Do you Still believe in Fiat? - page 7.

Ipwich

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Quote from: danherbias07 on March 01, 2017, 09:24:50 PM

Quote from: Kava on March 01, 2017, 04:55:51 PM

I use the fiat every day. I can not live a single day when I will not have fiat currency. That's why I believe in fiat. This may not be the most profitable currency, but I have to use it

That is the problem. We have to use it. It is like it is being forced to be used. We didn't even have an option. I do believe in fiat too. But there is nothing into it. You just use it to buy something, and it just tells the history or heroes of your country in a piece of paper.
Specially when in you are in a place where their value of currency is too low. You would need a lot of paper money too buy a cow. Grin

The convenience into bringing something that is so light is erased.

Fiat is not only limited for paper money but I agree about inflation, the thing is there's different cost of living in every country so if you are living in a progressive country and you spend your money in small countries for sure you can buy a lot of things. In my country there's plenty of foreigners who buy a lot because it's very cheap in their money and it can be a good investment on their part.

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Quote from: Kava on March 01, 2017, 04:55:51 PM

I use the fiat every day. I can not live a single day when I will not have fiat currency. That's why I believe in fiat. This may not be the most profitable currency, but I have to use it

That is the problem. We have to use it. It is like it is being forced to be used. We didn't even have an option. I do believe in fiat too. But there is nothing into it. You just use it to buy something, and it just tells the history or heroes of your country in a piece of paper.
Specially when in you are in a place where their value of currency is too low. You would need a lot of paper money too buy a cow. Grin

The convenience into bringing something that is so light is erased.

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Quote from: Kava on March 01, 2017, 04:55:51 PM

I use the fiat every day. I can not live a single day when I will not have fiat currency. That's why I believe in fiat. This may not be the most profitable currency, but I have to use it

So do I, that's why we should not be choosing between the two as both of them can give convenience to us. They have different purpose but they have one common purpose which is to give the people the convenience in transaction. For now, this is our means to transact so we have to enjoy using it and if there's a way that we can benefit from it through investment they we should gladly grab it.

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I use the fiat every day. I can not live a single day when I will not have fiat currency. That's why I believe in fiat. This may not be the most profitable currency, but I have to use it

angaper

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Quote from: just_Alice on March 01, 2017, 12:53:39 PM

Quote from: Oppolee on March 01, 2017, 04:11:03 AM

I use the same frequency, and Fiat and cryptocurrency. I'm not hostile against the national currency. I think that it will exist for a long time

We won't see the end of fiat during our lifetime, I'm sure. And like you I also respect my national currency, but I hope Bitcoin will be more used and accepted where I live. Right now only a few know about its existence. By "only a few" I mean less than 5% of the whole population. Sometimes I think it's even less than 1%.

Yes, it is true that fiat money is in a critical situation and this can get worse because of the increasingly frequent global crise. However I also think the fiat money will remain useful at least for this generation, while bitcoin and other alts gain the enough strength to gradually displace the current fiat money.

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Quote from: Bitcoinsummoner on March 01, 2017, 01:52:25 PM

Quote from: just_Alice on March 01, 2017, 12:53:39 PM

Quote from: Oppolee on March 01, 2017, 04:11:03 AM

I use the same frequency, and Fiat and cryptocurrency. I'm not hostile against the national currency. I think that it will exist for a long time

We won't see the end of fiat during our lifetime, I'm sure. And like you I also respect my national currency, but I hope Bitcoin will be more used and accepted where I live. Right now only a few know about its existence. By "only a few" I mean less than 5% of the whole population. Sometimes I think it's even less than 1%.

Fiat will never change it will be still local currency crypto currency are good only for online and i think its impossible to happen that bitcoin will be the a local currency or physical currency.. since bitcoin is just alternative payment method in online and they are use it also good for gambling because of anonymity..

