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Author Topic: Do you Still believe in Fiat?  (Read 74821 times)
jamesl22
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June 13, 2016, 09:29:18 PM
 #81

I still believe in the fiat of course, the bitcoin will never replace this in my eyes due to the fact Fiat is way too big.

Exactly, we can say that fiat is enjoying monopoly at a moment involving huge number of users who prefer to use it as they find it easy and very convenient.


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June 13, 2016, 10:26:34 PM
 #82

Fiat will be always actual for everybody, cause goverment manipulating and trying to increase fiat everytime but anyway bitcoin is really better.

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June 14, 2016, 12:43:48 PM
 #83

I still believe in the fiat of course, the bitcoin will never replace this in my eyes due to the fact Fiat is way too big.
Fiat is made just out of thin air, I doubt fiat nowadays the time I've been introduce to bitcoin, but of course fiat is important to me because thats what we use to buy things. But as I see articles that fiat is just made out of thin air by banks thats the time I had doubt with it.
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June 14, 2016, 01:07:09 PM
 #84

Whether you believe in it or not, fiat will always be there.
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June 14, 2016, 01:16:14 PM
 #85

Fiat will be always actual for everybody, cause goverment manipulating and trying to increase fiat everytime but anyway bitcoin is really better.

Bitcoin is better only for its users, but people who are not aware about bitcoins yet don't have any other option, either they will use fiat or credit cards for making purchases.
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June 14, 2016, 02:57:14 PM
 #86

I have never believed
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.
i neve rbelieved in fiat before because the bitcoin came you know this is more my time. So i never wanted to use fiat and i think that is the same for allot of people.
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June 14, 2016, 03:17:22 PM
 #87

I have never believed
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.
i neve rbelieved in fiat before because the bitcoin came you know this is more my time. So i never wanted to use fiat and i think that is the same for allot of people.

So you mean to say that you never use fiat and only use bitcoin? I don't think that is possible as bitcoin is not that popular yet and only fiat can take care of that.
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June 14, 2016, 03:17:28 PM
 #88

I still believe in the fiat of course, the bitcoin will never replace this in my eyes due to the fact Fiat is way too big.

Exactly, we can say that fiat is enjoying monopoly at a moment involving huge number of users who prefer to use it as they find it easy and very convenient.
I know that you can see now that the value of Bitcoin is going to rise and you will become greedy and that is bad, just wait a longer time until the value will be higher and sell it on the moment when you think it will be enough profit.
But the risky thing is that it is hard to know what will truly happen with the value of Bitcoin because there is also a chance that it can reduce.
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June 14, 2016, 03:35:14 PM
 #89

I still believe in the fiat of course, the bitcoin will never replace this in my eyes due to the fact Fiat is way too big.

Exactly, we can say that fiat is enjoying monopoly at a moment involving huge number of users who prefer to use it as they find it easy and very convenient.
I know that you can see now that the value of Bitcoin is going to rise and you will become greedy and that is bad, just wait a longer time until the value will be higher and sell it on the moment when you think it will be enough profit.
But the risky thing is that it is hard to know what will truly happen with the value of Bitcoin because there is also a chance that it can reduce.

There is no high price or low price of bitcoin, if you are comfortable with the price then without thinking twice you should sell your coins and grab the profits.
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June 15, 2016, 12:09:43 AM
 #90

I still believe in Fiat. Because of fiat I can buy my daily needs no problem. I also believe in Bitcoin too but I always trade them to fiat so that I have something to spend for my daily needs.  Grin
yeah for this period may fiat continue to thrive in the future but no one knows about it? but I will always believe the bitcoin. fiat give this order in state finance and transactions per day. I do not know what to do if there is no fiat? still using barter Lol


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greBit
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June 15, 2016, 12:36:38 PM
 #91

I still believe in Fiat. Because of fiat I can buy my daily needs no problem. I also believe in Bitcoin too but I always trade them to fiat so that I have something to spend for my daily needs.  Grin
yeah for this period may fiat continue to thrive in the future but no one knows about it? but I will always believe the bitcoin. fiat give this order in state finance and transactions per day. I do not know what to do if there is no fiat? still using barter Lol


I think both are important at a moment, as bitcoin can take care of us digitally while fiat takes care physically and the fact is we cannot use bitcoin everywhere and only fiat can take care of that.
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June 15, 2016, 01:40:14 PM
 #92

Bitcoin will have not that bad future and you have to know that there are now more people that is going to use Bitcoin and that is really nice for the currency itself.
But it is so sad that there are a lot of people that is negative about Bitcoin and that have to change.
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June 15, 2016, 01:43:04 PM
 #93

Bitcoin will have not that bad future and you have to know that there are now more people that is going to use Bitcoin and that is really nice for the currency itself.
But it is so sad that there are a lot of people that is negative about Bitcoin and that have to change.

