Topic: NOTHING! (Read 196 times)

Although the use of a decentralized form of currency would definitely have some advantages compared to the government established medium of fiat money, it is safe to say that it is far too early to be expecting immediate action taken by the majority of the population, let alone businesses. Such a change would ultimately need to be done overnight, by a large part of today's market and for already established laws to exist concerning matters such as the payments of employees. It could create a variety of issues such as creators of new cryptocurrencies approaching various businesses and striking deals concerning the payments of their employees and the buying and selling of their products, ultimately creating large conglomerates of companies that operate only with the coins that provide them with a reason to, forcing smaller companies even farther out of the loop and creators of small coins with great difficulty at kickstarting their projects. A market which provides such freedom of exchange could be manipulated far more easily than an already established and (somewhat) full-proof monetary system that is enforced by the government. I am of course not saying that we should forever stay on fiat money since we have seen what kind of disasters it can bring but rather than asking of others to simply "See the scam" or to "Make the change", we should study that plan and ask the question "Is it too early?" and "What can I propose to make it possible?". Remember that fiat money money wasn't established after mere years but had to go through a lot of trial and error to stop perpetrators from abusing the system and causing inflation, something that couldn't be done through the era of trade.So there are always things to iron out when such big changes are done.

+1

If you were to tell a few companies in the US to start using Bitcoin, for all of their transactions, they wouldn't be able to function. They wouldn't be able to pay employees (unless paying a high premium) they wouldn't be able to pay for insurance, or handle regular safe banking. They cant buy any supplies, nor can they buy new machines, and so on and so forth.

If all companies were to start using bitcoin, maybe it could work -- but you can't just say the people that are using fiat are horrible. It's the only real way to run a business these days.

well for that to happen there is another "first" step and that is "you" be willing to stop using fiat. but as long as "you" are not giving up fiat and insist on using it to pay for anything and keep on considering bitcoin as an investment rather than a currency you really can't expect others to do any differently.
and when i say "you" i don't mean you per se, generally speaking majority of people are like this. they just want to hold bitcoin for the "fiat" profit they gain.

You have a point but sad to say that our world today is not yet ready for bitcoin mainstreaming. As long as bitcoin is still dependent of trading exchanges without the actual use as a currency then what you are dreaming will still remain in your dream. But let us hope that in the near future the society will be open minded enough to accept these digital innovations. The only hindrance in the way is that those who control dollars controls the bitcoin market and thus it is really a sad story.

Don't mind him, he doesn't know what he's talking about. He would cost more to delve into the issue, and then create any topics

This is funny, you want vendors and producer to stop accepting a currency backed by the government policy? This is funny how do they sell their goods? Bitcoin and Cryptocurrency are still evolving. You can't completely remove the fiat for now. May I understand well your write up?

The real people who can decimate the fiat $cam are the vendors and producers.  For if they stop accepting it...

THE REST OF YOU HAVE NOTHING!
FED, IMF, NSA, BTC!

NOTHING!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!