Topic: Bitcoin can not replace fiat - page 78. (Read 163793 times)
Bitcoin were never made to replace anything, but to help all people which does several transactions online, it has growed too fast and into levels that i doubt Nakamoto were expecting. It became one of the best investments, from the miners, and for investors as well, bitcoin nowadays can be used for anything if not directly by third companies, debitc cards, but with this all the fiat will always stay alive doesnt matter how strong and valuable bitcoin may became.
for now peoples believe bitcoin can't replace fiat because most of the payment by fiat such as the necessities of life and I'm sure most users bitcoin exchanging bitcoin them to their country's local currency (fiat)
Yes agree, I never thought that bitcoin is created to replace the fiat money. I am hope as now, easy to use, it could be accepted in many places or many countries and of course the prices always go up but not too significant, I think it's quite up 15% per year.Indeed it is not created for this but this can also not happen because the currency's are simply protected by banks and the government.
Bitcoin cannot replace fiat. Fiat currency gain their value from an asset or central bank support. Instead, bitcoin gets its value from the existing scarcity of the limited amount available in the circulation or from mining operations.
Bitcoin isn't dependent on changes in the value of an underlying asset, such as gold or silver, but is supported by the principles of the market on the basis of supply and demand.
I have a habit of this money and I can not get used to the currency, which has not confirmed gold reserves. This theme is as old as the world, but only bitcoin digital money. And it is very nominal currency. Bitcoin isn't dependent on changes in the value of an underlying asset, such as gold or silver, but is supported by the principles of the market on the basis of supply and demand.
Bitcoin cannot replace fiat. Fiat currency gain their value from an asset or central bank support. Instead, bitcoin gets its value from the existing scarcity of the limited amount available in the circulation or from mining operations.
Bitcoin isn't dependent on changes in the value of an underlying asset, such as gold or silver, but is supported by the principles of the market on the basis of supply and demand.
The World Bank, together with the banking system of all countries will make it impossible to destroy the bitcoin Fiat. This is simply unacceptable. Bitcoin isn't dependent on changes in the value of an underlying asset, such as gold or silver, but is supported by the principles of the market on the basis of supply and demand.
bitcoin will be never replace fiat because fiat is regular currency and we can use it for direct shopping and we can use it for online shopping but i hope we can be use both currencies for direct shopping in the future.
Bitcoin is just good for alternative payment method but i think they can not replace fiat like you said it is a regular currency and fiat is already published for every government and country. For me bitcoin is just a good to use in online activity just like other payment methods.. or use for paying for every day life like here in my country we can pay for our electric bills with bitcoin.
bitcoin will be never replace fiat because fiat is regular currency and we can use it for direct shopping and we can use it for online shopping but i hope we can be use both currencies for direct shopping in the future.
Bitcoin cannot replace fiat. Fiat currency gain their value from an asset or central bank support. Instead, bitcoin gets its value from the existing scarcity of the limited amount available in the circulation or from mining operations.
Bitcoin isn't dependent on changes in the value of an underlying asset, such as gold or silver, but is supported by the principles of the market on the basis of supply and demand.
Bitcoin isn't dependent on changes in the value of an underlying asset, such as gold or silver, but is supported by the principles of the market on the basis of supply and demand.
for now peoples believe bitcoin can't replace fiat because most of the payment by fiat such as the necessities of life and I'm sure most users bitcoin exchanging bitcoin them to their country's local currency (fiat)
Yes agree, I never thought that bitcoin is created to replace the fiat money. I am hope as now, easy to use, it could be accepted in many places or many countries and of course the prices always go up but not too significant, I think it's quite up 15% per year.Indeed it is not created for this but this can also not happen because the currency's are simply protected by banks and the government.
for now peoples believe bitcoin can't replace fiat because most of the payment by fiat such as the necessities of life and I'm sure most users bitcoin exchanging bitcoin them to their country's local currency (fiat)
Yes agree, I never thought that bitcoin is created to replace the fiat money. I am hope as now, easy to use, it could be accepted in many places or many countries and of course the prices always go up but not too significant, I think it's quite up 15% per year.
for now peoples believe bitcoin can't replace fiat because most of the payment by fiat such as the necessities of life and I'm sure most users bitcoin exchanging bitcoin them to their country's local currency (fiat)
Yes agree, I never thought that bitcoin is created to replace the fiat money. I am hope as now, easy to use, it could be accepted in many places or many countries and of course the prices always go up but not too significant, I think it's quite up 15% per year.Indeed it is not created for this but this can also not happen because the currency's are simply protected by banks and the government.
for now peoples believe bitcoin can't replace fiat because most of the payment by fiat such as the necessities of life and I'm sure most users bitcoin exchanging bitcoin them to their country's local currency (fiat)
Yes agree, I never thought that bitcoin is created to replace the fiat money. I am hope as now, easy to use, it could be accepted in many places or many countries and of course the prices always go up but not too significant, I think it's quite up 15% per year.Indeed it is not created for this but this can also not happen because the currency's are simply protected by banks and the government.
