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

[YinShuiSiYuan]

With so many bad news, governments and banks warning against cryptocurrencies, people think that this is something bad. Most people do not have basic knowledge about it, so they are afraid of cryptocurrencies.

[popolite11]

I'd say just give it time; comparing from the past years there had been a huge jump on individuals having knowledge regarding bitcoin. we are all used to using fiat and tangible money for our daily transactions but as soon as more and more people get versed about the benefits of cryptocurrencies I do think in the next years or so using Bitcoin would be just as common and accepted as fiat money is now.

Yes, people just need more time to implement the crypto currency into their lives and benefit. Now people still doubt that in many countries it is not accepted

[Spifo]

I think people are just used to Fiat money. And when around cryptocurrencies such misinformation on mass media, they simply are afraid even to get into this subject. But you know, it's like a cell phone for some old people. And those who believe and see the benefits of cryptocurrencies, immerse the world in this topic. It just takes time. The world is a big machine.

[Ashimwe]

At this moment, i think they are right, fiat money are better than crypto and are still way to volatile for everyone to keep their money  their, wonder if someone had saved money in crypto late 2017 meant for it's purpose right now, would be bad for them, in a long term crypto shall win but fiat is currently better for inexperienced people to save their money

[budz0425]

At this moment, i think they are right, fiat money are better than crypto and are still way to volatile for everyone to keep their money  their, wonder if someone had saved money in crypto late 2017 meant for it's purpose right now, would be bad for them, in a long term crypto shall win but fiat is currently better for inexperienced people to save their money

I agree with you, still we cannot blame people if they are going to prefer and still choose fiat over bitcoin as bitcoin is almost widely acceptable now in some countries but still they don't want this bitcoin as a replacement to fiat.

[websoftwareengineer]

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?

Bitcoins and fiat are convenient in a different way because they are useful on physically and virtually depending on your needs. Bitcoin is also good for a long term investment because the price in the market is increasing depending on the amount of people who are investing in the market that makes the volume of an exchanger increase.

[niz3r_nade]

can be people do not want to invest and do not want to receive bitcoin because they are less knowledge about bitcoin. they feel it's unbelievable, actually if they want to bet and try their fate here, I'm sure this bitcoin is a great opportunity to make money.

[KingFisher9]

All things thought of, we tend to ar in our current reality wherever in cryptographical cash is not however utterly welcome all over throughout the planet notably Central banks that they apprehend the price of digital types of cash is controlled by monumental whales, however at a similar time thanks to the strength of bitcoin several people have gotten intrigued by it thanks to the method that at some point it may well be 1,000,000 dollar value.

[goku1525]

All things thought of, we tend to ar in our current reality wherever in cryptographical cash is not however utterly welcome all over throughout the planet notably Central banks that they apprehend the price of digital types of cash is controlled by monumental whales, however at a similar time thanks to the strength of bitcoin several people have gotten intrigued by it thanks to the method that at some point it may well be 1,000,000 dollar value.

If they try to involve in the blockchain technology or kind of investment here on bitcoin probably people are gaining huge moneys. Definitely, people are choosing fiat money because it is widely accepted by governments in all over the world. But in several, bitcoin is the most powerful coin that has potential to grow our money .For me, crypto is much better than fiat money because it has a big impact in our life and can contribute in our economy in terms of financial problem.

[TrumpD]

Only makes sense that a lot of people will think this way. Fiat money has been around for decades, it is what they are used to, and what they know has worked all this time. Now considering how volatile the crypto market has been recently, they would have an even stronger point. Crypto is going to take time, much more longer than we want, we just have to be patient for it.

[cramcram21]

I am pretty sure that it isn't 99% but I assume that it is really is still a high rate compared to the people who think that crypto currency is much more better.
We all know that there is more than 1% of the people all over the world who is already using crypto currency and I think they also think that it is much more better than fiat.

[yonjitsu]

I think it make sense because we can't deny that there is disadvantages in cryptocurrency. I am thinking that if only this downside is addressed, maybe it's not hard for us to replace crypto since we all know that we can't use cryptos when we are offline.

[stayeduptolate]

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’s true that bitcoin price hasn’t increased a lot which states that bitcoin demand is very high among people and it has gained a huge amount of popularity and users throughout the world but still I do believe that bitcoin will not be able to replace fiat currency because firstly, fiat currency is way more popular than bitcoin and has way more users than bitcoins. Then fiat currency is accepted everywhere whereas bitcoin is not accepted everywhere around the world.

[ArnoldChippy]

Only makes sense that a lot of people will think this way. Fiat money has been around for decades, it is what they are used to, and what they know has worked all this time. Now considering how volatile the crypto market has been recently, they would have an even stronger point. Crypto is going to take time, much more longer than we want, we just have to be patient for it.