Yes, you are right, Fiat will exist for a long time. But no need to treat this hostility. You just need to know how to use and Fiat and cryptocurrency. So you can get the most benefits

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Quote from: just_Alice on March 01, 2017, 12:53:39 PM

Quote from: Oppolee on March 01, 2017, 04:11:03 AM

I use the same frequency, and Fiat and cryptocurrency. I'm not hostile against the national currency. I think that it will exist for a long time

We won't see the end of fiat during our lifetime, I'm sure. And like you I also respect my national currency, but I hope Bitcoin will be more used and accepted where I live. Right now only a few know about its existence. By "only a few" I mean less than 5% of the whole population. Sometimes I think it's even less than 1%.

Fiat will never change it will be still local currency crypto currency are good only for online and i think its impossible to happen that bitcoin will be the a local currency or physical currency.. since bitcoin is just alternative payment method in online and they are use it also good for gambling because of anonymity..

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Quote from: Oppolee on March 01, 2017, 04:11:03 AM

I use the same frequency, and Fiat and cryptocurrency. I'm not hostile against the national currency. I think that it will exist for a long time

actually still a very little number of bitcoin users know about bitcoin and most of the people are still believing and depending on bitcoin therefore fiat will still continue and will exist may be in far future when all the people of the world will start using bitcoin then it can be possible for bitcoin to replace fiat.

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Quote from: Oppolee on March 01, 2017, 04:11:03 AM

I use the same frequency, and Fiat and cryptocurrency. I'm not hostile against the national currency. I think that it will exist for a long time

We won't see the end of fiat during our lifetime, I'm sure. And like you I also respect my national currency, but I hope Bitcoin will be more used and accepted where I live. Right now only a few know about its existence. By "only a few" I mean less than 5% of the whole population. Sometimes I think it's even less than 1%.

Oralmat

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Quote from: Loepuenkyou on March 01, 2017, 12:08:37 PM

in transaction in real life i always use fiat money
so iam still always belive fiat money, iam never think not belive fiat money

I also would say that bitcoin has not fully taken over Fiat yet and for this reason no one cant stop using fiat or stop believing in fiat.
Yes, we can say that bitcoin is the future and we all believe in that.

whizter

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Quote from: Oppolee on March 01, 2017, 04:11:03 AM

I use the same frequency, and Fiat and cryptocurrency. I'm not hostile against the national currency. I think that it will exist for a long time

i also think so that there will be not a single person who will not be believing fat because we are still depending on fiat for everything and still those people who are sing bitcoin are also depending on bitcoin and will continue believing bitcoin until bitcoin become able to overcome fiat and provide us all the facilities that fiat is providing us.

Loepuenkyou

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in transaction in real life i always use fiat money
so iam still always belive fiat money, iam never think not belive fiat money

Oppolee

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I use the same frequency, and Fiat and cryptocurrency. I'm not hostile against the national currency. I think that it will exist for a long time

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Quote from: ethereumhunter on February 28, 2017, 05:32:34 AM

Quote from: diegz on February 28, 2017, 03:17:49 AM

Quote from: Bellator on February 28, 2017, 03:08:11 AM

I don't believe in Fiat. I will believing in Crypto-Currency because crypto-currency has more potential to earn than the fiat. Why? Because if Crypto-Currency will success my money will double or triple by just waiting it few years or few months only. In Fiat you will earn but not too much because Fiat price is stable.

No one objects to that.

But to be honest, I would still believe in fiat today and until the day that our future in bitcoin is not yet secure, as long as we can't live with bitcoin alone as a currency, I will still doubt bitcoin and I will always be after the safety of my future.

i believe fiat and i believe with bitcoin too but for now, i am prefer using fiat in my real life and in the future if there is any place that i can use my bitcoin, i will use it to buy something. but for now, i am happy that i can use my bitcoin although i only could use my bitcoin just in internet but at least i can spend my bitcoin to buy something.

I use fiat in real life, because i can't spend some hours of my time just waiting for the single confirmation for the bitcoin transaction. We are need fiat to keep our lives in real life but we are need bitcoin in our digital life. If the bitcoin gets a lot of improvement and every block can contain over thousand transaction and i will always use bitcoin. Cool

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Quote from: PancherBitCoin on February 27, 2017, 02:21:43 PM

The question of course interesting, but the fact that I still keep their savings in Fiat, and so I will not at all right if I say that I do not believe Fiat. I trust and almost always use the national currency, without any exceptions.

