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Author Topic: Do you Still believe in Fiat?  (Read 75138 times)
Fatanut
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January 17, 2017, 07:15:01 AM
 #1041

Well for my opinion I still believe in Fiat I mean we have a proof that it works in our daily lives in every transaction that we made day by day,
And I think that cryptography currency can't replace it just because it is so popular this day's.
Yes all of us here believes in fiat because we can use it ij our daily lives but what if bitcoins will be recognized by your government? Will you still belive in fiat?
I will still believe in fiat even when the government has started recognizing bitcoins. There would be tons of people that are going to be interested in bitcoins at that point and most of them will be using bitcoins but one thing is for sure, bitcoins would not just 'shoo' fiat away. It's a long process before every single person start using bitcoins primarily.

There's digital divide going on right now in the world and pretty much that divides bitcoin users and fiat users as well. (Explanation: how can you use bitcoins if you can't even access a computer/smartphone/internet)

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January 17, 2017, 07:29:34 AM
 #1042

I did not used to be an anti-fiat since I got here, but as more and more news of banning cash come to my ears, I am starting to completely turn against this money. What I still like in fiat is that you can use bucks, but as soon as they will disappear, my love for fiat will do so.
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January 17, 2017, 07:35:09 AM
 #1043

I did not used to be an anti-fiat since I got here, but as more and more news of banning cash come to my ears, I am starting to completely turn against this money. What I still like in fiat is that you can use bucks, but as soon as they will disappear, my love for fiat will do so.

Well i can't see that coming in the next couple of years or even decades dude. We can use bitcoin or other crypto or even other types of currencies exclusively without fiat. It's even likelier than bitcoin may be banned or limited than fiat because large banks are running this currency. So i think what you said ia highly unlikely

 
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January 17, 2017, 10:42:39 AM
 #1044

I did not used to be an anti-fiat since I got here, but as more and more news of banning cash come to my ears, I am starting to completely turn against this money. What I still like in fiat is that you can use bucks, but as soon as they will disappear, my love for fiat will do so.

Well i can't see that coming in the next couple of years or even decades dude. We can use bitcoin or other crypto or even other types of currencies exclusively without fiat. It's even likelier than bitcoin may be banned or limited than fiat because large banks are running this currency. So i think what you said ia highly unlikely
If you are anti-fiat it means you hate the government, we have different experience based on the country we are living as there are government who are corrupt that does not serve the best interest of it's people. Even if I have that kind of feeling sometimes but I no choice since fiat is the only acceptable as a form of money that we can use to survive in our daily lives. Bitcoin is revolutionary but it cannot beat what government has made.

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January 17, 2017, 10:53:22 AM
 #1045

Well for my opinion I still believe in Fiat I mean we have a proof that it works in our daily lives in every transaction that we made day by day,
And I think that cryptography currency can't replace it just because it is so popular this day's.

Well I don't think we need proof of fiat's importance anymore as the global economy would pretty much crash if fiat lost it's value. It's very evident that the current system would still be the main currency we'll be using for the next decade or so as I think most of the economic projects laid out during our time would be fiat based. I don't think it's just about popularity but by necessity, I think we should all still believe in fiat

I fully agree with your opinion. Bitcoin is only an alternative currency, which has many advantages. But the government maintains Fiat. And so it will be a long time. At Fiat built the economy of each country

Bitcoin is an alternative which is found to be the best among all the digital currency that have been used worldwide. The above quote is agreeable that fiat is the one that builds and hold the economy of every country in a sustained range and focusing towards growth.

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Ipwich
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January 17, 2017, 11:33:35 AM
 #1046

Well for my opinion I still believe in Fiat I mean we have a proof that it works in our daily lives in every transaction that we made day by day,
And I think that cryptography currency can't replace it just because it is so popular this day's.

Well I don't think we need proof of fiat's importance anymore as the global economy would pretty much crash if fiat lost it's value. It's very evident that the current system would still be the main currency we'll be using for the next decade or so as I think most of the economic projects laid out during our time would be fiat based. I don't think it's just about popularity but by necessity, I think we should all still believe in fiat

I fully agree with your opinion. Bitcoin is only an alternative currency, which has many advantages. But the government maintains Fiat. And so it will be a long time. At Fiat built the economy of each country

Bitcoin is an alternative which is found to be the best among all the digital currency that have been used worldwide. The above quote is agreeable that fiat is the one that builds and hold the economy of every country in a sustained range and focusing towards growth.
It is obviously undeniable that through the existence of everything through economy ,consumers,investors and government rely on fiat.Fiat moves the world,without it what happen to almost everything,it's just a matter of understanding that fiat works on everything.

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January 17, 2017, 03:46:56 PM
 #1047

Well for my opinion I still believe in Fiat I mean we have a proof that it works in our daily lives in every transaction that we made day by day,
And I think that cryptography currency can't replace it just because it is so popular this day's.
Yes all of us here believes in fiat because we can use it ij our daily lives but what if bitcoins will be recognized by your government? Will you still belive in fiat?

