eat bitcoin, and bitcoinc cant be traded against all fiat, even if the price double or more, be sure that bitcoin is an extra currencie with a lot of potencial to grow over time, currently the best way to make money is crypto currencies.
Fiat will be always be used by countries and there is nothing showing they are going to invest into crypto world soo soon, besides China that seems to be testing already this model.
Sorry I dissagree with you, a lot of people in several countries were exchange their currencies to the USD and bitcoin because the value of their currencies down so far. This showed that fiat is not always fit for us. I think fiat will be replaced by something better.Fiat will be always be used by countries and there is nothing showing they are going to invest into crypto world soo soon, besides China that seems to be testing already this model.
I agree fiat will be replace by electronic money but not Bitcoin. I believe the each country will have their own digital currency base on the fiat money model which means centralized and regulated by the government. Bitcoin may had been popular but it does not even scale to the level where 50% of world population is using it. Far from that percentage is where bitcoin at this point.
If what you are telling of each country have their own digital currency then their is no difference between fiat currency and digital currency. I dont think that this way of coins will be success. Bitcoin will be the superior power.
Well, bitcoin is not able to replace the position of fiat, because fiat has been accepted by the people of a country. in addition, Fiat also has its own value in the international world. I think, fiat is also one of the requirements to become a country, so bitcoin can not replace it.
The fiat system can easy eat bitcoin, and bitcoinc cant be traded against all fiat, even if the price double or more, be sure that bitcoin is an extra currencie with a lot of potencial to grow over time, currently the best way to make money is crypto currencies.
Fiat will be always be used by countries and there is nothing showing they are going to invest into crypto world soo soon, besides China that seems to be testing already this model.
Sorry I dissagree with you, a lot of people in several countries were exchange their currencies to the USD and bitcoin because the value of their currencies down so far. This showed that fiat is not always fit for us. I think fiat will be replaced by something better.Fiat will be always be used by countries and there is nothing showing they are going to invest into crypto world soo soon, besides China that seems to be testing already this model.
I agree fiat will be replace by electronic money but not Bitcoin. I believe the each country will have their own digital currency base on the fiat money model which means centralized and regulated by the government. Bitcoin may had been popular but it does not even scale to the level where 50% of world population is using it. Far from that percentage is where bitcoin at this point.
If what you are telling of each country have their own digital currency then their is no difference between fiat currency and digital currency. I dont think that this way of coins will be success. Bitcoin will be the superior power.
It will be possible but probably not going to happen, why would the government put more effort in changing the currency, when you know that people will just continue in using fiat. I think they won't bother in using it because they already have money. Once they hear that the price of bitcoin is high, probably they are going to start using it.
The fiat system can easy eat bitcoin, and bitcoinc cant be traded against all fiat, even if the price double or more, be sure that bitcoin is an extra currencie with a lot of potencial to grow over time, currently the best way to make money is crypto currencies.
Fiat will be always be used by countries and there is nothing showing they are going to invest into crypto world soo soon, besides China that seems to be testing already this model.
Sorry I dissagree with you, a lot of people in several countries were exchange their currencies to the USD and bitcoin because the value of their currencies down so far. This showed that fiat is not always fit for us. I think fiat will be replaced by something better.Fiat will be always be used by countries and there is nothing showing they are going to invest into crypto world soo soon, besides China that seems to be testing already this model.
I agree fiat will be replace by electronic money but not Bitcoin. I believe the each country will have their own digital currency base on the fiat money model which means centralized and regulated by the government. Bitcoin may had been popular but it does not even scale to the level where 50% of world population is using it. Far from that percentage is where bitcoin at this point.
If what you are telling of each country have their own digital currency then their is no difference between fiat currency and digital currency. I dont think that this way of coins will be success. Bitcoin will be the superior power.
Bitcoin is a deflationary tool at its core, his proposal is absolutely restricted in the future growth of the number of coins will stop that supports the price of bitcoin, at least for the moment. Bitcoins are extremely rare, while the supply of fiat is constantly increasing, cause of governments able to print it nonstop.
