Topic: it is possible fiat currency will crashed? - page 10. (Read 8740 times)
I think that while cryptocurrency evolves and more and more people will use it fiat money will crash some day but I dont believe that this will happen in the next few years as some already said fiat is backed by the government and 100% of the citizens of each country use fiat while only a few million in the world use crypto.. so I think it is just a question of users and trust... most people dont trust their government and when they start to use crypto instead of fiat, fiat money is doomed and will crash for sure.
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
The is no way that fiat currency is going to get crashed, the only way that this is going to possible is when the economies of the various countries associated with their currency gets crashed, And am sure that when the economy of a country gets crashed or goes into recession, its going to affect the entire world, and cryptocurrencies are not going to be spared either.
Of course, it is possible, FIAT money is largely without any cover and sluice for government and stock exchange manipulation and the enrichment of the bankers!
I am believe fiat currency will crash and creating economic crisis. Fiat money system creating inflation and waiting for bigger crisis. Paper money always printed because government and central banks want economic growth but its creating high inflation
I think it's impossible because what I know is fiat currency was the main currency and every single currency or digiital currency has their own profit with fiat currency. So I mean fiat currency was really important.
Fiat currency will only crashed if all countries around the world start using cryptocurrency. And making cryptocurrency more safer that it is today.
Maybe it will happen some day, but it takes at least 50 years.Well, or at least one biological generation.I mean, 25 years.Earlier this will not work for objective reasons
I think you have (reasoning) you. There will definitely be a basis for forming that milestone. I think the future will be approved and everyone will support it. 
As one wise said once, anything is possible, but I do not see all FIAT currencies crushing anytime soon. Hopefully crypto makes its way but in short term, I would not worry about fiat
Fiat is too strong for cryptocurrency, i believe that almost all people over the world are using fiat so how cryptocurrency can crashed fiat, there is no doubt that fiat will always used by all people even in the future because fiat really needs by all people.
Fiat currency already crashed in Venezuela and Turkey, its just a matter of time before it happens in another country. Even the United States is not safe because their money is no longer backed by the gold standard.
As one wise said once, anything is possible, but I do not see all FIAT currencies crushing anytime soon. Hopefully crypto makes its way but in short term, I would not worry about fiat
i dont think so. It is impossible that the fiat currency will crashed. We all know that not all of us people can afford to have a bitcoin. We have to realized that fiat currency has a big influence in every currency and theres no way that they will allowed such things to go or happen.
It is not possible for fiat currency to crash.
This is one of those high horse dreams of novice who know nothing about fiat .For the fact that fiat of a particular country is backed by that country, so it means that no sane government will allow its fiat to crash.
This is one of those high horse dreams of novice who know nothing about fiat .For the fact that fiat of a particular country is backed by that country, so it means that no sane government will allow its fiat to crash.
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
I think it is far from happening. Fiat currency will not be crashed unless the government will be crashed. Yes it can be limited in producing but cannot be totally vanish and governments will not allow it so. It is the currency that most people grew up to and used in widely various places specially in the uncity places or rural.
I do not think it will totally crashed ,it will be limit but not to the extend that it will vanished , fiat money is still the currency been used in mountainous and rural areas in every country in the world , because bitcoin and cryptocurrency will be only used in places where there are abundant supply of internet access and signals ,but fo r no signal places ,fiat money is still working as medium of exchange.
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
I don't see any reason that fiat.would crashed,bitcoins and othwr cryptocurrencies were so much dependebt on fiat.People will probably look for physical money because they are getting used in it.Eventhough ut is already known in some countries but as a whole fiat would never disappear.
The possibility of fiat currency to crash it's value of a specific country, was due to war or any destabilization happening. But of not, no way for that scenario to happen because the normal fiat trade system will run accordingly to economy. Business will be running smoothly and the fiat economy will circulate without any problems to happen as long as there's peace and order. That's there's a need for regulations for the fiat money so that it will be maintained to have smoothly running system along with peaceful community.
It is not possible for fiat money to crashed ,it will be limited only when the time comes that the cryptocurrency will utilized as currency in every place around the world, because this fiat money can still be used to places where their is scarce supply of internet connection and signals in which this the way to transact bitcoin and other cryptocurrency activities, so fiat will still be there being used.
a single guarantor imbalance that correlates between fiat and gold makes fiat's future experience a sharp decline, even the gold price cannot be stabilized now, this will have an impact on the decline of confidence in fiat globally.
sentiment is indeed needed, but the presence of crypto will balance fiat if they are concentrated as a counterweight that gets legalization.
sentiment is indeed needed, but the presence of crypto will balance fiat if they are concentrated as a counterweight that gets legalization.
The dollar depreciates every day, it has long been waiting for a collapse. Robert Kiyosaki in 2007 wrote about it. The United States loses its position as a world leader. Japan, China and other Asian countries are on the verge of a new economy.
Maybe it will happen some day, but it takes at least 50 years.Well, or at least one biological generation.I mean, 25 years.Earlier this will not work for objective reasons
Jump to: