Topic: Do you Still believe in Fiat? - page 46. (Read 75164 times)
Fiat will continue to be with us until the world comes to the end. The convenience that fiat gives will make it stay for a long time. My fear is that the other forms of currency (electronic/crypto) depend on technology which can fail in one way or another. What is made by man is bound to have some flaws therefore technology can not be 100% sure. Just in case, there is a small failure, the whole world will come to a standstill. but with fiat, transactions will continue as normal.
Definitely yes I believe in fiat. I love bitcoin because this is the way I
earn, gives me passive income. When I had already bitcoin I still
convert in fiat. In fiat, this gives me daily needs, daily food when I
buy my needs.
earn, gives me passive income. When I had already bitcoin I still
convert in fiat. In fiat, this gives me daily needs, daily food when I
buy my needs.
Honestly i trust more in fiat at this point. I do believe in bitcoin but I believe that fiat money is the one that i need at this point. This is the reason why I am converting my bitcoin to fiat money if i gathered enough. I can't buy my daily food with bitcoin but with fiat money i have no problem in transaction regarding this kind of stuff.
Its an fact that fiat money is more important for us at this stage as bitcoin is not too popular at a moment and there are not many places where we can use it directly to buy anything so the only option left for us is to exchange our bitcoins to fiat for buying stuffs and I think even in future bitcoin will always be dependent on fiat too.absolutely very few stores that accept bitcoin, for my country just in 1 town yet in another city might be the future of the bitcoin will develop at other stores, too
Of course, I still believe fiat because not all countries make payments online, perhaps for industrialized countries have rarely used fiat but what about developing countries? If I did not believe Fiat, how can I buy something in the countries or some people call it currency local.
All I can say is that I still believe in fiat. I still believe in it like how I believe in bitcoin. I said it since I use fiat currency in my daily life for transactions offline. I still continue to use it to buy myself foods, drinks and many more. I also always convert my bitcoin to fiat, and that's the main reason why I said that I still believe in fiat, since I just convert some of my bitcoins into fiat.
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i still do believe in fiat because for now, fiat is still using in my country especially to buy something and there is far away to use bitcoin in real life in my town. but for the online, there many website from my people that offering people to use their bitcoin to buy something.
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.
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.
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.
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.
Honestly i trust more in fiat at this point. I do believe in bitcoin but I believe that fiat money is the one that i need at this point. This is the reason why I am converting my bitcoin to fiat money if i gathered enough. I can't buy my daily food with bitcoin but with fiat money i have no problem in transaction regarding this kind of stuff.
Its an fact that fiat money is more important for us at this stage as bitcoin is not too popular at a moment and there are not many places where we can use it directly to buy anything so the only option left for us is to exchange our bitcoins to fiat for buying stuffs and I think even in future bitcoin will always be dependent on fiat too. 
I believe in fiat. And actively use this currency. A kriprovalyutu use for investment. In fact, it will still be living Fiat.
Honestly i trust more in fiat at this point. I do believe in bitcoin but I believe that fiat money is the one that i need at this point. This is the reason why I am converting my bitcoin to fiat money if i gathered enough. I can't buy my daily food with bitcoin but with fiat money i have no problem in transaction regarding this kind of stuff.
Yes, I still believe in fiat. I even believe that it will remain in the next years as our main method of paying someone. Try going outside and asking a stranger about bitcoin, he/she would either be crept out or would just simply say "No". The chance of you finding a fellow bitcoiner is extremely low.
The same goes for the shops out there. When you ask them if they accept bitcoin, most of them would say no. There might be some shop owners that knows bitcoin but it's very likely that he's not accepting it in his shop as payment.
Even if it seem that there's a lot of bitcoiner because of the population of this forum, it's still hard to find one in real life. Fiat is still essential in our lives because it's the primary way of paying people in our daily lives.
The same goes for the shops out there. When you ask them if they accept bitcoin, most of them would say no. There might be some shop owners that knows bitcoin but it's very likely that he's not accepting it in his shop as payment.
Even if it seem that there's a lot of bitcoiner because of the population of this forum, it's still hard to find one in real life. Fiat is still essential in our lives because it's the primary way of paying people in our daily lives.
We should believe in fiat i believe in there not because im earning and where i can exchange my bitcoin into real money or something i need sometimes i have need to buy a new items to use every day and every one is still using fiat and it will continue using it in the future.
We are bound to believe in fiat, i.e.; paper money...
Without it, currently you cannot do anything, not even buy bitcoins as it needs fiat as an alternative for its valuation...
Without it, currently you cannot do anything, not even buy bitcoins as it needs fiat as an alternative for its valuation...
Fiat money is obsolete. It is useful until it's not.
Firstly everybody till now is using fiat and in future as well will use it. May be if bitcoin goes streamline in coming time then the fiat may reduce but still will remain. Or if bitcoin goes out or something better comes up then as well fiat will be there.
I think majority if not all would say that they still believe in fiat. Try living only on bitcoin and see how far it can take you without any use of the fiat. That's how important fiat still is and will be for the foreseeable future. Bitcoin would rise and fall and be know more in the future but fiat will be fiat and we have to live with that.
As for me and my cat, we don't have to believe in fiat. We think that the question itself is pretty much meaningless. Fiat is not wealth, it is only a means of payment, a tool for obtaining (exchanging) value, not the value itself. If we regard money as that and only that (i.e. an intermediary in the exchange of values), we wouldn't have serious issues with trusting or not trusting it simply because we would get rid of it as soon it gets into our hands, irrespective of whether we trust it or not...
That is to say, in God we trust, all others must pay cash
Of course I believe in fiat. This system has long existed and will exist for a long time. We can use Bitcoin, but without Fiat has not yet learned to live
certainly the most trustworthy fiat, fiat there are already hundreds of years ago and is used and recognized by the government, so you do not need to hesitate with fiat 
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.
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