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Topic: Do you Still believe in Fiat? - page 42. (Read 75164 times)

hero member
Activity: 532
Merit: 500
November 20, 2016, 03:33:29 AM
Unfortunately we stil can't rely just on Bitcoins. Fiat is stil the full part of our lifes, we get paycheks in fiat so we have to beleive in it. Maybe things will change with the time and fiat money will not be so important. But this is stil distant future.
in fact in most of the area bitcoin is still not so much popular and specially in those areas and specially the shopkeepers have do not have knowledge about bitcoin as in my area most of the shopkeepers are illiterate and they do not have sound knowledge about computer and internet therefore they are not ready to accept bitcoin from the customers for shopping.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
November 19, 2016, 08:34:08 PM
Unfortunately we stil can't rely just on Bitcoins. Fiat is stil the full part of our lifes, we get paycheks in fiat so we have to beleive in it. Maybe things will change with the time and fiat money will not be so important. But this is stil distant future.
That's true, we cannot live without fiat. We maybe have millions of value in bitcoin but our daily life to survive requires us to  use fiat.

Why not have the two, instead.
hero member
Activity: 658
Merit: 505
November 19, 2016, 02:38:47 PM
Unfortunately we stil can't rely just on Bitcoins. Fiat is stil the full part of our lifes, we get paycheks in fiat so we have to beleive in it. Maybe things will change with the time and fiat money will not be so important. But this is stil distant future.
sr. member
Activity: 299
Merit: 250
November 19, 2016, 12:58:10 PM
I believe in the Fiat. Yes, this currency is not as valuable as the Bitcoin. But I realize the purchase was for a centralized currency. It will still be used for a long time
you are right that fiat is long time useful currrency because we can be used fiat for direct shopping in local shopping mall and i also think that fiat will be survive for always and it will be never finish.
It survives as long as a government survives. The fiat experiment has been mainly performed over the last century, since we left the gold standard and look towards other forms of money, in this case fiat. Fiat money is a rare occurrence throughout history, and hasn't really worked from what we see. Fiat will exist only as long as the empires that issue it.

I don't really agree that fiat is not as valuable as bitcoin. With how people depend on fiat, right now it's value is not on the same level as bitcoin or any crypto. Fiat is a necessity and is being used pretty much by all as not everyone can have access to crypto
yes to me also fiat still not lost its value, as still majority of the people are still using fiat as 1% of people still do not know about bitcoin, therefore fiat still cannot lose its importance.
Exactly, majority of the people are still using fiat and even the whales in bitcoin are still using it. Bitcoin is just something we can use for online transaction but if you try to see the big picture, it will not exist without fiat. When fiat is down, it's affected.

The bitcoin transaction speed is too slow now. Not many people will use it in daily transactions in the near future.
hero member
Activity: 952
Merit: 500
November 17, 2016, 11:24:05 PM
I believe in the Fiat. Yes, this currency is not as valuable as the Bitcoin. But I realize the purchase was for a centralized currency. It will still be used for a long time
you are right that fiat is long time useful currrency because we can be used fiat for direct shopping in local shopping mall and i also think that fiat will be survive for always and it will be never finish.
It survives as long as a government survives. The fiat experiment has been mainly performed over the last century, since we left the gold standard and look towards other forms of money, in this case fiat. Fiat money is a rare occurrence throughout history, and hasn't really worked from what we see. Fiat will exist only as long as the empires that issue it.

I don't really agree that fiat is not as valuable as bitcoin. With how people depend on fiat, right now it's value is not on the same level as bitcoin or any crypto. Fiat is a necessity and is being used pretty much by all as not everyone can have access to crypto
yes to me also fiat still not lost its value, as still majority of the people are still using fiat as 1% of people still do not know about bitcoin, therefore fiat still cannot lose its importance.
Exactly, majority of the people are still using fiat and even the whales in bitcoin are still using it. Bitcoin is just something we can use for online transaction but if you try to see the big picture, it will not exist without fiat. When fiat is down, it's affected.
sr. member
Activity: 462
Merit: 250
November 17, 2016, 02:30:40 PM
I believe in the Fiat. Yes, this currency is not as valuable as the Bitcoin. But I realize the purchase was for a centralized currency. It will still be used for a long time
you are right that fiat is long time useful currrency because we can be used fiat for direct shopping in local shopping mall and i also think that fiat will be survive for always and it will be never finish.
It survives as long as a government survives. The fiat experiment has been mainly performed over the last century, since we left the gold standard and look towards other forms of money, in this case fiat. Fiat money is a rare occurrence throughout history, and hasn't really worked from what we see. Fiat will exist only as long as the empires that issue it.

