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Author Topic: Do you Still believe in Fiat?  (Read 75138 times)
lienfaye
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December 21, 2016, 12:18:03 PM
 #821

I think, Almost everyone  believe fiat and  believe in bitcoin. I think they are just the same Fiat for paying or buying something. car,house and another reply, And bitcoins for online things.
 
Majority of people are using fiat and there is no reason for me to not believe in fiat. Its the main currency that we use everyday for our needs transpo etc. i agree with you btc is for online things and fiat are for real world.

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December 21, 2016, 12:21:01 PM
 #822

I think, Almost everyone  believe fiat and  believe in bitcoin. I think they are just the same Fiat for paying or buying something. car,house and another reply, And bitcoins for online things.
 
Every one in this world has to believe in fiat and there is no option even if you dont want that.And bitcoins or any virtual currency is not close to fiat still as far as in the real world is concern.We all need fiat to survive and so we believe in it.
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December 21, 2016, 12:26:27 PM
 #823

I believe in fiat. I just don't believe that everything will stay the same as today. I think that soon all the currencies that we have today, all of them will move to crypto form and paper money will go in history.
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December 21, 2016, 01:00:35 PM
 #824

I will always believe in fiat, it has a big purpose in our economy. Fiat money and bitcoin is working now together to sustain our money needs so don't need to compare them. Well, we know they have their separate role but the important is they function very well.

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December 21, 2016, 01:37:16 PM
 #825

I will always believe in fiat, it has a big purpose in our economy. Fiat money and bitcoin is working now together to sustain our money needs so don't need to compare them. Well, we know they have their separate role but the important is they function very well.
Agree. Why wouldn't you believe in fiat anyway? Don't you ever use it? Both has same purpose and function, they are very important in our life, we can't live without them so it should not be an issue whether to believe it or not.
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December 21, 2016, 02:44:19 PM
 #826

I will always believe in fiat, it has a big purpose in our economy. Fiat money and bitcoin is working now together to sustain our money needs so don't need to compare them. Well, we know they have their separate role but the important is they function very well.
Agree. Why wouldn't you believe in fiat anyway? Don't you ever use it? Both has same purpose and function, they are very important in our life, we can't live without them so it should not be an issue whether to believe it or not.

Yeah i agree with what both of you said there. there's no need to favor one over the other as fiat and bitcoin should be working hand in hand together and at this time, fiat plays a lot more important role in society than any other form of currency that we have. so i also believe in fiat and i think fiat would still be the major form of currency that the world would be using in the coming several years more.

 
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December 21, 2016, 05:23:23 PM
 #827

Believing in FIAT is still a fundamental thing because as at today over here, there is no way I will spend my Bitcoin to get some basic things without first converting to FIAT and there is nothing I can do about it. As no ones know the future, probably when a position has been taken by government functionaries as I learnt discussions are ongoing then I can stop believing in Fiat.
No option for us but to believe in fiat, it is what we need to spend for our daily needs and wants, so without fiat we will not be able to buy anything and certainly we will not survive in this world. Bitcoin is only for investment.
We can use fiat and not believe in it at the same time, we have no option but to use fiat everyday because that is the way the world works but I have no doubt that at some point in the future I will be able to use mostly cryptocurrencies instead of fiat.

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December 21, 2016, 07:02:37 PM
 #828

I still believe in fiat only if the economy condition where that fiat comes from is healthy Roll Eyes
Even so, i only use paper money and only use banks when i really need it.

It is better to use the fiat as a currency, but do not belive in it.
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December 21, 2016, 09:57:36 PM
 #829

Fiat is still we need, this is to avoid speculation. Of course we will be confused if the price is always changing. The government must use fiat money to make stabil economic.

Of course we need it without the fiat we will have indeed no stable economy and it can than even collapse for sure.
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December 22, 2016, 02:48:34 AM
 #830

Fiat is still we need, this is to avoid speculation. Of course we will be confused if the price is always changing. The government must use fiat money to make stabil economic.

Of course we need it without the fiat we will have indeed no stable economy and it can than even collapse for sure.
We are too confident with bitcoin that comes to the point that we are ask if we still believe in fiat, lol.. It's non sense guys, we cannot say we do not believe in fiat when we are still using it for our daily lives.

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December 22, 2016, 03:42:31 AM
 #831

I'm sure people still believe in fiat, because we still use fiat for buying something in real life using fiat. Without fiat we can't buy shit. That's why people still believe in fiat, even the digital money come like bitcoin and paypal. Fiat will still survive.
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December 22, 2016, 04:53:09 AM
 #832

I'm sure people still believe in fiat, because we still use fiat for buying something in real life using fiat. Without fiat we can't buy shit. That's why people still believe in fiat, even the digital money come like bitcoin and paypal. Fiat will still survive.

