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Author Topic: Do you Still believe in Fiat?  (Read 74821 times)
Ailmand
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December 27, 2016, 09:07:21 AM
 #881

All of us here we know the bitcoin advantages compared to fiat but fiat dominates the world something difficult to change. So If we believe to bitcoin we must use bitcoin. That is to buy/sell goods and services in every day transactions. If we use bitcoin only for hoarding then we tacitly agree that we trust only fiat money.
I do not think it should aim to replace fiat because it is impossible. quite become the alternative of fiat was even excellent
because fiat is have the whole world and will continue to be used and I believe in fiat
Before we even think of bitcoin or cryptocurrencies replacing fiat, bitcoin needs to become the dominant online payment, bitcoin casinos are doing a great job promoting bitcoin but we need to displace Paypal first.

The bitcoin will not become a dominant online line payment. If it is 5%, then it is a great achievement.


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December 27, 2016, 10:08:48 AM
 #882

Whether you still believe or not, You still need to believe because that is how we make for a living by believing in fiat and working for that thing. That "fiat" will help us to survive day by day and buy the things we want and also make more fiat  or money. Don't imagine or expect too much that fiat will no longer exist on the next few years because that is impossible. Bitcoin still needs a lot of time and development to be accepted as a currency and also be stable Roll Eyes.

we are still believe in fiat and its because we are using fiat to buy many things in offline and online store. but there are any possibility for bitcoin to be use liat fiat in future and its need many preparation for this, and meanwhile we can see that in online world, many store online is available to accepting bitcoin as their payments.



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December 27, 2016, 11:04:50 AM
 #883

All of us here we know the bitcoin advantages compared to fiat but fiat dominates the world something difficult to change. So If we believe to bitcoin we must use bitcoin. That is to buy/sell goods and services in every day transactions. If we use bitcoin only for hoarding then we tacitly agree that we trust only fiat money.
I do not think it should aim to replace fiat because it is impossible. quite become the alternative of fiat was even excellent
because fiat is have the whole world and will continue to be used and I believe in fiat
Before we even think of bitcoin or cryptocurrencies replacing fiat, bitcoin needs to become the dominant online payment, bitcoin casinos are doing a great job promoting bitcoin but we need to displace Paypal first.

The bitcoin will not become a dominant online line payment. If it is 5%, then it is a great achievement.

It will become a dominant online payment in the future, why? Even paypal is showing its interest into it because they know it can kill their business.

I don't think it is just only 5% but it will be a blast can many will going to use it even though many of us will still going to use fiat.

People will just convert fiat into bitcoin for each transaction that we will do.

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December 27, 2016, 11:07:00 AM
 #884

I also very much encouraged by the fact that more and more stores have begun to accept Bitcoin. But to live a very hard without fiat currency. It should be for everyone. In the next few years the situation will not change significantly.
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December 27, 2016, 11:11:14 AM
 #885

I also very much encouraged by the fact that more and more stores have begun to accept Bitcoin. But to live a very hard without fiat currency. It should be for everyone. In the next few years the situation will not change significantly.


well you are right it is very difficult if you live without fiat because by the end of the day our bitcoin we are exchanging it to our own fiat because there are still no stores that accepts bitcoin in our country weell I think next few years bitcoin is getting famous and lot of users and also there are lot of shops that accepts bitcoin and fiat stays fiat
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December 27, 2016, 01:18:52 PM
 #886

I also very much encouraged by the fact that more and more stores have begun to accept Bitcoin. But to live a very hard without fiat currency. It should be for everyone. In the next few years the situation will not change significantly.


well you are right it is very difficult if you live without fiat because by the end of the day our bitcoin we are exchanging it to our own fiat because there are still no stores that accepts bitcoin in our country weell I think next few years bitcoin is getting famous and lot of users and also there are lot of shops that accepts bitcoin and fiat stays fiat

If you try, you can live without a fiat currency. It does not matter whether all stores accept Bitcoin. There will always be someone who can sell you anything for Bitcoins.
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December 27, 2016, 01:28:29 PM
 #887

I also very much encouraged by the fact that more and more stores have begun to accept Bitcoin. But to live a very hard without fiat currency. It should be for everyone. In the next few years the situation will not change significantly.


well you are right it is very difficult if you live without fiat because by the end of the day our bitcoin we are exchanging it to our own fiat because there are still no stores that accepts bitcoin in our country weell I think next few years bitcoin is getting famous and lot of users and also there are lot of shops that accepts bitcoin and fiat stays fiat

If you try, you can live without a fiat currency. It does not matter whether all stores accept Bitcoin. There will always be someone who can sell you anything for Bitcoins.

