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Author Topic: how to implement a change from a currency fiat to a cryptocurrency  (Read 731 times)
jonval21
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September 08, 2017, 02:41:56 AM
 #1

I was thinking about the possibility that a country can implement a change in its current currency fiat to a cryptocurrency the question is what is the best way to make this change ?
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September 08, 2017, 06:40:23 AM
 #2

Find somebody who has Bitcoins in your area (localbitcoins might help), give him the fiat money and he sends Bitcoins to your wallet. Pretty easy.

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susila_bai
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September 08, 2017, 06:50:24 AM
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Find somebody who has Bitcoins in your area (localbitcoins might help), give him the fiat money and he sends Bitcoins to your wallet. Pretty easy.

You are a legendary member and replying like a immature, without reading the OP comment just like that commented , it shows that account selling is in peak.

OP for implementing change of fiat currency to cryptocurrency of a country cannot be happen immediately, It has to take time as lot of procedures and other formalities are their , as currently all affairs of the country are running in fiat currency so to change it will take time and first have to test the change and clear the all problems. So it is not possible in a day or two.

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September 08, 2017, 07:05:55 AM
 #4

Find somebody who has Bitcoins in your area (localbitcoins might help), give him the fiat money and he sends Bitcoins to your wallet. Pretty easy.

You are a legendary member and replying like a immature, without reading the OP comment just like that commented , it shows that account selling is in peak.

OP for implementing change of fiat currency to cryptocurrency of a country cannot be happen immediately, It has to take time as lot of procedures and other formalities are their , as currently all affairs of the country are running in fiat currency so to change it will take time and first have to test the change and clear the all problems. So it is not possible in a day or two.

I never sold or bought an account and I probably never will.

To me OP wanted to know 'How to change a fiat currency to a cryptocurrency in a Country', which is absolutely clear for me. Question answered.

If OP really wanted to know if Bitcoin one day could replace fiat, he could have asked that, or he could use the search function and join one of the dozents of topics, where exactly this question has been discussed throughoutly:

Will bitcoin replace today's fiat? What are the advantages / disadvantages?
https://bitcointalk.org/index.php?topic=130544.0

Will Bitcoin be replaced by another cryptocurrency?
https://bitcointalk.org/index.php?topic=1502768.0

OP could also use Google, which brings up hundreds of discussions about the same topic.

Bitcoin is not a bubble, it's the pin!
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susila_bai
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September 08, 2017, 07:38:09 AM
 #5

I was thinking about the possibility that a country can implement a change in its current currency fiat to a cryptocurrency the question is what is the best way to make this change ?

Just read the highlighted message where the OP clearly giving hint of that he asking that possibility that a country can IMPLEMENT a change in its current currency fiat to a CRYPTOCURRENCY, What does it means then. and you are still arguing that your comment was correct on the topic

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September 08, 2017, 07:51:44 AM
 #6

I was thinking about the possibility that a country can implement a change in its current currency fiat to a cryptocurrency the question is what is the best way to make this change ?

Just read the highlighted message where the OP clearly giving hint of that he asking that possibility that a country can IMPLEMENT a change in its current currency fiat to a CRYPTOCURRENCY, What does it means then. and you are still arguing that your comment was correct on the topic

I thought there was no need to read the same question again. Title has clearly asked 'how to change fiat to crypto' and my answer was correct.

Bitcoin is not a bubble, it's the pin!
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Oroplata
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September 08, 2017, 01:15:49 PM
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Every country has a different form of government. In my country a legislative concession is a better way for implementing changes in the current form of currency.
jonval21
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September 08, 2017, 08:23:16 PM
 #8

I was thinking about the possibility that a country can implement a change in its current currency fiat to a cryptocurrency the question is what is the best way to make this change ?

Just read the highlighted message where the OP clearly giving hint of that he asking that possibility that a country can IMPLEMENT a change in its current currency fiat to a CRYPTOCURRENCY, What does it means then. and you are still arguing that your comment was correct on the topic

I thought there was no need to read the same question again. Title has clearly asked 'how to change fiat to crypto' and my answer was correct.

sorry the missunderstanding the question must be how a country can implement a change in its current currency in this case fiat to a cryptocurrency
susila_bai
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September 09, 2017, 07:18:21 AM
 #9

I was thinking about the possibility that a country can implement a change in its current currency fiat to a cryptocurrency the question is what is the best way to make this change ?

Just read the highlighted message where the OP clearly giving hint of that he asking that possibility that a country can IMPLEMENT a change in its current currency fiat to a CRYPTOCURRENCY, What does it means then. and you are still arguing that your comment was correct on the topic

I thought there was no need to read the same question again. Title has clearly asked 'how to change fiat to crypto' and my answer was correct.

sorry the missunderstanding the question must be how a country can implement a change in its current currency in this case fiat to a cryptocurrency

So it means that he only read the thread title and started to comment but did not read the comment of the OP. Now that you have cleared that your intention were what you had commented and what i had replied is correct.

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September 09, 2017, 07:35:10 AM
 #10

I was thinking about the possibility that a country can implement a change in its current currency fiat to a cryptocurrency the question is what is the best way to make this change ?

Just read the highlighted message where the OP clearly giving hint of that he asking that possibility that a country can IMPLEMENT a change in its current currency fiat to a CRYPTOCURRENCY, What does it means then. and you are still arguing that your comment was correct on the topic

I thought there was no need to read the same question again. Title has clearly asked 'how to change fiat to crypto' and my answer was correct.

sorry the missunderstanding the question must be how a country can implement a change in its current currency in this case fiat to a cryptocurrency

I didn't misunderstand, but you asked a different question in your title, than in your posting.

Bitcoin is not a bubble, it's the pin!
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Loveydovey04
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September 10, 2017, 06:56:35 PM
 #11

I was thinking about the possibility that a country can implement a change in its current currency fiat to a cryptocurrency the question is what is the best way to make this change ?
I was thinking about the possibility that a country can implement a change in its current currency fiat to a cryptocurrency the question is what is the best way to make this change ?
You mean changing a local currency of a certain country into a cryptocurrency? It has to start with their law. Their constitution no? It is like changing a nations local currency into something new. The old money that people holds has to be surrendered in the banks to be changed in to a new currency or else they are going to forfeit all their holdings.

jonval21
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September 11, 2017, 02:33:35 PM
 #12

I was thinking about the possibility that a country can implement a change in its current currency fiat to a cryptocurrency the question is what is the best way to make this change ?
I was thinking about the possibility that a country can implement a change in its current currency fiat to a cryptocurrency the question is what is the best way to make this change ?
You mean changing a local currency of a certain country into a cryptocurrency? It has to start with their law. Their constitution no? It is like changing a nations local currency into something new. The old money that people holds has to be surrendered in the banks to be changed in to a new currency or else they are going to forfeit all their holdings.

yeah the idea is to change actual fiat currency into a cryptocurrency, changing what ever it takes. the law and constitution must be changed of course.


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