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Topic: goodbye fiat and USD. - page 13. (Read 1824 times)

sr. member
Activity: 2114
Merit: 268
Leading Crypto Sports Betting & Casino Platform
October 07, 2018, 06:15:51 PM
#6
Those new in cryptocurrency and want to invest in it,  what will they use to get crypto is it not fiat?
Yes still fiat. They have to use other exchangers so they can have bitcoin, this is just an initiative that samourai wallet wants to do.

However, price of bitcoin still depending on USD/fiat.
Bitcoin and Fiat, can be replaceable. Because both of it already work on their side. But both of them can be collaborated and it is actually bad if we must say good bye fiat, or farewell fiat, because in crypto world, both of it can replace each other.
hero member
Activity: 3080
Merit: 603
October 07, 2018, 05:56:30 PM
#5
Those new in cryptocurrency and want to invest in it,  what will they use to get crypto is it not fiat?
Yes still fiat. They have to use other exchangers so they can have bitcoin, this is just an initiative that samourai wallet wants to do.

However, price of bitcoin still depending on USD/fiat.
jr. member
Activity: 336
Merit: 3
October 07, 2018, 05:56:19 PM
#4
Even with wider adoption there will still be the need to relate the value of Cryptocurrency in terms of fiat. It makes it easier to relate with. It is easier to quote the price of a cup of coffee as 5$ rather than say 0.0009 bitcoins
member
Activity: 451
Merit: 15
Investor
October 07, 2018, 05:54:04 PM
#3
then give all the fiat do you have to me Grin

The article means that there will be no value to the fiat and such. If this will be the case, if this will be given to you this is useless because it does not have a value anymore. But then this will happen in a long time for now. There should be a lot of adjustments to be done and it is not easy to happen.
newbie
Activity: 35
Merit: 0
Bitcoin Addict
October 07, 2018, 05:38:18 PM
#2
then give all the fiat do you have to me Grin
member
Activity: 560
Merit: 11
October 07, 2018, 05:26:47 PM
#1
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".
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