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Author Topic: Do you Still believe in Fiat?  (Read 74821 times)
ontrackk
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August 27, 2016, 08:44:52 PM
 #381

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.
well i think he asks whether you believe that it has a future and i really doubt that because in my opinion bitcoins are going to take over soon
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August 27, 2016, 10:06:36 PM
 #382

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.
you are using your fiat currency because you believe it. i am using my local currency because i believe that it my local currency can really help me. i also believe on bitcoin and hope that it will really give me a good earning.
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August 28, 2016, 01:37:43 PM
 #383

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.
well i think he asks whether you believe that it has a future and i really doubt that because in my opinion bitcoins are going to take over soon
Bitcoin could rise exponentially in value but it couldn't replace the fiat completely. And in long term scenario blockchain based fiat transaction may replace traditional electronic transaction but fiat will remain for longer term for sure.

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September 02, 2016, 01:35:16 AM
 #384

There are clear problems in using it, and I think the biggest of them is the inflation, as someone already said. But until bitcoin become more accepted over the world, we have to keep using fiat. At least we already have the option to use both currencies.

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September 02, 2016, 01:43:55 AM
 #385

Yes, i do. I believe in fiat because i'm using fiat everyday and every people around the world also using fiat. So why you still not believe in fiat ? Fiat is a legal currency though.
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September 02, 2016, 03:50:03 AM
 #386

Yes, i do. I believe in fiat because i'm using fiat everyday and every people around the world also using fiat. So why you still not believe in fiat ? Fiat is a legal currency though.

each people now using fiat, because bitcoin still not a famous , maybe in future after people using bitcoin, people will leave fiat and using bitcoin as normal currency

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September 02, 2016, 05:30:07 AM
 #387

Yes, i do. I believe in fiat because i'm using fiat everyday and every people around the world also using fiat. So why you still not believe in fiat ? Fiat is a legal currency though.

each people now using fiat, because bitcoin still not a famous , maybe in future after people using bitcoin, people will leave fiat and using bitcoin as normal currency
The biggest thing that has to happen is a shake-up of the normal way of life for enough people (namely an economic collapse) which will get people questioning the money that they have will drive more people to explore more options and Bitcoins is one of the more prominent choices that currently exist. People leaving fiar would be a huge blow to the banks and governments, and using Bitcoin as a normal currency would definitely be something a lot of people and places would consider.
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September 02, 2016, 06:18:27 AM
 #388

Yes, i do. I believe in fiat because i'm using fiat everyday and every people around the world also using fiat. So why you still not believe in fiat ? Fiat is a legal currency though.

each people now using fiat, because bitcoin still not a famous , maybe in future after people using bitcoin, people will leave fiat and using bitcoin as normal currency
The biggest thing that has to happen is a shake-up of the normal way of life for enough people (namely an economic collapse) which will get people questioning the money that they have will drive more people to explore more options and Bitcoins is one of the more prominent choices that currently exist. People leaving fiar would be a huge blow to the banks and governments, and using Bitcoin as a normal currency would definitely be something a lot of people and places would consider.
That is far from happening because fiat is more stable than bitcoin, if there is an economic collapse which will not happen, of course other ally countries are their to help a certain country through donations or a loan to fix the problem.

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September 02, 2016, 06:30:49 AM
 #389

I use fiat. Correction, everybody uses fiat. Do i believe in fiat? do you mean to ask me that I believe fiat to hold the value of my investment? NO! because we all know that inflation is just eating into all currencies and it's investments like stocks, properties and crypto currencies that offer better opportunities to growth your wealth and to counter inflation.

But even after saying this, I believe fiat will stay here for a while and people will keep using it. And this debt thing is just the way the world is going to work. It's not easy to break out of it and even if people starts adopting bitcoin or any other cryptos, debt will be there and "debt" is the weapon wise and cunning people use to control other common people.

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September 02, 2016, 06:35:27 AM
 #390

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.
you are using your fiat currency because you believe it. i am using my local currency because i believe that it my local currency can really help me. i also believe on bitcoin and hope that it will really give me a good earning.
I using fiat it's don't caused by they are a legal currency and especially for beliving fiat, I just wanna because i just need their value and accepted in my environment i never think i will believing fiat and that is just a paper, if they're not having a value, no one is want for using fiat in this time. that is just a paper and what do you can do just with a paper in your hand?

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September 02, 2016, 08:54:40 AM
 #391

Sure I believe in fiat money becuase this with us and it will not be replaced by bitcoin . The fiat was used to buy different things or eat . So fiat important to all of us . And I continue to believe it and when it does not disappear because of the number of people using it is not simply substitute people continue to believe that the fiat indefinitely .


