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Re: Turning crypto into fiat or is that even nessesary anymore!
by
BlueStackz
on 09/08/2018, 11:09:47 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.
 
I believe that is necessary because you can’t do without fiat. Your country’s currency is very important cause you can’t do without it, you can’t buy anything if you don’t have fiat with you. You can’t just go into the market and be asking people to sell to you with Bitcoin lol, nobody is doing that, you can only find Bitcoin being accepted online (although I know that in very few countries that there are a little number of people that might do that.

But what I know is this– you must always change your cryptocurrencies to fiat before making use of them. If not, then ask yourself why you always get worried when the price of Bitcoin drops. Lol, that’s because you know that your main reason for using BTC is to make profit and withdraw to fiat.