Post
Topic
Board Marketplace
Re: Turning crypto into fiat or is that even nessesary anymore!
by
GoodLuck2
on 26/11/2017, 18:47:38 UTC
I know this subject has been looked at before but with the speed at which the cryptospace changes I felt the subject deserved a fresh look, and why not obtain that fresh look from the experts that are currently at the forefront of using crypto, namely all of you here on Bitcoin Talk forum.

I know there will be a time when it will not be necessary to change from fiat to crypto and vise versa. Hell that time may already be here. If the time has come where that exchanging of one to another is no longer necessary then i definitely need an update because that would save a lot of time and money. So if you would please share your insights and knowledge with the rest of us on what the most efficient way you have found for

  Shocked 1. avoiding the whole exchanging from crypto to fiat to take care of financial responsibilities out side the Crypto-space

 Huh 2. what is the most efficient and cost effective way you have found for the exchanging of crypto to fiat?

Please remember that ideas are awesome and helpful to further a subject so please do share yours, but with that being said please remember that lots of people that read this may be new to crypto so please do include details and specifics such as names of places, cost and special steps that maybe needed to accomplish your way of doing something. I want to thank you all in advance for your participation and for all that you give on a daily basis to help improve and add to the Crypto-space.
 
Right now it is still necessary to convert digital currencies into fiat. It is still necessary because there are things that bitcoin itself or other coins can't buy. What is the other option then? Convert bitcoin into fiat money in order to buy things that can't buy using crypto coins.
Cryptocurrency has been accepted in some countries in the world but not all are accepting it or they don't even know it so they prefer fiat money rather than crypto
Precisely, still it is better to have conveted digital currency because as of now cryptocoins are not fully accepted in this world and even there are few store that accept it as payment. Besides most of people are still prefer to use fiat because this is our old tradition of transaction yet it is easy to buy thing through it without internet connection unlike crypto currencies.
It is true the bitcoin is being use for a lot of the reasons and the bitcoin is now getting more and more famous I hope in the future I will be able to have the high profit but it is not that fast earning for this I will have to increase the bitcoin value and the income I am sure the profit matters a lot and as much as the bitcoin is going high the bitcoin will be the best support for a lot of the people now and the income of the bitcoin will be high.