Topic: If bitcoin price is $10.000, will fiat be worthless? - page 87. (Read 145034 times)
Bitcoin will not be reaching $10.000 anytime soon, so don't worry about it.
yes of course it will be worthless...as i btc can earn many more if you use it in the right way!!
So where do you exchange now bitcoin if fiat is worthless? That will be 1:1 ratio of bitcoin price because it has no exchange currency.
You can't make profit with bitcoin alone as a currency in the world.
You can make Bitcoin working, if the world was advanced enough taht is whre we should aim at at the future, so you work for Bitcoin, and you don't need fiat in the equation anymore, so the exchanges would be just to speculate, not a necessity to own Bitcoin like it is now (unless you are one of the rare persons that make a salary on Bitcoin already).
Of course not, if it will be useless so where will you base the value of bitcoin now. No matter what the price is you still need fiat.
Yeah, fiat will always be a part of our life and society as we find more users of fiat in compare to fiat, and there are many people who really don't care about bitcoins, they would engage themselves in using fiat.
Of course not, if it will be useless so where will you base the value of bitcoin now. No matter what the price is you still need fiat.
i dont think fiat money be worthless
we still need exchange bitcoin to fiat money buy daily stuff
we still need exchange bitcoin to fiat money buy daily stuff
i dont think that fiat ever will be worthless as the money system we have now is deeply rooted and will be hard to change
yeah if bitcoin was worth it, of course fiat will not be used, everyone will wear the currency with the highest value.But ordinary people won't be able to use bitcoin at such price.
Think the other way round.
Fiat will not be worthless but bitcoin would be.
Since fiat is backed up by governments it will remain stable no matter where the price of bitcoin goes.
But I dont think bitcoin will reach $10 in first place. At least not in next 5 years from now.
So I voted for no.
Fiat will not be worthless but bitcoin would be.
Since fiat is backed up by governments it will remain stable no matter where the price of bitcoin goes.
But I dont think bitcoin will reach $10 in first place. At least not in next 5 years from now.
So I voted for no.
Being backed by a government doesn't mean anything. There have been plenty of fiat currencies that have been backed by a government and become worthless: Germany after WWI, Zimbabwe in the 1990s, and Venezuela right now is suffering over 100% inflation rates. Those are just a very small sample too. Being backed by a government doesn't make it a sound currency.
i dont think that fiat ever will be worthless as the money system we have now is deeply rooted and will be hard to change
yeah if bitcoin was worth it, of course fiat will not be used, everyone will wear the currency with the highest value. 
In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?
of course i'm not agree with this statement,too early if you think bitcoin will replace fiat because it price,its not gonna happen for several years again,the only way to replace fiat is fiat own self. Do you agree with this statement?
Think the other way round.
Fiat will not be worthless but bitcoin would be.
Since fiat is backed up by governments it will remain stable no matter where the price of bitcoin goes.
But I dont think bitcoin will reach $10 in first place. At least not in next 5 years from now.
So I voted for no.
Fiat will not be worthless but bitcoin would be.
Since fiat is backed up by governments it will remain stable no matter where the price of bitcoin goes.
But I dont think bitcoin will reach $10 in first place. At least not in next 5 years from now.
So I voted for no.
i think that if bitcoin price will be 10.000 every buddy will work day and night to collect bitcoin and forget about fiat :p so it will be worthless :p
no, because if the price was 10k, then one should assume that to have one bitcoin will be 25x harder than now, so you would end up with the same value as now, which means much less coins
So what is bitcoin will be 10.000$? You'll work harder, longer for 1 BTC. And there will be more zeros when doing transactions. Same thing.
i dont think that fiat ever will be worthless as the money system we have now is deeply rooted and will be hard to change
i think that if bitcoin price will be 10.000 every buddy will work day and night to collect bitcoin and forget about fiat :p so it will be worthless :p
no, because if the price was 10k, then one should assume that to have one bitcoin will be 25x harder than now, so you would end up with the same value as now, which means much less coins
No, assuming that the adaption of bitcoin will be the same as it is today, you're still going to need fiat to buy day to day stuff.
Therefore you will always be in need of fiat and need to exchange in this situation.
Therefore you will always be in need of fiat and need to exchange in this situation.
i think that if bitcoin price will be 10.000 every buddy will work day and night to collect bitcoin and forget about fiat :p so it will be worthless :p
no, because if the price was 10k, then one should assume that to have one bitcoin will be 25x harder than now, so you would end up with the same value as now, which means much less coins
i think that if bitcoin price will be 10.000 every buddy will work day and night to collect bitcoin and forget about fiat :p so it will be worthless :p
When Bitcoin is $10,000, the market cap of bitcoin is just $210 billion. It cannot represent all the fiat, so the fiat will exist.
yes of course it will be worthless...as i btc can earn many more if you use it in the right way!!
So where do you exchange now bitcoin if fiat is worthless? That will be 1:1 ratio of bitcoin price because it has no exchange currency.
You can't make profit with bitcoin alone as a currency in the world.
yes of course it will be worthless...as i btc can earn many more if you use it in the right way!!
No, not really. But if it's some really ridiculous number like $1 trillion, then yes.
Based on the current exchange rates when BTC hits 10,000 fiat would be around 20x more inflated than right now.
Based on the current exchange rates when BTC hits 10,000 fiat would be around 20x more inflated than right now.
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