coinwizard_
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October 09, 2018, 06:39:54 AM |
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It is a bit premature to eliminate fiat and USD right now, there is still quite a long road ahead before that happens. When venezuela successfully adopts petro we can start to think about it
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maxilopez
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October 09, 2018, 06:46:14 AM |
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It seems to me that this is too optimistic forecasts about Bitcoin. it seems to me that we will be dependent on the dollar for a very long time and there is nothing wrong with that
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Blackhammer321
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October 09, 2018, 06:50:27 AM |
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I don't believe it will happen because until now bitcoin still converted into dollar. Even bitcoin can be uuse widely in terms of medium of payments. Everything in cryptocurrency still need fiat money to convert.
As of today we can really say that this will going to happen. The thing today is that the bitcoin does not have the capability to do so therefore we can just hope for the bitcoin to grow and come to the future that the bitcoin has the value more than what the fiat has. |
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PDNade
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D E P O S I T O R Y N E T W O R K
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October 09, 2018, 08:35:36 AM |
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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".
Im a little bit wonder if what's going on in it in the future but I think farewall fiat , because it's not easily to remove the people who capable and comportable to use fiat rather than use other.This is only my opinion . |
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Ludmilla_rose1995
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Eloncoin.org - Mars, here we come!
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October 09, 2018, 08:47:40 AM |
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I'm not sure if that happened. even though that happened, not in the near future. there must be a lot of consideration in removing fiat value to bitcoin
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jademaxsuy
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October 09, 2018, 08:51:16 AM |
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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".
You must not use fiat money for i think it has no use on you. Aside from that you i guess is a huge fan of cryptocurrency. Well I do believe in cryptocurrency but i am not generalizing that cryptocurrency could do better than fiat money. Fiat money is indeed a good medium for exchange and thus crypto could not surpassed. But, if we had crypto and fiat working together then it would be better. |
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zeingrind777
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October 09, 2018, 09:01:02 AM |
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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".
You must not use fiat money for i think it has no use on you. Aside from that you i guess is a huge fan of cryptocurrency. Well I do believe in cryptocurrency but i am not generalizing that cryptocurrency could do better than fiat money. Fiat money is indeed a good medium for exchange and thus crypto could not surpassed. But, if we had crypto and fiat working together then it would be better. Yes, I agree. fiat and crypto have in common as a transaction tool. it's just that crypto doesn't have physical forms like fiat and crypto can only be used in the internet network. Crypto and Fiat should have cooperation |
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131tc01n
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October 09, 2018, 09:23:38 AM |
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this decision is very appropriate in my opinion, because it adds its own value to crypto currencies. When we hold crypto we don't need to mix in fiat.
Maybe fiat is better to use when you want to retrieve our crypto assets
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hdtqisg
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October 09, 2018, 09:33:10 AM |
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Bitcoin and altcoin can not completely replace cash and dollars. Bitcoin and altcoin will strongly support online transactions! Hopefully the rate will be higher in 2019
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basyang
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October 09, 2018, 10:20:32 AM |
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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".
In my point of view, I could not think that cryptocurrency can replace fiat or even USD. As of now, this is so impossible to happened because we need physical money everyday in our life. Actually, not all of us has a good phones to used in cryptocurrency there is still a people who can not know the technology and some people will choose to used physical money because it is easy to use. |
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laiya94
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October 09, 2018, 10:32:35 AM |
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Why people so much fast to eliminate fiat. I don't think the world is not ready to only use digital currencies. Yes, of course using digital money make good sense but still, there are peoples knowing zero about this field.
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ChristinaPi
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October 09, 2018, 10:33:39 AM |
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I don't think fiat and usd will disappear because fiat and usd are what we need for the traditional market economy.
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bitfocus
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October 09, 2018, 10:34:20 AM |
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it's too early to say bye bye to fiat and USD, at least my opinion.
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ibrar.noman
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October 09, 2018, 10:49:37 AM |
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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".
Both Bitcoin and Fiat can be replaceable.there are still many countries that are not ready to use crypto because the facilities and infrastructure are still inadequate for all using crypto |
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voanquan
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October 09, 2018, 10:56:54 AM |
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I do not think so. Bitcoin is still being converted into dollars and I think it will be more convenient to trade than Satoshi. Bitcoin is widely used in payment means it need fiat money to convert.
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passeroutpass
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October 09, 2018, 01:30:55 PM |
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I think you are saying goodbye to Fiat currency very early. Cryptocurrencies are so risky that it would be better for everyone to leave the Fiat currency alone for now.
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meanwords
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October 09, 2018, 02:56:39 PM |
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They want to be the first to leave fiat but in reality, Bitcoin is still very reliant on Fiat and USD. With fiat, Bitcoin would have no value as people won't be able to buy things using Bitcoin at will because of the way Bitcoin is built. Maybe in the future. Who knows.
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Valer4ik
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October 09, 2018, 03:09:09 PM |
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You earn a cue ball that is pegged to the dollar. The more expensive the cue ball, the more dollars you have. With a stable rate of the cue ball against the dollar, everything is stable. The more expensive a dollar is against the ruble, the more rubles you have. The more rubles, the more you can buy uh.
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ongkok87
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October 09, 2018, 03:14:03 PM |
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there will never be fiat and USD currencies replaced with digital currencies if I think. because the government will never remain silent if the currency as a symbol of the state is replaced
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Ruffian1314
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October 09, 2018, 03:20:26 PM |
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I don't think that fiat currency will perish in cryptocurrency because bitcoin is not fully adopted as payment all around the world so it needs fiat currency to make transactions like buying bitcoin and to make a withdrawal for this is needed to be converted into fiat money.
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