Do you Still believe in Fiat? - page 32.

Yakamoto

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Quote from: Kray on December 18, 2016, 02:33:15 PM

Quote from: bitbollo on December 18, 2016, 01:45:01 PM

Quote from: bitbob82 on December 18, 2016, 01:43:39 PM

Quote from: coinplus on December 17, 2016, 03:33:19 PM

Quote from: Text on December 08, 2016, 02:58:14 AM

I still believe in fiat of course because I use it in daily transactions such as buying and selling goods or products. Fiat is the primary currency now and then. It will not be replaced by other projects because it is easy to use. Even there will be new payment methods now and in the future, fiat would still exist.

In fact fiat is still the need of the day, as the basic infrastructure of bitcoin are not available everywhere, and most of the people still do not know about bitcoin therefore they are using fiat primary and those people who know about bitcoin they are admitting the importance of bitcoin, they use bitcoin for most of their online activities as bitcoin is more convenient than fiat for online related things.

yes that is the main reason that we are believing on fiat, as the facilities of bitcoin are not yet available everywhere, therefore most of the people consider bitcoin their side business and continue using fiat as their main currency.

You need to use "fiat money" because they have a legal status, and all shop in a country must accept it.
So you cannot believe in fiat because one day they can disappear (more or less) but actually is the only solution available for payment.

Yes, i agree with you. We cann't leave fiat as long as our country still using it

Bankers will always make sure that you're enslaved to what they want you to do, how much they want your stuff to be valued, and so on and so forth. Countries will always look to force their citizens to use fiat because they have less and less power the more the public goes for different forms of currency.

wutard

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Quote from: Kray on December 18, 2016, 02:33:15 PM

Quote from: bitbollo on December 18, 2016, 01:45:01 PM

Quote from: bitbob82 on December 18, 2016, 01:43:39 PM

Quote from: coinplus on December 17, 2016, 03:33:19 PM

Quote from: Text on December 08, 2016, 02:58:14 AM

I still believe in fiat of course because I use it in daily transactions such as buying and selling goods or products. Fiat is the primary currency now and then. It will not be replaced by other projects because it is easy to use. Even there will be new payment methods now and in the future, fiat would still exist.

In fact fiat is still the need of the day, as the basic infrastructure of bitcoin are not available everywhere, and most of the people still do not know about bitcoin therefore they are using fiat primary and those people who know about bitcoin they are admitting the importance of bitcoin, they use bitcoin for most of their online activities as bitcoin is more convenient than fiat for online related things.

yes that is the main reason that we are believing on fiat, as the facilities of bitcoin are not yet available everywhere, therefore most of the people consider bitcoin their side business and continue using fiat as their main currency.

You need to use "fiat money" because they have a legal status, and all shop in a country must accept it.
So you cannot believe in fiat because one day they can disappear (more or less) but actually is the only solution available for payment.

Yes, i agree with you. We cann't leave fiat as long as our country still using it

Often fiduciary money functions as a payment instrument on the basis of state laws that oblige to take them at face value. So long as people believe that this money is valuable, the price of them and will be at normal levels, but as soon as this belief is shaken, the end of fiat.

Kray

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Quote from: bitbollo on December 18, 2016, 01:45:01 PM

Quote from: bitbob82 on December 18, 2016, 01:43:39 PM

Quote from: coinplus on December 17, 2016, 03:33:19 PM

Quote from: Text on December 08, 2016, 02:58:14 AM

I still believe in fiat of course because I use it in daily transactions such as buying and selling goods or products. Fiat is the primary currency now and then. It will not be replaced by other projects because it is easy to use. Even there will be new payment methods now and in the future, fiat would still exist.

In fact fiat is still the need of the day, as the basic infrastructure of bitcoin are not available everywhere, and most of the people still do not know about bitcoin therefore they are using fiat primary and those people who know about bitcoin they are admitting the importance of bitcoin, they use bitcoin for most of their online activities as bitcoin is more convenient than fiat for online related things.

yes that is the main reason that we are believing on fiat, as the facilities of bitcoin are not yet available everywhere, therefore most of the people consider bitcoin their side business and continue using fiat as their main currency.