for now peoples believe bitcoin can't replace fiat because most of the payment by fiat such as the necessities of life and I'm sure most users bitcoin exchanging bitcoin them to their country's local currency (fiat)
Yes agree, I never thought that bitcoin is created to replace the fiat money. I am hope as now, easy to use, it could be accepted in many places or many countries and of course the prices always go up but not too significant, I think it's quite up 15% per year.Indeed it is not created for this but this can also not happen because the currency's are simply protected by banks and the government.
for now peoples believe bitcoin can't replace fiat because most of the payment by fiat such as the necessities of life and I'm sure most users bitcoin exchanging bitcoin them to their country's local currency (fiat)
Yes agree, I never thought that bitcoin is created to replace the fiat money. I am hope as now, easy to use, it could be accepted in many places or many countries and of course the prices always go up but not too significant, I think it's quite up 15% per year.Indeed it is not created for this but this can also not happen because the currency's are simply protected by banks and the government.
for now peoples believe bitcoin can't replace fiat because most of the payment by fiat such as the necessities of life and I'm sure most users bitcoin exchanging bitcoin them to their country's local currency (fiat)
Yes agree, I never thought that bitcoin is created to replace the fiat money. I am hope as now, easy to use, it could be accepted in many places or many countries and of course the prices always go up but not too significant, I think it's quite up 15% per year.Indeed it is not created for this but this can also not happen because the currency's are simply protected by banks and the government.
for now peoples believe bitcoin can't replace fiat because most of the payment by fiat such as the necessities of life and I'm sure most users bitcoin exchanging bitcoin them to their country's local currency (fiat)
Yes agree, I never thought that bitcoin is created to replace the fiat money. I am hope as now, easy to use, it could be accepted in many places or many countries and of course the prices always go up but not too significant, I think it's quite up 15% per year. Bitcoin is a very good thing to have as an asset. Just like gold. Even better if I may say. It's secure, and unlike fiat money it actually exists and work is put into it to produce it. This makes it great to store value.
However, it cannot and will not replace current fiat money that the entire world it using. It just cannot.
alright, the point is both bitcoin and fiat is not really secure. they have their own good side and bad side. however I agree with your statement. bitcoin will not change fiat totally, but in some cases we can buy stuff by bitcoin.
Well its laying at themselves, they can secure it by themselves and if they are not doing this on a right way you can get hacked indeed..
I agree its their own problem, they made the mistake and due to that they lose than their amount of bitcoin, if you have a offline wallet there cannot happen a lot.
for now peoples believe bitcoin can't replace fiat because most of the payment by fiat such as the necessities of life and I'm sure most users bitcoin exchanging bitcoin them to their country's local currency (fiat)
And even in the future, it will still be the same. Bitcoin won't replace fiat in any way, it is just a dream that in where we are standing our government would let a foreign currency dominate their own money. We could see mainstream use of bitcoin in the future, but that isn't enough to make it more appealing to the leaders to give up their fiat.
Bitcoin is a very good thing to have as an asset. Just like gold. Even better if I may say. It's secure, and unlike fiat money it actually exists and work is put into it to produce it. This makes it great to store value.
However, it cannot and will not replace current fiat money that the entire world it using. It just cannot.
alright, the point is both bitcoin and fiat is not really secure. they have their own good side and bad side. however I agree with your statement. bitcoin will not change fiat totally, but in some cases we can buy stuff by bitcoin.
Well its laying at themselves, they can secure it by themselves and if they are not doing this on a right way you can get hacked indeed..
Bitcoin is a very good thing to have as an asset. Just like gold. Even better if I may say. It's secure, and unlike fiat money it actually exists and work is put into it to produce it. This makes it great to store value.
However, it cannot and will not replace current fiat money that the entire world it using. It just cannot.
alright, the point is both bitcoin and fiat is not really secure. they have their own good side and bad side. however I agree with your statement. bitcoin will not change fiat totally, but in some cases we can buy stuff by bitcoin.
I don't understand here, bitcoin is secure as fuck, what do you mean by "we saw how many people got hacked"?
You're talking about scams or hacks of gambling sites?
Because here it's not the btc security which is at stake but the security of privately owned website! It's like saying that btc isn't safe because of the numerous scams, that's two different things! You have perfectly safe and secure ways of using btc but some people don't really care about security so they put their money on risky sites, scams or with very low security measures (like not allowing 2FA just because they don't find it pratical).
for now peoples believe bitcoin can't replace fiat because most of the payment by fiat such as the necessities of life and I'm sure most users bitcoin exchanging bitcoin them to their country's local currency (fiat)
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