I think this is a rhetorical question because I'm sure all users bitcoin is still very dependent on the fiat, although they live in bitcoin though. fiat is the main currency. of course we firmly believe in fiat

PaymyBills

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Fiat for me is a necessary evil, it's the biggest worldwide conspiracy where 95% of earth population beliefs in and are dedicated to.
But as it is now I will still have to use it, until I can trade some paper btc wallets for a bread.

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Quote from: SHAWN-MIDWAYS on February 28, 2017, 01:46:27 AM

Quote from: PancherBitCoin on February 27, 2017, 02:21:43 PM

The question of course interesting, but the fact that I still keep their savings in Fiat, and so I will not at all right if I say that I do not believe Fiat. I trust and almost always use the national currency, without any exceptions.

Savings are better saved in fiat to avoid any unnecessary attention from the monetary authorities on how you made your money. Fiat is still part and parcel of our livelihood because it is easy to spend it without unnecessary verifications that's why I believe in it.

In practice, this is quite the other way round

With Bitcoin, you can more or less safely "bury" your bitcoins from prying eyes and unnecessary attention, if you indeed don't tell the world about your Bitcoin stash at every corner. It is not the same with fiat. With fiat, you have to use banks if you want to spend a certain amount of money, and you may end up being asked where exactly this amount of wealth comes from. The current financial system is set up in such a way that you can't buy anything expensive for cash (say, a house or a car). Even if you do succeed at that, you can't be sure that your counterparty won't report on their income that they got from you. And then you are nailed down

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Quote from: diegz on February 28, 2017, 03:17:49 AM

Quote from: Bellator on February 28, 2017, 03:08:11 AM

I don't believe in Fiat. I will believing in Crypto-Currency because crypto-currency has more potential to earn than the fiat. Why? Because if Crypto-Currency will success my money will double or triple by just waiting it few years or few months only. In Fiat you will earn but not too much because Fiat price is stable.

No one objects to that.

But to be honest, I would still believe in fiat today and until the day that our future in bitcoin is not yet secure, as long as we can't live with bitcoin alone as a currency, I will still doubt bitcoin and I will always be after the safety of my future.

You really do not need bitcoin as a currency to believe in it.I do consider it as a commodity and trade like a commodity and i do not find it as an obstacle and with the price increasing with time it will soon over come the price of gold ,which is another commodity people have being trading for centuries. Wink

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Quote from: diegz on February 28, 2017, 03:17:49 AM

Quote from: Bellator on February 28, 2017, 03:08:11 AM

I don't believe in Fiat. I will believing in Crypto-Currency because crypto-currency has more potential to earn than the fiat. Why? Because if Crypto-Currency will success my money will double or triple by just waiting it few years or few months only. In Fiat you will earn but not too much because Fiat price is stable.

No one objects to that.

But to be honest, I would still believe in fiat today and until the day that our future in bitcoin is not yet secure, as long as we can't live with bitcoin alone as a currency, I will still doubt bitcoin and I will always be after the safety of my future.

i believe fiat and i believe with bitcoin too but for now, i am prefer using fiat in my real life and in the future if there is any place that i can use my bitcoin, i will use it to buy something. but for now, i am happy that i can use my bitcoin although i only could use my bitcoin just in internet but at least i can spend my bitcoin to buy something.

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Quote from: Bellator on February 28, 2017, 03:08:11 AM

I don't believe in Fiat. I will believing in Crypto-Currency because crypto-currency has more potential to earn than the fiat. Why? Because if Crypto-Currency will success my money will double or triple by just waiting it few years or few months only. In Fiat you will earn but not too much because Fiat price is stable.

No one objects to that.

But to be honest, I would still believe in fiat today and until the day that our future in bitcoin is not yet secure, as long as we can't live with bitcoin alone as a currency, I will still doubt bitcoin and I will always be after the safety of my future.

Topic: Do you Still believe in Fiat? - page 7. (Read 75164 times)