It can be but it is still hard to do especially when we need to provide our basic needs or in emergency cases , bitcoin stores or sellers might not always be there so it is impossible to live without our own fiat, fiat that is being accepted by many.

_Crypto made easier than cash_

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December 27, 2016, 01:39:13 PM
 #888

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


Question with a obvious answer: naturally yes. I believe in fiat because is fiat which give me the everyday life as I want to have one such. With fiat I buy the bread and feed my children, do everything else I want to do and even give me the possibility to save money for the future. Give me the possibility even to have bitcoin. Why I wouldn't believe in fiat?
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December 27, 2016, 01:46:13 PM
 #889

I also very much encouraged by the fact that more and more stores have begun to accept Bitcoin. But to live a very hard without fiat currency. It should be for everyone. In the next few years the situation will not change significantly.


well you are right it is very difficult if you live without fiat because by the end of the day our bitcoin we are exchanging it to our own fiat because there are still no stores that accepts bitcoin in our country weell I think next few years bitcoin is getting famous and lot of users and also there are lot of shops that accepts bitcoin and fiat stays fiat

If you try, you can live without a fiat currency. It does not matter whether all stores accept Bitcoin. There will always be someone who can sell you anything for Bitcoins.

It can be but it is still hard to do especially when we need to provide our basic needs or in emergency cases , bitcoin stores or sellers might not always be there so it is impossible to live without our own fiat, fiat that is being accepted by many.
That is the greatness of fiat nowadays that bitcoin cannot do for now we cannot just use bitcoin as a payment since it is not really a legal tender, Bitcoin has been a great help in our society, indeed but there are things that might really consider before we can eliminate fiat and that would take a long years before it would happen.  

BITEX
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December 27, 2016, 02:10:35 PM
 #890

I also very much encouraged by the fact that more and more stores have begun to accept Bitcoin. But to live a very hard without fiat currency. It should be for everyone. In the next few years the situation will not change significantly.


well you are right it is very difficult if you live without fiat because by the end of the day our bitcoin we are exchanging it to our own fiat because there are still no stores that accepts bitcoin in our country weell I think next few years bitcoin is getting famous and lot of users and also there are lot of shops that accepts bitcoin and fiat stays fiat
True its really hard when we don't use fiat on our daily living i can't even live without using fiat i don't think fiat will be denominant after 10-20 years fiat will be one will use to exchange our bitcoin i don't think that some of stores will begun accpeting bitcoin less of companies don't want bitcoin to be connected to them.

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December 27, 2016, 02:37:11 PM
 #891

I also very much encouraged by the fact that more and more stores have begun to accept Bitcoin. But to live a very hard without fiat currency. It should be for everyone. In the next few years the situation will not change significantly.


well you are right it is very difficult if you live without fiat because by the end of the day our bitcoin we are exchanging it to our own fiat because there are still no stores that accepts bitcoin in our country weell I think next few years bitcoin is getting famous and lot of users and also there are lot of shops that accepts bitcoin and fiat stays fiat
True its really hard when we don't use fiat on our daily living i can't even live without using fiat i don't think fiat will be denominant after 10-20 years fiat will be one will use to exchange our bitcoin i don't think that some of stores will begun accpeting bitcoin less of companies don't want bitcoin to be connected to them.

big companies are afraid to communicate with Bitcoin due to the fact that the situation is not clear to him. I mean legislation. Therefore, Fiat will still be used

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December 27, 2016, 03:51:11 PM
 #892

I also very much encouraged by the fact that more and more stores have begun to accept Bitcoin. But to live a very hard without fiat currency. It should be for everyone. In the next few years the situation will not change significantly.


