Bitcoin is money, fiat is money but which is more important? That is all I want to know and this is why I made the poll.
Saying Bitcoin is money is limiting and adding 'fiat is money' in the same sentence created a sort of comparison between both which does not really exist. If I was looking for a dis-inflationary asset to invest in, I would definitely prefer Bitcoin as fiat is influenced by supply shocks and economic situations. For a more liquid asset with which to make daily purchases, I'll use fiat, as Bitcoin is not mainstream yet.
I cannot see any, one or the other situation.
It is just so hypocrite to say that you do not need fiat because you have bitcoin. But they know that bitcoin will be traded soon with fiat currency when ATH happen. Am I wrong? If not then hold your bitcoin and use it whatever you wanted like paying hospitalization bills and etc. 😂 but for ordinary people will definitely going to sell their bitcoin once ath happen and that is real talk./b]
No one is being hypocritical about the utilities of Bitcoin and fiat, Bitcoin is barely 11 years old, and should not be compared with currencies that have lasted for several decades, the fact that it is shows the growth of the Bitcoin network.
Also, If someone is selling their bitcoins, it means someone else is buying them up, so people would always hold them.
But you do not answer my question about which will you going to pick?
As I said earlier, there does not have to be a one or the other situation, both are quite different and serve different purposes at this point.