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BADecker
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Activity: 3822
Merit: 1373
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August 05, 2019, 08:29:01 AM |
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There are a load of elderly people who depend on fiat to supply their daily needs via Social Security. They never understood that fiat was a Ponzi. But, they are good people. And here you are, wanting to get rid of fiat and destroy the lives of multitudes of people who depend on fiat just to live. God understands where fiat is in the world. He protects His people. He will allow fiat to crash, sometime. But not until His people are protected. Wanna crash fiat? Figure out a way to make crypto practical for all people to live on. When you complete this, fiat will crash itself.  |
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squatz1
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Flying Hellfish is a Commie
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August 05, 2019, 01:48:27 PM |
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Sigh.
People still use fiat because it is the most used currency around the world. Right now if I was a normal everyday person I wouldn't be able to get paid in bitcoin, pay for my day to day expenses in bitcoin, invest in certain stocks through bitcoin for retirement, and so on and so forth.
Fiat is the dominant currency in the world, and there's no two ways around that.
Bitcoin isn't, and it really does need to change in order to do that. If LN can clean itself up so regular people can use it without it being centralized, maybe that can work.
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akram143
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★777Coin.com★ Fun BTC Casino!
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August 05, 2019, 06:35:59 PM |
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Fiat used to be a medium of exchange but now we all are slaves to the banks and those useless fiat but we have no other option than using their system since people needs of they want to buy something for their need. Let the bitcoin grow silently,once it becomes available for everyone to use then hang those feds.  |
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otrkid1970
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August 05, 2019, 06:41:09 PM |
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Someone has anger issues....  |
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countryfree
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Your country may be your worst enemy
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August 05, 2019, 06:50:54 PM |
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I sold a car 2 months ago.
I had "BTC accepted" on the classifieds, but nobody proposed to pay me that way.
My buyer paid me cash, I didn't complain.
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I used to be a citizen and a taxpayer. Those days are long gone.
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pimchanbuabueng
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August 06, 2019, 12:43:34 AM |
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we cant able to buy our primary need without fiat, yes cryptocurrency adoption is in the air but its not yet totally implemented
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TimeBits (OP)
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August 06, 2019, 02:24:26 AM |
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Fiat used to be a medium of exchange but now we all are slaves to the banks and those useless fiat but we have no other option than using their system since people needs of they want to buy something for their need. Let the bitcoin grow silently,once it becomes available for everyone to use then hang those feds. I like your 2nd part, but if we wait they all have drones to kill us  |
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akram143
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★777Coin.com★ Fun BTC Casino!
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August 06, 2019, 07:44:07 AM |
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Fiat used to be a medium of exchange but now we all are slaves to the banks and those useless fiat but we have no other option than using their system since people needs of they want to buy something for their need. Let the bitcoin grow silently,once it becomes available for everyone to use then hang those feds. I like your 2nd part, but if we wait they all have drones to kill us They might kill only thousands of people but they never can kill bitcoin once if it is adopted. |
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BlueHeadLizard
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August 06, 2019, 02:45:50 PM |
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Why do you still accept FIAT?
When salary starts to be paid in crypto, then it will to be adopted and Fiat will die. We are probably a long way of from that But it just takes one currency crash in a major economy (e.g, Germany the 20's, Russai the 90's) and then crypto adoption could happen overnight. If that is next week or in 20 years who knows. |
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bkbirge
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August 06, 2019, 02:57:32 PM |
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Why do you still accept FIAT?
When salary starts to be paid in crypto, then it will to be adopted and Fiat will die. We are probably a long way of from that But it just takes one currency crash in a major economy (e.g, Germany the 20's, Russai the 90's) and then crypto adoption could happen overnight. If that is next week or in 20 years who knows. I'm out of sMerit but that post deserves one. Very good point. |
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BADecker
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Merit: 1373
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August 06, 2019, 04:21:16 PM |
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Why do you still accept FIAT?
When salary starts to be paid in crypto, then it will to be adopted and Fiat will die. We are probably a long way of from that But it just takes one currency crash in a major economy (e.g, Germany the 20's, Russai the 90's) and then crypto adoption could happen overnight. If that is next week or in 20 years who knows. I'm out of sMerit but that post deserves one. Very good point. The problem with this idea is, when pay is crypto rather than fiat, the IRS (and other taxing agencies) will still demand taxes in the form of fiat. This means that employers will have to keep complex records of what crypto was worth at the time they made their salary payments, and convert withholding into fiat from crypto. Since businesses are always seeking to reduce costs, only the very dedicated employers will turn to crypto, because of the added taxation paperwork they will have to do. This makes the crypto point almost moot. The focus should be around the right way to bypass the taxing authorities. Then it won't matter if crypto or fiat is used. |
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squatz1
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Activity: 1666
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Flying Hellfish is a Commie
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August 07, 2019, 04:25:14 AM |
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Why do you still accept FIAT?
