I have read several threads that say "fiat will die and will be replaced with crypto" as you agree? I personally do not agree. because when the real system is already established in value and a new system comes with a fluctuating value, the government will not take that risk. But do you agree if Fiat collaborates with crypto in building a future financial system? without killing one system. share your opinion about this.
Of course, cryptocurrency can never replace the traditional national money of states. State governments will not allow this. And cryptocurrency by its nature is not capable of this. Stable coins can partially displace fiat, but state cash should remain. Even highly developed states with a high level of income of citizens who want to get rid of paper money will still use their non-cash money. 
Topic: harmonization of fiat and crypto - page 4. (Read 22987 times)
Fiat and crypto have harmonization each other and we can't make one of them could stand by self with have each of fiat of crypto, with fiat crypto could be most profitable because many people still use money for many transaction kinds in their country, without crypto fiat look lke not completed with many transaction for other country faster by crypto.
We still can't say that fiat and cryptocurrencies are in harmony but sooner or later they will have to be.
Cryptocurrencies have become part of many societies and governments and central banks need to find the way how to regulate it the best way because with time cryptocurrencies will only grow.
That doesn't mean that people will stop to use fiat currencies, that will not happen but probably will combine the best of both. Therefore the best option for harmony of fiat and cryptocurrencies should be found as soon as possible.
Both Ecosystems are going to exist in the future.
The same way as Gold exists with fiat money. People cannot stop using the one currency and only use the other. The co-existance of them and the harmonization of the economic system needs to be achieved by governments.
By 2020 there will be a series of launches by some countries in stablecoins, and China has it ready, France is looking forward to doing a project, the ECB (European Central Bank) has great interest in launching its stablecoin, Libra which is the largest competition of these, I think this could give some liquidity for FIAT money, it is known that with cryptocurrencies it is another type of liquidity that is acquired through blockchain, it is not about facing fiat vs crypto, both can coexist, now what Interested in all this is that it will bring greater adoption to Bitcoin, and if this happens all altcoins grab more life, everyone wins.
I have read several threads that say "fiat will die and will be replaced with crypto" as you agree? I personally do not agree. because when the real system is already established in value and a new system comes with a fluctuating value, the government will not take that risk. But do you agree if Fiat collaborates with crypto in building a future financial system? without killing one system. share your opinion about this.
This is quite reasonable. Because we should not rely too much on crypto, it is always volatile and institutions are unreliable. If it is possible to combine both to make the payment system better and more diverse, then I think the service industry will be much more developed. because I've had a lot of problems exchanging money when traveling in other countries. I don't want to waste time on these things so I hope countries will adopt a common currency to make it easier for people to travel. Fiat and crypto have harmonization each other and we can't make one of them could stand by self with have each of fiat of crypto, with fiat crypto could be most profitable because many people still use money for many transaction kinds in their country, without crypto fiat look lke not completed with many transaction for other country faster by crypto.
We still can't say that fiat and cryptocurrencies are in harmony but sooner or later they will have to be.
Cryptocurrencies have become part of many societies and governments and central banks need to find the way how to regulate it the best way because with time cryptocurrencies will only grow.
That doesn't mean that people will stop to use fiat currencies, that will not happen but probably will combine the best of both. Therefore the best option for harmony of fiat and cryptocurrencies should be found as soon as possible.
Probably not yet fully harmonized with each other but i think it's just a matter of time. I think crypto was meant to be like that in the first place. That would likely come when crypto becomes more accepted by the people the same way they accept fiat. Though we may see some significant changes in crypto with that since some features may have to be given up.
Fiat and crypto have harmonization each other and we can't make one of them could stand by self with have each of fiat of crypto, with fiat crypto could be most profitable because many people still use money for many transaction kinds in their country, without crypto fiat look lke not completed with many transaction for other country faster by crypto.
We still can't say that fiat and cryptocurrencies are in harmony but sooner or later they will have to be.
Cryptocurrencies have become part of many societies and governments and central banks need to find the way how to regulate it the best way because with time cryptocurrencies will only grow.
That doesn't mean that people will stop to use fiat currencies, that will not happen but probably will combine the best of both. Therefore the best option for harmony of fiat and cryptocurrencies should be found as soon as possible.
I have read several threads that say "fiat will die and will be replaced with crypto" as you agree? I personally do not agree. because when the real system is already established in value and a new system comes with a fluctuating value, the government will not take that risk. But do you agree if Fiat collaborates with crypto in building a future financial system? without killing one system. share your opinion about this.
no , i dont think so. Crypto should not be in any country's payment system. why i think so? because this is a risky market and adept speculators call it game of money. This is not a normal financial market, this is a market of price manipulation. Therefore, businesses holding lots of coins only increase their risk. I think our society should only have fiat money and some fast payment wallet systems, that's more than enough.where do you find crypto used as payment? in reality, crypto still difficult to accepted by part people in the world. people tend to reject crypto because they assumes crypto is complicated and very simple use fiat money as a payment. it happen in few country
but maybe in the future crypto and fiat money can collaborates together, while internet kids growing up
Each of us want an easy way of transaction and by using fiat is still the best way to pay since not all stores accept crypto currency. Likewise, there are some stores adopt the crypto currency mode of payments but since then it needs an internet connection to access your transaction. Also, I don't think it needs to kill the fiat because some small establishment needed it unlike crypto currency.
