We have to stay realistic and the chance is really low that Bitcoin can reach that high value because the most people are even thinking that it wont even reach the $600 this year.
So it have to also take a long time until the value will be more worth and we have just to deal with it.
Topic: If bitcoin price is $10.000, will fiat be worthless? - page 65. (Read 145078 times)
Well I think fiat will not be worthless even if bitcoin cross that price because many will trade it into fiat and fiat will still be used by many because the government will not let bitcoin overthrow bitcoin. 
I think if bitcoin worth that high. people will not buy bitcoin? because bitcoin is very expensive? it is an unreasonable price. let's talk highest prices in bitcoin reasonable and although the price rose to $ 1,500. it will have no effects on fiat 
I voted for no, like majority. I think its not possible to happen in some near future. Maybe for who know how many years if everything become digital, like in the movies, only then can be possible that btc worth a lot ( if he survive until then) and fiat to be wortlhes.
Here we are talking about far far future. So for now there is no chance for something like that to happen, or in next 50 years.
Here we are talking about far far future. So for now there is no chance for something like that to happen, or in next 50 years.
Even for a decades it won't happen. Just because bitcoin is becoming a strong currency, it can now be considered as factor to replace fiat in the future. Are those believers are dumb freak? Your expectations are too much. You didn't know what will going if fiat money will become worthless.
I voted for no, like majority. I think its not possible to happen in some near future. Maybe for who know how many years if everything become digital, like in the movies, only then can be possible that btc worth a lot ( if he survive until then) and fiat to be wortlhes.
Here we are talking about far far future. So for now there is no chance for something like that to happen, or in next 50 years.
Here we are talking about far far future. So for now there is no chance for something like that to happen, or in next 50 years.
Even for a decades it won't happen. Just because bitcoin is becoming a strong currency, it can now be considered as factor to replace fiat in the future. Are those believers are dumb freak? Your expectations are too much. You didn't know what will going if fiat money will become worthless.
I voted for no, like majority. I think its not possible to happen in some near future. Maybe for who know how many years if everything become digital, like in the movies, only then can be possible that btc worth a lot ( if he survive until then) and fiat to be wortlhes.
Here we are talking about far far future. So for now there is no chance for something like that to happen, or in next 50 years.
Here we are talking about far far future. So for now there is no chance for something like that to happen, or in next 50 years.
Bitcoin will honestly never be able to go that high in a few years. 10k is relatively small, and currencies may be driven down by this rising financial overlord, but coins will still have their collectors and metal value as such.
If bitcoin was worth $10,000 and fiat was worthless then bitcoin would also be worthless no? Let's say fiat was worthless it would have nothing to do with bitcoin but everything to do with a plan of a few. My bitcoin would never be sold for worthless paper now or in the future.
what if bitcoin overtake the fiat? all countries use bitcoin as their main currency? I knew this was something that stupid? but we're thinking if bitcoin worth that highbecause if bitcoin worth as high as it would have. there is something happening in the world? possible disaster ?
Imho bitcoin will never 'over take' fiat. Many or most countries may use it beside their currency but you need to realize what 'their currency' is and that is control and an illusion. They will never give that up. Even if the time came where a country did, never would the whole world. Regardless of how much bitcoin goes to there will always be fiat and if we're honest it is already worthless but the illusion makes the masses believe its not. If there isn't fiat as I said we would have bigger worries than the price of bitcoin.
Well I think fiat will not be worthless even if bitcoin cross that price because many will trade it into fiat and fiat will still be used by many because the government will not let bitcoin overthrow bitcoin.
Fiat money will always be needed, it will be just worthless when all the countries will going to have an agreement and they are going to abolish the use of fiat money. And they will just only have one currency at all, or the universal currency. Which is the bitcoin is going to be the first option.
Only if, that happens.
Fiat is one of those situational based on the size of the country.
And if the country itself, you can see smaller countries fail without the help of others - you can see a small scale on greece. And what happens if lending doesnt happen, so the only question would be how long would it take to become like greece.
Also fiat can touch even those poor countries thru physical transactions in their market. Bitcoin has nothing to do with that kind of transaction. So why desiring that fiat will be worthless. They don't see the major problem once that thing is happen.
Well I think fiat will not be worthless even if bitcoin cross that price because many will trade it into fiat and fiat will still be used by many because the government will not let bitcoin overthrow bitcoin.
For a minute let us assume that fiat has been stopped, then how we will determine what the price of bitcoins is, I mean what is the worth of 1 bitcoins for a user ? So you can see fiat cant go 
yeah of course if fiat die there would not be used to look at the exchange rate on bitcoin? then for what bitcoin? is it bitcoin currency could be the only one? I thought it was impossible. fiat will survive whatever happens.although the price of bitcoin explode. Fiat will stay alive If bitcoin was worth $10,000 and fiat was worthless then bitcoin would also be worthless no? Let's say fiat was worthless it would have nothing to do with bitcoin but everything to do with a plan of a few. My bitcoin would never be sold for worthless paper now or in the future.
