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Topic: Do you Still believe in Fiat? - page 51. (Read 75146 times)

sr. member
Activity: 254
Merit: 250
October 04, 2016, 02:40:07 PM
Centralized currency still fulfills its functions and has value. From it you can not just give up. She will long be the usual payment system
full member
Activity: 142
Merit: 100
September 07, 2016, 06:35:06 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 still believe in fiat where we can easily do some trading activities but to do some gambling also but for me fiat is more important because we can exchange our bitcoin so that we can use it on buying some randome staff on internet that we can use it on our daily living i love trading also where i can easily grow my bitcoin
i also have a feeling and i really hope that fiat is going to recover in the future, and i hope that bitcoin will be around too
member
Activity: 70
Merit: 10
September 05, 2016, 09:10:10 AM
Well, I do not think fiat could increase its value in the near future. If we look well at it, the chart is as quite stable as it used to be many years ago. There is no major pump and dump going on in fiat money, compared to bitcoin. However, we still do need fiat in our real lifes, as we have to pay our bills.
sr. member
Activity: 462
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
September 05, 2016, 08:34:47 AM
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 still believe in fiat where we can easily do some trading activities but to do some gambling also but for me fiat is more important because we can exchange our bitcoin so that we can use it on buying some randome staff on internet that we can use it on our daily living i love trading also where i can easily grow my bitcoin
actually i dont believe in fiat anymore, i know right now that it is a really bad thing the whole system with banks so i hope that it will be replaced in the future
newbie
Activity: 6
Merit: 0
September 04, 2016, 06:02:56 PM
i really dont believe in it, im pretty sure that only bitcoins will have a future for sure
legendary
Activity: 1134
Merit: 1598
September 04, 2016, 06:00:16 PM
Yeah.. I even prefer it over BTC because it's physically real, not just a number on a screen.
hero member
Activity: 644
Merit: 500
September 04, 2016, 05:58:20 PM
Most of people here believe still in fiat because most of us use fiat for most of the things that we buy and sell. Bitcoin is a good way to spend online and to trade with people that do not accept paypal or any other kind of payment, I'm happy that I'm using bitcoin and I believe that bitcoin has more potential to be used in other things that currently is not available unless we use third party services.

Bitcoin also have the ability to do shop with , you can see a lot of places on internet where you can pay with bitcoin for any purchase, especially look at shopawl and purse, where you can buy stuffs from ebay and amazon.
hero member
Activity: 798
Merit: 1000
September 04, 2016, 05:39:58 PM
Most of people here believe still in fiat because most of us use fiat for most of the things that we buy and sell. Bitcoin is a good way to spend online and to trade with people that do not accept paypal or any other kind of payment, I'm happy that I'm using bitcoin and I believe that bitcoin has more potential to be used in other things that currently is not available unless we use third party services.
legendary
Activity: 2436
Merit: 1008
September 02, 2016, 11:25:44 AM
I still believe in fiat where we can easily do some trading activities but to do some gambling also but for me fiat is more important because we can exchange our bitcoin so that we can use it on buying some randome staff on internet that we can use it on our daily living i love trading also where i can easily grow my bitcoin

Fiat has it's own role in the economy today and for some average person in the world.

Since it can be used for physical transactions without a hassle one, it's too early to just disrupt the idea of using fiat. In bitcoin, the good thing is, it is really useful when it comes to online transaction since no doubt that it is more convenient compare to fiat online transaction.

Fiat = Physical Transaction
Bitcoin = Online Transaction
hero member
Activity: 910
Merit: 500
September 02, 2016, 11:01:01 AM
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 still believe in fiat where we can easily do some trading activities but to do some gambling also but for me fiat is more important because we can exchange our bitcoin so that we can use it on buying some randome staff on internet that we can use it on our daily living i love trading also where i can easily grow my bitcoin
hero member
Activity: 1008
Merit: 540
September 02, 2016, 08:57:06 AM
Yes it helps to buy coins Wink
Yeah bitcoin can help us into that because if you don't believe in fiat what are you going to do to grow your bitcoin for me i believing in fiat so that i can use my bitcoin to trade so can easily grow my bitcoin even its slow or i can't get too much there but atleast i have coins or etc to do
hero member
Activity: 686
Merit: 500
September 02, 2016, 08:34:26 AM
In fact we have to use fiat in our daily life and it doesn't matter we believe in it or not, bitcoin is not very popular in all part of the world so we have to convert it into fiat to buy stuff for our life, but I believe when it will grow more bigger than we will use it like fiat.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
September 02, 2016, 08:30:45 AM
Of course I believe in fiat!
 Is there someone who does not believe their local currency? Lol
All of us used fiat in our everyday lives. We used it for our daily transactions.


