Bitcoin Forum

I read the local news, and there is several articles that made me interesting, a few weeks ago, the mobile version of the Bitcoin wallet bitcoin platform decided to eliminate the conversion of bitcoin currencies with USD. then replaced with Satoshi.

the decision was taken to eliminate dependence on fiat currency. because bitcoin capability if converted to fiat, will interfere.

developer samourai wallet says "farewall fiat" or "goodbye fiat".

then give all the fiat do you have to me ;D

The article means that there will be no value to the fiat and such. If this will be the case, if this will be given to you this is useless because it does not have a value anymore. But then this will happen in a long time for now. There should be a lot of adjustments to be done and it is not easy to happen.

Even with wider adoption there will still be the need to relate the value of Cryptocurrency in terms of fiat. It makes it easier to relate with. It is easier to quote the price of a cup of coffee as 5$ rather than say 0.0009 bitcoins

Yes still fiat. They have to use other exchangers so they can have bitcoin, this is just an initiative that samourai wallet wants to do.

However, price of bitcoin still depending on USD/fiat.

Bitcoin and Fiat, can be replaceable. Because both of it already work on their side. But both of them can be collaborated and it is actually bad if we must say good bye fiat, or farewell fiat, because in crypto world, both of it can replace each other.

I like topics and positive news
This is a step on the road to achieving Bitcoin's independence
But to be realistic, we still have a lot to do.

can you include the news link? now the price of bitcoin is still referring to USD / fiat, I think the conversion of BTC prices to USD is still good because USD has been worldwide for payments, purchases and others. usd can bring the development of bitcoin until now, initially all crypto players certainly buy bitcoin with usd, now those who can buy it with local currency are provided at the exchange place in their respective countries

   I don't believe it will happen because until now bitcoin still converted into dollar. Even bitcoin can be uuse widely in terms of medium of payments. Everything in cryptocurrency still need fiat money to convert.

That's possible to say goodbye fiat and usd to replace cryptocurrency or bitcoin in the future but sad to say need to learn of the officials how to control the manipulation of bitcoin price.

This will be a big domino effect if happens to both sides of fiat and bitcoin. They could either use each other or forget each other but most importantly is that no one should interfere on both side just let it be that way because bitcoin is still depending on USD/fiat just like what batang_bitcoin said.

why? satoshi is bitcoin, right? why people change the bitcoin wallet from USD to Satoshi, is Satoshi still same with bitcoin? hmm it makes me confused hahaha, i hope their decision is good for bitcoin and all bitcoin user in the world

still they will go to fiat for sure, not unless the bitcoin will be widely accepted by the merchant on a certain place where you can buy ordinary primary commodities in micropayments, but until it happens fiat still the basis for our spending from day to day

It is collaborating to each other and we're on that point right now.

Having said that its actually bad if you must say goodbyte to fiat. You need to understand why bitcoin is really created and that is to flee from fiat transactions but right now we're living to the era where we are using bitcoin more of a store of value than using it to the traditional way of transactions.

I think it's better for everyone to be more realistic about this, surely one day the current economical system will be replaced (hopefully),
but we're faaar from there. who's the opponent of crypto (and who has a reason)? banks and governments, and they still rule the world so  :-X

Still they can't eliminate the fact that bitcoin can never replace FIAT. They'll just coexist because there are some people who doesn't even know about the technology of blockchain. There are some remote areas as well that has no access to electricity or the internet.

For me bitcoin will never be a currency. People will forever deem bitcoin as an investment vehicle or a good store of value just like gold.

There are still many who don't know about bitcoin and blockchain, so bitcoin will not leave Fiat, maybe in this forum it is able to leave Fiat but in society, bitcoin will not have value.
So bitcoin and fiat will continue to run according to their role and place.

ups, sorry bro! all the fiat that I have has become bitcoin and ETH. I regret, because I was late knowing bitcoin, so, part of my company's salary, I always use it to buy bitcoin and ETH or other digital currencies.

Yes, I agree with you, Fiat will not be lost and will always be used for transactions, but in the future, Fiat is only for primitive people.

bitcoin will have value, and become a major currency that is always contested by many people, bitcoin will dominate every transaction.

owh no, I mean like this, specifically for the samourai payment platform, on the other hand, they will have difficulty accessing fiat, but their long predictions for the future, they understand that in the future fiat will be small, and will have no value.

but, fiat will always be used for transactions, so that more people convert fiat to bitcoin or other digital currencies.

if you like my topic, please give me merit.

yes, there are many things we have to do to make it happen. The first difficulty today is to free the crypto market from bearish and from all FUDs that make the value of bitcoin fall and weak.

I don't understand "goodbye fiat and USD" . ??? It will be more convincing if you attach the news link to the news that you submit here. And that will make readers in this forum more confident in this news ...! Thank you.

The evolution of currency would be evolve I taught that it was just a rumor but in reality was true, can I have the link for this? Sooner fiat would replace by a virtual currency no one knows when it comes but as you can see technology is more evolving nowadays so that no doubt that it will happen I think 5-10 years from now there is o fiat money I hope also corruption would be lessen.

wkwkwkw, the dollar was abandoned, that's interesting news. Because some people here use dollars in their transactions, we'll just wait for the impact and what will happen next ... !!

In real life, we still need fiat money to fill our needs. Its hard to replace fiat or paper money with cryptocurrency, the ecosystem of bitcoin still not ready and not many country regulate bitcoin for payment. I am believe need more time to realize mass adoption

Could you please tell me where you got that information from? Any link or source? I don't think fiat and USD will disappear in the future

It turns out that in this case you don't need fiat in everyday life, all your fiat has been exchanged for digital currency. Do you really not need fiat anymore? Do people around you do like you?

Yes, I agree with you. Currently Bitcoin without USD is like a nightless day if you see USD is an exchange of bitcoin into real money or Fiat. So to say that we have to part with paper money or USD, I don't think it's time to part with the USD. But if you just eliminate the USD symbol and replace it with Satoshi, that is a good thing.

Will easy to say goodbye but hard to do it. Because lot of people didnt still know about crypto especially to those old people. Thats why its so hard to say farewell on them and infact there are some people and country against crypto. Maybe in the futurr there will be cashless society but today its impossible.

I think that's a pretty disadvantage for me. Satoshi has a relatively low value and we need to do more to quickly calculate a specific value. I used to use USD rather than Satoshi. Hope it adds Satoshi unit rather than USD.