That's a sure thing because if we are not going to believe fiat then what do you think is the medium that we need to use in able to survive for our daily lives for buying and selling the things that we need? Unless you are living in a jungle and you don't need fiat for surviving there then your faith in fiat will surely be gone.



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December 22, 2016, 03:46:32 PM
 #833

I'm sure people still believe in fiat, because we still use fiat for buying something in real life using fiat. Without fiat we can't buy shit. That's why people still believe in fiat, even the digital money come like bitcoin and paypal. Fiat will still survive.

That's a sure thing because if we are not going to believe fiat then what do you think is the medium that we need to use in able to survive for our daily lives for buying and selling the things that we need? Unless you are living in a jungle and you don't need fiat for surviving there then your faith in fiat will surely be gone.
We can never stop using fiat because it has been and will forever will be the payment method that everyone uses on the plant to exchange money in person, even if our society is relaying on internet and digital payment more and more, there will be the need for human interaction and that’s where the fiat comes in.
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December 22, 2016, 05:41:15 PM
 #834

Yes. I have to believe in it to an extent. Can't get by in the real world without it.
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December 22, 2016, 07:35:24 PM
 #835

I still believe in fiat only if the economy condition where that fiat comes from is healthy Roll Eyes
Even so, i only use paper money and only use banks when i really need it.
Then you don't believe in any fiat, right? Since most of the world economies are in serious problems with soaring debt and no hope of repaying it any time soon and the stock markets are nothing more than manipulated and inflated markets.

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December 22, 2016, 09:27:45 PM
 #836

I'm sure people still believe in fiat, because we still use fiat for buying something in real life using fiat. Without fiat we can't buy shit. That's why people still believe in fiat, even the digital money come like bitcoin and paypal. Fiat will still survive.

That's a sure thing because if we are not going to believe fiat then what do you think is the medium that we need to use in able to survive for our daily lives for buying and selling the things that we need? Unless you are living in a jungle and you don't need fiat for surviving there then your faith in fiat will surely be gone.

However technology gets to move forward with updates and developments fiat continue to be used by at least a small group of people at some corner of the world. In my view fiat is the basis for financial system, so replacing or quitting its use is not at all possible. Till money is valued fiat will be valued.

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December 22, 2016, 10:56:02 PM
 #837

I think they are just the same Fiat for paying or buying something. car,house and another reply, And bitcoins for online things. for now  I believe Fiat and Bitcoin.
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December 22, 2016, 11:00:49 PM
 #838

I'm sure people still believe in fiat, because we still use fiat for buying something in real life using fiat. Without fiat we can't buy shit. That's why people still believe in fiat, even the digital money come like bitcoin and paypal. Fiat will still survive.

That's a sure thing because if we are not going to believe fiat then what do you think is the medium that we need to use in able to survive for our daily lives for buying and selling the things that we need? Unless you are living in a jungle and you don't need fiat for surviving there then your faith in fiat will surely be gone.
We can never stop using fiat because it has been and will forever will be the payment method that everyone uses on the plant to exchange money in person, even if our society is relaying on internet and digital payment more and more, there will be the need for human interaction and that’s where the fiat comes in.
although fiat is the fundamental currency using by almost all the people of the world, but i think if all the people of the world start using bitcoin, as it can be possible in future then fiat will become useless and all the people will start using bitcoin.

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December 22, 2016, 11:48:35 PM
 #839

Yes I still believe in the fiat to be honest because its stays needed and why would I even not believe in it, I think that there is nothing wrong with doing that...
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December 23, 2016, 01:37:55 AM
 #840

I'm sure people still believe in fiat, because we still use fiat for buying something in real life using fiat. Without fiat we can't buy shit. That's why people still believe in fiat, even the digital money come like bitcoin and paypal. Fiat will still survive.

That's a sure thing because if we are not going to believe fiat then what do you think is the medium that we need to use in able to survive for our daily lives for buying and selling the things that we need? Unless you are living in a jungle and you don't need fiat for surviving there then your faith in fiat will surely be gone.
We can never stop using fiat because it has been and will forever will be the payment method that everyone uses on the plant to exchange money in person, even if our society is relaying on internet and digital payment more and more, there will be the need for human interaction and that’s where the fiat comes in.
although fiat is the fundamental currency using by almost all the people of the world, but i think if all the people of the world start using bitcoin, as it can be possible in future then fiat will become useless and all the people will start using bitcoin.


Just like monnt said, we can never stop using fiat and even all of us are all using bitcoin still the government is the one that needs to be followed by its citizen. And I'm sure that government is not going to totally surrender all the money system to bitcoin as it is uncontrollable and they don't have the authority to reproduce it if they want to.



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