Post
Topic
Board Economics
Re: Do you Still believe in Fiat?
by
chesatochi
on 24/11/2016, 15:24:30 UTC
Thanks to bitcoin we got a new option if you cant trust fiat anymore. But I can say it will be living for long as long there are places that cannot be reached by technology. It will be only us who lives in cities can do it for now.

Indeed mate.. bitcoin will still exist in the future and so as fiat, but fiat will not be out of the picture because everyone in the world uses it, bitcoin value is also depending on fiat. Without fiat, bitcoin will be worthless.

Actually, I believe in both because I need both into my life for doing differents purpose. I need fiat for doing my groceries or otherwise I will starving to death Wink. The bitcoins is to have the opportunity for holding value into my wallet and have a good investment for the future. Also, with bitcoins, I can transfer money oversee without much effort on my part, thank for the blockchain technology.