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Author Topic: Do you Still believe in Fiat?  (Read 75138 times)
machinek20
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August 11, 2016, 11:35:49 AM
 #361

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
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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SamMurphy
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Bitcoin unionhead who's neglecting fiat :)


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August 11, 2016, 11:49:28 AM
 #362

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

You really don't know much about fiat, do you? And as for a fiat currency becoming "stronger" you should also know that fiat draws it's strength by belief.. And oh don't forget about devaluation through unlimited printing and ofc our lovely banks, please search more before you back something whatever that may be.  Wink
ASHLIUSZ
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August 11, 2016, 01:37:20 PM
 #363

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
Bitcoin, in reality not that many people were aware of the debate and even less cared. Those who were suspicious or distrustful of fiat currencies argued it out amongst themselves, while the rest of us got on with making and spending government issued pieces of paper.
Frodomaga
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August 12, 2016, 07:50:57 AM
 #364

I still believe in the fiat of course, the bitcoin will never replace this in my eyes due to the fact Fiat is way too big
blackmachinegun
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August 17, 2016, 06:09:18 AM
 #365

Regarding fiat, inflation is a big problem, but we have no other alternative in most situations.
I think inflation is going to happen if these countries have low economic. inflation will not occur in countries large and strong economic growth IMO.
fiat has many types as there are many countries in the world. that uses a fiat currency?
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August 17, 2016, 08:03:51 AM
 #366

I still believe in the fiat of course, the bitcoin will never replace this in my eyes due to the fact Fiat is way too big

That's true I think bitcoin is too small in compare to fiat and its also very new to many people, and people are using fiat since long time and find it easy to use.
goldcoinminer
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August 17, 2016, 08:46:44 AM
 #367

I still believe in the fiat of course, the bitcoin will never replace this in my eyes due to the fact Fiat is way too big

That's true I think bitcoin is too small in compare to fiat and its also very new to many people, and people are using fiat since long time and find it easy to use.
It's true but bitcoin has provided as a lot of opportunity to earn in different ways, as of the current market situation it is hard for bitcoin to compete with fiat as we all need fiat to convert our bitcoins, maybe in the future but I cannot ascertain when it is going to happen.
dinda22
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August 17, 2016, 10:37:53 AM
 #368

I still believe in the fiat of course, the bitcoin will never replace this in my eyes due to the fact Fiat is way too big

That's true I think bitcoin is too small in compare to fiat and its also very new to many people, and people are using fiat since long time and find it easy to use.
It's true but bitcoin has provided as a lot of opportunity to earn in different ways, as of the current market situation it is hard for bitcoin to compete with fiat as we all need fiat to convert our bitcoins, maybe in the future but I cannot ascertain when it is going to happen.
bitcoin is excellent for media investment and make a profit, bitcoin can not compete with fiat to become a payment transaction. but in the future it is quite possible. because the technology is growing. so that in the future will use digital payment and it was nice to use bitcoin, which has a delivery at a low cost, anytime and anywhere.
trickshot22
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August 17, 2016, 12:10:26 PM
 #369

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
though in my opinion fiat wont be around for a long time, i hope that bitcoins are going to replace it in the near future and become international
Capradina
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August 17, 2016, 12:20:51 PM
 #370

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
though in my opinion fiat wont be around for a long time, i hope that bitcoins are going to replace it in the near future and become international

you mean ..? , I think that fiat will last a long time and could not be replaced by other currencies. fiat because one of the things that is very important for everyone in the world, without all fiat currencies will not be worth it. Bitcoin is well used to things about transactions and could not be used to replace the fiat
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August 26, 2016, 10:37:59 PM
 #371

Yes I believe because of a fiat currency is already incorporated and used in any country that is protected by state law each and has been recognized by the state.
I think anything that would be under the auspices of the government will always persist and while the government said that the
currency is accepted only is fiat, then inevitably we have to use fiat and trust government made and regulacy



lienfaye
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August 27, 2016, 10:52:49 AM
 #372

I still believe in the fiat of course, the bitcoin will never replace this in my eyes due to the fact Fiat is way too big
Yeah and many people trust fiat and we can use it wether for online or offline so its not possible to make fiat disappear. the physical appearance may change but not its value to people who trust it.

CroSany
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August 27, 2016, 11:01:54 AM
 #373

I dont beleive in fiat money like before because future coins are coming like bitcoin,litecoin,dash and other popular coin crpytocurrenies which will remove fiat money forever.
resilientknight
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August 27, 2016, 11:54:23 AM
 #374

It's not the best way to store value, but unfortunately everyone depends on it until digital currencies have universal acceptance.
Corenin
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August 27, 2016, 05:06:41 PM
 #375

I dont beleive in fiat money like before because future coins are coming like bitcoin,litecoin,dash and other popular coin crpytocurrenies which will remove fiat money forever.

That is never possible that bitcoin can make fiat disappear in future as there are many people who will never use digital currency and will prefer to continue with fiat even bitcoin achieves higher value.
krishna1
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August 27, 2016, 05:52:32 PM
 #376

Yup thats true they are just like a nightmare and probably we are dreaming. They make money on their needs and they distribute it in us.what if we stop accepting government and when government want to buy something from us we will not accept faint and maybe it can make faint worthless

rababo
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August 27, 2016, 06:15:53 PM
 #377

Yes, I believe it. We have use fiat for a long time, and we use it everyday and everywhere.We are still dependent upon fiat for our living. Although bitcoin is growing each year, it will never can replace fiat.
crairezx20
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August 27, 2016, 06:36:17 PM
 #378

Yes, I believe it. We have use fiat for a long time, and we use it everyday and everywhere.We are still dependent upon fiat for our living. Although bitcoin is growing each year, it will never can replace fiat.
Yeah right fiat can not be change its already always a fiat.. even bitcoin can be highest price fiat still a fiat..
We are already use it so we are believing in fiat..
1Referee
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August 27, 2016, 06:47:43 PM
 #379

Yes, I believe it. We have use fiat for a long time, and we use it everyday and everywhere.We are still dependent upon fiat for our living. Although bitcoin is growing each year, it will never can replace fiat.
Yeah right fiat can not be change its already always a fiat.. even bitcoin can be highest price fiat still a fiat..
We are already use it so we are believing in fiat..

I use fiat everyday my entire life, but that doesn't mean I believe in it. Especially the last 10-15 years where I more and more feel that my money doesn't buy as much as I could back then. Fiat is being printed with basically no limits. No matter if you keep holding $1,000,000 in your bank account for plenty of years, the amount will be exactly the same, but the value of that number will fall down and buys you less and less throughout the years. How can I, or other people believe in that?
Carmen_Sandiego
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August 27, 2016, 08:37:42 PM
 #380

I do still believe in it because it's the one widely use by people nowadays, but the same can happen with bitcoin.
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