I have read several threads that say "fiat will die and will be replaced with crypto" as you agree? I personally do not agree. because when the real system is already established in value and a new system comes with a fluctuating value, the government will not take that risk. But do you agree if Fiat collaborates with crypto in building a future financial system? without killing one system. share your opinion about this.
no , i dont think so. Crypto should not be in any country's payment system. why i think so? because this is a risky market and adept speculators call it game of money. This is not a normal financial market, this is a market of price manipulation. Therefore, businesses holding lots of coins only increase their risk. I think our society should only have fiat money and some fast payment wallet systems, that's more than enough.where do you find crypto used as payment? in reality, crypto still difficult to accepted by part people in the world. people tend to reject crypto because they assumes crypto is complicated and very simple use fiat money as a payment. it happen in few country
but maybe in the future crypto and fiat money can collaborates together, while internet kids growing up
I have read several threads that say "fiat will die and will be replaced with crypto" as you agree? I personally do not agree. because when the real system is already established in value and a new system comes with a fluctuating value, the government will not take that risk. But do you agree if Fiat collaborates with crypto in building a future financial system? without killing one system. share your opinion about this.
no , i dont think so. Crypto should not be in any country's payment system. why i think so? because this is a risky market and adept speculators call it game of money. This is not a normal financial market, this is a market of price manipulation. Therefore, businesses holding lots of coins only increase their risk. I think our society should only have fiat money and some fast payment wallet systems, that's more than enough.where do you find crypto used as payment? in reality, crypto still difficult to accepted by part people in the world. people tend to reject crypto because they assumes crypto is complicated and very simple use fiat money as a payment. it happen in few country
but maybe in the future crypto and fiat money can collaborates together, while internet kids growing up
If cryptocurrency have many positive respond not only from investor but also from company I think fiat just waiting time when they will be die, Fiat only give us soft service for transaction but could't not give how to increase money using Fiat and bitcoin can give us both of faster transaction and by using bitcoin could increase our money.
Let us say that a lot of people accepts and finds cryptocurrency a good currency to have, i think fiat will not vanished or die even if cryptocurrency became mainstream because even though every single one of us knows about cryptocurrency, we can't take the fact that some people are not keeping up with technology, they don't have any devices that they can use to manage and use their cryptos. As of now crypto does not have a very fast transaction for each transaction last for about an hour or 30mins so it isn't that far from fiat. I think we don't need to cross out one of the two things, using it simultaneously can give us much better experience and more opportunities. I have read several threads that say "fiat will die and will be replaced with crypto" as you agree? I personally do not agree. because when the real system is already established in value and a new system comes with a fluctuating value, the government will not take that risk. But do you agree if Fiat collaborates with crypto in building a future financial system? without killing one system. share your opinion about this.
no , i dont think so. Crypto should not be in any country's payment system. why i think so? because this is a risky market and adept speculators call it game of money. This is not a normal financial market, this is a market of price manipulation. Therefore, businesses holding lots of coins only increase their risk. I think our society should only have fiat money and some fast payment wallet systems, that's more than enough.where do you find crypto used as payment? in reality, crypto still difficult to accepted by part people in the world. people tend to reject crypto because they assumes crypto is complicated and very simple use fiat money as a payment. it happen in few country
but maybe in the future crypto and fiat money can collaborates together, while internet kids growing up
Fiat is indespensible , it cannot be ever killed even if people are using cryptocurrencies , one should understand that not everyone in this society does have access to Internet , cryptocurrencies , knowledge about cryptocurrencies and owns some cryptocurrencies.
The poor farmers and their families , how do you think you can actually ask them to accept payment in cryptocurrencies? How do you think you will ask a person to connect with internet open a wallet and you will send them money when they don't own any mobile.
The world is driven in poverty and people are dying of hunger everyday and not everyone is fortunate enough to own all these things that would make it possible and the government is too corrupt to do anything about it and people are too selfish to help.
The poor farmers and their families , how do you think you can actually ask them to accept payment in cryptocurrencies? How do you think you will ask a person to connect with internet open a wallet and you will send them money when they don't own any mobile.
The world is driven in poverty and people are dying of hunger everyday and not everyone is fortunate enough to own all these things that would make it possible and the government is too corrupt to do anything about it and people are too selfish to help.
