Yes of course I always believe in fiat, because since I was a kid fiat its used all over the world like spending on goods, transportation and currency exchange. Bitcoin is my main reason why fiat is very important all the time because earning btc can be converted to a fiat money which is more popular currency, as well as digital currency which only circulated in the blockchain network.
Fiat is money or our generation and of many previous ones. But I am sure crypto-currencies are money of the next generation. Bitcoin and some other crypto is going to be more useful in future and will become daily thing for some people. But as well I understand that crypto currencies can't reach the every corner of this planet and get used to by everyone so soon.
Topic: Do you Still believe in Fiat? - page 14. (Read 75166 times)
Yes of course I always believe in fiat, because since I was a kid fiat its used all over the world like spending on goods, transportation and currency exchange. Bitcoin is my main reason why fiat is very important all the time because earning btc can be converted to a fiat money which is more popular currency, as well as digital currency which only circulated in the blockchain network.
Fiat is money or our generation and of many previous ones. But I am sure crypto-currencies are money of the next generation. Bitcoin and some other crypto is going to be more useful in future and will become daily thing for some people. But as well I understand that crypto currencies can't reach the every corner of this planet and get used to by everyone so soon. 
Yes of course I always believe in fiat, because since I was a kid fiat its used all over the world like spending on goods, transportation and currency exchange. Bitcoin is my main reason why fiat is very important all the time because earning btc can be converted to a fiat money which is more popular currency, as well as digital currency which only circulated in the blockchain network.
To be honest fiat is a basic necessity of each and every individual at this stage we are using bitcoins and love it as a innovative currency but the fact is bitcoin is dependent on fiat as if we have to spend our bitcoins then we need to convert them to fiat first and we cannot spend our bitcoins directly anywhere for buying anything and I think it will take a long time for bitcoin to get accepted everywhere and till that happens fiat will always remain on the top and the first choice of the people.
You got that right dude. There are very limited things you can purchase with just bitcoin by itself. The fact that it would have to be converted tells us that in the end, our transactions would still end up in fiat currency. I think btc would be a lot of help for people who owns it but most likely it would remain a digital currency in support of fiat
Yeah I do believed in fiat, I cannot say that fiat is not good, no its not!, it might just the others gave it a wrong interpretation, but it is very helpful to the people around the world ehen it comes to converting the money in each country. This is also can be said as established one too.
Yes of course I always believe in fiat, because since I was a kid fiat its used all over the world like spending on goods, transportation and currency exchange. Bitcoin is my main reason why fiat is very important all the time because earning btc can be converted to a fiat money which is more popular currency, as well as digital currency which only circulated in the blockchain network.
To be honest fiat is a basic necessity of each and every individual at this stage we are using bitcoins and love it as a innovative currency but the fact is bitcoin is dependent on fiat as if we have to spend our bitcoins then we need to convert them to fiat first and we cannot spend our bitcoins directly anywhere for buying anything and I think it will take a long time for bitcoin to get accepted everywhere and till that happens fiat will always remain on the top and the first choice of the people.
You got that right dude. There are very limited things you can purchase with just bitcoin by itself. The fact that it would have to be converted tells us that in the end, our transactions would still end up in fiat currency. I think btc would be a lot of help for people who owns it but most likely it would remain a digital currency in support of fiat
Yes of course I always believe in fiat, because since I was a kid fiat its used all over the world like spending on goods, transportation and currency exchange. Bitcoin is my main reason why fiat is very important all the time because earning btc can be converted to a fiat money which is more popular currency, as well as digital currency which only circulated in the blockchain network.
To be honest fiat is a basic necessity of each and every individual at this stage we are using bitcoins and love it as a innovative currency but the fact is bitcoin is dependent on fiat as if we have to spend our bitcoins then we need to convert them to fiat first and we cannot spend our bitcoins directly anywhere for buying anything and I think it will take a long time for bitcoin to get accepted everywhere and till that happens fiat will always remain on the top and the first choice of the people.
Yes of course I always believe in fiat, because since I was a kid fiat its used all over the world like spending on goods, transportation and currency exchange. Bitcoin is my main reason why fiat is very important all the time because earning btc can be converted to a fiat money which is more popular currency, as well as digital currency which only circulated in the blockchain network.
To be honest fiat is a basic necessity of each and every individual at this stage we are using bitcoins and love it as a innovative currency but the fact is bitcoin is dependent on fiat as if we have to spend our bitcoins then we need to convert them to fiat first and we cannot spend our bitcoins directly anywhere for buying anything and I think it will take a long time for bitcoin to get accepted everywhere and till that happens fiat will always remain on the top and the first choice of the people.
Yes of course I always believe in fiat, because since I was a kid fiat its used all over the world like spending on goods, transportation and currency exchange. Bitcoin is my main reason why fiat is very important all the time because earning btc can be converted to a fiat money which is more popular currency, as well as digital currency which only circulated in the blockchain network.
