For online activities, buying stuff, sending money, receiving money, it is 100% Bitcoin for me. In fact, it is the only option I use online
Topic: Do you prefer bitcoin, FIAT money or other? - page 2. (Read 2578 times)
It's a mix for me. In my country there is barely anything you can do or buy with Bitcoin. From that point I prefer fiat.
For online activities, buying stuff, sending money, receiving money, it is 100% Bitcoin for me. In fact, it is the only option I use online
For online activities, buying stuff, sending money, receiving money, it is 100% Bitcoin for me. In fact, it is the only option I use online
As somebody said, bitcoin is FIAT money.
So this question is somewhat irrelevant.
Anyway, I prefer bitcoin's ease of use and FIAT acceptability/stability.
Something like BTC but based e.g. on gold would be ideal.
So this question is somewhat irrelevant.
Anyway, I prefer bitcoin's ease of use and FIAT acceptability/stability.
Something like BTC but based e.g. on gold would be ideal.
No you are wrong :
Fiat money is currency which derives its value from government regulation or law. The term derives from the Latin fiat ("let it be done", "it shall be").[1] It differs from commodity money and representative money. Commodity money is based on a good, often a precious metal such as gold or silver, which has uses other than as a medium of exchange, while representative money is a claim on the commodity rather than the actual good.[2][3][4]
The first use of fiat money was recorded in China around 1000 AD. Since then, it has been used continuously by various countries, concurrently with commodity currencies.
http://en.wikipedia.org/wiki/Fiat_money
As somebody said, bitcoin is FIAT money.
So this question is somewhat irrelevant.
Anyway, I prefer bitcoin's ease of use and FIAT acceptability/stability.
Something like BTC but based e.g. on gold would be ideal.
So this question is somewhat irrelevant.
Anyway, I prefer bitcoin's ease of use and FIAT acceptability/stability.
Something like BTC but based e.g. on gold would be ideal.
but cash is still king if you want to make a quick purchase for a soda or some candy or something.
You obviously have never been in Arnhem (The Netherlands), Bitcoin Capital of the World 
You'd be surprised how easy it is to do a quick purchase with Bitcoin here, with 60+ local merchants (including supermarket and various food shops) accepting Bitcoin.
Irrelevant. Still not quicker than handing over the exact money in fiat. There's also not that much you can buy there nor would I be able to buy much at all with it in Amsterdam so a few niche shops that accept it in a small area isn't that great.
Much to my amazement about that country, still it isn't that efficient to use bitcoins solely to purchase what you want if ever you were in The Netherlands. Not all the merchants and stores in that country accept bitcoin, so fiat still remain king in the current times when it comes to purchasing goods and services (over the counter purchases, that is.)
I prefer fiat right now, though that may change in the future. I am a realist and live in reality... not the land of whimsy and emotion. Fiat is legal tender and we could not survive without it under current laws. Even if you attempt to live on only Bitcoin, those you do business with must convert it to fiat and use fiat to buy products and services and pay taxes along the way. Because of existing laws, you can't "live on Bitcoin." Until governments start accepting Bitcoin for taxes, fiat will rule. That said, I see a bright future for Bitcoin.
Thanks for your fantastic reply, and what if I told you "revolution". If we hypothesize that all the people of a country will stop to pay tax because they hate FIAT money... what do you think will happen? I would like to remind you of what revolution means :
- the usually violent attempt by many people to end the rule of one government and start a new one
- a sudden, extreme, or complete change in the way people live, work, etc.
- the action of moving around something in a path that is similar to a circle
Source : http://www.merriam-webster.com/dictionary/revolution
I prefer fiat right now, though that may change in the future. I am a realist and live in reality... not the land of whimsy and emotion. Fiat is legal tender and we could not survive without it under current laws. Even if you attempt to live on only Bitcoin, those you do business with must convert it to fiat and use fiat to buy products and services and pay taxes along the way. Because of existing laws, you can't "live on Bitcoin." Until governments start accepting Bitcoin for taxes, fiat will rule. That said, I see a bright future for Bitcoin.
Wow. Never knew a country where merchants accept bitcoin as it is. If only I have BTCBTC to spend, I would definitely include the Netherlands on my list of places that I want to visit. 
Highly recommended Although I have to be honest: Arnhem is still an exception here. It's definitely not everywhere like this.Quote
Question, do you think I could survive a week in there with only BTCBTC on hand and never do a even a single transaction with fiat?
