goodbye fiat and USD. - page 10. | Bitcointalksearch.org

horrifiedx1

member

Activity: 602

Merit: 11

Quote from: Huskarls on October 09, 2018, 10:56:42 AM

Quote from: Al-e_x on October 07, 2018, 05:26:47 PM

I read the local news, and there is several articles that made me interesting, a few weeks ago, the mobile version of the Bitcoin wallet bitcoin platform decided to eliminate the conversion of bitcoin currencies with USD. then replaced with Satoshi.

the decision was taken to eliminate dependence on fiat currency. because bitcoin capability if converted to fiat, will interfere.

developer samourai wallet says "farewall fiat" or "goodbye fiat".

what happens should be bitcoin, fiat, usd still exist and be sustainable, so it doesn't damage each other. the essence of usd initially is the use of a legitimate currency and has been recognized, it will be difficult to really paralyze this thing especially just because crypto

how can it cripple usd, there are still many developing countries that are still dependent on them, instead they think they are not ready to use bitcoin. so i think fiat currencies until the end of our lives still exist

Tramle091296

full member

Activity: 462

Merit: 100

Much better to put more evidence like links. this can be possible that USD can be replace by satoshi, but Fiat this will be always the primary use by the people.

I think it will affect on the investors Because most of the investors uses a Fiat to buy bitcoin or convert it since it was the easiest way to earn and trade on cryptomarket.

Huskarls

member

Activity: 364

Merit: 10

Quote from: Al-e_x on October 07, 2018, 05:26:47 PM

I read the local news, and there is several articles that made me interesting, a few weeks ago, the mobile version of the Bitcoin wallet bitcoin platform decided to eliminate the conversion of bitcoin currencies with USD. then replaced with Satoshi.

the decision was taken to eliminate dependence on fiat currency. because bitcoin capability if converted to fiat, will interfere.

developer samourai wallet says "farewall fiat" or "goodbye fiat".

what happens should be bitcoin, fiat, usd still exist and be sustainable, so it doesn't damage each other. the essence of usd initially is the use of a legitimate currency and has been recognized, it will be difficult to really paralyze this thing especially just because crypto

nicster551

sr. member

Activity: 896

Merit: 253

Quote from: Al-e_x on October 07, 2018, 05:26:47 PM

I read the local news, and there is several articles that made me interesting, a few weeks ago, the mobile version of the Bitcoin wallet bitcoin platform decided to eliminate the conversion of bitcoin currencies with USD. then replaced with Satoshi.

the decision was taken to eliminate dependence on fiat currency. because bitcoin capability if converted to fiat, will interfere.

developer samourai wallet says "farewall fiat" or "goodbye fiat".

I think that is far from happening now because a lot of people still do use FIAT and a lot of people don't know about crypto so we should have to wait for a while.

HearQuote

newbie

Activity: 1

Merit: 0

That's good news although I don't think it anyhow will diminish the role of fiat in our economies. USD will live on through.

Ruffian1314

copper member

Activity: 322

Merit: 0

I don't think that fiat currency will perish in cryptocurrency because bitcoin is not fully adopted as payment all around the world so it needs fiat currency to make transactions like buying bitcoin and to make a withdrawal for this is needed to be converted into fiat money.

ongkok87

sr. member

Activity: 1120

Merit: 256

there will never be fiat and USD currencies replaced with digital currencies if I think. because the government will never remain silent if the currency as a symbol of the state is replaced

Valer4ik

full member

Activity: 490

Merit: 101

You earn a cue ball that is pegged to the dollar. The more expensive the cue ball, the more dollars you have. With a stable rate of the cue ball against the dollar, everything is stable. The more expensive a dollar is against the ruble, the more rubles you have. The more rubles, the more you can buy uh.

meanwords

full member

Activity: 1624

Merit: 163

They want to be the first to leave fiat but in reality, Bitcoin is still very reliant on Fiat and USD. With fiat, Bitcoin would have no value as people won't be able to buy things using Bitcoin at will because of the way Bitcoin is built. Maybe in the future. Who knows.

passeroutpass

full member

Activity: 438

Merit: 100

I think you are saying goodbye to Fiat currency very early. Cryptocurrencies are so risky that it would be better for everyone to leave the Fiat currency alone for now.

voanquan

member

Activity: 150

Merit: 10

I do not think so. Bitcoin is still being converted into dollars and I think it will be more convenient to trade than Satoshi. Bitcoin is widely used in payment means it need fiat money to convert.

ibrar.noman

newbie

Activity: 67

Merit: 0

Quote from: Al-e_x on October 07, 2018, 05:26:47 PM

I read the local news, and there is several articles that made me interesting, a few weeks ago, the mobile version of the Bitcoin wallet bitcoin platform decided to eliminate the conversion of bitcoin currencies with USD. then replaced with Satoshi.

the decision was taken to eliminate dependence on fiat currency. because bitcoin capability if converted to fiat, will interfere.

developer samourai wallet says "farewall fiat" or "goodbye fiat".

