Topic: Turning crypto into fiat or is that even nessesary anymore! - page 11. (Read 7221 times)
It depends on convinience. If you can transact with BTC at ease, then there would be no need to change into fiat. But there are few merchants and countries accepting BTC as a currency. Many people still take it as a scum. So, for your convinience, you use that which is okay for you. A time will come when there will be no need to change BTC into fiat. There are traders who are accepting BTC. But with the option of the marketplace and localBitcoins, everyone is sorted.
I think as of now, people will still likely to exchange their bitcoins to fiat, since there are still.a lot of merchants that are accepting fiat than bitcoin, we still need more time for the general public to accept bitcoin and to have more mechants, that will come, let's just not rush things and convert our bitcoins to fiat, we need to remember hat bitcoin is the future of currency.
possibly Bitcoin and has huge potential in the future to become a single currency in the world, but to date we need to understand that most people that I use crypto-currency. And in particular Bitcoin, these are people who earn a currency and exchange for real money. Emma feat today is more necessary for people for real purposes, and the crypto currency gives the chance to earn this money.
I think as of now, people will still likely to exchange their bitcoins to fiat, since there are still.a lot of merchants that are accepting fiat than bitcoin, we still need more time for the general public to accept bitcoin and to have more mechants, that will come, let's just not rush things and convert our bitcoins to fiat, we need to remember hat bitcoin is the future of currency.
I still exchange it to fiat because I need it to buy things for my everyday needs. I know btc is very expensive now and it's value is getting higher so I keep some of my btc.
For some countries that bitcoin are legal and merchants are accepting bitcoin as payment, converting into fiat is not that applicable like you can shop with just your phone in your pocket then you're good to go. But for the countries that bitcoin are not yet widely known converting into fiat is only way to use and spend bitcoin. Just convert some of your coins then buy and do whatever you want.
Yeah maybe someday we can see cashless society but this will surely take years as bitcoin is still in early stage of adoption.
If bitcoin already legalized in your country still i suggest better convert it to fiat for the products we need to buy because buying through the bitcoin is little expensive due to the transaction fees if we pay transaction fee for all the products we buy the we have to pay half of our btc just only for the transaction so if we have to spend btc today convert it into fiat then use it.
Maybe in future the whole world become cashless economy the we can pay directly into bitcoin but today fiat is necessary.
If the bitcoin be legalized in your country then they will apply the rules and regulations on that then you cannot able to use the bitcoin like how your are using it.
If online stores and offline supermarket comes with the bitcoin payment API means then we no need worry that to be legal and all. Just payment makes you powered with bitcoin.
I still exchange it to fiat because I need it to buy things for my everyday needs. I know btc is very expensive now and it's value is getting higher so I keep some of my btc.
For some countries that bitcoin are legal and merchants are accepting bitcoin as payment, converting into fiat is not that applicable like you can shop with just your phone in your pocket then you're good to go. But for the countries that bitcoin are not yet widely known converting into fiat is only way to use and spend bitcoin. Just convert some of your coins then buy and do whatever you want.
Yeah maybe someday we can see cashless society but this will surely take years as bitcoin is still in early stage of adoption.
If bitcoin already legalized in your country still i suggest better convert it to fiat for the products we need to buy because buying through the bitcoin is little expensive due to the transaction fees if we pay transaction fee for all the products we buy the we have to pay half of our btc just only for the transaction so if we have to spend btc today convert it into fiat then use it.
Maybe in future the whole world become cashless economy the we can pay directly into bitcoin but today fiat is necessary.
I still exchange it to fiat because I need it to buy things for my everyday needs. I know btc is very expensive now and it's value is getting higher so I keep some of my btc.
For some countries that bitcoin are legal and merchants are accepting bitcoin as payment, converting into fiat is not that applicable like you can shop with just your phone in your pocket then you're good to go. But for the countries that bitcoin are not yet widely known converting into fiat is only way to use and spend bitcoin. Just convert some of your coins then buy and do whatever you want.
Yeah maybe someday we can see cashless society but this will surely take years as bitcoin is still in early stage of adoption.
exchange cryptocurrency into fiat is no needed if your country legalized cryptocurrency already. But in countries that cryptocurrency is not legalized yet, people still have to exchange it into fiat and it's the only way to use in here. Beside there are few countries banned cryptocurrency that mean nobody can be able to use currency or even exchange it into fiat 
)
The point is on how we can live with bitcoin or not and the answer nowadays you cannot do that.)You need fiat in order to buy stuff and your daily needs , we are having big problem on adoption growth .
Once there is a lot of store accept bitcoin to fulfill our daily needs, i will never exchange my bitcoin and just keep and spend it.
Stablity is issue what we all expecting on bitcoin. If that is happen we no need to worry about anything and clearing take bitcoin as investment option like Gold or real estate.
I hope banks and all to accept bitcoin as a legal to deposit and withdraw by using bitcoin usage as a optional for the consumers.
We are seeing every day we find the btc payment api added to the e-stores in as a payment method.
I still exchange it to fiat because I need it to buy things for my everyday needs. I know btc is very expensive now and it's value is getting higher so I keep some of my btc.
After segwit btc coulb be fall,
exchange cryptocurrency into fiat is no needed if your country legalized cryptocurrency already. But in countries that cryptocurrency is not legalized yet, people still have to exchange it into fiat and it's the only way to use in here. Beside there are few countries banned cryptocurrency that mean nobody can be able to use currency or even exchange it into fiat )
The point is on how we can live with bitcoin or not and the answer nowadays you cannot do that.)You need fiat in order to buy stuff and your daily needs , we are having big problem on adoption growth .
Once there is a lot of store accept bitcoin to fulfill our daily needs, i will never exchange my bitcoin and just keep and spend it.
exchange cryptocurrency into fiat is no needed if your country legalized cryptocurrency already. But in countries that cryptocurrency is not legalized yet, people still have to exchange it into fiat and it's the only way to use in here. Beside there are few countries banned cryptocurrency that mean nobody can be able to use currency or even exchange it into fiat )
The point is on how we can live with bitcoin or not and the answer nowadays you cannot do that.)You need fiat in order to buy stuff and your daily needs , we are having big problem on adoption growth .
Once there is a lot of store accept bitcoin to fulfill our daily needs, i will never exchange my bitcoin and just keep and spend it.
I agree with that. Some stores are already accepting bitcoin and I believe that there will be more in the future since many people is starting to recognize bitcoin now. The popularity of bitcoin is increasing due to high demand and this results for bitcoin to look even more good for investments.
Still, we are talking about converting crypto into fiat. It is necessary because we only used bitcoin in online payments. Fiats is what we used for regular payments.
Not just only lured by the high price that makes investor attracted , we need more merchants for sure to realized the peer to peer electronic cash system.
I will gladly to welcome the digital era anytime .
exchange cryptocurrency into fiat is no needed if your country legalized cryptocurrency already. But in countries that cryptocurrency is not legalized yet, people still have to exchange it into fiat and it's the only way to use in here. Beside there are few countries banned cryptocurrency that mean nobody can be able to use currency or even exchange it into fiat )
The point is on how we can live with bitcoin or not and the answer nowadays you cannot do that.)You need fiat in order to buy stuff and your daily needs , we are having big problem on adoption growth .
Once there is a lot of store accept bitcoin to fulfill our daily needs, i will never exchange my bitcoin and just keep and spend it.
I agree with that. Some stores are already accepting bitcoin and I believe that there will be more in the future since many people is starting to recognize bitcoin now. The popularity of bitcoin is increasing due to high demand and this results for bitcoin to look even more good for investments.
Still, we are talking about converting crypto into fiat. It is necessary because we only used bitcoin in online payments. Fiats is what we used for regular payments.
exchange cryptocurrency into fiat is no needed if your country legalized cryptocurrency already. But in countries that cryptocurrency is not legalized yet, people still have to exchange it into fiat and it's the only way to use in here. Beside there are few countries banned cryptocurrency that mean nobody can be able to use currency or even exchange it into fiat )
The point is on how we can live with bitcoin or not and the answer nowadays you cannot do that.)You need fiat in order to buy stuff and your daily needs , we are having big problem on adoption growth .
Once there is a lot of store accept bitcoin to fulfill our daily needs, i will never exchange my bitcoin and just keep and spend it.
I know btc is very expensive now but I will still change it to fiat. Maybe rich investors are hoarding a lot of cryptos but I think the smart way is to exchange it in its pumping stage because it is volatile that means you can buy again once it falls.
No need to convert bitcoin in fiat currency because when everything is possible with bitcoin then why one should give transaction and exchange fee on that. Just buy anything anywhere in the world and pay your bills from your bitcoin wallet. Now the shopping is very easy all over the world. The world has become a one big market due to bitcoin. No need to convert bitcoin in fiat or any other currency. Not the time is different.
I don't feel that the world already has become a big market due to bitcoin but it is turning out to be a one big market very soon. There are some countries where you can trade or buy product easily with the bitcoin, but in maximum of the countries of the world still does not have the facility to buy directly with the bitcoin.
I know btc is very expensive now but I will still change it to fiat. Maybe rich investors are hoarding a lot of cryptos but I think the smart way is to exchange it in its pumping stage because it is volatile that means you can buy again once it falls.
No need to convert bitcoin in fiat currency because when everything is possible with bitcoin then why one should give transaction and exchange fee on that. Just buy anything anywhere in the world and pay your bills from your bitcoin wallet. Now the shopping is very easy all over the world. The world has become a one big market due to bitcoin. No need to convert bitcoin in fiat or any other currency. Not the time is different.
I know btc is very expensive now but I will still change it to fiat. Maybe rich investors are hoarding a lot of cryptos but I think the smart way is to exchange it in its pumping stage because it is volatile that means you can buy again once it falls.
I agree, there is no need to convert bitcoin in fiat currency because when everything is possible with bitcoin then why one should give transaction and exchange fee on that. Just buy anything anywhere in the world and pay your bills from your bitcoin wallet. Now the shopping is very easy all over the world. The world has become a one big market due to bitcoin. No need to convert bitcoin in fiat or any other currency.
But till that is possible in all countrys some years will past away. Keep it in your wallet (like on your deposit account) and take the profit from the raising bitcoin market.
I know btc is very expensive now but I will still change it to fiat. Maybe rich investors are hoarding a lot of cryptos but I think the smart way is to exchange it in its pumping stage because it is volatile that means you can buy again once it falls.
I agree, there is no need to convert bitcoin in fiat currency because when everything is possible with bitcoin then why one should give transaction and exchange fee on that. Just buy anything anywhere in the world and pay your bills from your bitcoin wallet. Now the shopping is very easy all over the world. The world has become a one big market due to bitcoin. No need to convert bitcoin in fiat or any other currency.
exchange cryptocurrency into fiat is no needed if your country legalized cryptocurrency already. But in countries that cryptocurrency is not legalized yet, people still have to exchange it into fiat and it's the only way to use in here. Beside there are few countries banned cryptocurrency that mean nobody can be able to use currency or even exchange it into fiat )
)
I still exchange it to fiat because I need it to buy things for my everyday needs. I know btc is very expensive now and it's value is getting higher so I keep some of my btc.
I know this subject has been looked at before but with the speed at which the cryptospace changes I felt the subject deserved a fresh look, and why not obtain that fresh look from the experts that are currently at the forefront of using crypto, namely all of you here on Bitcoin Talk forum.
I know there will be a time when it will not be necessary to change from fiat to crypto and vise versa. Hell that time may already be here. If the time has come where that exchanging of one to another is no longer necessary then i definitely need an update because that would save a lot of time and money. So if you would please share your insights and knowledge with the rest of us on what the most efficient way you have found for
1. avoiding the whole exchanging from crypto to fiat to take care of financial responsibilities out side the Crypto-space
2. what is the most efficient and cost effective way you have found for the exchanging of crypto to fiat?
Please remember that ideas are awesome and helpful to further a subject so please do share yours, but with that being said please remember that lots of people that read this may be new to crypto so please do include details and specifics such as names of places, cost and special steps that maybe needed to accomplish your way of doing something. I want to thank you all in advance for your participation and for all that you give on a daily basis to help improve and add to the Crypto-space.
I know there will be a time when it will not be necessary to change from fiat to crypto and vise versa. Hell that time may already be here. If the time has come where that exchanging of one to another is no longer necessary then i definitely need an update because that would save a lot of time and money. So if you would please share your insights and knowledge with the rest of us on what the most efficient way you have found for
1. avoiding the whole exchanging from crypto to fiat to take care of financial responsibilities out side the Crypto-space 2. what is the most efficient and cost effective way you have found for the exchanging of crypto to fiat?Please remember that ideas are awesome and helpful to further a subject so please do share yours, but with that being said please remember that lots of people that read this may be new to crypto so please do include details and specifics such as names of places, cost and special steps that maybe needed to accomplish your way of doing something. I want to thank you all in advance for your participation and for all that you give on a daily basis to help improve and add to the Crypto-space.
Turning the cryptocurrency into fiat is necessary for all of us ,we know that as of now we using money as a transparent of exchanging trade of each other.we live in nation that all is regulated and altcoins is only alternate of currency we used.maybe soon if the government regulate bitcoin we dont need fiat anymore,but for as now we need fiat for anykind of transaction.
Well that good thing about bitcoin and alternative to bitcoin cryptocurrency is that no central agency or banks or nation that can disallow you to send or receive bitcoin and alt. Fiat is still good in the economy even though historically it has no meaning or best exact meaning in our society fiat is still the currency the nation economy needs
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