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Author Topic: Do you Still believe in Fiat?  (Read 74821 times)
deisik
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July 17, 2016, 06:57:48 PM
 #181

whether you believe in fiat or not, it doesn't matter you still have to use it or go back to the stone ages and trade using goods in exchange!

Yeah, you're right. The Stone Age did not end for the lack of stones, and the Fiat Age will end long before the world runs out of paper



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July 17, 2016, 07:17:17 PM
 #182

This world still can't funtcion and survive without fiat so whether we like it or not we have to use it. And the fact do we beleive in fiat or not doesn't change the fact that fiat money will run the world for a long time in the future too.

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July 18, 2016, 03:58:32 AM
 #183

This world still can't funtcion and survive without fiat so whether we like it or not we have to use it. And the fact do we beleive in fiat or not doesn't change the fact that fiat money will run the world for a long time in the future too.
We are living in the present situation so we need to patronize what the government gives us, in the future we will be using bitcoins and the world will be a better place to live. Just trust bitcoin as it will take us to the good future.

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July 18, 2016, 05:04:01 AM
 #184

Sure I still believe in Fiat! Fiat will be used for a very very long time. Cant imagine if bitcoin replaced it. What will people do if they bought cigarette at a little shop with bitcoin and they had to wait for one confirmation to be able to get a pack of cigarette. And what if the confirmation came after 12 hours or so? That transaction problem wont happen if we use fiat.

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July 18, 2016, 06:03:07 AM
 #185

whether you believe in fiat or not, it doesn't matter you still have to use it or go back to the stone ages and trade using goods in exchange!

Sarcastic but true. You cant just say I dont believe in fiat anymore while you are still using it. I would rather stay in fiatt than carry a big stone for trade to another city.  Grin
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July 18, 2016, 11:34:34 AM
 #186

I have to believe in fiat at the moment. That is what I am paid now. I hope I will be paid with bitcoin soon.
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July 18, 2016, 12:48:57 PM
 #187

whether you believe in fiat or not, it doesn't matter you still have to use it or go back to the stone ages and trade using goods in exchange!

Sarcastic but true. You cant just say I dont believe in fiat anymore while you are still using it. I would rather stay in fiatt than carry a big stone for trade to another city.  Grin
Your statement doesn't prove anything. Just because a person uses fiat that doesn't mean he automatically believes in it. Maybe because there's no option to use to buy goods that's why we need to use fiat.
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July 18, 2016, 12:50:57 PM
 #188

whether you believe in fiat or not, it doesn't matter you still have to use it or go back to the stone ages and trade using goods in exchange!

Sarcastic but true. You cant just say I dont believe in fiat anymore while you are still using it. I would rather stay in fiatt than carry a big stone for trade to another city.  Grin
Fiat and bitcoin should work hand in hand, when we are earning bitcoins and there is only few of stores only we can always convert it with fiat and use it every time we want to buy. That is so comfortable so it is good to have the two as tandem.

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dezoel
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July 18, 2016, 12:53:32 PM
 #189

whether you believe in fiat or not, it doesn't matter you still have to use it or go back to the stone ages and trade using goods in exchange!

Sarcastic but true. You cant just say I dont believe in fiat anymore while you are still using it. I would rather stay in fiatt than carry a big stone for trade to another city.  Grin
Fiat and bitcoin should work hand in hand, when we are earning bitcoins and there is only few of stores only we can always convert it with fiat and use it every time we want to buy. That is so comfortable so it is good to have the two as tandem.

The fact is both are important for an individual as bitcoin cannot be used everywhere there are some things and some places where only fiat can be helpful.
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July 18, 2016, 01:23:41 PM
 #190

iam believe only one fiat money as a medium of exchange for goods and services
there is no other means of exchange it
I think fiat is the main currency for all humans and transactions in this world. You will not find it difficult to conduct transactions using fiat
so fiat very important and I believe

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July 18, 2016, 01:32:49 PM
 #191

whether you believe in fiat or not, it doesn't matter you still have to use it or go back to the stone ages and trade using goods in exchange!

Sarcastic but true. You cant just say I dont believe in fiat anymore while you are still using it. I would rather stay in fiatt than carry a big stone for trade to another city.  Grin
Fiat and bitcoin should work hand in hand, when we are earning bitcoins and there is only few of stores only we can always convert it with fiat and use it every time we want to buy. That is so comfortable so it is good to have the two as tandem.

