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Author Topic: Do you Still believe in Fiat?  (Read 75138 times)
Bitcoinpro (OP)
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March 20, 2016, 09:44:23 PM
 #1

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

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The Sceptical Chymist
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March 20, 2016, 09:48:04 PM
 #2

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.

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chopstick
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March 20, 2016, 09:49:54 PM
 #3

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.

Bitcoinpro (OP)
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March 20, 2016, 09:52:09 PM
 #4

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.

love the way u alt fools jump into an un moderated thread

when u know ur garbage cant be deleted,

you obviously belive in fiat and i wonder which condition

you meet in my opening post,

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Slowturtleinc
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March 20, 2016, 09:53:36 PM
 #5

I find it interesting that here in Canada we are creating a new bill with the Queen on it. When she dies we will have to replace all of the currency again,seems like a waste of money to create a new bill right before she kicks it.

Think the argument should be do you believe you are a slave? We go to school,we get a job,we retire if we are lucky,we die!
So groomed for slavery,enter slavery,put out to pasture,manure!
All because we buy into a money monoply.

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Bitcoinpro (OP)
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March 20, 2016, 09:54:50 PM
 #6

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,

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March 20, 2016, 10:05:34 PM
 #7

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


Maybe you hate the fiat but you are 'forced' to use it every day because others do not accept bitcoins, hate or love fiat you will use it for a long time. I use both fiat and bitcoin depending on the deal and depending on the seller or buyer if accepts bitcoin or not.
Bitcoinpro (OP)
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March 20, 2016, 10:06:09 PM
 #8

I find it interesting that here in Canada we are creating a new bill with the Queen on it. When she dies we will have to replace all of the currency again,seems like a waste of money to create a new bill right before she kicks it.

Think the argument should be do you believe you are a slave? We go to school,we get a job,we retire if we are lucky,we die!
So groomed for slavery,enter slavery,put out to pasture,manure!
All because we buy into a money monoply.

it was forced onto us, i still understand the how and why

and those who where privaledged enough to benefit

from this system need to understand the new better

system is already here and its hashes cannot be

reversed, they should be wary of trying to hold too many

assets,

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March 20, 2016, 10:07:26 PM
 #9

Yes it helps to buy coins Wink

Bitcoinpro (OP)
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March 20, 2016, 10:10:51 PM
 #10

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


Maybe you hate the fiat but you are 'forced' to use it every day because others do not accept bitcoins, hate or love fiat you will use it for a long time. I use both fiat and bitcoin depending on the deal and depending on the seller or buyer if accepts bitcoin or not.

the hate term was too strong, the system has reached its end, computer calculated

hashes is the new padagim, you have to save ur own people from being conquered by

new systems, its a survival instinct,

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March 20, 2016, 10:26:20 PM
 #11

for the time being belliving in the fiat is a must because all peple deal in fiat and first we need to get people to use bitcoin first then by the time we will see fiat dissappeering slowly
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March 20, 2016, 10:31:01 PM
 #12

I use fiat just to get through the day, and buy what I can buy or can't be bothered to buy with Bitcoin.

Truthfully, I would rather break off from the current system and start my own country simply because of the instability of fiat. Build it around cryptos. Make sure that there is more to people's lives other than being stuck in an everlasting loop of debt.
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March 20, 2016, 10:38:08 PM
 #13

I don't really believe into fiat like I do with Bitcoin, especially now that the Euro is getting shittier year after year, but I just need it to pay my bills and daily needs. Also, my retirement account is also fiat related. There is no way I can possibly change that.
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March 20, 2016, 10:42:29 PM
 #14

After discovering cryptocurrencies and the blockchain, I do not believe and will never believe in fiat ever again and I consider people who go from cryptocurrencies to fiat out of their minds.
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March 20, 2016, 10:46:06 PM
 #15

I have to believe in it and use it because how else am I going to pay my water, heating and electricity bills?
The government does not accept bitcoin as a form of payment. And I don't believe they ever will because of legality reasons.

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March 20, 2016, 11:08:19 PM
 #16

Has an ex-forex-trader i may say that fiat sucks,the banks act when they wanna the market can be loosing 5% when banks comes they make that into 3% gains killing your short order instant.I believe the current system of fee colected by each country are being wasted with politicians having fun with those funds.I understand that is need taxes but if they were used properly we would be facing financial problems,even China has their big machine almost frozen,production stucked because others cant buy the things now.
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March 20, 2016, 11:13:13 PM
 #17

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.

Yes, it is true that fiat is still the basis of the current economic system, but the past global crises had taught us to lose confidence in the current system, and it has strengthened our alternate ecosystem based on cryptocurrencies. Yes, fiat exist, but the mere fact of its existence does not make it reliable at all.
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March 20, 2016, 11:23:24 PM
 #18

After discovering cryptocurrencies and the blockchain, I do not believe and will never believe in fiat ever again and I consider people who go from cryptocurrencies to fiat out of their minds.

Same here. I am full into Bitcoin as being the best possible current and future currency. That's why I buy a certain amount of Bitcoin every month. I will continue to do this as I want to have the major part of my wealth in Bitcoin at some point in the future.
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March 21, 2016, 01:20:30 AM
 #19

Why you not believe in fiat ? I think everyone believe in fiat as believe in bitcoin. It's same imo, currency for paying or buying something. And bitcoins for online things.
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March 21, 2016, 06:40:19 AM
 #20

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.

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