If Fiat was worthless, then $10,000 in bitcoin would also be worthless, too. You've gotta think in bitcoin terms. If bitcoin's market cap became the market cap of gold, fiat will still have some worth. Some countries will refuse to accept an international currency.
Yes, FIAT can never be worthless even if we go full digital as their are other countries that cannot adopt the digital world. Mostly the poor countries could not adopt, so if you don't have a fiat you cannot spend it int their area. 
Topic: If bitcoin price is $10.000, will fiat be worthless? - page 73. (Read 145059 times)
If Fiat was worthless, then $10,000 in bitcoin would also be worthless, too. You've gotta think in bitcoin terms. If bitcoin's market cap became the market cap of gold, fiat will still have some worth. Some countries will refuse to accept an international currency.
I do not think so highly Bitcoin soar to 10,000 although I hope so) While earlier people did not think that he will be worth $ 10
all prices could happen even reached $ 10,000 though. but to achieve it certainly needed something really big happens and requires a considerable time. and then bitcoin users must be greater than the total bitcoin itself. maybe it makes sense dude 
The fiat will never be worthless in my opinion because you can still convert them with each other and that it would still remain its worth in my eyes.
I think bitcoin's price will not affect the fiat. Even if the price of bitcoin is $100.000, the fiat will be good and no affect on it, but i hope bitcoin's price is $10.000 lol.
yeah I agree with you although bitcoin prices skyrocketed maybe it will not have much effect on bitcoin itself. You see when bitcoin rocketed to $ 1200 and it does not make any effect on fiat. it's different when bitcoin have covering the entire human user. will certainly gives effect to the fiatThese are two different worlds that at this point are only tied to each other because Bitcoin needs it.
It is not that simple. As you said, the price per se is irrelevant. What is not irrelevant is the amount of goods and services the exchange of which Bitcoin might potentially mediate. If this amount grows significantly (let's assume there is some in the first place), it would drive out some amount of fiat from circulation leading to its depreciation due to more, say, dollars chasing less goods (which are now exchanged for bitcoins)...
But such growth is hardly possible, though
If people and goverments of different country will admit bitcoin, fiat will be worthless anyway, if no, nothing will happen, bitcoin just will be costly, fiat no.
Explain me, why would a government of a certain country ditch fiat that they have full control over and replace it with something they can't control at all?
No it wouldnt happen if 1BTC=$10.000 maybe you mean $10k it still small for affect to fiat value, maybe if it was $1M then I think it will be a different story but I dont think btc will reach that
Even I don't think fiat will become worth less ever. no matter if bitcoin price will reach 1million $ also. (which is almost impossible) fiat will not be worthless. because local currency have its own value.. I know some countries where local currency have not any value against Dollar. like Afganistan and Iran.. so any other currency won't affect another currency.
If people and goverments of different country will admit bitcoin, fiat will be worthless anyway, if no, nothing will happen, bitcoin just will be costly, fiat no.
I do not think so highly Bitcoin soar to 10,000 although I hope so) While earlier people did not think that he will be worth $ 10
Yep, just few years ago nobody expect that Bitcoin price will reach $10! What can happen with price in 20 or 50 years nobody knows.. But i'm sure that price of Bitcoin have nothing with fiat currencies. In the worst scenario we will trade not 1 Bitcoin for $ 450, but 1 satoshi for $450
and it don't think it can affect fiat market. I think bitcoin's price will not affect the fiat. Even if the price of bitcoin is $100.000, the fiat will be good and no affect on it, but i hope bitcoin's price is $10.000 lol.
yeah I agree with you although bitcoin prices skyrocketed maybe it will not have much effect on bitcoin itself. You see when bitcoin rocketed to $ 1200 and it does not make any effect on fiat. it's different when bitcoin have covering the entire human user. will certainly gives effect to the fiatThese are two different worlds that at this point are only tied to each other because Bitcoin needs it.
I think bitcoin's price will not affect the fiat. Even if the price of bitcoin is $100.000, the fiat will be good and no affect on it, but i hope bitcoin's price is $10.000 lol.
yeah I agree with you although bitcoin prices skyrocketed maybe it will not have much effect on bitcoin itself. You see when bitcoin rocketed to $ 1200 and it does not make any effect on fiat. it's different when bitcoin have covering the entire human user. will certainly gives effect to the fiat I do not think so highly Bitcoin soar to 10,000 although I hope so) While earlier people did not think that he will be worth $ 10
Anything is possible, it may reach some day there in future, but even if we see that high price I don't think fiat will be worthless as fiat is basic necessity of many people.
I do not think so highly Bitcoin soar to 10,000 although I hope so) While earlier people did not think that he will be worth $ 10
I think bitcoin's price will not affect the fiat. Even if the price of bitcoin is $100.000, the fiat will be good and no affect on it, but i hope bitcoin's price is $10.000 lol.
Yeah its every dream of a user to see that price in future but its really difficult to expect that high price from it, but fiat will always exist and be used even if it reaches to the moon.
I think bitcoin's price will not affect the fiat. Even if the price of bitcoin is $100.000, the fiat will be good and no affect on it, but i hope bitcoin's price is $10.000 lol.
No it wouldnt happen if 1BTC=$10.000 maybe you mean $10k it still small for affect to fiat value, maybe if it was $1M then I think it will be a different story but I dont think btc will reach that
Even I don't think fiat will become worth less ever. no matter if bitcoin price will reach 1million $ also. (which is almost impossible) fiat will not be worthless. because local currency have its own value.. I know some countries where local currency have not any value against Dollar. like Afganistan and Iran.. so any other currency won't affect another currency.
If bitcoin achieves higher price in future then people will surely attract towards it and they will use fiat currency less, but the fact is fiat will simply not disappear.
No it wouldnt happen if 1BTC=$10.000 maybe you mean $10k it still small for affect to fiat value, maybe if it was $1M then I think it will be a different story but I dont think btc will reach that
Even I don't think fiat will become worth less ever. no matter if bitcoin price will reach 1million $ also. (which is almost impossible) fiat will not be worthless. because local currency have its own value.. I know some countries where local currency have not any value against Dollar. like Afganistan and Iran.. so any other currency won't affect another currency.
No it wouldnt happen if 1BTC=$10.000 maybe you mean $10k it still small for affect to fiat value, maybe if it was $1M then I think it will be a different story but I dont think btc will reach that
Even I don't think fiat will become worth less ever. no matter if bitcoin price will reach 1million $ also. (which is almost impossible) fiat will not be worthless. because local currency have its own value.. I know some countries where local currency have not any value against Dollar. like Afganistan and Iran.. so any other currency won't affect another currency.
No it wouldnt happen if 1BTC=$10.000 maybe you mean $10k it still small for affect to fiat value, maybe if it was $1M then I think it will be a different story but I dont think btc will reach that
Even I don't think fiat will become worth less ever. no matter if bitcoin price will reach 1million $ also. (which is almost impossible) fiat will not be worthless. because local currency have its own value.. I know some countries where local currency have not any value against Dollar. like Afganistan and Iran.. so any other currency won't affect another currency.
Fiat would be worthless when Bitcoin price is worth at least a million. This would mean that inflation is getting out of control.
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.
I don't think FIAT will be worthless, we don't know if it happens either, FIAT has been in existence for a long time and we cannot just replace that on a digital currency that only a minority of the world can use. Bitcoin will still take a lot of time to educate the people on how to use it. 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.
We should remember that every country has different standards and there are countries that are less developed or even undeveloped who even haven't heard of bitcoins. They would still prefer using FIAT as it is simple and can be seen physically.
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