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Author Topic: Do you Still believe in Fiat?  (Read 74821 times)
J Gambler
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September 02, 2016, 03:01:01 PM
 #401

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

I still believe in fiat where we can easily do some trading activities but to do some gambling also but for me fiat is more important because we can exchange our bitcoin so that we can use it on buying some randome staff on internet that we can use it on our daily living i love trading also where i can easily grow my bitcoin



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September 02, 2016, 03:25:44 PM
 #402

I still believe in fiat where we can easily do some trading activities but to do some gambling also but for me fiat is more important because we can exchange our bitcoin so that we can use it on buying some randome staff on internet that we can use it on our daily living i love trading also where i can easily grow my bitcoin

Fiat has it's own role in the economy today and for some average person in the world.

Since it can be used for physical transactions without a hassle one, it's too early to just disrupt the idea of using fiat. In bitcoin, the good thing is, it is really useful when it comes to online transaction since no doubt that it is more convenient compare to fiat online transaction.

Fiat = Physical Transaction
Bitcoin = Online Transaction

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traderbit
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September 04, 2016, 09:39:58 PM
 #403

Most of people here believe still in fiat because most of us use fiat for most of the things that we buy and sell. Bitcoin is a good way to spend online and to trade with people that do not accept paypal or any other kind of payment, I'm happy that I'm using bitcoin and I believe that bitcoin has more potential to be used in other things that currently is not available unless we use third party services.

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September 04, 2016, 09:58:20 PM
 #404

Most of people here believe still in fiat because most of us use fiat for most of the things that we buy and sell. Bitcoin is a good way to spend online and to trade with people that do not accept paypal or any other kind of payment, I'm happy that I'm using bitcoin and I believe that bitcoin has more potential to be used in other things that currently is not available unless we use third party services.

Bitcoin also have the ability to do shop with , you can see a lot of places on internet where you can pay with bitcoin for any purchase, especially look at shopawl and purse, where you can buy stuffs from ebay and amazon.


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September 04, 2016, 10:00:16 PM
 #405

Yeah.. I even prefer it over BTC because it's physically real, not just a number on a screen.
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September 04, 2016, 10:02:56 PM
 #406

i really dont believe in it, im pretty sure that only bitcoins will have a future for sure
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September 05, 2016, 12:34:47 PM
 #407

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

I still believe in fiat where we can easily do some trading activities but to do some gambling also but for me fiat is more important because we can exchange our bitcoin so that we can use it on buying some randome staff on internet that we can use it on our daily living i love trading also where i can easily grow my bitcoin
actually i dont believe in fiat anymore, i know right now that it is a really bad thing the whole system with banks so i hope that it will be replaced in the future
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September 05, 2016, 01:10:10 PM
 #408

Well, I do not think fiat could increase its value in the near future. If we look well at it, the chart is as quite stable as it used to be many years ago. There is no major pump and dump going on in fiat money, compared to bitcoin. However, we still do need fiat in our real lifes, as we have to pay our bills.
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September 07, 2016, 10:35:06 PM
 #409

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

I still believe in fiat where we can easily do some trading activities but to do some gambling also but for me fiat is more important because we can exchange our bitcoin so that we can use it on buying some randome staff on internet that we can use it on our daily living i love trading also where i can easily grow my bitcoin
i also have a feeling and i really hope that fiat is going to recover in the future, and i hope that bitcoin will be around too
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October 04, 2016, 06:40:07 PM
 #410

Centralized currency still fulfills its functions and has value. From it you can not just give up. She will long be the usual payment system
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October 04, 2016, 06:57:09 PM
 #411

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

I still believe in fiat where we can easily do some trading activities but to do some gambling also but for me fiat is more important because we can exchange our bitcoin so that we can use it on buying some randome staff on internet that we can use it on our daily living i love trading also where i can easily grow my bitcoin
actually i dont believe in fiat anymore, i know right now that it is a really bad thing the whole system with banks so i hope that it will be replaced in the future
What's wrong with fiat although the exchange rate against foreign currencies it's only economic impact and you blame fiat for bank performance that you think are bad.

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October 04, 2016, 07:04:19 PM
 #412

Until when Bitcoin is accepted as a legal tender in my country in which I Dont think its anything close because government of my country is battling with more mundane things to be concerned about currency then I still and will continue to believe in Bitcoin because that is the only means of spending any bitcoin I earn by converting it to FIAT before buying basic things with it...
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October 04, 2016, 07:08:35 PM
 #413

Centralized currency still fulfills its functions and has value. From it you can not just give up. She will long be the usual payment system

i agree, fiat will never cease to exist so better  not forget it and put your trust  in it.  why?  because it is the one you use when you buy your food, when you buy gasoline for your car, when you pay the enrollment of your kids,  and it is accepted.  So tell me, what is the reason  why i should not believe in fiat?
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October 04, 2016, 07:46:51 PM
 #414

Centralized currency still fulfills its functions and has value. From it you can not just give up. She will long be the usual payment system

The average person actually likes the idea to have a central authority in control of everything. It gives them a comfortable feeling since it is the government. Bitcoin has no central authority, and thus lacks trust from the average person. That's why they at all times put fiat infront of anything.
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October 05, 2016, 02:58:29 AM
 #415

Because i still using fiat for my living, i don't have a choice but to believe fiat, and most of the things still can't be bought using bitcoin, so i still must rely in fiat, but if all the things can be bought using bitcoin, i will choose bitcoin for sure

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October 05, 2016, 03:40:31 AM
 #416

I use fiat to buy a lot of the things that I have to live and pay for, such as gas, electricity, food and so, but do I have any faith in it? Not really. It is far too easily manipulable and there are just too many ways that your work can be devalued over the course of a very short period of time. Even over longer periods of time your work is devalued and it effectively keeps you down while the people who can earn more than the interest rate will coast ahead in life.

Fiat is just a tool to find an end, and it is definitely not an end in and of itself.
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October 05, 2016, 03:50:36 AM
 #417

Fiat is still remain and it will not disappear that is why believing in fiat is given because it is much usable than bitcoin right now even in the future. All of us having regular job are receiving salary in fiat and spend money in terms of fiat.
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October 05, 2016, 04:56:28 AM
 #418


the endless print cycle is a joke  Cheesy


Soon... devalue will come soon!
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October 05, 2016, 05:36:50 AM
 #419

Fiat is still remain and it will not disappear that is why believing in fiat is given because it is much usable than bitcoin right now even in the future. All of us having regular job are receiving salary in fiat and spend money in terms of fiat.
Yes, I think Fiat will continue to exist even though the digital currency continues to grow. Although the future of digital currency evolving and widely used but still needed fiat. I will still continue to believe in fiat because I think it is very important and the best payment mode because we can pay quickly without the process by fiat.
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October 05, 2016, 05:52:23 AM
 #420

if you believe in bitcoin then you have to believe in fiat too,no country will accept bitcoin as its primary currency and every country will have its own currency,it is how things work,bitcoin can co exist along with fiat currency
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