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Title: List of Fiat Currency Post by: CryptoCurrencyInc.com on October 05, 2014, 11:06:09 PM List of Fiat Currency
Bitcoin was a fiat currency around the year 2009. Now, we have many rich people hop on the band wagon, hired their own developers to create their own fiat currency. They use their own money to pay for development, marketing, and advertising. Here are a few example of fiat currencies. These fiat currencies won the highest award from Cryptocurrency Inc. for being original. - Bitcoin: the coin that started it all - NXT coin: Companies can sell assets (stocks) using Next system - SocialXbot: fiat currency invented to buy & sell products on Twitter stores & Weibo stores. - Monero: anonymous transactions fiat currency - BitShares: buy & sell assets on BitShares system What is your favorite Fiat currency? Title: Re: List of Fiat Currency Post by: Nxtblg on October 06, 2014, 05:09:44 PM Oooookay...sounds like the OP hasn't quite got his terminology polished up all spiffy-like...
Title: Re: List of Fiat Currency Post by: Tstar on October 06, 2014, 05:15:45 PM USD
EUR GBP AUD CHF JPY CNY NZD etc Title: Re: List of Fiat Currency Post by: HunterMinerCrafter on October 06, 2014, 06:01:31 PM USD EUR GBP AUD CHF JPY CNY NZD etc Don't forget WoW gold, PayPal, MintChips, etc. Fiat currencies can also be virtual or hybrid. :D Bitcoin is, ofc, not a fiat. (Many alts are, lately, and this trend frighteningly seems to be increasing. Avoid!) Title: Re: List of Fiat Currency Post by: CryptoCarmen on October 06, 2014, 08:19:37 PM All without fair start and that is not mined, so paid by electricity is fiat.
Sadly BTC come into this. Few of first miners got it to cheap and that cripples it drastically. Title: Re: List of Fiat Currency Post by: xcapator on October 25, 2014, 02:26:19 PM If coupled correctly to the fiat system, btc should be a counterbalance to trade in that it should rise while everything falls, we shall see...
Title: Re: List of Fiat Currency Post by: ladybitcoin on October 25, 2014, 02:29:36 PM OP no fiat currency in your list so how can we give vote to our fiat currency list please correct this then hope some one will do this for you
Title: Re: List of Fiat Currency Post by: The Master on October 25, 2014, 06:55:09 PM BTC is not fiat money. ::)
Title: Re: List of Fiat Currency Post by: robrigo on October 25, 2014, 11:17:06 PM bitUSD on the BitShares market!
Fiat stability with all the benefits of a crypto: 1) No counterparty risk when held in local wallet. 2) Pseudonymous transfer of value to any party on the network (regardless of location). 3) Low cost of fees to use the services of the network. BTW O.P. Fiat money is money backed by government regulation / promise. As opposed to a monetary system backed by a commodity such as gold. Fiat literally translates to "it shall be". So yes the others in this thread are correct that all of the crypto systems you listed aren't considered fiat. |