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Topic: Do you Still believe in Fiat? - page 13. (Read 75146 times)

copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
February 10, 2017, 11:32:08 AM
fiat or physical money can not be removed on people's life everyday, it is an essential in everyday living so, there's no space for the question, do you still believe in fiat? bitcoin becoming popular together with other crypto but still fiat is a basic tools for men for buying everything he desired.
legendary
Activity: 1218
Merit: 1000
February 10, 2017, 11:27:33 AM
Yes, I still believe in fiat because why not? Our world is being supported by fiat. So if there is no fiat then our world will be like the old days that just doing barter because we don't have money to use to buy things that we want. But i believed that someday, bitcoin will be one of the popular currency that we were going to use and it will be huge help for the bitcoin community.
yes still we do not have any option. Fiat is the basic for leading a good and standard life. although bitcoin is the next growing online currency, but still it cannot take the fiat place. it cannot over fiat. and we cannot totally depend on bitcoin for living, as bitcoin still cannot fulfill all our needs that fiat can do. may be in future when the number of bitcoin users will increase it can contribute a little more but currency we are depending on fiat.
True,we dont have any options to take but to believe strongly on fiat because its the most common needed for us to survive because without fiat then we cant buy anything we need in order to survive and as you said we cant live by only using bitcoin and we need fiat in able to use it on daily basis.
The current economy is too tied to fiat, just go and give it too difficult, if not impossible, Bitcoin is a good alternative. In Japan, after a few months of Bitcoin is a legal means of payment.
Very difficult to alienate the fiat from lives of many people, everyone needs a fiat. Fiat is still believed by many people this time and I think it will continue to be trusted until whenever. You right bitcoin is a good alternative, but although bitcoin has been used as legal payment in some countries but fiat are still used. I think both will co-exist in the future.
hero member
Activity: 826
Merit: 502
February 10, 2017, 10:53:15 AM
Make sense everyone, we really do believe in fiat, as above stated, it is a fundamental thing to do, you know what, without this coins or bill in our pocket we are nothing, say no and tell me where you came from, we cannot deny the fact that in every move we make we really need to use money or our own currency, we cycled our lives to fiat. And in our own money we can say that our life will stable with that unlike having bitcoin in our wallet, we do not know when it will rises up or crashes down. Crypto currencies is just one way to earn money from it, but still needed to be converted to fiat to be useful in our real markets.



Not true. The money was made because of our ideas. Well, everything in the world are here because of the idea of the human kind and most of them are made for the betterment of the society but that's beside the point. Back then, we don't have any coins at all. We don't have bills in our pockets, I doubt that we even had pockets back then. We used to trade meat, herbs, and livestock back then but we sure were "something" and not nothing. Money is just one of the things that we invented to level up our lifestyle.

After building up towns, houses, etc. The society has become developed enough to travel from one land to another and export/import products. And so we started to use coins as a measure of payment.
legendary
Activity: 1078
Merit: 1000
February 10, 2017, 08:10:59 AM
Yes, I still believe in fiat because why not? Our world is being supported by fiat. So if there is no fiat then our world will be like the old days that just doing barter because we don't have money to use to buy things that we want. But i believed that someday, bitcoin will be one of the popular currency that we were going to use and it will be huge help for the bitcoin community.
yes still we do not have any option. Fiat is the basic for leading a good and standard life. although bitcoin is the next growing online currency, but still it cannot take the fiat place. it cannot over fiat. and we cannot totally depend on bitcoin for living, as bitcoin still cannot fulfill all our needs that fiat can do. may be in future when the number of bitcoin users will increase it can contribute a little more but currency we are depending on fiat.
True,we dont have any options to take but to believe strongly on fiat because its the most common needed for us to survive because without fiat then we cant buy anything we need in order to survive and as you said we cant live by only using bitcoin and we need fiat in able to use it on daily basis.