You need to use "fiat money" because they have a legal status, and all shop in a country must accept it.
So you cannot believe in fiat because one day they can disappear (more or less) but actually is the only solution available for payment.

Yes, i agree with you. We cann't leave fiat as long as our country still using it

bitbob82

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Quote from: bitbollo on December 18, 2016, 01:45:01 PM

Quote from: bitbob82 on December 18, 2016, 01:43:39 PM

Quote from: coinplus on December 17, 2016, 03:33:19 PM

Quote from: Text on December 08, 2016, 02:58:14 AM

I still believe in fiat of course because I use it in daily transactions such as buying and selling goods or products. Fiat is the primary currency now and then. It will not be replaced by other projects because it is easy to use. Even there will be new payment methods now and in the future, fiat would still exist.

In fact fiat is still the need of the day, as the basic infrastructure of bitcoin are not available everywhere, and most of the people still do not know about bitcoin therefore they are using fiat primary and those people who know about bitcoin they are admitting the importance of bitcoin, they use bitcoin for most of their online activities as bitcoin is more convenient than fiat for online related things.

yes that is the main reason that we are believing on fiat, as the facilities of bitcoin are not yet available everywhere, therefore most of the people consider bitcoin their side business and continue using fiat as their main currency.

You need to use "fiat money" because they have a legal status, and all shop in a country must accept it.
So you cannot believe in fiat because one day they can disappear (more or less) but actually is the only solution available for payment.

to me the main reason is that bitcoin is still not available everywhere, and most of the people do not know about bitcoin, hope that in future bitcoin will be sue as fiat currency, and all the people of the world will have equal opportunities of using it.

bitbollo

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Quote from: bitbob82 on December 18, 2016, 01:43:39 PM

Quote from: coinplus on December 17, 2016, 03:33:19 PM

Quote from: Text on December 08, 2016, 02:58:14 AM

I still believe in fiat of course because I use it in daily transactions such as buying and selling goods or products. Fiat is the primary currency now and then. It will not be replaced by other projects because it is easy to use. Even there will be new payment methods now and in the future, fiat would still exist.

In fact fiat is still the need of the day, as the basic infrastructure of bitcoin are not available everywhere, and most of the people still do not know about bitcoin therefore they are using fiat primary and those people who know about bitcoin they are admitting the importance of bitcoin, they use bitcoin for most of their online activities as bitcoin is more convenient than fiat for online related things.

yes that is the main reason that we are believing on fiat, as the facilities of bitcoin are not yet available everywhere, therefore most of the people consider bitcoin their side business and continue using fiat as their main currency.

You need to use "fiat money" because they have a legal status, and all shop in a country must accept it.
So you cannot believe in fiat because one day they can disappear (more or less) but actually is the only solution available for payment.

bitbob82

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Quote from: coinplus on December 17, 2016, 03:33:19 PM

Quote from: Text on December 08, 2016, 02:58:14 AM

I still believe in fiat of course because I use it in daily transactions such as buying and selling goods or products. Fiat is the primary currency now and then. It will not be replaced by other projects because it is easy to use. Even there will be new payment methods now and in the future, fiat would still exist.

In fact fiat is still the need of the day, as the basic infrastructure of bitcoin are not available everywhere, and most of the people still do not know about bitcoin therefore they are using fiat primary and those people who know about bitcoin they are admitting the importance of bitcoin, they use bitcoin for most of their online activities as bitcoin is more convenient than fiat for online related things.

yes that is the main reason that we are believing on fiat, as the facilities of bitcoin are not yet available everywhere, therefore most of the people consider bitcoin their side business and continue using fiat as their main currency.

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Quote from: sadasa on December 17, 2016, 04:52:06 PM

Quote from: Kray on December 17, 2016, 04:48:09 PM

Yes i still believe it. Fiat is real, and fiat can do more than bitcoin so there is no reason to leave it.

