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Author Topic: Do you Still believe in Fiat?  (Read 74818 times)
sadasa
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December 17, 2016, 09:52:06 PM
 #781

Yes i still believe it. Fiat is real, and fiat can do more than bitcoin so there is no reason to leave it.

Fiat is as unreal as you can get. It is printed with nothing backing it so in short it is useless paper you have been made to believe is real. Bravo.

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December 17, 2016, 10:30:03 PM
 #782

Well, I can't hate fiat at this moment because my main business is precisely the fiat speculation through the Forex market, but I also think fiat is about to crash, however it is still possible to make some money and useful things from fiat before it disappears.
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December 17, 2016, 10:47:38 PM
 #783

Yes i still believe it. Fiat is real, and fiat can do more than bitcoin so there is no reason to leave it.

Fiat is as unreal as you can get. It is printed with nothing backing it so in short it is useless paper you have been made to believe is real. Bravo.


Of course i still believe in fiat because without  fiat we could not use the cash in of our online wallet and its very important in terms of cash in hand transaction like buying goods requiring fiat currency. Not most of products or goods is adopting crypti currency thats why we need fiat in order for purchasing using cash like fiat.

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December 18, 2016, 01:18:00 PM
 #784

Yes i still believe it. Fiat is real, and fiat can do more than bitcoin so there is no reason to leave it.

Fiat is as unreal as you can get. It is printed with nothing backing it so in short it is useless paper you have been made to believe is real. Bravo.


Of course i still believe in fiat because without  fiat we could not use the cash in of our online wallet and its very important in terms of cash in hand transaction like buying goods requiring fiat currency. Not most of products or goods is adopting crypti currency thats why we need fiat in order for purchasing using cash like fiat.
For now, fiat is very dominant compared to any other asset and most if not all of the population in this world are using fiat even the whales in bitcoin. We cannot deny the fact that fiat is part of our life and we needed it on our daily transaction, to spend for our daily needs, leisure and any other activities.

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December 18, 2016, 06:28:48 PM
 #785

Yes i still believe it. Fiat is real, and fiat can do more than bitcoin so there is no reason to leave it.

Fiat is as unreal as you can get. It is printed with nothing backing it so in short it is useless paper you have been made to believe is real. Bravo.

In fact, Bitcoin is not very different in this respect

Basically, it is a pyramidal scheme right now (that's why I'm so critical of anyone suggesting everyone else to buy bitcoins with all they have), but since it is a headless one (if I can say so given that Satoshi is essentially left for dead), it can exist very long. Today we have only a few million users in the world but the price is already around $800 per coin, so there is plenty of room into which Bitcoin can expand as well as plenty of time into which Bitcoin can exist. On the other hand, by the time when its expansion potential is fully exhausted, it may turn into a real thing widely and wildly supported by merchants and producers, i.e. turn from a financial pyramid as of now into a real economy as of then
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December 18, 2016, 06:43:39 PM
 #786

I still believe in fiat of course because I use it in daily transactions such as buying and selling goods or products. Fiat is the primary currency now and then. It will not be replaced by other projects because it is easy to use. Even there will be new payment methods now and in the future, fiat would still exist.
In fact fiat is still the need of the day, as the basic infrastructure of bitcoin are not available everywhere, and most of the people still do not know about bitcoin therefore they are using fiat primary and those people who know about bitcoin they are admitting the importance of bitcoin, they use bitcoin for most of their online activities as bitcoin is more convenient than fiat for online related things.
yes that is the main reason that we are believing on fiat, as the facilities of bitcoin are not yet available everywhere, therefore most of the people consider bitcoin their side business and continue using fiat as their main currency.
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December 18, 2016, 06:45:01 PM
 #787

I still believe in fiat of course because I use it in daily transactions such as buying and selling goods or products. Fiat is the primary currency now and then. It will not be replaced by other projects because it is easy to use. Even there will be new payment methods now and in the future, fiat would still exist.
In fact fiat is still the need of the day, as the basic infrastructure of bitcoin are not available everywhere, and most of the people still do not know about bitcoin therefore they are using fiat primary and those people who know about bitcoin they are admitting the importance of bitcoin, they use bitcoin for most of their online activities as bitcoin is more convenient than fiat for online related things.
yes that is the main reason that we are believing on fiat, as the facilities of bitcoin are not yet available everywhere, therefore most of the people consider bitcoin their side business and continue using fiat as their main currency.

You need to use "fiat money" because they have a legal status, and all shop in a country must accept it.
So you cannot believe in fiat because one day they can disappear (more or less) but actually is the only solution available for payment.
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December 18, 2016, 07:20:48 PM
 #788

I still believe in fiat of course because I use it in daily transactions such as buying and selling goods or products. Fiat is the primary currency now and then. It will not be replaced by other projects because it is easy to use. Even there will be new payment methods now and in the future, fiat would still exist.
In fact fiat is still the need of the day, as the basic infrastructure of bitcoin are not available everywhere, and most of the people still do not know about bitcoin therefore they are using fiat primary and those people who know about bitcoin they are admitting the importance of bitcoin, they use bitcoin for most of their online activities as bitcoin is more convenient than fiat for online related things.
yes that is the main reason that we are believing on fiat, as the facilities of bitcoin are not yet available everywhere, therefore most of the people consider bitcoin their side business and continue using fiat as their main currency.