This is wrong, government cant keep on printing money as many as they like. The reason why fiat is going to be replaced by fiat is because of the inflation reason, at one point sooner or later people will need to stay out of inflation especially poor countries in the middle east or else their people might not be able to afford anything
One thing should be accomplish before Bitcoin can replace fiat. And that is the government recognition and acceptance of Bitcoin to replace their own fiat which in my opinion is far from happening. As long as the government reject Bitcoin as their main currency, it will never replace fiat. It will always stay as alternative to fiat currency.
But sadly people are too attached to their government. "cautious" people tend to wait for their government to recognize a certain things before using it especially it has connection to currency because they don't want to be tagged in money laundering. Besides, the issue here is not individual but rather a national currency issue, so it needs an authority approval to fully practice the replacement of once currency to another currency.
The fiat system can easy eat bitcoin, and bitcoinc cant be traded against all fiat, even if the price double or more, be sure that bitcoin is an extra currencie with a lot of potencial to grow over time, currently the best way to make money is crypto currencies.
Fiat will be always be used by countries and there is nothing showing they are going to invest into crypto world soo soon, besides China that seems to be testing already this model.
Sorry I dissagree with you, a lot of people in several countries were exchange their currencies to the USD and bitcoin because the value of their currencies down so far. This showed that fiat is not always fit for us. I think fiat will be replaced by something better.Fiat will be always be used by countries and there is nothing showing they are going to invest into crypto world soo soon, besides China that seems to be testing already this model.
I agree fiat will be replace by electronic money but not Bitcoin. I believe the each country will have their own digital currency base on the fiat money model which means centralized and regulated by the government. Bitcoin may had been popular but it does not even scale to the level where 50% of world population is using it. Far from that percentage is where bitcoin at this point.
Of course can't fiat money replace bitcoin, because we still use fiat money at the end look how much banks they are in the world they won't just change to go to bitcoin. Bitcoin is just good when you trading or other stuff. Also we need fiat for bitcoin price.
We cannot compare there edges, just important is there are both helpful. Besides, fiat is almost a decades that has been established in this kind of industry and many people around the world are using it every time they convert there currency. while is helpful for us through in trading site.
The fiat system can easy eat bitcoin, and bitcoinc cant be traded against all fiat, even if the price double or more, be sure that bitcoin is an extra currencie with a lot of potencial to grow over time, currently the best way to make money is crypto currencies.
Fiat will be always be used by countries and there is nothing showing they are going to invest into crypto world soo soon, besides China that seems to be testing already this model.
Sorry I dissagree with you, a lot of people in several countries were exchange their currencies to the USD and bitcoin because the value of their currencies down so far. This showed that fiat is not always fit for us. I think fiat will be replaced by something better.Fiat will be always be used by countries and there is nothing showing they are going to invest into crypto world soo soon, besides China that seems to be testing already this model.
No matter what we do, the government has all the power to implement the usage of fiat.
The fiat system can easy eat bitcoin, and bitcoinc cant be traded against all fiat, even if the price double or more, be sure that bitcoin is an extra currencie with a lot of potencial to grow over time, currently the best way to make money is crypto currencies.
Fiat will be always be used by countries and there is nothing showing they are going to invest into crypto world soo soon, besides China that seems to be testing already this model.
Sorry I dissagree with you, a lot of people in several countries were exchange their currencies to the USD and bitcoin because the value of their currencies down so far. This showed that fiat is not always fit for us. I think fiat will be replaced by something better. Fiat will be always be used by countries and there is nothing showing they are going to invest into crypto world soo soon, besides China that seems to be testing already this model.
The fiat system can easy eat bitcoin, and bitcoinc cant be traded against all fiat, even if the price double or more, be sure that bitcoin is an extra currencie with a lot of potencial to grow over time, currently the best way to make money is crypto currencies.
Fiat will be always be used by countries and there is nothing showing they are going to invest into crypto world soo soon, besides China that seems to be testing already this model.
Fiat will be always be used by countries and there is nothing showing they are going to invest into crypto world soo soon, besides China that seems to be testing already this model.
Bitcoin is a deflationary tool at its core, his proposal is absolutely restricted in the future growth of the number of coins will stop that supports the price of bitcoin, at least for the moment. Bitcoins are extremely rare, while the supply of fiat is constantly increasing, cause of governments able to print it nonstop.
