Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: princessgirl on October 31, 2018, 01:48:37 AM
-
Fiat is necessary because it is the simplest way of making payment by the least educated ones in our societies. Cryptocurrency offers incredible features and services for purchase of goods and services yet the ideology is revolutionary which will take some time to gain complete roots as the people learn its concepts gradually.
-
now fiat and crypto can only work together, because crypto is still new and needs learning to the community and when everyone is familiar with crypto, let them choose which is more effective to do whether fiat or crypto. the broad benefits that can be caused by one of them will be an important consideration in choosing between crypto and fiat
-
Yes it is deserve to patronize but we should not go beyond because it is craziness to love the money more than our own health and family. We should put it in our control not to let fiat abuse our mindset to the point no rest no eat system.
-
Fiat does not need the internet and payments can be done without computers and mobile phones that is why it is still being patronized. Also the value does not fluctuate that much except during inflation or hyper inflation.
-
Fiat is still inherent in the world community. So fiat cannot be lowered even with Crypto. Indeed, crypto is now increasingly growing and many new users are involved in it. But basically Fiat remains everyone's priority. so Crypto cannot be maximized As long as fiat Money is still a priority of the world community.
-
Blockchain and cryptocurrency is future's tech. These days are only the beginning of it. This is stated in the whitepaper of Bitcoin very clearly. Furthermore, Satoshi had some opportunity say he would like to think about the idea that humankind is using digital currency in day trading, not only in crypto market but everything.
The important key point which we need to understand here is "blockchain and cryptocurrency is tomorrow's tech."
People use fiat in daily needs today. And they will use fiat for daily needs tomorrow and the day after that.
Maybe 10-20 years later we may see the digital currencies are being used in most of the trades in daily life, and then the fiats can be negligible.
Until then..
-
Fiat is always necessary to use so it must be patronized, even the cryptocurrency today is fiat we use in buying it.
-
Fiat is very important now, because people only work with it in general, so the cryptocurrency is not ready to replace it, and if cryptocurrency will replace fiat, for example, governments can leave fiat and we will can pay for something with cryptocurrency and for something with fiat, so that for people will be comfortable.