To be honest fiat is a basic necessity of each and every individual at this stage we are using bitcoins and love it as a innovative currency but the fact is bitcoin is dependent on fiat as if we have to spend our bitcoins then we need to convert them to fiat first and we cannot spend our bitcoins directly anywhere for buying anything and I think it will take a long time for bitcoin to get accepted everywhere and till that happens fiat will always remain on the top and the first choice of the people.
Yes of course I always believe in fiat, because since I was a kid fiat its used all over the world like spending on goods, transportation and currency exchange. Bitcoin is my main reason why fiat is very important all the time because earning btc can be converted to a fiat money which is more popular currency, as well as digital currency which only circulated in the blockchain network.
Yeah , I am also satisfied with the fiat , I mean I am believing the fiat more than the bitcoin . Because I usually converted my bitcoin into fiat at every monthlast days, like all other bitcoiner, .Becca I am believing bitcoin much than bitcoin . Here we are secured with fiat .
I don't mean that bitcoin is insecure , actually bitcoin is more powerful and trusted than fiat but problem are here the rules of government of countries which are varrying .
I am remain always in fear that what will happen if bitcoin got banned in my country like russian .
Yes of course I always believe in fiat, because since I was a kid fiat its used all over the world like spending on goods, transportation and currency exchange. Bitcoin is my main reason why fiat is very important all the time because earning btc can be converted to a fiat money which is more popular currency, as well as digital currency which only circulated in the blockchain network.
Fiat money is still inevitable in our everyday life. The thing is that Bitcoin will probably never achieve that level of acceptance that it could completely compete with fiat. And I don't think that the whole world would change the mindset just like that so for a long time the financial systems would be depending exclusively on fiat.
However, if it adopted or made centralize money by your government you have to go as it is right! I think bitcoin will be centralized money in near future and then automatically we should go for it.
Yes and we cannot expect people from poor countries who are uneducated would have even heard about bitcoins or will start using bitcoins in future they will continue with fiat as they get paid in fiat and even they are not eligible for credit or debit cards and in that case fiat is the only option left for them.
People coming from poor countries will rather prefer to avoid using Bitcoin as the fees are becoming too much of an obstacle for them. Including like $0.20-$0.30 as minimum fee is a costly amount for their standards. Especially when you consider that the amounts these people work with are only worth a few bucks in most cases. Pools will most likely ignore these transactions for quite some time where it will result in their precious money being stuck waiting for confirmations. It will only work against them instead of for them.
That i think it can help you to speed up.. or including your transaction to the next block.
I was more referring to people in poor countries that don't have much interest in something that cost them so much just for using it. In case of what you're talking about, 0.0005 BTC in fees isn't really that much of a problem for me, but that's not how people coming from India will look at it. Don't forget that 0.0005 BTC equals $0.46 with the current price. It's too costly for these people to lose what for us is being seen as an insignificant amount, but for them a decent amount since it means that they can buy some food with it. Especially when you calculate the value of several transaction fees together.
That ViaBtc accelerator is quite a handy tool that helped me into getting my Bitmixer signature campaign payment confirmed. But it's not that when you make use of it that it will confirm your transaction within a few blocks. You still depend on them finding a block where you also have to take in mind that they are the third largest pool. The other 2 pools will have around 45-50% higher chances of finding a block. But on average, from every 6 blocks being found, at least 1 should be found by ViaBtc. But some times luck is also a factor.
Before any change that occurs around the world, people always say this that it is not possible. How will people adapt to the changes ? It will be a failure? and things like that.
The fact is that World is changing towards digital and therefore there is a need for digital currency. Hence Bitcoin is there to fulfill this change and need.
The fact is that World is changing towards digital and therefore there is a need for digital currency. Hence Bitcoin is there to fulfill this change and need.
Though the world is moving really fast towards digital systems and for sure every country will have to adopt the digital monetary system as well but we cannot be sure if that gap will be filled with bitcoin, because they can also create their own coins within their control so why would they adopt a coin that cannot be under their control?
Fiat money is still inevitable in our everyday life. The thing is that Bitcoin will probably never achieve that level of acceptance that it could completely compete with fiat. And I don't think that the whole world would change the mindset just like that so for a long time the financial systems would be depending exclusively on fiat.
However, if it adopted or made centralize money by your government you have to go as it is right! I think bitcoin will be centralized money in near future and then automatically we should go for it.
Yes and we cannot expect people from poor countries who are uneducated would have even heard about bitcoins or will start using bitcoins in future they will continue with fiat as they get paid in fiat and even they are not eligible for credit or debit cards and in that case fiat is the only option left for them.
People coming from poor countries will rather prefer to avoid using Bitcoin as the fees are becoming too much of an obstacle for them. Including like $0.20-$0.30 as minimum fee is a costly amount for their standards. Especially when you consider that the amounts these people work with are only worth a few bucks in most cases. Pools will most likely ignore these transactions for quite some time where it will result in their precious money being stuck waiting for confirmations. It will only work against them instead of for them.
That i think it can help you to speed up.. or including your transaction to the next block.