I have a belief in Bitcoin, but I think Bitcoin and fiat will co-exist for a long time.
The fiat is backed by the state apparatus, and the Bitcoin is backed by mathematics.
Both sides have the reason to exist for the foreseeable future.

We can’t say goodbye to using fiat currency since it’s a physical asset as means of mode of payment from our day to day life. Maybe if Bitcoin will be accepted thoroughly and globally instead maybe theres a chance of not using fiat anymore.

right, to get to such conditions i think it still takes a long time. there are still many countries that are not ready to legalize cryptocurrency, with various problems, such as money laundering and terrorism

give the article link that you read, it doesn't make sense if bitcoin lives without fiat, how do people buy and exchange bitcoin, what do you think

Bitcoin price still now calculate using USD.In fact when we need to sell bitcoin,always we consider usd to make the calculation easier. So I don't think there will be good bye for usd in bitcoin industry.

I was going to ask this. If bitcoin stops depending on fiat completely, then will the price of bitcoin finally increase? Somehow, I am having a hard time seeing bitcoin depart from relying on fiat/USD.

We still comparing the price of bitcoin with USD,Isn't it?

All the people who were speculating only see the crypto currency interms of fiat and the most common wallet like coinbase and blockchain.info wallets are comparing the holdings with USD or other local currencies but that is a good initiative which can help the people not to panic sometimes.

yes that is true, besides there are still many countries that oppose crypto there are still many countries that are not ready to use crypto because the facilities and infrastructure are still inadequate for all using crypto, so it's still very long to say goodbye to fiat and USD.

I think Fiat only loses value, not in some countries bitcoin is still not accepted so Fiat or usd still important

well, the development for cryptocurrency is very fast, but I think it's still very difficult to replace fiat, and dollars, especially when these two things are being sought by everyone. Well, there are still many obstacles in Crypto, so I also feel that it is still difficult to replace Fiat.

It is a bit premature to eliminate fiat and USD right now, there is still quite a long road ahead before that happens. When venezuela successfully adopts petro we can start to think about it

It seems to me that this is too optimistic forecasts about Bitcoin. it seems to me that we will be dependent on the dollar for a very long time and there is nothing wrong with that

As of today we can really say that this will going to happen. The thing today is that the bitcoin does not have the capability to do so therefore we can just hope for the bitcoin to grow and come to the future that the bitcoin has the value more than what the fiat has.

Im a little bit wonder if what's going on in it in the future but I think farewall fiat , because it's not easily to remove the people who capable and comportable to use fiat rather than use other.This is only my opinion .

I'm not sure if that happened. even though that happened, not in the near future. there must be a lot of consideration in removing fiat value to bitcoin

You must not use fiat money for i think it has no use on you. Aside from that you i guess is a huge fan of cryptocurrency. Well I do believe in cryptocurrency but i am not generalizing that cryptocurrency could do better than fiat money. Fiat money is indeed a good medium for exchange and thus crypto could not surpassed. But, if we had crypto and fiat working together then it would be better.

Yes, I agree. fiat and crypto have in common as a transaction tool. it's just that crypto doesn't have physical forms like fiat and crypto can only be used in the internet network. Crypto and Fiat should have cooperation

this decision is very appropriate in my opinion, because it adds its own value to crypto currencies. When we hold crypto we don't need to mix in fiat.
Maybe fiat is better to use when you want to retrieve our crypto assets

Bitcoin and altcoin can not completely replace cash and dollars. Bitcoin and altcoin will strongly support online transactions! Hopefully the rate will be higher in 2019

In my point of view, I could not think that cryptocurrency can replace fiat or even USD. As of now, this is so impossible to happened because we need physical money everyday in our life. Actually, not all of us has a good phones to used in cryptocurrency there is still a people who can not know the technology and some people will choose to used physical money because it is easy to use.

Why people so much fast to eliminate fiat. I don't think the world is not ready to only use digital currencies. Yes, of course using digital money make good sense but still, there are peoples knowing zero about this field.

I don't think fiat and usd will disappear because fiat and usd are what we need for the traditional market economy.

it's too early to say bye bye to fiat and USD, at least my opinion.

Both Bitcoin and Fiat can be replaceable.there are still many countries that are not ready to use crypto because the facilities and infrastructure are still inadequate for all using crypto

I do not think so. Bitcoin is still being converted into dollars and I think it will be more convenient to trade than Satoshi. Bitcoin is widely used in payment means it need fiat money to convert.

I think you are saying goodbye to Fiat currency very early. Cryptocurrencies are so risky that it would be better for everyone to leave the Fiat currency alone for now.

They want to be the first to leave fiat but in reality, Bitcoin is still very reliant on Fiat and USD. With fiat, Bitcoin would have no value as people won't be able to buy things using Bitcoin at will because of the way Bitcoin is built. Maybe in the future. Who knows.

You earn a cue ball that is pegged to the dollar. The more expensive the cue ball, the more dollars you have. With a stable rate of the cue ball against the dollar, everything is stable. The more expensive a dollar is against the ruble, the more rubles you have. The more rubles, the more you can buy uh.

there will never be fiat and USD currencies replaced with digital currencies if I think. because the government will never remain silent if the currency as a symbol of the state is replaced

I don't think that fiat currency will perish in cryptocurrency because bitcoin is not fully adopted as payment all around the world so it needs fiat currency to make transactions like buying bitcoin and to make a withdrawal for this is needed to be converted into fiat money.

That's good news although I don't think it anyhow will diminish the role of fiat in our economies. USD will live on through.

I think that is far from happening now because a lot of people still do use FIAT and a lot of people don't know about crypto so we should have to wait for a while.

what happens should be bitcoin, fiat, usd still exist and be sustainable, so it doesn't damage each other. the essence of usd initially is the use of a legitimate currency and has been recognized, it will be difficult to really paralyze this thing especially just because crypto

Much better to put more evidence like links. this can be possible that USD can be replace by satoshi, but Fiat this will be always the primary use by the people.

I think it will affect on the investors Because most of the investors uses a Fiat to buy bitcoin or convert it since it was the easiest way to earn and trade on cryptomarket.

how can it cripple usd, there are still many developing countries that are still dependent on them, instead they think they are not ready to use bitcoin. so i think fiat currencies until the end of our lives still exist

USD currency is very good because many countries accept it for purchases, sales and more. Even now the price of bitcoin still refers to the USD, initially investors can buy bitcoin only with USD, but after crypto develops around the world, Crypto can be bought with local currency provided at the exchange place in their respective countries.

