Topic: goodbye fiat and USD. - page 9. (Read 1824 times)
then give all the fiat do you have to me Grin
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 dont get the point. Bitcoin will not be converted to fiat but to satoshis? Satoshis are bitcoin units how can it be converted or exchanged to its own kind and besides if fiat will not be needed what will be the value of bitcoin and which currency will it be based? If one wants to buy bitcoin, which currency will he use in buying it? 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 order to say goodbye to Fiat, the time has not come yet: people are not ready to use only crypto in everyday life, crypto itself is not ready to fully perform payment functions, and electronic coins have not yet been officially accepted by most countries of the world.
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".
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".
Mass media always exaggerate the facts. People used fiat for thousands years, switching to cryptocurrencies should take much more time.
The total amount of Bitcoin is fixed and is a deflationary currency. If Bitcoin replaces the fiat currency, it will immediately lead to a deflationary economy. In other words, your wages will fall after a period of time, because bitcoin is rising; the GDP of the country that is denominated in bitcoin will never rise, and the state will increase taxes to make up the coinage tax. So I do not think that Bitcoin will replace fiat currency.
I still can't say that, bro. because the proof now I still need fiat money and USD. because bitcoin and other crypto still cannot be used as currencies like paper currencies in my country in Indonesia
You right for now we cannot eliminate fiat or local currency in our lives because we cannot depend on crypto for payment and shopping methods, because you certainly know the limitations in accepting of bitcoin as a currency make it difficult for us to pay with bitcoin
I want to believe that before the fiats can be totally removed from bitcoin app wallets then the bitcoin must have been fully operational as a means of payments all over the specified areas. As for now, the fiats are fully in operation with the cryptocurrency markets
I still can't say that, bro. because the proof now I still need fiat money and USD. because bitcoin and other crypto still cannot be used as currencies like paper currencies in my country in Indonesia
I'm not agreeing at this time, because Bitcoin is still worth reviewing. on blockchain, this technology is very great, but in bitcoin. I still lack confidence because of its value. if samourai removes fiat pairs it doesn't matter. because it's their right the developers. but as a Bitcoin user. we still need fiat to become bitcoin to function in the real world.
Yes, that's true, for samourai wallet developers I think it's up to them because they have the right to remove USD from that wallet. But if you say goodbye to USD in general I don't approve it. Because it's not easy to remove the paper money. So just let Bitcoin and USD continue together in the economic world. 
I'm not agreeing at this time, because Bitcoin is still worth reviewing. on blockchain, this technology is very great, but in bitcoin. I still lack confidence because of its value. if samourai removes fiat pairs it doesn't matter. because it's their right the developers. but as a Bitcoin user. we still need fiat to become bitcoin to function in the real world.
I do not think it is a very good idea. People will eventually check the fiat price on Google or some other places. This is the problem with non-profit things... It is free, people don't have choice and will use it anyways. A profit driven wallet would do everything it can to satisfy its users otherwise they move to convenient wallets.
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 opinion it would be better, converted with satoshi, because all this time bitcoin is highly dependent on converted USD, hopefully it will make the price of bitcoin better, because it doesn't depend on USD 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 sure in the future we will say that, its going there,just slowly,but going. Right now its still to early,cryptomarket is too young. but fiat will fall definately.
It is too early to say that.
People that know about Bitcoin and the amount of money invested in it are not enough to make Bitcoin replace FIAT.
(Can you tell us the name of the developer that said "farewall" Fiat!!
People that know about Bitcoin and the amount of money invested in it are not enough to make Bitcoin replace FIAT.
(Can you tell us the name of the developer that said "farewall" Fiat!!
then give all the fiat do you have to me
ups, sorry bro! all the fiat that I have has become bitcoin and ETH. I regret, because I was late knowing bitcoin, so, part of my company's salary, I always use it to buy bitcoin and ETH or other digital currencies.Then he said this.
You are referring to your salary which is fiat. Ain't you going to have a problem when your salary comes and you cannot buy bitcoin anymore.
If it is samourai like what you said then it is a good step for them. Although this world is still relying on the traditional fiat. Remember, "traditional".
You must first kill that tradition to replace it with something new.
I am a bitcoin fan but this is how the real world goes and you cannot just change that in an instant.
I do not think that all ATMs will cease to perform this function. I think that traditional currencies should work as a whole with cryptocurrency.
Those new in cryptocurrency and want to invest in it, what will they use to get crypto is it not fiat?
still they will go to fiat for sure, not unless the bitcoin will be widely accepted by the merchant on a certain place where you can buy ordinary primary commodities in micropayments, but until it happens fiat still the basis for our spending from day to dayThose new in cryptocurrency and want to invest in it, what will they use to get crypto is it not fiat?
Yes its true, fiat does have a important role in our econmy and especially in cryptocurrency, it will take a lot of time to eliminate all fiat. A lot of people still consider cryptocurrency as a investation and not everyone is using it for transaction cause many merchants still not support it. So time will tell when crypto will be major thing to be use in our transactions but i truly believe it would happen eventually.Well i think most of us understand that this goodbye fiat thing isn't going to work anytime soon. We may not even be around anymore if that's even going to happen
Those new in cryptocurrency and want to invest in it, what will they use to get crypto is it not fiat?
Yes its true, fiat does have a important role in our econmy and especially in cryptocurrency, it will take a lot of time to eliminate all fiat. A lot of people still consider cryptocurrency as a investation and not everyone is using it for transaction cause many merchants still not support it. So time will tell when crypto will be major thing to be use in our transactions but i truly believe it would happen eventually. 
USD currency is very good because many countries accept it for purchases, sales and more. Even now the price of bitcoin still refers to the USD, initially investors can buy bitcoin only with USD, but after crypto develops around the world, Crypto can be bought with local currency provided at the exchange place in their respective countries.
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