goodbye fiat and USD. - page 4. | Bitcointalksearch.org

Furious 7

hero member

Activity: 2856

Merit: 644

https://duelbits.com/

Quote from: Panchum on October 21, 2018, 08:44:56 PM

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".

A year from now l believe we will live in a cashless society ,fiat and SD will say goodbye to the world.we will live in a high technology world.And everyone will get ready for a one world government.

I'm not sure of your opinion, it's just a dream and if this happens I think it's a miracle.
but I have read that there are groups that will realize this. premason, forgive me if I'm wrong.

Mr.grin

legendary

Activity: 1218

Merit: 1000

Quote from: S4VV4S on October 22, 2018, 11:11:47 PM

Quote from: bangkit tri on October 21, 2018, 10:30:31 PM

i think fiat currency is still strong for now. the best achievement at this time is bitcoin can be a companion to fiat currency. and to replace it still takes a long time. Moreover, btc users are still minimal for now

Bitcoin will be able to walk along with fiat, it's hard for Bitcoin to replace fiat money because society is still very less knowledge about Cryptocurrency. So it will take a long time so that the public can use the Bitcoin or other Crypto correctly.

there are still so many shortcomings in bitcoin, or other cryptocurrency. I think that ETH can be a candidate, but seeing that the price is fast enough to go down, I think it is gone. well, for now maybe still too fast to say goodbye to fiat, and usd.

S4VV4S

hero member

Activity: 1582

Merit: 502

Quote from: bangkit tri on October 21, 2018, 10:30:31 PM

i think fiat currency is still strong for now. the best achievement at this time is bitcoin can be a companion to fiat currency. and to replace it still takes a long time. Moreover, btc users are still minimal for now

Bitcoin will be able to walk along with fiat, it's hard for Bitcoin to replace fiat money because society is still very less knowledge about Cryptocurrency. So it will take a long time so that the public can use the Bitcoin or other Crypto correctly.

bangkit tri

full member

Activity: 532

Merit: 101

Quote from: xp.rie on October 21, 2018, 09:04:18 PM

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".

for some reason I feel this post is funny, I guess what you say isn't necessarily happening, even if it happens it will probably take more than a decade. we will never know
the fact is that up to now we still use paper currency and the main thing you are joining here is most of the time to get lucky and then exchanged for fiat money. Cheesy

i think fiat currency is still strong for now. the best achievement at this time is bitcoin can be a companion to fiat currency. and to replace it still takes a long time. Moreover, btc users are still minimal for now

Cryptopiana

jr. member

Activity: 60

Merit: 3

I wonder if this was done by large request, or if the developer just gets tired of seeing the fluctuations in his bitcoin value.

stiletos

newbie

Activity: 28

Merit: 0

I think it is still too early to say goodbye to FIAT, because only a few businesses accept crypto now. Most people don't even have information about crypto, how to get involved and where and from who to buy them. some people don't even have access to internet nor have they seen a computer or smart phone. we need more years to start saying goodbye to FIAT.

xp.rie

hero member

Activity: 868

Merit: 500

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".

for some reason I feel this post is funny, I guess what you say isn't necessarily happening, even if it happens it will probably take more than a decade. we will never know
the fact is that up to now we still use paper currency and the main thing you are joining here is most of the time to get lucky and then exchanged for fiat money. Cheesy

Panchum

member

Activity: 378

Merit: 55

Be Good to me!

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".

A year from now l believe we will live in a cashless society ,fiat and SD will say goodbye to the world.we will live in a high technology world.And everyone will get ready for a one world government.

maulana rifai

full member

Activity: 331

Merit: 100

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.

I know that bitcoin and fiat money have their own advantages in place, bitcoin is very powerful in the digital world and fiat money is very strong in the real world. with that difference, I am sure no one will shift to each other.

kucritt

full member

Activity: 616

Merit: 100

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.

robelneo

legendary

Activity: 3416

Merit: 1225

Enjoy 500% bonus + 70 FS

Quote from: oriontab on October 07, 2018, 05:56:19 PM

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

That's a good point, every one of us would have to carry a cryptoconverter or similar application just to buy stuff and there will be a lot of changes every hour because crypto price is very volatile he don't even know if you continue to buy if he find out the price of coffee in Bitcoin has just doubled.

Pinkris128

sr. member

Activity: 812

Merit: 262

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 this wont going to happen. Fiat and USD are still powerful than bitcoin. They are more acceptable by all people unlike bitcoin that there are still some people who are against on it. It can easily replaced fiat and USD because it was supported by the law and the government. Maybe bitcoin has more high value than the two but that doesn't mean it bitcoin is now the no. Currency in the world.

vicvicto17

member

Activity: 362

Merit: 10

This will happen very very soon. We need a strong internet provider and 5G internet will be live soon as we can see a much more transaction on the blockchain we are moving on a digitalization age- The technology is moving forward and keeps evolving every year

Smart Phones will introduce us on the blockchain- No coiners will have an easy access on their phones- There's a saying bank the unbanked using blockchain,

Bonsaiav

full member

Activity: 602

Merit: 118

In the future, the development of users crypto currency will probably continue to grow. But, to shift the fiat currency I think it's not as easy as reversing the palm of the hand, there are many reasons that can block the process of this revolution, some of them are: the government will insist on maintaining its products, namely the money and the bank. Fiat currencies will continue to be used by the wider community, because the currency is more malleable and easy to use by anyone.

Febriana98

member

Activity: 224

Merit: 10

Bitcoin and Altcoins cannot possibly replace USD or other fiat currencies. Fiat currency is a symbol of the state, not easily replaced by cryptocurrencies, maybe all fiat currencies are now changed to crypto, but fiat currencies will still be there and run the same as cryptocurrencies.

SlickMoTwoToe

full member

Activity: 438

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".

If this will be implemented then we will have a cashless society where we can buy and do shopping by just capturing the qr code so we can get paid, it seems more interesting in this virtual currency and many economy would go down specially US because they didn't want bitcoin and they didn't adopt it and may regulations on their country.

darkangel020716

full member

Activity: 322

Merit: 100

Quote from: ljane on October 21, 2018, 05:45:16 PM

Although so many coins have been created and people are now getting to know that cryptocurrencies have a great future but I dont think it can push fiat and USD completely out of the system.

Yes I agree, I think it is a long way before that happens or the crypto currency will take over Fiat and USD in a sense that it is not that regulated yet and some other countries are not accepting crypto currency as of now. Maybe we should wait for it to happen.

Vaculin

hero member

Activity: 2940

Merit: 613

Winding down.

Quote from: 94K on October 21, 2018, 06:03:02 PM

These two entities have been in the system for long and I don't think it can be sacked or replaced by cryptocurrencies just like that. We have people who will still use fiat or USD even if crypto is completely accepted in the whole world.

Yes.Of course it cannot be denied.It's really hard to replace fiat currencies since many people are already attached to it.But with the new technology cryptocurrency bring,i'm sure a lot of people also will be interested in studying and definitely use it in money transactions.

94K

member

Activity: 350

Merit: 10

HiveNet - Distributed Cloud Computing

These two entities have been in the system for long and I don't think it can be sacked or replaced by cryptocurrencies just like that. We have people who will still use fiat or USD even if crypto is completely accepted in the whole world.

ljane

full member

Activity: 467

Merit: 100

Although so many coins have been created and people are now getting to know that cryptocurrencies have a great future but I dont think it can push fiat and USD completely out of the system.

Topic: goodbye fiat and USD. - page 4. (Read 1824 times)