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Topic: Do you Still believe in Fiat? - page 27. (Read 75164 times)

legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
December 27, 2016, 10:51:11 AM
I also very much encouraged by the fact that more and more stores have begun to accept Bitcoin. But to live a very hard without fiat currency. It should be for everyone. In the next few years the situation will not change significantly.


well you are right it is very difficult if you live without fiat because by the end of the day our bitcoin we are exchanging it to our own fiat because there are still no stores that accepts bitcoin in our country weell I think next few years bitcoin is getting famous and lot of users and also there are lot of shops that accepts bitcoin and fiat stays fiat
True its really hard when we don't use fiat on our daily living i can't even live without using fiat i don't think fiat will be denominant after 10-20 years fiat will be one will use to exchange our bitcoin i don't think that some of stores will begun accpeting bitcoin less of companies don't want bitcoin to be connected to them.

big companies are afraid to communicate with Bitcoin due to the fact that the situation is not clear to him. I mean legislation. Therefore, Fiat will still be used

their main reason is because their employees are not asking for it! I mean if you go ask your boss to pay you with bitcoin and then a couple of more of you colleagues do the same he is going to do it eventually and the only other issue is going to be taxes that I doubt it can be any trouble more than filling a new form!
sr. member
Activity: 274
Merit: 250
December 27, 2016, 09:37:11 AM
I also very much encouraged by the fact that more and more stores have begun to accept Bitcoin. But to live a very hard without fiat currency. It should be for everyone. In the next few years the situation will not change significantly.


well you are right it is very difficult if you live without fiat because by the end of the day our bitcoin we are exchanging it to our own fiat because there are still no stores that accepts bitcoin in our country weell I think next few years bitcoin is getting famous and lot of users and also there are lot of shops that accepts bitcoin and fiat stays fiat
True its really hard when we don't use fiat on our daily living i can't even live without using fiat i don't think fiat will be denominant after 10-20 years fiat will be one will use to exchange our bitcoin i don't think that some of stores will begun accpeting bitcoin less of companies don't want bitcoin to be connected to them.

big companies are afraid to communicate with Bitcoin due to the fact that the situation is not clear to him. I mean legislation. Therefore, Fiat will still be used

hero member
Activity: 924
Merit: 500
December 27, 2016, 09:10:35 AM
I also very much encouraged by the fact that more and more stores have begun to accept Bitcoin. But to live a very hard without fiat currency. It should be for everyone. In the next few years the situation will not change significantly.


well you are right it is very difficult if you live without fiat because by the end of the day our bitcoin we are exchanging it to our own fiat because there are still no stores that accepts bitcoin in our country weell I think next few years bitcoin is getting famous and lot of users and also there are lot of shops that accepts bitcoin and fiat stays fiat
True its really hard when we don't use fiat on our daily living i can't even live without using fiat i don't think fiat will be denominant after 10-20 years fiat will be one will use to exchange our bitcoin i don't think that some of stores will begun accpeting bitcoin less of companies don't want bitcoin to be connected to them.
hero member
Activity: 952
Merit: 515
December 27, 2016, 08:46:13 AM
I also very much encouraged by the fact that more and more stores have begun to accept Bitcoin. But to live a very hard without fiat currency. It should be for everyone. In the next few years the situation will not change significantly.


well you are right it is very difficult if you live without fiat because by the end of the day our bitcoin we are exchanging it to our own fiat because there are still no stores that accepts bitcoin in our country weell I think next few years bitcoin is getting famous and lot of users and also there are lot of shops that accepts bitcoin and fiat stays fiat

If you try, you can live without a fiat currency. It does not matter whether all stores accept Bitcoin. There will always be someone who can sell you anything for Bitcoins.

It can be but it is still hard to do especially when we need to provide our basic needs or in emergency cases , bitcoin stores or sellers might not always be there so it is impossible to live without our own fiat, fiat that is being accepted by many.
That is the greatness of fiat nowadays that bitcoin cannot do for now we cannot just use bitcoin as a payment since it is not really a legal tender, Bitcoin has been a great help in our society, indeed but there are things that might really consider before we can eliminate fiat and that would take a long years before it would happen.  
legendary
Activity: 1134
Merit: 1000
December 27, 2016, 08:39:13 AM
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


Question with a obvious answer: naturally yes. I believe in fiat because is fiat which give me the everyday life as I want to have one such. With fiat I buy the bread and feed my children, do everything else I want to do and even give me the possibility to save money for the future. Give me the possibility even to have bitcoin. Why I wouldn't believe in fiat?
hero member
Activity: 896
Merit: 500
December 27, 2016, 08:28:29 AM
I also very much encouraged by the fact that more and more stores have begun to accept Bitcoin. But to live a very hard without fiat currency. It should be for everyone. In the next few years the situation will not change significantly.


well you are right it is very difficult if you live without fiat because by the end of the day our bitcoin we are exchanging it to our own fiat because there are still no stores that accepts bitcoin in our country weell I think next few years bitcoin is getting famous and lot of users and also there are lot of shops that accepts bitcoin and fiat stays fiat

If you try, you can live without a fiat currency. It does not matter whether all stores accept Bitcoin. There will always be someone who can sell you anything for Bitcoins.

