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Topic: Do you Still believe in Fiat? - page 70. (Read 75164 times)

hero member
Activity: 1106
Merit: 521
March 24, 2016, 01:33:16 PM
#30
No i dont believe in it, it definitely exists i am looking at some now......... Wink
full member
Activity: 238
Merit: 100
March 24, 2016, 01:27:48 PM
#29
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


Well i believe in it and i don't  at same time, i am pretty sure that in future we won't  see fiat so often as we do now, but it will nevwr be changed to bitcoin and after 20 years people will still use fiat
legendary
Activity: 3066
Merit: 1047
Your country may be your worst enemy
March 21, 2016, 01:47:51 PM
#28
Everybody loves cash, and the poor more than most, because they have no choice. Cash remains the only option which is absolutely free to use. No fees to the banks, or to a network, no need for an expensive mobile phone nor a subscription. Homeless people do not believe in anything but cash, and they're right. You've got to be rich to have other options.
sr. member
Activity: 378
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
March 21, 2016, 11:51:05 AM
#27
We have to have fiat money to do most things, so I say yes.  Bitcoin is only useful to do certain things and will probably never be used for everything money related.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
March 21, 2016, 10:14:06 AM
#26
Fiat still works and I am still using it on a daily basis, so yes. Until bitcoin can be used as easily, conveniently as fiat, then it cannot replace fiat. So I still believe in fiat's purchasing power but I do not know how long it will last. With the emergence of bitcoin and other cryptocurrencies, fiat's future is bleak.
agree with you I'm also still using fiat I have to believe in the fiat thats why I always refused if a lot of people talking that  bitcoin will replace the fiat. I think we could use both I using bitcoin for option and if I do not have money or not payday. I rely bitcoin Cheesy

Bitcoin users always in a situation to accept fiat even if they are not interested to make transactions with it. This is because only part of the people believe the digital currency, others don't believe and this continues even when bitcoin reach great heights.
full member
Activity: 364
Merit: 127
March 21, 2016, 05:03:29 AM
#25
Fiat is being used daily so i dont think i wont be able to not believe in it,is fiat is worthless to people and they cant profit then they wont believe in it.
newbie
Activity: 14
Merit: 0
March 21, 2016, 03:34:14 AM
#24
I use fiat just to get through the day, and buy what I can buy or can't be bothered to buy with Bitcoin.
Yes it helps to buy coins Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked
hero member
Activity: 658
Merit: 500
March 21, 2016, 03:31:08 AM
#23
Fiat still works and I am still using it on a daily basis, so yes. Until bitcoin can be used as easily, conveniently as fiat, then it cannot replace fiat. So I still believe in fiat's purchasing power but I do not know how long it will last. With the emergence of bitcoin and other cryptocurrencies, fiat's future is bleak.
agree with you I'm also still using fiat I have to believe in the fiat thats why I always refused if a lot of people talking that  bitcoin will replace the fiat. I think we could use both I using bitcoin for option and if I do not have money or not payday. I rely bitcoin Cheesy
legendary
Activity: 2240
Merit: 1069
March 21, 2016, 02:42:52 AM
#22
Fiat still works and I am still using it on a daily basis, so yes. Until bitcoin can be used as easily, conveniently as fiat, then it cannot replace fiat. So I still believe in fiat's purchasing power but I do not know how long it will last. With the emergence of bitcoin and other cryptocurrencies, fiat's future is bleak.
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
March 21, 2016, 01:42:40 AM
#21
I wish we could abolish fiat because it represents the biggest scam on earth since the word ponzi was ever invented but for the moment until a new system gets into place replacing it we are still relying on it. I do hope a time will come where more fairer monetary systems are put in place for everyone's benefit.
hero member
Activity: 1302
Merit: 503
Leading Crypto Sports Betting & Casino Platform
March 21, 2016, 01:40:19 AM
#20
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.
sr. member
Activity: 420
Merit: 250
March 20, 2016, 08:20:30 PM
#19
Why you not believe in fiat ? I think everyone believe in fiat as believe in bitcoin. It's same imo, currency for paying or buying something. And bitcoins for online things.
legendary
Activity: 1232
Merit: 1091
March 20, 2016, 06:23:24 PM
#18
After discovering cryptocurrencies and the blockchain, I do not believe and will never believe in fiat ever again and I consider people who go from cryptocurrencies to fiat out of their minds.

Same here. I am full into Bitcoin as being the best possible current and future currency. That's why I buy a certain amount of Bitcoin every month. I will continue to do this as I want to have the major part of my wealth in Bitcoin at some point in the future.
hero member
Activity: 966
Merit: 507
March 20, 2016, 06:13:13 PM
#17
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.

Yes, it is true that fiat is still the basis of the current economic system, but the past global crises had taught us to lose confidence in the current system, and it has strengthened our alternate ecosystem based on cryptocurrencies. Yes, fiat exist, but the mere fact of its existence does not make it reliable at all.
hero member
Activity: 560
Merit: 500
March 20, 2016, 06:08:19 PM
#16
Has an ex-forex-trader i may say that fiat sucks,the banks act when they wanna the market can be loosing 5% when banks comes they make that into 3% gains killing your short order instant.I believe the current system of fee colected by each country are being wasted with politicians having fun with those funds.I understand that is need taxes but if they were used properly we would be facing financial problems,even China has their big machine almost frozen,production stucked because others cant buy the things now.
legendary
Activity: 966
Merit: 1000
TRUMP IS DOING THE BEST! MAKE AMERICA GREAT AGAIN!
March 20, 2016, 05:46:06 PM
#15
I have to believe in it and use it because how else am I going to pay my water, heating and electricity bills?
The government does not accept bitcoin as a form of payment. And I don't believe they ever will because of legality reasons.
legendary
Activity: 1512
Merit: 1012
March 20, 2016, 05:42:29 PM
#14
After discovering cryptocurrencies and the blockchain, I do not believe and will never believe in fiat ever again and I consider people who go from cryptocurrencies to fiat out of their minds.
legendary
Activity: 2170
Merit: 1427
March 20, 2016, 05:38:08 PM
#13
I don't really believe into fiat like I do with Bitcoin, especially now that the Euro is getting shittier year after year, but I just need it to pay my bills and daily needs. Also, my retirement account is also fiat related. There is no way I can possibly change that.
legendary
Activity: 1218
Merit: 1007
March 20, 2016, 05:31:01 PM
#12
I use fiat just to get through the day, and buy what I can buy or can't be bothered to buy with Bitcoin.

Truthfully, I would rather break off from the current system and start my own country simply because of the instability of fiat. Build it around cryptos. Make sure that there is more to people's lives other than being stuck in an everlasting loop of debt.
member
Activity: 84
Merit: 10
March 20, 2016, 05:26:20 PM
#11
for the time being belliving in the fiat is a must because all peple deal in fiat and first we need to get people to use bitcoin first then by the time we will see fiat dissappeering slowly
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