When salary starts to be paid in crypto, then it will to be adopted and Fiat will die. We are probably a long way of from that But it just takes one currency crash in a major economy (e.g, Germany the 20's, Russai the 90's) and then crypto adoption could happen overnight. If that is next week or in 20 years who knows. I'm out of sMerit but that post deserves one. Very good point. The problem with this idea is, when pay is crypto rather than fiat, the IRS (and other taxing agencies) will still demand taxes in the form of fiat. This means that employers will have to keep complex records of what crypto was worth at the time they made their salary payments, and convert withholding into fiat from crypto. Since businesses are always seeking to reduce costs, only the very dedicated employers will turn to crypto, because of the added taxation paperwork they will have to do. This makes the crypto point almost moot. The focus should be around the right way to bypass the taxing authorities. Then it won't matter if crypto or fiat is used. +1 to this. When we tell businesses not to use a service like BitPay, something which makes the process 10x easier because they help with compliance and use settlement in USD. We're hurting businesses. Allow the solutions we have today, such as this, to take shape. Because any sort of adoption, even if the people who are accepting Crypto are converting directly to btc -- is still something. Bypassing tax authorities doesn't go well, and will never go well. If we continue to tell people that using Crypto is for tax avoidance -- then we're just fueling the narrative that Crypto is for the illegal portions of authority. |
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TimeBits (OP)
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August 07, 2019, 04:37:07 AM |
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Fiat used to be a medium of exchange but now we all are slaves to the banks and those useless fiat but we have no other option than using their system since people needs of they want to buy something for their need. Let the bitcoin grow silently,once it becomes available for everyone to use then hang those feds. no gold used to be, Nixon just lied to the general public. For real listen to the speech https://www.youtube.com/watch?v=iRzr1QU6K1o"The American dollar will be just worth just as much today as tomorrow"  So now we all fucking work for something they get for free $LAVERY |
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akram143
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★777Coin.com★ Fun BTC Casino!
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August 07, 2019, 05:38:51 AM |
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So now we all fucking work for something they get for free $LAVERY
Yes this is real,we are literally slaves to the people who controls banks.They are using us to do the things as what they wanted and giving something in return of value less papers. |
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TimeBits (OP)
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Merit: 62
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August 07, 2019, 06:19:02 AM |
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So now we all fucking work for something they get for free $LAVERY
Yes this is real,we are literally slaves to the people who controls banks.They are using us to do the things as what they wanted and giving something in return of value less papers.  |
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Luyiziti
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August 07, 2019, 07:10:20 AM |
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It is still too early to go full crypto, but in 10-15 years it will be reality. |
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akram143
Full Member
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Merit: 166
★777Coin.com★ Fun BTC Casino!
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August 07, 2019, 07:10:28 AM |
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So now we all fucking work for something they get for free $LAVERY
Yes this is real,we are literally slaves to the people who controls banks.They are using us to do the things as what they wanted and giving something in return of value less papers. Nah,I'm dump because I am still in need of those paper if I want to survive in this modern (dump)society. |
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omonuyak
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August 07, 2019, 08:20:02 AM |
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It is still too early to go full crypto, but in 10-15 years it will be reality. The fiat has been with us for long and because we most relate to other people that has no interest in bitcoin and cryptocurrency for now we most still be using it until we were able to expose the scam in federal reserved and how Bitcoin is the only system that really allowed inclusiveness. It is good fiat stay around for a while. |
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TimeBits (OP)
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August 07, 2019, 08:27:08 AM |
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It is still too early to go full crypto, but in 10-15 years it will be reality. The fiat has been with us for long and because we most relate to other people that has no interest in bitcoin and cryptocurrency for now we most still be using it until we were able to expose the scam in federal reserved and how Bitcoin is the only system that really allowed inclusiveness. It is good fiat stay around for a while. Yah that is a great idea to keep fiat around, let them buy a bunch of drones and kill us all! not to mention, we get to keep being $laves. FUCKING SWELL IDEA BUD! |
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