Ninjastic
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Board Economics
Re: 99% of the people still think that fiat money are better than crypto
by
MiF
on 23/04/2018, 20:37:03 UTC
Quote from: yanlap on April 23, 2018, 08:27:15 PM
Quote from: webdevmastery on April 23, 2018, 02:38:32 PM
Quote from: davis196 on November 09, 2017, 12:36:26 PM
I was talking with a friend of mine about cryptocurrencies and he said:
"Cryptocurrencies are anonymous?Nothing on the internet is anonymous.Having a bunch of dollars or euro in the pocket is the most anonymous way to store money. Grin"
Damn,now i think that he is right and fiat money are still way more convenient ,despite all the inflation,banks monopoly and control.From my personal experiense 99% of the people refuse to believe in bitcoin and refuse to adopt it in their daily life.Any opinions?

We cannot change people's mind because there are governments who are hindering their own people to know about cryptocurrency since they are afraid that someday, no one will be interested on working in the corporate world.
It is true that not so many people are happy because of the crypto coins and that they are very much happy on using of the paper money and that they don’t have any such plan of investing in any of the crypto coin. The only reason behind all this is none other than that of the lack of knowledge regarding the things and that those peoples are taking least interest in the crypto market, so they don’t know anything about that.

Maybe to those people who had good job that earned higher amount of fiat will be happy and won't think about crypto. But these people weren't that plenty because most of the people who earns fiat cash right now is in middle class lifestyle, who earned lesser compared to those who had highest paying job. In reality if you ask them, they will tell you that they isn't satisfied with what they're earning and most of them preferred to invest for another business like crypto or else with another ways to earn as an additional part time income. Certainly for the person who hasn't able to gain enough knowledge from crypto will not think about the chances of earning profit, that's why fiat investment remained leading for them.