Fiat is as unreal as you can get. It is printed with nothing backing it so in short it is useless paper you have been made to believe is real. Bravo.

In fact, Bitcoin is not very different in this respect

Basically, it is a pyramidal scheme right now (that's why I'm so critical of anyone suggesting everyone else to buy bitcoins with all they have), but since it is a headless one (if I can say so given that Satoshi is essentially left for dead), it can exist very long. Today we have only a few million users in the world but the price is already around $800 per coin, so there is plenty of room into which Bitcoin can expand as well as plenty of time into which Bitcoin can exist. On the other hand, by the time when its expansion potential is fully exhausted, it may turn into a real thing widely and wildly supported by merchants and producers, i.e. turn from a financial pyramid as of now into a real economy as of then

Botnake

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Quote from: Babayega31 on December 17, 2016, 05:47:38 PM

Quote from: sadasa on December 17, 2016, 04:52:06 PM

Quote from: Kray on December 17, 2016, 04:48:09 PM

Yes i still believe it. Fiat is real, and fiat can do more than bitcoin so there is no reason to leave it.

Fiat is as unreal as you can get. It is printed with nothing backing it so in short it is useless paper you have been made to believe is real. Bravo.

Of course i still believe in fiat because without fiat we could not use the cash in of our online wallet and its very important in terms of cash in hand transaction like buying goods requiring fiat currency. Not most of products or goods is adopting crypti currency thats why we need fiat in order for purchasing using cash like fiat.

For now, fiat is very dominant compared to any other asset and most if not all of the population in this world are using fiat even the whales in bitcoin. We cannot deny the fact that fiat is part of our life and we needed it on our daily transaction, to spend for our daily needs, leisure and any other activities.

Babayega31

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Quote from: sadasa on December 17, 2016, 04:52:06 PM

Quote from: Kray on December 17, 2016, 04:48:09 PM

Yes i still believe it. Fiat is real, and fiat can do more than bitcoin so there is no reason to leave it.

Fiat is as unreal as you can get. It is printed with nothing backing it so in short it is useless paper you have been made to believe is real. Bravo.

Of course i still believe in fiat because without fiat we could not use the cash in of our online wallet and its very important in terms of cash in hand transaction like buying goods requiring fiat currency. Not most of products or goods is adopting crypti currency thats why we need fiat in order for purchasing using cash like fiat.

angaper

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Well, I can't hate fiat at this moment because my main business is precisely the fiat speculation through the Forex market, but I also think fiat is about to crash, however it is still possible to make some money and useful things from fiat before it disappears.

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Quote from: Kray on December 17, 2016, 04:48:09 PM

Yes i still believe it. Fiat is real, and fiat can do more than bitcoin so there is no reason to leave it.

Fiat is as unreal as you can get. It is printed with nothing backing it so in short it is useless paper you have been made to believe is real. Bravo.

Kray

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Yes i still believe it. Fiat is real, and fiat can do more than bitcoin so there is no reason to leave it.

usefrees

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Quote from: coinplus on December 17, 2016, 03:33:19 PM

Quote from: Text on December 08, 2016, 02:58:14 AM

I still believe in fiat of course because I use it in daily transactions such as buying and selling goods or products. Fiat is the primary currency now and then. It will not be replaced by other projects because it is easy to use. Even there will be new payment methods now and in the future, fiat would still exist.

In fact fiat is still the need of the day, as the basic infrastructure of bitcoin are not available everywhere, and most of the people still do not know about bitcoin therefore they are using fiat primary and those people who know about bitcoin they are admitting the importance of bitcoin, they use bitcoin for most of their online activities as bitcoin is more convenient than fiat for online related things.

I also use the national currency. I can not do without it in everyday life. In my country Bitcoin infrastructure is poorly developed. This is why Fiat has always in my purse

coinplus

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Quote from: Text on December 08, 2016, 02:58:14 AM

I still believe in fiat of course because I use it in daily transactions such as buying and selling goods or products. Fiat is the primary currency now and then. It will not be replaced by other projects because it is easy to use. Even there will be new payment methods now and in the future, fiat would still exist.