Yes its true, fiat does have a important role in our econmy and especially in cryptocurrency, it will take a lot of time to eliminate all fiat. A lot of people still consider cryptocurrency as a investation and not everyone is using it for transaction cause many merchants still not support it. So time will tell when crypto will be major thing to be use in our transactions but i truly believe it would happen eventually.

Well i think most of us understand that this goodbye fiat thing isn't going to work anytime soon. We may not even be around anymore if that's even going to happen

I don't think so that we can easily left fiat currency or USD. Their are  so many situations present in which we still need fiat currency for our work. Bitcoin is a electronic currency, which means in order to use it we need electricity and Internet. But these things not present every where and in those place fiat currency are used most. Another thing is bitcoin is decentralised nature and it does not a fully legal currency. In many place it is still ban. Where as fiat currency like dollars are accepted everywhere.

I do not think that all ATMs will cease to perform this function. I think that traditional currencies should work as a whole with cryptocurrency.

Then he said this.  ;D

You are referring to your salary which is fiat. Ain't you going to have a problem when your salary comes and you cannot buy bitcoin anymore.  ;D

If it is samourai like what you said then it is a good step for them. Although this world is still relying on the traditional fiat. Remember, "traditional".
You must first kill that tradition to replace it with something new.

I am a bitcoin fan but this is how the real world goes and you cannot just change that in an instant.

It is too early to say that.
People that know about Bitcoin and the amount of money invested in it are not enough to make Bitcoin replace FIAT.

(Can you tell us the name of the developer that said "farewall" Fiat!!  ;D

for sure in the future we will say that, its going there,just slowly,but going. Right now its still to early,cryptomarket is too young. but fiat will fall definately.

in my opinion it would be better, converted with satoshi, because all this time bitcoin is highly dependent on converted USD, hopefully it will make the price of bitcoin better, because it doesn't depend on USD

I do not think it is a very good idea. People will eventually check the fiat price on Google or some other places. This is the problem with non-profit things... It is free, people don't have choice and will use it anyways. A profit driven wallet would do everything it can to satisfy its users otherwise they move to convenient wallets.

I'm not agreeing at this time, because Bitcoin is still worth reviewing. on blockchain, this technology is very great, but in bitcoin. I still lack confidence because of its value. if samourai removes fiat pairs it doesn't matter. because it's their right the developers. but as a Bitcoin user. we still need fiat to become bitcoin to function in the real world.

Yes, that's true, for samourai wallet developers I think it's up to them because they have the right to remove USD from that wallet. But if you say goodbye to USD in general I don't approve it. Because it's not easy to remove the paper money. So just let Bitcoin and USD continue together in the economic world.

I still can't say that, bro. because the proof now I still need fiat money and USD. because bitcoin and other crypto still cannot be used as currencies like paper currencies in my country in Indonesia

I want to believe that before the fiats can be totally removed from bitcoin app wallets then the bitcoin must have been fully operational as a means of payments all over the specified areas. As for now, the fiats are fully in operation with the cryptocurrency markets

You right for now we cannot eliminate fiat or local currency in our lives because we cannot depend on crypto for payment and shopping
methods, because you certainly know the limitations in accepting of bitcoin as a currency make it difficult for us to pay with bitcoin

The total amount of Bitcoin is fixed and is a deflationary currency. If Bitcoin replaces the fiat currency, it will immediately lead to a deflationary economy. In other words, your wages will fall after a period of time, because bitcoin is rising; the GDP of the country that is denominated in bitcoin will never rise, and the state will increase taxes to make up the coinage tax. So I do not think that Bitcoin will replace fiat currency.

Mass media always exaggerate the facts. People used fiat for thousands years, switching to cryptocurrencies should take much more time.

In order to say goodbye to Fiat, the time has not come yet: people are not ready to use only crypto in everyday life, crypto itself is not ready to fully perform payment functions, and electronic coins have not yet been officially accepted by most countries of the world.

I dont get the point. Bitcoin will not be converted to fiat but to satoshis? Satoshis are bitcoin units how can it be converted or exchanged to its own kind and besides if fiat will not be needed what will be the value of bitcoin and which currency will it be based? If one wants to buy bitcoin, which currency will he use in buying it?

then give all the fiat do you have to me Grin ;D ;D ;D

I don't think that this going to happen in the near future. Nowadays there are still a huge portion of population that is not aware about cryptocurrency and many don't even have any access on the internet. Crypto will work alongside with fiat/usd and maybe in many years from now, that thing will happen. Let's wait and see.

We are still a long way off before crypto will be adopted by the world. I do believe that the US dollar is coming to an end and having its dominance as the world's reserve currency with the Fed printing dollars all the time so its basically worthless paper and soon this will end as it can't keep going like this forever and then maybe cryptocurrencies could take its place, more so Bitcoin. 

no bro, in my opinion, in the near future the crypto world will be adopted by the world immediately, I always analyze that today we find many crypto transactions in each country, the enthusiasm of the public is very large, crypto enthusiasts do not care about crypto restrictions.

the important point is this problem is a government reference to review again about crypto growth. the government must realize public demand.

I think it's still very early to say goodbye because in my opinion fiat money is still very used especially in remote areas that still have little technology, and in my opinion btc is still not acceptable to governments in the world, so it still takes a long time to be right can replace fiat money

Well I believe that time will come, there is no need for us to use it. We can conclude thatvif it happens, the bitcoin will have its own value without comparison to fiat. This will be a good thing. But then it is far to happen as of now. But who knows, future will come fast I say.

There are still many who use fiat and USD so don't conclude to leave it, maybe for you, it's very easy to leave and don't need fiat. But globally this is still very difficult.

More and more institutional investors, retailers, financial institutions, banks, the stock market, and the government are entering the field of electronic money more than ever. In short, bitcoin prices can drop below $ 8,000, which is likely to be less than $ 7,000. There will also be a sudden increase and increase back to $ 9,000 and eventually $ 10,000. No investor or analyst can predict the direction of bitcoin in the short term with the definitely absolute. However, major investors believe that electronic money will continue to last and compete with traditional currencies, assets such as the US dollar and fiat. Possibly in the future, bitcoin can replace USD and fiat.

This is the biggest event that can occur in the history of the Crypto currency. But we have a lot to do before we get it. It is difficult and big test.

