Of course I believe in Fiat, everyone uses it nowadays. It's one of the oldest currencies in human history.
The oldest format, will not be convenient anymore when you are going shopping. Still, we can not ignore there are many particular situations we have to use fiats. That way, fiats will continue to stay with us but I fear it will get rarely being used by us IMHO. 
Topic: Do you Still believe in Fiat? - page 65. (Read 75164 times)
Basically I do not have any view on fiat.
But practically I do not use fiats for any of my daily life needs as I am mostly using debit cards wherever I shop both in physical stores as well as online (as I am saving my Bitcoins I do not spend them right now).
So, already I have switched over to electronic format of money by leaving off fiats. Does it mean I'm not believing in to fiat anymore.
Your stand on fiats is most common for many people here. I'm still believing in to fiat but I'm not using it for my daily needs. The belief on fiat is not important in my view, what really matters means what are your available opportunities to use like fiats or electronic money or bitcoins.But practically I do not use fiats for any of my daily life needs as I am mostly using debit cards wherever I shop both in physical stores as well as online (as I am saving my Bitcoins I do not spend them right now).
So, already I have switched over to electronic format of money by leaving off fiats. Does it mean I'm not believing in to fiat anymore.
Nothing has happened with fiat, and is working the same as before, so why not to believe on it?
Everyone have believe on fiat as there is no any fear having that, the first and strongest reason is that it has the government support and they guarantee for its value.
Everyone have believe on fiat as there is no any fear having that, the first and strongest reason is that it has the government support and they guarantee for its value.
Basically I do not have any view on fiat.
But practically I do not use fiats for any of my daily life needs as I am mostly using debit cards wherever I shop both in physical stores as well as online (as I am saving my Bitcoins I do not spend them right now).
So, already I have switched over to electronic format of money by leaving off fiats. Does it mean I'm not believing in to fiat anymore.
Your stand on fiats is most common for many people here. I'm still believing in to fiat but I'm not using it for my daily needs. The belief on fiat is not important in my view, what really matters means what are your available opportunities to use like fiats or electronic money or bitcoins. But practically I do not use fiats for any of my daily life needs as I am mostly using debit cards wherever I shop both in physical stores as well as online (as I am saving my Bitcoins I do not spend them right now).
So, already I have switched over to electronic format of money by leaving off fiats. Does it mean I'm not believing in to fiat anymore.
yes, still believe in fiat, we are using it for day to day, the value of a fiat currency is similarly arbitrary, but as long as the government can maintain its monetary system, that value will hold because that's the value the government is willing to honor. Because of the government is such a large part of the economy, the currency retains its value even in private exchanges as it is something that everyone can use when interacting with the government.
Yes, but remain diversified. If fiat fails everything is ok. 
Well even if fiat really sucks sometimes I still need it. Its not that I believe in it I just really need it for my daily life since it was the most accepted currency to buy daily needs.
Lol yeah of course although I do not have fiat though. I would still need a fiat for major currencies in each country is fiat. unless bitcoin is approved in all countries and is becoming mainstream I did not really need or believe to fiat again
Basically I do not have any view on fiat.
But practically I do not use fiats for any of my daily life needs as I am mostly using debit cards wherever I shop both in physical stores as well as online (as I am saving my Bitcoins I do not spend them right now).
So, already I have switched over to electronic format of money by leaving off fiats. Does it mean I'm not believing in to fiat anymore.
But practically I do not use fiats for any of my daily life needs as I am mostly using debit cards wherever I shop both in physical stores as well as online (as I am saving my Bitcoins I do not spend them right now).
So, already I have switched over to electronic format of money by leaving off fiats. Does it mean I'm not believing in to fiat anymore.
Yes, to some extent, I trust the usual money. In my country they all pay. But. However, the authorities are leading the country to the bottom, and the national currency falls. The solution for me is Bitcoin. Conventional money should be kept in a wallet. No wallet (stolen, forgotten at home) - there is no money. However, the fiat advantage that it can be used without the Internet and electricity 
Of course I believe in Fiat, everyone uses it nowadays. It's one of the oldest currencies in human history.
Well even if fiat really sucks sometimes I still need it. Its not that I believe in it I just really need it for my daily life since it was the most accepted currency to buy daily needs.
Fiat lets you buy things you need and want. You can't buy anything using btc,One has to depend upon fiat than btc to meet the daily needs.
I still believe in fiat currency since since before birth paper money was used by my family as a legal tender and even today. There is no reason why I should dislike it. The only thing I'm not agreeing with is how banking institutions would use our money. They give small interests to savings and give big interest on loans which on forehand it is our money they are lending out. With this we hope that bitcoin would change the corrupt banking system in our society.
Hm...
How you cannot believe in fiat?
It is the main currency on the world,i know that bitcoin wen't pretty popular,but where do you live,
in a forest? We pay with fiat for most thing's,not with bitcoin.
How you cannot believe in fiat?
It is the main currency on the world,i know that bitcoin wen't pretty popular,but where do you live,
in a forest? We pay with fiat for most thing's,not with bitcoin.
i agree with you o at some points . i too feel like government is miss using us by just a agreement. i really love if everyone use digital currency to transact with each other it will minimize a lot of problems like corruption , interference of government , bank using our money as their and so on . we know money makes money so its a endless stuff.
"the endless print cycle is a joke" this is so true. I don't see where this world is going with constantly printing money, one that fiat system will explode.
I think money is on everyone's mind, we can trust in fiat or not its the same, we need it for comfortable life.
That is one of the reasons why bitcoin have big potential, and I believe some altcoins will follow btc. There is to much printed money in wrong hands, we need some balance and with blockchain that is more possible then with fiat.
I think money is on everyone's mind, we can trust in fiat or not its the same, we need it for comfortable life.
That is one of the reasons why bitcoin have big potential, and I believe some altcoins will follow btc. There is to much printed money in wrong hands, we need some balance and with blockchain that is more possible then with fiat.
Yeah I believe in fiat!
I believe that it gonna crash like hell at a time or another!
I think fiat will always live as long as the country remains consistent to use fiat. except in case of any disorder or any in the future I can not guarantee the existence of fiat I believe that it gonna crash like hell at a time or another!
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
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
Definitly NO!
How can you hate the thing you are using to buy you your daily needs? I have more faith in Fiat than BTC to be honest the main reason i have to change BTC to fiat is that regardless how high BTC is im confident that encashing it will give me stuff that i need
the main reason i have to change BTC to fiat is that regardless how high BTC is im confident that encashing it will give me stuff that i need Well, to be fair you have no choice in using fiat, you can't do anything but using it for your daily needs ^^
Even if you don't want it, you have to!
There are many things where you do have a choice between bitcoin and fiat, and if enough people start using it, the choice will only get higher
until finally you wont have to use fiat at all (or atleast thats what we hope to achieve). For example i buy all my tech thingys with bitcoin, as well as
a lot of online services and gamble.. It's a lot wider market than people assume, but ofc that it still has to grow in order to be recognized to wider audience
Well gamble isn't really what I would call a "daily use" ^^
Tech things I agree but that's all for me. Nothing I use daily, no food, no groceries;..
How can you hate the thing you are using to buy you your daily needs? I have more faith in Fiat than BTC to be honest the main reason i have to change BTC to fiat is that regardless how high BTC is im confident that encashing it will give me stuff that i need
the main reason i have to change BTC to fiat is that regardless how high BTC is im confident that encashing it will give me stuff that i need Well, to be fair you have no choice in using fiat, you can't do anything but using it for your daily needs ^^
Even if you don't want it, you have to!
There are many things where you do have a choice between bitcoin and fiat, and if enough people start using it, the choice will only get higher
until finally you wont have to use fiat at all (or atleast thats what we hope to achieve). For example i buy all my tech thingys with bitcoin, as well as
a lot of online services and gamble.. It's a lot wider market than people assume, but ofc that it still has to grow in order to be recognized to wider audience
How can you hate the thing you are using to buy you your daily needs? I have more faith in Fiat than BTC to be honest the main reason i have to change BTC to fiat is that regardless how high BTC is im confident that encashing it will give me stuff that i need
the main reason i have to change BTC to fiat is that regardless how high BTC is im confident that encashing it will give me stuff that i need Well, to be fair you have no choice in using fiat, you can't do anything but using it for your daily needs ^^
Even if you don't want it, you have to!
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