I think that it is a good choice to bump this thread now as we are getting closer to 10000$.
Do you think that fiat is about to get worthless?
I don't think so.
Bitcoin system hasn't become mainstream yet, and most of the people around the world doesn't know about it's existent.
I think that we have a long way to pass before we can declare that fiat is worthless./
Topic: If bitcoin price is $10.000, will fiat be worthless? - page 4. (Read 145077 times)
if Bitcoin price reaches $10000, Stiill fiat will be alive in the market.Even now in some countries, fiat price is very less but still it is used and it will be used for buying goods.
Whatever happen in this world cash will exist, it will never be worthless even if bitcoin price skyrocket. We all know that bitcoin is not supported by the government this is why bitcoin will never beat the cash.
if the preces goes to 10.000 fiat still will exist for a lont time, and bitcoin will be use it for more and more people around the world.
what we will see is fiat decreasing in value and bitcoin increasing the value.
what we will see is fiat decreasing in value and bitcoin increasing the value.
I don't agree with that even if bitcoin goes for hundreds of thousands worth because bitcoin and fiat are completely two different thing and fiat has advantage over bitcoin simply because you can not transact payment using bitcoin if you're offline.
Even if Bitcoin reach x amount it will never replace fiat currency usage. Though in a few years time the rise of cryptocurrency will bring about new are in transcation and market.
Nation-states are hugely dependent on their control of the money supply.
We can use other money, but eventually we have to get back into fiat.
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?
Even if Bitcoin reach x amount it will never replace fiat currency usage. Though in a few years time the rise of cryptocurrency will bring about new are in transcation and market.
If fiat becomes worthless, how do you intend to increase your position in bitcoin?
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?
not fiat still has its own price, maybe the price will go down but not too much, because maybe fiat investors will turn to bitcoin investment, hopefully it could be the trigger of bitcoin price increase.
Even though bitcoin will not reach the price of $10,000 then fiat is already worthless because fiat is backed by nothing so it means that there is no real value of it and the government are the only reason why the bitcoin have its value and it is also worthless because the value of the fiat is getting lower and lower because of the inflation.
of course fiat will still be in use. but, I feel that bitcoin will be the main character in making money, in comparison to finding fiat. but, of course fiat remains valuable and used. I feel that it can not be separated from society.
that's true, although bitcoin is now a lot of users from around the world. fiat has been used for a long time by everyone. so someone will not leave the fiat. 
of course fiat will still be in use. but, I feel that bitcoin will be the main character in making money, in comparison to finding fiat. but, of course fiat remains valuable and used. I feel that it can not be separated from society.
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. I strongly disagree with that argument or statement. Because as far as we can observe, there are still a large count of population in the world who does not recognize and do not know bitcoin yet and do still prefer using fiat rather cryptocurrencies. Not all people can easily handle and use bitcoin effectively so many are not still dependable into cryptocurrencies because fiat is still the most valuable thing for them. As for now, bitcoin has already reached the $8,000 mark but still fiat is worthy and that will be still worthy even bitcoin price pumps up to $10,000 because people still depend and rely their everyday living on it.Do you agree with this statement?
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. I strongly disagree with that argument or statement. Because as far as we can observe, there are still a large count of population in the world who does not recognize and do not know bitcoin yet and do still prefer using fiat rather cryptocurrencies. Not all people can easily handle and use bitcoin effectively so many are not still dependable into cryptocurrencies because fiat is still the most valuable thing for them. As for now, bitcoin has already reached the $8,000 mark but still fiat is worthy and that will be still worthy even bitcoin price pumps up to $10,000 because people still depend and rely their everyday living on it. Do you agree with this statement?
if bitcoin reaches 10.000 USD maybe I think monet fiat is still valid, for example you buy cigarettes or other daily goods, of course we do not have to use bitcoin for transactions we still need fiat money
That is right, fiat money will stay here in our world and it will not become worthless because it is still worth it to just use fiat money in doing basic purchases or stuffs that we usually do in our life like buying small things like food, clothes and basic needs. Bitcoin is more on being an investment and it is a must to have if you want to become rich someday.
if bitcoin reaches 10.000 USD maybe I think monet fiat is still valid, for example you buy cigarettes or other daily goods, of course we do not have to use bitcoin for transactions we still need fiat money
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! I don't agree to your statement! Fiat currency will never be worthless! If you will observe our society, there is always a transaction that are using fiat currency. Even the bitcoin reach $50,000 per each, I believe that fiat currency will not become worthless. Do you agree with this statement?
FIAT will still be useful because the government prefer fiat and they are in charge of the currency. they determine the growth and they can easily trace any transactions and nail down fraudsters
The problem with the government is it still controlled by people, so we cannot expect that they are transparent unlike a decentralized system.Bitcoin will become more popular because the real transparency can be seen when we are using the blockchain and no one can delete and undo the transaction.
We're almost at armsreach of that 10k target this year and fiat's not even flinching. That goes to show that fiat doesn't mind bitcoin and crypto. Whatever happens to.bitcoin, fiat will be fiat and unless majority of the people will have the means to transact digitally, its not going to lose value
FIAT will still be useful because the government prefer fiat and they are in charge of the currency. they determine the growth and they can easily trace any transactions and nail down fraudsters
The problem with the government is it still controlled by people, so we cannot expect that they are transparent unlike a decentralized system.Bitcoin will become more popular because the real transparency can be seen when we are using the blockchain and no one can delete and undo the transaction.
FIAT will still be useful because the government prefer fiat and they are in charge of the currency. they determine the growth and they can easily trace any transactions and nail down fraudsters
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