It can be but it is still hard to do especially when we need to provide our basic needs or in emergency cases , bitcoin stores or sellers might not always be there so it is impossible to live without our own fiat, fiat that is being accepted by many.
full member
Activity: 229
Merit: 250
December 27, 2016, 08:18:52 AM
I also very much encouraged by the fact that more and more stores have begun to accept Bitcoin. But to live a very hard without fiat currency. It should be for everyone. In the next few years the situation will not change significantly.


well you are right it is very difficult if you live without fiat because by the end of the day our bitcoin we are exchanging it to our own fiat because there are still no stores that accepts bitcoin in our country weell I think next few years bitcoin is getting famous and lot of users and also there are lot of shops that accepts bitcoin and fiat stays fiat

If you try, you can live without a fiat currency. It does not matter whether all stores accept Bitcoin. There will always be someone who can sell you anything for Bitcoins.
hero member
Activity: 798
Merit: 505
December 27, 2016, 06:11:14 AM
I also very much encouraged by the fact that more and more stores have begun to accept Bitcoin. But to live a very hard without fiat currency. It should be for everyone. In the next few years the situation will not change significantly.


well you are right it is very difficult if you live without fiat because by the end of the day our bitcoin we are exchanging it to our own fiat because there are still no stores that accepts bitcoin in our country weell I think next few years bitcoin is getting famous and lot of users and also there are lot of shops that accepts bitcoin and fiat stays fiat
full member
Activity: 218
Merit: 100
December 27, 2016, 06:07:00 AM
I also very much encouraged by the fact that more and more stores have begun to accept Bitcoin. But to live a very hard without fiat currency. It should be for everyone. In the next few years the situation will not change significantly.
hero member
Activity: 3038
Merit: 634
December 27, 2016, 06:04:50 AM
All of us here we know the bitcoin advantages compared to fiat but fiat dominates the world something difficult to change. So If we believe to bitcoin we must use bitcoin. That is to buy/sell goods and services in every day transactions. If we use bitcoin only for hoarding then we tacitly agree that we trust only fiat money.
I do not think it should aim to replace fiat because it is impossible. quite become the alternative of fiat was even excellent
because fiat is have the whole world and will continue to be used and I believe in fiat
Before we even think of bitcoin or cryptocurrencies replacing fiat, bitcoin needs to become the dominant online payment, bitcoin casinos are doing a great job promoting bitcoin but we need to displace Paypal first.

The bitcoin will not become a dominant online line payment. If it is 5%, then it is a great achievement.

It will become a dominant online payment in the future, why? Even paypal is showing its interest into it because they know it can kill their business.

I don't think it is just only 5% but it will be a blast can many will going to use it even though many of us will still going to use fiat.

People will just convert fiat into bitcoin for each transaction that we will do.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
December 27, 2016, 05:08:48 AM
Whether you still believe or not, You still need to believe because that is how we make for a living by believing in fiat and working for that thing. That "fiat" will help us to survive day by day and buy the things we want and also make more fiat  or money. Don't imagine or expect too much that fiat will no longer exist on the next few years because that is impossible. Bitcoin still needs a lot of time and development to be accepted as a currency and also be stable Roll Eyes.

we are still believe in fiat and its because we are using fiat to buy many things in offline and online store. but there are any possibility for bitcoin to be use liat fiat in future and its need many preparation for this, and meanwhile we can see that in online world, many store online is available to accepting bitcoin as their payments.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
December 27, 2016, 04:07:21 AM
All of us here we know the bitcoin advantages compared to fiat but fiat dominates the world something difficult to change. So If we believe to bitcoin we must use bitcoin. That is to buy/sell goods and services in every day transactions. If we use bitcoin only for hoarding then we tacitly agree that we trust only fiat money.
I do not think it should aim to replace fiat because it is impossible. quite become the alternative of fiat was even excellent
because fiat is have the whole world and will continue to be used and I believe in fiat
Before we even think of bitcoin or cryptocurrencies replacing fiat, bitcoin needs to become the dominant online payment, bitcoin casinos are doing a great job promoting bitcoin but we need to displace Paypal first.

The bitcoin will not become a dominant online line payment. If it is 5%, then it is a great achievement.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
December 26, 2016, 11:12:46 AM
All of us here we know the bitcoin advantages compared to fiat but fiat dominates the world something difficult to change. So If we believe to bitcoin we must use bitcoin. That is to buy/sell goods and services in every day transactions. If we use bitcoin only for hoarding then we tacitly agree that we trust only fiat money.
I do not think it should aim to replace fiat because it is impossible. quite become the alternative of fiat was even excellent
because fiat is have the whole world and will continue to be used and I believe in fiat
Before we even think of bitcoin or cryptocurrencies replacing fiat, bitcoin needs to become the dominant online payment, bitcoin casinos are doing a great job promoting bitcoin but we need to displace Paypal first.
full member
Activity: 181
Merit: 100
December 25, 2016, 01:00:16 PM
No i Dont but i realised we lose trust in the faint because of the banks and government but then i think they are the one who created it for this porpose so they deserve this. we got a better opportunity we got a better technology and a better system its not only about money about about a better and developed community
What are you trying to say dude? What is your reason for not trusting fiat?
 Could you please elaborate so all of us can get your point. I am sorry, I just can't get your thought/idea about what you posted. Please further explain your side. Thanks.

