Lol, it's not possible because they will print more if the current is exhausted.
Also, the people will never use all their fiat to buy bitcoins.
Topic: If bitcoin price is $10.000, will fiat be worthless? - page 25. (Read 145035 times)
Well as long as we can use Fiat to pay for our needs or something it will surely be worth it,
And I think the only way for Fiat to become worthless is if nobody would accept it as payment.
And I think the only way for Fiat to become worthless is if nobody would accept it as payment.
Well for my own opinion doesn't matter how much bitcoin is,
As long as it can't be used to pay anything that we need Fiat will still be worth it.
As long as it can't be used to pay anything that we need Fiat will still be worth it.
Already fiat is worthless . No need to talk more about it ,
You don't know what your saying, Don't you know that for a several years fiat became useful in many countries in the entire world. And even bitcoin reach 1M$ Fiat will still be useful in different places of the country. 
Well said, I just hope he explain why fiat is worthless, for at least we can see why he is saying such thing. I also wanted to think that fiat is really worthless but everytime I want to fulfill my needs, fiat currency is needed. So I think as long as fiat currency is accepted as payment for goods, no matter how low its value, it still have its worth and not worthless.
Not at all. Fiat currency willl exist always regardless of bitcoin price and always will have their value. Actually saying, fiat don't need electricity and internet, when Bitcoin requires this. Only for making transactions and mining
You obviously mean cash money
Fiat can be either digital or in the form of paper bills (and nickels). Most of fiat today is in digital form, so you still need electricity to successfully transact with it. You don't so much need Internet since you can just call the bank, tell them your passcode, and they will make all required payments on your behalf even if there is no Internet around. Banks don't need Internet either since wire transfers of digital money had been there long before Internet became mainstream in the 1990s
The price won't get to $10.000 because that would make the economy crash.
Fiat will never become worthless even if the price of bitcoin reaches the moon as if it touches that price then people will start selling their coins and convert it to fiat as even in future I don't think that bitcoin will be used and accepted everywhere and you will always need fiat for your spending.
True because bitcoin and fiat can be said in a different place. all states establish major fiat currencies as so inevitably fiat will continue to exist despite sky-high price of bitcoin
Already fiat is worthless . No need to talk more about it ,
You don't know what your saying, Don't you know that for a several years fiat became useful in many countries in the entire world. And even bitcoin reach 1M$ Fiat will still be useful in different places of the country. Yes, really agree on that because not all people are using bitcoin as their method of payment. Some of them still using fiat to pay for something. Although bitcoin price is sky rocketting and hit $10,000 but if not all people use it, fiat will still be useful for sure
Since bitcoin's price is still indicated in fiat's price (Dollars in your example), that alone is a clear sign that fiat is totally still worth something although maybe the reason why bitcoin's price is already $10,000 is because the value of fiat has already decreased a lot. Either way, 10k USD per bitcoin says that bitcoin is already accepted by merchants and mass adoption is starting to happen. The price will increase even faster because growth is exponential specially on something that's built by human's population and trust like bitcoins.
Bitcoin then was created but the main purpose was just to aid fiat to give a fast transaction, but people are thinking differently, they want to replace fiat with bitcoin which is impossible to happen.
Already fiat is worthless . No need to talk more about it ,
You don't know what your saying, Don't you know that for a several years fiat became useful in many countries in the entire world. And even bitcoin reach 1M$ Fiat will still be useful in different places of the country. Yes, really agree on that because not all people are using bitcoin as their method of payment. Some of them still using fiat to pay for something. Although bitcoin price is sky rocketting and hit $10,000 but if not all people use it, fiat will still be useful for sure
Since bitcoin's price is still indicated in fiat's price (Dollars in your example), that alone is a clear sign that fiat is totally still worth something although maybe the reason why bitcoin's price is already $10,000 is because the value of fiat has already decreased a lot. Either way, 10k USD per bitcoin says that bitcoin is already accepted by merchants and mass adoption is starting to happen. The price will increase even faster because growth is exponential specially on something that's built by human's population and trust like bitcoins.
