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Topic: Do you Still believe in Fiat? (Read 75171 times)

jr. member
Activity: 280
Merit: 2
May 01, 2018, 09:31:14 PM
Yes it helps to buy coins Wink
Yes, we cannot invest here in this crypto world if we do not have fiat money. In addition, how can we survive if there is ni fiat money. We cannot use crypto currency in all things though. We still need to convert crypto to fiat.
member
Activity: 714
Merit: 11
BountyMarketCap
May 01, 2018, 09:22:42 PM
still
fiat is still used to buy daily necessities, because it is not possible to buy everything with bitcoin. because not all needs are purchased online.
member
Activity: 364
Merit: 10
May 01, 2018, 09:16:44 PM
Look at the value of bitcoin now, what we are seeing is the value in fiat so if there's no fiat how are we gonna determine bitcoin. Everything we do in terms of transaction, we need to finally convert it to fiat to make use of it in the real world.Whatever our reasons we still stock with the reality that bitcoin will be useless without fiat
jr. member
Activity: 105
Merit: 1
May 01, 2018, 08:19:14 PM
the answer is obvious , if u never got into the

property cycle or dont have the uber high paying

job or welfare Queen status with Gov supplied housing

or lastly deal drugs,

u would hate Fiat to the  core!

the endless print cycle is a joke  Cheesy


Well you don't need to believe in fait that much it works on it's own and stay steadily as it is.. and faith will always have it's value every now and then.. faith is one of the best financial services in crypto currencies..
sr. member
Activity: 1512
Merit: 326
May 01, 2018, 06:53:27 PM
I just love the concept and the ease with which it is compared to how promising it is or not.
perhaps for easy transaction and clear count it can greatly assist in providing financial management.
newbie
Activity: 154
Merit: 0
May 01, 2018, 06:46:19 PM
There are no steps and actions to do any changes so I do not beilive I am pretty sure that everything stays as is.
full member
Activity: 378
Merit: 100
May 01, 2018, 06:35:29 PM
I still do believe in fiat thats being part of our daily life, daily needs. Its difficult to live without this as this is our form of currency to buy goods just to survive. Though bitcoin is currently being used as currency, I beleived it has a brighter future.
Off course yes, i am still believing in fiat because all people in this world needs fiat to survive in this world, and even a lot of cryptocurrency is becaming popular i dont think that fiat will be replace by digital currency now, and i am sure fiat will still exist in this world for more than 50 years.
newbie
Activity: 196
Merit: 0
May 01, 2018, 06:22:22 PM
Do you Still believe in Fiat?

Do you still believe in cryptocurrencies? =)
Fiat will always have a value for many people, not devoted to the crypto
full member
Activity: 462
Merit: 101
May 01, 2018, 06:05:02 PM
Fiat is one that has provided the best financial services for all our needs.But bitcoin is not less popular, And I will be more confident that bitcoin will be better for the future.And I believe more in bitcoin.
yes bitcoin will soon shift the fiat possibilities because bitcoin is very universal and not centered to anyone, so every bitcoin will belong to someone and the benefits of bitcoin are still many that can outperform the fiat
jr. member
Activity: 644
Merit: 1
May 01, 2018, 03:57:57 PM
The fact is that as long as I live and provide myself with the help of fiat money I believe in them. In my country I can't pay for purchases with cryptocurrency, so, in any case, I need to change it to Fiat. That is, without it in any way. If something changes in the future I'll be just glad.
full member
Activity: 168
Merit: 104
May 01, 2018, 02:09:40 PM
It's very informative what you're writing about. Economics tells you a low and stable inflation is needed for healthy growth, which is not the case for all countries. I think, however, fiat money will exist in the same way as paper letters are still needed today in public institutions.
newbie
Activity: 164
Merit: 0
May 01, 2018, 01:53:20 PM
I still believe in French money, although people are worried about inflation, but the economy without moderate inflation is unhealthy, and that is why people are looking for the way to keep their assets.
member
Activity: 215
Merit: 21
May 01, 2018, 01:40:03 PM
I use it, but i dont belive it, since i lost half of my money several years ago, when inflation came, and our government accused of falling oil prices, so my salary became x2 less since, and prices went up, so i hope with crypto currencies the world will be fairer
member
Activity: 224
Merit: 10
May 01, 2018, 01:37:07 PM
Fiat will always remain as useful as it was. Bitcoin isn't accepted in most places today. Maybe there are some places that are accepting it right now, but I think they are just using the name of bitcoins in order to promote their business.
full member
Activity: 528
Merit: 100
May 01, 2018, 01:10:31 PM
the answer is obvious , if u never got into the

property cycle or dont have the uber high paying

job or welfare Queen status with Gov supplied housing

or lastly deal drugs,

u would hate Fiat to the  core!

the endless print cycle is a joke  Cheesy

Fiat currency is doing important role in our economy. It can be disappear because our economy will be disaster. Most of the citizens are still prefer to use fiat currency than virtual currency because of the importance of the fiat currency.
member
Activity: 294
Merit: 10
May 01, 2018, 12:49:16 PM
the answer is obvious , if u never got into the

property cycle or dont have the uber high paying

job or welfare Queen status with Gov supplied housing

or lastly deal drugs,

u would hate Fiat to the  core!

the endless print cycle is a joke  Cheesy


Fiat is just a simple cash and nothing more important, earning fiat means working on the corporate world, the only problem is that, the salary is very low and there are a lot of people who cant even sustain their daily needs because of that.
newbie
Activity: 308
Merit: 0
May 01, 2018, 12:47:39 PM
You do not need to believe in fiat, it exists and it works for daily transactions. Just use it in the present tense.
full member
Activity: 406
Merit: 121
May 01, 2018, 12:43:24 PM
I hate Fiat but have to use because we are stacked by governments to use it.Gold and silver have special trust characteristics.gold especially so. Currency backed by gold and silver hasn't experienced the same severe swings in value. Swings in a fiat currency's value come from the ease in which governments can create money to pay for programs and other debts
full member
Activity: 504
Merit: 102
May 01, 2018, 12:28:04 PM
the answer is obvious , if u never got into the

property cycle or dont have the uber high paying

job or welfare Queen status with Gov supplied housing

or lastly deal drugs,

u would hate Fiat to the  core!

the endless print cycle is a joke  Cheesy


Of course, since we are still using FIAT to buy all the things we need for our daily lives for now.
hero member
Activity: 770
Merit: 501
May 01, 2018, 12:24:28 PM
I would not say that here we are talking about faith. Traditional financial institutions need to be reformed and it can be done on the basis of crypto. The problem lies in the fact that people have habits including financial ones formed for many generations. Crypto contradicts all their past financial experience and people need time to get used to it.
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