goodbye fiat and USD.

[Al-e_x]

I read the local news, and there is several articles that made me interesting, a few weeks ago, the mobile version of the Bitcoin wallet bitcoin platform decided to eliminate the conversion of bitcoin currencies with USD. then replaced with Satoshi.

the decision was taken to eliminate dependence on fiat currency. because bitcoin capability if converted to fiat, will interfere.

developer samourai wallet says "farewall fiat" or "goodbye fiat".

I like topics and positive news
This is a step on the road to achieving Bitcoin's independence
But to be realistic, we still have a lot to do.

if you like my topic, please give me merit.

yes, there are many things we have to do to make it happen. The first difficulty today is to free the crypto market from bearish and from all FUDs that make the value of bitcoin fall and weak.

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[indoagung88]

I don't understand "goodbye fiat and USD" . It will be more convincing if you attach the news link to the news that you submit here. And that will make readers in this forum more confident in this news ...! Thank you.

[dlhezter]

I read the local news, and there is several articles that made me interesting, a few weeks ago, the mobile version of the Bitcoin wallet bitcoin platform decided to eliminate the conversion of bitcoin currencies with USD. then replaced with Satoshi.

the decision was taken to eliminate dependence on fiat currency. because bitcoin capability if converted to fiat, will interfere.

developer samourai wallet says "farewall fiat" or "goodbye fiat".

The evolution of currency would be evolve I taught that it was just a rumor but in reality was true, can I have the link for this? Sooner fiat would replace by a virtual currency no one knows when it comes but as you can see technology is more evolving nowadays so that no doubt that it will happen I think 5-10 years from now there is o fiat money I hope also corruption would be lessen.

[aryaadikariyansyahsuwarto]

wkwkwkw, the dollar was abandoned, that's interesting news. Because some people here use dollars in their transactions, we'll just wait for the impact and what will happen next ... !!

[jcarlo]

In real life, we still need fiat money to fill our needs. Its hard to replace fiat or paper money with cryptocurrency, the ecosystem of bitcoin still not ready and not many country regulate bitcoin for payment. I am believe need more time to realize mass adoption

[HanaBin]

Could you please tell me where you got that information from? Any link or source? I don't think fiat and USD will disappear in the future

[antonhuda]

then give all the fiat do you have to me

ups, sorry bro! all the fiat that I have has become bitcoin and ETH. I regret, because I was late knowing bitcoin, so, part of my company's salary, I always use it to buy bitcoin and ETH or other digital currencies.

It turns out that in this case you don't need fiat in everyday life, all your fiat has been exchanged for digital currency. Do you really not need fiat anymore? Do people around you do like you?

[entebah]

can you include the news link? now the price of bitcoin is still referring to USD / fiat, I think the conversion of BTC prices to USD is still good because USD has been worldwide for payments, purchases and others. usd can bring the development of bitcoin until now, initially all crypto players certainly buy bitcoin with usd, now those who can buy it with local currency are provided at the exchange place in their respective countries

Yes, I agree with you. Currently Bitcoin without USD is like a nightless day if you see USD is an exchange of bitcoin into real money or Fiat. So to say that we have to part with paper money or USD, I don't think it's time to part with the USD. But if you just eliminate the USD symbol and replace it with Satoshi, that is a good thing.

[Chrisjay29]

Will easy to say goodbye but hard to do it. Because lot of people didnt still know about crypto especially to those old people. Thats why its so hard to say farewell on them and infact there are some people and country against crypto. Maybe in the futurr there will be cashless society but today its impossible.

[binhvo1505]

I read the local news, and there is several articles that made me interesting, a few weeks ago, the mobile version of the Bitcoin wallet bitcoin platform decided to eliminate the conversion of bitcoin currencies with USD. then replaced with Satoshi.

the decision was taken to eliminate dependence on fiat currency. because bitcoin capability if converted to fiat, will interfere.

developer samourai wallet says "farewall fiat" or "goodbye fiat".

I think that's a pretty disadvantage for me. Satoshi has a relatively low value and we need to do more to quickly calculate a specific value. I used to use USD rather than Satoshi. Hope it adds Satoshi unit rather than USD.

[jameswell]

I have a belief in Bitcoin, but I think Bitcoin and fiat will co-exist for a long time.
The fiat is backed by the state apparatus, and the Bitcoin is backed by mathematics.
Both sides have the reason to exist for the foreseeable future.

