Do you Still believe in Fiat? - page 45.

el kaka22

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Quote from: Berns on November 02, 2016, 01:56:17 PM

Quote from: Mastsetad on November 02, 2016, 01:43:05 PM

Quote from: bitdumper on November 02, 2016, 01:17:58 PM

yup i do. bitcoin are good as seen from the technical view but faint currency system have sone strong roots into the economy which gives them their first advantage that is te stability of their price which hardly changes in some years. they have huge amount of users and the faints are also used in multiple countrys too like usd

And even if a fiat is used just in one country it would still have great value among its users as they are being used from the time those countries are made so the users wont just accept something else in place of it or stop believing in it.

and I believe it. as without fiat. He was in our lives since childhood. It is a habit from which it is impossible to get rid of. Fiat protected by the government.

As per current scenario and bitcoin adoption rate, no one will be able to lead a life without fiats. Believing in to bitcoin will not demand us to leave off using fiats completely. To have a better life, we must have to keep both of them. Maybe in near future we will be getting more options for leading a life only with the bitcoins.

The_Dark_Knight

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Quote from: bhadz on October 31, 2016, 10:45:09 PM

Quote from: The_Dark_Knight on October 30, 2016, 11:26:24 AM

Quote from: passwordnow on October 28, 2016, 06:35:35 PM

Quote from: outatime1 on October 28, 2016, 06:23:15 PM

Governments are too tied to fiat to change any time soon. I think bitcoin can be used along with other payment methods like paypal in the future.

Because they used too it and have control in fiat,however I am still believing with fiat because that is the medium and currency for each country. Unless there would be one world government and one currency and for sure bitcoin is the one that will be used for it. If that day happens, I will not going to believe fiat anymore because all of us will be using bitcoin.

LOL, of course there is a plan to create one government and one currency but it’s very obvious that bitcoin is not going to be the chosen currency, since having one government is about control and such hypothetical government will not have control over bitcoin.

But that plan is not going to happen immediately and they must get the opinion of the people before implementing that. Because I believe that fiat money will still be used and people will keep on believing on it as they used to it since they were born in this world. So it is hard for them to shift immediately to a digital money.

You are correct in that, but you have it backwards, just look at the euro, they first created an artificial currency called the euro and after creating the single currency they have tried to strengthen the political union.

Berns

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Quote from: Mastsetad on November 02, 2016, 01:43:05 PM

Quote from: bitdumper on November 02, 2016, 01:17:58 PM

yup i do. bitcoin are good as seen from the technical view but faint currency system have sone strong roots into the economy which gives them their first advantage that is te stability of their price which hardly changes in some years. they have huge amount of users and the faints are also used in multiple countrys too like usd

And even if a fiat is used just in one country it would still have great value among its users as they are being used from the time those countries are made so the users wont just accept something else in place of it or stop believing in it.

and I believe it. as without fiat. He was in our lives since childhood. It is a habit from which it is impossible to get rid of. Fiat protected by the government.

Mastsetad

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Quote from: bitdumper on November 02, 2016, 01:17:58 PM

yup i do. bitcoin are good as seen from the technical view but faint currency system have sone strong roots into the economy which gives them their first advantage that is te stability of their price which hardly changes in some years. they have huge amount of users and the faints are also used in multiple countrys too like usd

And even if a fiat is used just in one country it would still have great value among its users as they are being used from the time those countries are made so the users wont just accept something else in place of it or stop believing in it.

Bitcoinsummoner

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Quote from: danherbias07 on November 02, 2016, 11:48:25 AM

Quote from: BrewMaster on November 02, 2016, 11:38:22 AM

Quote from: Sponsoredby15 on November 02, 2016, 10:49:32 AM

Quote from: Bitcoinpro on March 20, 2016, 05:44:23 PM

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

I always believe in fiat it's really accurate when i needed that the most where ialways exchange my bitcoin into fiat whenever i need money and i can easily sell my bitcoin too i would never hate fiat at all and i will continue using fiat for my purposes and for more future activities that i would do in the future.

we are kinda forced to believe in fiat whether we like it or not!

fiat is the currency that everybody has to use in their daily life for buying their daily needs. and the problems is that there is no escaping that...

bitcoin is challenging this, that is right but there is a long way to go from the day that we can actually see bitcoin be used as a currency everywhere.