I don't really agree that fiat is not as valuable as bitcoin. With how people depend on fiat, right now it's value is not on the same level as bitcoin or any crypto. Fiat is a necessity and is being used pretty much by all as not everyone can have access to crypto
yes to me also fiat still not lost its value, as still majority of the people are still using fiat as 1% of people still do not know about bitcoin, therefore fiat still cannot lose its importance.
sr. member
Activity: 336
Merit: 250
November 17, 2016, 01:57:53 PM
I believe in the Fiat. Yes, this currency is not as valuable as the Bitcoin. But I realize the purchase was for a centralized currency. It will still be used for a long time
you are right that fiat is long time useful currrency because we can be used fiat for direct shopping in local shopping mall and i also think that fiat will be survive for always and it will be never finish.
It survives as long as a government survives. The fiat experiment has been mainly performed over the last century, since we left the gold standard and look towards other forms of money, in this case fiat. Fiat money is a rare occurrence throughout history, and hasn't really worked from what we see. Fiat will exist only as long as the empires that issue it.

I don't really agree that fiat is not as valuable as bitcoin. With how people depend on fiat, right now it's value is not on the same level as bitcoin or any crypto. Fiat is a necessity and is being used pretty much by all as not everyone can have access to crypto

Fiat is more valuable than bitcoin. Always look from where you came from.
Exactly, very short statement but true. Fiat is something that we are using in a daily basis and although bitcoin is now getting popular but as not as popular as fiat. Bitcoin will not survive without fiat for sure.

Fiat won't get out of usage, even when bitcoin or other digital currencies get more popularized. Fiat is the basic for all the financial structure. It has relation to most other networks and gets used at some corner of the world even if the entire world gets into the digital trend.

 Yes, undeed true!fiat will continouesly use by all people. Fiat is a currency that the government establish it regulation and law. What if we are all using digital money, although it has low cost of fee, still there was a disavantages of using digital money. Fiat will never be replaced because almost all people are using fiat so how can it be replaced?
full member
Activity: 210
Merit: 100
November 17, 2016, 11:40:41 AM
I strongly  believe on fiat  no matter what  because we are dependent on  it  on  daily basis and we cant survive  if  theres  no fiat after all.  Bitcoin is  a  digital currency and  even  though how  bitcoin would   be succesful there  no  chance that  it  would replace fiat anytime soon.  I strongly believe  on fiat.
Yes, I myself will continue to trust fiat. Because fiat virtually impossible to eliminate. I believe bitcoin will be successful but will not affect fiat because bitcoin will only be successful in the digital currency. Fiat will continue to be used because I think it is too perfect to use in reality and the identity of the country's economy.
We don't have any option yet to meet daily needs without using fiat, it's legal and official payment that everyone used in every country.
During the process of bitcoin become an acceptable payment in every section of our life, we have to use fiat doesn't mean I really trust it as the value constantly decline due to inflation.

I believe in fiat. Though I do not like the fact that it is impaired and kogtroliruetsya from the government. But at the moment, life without it is impossible. That is why we have to use a centralized currency
hero member
Activity: 644
Merit: 500
November 17, 2016, 11:37:58 AM
Crypto will definitely replace fiat 20 -30 years from now. I am not saying this because I want to make profit, I've been observing the trends.