I guess, even if fiat is replaced by cryptocurrency, it will be some kind of brand new coin instead of BTC.

This is too loud a statement. I would not say that. And in my opinion this will not happen yet soon. People are not yet ready to completely give up cash. If you take not very developed countries and third world countries, in half of the cities and villages you will not even see ATMs, and many have never seen credit cards, let alone cryptocurrencies. For half the people of the whole world, money is Fiat, this is Cash. And for many, cash is the most anonymous currency.

Fiat currencies are devaluing all the time, especially since they all left the gold standard thanks to Richard Nixon in 1971. Only two fiat currencies are backed by gold right now and that is the Chinese Yuan and the Israeli Shekel. Although we still need fiat, it will become obsolete in its paper form at some point and be replaced with digital currency or in our cases, with crypto currency as many are joining this area of technology and no longer work in fiat related work or jobs.

If as you say, how we will transact. I think it's very difficult to separate crypto/bitcoin with fiat, we need both. It's impossible for us to leave fiat or maybe we can make a special space for bitcoin

Such assumptions will disappear in the future, the public will change its mindset with crypto, so the public concludes that crypto is a currency.

So, learn from now on about the crypto world or you will become a part of primitive people.

in the future, yuan and shekel will not get support from gold, and gold will compete with crypto, I think the public choice in the future is only gold and crypto. no fiat.

What is meant by bitcoin can't be exchanged with usd and can't buy with usd? Then how for beginners get bitcoin if usd doesn't exist?

I don't think that bitcoin capability if converted to fiat, will interfere. Over time fiat money will disappear and will be replaced on electronic currency. So, this process is inevitable.

Definitely this is the right strategic move, which for me is not yet clear))

An impressive approach but we will not see any significant results soon because for bitcoin users to depend only upon bitcoin there should be more options to use it every where through large scale adoption but still bitcoin haven't develop or expand to that level but it will in the future so if this project succeed we could see considerable results in the future depending on bitcoins expansion and adoption level

I think that while bitcoin will not be accepted everywhere, a complete rejection of dollars is unimportant. This will make our normal money transactions very difficult. And when bitcoin is globally accepted, we still need a lot of time to get used to it.

I think the dominance of the world in the world had to be finished by now. But unfortunately by the opportunist people always moved up to these points. I think that bitcoin will now be used universally by bitcoin.

I don't think that's possible in the next few years. For me, for example, it is very inconvenient to use only bitcoins. I still focus on its value in dollars. So it's too early to say goodbye to Fiat.

This is an interesting thought, but we will say goodbye to Fiat and dollars very, very not soon. National money will go away for a long time, even in the country where bitcoin will be fully accepted. The world cannot change very quickly, it will take a long time.

I think the US dollar and paper money cannot be replaced by bitcoin or other crypto money, because in this world there are still many countries whose infrastructure is not ready to use cryptocurrency. The most important requirement must be available for a fast and stable internet network, besides that the intellectual level of the community must also be of high quality. Without that the use of cryptocurrency cannot be used.

I think fiat money is still the best choice and will never be abandoned, isn't the price of bitcoin still related to fiat / usd.

I am not buying this news as early as this stage. I can't even imagine cryptocurrencies being the major currency in replacement for fiat because there are still drawbacks in cryptos that really needs attention before we can say goodbye to cash or any form of fiat currencies.

I think it's still too fast to say that to Fiat, and USD. Until now, of course we still depend on both of these things to make transactions in the real world. there are still many of them who don't know using technology like crypto. well, i think, fiat, and usd will continue to be used for a long time.

Fiat and USD can not be eliminated from the world it has many phases like Fiat is using by 100% people pf the world and we can not say good bye to it. All the international transaction takes place in USD and it is more stable and ever accepted currency of the world in this century. Crypto is good and reaches $6335 which requires our fiat to invest in it now.

Now is not the time to bid fiat farewell! As simple as we think cryptocurrencies are easy to understand, not everyone is tech savvy, has seen a smart mobile phone, a computer nor heard of the internet! For fiat to finally leave the banking/economic space, there is a need beyond education/knowledge of $Bitcoin, for internet penetration and access to devices that a internet enabled for people to actually get involved! $Bitcoin and Altcoins are internet money remember?? So for anyone to use them there has to be a knowledge of them, internet enabled devices and internet itself. Then we would be talking of bidding fiat farewell! By my accessment 10 years from now we can start thinking of a farewell party for fiat.

This certainly can not happen in the near future! Bitcoin and altcoin are mainly used as investment properties, not yet much capable of expressing monetary function!

How will people deposit and withdraw if it will be independent of fiat/USD?

This is not a good idea if they are planning to remove fiat or USD from any trading platform or cryptocurrency exchange platfrom. the USD is global currency that is accepted widely  if removing USD or  Fiat collapse cryptocurrency  . cryptocurrency is not yet  accepted massively , many don't even know what is cryptocurrecny  and in their online and offline shops they will not accept cryptocurrency . there should be an alternative good measures to stabilize the market .

It looks like that you are crypto anarchist :)
Fiat will be popular minimum 30-40 years at least. A lot of people still don't have access to internet... About which "Revolution" are you speaking about?

It would have been nice to include the news link, I believe we need people to understand how the crypto ecosystem works with good evidence by providing reliable links. I don't think fiat currency is leaving the system anytime soon, I think bitcoin and the fiat currency would coexist for a very long time.

This will be hard for newly investors when there is no exchange from fiat. It is the tool we used for investment if we do not know the other way of earning bitcoin like signature campaigns that we direct bitcoin from it. We cannot able to buy small need in little amount when we are going to used it for payment either.

it might be too naive to say that right now because it still takes a long time and careful preparation to really say that, we all know that blockchain still has many deficiencies in terms of security there are still many users who are exposed to hacking scams and so on, and for now I think we still really need fiat money

I think the replacement of USD with satoshi in the future will happen. However, they need to make satoshi popular enough and approved like USD. Because, we can not convert Bitcoin into a currency that is not widely used and is not approved. So, I still think Bitcoin is very dependent on fiat until now

it's a choice from the developer, but I personally don't agree, while we need fiat to transact out there. because Crypto, especially bitcoin is not widely known in all countries of the world. and is currently still being analyzed by the SEC. if it's not approved. then we will again depend on fiat to be able to reciprocal connections.

That would not decide it all. There are still so many people that are not aware of cryptocurrencies and other digital currencies so they will still be a lot of people to be against that.

