Fiat Currency

[CryptoX 41]

Along these lines, we are moving into another time where Fiat Currency standards are getting some challenge from Crypto Currency forms and numerous other installment strategies. Individuals are essentially not keen on utilizing money any longer, in light of the fact that cashless installment alternatives are progressively productive and furthermore increasingly advantageous. Debit and Credit cards/Crypto Currency standards/Gift cards/E-Wallets/Check/PayPal and so forth.

[Wrath 149]

Flat currencies are government back money they are own by government and control with their central banks unlike crypto currencies that are control by the communities, government can monitor all transaction done will the flats with their country easy buy looking at your purchasing records from banks and other payment processor. Use only crypto if you don't want to monitor.

[jak3 56]

Faint money are there no matter what happens. Cryptocurrencies can just act like the new thing but people are already paralyzed with their previous debt and only the new generation can choose not to use banking facility and live a hard life its like living without technology and not passing technological advancements to our future generations. Thats how difficulty is removing banks from our economic becase they are under a lot of debt.

[Dammyrichie 131]

1 minute ago, Fini said:

Fiat money will soon be outdated as far as cryto is becoming popular

Fiat money would still be more useful people are calm when dealing with fiat, but cryptocurrency can just be used as a second means of dealing

[alexisfuentes 2130]

Electronic money has great power debit/credit cards, e-wallets and cryptocurrencies but King is Fiat for now.

check it

 

Edited October 29, 2019 by alexisfuentes
link

[Mohs3n71 0]

2 minutes ago, Barau12 said:

Fiat still got some use in the community. Now when ATM machines had been made all over the cities or countries for users to withdraw they will have to withdraw in Fiat, we still need it

only some uses in community ? the world is running around FIAT, crypto is being used in less than 1 percent of daily transactions in the world, 99 percents are still using FIAT 

[Wrath 149]

On 10/31/2019 at 2:05 PM, Abderrazak19 said:

And this is why many contries arround the world dont allow their people to use bitcoin 

Thats because the persons who use bitcoin will feel more freedom and they will partially get rid from givernements control

Yes this is the reason why many governments around the world have oppose cryptocurrency, governments loves control over things with in their domain and real cryptocurrency like bitcoin can't be control by any central authority.

[Sohel Rana Sazzad 453]

Fiat Currency is a site for making money where you can easily make more money in a short time.However, there are several scam fiat currencies that will prevent them from working in real currency.

[sazzad925379 128]

Fiat currency is a place to make money where a person can make more money in a short period of time.But you must work in real fiat currency.

[Akasshh 234]

Fiat money is a currency without intrinsic value that has been established as money ,often by government regulations.

Fiat money does not have use value ,and has value only because a government maintain its value or because parties engaging in exchange agree on its value.

[Agios 1763]

In fiat money only listed nominal value, but it has no intrinsic value because only a sheet of paper, metal coins and demand deposits. So fiat currency is a legal tender that takes its value from the government which releases compared to an item or commodity physically. Government power is the key as what determines the value of the fiat currency. Fiat currency is used by more countries in the world, making it a suitable form of currency for international trade.

[Rasheed 76]

Set currency is legal tender which value is backed by the government that issue it the US dollar is fiat money as are the error and many other major currencies this approach differe from money whose value is underpinnind by some physical good such as bold silver called commodity money

[Rafi 65030 11]

Fiat currency is a website. People also use it like cryptotalk. It is a strander currency.