Please, we should not totally eliminate fiat currency

[Penthesilea]

Money contributes to human life right from the beginning of society. At the present time, all transactions from the cryptocurrency market are converted into currencies. I think crypto is modern and currency is a tradition.

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[waqasniaz007]

From what I have seen so far in this forum and other crypto platforms, most of us want fiat eliminated. But let us not forget that there are still situations whereby we can't use crypto except fiat like in rural places without computers or even internet facilities.

Before there there was no internet but later internet reached at most of the rular areas and people were started using it. Now a days u can buy sell crypto through mobile and mobile companies provide internet facility.

[Cling18]

From what I have seen so far in this forum and other crypto platforms, most of us want fiat eliminated. But let us not forget that there are still situations whereby we can't use crypto except fiat like in rural places without computers or even internet facilities.

We can't elliminate fiat no matter what we do. It is a part of our system that we cannot replace. No matter how advanced the technology is, fiat would always be fiat and it would be hard to elliminate it because it is well known better than any means of payment transactions.

[engrshu]

No matter how much you want to eliminate fiat, you just cant. The majority of people cannot access internet wherein thats the main path of digital currency. Even though crypto will boom, fiat will and always remain in circulation. Normal people needs it.

[snaper14]

i  do not  think  that  it  is  going  to  happen  since   countries  can  not  do  without  fiat currency  there  will  be  a  big  mess and i  do not  think  that someone will like  and support  this idea.

[ocid]

From what I have seen so far in this forum and other crypto platforms, most of us want fiat eliminated. But let us not forget that there are still situations whereby we can't use crypto except fiat like in rural places without computers or even internet facilities.

actually, I don't think we should eliminate fiat currency just to advance crypto's growth because after all the role of fiat as a traditional currency that has been embedded in society is certainly still needed, especially as you say that in areas that are still not affordable by internet technology of course it will still be very difficult to use crypto as a method for conducting transaction activities.

[Crazycrearu]

Fiat won't disappear, don't be afraid, it's impossible to happen given the fact it's still the most popular type of payment in the whole world.

[Agniya]

I do not think that we will fully succeed. Even now there are those who use wired phones and do not know what a wifi is. Therefore, there are always people who will continue to use fiat.

[cizatext]

Fiat money will forever remains very relevant in our society and it the fiat currency that the financial institutions of various countries of the world recognized due to the fact that it the government assets and their are able to control it activities and usage. So the presence of crypto can never eliminate the relevancy of the fait money.

[Faeton]

National money of the states will not disappear anywhere. As long as each state has its own economy, until then there will be national money that is tied to the economy of this country. And the very idea of a complete transition to the use of cryptocurrency is simply absurd. This cannot happen in practice. Such a transition would mean very big problems for the economy of any strong state.

[zubrr51]

As soon as some kind of cryptocurrency becomes really more convenient for payments, people themselves will forget fiat money.

[Google+]

I don't think it will be possible because there will still be many who use fiat currency to make sale and purchase transactions using payment methods using traditional money or fiat currency, because I am sure that cryptocurrency or digital currency will not be used for everyone, surely only some people understand how to use digital currency.

[futile-resistance]

From what I have seen so far in this forum and other crypto platforms, most of us want fiat eliminated. But let us not forget that there are still situations whereby we can't use crypto except fiat like in rural places without computers or even internet facilities.

Between fiat and cryptocurrency of there is anyone that is likely to get eliminated, then it is cryptocurrency, let’s just say the truth. Cryptocurrency can’t beat fiat.

Fiat has been around for long like centuries and cryptocurrency is just a decade and you think it will be possible for cryptocurrency to eliminate fiat. These things will have their own purposes, none is leaving. So let’s stop comparing the both and putting confusion on ourselves.

[Morning honor]

Of course it can never be happened even in many years comes by,.it is very much impossible to be happen fiat is a fiat to our entire decades we will not be worry of it no one can eliminate fiat.

[FlightyPouch]

i  do not  think  that  it  is  going  to  happen  since   countries  can  not  do  without  fiat currency  there  will  be  a  big  mess and i  do not  think  that someone will like  and support  this idea.

It does't like that these countries can't do without their fiat currency but these days, they can just support Bitcoin and other crypto currencies what more is that it making it their currencies. But I do agree to what you just said after that, none on the government will just accept this idea since cryptos are just decentralized nowadays and it may be manipulated by whales.

[charlemagne_15]

From what I have seen so far in this forum and other crypto platforms, most of us want fiat eliminated. But let us not forget that there are still situations whereby we can't use crypto except fiat like in rural places without computers or even internet facilities.

I agree to your point! Eliminating fiat currency is truly a bad decision ever for a reason that removing it will cause a huge trouble for all of us because without fiat what would be the currency of the people who haven't any access to the cryptocurrency? Not all the places and people are knowledgeable and accepting cryptocurrency as a currency particularly to the rural and undeveloped places so eliminating is not good.

[adpinbr]

I agree aside from that fiat is our own entitlement. without fiat, we can't have something that we can call our own. Eliminating fiat currency is hard just because we have cryptocurrency.

[ayiaye]

this will be very difficult to achieve, even though many people say that. because right, we unconsciously still need fiat money as a transaction tool. try to think realistically, don't be too non-realistic.
just imagine some bad effects if fiat money is replaced with digital money. with an unstable price it will have an adverse effect on the world economy.

[Buttermellow]

From what I have seen so far in this forum and other crypto platforms, most of us want fiat eliminated. But let us not forget that there are still situations whereby we can't use crypto except fiat like in rural places without computers or even internet facilities.

Of course, it should not be replace by any digital currency or cashless form for it will affect trading and exchanges in the markets. As we all know that internet will not work all the time for it needs some power to function just as the gadgets also to be used in completing transaction for this kind of trading. Fiat money should not be remove completely because it has a lot of use most of the time.

[Firefox07]

Fiat money is so very important and it is more accessible for all people. Especially those poor and uneducated people. So why there are allot of people wanting to eliminate fiat money. I don't understand their point.