You need to use "fiat money" because they have a legal status, and all shop in a country must accept it.
So you cannot believe in fiat because one day they can disappear (more or less) but actually is the only solution available for payment.
to me the main reason is that bitcoin is still not available everywhere, and most of the people do not know about bitcoin, hope that in future bitcoin will be sue as fiat currency, and all the people of the world will have equal opportunities of using it.
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December 18, 2016, 07:33:15 PM
 #789

I still believe in fiat of course because I use it in daily transactions such as buying and selling goods or products. Fiat is the primary currency now and then. It will not be replaced by other projects because it is easy to use. Even there will be new payment methods now and in the future, fiat would still exist.
In fact fiat is still the need of the day, as the basic infrastructure of bitcoin are not available everywhere, and most of the people still do not know about bitcoin therefore they are using fiat primary and those people who know about bitcoin they are admitting the importance of bitcoin, they use bitcoin for most of their online activities as bitcoin is more convenient than fiat for online related things.
yes that is the main reason that we are believing on fiat, as the facilities of bitcoin are not yet available everywhere, therefore most of the people consider bitcoin their side business and continue using fiat as their main currency.

You need to use "fiat money" because they have a legal status, and all shop in a country must accept it.
So you cannot believe in fiat because one day they can disappear (more or less) but actually is the only solution available for payment.

Yes, i agree with you. We cann't leave fiat as long as our country still using it
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December 18, 2016, 09:09:24 PM
 #790

I still believe in fiat of course because I use it in daily transactions such as buying and selling goods or products. Fiat is the primary currency now and then. It will not be replaced by other projects because it is easy to use. Even there will be new payment methods now and in the future, fiat would still exist.
In fact fiat is still the need of the day, as the basic infrastructure of bitcoin are not available everywhere, and most of the people still do not know about bitcoin therefore they are using fiat primary and those people who know about bitcoin they are admitting the importance of bitcoin, they use bitcoin for most of their online activities as bitcoin is more convenient than fiat for online related things.
yes that is the main reason that we are believing on fiat, as the facilities of bitcoin are not yet available everywhere, therefore most of the people consider bitcoin their side business and continue using fiat as their main currency.

You need to use "fiat money" because they have a legal status, and all shop in a country must accept it.
So you cannot believe in fiat because one day they can disappear (more or less) but actually is the only solution available for payment.

Yes, i agree with you. We cann't leave fiat as long as our country still using it
Often fiduciary money functions as a payment instrument on the basis of state laws that oblige to take them at face value. So long as people believe that this money is valuable, the price of them and will be at normal levels, but as soon as this belief is shaken, the end of fiat.
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December 18, 2016, 09:13:07 PM
 #791

I still believe in fiat of course because I use it in daily transactions such as buying and selling goods or products. Fiat is the primary currency now and then. It will not be replaced by other projects because it is easy to use. Even there will be new payment methods now and in the future, fiat would still exist.
In fact fiat is still the need of the day, as the basic infrastructure of bitcoin are not available everywhere, and most of the people still do not know about bitcoin therefore they are using fiat primary and those people who know about bitcoin they are admitting the importance of bitcoin, they use bitcoin for most of their online activities as bitcoin is more convenient than fiat for online related things.
yes that is the main reason that we are believing on fiat, as the facilities of bitcoin are not yet available everywhere, therefore most of the people consider bitcoin their side business and continue using fiat as their main currency.

You need to use "fiat money" because they have a legal status, and all shop in a country must accept it.
So you cannot believe in fiat because one day they can disappear (more or less) but actually is the only solution available for payment.

Yes, i agree with you. We cann't leave fiat as long as our country still using it
Bankers will always make sure that you're enslaved to what they want you to do, how much they want your stuff to be valued, and so on and so forth. Countries will always look to force their citizens to use fiat because they have less and less power the more the public goes for different forms of currency.
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December 18, 2016, 09:13:58 PM
 #792

Yes i still believe it. Fiat is real, and fiat can do more than bitcoin so there is no reason to leave it.

Fiat is as unreal as you can get. It is printed with nothing backing it so in short it is useless paper you have been made to believe is real. Bravo.


Of course i still believe in fiat because without  fiat we could not use the cash in of our online wallet and its very important in terms of cash in hand transaction like buying goods requiring fiat currency. Not most of products or goods is adopting crypti currency thats why we need fiat in order for purchasing using cash like fiat.
For now, fiat is very dominant compared to any other asset and most if not all of the population in this world are using fiat even the whales in bitcoin. We cannot deny the fact that fiat is part of our life and we needed it on our daily transaction, to spend for our daily needs, leisure and any other activities.
Yeah, it's possible to realize that most people do not see fiat currency problems, and prefer to use that instead of other currencies. I think that before Bitcoin becomes mainstream, there will be a lot of resistance from people, especially skeptics and people who do not know the basics behind this technology.
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December 18, 2016, 10:16:49 PM
 #793

If the answer is essentially the question raised, it is possible to answer unequivocally, that fiat money will be appreciated only if they produced a rich country, that their authority ensures their value. It goes without saying.