Fiat money is still inevitable in our everyday life. The thing is that Bitcoin will probably never achieve that level of acceptance that it could completely compete with fiat. And I don't think that the whole world would change the mindset just like that so for a long time the financial systems would be depending exclusively on fiat.
However, if it adopted or made centralize money by your government you have to go as it is right! I think bitcoin will be centralized money in near future and then automatically we should go for it.
Yes and we cannot expect people from poor countries who are uneducated would have even heard about bitcoins or will start using bitcoins in future they will continue with fiat as they get paid in fiat and even they are not eligible for credit or debit cards and in that case fiat is the only option left for them.
Fiat money is still inevitable in our everyday life. The thing is that Bitcoin will probably never achieve that level of acceptance that it could completely compete with fiat. And I don't think that the whole world would change the mindset just like that so for a long time the financial systems would be depending exclusively on fiat.
However, if it adopted or made centralize money by your government you have to go as it is right! I think bitcoin will be centralized money in near future and then automatically we should go for it.
Yes and we cannot expect people from poor countries who are uneducated would have even heard about bitcoins or will start using bitcoins in future they will continue with fiat as they get paid in fiat and even they are not eligible for credit or debit cards and in that case fiat is the only option left for them.
People coming from poor countries will rather prefer to avoid using Bitcoin as the fees are becoming too much of an obstacle for them. Including like $0.20-$0.30 as minimum fee is a costly amount for their standards. Especially when you consider that the amounts these people work with are only worth a few bucks in most cases. Pools will most likely ignore these transactions for quite some time where it will result in their precious money being stuck waiting for confirmations. It will only work against them instead of for them.
Fiat money is still inevitable in our everyday life. The thing is that Bitcoin will probably never achieve that level of acceptance that it could completely compete with fiat. And I don't think that the whole world would change the mindset just like that so for a long time the financial systems would be depending exclusively on fiat.
However, if it adopted or made centralize money by your government you have to go as it is right! I think bitcoin will be centralized money in near future and then automatically we should go for it.
Yes and we cannot expect people from poor countries who are uneducated would have even heard about bitcoins or will start using bitcoins in future they will continue with fiat as they get paid in fiat and even they are not eligible for credit or debit cards and in that case fiat is the only option left for them.
Unfortunately, we have no choice but to obey the law the government set, whether we like it or not we have to follow and comply with it. Bitcoin is anonymous and the government does not condone anonymous transaction as it could be shady in their eyes. That is the reason why AMLA was created, that is to ensure that transactions are legitimate and illegal transactions shall not be tolerated.
No doubt about that... If we only have a choice, surely our faith in fiat will be gone... Even if we say that we want to use bitcoin everyday, as long as there is no place in our locality where we can use it as it is, it won't work... Probably the more shady, suspicious transactions, and flaws unsolved, the farther we are in becoming mainstream and that only benefits the fiat/government each time we earn bitcoin and convert it to local currency...
yes you are right, the government will never support cryptocurrency. It is contrary to the principles of openness. We have to believe in fiat currency.
several country, goverment is supported and regulated to bitcoin
because bitcoin can income capital money goverment
example japan is ready regulate bitcoin, and every transaction in exchanger can charge to TAX
In fact, this is a very bad trend. The Chinese Government has also begun to take measures to reduce the use of Bitcoin. They want the people are more used fiat currency and did not use Bitcoin
Unfortunately, we have no choice but to obey the law the government set, whether we like it or not we have to follow and comply with it. Bitcoin is anonymous and the government does not condone anonymous transaction as it could be shady in their eyes. That is the reason why AMLA was created, that is to ensure that transactions are legitimate and illegal transactions shall not be tolerated.
No doubt about that... If we only have a choice, surely our faith in fiat will be gone... Even if we say that we want to use bitcoin everyday, as long as there is no place in our locality where we can use it as it is, it won't work... Probably the more shady, suspicious transactions, and flaws unsolved, the farther we are in becoming mainstream and that only benefits the fiat/government each time we earn bitcoin and convert it to local currency...
yes you are right, the government will never support cryptocurrency. It is contrary to the principles of openness. We have to believe in fiat currency.
several country, goverment is supported and regulated to bitcoin
because bitcoin can income capital money goverment
example japan is ready regulate bitcoin, and every transaction in exchanger can charge to TAX
Fiat money is still inevitable in our everyday life. The thing is that Bitcoin will probably never achieve that level of acceptance that it could completely compete with fiat. And I don't think that the whole world would change the mindset just like that so for a long time the financial systems would be depending exclusively on fiat.
However, if it adopted or made centralize money by your government you have to go as it is right! I think bitcoin will be centralized money in near future and then automatically we should go for it.
Fiat money is still inevitable in our everyday life. The thing is that Bitcoin will probably never achieve that level of acceptance that it could completely compete with fiat. And I don't think that the whole world would change the mindset just like that so for a long time the financial systems would be depending exclusively on fiat.
However, if it adopted or made centralize money by your government you have to go as it is right! I think bitcoin will be centralized money in near future and then automatically we should go for it.
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