Do you Still believe in Fiat? - page 29.

neochiny

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Quote from: Japinat on December 23, 2016, 04:18:00 AM

Quote from: x4 on December 23, 2016, 12:56:36 AM

Quote from: Zadicar on December 23, 2016, 12:33:31 AM

Me too and i dont know why they say such thing on which bitcoin does really rely its value from Fiat itself and shall we say fiat will be gone then bitcoin would be worthless too.

This is really true that's why remove that kind of idea/mindset that bitcoin will replace fiat, there's no way to do that, bitcoin is depending only on especially its price to Fiat. If Fiat useless then the bitcoin too will be useless. And of course I always believe in Fiat as we need that in our daily life.

Being realistic would always help our journey in bitcoin, it is not that big as we think for sure, it's just an alternative currency that we can use but will only be usable with fiat supporting it. Majority of the people will still choose fiat as our world requires fiat that we can use to spend for whatever we want to buy, may it be a product or service.

Agreed, but those people who`re saying that bitcoin can overcome fiat are just trying to boost
bitcoin by introducing its capabilities and what it can become. but if i were to pick which one
i would use, surely fiat would be the better choice(you can think for your self what are the
advantages of fiat over bitcoin) than bitcoin.

Kotone

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I always believed in fiat currency because of this i can easily exchange my bitcoin whenever i need money always my transaction are smooth and no encounter problem at i have big trust on this because of this i can easily use my bitcoin into physical thing also.

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Quote from: x4 on December 23, 2016, 12:56:36 AM

Quote from: Zadicar on December 23, 2016, 12:33:31 AM

Me too and i dont know why they say such thing on which bitcoin does really rely its value from Fiat itself and shall we say fiat will be gone then bitcoin would be worthless too.

This is really true that's why remove that kind of idea/mindset that bitcoin will replace fiat, there's no way to do that, bitcoin is depending only on especially its price to Fiat. If Fiat useless then the bitcoin too will be useless. And of course I always believe in Fiat as we need that in our daily life.

Being realistic would always help our journey in bitcoin, it is not that big as we think for sure, it's just an alternative currency that we can use but will only be usable with fiat supporting it. Majority of the people will still choose fiat as our world requires fiat that we can use to spend for whatever we want to buy, may it be a product or service.

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Quote from: Zadicar on December 23, 2016, 12:33:31 AM

Me too and i dont know why they say such thing on which bitcoin does really rely its value from Fiat itself and shall we say fiat will be gone then bitcoin would be worthless too.

This is really true that's why remove that kind of idea/mindset that bitcoin will replace fiat, there's no way to do that, bitcoin is depending only on especially its price to Fiat. If Fiat useless then the bitcoin too will be useless. And of course I always believe in Fiat as we need that in our daily life.

Zadicar

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Quote from: blockman on December 23, 2016, 12:28:31 AM

Quote from: Zadicar on December 23, 2016, 12:08:49 AM

Quote from: blockman on December 23, 2016, 12:05:38 AM

Quote from: BreakingSlow on December 22, 2016, 07:48:35 PM

Yes I still believe in the fiat to be honest because its stays needed and why would I even not believe in it, I think that there is nothing wrong with doing that...

There is nothing wrong for it is a must thing that we must do. If you don't believe in fiat who do you think will suffer? Of course us that doesn't believe it because it is the one that is being used by many people worldwide for transacting. And even though there is bitcoin, many still doesn't know about it unless you will exchange your bitcoin to fiat.

This question is just nonsense because all of people do really trust fiat no matter what and we use it on our daily lives in order to survive and we do hard work just to earn it.You are right fiat is being used already for how many years already since in the past and bitcoin is just an alternative.

I don't know why people are thinking that bitcoin will replace fiat even though there are some who are saying that it is going to happen in the future. As long as fiat is existing, I will going to keep on believing with fiat and of course also for bitcoin.

Me too and i dont know why they say such thing on which bitcoin does really rely its value from fiat itself and shall we say fiat will be gone then bitcoin would be worthless too. Bitcoin will progress even more on the future but it cant really replace fiat anytime soon.Government wouldnt let that thing to happen for sure.

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Quote from: Zadicar on December 23, 2016, 12:08:49 AM

Quote from: blockman on December 23, 2016, 12:05:38 AM

Quote from: BreakingSlow on December 22, 2016, 07:48:35 PM

Yes I still believe in the fiat to be honest because its stays needed and why would I even not believe in it, I think that there is nothing wrong with doing that...

There is nothing wrong for it is a must thing that we must do. If you don't believe in fiat who do you think will suffer? Of course us that doesn't believe it because it is the one that is being used by many people worldwide for transacting. And even though there is bitcoin, many still doesn't know about it unless you will exchange your bitcoin to fiat.

