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Question: Do you prefer bitcoin, FIAT money or other?
Bitcoin, why?
FIAT money,  why?
other,  why?

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Author Topic: Do you prefer bitcoin, FIAT money or other?  (Read 2514 times)
12345mm
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March 31, 2015, 01:05:24 PM
 #21

seashells
(other)

-they can't be faked or printed in excess , must be grown by sea critters , and harvested from beaches , so , proof of work
-proof of work involves walking beaches , instead of sitting in basements and warehouses wasting electricity
-they're prettier than btc or fiat
-the biggest best looking ones that aren't chipped are worth the most , but they come in all sizes shapes and colors , so they work like different denominations
-they're portable enough to be carried around on necklaces/bracelets/anklets/jewelry , so , fashion and money all in one
-they smell like rotting snail and salt , so , that's a plus too

 Grin  Grin  Grin


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Jamie_Boulder
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March 31, 2015, 01:07:55 PM
 #22

Bitcoin, feels liberating & safe to be in charge of my own money.

P.S: Are you a real redsnow developer?

Jace
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March 31, 2015, 01:11:05 PM
 #23

Irrelevant. Still not quicker than handing over the exact money in fiat.
Assuming that you just so happen to have the exact amount, readily available in your hand, yes. More of than than not, it's more like: €3.85, ok *opens wallet* wait just let me count.. 2 euros, another one, 50 cent, 60, 70.. hmm do you have a nickel back? Hold on I may have another dime here. Or ehh wait, here, do you have change from €5? Sure, let's see, that makes 3.90, 4, ...etc

I've already scanned a dozen QR codes in that time.

Quote
There's also not thaty much you can buy there nor would I be able to buy much at all with it in Amsterdam so a few niche shops that accept it in a small area isn't that great.
Amsterdam (not to be confused with Arnhem) doesn't have as many Bitcoin acceptants yet, although they're on their way.

But in fact, yes there is actually TONS of stuff you can get here with Bitcoin: pretty much all your daily expenses, restaurants, pubs, museum, bicycles, several car companies, cinema, hardware stores, hotels, hair dresser, post office, book stores, massage studios, and some people even pay their rent in Bitcoin here in Arnhem.

Seriously, you'd be surprised just how far general Bitcoin acceptance has taken off already.

Feel free to send your life savings to 1JhrfA12dBMUhcgh85wYan6HL2uLQdB6z9
dhimasnk
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March 31, 2015, 01:32:30 PM
 #24

I think bitcoin and FIAT has advantages and disadvantages of each. FIAT more likely to trade in buying something, Bitcoin is more inclined to invest means

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bitcoin.user.x
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March 31, 2015, 01:41:24 PM
 #25

Why are you asking this here? In this BITCOIN forum of course people are trusting bitcoin and think BTC have advantage over fiat! (So I also prefer crypto-coins like bitcoin)
redsn0w (OP)
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March 31, 2015, 01:52:35 PM
 #26

Why are you asking this here? In this BITCOIN forum of course people are trusting bitcoin and think BTC have advantage over fiat! (So I also prefer crypto-coins like bitcoin)

Because I have discovered that 3 users will choose FIAT money instead of bitcoin and I would like to know the think of more & more users in this forum.


If most merchant around me already accept bitcoin, i will choose bitcoin
If there aren't any merchant around me which accept bitcoin, i will choose fiat Sad

I think bitcoin and FIAT has advantages and disadvantages of each. FIAT more likely to trade in buying something, Bitcoin is more inclined to invest means

Bitcoin will become mainstream & used as currency to trade in buying something just like FIAT

This actual bitcoin (if it will not be "modified") will never become mainstream but it will stay a valid alternative for send large quantity of money (for example) to our relative or parents in other countries (under this point, bitcoin is very amazing and better than WU, moneygram etc).
tspacepilot
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March 31, 2015, 01:54:56 PM
 #27

But in a forum for bitcoin enthusiasts, don't we expect bitcoin to win this poll by a landslide?  Obviously the facts on the ground are that almost all of us still have to use fiat for one reason or another however I expect that almost everyone here "prefers" bitcoin when it comes down to it.  What am I missing?
redsn0w (OP)
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#Free market


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March 31, 2015, 02:02:54 PM
 #28

But in a forum for bitcoin enthusiasts, don't we expect bitcoin to win this poll by a landslide?  Obviously the facts on the ground are that almost all of us still have to use fiat for one reason or another however I expect that almost everyone here "prefers" bitcoin when it comes down to it.  What am I missing?

I will expect the same thing, thanks for your useful opinion (have you participated to the poll or not?) but as I said previously there are 3 users that will choose FIAT money and this is very interesting.

Bitcoin as most of my purchases are online and Bitcoin can buy some non fiat investments easily like precious metals.

Thanks for your opinion.
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March 31, 2015, 02:22:24 PM
 #29

I think Bitcoin is the future. I don't know of any vendors in my area that accept Bitcoin at the current time, though my company does accept Bitcoin, so currently I don't get to use Bitcoin. Fiat money isn't going anywhere for a long time but ultimately Bitcoin makes so much sense. It may not be the current Bitcoin that eventually succeeds but Bitcoin will go down in history as the first implementation of the idea.
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March 31, 2015, 02:30:32 PM
 #30

But in a forum for bitcoin enthusiasts, don't we expect bitcoin to win this poll by a landslide?  Obviously the facts on the ground are that almost all of us still have to use fiat for one reason or another however I expect that almost everyone here "prefers" bitcoin when it comes down to it.  What am I missing?

