goodbye fiat and USD. - page 2. | Bitcointalksearch.org

Opnsrc

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Quote from: kucritt on October 21, 2018, 07:36:58 PM

fiat and USD is never die, bitcoin and fiat currency is a very different, we can see that fiat currency is have the physical form, and bitcoin and other cryptocurrency is not have it, so i think bitcoin and fiat is different things, so fiat will never changed with bitcoin.

It is nonsense to say good bye for the traditional money. Fiat will never change the cryptocurrency for many people, especially those that live in the developing countries and in the poorest areas.

Mpamaegbu

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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 should put up a link to a vital news or story you share here to authenticate your source. Otherwise, you are mere blabbing or playing to the gallery. On a more serious note, there's no way anyone can make fiat totally disappear in replacement for Bitcoin. That isn't going to happen. At least not in this century where a lot of countries don't even have electricity and Internet stabilized. The third world countries of Africa are glaring examples of "how not to make fiat disappear."

mornabo

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Quote from: ASHLIUSZ on October 24, 2018, 05:44:04 PM

Quote from: oktana on October 24, 2018, 05:13:16 PM

Is that true and the news is very strong because currently the USD is still used in all markets and Theter also still has the current price even though when Theter fell because the problem will be removed from the market but until now the news is only a problem.
Maybe this is not the time for Bitcoin to replace Fiat because many countries are not ready to change their currencies.

Countries have been making their own digital currency, but they were not with the plans of stopping the use of fiat and move completely towards cryptocurrency. To me it can be considered as a starting of the increasing usage and adoption of cryptocurrency which might further decrease the usage of fiat gradually.

I tell you this, digital currency is also included in the fiat system dude. credit card, debit card, or paypal, or other payment applications. is part of Fiat because it uses fiat currency or usd, so you are wrong to say that digital currency is increasingly being used but stopping fiat

goldSkylark

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Quote from: Glutius on October 17, 2018, 11:45:42 AM

This is an interesting thought, but we will say goodbye to Fiat and dollars very, very not soon. National money will go away for a long time, even in the country where bitcoin will be fully accepted. The world cannot change very quickly, it will take a long time.

Correct. Not anytime soon, but it will certainly happen. A complete restructuring our financial paradigm can’t happen overnight, obviously. But if analysts are convinced we will become a cashless society, then I trust it’s going to happen.

Koenraad Lange

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Quote from: jtrapirap on October 24, 2018, 05:32:38 PM

I guess fiat money will still remains and it might coexist with Cryptocurrency as we have observed now. But, i believe crypto will overtake fiat usage in the years to come when this new mainstream technology will be fully accepted by the majority of our society and its few major issues like on technical side will be resolved.

I believe that banknotes will forever remain, because more practical, stable and easy to use even though they are not educated. Unlike bitcoin or cryptocurrency. Besides having to be educated because of using technology, it is also very dependent on the internet. Without the internet, cryptocurrency cannot be used.

Crafts12

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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 fiat will not bid goodbye to all of us. Although we have a new currency that sometimes makes us live conveniently, fiat currency cannot be eliminate forever for a reason that not all the people all over the world have the capability to access digital currency. Also, not all of us understands how cryptocurrency works in things and in market so saying goodbye to fiat currency is to early to conclude.

thenameisjay

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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".

Too early to bid goodbye on fiat money. It is still largely used by everyone, including the rich sector of the society so we can never still be apart from fiat money. I think that we still a long way to go to finally make cryptocurrency especially bitcoins to go global and mainstream use.

princeyeboah

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Quote from: rickyNmorty on October 07, 2018, 05:54:04 PM

Quote from: ultracrypto on October 07, 2018, 05:38:18 PM

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.

Definitely, it is a revolutionary idea to make Bitcoin entirely independent yet it has not met the mainstream adoption. Eliminating the fiat totally will cause the potential investors more hustle in order to get Bitcoin. Remember, it is with fiat that investors used to purchase Bitcoins.

entebah

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Quote from: andylioe78 on October 24, 2018, 06:02:24 PM

Bitcoin prices still refer to USD / fiat and everything in the cryptocurrency still requires money. People will forever consider bitcoin as a good investment like gold.

Yes it's true, Bitcoin and USD will not be separated. Bitcoin is a digital currency that is very good for modern society today as a new breakthrough in sending money quickly and cheaply. While the USD is the currency of the real world society that has existed since time immemorial. So BTC and USD will continue side by side.

andylioe78

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Bitcoin prices still refer to USD / fiat and everything in the cryptocurrency still requires money. People will forever consider bitcoin as a good investment like gold.

ASHLIUSZ

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Quote from: oktana on October 24, 2018, 05:13:16 PM

Is that true and the news is very strong because currently the USD is still used in all markets and Theter also still has the current price even though when Theter fell because the problem will be removed from the market but until now the news is only a problem.
Maybe this is not the time for Bitcoin to replace Fiat because many countries are not ready to change their currencies.

Countries have been making their own digital currency, but they were not with the plans of stopping the use of fiat and move completely towards cryptocurrency. To me it can be considered as a starting of the increasing usage and adoption of cryptocurrency which might further decrease the usage of fiat gradually.

dealsmith

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As far as I'm concerned, paper money will not disappear forever but will coexist with crypto money. because the government will not allow crypto as a formal unit that can completely replace the paper money

blokceyin

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Quote from: ultracrypto on October 07, 2018, 05:38:18 PM

then give all the fiat do you have to me Grin

LOL

I think it still to early to say that. We need time for a better and proper adoption for Bitcoin.

jtrapirap

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I guess fiat money will still remains and it might coexist with Cryptocurrency as we have observed now. But, i believe crypto will overtake fiat usage in the years to come when this new mainstream technology will be fully accepted by the majority of our society and its few major issues like on technical side will be resolved.

oktana

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Is that true and the news is very strong because currently the USD is still used in all markets and Theter also still has the current price even though when Theter fell because the problem will be removed from the market but until now the news is only a problem.
Maybe this is not the time for Bitcoin to replace Fiat because many countries are not ready to change their currencies.

Sam San

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Quote from: haidil on October 24, 2018, 01:40:45 PM

Quote from: ruybanoya on October 24, 2018, 08:14:12 AM

bitcoin will be accepted around the world soon.

of course bitcoin will be accepted, if you often read the news of course the development of bitcoin is just as good, but to replace fiat is very unlikely, we'll see the future of bitcoin is getting better

modern development of applications for bitcoin, allow them to pay as a regular Fiat card in any store on the street, any Internet store. such Kats with the crypt and Fiat will increasingly be introduced to drive simple cash cards.

oginiimaoyani

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To me i would not say is possible because fiats has it's own roll playing to help individuals as in beginners to start up the crpto business somsaying goodby to fiats and USD is not be a bit difficult.

haidil

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Quote from: ruybanoya on October 24, 2018, 08:14:12 AM

bitcoin will be accepted around the world soon.

of course bitcoin will be accepted, if you often read the news of course the development of bitcoin is just as good, but to replace fiat is very unlikely, we'll see the future of bitcoin is getting better

ubay

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I think all crypto need FIAT to be converted. But it does not rule out the possibility that later bitcoin and FIAT will separate and run separately. We will see later.

carlisle1

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Quote from: ultracrypto on October 07, 2018, 05:38:18 PM

then give all the fiat do you have to me Grin

Can i have something also?since i am in need of fiats lol

Whats the purpose of this?The thread supported by nothing even links about the decision OP has been telling us,so this is nonsense

I still believe that fiat will remain together with cryptocurrency in future,they will help each others to serve the people

Topic: goodbye fiat and USD. - page 2. (Read 1824 times)