Do you prefer bitcoin, FIAT money or other? - page 4.

Jace

sr. member

Activity: 288

Merit: 251

Quote from: Immortal Tech on March 31, 2015, 07:09:32 AM

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 Wink

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.

vrm86

hero member

Activity: 676

Merit: 500

For general purposes I prefer fiat money at the moment, because of high bitcoin volatility. I can't be sure if I should spend BTC now or in 1, 2, 7 days...
Also, there are not so many goods available online that I can buy with BTC, that would be shipped at reasonable cost.

Immortal Tech

newbie

Activity: 31

Merit: 0

I think both have their positives and negatives so I like both. I think they both can work alongside each other too. Bitcoins are good as more of a universal currency so when abroad you don't have to worry about exchnage rates or exorbitant fees to withdraw money, but cash is still king if you want to make a quick purchase for a soda or some candy or something.

Jace

sr. member

Activity: 288

Merit: 251

Quote from: bryant.coleman on March 31, 2015, 06:12:18 AM

I am almost losing my faith in Bitcoin. If the exchange hacks and wallet robberies continue like this, then Bitcoin may never go mainstream.

Exchange hacks and wallet robberies are nothing compared to the scams, lies, cheating, corruption and fraud that banks pull off every single day as part of their regular business.

Sometimes, when you think about it, it's hard to believe that fiat money is still mainstream.

dinda22

legendary

Activity: 1232

Merit: 1000

because I like shopping online, so I prefer bitcoin because it is very simple and easy transaction

bryant.coleman

legendary

Activity: 3766

Merit: 1217

I am almost losing my faith in Bitcoin. If the exchange hacks and wallet robberies continue like this, then Bitcoin may never go mainstream.

Jace

sr. member

Activity: 288

Merit: 251

100% Bitcoin, why:

independent of banks, governments or other middle men
fair, honest, decentralized money
"they" (regardless of who "they" is) can't steal or freeze or block my account
anonymous (to certain extent, at least I don't have to identify and shit)
unrestricted, no region or country or other bullshit limitations
extremely fast
extremely easy
extremely secure
extremely cheap
extremely efficient
no elite who has the exclusive privilege of creating money by the trillions of out thin air
gives me 100% control of whatever the hell I prefer to do with MY money

Amph

legendary

Activity: 3248

Merit: 1070

bitcoin of course

the main reason it's because of its decentralization, i want to have always full control about my money

also i don't trust bank at all, they with your money all the time

Vhawk23

full member

Activity: 153

Merit: 101

For me it's Bitcoins
It's the Bitcoins... Do i really to tell you about it?

Okay then, it's a future currency (even the price is kinda low right now)
And, they're untraceable, and anyone can use it(include students)
So which means students can learn about currencies(or to be specific cryptocurrency) Wink

redsn0w

legendary

Activity: 1778

Merit: 1043

#Free market

Quote from: calme on March 31, 2015, 04:36:25 AM

for balance, maybe conduct the same poll on a general site about money/investing. see if they're okay with having fiat.

I am not registered in other forums, maybe you can open this poll on other forums and after give me the links so I can add them to the post.

Quote from: arlekyn13 on March 31, 2015, 04:38:04 AM

That's a weird question to ask, don't think we are anywhere close to moment when we would be forced to choose between bitcoin or fiat. Both can co-exist and they probably will for a long time. Besides, the choice is not ours to make, it'd belong to governs and we know very well governs serve a lot more than masses interests

Thanks for your post, I have added this line : [1] Only an hypothetical case. I think they can co-exist but the discussion is about if you are forced to choose between bitcoin and fiat oney what will you choose? However I think at one cert point the two things can't exist at the same time, a sort of fight between decentralization and centralization.

arlekyn13

sr. member

Activity: 288

Merit: 250

That's a weird question to ask, don't think we are anywhere close to moment when we would be forced to choose between bitcoin or fiat. Both can co-exist and they probably will for a long time. Besides, the choice is not ours to make, it'd belong to governs and we know very well governs serve a lot more than masses interests

calme

sr. member

Activity: 392

Merit: 250

for balance, maybe conduct the same poll on a general site about money/investing. see if they're okay with having fiat.

redsn0w

legendary

Activity: 1778

Merit: 1043

#Free market

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.

Topic: Do you prefer bitcoin, FIAT money or other? - page 4. (Read 2578 times)