This question is just nonsense because all of people do really trust fiat no matter what and we use it on our daily lives in order to survive and we do hard work just to earn it.You are right fiat is being used already for how many years already since in the past and bitcoin is just an alternative.

I don't know why people are thinking that bitcoin will replace fiat even though there are some who are saying that it is going to happen in the future. As long as fiat is existing, I will going to keep on believing with fiat and of course also for bitcoin.

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Quote from: n0ne on December 22, 2016, 05:27:45 PM

Quote from: boyptc on December 22, 2016, 12:53:09 AM

Quote from: roomfirst on December 21, 2016, 11:42:31 PM

I'm sure people still believe in fiat, because we still use fiat for buying something in real life using fiat. Without fiat we can't buy shit. That's why people still believe in fiat, even the digital money come like bitcoin and paypal. Fiat will still survive.

That's a sure thing because if we are not going to believe fiat then what do you think is the medium that we need to use in able to survive for our daily lives for buying and selling the things that we need? Unless you are living in a jungle and you don't need fiat for surviving there then your faith in fiat will surely be gone.

However technology gets to move forward with updates and developments fiat continue to be used by at least a small group of people at some corner of the world. In my view fiat is the basis for financial system, so replacing or quitting its use is not at all possible. Till money is valued fiat will be valued.

Yes, even though the technology is keep on its progress and innovation together its upgrade with the financial system, still the fiat will be used wherever we are in this world. Unless you are living in a society where all the people are using bitcoins, that's the only possible thing that bitcoin will replace fiat for being used by the people as main currency.

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Quote from: blockman on December 23, 2016, 12:05:38 AM

Quote from: BreakingSlow on December 22, 2016, 07:48:35 PM

Yes I still believe in the fiat to be honest because its stays needed and why would I even not believe in it, I think that there is nothing wrong with doing that...

There is nothing wrong for it is a must thing that we must do. If you don't believe in fiat who do you think will suffer? Of course us that doesn't believe it because it is the one that is being used by many people worldwide for transacting. And even though there is bitcoin, many still doesn't know about it unless you will exchange your bitcoin to fiat.

This question is just nonsense because all of people do really trust fiat no matter what and we use it on our daily lives in order to survive and we do hard work just to earn it.You are right fiat is being used already for how many years already since in the past and bitcoin is just an alternative.

blockman

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Quote from: BreakingSlow on December 22, 2016, 07:48:35 PM

Yes I still believe in the fiat to be honest because its stays needed and why would I even not believe in it, I think that there is nothing wrong with doing that...

There is nothing wrong for it is a must thing that we must do. If you don't believe in fiat who do you think will suffer? Of course us that doesn't believe it because it is the one that is being used by many people worldwide for transacting. And even though there is bitcoin, many still doesn't know about it unless you will exchange your bitcoin to fiat.

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Quote from: boyptc on December 22, 2016, 09:37:55 PM

Just like monnt said, we can never stop using fiat and even all of us are all using bitcoin still the government is the one that needs to be followed by its citizen. And I'm sure that government is not going to totally surrender all the money system to bitcoin as it is uncontrollable and they don't have the authority to reproduce it if they want to.

Giving up the government's fiat and just let its place taken down by bitcoin is the same as giving up the government's economy and that's will never happened because the government had realised it.
They may not consider bitcoin as a threat for now but they will and eventually. Honestly i would prefer bitcoin to be an alternative currency and not to take over the world's currencies

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Quote from: bncbnc on December 22, 2016, 07:00:49 PM

Quote from: Monnt on December 22, 2016, 11:46:32 AM

Quote from: boyptc on December 22, 2016, 12:53:09 AM

Quote from: roomfirst on December 21, 2016, 11:42:31 PM

I'm sure people still believe in fiat, because we still use fiat for buying something in real life using fiat. Without fiat we can't buy shit. That's why people still believe in fiat, even the digital money come like bitcoin and paypal. Fiat will still survive.

That's a sure thing because if we are not going to believe fiat then what do you think is the medium that we need to use in able to survive for our daily lives for buying and selling the things that we need? Unless you are living in a jungle and you don't need fiat for surviving there then your faith in fiat will surely be gone.

We can never stop using fiat because it has been and will forever will be the payment method that everyone uses on the plant to exchange money in person, even if our society is relaying on internet and digital payment more and more, there will be the need for human interaction and that’s where the fiat comes in.

although fiat is the fundamental currency using by almost all the people of the world, but i think if all the people of the world start using bitcoin, as it can be possible in future then fiat will become useless and all the people will start using bitcoin.