Yes that's correct and we think that we got enough members to use crypto in real life but the fact is different, there are more people in the world who has no idea what crypto is all about and if SEC rejects it then those who already use bitcoin will be skeptical as it will be rejected.

IMO, the fact is it will never happen because crypto and fiat are completely different platform of transaction.

Crypto is an asset just like gold etc meanwhile fiat is legalized transaction so if the government want to legalized crypto as fiat, I'm sure they need to make new regulation and the process is complex because crypto security still flaw and the value still volatile !

Fiat/USD being completely vanished or being useless to the society is not possible. Even if we consider the fact that all the government moves to crypto for their financial system, each country will have their own regulated cryptocurrency for sure. The only difference will be physical fiat will be exchanged with crypto. So technically fiat will be always there with us even after many decades.

That's just great news!One more step on the way to victory!The dollar is already rather fed up with all.I think getting rid of Fiat is one of the main goals and objectives of the cryptographic community.I think soon other wallets will take it for service.Our task is to support them in this.We need to constantly develop the system and never stop there.

I am not sure if the world crypto get rid of fiat money immediately, of course, if told to choose the community, they prefer fiat money because fiat money has long been a trust as a legitimate and real payment instrument. it took a very long time and convinced the community and the state government that crypto could get rid of fiat money.

Fiat, of course, needs a receiver, and why should they not be Bitcoin. However, Bitcoin is not yet ready to perform all the functions of money, it still takes time, and the dollar is clearly not ready to give up its positions in the world. So in the next decade, I think the monetary revolution will not take place.

Fiat currency is replaced with crytpocurrency in digital forms but not physical cash. In our daily transactions and as long as government still controls the monetary policies, it is highly unlikely that fiat will get exit from our system.

I'm really looking forward to the time when bitcoin can exist separately from Fiat. But I think it's too early to talk about it. Bitcoin is still too unstable for full use, so we need it in connection with Fiat for now.

I don't see much point in saying goodbye to our usual money systems. Moreover, while we do not use bitcoin in our daily lives as a currency. Therefore, at this stage of development bitcoin, Fiat and dollars are still necessary for us.

I don't think that fiat currency will remove from our society. A lot of people still now that used fiat rather digital currency. There are still number of people who can't afford to buy digital materials just to make it as wallet. Computer literacy is not yet high in every country. Therefore, fiat is only currency they can use nowadays.

I agree that we're trying to say goodbye to Fiat early. Yes, I also want to switch to digital currency as soon as possible, but it is still in the process of development, and we can not use cryptocurrencies instead of the usual dollars. Because whether we like it or not, Fiat will live on and be actively used.

Do you really think fiat will be gone forever?I really don't think so because we are so much dependent on fiat currency that it will be impossible to get out of it.We need decentralised system but that doesn't mean fiat or usd will not exist.

The fiat and usd at this point is very useful where ever we go, so i think it will not gone in this entire nations. Fiat and cryptocurrency will co-exist, for goods.

if we still can't, we say FIAT and USD goodbye. because we still need it now, bro. because some countries still have not received bitcoin. even some people still don't know the world of bitcoin

Cryptocurrencies should be stable first before they will have the capability to overthrow USD and fiat. Even though there are cryptocurrencies out there which could be considered stable like tether, they are all considered stable but their value are still based on USD. Although it should be noted that having a cryptocurrency that will become a basis for other cryptocurrency prices, even if it is still based on USD, it could be a proper step in the right direction instead of basing from a cyptocurrency that is not stable

In real life, its hard to say goodbye to fiat money. If we are looking on exchanger right now, many stable coin backep by USD and its describe that we can not say goodbye to fiat money. People in real world more convinience using fiat for transaction because many country dont have regulation about it

Crypto is an alternative to fiat money. Their value is determined by the law of supply and demand, based on the exchange activity of other commodities or top currencies, and is not supported by any. monetary authorities.In addition, Crypto is a breakthrough and innovative. Other influential initiatives in the financial sector such as Bitcoin, which is a digital co-operative operating in a decentralized way with P2P technology, or blockchain, and without the involvement or supervision of any central bank or organization.

I think it's debatable if Bitcoin can distance FIAT, but my opinion says that it takes time, but not for now. Bitcoin can be converted into dollars that is important, but if bitcoin has taken control of the world, the conversion to the dollar is not important.

Actually Fiat is really helpful when converting our bitcoin. Without fiat bitcoin is also useless because the use of this currency is not too much in some countries. Many bitcoin holders definitely want to use fiat, in the real world the use of fiat currency is very useful in everyday life compared to bitcoin.

Stay and remain observant or watchful. We are still very excited about the Bitcoin invention. But I am still not certain if Bitcoin has the true capability of eliminating fiat or the US dollar.

If you say goodbye to fiat, then how do you expect people to buy bitcoin when you won't accept fiat for it? We should not be too hasty to cast away fiat exchange for btc till bitcoin becomes 70% globally accepted at least.

in fact, this is the right decision because if we want to introduce bitcoin into the whole day life, then we should not constantly equate it with the dollar

if we still can't say now for FIAT and USD goodbye. because there are still many communities and countries that have not joined the digital world of bitcoin. maybe in the coming year FIAT and USD will no longer be used ..

Go back to Gold standard, paper money is not reliable.  It is even not worthy than a toilet paper.

The basic requirement to use Bitcoin and any other altcoin is to have knowledge of internet and connectivity. However, the global literacy rate is not impressive especially when it comes to the technology and hence there will be the people who will always use Fiat currency irrespective of the advancement taking place in the digital sector. Thus, I don't think that Bitcoin or alt-coin will destroy fiat currency at all.

You can not totally say good bye to fiat money or USD knowing fully well that bitcoin is traded generally against USD and USD also determine the value of bitcoin. New investors needs fiat to convert their currency so saying good bye to fiat or USD is not a welcome idea yet until we have cryptocurrencies acceptable worldwide and in all ATM.

in my opinion if only this really happened, there would be a bad impact faced, because after me, a pair with USD could make the coin price stable enough, more or less we say more like a stock exchange trading. This USD plays an important role to avoid price fluctuations

that is a good thing in advancing btc, it's just that it takes a long time to leave usd or fiat. because basically to leave usd or fiat depends on the authority of the government.

Bitcoin is not yet fully-regulated so there's still no "goodbye fiat or USD". Newbies in cryptocurrency still needs fiat. If they want to buy or invest bitcoin, they still need to use fiat to buy bitcoin or any altcoins in some bitcoin ATM's. And there are still places who has no internet connections. There are still lot of things to do after this happens.