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December 18, 2016, 10:17:33 PM
 #794

I still believe in fiat of course because I use it in daily transactions such as buying and selling goods or products. Fiat is the primary currency now and then. It will not be replaced by other projects because it is easy to use. Even there will be new payment methods now and in the future, fiat would still exist.
In fact fiat is still the need of the day, as the basic infrastructure of bitcoin are not available everywhere, and most of the people still do not know about bitcoin therefore they are using fiat primary and those people who know about bitcoin they are admitting the importance of bitcoin, they use bitcoin for most of their online activities as bitcoin is more convenient than fiat for online related things.
yes that is the main reason that we are believing on fiat, as the facilities of bitcoin are not yet available everywhere, therefore most of the people consider bitcoin their side business and continue using fiat as their main currency.

You need to use "fiat money" because they have a legal status, and all shop in a country must accept it.
So you cannot believe in fiat because one day they can disappear (more or less) but actually is the only solution available for payment.
to me the main reason is that bitcoin is still not available everywhere, and most of the people do not know about bitcoin, hope that in future bitcoin will be sue as fiat currency, and all the people of the world will have equal opportunities of using it.
I think they will not be same as fiat currency because bitcoin will always digital currency that i think it is good only for alternative payment method.. the good thing using bitcoin as alternative there is no hassle to use than the other payment methods.. the other good benefits are the price is not stable and the price is keep increasing.. we should believe on fiat even it is involve in taxes because it is our main currency or local currency..

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December 18, 2016, 10:35:11 PM
 #795

It is hard to trust fiat, because their value is in some ways just an empty phrase in the decency of even the simplest metal coin that has its real cost and that has a gold reserve of the country.
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December 18, 2016, 10:50:11 PM
 #796

It is hard to trust fiat, because their value is in some ways just an empty phrase in the decency of even the simplest metal coin that has its real cost and that has a gold reserve of the country.
As they say in the history of network experts fiatnyh money - to put it mildly, the history of failures. In fact, any attempt to force the state of the decree imposing the value of money, since the era of the Romans ended in devaluation and, ultimately, the collapse of not only the currency but the whole economic system.
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December 18, 2016, 11:08:52 PM
 #797

It is hard to trust fiat, because their value is in some ways just an empty phrase in the decency of even the simplest metal coin that has its real cost and that has a gold reserve of the country.
As they say in the history of network experts fiatnyh money - to put it mildly, the history of failures. In fact, any attempt to force the state of the decree imposing the value of money, since the era of the Romans ended in devaluation and, ultimately, the collapse of not only the currency but the whole economic system.

Couldn't happen fast enough now, as far as I'm concerned. 

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December 19, 2016, 10:55:59 AM
 #798

It is hard to trust fiat, because their value is in some ways just an empty phrase in the decency of even the simplest metal coin that has its real cost and that has a gold reserve of the country.

Just because of that, that is making you think that fiat is hard to trust? I still believe in fiat, because we need it unless the government will replace it by another currency then I won't believe with it anymore. Just abide the law of the government and you'll be fine, whether it is with fiat or else you'll be fine for violating their very own rules.

If the government had stolen money from you a few times in the past through confiscatory monetary reforms as well as abrupt currency devaluations and continues to gradually devalue its currency, it is really hard to trust this currency (and the government) as well as remain a law-abiding citizen at that. Really, why should I give a fuck about the government if it chose to openly despise me through their actions and evidently cares more for their own well-being?

But you may of course continue to abide by the "law of the government"



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December 19, 2016, 12:43:27 PM
 #799

It is hard to trust fiat, because their value is in some ways just an empty phrase in the decency of even the simplest metal coin that has its real cost and that has a gold reserve of the country.


Just because of that, that is making you think that fiat is hard to trust? I still believe in fiat, because we need it unless the government will replace it by another currency then I won't believe with it anymore. Just abide the law of the government and you'll be fine, whether it is with fiat or else you'll be fine for violating their very own rules.

i think i still believe fiat for now, because bitcoin is not yet accepting by my government and we know there are only few country that accepting bitcoin, maybe in future if my government accepted bitcoin and allow for using bitcoin as payment as fiat, then i will use both as my payment.
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December 19, 2016, 01:11:27 PM
 #800

ofcourse yes we still using it on our everyday life when we buy foods, drinks, gas, payrent and even buy things we're using fiat system. fiat system is still alive even bitcoin is being popular this day. bitcoin is created for backup purposes in near future. but still our government will never let fiat system to disappear because thats the only thing for balance circulation of the economy,.
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