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Author Topic: Do you Still believe in Fiat?  (Read 74818 times)
deisik
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July 25, 2016, 01:00:32 PM
 #241

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


Money are not a religion.I don`t have to "believe" in them.

People don`t have a choice and use fiat money.It doesn`t matter if they like it or not.

Money is not a religion but you are still required to believe in it since otherwise you wouldn't exchange it for goods and services. Why? Because money is what money does, and it does that (namely, serves as a means of exchange and payment) just because people consider it as money...

If all people stop using, for example, the US dollar (i.e. lose their faith in it) and start using, for example, Bitcoin, the former ceases to be money that very moment
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July 25, 2016, 01:40:23 PM
 #242

Everyone depends upon fiat till digital currencies have direct acceptance universally. Even now we calculate bitcoin in terms of dollars which itself shows the dependence. So fiat is always believed and prioritized worldwide.


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July 25, 2016, 01:44:43 PM
 #243

Everyone depends upon fiat till digital currencies have direct acceptance universally. Even now we calculate bitcoin in terms of dollars which itself shows the dependence. So fiat is always believed and prioritized worldwide.

Yup fiat will exist forever and I don't see it going anywhere as majority of people prefer to use fiat as its easy and simple to spend it as it is accepted everywhere.
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July 25, 2016, 02:28:02 PM
 #244

Everyone depends upon fiat till digital currencies have direct acceptance universally. Even now we calculate bitcoin in terms of dollars which itself shows the dependence. So fiat is always believed and prioritized worldwide.

Yup fiat will exist forever and I don't see it going anywhere as majority of people prefer to use fiat as its easy and simple to spend it as it is accepted everywhere.
Fiat won't always be there because our system is changing, long ago we thnk that barter is the best way  to transact then we changed it to fiat then you will hope soon that we will have a modern way of transaction which will be done thru digital payment, which best suits bitcoin.
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July 25, 2016, 02:53:01 PM
 #245

If you use fiat in your daily life like most of the world, then it does not matter you believe in it or not. because it remains as a fact that fiat means the most trusted money nowadays.
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July 25, 2016, 05:33:02 PM
 #246

If you use fiat in your daily life like most of the world, then it does not matter you believe in it or not. because it remains as a fact that fiat means the most trusted money payment nowadays.


Fiat is not the trusted kind of payment nowadays , I corrected your sentences because it doesnt make sense at all. Fiat is much more convenience in your daily life that is all, although it is not really convenience if you are going to purchase something overbroad, it will be too much of work of course

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July 25, 2016, 07:37:36 PM
 #247

If you use fiat in your daily life like most of the world, then it does not matter you believe in it or not. because it remains as a fact that fiat means the most trusted money payment nowadays.


Fiat is not the trusted kind of payment nowadays , I corrected your sentences because it doesnt make sense at all. Fiat is much more convenience in your daily life that is all, although it is not really convenience if you are going to purchase something overbroad, it will be too much of work of course

Lol who told you that? Instead of tell bs here, investigate what you say. Fiat is the most safe way to make payments. If you get your money out of an ATM, there is literately 0 risk for you.
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July 25, 2016, 08:29:37 PM
 #248

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


So the middle class should all hate fiat?

Perhaps, but it seems like a stretch. Most us get paid in fiate - whether we're paid loads or less. We shouldn't hate it too much, no?

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July 25, 2016, 11:02:18 PM
 #249

i actually dont believe in fiat any more, in my opinion it is better to just go onto bitcoins and use it for money only, fiat is a really bad thing in my opinion
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July 25, 2016, 11:10:42 PM
 #250

The problem isnt the fiat itself but the people who manage the country, fiat has been active several years already, and it works, well,but there are soo many rules around, something that bitcoin hasnt, rules.
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July 25, 2016, 11:14:02 PM
 #251

If you use fiat in your daily life like most of the world, then it does not matter you believe in it or not. because it remains as a fact that fiat means the most trusted money nowadays.

i think you are right, people always use the fiat and they will keep on using it unfortunately, because of that bitcoins cannot replace the fiat
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July 25, 2016, 11:22:03 PM
 #252

Not much, bitcoins changed my life a lot a now i am trying to use only bitcoins, it's so sad that in my city i can't use bitcoins in physical shops but i believe in future.

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July 26, 2016, 02:39:27 PM
 #253

yes of course i think a mad person may also belive on fiat. in present time it is one of the most valuable thing in this world for which every one is struggling. but in near future a time is coming when every one will give preference to bitcoin and they will not give so much importance to fiat currency.
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July 26, 2016, 03:02:07 PM
 #254

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


So the middle class should all hate fiat?

Perhaps, but it seems like a stretch. Most us get paid in fiate - whether we're paid loads or less. We shouldn't hate it too much, no?
I don't think so, middle class and first class will be the one that will support fiat to avoid bitcoin grow even more. If bitcoin will progress quicker this will make their business into hard times.
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July 26, 2016, 03:06:39 PM
 #255

Not much, bitcoins changed my life a lot a now i am trying to use only bitcoins, it's so sad that in my city i can't use bitcoins in physical shops but i believe in future.
Yeah same here in my city but i have heard  tha one two restaurant accepting bitcoin but never been their but after bitcoin getting more popular their will be more physical shops accepting bitcoins which will lead to minimize the more use of fiat !
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July 26, 2016, 11:38:57 PM
 #256

i dont believe in fiat because it has no future, i believe in bitcoins only
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July 27, 2016, 05:27:34 PM
 #257

i am using my fiat currency daily in market. so how can i not believer on it. i think every one is believing on fiat currency. i think even though we start using bitcoin in local market we will still believe on fiat currency. because the use and importance of fiat currency cannot be ignore in any stage.
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July 29, 2016, 09:41:10 AM
 #258

i dont believe in fiat because it has no future, i believe in bitcoins only

I do not believe in fiat. But I still use the fiat a lot. More than 99% of my purchase is used with the fiat.


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July 29, 2016, 10:09:20 AM
 #259

i dont believe in fiat because it has no future, i believe in bitcoins only

I do not believe in fiat. But I still use the fiat a lot. More than 99% of my purchase is used with the fiat.
99% you are using fiat for purchase that even concluded you are depending and believing on fiat, to be honest i depend upon fiat for my daily needs as i cant use bitcoin to satisfy my daily needs, still i like bitcoin more as it is an good earning for me.

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July 29, 2016, 12:32:27 PM
 #260

I find it interesting that here in Canada we are creating a new bill with the Queen on it. When she dies we will have to replace all of the currency again,seems like a waste of money to create a new bill right before she kicks it.

Think the argument should be do you believe you are a slave? We go to school, we get a job, we retire if we are lucky, we die!
So groomed for slavery, enter slavery, put out to pasture, manure!
All because we buy into a money monoply.



Do you have a better alternative to that scenario? Because I can not think of a better option... we were born to grow up, work, reproduce and die, it's got nothing to do with the monopoly of money.
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