True. Forced because of tradition, you really have no choice. Fiat have been in the life of humanity for a very long time since it was created. Well, it is not a problem. It made our life easier and more convenient. The paper which is so light and can be brought wherever you travel.

Its not a traditional. fiat are made by banks controlled by government they are choose local currency that we can use in the who country.
We need to believe in fiat because we are using it for our daily lives ..
http://positivemoney.org/how-money-works/how-banks-create-money/

bitdumper

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One world One currency, Bitcoin.

yup i do. bitcoin are good as seen from the technical view but faint currency system have sone strong roots into the economy which gives them their first advantage that is te stability of their price which hardly changes in some years. they have huge amount of users and the faints are also used in multiple countrys too like usd

log2exp

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Government jobs are where incompetent management meet lazy workers. That's what we get in terms of public services. Quality of services we receive various by the countries, but I believe it's the common behavior globally.

Is this sustainable long term?

danherbias07

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Quote from: BrewMaster on November 02, 2016, 11:38:22 AM

Quote from: Sponsoredby15 on November 02, 2016, 10:49:32 AM

Quote from: Bitcoinpro on March 20, 2016, 05:44:23 PM

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

I always believe in fiat it's really accurate when i needed that the most where ialways exchange my bitcoin into fiat whenever i need money and i can easily sell my bitcoin too i would never hate fiat at all and i will continue using fiat for my purposes and for more future activities that i would do in the future.

we are kinda forced to believe in fiat whether we like it or not!

fiat is the currency that everybody has to use in their daily life for buying their daily needs. and the problems is that there is no escaping that...

bitcoin is challenging this, that is right but there is a long way to go from the day that we can actually see bitcoin be used as a currency everywhere.

True. Forced because of tradition, you really have no choice. Fiat have been in the life of humanity for a very long time since it was created. Well, it is not a problem. It made our life easier and more convenient. The paper which is so light and can be brought wherever you travel.

BrewMaster

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There is trouble abrewing

Quote from: Sponsoredby15 on November 02, 2016, 10:49:32 AM

Quote from: Bitcoinpro on March 20, 2016, 05:44:23 PM

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

I always believe in fiat it's really accurate when i needed that the most where ialways exchange my bitcoin into fiat whenever i need money and i can easily sell my bitcoin too i would never hate fiat at all and i will continue using fiat for my purposes and for more future activities that i would do in the future.

we are kinda forced to believe in fiat whether we like it or not!

fiat is the currency that everybody has to use in their daily life for buying their daily needs. and the problems is that there is no escaping that...

bitcoin is challenging this, that is right but there is a long way to go from the day that we can actually see bitcoin be used as a currency everywhere.

Sponsoredby15

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Activity: 644

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Quote from: Bitcoinpro on March 20, 2016, 05:44:23 PM

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

I always believe in fiat it's really accurate when i needed that the most where ialways exchange my bitcoin into fiat whenever i need money and i can easily sell my bitcoin too i would never hate fiat at all and i will continue using fiat for my purposes and for more future activities that i would do in the future.

bitbunnny

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WOLF.BET - Provably Fair Crypto Casino

I have to believe in fiat whether I like it or not because stil I become my salary in fiat and pay my bills in fiat too. Bitcoin is realy revolutionary thing because it has changed the finances forever but stil can't replace the fiat and we all stil depend on it. It remains to see what the future will bring us.

gabmen

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Quote from: goldcoinminer on November 02, 2016, 04:32:50 AM

Quote from: icecube45 on November 02, 2016, 03:32:10 AM

Quote from: groll on November 02, 2016, 02:16:42 AM

Of course i believe in fiat because it's the one I'm using to buy my necessities. I buy food, clothing, and pay bills through fiat currency. Bitcoins is now changing the world's traditional trade and industry but I still believe in fiat for it is still the one that is being used by the majority of people.

Yes indeed fiat it is appropriate to be used for the payment directly because it is easier and faster when dealing with fiat. I myself still trust fiat as currency because fiat will never disappear. Fiat also includes the identity of a country's economy is very important so that the function fiat.