Yes for now it is really great to believe and hold fiat as much as possible because it is stil valuable but we never know how long this will hold on. Just because bitcoin come in and try to blend in our lives does not mean fiat is not use. May be for a couple of years this is going to be a big battle between bitcoin and fiat
legendary
Activity: 1330
Merit: 1007
February 10, 2017, 03:25:40 AM
Yes, I still believe in fiat because why not? Our world is being supported by fiat. So if there is no fiat then our world will be like the old days that just doing barter because we don't have money to use to buy things that we want. But i believed that someday, bitcoin will be one of the popular currency that we were going to use and it will be huge help for the bitcoin community.
yes still we do not have any option. Fiat is the basic for leading a good and standard life. although bitcoin is the next growing online currency, but still it cannot take the fiat place. it cannot over fiat. and we cannot totally depend on bitcoin for living, as bitcoin still cannot fulfill all our needs that fiat can do. may be in future when the number of bitcoin users will increase it can contribute a little more but currency we are depending on fiat.
True,we dont have any options to take but to believe strongly on fiat because its the most common needed for us to survive because without fiat then we cant buy anything we need in order to survive and as you said we cant live by only using bitcoin and we need fiat in able to use it on daily basis.
The current economy is too tied to fiat, just go and give it too difficult, if not impossible, Bitcoin is a good alternative. In Japan, after a few months of Bitcoin is a legal means of payment.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
February 10, 2017, 03:02:59 AM
Yes, I still believe in fiat because why not? Our world is being supported by fiat. So if there is no fiat then our world will be like the old days that just doing barter because we don't have money to use to buy things that we want. But i believed that someday, bitcoin will be one of the popular currency that we were going to use and it will be huge help for the bitcoin community.
yes still we do not have any option. Fiat is the basic for leading a good and standard life. although bitcoin is the next growing online currency, but still it cannot take the fiat place. it cannot over fiat. and we cannot totally depend on bitcoin for living, as bitcoin still cannot fulfill all our needs that fiat can do. may be in future when the number of bitcoin users will increase it can contribute a little more but currency we are depending on fiat.
True,we dont have any options to take but to believe strongly on fiat because its the most common needed for us to survive because without fiat then we cant buy anything we need in order to survive and as you said we cant live by only using bitcoin and we need fiat in able to use it on daily basis.
legendary
Activity: 2674
Merit: 1048
February 10, 2017, 02:57:46 AM
Make sense everyone, we really do believe in fiat, as above stated, it is a fundamental thing to do, you know what, without this coins or bill in our pocket we are nothing, say no and tell me where you came from, we cannot deny the fact that in every move we make we really need to use money or our own currency, we cycled our lives to fiat. And in our own money we can say that our life will stable with that unlike having bitcoin in our wallet, we do not know when it will rises up or crashes down. Crypto currencies is just one way to earn money from it, but still needed to be converted to fiat to be useful in our real markets.


well if you say so then actually it is up to you on how you treat bitcoin , a lot of people still believe that bitcoin are really a revolution of money , future of money that can be used in real life as dollar right now , it is just the matter of time.

but of course there is a long proccess and for now we have no reason to not trust fiat , as we still need it for daily life.
sr. member
Activity: 462
Merit: 250
February 10, 2017, 02:41:01 AM
Yes, I still believe in fiat because why not? Our world is being supported by fiat. So if there is no fiat then our world will be like the old days that just doing barter because we don't have money to use to buy things that we want. But i believed that someday, bitcoin will be one of the popular currency that we were going to use and it will be huge help for the bitcoin community.
yes still we do not have any option. Fiat is the basic for leading a good and standard life. although bitcoin is the next growing online currency, but still it cannot take the fiat place. it cannot over fiat. and we cannot totally depend on bitcoin for living, as bitcoin still cannot fulfill all our needs that fiat can do. may be in future when the number of bitcoin users will increase it can contribute a little more but currency we are depending on fiat.
legendary
Activity: 2562
Merit: 1441
February 09, 2017, 06:28:02 PM
If it is true that valuation of fiat is a mirror reflection of the trust and faith the public has in the leadership of nations who issue fiat.

Given the rise of extremism in the world, it could be said faith in fiat is decreasing.

People generally turn to extremism when they feel abandoned by politics and economics and their faith in those institutions diminishes.

The rise of extremism could be considered a lack of faith in government, in our leaders and society.

That lack of faith in government and world leaders could translate to a lack of faith in fiat.

If faith in governments and fiat decreases enough, eventually people will have more faith in crypto than fiat.

