I feel like a noob since IDK what Fiat is
Can anyone give me some reading sources, im a big dummy
Topic: Do you Still believe in Fiat? - page 39. (Read 75164 times)
Why shouldn't I believe in Fiat? Governmental regulation guarantees stability in a way. I understand that Bitcoin is profitable and popular and yet we all mostly use fiat money, right? Because that's the money for which you can really buy something.
people just ddid not believe on how government manage the tax funds ,mostly see it as the biggest corruption ,
with decentralization like bitcoin people will not worry bout nothin ,
they will just worry about themselves as you are your own bank regulated by yourself.
No. I'm from LATAM and every currency here is fcked up. The government can't do a right thing and with coins it's the same... fiat is based in the government predictions and by the whole administration of the country.. so, what I really like in Bitcoin (and 'course I hate in fiat) is the fact that it doesn't depend so much of an specific country, and the act of the stablishment of a single country cannot affect the currency at all, and this way, our money is intact because it is like a "tangent currency" used to surpass fcked gov't official currencies.
It's not a matter of believing in fiat. It's more about understanding how it works and how and why it can be manipulated.
Well, may I know how can a fiat be manipulated? Seems very new to me so please do enlighten me.Fiat for me is not an investment but as money that we can use for our daily lives, it inflates it's value but we still have to believe it as fiat does not need us but we need fiat to survive.
It's not a matter of believing in fiat. It's more about understanding how it works and how and why it can be manipulated.
Why shouldn't I believe in Fiat? Governmental regulation guarantees stability in a way. I understand that Bitcoin is profitable and popular and yet we all mostly use fiat money, right? Because that's the money for which you can really buy something.
Thanks to bitcoin we got a new option if you cant trust fiat anymore. But I can say it will be living for long as long there are places that cannot be reached by technology. It will be only us who lives in cities can do it for now.
Indeed mate.. bitcoin will still exist in the future and so as fiat, but fiat will not be out of the picture because everyone in the world uses it, bitcoin value is also depending on fiat. Without fiat, bitcoin will be worthless.
Yes i agree with you!fiat is very important, we should always remember that bitcoin is just an alternative ways of payment. Bitcoins is very useful but lets not compare it with fiat, fiat is very important for us because we are using fiat everyday and if you are about to use your bitcoins, we are also converting it on fiat. Lets not forget that fiat has no limit unlike on bitcoins.
Thanks to bitcoin we got a new option if you cant trust fiat anymore. But I can say it will be living for long as long there are places that cannot be reached by technology. It will be only us who lives in cities can do it for now.
Indeed mate.. bitcoin will still exist in the future and so as fiat, but fiat will not be out of the picture because everyone in the world uses it, bitcoin value is also depending on fiat. Without fiat, bitcoin will be worthless.
Yes i agree with you!fiat is very important, we should always remember that bitcoin is just an alternative ways of payment. Bitcoins is very useful but lets not compare it with fiat, fiat is very important for us because we are using fiat everyday and if you are about to use your bitcoins, we are also converting it on fiat. Lets not forget that fiat has no limit unlike on bitcoins.
Yeah, I agree too, without fiat, bitcoin is incomplete, bitcoin is here because of fiat. For example, if we earn bitcoin than we have no alternative like fiat, So how we can use it and convert it?
A huge people earn the bitcoin but they are not totally use the bitcoin on online, they do first of all convert the bitcoin into fiat and then they earn from bitcoin and use it in different ways.
I think you mean criterion bitcoin value. Indeed without fiat we can't measure how much value bitcoin have, since bitcoin designed as alternative currency, fiat is the main criterion for measuring other future currency.
And yes people usually exchange it to fiat for any reason, the main reason is there's still few bitcoin merchant in this world which bring through people to exchange it to fiat for buying their needs.
Thanks to bitcoin we got a new option if you cant trust fiat anymore. But I can say it will be living for long as long there are places that cannot be reached by technology. It will be only us who lives in cities can do it for now.
Indeed mate.. bitcoin will still exist in the future and so as fiat, but fiat will not be out of the picture because everyone in the world uses it, bitcoin value is also depending on fiat. Without fiat, bitcoin will be worthless.
Yes i agree with you!fiat is very important, we should always remember that bitcoin is just an alternative ways of payment. Bitcoins is very useful but lets not compare it with fiat, fiat is very important for us because we are using fiat everyday and if you are about to use your bitcoins, we are also converting it on fiat. Lets not forget that fiat has no limit unlike on bitcoins.
Yeah, I agree too, without fiat, bitcoin is incomplete, bitcoin is here because of fiat. For example, if we earn bitcoin than we have no alternative like fiat, So how we can use it and convert it?
A huge people earn the bitcoin but they are not totally use the bitcoin on online, they do first of all convert the bitcoin into fiat and then they earn from bitcoin and use it in different ways.
Thanks to bitcoin we got a new option if you cant trust fiat anymore. But I can say it will be living for long as long there are places that cannot be reached by technology. It will be only us who lives in cities can do it for now.
Indeed mate.. bitcoin will still exist in the future and so as fiat, but fiat will not be out of the picture because everyone in the world uses it, bitcoin value is also depending on fiat. Without fiat, bitcoin will be worthless.
Yes i agree with you!fiat is very important, we should always remember that bitcoin is just an alternative ways of payment. Bitcoins is very useful but lets not compare it with fiat, fiat is very important for us because we are using fiat everyday and if you are about to use your bitcoins, we are also converting it on fiat. Lets not forget that fiat has no limit unlike on bitcoins.
Yes I still believe in the bitcoin because it has a great future and will go to a higher amount without any doubts.
It will stay here for most of the time in my eyes.
I think if you bitcoin investor and you do not believe in bitcoin, I think it will only harm you, because bitcoin prices fluctuate, if you do not believe in bitcoin, surely you will always panic when the price falls,It will stay here for most of the time in my eyes.
Yes I still believe in the bitcoin because it has a great future and will go to a higher amount without any doubts.
It will stay here for most of the time in my eyes.
I think if you bitcoin investor and you do not believe in bitcoin, I think it will only harm you, because bitcoin prices fluctuate, if you do not believe in bitcoin, surely you will always panic when the price falls, It will stay here for most of the time in my eyes.
Yes I still believe in the bitcoin because it has a great future and will go to a higher amount without any doubts.
It will stay here for most of the time in my eyes.
It will stay here for most of the time in my eyes.
The question is about fiat, it is not about bitcoin. OP is asking if you still believe in fiat or not.
Well, for me fiat is still believable as right now we cannot use bitcoins where we can use fiat so not trusting fiat will leave us no option for now.
This is most stupid question I came across so far. I see no reason, why I should not believe in fiat! Fiat is a government backed currency and also backed by a physical asset like gold. So it is the most reliable currency so far.
On the other hand bitcoin is an anonymous currency and backed only by human trust. People are believing in it and hence it is going strong. If people stops believing in bitcoin, the price will come down drastically. So if any such things happen for fiat currency, the respective government will step in and take measure to stop the falling price. So fiat is the most trusted currency.
On the other hand bitcoin is an anonymous currency and backed only by human trust. People are believing in it and hence it is going strong. If people stops believing in bitcoin, the price will come down drastically. So if any such things happen for fiat currency, the respective government will step in and take measure to stop the falling price. So fiat is the most trusted currency.
You got it, many are just thinking that bitcoin will replace the fiat / paper money easily. But of course, as long as the government will not recognize any new currency or crypto, we don't have choice but to keep on believing and using fiat money. So you just need to believe it and continuously use it as it has monetary value governed by the government.
There is no reason to believe in fiat at all, and to be frank, there is no reason to believe in the government either. Fiat is backed by a shaky government in power solely because it can import anything it wants and screw over anyone that doesn't want to listen to them.
Fiat will eventually be on its way out, one way or another. There is no way to keep the scheme running forever. It will eventually collapse, and because of this, there is no faith to be put in it.
Fiat will eventually be on its way out, one way or another. There is no way to keep the scheme running forever. It will eventually collapse, and because of this, there is no faith to be put in it.
Well i think its been running long enough that most people's finances revolve around fiat. I mean right now we really have no choice but to believe in it because we need it. It may be replaced in time but i don't t think it would be anytime soon
There is no reason to believe in fiat at all, and to be frank, there is no reason to believe in the government either. Fiat is backed by a shaky government in power solely because it can import anything it wants and screw over anyone that doesn't want to listen to them.
Fiat will eventually be on its way out, one way or another. There is no way to keep the scheme running forever. It will eventually collapse, and because of this, there is no faith to be put in it.
Fiat will eventually be on its way out, one way or another. There is no way to keep the scheme running forever. It will eventually collapse, and because of this, there is no faith to be put in it.
This is most stupid question I came across so far. I see no reason, why I should not believe in fiat! Fiat is a government backed currency and also backed by a physical asset like gold. So it is the most reliable currency so far.
On the other hand bitcoin is an anonymous currency and backed only by human trust. People are believing in it and hence it is going strong. If people stops believing in bitcoin, the price will come down drastically. So if any such things happen for fiat currency, the respective government will step in and take measure to stop the falling price. So fiat is the most trusted currency.
On the other hand bitcoin is an anonymous currency and backed only by human trust. People are believing in it and hence it is going strong. If people stops believing in bitcoin, the price will come down drastically. So if any such things happen for fiat currency, the respective government will step in and take measure to stop the falling price. So fiat is the most trusted currency.
Yes I still believe in the bitcoin because it has a great future and will go to a higher amount without any doubts.
It will stay here for most of the time in my eyes.
It will stay here for most of the time in my eyes.
You surely not reading what this thread is all about.
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
I will always believing in fiat because im always using it everytime im selling or converting my profit bitcoin into fiat money and if there's an thing or there an website that i can use my bitcoin to buy anything i want then i don't need anymore to convert my bitcoin into fiat.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
As most suggestions I too believe in fiat, because it is not that easy to buy anything with bitcoin at the moment because only limited products were available in limited stores. With fiat can purchase anything we need after converting our bitcoin to fiat.
We don't have a choice but to believe fiat within these days because usage of bitcoin is still limited and not all the people knows about it. But once the whole government of the world started to recognize bitcoin and dumps totally paper money. Many of us will lose interest with fiat.
Yes I still believe in the bitcoin because it has a great future and will go to a higher amount without any doubts.
It will stay here for most of the time in my eyes.
It will stay here for most of the time in my eyes.
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
I will always believing in fiat because im always using it everytime im selling or converting my profit bitcoin into fiat money and if there's an thing or there an website that i can use my bitcoin to buy anything i want then i don't need anymore to convert my bitcoin into fiat.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
As most suggestions I too believe in fiat, because it is not that easy to buy anything with bitcoin at the moment because only limited products were available in limited stores. With fiat can purchase anything we need after converting our bitcoin to fiat.
Jump to: