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Raziki

Its time to go in crypto lets leave fiat currency

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I'm ready to go, but asset prices must first reset and then gradually increase in value.
So we buy a house. Yes, 10 doge coins equals 500k, and yes, there will be those who argue that it is not fair...but we don't care because life isn't fair.
I'm ready to go all-in on crypto, and I'm sure you are, too.

As a result of the war situation, fiat currency may not be used in some European countries to purchase property with bitcoin for some time.

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At the moment, going all-in on cryptocurrency is not a viable option. The majority of stores and merchants do not yet accept cryptocurrency, and that is only half of the problem; the volatility of cryptocurrency means you will be constantly checking the market value before making any purchase.
During a war, cash would be one of the most valuable currencies. Bitcoin is more useful for carrying assets with you, but it would be difficult to spend bitcoins during a war.

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The majority of altcoins now have almost no price change. There was a 3-5 percent price change, with both a dip and a pump in the price of bitcoin and some trusted altcoins. The value of dogecoin has been greatly reduced. The majority of dogecoin investors were perplexed. Whether to sell or hold for a while longer. Elon's support for Dogecoin has not yet ended. Because the situation with Gas was so bad, it had an effect on bitcoin as well.

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To clarify, the war is in the EU, so there may be some impact on other countries, but I don't believe the majority will go full crypto as a result of it.

Perhaps there are some people who are already 100 percent in crypto, particularly bagholders who have seen how the market has evolved and what it entails, but for the majority of us who have been in the game for 5 years or less, they may still be in fiat because it is readily available.

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You're ready to go all in, but the rest of the world isn't.

The fact that the world has yet to fully embrace cryptocurrencies is still a reality that must be accepted. We're all for it, but how are you going to buy your groceries if supermarkets aren't yet accepting bitcoin?

That is all the logic and reasoning you need to consider. There are still many stores that are unaware of it, particularly those that sell our basic necessities.

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I'm ready if it's beneficial and the prices are low enough to offset my benefits; otherwise, I'm not interested.
If I can buy a nice villa with 5 doge coins because prices will be low due to the economic reset...then I'm all in and ready to say only positive things about crypto.

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When it comes to investing their assets, everyone has different preferences.
Why not, if you have a strong belief that, for example, doge will become extremely valuable in the future?
When it comes to investments, we are free to make our own decisions.
But, even if many people are discovering the benefits of cryptocurrency, I don't believe countries will abandon their own fiat in favour of cryptocurrency.
We should be grateful that crypto is now being accepted as part of many countries' financial systems.

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There may come a time when fiat will no longer be used, but for the time being, we should not rely solely on cryptocurrency. We couldn't use crypto payments fully because there are still so many stalls that don't accept them. If they do, perhaps that is the time to convert our fiat to cryptocurrency, albeit not entirely, perhaps around 90% if I choose. We may never know, but even if the crypto market falls, we may still have 10% left to use right now.

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The entire purpose of bitcoin is to provide an alternative to cash/gold. Legal tender laws and forcing people to use a specific currency defeats the purpose of bitcoin in the first place.

People should be able to pay with whatever they want. While a world with only crypto payments would be ideal, it is simply not feasible at this time. There are far too many people who have no idea how to use a wallet or any other piece of crypto-related hardware. Education and time will solve this.

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No, buddy, fiat money is still very important in our lives; it is both necessary and indispensible. That is correct.
Crypto needs more time to completely replace fiat money, and it has many limitations because many shops, restaurants, and services do not accept it. Volatility, transaction fees, and transaction processing times will make daily transactions difficult for us.

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Please begin with yourself; you can reset the price by selling your house for 10 doge. If you're okay with that, you're ready for unfairness, which could come in the form of someone charging that much for a glass of juice. The 10 doge you received will get you the equivalent price of a house, plus market volatility.

Because we are decentralized, I'm confident that if someone is willing to start, the crypto price reset will be done globally.

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To be honest, I'm not ready to let go of it because I still use fiat to purchase daily necessities. But I don't think the rest of the world is ready because they're still using their own currency. If you want to go all-in on crypto, it's not a good idea because I'm sure your country still uses fiat, but if you use crypto for investment, it will be beneficial to you. It is best to prepare yourself by owning an investment, whatever it may be, so that if something bad happens, you can sell the investment and survive.

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