Do you Still believe in Fiat? - page 61.

n691309

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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 can't leave fiat or maybe fiat can't leave us and join another currency like bitcoin, because 'they' print endless money, people should invest in many things to get back their money and the profit and just holding the fiat money means that its value is decreasing because of the inflation.

tampazeus

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Lick me like a lolipop

Quote from: PhilPrime on July 21, 2016, 04:55:04 PM

Of course i believe in fiat. We use it for a long time and it works. So stop thinking that fiat is not good because we all use it and the effect as of now is clear. Fiat is stable.

Most of the people are dependent on fiat for living as they are earning it in the form of salary and they find it easy to use it as fiat is accepted everywhere.

PhilPrime

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Of course i believe in fiat. We use it for a long time and it works. So stop thinking that fiat is not good because we all use it and the effect as of now is clear. Fiat is stable.

chaosknight

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Quote from: CroSany on July 21, 2016, 04:34:11 PM

I beleive in fuat money but more i beleive in most cryptocurrencies which are avaiable online to buy on exchangers but most % I beleive in bitcoij cryptocurrency and i will always beleive in bitcoin.

Bitcoin is an best as an digital currency but it cannot take over fiat in future as the users of fiat are spread worldwide and the usage of fiat is much higher in compare to bitcoins.

CroSany

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I beleive in fuat money but more i beleive in most cryptocurrencies which are avaiable online to buy on exchangers but most % I beleive in bitcoij cryptocurrency and i will always beleive in bitcoin.

ASHLIUSZ

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Quote from: mark coins on July 21, 2016, 01:16:58 PM

Quote from: agustina2 on July 21, 2016, 12:53:36 PM

Quote from: Kewatia on July 21, 2016, 06:10:44 AM

Quote from: greBit on July 19, 2016, 10:44:34 PM

Quote from: mrhelpful on July 19, 2016, 07:23:41 PM

You cant really kill fiat.

You can only limit its crippling printing press by switching over to bitcoin, but you still need it to pay bills since the world operates off fiat.

I dont think we will ever come to that point though since most of us will be either to old or buried by then to see it die.

Yes and I think that fiat will never die, there will be many users who will prefer to use fiat even if everything goes digital and they will be comfortable in using it.

Fiat is used by the governments to rob the citizens, so it will not be given up by the government. But bitcoin wil also be allowed.

That case can't be applied in general. It's just own view on how goverments are dealing with fiat. Also if government will not make some taxes then what is the future of that country?

Fiat and bitcoin plays both important role.

I think both of them have a great future ahead, people who believed in new and innovative technology will prefer to use bitcoin and rest will continue with fiat.

Based upon the requirements people starts using bitcoin and fiat. But now most use fiat than bitcoin because of its increased accepted among common man compared to bitcoin and other digital currencies.

mark coins

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Quote from: agustina2 on July 21, 2016, 12:53:36 PM

Quote from: Kewatia on July 21, 2016, 06:10:44 AM

Quote from: greBit on July 19, 2016, 10:44:34 PM

Quote from: mrhelpful on July 19, 2016, 07:23:41 PM

You cant really kill fiat.

You can only limit its crippling printing press by switching over to bitcoin, but you still need it to pay bills since the world operates off fiat.

I dont think we will ever come to that point though since most of us will be either to old or buried by then to see it die.

Yes and I think that fiat will never die, there will be many users who will prefer to use fiat even if everything goes digital and they will be comfortable in using it.

Fiat is used by the governments to rob the citizens, so it will not be given up by the government. But bitcoin wil also be allowed.

That case can't be applied in general. It's just own view on how goverments are dealing with fiat. Also if government will not make some taxes then what is the future of that country?

Fiat and bitcoin plays both important role.

I think both of them have a great future ahead, people who believed in new and innovative technology will prefer to use bitcoin and rest will continue with fiat.

entrepmind23

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I do still believe in fiat because it is the one widely use by people nowadays. We may be in the information age now wherein we can process transactions not using fiat but still some of the establishments especially the small ones don't still have the capacity to process payments digitally. They will only accept fiat as payment.

agustina2

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Quote from: Kewatia on July 21, 2016, 06:10:44 AM

Quote from: greBit on July 19, 2016, 10:44:34 PM

Quote from: mrhelpful on July 19, 2016, 07:23:41 PM

You cant really kill fiat.

You can only limit its crippling printing press by switching over to bitcoin, but you still need it to pay bills since the world operates off fiat.

I dont think we will ever come to that point though since most of us will be either to old or buried by then to see it die.

Yes and I think that fiat will never die, there will be many users who will prefer to use fiat even if everything goes digital and they will be comfortable in using it.

Fiat is used by the governments to rob the citizens, so it will not be given up by the government. But bitcoin wil also be allowed.

That case can't be applied in general. It's just own view on how goverments are dealing with fiat. Also if government will not make some taxes then what is the future of that country?

Fiat and bitcoin plays both important role.

Kewatia

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Merit: 250

Quote from: greBit on July 19, 2016, 10:44:34 PM

Quote from: mrhelpful on July 19, 2016, 07:23:41 PM

You cant really kill fiat.

You can only limit its crippling printing press by switching over to bitcoin, but you still need it to pay bills since the world operates off fiat.

I dont think we will ever come to that point though since most of us will be either to old or buried by then to see it die.

Yes and I think that fiat will never die, there will be many users who will prefer to use fiat even if everything goes digital and they will be comfortable in using it.

Fiat is used by the governments to rob the citizens, so it will not be given up by the government. But bitcoin wil also be allowed.

greBit

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Quote from: mrhelpful on July 19, 2016, 07:23:41 PM

You cant really kill fiat.

You can only limit its crippling printing press by switching over to bitcoin, but you still need it to pay bills since the world operates off fiat.

I dont think we will ever come to that point though since most of us will be either to old or buried by then to see it die.

Yes and I think that fiat will never die, there will be many users who will prefer to use fiat even if everything goes digital and they will be comfortable in using it.

Whosdaddy

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Quote from: nururochac on July 17, 2016, 12:01:24 PM

Quote from: oHnK on July 17, 2016, 11:13:46 AM

Quote from: Ravion on July 17, 2016, 05:25:56 AM

The entire world economy is based on fiat money. The US dollar isn't backed by anything anymore. It used to be backed by gold. So, the Federal Reserve is just creating it out of nothing. But it still is the form of money that the whole world uses.

Most business and companies don't accept bitcoin for transactions. Until bitcoin becomes very prominent, everyone has to use fiat money.

Thats what everyone that got into bitcoin is hoping for however some parts of the world, the majority specifically will keep on denying bitcoin as they wouldnt want the economy to be based on decentralized currency, this makes the government powerless and therefore wont have any significant effect in making nationwide decision

This truly sums up things while government doesn't want media to give any credentials about bitcoin. They don't want anyone to know nor heard about this currency. Once more people adopted into this coin there's a high chance that our economic system will crashed and it will result to a single currency, a freedom currency for people which is bitcoin.

And that is what we bitcoin users are afraid of, that the government will actually try to deny bitcoins or may be even cease the use of bitcoins because they wouldn't have any power to control and manipulate it.

Some areas however have bitcoins already accepted bitcoins as it is and decided not to meddle with it and let it be.

mrhelpful

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You cant really kill fiat.

You can only limit its crippling printing press by switching over to bitcoin, but you still need it to pay bills since the world operates off fiat.

I dont think we will ever come to that point though since most of us will be either to old or buried by then to see it die.

dezoel

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Leading Crypto Sports Betting & Casino Platform

Of course I believe in fiat as majority of people are dependent on fiat and even in future it will be an same scenario.

yayayo

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I don't believe in fiat money, I just use it when I have to, because others want it. I've lost the feeling of holding something valuable with dollar bill years ago, when I researched fiat money creation... If you still believe in fiat money I can only recommend collecting paper money from the past. This has a strong therapeutic effect, because you will quickly notice that fiat paper money has a very short lifespan and you can buy today with a few bucks what would have been a fortune in the past.

I think until Bitcoin really catches we have to go through more years with fiat being dominant. But every time you get the opportunity, you should exchange trash money for sound money. If you have excess fiat, it's a good idea to exchange it for precious metals and Bitcoin, because these exist outside the state-controlled inflationary fiat scam.

ya.ya.yo!

joinal

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Quote from: goinmerry on July 18, 2016, 02:03:07 AM

Quote from: BitcoinHodler on July 17, 2016, 12:28:22 PM

whether you believe in fiat or not, it doesn't matter you still have to use it or go back to the stone ages and trade using goods in exchange!

Sarcastic but true. You cant just say I dont believe in fiat anymore while you are still using it. I would rather stay in fiatt than carry a big stone for trade to another city. Grin

yeah I do not understand what is meant in this thread, despite whatever answer believe or not to fiat you must use a fiat to make transactions and pay the cost of your life by fiat, you will not be able to rely on other currencies to pay for your life, You will definitely need fiat,,

aoihs00

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we are obliged to believe in Fiat money! We can't to otherwise Sad

because our entire world wide system accept it !
if btc become accepted by "nations" then we can stop to "believe" in fiat, but I think this day is far away.

goldcoinminer

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Quote from: Hirose UK on March 21, 2016, 02:40:19 AM

Quote from: The Sceptical Chymist on March 20, 2016, 05:48:04 PM

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.

agree. I myself never think to believe in fiat or other currencies. just use what are available to use as long as they're legal, or no one forbids us to use it, or the advantages are not too much.
fiat itself is not forbiden, is legal and currency. so just use it, don't need to believe in, that's all.

We believe in fiat and we believe in bitcoins but fiat is more secure because it is widely use by the people of a certain country as enforced by the government, if we don't believe in fiat we cannot survive as we don't have something to spend. However, the future is good for bitcoin that would make the fiat also affected in an negative way.

Kewatia

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I earn and use the fiat. I do not believe it at all. I will not hold it for the long term. But I will hold the bitcoin and ethereum.

goldcoinminer

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Quote from: dezoel on July 18, 2016, 08:53:32 AM

Quote from: goldcoinminer on July 18, 2016, 08:50:57 AM

Quote from: goinmerry on July 18, 2016, 02:03:07 AM

Quote from: BitcoinHodler on July 17, 2016, 12:28:22 PM

whether you believe in fiat or not, it doesn't matter you still have to use it or go back to the stone ages and trade using goods in exchange!

Sarcastic but true. You cant just say I dont believe in fiat anymore while you are still using it. I would rather stay in fiatt than carry a big stone for trade to another city. Grin

Fiat and bitcoin should work hand in hand, when we are earning bitcoins and there is only few of stores only we can always convert it with fiat and use it every time we want to buy. That is so comfortable so it is good to have the two as tandem.

The fact is both are important for an individual as bitcoin cannot be used everywhere there are some things and some places where only fiat can be helpful.

At this time FIAT are more dominant than bitcoin because bitcoin is not yet widely recognize all over the world. We have to rely on fiat in order to cash out our money and use it in real life. Bitcoin for now is more on the like investment.

Topic: Do you Still believe in Fiat? - page 61. (Read 75146 times)