In fact fiat is still the need of the day, as the basic infrastructure of bitcoin are not available everywhere, and most of the people still do not know about bitcoin therefore they are using fiat primary and those people who know about bitcoin they are admitting the importance of bitcoin, they use bitcoin for most of their online activities as bitcoin is more convenient than fiat for online related things.

butcherboss

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I must believe in fiat since that is what is necessary right now, yes digital currency like bitcoin is progressing but it can't be used everywhere and for everything fiat has become a necessity and therefore we must believe in it.

bitcoluck

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I personally enjoy saving my bitcoin and using fiat for any bank or tax payments. Cheesy

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Quote from: agamasrori on December 17, 2016, 08:33:42 AM

Quote from: ?? on ??

I do no believe in fiat money. But i have to use it because of its high acceptance. If someone in real life would accept crypto assets - i`d prefer to use crypto assets too.

I do not belive in fiat too, becouse fiat inflation is make me worry, I preffer like to use something that no inflation. But I still use it too.

inflation happen to everything in this world. to everything which are having value like property,gold, or bitcoin. if you prefer something that don't have inflation then you might not use anything in this world. maybe you can just live up having some sort of barter to keep your live and feeds you but you will make your life far more complicated

agamasrori

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Quote from: ?? on ??

I do no believe in fiat money. But i have to use it because of its high acceptance. If someone in real life would accept crypto assets - i`d prefer to use crypto assets too.

I do not belive in fiat too, becouse fiat inflation is make me worry, I preffer like to use something that no inflation. But I still use it too.

warwar

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Quote from: BitFinnese on December 16, 2016, 12:12:45 PM

Quote from: gabmen on December 15, 2016, 06:29:29 AM

Quote from: KennyR on December 15, 2016, 01:37:40 AM

Quote from: GregH37 on December 15, 2016, 01:15:20 AM

Quote from: Zisove28 on December 12, 2016, 03:14:42 PM

I do not believe in fiat. It is very prone to inflation and to keep their savings in Fiat's very dangerous and unprofitable. My choice - Bitcoin

You can't say that you don't believe in fiat just because it's hard to save that. If you can't save your money it's your fault. Not a fault of that currency..
And you can't deny this you are not using fiat and only using Bitcoin. Because it is still not possible to live with only Bitcoin.

That's true, right now living only with bitcoin is not at all possible, because the acceptance and bitcoin users were very low compared to the fiat usage. The problem is not with the fiat but his money management, which is not perfect.

You got that right dude. As for now, fiat would still be the main unit of currency that people use whether we agree to it or not. Also, who said that bitcoin is also not prone to inflation? It's good that we have savings through bitcoin but definitely we can't live in today's world without fiat. Not yet that is.

Definitely! Just imagine a scenario where you don't have any fiat money, and just bitcoin and you are in the middle of an area without a bank. Can you buy your food with your bitcoin if the people around you have no knowledge about bitcoin? It is kinda sad but it is the fact. No matter how good or how expensive bitcoin compare to the local currency, you cannot buy anything if the merchant does not know what bitcoin is.

I do agree on you dude. No matter how expennsive the value of bitcoin in the market if you give your 1 bitcoin to merchant that has not know what is bitcoin it is very useless to that person it is really useless thing so fiat in the end is better because that is the means of payment all over the world and they recognizes it .

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Quote from: noormcs5 on December 17, 2016, 01:57:31 AM

Quote from: Zisove28 on December 12, 2016, 03:14:42 PM

I do not believe in fiat. It is very prone to inflation and to keep their savings
in Fiat's very dangerous and unprofitable. My choice - Bitcoin

Why not? How do you buy things in real life? How do you make transaction with real people?
Don't you buy stuff? We do have different fiat currencies.

Haha very funny when people says about fiat's inflation and everything that is not good for them. We have no choice but to force ourselves to believe in fiat because even there is bitcoin, in most of the country we live the only medium that we need to use for purchasing everything we need is with fiat money only.

Topic: Do you Still believe in Fiat? - page 32. (Read 75164 times)