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Author Topic: Do you Still believe in Fiat?  (Read 74821 times)
Sponsoredby15
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November 02, 2016, 02:49:32 PM
 #521

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 always believe in fiat it's really accurate when i needed that the most where ialways exchange my bitcoin into fiat whenever i need money and i can easily sell my bitcoin too i would never hate fiat at all and i will continue using fiat for my purposes and for more future activities that i would do in the future.

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November 02, 2016, 03:38:22 PM
 #522

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 always believe in fiat it's really accurate when i needed that the most where ialways exchange my bitcoin into fiat whenever i need money and i can easily sell my bitcoin too i would never hate fiat at all and i will continue using fiat for my purposes and for more future activities that i would do in the future.

we are kinda forced to believe in fiat whether we like it or not!

fiat is the currency that everybody has to use in their daily life for buying their daily needs. and the problems is that there is no escaping that...

bitcoin is challenging this, that is right but there is a long way to go from the day that we can actually see bitcoin be used as a currency everywhere.

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November 02, 2016, 03:48:25 PM
 #523

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 always believe in fiat it's really accurate when i needed that the most where ialways exchange my bitcoin into fiat whenever i need money and i can easily sell my bitcoin too i would never hate fiat at all and i will continue using fiat for my purposes and for more future activities that i would do in the future.

we are kinda forced to believe in fiat whether we like it or not!

fiat is the currency that everybody has to use in their daily life for buying their daily needs. and the problems is that there is no escaping that...

bitcoin is challenging this, that is right but there is a long way to go from the day that we can actually see bitcoin be used as a currency everywhere.

True. Forced because of tradition, you really have no choice. Fiat have been in the life of humanity for a very long time since it was created. Well, it is not a problem. It made our life easier and more convenient. The paper which is so light and can be brought wherever you travel.


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November 02, 2016, 04:13:17 PM
 #524

Government jobs are where incompetent management meet lazy workers. That's what we get in terms of public services. Quality of services we receive various by the countries, but I believe it's the common behavior globally.

Is this sustainable long term?
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November 02, 2016, 05:17:58 PM
 #525

yup i do. bitcoin are good as seen from the technical view but  faint currency system have sone strong roots into the economy which gives them their first advantage that is te stability of their price which hardly changes in some years. they have huge amount of users and the faints are also used in multiple countrys too like usd

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November 02, 2016, 05:28:24 PM
 #526

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 always believe in fiat it's really accurate when i needed that the most where ialways exchange my bitcoin into fiat whenever i need money and i can easily sell my bitcoin too i would never hate fiat at all and i will continue using fiat for my purposes and for more future activities that i would do in the future.

we are kinda forced to believe in fiat whether we like it or not!

fiat is the currency that everybody has to use in their daily life for buying their daily needs. and the problems is that there is no escaping that...

bitcoin is challenging this, that is right but there is a long way to go from the day that we can actually see bitcoin be used as a currency everywhere.

True. Forced because of tradition, you really have no choice. Fiat have been in the life of humanity for a very long time since it was created. Well, it is not a problem. It made our life easier and more convenient. The paper which is so light and can be brought wherever you travel.
Its not a traditional. fiat are made by banks controlled by government they are choose local currency that we can use in the who country.
We need to believe in fiat because we are using it for our daily lives ..
http://positivemoney.org/how-money-works/how-banks-create-money/

.WHERE DOES BITCOIN PRICE GO
bitcoin
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November 02, 2016, 05:43:05 PM
 #527

yup i do. bitcoin are good as seen from the technical view but  faint currency system have sone strong roots into the economy which gives them their first advantage that is te stability of their price which hardly changes in some years. they have huge amount of users and the faints are also used in multiple countrys too like usd

And even if a fiat is used just in one country it would still have great value among its users as they are being used from the time those countries are made so the users wont just accept something else in place of it or stop believing in it.
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November 02, 2016, 05:56:17 PM
 #528

yup i do. bitcoin are good as seen from the technical view but  faint currency system have sone strong roots into the economy which gives them their first advantage that is te stability of their price which hardly changes in some years. they have huge amount of users and the faints are also used in multiple countrys too like usd

And even if a fiat is used just in one country it would still have great value among its users as they are being used from the time those countries are made so the users wont just accept something else in place of it or stop believing in it.

and I believe it. as without fiat. He was in our lives since childhood. It is a habit from which it is impossible to get rid of. Fiat protected by the government.
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November 02, 2016, 06:37:23 PM
 #529

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.
You are correct in that, but you have it backwards, just look at the euro, they first created an artificial currency called the euro and after creating the single currency they have tried to strengthen the political union.
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November 02, 2016, 07:04:31 PM
 #530

yup i do. bitcoin are good as seen from the technical view but  faint currency system have sone strong roots into the economy which gives them their first advantage that is te stability of their price which hardly changes in some years. they have huge amount of users and the faints are also used in multiple countrys too like usd

And even if a fiat is used just in one country it would still have great value among its users as they are being used from the time those countries are made so the users wont just accept something else in place of it or stop believing in it.

and I believe it. as without fiat. He was in our lives since childhood. It is a habit from which it is impossible to get rid of. Fiat protected by the government.
As per current scenario and bitcoin adoption rate, no one will be able to lead a life without fiats. Believing in to bitcoin will not demand us to leave off using fiats completely. To have a better life, we must have to keep both of them. Maybe in near future we will be getting more options for leading a life only with the bitcoins.