Wow that's a good observation. Yeah it may take these years to replace it.. but before it happens definitely bitcoins should be introduced worldwide and all people in the world should be using cryptocurrency including people who are located in remote areas such as mountains or islands.. that is why it's really hard to tell if this is going to happen because it will take a lot of work.
hero member
Activity: 1036
Merit: 514
November 17, 2016, 10:05:58 AM
I strongly  believe on fiat  no matter what  because we are dependent on  it  on  daily basis and we cant survive  if  theres  no fiat after all.  Bitcoin is  a  digital currency and  even  though how  bitcoin would   be succesful there  no  chance that  it  would replace fiat anytime soon.  I strongly believe  on fiat.
Yes, I myself will continue to trust fiat. Because fiat virtually impossible to eliminate. I believe bitcoin will be successful but will not affect fiat because bitcoin will only be successful in the digital currency. Fiat will continue to be used because I think it is too perfect to use in reality and the identity of the country's economy.
We don't have any option yet to meet daily needs without using fiat, it's legal and official payment that everyone used in every country.
During the process of bitcoin become an acceptable payment in every section of our life, we have to use fiat doesn't mean I really trust it as the value constantly decline due to inflation.
sr. member
Activity: 336
Merit: 250
November 17, 2016, 10:01:05 AM
I believe in the Fiat. Yes, this currency is not as valuable as the Bitcoin. But I realize the purchase was for a centralized currency. It will still be used for a long time
you are right that fiat is long time useful currrency because we can be used fiat for direct shopping in local shopping mall and i also think that fiat will be survive for always and it will be never finish.
It survives as long as a government survives. The fiat experiment has been mainly performed over the last century, since we left the gold standard and look towards other forms of money, in this case fiat. Fiat money is a rare occurrence throughout history, and hasn't really worked from what we see. Fiat will exist only as long as the empires that issue it.

I don't really agree that fiat is not as valuable as bitcoin. With how people depend on fiat, right now it's value is not on the same level as bitcoin or any crypto. Fiat is a necessity and is being used pretty much by all as not everyone can have access to crypto

Fiat is more valuable than bitcoin. Always look from where you came from.
Exactly, very short statement but true. Fiat is something that we are using in a daily basis and although bitcoin is now getting popular but as not as popular as fiat. Bitcoin will not survive without fiat for sure.

Fiat won't get out of usage, even when bitcoin or other digital currencies get more popularized. Fiat is the basic for all the financial structure. It has relation to most other networks and gets used at some corner of the world even if the entire world gets into the digital trend.

 Yes, undeed true!fiat will continouesly use by all people. Fiat is a currency that the government establish it regulation and law. What if we are all using digital money, although it has low cost of fee, still there was a disavantages of using digital money.
sr. member
Activity: 252
Merit: 250
November 17, 2016, 07:58:00 AM
Crypto will definitely replace fiat 20 -30 years from now. I am not saying this because I want to make profit, I've been observing the trends.
hero member
Activity: 854
Merit: 500
November 17, 2016, 07:18:54 AM
Yes, I believe in fiat but I think that fiat money will be replaced by crypto next 5-10 years.
if it's happen all our money will be replace with a different crypto currency right ? which be called digital currency ? im also looking forward on it. haha. but it's still a long time to wait. so im gonna save all my income and invest in different things before that time comes. I hope that many people gonna invest more in bitcoin . so it will grow more.
legendary
Activity: 2646
Merit: 1106
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November 17, 2016, 01:37:43 AM
I believe in the Fiat. Yes, this currency is not as valuable as the Bitcoin. But I realize the purchase was for a centralized currency. It will still be used for a long time
you are right that fiat is long time useful currrency because we can be used fiat for direct shopping in local shopping mall and i also think that fiat will be survive for always and it will be never finish.
It survives as long as a government survives. The fiat experiment has been mainly performed over the last century, since we left the gold standard and look towards other forms of money, in this case fiat. Fiat money is a rare occurrence throughout history, and hasn't really worked from what we see. Fiat will exist only as long as the empires that issue it.

I don't really agree that fiat is not as valuable as bitcoin. With how people depend on fiat, right now it's value is not on the same level as bitcoin or any crypto. Fiat is a necessity and is being used pretty much by all as not everyone can have access to crypto

Fiat is more valuable than bitcoin. Always look from where you came from.
Exactly, very short statement but true. Fiat is something that we are using in a daily basis and although bitcoin is now getting popular but as not as popular as fiat. Bitcoin will not survive without fiat for sure.

