Topic: Its time to go in crypto lets leave fiat cutrency - page 4. (Read 1212 times)
Honestly, if I could do it, I %100 would go into full on crypto. I have a bank account connected to my binance anyway and if I ever need some cash then I would convert them and then just live with crypto as long as possible. However, reality is that we are living in a situation where fiat is almost always needed and there are only a small amount of places that accept crypto, which is why I do not believe that we should be converting all we have into crypto for the time being. Just put as much money as you can afford to lose and that is it, just forget about it and move on with your life, so that in the future it will worth a lot and you would be earning a ton.
I'm not sure if this will ever gonna happen because we already Knew that fiat will be there to live forever , I mean yeah crypto and other online cash will exist and dominate the world but Fiat will always remain as this will be still the safest.
meaning this will take long before happening .
Not really of the mindset that i should go full into crypto leaving beside my fiat at the moment because we can't rely fully on the crypto.The fiat is still legal tender and can be used for daily expenses while crypto not and you can't spend it on small items if you have planned long term investment through them.The fiat is inflationary but in current times also it's not volatile and you could still have the same value of notes to spend.So there are many reasons by which fiat is still is used in many ways and can't dilute its usage.They can go side by side as an alternate.
the availability and the situation facing of us to our country and government will always hinder us from having this.meaning this will take long before happening .
Not really of the mindset that i should go full into crypto leaving beside my fiat at the moment because we can't rely fully on the crypto.The fiat is still legal tender and can be used for daily expenses while crypto not and you can't spend it on small items if you have planned long term investment through them.The fiat is inflationary but in current times also it's not volatile and you could still have the same value of notes to spend.So there are many reasons by which fiat is still is used in many ways and can't dilute its usage.They can go side by side as an alternate.
Im ready lets go but also assets prices need to reset and then again slowly to gain value of prices.
So we buy house with. 10 doge coins so its equal to 500k yes there will be more people who against this they might say its not fair ...but we dont care life is not fair.
Im ready to go full in crypto and im sure all u are ready to get all the assets in the world for crypto.
As war situation fiat curremcy might not used anyways for sometime in some european countries to get properties with btc
sad to say mate but i am not ready yet, there are so much to spend but limited chance here , even if i wanted yet my country denies this opportunity .So we buy house with. 10 doge coins so its equal to 500k yes there will be more people who against this they might say its not fair ...but we dont care life is not fair.
Im ready to go full in crypto and im sure all u are ready to get all the assets in the world for crypto.
As war situation fiat curremcy might not used anyways for sometime in some european countries to get properties with btc
but if given a chance? i would love to do it and take my chances living in fiat only.
Currently it will be hard to go into crypto completely, because we are just having little percentage of the total population of the world that accept bitcon or cryptocurrency, most stores don't accept bitcoin because the volatility and they don't really know how to handle, so I believe it won't be possible for now to go into cryptocurrency completely we still have to be making use of fiat currency, but I believe later in the future it will be possible.
that is the point . i don't know why op tries to push this knowing that this is impossible to happen for now. 
Im ready lets go but also assets prices need to reset and then again slowly to gain value of prices.
So we buy house with. 10 doge coins so its equal to 500k yes there will be more people who against this they might say its not fair ...but we dont care life is not fair.
Im ready to go full in crypto and im sure all u are ready to get all the assets in the world for crypto.
As war situation fiat curremcy might not used anyways for sometime in some european countries to get properties with btc
What do you mean by reset? Lol, the price to go back to zero and then "slowly gain value"? What value are you talking about if you want to leave fiat. If there is no fiat, then the value of 1 bitcoin would be 1 bitcoin. You say you want to leave fiat currency, but then again you compare the value of doge coin with fiat currency. So we buy house with. 10 doge coins so its equal to 500k yes there will be more people who against this they might say its not fair ...but we dont care life is not fair.
Im ready to go full in crypto and im sure all u are ready to get all the assets in the world for crypto.
As war situation fiat curremcy might not used anyways for sometime in some european countries to get properties with btc
Just because you are ready to go full crypto doesn't mean the whole world is. In fact base on your post, it looks like you are no where near ready to go full crypto.
Im ready lets go but also assets prices need to reset and then again slowly to gain value of prices.
How can it be? Im ready to go full in crypto and im sure all u are ready to get all the assets in the world for crypto.
