Turning crypto into fiat or is that even nessesary anymore!

[WuGong]

If the cryptocurrency can be legalized, then it may have obvious advantages and disadvantages. First, it may develop faster and better because it is supported by the government, but its return on investment will be reduced. You can refer to stocks or futures!

[diger]

When the crypto and Fiat will stand together .For us there is no difference than paying someone to be the Fiat and who is the crypto (it's now cash or Bank card ) Forward revolution of the 21st century ,and we are members!

[tonlong]

When the crypto and Fiat will stand together .For us there is no difference than paying someone to be the Fiat and who is the crypto (it's now cash or Bank card ) Forward revolution of the 21st century ,and we are members!

When electronic money is transformed into a replacement for cash or bank cards for payment of utility services, we have a successful start of encryption technology .

[signaturecoin]

It is necessary when you want to pull out and lock your profits. The volatility in cryptocurrency makes it unsuitable as a 'store of funds'.
I pull out a percentage of my profits, and continue reading with the available capital.

The important thing to do is to secure your initial investment so that you can continue investing in the next time you will not be able to continue with the cryptocurrency market if you do not have the money. I think financial investment is a game for those who have enough knowledge and understanding of the crowd.

[badaovodich]

It is harder to make Bitcoin cash than thought, because the value of Bitcoin is too large and when converted to cash it will be worthless, if there is a Bitcoin coin we will be able to use.

[Sadlife]

Yes it's necessary because not most countries know about crypto currency or accept it as payment for goods and services like for instance in third world countries that's why it's necessary for crypto to be converted back to fiat to use it but if maybe if digital currency becomes mainstream globally then it would become a game changer and there's no need for conversion anymore.

[wendiar19]

yes you are right for now to convert cryptocurrency to fiat is not very important anymore because for now there will be more platforms that can receive cryptocurrency payments so that it can facilitate buyers who want to make cryptocurrency payments.

[pinoyden]

yes you are right for now to convert cryptocurrency to fiat is not very important anymore because for now there will be more platforms that can receive cryptocurrency payments so that it can facilitate buyers who want to make cryptocurrency payments.

converting crypto to fiat is still verry important because if you do not convert your crypto , there is a chance that the value of your cryptos will reduce due to the effects of volatility . not unless you did not really care about that but for most people like me , i will still prefer to convert my cryptos to fiats  more oftenly as soon as i already get my profit .  im also aware that there are now lots of platforms and merchants that are now accepting cryptocurrency in exchange for their goods and services which is also good to hear .

[traderethereum]

yes you are right for now to convert cryptocurrency to fiat is not very important anymore because for now there will be more platforms that can receive cryptocurrency payments so that it can facilitate buyers who want to make cryptocurrency payments.

I think it still important for me to convert crypto to fiat because I still need fiat to buy something and for another thing. but I use crypto for investment and so far, I can have my crypto in my wallet and I can convert my coin to fiat in the same time. maybe in your country, you don't have to convert crypto to fiat because there are third-party services that can help you when you want to buy something with your coins. but in here, I don't think that there are any services that can help me because my government still not giving any statement about the crypto.

[Showmethebtc]

I believe that most investors only care about the return on investment, they do not care whether the cryptocurrency can become a statutory coin! Conversely, if the cryptocurrency is legalized, its interest rate may be reduced!

[bitbunnny]

Cryptocurrencies and especialy Bitcoin in many countries have become more equal to fiat money then they were before but still they are not accepted enough. You just can't buy any goods or services that you want with crypto.
Some solution for that are Bitcoin debit cards that enable you to make payments not thinking if merchants are excepting direct crypto payments or not.
With better Bitcoin regulations some problems regarding payments might get better so I hope we will get more opportunities soon.

[RockBar0]

Yes it's necessary because not most countries know about crypto currency or accept it as payment for goods and services like for instance in third world countries that's why it's necessary for crypto to be converted back to fiat to use it but if maybe if digital currency becomes mainstream globally then it would become a game changer and there's no need for conversion anymore.

To do this depends on the country where they accept electronic money. Then check which units they have used to make electronic payments. Electronic cash replacement is not currently available. In fact, few use these transactions. And the future does not dare to assert it, but I hope it comes true.

[M7MMike]

I don’t think that it is the right thing to do and you cannot really depend on them.

[Marcel666]

Cryptocurrencies are still relatively new financial assets. And it has no stability right now.
In order to pull and lock your profits, you have to convert it to fiat.
The volatility in crypto makes it unfavorable as a store of value.

[diger]

Because it is the most easiest way to access offline and online businesses and merchants, and right now we are dealing with Bitcoins slow transactions and high fees issue. Now, how can you say that converting Bitcoin into fiat isnt necessary anymore? Are you sure that all your necessities can be bought with Bitcoin, coz in my country I cant, although there are few who accepts.

[FunGate]

How much I heard that the Master card agrees to the use of their cards in the field of cryptocurrency. I saw the news about this on July 17, 2018. So I think, in a short time with the withdrawal of the amount of cryptocoins to Fiat money, no problems.

Yeah but MasterCard is going to do something shady about it, I guarantee it. They'll probably turn it into some kind of banker's tool for borrowing money or something like that.

Yes it's necessary because not most countries know about crypto currency or accept it as payment for goods and services like for instance in third world countries that's why it's necessary for crypto to be converted back to fiat to use it but if maybe if digital currency becomes mainstream globally then it would become a game changer and there's no need for conversion anymore.

To do this depends on the country where they accept electronic money. Then check which units they have used to make electronic payments. Electronic cash replacement is not currently available. In fact, few use these transactions. And the future does not dare to assert it, but I hope it comes true.

That's why the USD is still being widely used. There's no really connection between these other currencies and crypto so most prefer to transact in USD or EUR. This is also the purpose of USDT, but I've heard that this tether has been manipulated in price at certain key moments

[greylandm]

It is totally your will and you can do it, if you wish to do it.

[Rajamuda]

Yes it's necessary because not most countries know about crypto currency or accept it as payment for goods and services like for instance in third world countries that's why it's necessary for crypto to be converted back to fiat to use it but if maybe if digital currency becomes mainstream globally then it would become a game changer and there's no need for conversion anymore.

Regarding acceptance, basically I think that there is still a chance that crypto can be more accepted in various countries, but maybe it's gradually from one country to another, and all indeed require a process from a variety of specific considerations from the governments of each country.
At this time about converting it to fiat or not.. it clear depends on each of them related to the country where they live, whether it was legalized or not yet about its role.

[ethereumyeahhh]

It is not really necessary, but if you want to do that then you can surely do that.

[poloollec]

It is not about the centralisation or decentralisation, it is more than that.