Quote from: noictib on November 28, 2016, 09:43:02 AM

Quote from: SHAWN-MIDWAYS on November 28, 2016, 09:31:12 AM

I see bitcoin and fiat to be the perfect compliments of each other as the can be used interchangeably whenever we want to cut down on fees when trying to make a transaction so both will co-exist

yeah , and also there is another reason to not to replace fiat is use of fiat in real world .
Because the fiat and Bitcoin ( online ) are useful but fiat works as a important role in practical world and in practical world everyone looking for fiat only so it is about not possibly to replace fiat by Bitcoin .

Indeed. I like the term compliment each other. Bitcoin as we know only exists in the digital world so thinking of it as a replacement to real money is a bit off as people need real money for everyday expenses. Although it makes things really easy and convenient for online transactions so i also think there needs to be a replacement as bitcoin will be another option for people's convenience