Personally, you may be ready, but how is your environment? What is your country's regulation? Will they legalize it or have they legalized crypto as legal tender or payment or currency? If not, this is something that we are dreaming of only to full in crypto, fiat will be still there around us. SO far, crypto still faces the big problem, that is regulation about crypto itself fin every country that is different each other. Some are only legalizing crypto as commodity assets, limited for investing and trading. On some other countries, crypto is legal tender so that this may be fully condcuted, but only few countries that really have this. The worst thing is on the countries in which they ban crypto or still don't legalize crypto, this will be impossible to do right now.
It is indeed dependent on how your government is doing business with crypto. Let us say, you have crypto but can you pay the merchants, shops or supermarkets around your area with crypto? I don't think that would be the case in most crypto users. Because up until now, not many merchants are accepting crypto as payment method, mostly they are accepting your local fiat. So this is hard, because if you can't pay crypto, you still need to convert your crypto to your local fiat in order to use it.
Im ready lets go but also assets prices need to reset and then again slowly to gain value of prices.
How can it be? Im ready to go full in crypto and im sure all u are ready to get all the assets in the world for crypto.
Personally, you may be ready, but how is your environment? What is your country's regulation? Will they legalize it or have they legalized crypto as legal tender or payment or currency? If not, this is something that we are dreaming of only to full in crypto, fiat will be still there around us. SO far, crypto still faces the big problem, that is regulation about crypto itself fin every country that is different each other. Some are only legalizing crypto as commodity assets, limited for investing and trading. On some other countries, crypto is legal tender so that this may be fully condcuted, but only few countries that really have this. The worst thing is on the countries in which they ban crypto or still don't legalize crypto, this will be impossible to do right now.
You are ready for it but that doesn't mean everyone can be ready for it.
Don't forget that at this time, fiat still dominates even in all regions.
It is undeniable that the community of crytpo lovers is still very small compared to fiat and paper money, even though when they entered here, almost all of them did not really like fiat because they prioritized crypto.
But they still can't be separated from today's daily life
Don't forget that at this time, fiat still dominates even in all regions.
It is undeniable that the community of crytpo lovers is still very small compared to fiat and paper money, even though when they entered here, almost all of them did not really like fiat because they prioritized crypto.
But they still can't be separated from today's daily life
Currently it will be hard to go into crypto completely, because we are just having little percentage of the total population of the world that accept bitcon or cryptocurrency, most stores don't accept bitcoin because the volatility and they don't really know how to handle, so I believe it won't be possible for now to go into cryptocurrency completely we still have to be making use of fiat currency, but I believe later in the future it will be possible.
The percentage of people who is using cryptocurrency is more related to people who is using fiat today, because for out side world everyone have little ideas of Bitcoin, so from my view cryptocurrency is not dominating over the world, because i don't that no country that don't know cryptocurrency or don't have Bitcoin awareness, but from the my understanding i know that both Bitcoin and fiat is working hand to hand and fiat currency cant be eliminated because of generally acceptance of cryptocurrencies and especially bitcoinFrom your post, you said everyone is having little idea about bitcoin seriously I can say you are wrong, maybe in your country you can say everyone is having little idea about bitcon, but in my country is not like that, in my country just few people know about bitcoin, the percentage of people that don't know about bitcon is far more than the once that know about bitcoin, some people have not even heard the name bitcoin before.
Currently it will be hard to go into crypto completely, because we are just having little percentage of the total population of the world that accept bitcon or cryptocurrency, most stores don't accept bitcoin because the volatility and they don't really know how to handle, so I believe it won't be possible for now to go into cryptocurrency completely we still have to be making use of fiat currency, but I believe later in the future it will be possible.
This might happen later but not at this moment. Yes there are countries allowing crypto currency transactions but still assets are yet to be bought with a crypto currency. But when almost max have crypto currencies and if the currency held is accepted and is ok for utilizing it then yes is worth and then yes there are chances to buy an asset. It would take few years.
Im ready lets go but also assets prices need to reset and then again slowly to gain value of prices.
So we buy house with. 10 doge coins so its equal to 500k yes there will be more people who against this they might say its not fair ...but we dont care life is not fair.
Im ready to go full in crypto and im sure all u are ready to get all the assets in the world for crypto.
As war situation fiat curremcy might not used anyways for sometime in some european countries to get properties with btc
switching to 100% crypto (I mean Bitcoin) is one of my desires since I first experienced the incredible benefits of crypto...So we buy house with. 10 doge coins so its equal to 500k yes there will be more people who against this they might say its not fair ...but we dont care life is not fair.
Im ready to go full in crypto and im sure all u are ready to get all the assets in the world for crypto.
As war situation fiat curremcy might not used anyways for sometime in some european countries to get properties with btc
but I live in a legal country that still "forbids using crypto as a means of buy/sell transactions" because the law in our country regulates crypto into the category of commodity assets. someday when more and more countries recognize Bitcoin as a currency then I believe in my country buy/sell transactions with crypto can be done easily.
Im ready lets go but also assets prices need to reset and then again slowly to gain value of prices.
So we buy house with. 10 doge coins so its equal to 500k yes there will be more people who against this they might say its not fair ...but we dont care life is not fair.
Im ready to go full in crypto and im sure all u are ready to get all the assets in the world for crypto.
As war situation fiat curremcy might not used anyways for sometime in some european countries to get properties with btc
Actually, in the current war, fiat is of high value (cash, that is). While big cities, excluding perhaps Mariupol which is being actively obliterated by Russians, have stable online connection and paying with cards is not a problem there, in small cities of various regions of Ukraine only cash is something that can buy you essential stuff because there's no electricity (and has been no electricity for many days), and supermarkets don't work any more. My father-in-law has to go to a neighbor to use his generator to charge his mobile phone, and then he has to go to the center of the town because it's the only place that currently has at least some mobile connection. Needless to say, paying with Bitcoin is out of question under such conditions. But cryptos are still useful in other places and for other purposes, as long as there's stable internet. So we buy house with. 10 doge coins so its equal to 500k yes there will be more people who against this they might say its not fair ...but we dont care life is not fair.
Im ready to go full in crypto and im sure all u are ready to get all the assets in the world for crypto.
As war situation fiat curremcy might not used anyways for sometime in some european countries to get properties with btc
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No, Doge. I would just go for Bitcoin if we are all going to leave fiat currency. Like Upgrade00 mentioned, you can hardly spend crypto everywhere since adoption is not that quite high yet. You could store during war, but you still need to use fiat currency to get the physical goods that you need.Even here in my country, I still need to convert my BTC to my local currency to shop. It is an indirect method to buy physical goods with BTC to be honest.
You're ready to go all in but the world isn't.
It's still the reality that has to sink in that the world is not yet fully adopted to cryptocurrencies. Even we're all for that but how are you going to buy your goods and needs in a supermarket if they're not yet accepting bitcoin?
That's just the simple logic and reasoning that you have to think of. There's still a lot of stores that are not aware of it especially stores that sells our basic needs.
It's still the reality that has to sink in that the world is not yet fully adopted to cryptocurrencies. Even we're all for that but how are you going to buy your goods and needs in a supermarket if they're not yet accepting bitcoin?
That's just the simple logic and reasoning that you have to think of. There's still a lot of stores that are not aware of it especially stores that sells our basic needs.
Im ready if its benefcial and prices cheap reseted towards my benefits other reason im not interested.
If i can buy nice villa with 5 doge coins as prices will be cheap as economic reseted...well then yes im full in and im ready to say only good things about crypto.
That's a typical money mindset newbies like you generally have. But it's not your fault because you still haven't come across what bitcoin actually is.
But at the same time it would require your willingness to learn more about it.
You will have to have the mindset to seek knowledge and only then you can seek what you desire.
We really can't say if you can buy a villa using 5 dogecoins or not but we can certainly say that adoption will take place as and when more people come to know what cryptocurrency is all about.
Im ready lets go but also assets prices need to reset and then again slowly to gain value of prices.
So we buy house with. 10 doge coins so its equal to 500k yes there will be more people who against this they might say its not fair ...but we dont care life is not fair.
Im ready to go full in crypto and im sure all u are ready to get all the assets in the world for crypto.
As war situation fiat curremcy might not used anyways for sometime in some european countries to get properties with btc
You are ready to go full into crypto, that is a very good gesture but the sad reality is that the world isn't ready to go 100% crypto and I am not sure the world will ever be ready for that. The world has different fiat currencies, and the world will want to use their fiat and also use crypto together. So we buy house with. 10 doge coins so its equal to 500k yes there will be more people who against this they might say its not fair ...but we dont care life is not fair.
Im ready to go full in crypto and im sure all u are ready to get all the assets in the world for crypto.