for nowadays, yes we still believe in fiat, because we buy stuff and product still use fiat and we buy bitcoin with fiat too. but in future, maybe fiat will be replace with bitcoin or maybe fiat and bitcoin will be know as currency and investment in long term.
full member
Activity: 140
Merit: 100
Pesobit, Simple Yet Useful Coin
September 02, 2016, 07:06:19 AM
Of course I believe in fiat!
 Is there someone who does not believe their local currency? Lol
All of us used fiat in our everyday lives. We used it for our daily transactions.
legendary
Activity: 840
Merit: 1000
September 02, 2016, 06:26:50 AM
I still believe in fiat because this is what most people are still using nowadays. Though most of the transaction are still online, there are still people who will prefer fiat because it is much simpler and people are used to it. Many thinks that technology is complicated and sometimes you still need to understand how it works and some people just don't want to learn anything new especially those in the previous generations.

There is nothing bad to use bitcoin and also fiat, both of them are perfect but because we like more bitcoin we should not have fiat but even though we use fiat for everyday use, bitcoin has it own place in our finance.
sr. member
Activity: 476
Merit: 250
September 02, 2016, 06:25:11 AM
Lol wat??

You don't have to believe in fiat, it exists and it works for day to day transactions.  Don't know about its future.
well i think he asks whether you believe that it has a future and i really doubt that because in my opinion bitcoins are going to take over soon
I think bitcoin will have a bright future that's just my prediction? see the future of bitcoin depends on the user. and users themselves grow very well
sr. member
Activity: 616
Merit: 252
September 02, 2016, 05:43:24 AM
I still believe in fiat because this is what most people are still using nowadays. Though most of the transaction are still online, there are still people who will prefer fiat because it is much simpler and people are used to it. Many thinks that technology is complicated and sometimes you still need to understand how it works and some people just don't want to learn anything new especially those in the previous generations.
legendary
Activity: 2170
Merit: 1427
September 02, 2016, 05:42:08 AM
I use fiat. Correction, everybody uses fiat. Do i believe in fiat? do you mean to ask me that I believe fiat to hold the value of my investment? NO! because we all know that inflation is just eating into all currencies and it's investments like stocks, properties and crypto currencies that offer better opportunities to growth your wealth and to counter inflation.

But even after saying this, I believe fiat will stay here for a while and people will keep using it. And this debt thing is just the way the world is going to work. It's not easy to break out of it and even if people starts adopting bitcoin or any other cryptos, debt will be there and "debt" is the weapon wise and cunning people use to control other common people.

Quite a few people think because of the fact that they are using fiat, that they also believe in it. How can you believe in something that is decreasing the value of your wealth. It's that people don't care about this, or simply don't know that it is actually happening. That I find very worrying.
legendary
Activity: 1792
Merit: 1283
September 02, 2016, 05:32:59 AM
Yes, i do. I believe in fiat because i'm using fiat everyday and every people around the world also using fiat. So why you still not believe in fiat ? Fiat is a legal currency though.

each people now using fiat, because bitcoin still not a famous , maybe in future after people using bitcoin, people will leave fiat and using bitcoin as normal currency
The biggest thing that has to happen is a shake-up of the normal way of life for enough people (namely an economic collapse) which will get people questioning the money that they have will drive more people to explore more options and Bitcoins is one of the more prominent choices that currently exist. People leaving fiar would be a huge blow to the banks and governments, and using Bitcoin as a normal currency would definitely be something a lot of people and places would consider.
That is far from happening because fiat is more stable than bitcoin, if there is an economic collapse which will not happen, of course other ally countries are their to help a certain country through donations or a loan to fix the problem.
You would have been right ifnyou had just said that X form of fiat is nore stable than Bitcoin, such as the Euro of Dollar even.
But you can just say that all fiat currency is nore stable.

Just look at what happened to Zimbabwe or Venezuela, can't say that they have the most stable fiat currency.
hero member
Activity: 924
Merit: 505
September 02, 2016, 04:54:40 AM
Sure I believe in fiat money becuase this with us and it will not be replaced by bitcoin . The fiat was used to buy different things or eat . So fiat important to all of us . And I continue to believe it and when it does not disappear because of the number of people using it is not simply substitute people continue to believe that the fiat indefinitely .
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