Maybe the valuation of alt coins could rise significantly then?
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
February 09, 2017, 03:43:06 PM
Yes, I still believe in fiat because why not? Our world is being supported by fiat. So if there is no fiat then our world will be like the old days that just doing barter because we don't have money to use to buy things that we want. But i believed that someday, bitcoin will be one of the popular currency that we were going to use and it will be huge help for the bitcoin community.
full member
Activity: 210
Merit: 100
February 09, 2017, 03:39:34 PM
Make sense everyone, we really do believe in fiat, as above stated, it is a fundamental thing to do, you know what, without this coins or bill in our pocket we are nothing, say no and tell me where you came from, we cannot deny the fact that in every move we make we really need to use money or our own currency, we cycled our lives to fiat. And in our own money we can say that our life will stable with that unlike having bitcoin in our wallet, we do not know when it will rises up or crashes down. Crypto currencies is just one way to earn money from it, but still needed to be converted to fiat to be useful in our real markets.

hero member
Activity: 798
Merit: 503
February 09, 2017, 03:06:29 PM
Yes i still believe in fiat. Fiat connected to bank, bank facilitate between investor, goverment, buyer and seller. and bank protect us if any illegal activity happen. For me, cryptocurrency just for additional payment method and way to earn money

Believing in Fiat is not only the right thing to do but also a fundamental thing to do imagine believing totally in bitcoin when yesterday, hypothetically I have above $1000 and today it has shrink for about $50 or more dollars without doing absolutely anything and with no fault of mine. I imagine someone who has just invested his total savings yesterday... I think the best is just to share where to keep funds... Fiat is more stable and that is an advantage that is yet to be outshined...
sr. member
Activity: 462
Merit: 250
February 09, 2017, 03:02:29 PM
Yes i still believe in fiat. Fiat connected to bank, bank facilitate between investor, goverment, buyer and seller. and bank protect us if any illegal activity happen. For me, cryptocurrency just for additional payment method and way to earn money
member
Activity: 118
Merit: 100
February 05, 2017, 05:02:06 AM
Fiat has a very great public support and the existence of virtually every state depends on Fiat. In the event of any threat, any rush forces to restore and stabilize the exchange rate. Therefore, all the problems will be even artificially eliminated. Imagine what will happen if on the way Fiat actually rise bitcoin?
member
Activity: 102
Merit: 10
February 05, 2017, 04:24:45 AM
Fiat is something that allows the government to monitor citizens. And the government has already done so that no one person can not live without fiat. Yes, we are looking for an alternative, and therefore use cryptocurrency. But to completely abandon fiat, we still can not. I do not believe in the Fiat, but I am forced to use
With the help of Fiat is not only monitored the citizens, but also have the ability to levy taxes due to which there is the state itself. How, then, to be with government agencies and other features of the state staged.
full member
Activity: 127
Merit: 100
February 05, 2017, 03:52:18 AM
If the time comes and we will be paid in bitcoin, then how you can protect your rights if the employer makes an understatement of wages, or even what that imposes restrictions violating the labor code. What to do then? If bitcoin owner is anonymous and the government will not control the entire process.
full member
Activity: 128
Merit: 100
February 05, 2017, 03:23:11 AM
Fiat is something that allows the government to monitor citizens. And the government has already done so that no one person can not live without fiat. Yes, we are looking for an alternative, and therefore use cryptocurrency. But to completely abandon fiat, we still can not. I do not believe in the Fiat, but I am forced to use
Well, of course fiat would be needed for people who are in a country. you're right, fiat is a legal transaction tool that is authorized by the government, so, to this day, I still believe, and using fiat. in fact, I redeem bitcoin I have with fiat.
The world, or 99% of humanity enjoys the Fiat, and I am sure that they would know about the real threat of falling all currencies, and that instead they will cryptocurrency, the panic has risen to very strong. We often nagovarivaya questions wishful thinking.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
February 05, 2017, 03:01:17 AM
Fiat is something that allows the government to monitor citizens. And the government has already done so that no one person can not live without fiat. Yes, we are looking for an alternative, and therefore use cryptocurrency. But to completely abandon fiat, we still can not. I do not believe in the Fiat, but I am forced to use
Well, of course fiat would be needed for people who are in a country. you're right, fiat is a legal transaction tool that is authorized by the government, so, to this day, I still believe, and using fiat. in fact, I redeem bitcoin I have with fiat.
full member
Activity: 128
Merit: 100
February 05, 2017, 02:50:49 AM
Basically, all my income paid in Fiat and in real life everywhere accept only real currency. About bitcoin does not even have to say is because of cryptocurrency yet no one heard.
full member
Activity: 188
Merit: 100
February 04, 2017, 03:33:44 PM
Fiat is something that allows the government to monitor citizens. And the government has already done so that no one person can not live without fiat. Yes, we are looking for an alternative, and therefore use cryptocurrency. But to completely abandon fiat, we still can not. I do not believe in the Fiat, but I am forced to use
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