Is Fiat Currency completely irrelevant to cryptocurrency

[brooklynian]

Till date, fiat currencies are still relevant to cryptocurrency. In most of the countries, you can't yet spend your cryptocurrency directly at the mall or with any merchants. People therfore have to first convert cryptocurrency to fiat currencies before they are able to do successful shopping.

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[Patpro]

Maybe until such a time that crypto will act just like fiat (by so saying I mean, will be adopted as a medium of exchange), we cannot say fiat is irrelevant to crypto. We convert our coins to fiat in most cases before we can use them and that alone should tell you how we can't do without fiat now.

[Fire316]

There are some believes that we might not necessary need fiat currency in trading cryptocurrencies.
My question now is If Fiat is completely irrelevant in the world, and gold do not back crypto, where will cryptocurrency derive it value from?

   Fiat money,digital currency,gold,silver,diamond,etc...they are different to each other but they are both important to us. They are created for different reason,purpose and value. That's why  we still need fiat money and it is not irrelevant to cryptocurrency.

[wnfakind]

The value comes from the community and people who choose to use it and see it as that. It has nothing to do with being backed by something.. It has a finite amount that will be distributed and from there this is where the value grows. Fiat might one day become obsolete as it really has no value and is not really backed by gold anymore. Oh the USA is in debt... let's just print more money backed by nothing.. The whole fiat backed by gold was lost along time ago, and this is what is creating the issues in the world and I can see this being one of the reason's why crypto was made in the first place. Good riddance.. the creation of crypto is a fucking blessing, and that's why if you have it hodl on to it and actually use it if you choose to. Ohh gold is shiny must be worth alot, who the fuck cares. It's a belief that's all.

Back bitcoin with gold it doesn't really matter. Those who control all this shit are playing the fucking game anyways.

[Kekenapep]

Fiat currency will always be relevant,even to the crypto currency users,as cryptocurrency derives it's value from ones local currency,it is highly impossible for Bitcoin to exist without fiat currency...none of the two is ever going away though as both are highly useful.

[Payme21]

I think for now, Fiat still got relevance when it comes to crypto currencies because it is interchangeable and that is one reason why newbies keep coming on board because  they know they can spend it and it is merely digitised and can be converted to fiat when need be

[InboundMercury]

Right now it is totally relevant because people are still depend on fiat not on the crypto and in order to enter in crypto they need to use their feat.