Already fiat is worthless . No need to talk more about it ,
You don't know what your saying, Don't you know that for a several years fiat became useful in many countries in the entire world. And even bitcoin reach 1M$ Fiat will still be useful in different places of the country. Yes, really agree on that because not all people are using bitcoin as their method of payment. Some of them still using fiat to pay for something. Although bitcoin price is sky rocketting and hit $10,000 but if not all people use it, fiat will still be useful for sure
fiat money never be worthless or zero price
what ever digital curency very high price fiat money still much user
because in real life still need fiat money, not only crypto curency or digital curency
yes fiat is not going to be worthless in any case, i think it can only be possible if all the people of the world start using bitcoin, and i do not think that it can be possible in next few decades. what ever digital curency very high price fiat money still much user
because in real life still need fiat money, not only crypto curency or digital curency
Not at all. Fiat currency willl exist always regardless of bitcoin price and always will have their value. Actually saying, fiat don't need electricity and internet, when Bitcoin requires this. Only for making transactions and mining.
In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?
No because this is the main factor of the bitcoin and altcoin market to make more nd more profit .Do you agree with this statement?
With every small jump and dump of thee price of the bitcoin results in the big result in the altcoin market .
So here we will have more and more chances to make profit in trading with altcoins if the price of bitcoin comes at this peak .
It's an opposite effect of bitcoin because when bitcoin dump people will convert their bitcoins into altcoins, the trend is like this if you have been observing the past. But, back to the topic, it's not misleading because bitcoin is still dependent on fiat and fiat will never be worthless even if the price will be $100,000.
In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?
No because this is the main factor of the bitcoin and altcoin market to make more nd more profit .Do you agree with this statement?
With every small jump and dump of thee price of the bitcoin results in the big result in the altcoin market .
So here we will have more and more chances to make profit in trading with altcoins if the price of bitcoin comes at this peak .
Already fiat is worthless . No need to talk more about it ,
You don't know what your saying, Don't you know that for a several years fiat became useful in many countries in the entire world. And even bitcoin reach 1M$ Fiat will still be useful in different places of the country. Fiat will never become worthless even if the price of bitcoin reaches the moon as if it touches that price then people will start selling their coins and convert it to fiat as even in future I don't think that bitcoin will be used and accepted everywhere and you will always need fiat for your spending.
True because bitcoin and fiat can be said in a different place. all states establish major fiat currencies as so inevitably fiat will continue to exist despite sky-high price of bitcoinbut it will have no effect on the rate or specific currency in a country
fiat money never be worthless or zero price
what ever digital curency very high price fiat money still much user
because in real life still need fiat money, not only crypto curency or digital curency
what ever digital curency very high price fiat money still much user
because in real life still need fiat money, not only crypto curency or digital curency
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?
If Bitcoin gets up to around $10,000 then it would just be an expensive coin to purchase. Bitcoin wouldn't change the Currency system that much because there isn't that many people that are holding the coin for investing, they usually spend the money on online things. $10,000 a coin isn't that much money, $1,000,000,000 per coin would be interesting.
If each person within the world was trying to hold their coins then they might have a few extra cash laying around, that's about it.
Fiat will never become worthless even if the price of bitcoin reaches the moon as if it touches that price then people will start selling their coins and convert it to fiat as even in future I don't think that bitcoin will be used and accepted everywhere and you will always need fiat for your spending.
True because bitcoin and fiat can be said in a different place. all states establish major fiat currencies as so inevitably fiat will continue to exist despite sky-high price of bitcoinFiat will never become worthless even if the price of bitcoin reaches the moon as if it touches that price then people will start selling their coins and convert it to fiat as even in future I don't think that bitcoin will be used and accepted everywhere and you will always need fiat for your spending.
True because bitcoin and fiat can be said in a different place. all states establish major fiat currencies as so inevitably fiat will continue to exist despite sky-high price of bitcoin Jump to: