Topic: Turning crypto into fiat or is that even nessesary anymore! - page 2. (Read 7215 times)

Yes it's necessary because not most countries know about crypto currency or accept it as payment for goods and services like for instance in third world countries that's why it's necessary for crypto to be converted back to fiat to use it but if maybe if digital currency becomes mainstream globally then it would become a game changer and there's no need for conversion anymore.

How much I heard that the Master card agrees to the use of their cards in the field of cryptocurrency. I saw the news about this on July 17, 2018. So I think, in a short time with the withdrawal of the amount of cryptocoins to Fiat money, no problems.

To do this depends on the country where they accept electronic money. Then check which units they have used to make electronic payments. Electronic cash replacement is not currently available. In fact, few use these transactions. And the future does not dare to assert it, but I hope it comes true.

Yes it's necessary because not most countries know about crypto currency or accept it as payment for goods and services like for instance in third world countries that's why it's necessary for crypto to be converted back to fiat to use it but if maybe if digital currency becomes mainstream globally then it would become a game changer and there's no need for conversion anymore.

yes you are right for now to convert cryptocurrency to fiat is not very important anymore because for now there will be more platforms that can receive cryptocurrency payments so that it can facilitate buyers who want to make cryptocurrency payments.

yes you are right for now to convert cryptocurrency to fiat is not very important anymore because for now there will be more platforms that can receive cryptocurrency payments so that it can facilitate buyers who want to make cryptocurrency payments.

It is necessary when you want to pull out and lock your profits. The volatility in cryptocurrency makes it unsuitable as a 'store of funds'.
I pull out a percentage of my profits, and continue reading with the available capital.

When the crypto and Fiat will stand together .For us there is no difference than paying someone to be the Fiat and who is the crypto (it's now cash or Bank card ) Forward revolution of the 21st century ,and we are members!

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.