This is wrong, government cant keep on printing money as many as they like. The reason why fiat is going to be replaced by fiat is because of the inflation reason, at one point sooner or later people will need to stay out of inflation especially poor countries in the middle east or else their people might not be able to afford anything
One thing should be accomplish before Bitcoin can replace fiat. And that is the government recognition and acceptance of Bitcoin to replace their own fiat which in my opinion is far from happening. As long as the government reject Bitcoin as their main currency, it will never replace fiat. It will always stay as alternative to fiat currency.
But sadly people are too attached to their government. "cautious" people tend to wait for their government to recognize a certain things before using it especially it has connection to currency because they don't want to be tagged in money laundering. Besides, the issue here is not individual but rather a national currency issue, so it needs an authority approval to fully practice the replacement of once currency to another currency.
It surely can't replace fiat, but i do believe both can work together
Bitcoin is a deflationary tool at its core, his proposal is absolutely restricted in the future growth of the number of coins will stop that supports the price of bitcoin, at least for the moment. Bitcoins are extremely rare, while the supply of fiat is constantly increasing, cause of governments able to print it nonstop.
This is wrong, government cant keep on printing money as many as they like. The reason why fiat is going to be replaced by fiat is because of the inflation reason, at one point sooner or later people will need to stay out of inflation especially poor countries in the middle east or else their people might not be able to afford anything
One thing should be accomplish before Bitcoin can replace fiat. And that is the government recognition and acceptance of Bitcoin to replace their own fiat which in my opinion is far from happening. As long as the government reject Bitcoin as their main currency, it will never replace fiat. It will always stay as alternative to fiat currency.
Bitcoin is a deflationary tool at its core, his proposal is absolutely restricted in the future growth of the number of coins will stop that supports the price of bitcoin, at least for the moment. Bitcoins are extremely rare, while the supply of fiat is constantly increasing, cause of governments able to print it nonstop.
This is wrong, government cant keep on printing money as many as they like. The reason why fiat is going to be replaced by fiat is because of the inflation reason, at one point sooner or later people will need to stay out of inflation especially poor countries in the middle east or else their people might not be able to afford anything
One thing should be accomplish before Bitcoin can replace fiat. And that is the government recognition and acceptance of Bitcoin to replace their own fiat which in my opinion is far from happening. As long as the government reject Bitcoin as their main currency, it will never replace fiat. It will always stay as alternative to fiat currency.
Bitcoin appeared not so long ago and it knows very few people. Many of those who knew of him only see the negative side of it. Therefore, even if the government will not intervene in this system for its prohibitions, Bitcoin is not yet will soon be able to approach the popularity of Fiat.
Bitcoin is a deflationary tool at its core, his proposal is absolutely restricted in the future growth of the number of coins will stop that supports the price of bitcoin, at least for the moment. Bitcoins are extremely rare, while the supply of fiat is constantly increasing, cause of governments able to print it nonstop.
This is wrong, government cant keep on printing money as many as they like. The reason why fiat is going to be replaced by fiat is because of the inflation reason, at one point sooner or later people will need to stay out of inflation especially poor countries in the middle east or else their people might not be able to afford anything
Bitcoin is a deflationary tool at its core, his proposal is absolutely restricted in the future growth of the number of coins will stop that supports the price of bitcoin, at least for the moment. Bitcoins are extremely rare, while the supply of fiat is constantly increasing, cause of governments able to print it nonstop.
Bitcoin can not ever replace bitcoins at all .we earn in bitcoins through signature campaign and we know that we have to sell that bitcoins and get fiat through which we can earn through it and makes it to buy all the necessary stuffs we want to buy .
Yeah bitcoin cannot replace bitcoin because it is who it is.
Dont rush typing the words so that you wont get wrong.But I know what you mean. It is not just signature campaigns where you can make money and try to turn it back to fiat for your necessary stuffs. There are a lot of ways.
Fiat is fiat and it will do its job and bitcoin has its own too.
Bitcoin can not ever replace bitcoins at all .we earn in bitcoins through signature campaign and we know that we have to sell that bitcoins and get fiat through which we can earn through it and makes it to buy all the necessary stuffs we want to buy .
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