Just like monnt said, we can never stop using fiat and even all of us are all using bitcoin still the government is the one that needs to be followed by its citizen. And I'm sure that government is not going to totally surrender all the money system to bitcoin as it is uncontrollable and they don't have the authority to reproduce it if they want to.

BreakingSlow

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Yes I still believe in the fiat to be honest because its stays needed and why would I even not believe in it, I think that there is nothing wrong with doing that...

bncbnc

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Quote from: Monnt on December 22, 2016, 11:46:32 AM

Quote from: boyptc on December 22, 2016, 12:53:09 AM

Quote from: roomfirst on December 21, 2016, 11:42:31 PM

I'm sure people still believe in fiat, because we still use fiat for buying something in real life using fiat. Without fiat we can't buy shit. That's why people still believe in fiat, even the digital money come like bitcoin and paypal. Fiat will still survive.

That's a sure thing because if we are not going to believe fiat then what do you think is the medium that we need to use in able to survive for our daily lives for buying and selling the things that we need? Unless you are living in a jungle and you don't need fiat for surviving there then your faith in fiat will surely be gone.

We can never stop using fiat because it has been and will forever will be the payment method that everyone uses on the plant to exchange money in person, even if our society is relaying on internet and digital payment more and more, there will be the need for human interaction and that’s where the fiat comes in.

although fiat is the fundamental currency using by almost all the people of the world, but i think if all the people of the world start using bitcoin, as it can be possible in future then fiat will become useless and all the people will start using bitcoin.

coinfast

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I think they are just the same Fiat for paying or buying something. car,house and another reply, And bitcoins for online things. for now I believe Fiat and Bitcoin.

n0ne

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Quote from: boyptc on December 22, 2016, 12:53:09 AM

Quote from: roomfirst on December 21, 2016, 11:42:31 PM

I'm sure people still believe in fiat, because we still use fiat for buying something in real life using fiat. Without fiat we can't buy shit. That's why people still believe in fiat, even the digital money come like bitcoin and paypal. Fiat will still survive.

That's a sure thing because if we are not going to believe fiat then what do you think is the medium that we need to use in able to survive for our daily lives for buying and selling the things that we need? Unless you are living in a jungle and you don't need fiat for surviving there then your faith in fiat will surely be gone.

However technology gets to move forward with updates and developments fiat continue to be used by at least a small group of people at some corner of the world. In my view fiat is the basis for financial system, so replacing or quitting its use is not at all possible. Till money is valued fiat will be valued.

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I still believe in fiat only if the economy condition where that fiat comes from is healthy Roll Eyes

Even so, i only use paper money and only use banks when i really need it.

Then you don't believe in any fiat, right? Since most of the world economies are in serious problems with soaring debt and no hope of repaying it any time soon and the stock markets are nothing more than manipulated and inflated markets.

dande1

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Yes. I have to believe in it to an extent. Can't get by in the real world without it.

Monnt

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Quote from: boyptc on December 22, 2016, 12:53:09 AM

Quote from: roomfirst on December 21, 2016, 11:42:31 PM

I'm sure people still believe in fiat, because we still use fiat for buying something in real life using fiat. Without fiat we can't buy shit. That's why people still believe in fiat, even the digital money come like bitcoin and paypal. Fiat will still survive.

That's a sure thing because if we are not going to believe fiat then what do you think is the medium that we need to use in able to survive for our daily lives for buying and selling the things that we need? Unless you are living in a jungle and you don't need fiat for surviving there then your faith in fiat will surely be gone.

We can never stop using fiat because it has been and will forever will be the payment method that everyone uses on the plant to exchange money in person, even if our society is relaying on internet and digital payment more and more, there will be the need for human interaction and that’s where the fiat comes in.

boyptc

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Quote from: roomfirst on December 21, 2016, 11:42:31 PM

I'm sure people still believe in fiat, because we still use fiat for buying something in real life using fiat. Without fiat we can't buy shit. That's why people still believe in fiat, even the digital money come like bitcoin and paypal. Fiat will still survive.

That's a sure thing because if we are not going to believe fiat then what do you think is the medium that we need to use in able to survive for our daily lives for buying and selling the things that we need? Unless you are living in a jungle and you don't need fiat for surviving there then your faith in fiat will surely be gone.

roomfirst

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I'm sure people still believe in fiat, because we still use fiat for buying something in real life using fiat. Without fiat we can't buy shit. That's why people still believe in fiat, even the digital money come like bitcoin and paypal. Fiat will still survive.

Topic: Do you Still believe in Fiat? - page 29. (Read 75146 times)