99% of the people still think that fiat money are better than crypto

[ralle14]

I was talking with a friend of mine about cryptocurrencies and he said:
"Cryptocurrencies are anonymous?Nothing on the internet is anonymous.Having a bunch of dollars or euro in the pocket is the most anonymous way to store money. "
Damn,now i think that he is right and fiat money are still way more convenient ,despite all the inflation,banks monopoly and control.From my personal experiense 99% of the people refuse to believe in bitcoin and refuse to adopt it in their daily life.Any opinions?

You can still hide your bitcoin transactions by mixing your coins. Also there's a good cryptocurrency called Monero for better anonymity.  Some people don't believe, others hate bitcoin and there are those who aren't interested with it sooner or later once bitcoin hits a bigger price in the future they'll surely regret what they've done.

Maybe they dont know yet what crypto currency is. I think bitcoin is better because even you store it on your wallet, its price increases while fiats are not, like what you said, it inflates.

The value of fiat increases too but not as fast as cryptocurrencies.

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[yamortsac]

I think it is right that fiat money is still better than crypto currencies since it is not yet known and use by all people and not yet accepted by all business establishment unlike fiat money. Though there are advantages in using crypto but there are also disadvantages. But I think it is much better not to compare the fiat and crypto currencies because they are all useful and it’s up to us which are we going to use

[ArIMy11]

I was talking with a friend of mine about cryptocurrencies and he said:
"Cryptocurrencies are anonymous?Nothing on the internet is anonymous.Having a bunch of dollars or euro in the pocket is the most anonymous way to store money. "
Damn,now i think that he is right and fiat money are still way more convenient ,despite all the inflation,banks monopoly and control.From my personal experiense 99% of the people refuse to believe in bitcoin and refuse to adopt it in their daily life.Any opinions?

99% ? Hhmm as of my experience it is down to 70% all over the world. Now that I am involve with bitcoin I am starting to discover numbers of people in our province that do, earn and beleive in bitcoin. But still those are only selected people. Mostly college students.Those who are engage in the internet.
I talk bitcoin with my family and they just look me with a blank face. Some of them remains idle some of them, contradicts me much prefer fiat. Then one time, I an watching television he was interviewed by one of the anchor then he said "bitcoin is just scam". I am not really sure if he knows other digital currencies but I think he does not know it.
Now in our public market, all vendors and store do not use or accept payment from ATMS, credit cards, etc. so they will also not accept bitcoin.

[mrcash02]

I was talking with a friend of mine about cryptocurrencies and he said:
"Cryptocurrencies are anonymous?Nothing on the internet is anonymous.Having a bunch of dollars or euro in the pocket is the most anonymous way to store money. "
Damn,now i think that he is right and fiat money are still way more convenient ,despite all the inflation,banks monopoly and control.From my personal experiense 99% of the people refuse to believe in bitcoin and refuse to adopt it in their daily life.Any opinions?

99% ? Hhmm as of my experience it is down to 70% all over the world. Now that I am involve with bitcoin I am starting to discover numbers of people in our province that do, earn and beleive in bitcoin. But still those are only selected people. Mostly college students.Those who are engage in the internet.
I talk bitcoin with my family and they just look me with a blank face. Some of them remains idle some of them, contradicts me much prefer fiat. Then one time, I an watching television he was interviewed by one of the anchor then he said "bitcoin is just scam". I am not really sure if he knows other digital currencies but I think he does not know it.
Now in our public market, all vendors and store do not use or accept payment from ATMS, credit cards, etc. so they will also not accept bitcoin.

Seems there are many Bitcoin's users concentrated where you live, because only less than 70% are refusing to use Bitcoins... I believe less than 2% of total population of the world uses Bitcoin, so isn't a surprise OP thinks 99% still prefer to use fiat instead of Crypto-Currency. If you have 30% or so of the people around you using Bitcoins you can already have a solid marketplace where people can deal among themselves with BTCs and grow their balances.  

[starblocks]

Has the value of that fiat increased much over the last few years? LOL

You're right though cryptos are still a very young technology but eventually they'll definitely gain more and more exposure as the market value increases

[Julia_bitcoin]

Yes, because the cryptocurrency is not established and is not supported by either states or non-governmental organizations.
Cryptocurrency depends only on how much they are ready to buy by the users themselves.

And many people prefer fiat money because they believe that this is reliable, there are no risks.

[shezu007]

Yes, because the cryptocurrency is not established and is not supported by either states or non-governmental organizations.
Cryptocurrency depends only on how much they are ready to buy by the users themselves.

And many people prefer fiat money because they believe that this is reliable, there are no risks.

there is a strong reason behind this because the crpto currencies are very high rated currencies and still there is very less or ignore able places where crypto currencies are acceptable as a payment so that is why more people will have choice of fiat money then crypto because they are easy to use.

[imamimam1234]

Everyone who has a bunch of bitcoins also use fiat money. but not everyone has a bunch of fiat money use bitcoin too. Why fiat money better because its quantity all over the country and globally been used since a long time ago. There's a lot that crypto have to do. CMIIW

[audrey12]

Of course many will agree that fiat is better than bitcoin because it has no limitations and legally accepted, you don't have to worry also that it may fluctuates in value and may suddenly goes down, these are some issues of bitcoin that if ever will be resolve can surely help bitcoin to become legal and accepted world wide but seeing how people use bitcoin in doing illegal stuff I don't think bitcoin can stay for a long period of time.