well you are right it is very difficult if you live without fiat because by the end of the day our bitcoin we are exchanging it to our own fiat because there are still no stores that accepts bitcoin in our country weell I think next few years bitcoin is getting famous and lot of users and also there are lot of shops that accepts bitcoin and fiat stays fiat
True its really hard when we don't use fiat on our daily living i can't even live without using fiat i don't think fiat will be denominant after 10-20 years fiat will be one will use to exchange our bitcoin i don't think that some of stores will begun accpeting bitcoin less of companies don't want bitcoin to be connected to them.

big companies are afraid to communicate with Bitcoin due to the fact that the situation is not clear to him. I mean legislation. Therefore, Fiat will still be used

their main reason is because their employees are not asking for it! I mean if you go ask your boss to pay you with bitcoin and then a couple of more of you colleagues do the same he is going to do it eventually and the only other issue is going to be taxes that I doubt it can be any trouble more than filling a new form!

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December 27, 2016, 03:59:02 PM
 #893

No doubts fiat will dominate for the coming 10-20 years (specially the big 4) but after that perhaps bitcoin , ALTs beside the other online payments gateway as well as paypal , moneybookers ,okpay .. etc will be the only type of payment available to use due to many reason safety and security be the first . time will tell .
Nope i don't think that this happen on that year fiat will never dominate paypal will never use or partnet with bitcoin because bitcoin is digital currency and paypal is company so theres an big chance that paypal will never accept bitcoin.



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StarofBTC
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December 27, 2016, 04:39:57 PM
 #894

No doubts fiat will dominate for the coming 10-20 years (specially the big 4) but after that perhaps bitcoin , ALTs beside the other online payments gateway as well as paypal , moneybookers ,okpay .. etc will be the only type of payment available to use due to many reason safety and security be the first . time will tell .
Nope i don't think that this happen on that year fiat will never dominate paypal will never use or partnet with bitcoin because bitcoin is digital currency and paypal is company so theres an big chance that paypal will never accept bitcoin.
I have pretty similar opinion as of you.  Paypal and bitcoin are totally diffirent they can not be campared with each other. nor both of them can replace fiat. I believe in fiat and I think fiat will exist for ever.. it is possible that one day bitcoin may become a fiat.. but fiat will exist .

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December 27, 2016, 05:40:34 PM
 #895

All of us here we know the bitcoin advantages compared to fiat but fiat dominates the world something difficult to change. So If we believe to bitcoin we must use bitcoin. That is to buy/sell goods and services in every day transactions. If we use bitcoin only for hoarding then we tacitly agree that we trust only fiat money.
I do not think it should aim to replace fiat because it is impossible. quite become the alternative of fiat was even excellent
because fiat is have the whole world and will continue to be used and I believe in fiat
Before we even think of bitcoin or cryptocurrencies replacing fiat, bitcoin needs to become the dominant online payment, bitcoin casinos are doing a great job promoting bitcoin but we need to displace Paypal first.

The bitcoin will not become a dominant online line payment. If it is 5%, then it is a great achievement.
I disagree, bitcoin right now is small that is true but to deny the potential bitcoin has it’s senseless, the advantages bitcoin has over a payment system like paypal are enormous and not easily beaten, like very low fees no chargebacks, fast transactions with a good enough fee.
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December 28, 2016, 10:20:54 AM
 #896

I also very much encouraged by the fact that more and more stores have begun to accept Bitcoin. But to live a very hard without fiat currency. It should be for everyone. In the next few years the situation will not change significantly.


well you are right it is very difficult if you live without fiat because by the end of the day our bitcoin we are exchanging it to our own fiat because there are still no stores that accepts bitcoin in our country weell I think next few years bitcoin is getting famous and lot of users and also there are lot of shops that accepts bitcoin and fiat stays fiat
True its really hard when we don't use fiat on our daily living i can't even live without using fiat i don't think fiat will be denominant after 10-20 years fiat will be one will use to exchange our bitcoin i don't think that some of stores will begun accpeting bitcoin less of companies don't want bitcoin to be connected to them.

big companies are afraid to communicate with Bitcoin due to the fact that the situation is not clear to him. I mean legislation. Therefore, Fiat will still be used

their main reason is because their employees are not asking for it! I mean if you go ask your boss to pay you with bitcoin and then a couple of more of you colleagues do the same he is going to do it eventually and the only other issue is going to be taxes that I doubt it can be any trouble more than filling a new form!