As war situation fiat curremcy might not used anyways for sometime in some european countries to get properties with btc
You can go to crypto fully as an assets and not as a currency because many people don't adopt crypto and it will be difficult to buy things with bitcoin in different countries as different merchants do not accept bitcoin for transactions.
Before we all go fully into crypto, I hope you have device a method to help us to deal with crypto volatility so that people will have confidence with their wealth.
Yes, you are both right. We can't live using crypto yet because of government regulations, and even though we really want to, we still won't be able to. It's better to stay in a situation like this until the time comes when we can live using only cryptocurrencies. And if it's 10 years or more, we still can't use crypto, that's fine. We just enjoy this situation, and we should be grateful that we can still use crypto without having a problem.
But if @OP wants to stick with his idea, he'd better rethink and think about the consequences he'll have in the future. But I hope he's okay.
Since 2018 until now I have used bitcoin several times as a means of payment but not for face-to-face transactions. Obviously I do transactions online because it's the only way to use bitcoin as a means of payment when the regulations don't legalize it. But if @OP wants to stick with his idea, he'd better rethink and think about the consequences he'll have in the future. But I hope he's okay.
To be honest, I've never had a problem with regulations that prohibit users from using bitcoin as a legal tender because the government has the right to regulate it. As long as bitcoin and cryptocurrencies are not completely banned like China's ban, then I think we are fine even if we have to comply with regulations.
Im ready lets go but also assets prices need to reset and then again slowly to gain value of prices.
So we buy house with. 10 doge coins so its equal to 500k yes there will be more people who against this they might say its not fair ...but we dont care life is not fair.
Im ready to go full in crypto and im sure all u are ready to get all the assets in the world for crypto.
As war situation fiat curremcy might not used anyways for sometime in some european countries to get properties with btc
I deny this to happen for now because my country stands not totally into crypto and even not getting closer to the demand .So we buy house with. 10 doge coins so its equal to 500k yes there will be more people who against this they might say its not fair ...but we dont care life is not fair.
Im ready to go full in crypto and im sure all u are ready to get all the assets in the world for crypto.
As war situation fiat curremcy might not used anyways for sometime in some european countries to get properties with btc
so maybe in the next 5 years i will go with your run for now enjoy your translation and make sure you are really ready for that .
I will try this to happen in the following years but for now? i think will still live with combination from crypto and from fiat as this helps my life easier nowadays.
never seek things that will bring you more problem than it is.
But if @OP wants to stick with his idea, he'd better rethink and think about the consequences he'll have in the future. But I hope he's okay.
Im ready lets go but also assets prices need to reset and then again slowly to gain value of prices.
So we buy house with. 10 doge coins so its equal to 500k yes there will be more people who against this they might say its not fair ...but we dont care life is not fair.
Im ready to go full in crypto and im sure all u are ready to get all the assets in the world for crypto.
As war situation fiat curremcy might not used anyways for sometime in some european countries to get properties with btc
I deny this to happen for now because my country stands not totally into crypto and even not getting closer to the demand .So we buy house with. 10 doge coins so its equal to 500k yes there will be more people who against this they might say its not fair ...but we dont care life is not fair.
Im ready to go full in crypto and im sure all u are ready to get all the assets in the world for crypto.
As war situation fiat curremcy might not used anyways for sometime in some european countries to get properties with btc
so maybe in the next 5 years i will go with your run for now enjoy your translation and make sure you are really ready for that .
I will try this to happen in the following years but for now? i think will still live with combination from crypto and from fiat as this helps my life easier nowadays.
never seek things that will bring you more problem than it is.
Im ready lets go but also assets prices need to reset and then again slowly to gain value of prices.
So we buy house with. 10 doge coins so its equal to 500k yes there will be more people who against this they might say its not fair ...but we dont care life is not fair.
Im ready to go full in crypto and im sure all u are ready to get all the assets in the world for crypto.
As war situation fiat curremcy might not used anyways for sometime in some european countries to get properties with btc
I deny this to happen for now because my country stands not totally into crypto and even not getting closer to the demand .So we buy house with. 10 doge coins so its equal to 500k yes there will be more people who against this they might say its not fair ...but we dont care life is not fair.
Im ready to go full in crypto and im sure all u are ready to get all the assets in the world for crypto.
As war situation fiat curremcy might not used anyways for sometime in some european countries to get properties with btc
so maybe in the next 5 years i will go with your run for now enjoy your translation and make sure you are really ready for that .
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