Of course I will. Just because bitcoin is accepted by my country people does not mean it is the only possible method of transaction. Fiat has been used since ages and people are always accustomed to use it. Many people in my country are illiterate and dont use proper internet and smartphones. How can you expect them to use bitcoin unless they are willing to accept it?

Moreover people trust physical cash and not some cybercoin, so first impression of bitcoin to them is that its some scam attempt - so they always prefer fiat.

R


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January 17, 2017, 06:43:12 PM
 #1048

Well for my opinion I still believe in Fiat I mean we have a proof that it works in our daily lives in every transaction that we made day by day,
And I think that cryptography currency can't replace it just because it is so popular this day's.
Yes all of us here believes in fiat because we can use it ij our daily lives but what if bitcoins will be recognized by your government? Will you still belive in fiat?
Fiat is our regular uses currency and we can use Fiat as payment method for direct shopping and if bitcoin recognized by our government and they adopt the bitcoin in bank then we can be use bitcoin easily than Fiat.
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January 17, 2017, 08:09:27 PM
 #1049

Well for my opinion I still believe in Fiat I mean we have a proof that it works in our daily lives in every transaction that we made day by day,
And I think that cryptography currency can't replace it just because it is so popular this day's.
Yes all of us here believes in fiat because we can use it ij our daily lives but what if bitcoins will be recognized by your government? Will you still belive in fiat?
I use fiat because I do not have any choice since it is the only currency accepted in my country but that does not mean I believe in fiat, this system of a currency that you can print at will that is not backed by anything is going to end someday.

.
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January 17, 2017, 08:14:49 PM
 #1050

Well for my opinion I still believe in Fiat I mean we have a proof that it works in our daily lives in every transaction that we made day by day,
And I think that cryptography currency can't replace it just because it is so popular this day's.
the important thing is we are still dependent on fiat, even if you're a bitcoin users even today you still rely on fiat and is valuable wherever fiat. so I strongly believe in fiat

I also believe in fiat currency. It is used in everyday life and it is difficult to live without it. Bitcoin it still can not replace. He did not so much trust in people, and it does not approve of the government
actually we do not have any other option to believe on bitcoin. because there is not present any other crypto currency that can be use instead of bitcoin and fiat therefore i will always prefer bitcoin and will trust on it for every .

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January 17, 2017, 08:30:52 PM
 #1051

Debt based currency is a flawed system and I have absolutely no faith in it.
I would prefer a Commodity Based Currency any day.
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January 17, 2017, 11:06:29 PM
 #1052

Well for my opinion I still believe in Fiat I mean we have a proof that it works in our daily lives in every transaction that we made day by day,
And I think that cryptography currency can't replace it just because it is so popular this day's.
Yes all of us here believes in fiat because we can use it ij our daily lives but what if bitcoins will be recognized by your government? Will you still belive in fiat?
Fiat is our regular uses currency and we can use Fiat as payment method for direct shopping and if bitcoin recognized by our government and they adopt the bitcoin in bank then we can be use bitcoin easily than Fiat.
of course it is not possible, because of course it will threaten the lives of fiat itself. I believe in fiat. just as I believe in the government. because the government will surely give the best to their communities
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January 18, 2017, 10:04:10 AM
 #1053

Well for my opinion I still believe in Fiat I mean we have a proof that it works in our daily lives in every transaction that we made day by day,
And I think that cryptography currency can't replace it just because it is so popular this day's.
Yes all of us here believes in fiat because we can use it ij our daily lives but what if bitcoins will be recognized by your government? Will you still belive in fiat?
Fiat is our regular uses currency and we can use Fiat as payment method for direct shopping and if bitcoin recognized by our government and they adopt the bitcoin in bank then we can be use bitcoin easily than Fiat.
of course it is not possible, because of course it will threaten the lives of fiat itself. I believe in fiat. just as I believe in the government. because the government will surely give the best to their communities
Fiat from the start really exists and it evolves around the world and eventually man cannot move without it.It was use to everyday commodities and more than half of the world still use fiat.Yes,even the government rely on it as by their means to help those helpless individual in their country and mostly government abuse it by means of corruption.

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wxa7115
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January 18, 2017, 05:22:11 PM
 #1054

Debt based currency is a flawed system and I have absolutely no faith in it.
I would prefer a Commodity Based Currency any day.
I’m with you on this but the problem is people are too busy, or too happy or they just plain do not care their money is no different than monopoly money, just a pieces of paper that have not value at all, and even if they knew I doubt they will do something about it.

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ASHLIUSZ
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January 18, 2017, 05:55:00 PM
 #1055

Well for my opinion I still believe in Fiat I mean we have a proof that it works in our daily lives in every transaction that we made day by day,
And I think that cryptography currency can't replace it just because it is so popular this day's.
Yes all of us here believes in fiat because we can use it ij our daily lives but what if bitcoins will be recognized by your government? Will you still belive in fiat?
Fiat is our regular uses currency and we can use Fiat as payment method for direct shopping and if bitcoin recognized by our government and they adopt the bitcoin in bank then we can be use bitcoin easily than Fiat.
of course it is not possible, because of course it will threaten the lives of fiat itself. I believe in fiat. just as I believe in the government. because the government will surely give the best to their communities

Only very few country's government give the best to their communities or people. Most other government has a corrupt upper management. But for the purpose of every needs we are supposed to use fiat. So even if the government's were bad everyone is forced to use fiat.
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January 18, 2017, 06:06:59 PM
 #1056

Well for my opinion I still believe in Fiat I mean we have a proof that it works in our daily lives in every transaction that we made day by day,
And I think that cryptography currency can't replace it just because it is so popular this day's.
Yes all of us here believes in fiat because we can use it ij our daily lives but what if bitcoins will be recognized by your government? Will you still belive in fiat?
Fiat is our regular uses currency and we can use Fiat as payment method for direct shopping and if bitcoin recognized by our government and they adopt the bitcoin in bank then we can be use bitcoin easily than Fiat.
Banks and bitcoin system is pretty much different
However we cannot ignore fiat when bitcoin not yet used and adopted in mass
It's needed hundreds years for bitcoin to get completely established
So for now we have to believe in both , wasting time to explain to everyone that fiat is not worth to believe yeah they are too busy to thinking about it.
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January 18, 2017, 09:40:22 PM
 #1057

Well for my opinion I still believe in Fiat I mean we have a proof that it works in our daily lives in every transaction that we made day by day,
And I think that cryptography currency can't replace it just because it is so popular this day's.
Yes all of us here believes in fiat because we can use it ij our daily lives but what if bitcoins will be recognized by your government? Will you still belive in fiat?
Fiat is our regular uses currency and we can use Fiat as payment method for direct shopping and if bitcoin recognized by our government and they adopt the bitcoin in bank then we can be use bitcoin easily than Fiat.
of course it is not possible, because of course it will threaten the lives of fiat itself. I believe in fiat. just as I believe in the government. because the government will surely give the best to their communities
Fiat from the start really exists and it evolves around the world and eventually man cannot move without it.It was use to everyday commodities and more than half of the world still use fiat.Yes,even the government rely on it as by their means to help those helpless individual in their country and mostly government abuse it by means of corruption.
in fact currently we cannot stop believing fiat because we are using fiat as primary currency, still bitcoin is best for investment and as a currency we cannot use it as fiat and it cannot complete our all demand as it is not available in local stores everywhere. therefor we are still depending on fait and we are using bitcoin as optional, and mostly using it for online shopping and business.
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January 18, 2017, 10:31:55 PM
 #1058

Well for my opinion I still believe in Fiat I mean we have a proof that it works in our daily lives in every transaction that we made day by day,
And I think that cryptography currency can't replace it just because it is so popular this day's.
Yes all of us here believes in fiat because we can use it ij our daily lives but what if bitcoins will be recognized by your government? Will you still belive in fiat?

Of course I will. Just because bitcoin is accepted by my country people does not mean it is the only possible method of transaction. Fiat has been used since ages and people are always accustomed to use it. Many people in my country are illiterate and dont use proper internet and smartphones. How can you expect them to use bitcoin unless they are willing to accept it?

Moreover people trust physical cash and not some cybercoin, so first impression of bitcoin to them is that its some scam attempt - so they always prefer fiat.
I would like to say it again that bitcoin is an alternative payment which can not replace fiat money as every country have their own official legal currency to use in daily transaction.
Bitcoin may become more famous and often use in some regions or communities that accepted bitcoin payment.
Moreover in several years later when bitcoin demand has significant increases, the equality between btc and fiat in daily transaction may happen.
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January 18, 2017, 11:14:58 PM
 #1059

Well for my opinion I still believe in Fiat I mean we have a proof that it works in our daily lives in every transaction that we made day by day,
And I think that cryptography currency can't replace it just because it is so popular this day's.
the important thing is we are still dependent on fiat, even if you're a bitcoin users even today you still rely on fiat and is valuable wherever fiat. so I strongly believe in fiat

I also believe in fiat currency. It is used in everyday life and it is difficult to live without it. Bitcoin it still can not replace. He did not so much trust in people, and it does not approve of the government
actually we do not have any other option to believe on bitcoin. because there is not present any other crypto currency that can be use instead of bitcoin and fiat therefore i will always prefer bitcoin and will trust on it for every .
I think there are some other cryptocurrency similar like bitcoin, even nearly matching technology, but once again the trust of users towards bitcoin can not be purchased or directly to fade. I believe in bitcoin like to believe in fiat
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January 18, 2017, 11:18:12 PM
 #1060

Debt based currency is a flawed system and I have absolutely no faith in it.
I would prefer a Commodity Based Currency any day.
I couldn't agree more with the above quote and until discovering bitcoin like many i didn't have a clue how the fiat system actually worked, now i have looked into it i can't believe a system like that has been able to run for so long unchallenged.

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