I don't think that any employer would give a fuck about their employees opinion in this respect unless their business is half legal (or just illegal) and directly related to Bitcoin, say, they run an exchange, web wallet or mixer. Employers have to pay taxes in fiat, and they should pay wages and salaries (a part of which they pay as taxes) in fiat as well. In other words, most employers are legally bound to pay remuneration in a certain currency...

And no employee asking is ever going to change that



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lol3c
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December 28, 2016, 10:41:44 AM
 #897

No doubts fiat will dominate for the coming 10-20 years (specially the big 4) but after that perhaps bitcoin , ALTs beside the other online payments gateway as well as paypal , moneybookers ,okpay .. etc will be the only type of payment available to use due to many reason safety and security be the first . time will tell .
Nope i don't think that this happen on that year fiat will never dominate paypal will never use or partnet with bitcoin because bitcoin is digital currency and paypal is company so theres an big chance that paypal will never accept bitcoin.
I have pretty similar opinion as of you.  Paypal and bitcoin are totally diffirent they can not be campared with each other. nor both of them can replace fiat. I believe in fiat and I think fiat will exist for ever.. it is possible that one day bitcoin may become a fiat.. but fiat will exist .
It is definitely that Bitcoin are different from Paypal but as you can see, Bitcoin is stronger and more effective than any other Fiat currencies on this planet. I do not agree to your opinion. Fiat can not last forever since cryptos have existed. And you are too fool to claim that Bitcoin is Fiat. Fiat is paper which is centralized by the government while Bitcoin is algorithm. They are obviously different

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December 28, 2016, 12:37:10 PM
 #898

I also very much encouraged by the fact that more and more stores have begun to accept Bitcoin. But to live a very hard without fiat currency. It should be for everyone. In the next few years the situation will not change significantly.
well you are right it is very difficult if you live without fiat because by the end of the day our bitcoin we are exchanging it to our own fiat because there are still no stores that accepts bitcoin in our country weell I think next few years bitcoin is getting famous and lot of users and also there are lot of shops that accepts bitcoin and fiat stays fiat

If you try, you can live without a fiat currency. It does not matter whether all stores accept Bitcoin. There will always be someone who can sell you anything for Bitcoins.
What, and pay more? Like double or even triple? Come now, let's get real here.
No one's ever gonna pay more unless they got no choice. Why would I even pay $50 with bitcoin when I could buy the same product for $25 with fiat?
Live without a fiat currency? That's just wishful thinking for now. Are you even prepared to do what you're suggesting?
It's just wasting money. Far as I'm concerned, fiat and bitcoin are both money. I use whichever is more convenient/economical depending on the situation. I'm not gonna strain myself or waste money just so I could say "I only use bitcoin".
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December 28, 2016, 02:45:07 PM
 #899

No doubts fiat will dominate for the coming 10-20 years (specially the big 4) but after that perhaps bitcoin , ALTs beside the other online payments gateway as well as paypal , moneybookers ,okpay .. etc will be the only type of payment available to use due to many reason safety and security be the first . time will tell .
Nope i don't think that this happen on that year fiat will never dominate paypal will never use or partnet with bitcoin because bitcoin is digital currency and paypal is company so theres an big chance that paypal will never accept bitcoin.
I have different opinion, I really sure that people will leave fiat soon, becouse use fiat is not profitable. Fiat value is always decrease. So people have to leave fiat then choose bitcoin and gold becouse both are such as safe haven stuff. I didn't believe fiat anymore.


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FortuneJack.com


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December 28, 2016, 03:12:07 PM
 #900

Why wouldn't I believe in fiat? Afterall this is the currency I use for my day to day expense and also I receive my salary in fiat. So most definitely I believe in fiat and I will continue doing so. Nothing seriously happened for that I have to stop believing fiat.

Bitcoin is an investment to me and nothing else. One thing I know that bitcoin investment will give me a much higher return than any other conventional investment available in the market. So I invest and store bitcoin. But fiat I use for my daily expenses. So I actually believe in both fiat and bitcoin.

.FORTUNE.JACK.
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