FIAT
YieldMax Short COIN Option Income Strategy ETF
stock NYSE ETF

But Bitcoin is deflationary by nature. This naturally means people are not going to want to spend it, because it'll be worth more tomorrow. That's why we have inflation built into FIAT(not that I agree with that, I think the goal should be as close to 0% inflation as possible, a dollar today should be worth a dollar tomorrow). So spending at a grocery store is always going to be an uphill battle. We laugh at the guy who bought pizza with Bitcoin, but that's what Bitcoin is supposed to be used for.

You wait till Gordon Gekko gets his money grabbing hands on this, his buddy Buddy will have an all new hard on for him, and ETH. The speech he made about greed, well it'll be something like this.
The point is, ladies and gentleman, that ETH -- for lack of a better word -- is good.
ETH is right.
ETH works.
ETH clarifies, cuts through, and captures the essence of the evolutionary spirit.
ETH, in all of its forms -- ETH for life, for money, for love, knowledge -- has marked the upward surge of mankind.
And ETH -- you mark my words -- will not only replace FIAT, but that other malfunctioning corporation called the USA.

Your ACH will have a tracking ID - of all the shady things in Crypto, an ACH FIAT transfer is probably the easiest to resolve.

Yes Ethereum Blockchain is better supported but so is BTC.
I would only send the native token like ETH , SOL , BNB or BTC it self..
When it comes to BTC They are just overreaching and trapping people because of stupidity and fear-nongering as banks and investors with government have labeled BTC only good for money laundering .
It's all a lie and just pushing false narrative because the banks launder drug money £$¥€ FIAT 24/7 ..

Yes, everyone knows that when disasters happen or when world war III happens, everyone will still have power and active internet connections to connect to the network. Banks freezing accounts still affects crypto because you need to use your FIAT to give to a shady exchange and pay a bunch of fees to convert to crypto, and then again on the reverse side to get FIAT that you can actually use for buying things. "When payment networks go down", you mean like when you lose power or the internet? I didn't realize Solana operates on an analog, powerless offline network.
And you'll have your crypto wallet that you need to fill by having FIAT in a bank account, transferring that FIAT to a shady crypto exchange (paying fees in the process and taking several days), trade the FIAT for crypto (paying fees to the exchange), and then withdraw the crypto to your wallet (paying fees to the exchange again). And then at point of sale, you'd also have to pay fees on the network and to whoever is facilitating the transaction. Then the business would need to transfer from their wallets to an exchange, trade for FIAT, and withdraw to a bank to get FIAT that they can actually buy anything with, paying fees for each of those steps and waiting potentially several days for everything to clear.
Wow that sounds really WWIII-proof, and it's clearly so much better than the instant, hassle-free, easy and free digital payment systems that are already in place everywhere in the world, or just paying with cash in emergency situations.

A friend gave it to me when Lehman blew up, it’s an attempt from me at irony considering the FIAT unease / banking distrust amongst stackers, I also have another from a friend at Bear, I became a magnet for these objects.
https://preview.redd.it/ekogv6fmd7jf1.jpeg?width=3024&format=pjpg&auto=webp&s=f4bc344ad38f01fc0baf150ac6946cd52e762af4

No, it's like saying that amazon's main business is to sell things online.
Their main business was cars in the past century, but they have long been reinvesting their assets into different enterprises.
This often implied selling off the various divisions of the FIAT conglomerate as soon as possible, e.g. they sold magneti marelli, the division building electronics and magnets and electric motors back in 2019.
They have been generally disengaging from the automotive, as you can read here:
[https://en.wikipedia.org/wiki/Exor\_(company)#Further\_investments\_(2021-2024)](https://en.wikipedia.org/wiki/Exor_(company)#Further_investments_(2021-2024))

If FIAT collapsed, crypto would be the least of your problem. and you would need to convert it to something else in order to live.

Add some YBTC, MSTY, and FIAT

If FIAT is 0, what is the value of BTC? Everyone keeps comparing their BTC to USD and at the sametime saying USD is useless (?)