I will expect the same thing, thanks for your useful opinion (have you participated to the poll or not?) but as I said previously there are 3 users that will choose FIAT money and this is very interesting.

I guess I skipped it because, to be honest, I didn't understand the point (and I still don't, actually).  Still, good luck with your poll!
redsn0w (OP)
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#Free market


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March 31, 2015, 02:35:59 PM
 #31

But in a forum for bitcoin enthusiasts, don't we expect bitcoin to win this poll by a landslide?  Obviously the facts on the ground are that almost all of us still have to use fiat for one reason or another however I expect that almost everyone here "prefers" bitcoin when it comes down to it.  What am I missing?

I will expect the same thing, thanks for your useful opinion (have you participated to the poll or not?) but as I said previously there are 3 users that will choose FIAT money and this is very interesting.

I guess I skipped it because, to be honest, I didn't understand the point (and I still don't, actually).  Still, good luck with your poll!

Can I ask you why you have replied if you are not interested, as you said "I didn't understand the point (and I still don't, actually)." However thank for your useful post Smiley and have a great day.


PS: it is a simple poll in a simple bitcoin forum.
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March 31, 2015, 02:39:26 PM
 #32

But in a forum for bitcoin enthusiasts, don't we expect bitcoin to win this poll by a landslide?  Obviously the facts on the ground are that almost all of us still have to use fiat for one reason or another however I expect that almost everyone here "prefers" bitcoin when it comes down to it.  What am I missing?

I will expect the same thing, thanks for your useful opinion (have you participated to the poll or not?) but as I said previously there are 3 users that will choose FIAT money and this is very interesting.

I guess I skipped it because, to be honest, I didn't understand the point (and I still don't, actually).  Still, good luck with your poll!

Can I ask you why you have replied if you are not interested, as you said "I didn't understand the point (and I still don't, actually)." However thank for your useful post Smiley and have a great day.


PS: it is a simple poll in a simple bitcoin forum.

I wrote here to ask about the point.  Wasn't that obvious?  I didn't take the survey because I still don't get the point.  (your reply that it's "interesting" that 3 people prefer fiat is a little, well, uninteresting).  Anyway, I'm only replying now because you're still asking me questions.  Perhaps we should leave off here.  Good day to you as well!
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March 31, 2015, 03:26:14 PM
 #33

I am almost losing my faith in Bitcoin. If the exchange hacks and wallet robberies continue like this, then Bitcoin may never go mainstream.
Exchange hacks and wallet robberies are nothing compared to the scams, lies, cheating, corruption and fraud that banks pull off every single day as part of their regular business.

Sometimes, when you think about it, it's hard to believe that fiat money is still mainstream.

In the past one year or so, some 15% of all the Bitcoins in circulation has been stolen from its rightful owners. Coins have been stolen from exchanges like Bitstamp, which are having some of the most professional security features. This has seriously affected the BTC adaption among the general population.
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March 31, 2015, 03:29:56 PM
 #34

Hey guys,

I've decided to open this thread for ask you now if you are forced to choose between bitcoin and FIAT money (eur, usd, yen, etc...) [1].

What will you choose?[2]





[1] Only an hypothetical case.
[2] With all the flaws and strengths of the two option.


That's a hard question to answer because it would depend on the circumstances.
In today's circumstances, if I had to just chose now - sadly I would chose Fiat only because in todays circumstances I would find it hard to manuver in the world using only bitcoin.

Would I prefer that? Nope. I hate fiat. I love bitcoin. I would rather depend on bitcoin and use bitcoin. So many times a day I say out loud "god this would be so much easier if XXXXXXXX just accepted bitcoin".

So, today, if I were forced: I would chose fiat only because I don't think I personally could survive in bitcoin (rent, bills, food, etc).
If the circumstances were different - I would chose bitcoin.

If I had the power to snap my fingers and chose which currency the entire world would use from this moment from now on....I would snap my fingers and change all the worlds fiat to bitcoin in a heartbeat.
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March 31, 2015, 05:53:17 PM
 #35

I voted for other, because I will choose gold instead of bitcoin or FIAT.
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March 31, 2015, 05:55:54 PM
 #36

If we're talking now then it's gotta be fiat unfortunately. I'm in the UK and it's a pitiful scene compared to the US or swathes of Europe. It just wouldn't be possible to function using crypto only.
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March 31, 2015, 06:01:12 PM
 #37

I wish there was an easy way to turn a set amount of bitcoin into a solid object like a 3D printed block you could drop in your pocket that wouldn't decay over time like some memory sticks. We need a easy way to convert bitcoins into and out of solid, cheap, tamper proof tokens like the chips you see in a casino. Not just move the coins from a wallet to a token but do it in a way that the coins can not be copied only transmitted to a new account and void the coin in some visible way, like changing color or shape. Maybe in the distant future?  

(I am a 1MB block supporter who thinks all users should be using Full-Node clients)
Avoid the XT shills, they only want to destroy bitcoin, their hubris and greed will destroy us.
Know your adversary https://www.youtube.com/watch?v=BKorP55Aqvg
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March 31, 2015, 07:14:07 PM
 #38

I voted for other, because I will choose gold instead of bitcoin or FIAT.
And later, when you want to sell your gold have to find a jeweler or someone who will know what he's buying. Most people won't pay you enough for your gold because they won't know its true value.
Check out the video: https://www.youtube.com/watch?v=ndshbH3qZ6Y


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April 01, 2015, 05:44:34 AM
 #39

Anything bring me benefit , I'll like . LOL .
Mr.K
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April 01, 2015, 05:52:00 AM
 #40

I will spend fiat money to buy daily products and use bitcoin to transfer to others.
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