Do you Still believe in Fiat?

[stadus]

For missing certainly took a long time, but if it is definitely reduced. All countries advocated to reduce cash transactions, making fiat money looks not much circulated. Times changed, we never knew 10 years again, because the technology and information ran fast.

Technology plays a big factor in this world to make transactions faster and easier but I did not feel the demand of fiat has lessen and even for paper money. Apparently, people are still using paper money as it's the simplest form of fiat and they want a very easy transaction that does not need internet to transact, bitocoin relies on internet that's why it does not attract majority of adopters.

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[suredoood]

I think that the United States has a great monetary system.

Although almost half of all Americans don't have a retirement account, the system in place allows people to invest in their future and make money if they choose to do so.

After the Great Depression and 2008 we really got our shit together...

[CoinFoxs]

I do not believe in the Fiat, but I can not live without it. All my mandatory payments are made in fiat currency. The Government has made me addicted to Fiat.

The government has not made you addicted to fiat, your needs made you addicted to fiat. To fulfill your needs and expenses you need a fiat so you should believe on fiat until the other currency is accepted in your country.

[Wowcoin]

Definitely yes still believe in fiat this is our need in everyday we live in we need fiat to buy our needs.  And most important is fiat is needs everyone and fiat is so mean to everyone in this world for their expenses everyday. 

[ashapasa]

Definitely yes still believe in fiat this is our need in everyday we live in we need fiat to buy our needs.  And most important is fiat is needs everyone and fiat is so mean to everyone in this world for their expenses everyday. 

That's right fiat makes things easy and there are many places in my area where only fiat will take care of as they don't even accept credit cards so in that case only fiat will serve the purpose and even in future there will be many people who will prefer to use fiat as they don't want to complicate their spending by getting into something new.

[VanDeinsberg12]

I do not believe in the Fiat, but I can not live without it. All my mandatory payments are made in fiat currency. The Government has made me addicted to Fiat.

The government has not made you addicted to fiat, your needs made you addicted to fiat. To fulfill your needs and expenses you need a fiat so you should believe on fiat until the other currency is accepted in your country.

there's many way to fulfill your needs, as far as i know that people use what they need to use in order to fulfill their needs, it doesn't matter that they use money or gold, their main purpose is just one, to fulfill their needs

[Harlot]

Definitely yes still believe in fiat this is our need in everyday we live in we need fiat to buy our needs.  And most important is fiat is needs everyone and fiat is so mean to everyone in this world for their expenses everyday. 

There's even no need for unbelieving fiat. Because we know that we need to keep on believing and it is a need for using for our daily lives. And though I'm trying to adopt and live myself with bitcoin on my daily live. Still there is a need for me to keep on believing and use fiat because there's no way to use it on my country for now.

Think of it this way, what will a country use if Fiat suddenly vanish? Of course it is hard to say but definitely there would be chaos as there will be no right trading system in which the value of an good is not equal to the value of what you want or try to exchange with it. With Fiat it helps satisfy the current fair market value of the good in which all will agree to it.

[youdacapt]

Definitely yes still believe in fiat this is our need in everyday we live in we need fiat to buy our needs.  And most important is fiat is needs everyone and fiat is so mean to everyone in this world for their expenses everyday. 

There's even no need for unbelieving fiat. Because we know that we need to keep on believing and it is a need for using for our daily lives. And though I'm trying to adopt and live myself with bitcoin on my daily live. Still there is a need for me to keep on believing and use fiat because there's no way to use it on my country for now.

Think of it this way, what will a country use if Fiat suddenly vanish? Of course it is hard to say but definitely there would be chaos as there will be no right trading system in which the value of an good is not equal to the value of what you want or try to exchange with it. With Fiat it helps satisfy the current fair market value of the good in which all will agree to it.

The most reasonable question is what impact if dollar suddenly disappeared because of war or political conditions can't be controlled.

The whole country will try to be center of world money if that happens. But if indeed the entire fiat suddenly gone, there will be absolute chaos and bitcoin will become completely worthless. I believe bitcoin can replace fiat if bitcoin have physical currencies, because not everyone has ability to access financial system through Internet.

[marketone]

I do not believe in the Fiat, but I can not live without it. All my mandatory payments are made in fiat currency. The Government has made me addicted to Fiat.

The government has not made you addicted to fiat, your needs made you addicted to fiat. To fulfill your needs and expenses you need a fiat so you should believe on fiat until the other currency is accepted in your country.

Exactly, because bitcoin is not accepted everywhere, but once it is accepted people will start using bitcoin for the daily lifestyle. In coming days definitely fiat currency will deviate with bitcoin.

[bitcoinvest]

We are currently in a moment that will be written in historical books and many people already collect data on that. The fiat is in many countries something you can't find as  you should. ( take example of many European countries that the maximum paper you can find is the 50 euro - very hard to see anymore the 100 or the 200 and the 500 we know they stopped from the market ).

Many banks now promote the application they made to send money to each other from the application using the email of the recipient or the telephone number. What i want say with this is that they already preparing the ground for electronic transactions. I do believe in the use of fiat money up to some levels, this is a very big conversation of course.. not without control because this can lead to other problems, but for example the 85 years old grandfather NEED use fiat and general the generation after 50 years old minimum as many of them never learned how to use electronic systems for payments. The Bitcoin is the future that we already live and as the time passes will be more and more part of our everyday life, the clever house, the clever office and general all the clever appliances and systems will be hand in hand with bitcoin and block chain.  The point is that we need everyone prepare the future and understand the present.. we need have fiat for many years more, but some years after yes this question will be like joke if you believe in Fiat.... BUT when this time comes maybe we have a different question, this can be: do you believe you feel more free with Bitcoin or in the past with Fiat?

[manselr]

We are currently in a moment that will be written in historical books and many people already collect data on that. The fiat is in many countries something you can't find as  you should. ( take example of many European countries that the maximum paper you can find is the 50 euro - very hard to see anymore the 100 or the 200 and the 500 we know they stopped from the market ).

Many banks now promote the application they made to send money to each other from the application using the email of the recipient or the telephone number. What i want say with this is that they already preparing the ground for electronic transactions. I do believe in the use of fiat money up to some levels, this is a very big conversation of course.. not without control because this can lead to other problems, but for example the 85 years old grandfather NEED use fiat and general the generation after 50 years old minimum as many of them never learned how to use electronic systems for payments. The Bitcoin is the future that we already live and as the time passes will be more and more part of our everyday life, the clever house, the clever office and general all the clever appliances and systems will be hand in hand with bitcoin and block chain.  The point is that we need everyone prepare the future and understand the present.. we need have fiat for many years more, but some years after yes this question will be like joke if you believe in Fiat.... BUT when this time comes maybe we have a different question, this can be: do you believe you feel more free with Bitcoin or in the past with Fiat?

Financial freedom will not exist in the future after they get rid of physical cash, which is the only way to have financial freedom nowadays. So in the future, you have to choose: You go with bitcoin, or you go with centralized digital government money (with no physical cash, so 100% gov controlled).
It is clear what the most freedom friendly choice is at that point.

[Farma]

I do not believe in the Fiat, but I can not live without it. All my mandatory payments are made in fiat currency. The Government has made me addicted to Fiat.

The government has not made you addicted to fiat, your needs made you addicted to fiat. To fulfill your needs and expenses you need a fiat so you should believe on fiat until the other currency is accepted in your country.

Exactly, because bitcoin is not accepted everywhere, but once it is accepted people will start using bitcoin for the daily lifestyle. In coming days definitely fiat currency will deviate with bitcoin.

you are right. maybe this time, I still believe in fiat, because I use it every day. in my city, very rarely find bitcoin users, so it is still very difficult to use bitcoin. so, fiat be the best way to conduct transactions to date.

[markyminer]

I do not believe in the Fiat, but I can not live without it. All my mandatory payments are made in fiat currency. The Government has made me addicted to Fiat.

The government has not made you addicted to fiat, your needs made you addicted to fiat. To fulfill your needs and expenses you need a fiat so you should believe on fiat until the other currency is accepted in your country.

Exactly, because bitcoin is not accepted everywhere, but once it is accepted people will start using bitcoin for the daily lifestyle. In coming days definitely fiat currency will deviate with bitcoin.

yes that can only be the reason that people are still using bitcoin as it is not available everywhere. i think the use of bitcoin for those people who do not have good knowledge about computer and internet they also do not give preference to bitcoin .

[lionheart78]

I do not believe in the Fiat, but I can not live without it. All my mandatory payments are made in fiat currency. The Government has made me addicted to Fiat.

Lol, you are just having a contradicting ideas.  I bet you do believe in fiat but does not have faith in it.  It is the same as what I felt towards fiat currency.  I believe in it but do not have faith in a sense that it is merely controlled by the government and anytime they wanted to change it, they can change it.  The fate of it lies only to a few individual that think and plan on how they want it to be.  They can even nullify the value of currency we are holding in our banks and declare another notes or kind of money that will be use instead of the one we are holding.  This simply conclude that I do not have faith with the people/government that is manufacturing and controlling fiat currency though I believe that I need fiat currency to exist in this world.

[gabmen]

I do not believe in the Fiat, but I can not live without it. All my mandatory payments are made in fiat currency. The Government has made me addicted to Fiat.

The government has not made you addicted to fiat, your needs made you addicted to fiat. To fulfill your needs and expenses you need a fiat so you should believe on fiat until the other currency is accepted in your country.

Exactly, because bitcoin is not accepted everywhere, but once it is accepted people will start using bitcoin for the daily lifestyle. In coming days definitely fiat currency will deviate with bitcoin.

yes that can only be the reason that people are still using bitcoin as it is not available everywhere. i think the use of bitcoin for those people who do not have good knowledge about computer and internet they also do not give preference to bitcoin .

Fiat has been used for the longest time that it's requirements are at the very minimal and almost all people can use and have access to it. I think that's the most challenging thing for bitcoin or for any digial currency at that. Availability is fiat's advantage and I think it would stay that way as long as a lot of people would have difficulty with online access.

[JL421]

Fiat money is money that is guaranteed to the State, of course I never hesitate. the use of the bitcoin I think only as an alternative, fiat money is still the largest and can not replace by any included bitcoin.

Yeah that's true fiat is really old and it has been around for more than 500 years while bitcoin is just a 8 year old digital currency which currently has many flaws which can affect the use of it in daily life while fiat is instant as we don't need any sort of confirmation and it is widely accepted anywhere in the world.

[allthingsluxury]

I, just like everyone else in the free markets, will believe in the "utility" of fiat up until the point that it loses faith amongst the masses. This has happened every time in history, for every fiat experiment. There is no fiat currency that has latest forever.

[deisik]

Definitely yes still believe in fiat this is our need in everyday we live in we need fiat to buy our needs.  And most important is fiat is needs everyone and fiat is so mean to everyone in this world for their expenses everyday. 

There's even no need for unbelieving fiat. Because we know that we need to keep on believing and it is a need for using for our daily lives. And though I'm trying to adopt and live myself with bitcoin on my daily live. Still there is a need for me to keep on believing and use fiat because there's no way to use it on my country for now.

Think of it this way, what will a country use if Fiat suddenly vanish? Of course it is hard to say but definitely there would be chaos as there will be no right trading system in which the value of an good is not equal to the value of what you want or try to exchange with it. With Fiat it helps satisfy the current fair market value of the good in which all will agree to it.

The most reasonable question is what impact if dollar suddenly disappeared because of war or political conditions can't be controlled.

The whole country will try to be center of world money if that happens. But if indeed the entire fiat suddenly gone, there will be absolute chaos and bitcoin will become completely worthless. I believe bitcoin can replace fiat if bitcoin have physical currencies, because not everyone has ability to access financial system through Internet

I think it will only rise in value

Fiat is a competitor to Bitcoin, but if a competitor disappears its place will soon get taken by other competitors. If fiat disappears (let's assume that), does it mean that all economic activity will freeze at the same very moment? There is no plausible reason to think like this. Money is only a tool for exchange, and anything which possesses certain qualities can be used as a money token. Today, it is primarily the capacity of transferring value over long distances (read around the world) in the shortest possible time. And Bitcoin looks pretty good in this department. There are issues but these are mostly technical ones and could be quickly fixed if such an urgent need arises

[usefrees]

I, just like everyone else in the free markets, will believe in the "utility" of fiat up until the point that it loses faith amongst the masses. This has happened every time in history, for every fiat experiment. There is no fiat currency that has latest forever.

I agree with you. There is nothing that will exist forever. I use fiat, but I have no faith in it. It's just a means to make payments. And bitcoin has great potential

[hurain]

Fiat money is money that is guaranteed to the State, of course I never hesitate. the use of the bitcoin I think only as an alternative, fiat money is still the largest and can not replace by any included bitcoin.

Yeah that's true fiat is really old and it has been around for more than 500 years while bitcoin is just a 8 year old digital currency which currently has many flaws which can affect the use of it in daily life while fiat is instant as we don't need any sort of confirmation and it is widely accepted anywhere in the world.

Fiat is still a very important part of our life and without it i think it is very difficult to lead a normal life as we still mostly depend on bitcoin for most of the activities and that is the reason that still bitcoin is one of the most important part of our life.