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Topic: Bitcoin defeating fiat is very unlikely - page 3. (Read 3609 times)

hero member
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My goal is becaming a billionaire.
December 06, 2014, 01:20:11 AM
#13
I personally don't think that bitcoin will defeat FIAT . at least not for the next couple of years.
It's all about what it came "first" . just an example "Bitcoin" is the first cryptoo currency => the most used. and not the other Altcoins it's the same on this case for Fiat money , Fiat money exist for thousands of years.
hero member
Activity: 812
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December 06, 2014, 12:36:24 AM
#12
I don't understand why one defeating the other is necessary. I think bitcoin and fiat can and will co-exist. Which will be used by majority in future? remains to be seen.
legendary
Activity: 4410
Merit: 4766
December 06, 2014, 12:11:38 AM
#11
Bitcoin is not going to defete fiat anytime in the nea future.
How many years have we been hearing from the banks now that soon we will be living in a cashless socity, living only on there jacked up fees plastic cards.
But the are other ways, the banks have been laying the ground work on this cashless system for years now and they will probably come close to suceeding , some cash will always be needed.
I have seen a log of good work with things like bitcoin debit cards, one interesting company bitsim also looks good.
If people want cashless cards then just offer that with bitcoin.

Dont need to compete with fiat cash, only fake money, high fee plastic cards.


bitcoin wont defeat anything. its just code. it just sits there doing whatit should, .. and that is being a secure ledger system.
it hold no power to arrest anyone, it has no powers to shut down business or government.. its just code.. but the one thing is for sure, its alot better than fiat and as such peoples freedoms and choices will be where the defeat happens. people will move to bitcoin
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
December 05, 2014, 11:55:53 PM
#10
not many people actually think that bitcoin will defeat FIAT.

FIAT is nearly dead all by itself, leaving people to voluntarily move over to bitcoin. without bitcoin even having to try defeating fiat

lol this is the first thing Franky has said that I agree with in a long time :-)

why are you posting, you filthy scammer?

https://bitcointalksearch.org/topic/moriarty-must-be-stopped-blow-up-his-email-need-hackers-help-scams-everyone-820203
hero member
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December 05, 2014, 11:51:09 PM
#9
not many people actually think that bitcoin will defeat FIAT.

FIAT is nearly dead all by itself, leaving people to voluntarily move over to bitcoin. without bitcoin even having to try defeating fiat

That's how I see it, fiat is the Titanic steaming full ahead into the icefield, bitcoin is the lifeboat.
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
December 05, 2014, 10:27:12 PM
#8
Bitcoin is not going to defete fiat anytime in the nea future.
How many years have we been hearing from the banks now that soon we will be living in a cashless socity, living only on there jacked up fees plastic cards.
But the are other ways, the banks have been laying the ground work on this cashless system for years now and they will probably come close to suceeding , some cash will always be needed.
I have seen a log of good work with things like bitcoin debit cards, one interesting company bitsim also looks good.
If people want cashless cards then just offer that with bitcoin.

Dont need to compete with fiat cash, only fake money, high fee plastic cards.
legendary
Activity: 1120
Merit: 1000
December 05, 2014, 10:12:14 PM
#7
it is logical because bitcoin is not done for everybody, there are some people that doesn't even know to run a computer,so they could not use bitcoin
hero member
Activity: 714
Merit: 503
December 05, 2014, 09:56:55 PM
#6
it is obviously impossible that bitcoin defeats fiat,but I think that is not the objective of bitcoin, I think they are both done to live together
Q7
sr. member
Activity: 448
Merit: 250
December 05, 2014, 09:54:34 PM
#5
I have to read your statement twice to realize that the word in your title is "unlikely" rather than the opposite. And it seem that you have a very unique view on how regulations can actually work to curtail and limit bitcoin usage. My question is, is there a way to actually ban the internet?
legendary
Activity: 1078
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100 satoshis -> ISO code
December 05, 2014, 09:26:04 PM
#4
not many people actually think that bitcoin will defeat FIAT.

FIAT is nearly dead all by itself, leaving people to voluntarily move over to bitcoin. without bitcoin even having to try defeating fiat

Indeed.
Let's keep this simple. The one on the right is FIAT.

hero member
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December 05, 2014, 09:22:17 PM
#3
not many people actually think that bitcoin will defeat FIAT.

FIAT is nearly dead all by itself, leaving people to voluntarily move over to bitcoin. without bitcoin even having to try defeating fiat

lol this is the first thing Franky has said that I agree with in a long time :-)
legendary
Activity: 4410
Merit: 4766
December 05, 2014, 08:46:52 PM
#2
not many people actually think that bitcoin will defeat FIAT.

FIAT is nearly dead all by itself, leaving people to voluntarily move over to bitcoin. without bitcoin even having to try defeating fiat
full member
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