I have not been able to leave Fiat, because Fiat still has an important role in my life, to fulfill the needs of my life and also my family is still the fiat that I use. And I think Fiat still survives because crypto cannot replace the role of fiat in the real world.

if that is true and becomes reality then it is very good and cyrptocurrency especially bitcoin will be more and more people who use it and will leave using usd. I myself prefer to use bitcoin rather than money, because bitcoin has advantages that are not owned by fiat money

This will not happen because everyone needs fiat and bitcoin will not replace the national currencies, as governments will not allow it

I think fiat and USD will stay whatever happen to crypto because it is important. When you buy crypto you need fiat or Usd. If you want to exchange your tokens before you can use and spend it you need to exchange it first into fiat money. Also fiat and Usd are centralized currency issued by the government while cryptocurrency is decentralized and intangible digital currency. It is difficult to say goodbye fiat and usd or just we say it may happen someday maybe it takes more years but i still doubt it to happen.

Bitcoin has many features which fiat currencies can never provide to its users and that is the reason many prefer using bitcoin over USD and other major fiat currencies even they are well established but in order for bitcoin to use widely by people in the world over fiat money it should be much popular as a good payment option in the real world through adoption so many anyone who has bitcoin will have many options and freedom to use it anywhere anytime for essential needs and if that day comes we can definitely say good bye to fiat and USD

Yes, but the growing society is growing day after day and may be equal to them

Having said that I think its inevitable that fiat will continue to devalue to the point where people just all don’t want to be part of the traditional monetary system anymore. It will eventually be replaced by a bitcoin similar to its current form just with much higher throughput and much lower fees (effectively free) with instant provable exchanges to anyone that’s anonymous and easy to build on.

Bitcoin's benchmark now is still very dependent on fiat, I think it will take a long time for bitcoin to really be able to leave fiat

Bitcoin still very dependent on fiat due to thinking of society, when thinking of fiat change, bitcoin will be win.

It is true that the bitcoin has been gaining more and more space in the public debate, and apparently the conditions are given for a greater flexibility of the financial authorities of many countries to facilitate its use, however I believe that we are very, very far from that bitcoin really threatens to displace the use of fiat money in our daily transactions. Even in the most optimistic of my forecasts, I do not believe that bitcoin will represent 30% of the daily volume of economic transactions in the world, but I hope I am wrong and that the future will show me my error.

though the article sound interesting and looks good for bitcoin to be more brighter than as before , the USD is global currency recognized as a means of foreign exchange . all most all the countries of the world uses the USD for transaction , if USD is eliminate from bitcoin trading exchanges the US will fight against cryptocurrency and because they control the economic power of the world they will crash down cryptocurrency. l just believe there are better alternative measure  for pairs trading

This is really a good move. Whichever way it is perceived, I see it taking bitcoin, usage and adoption to the next level. As we preach against fiat, we should also walk against it. This is why I like this article.

Although so many coins have been created and people are now getting to know that cryptocurrencies have a great future but I dont think it can push fiat and USD completely out of the system.

These two entities have been in the system for long and I don't think it can be sacked or replaced by cryptocurrencies just like that. We have people who will still use fiat or USD even if crypto is completely accepted in the whole world.

Yes.Of course it cannot be denied.It's really hard to replace fiat currencies since many people are already attached to it.But with the new technology cryptocurrency bring,i'm sure a lot of people also will be interested in studying and definitely use it in money transactions.

Yes I agree, I think it is a long way before that happens or the crypto currency will take over Fiat and USD in a sense that it is not that regulated yet and some other countries are not accepting crypto currency as of now. Maybe we should wait for it to happen.

If this will be implemented then we will have a cashless society where we can buy and do shopping by just capturing the qr code so we can get paid, it seems more interesting in this virtual currency and many economy would go down specially US because they didn't want bitcoin and they didn't adopt it and may regulations on their country.

Bitcoin and Altcoins cannot possibly replace USD or other fiat currencies. Fiat currency is a symbol of the state, not easily replaced by cryptocurrencies, maybe all fiat currencies are now changed to crypto, but fiat currencies will still be there and run the same as cryptocurrencies.

In the future, the development of users crypto currency will probably continue to grow. But, to shift the fiat currency I think it's not as easy as reversing the palm of the hand, there are many reasons that can block the process of this revolution, some of them are: the government will insist on maintaining its products, namely the money and the bank. Fiat currencies will continue to be used by the wider community, because the currency is more malleable and easy to use by anyone.

This will happen very very soon. We need a strong internet provider and 5G internet will be live soon as we can see a much more transaction on the blockchain we are moving on a digitalization age- The technology is moving forward and keeps evolving every year

Smart Phones will introduce us on the blockchain- No coiners will have an easy access on their phones- There's a saying bank the unbanked using blockchain,

I think this wont going to happen. Fiat and USD are still powerful than bitcoin. They are more acceptable by all people unlike bitcoin that there are still some people who are against on it. It can easily replaced fiat and USD because it was supported by the law and the government. Maybe bitcoin has more high value than the two but that doesn't mean it bitcoin is now the no. Currency in the world.

That's a good point, every one of us would have to carry a cryptoconverter or similar application just to buy stuff and there will be a lot of changes every hour because crypto price is very volatile he don't even know if you continue to buy if he find out the price of coffee in Bitcoin has just doubled.

fiat and USD is never die, bitcoin and fiat currency is a very different, we can see that fiat currency is have the physical form, and bitcoin and other cryptocurrency is not have it, so i think bitcoin and fiat is different things, so fiat will never changed with bitcoin.

I know that bitcoin and fiat money have their own advantages in place, bitcoin is very powerful in the digital world and fiat money is very strong in the real world. with that difference, I am sure no one will shift to each other.

A year from now l believe we will live in a cashless society ,fiat and SD  will say goodbye to the world.we will live in a high technology world.And everyone will get ready for a one world government.

for some reason I feel this post is funny, I guess what you say isn't necessarily happening, even if it happens it will probably take more than a decade. we will never know
the fact is that up to now we still use paper currency and the main thing you are joining here is most of the time to get lucky and then exchanged for fiat money.  :D :D :D

I think it is still too early to say goodbye to FIAT, because only a few businesses accept crypto now. Most people don't even have information about crypto, how to get involved and where and from who to buy them. some people don't even have access to internet nor have they seen a computer or smart phone. we need more years to start saying goodbye to FIAT.