No one in this world will live without fiat so it simply said that we believe in fiat. All of the expenses required us to pay in fiat and even by using bitcoin we still need fiat to buy and sell it. We can only use our bitcoin in a limited way in the internet and I believe fiat and bitcoin is good way to fast track our transaction in life.

Yeah all of us would agree about the importance of fiat in our daily lives. Everything we do financially pretty much revolves around fiat. Bitcoin is a good alternative although right now fiat is still a necessity and we can't do without it for now

Aamir1

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Quote from: n0ne on November 02, 2016, 05:39:15 AM

Fiat is always important and people continue to believe fiat much than any other currency. This is because of the way fiat got developed, its backing and ease of usage directly and indirectly. In my view whatever form currency gets evolved fiat continues to move as a competitor.

Well it is surely believed all over the world still as there is no other system announced to the complete world yet which could replace it or make them not believe in it, bitcoin can be that thing but it is still too new, maybe in future it will take over the monitory system and make it digital, who knows.

n0ne

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Fiat is always important and people continue to believe fiat much than any other currency. This is because of the way fiat got developed, its backing and ease of usage directly and indirectly. In my view whatever form currency gets evolved fiat continues to move as a competitor.

goldcoinminer

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Quote from: icecube45 on November 02, 2016, 03:32:10 AM

Quote from: groll on November 02, 2016, 02:16:42 AM

Of course i believe in fiat because it's the one I'm using to buy my necessities. I buy food, clothing, and pay bills through fiat currency. Bitcoins is now changing the world's traditional trade and industry but I still believe in fiat for it is still the one that is being used by the majority of people.

Yes indeed fiat it is appropriate to be used for the payment directly because it is easier and faster when dealing with fiat. I myself still trust fiat as currency because fiat will never disappear. Fiat also includes the identity of a country's economy is very important so that the function fiat.

No one in this world will live without fiat so it simply said that we believe in fiat. All of the expenses required us to pay in fiat and even by using bitcoin we still need fiat to buy and sell it. We can only use our bitcoin in a limited way in the internet and I believe fiat and bitcoin is good way to fast track our transaction in life.

icecube45

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Quote from: groll on November 02, 2016, 02:16:42 AM

Of course i believe in fiat because it's the one I'm using to buy my necessities. I buy food, clothing, and pay bills through fiat currency. Bitcoins is now changing the world's traditional trade and industry but I still believe in fiat for it is still the one that is being used by the majority of people.

Yes indeed fiat it is appropriate to be used for the payment directly because it is easier and faster when dealing with fiat. I myself still trust fiat as currency because fiat will never disappear. Fiat also includes the identity of a country's economy is very important so that the function fiat.

groll

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Of course i believe in fiat because it's the one I'm using to buy my necessities. I buy food, clothing, and pay bills through fiat currency. Bitcoins is now changing the world's traditional trade and industry but I still believe in fiat for it is still the one that is being used by the majority of people.

alien161016

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though the national currencies of almost all countries suffer inflation, but to say that Fiat can not be dead. This currency will be used for a long time yet. Cryptocurrency not be able to fully replace

Mastsetad

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Quote from: Barbut on October 30, 2016, 04:17:24 AM

Who still believe in fiat, here on this forum people mostly believe that blockchain will make revolution in current global monetary system. I also share their opinion about that. Fiat had a chance to make this world better, instead of that we have so many criminal activities made in history, and in this moment, with that fiat. Countries are making inflation, manipulations, list is endless with wrong things made with help of fiat to make people lose everything. Bitcoin maybe make some things better at least I believe in that, and fiat for me is something old and bad and we need to get rid of that as quickly as possible.

I want to disagree with you on that, because bad actions does not represent the goodness or badness of fiat or bitcoin, even bitcoin is involved in criminal activities and fiat is still not anonymous like bitcoin so if such a thing is done with bitcoins it is impossible for anyone to even come to know about it.

tunctioncloud

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I still believe in fiat, but not for some kind of divine mission as Bitcoin, but rather to buy pastas Tongue

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