The fact is both are important for an individual as bitcoin cannot be used everywhere there are some things and some places where only fiat can be helpful.
At this time FIAT are more dominant than bitcoin because bitcoin is not yet widely recognize all over the world. We have to rely on fiat in order to cash out our money and use it in real life. Bitcoin for now is more on the like investment.

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July 19, 2016, 08:17:38 AM
 #192

I earn and use the fiat. I do not believe it at all. I will not hold it for the long term. But I will hold the bitcoin and ethereum.
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July 19, 2016, 09:01:13 AM
 #193

Lol wat??

You don't have to believe in fiat, it exists and it works for day to day transactions.  Don't know about its future.
agree. I myself never think to believe in fiat or other currencies. just use what are available to use as long as they're legal, or no one forbids us to use it, or the advantages are not too much.
fiat itself is not forbiden, is legal and currency. so just use it, don't need to believe in, that's all.
We believe in fiat and we believe in bitcoins but fiat is more secure because it is widely use by the people of a certain country as enforced by the government, if we don't believe in fiat we cannot survive as we don't have something to spend. However, the future is good for bitcoin that would make the fiat also affected in an negative way.

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aoihs00
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July 19, 2016, 09:09:18 AM
 #194

we are obliged to believe in Fiat money! We can't to otherwise Sad
because our entire world wide system accept it !
if btc become accepted by "nations" then we can stop to "believe" in fiat, but I think this day is far away.
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July 19, 2016, 10:06:34 PM
 #195

whether you believe in fiat or not, it doesn't matter you still have to use it or go back to the stone ages and trade using goods in exchange!

Sarcastic but true. You cant just say I dont believe in fiat anymore while you are still using it. I would rather stay in fiatt than carry a big stone for trade to another city.  Grin
yeah I do not understand what is meant in this thread, despite whatever answer believe or not to fiat you must use a fiat to make transactions and pay the cost of your life by fiat, you will not be able to rely on other currencies to pay for your life, You will definitely need fiat,,

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July 19, 2016, 11:02:23 PM
 #196

I don't believe in fiat money, I just use it when I have to, because others want it. I've lost the feeling of holding something valuable with dollar bill years ago, when I researched fiat money creation... If you still believe in fiat money I can only recommend collecting paper money from the past. This has a strong therapeutic effect, because you will quickly notice that fiat paper money has a very short lifespan and you can buy today with a few bucks what would have been a fortune in the past.

I think until Bitcoin really catches we have to go through more years with fiat being dominant. But every time you get the opportunity, you should exchange trash money for sound money. If you have excess fiat, it's a good idea to exchange it for precious metals and Bitcoin, because these exist outside the state-controlled inflationary fiat scam.

ya.ya.yo!
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July 19, 2016, 11:18:01 PM
 #197

Of course I believe in fiat as majority of people are dependent on fiat and even in future it will be an same scenario.
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July 19, 2016, 11:23:41 PM
 #198

You cant really kill fiat.

You can only limit its crippling printing press by switching over to bitcoin, but you still need it to pay bills since the world operates off fiat.

I dont think we will ever come to that point though since most of us will be either to old or buried by then to see it die.
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July 20, 2016, 02:32:05 AM
 #199

The entire world economy is based on fiat money. The US dollar isn't backed by anything anymore. It used to be backed by gold. So, the Federal Reserve is just creating it out of nothing. But it still is the form of money that the whole world uses.

Most business and companies don't accept bitcoin for transactions. Until bitcoin becomes very prominent, everyone has to use fiat money.

Thats what everyone that got into bitcoin is hoping for however some parts of the world, the majority specifically will keep on denying bitcoin as they wouldnt want the economy to be based on decentralized currency, this makes the government powerless and therefore wont have any significant effect in making nationwide decision
This truly sums up things while government doesn't want media to give any credentials about bitcoin. They don't want anyone to know nor heard about this currency. Once more people adopted into this coin there's a high chance that our economic system will crashed and it will result to a single currency, a freedom currency for people which is bitcoin.
And that is what we bitcoin users are afraid of, that the government will actually try to deny bitcoins or may be even cease the use of bitcoins because they wouldn't have any power to control and manipulate it.

Some areas however have bitcoins already accepted bitcoins as it is and decided not to meddle with it and let it be.

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greBit
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July 20, 2016, 02:44:34 AM
 #200

You cant really kill fiat.

You can only limit its crippling printing press by switching over to bitcoin, but you still need it to pay bills since the world operates off fiat.

I dont think we will ever come to that point though since most of us will be either to old or buried by then to see it die.
Yes and I think that fiat will never die, there will be many users who will prefer to use fiat even if everything goes digital and they will be comfortable in using it.
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