it seems that is not true, the price of this fiat currency has price movements up and down so it is not always the price of the fiat currency to fall, surely there will be times when the price of fiat becomes very expensive.
right, depending on the country's economy. like today fiat currency other than dollar has decreased, in contrast to strong dollar. of course if a country fixes it with the right policy, then their fiat currency will increase 
Topic: Fiat Currency Always Fails (Read 2060 times)
it seems that is not true, the price of this fiat currency has price movements up and down so it is not always the price of the fiat currency to fall, surely there will be times when the price of fiat becomes very expensive.
It really needs to our economy and our community most of people here in the world don't know how to use yet online currency and I think governments will not allow to change their current useful currency to replace a not legalized currency in any country.
Fiat currency really needs to be used for the country because fiat currencies have become their daily needs as payments and transactions. of course these two currencies are useful in their respective fields, if digital currencies are useful in the digital world and if fiat currencies are useful in the real world.If traditional money can be used by everyone, digital currencies are only for some groups of people. You will agree that many people on this Earth cannot even read and write, they do not know anything about Internet.
See:
There Is No Escaping History. Fiat Currency Eventually Fails.
Notice that this is a critique of fiat money -- not a critique of state-issued money under a gold/silver or other standard. Fiat money is a rare occurrence in modern history. (We live in strange times!) As we can see, the examples found by the author are a small number of short periods here and there.
I have my own critique of gold/silver standards, but that's another issue.
There Is No Escaping History. Fiat Currency Eventually Fails.
Notice that this is a critique of fiat money -- not a critique of state-issued money under a gold/silver or other standard. Fiat money is a rare occurrence in modern history. (We live in strange times!) As we can see, the examples found by the author are a small number of short periods here and there.
I have my own critique of gold/silver standards, but that's another issue.
It will fail and also crypto somehow will fail sometimes. Everything in not that perfect and would have some faults, so be wary of the things you want to say, because today, you are still using FIAT.
Yes, not just fiat will fail, but the crypto will fail too because everything cannot be always in the top position and sometimes it will fail and we don't know when the times are. But I think both crypto and fiat can give something benefits to us although it fails especially, we now still using fiat to purchase anything and we use crypto for the investment section.
Fiat is always needed for the economy and in everyday life. Sometimes using Fiat currency will be more convenient than crypto money.
Yes, people still use fiat to buy something for their life. I think fiat depends on the other fiat and we know that in every country, fiat is up and down and it depends on USD. Besides that, I think the sources to make paper fiat still reduce, and we cannot deny that in one day, the supply for the paper fiat will end so I think we need something to help fiat and the cryptocurrency can gives benefits for fiat.
That is why people still prefer to use fiat for every transaction, and they don't want to accept something new that will make them easy to make a transaction. But soon, after they know that the technology of digital currency comes to them, they will realize that now it's the time for them to change their payment system into the digital transaction. I think if they can use fiat and cryptocurrency at the same time, they can have more benefits which they can use fiat as the payment, and they can also use cryptocurrency as their investment.
See:
There Is No Escaping History. Fiat Currency Eventually Fails.
Notice that this is a critique of fiat money -- not a critique of state-issued money under a gold/silver or other standard. Fiat money is a rare occurrence in modern history. (We live in strange times!) As we can see, the examples found by the author are a small number of short periods here and there.
I have my own critique of gold/silver standards, but that's another issue.
There Is No Escaping History. Fiat Currency Eventually Fails.
Notice that this is a critique of fiat money -- not a critique of state-issued money under a gold/silver or other standard. Fiat money is a rare occurrence in modern history. (We live in strange times!) As we can see, the examples found by the author are a small number of short periods here and there.
I have my own critique of gold/silver standards, but that's another issue.
It will fail and also crypto somehow will fail sometimes. Everything in not that perfect and would have some faults, so be wary of the things you want to say, because today, you are still using FIAT.
Fiat is always needed for the economy and in everyday life. Sometimes using Fiat currency will be more convenient than crypto money.
Yes, people still use fiat to buy something for their life. I think fiat depends on the other fiat and we know that in every country, fiat is up and down and it depends on USD. Besides that, I think the sources to make paper fiat still reduce, and we cannot deny that in one day, the supply for the paper fiat will end so I think we need something to help fiat and the cryptocurrency can gives benefits for fiat.
Fiat is always needed for the economy and in everyday life. Sometimes using Fiat currency will be more convenient than crypto money.
Yes, people still use fiat to buy something for their life. I think fiat depends on the other fiat and we know that in every country, fiat is up and down and it depends on USD. Besides that, I think the sources to make paper fiat still reduce, and we cannot deny that in one day, the supply for the paper fiat will end so I think we need something to help fiat and the cryptocurrency can gives benefits for fiat.
It really needs to our economy and our community most of people here in the world don't know how to use yet online currency and I think governments will not allow to change their current useful currency to replace a not legalized currency in any country.
Fiat currency is always been there and it is performing good. So we cannot say that it is failed and unable to deliver. However with every passage of time things do change and we will see new technology taking over the old one and similarly fiat will be replaced by bitcoin one day.
I don't think fiat currency always fail there are some misconceptions with countries like Venezuela, greece. but you can most world's countries are actually dependent on fiat currency as you know United States dollar is one of the dominant currency in the world. If we compare crypto with fiat than fiat will always win because of stable price.
crypto currency has seen drastic changes in its value from last 10 months. So is there any changes in Fiat currency nothing just some negligible changes.
crypto currency has seen drastic changes in its value from last 10 months. So is there any changes in Fiat currency nothing just some negligible changes.
It really needs to our economy and our community most of people here in the world don't know how to use yet online currency and I think governments will not allow to change their current useful currency to replace a not legalized currency in any country.
Fiat currency really needs to be used for the country because fiat currencies have become their daily needs as payments and transactions. of course these two currencies are useful in their respective fields, if digital currencies are useful in the digital world and if fiat currencies are useful in the real world.
It really needs to our economy and our community most of people here in the world don't know how to use yet online currency and I think governments will not allow to change their current useful currency to replace a not legalized currency in any country.
Fiat is always needed for the economy and in everyday life. Sometimes using Fiat currency will be more convenient than crypto money.
I heard in Zimbabwe that the value of their fiat is very small, and the reason is because they print too much fiat but their country's economic situation is deteriorating. The failing fiat value depends on the country's economy, I'm not very good at the economy but for the past and present values are different because of inflation.
well, in some fiat countries it has a pretty good role, but some don't. like Zimbabwe. well, basically the value of money will be measured by how well your country is managing it. as far as I know, every year, fiat always decreases. 
Why Fiat? As I can see cryptocurrencies are already failed most in the history too many scammers and hackers trying to breach the system or exchanges, fiat can trace I guess and hacking also are involved here.
In the current era, particularly in developing countries, fiat is the most successful currency for it has a huge demand and is widely used as cash and to make instant transactions. On the other hand, cryptocurrency is not a failure as well. In developed countries, it has been used as a medium of exchange and to save and store value. However the market is down right now due to many reasons but both the forms of money are of great use and importance.
In fact fiat currencies are indeed a failed currency, also not immune to inflation and the existence of corrupt practices by officials. But what's our power, they / the government have propagated ourselves since our grandparents were just born, so that in its use it continues to take root and it seems impossible for the community, can be separated from it.
I heard in Zimbabwe that the value of their fiat is very small, and the reason is because they print too much fiat but their country's economic situation is deteriorating. The failing fiat value depends on the country's economy, I'm not very good at the economy but for the past and present values are different because of inflation.
I mean let's face it, it's easier to handle money electronically than with papers in the hand. And if we compare fiat on the bank account and the blockchain money guesses who have the advantage...well not quite yet, but the potential for the blockchain is huge.
It is not always more convenient to work with electronic money, although in some cases they are better than fiat. These two types of currencies have their advantages and disadvantages in use and will only go together. Cryptocurrency will never replace the national money of states. Cryptocurrency can not interact with the economy of the state, as national money does. In addition, the cryptocurrency has a high degree of volatility and, due to even these two reasons, it can never replace the usual currency.Fiat currency has been there for more than a century and still it is working. You cannot call it a failure so easily and it will not be completely eliminated. Digital currencies are better and good but not everyone is at ease using them. Also you need technology to be able to use them unlike fiat which even an illiterate person can use easily.
the more printing fiat currency will cause inflation and fiat currency to decline in value. if this happens to the dollar then this will affect the world economy. and the ups and downs of fiat money are also influenced by the government's political conditions and negative issues. maybe because this is why satoshi created a decentralized bitcoin so that it wouldn't experience inflation. if the fiat currency situation gets worse maybe in the future cryptocurrency will replace it.
The future of cryptocurrency is there of course but I think it would be better if fiat money and cryptos will stay together and provide us a more convenient way to transact around the world, which is good for us of course so let's keep on supporting this two monetary system especially with cryptos.
The using of fiat is decreasing. I seems that the future of currency will be crypto currencies. People like to send and receive money with bitcoin because there's no tax applied
the more printing fiat currency will cause inflation and fiat currency to decline in value. if this happens to the dollar then this will affect the world economy. and the ups and downs of fiat money are also influenced by the government's political conditions and negative issues. maybe because this is why satoshi created a decentralized bitcoin so that it wouldn't experience inflation. if the fiat currency situation gets worse maybe in the future cryptocurrency will replace it.
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