I have read several threads that say "fiat will die and will be replaced with crypto" as you agree? I personally do not agree. because when the real system is already established in value and a new system comes with a fluctuating value, the government will not take that risk. But do you agree if Fiat collaborates with crypto in building a future financial system? without killing one system. share your opinion about this.
no , i dont think so. Crypto should not be in any country's payment system. why i think so? because this is a risky market and adept speculators call it game of money. This is not a normal financial market, this is a market of price manipulation. Therefore, businesses holding lots of coins only increase their risk. I think our society should only have fiat money and some fast payment wallet systems, that's more than enough.I have read several threads that say "fiat will die and will be replaced with crypto" as you agree? I personally do not agree. because when the real system is already established in value and a new system comes with a fluctuating value, the government will not take that risk. But do you agree if Fiat collaborates with crypto in building a future financial system? without killing one system. share your opinion about this.
no , i dont think so. Crypto should not be in any country's payment system. why i think so? because this is a risky market and adept speculators call it game of money. This is not a normal financial market, this is a market of price manipulation. Therefore, businesses holding lots of coins only increase their risk. I think our society should only have fiat money and some fast payment wallet systems, that's more than enough.Bitcoin will indeed be a form of payment in the future, but it is currently very rare to use it for transactions. Most people use Bitcoin and crypto to earn profits from trading, long,short or middle term.
I have read several threads that say "fiat will die and will be replaced with crypto" as you agree? I personally do not agree. because when the real system is already established in value and a new system comes with a fluctuating value, the government will not take that risk. But do you agree if Fiat collaborates with crypto in building a future financial system? without killing one system. share your opinion about this.
no , i dont think so. Crypto should not be in any country's payment system. why i think so? because this is a risky market and adept speculators call it game of money. This is not a normal financial market, this is a market of price manipulation. Therefore, businesses holding lots of coins only increase their risk. I think our society should only have fiat money and some fast payment wallet systems, that's more than enough.
I have read several threads that say "fiat will die and will be replaced with crypto" as you agree? I personally do not agree. because when the real system is already established in value and a new system comes with a fluctuating value, the government will not take that risk. But do you agree if Fiat collaborates with crypto in building a future financial system? without killing one system. share your opinion about this.
no , i dont think so. Crypto should not be in any country's payment system. why i think so? because this is a risky market and adept speculators call it game of money. This is not a normal financial market, this is a market of price manipulation. Therefore, businesses holding lots of coins only increase their risk. I think our society should only have fiat money and some fast payment wallet systems, that's more than enough. 
I have read several threads that say "fiat will die and will be replaced with crypto" as you agree? I personally do not agree. because when the real system is already established in value and a new system comes with a fluctuating value, the government will not take that risk. But do you agree if Fiat collaborates with crypto in building a future financial system? without killing one system. share your opinion about this.
Zimbabwe and Venezuela are both insolvent due to excessive borrowing and there seems to be no way to repay them again, which is why a number of countries accuse them and eventually the inflation of the currency must They increased sharply because they printed more money to pay debts. fiat money always has its weaknesses but the person who makes the high inflation rate is led by the leader. Of course, too much debt is also due to part of the corruption being too great for the country to get worse.but not so that we choose crypto as a common currency. It is a volatile asset and no one can guarantee any organization, Legit. That's why I still support Fiat money.
At the present time, we are simultaneously using satellite and mobile communications, and wired communications are also present in the remote places of each country. And also today, many use wired Internet, not just Wi-Fi, and in most countries it is wired Internet that gives the best speed, despite the availability of high technology. With these words, I want to say that there will always be a user who will use cryptocurrency, just as there will be another user who will use only fiat funds. Based on this, I believe that cryptocurrency and fiat currencies can exist together without harming each other.
I think it's too early to talk about the harmony of fiat and cryptocurrency. You are talking about a new system that should appear, it will probably appear, and maybe not.
I think "harmony" for fiat means to be an intermediary between the cryptocurrency and the user.
all possibilities can happen along with the times and technology as well as the relationship between fiat currency and crypto currencies We also know that crypto currencies are created with technological advancements to meet the needs along with the times and it is also impossible that the government will also use these advances to economic development I think "harmony" for fiat means to be an intermediary between the cryptocurrency and the user.
I have read several threads that say "fiat will die and will be replaced with crypto" as you agree? I personally do not agree. because when the real system is already established in value and a new system comes with a fluctuating value, the government will not take that risk. But do you agree if Fiat collaborates with crypto in building a future financial system? without killing one system. share your opinion about this.
yes, agree if fiat can collaborate with cryptocurency and can build a stronger economy. and I don't think that cryptocurrency will replace fiat money. because fiat money has been used for a long time and also not everyone can have internet access so they always rely on fiat money in everyday transactions.
Jump to: