Combining Bitcoin and flat currency, is it possible?

[mktpromp]

I think it is not possible to combine fiat and cryptocurrency. As they both got many differences and I think cryptocurrency has more potential than fiat money.

[baby02]

That's a better idea the economy surely grow, fiat has stable value and bitcoin is unstable in terms of value but has more potential than fiat money.

[audaciousbeing]

Lately, as the development of the world's cryptocurrency, many people in certain countries after hearing the news that cryptocurrency is very attractive to be used as a tool of transactions and investments, making people who hear the news want to quickly switch to the currency crryptocurrency is when in their country eyes the money is still considered and illegal. The question is, why are those people more interested in cryptocurrency when their country already has official Flat currency and why also the government forbids the cryptocurrency? In my opinion, it would be great if the two currencies are combined only. Of course the result will be very good. Well, what do you think?

The fear of those who have maintained a position against bitcoin is not about existing together but because they are scared that if allowed bitcoin would surpass their own currency and all parameters point to that. In every climes of the society where fiat and bank accounts is being used that can be traced, people still find a way of hiding their resources from the prying eyes of government I then imagine what would happen in the case of adoption of crypto currency and the moment government loses such control then we can just assume there is no government.

However, a way out is for each government to have its own backed crypto currency but at that comes with its irony because its either they need to start a massive workshop on teaching their citizens or it wont work as people who are already exposed to the current crypto currency we have would need more than some advertisement to convince them to use government backed crypto currency only if it can be converted to BTC.

[Naughty Princess]

I think it is not possible to combine fiat and cryptocurrency. As they both got many differences and I think cryptocurrency has more potential than fiat money.

I agree. Fiat currency is controllable by the government while bitcoin is not. It is impossible to combine this two because it has big differences to each other. Bitcoin is good for investment because of the high potential to grow and increase its value. The value of Fiat depends to the economy of one country which make it stable while bitcoin depends on the demand and supply on the market. Bitcoin can be banned by the government while fiat currency do not.

[East2011]

Its good to combine this two. And its good for us because even if we don't have fiat with us we can go where ever we want and we can buy anything with the use of bitcoin.

[Herbys]

Interest in cryptocurrencies is due to the ability to earn good money and increase their capital. Therefore, investors invest money, although the market is very risky. The income that can be obtained from the cryptocurrency, on the bank's deposit, you do not get.

[keycellko]

Every country has different currency. More people are inclined to invest in cryptocurrency because of its volatility. Volatility has allowed people to earn more than they invested. People are not looking at the goodness of the coin now. They are more interested in making more money through cryptocurrency. Bitcoin and fiat cannot be combined. But bitcoin and fiat can coexist in any country if the government so allows.

[Cutieh01]

Every country has different currency. More people are inclined to invest in cryptocurrency because of its volatility. Volatility has allowed people to earn more than they invested. People are not looking at the goodness of the coin now. They are more interested in making more money through cryptocurrency. Bitcoin and fiat cannot be combined. But bitcoin and fiat can coexist in any country if the government so allows.

I think Bitcoin and fiat money cannot be combined  but we can have it both as an assets, because Bitcoin cannot be use in an urban area which have no internet. But then investing in Bitcoin is incredibly well.

[bitcoinjasensatom]

Every country has different currency. More people are inclined to invest in cryptocurrency because of its volatility. Volatility has allowed people to earn more than they invested. People are not looking at the goodness of the coin now. They are more interested in making more money through cryptocurrency. Bitcoin and fiat cannot be combined. But bitcoin and fiat can coexist in any country if the government so allows.

I think Bitcoin and fiat money cannot be combined  but we can have it both as an assets, because Bitcoin cannot be use in an urban area which have no internet. But then investing in Bitcoin is incredibly well.

Fiat money can be use anywhere  even in the most far urban area or provinces which has no internet access but Bitcoin can only be use when there is internet. So it is not possible that Bitcoin and fiat money combined and stood as one. But in my case I have Bitcoin as my investment and fiat as well.

[vonnyaries]

yes of course combining bitcoin and fiat currencies is the best combine that we can see in this era because as we can see that bitcoin is the one that have best security system and fiat is the one that have a flexible currencies, so i think we can combie 2 of them like use bitcoin for investment long term and fiat for daily use in real life

[basyang]

Lately, as the development of the world's cryptocurrency, many people in certain countries after hearing the news that cryptocurrency is very attractive to be used as a tool of transactions and investments, making people who hear the news want to quickly switch to the currency crryptocurrency is when in their country eyes the money is still considered and illegal. The question is, why are those people more interested in cryptocurrency when their country already has official Flat currency and why also the government forbids the cryptocurrency? In my opinion, it would be great if the two currencies are combined only. Of course the result will be very good. Well, what do you think?

Well in my way of thinking, that is a good idea so that the crypto currency will legalized in many countries. For sure many people are interested in cryptocurrency because it is a very good earning and it can support the financial problem of many of us. Why would give it a try, who knows it should be a very good combination in the economy. But I know this will make a long process before the government will implement it because there are many questions that the goverment will find answer and they will need to have knowledge in the aspect of cryptocurrency.

[fiulpro]

Isn't it already combined ?
I think the fact that the banks and the other countries are looking forward to giving out their own fiat currencies this indicates the level of acceptance they have for this new technology and soon enough they will launch something that's a combination of both.
Secondly the fiat system is what supports the cryptocurrencies , since Bitcoins and all are nothing if not converted into fiat ( harsh but true ) small businesses are established but they are not that big enough to dominate the whole economic system .
Cryptocurrencies to fiat and fiat to cryptocurrencies this is what's going on and that's how. Related and interconnected they are.

[sladkaja_konfetka]

As for now Bitcoin is not government regulated it would be difficult to make both equal currencies

[imstillthebest]

As for now Bitcoin is not government regulated it would be difficult to make both equal currencies

some countries are now regulating bitcoin but i did not heard that they combine bitcoin to fiat.

 I think that will not really happen even if all countries will start to regulate bitcoin because fiats have thier own value and physical shape while bitcoin is only a digital currency that do not have a physical form. So overall that would be impossible to merge them both.


Merging fiat or local currency to another local currency is more realistic , same as when combining crypto to another crypto.

[rabia_laskor]

This won't be a good idea. This will create hassle in the market and this will make people confused about both of the things. Besides, the transactions might e a mess.

[bontkoli01]

Yes, it is possible. Many investors believe that we can progress neither without cryptocurrency, nor without fiat money. So, we need both of them in a balanced way to gain success.

[nikhilvekariya]

Yes, It's definitely a wonderful Idea. We are using money from the bank in the virtual form only.

Combining Bitcoin and flat currency is a dual advantage. You can use both the currencies in substitution of one another 

There are many people in some countries believes that it is a very attractive tool of transactions and investments. I believe, it would be great if both currencies are combined.

Of course, the result shall be positive.

[Geoffrey Walker]

Now, Everyone don't know the real value of Bitcoin, and no one is in a position to predict what the future will be for value of Bitcoin. Meanwhile, when people hold flat currency, they will know exactly how much money they have. Therefore, I think it's so difficult to combine Bitcoin and flat currency.

[tokenjob]

Both are important for us but I guess it’s not possible because btc creates value and 1 btc is equal to near $6000 based on this it can’t be possible because feat money value and btc is not same both are from different sector. Based on this Btc value is more than fiat also.

[JohnHendry]

People are running towards crypto currency because it is new also smart transaction plan.