Ninjastic
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Board Economics
Re: Do you Still believe in Fiat?
by
mark coins
on 21/07/2016, 17:16:58 UTC
Quote from: agustina2 on July 21, 2016, 04:53:36 PM
Quote from: Kewatia on July 21, 2016, 10:10:44 AM
Quote from: greBit on July 20, 2016, 02:44:34 AM
Quote from: mrhelpful on July 19, 2016, 11:23:41 PM
You cant really kill fiat.

You can only limit its crippling printing press by switching over to bitcoin, but you still need it to pay bills since the world operates off fiat.

I dont think we will ever come to that point though since most of us will be either to old or buried by then to see it die.
Yes and I think that fiat will never die, there will be many users who will prefer to use fiat even if everything goes digital and they will be comfortable in using it.

Fiat is used by the governments to rob the citizens, so it will not be given up by the government. But bitcoin wil also be allowed.

That case can't be applied in general. It's just own view on how goverments are dealing with fiat. Also if government will not make some taxes then what is the future of that country?

Fiat and bitcoin plays both important role.

I think both of them have a great future ahead, people who believed in new and innovative technology will prefer to use bitcoin and rest will continue with fiat.