He just said that the fiat money is created by government and banks so they can
gain profits from it etc... and he also said that we have technology to create our own
currency/altcoin.
How are they actually making profit with on the fiat they created, I believe they are not making it as a business but just to be a legal tender where their people can use it and transact legally.
Governments gain from fiat because they can print it at will an spend it before it creates inflation unlike you or I that can only spend our money after it has been put in circulation by the government and banks earn profit by creating banking money with your deposits and then lending that money and earn interest with it.

Yes, I agree with you completely, Fiat profitable in the first place the government. With Bitcoin situation is completely different. But despite this, Bitcoin can not yet be used for the commission of any purchases and payments. Therefore, without the fiat difficult to manage
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
December 25, 2016, 12:18:42 PM
No i Dont but i realised we lose trust in the faint because of the banks and government but then i think they are the one who created it for this porpose so they deserve this. we got a better opportunity we got a better technology and a better system its not only about money about about a better and developed community
What are you trying to say dude? What is your reason for not trusting fiat?
 Could you please elaborate so all of us can get your point. I am sorry, I just can't get your thought/idea about what you posted. Please further explain your side. Thanks.

He just said that the fiat money is created by government and banks so they can
gain profits from it etc... and he also said that we have technology to create our own
currency/altcoin.
How are they actually making profit with on the fiat they created, I believe they are not making it as a business but just to be a legal tender where their people can use it and transact legally.
Governments gain from fiat because they can print it at will an spend it before it creates inflation unlike you or I that can only spend our money after it has been put in circulation by the government and banks earn profit by creating banking money with your deposits and then lending that money and earn interest with it.
hero member
Activity: 746
Merit: 509
TIME and WAVE COINs TO REMEMBER
December 25, 2016, 12:14:40 PM
No doubts fiat will dominate for the coming 10-20 years (specially the big 4) but after that perhaps bitcoin , ALTs beside the other online payments gateway as well as paypal , moneybookers ,okpay .. etc will be the only type of payment available to use due to many reason safety and security be the first . time will tell .
MMA
legendary
Activity: 1134
Merit: 1000
December 25, 2016, 11:58:18 AM
Whether you still believe or not, You still need to believe because that is how we make for a living by believing in fiat and working for that thing. That "fiat" will help us to survive day by day and buy the things we want and also make more fiat  or money. Don't imagine or expect too much that fiat will no longer exist on the next few years because that is impossible. Bitcoin still needs a lot of time and development to be accepted as a currency and also be stable Roll Eyes.
We should not wasting our time thinking of the impossible things.
We live in a modern world and fiat is all around. Never can a bitcoin replace it because it just have a certain number and I don't think we can survive if that happens.
now doubt that the number of bitcoin users are very less but i think they are continuously increasing and the reason is that the trend and interested of the people is now changing and they are give preference to online currency, therefore the use of bitcoin is increasing and that of fiat is now decreasing.
hero member
Activity: 952
Merit: 515
December 25, 2016, 11:25:36 AM
Whether you still believe or not, You still need to believe because that is how we make for a living by believing in fiat and working for that thing. That "fiat" will help us to survive day by day and buy the things we want and also make more fiat  or money. Don't imagine or expect too much that fiat will no longer exist on the next few years because that is impossible. Bitcoin still needs a lot of time and development to be accepted as a currency and also be stable Roll Eyes.
We should not wasting our time thinking of the impossible things.
We live in a modern world and fiat is all around. Never can a bitcoin replace it because it just have a certain number and I don't think we can survive if that happens.
hero member
Activity: 2590
Merit: 644
December 25, 2016, 07:45:13 AM
Whether you still believe or not, You still need to believe because that is how we make for a living by believing in fiat and working for that thing. That "fiat" will help us to survive day by day and buy the things we want and also make more fiat  or money. Don't imagine or expect too much that fiat will no longer exist on the next few years because that is impossible. Bitcoin still needs a lot of time and development to be accepted as a currency and also be stable Roll Eyes.
legendary
Activity: 1372
Merit: 1008
December 25, 2016, 04:46:47 AM
All of us here we know the bitcoin advantages compared to fiat but fiat dominates the world something difficult to change. So If we believe to bitcoin we must use bitcoin. That is to buy/sell goods and services in every day transactions. If we use bitcoin only for hoarding then we tacitly agree that we trust only fiat money.
I do not think it should aim to replace fiat because it is impossible. quite become the alternative of fiat was even excellent
because fiat is have the whole world and will continue to be used and I believe in fiat
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