As him to look for the 1st 200 blocks in XRP - - exactly , can’t be found ! why ? because Ripple mined the sh..t out of this , owns all the supply and it selling it off to retail. why invest in that if it is as shitty as centralized FIAT + they have a whole army of shitposters (just wait for the comments) talking about taking over Banks and being adopted real rail payments = all BS, they are talking about that since years - ZERO innovation there ! There are real and good projects in crypto who bring REAL innovation - it is def not that dinosaur scam ; )
end of rant

During the financial crisis, friends that worked at Bear and Lehman during their collapse gave me stress balls and other memorabilia, it was a sick joke at the time, but kinda resonates with the stacking (FIAT mistrust) ethos I think now. In fact I have an Enron golf ball knocking around somewhere too….

Against what, inflation?. BTC price action is literally like equity, and risk off with any hint of rising interest rate. Why not gold or some commodity. And everyone wants to get to FIAT end of the day.

USDc is not FIAT money. Hopefully you get it back, but knowing Revolut, they won't help.

I never thought of FIAT like that😂

>Calling an altcoin from bitcoin better than BTC is delulu lol
Why? Do you have an argument or are you operating solely on believe?
>Yes some similarities, no not the same.
Then you surely can name them.
>What a surprise, the best performing asset on the planet has given those that invest in it some hope...crazy stuff.
We had a few of those... Most turned out very bad...
>Remove emotion. You're either betting on fiat, or you're betting on bitcoin. Which one of those sounds better?
That's fallacy. There are more options. Some even argue that BTC joined the FIAT system by stripping the p2p cash use case for 99% of the population.

Here are my 2 sats:
It's all about fundamentals. BTC has better fundamentals than FIAT and gold. So yes.

> I'm against ignoring BTC or ideological allocations of 100% in anything, without hedging
And that's why I call you an opportunist. Feeding the ones that want to control you.
>BTC works fine for savings,
So did Maddofs ponzi.... for a while. Are you also invested in the Military companies, States doing genozides etc? It's the same with BTC or FIAT for me. FIAT I can hardly avoid but BTC I can.
>And by ideological blindness I mean p2p-cash-maximalism.
And that's why I call you an opportunists. In this sub it is even more likely that you are just another social engineering account.
What you call blindness is conviction, conviction that is needed if you want to change the world. As has past revolutions shown.

Unless the tax rules where you live are different for selling to FIAT vs. stablecoins, there's no point in taking the extra risk of holding stablecoins for no extra return.

\- RLUSD still needs a liquid backbone and cannot just settle itself it needs pools and bridges when crossing jurisdictions or currency pairs
\- In corridors where RLUSD - FIAT or RLUSD - RLUSD swaps aren't deep enough XRP remains the bridge asset (basically all of them because of XRPs capabilities relative to the XRPL and where RLUSD will be moving)
\- ODL doesnt require long term holding. It is sourced at moment of transaction through exchanges or MMs then delivers the destination currency instantly
\- Value is not from hoarding XRP it's from demand for settlement liquidity
\- The more RLUSD corridors that open the more often XRP gets sourced for pathfinding increasing frequency of transaction and demand for liquidity
\- RLUSD increases XRPL volume and doesnt replace, lowers vol risk for participants in USD will routing value through the most liquid path (XRP). Every stablecoin pair that doesnt have direct liquidity will route through XRP
\- More fiat backed stablecoins = more transactions where XRP needed between asset islands
\- Utlity demand price output isnt based on hoarding its based on throughput and market depth. The higher the throughput (settlement volume) = more XRP needed = more liquidity required = pressure on price to meet depth demands
\- Even with burn demand going for centuries market making demand moves prices
\- Global liquidity hubs still need a neutral asset, if XRPL is to handle all kinds of assets it needs a neutral nonsovereign bridge
\-RLUSD is sovereign (USD). That works for USD corridors but breaks the neutrality needed for multi-currency routing, XRP remains that neutral settlement layer for cross-everything assets