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Author Topic: Do you Still believe in Fiat?  (Read 74892 times)
brian_23452
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October 30, 2016, 08:12:32 AM
 #501

Honestly i trust more in fiat at this point.  I do believe in bitcoin but I believe that fiat money is the one that i need at this point.  This is the reason why I am converting my bitcoin to fiat money if i gathered enough. I can't buy my daily food with bitcoin but with fiat money i have no problem in transaction regarding this kind of stuff.
Its an fact that fiat money is more important for us at this stage as bitcoin is not too popular at a moment and there are not many places where we can use it directly to buy anything so the only option left for us is to exchange our bitcoins to fiat for buying stuffs and I think even in future bitcoin will always be dependent on fiat too.
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October 30, 2016, 08:17:24 AM
 #502

Who still believe in fiat, here on this forum people mostly believe that blockchain will make revolution in current global monetary system. I also share their opinion about that. Fiat had a chance to make this world better, instead of that we have so many criminal activities made in history, and in this moment, with that fiat. Countries are making inflation, manipulations, list is endless with wrong things made with help of fiat to make people lose everything. Bitcoin maybe make some things better at least I believe in that, and fiat for me is something old and bad and we need to get rid of that as quickly as possible.

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October 30, 2016, 03:26:24 PM
 #503

Governments are too tied to fiat to change any  time soon. I think bitcoin can be used along with other payment methods like paypal in the future.

Because they used too it and have control in fiat,however I am still believing with fiat because that is the medium and currency for each country. Unless there would be one world government and one currency and for sure bitcoin is the one that will be used for it. If that day happens, I will not going to believe fiat anymore because all of us will be using bitcoin.


LOL, of course there is a plan to create one government and one currency but it’s very obvious that bitcoin is not going to be the chosen currency, since having one government is about control and such hypothetical government will not have control over bitcoin.
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November 01, 2016, 02:45:09 AM
 #504

Governments are too tied to fiat to change any  time soon. I think bitcoin can be used along with other payment methods like paypal in the future.

Because they used too it and have control in fiat,however I am still believing with fiat because that is the medium and currency for each country. Unless there would be one world government and one currency and for sure bitcoin is the one that will be used for it. If that day happens, I will not going to believe fiat anymore because all of us will be using bitcoin.


LOL, of course there is a plan to create one government and one currency but it’s very obvious that bitcoin is not going to be the chosen currency, since having one government is about control and such hypothetical government will not have control over bitcoin.

But that plan is not going to happen immediately and they must get the opinion of the people before implementing that. Because I believe that fiat money will still be used and people will keep on believing on it as they used to it since they were born in this world. So it is hard for them to shift immediately to a digital money.

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November 01, 2016, 03:07:00 AM
 #505

i still do believe in fiat because for now, fiat is still using in my country especially to buy something and there is far away to use bitcoin in real life in my town. but for the online, there many website from my people that offering people to use their bitcoin to buy something.

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November 01, 2016, 03:18:01 AM
 #506

All I can say is that I still believe in fiat. I still believe in it like how I believe in bitcoin. I said it since I use fiat currency in my daily life for transactions offline. I still continue to use it to buy myself foods, drinks and many more. I also always convert my bitcoin to fiat, and that's the main reason why I said that I still believe in fiat, since I just convert some of my bitcoins into fiat.
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November 01, 2016, 03:23:48 AM
 #507

Of course, I still believe fiat because not all countries make payments online, perhaps for industrialized countries have rarely used fiat but what about developing countries? If I did not believe Fiat, how can I buy something in the countries or some people call it currency local.
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November 01, 2016, 03:53:26 AM
 #508

Honestly i trust more in fiat at this point.  I do believe in bitcoin but I believe that fiat money is the one that i need at this point.  This is the reason why I am converting my bitcoin to fiat money if i gathered enough. I can't buy my daily food with bitcoin but with fiat money i have no problem in transaction regarding this kind of stuff.
Its an fact that fiat money is more important for us at this stage as bitcoin is not too popular at a moment and there are not many places where we can use it directly to buy anything so the only option left for us is to exchange our bitcoins to fiat for buying stuffs and I think even in future bitcoin will always be dependent on fiat too.

absolutely very few stores that accept bitcoin, for my country just in 1 town yet in another city might be the future of the bitcoin will develop at other stores, too

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November 01, 2016, 08:18:30 AM
 #509

Definitely yes I believe in fiat. I love bitcoin because this is the way I
earn, gives me passive income. When I had already bitcoin I still
convert in fiat. In fiat, this gives me daily needs, daily food when I
buy my needs.

_Crypto made easier than cash

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November 01, 2016, 01:42:02 PM
 #510

Fiat will continue to be with us until the world comes to the end. The convenience that fiat gives will make it stay for a long time. My fear is that the other forms of currency (electronic/crypto) depend on technology which can fail in one way or another. What is made by man is bound to have some flaws therefore technology can not be 100% sure. Just in case, there is a small failure, the whole world will come to a standstill. but with fiat, transactions will continue as normal.
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November 01, 2016, 04:11:25 PM
 #511

I still believe in fiat, but not for some kind of divine mission as Bitcoin, but rather to buy pastas Tongue...