Fiat currency is present for decades and it is really difficult to believe on such currency which we never practice, and do not have any physical existence. I think first they need to learn about bitcoin and then should use it for online shopping and then they will get confident to start using bitcoin instead of fiat currency. But i think that it will take a lot of time because people do not get satisfaction so soon.

[Mihaylovic]

It depends. Fiat money is the one that you can use in easiest way.crypto currencies are still very new to adapt existing world. They are slow and have high fees. But they will start to dominate futures financial system.

[beej]

can be people do not want to invest and do not want to receive bitcoin because they are less knowledge about bitcoin. they feel it's unbelievable, actually if they want to bet and try their fate here, I'm sure this bitcoin is a great opportunity to make money.

I think the statistics aren't quite accurate enough on it, But I believe that mostly and plenty
still think that fiat is more relevant than cryptocurrency. Don't get me wrong because I too
believe in crypto, I'm into deep with it. But with the current dips we have and unsatisfactory
market conditions, fiat does seem relevant because no matter how bad the crisis may be
fiat seems to stay. We all know and some may not agree, but the point is crypto does and
will always rely with fiat, we compare and convert them most of the time to the actual
value in real money. Maybe when crypto does well and the market recovers, people will
favor it more better. Hopefully.

[awik p]

that thing i think because fiat money has been  passed by government, so there is no reason to not believe it and risk of bitcoin losses must borne alone, so many people not dare to take this speculation

[Biggapp]

All things thought of, we tend to ar in our current reality wherever in cryptographical cash is not however utterly welcome all over throughout the planet notably Central banks that they apprehend the price of digital types of cash is controlled by monumental whales, however at a similar time thanks to the strength of bitcoin several people have gotten intrigued by it thanks to the method that at some point it may well be 1,000,000 dollar value.

If they try to involve in the blockchain technology or kind of investment here on bitcoin probably people are gaining huge moneys. Definitely, people are choosing fiat money because it is widely accepted by governments in all over the world. But in several, bitcoin is the most powerful coin that has potential to grow our money .For me, crypto is much better than fiat money because it has a big impact in our life and can contribute in our economy in terms of financial problem.

The biggest hurdle in the path of crypto currencies is government. Once they will legalize bitcoin and altcoins, people will be supporting crypto currencies more. Not only this but then many businesses would also accept crypto coins as payment. Governments will never accept bitcoin because it is a threat to their power. However, they can’t stop anyone from buying bitcoin and sooner or later, they will have to accept bitcoin. Most probably, all countries will introduce their own digital coins.

[Rubble898zaitO]

I guess your friend's got a point. What we do need to understand though is that not too many people do have access to crypto's and even if they do, they're not quite sure what to do with it or even to get into it at all. With the way things are, fiat is still our main mean of transactions and I don't see that changing for now. Taking a few steps back, when your friend said that nothing on the internet is anonymous makes me think that to some extent, he could be right. However, we need to look beyond that and see that what crypto's anonymity can offer would be through transactions. Say you gas up, you get a receipt. Eat at restaurants or even by at a convenience store, you get receipts. Along with those receipts, you pay taxes. So even with fiat, there's a chance that you can still be identified. Fiat or crypto's, there will always be ups and downs, pros and cons.

[hangar18]

All things thought of, we tend to ar in our current reality wherever in cryptographical cash is not however utterly welcome all over throughout the planet notably Central banks that they apprehend the price of digital types of cash is controlled by monumental whales, however at a similar time thanks to the strength of bitcoin several people have gotten intrigued by it thanks to the method that at some point it may well be 1,000,000 dollar value.

If they try to involve in the blockchain technology or kind of investment here on bitcoin probably people are gaining huge moneys. Definitely, people are choosing fiat money because it is widely accepted by governments in all over the world. But in several, bitcoin is the most powerful coin that has potential to grow our money .For me, crypto is much better than fiat money because it has a big impact in our life and can contribute in our economy in terms of financial problem.

The biggest hurdle in the path of crypto currencies is government. Once they will legalize bitcoin and altcoins, people will be supporting crypto currencies more. Not only this but then many businesses would also accept crypto coins as payment. Governments will never accept bitcoin because it is a threat to their power. However, they can’t stop anyone from buying bitcoin and sooner or later, they will have to accept bitcoin. Most probably, all countries will introduce their own digital coins.

I do not agree your opinion, because the government have accepted Bitcoin and cryptocurrency are legally on many countries. Korean, Japanese, United States, some countries from E.U are accepted to use Bitcoin as stock for investment or payment method (Japan). It proved your opinion "the government never accept cryptocurrency is legally" is wrong.