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Author Topic: Do you Still believe in Fiat?  (Read 75009 times)
kaizerblitz
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May 01, 2018, 01:06:29 PM
 #1381

Yes it is everyone here believe in fiat because it is exist on real life and everyday transaction in our daily lives.
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Gondwanaland
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May 01, 2018, 01:31:37 PM
 #1382

the answer is obvious , if u never got into the

property cycle or dont have the uber high paying

job or welfare Queen status with Gov supplied housing

or lastly deal drugs,

u would hate Fiat to the  core!

the endless print cycle is a joke  Cheesy


Yes I still believe in fiat, because in these days fiat is still using by many people. Many people are still depends on fiat even there crypto currency is existing. They used fiat to buy those things in their everyday needs. Fiat are the people still wants nowadays.

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rightway00372018
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May 01, 2018, 02:01:51 PM
 #1383

Yes it is everyone here believe in fiat because it is exist on real life and everyday transaction in our daily lives.

Yes of course and I believe fiat will last forever and even our latest tecchnology or digital currency can't stop the government of using fiat because is very important and useful at any time.
Lavatein
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May 01, 2018, 02:14:10 PM
 #1384

Yes i still believe in fiat, i still live in a country that has fiat and doing transaction using fiat, i hope my fiat will getting stronger, not everyone in this world know bitcoin so they still use fiat as a transaction payment, and each country need fiat, so their economic condition can be stable.
Tetenggek
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May 01, 2018, 02:33:40 PM
 #1385

I still use fiat, but i don't believe it. And you are right, "the endless print cycle is a joke" and it happens for hundreds years. Because of the issuance of money, it is entirely controlled by the private sector and not the government. Fiat is one type of global slavery.
kyucryp
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May 01, 2018, 02:51:51 PM
 #1386

There are many people who do not believe in fiat. Yes, that's fair to me. Because there are many fiat deficiencies than crypto. But I will not be able to leave the fiat, because it is a means of buying and selling everyday in my country. In my opinion, maybe in the end people who use crypto will be more than those who use fiat. And fiat money is getting sidetracked. But I think fiat money will always be there forever. Will not be lost due to cryptocurrency.

BitcoinMarketer39
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May 01, 2018, 02:53:42 PM
 #1387

the answer is obvious , if u never got into the

property cycle or dont have the uber high paying

job or welfare Queen status with Gov supplied housing

or lastly deal drugs,

u would hate Fiat to the  core!

the endless print cycle is a joke  Cheesy


There are countries who still need physical cash because their economy cannot handle cryptocurrency like africa, but only those poor countries will still need to have fiat and not every country in the world.

BertoloyBTC
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May 01, 2018, 02:59:56 PM
 #1388

Until such time the world changes and the currency to be used is the cryptos then that is the time we will forget the fiat money, but for now, that cryptos are not yet accepted as the worwide currency then , we still have to acknowledge the use of fiat money especially inthe third world countries.
Ingramtg
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May 01, 2018, 04:23:36 PM
 #1389

the answer is obvious , if u never got into the

property cycle or dont have the uber high paying

job or welfare Queen status with Gov supplied housing

or lastly deal drugs,

u would hate Fiat to the  core!

the endless print cycle is a joke  Cheesy


We can't say what will be the future of fiat and also the crypto currency , both are can be used as a illegal though , but due to the highest demand the paper money cannot be erase , but on the near future our future will be cashless society, and still i know it's on the near future we can't totally say that the future of fiat on the near future will be not recognize only the cryptos. But still we don't know what will be the future.
mojtabanikookal
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May 01, 2018, 04:33:31 PM
 #1390

No no no. I do not consider any fiat in my life anymore. Only bitcoin and crypto-currencies. What for to use that that constantly becomes cheaper? Grin
jona
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May 01, 2018, 04:42:12 PM
 #1391

Fiat are still valuable because i can,t cash out my bitcoin without fiat,a can,t spend my bitcoin in my country it is not well known here,so it can be seen that the fiat is still valuable when bitcoin can,t be spend
Craigjohnstone
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May 01, 2018, 04:48:46 PM
 #1392

FIAT will become digital in the future. The paper version of FIAT will cease to exist.
sserge009
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May 01, 2018, 05:24:28 PM
 #1393

I would not say that here we are talking about faith. Traditional financial institutions need to be reformed and it can be done on the basis of crypto. The problem lies in the fact that people have habits including financial ones formed for many generations. Crypto contradicts all their past financial experience and people need time to get used to it.
charlotte04
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May 01, 2018, 05:28:04 PM
 #1394

the answer is obvious , if u never got into the

property cycle or dont have the uber high paying

job or welfare Queen status with Gov supplied housing

or lastly deal drugs,

u would hate Fiat to the  core!

the endless print cycle is a joke  Cheesy


Of course, since we are still using FIAT to buy all the things we need for our daily lives for now.
waqasniaz007
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May 01, 2018, 05:43:24 PM
 #1395

I hate Fiat but have to use because we are stacked by governments to use it.Gold and silver have special trust characteristics.gold especially so. Currency backed by gold and silver hasn't experienced the same severe swings in value. Swings in a fiat currency's value come from the ease in which governments can create money to pay for programs and other debts
spartak-sbk
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May 01, 2018, 05:47:39 PM
 #1396

You do not need to believe in fiat, it exists and it works for daily transactions. Just use it in the present tense.
rainezerr401
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May 01, 2018, 05:49:16 PM
 #1397

the answer is obvious , if u never got into the

property cycle or dont have the uber high paying

job or welfare Queen status with Gov supplied housing

or lastly deal drugs,

u would hate Fiat to the  core!

the endless print cycle is a joke  Cheesy


Fiat is just a simple cash and nothing more important, earning fiat means working on the corporate world, the only problem is that, the salary is very low and there are a lot of people who cant even sustain their daily needs because of that.
JRoa
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May 01, 2018, 06:10:31 PM
 #1398

the answer is obvious , if u never got into the

property cycle or dont have the uber high paying

job or welfare Queen status with Gov supplied housing

or lastly deal drugs,

u would hate Fiat to the  core!

the endless print cycle is a joke  Cheesy

Fiat currency is doing important role in our economy. It can be disappear because our economy will be disaster. Most of the citizens are still prefer to use fiat currency than virtual currency because of the importance of the fiat currency.
Cryptoproff
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May 01, 2018, 06:37:07 PM
 #1399

Fiat will always remain as useful as it was. Bitcoin isn't accepted in most places today. Maybe there are some places that are accepting it right now, but I think they are just using the name of bitcoins in order to promote their business.
Kola
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May 01, 2018, 06:40:03 PM
 #1400

I use it, but i dont belive it, since i lost half of my money several years ago, when inflation came, and our government accused of falling oil prices, so my salary became x2 less since, and prices went up, so i hope with crypto currencies the world will be fairer
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