All transactions will now be BTC1 = BTC1.
Who the hell will sold coins for $10,000 if fiat is worthless. People will not sold their coins due to the fact that fiat will now be worthless. So what is the sense of dreaming a skyrocket price of bitcoin if fiat is worthless.
Fiat will never be worthless globally and if it is we will really no longer care about bitcoin. We will all care about surviving. Like I said my bitcoin is safe and will never be sold for fiat unless emergency comes up, which means I am waiting until I can by all I need as bitcoin prices. Like you said above 1btc to me = 1btc.
Fiat is one of those situational based on the size of the country.
And if the country itself, you can see smaller countries fail without the help of others - you can see a small scale on greece. And what happens if lending doesnt happen, so the only question would be how long would it take to become like greece.
If bitcoin was worth $10,000 and fiat was worthless then bitcoin would also be worthless no? Let's say fiat was worthless it would have nothing to do with bitcoin but everything to do with a plan of a few. My bitcoin would never be sold for worthless paper now or in the future.
what if bitcoin overtake the fiat? all countries use bitcoin as their main currency? I knew this was something that stupid? but we're thinking if bitcoin worth that highbecause if bitcoin worth as high as it would have. there is something happening in the world? possible disaster ?
For a minute let us assume that fiat has been stopped, then how we will determine what the price of bitcoins is, I mean what is the worth of 1 bitcoins for a user ? So you can see fiat cant go
Lol it's a very good logic I think Fiat will never die. fiat will live as usual and when that happens the price will not make fiat into fall. but all difficult to predict ? because all could happen. the future is something vague and unclear. let's wait and seeFor a minute let us assume that fiat has been stopped, then how we will determine what the price of bitcoins is, I mean what is the worth of 1 bitcoins for a user ? So you can see fiat cant go
Lol it's a very good logic I think Fiat will never die. fiat will live as usual and when that happens the price will not make fiat into fall. but all difficult to predict ? because all could happen. the future is something vague and unclear. let's wait and see
First btc has to be that price,second true is that fiat is worthless already,negative interest rates,debt,currency wars .It is going nowhere,practically debt is money now,debt not possible to repay
Yes, we have to understand that if BTC reaches 10k still why are we saying it 10k USD? Because we are comparing with bitcoins with usd and if there is no base to compare it would be clueless to use them. Fiat might be co-existing with bitcoin always as it has some specific users and specific reasons to exist all the times.
Yes and also due to the personal benefits government will never let their currency go out of the market. They won't accept bills , etc as paid by bitcoins and then you have to be forced to use local currency.
First btc has to be that price,second true is that fiat is worthless already,negative interest rates,debt,currency wars .It is going nowhere,practically debt is money now,debt not possible to repay
Yes, we have to understand that if BTC reaches 10k still why are we saying it 10k USD? Because we are comparing with bitcoins with usd and if there is no base to compare it would be clueless to use them. Fiat might be co-existing with bitcoin always as it has some specific users and specific reasons to exist all the times.
If bitcoin was worth $10,000 and fiat was worthless then bitcoin would also be worthless no? Let's say fiat was worthless it would have nothing to do with bitcoin but everything to do with a plan of a few. My bitcoin would never be sold for worthless paper now or in the future.
All transactions will now be BTC1 = BTC1.
Who the hell will sold coins for $10,000 if fiat is worthless. People will not sold their coins due to the fact that fiat will now be worthless. So what is the sense of dreaming a skyrocket price of bitcoin if fiat is worthless.
Fiat will never be worthless globally and if it is we will really no longer care about bitcoin. We will all care about surviving. Like I said my bitcoin is safe and will never be sold for fiat unless emergency comes up, which means I am waiting until I can by all I need as bitcoin prices. Like you said above 1btc to me = 1btc.
No, i dont agree. the value of one bitcoin doesnt devalue fiat. if bitcoin was worth a million dollars each. it would work the same way as today but the amount of coins traded in every transaction would be much much smaller. we would trade in satoshis instead of bits.
Yes, we can think like gold is very costly today but that doesnt mean that fiat has stopped and gold is being used, like 1 gram gold paid for bills, etc LOL , anyways it will be good to see btc being more introduced and used, but cant replace fiat honestly. 
impossible at the price of 10000 it difficult
Yup Fiat would always exist, its not that easy to disappear it, as people are using it since a long period of time, there are many people who will continue to use fiat in future too.
Jump to: