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Author Topic: As long as you convert your crypto to fiat, we will never go mass adoption  (Read 241 times)
isaac_clarke22
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March 21, 2018, 04:50:49 PM
 #61

People! please don't look at crypto as an ez money maker, and please don't convert to fiat, I would suggest to USE it rather than spend it.
The next time you pay for something, always encourage them to accept crypto. -snip-

This could be difficult to everybody especially to those who have a high trust issues in investments. When you tell them that it is a currency, they will always ask about the value its have when converted to whatever currency your country is. You will most likely mention about the property of volatility it has and that could make them disagree to invest in it. However on the other hand, there are some sites that accept crypto as a payment method so we got that as a start up for potential mass adoption. Surprisingly, the attention in Bitcoin in different countries has its own local bank to accept purchases in Bitcoin like Philippines so there's that for another potential mass adoption. Generally, we don't need to force people to accept these crypto currency to be part of their assets and let's just be a bit passive on that and be more active on what we're doing here and believe me that media will now give it more attention when crypto goes large in the market.
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March 21, 2018, 05:18:00 PM
 #62

People! please don't look at crypto as an ez money maker, and please don't convert to fiat, I would suggest to USE it rather than spend it.
The next time you pay for something, always encourage them to accept crypto. If they refuse, then so be it, but what you're doing is the effort so that many people will hear about it, and maybe the next time someone asked them to receive payment through crypto, maybe they will change their mind and try it.

This is how your transfer the market cap from fiat to blockchain and this is how you realize true gain, your 10 coins valued at let's say 100$ can go to the moon if more people would switch to crypto.
Please please please, we want a future with just peer to peer txion, F the middle man!
The issue about this is that most of the investors cash out their Bitcoins because they are short of cash and thus they cash out to buy the things that they need if more and more people were actually accepting bitcoins as a means of payment for their goods and services. Cashing out BTC to FIAT will be minimal.



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March 21, 2018, 05:44:28 PM
 #63

At this point, we have to cash out to Fiat because there are still a lot of everyday things that still cannot be bought using bitcoin. For example, you can't give your child bitcoin to buy lunch at school neither can you buy ice cream at the park using bitcoin. Until these everyday little things can be purchased using bitcoin, people will have to keep converting their coins into fiat in order to spend it.



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potterbean5
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May 07, 2018, 04:23:55 PM
 #64

Thats not the way to force someone to accept btcs for use. If they dont wanna use who are you to force?
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