I wonder if this was done by large request, or if the developer just gets tired of seeing the fluctuations in his bitcoin value.

i think fiat currency is still strong for now. the best achievement at this time is bitcoin can be a companion to fiat currency. and to replace it still takes a long time. Moreover, btc users are still minimal for now

Bitcoin will be able to walk along with fiat, it's hard for Bitcoin to replace fiat money because society is still very less knowledge about Cryptocurrency. So it will take a long time so that the public can use the Bitcoin or other Crypto correctly.

there are still so many shortcomings in bitcoin, or other cryptocurrency. I think that ETH can be a candidate, but seeing that the price is fast enough to go down, I think it is gone. well, for now maybe still too fast to say goodbye to fiat, and usd.

I'm not sure of your opinion, it's just a dream and if this happens I think it's a miracle.
but I have read that there are groups that will realize this. premason, forgive me if I'm wrong.

I think its not ideal to live in and cashless society, like when you have to give some for the beggars how would it be,like I want to give you 0.000004 satoshis it would be hard right? So we will be always be needing fiat, adaptation of bitcoin is good but can we be just be realistic.

The use of bitcoin in payment transactions is becoming increasingly popular and is gradually replacing fiat and USD. In this way, users can peacefully store assets in the form of pre-calculations without worrying about inflation or speculation that causes price volatility.

in fact we still depend on fiat, so don't be too hypocritical to say that, I know you love bitcoin and crypto, but fully relying on crypto
as a currency cannot be done at this time. you know the reasons. so we are not ready to say good by to fiat

I doubt if bitcoin can replace fiat in the next several years because majority of people still preferred fiat over bitcoin. The dollar will not go into extinction because of bitcoin but it might turn into another digital currency that is still centralized. Bitcoin and digital dollar can coexist in the future and there is no need for them to compete each other and no reason also for the fiat and dollar to bid goodbye.

I am using fiat for buying bitcoin and if i say bye to good bye then i will come to zero and it is not my fault but here in our country we are facing big problems due to strict regulations of the market and USD is the International currency for many businesses and fiat is also important for us.

then what if we want to sell bitcoin and pull it to a local bank, doesn't that require fiat or dollar? eliminating fiat or dollar is a step back, because it eliminates the ease of buying or selling bitcoin.

putting your cash to bank does not require a a fiat or a dollar , in short you wont need to pay for anything because you are the one's that lend your money for them to use .

 instead banks will rather pay you an interest per year [ annually ]

Also , eliminating fiat/usd or any other traditional currency is indeed a bad decision to do because if that happens , then what is the real purpose of  our cryptos?  And how can we buy something if we aint have the medium to use ?  

Government won't allow to put away fiat though, it is the currency which they control. Fiat has big role for us to buy crypto. It can be hard to have crypto without fiat specially if you do not have any idea how to work another way to earn it. Fiat will stand still and used by people, it is more easy to earn and can by small amount of commodities.

We can not say goodbye to fiat and usd in real terms in the good presence of bitcoin because Fiat and usd is the basic need of the world and it can not happened without it. It does not matter that bitcoin price will go up or down and bitcoin will more demanded but fiat will not effected by this.

Indeed, although crypto and bitcoin are growing and achieving great results in recent years, it still can not get the acceptance of everyone around the world, even governments have always been leaders and sought to prevent the development of this sector. That tells us that crypto and bitcoin do not have a significant place in life and when we compare to fiat or usd, it can not compare and replace these two characters, both have been accepted for a long time, building a strong position in society

I am a supporter of bitcoin but i cannot agree that bitcoin can fully replace fiat and usd. What i want to believe that bitcoin will join the caravan of both fiat and usd in the financial because its potential.

No, it will not happen. People will never say good bye to fiat. They will continue using the traditional money as for most of them it is more convenient than the crypto.

Bitcoin has the potential to change the world and fiat may be looked at the same way we look at how gold coins used centuries ago compared to fiat cash.

dollar can easily be based on cryptography, I think there is no problem with that

I had watch a news in social medias that 2020 we will entering the Cashless society where they say that almost all people use crypto and gonna love to use by all. So, I am thinking that the next bullrun will be on the last month of 2019  ;D

There is really something special on 2020 at least for me. With the amount of crypto related projects which started this year and last year, I can only assume that some, if not most, of these projects will become something most people will use which will maybe replace big platforms like twitter or even youtube. With the news posted by Dontme, It brings high hopes to my assumption.

bitcoin will be accepted around the world soon.

Bitcoin has made the transaction so easy than before. I don't think Bitcoin will eliminate fiat and USD, all local currencies will prevail with digital currencies.

wow wow wow take it easy ))))
Not so fast, cryptocurrencies already very young and have some fundamental problems in security to say goodbuy to usd, with fiat no comment it cant be replaced

Can i have something also?since i am in need of fiats lol

Whats the purpose of this?The thread supported by nothing even links about the decision OP has been telling us,so this is nonsense

I still believe that fiat will remain together with cryptocurrency in future,they will help each others to serve the people

I think all crypto need FIAT to be converted. But it does not rule out the possibility that later bitcoin and FIAT will separate and run separately. We will see later.

of course bitcoin will be accepted, if you often read the news of course the development of bitcoin is just as good, but to replace fiat is very unlikely, we'll see the future of bitcoin is getting better

To me  i would not say is possible because fiats has it's own roll playing to help individuals as in beginners to start up the crpto business somsaying goodby to fiats and USD is not be a bit difficult.

modern development of applications for bitcoin, allow them to pay as a regular Fiat card in any store on the street, any Internet store. such Kats with the crypt and Fiat will increasingly be introduced to drive simple cash cards.

Is that true and the news is very strong because currently the USD is still used in all markets and Theter also still has the current price even though when Theter fell because the problem will be removed from the market but until now the news is only a problem.
Maybe this is not the time for Bitcoin to replace Fiat because many countries are not ready to change their currencies.

I guess fiat money will still remains and it might coexist with Cryptocurrency as we have observed now. But, i believe crypto will overtake fiat usage in the years to come when this new mainstream technology will be fully accepted by the majority of our society and its few major issues like on technical side will be resolved.

LOL

I think it still to early to say that. We need time for a better and proper adoption for Bitcoin.