Oh yes, definitely. Easy!Only fiat transaction you might have to do, is with a Bitcoin ATM, to buy more bitcoins
I don't have a choice. I will choose both. Hihihihi !
I hold my crypto money in CLAM because it gains interest and I can gamble with it if the markets rock n roll to hard.
Use Bitcoin to cash out because there are more people in like to throw fiat at it this moment than anything else.
Fiat to eat.
I try to use cryptos as much as I can every day buying random shit and paying random bounties.
Use Bitcoin to cash out because there are more people in like to throw fiat at it this moment than anything else.
Fiat to eat.
I try to use cryptos as much as I can every day buying random shit and paying random bounties.
Gotta use what is current, thus why it's called currency. That doesn't mean Bitcoin won't become common currency one day, it's just not current today. I gotta eat.
Hey guys,
I've decided to open this thread for ask you now if you are forced to choose between bitcoin and FIAT money (eur, usd, yen, etc...) [1].
What will you choose?[2]
[1] Only an hypothetical case.
[2] With all the flaws and strengths of the two option.
I've decided to open this thread for ask you now if you are forced to choose between bitcoin and FIAT money (eur, usd, yen, etc...) [1].
What will you choose?[2]
[1] Only an hypothetical case.
[2] With all the flaws and strengths of the two option.
I feel like a dirty scumbag using fiat so i would like to use bitcoin all the time but just not possible yet. There isnt really a debate the gov and banks having control ends up with a less productive system even if their intentions were originally pure.
I prefer bitcoins, because I like gambling and poker.
You know we don't need utility bills and ID verification to withdraw btc in a btc casino and poker house. That's very convenient for us, the gamblers.
And many casinos have instant withdrawal and low fees(even 0 fee), much better than fiat casinos' slow, high fee withdrawals.
You know we don't need utility bills and ID verification to withdraw btc in a btc casino and poker house. That's very convenient for us, the gamblers.
And many casinos have instant withdrawal and low fees(even 0 fee), much better than fiat casinos' slow, high fee withdrawals.
Fiat is great but anyway I prefer Bitcoin
I will spend fiat money to buy daily products and use bitcoin to transfer to others.
Anything bring me benefit , I'll like . LOL .
I voted for other, because I will choose gold instead of bitcoin or FIAT.
And later, when you want to sell your gold have to find a jeweler or someone who will know what he's buying. Most people won't pay you enough for your gold because they won't know its true value.Check out the video: https://www.youtube.com/watch?v=ndshbH3qZ6Y
I wish there was an easy way to turn a set amount of bitcoin into a solid object like a 3D printed block you could drop in your pocket that wouldn't decay over time like some memory sticks. We need a easy way to convert bitcoins into and out of solid, cheap, tamper proof tokens like the chips you see in a casino. Not just move the coins from a wallet to a token but do it in a way that the coins can not be copied only transmitted to a new account and void the coin in some visible way, like changing color or shape. Maybe in the distant future?
If we're talking now then it's gotta be fiat unfortunately. I'm in the UK and it's a pitiful scene compared to the US or swathes of Europe. It just wouldn't be possible to function using crypto only.
I voted for other, because I will choose gold instead of bitcoin or FIAT.
Hey guys,
I've decided to open this thread for ask you now if you are forced to choose between bitcoin and FIAT money (eur, usd, yen, etc...) [1].
What will you choose?[2]
[1] Only an hypothetical case.
[2] With all the flaws and strengths of the two option.
I've decided to open this thread for ask you now if you are forced to choose between bitcoin and FIAT money (eur, usd, yen, etc...) [1].
What will you choose?[2]
[1] Only an hypothetical case.
[2] With all the flaws and strengths of the two option.
That's a hard question to answer because it would depend on the circumstances.
In today's circumstances, if I had to just chose now - sadly I would chose Fiat only because in todays circumstances I would find it hard to manuver in the world using only bitcoin.
Would I prefer that? Nope. I hate fiat. I love bitcoin. I would rather depend on bitcoin and use bitcoin. So many times a day I say out loud "god this would be so much easier if XXXXXXXX just accepted bitcoin".
So, today, if I were forced: I would chose fiat only because I don't think I personally could survive in bitcoin (rent, bills, food, etc).
If the circumstances were different - I would chose bitcoin.
If I had the power to snap my fingers and chose which currency the entire world would use from this moment from now on....I would snap my fingers and change all the worlds fiat to bitcoin in a heartbeat.
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