you still use fiat in many of your daily uses. Unless bitcoin got a mass adoption, fiat will never be worthless (exclude the possibility that digital currency will replace it LOL) 
Topic: If bitcoin price is $10.000, will fiat be worthless? - page 100. (Read 145034 times)
will fiat be worthless? No you can still exchange bitcoin to fiat! That's the point you still use fiat in many of your daily uses. Unless bitcoin got a mass adoption, fiat will never be worthless (exclude the possibility that digital currency will replace it LOL)
you still use fiat in many of your daily uses. Unless bitcoin got a mass adoption, fiat will never be worthless (exclude the possibility that digital currency will replace it LOL) 
If we have a global meltdown worse than the last recession, maybe!
Fiat is already worthless 
in what country are you living?
Money is worthless when you can not buy things, food, clothes, ... with it anymore and when you can only use it to burn it to ashes in order to warm your body.
in what country are you living?Money is worthless when you can not buy things, food, clothes, ... with it anymore and when you can only use it to burn it to ashes in order to warm your body.
bitcoin will never be able to suck all the fiat money, they can just print more without problem
also fiat is already worthless, but you're obligated to use it for the majority of things
if you mean collapsed, i don't think so
also fiat is already worthless, but you're obligated to use it for the majority of things
if you mean collapsed, i don't think so
in the sense that you're forced to buy with it, but in practice fiat has no value, it's issued by a centrale autorithy that force you to buy things with it, because they made it legal and there are no other option, until now with bitcoin
Flat will still be used at 10000 dolla. We are talking mass adoption before flat becomes useless. $10,000 is only cutting into a small part of the market.
No bitcoin value will always be compared with those fiat whatever will be the price even at 100k per coin price. With 21 million total bitcoin supply, if it is 10k per coin than it will only be 210k million of fiat. That is so low than actual money exist in this world.
In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?
Do you agree with this statement?
Where is that topic maybe link us in this thread as i would like to read the reasoning behind that kind of thinking. If bitcoin reaches $10,000 that is not the world adopted it but only a small amount in the scheme of things. The only time fiat becomes worthless in some countries is when inflation goes out of control, check Zimbabwe for reference. In short no fiat will not become worthless because of bitcoin but there is a chance of it becoming worthless should certain people want it to.
No matter how high the price of bitcoin will get if there are not enough merchants that will accept it then the answer is no. Fiat will still remain as the main currency that will revolve in markets so it will never be worthless. Also if btc price will remain unstable then fiat will still be the best option to hold your funds into. You wouldn't want to wake up one day that all your money has suddenly dropped it's value.
Probably not , Bitcoin may reach that value indeed and probably more ... however It will take few years and when it does , you won't be able to buy the same things like you do with 10k $ right now so there will be a balance , just like it's the case right now .
Even the price of bitcoin was mentioned in the form of fiat ($). So, how could be the fiat will wothless at any point?$ is the referral value, because the world uses them, because the world is based on FIAT!
Sooner or later the currencies will crash.Never in history of mankind since currencies have been used, none of those ever had survived or were able to hold it's value.Check the history of money for that, especially the last 300-400.
And when fiat will have crashed, Bitcoin might be valued in oz of gold or silver.Who knows.
Fiat is already worthless in what country are you living?
Money is worthless when you can not buy things, food, clothes, ... with it anymore and when you can only use it to burn it to ashes in order to warm your body.
in what country are you living?Money is worthless when you can not buy things, food, clothes, ... with it anymore and when you can only use it to burn it to ashes in order to warm your body.
bitcoin will never be able to suck all the fiat money, they can just print more without problem
also fiat is already worthless, but you're obligated to use it for the majority of things
if you mean collapsed, i don't think so
also fiat is already worthless, but you're obligated to use it for the majority of things
if you mean collapsed, i don't think so
Why should fiat be worthless at $10,000 
This would mean a Bitcon market cap of 210 billion $. This is the half of Google's value, a third of Apple's value, around the same as Coca Cola's value, one third of Amazon's value and only 4 times more than Uber's value. Just a short list. So, $200 bln market cap or $10,000 per Bitcoin is not really much.
Fiat would be worthless when Bitcoin is worth at least a million. This would mean that inflation is getting out of control.
This would mean a Bitcon market cap of 210 billion $. This is the half of Google's value, a third of Apple's value, around the same as Coca Cola's value, one third of Amazon's value and only 4 times more than Uber's value. Just a short list. So, $200 bln market cap or $10,000 per Bitcoin is not really much. Fiat would be worthless when Bitcoin is worth at least a million. This would mean that inflation is getting out of control.
bitcoin will never be able to suck all the fiat money, they can just print more without problem
also fiat is already worthless, but you're obligated to use it for the majority of things
if you mean collapsed, i don't think so
also fiat is already worthless, but you're obligated to use it for the majority of things
if you mean collapsed, i don't think so
No I don't agree.The reason is that Bitcoin can reach that value pretty fast and the circunstances why this happens could be so different.
Fiat will still be around in decades!A success for Bitcoin in terms of value in fiat doesn't have to be connected with losing value of fiat.
Let's just some of the gold holders switch over to Bitcoin, online gaming, gambling, foreign remittances and e-commerce use Bitcoin in a larger magnitude and boom you have your $10k BTC.Euro, Dollar, Yen, Yuan etc will still be around and used by general public.
Fiat will still be around in decades!A success for Bitcoin in terms of value in fiat doesn't have to be connected with losing value of fiat.
Let's just some of the gold holders switch over to Bitcoin, online gaming, gambling, foreign remittances and e-commerce use Bitcoin in a larger magnitude and boom you have your $10k BTC.Euro, Dollar, Yen, Yuan etc will still be around and used by general public.
In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?
Do you agree with this statement?
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