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November 01, 2016, 04:19:57 PM
 #512

Who still believe in fiat, here on this forum people mostly believe that blockchain will make revolution in current global monetary system. I also share their opinion about that. Fiat had a chance to make this world better, instead of that we have so many criminal activities made in history, and in this moment, with that fiat. Countries are making inflation, manipulations, list is endless with wrong things made with help of fiat to make people lose everything. Bitcoin maybe make some things better at least I believe in that, and fiat for me is something old and bad and we need to get rid of that as quickly as possible.

I want to disagree with you on that, because bad actions does not represent the goodness or badness of fiat or bitcoin, even bitcoin is involved in criminal activities and fiat is still not anonymous like bitcoin so if such a thing is done with bitcoins it is impossible for anyone to even come to know about it.
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November 01, 2016, 04:28:56 PM
 #513

though the national currencies of almost all countries suffer inflation, but to say that Fiat can not be dead. This currency will be used for a long time yet. Cryptocurrency not be able to fully replace
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November 02, 2016, 06:16:42 AM
 #514

Of course i believe in fiat because it's the one I'm using to buy my necessities. I buy food, clothing, and pay bills through fiat currency. Bitcoins is now changing the world's traditional trade and industry but I still believe in fiat for it is still the one that is being used by the majority of people.
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November 02, 2016, 07:32:10 AM
 #515

Of course i believe in fiat because it's the one I'm using to buy my necessities. I buy food, clothing, and pay bills through fiat currency. Bitcoins is now changing the world's traditional trade and industry but I still believe in fiat for it is still the one that is being used by the majority of people.
Yes indeed fiat it is appropriate to be used for the payment directly because it is easier and faster when dealing with fiat. I myself still trust fiat as currency because fiat will never disappear. Fiat also includes the identity of a country's economy is very important so that the function fiat.




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November 02, 2016, 08:32:50 AM
 #516

Of course i believe in fiat because it's the one I'm using to buy my necessities. I buy food, clothing, and pay bills through fiat currency. Bitcoins is now changing the world's traditional trade and industry but I still believe in fiat for it is still the one that is being used by the majority of people.
Yes indeed fiat it is appropriate to be used for the payment directly because it is easier and faster when dealing with fiat. I myself still trust fiat as currency because fiat will never disappear. Fiat also includes the identity of a country's economy is very important so that the function fiat.
No one in this world will live without fiat so it simply said that we believe in fiat. All of the expenses required us to pay in fiat and even by using bitcoin we still need fiat to buy and sell it. We can only use our bitcoin in a limited way in the internet and I believe fiat and bitcoin is good way to fast track our transaction in life.

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November 02, 2016, 09:39:15 AM
 #517

Fiat is always important and people continue to believe fiat much than any other currency. This is because of the way fiat got developed, its backing and ease of usage directly and indirectly. In my view whatever form currency gets evolved fiat continues to move as a competitor.



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Aamir1
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November 02, 2016, 09:46:17 AM
 #518

Fiat is always important and people continue to believe fiat much than any other currency. This is because of the way fiat got developed, its backing and ease of usage directly and indirectly. In my view whatever form currency gets evolved fiat continues to move as a competitor.

Well it is surely believed all over the world still as there is no other system announced to the complete world yet which could replace it or make them not believe in it, bitcoin can be that thing but it is still too new, maybe in future it will take over the monitory system and make it digital, who knows.
gabmen
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November 02, 2016, 09:55:15 AM
 #519

Of course i believe in fiat because it's the one I'm using to buy my necessities. I buy food, clothing, and pay bills through fiat currency. Bitcoins is now changing the world's traditional trade and industry but I still believe in fiat for it is still the one that is being used by the majority of people.
Yes indeed fiat it is appropriate to be used for the payment directly because it is easier and faster when dealing with fiat. I myself still trust fiat as currency because fiat will never disappear. Fiat also includes the identity of a country's economy is very important so that the function fiat.
No one in this world will live without fiat so it simply said that we believe in fiat. All of the expenses required us to pay in fiat and even by using bitcoin we still need fiat to buy and sell it. We can only use our bitcoin in a limited way in the internet and I believe fiat and bitcoin is good way to fast track our transaction in life.

Yeah all of us would agree about the importance of fiat in our daily lives. Everything we do financially pretty much revolves around fiat. Bitcoin is a good alternative although right now fiat is still a necessity and we can't do without it for now

bitbunnny
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November 02, 2016, 02:45:53 PM
 #520

I have to believe in fiat whether I like it or not because stil I become my salary in fiat and pay my bills in fiat too. Bitcoin is realy revolutionary thing because it has changed the finances forever but stil can't replace the fiat and we all stil depend on it. It remains to see what the future will bring us.

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