Would you still stay on crypto world if you couldn't convert your cryptocurrency to fiat currency?

[guatazoo 7150]

I think if my country were to burn crypto tht culd hpen, but i wills till be in crypto becuase there are so mnay ways I could buy and sell my crypto without my governement's acknowledge.

[iloveyobit 6599]

simply its all about that , i wont be here if i didnt want to grow my funds , and for your question i think its impossible to not be able to convert btc to usd , because from the starting we bough bitcoin with usd . 

[akmal1984 103]

3 hours ago, myaccount1 said:

And don't  about this thing because already there are many exchanges available which we can easily converted our crypto currenceis to fiat money but unfortunately if this issue occur i will not stop crypto.

As long as there is still an exchange I will never stop too. Although later only USD currency is left for example. I can still use it by exchanging my country's currency rates

[Benjamin 84]

Of course, this crypto may used in payments and transaction even though it can't be exhanged by fiat money, and also it has to be used in holding a coin and trading to get more profit on that.

[Yanadia 1517]

On 12/2/2019 at 2:40 PM, Shuaib said:

I will stay in crypto world even though i couldn't convert your cryptocurrency to fiat currency because my main aim is to collect valuable information from it and also to provide on the other hand in crypto world i don't earn huge amount of money so i will stay

I agree with you.  Many roads lead to crypto.  Crypto world has many doors for us to open this. Mr.Sathosi's goal is to create a BTC * digital monry * then why should I go. One. The door is closed, look for another door that is open.  The world is vast.

[CryptoBoy20 170]

Yeah if I can buy goods by my bitcoin then obviously I will stay with cryptocurrency. If I can't buy goods then I won't stay no one will stay in this section anymore.

[Muphin 459]

On 12/2/2019 at 1:54 PM, Brushless4500KV said:

To be honest, most people who call themselves crypto lovers or crypto enthusiasts are not interested in cryptocurrencies. They invest in them or trade with them just to increase their fiat currencies by exchanging (converting) their crypto coins to their local fiat currencies. They are in fact interested in fiat currencies and tolerate the instability of cryptocurrencies to earn more fiat which is stable. They like cryptocurrencies because of fiat not because they are decentralized payment systems with lower fees. Increasing crypto coins means nothing to them until they convert their coins to fiat as soon as possible.

What do you think would happen if there was no online exchanger to convert cryptocurrencies to digital fiat currencies? (For example BTC to Paypal or ETH to Payeer).

Do you think the value of cryptocurrencies is independent of fiat?

Is collecting crypto coins without converting them to fiat means increasing investment and income?

 

 

I would still use it, you know. Because as far as I know, there are some online transactions that accept Bitcoins as a payment method. So yes, if I couldn't convert it to local currency, I would use it in the Internet then.

[duncun007 3577]

thats a pretty odd question to ask because people are in crypto to make money and they are crypto enthusiasts because crypto is freeing them from banks and paying for their bills and thats why they are enthusiastic about it.

[taongam 7]

If my country were to banned crypto i don't stop, I wills till be in crypto because there are so many ways I could buy and sell my crypto without my government acknowledge.

[Gusion 321]

I don't think so. Maybe? But not too much because as of now our world considers fiat currency as a main medium used. I won't be able to use my earnings in crypto if that's the world I'm living in. Its useless. Maybe it takes too much time for crypto to become the main currency.

[xprince1996 865]

On 12/2/2019 at 1:54 PM, Brushless4500KV said:

What do you think would happen if there was no online exchanger to convert cryptocurrencies to digital fiat currencies? (For example BTC to Paypal or ETH to Payeer).

If there is no online exchange to convert your cryptocurrency to digital fiat the cryptocurrency industry will surely decline because why you waste your efforts for nothing? There is no person will work for free.

[AAYAN 108]

On 12/2/2019 at 11:54 AM, Brushless4500KV said:

To be honest, most people who call themselves crypto lovers or crypto enthusiasts are not interested in cryptocurrencies. They invest in them or trade with them just to increase their fiat currencies by exchanging (converting) their crypto coins to their local fiat currencies. They are in fact interested in fiat currencies and tolerate the instability of cryptocurrencies to earn more fiat which is stable. They like cryptocurrencies because of fiat not because they are decentralized payment systems with lower fees. Increasing crypto coins means nothing to them until they convert their coins to fiat as soon as possible.

What do you think would happen if there was no online exchanger to convert cryptocurrencies to digital fiat currencies? (For example BTC to Paypal or ETH to Payeer).

Do you think the value of cryptocurrencies is independent of fiat?

Is collecting crypto coins without converting them to fiat means increasing investment and income?

 

 

Yes I still stay on crypto if its not convert fiat currency.I belive crypto use like fiat currency so i think donot neded to convert any other currency from crypto, If you want to spend your crypto any where if you needed.

[fuer44 1083]

with notes, crypto can still be used to buy others, for example shopping vouchers, top up games, or buying other items. if not at all, then just leave it behind because crypto will not be of any use if it cannot be converted to fiat.

[Ms.o 3322]

Yes,i will still stay,i dont see any problems with that coz you can still use cryptocurrencies to buy and pay on what you need.

[lucky80 1046]

On 12/2/2019 at 12:54 PM, Brushless4500KV said:

Do you think the value of cryptocurrencies is independent of fiat?

Is collecting crypto coins without converting them to fiat means increasing investment and income?

What do you expecting then? The goal is to use it for payment. If the whole structure is running and we can swipe it for daily needs, I will still use it.

[Naga 1250]

On 12/4/2019 at 6:53 AM, Invalid said:

Maybe yes because it is only the conversion method but if the cryptocurrency or bitcoin is having those cash out or withdrawal machines maybe it is still accessible. 

yea i think we are all goign to stay if there is another way to use our crypto for payments which could be even better than normal fiat.

[Oxygen 1004]

I dont think so there will be value remain up after that bitcoin or crypto can not convert into fiat. Because most of us earning bitcoin or crypto currency just to fulfill our needs and needs are fulfilled only with fiat currency. as direct purchasing with crypto currencies are not well know till now. So if crypto currency have value like fiat and can be spend like fiat in any field and also can be accepted as medium of exchange than it should have more value than fiat currency.

[duncun007 3577]

i think many of us would leave and spend our times on something else because there is no use for it if we cant turn it to fiat. but if we started seeing it adopted in retailers in the future then it will be a good usage.

[Interface User 1070]

I converted my coins to fiat because my environment doesn't know the existence of Crypto Currency but if that is the case, I will still continue my journey but some small problem may occur because only few establishment in our country accept Crypto Currency but I think there's an alternative or solution for that.

[Kuroashii 181]

As long as there are shops who still accept cryptocurrency as payment then there is no need to convert it in fiats. No need to leave cryptoworld if it still has purpose.

[teminalibug 309]

There are a very limited ways to spend crypto so after that, ism not sure I will be able to stay.

[Satya31 865]

On 12/2/2019 at 11:24 AM, Brushless4500KV said:

To be honest, most people who call themselves crypto lovers or crypto enthusiasts are not interested in cryptocurrencies. They invest in them or trade with them just to increase their fiat currencies by exchanging (converting) their crypto coins to their local fiat currencies. They are in fact interested in fiat currencies and tolerate the instability of cryptocurrencies to earn more fiat which is stable. They like cryptocurrencies because of fiat not because they are decentralized payment systems with lower fees. Increasing crypto coins means nothing to them until they convert their coins to fiat as soon as possible.

What do you think would happen if there was no online exchanger to convert cryptocurrencies to digital fiat currencies? (For example BTC to Paypal or ETH to Payeer).

Do you think the value of cryptocurrencies is independent of fiat?

Is collecting crypto coins without converting them to fiat means increasing investment and income?

 

 

This is a very good topic. I will say yes. Because as there is a rule there must be a rule breaker. So if any country bann the crypto then such peer to peer system we can see. So there will be no data among the platform of your transaction. The everything happens directly. Also in future the crypto may be accepted by the country. So i will stay. 

[Soaib khan 1035]

i will use the crypto currencies for online 

shopping  im not converting my crypto currencies to flat currencies i use crypto currency only online shopping

[Rudro88 371]

Even if the crypto is not new to the world, we will still be in crypto if we cannot convert it to fiat currency.  Because converting to Fiat currency can usually increase crypto, in that case if I am not in Fiat and in the world of crypto, my income will be somewhat less, but I will be there.

[teminalibug 309]

12 minutes ago, Jon said:

You will surely stay because they will bring innovation that will bring different method of payment and purchasing of good and service

But that depends on programmers interest in the cryptocurrency fields, if interest is lost, who mill bother innovate anything?