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November 02, 2016, 07:31:07 PM
 #531

At Fiat has its own functions assigned to it the government. He performs them. The government built on the use of full fiat money. That is why the Fiat will exist as long as there is a state



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November 03, 2016, 11:34:36 PM
 #532

At Fiat has its own functions assigned to it the government. He performs them. The government built on the use of full fiat money. That is why the Fiat will exist as long as there is a state
Fiat money does not necessarily need a government in order to exist, for example in Germany during the 20s crisis banks began printing their own currency that only had any value because they said it did which is the very definition of fiat.
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November 04, 2016, 09:58:08 AM
 #533

At Fiat has its own functions assigned to it the government. He performs them. The government built on the use of full fiat money. That is why the Fiat will exist as long as there is a state
Fiat money does not necessarily need a government in order to exist, for example in Germany during the 20s crisis banks began printing their own currency that only had any value because they said it did which is the very definition of fiat.
yeah mostly we still rely on fiat and i dont think that would change anytime soon. There maybe other types of currencies that would come up but fiat would still be the main currency

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November 04, 2016, 10:46:24 AM
 #534

I think it is not a matter of believing or not. You use them because it is available, like when you're in your country or another country you will have no choice to use the country's local currency right?

Fiat has its own purpose like any other form of currency  Grin

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November 04, 2016, 10:53:54 AM
 #535

I think it is not a matter of believing or not. You use them because it is available, like when you're in your country or another country you will have no choice to use the country's local currency right?

Fiat has its own purpose like any other form of currency  Grin
thats the point its the identity of that particular country so believing on it is a must. even btc explode and rising up we still needed fiat no matter what.

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November 04, 2016, 11:41:14 AM
 #536

I think it is not a matter of believing or not. You use them because it is available, like when you're in your country or another country you will have no choice to use the country's local currency right?

Fiat has its own purpose like any other form of currency  Grin
thats the point its the identity of that particular country so believing on it is a must. even btc explode and rising up we still needed fiat no matter what.
But bitcoin is here to serve us for a completely different reason. When you are in need of protecting your identity or when you are traveling abroad or you want to save assets in highly protected manner for decades, you can make use of bitcoin there.

When fiats fail to fit a situation, we have a great solution in the name of bitcoin. But, it does not mean we need not to believe in fiats.

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November 04, 2016, 12:22:59 PM
 #537

I think it is not a matter of believing or not. You use them because it is available, like when you're in your country or another country you will have no choice to use the country's local currency right?

Fiat has its own purpose like any other form of currency  Grin


Yup its practically right buddy. Its waste to think about using fiat or not. Just use the fiat currencies until it leaves from the world. I think mine is better idea;)
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November 04, 2016, 12:46:46 PM
 #538

I think it is not a matter of believing or not. You use them because it is available, like when you're in your country or another country you will have no choice to use the country's local currency right?

Fiat has its own purpose like any other form of currency  Grin
thats the point its the identity of that particular country so believing on it is a must. even btc explode and rising up we still needed fiat no matter what.
But bitcoin is here to serve us for a completely different reason. When you are in need of protecting your identity or when you are traveling abroad or you want to save assets in highly protected manner for decades, you can make use of bitcoin there.

When fiats fail to fit a situation, we have a great solution in the name of bitcoin. But, it does not mean we need not to believe in fiats.
The thing is we cannot be anonymous all the time, it depends on the demand of every situation. If we travel then it is just right to tell our real identity as that is required to all of us. Bitcoin can be anonymous also if the company attached to it requires us to comply to avail the service.

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November 04, 2016, 01:10:58 PM
 #539

yup i do. bitcoin are good as seen from the technical view but  faint currency system have sone strong roots into the economy which gives them their first advantage that is te stability of their price which hardly changes in some years. they have huge amount of users and the faints are also used in multiple countrys too like usd
I suggest you to have a look at currency devaluation some of the countries are having like Venezuela and china and in lots of other african countries. Actually fiat other than USD aren't stable, they are being devalued every year.

In the other hand if you look at the price chart of bitcoin it is in its exponential growth from starting days.

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November 04, 2016, 01:12:14 PM
 #540

I believe that Fiat will still be a long time to live. While there are state and government, will be Fiat. Without it does not do
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