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.
Topic: Do you Still believe in Fiat? - page 8. (Read 75146 times)
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.
Yes.
There is no choice of believing in Fiat or not because even after the huge success and exponential growth of bitcoins Fiat is still a superior currency because-
1) we are getting our wages in the form of Fiat.
2) very less identified business companies accept bitcoin.
3) approximately half of the world even now doesn't know about bitcoin and also doesn't use it.
4) poverty stricken people and countries that haven't got internet facility can't use bitcoin.
For them Fiat is everything.
5) even after the exponential growth of bitcoin it still has to grow more .
Thus , there is no choice to weather believe in Fiat or not.
We have to accept that Fiat is still a superior currency.
But, nobody knows what the future holds.
There is no choice of believing in Fiat or not because even after the huge success and exponential growth of bitcoins Fiat is still a superior currency because-
1) we are getting our wages in the form of Fiat.
2) very less identified business companies accept bitcoin.
3) approximately half of the world even now doesn't know about bitcoin and also doesn't use it.
4) poverty stricken people and countries that haven't got internet facility can't use bitcoin.
For them Fiat is everything.
5) even after the exponential growth of bitcoin it still has to grow more .
Thus , there is no choice to weather believe in Fiat or not.
We have to accept that Fiat is still a superior currency.
But, nobody knows what the future holds.
I'm still using fiat and my wages paid in fiat so i still believe in it because there's no way you can only live with bitcoin in this country. Fiat is the only way to fulfill my daily needs. Even bitcoin can be converted into fiat so there's really no reason not to believe fiat. Bitcoin is the future, but fiat is important as well.
Fiat currency is the major currency of all other currencies, so i am completely believing the fiat currency. Many things we are doing daily is through fiat currency only,
Nothing is wrong with believing completely in fiat, as it is the reason why we keep on earning and take advantage on any opportunity be it online or in real life that offers anything that has a fiat value, and bitcoin is one of that...even though the value of fiat currency slightly reduces but in longer run we have to believe them because it is being managed by the governments.
Government won't issue anything that is not for the good of its citizen, unless they are after their own welfare... 
Fiat currency is the major currency of all other currencies, so i am completely believing the fiat currency. Many things we are doing daily is through fiat currency only, even though the value of fiat currency slightly reduces but in longer run we have to believe them because it is being managed by the governments.
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. 
It is not all about believing in fiat.Why should i disbelieve if i am using it for my daily needs.I could not get to a shopping mall with bitcoins in my wallet and get the local goods ,you need the local currency for that and if not for the fiat i would not be able to purchase anything.
That's correct, some people does not fully understand how valuable fiat in our life. The value of bitcoin now and in the future would not change the value of fiat into our life, we are living a world where the government controls us, thus, we will have to follow what the law in our respective country. AFAIK, all countries are using fiat and this fiat users does not necessarily used bitcoin to go on with their lives. What bitcoin has achieve is not for all the people, it's only for those who can understand and has the interest to use it for their benefits.
It is not all about believing in fiat.Why should i disbelieve if i am using it for my daily needs.I could not get to a shopping mall with bitcoins in my wallet and get the local goods ,you need the local currency for that and if not for the fiat i would not be able to purchase anything.
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.
it means you do not mind the decline in the value of fiat every year, usd experienced an inflation rate of 1.6% -1.7% per year. if this continues it will make fiat become worthless and bitcoin prices higher. I do not believe in fiat and I'm sure we're not going to use the fiat in the future.Bitcoin's value and fiat is totally different, but since we have our own prediction in the future, let's do what is right based on our understanding.
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.
it means you do not mind the decline in the value of fiat every year, usd experienced an inflation rate of 1.6% -1.7% per year. if this continues it will make fiat become worthless and bitcoin prices higher. I do not believe in fiat and I'm sure we're not going to use the fiat in the future. 
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.
There is point of contradict,both fiat and btc have value and bitcoin inturn is dependent on fiat to make its value in general.maybe the problem lies in physical way.digital payment has become a fast and flexible in past few years thats why most of bitcoin holders prefer bitcoin over fiat.
Absolutely, The problem is with the system and the time required for the process of transfer from one point to another. Fiat has the ability to process quicker transactions but since it is dependent on more than one parties like banks, beneficiary etc. It creates delays in the actual moment of the funds from one point to another. On the other hand, since cryptocurrencies like bitcoin depends on the sender and the receiver and that makes it way faster than that of fiat.
Fiat is the one that has given the best financial service for all our needs. If fiat is not there the system will collapse entirely, so fiat will rule the world even when bitcoin and other currencies increase in acceptance.
you are right that at the moment fiat is the best financial system though in the future all the things might easily change, I think that bitcoin will be a national currency in the future.Bitcoin is already a global currency, but bitcoin cannot take the place of fiat currency. Fiat currency is ever green currency where we are using it from decades, fiat currency is the majors aspects in human being daily life. Through we have many option where we can use it for all needs we have.
There is point of contradict,both fiat and btc have value and bitcoin inturn is dependent on fiat to make its value in general.maybe the problem lies in physical way.digital payment has become a fast and flexible in past few years thats why most of bitcoin holders prefer bitcoin over fiat.
Well, the future is going to be digital and that is the trend now as more people loves to transact online to experience the fast transaction, with the advent of bitcoin, it does not only give us a fast transaction but also a very cheap transaction. In addition, we can transact without limit unlike with banks where there is a certain limit of withdrawals in a daily basis just to cope up on the their liquidity aspect. Putting our money in bitcoin is like safekeeping it and will not let other people use it for their own good like bank does where they lend out our money and just give us a little percentage on deposits.
There is point of contradict,both fiat and btc have value and bitcoin inturn is dependent on fiat to make its value in general.maybe the problem lies in physical way.digital payment has become a fast and flexible in past few years thats why most of bitcoin holders prefer bitcoin over fiat.
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
Yes ,why not . 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
The fiat had itself much importance than what the bitcoin have . In the bitcoin no goverment are available but in the fiat thier is a government .
No doubt that bitcoin is more succeful and has much ease to deal with your money but beside of these fiat are having much importance for a particular country .
We can hold fiat in our hand and make offline deals .
So in reality fiat has much importance in our practical life than what bitcoin have .
Right we are in completely different situation after bitcoin enters into my life. But still i believe in fiat currency it is the major currency which will ruin their corresponding countries. Fiat currency is the main currency which is used to buy other currency at specified prices given to other currencies. So all other currencies depend on fiat currency only.
I don't even have a time to doubt fiat because there's no way that we are going to have time for not believing it.
We can't buy everything if we are not going to believe in fiat. And everything on this world are still depending on fiat.
It's the worlds preferred medium of currency.
Just in 2 to 5 years, I am sure bitcoin will be available every part of this world and every single person will be using it and there will be no need to depending on fiats anymore at those times. We may still believe in to fiats but we do not need to use it.
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
Of course I believe in fiat more than in bitcoin . Because I can't get bitcoin without fiat . Because before to make buy of bitcoin we need to pay fiat .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
Then how can we say fiat is nothing in comparison of the bitcoin .
Fiat is the one that has given the best financial service for all our needs. If fiat is not there the system will collapse entirely, so fiat will rule the world even when bitcoin and other currencies increase in acceptance.
you are right that at the moment fiat is the best financial system though in the future all the things might easily change, I think that bitcoin will be a national currency in the future.Bitcoin is already a global currency, but bitcoin cannot take the place of fiat currency. Fiat currency is ever green currency where we are using it from decades, fiat currency is the majors aspects in human being daily life. Through we have many option where we can use it for all needs we have.
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