Will bitcoin ever stop depending on fiat currency?

[Alcor]

In any case, bitcoin and fiat will continue to coexist, since they cannot replace each other.

[Galon]

Without fiat there will be difficulties in how to measure the value of certain items. Fiat is very important to determine the number of one item.

[CatureX69]

I think Bitcoin is not dependent on fiat, Bitcoin is now very popular in the community, both Bitcoin and Fiat are very important, this can be a good combination in the community.

[gribble]

If everyone in the world gets into crypto and cryptocurrency will become an official global currency, do you think bitcoin then will stop depending on fiat currency? Or will it just co-exist with fiat?

I think bitcoin and fiat money will always coexist, because fiat will always be needed even though Bitcoin has become an official global currency. because Fiat and Bitcoin can be used together, and don't need to leave one of them. because for certain uses in real life, I think it will be difficult to use bitcoin. for example for payment instruments in traditional markets.

[napster]

I don't think it SHOULD be compared to fiat currencies. My idea is that it should be replaced with GOLD.

Well, that would suit better.

[ipanks]

If everyone in the world gets into crypto and cryptocurrency will become an official global currency, do you think bitcoin then will stop depending on fiat currency? Or will it just co-exist with fiat?

Crypto and fiat will co-exist and work together. As we see, the exchange now open the usd pair bitcoin, and it's good news for us, and it means the governments slowly will approve cryptocurrency. Bitcoin will not stop depending on fiat currency, and it will give us the opportunity to make a bigger profit.

[vegasus]

When viewed from the current situation. Bitcoin still can't escape fiat money. So if indeed Bitcoin is truly a digital currency, I think Bitcoin will still need fiat money as a price reference that can be compared with fiat money, so that people or new users can see how much it is worth to buy Bitcoin with fiat money.

[Taufiq-yy1]

This could be change only if market will become very stable (near 0 fluctuations in price) but at that time crypto would become not more interesting for invesments...

[Legends]

we know that crypto and also fiat currencies are interconnected. if we break one of them, then I think it will be difficult. it would be better if we use both of them properly.