[labilaab]

We can’t say goodbye to using fiat currency since it’s a physical asset as means of mode of payment from our day to day life. Maybe if Bitcoin will be accepted thoroughly and globally instead maybe theres a chance of not using fiat anymore.

[andriarto]

We can’t say goodbye to using fiat currency since it’s a physical asset as means of mode of payment from our day to day life. Maybe if Bitcoin will be accepted thoroughly and globally instead maybe theres a chance of not using fiat anymore.

right, to get to such conditions i think it still takes a long time. there are still many countries that are not ready to legalize cryptocurrency, with various problems, such as money laundering and terrorism

[geminiboy]

I read the local news, and there is several articles that made me interesting, a few weeks ago, the mobile version of the Bitcoin wallet bitcoin platform decided to eliminate the conversion of bitcoin currencies with USD. then replaced with Satoshi.

the decision was taken to eliminate dependence on fiat currency. because bitcoin capability if converted to fiat, will interfere.

developer samourai wallet says "farewall fiat" or "goodbye fiat".

give the article link that you read, it doesn't make sense if bitcoin lives without fiat, how do people buy and exchange bitcoin, what do you think

[Zrs]

I read the local news, and there is several articles that made me interesting, a few weeks ago, the mobile version of the Bitcoin wallet bitcoin platform decided to eliminate the conversion of bitcoin currencies with USD. then replaced with Satoshi.

the decision was taken to eliminate dependence on fiat currency. because bitcoin capability if converted to fiat, will interfere.

developer samourai wallet says "farewall fiat" or "goodbye fiat".

Bitcoin price still now calculate using USD.In fact when we need to sell bitcoin,always we consider usd to make the calculation easier. So I don't think there will be good bye for usd in bitcoin industry.

[Impulseboy]

Those new in cryptocurrency and want to invest in it,  what will they use to get crypto is it not fiat?

Yes still fiat. They have to use other exchangers so they can have bitcoin, this is just an initiative that samourai wallet wants to do.

However, price of bitcoin still depending on USD/fiat.

I was going to ask this. If bitcoin stops depending on fiat completely, then will the price of bitcoin finally increase? Somehow, I am having a hard time seeing bitcoin depart from relying on fiat/USD.

[St4yInTh3D4rk]

I read the local news, and there is several articles that made me interesting, a few weeks ago, the mobile version of the Bitcoin wallet bitcoin platform decided to eliminate the conversion of bitcoin currencies with USD. then replaced with Satoshi.

the decision was taken to eliminate dependence on fiat currency. because bitcoin capability if converted to fiat, will interfere.

developer samourai wallet says "farewall fiat" or "goodbye fiat".

We still comparing the price of bitcoin with USD,Isn't it?

All the people who were speculating only see the crypto currency interms of fiat and the most common wallet like coinbase and blockchain.info wallets are comparing the holdings with USD or other local currencies but that is a good initiative which can help the people not to panic sometimes.

[rexona]

We can’t say goodbye to using fiat currency since it’s a physical asset as means of mode of payment from our day to day life. Maybe if Bitcoin will be accepted thoroughly and globally instead maybe theres a chance of not using fiat anymore.

right, to get to such conditions i think it still takes a long time. there are still many countries that are not ready to legalize cryptocurrency, with various problems, such as money laundering and terrorism

yes that is true, besides there are still many countries that oppose crypto there are still many countries that are not ready to use crypto because the facilities and infrastructure are still inadequate for all using crypto, so it's still very long to say goodbye to fiat and USD.

[Minhxx]

I think Fiat only loses value, not in some countries bitcoin is still not accepted so Fiat or usd still important

[BigBos]

We can’t say goodbye to using fiat currency since it’s a physical asset as means of mode of payment from our day to day life. Maybe if Bitcoin will be accepted thoroughly and globally instead maybe theres a chance of not using fiat anymore.

right, to get to such conditions i think it still takes a long time. there are still many countries that are not ready to legalize cryptocurrency, with various problems, such as money laundering and terrorism

yes that is true, besides there are still many countries that oppose crypto there are still many countries that are not ready to use crypto because the facilities and infrastructure are still inadequate for all using crypto, so it's still very long to say goodbye to fiat and USD.

well, the development for cryptocurrency is very fast, but I think it's still very difficult to replace fiat, and dollars, especially when these two things are being sought by everyone. Well, there are still many obstacles in Crypto, so I also feel that it is still difficult to replace Fiat.