[adam1230]

Everybody needs cash thats why we have exchanges. Cash is more usefull for daily purposes but if you are planning to use money globally then crypto is the best option for large amounts.
So for daily usage cash is better.

[moooonu]

Has the value of that fiat increased much over the last few years? LOL

You're right though cryptos are still a very young technology but eventually they'll definitely gain more and more exposure as the market value increases

Fiat value isn't increased like cryptocurrencies but they are most safe secure than altcoins in the market. If you look into this news http://www.zerohedge.com/news/2017-11-07/ethereum-slides-after-coding-bug-freezes-wallets-containing-280-million.
That much of money can't be lost in real life if we change settings of hard wallet.

[bamboylee]

Cryptocurrency is still an emerging currency. It cannot replace any fiat immediate especially fiat has been in use for hundreds of years. You cannot change the custom of people immediately. It is not peculiar that most people will choose fiat over cryptocurrency. But, I think there will be time that bitcoin and other cryptocurrency will take over fiat.

[Visbay]

I was talking with a friend of mine about cryptocurrencies and he said:
"Cryptocurrencies are anonymous?Nothing on the internet is anonymous.Having a bunch of dollars or euro in the pocket is the most anonymous way to store money. "
Damn,now i think that he is right and fiat money are still way more convenient ,despite all the inflation,banks monopoly and control.From my personal experiense 99% of the people refuse to believe in bitcoin and refuse to adopt it in their daily life.Any opinions?

I think when we see the history of fiat and a crypto so I think there is a very big different in them everything need time to make a place in market and I think bitcoin is trying to do so but as far as I know about bitcoin it has already make a place in world and now it’s almost in many countries and people trust on it so I think bitcoin is different than other crypto.

[azguard]

Cryptocurrency is still an emerging currency. It cannot replace any fiat immediate especially fiat has been in use for hundreds of years. You cannot change the custom of people immediately. It is not peculiar that most people will choose fiat over cryptocurrency. But, I think there will be time that bitcoin and other cryptocurrency will take over fiat.

For something like that to be happening is really hard many are hopping that this will be revolution if comes to that. But still many rely on cash, and many are still very much into using paper money. They still are afraid of using crypto in any way, cuz many thing that this is something illegal or many scam or fraud.

Maybe if they see better potential and what cryptos are capable might change there mind but we are still far away from cryptos to change money system globally.

[Hamstead]

I think it is right that fiat money is still better than crypto currencies since it is not yet known and use by all people and not yet accepted by all business establishment unlike fiat money. Though there are advantages in using crypto but there are also disadvantages. But I think it is much better not to compare the fiat and crypto currencies because they are all useful and it’s up to us which are we going to use

Thats right, having both fiat and crypto currencies are playing a big role at this time. Both of them are making our life much better as compared before. Although some of us are not totally in crypto but I know in later part they will go for it. And knowing that crypto will keep doon great and any chances that it will be accepted by most and they probably used it.

[Mainman08]

Fiat is better than crypto because you can use it everywhere. But if bitcoin can be use offline too it will better to use than fiat.

[iram1011]

The general misconception in the mind of people about Bitcoin is that it is the currency of darkweb or is used in criminal activities. This what government and financial institution in many countries are propagating. Also cryptos are not regulated or controlled by government. Thus, majority of the global population who are into fiat are not able to understand and are not paying heed on this revolutionized form of currency. This will definitely gonna take a time. Cryptos own a better future.

[Siopao]

More people would probably choose fiat over bitcoin mainly because most of them ar not yet familiar with it. Due to ignorance and having no interest of knowing it they have this closed mindset that btc is a scam and wouldn't want to try it at all. Another thing ad the truth is fiat is very convenient to use and accpeted in all stores while.btc it has very limited use. Not knowing that thru bitcoin they can increase their financial capability and can gain more profit if they consider it as an investment. If those people would only get to know the many beneficial things that btc can do with their lives then that "closed mindset" bout btc would vansih and will turn as a btc users, like most of us here.

[Savemore]

I was talking with a friend of mine about cryptocurrencies and he said:
"Cryptocurrencies are anonymous?Nothing on the internet is anonymous.Having a bunch of dollars or euro in the pocket is the most anonymous way to store money. "
Damn,now i think that he is right and fiat money are still way more convenient ,despite all the inflation,banks monopoly and control.From my personal experiense 99% of the people refuse to believe in bitcoin and refuse to adopt it in their daily life.Any opinions?

It is because most of the people are still not aware to what is cryptocurrency or the digital currency. Bitcoin is still not popular in many places in the world. Like in my country, even the bitcoin is now legalize; many people are still don't have idea to what is bitcoin.

[Crafts12]

I was talking with a friend of mine about cryptocurrencies and he said:
"Cryptocurrencies are anonymous?Nothing on the internet is anonymous.Having a bunch of dollars or euro in the pocket is the most anonymous way to store money. "
Damn,now i think that he is right and fiat money are still way more convenient ,despite all the inflation,banks monopoly and control.From my personal experiense 99% of the people refuse to believe in bitcoin and refuse to adopt it in their daily life.Any opinions?

I suppose the reason why some people think fiat money is better than bitcoin is that, they have no idea about what is bitcoin or its capabilities. They dont want to know it and ignore all the things that you will say to them about bitcoin. Or maybe they have some experiences in bitcoin that make them realize that fiat money is better than bitcoin.