Fiat won't get out of usage, even when bitcoin or other digital currencies get more popularized. Fiat is the basic for all the financial structure. It has relation to most other networks and gets used at some corner of the world even if the entire world gets into the digital trend.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
November 07, 2016, 07:53:57 AM
I believe in the Fiat. Yes, this currency is not as valuable as the Bitcoin. But I realize the purchase was for a centralized currency. It will still be used for a long time
you are right that fiat is long time useful currrency because we can be used fiat for direct shopping in local shopping mall and i also think that fiat will be survive for always and it will be never finish.
It survives as long as a government survives. The fiat experiment has been mainly performed over the last century, since we left the gold standard and look towards other forms of money, in this case fiat. Fiat money is a rare occurrence throughout history, and hasn't really worked from what we see. Fiat will exist only as long as the empires that issue it.

I don't really agree that fiat is not as valuable as bitcoin. With how people depend on fiat, right now it's value is not on the same level as bitcoin or any crypto. Fiat is a necessity and is being used pretty much by all as not everyone can have access to crypto

Fiat is more valuable than bitcoin. Always look from where you came from.
Exactly, very short statement but true. Fiat is something that we are using in a daily basis and although bitcoin is now getting popular but as not as popular as fiat. Bitcoin will not survive without fiat for sure.
newbie
Activity: 32
Merit: 0
November 07, 2016, 06:52:02 AM
I believe in the Fiat. Yes, this currency is not as valuable as the Bitcoin. But I realize the purchase was for a centralized currency. It will still be used for a long time
you are right that fiat is long time useful currrency because we can be used fiat for direct shopping in local shopping mall and i also think that fiat will be survive for always and it will be never finish.
It survives as long as a government survives. The fiat experiment has been mainly performed over the last century, since we left the gold standard and look towards other forms of money, in this case fiat. Fiat money is a rare occurrence throughout history, and hasn't really worked from what we see. Fiat will exist only as long as the empires that issue it.

I don't really agree that fiat is not as valuable as bitcoin. With how people depend on fiat, right now it's value is not on the same level as bitcoin or any crypto. Fiat is a necessity and is being used pretty much by all as not everyone can have access to crypto

Fiat is more valuable than bitcoin. Always look from where you came from.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
November 07, 2016, 06:49:29 AM
I believe in the Fiat. Yes, this currency is not as valuable as the Bitcoin. But I realize the purchase was for a centralized currency. It will still be used for a long time
you are right that fiat is long time useful currrency because we can be used fiat for direct shopping in local shopping mall and i also think that fiat will be survive for always and it will be never finish.
It survives as long as a government survives. The fiat experiment has been mainly performed over the last century, since we left the gold standard and look towards other forms of money, in this case fiat. Fiat money is a rare occurrence throughout history, and hasn't really worked from what we see. Fiat will exist only as long as the empires that issue it.

I don't really agree that fiat is not as valuable as bitcoin. With how people depend on fiat, right now it's value is not on the same level as bitcoin or any crypto. Fiat is a necessity and is being used pretty much by all as not everyone can have access to crypto
hero member
Activity: 490
Merit: 520
November 06, 2016, 06:27:02 PM
I believe in the Fiat. Yes, this currency is not as valuable as the Bitcoin. But I realize the purchase was for a centralized currency. It will still be used for a long time
you are right that fiat is long time useful currrency because we can be used fiat for direct shopping in local shopping mall and i also think that fiat will be survive for always and it will be never finish.
It survives as long as a government survives. The fiat experiment has been mainly performed over the last century, since we left the gold standard and look towards other forms of money, in this case fiat. Fiat money is a rare occurrence throughout history, and hasn't really worked from what we see. Fiat will exist only as long as the empires that issue it.
full member
Activity: 224
Merit: 100
November 06, 2016, 06:21:21 PM
I believe in the Fiat. Yes, this currency is not as valuable as the Bitcoin. But I realize the purchase was for a centralized currency. It will still be used for a long time
you are right that fiat is long time useful currrency because we can be used fiat for direct shopping in local shopping mall and i also think that fiat will be survive for always and it will be never finish.
sr. member
Activity: 504
Merit: 250
November 06, 2016, 02:03:34 PM
I believe in the Fiat. Yes, this currency is not as valuable as the Bitcoin. But I realize the purchase was for a centralized currency. It will still be used for a long time
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