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September 02, 2016, 09:32:59 AM
 #392

Yes, i do. I believe in fiat because i'm using fiat everyday and every people around the world also using fiat. So why you still not believe in fiat ? Fiat is a legal currency though.

each people now using fiat, because bitcoin still not a famous , maybe in future after people using bitcoin, people will leave fiat and using bitcoin as normal currency
The biggest thing that has to happen is a shake-up of the normal way of life for enough people (namely an economic collapse) which will get people questioning the money that they have will drive more people to explore more options and Bitcoins is one of the more prominent choices that currently exist. People leaving fiar would be a huge blow to the banks and governments, and using Bitcoin as a normal currency would definitely be something a lot of people and places would consider.
That is far from happening because fiat is more stable than bitcoin, if there is an economic collapse which will not happen, of course other ally countries are their to help a certain country through donations or a loan to fix the problem.
You would have been right ifnyou had just said that X form of fiat is nore stable than Bitcoin, such as the Euro of Dollar even.
But you can just say that all fiat currency is nore stable.

Just look at what happened to Zimbabwe or Venezuela, can't say that they have the most stable fiat currency.


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September 02, 2016, 09:42:08 AM
 #393

I use fiat. Correction, everybody uses fiat. Do i believe in fiat? do you mean to ask me that I believe fiat to hold the value of my investment? NO! because we all know that inflation is just eating into all currencies and it's investments like stocks, properties and crypto currencies that offer better opportunities to growth your wealth and to counter inflation.

But even after saying this, I believe fiat will stay here for a while and people will keep using it. And this debt thing is just the way the world is going to work. It's not easy to break out of it and even if people starts adopting bitcoin or any other cryptos, debt will be there and "debt" is the weapon wise and cunning people use to control other common people.

Quite a few people think because of the fact that they are using fiat, that they also believe in it. How can you believe in something that is decreasing the value of your wealth. It's that people don't care about this, or simply don't know that it is actually happening. That I find very worrying.

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September 02, 2016, 09:43:24 AM
 #394

I still believe in fiat because this is what most people are still using nowadays. Though most of the transaction are still online, there are still people who will prefer fiat because it is much simpler and people are used to it. Many thinks that technology is complicated and sometimes you still need to understand how it works and some people just don't want to learn anything new especially those in the previous generations.

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September 02, 2016, 10:25:11 AM
 #395

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.
well i think he asks whether you believe that it has a future and i really doubt that because in my opinion bitcoins are going to take over soon
I think bitcoin will have a bright future that's just my prediction? see the future of bitcoin depends on the user. and users themselves grow very well

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September 02, 2016, 10:26:50 AM
 #396

I still believe in fiat because this is what most people are still using nowadays. Though most of the transaction are still online, there are still people who will prefer fiat because it is much simpler and people are used to it. Many thinks that technology is complicated and sometimes you still need to understand how it works and some people just don't want to learn anything new especially those in the previous generations.

There is nothing bad to use bitcoin and also fiat, both of them are perfect but because we like more bitcoin we should not have fiat but even though we use fiat for everyday use, bitcoin has it own place in our finance.

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September 02, 2016, 11:06:19 AM
 #397

Of course I believe in fiat!
 Is there someone who does not believe their local currency? Lol
All of us used fiat in our everyday lives. We used it for our daily transactions.

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September 02, 2016, 12:30:45 PM
 #398

Of course I believe in fiat!
 Is there someone who does not believe their local currency? Lol
All of us used fiat in our everyday lives. We used it for our daily transactions.


for nowadays, yes we still believe in fiat, because we buy stuff and product still use fiat and we buy bitcoin with fiat too. but in future, maybe fiat will be replace with bitcoin or maybe fiat and bitcoin will be know as currency and investment in long term.

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September 02, 2016, 12:34:26 PM
 #399

In fact we have to use fiat in our daily life and it doesn't matter we believe in it or not, bitcoin is not very popular in all part of the world so we have to convert it into fiat to buy stuff for our life, but I believe when it will grow more bigger than we will use it like fiat.
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September 02, 2016, 12:57:06 PM
 #400

Yes it helps to buy coins Wink
Yeah bitcoin can help us into that because if you don't believe in fiat what are you going to do to grow your bitcoin for me i believing in fiat so that i can use my bitcoin to trade so can easily grow my bitcoin even its slow or i can't get too much there but atleast i have coins or etc to do
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