Lately, as the development of the world's cryptocurrency, many people in certain countries after hearing the news that cryptocurrency is very attractive to be used as a tool of transactions and investments, making people who hear the news want to quickly switch to the currency crryptocurrency is when in their country eyes the money is still considered and illegal. The question is, why are those people more interested in cryptocurrency when their country already has official Flat currency and why also the government forbids the cryptocurrency? In my opinion, it would be great if the two currencies are combined only. Of course the result will be very good. Well, what do you think?
combined with local currency I think it takes time and a long and complicated process whereas in my country bitcoin is prohibited by government for direct buying and selling transactions whether it is possible to combine 
Topic: Combining Bitcoin and flat currency, is it possible? - page 4. (Read 447 times)
You could even create a cryptocurrency pegged to fiat currency like Tether is. Also guys it is FIAT currency not FLAT currency.
They can co-exist together but eventually, Bitcoin will take over the fiat as world economy goes crypto.
It would be great if flat money and cryptocurrency could get along with each other. Many people in certain countries are becoming very much interested to use cryptocurrency as a tool for investment and transactions as it is found very attractive for them. So it would be great if both the currencies are combined together. Hopefully it will provide a great result.
What makes people interested in bitcoin is its high price and the price can change drastically in just a moment, it will make them gain many benefits from bitcoin investing. Bitcoin is prohibited by the government because in bitcoin there is no institution that shelter it, so no party is responsible for the existence of bitcoin.
Many people interested in crypto because the value for investment, not many people too fond of crypto because of its volatility, if it want to be combined it need to be regulated, because if too many people used crypto and the government not set any regulation then it can caused inflation and tax evasion, which will bad for the country
Lately, as the development of the world's cryptocurrency, many people in certain countries after hearing the news that cryptocurrency is very attractive to be used as a tool of transactions and investments,
so far only bitcoin has been a currency and a "tool for transactions". the rest are purely treated as investments.Quote
making people who hear the news want to quickly switch to the currency crryptocurrency is
not really. last year we had a lot of hype and that meant many people heard about cryptocurrencies but t hat doesn't mean they rushed to invest in them. some of them did but many stayed away because they are still afraid of them for good reasons. and many only invested in bitcoin not others.Quote
when in their country eyes the money is still considered and illegal.
wrong. bitcoin and by extension the rest are legal in majority of the world. in fact it is only "illegal" in less than 5% of the world.Quote
The question is, why are those people more interested in cryptocurrency when their country already has official Flat currency and why also the government forbids the cryptocurrency? In my opinion, it would be great if the two currencies are combined only. Of course the result will be very good. Well, what do you think?
as I said they are not illegal and also people aren't using them as currencies, they are using them as investment, conversely as some illusion of becoming rich if they buy X and Y.
Yes, I think the same about you. Bitcoin and Flat currencies if combined can make the economy increase. Perhaps, the world's economists in a country, have other considerations of course. Yes, yes, yes, it could be so. he.
Both bitcoin and fiat can co-exist. Fiat doesn't need to die for bitcoin to be useful.
Though I don't think you can actually "combine" bitcoin and fiat(actually kinda impossible), due to both being very conflicting to each other(obviously).
Though I don't think you can actually "combine" bitcoin and fiat(actually kinda impossible), due to both being very conflicting to each other(obviously).
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Of course it would be good if FIAT and crypto could get along but those worlds are opposed in nature. The reason they are interested in crypto could be varied but it is likely to free themselves from the fiat system as it currently stands.
Lately, as the development of the world's cryptocurrency, many people in certain countries after hearing the news that cryptocurrency is very attractive to be used as a tool of transactions and investments, making people who hear the news want to quickly switch to the currency crryptocurrency is when in their country eyes the money is still considered and illegal. The question is, why are those people more interested in cryptocurrency when their country already has official Flat currency and why also the government forbids the cryptocurrency? In my opinion, it would be great if the two currencies are combined only. Of course the result will be very good. Well, what do you think?
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