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

[Argoo]

This is because the infrastructure for crypto currency is still very poorly developed and bitcoin does not yet have the capabilities that would enable it to use it as a means of payment for everyday purchases. When he acquires these opportunities and they can be paid directly for goods and services at any outlets, the situation will change. Financial relations do not like haste, the introduction of crypto currency is a very complex and lengthy process.

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[Roboabhishek]

And where are the statistics or graphs showing this? lol, it seems like a blind guess to me.
If you take me as an example then I would say crypto is better and according to you the other 99 people will say they prefer fiat over crypto, bs.

[Zandro]

Because people are get to used fiat in their life this past 20 years or more and we can't blame them for not accepting crypto into their life, but our part as investors, traders, and contributors we are to spread about this cryptocurrency to everyone little by little as some will try to slowly accept and embrace it, don't rush them and don't try to tamper their belief as for the moment because it will create conflict.



Jeremiah 29:11

[GunsLair]

It's not the case that people think that fiat money is better they are just accustomed to this money and people are comfortable using them. If only bitcoin was also available as a fiat money people would be accustomed to it as they used to plastic cards in their time.

[ngano ba]

This might be true that 99% of the people still think that fiat money are better than crypto because fiat money is still the accustomed of many people around world , even the popularity of bitcoin in the digital world but outside , bitcoin is not known yet by all people especially

[laracastvue]

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?

They are only thinking about physical cash or fiat because they did not really know about cryptocurrency but when the time comes that all of the country are using bitcoins then they will all decide to do the same thing since it was more profitable.

[NowYouAreSee]

And this is a fair statement. If you turn to history, then before people just changed things for things. Then they began to change things to salt or animal skins. In the United States, for example, paper money appeared in 1861. The reason is simple, silver and gold simply did not suffice at all. Do you think people easily abandoned iron money in favor of paper money?
Then came up with plastic cards. And again the people were distrustful of them, but how many of them were there? Crypto currency is just another stage of money change and it is inevitable. And people will get used to this very soon.

[fokinflor]

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?

Yes, and that 99% is missing on the huge opportunity that bitcoin offers. It is actually good for you, we need not convince everyone to invest in crypto.

[Mr_Devin]

I think it's true that 99% consider paper money better than crypto. Because many people still do not know what a crypto is, but if they want to learn about cryptocurrency they will know that trading with crypto money will be easier not to carry a lot of paper money in pockets or wallets.

[Spaffin]

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?

Partly your friend is right. Kryptovpljuta, with the exception of monero and some others, is not completely anonymous. In addition, now will begin mass regulation of the crypto currency by various states and such regulation will, as a rule, include the duty of identifying the individual when making transactions with the crypto currency on exchanges and exchangers. Thus, the anonymity of the crypto currency will be rather arbitrary. Therefore, the Crypto currency is good for making money, partly for storage, but it is advisable to output it to fiat and spend it in fiat.

[zoomzoom]

Nothing or anything can be anonymous, it depends on your attention to detail and care. I don't quite see how that makes something better or worse though.. I use fiat more.. obviously, but I much prefer, and in fact love crptocurrency

[4abrec]

I agree. This trend will continue for at least the next few years. I hope that this will come to an end soon, but judging by the way many countries treat this, it will not happen yet.

[Ulan01]

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?

unfortunately your friend is right. for convenience and peace of money, I still think the same with your friends. by storing in our fiat it is easier to use it in that day and we do not need to be haunted by the fear of losing. but I also think it will not develop, because every time it is always eroded by usage. and better keep it in second stability.

[kyucryp]

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 agree with you. cryptocurrency has given us many benefits but I still prefer fiat money from crypto coins. because fiat money looks real can be held and felt while cryptocurrency can only be seen on our laptop or mobile phone. then it will be simpler and easier to use fiat money for a day's shopping. I like cryptocurrency for investment not for as a means of payment.

[shoaibmahar]

Actually lack of knowledge and awareness,Bitcoin popularity increasing and one day will Bitcoin used commonly.

[Flor1982]

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?

Count me in as part of those 99% because I strongly believed also that fiat currency is better than Crypto currencies specially Bitcoin currency in talking of spending. This is due to fiat currency is the most conveniently way to use for our everyday spending unlike Bitcoin in which we need the power on internet in every transaction and also we need to wait blockchain confirmation before the successful spending. This is very far away much inconvenient than fiat paper users in which even children can use the paper money instantly.

[RuslanDua]

in fact, it will not be long. Well, not 99% of course I think that Fiat is better, people do not want to change just their foundations in the sphere of what they do not understand, not Blockchain itself and all the crypto-currencies. Previously, people also perceived only cash, but after all, there were cards and staff likel that. so I think people just need time and introduction to the masses.

[Al Amin]

I also think that way, that paper money is better than crypto. The reason is because my country does not accept payment using crypto. So paper money looks better than crypto.

[imking]

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?

Yes, most of the people know what paper money is. If we compare the paper money and fiat, the paper money is most popular. I must prefer to use the paper money because that is the universal all the store and restaurant and hotel mostly accept the paper money more than the crypto. But it comes on the advantages and benefits the bitcoin is one can provide it. People are getting interested in the bitcoin because of it.

[jaysabi]

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?

Count me in as part of those 99% because I strongly believed also that fiat currency is better than Crypto currencies specially Bitcoin currency in talking of spending. This is due to fiat currency is the most conveniently way to use for our everyday spending unlike Bitcoin in which we need the power on internet in every transaction and also we need to wait blockchain confirmation before the successful spending. This is very far away much inconvenient than fiat paper users in which even children can use the paper money instantly.

Not to mention that deflationary currencies have been tried and abandoned because they're a harbinger of death for an economy. We've had a deflationary currency before and it wasn't particularly good for the economy (see the Gold Standard and the reasons it was abandoned). Among the worst attributes of a deflationary currency is that they disincentivize economic activity because people either can (or believe they can) become richer by holding money. Less economic activity makes the economy weaker and the participants poorer, thus negating any value the currency would gain by being deflationary.  A currency only gains value when the goods and services an economy creates grows faster than the money supply, so a non-growing economy because everyone is saving makes everyone poorer.