That's true the percentage of negative people is more in compare to positive one, and there are many people who really don't care about bitcoin and are comfortable in using fiat.
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June 15, 2016, 01:58:35 PM
 #94

Money as debt is the worst system invented ever,

Since there will always be more debt (thanks to interest) than there is actual money in the money supply.

Therefore, financially bankrupt losers are purposely built into the system that has been created.

It's like playing a game of musical chairs, even though in reality there is enough wealth and resources to go around to everyone.



its 100% debt, only new debt can pay off the old debt,

this is why property taxes exist, otherwise u would have

debt free assets,
i have never believed in fiat and i think that i am not the only one because as you can see when bitcoin introduced there where many more people interested into the bitcoin than from the beginning of fiat.
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June 15, 2016, 02:03:14 PM
 #95

Money as debt is the worst system invented ever,

Since there will always be more debt (thanks to interest) than there is actual money in the money supply.

Therefore, financially bankrupt losers are purposely built into the system that has been created.

It's like playing a game of musical chairs, even though in reality there is enough wealth and resources to go around to everyone.



its 100% debt, only new debt can pay off the old debt,

this is why property taxes exist, otherwise u would have

debt free assets,
i have never believed in fiat and i think that i am not the only one because as you can see when bitcoin introduced there where many more people interested into the bitcoin than from the beginning of fiat.

Fiat is useless in compare to bitcoin but the fact is we don't have any other option at a moment as we cannot use bitcoin everywhere  so we need to seek support from fiat.
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June 16, 2016, 11:15:32 AM
 #96

Money as debt is the worst system invented ever,

Since there will always be more debt (thanks to interest) than there is actual money in the money supply.

Therefore, financially bankrupt losers are purposely built into the system that has been created.

It's like playing a game of musical chairs, even though in reality there is enough wealth and resources to go around to everyone.



its 100% debt, only new debt can pay off the old debt,

this is why property taxes exist, otherwise u would have

debt free assets,
i have never believed in fiat and i think that i am not the only one because as you can see when bitcoin introduced there where many more people interested into the bitcoin than from the beginning of fiat.

Fiat is useless in compare to bitcoin but the fact is we don't have any other option at a moment as we cannot use bitcoin everywhere  so we need to seek support from fiat.

Thats true, fiat is just made out of a tree and if government want to have a money they can do it just make a fiat out of thin air while bitcoin is hard to gather because you need to mine before you can get one. So bitcoin is the best.
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June 16, 2016, 12:14:51 PM
 #97

Money as debt is the worst system invented ever,

Since there will always be more debt (thanks to interest) than there is actual money in the money supply.

Therefore, financially bankrupt losers are purposely built into the system that has been created.

It's like playing a game of musical chairs, even though in reality there is enough wealth and resources to go around to everyone.



its 100% debt, only new debt can pay off the old debt,

this is why property taxes exist, otherwise u would have

debt free assets,
i have never believed in fiat and i think that i am not the only one because as you can see when bitcoin introduced there where many more people interested into the bitcoin than from the beginning of fiat.

Fiat is useless in compare to bitcoin but the fact is we don't have any other option at a moment as we cannot use bitcoin everywhere  so we need to seek support from fiat.

Thats true, fiat is just made out of a tree and if government want to have a money they can do it just make a fiat out of thin air while bitcoin is hard to gather because you need to mine before you can get one. So bitcoin is the best.

In future we may see majority of users holding bitcoin, and the usage of fiat will be reduced, it will not simply disappear but the demand of bitcoin will be higher in compare to fiat.
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June 16, 2016, 12:30:28 PM
 #98

i actually dont believe in fiat any more because i know that it will soon be worthless and no one will care about it

i always buy my bitcoins from time to time because i know that it will have bright future pretty soon


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June 16, 2016, 12:32:28 PM
 #99

i actually dont believe in fiat any more because i know that it will soon be worthless and no one will care about it

i always buy my bitcoins from time to time because i know that it will have bright future pretty soon

Investing in bitcoin is really good, but the fact is fiat will also in demand in future, as I don't think that bitcoin has that power to make fiat completely disappear.
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June 16, 2016, 09:31:51 PM
 #100

How can you hate the thing you are using to buy you your daily needs?  I have more faith in Fiat than BTC to be honest Cheesy the main reason i have to change BTC to fiat is that regardless how high BTC is im confident that encashing it will give me stuff that i need Cheesy
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