Both Bitcoin and Fiat can be replaceable.there are still many countries that are not ready to use crypto because the facilities and infrastructure are still inadequate for all using crypto

bitfocus

member

Activity: 532

Merit: 15

it's too early to say bye bye to fiat and USD, at least my opinion.

ChristinaPi

newbie

Activity: 31

Merit: 0

I don't think fiat and usd will disappear because fiat and usd are what we need for the traditional market economy.

laiya94

copper member

Activity: 308

Merit: 0

Why people so much fast to eliminate fiat. I don't think the world is not ready to only use digital currencies. Yes, of course using digital money make good sense but still, there are peoples knowing zero about this field.

basyang

full member

Activity: 644

Merit: 100

Quote from: Al-e_x on October 07, 2018, 05:26:47 PM

I read the local news, and there is several articles that made me interesting, a few weeks ago, the mobile version of the Bitcoin wallet bitcoin platform decided to eliminate the conversion of bitcoin currencies with USD. then replaced with Satoshi.

the decision was taken to eliminate dependence on fiat currency. because bitcoin capability if converted to fiat, will interfere.

developer samourai wallet says "farewall fiat" or "goodbye fiat".

In my point of view, I could not think that cryptocurrency can replace fiat or even USD. As of now, this is so impossible to happened because we need physical money everyday in our life. Actually, not all of us has a good phones to used in cryptocurrency there is still a people who can not know the technology and some people will choose to used physical money because it is easy to use.

hdtqisg

sr. member

Activity: 686

Merit: 250

Bitcoin and altcoin can not completely replace cash and dollars. Bitcoin and altcoin will strongly support online transactions! Hopefully the rate will be higher in 2019

131tc01n

sr. member

Activity: 569

Merit: 250

this decision is very appropriate in my opinion, because it adds its own value to crypto currencies. When we hold crypto we don't need to mix in fiat.
Maybe fiat is better to use when you want to retrieve our crypto assets

zeingrind777

full member

Activity: 994

Merit: 138

Quote from: jademaxsuy on October 09, 2018, 03:51:16 AM

Quote from: Al-e_x on October 07, 2018, 05:26:47 PM

I read the local news, and there is several articles that made me interesting, a few weeks ago, the mobile version of the Bitcoin wallet bitcoin platform decided to eliminate the conversion of bitcoin currencies with USD. then replaced with Satoshi.

the decision was taken to eliminate dependence on fiat currency. because bitcoin capability if converted to fiat, will interfere.

developer samourai wallet says "farewall fiat" or "goodbye fiat".

You must not use fiat money for i think it has no use on you. Aside from that you i guess is a huge fan of cryptocurrency. Well I do believe in cryptocurrency but i am not generalizing that cryptocurrency could do better than fiat money. Fiat money is indeed a good medium for exchange and thus crypto could not surpassed. But, if we had crypto and fiat working together then it would be better.

Yes, I agree. fiat and crypto have in common as a transaction tool. it's just that crypto doesn't have physical forms like fiat and crypto can only be used in the internet network. Crypto and Fiat should have cooperation

jademaxsuy

full member

Activity: 924

Merit: 221

Quote from: Al-e_x on October 07, 2018, 05:26:47 PM

I read the local news, and there is several articles that made me interesting, a few weeks ago, the mobile version of the Bitcoin wallet bitcoin platform decided to eliminate the conversion of bitcoin currencies with USD. then replaced with Satoshi.

the decision was taken to eliminate dependence on fiat currency. because bitcoin capability if converted to fiat, will interfere.

developer samourai wallet says "farewall fiat" or "goodbye fiat".

You must not use fiat money for i think it has no use on you. Aside from that you i guess is a huge fan of cryptocurrency. Well I do believe in cryptocurrency but i am not generalizing that cryptocurrency could do better than fiat money. Fiat money is indeed a good medium for exchange and thus crypto could not surpassed. But, if we had crypto and fiat working together then it would be better.

Topic: goodbye fiat and USD. - page 10. (Read 1824 times)