As far as I'm concerned, paper money will not disappear forever but will coexist with crypto money. because the government will not allow crypto as a formal unit that can completely replace the paper money

Countries have been making their own digital currency, but they were not with the plans of stopping the use of fiat and move completely towards cryptocurrency. To me it can be considered as a starting of the increasing usage and adoption of cryptocurrency which might further decrease the usage of fiat gradually.

Bitcoin prices still refer to USD / fiat and everything in the cryptocurrency still requires money. People will forever consider bitcoin as a good investment like gold.

Yes it's true, Bitcoin and USD will not be separated. Bitcoin is a digital currency that is very good for modern society today as a new breakthrough in sending money quickly and cheaply. While the USD is the currency of the real world society that has existed since time immemorial. So BTC and USD will continue side by side.

Definitely, it is a revolutionary idea to make Bitcoin entirely independent yet it has not met the mainstream adoption. Eliminating the fiat totally will cause the potential investors more hustle in order to get Bitcoin. Remember, it is with fiat that investors used to purchase Bitcoins.

Too early to bid goodbye on fiat money. It is still largely used by everyone, including the rich sector of the society so we can never still be apart from fiat money. I think that we still a long way to go to finally make cryptocurrency especially bitcoins to go global and mainstream use.

I think fiat will not bid goodbye to all of us. Although we have a new currency that sometimes makes us live conveniently, fiat currency cannot be eliminate forever for a reason that not all the people all over the world have the capability to access digital currency. Also, not all of us understands how cryptocurrency works in things and in market so saying goodbye to fiat currency is to early to conclude.

I believe that banknotes will forever remain, because  more practical, stable and easy to use even though they are not educated. Unlike bitcoin or cryptocurrency. Besides having to be educated because of using technology, it is also very dependent on the internet. Without the internet, cryptocurrency cannot be used.

Correct. Not anytime soon, but it will certainly happen. A complete restructuring our financial paradigm can’t happen overnight, obviously. But if analysts are convinced we will become a cashless society, then I trust it’s going to happen.

I tell you this, digital currency is also included in the fiat system dude. credit card, debit card, or paypal, or other payment applications. is part of Fiat because it uses fiat currency or usd, so you are wrong to say that digital currency is increasingly being used but stopping fiat

You should put up a link to a vital news or story you share here to authenticate your source. Otherwise, you are mere blabbing or playing to the gallery. On a more serious note, there's no way anyone can make fiat totally disappear in replacement for Bitcoin. That isn't going to happen. At least not in this century where a lot of countries don't even have electricity and Internet stabilized. The third world countries of Africa are glaring examples of "how not to make fiat disappear."

It is nonsense to say good bye for the traditional money. Fiat will never change the cryptocurrency for many people, especially those that live in the developing countries and in the poorest areas.

we don't trust too easily with all the news that is spread and all opinions available, Fiat currencies will continue to exist, will not be replaced by cryptocurrencies, and I'm sure in the future a proper concept and system will be found so that cryptocurrencies and fiat currencies can continue to exist and run together.

isn't the price of the crypto currency still measured from the FIAT currency?
why do you say goodbye to the FIAT currency? FIAT currencies will never die, the price of crypto currencies will always be based on FIAT currencies

It is not only funny. It is very weird. I cannot even guess that the society will be ready to use only Bitcoins and altcoins. Fiat will live and it will not die ever.

No. Fiat and usd will remain forever since its under government so govt won't vanish which is why usd won't vanish. I think both will remain forever.

I don't think so that could happen. People still need fiat and USD. Bitcoin is not a stable currency yet. Although it is heavily use as a Internet currency in many places but still their are many places where Internet and electricity are not present. So in those place fiat currency is only source of income. And another thing is bitcoin is not widely accepted in many country it still ban where as USD is use everywhere and easily exchange with other currency. Fiat and USD are more sustained currency than that of bitcoin.

I don't understand why they are saying goodbye to fiat or usd. Fiat is still so valuable and it is more comfortable to use. Especially for people who don't know about cryptocurrency. Fiat will still remain for a long period of time.

i think that this will possible only with a "stable coin". Even if in this last period btc was usually stable, there can be big variation in the future

What if there are some people who want to enter cryptocurrency for the first time. How they can buy bitcoin or ethereum if they cannot use their fiat money?

I guess they can use another exchange there is no biggie in that

you can mine cryptocurrencies (altcoins) and then transfer to bitcoin or Ethereum. then there will be no direct investment of Fiat in coins, and will be an investment in equipment.

but people still need fiat to buy bitcoin. you can say goodbye to usd but not all fiat.

too take much time if you do this one. you must buy crypto to people that accept fiat. bounty or mine take long time to earn coin.

I think you are absurd, however we are very dependent on fiat currencies. even when I invest and trade I want profit. yes it's a fact, then I withdraw it to become fiat money.
I am not a hypocrite, I like bitcoin and crypto, but I also need paper money.

Well in my own opinion, improvements and innovations in one's living is great but definitely we shouldn't eradicate how we possibly become in the current state of our lives because of the new technology I dont have any disagreements regarding crypto exchanges but I am definitely okay if some of the transaction will be done using personal agreements which I think imposed the natural way of making deal and transactions and it promotes social relationships which is one of the essential things in corporate world.

just because the technology is better, does not mean Bitcoin can replace fiat money. I am still skeptical about replacing fiat with bitcoin. because there are still many reasons. especially on value and users. the state will not choose a free system without rules. because the government is a centralized rule system. so we still need fiat to convert bitcoin so that it can be used in everyday life.

Even you have read several articles or there is a site that will not rely on fiat platform anymore then still it is impossible for the fiat to be obsolete just because of the crypto currencies. Just think that the whole world are depending on fiat currencies and that not all people know how to use Bitcoin therefore it is impossible for fiat to disappear of just like that.

I agree. If fiat is not acceptable to exchange in crypto directly, you have to find a person that you can trust and buy a coin to them, for sure they are.going to accept fiat. It could be hard and takes time to earn in bounty but much longer when mine. Everything takes time but I rather work for bounty campaigns because that is less risk.

When people replace traditional trading methods by automation, and they all use online payments USD and fiat will be replaced by Satoshi. But to replace the USD and fiat, bitcoin and its technology should try to develop further.

It will not apply to everything and they just want to hype their project it's better to post the link here so we can read everything about it, it's hard to leave your fiat for Bitcoin they can co-exist but never replace one another I doubt if there is a human alive that can live on bitcoin transactions alone.